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
₽ 81500
per

Your estimated
City
free-cash

Dresden , Germany
₽10700
₽21861
₽23967
₽29413
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
81 500
trade
-
-
-
5 446
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.

-
-
-
13 866
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.

-
-
-
6 894
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.

-
-
-
762
total
-
-
-
26 968
Employee

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

38 597
-
81 500
-
health

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

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

6 894
-
6 894
-
surtax

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

59
-
762
-
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.

1 078
-
13 866
-
total
8 031
-
21 522
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
42 903
81 500
-
-
surtax

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

354
672
-
-
income
6 436
12 225
-
-
trade
6 758
12 836
-
-
chamber of commerce
214
270
-
-
total
13 762
26 003
-
-
Dividends
29 140
55 496
-
-
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.

379
741
-
-
withholding
6 902
13 491
-
-
total
7 281
14 232
-
-
Income
81 500
81 500
81 500
81 500
Total tax
29 074
40 235
21 522
26 968
After tax
52 426
41 265
59 978
54 532
Living cost
30 565
30 565
30 565
30 565
Free-cash
21 861
10 700
29 413
23 967

Estimated living cost  is ₽30565 per week

₽19226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽134
-₽4718
-₽1182
-₽541
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 500
municipal
-
-
-
8 251
pensions
-
-
-
9 780
national
-
-
-
12 785
social contributions
-
-
-
876
total
-
-
-
31 692
Employee
79 044
-
70 456
-
municipal
9 763
-
8 566
-
pensions
3 162
-
2 818
-
national
15 129
-
13 274
-
total
28 054
-
24 658
-
Employer
79 044
-
70 456
-
social contributions
850
-
757
-
pensions
6 324
-
5 636
-
total
7 174
-
6 393
-
Corporate
-
81 500
-
-
income

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

-
16 300
-
-
total
-
16 300
-
-
Dividends
-
65 200
-
-
withholding
-
14 344
-
-
total
-
14 344
-
-
Income
81 500
81 500
81 500
81 500
Total tax
35 228
30 644
31 051
31 692
After tax
46 272
50 856
50 449
49 808
Living cost
50 990
50 990
50 990
50 990
Free-cash
-4 718
-134
-541
-1 182

Estimated living cost  is ₽50990 per week

₽34657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44206
₽35929
₽22733
₽25163
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
81 500
microenterprise
-
-
-
-
income
-
-
-
11 570
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.

-
-
-
26 203
total
-
-
-
37 773
Employee
29 487
-
65 678
-
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.

3 244
-
7 225
-
surtax
-
-
-
-
income
5 249
-
12 296
-
total
8 493
-
19 521
-
Employer
29 487
-
65 678
-
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.

7 103
-
15 822
-
surtax
-
-
-
-
total
7 103
-
15 822
-
Corporate
44 910
81 500
-
-
income

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

8 981
16 300
-
-
total
8 981
16 300
-
-
Dividends

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

35 929
65 200
-
-
total
-
-
-
-
Income
81 500
81 500
81 500
81 500
Total tax
24 577
16 300
35 343
37 773
After tax
56 923
65 200
46 157
43 727
Living cost
20 994
20 994
20 994
20 994
Free-cash
35 929
44 206
25 163
22 733

Estimated living cost  is ₽20994 per week

₽13393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
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.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13042
-₽18706
₽4096
-₽18706
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 500
income
-
-
-
12 324
pensions
-
-
-
11 823
health
-
-
-
10 984
total
-
-
-
35 131
Employee
86 174
86 174
86 174
-
health
13 227
11 251
13 227
-
income

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

14 105
14 105
14 105
-
pensions
15 511
11 823
15 511
-
total
42 843
37 179
42 843
-
Employer
86 174
86 174
86 174
-
unemployment
3 102
3 102
3 102
-
pensions
5 998
5 998
5 998
-
health
5 990
5 990
5 990
-
total
15 090
15 090
15 090
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
81 500
81 500
81 500
81 500
Total tax
57 933
52 269
57 933
35 131
After tax
23 567
29 231
23 567
46 369
Living cost
42 273
42 273
42 273
42 273
Free-cash
-18 706
-13 042
-18 706
4 096

Estimated living cost  is ₽42273 per week

₽29958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5510
₽4634
₽1637
₽4533
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 500
municipal
-
-
-
17 263
accident
-
-
-
163
pensions
-
-
-
8 810
other
-
-
-
9 470
unemployment
-
-
-
82
health
-
-
-
5 086
national
-
-
-
-
total
-
-
-
40 874
Employee
55 556
-
62 015
-
municipal
16 567
-
18 493
-
national
-
-
-
-
total
16 567
-
18 493
-
Employer
55 556
-
62 015
-
accident
111
-
124
-
other
6 456
-
7 206
-
unemployment
1 467
-
1 637
-
pensions
6 006
-
6 704
-
health
3 417
-
3 814
-
total
17 457
-
19 485
-
Corporate
8 488
81 500
-
-
income
1 867
17 930
-
-
total
1 867
17 930
-
-
Dividends
6 621
63 570
-
-
withholding
1 986
19 071
-
-
total
1 986
19 071
-
-
Income
81 500
81 500
81 500
81 500
Total tax
37 877
37 001
37 978
40 874
After tax
43 623
44 499
43 522
40 626
Living cost
38 989
38 989
38 989
38 989
Free-cash
4 634
5 510
4 533
1 637

Estimated living cost  is ₽38989 per week

₽25841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
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.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1204
₽15381
₽14647
₽20336
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
81 500
trade
-
-
-
5 689
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.

-
-
-
13 866
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.

-
-
-
6 894
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.

-
-
-
762
total
-
-
-
27 211
Employee

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

51 174
-
81 500
-
health

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

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

6 894
-
6 894
-
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.

241
-
762
-
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.

4 397
-
13 866
-
total
11 532
-
21 522
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
30 326
81 500
-
-
surtax

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

251
672
-
-
income
4 548
12 225
-
-
trade
4 989
13 407
-
-
chamber of commerce
197
270
-
-
total
9 985
26 574
-
-
Dividends
20 341
54 926
-
-
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.

259
733
-
-
withholding
4 701
13 347
-
-
total
4 960
14 080
-
-
Income
81 500
81 500
81 500
81 500
Total tax
26 477
40 654
21 522
27 211
After tax
55 023
40 846
59 978
54 289
Living cost
39 642
39 642
39 642
39 642
Free-cash
15 381
1 204
20 336
14 647

Estimated living cost  is ₽39642 per week

₽26513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4180
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.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25951
₽22853
₽27449
₽26570
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 500
income
-
-
-
6 528
health
-
-
-
2 078
social contributions
-
-
-
12 714
total
-
-
-
21 320
Employee
77 596
77 596
77 596
-
social contributions
3 771
6 440
6 141
-
health
772
1 319
1 258
-
income
8 148
7 183
7 290
-
total
12 691
14 942
14 689
-
Employer
77 596
77 596
77 596
-
social contributions
3 771
6 440
6 141
-
health
841
1 436
1 369
-
total
4 612
7 876
7 510
-
Corporate
31 467
-
-
-
income
3 933
-
-
-
total
3 933
-
-
-
Dividends
27 534
-
-
-
withholding
4 680
-
-
-
total
4 680
-
-
-
Income
81 500
81 500
81 500
81 500
Total tax
25 916
22 818
22 199
21 320
After tax
55 584
58 682
59 301
60 180
Living cost
32 731
32 731
32 731
32 731
Free-cash
22 853
25 951
26 570
27 449

Estimated living cost  is ₽32731 per week

₽22375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7250
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27650
₽28029
₽38125
₽28911
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 500
income
-
-
-
9 963
pensions
-
-
-
8 150
unemployment
-
-
-
1 222
health
-
-
-
5 705
total
-
-
-
25 040
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.

26 467
10 533
68 201
-
health
1 853
737
4 774
-
income
3 236
1 288
8 338
-
pensions
2 647
1 053
6 820
-
unemployment
397
158
1 023
-
total
8 133
3 236
20 955
-
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.

26 467
10 533
68 201
-
pensions
5 161
2 054
13 299
-
total
5 161
2 054
13 299
-
Corporate
49 872
68 913
-
-
income
4 489
6 202
-
-
total
4 489
6 202
-
-
Dividends
45 384
62 711
-
-
social contributions
8 730
12 108
-
-
withholding
8 623
11 915
-
-
total
17 353
24 023
-
-
Income
81 500
81 500
81 500
81 500
Total tax
35 136
35 515
34 254
25 040
After tax
46 364
45 985
47 246
56 460
Living cost
18 335
18 335
18 335
18 335
Free-cash
28 029
27 650
28 911
38 125

Estimated living cost  is ₽18335 per week

₽12512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40826
₽34556
₽19311
₽22603
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 500
income
-
-
-
10 921
pensions
-
-
-
16 298
health
-
-
-
10 596
total
-
-
-
37 815
Employee
28 627
-
60 914
-
income
3 223
-
11 745
-
pensions
573
-
1 218
-
unemployment
458
-
975
-
total
4 254
-
13 938
-
Employer
28 627
-
60 914
-
unemployment
230
-
486
-
pensions
5 726
-
12 181
-
health
3 721
-
7 918
-
total
9 677
-
20 585
-
Corporate
43 197
81 500
-
-
income
8 639
16 300
-
-
total
8 639
16 300
-
-
Dividends
34 558
65 200
-
-
total
-
-
-
-
Income
81 500
81 500
81 500
81 500
Total tax
22 570
16 300
34 523
37 815
After tax
58 930
65 200
46 977
43 685
Living cost
24 374
24 374
24 374
24 374
Free-cash
34 556
40 826
22 603
19 311

Estimated living cost  is ₽24374 per week

₽16718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
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.
₽5714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15470
₽3216
₽33986
₽18899
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 500
accident
-
-
-
253
income
-
-
-
18 456
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
25 443
Employee
34 719
-
67 702
-
health
3 975
-
7 752
-
income
4 763
-
11 357
-
pensions
3 909
-
7 623
-
total
12 647
-
26 732
-
Employer
34 719
-
67 702
-
accident
580
-
1 130
-
unemployment
851
-
1 659
-
pensions
5 646
-
11 009
-
total
7 077
-
13 798
-
Corporate
39 706
81 500
-
-
income

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

35 735
73 350
-
-
total
35 735
73 350
-
-
Dividends
3 971
8 150
-
-
withholding
754
1 549
-
-
total
754
1 549
-
-
Income
81 500
81 500
81 500
81 500
Total tax
56 213
74 899
40 530
25 443
After tax
25 287
6 601
40 970
56 057
Living cost
22 071
22 071
22 071
22 071
Free-cash
3 216
-15 470
18 899
33 986

Estimated living cost  is ₽22071 per week

₽16176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68346
₽66645
₽71606
₽56121
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
81 500
microenterprise

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

-
-
-
815
total
-
-
-
815
Employee
11 349
-
81 500
-
income
2 269
-
16 300
-
total
2 269
-
16 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

70 151
81 500
-
-
total
-
-
-
-
Dividends
70 151
81 500
-
-
withholding
3 507
4 075
-
-
total
3 507
4 075
-
-
Income
81 500
81 500
81 500
81 500
Total tax
5 776
4 075
16 300
815
After tax
75 724
77 425
65 200
80 685
Living cost
9 079
9 079
9 079
9 079
Free-cash
66 645
68 346
56 121
71 606

Estimated living cost  is ₽9079 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32989
₽26173
₽17239
₽20879
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 500
income
-
-
-
10 351
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.

-
-
-
19 562
other
-
-
-
3 872
health
-
-
-
3 587
total
-
-
-
37 372
Employee
36 640
-
65 094
-
health
513
-
912
-
income
6 308
-
11 205
-
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.

2 564
-
4 558
-
unemployment
366
-
651
-
total
9 751
-
17 326
-
Employer
36 640
-
65 094
-
accident
293
-
521
-
other
1 833
-
3 255
-
unemployment
366
-
651
-
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.

6 229
-
11 067
-
health
513
-
912
-
total
9 234
-
16 406
-
Corporate
35 626
81 500
-
-
income
7 482
17 114
-
-
total
7 482
17 114
-
-
Dividends
28 144
64 386
-
-
withholding
1 971
4 508
-
-
total
1 971
4 508
-
-
Income
81 500
81 500
81 500
81 500
Total tax
28 438
21 622
33 732
37 372
After tax
53 062
59 878
47 768
44 128
Living cost
26 889
26 889
26 889
26 889
Free-cash
26 173
32 989
20 879
17 239

Estimated living cost  is ₽26889 per week

₽18999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1815
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6659
-₽27450
-₽7037
-₽16040
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 500
income
-
-
-
15 171
pensions
-
-
-
5 644
total
-
-
-
20 815
Employee
95 816
-
72 091
-
health
1 579
-
1 093
-
income
17 272
-
12 921
-
pensions
9 244
-
6 396
-
total
28 095
-
20 410
-
Employer
95 816
-
72 091
-
pensions
11 313
-
8 039
-
health
1 820
-
1 369
-
total
13 133
-
9 408
-
Corporate
-
81 500
-
-
income

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

-
15 486
-
-
total
-
15 486
-
-
Dividends
-
66 014
-
-
withholding
-
4 951
-
-
total
-
4 951
-
-
Income
81 500
81 500
81 500
81 500
Total tax
41 228
20 437
29 818
20 815
After tax
40 272
61 063
51 682
60 685
Living cost
67 722
67 722
67 722
67 722
Free-cash
-27 450
-6 659
-16 040
-7 037

Estimated living cost  is ₽67722 per week

₽50745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
₽56444
₽51753
₽46619
₽48775
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 500
income
-
-
-
12 225
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
21 642
Employee
17 531
-
74 580
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
7 458
-
pensions

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

1 539
-
3 097
-
total
4 291
-
12 565
-
Employer
17 531
-
74 580
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
60 529
81 500
-
-
income
6 053
8 150
-
-
total
6 053
8 150
-
-
Dividends
54 476
73 350
-
-
withholding
2 724
3 667
-
-
total
2 724
3 667
-
-
Income
81 500
81 500
81 500
81 500
Total tax
16 508
11 817
19 486
21 642
After tax
64 992
69 683
62 014
59 858
Living cost
13 239
13 239
13 239
13 239
Free-cash
51 753
56 444
48 775
46 619

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26726
-₽28437
-₽9588
-₽32390
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 500
income
-
-
-
12 324
pensions
-
-
-
11 823
health
-
-
-
10 984
total
-
-
-
35 131
Employee
93 558
86 174
86 174
-
health
11 672
11 251
13 227
-
income

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

14 105
14 105
14 105
-
pensions
11 823
11 823
15 511
-
total
37 600
37 179
42 843
-
Employer
93 558
86 174
86 174
-
unemployment
3 368
3 102
3 102
-
pensions
6 511
5 998
5 998
-
health
6 501
5 990
5 990
-
total
16 380
15 090
15 090
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
81 500
81 500
81 500
81 500
Total tax
53 980
52 269
57 933
35 131
After tax
27 520
29 231
23 567
46 369
Living cost
55 957
55 957
55 957
55 957
Free-cash
-28 437
-26 726
-32 390
-9 588

Estimated living cost  is ₽55957 per week

₽41278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31946
₽23323
₽15528
₽17191
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 500
income
-
-
-
7 005
health
-
-
-
11 002
solidarity contribution
-
-
-
-
social contributions
-
-
-
23 798
total
-
-
-
41 805
Employee
35 540
-
60 821
-
social contributions
2 310
-
3 953
-
health
4 798
-
8 211
-
solidarity contribution
-
-
-
-
income
4 265
-
7 299
-
total
11 373
-
19 463
-
Employer
35 540
-
60 821
-
social contributions
8 885
-
15 205
-
health
3 199
-
5 474
-
total
12 084
-
20 679
-
Corporate
33 877
81 500
-
-
income
6 437
15 485
-
-
total
6 437
15 485
-
-
Dividends
27 440
66 015
-
-
withholding
4 116
9 902
-
-
total
4 116
9 902
-
-
Income
81 500
81 500
81 500
81 500
Total tax
34 010
25 387
40 142
41 805
After tax
47 490
56 113
41 358
39 695
Living cost
24 167
24 167
24 167
24 167
Free-cash
23 323
31 946
17 191
15 528

Estimated living cost  is ₽24167 per week

₽16787
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
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.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽902
-₽8183
₽651
-₽3230
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 500
municipal
-
-
-
484
regional
-
-
-
865
national
-
-
-
15 958
social contributions
-
-
-
20 961
total
-
-
-
38 268
Employee
89 684
-
81 500
-
social contributions
30 241
-
27 482
-
regional
846
-
754
-
municipal
475
-
433
-
national
15 540
-
13 480
-
total
47 102
-
42 149
-
Employer
89 684
-
81 500
-
total
-
-
-
-
Corporate
-
81 500
-
-
nationa
-
19 560
-
-
municipal
-
3 179
-
-
total
-
22 739
-
-
Dividends
-
58 761
-
-
withholding
-
15 278
-
-
total
-
15 278
-
-
Income
81 500
81 500
81 500
81 500
Total tax
47 102
38 017
42 149
38 268
After tax
34 398
43 483
39 351
43 232
Living cost
42 581
42 581
42 581
42 581
Free-cash
-8 183
902
-3 230
651

Estimated living cost  is ₽42581 per week

₽29682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28997
₽25853
₽21652
₽20004
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 500
income
-
-
-
13 855
pensions
-
-
-
16 300
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
5 787
surtax
-
-
-
1 408
total
-
-
-
37 580
Employee
33 371
-
67 325
-
other
-
-
-
-
health
852
-
1 718
-
surtax
109
-
1 243
-
income
5 594
-
12 919
-
pensions
2 225
-
4 491
-
unemployment
2 323
-
4 686
-
total
11 103
-
25 057
-
Employer
33 371
-
67 325
-
other
-
-
-
-
unemployment
1 057
-
2 133
-
pensions
4 449
-
8 974
-
health
1 519
-
3 064
-
total
7 025
-
14 171
-
Corporate
41 105
81 500
-
-
income
10 688
21 189
-
-
total
10 688
21 189
-
-
Dividends
30 417
60 311
-
-
withholding
4 563
9 046
-
-
total
4 563
9 046
-
-
Income
81 500
81 500
81 500
81 500
Total tax
33 379
30 235
39 228
37 580
After tax
48 121
51 265
42 272
43 920
Living cost
22 268
22 268
22 268
22 268
Free-cash
25 853
28 997
20 004
21 652

Estimated living cost  is ₽22268 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14797
₽6830
₽14419
₽5416
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 500
income
-
-
-
15 171
pensions
-
-
-
5 644
total
-
-
-
20 815
Employee
64 213
-
72 091
-
health
932
-
1 093
-
income
11 565
-
12 921
-
pensions
5 450
-
6 396
-
total
17 947
-
20 410
-
Employer
64 213
-
72 091
-
pensions
6 951
-
8 039
-
health
1 220
-
1 369
-
total
8 171
-
9 408
-
Corporate
9 116
81 500
-
-
income

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

1 733
15 486
-
-
total
1 733
15 486
-
-
Dividends
7 383
66 014
-
-
withholding
553
4 951
-
-
total
553
4 951
-
-
Income
81 500
81 500
81 500
81 500
Total tax
28 404
20 437
29 818
20 815
After tax
53 096
61 063
51 682
60 685
Living cost
46 266
46 266
46 266
46 266
Free-cash
6 830
14 797
5 416
14 419

Estimated living cost  is ₽46266 per week

₽34662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
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.
₽7651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽38999
-₽16253
-₽7764
-₽11925
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 500
city
-
-
-
858
pensions
-
-
-
7 498
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.

-
-
-
1 630
regional
-
-
-
2 415
health
-
-
-
249
national
-
-
-
348
total
-
-
-
12 998
Employee
89 251
-
72 946
-
city
958
-
784
-
regional
2 923
-
2 039
-
health
202
-
165
-
pensions
7 498
-
6 127
-
unemployment
-
-
-
-
national
422
-
293
-
total
12 003
-
9 408
-
Employer
89 251
-
72 946
-
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.

1 784
-
1 459
-
unemployment
-
-
-
-
pensions
7 498
-
6 127
-
health
202
-
165
-
total
9 484
-
7 751
-
Corporate
-
81 500
-
-
regional
-
17 237
-
-
national
-
6 928
-
-
total
-
24 165
-
-
Dividends
-
57 334
-
-
withholding
-
20 068
-
-
total
-
20 068
-
-
Income
81 500
81 500
81 500
81 500
Total tax
21 487
44 233
17 159
12 998
After tax
60 013
37 267
64 341
68 502
Living cost
76 266
76 266
76 266
76 266
Free-cash
-16 253
-38 999
-11 925
-7 764

Estimated living cost  is ₽76266 per week

₽49595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6844
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5802
₽10561
₽7819
₽13750
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
81 500
trade
-
-
-
5 931
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.

-
-
-
13 866
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.

-
-
-
6 894
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.

-
-
-
762
total
-
-
-
27 453
Employee

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

60 646
-
81 500
-
health

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

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

6 894
-
6 894
-
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.

393
-
762
-
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.

7 131
-
13 866
-
total
14 418
-
21 522
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
20 854
81 500
-
-
surtax

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

172
672
-
-
income
3 127
12 225
-
-
trade
3 577
13 977
-
-
chamber of commerce
182
268
-
-
total
7 058
27 142
-
-
Dividends
13 795
54 357
-
-
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.

169
726
-
-
withholding
3 066
13 206
-
-
total
3 235
13 932
-
-
Income
81 500
81 500
81 500
81 500
Total tax
24 711
41 074
21 522
27 453
After tax
56 789
40 426
59 978
54 047
Living cost
46 228
46 228
46 228
46 228
Free-cash
10 561
-5 802
13 750
7 819

Estimated living cost  is ₽46228 per week

₽33763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6551
₽12511
₽12786
₽13556
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 500
income
-
-
-
4 929
pensions
-
-
-
23 706
other
-
-
-
2 526
health
-
-
-
705
surtax
-
-
-
-
social contributions
-
-
-
2 323
total
-
-
-
34 189
Employee
43 189
-
62 105
-
social contributions
1 231
-
1 769
-
surtax
-
-
-
-
income
2 549
-
5 229
-
pensions
4 883
-
7 026
-
total
8 663
-
14 024
-
Employer
43 189
-
62 105
-
other
1 490
-
2 143
-
social contributions
130
-
186
-
unemployment
1 748
-
2 514
-
pensions
7 095
-
10 205
-
health
3 024
-
4 347
-
total
13 487
-
19 395
-
Corporate
24 824
81 500
-
-
surtax
-
-
-
-
income
6 951
22 821
-
-
total
6 951
22 821
-
-
Dividends
17 873
58 679
-
-
surtax
-
-
-
-
social contributions
3 075
10 092
-
-
withholding
2 288
7 511
-
-
total
5 363
17 603
-
-
Income
81 500
81 500
81 500
81 500
Total tax
34 464
40 424
33 419
34 189
After tax
47 036
41 076
48 081
47 311
Living cost
34 525
34 525
34 525
34 525
Free-cash
12 511
6 551
13 556
12 786

Estimated living cost  is ₽34525 per week

₽21770
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2807
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.
₽9362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9971
₽15576
₽16206
₽16976
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 500
income
-
-
-
4 929
pensions
-
-
-
23 706
other
-
-
-
2 526
health
-
-
-
705
surtax
-
-
-
-
social contributions
-
-
-
2 323
total
-
-
-
34 189
Employee
38 552
-
62 105
-
social contributions
1 099
-
1 769
-
surtax
-
-
-
-
income
1 988
-
5 229
-
pensions
4 360
-
7 026
-
total
7 447
-
14 024
-
Employer
38 552
-
62 105
-
other
1 331
-
2 143
-
social contributions
115
-
186
-
unemployment
1 561
-
2 514
-
pensions
6 335
-
10 205
-
health
2 698
-
4 347
-
total
12 040
-
19 395
-
Corporate
30 909
81 500
-
-
surtax
-
-
-
-
income
8 654
22 821
-
-
total
8 654
22 821
-
-
Dividends
22 255
58 679
-
-
surtax
-
-
-
-
social contributions
3 828
10 092
-
-
withholding
2 850
7 511
-
-
total
6 678
17 603
-
-
Income
81 500
81 500
81 500
81 500
Total tax
34 819
40 424
33 419
34 189
After tax
46 681
41 076
48 081
47 311
Living cost
31 105
31 105
31 105
31 105
Free-cash
15 576
9 971
16 976
16 206

Estimated living cost  is ₽31105 per week

₽18039
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28325
₽28847
₽30941
₽32088
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 500
income
-
-
-
12 225
health
-
-
-
5 689
social contributions
-
-
-
11 247
total
-
-
-
29 161
Employee
34 215
-
81 500
-
social contributions
4 722
-
11 247
-
health
2 388
-
5 689
-
income
5 707
-
11 078
-
total
12 817
-
28 014
-
Employer
34 215
-
81 500
-
total
-
-
-
-
Corporate
47 285
81 500
-
-
income

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

2 365
4 075
-
-
total
2 365
4 075
-
-
Dividends
44 920
77 425
-
-
health
3 135
5 404
-
-
social contributions
6 199
10 684
-
-
withholding
6 739
11 614
-
-
total
16 073
27 702
-
-
Income
81 500
81 500
81 500
81 500
Total tax
31 255
31 777
28 014
29 161
After tax
50 245
49 723
53 486
52 339
Living cost
21 398
21 398
21 398
21 398
Free-cash
28 847
28 325
32 088
30 941

Estimated living cost  is ₽21398 per week

₽14320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10459
₽8894
₽7731
-₽8069
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 500
chamber of commerce
-
-
-
326
income
-
-
-
10 186
pensions
-
-
-
15 077
unemployment
-
-
-
6 189
health
-
-
-
6 235
surtax
-
-
-
199
total
-
-
-
38 212
Employee
50 431
40 215
63 131
-
other
504
402
632
-
health
1 951
1 557
2 444
-
income
5 741
2 966
9 382
-
pensions
5 165
4 117
6 465
-
unemployment
1 513
1 206
1 894
-
total
14 874
10 248
20 817
-
Employer
50 431
40 215
63 131
-
accident
655
523
822
-
other
2 396
1 909
2 999
-
chamber of commerce
201
161
253
-
unemployment
1 513
1 206
1 894
-
surtax
199
199
199
-
pensions
6 329
5 048
7 922
-
payroll
1 513
1 206
1 894
-
health
1 905
1 520
2 386
-
total
14 711
11 772
18 369
-
Corporate
16 358
29 512
59 301
-
income

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

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

4 090
7 378
14 826
-
total
4 090
7 378
14 826
-
Dividends
12 268
22 133
-
-
withholding
3 374
6 086
-
-
total
3 374
6 086
-
-
Income
81 500
81 500
81 500
81 500
Total tax
37 049
35 484
54 012
38 212
After tax
44 451
46 016
27 488
43 288
Living cost
35 557
35 557
35 557
35 557
Free-cash
8 894
10 459
-8 069
7 731

Estimated living cost  is ₽35557 per week

₽23715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
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.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8986
-₽11695
₽3470
-₽3860
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 500
national
-
-
-
25 380
communal

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

-
-
-
4 190
social contributions
-
-
-
11 666
total
-
-
-
41 236
Employee

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

72 183
-
63 122
-
communal

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

3 765
-
3 292
-
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.

3 391
-
2 966
-
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.

5 414
-
4 734
-
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.

628
-
550
-
national
22 192
-
18 647
-
total
35 390
-
30 189
-
Employer

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

72 183
-
63 122
-
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.

938
-
822
-
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.

1 053
-
921
-
surtax
8 185
-
7 158
-
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.

6 396
-
5 592
-
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.

4 439
-
3 884
-
total
21 011
-
18 377
-
Corporate
-
81 500
-
-
surtax
-
326
-
-
income
-
16 300
-
-
total
-
16 626
-
-
Dividends
-
64 874
-
-
withholding

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

-
19 094
-
-
total
-
19 094
-
-
Income
81 500
81 500
81 500
81 500
Total tax
56 401
35 720
48 566
41 236
After tax
25 099
45 780
32 934
40 264
Living cost
36 794
36 794
36 794
36 794
Free-cash
-11 695
8 986
-3 860
3 470

Estimated living cost  is ₽36794 per week

₽23700
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18514
₽10477
₽7006
₽7582
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 500
accident
-
-
-
733
income
-
-
-
13 601
pensions
-
-
-
23 064
other
-
-
-
82
unemployment
-
-
-
571
total
-
-
-
38 051
Employee
50 231
-
61 797
-
other
50
-
61
-
income
10 598
-
13 848
-
pensions
2 361
-
2 905
-
unemployment
779
-
957
-
total
13 788
-
17 771
-
Employer
50 231
-
61 797
-
accident
994
-
1 224
-
other
400
-
496
-
unemployment
2 763
-
3 399
-
pensions
11 854
-
14 585
-
total
16 011
-
19 704
-
Corporate
15 258
81 500
-
-
income

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

2 288
12 225
-
-
total
2 288
12 225
-
-
Dividends
12 969
69 275
-
-
withholding
2 493
14 318
-
-
total
2 493
14 318
-
-
Income
81 500
81 500
81 500
81 500
Total tax
34 580
26 543
37 475
38 051
After tax
46 920
54 957
44 025
43 449
Living cost
36 443
36 443
36 443
36 443
Free-cash
10 477
18 514
7 582
7 006

Estimated living cost  is ₽36443 per week

₽26837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4442
-₽4050
-₽6217
-₽2091
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 500
accident
-
-
-
687
income
-
-
-
5 057
pensions
-
-
-
12 216
health
-
-
-
5 726
surtax
-
-
-
4 041
communal
-
-
-
5 151
total
-
-
-
32 878
Employee
76 419
-
72 802
-
health
3 401
-
3 238
-
surtax
4 684
-
4 462
-
income
7 381
-
6 532
-
pensions
6 113
-
5 823
-
total
21 579
-
20 055
-
Employer
76 419
-
72 802
-
accident
687
-
655
-
pensions
6 113
-
5 823
-
health
2 331
-
2 219
-
total
9 131
-
8 697
-
Corporate
-
81 500
-
-
surtax
-
856
-
-
communal
-
5 502
-
-
income
-
12 225
-
-
total
-
18 583
-
-
Dividends
-
62 917
-
-
income
-
3 083
-
-
withholding
-
9 437
-
-
total
-
12 520
-
-
Income
81 500
81 500
81 500
81 500
Total tax
30 710
31 103
28 752
32 878
After tax
50 790
50 397
52 748
48 622
Living cost
54 839
54 839
54 839
54 839
Free-cash
-4 050
-4 442
-2 091
-6 217

Estimated living cost  is ₽54839 per week

₽41138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
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.
₽9797
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28599
₽25388
₽21254
₽19606
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 500
income
-
-
-
13 855
pensions
-
-
-
16 300
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
5 787
surtax
-
-
-
1 408
total
-
-
-
37 580
Employee
33 983
-
67 325
-
other
-
-
-
-
health
867
-
1 718
-
surtax
121
-
1 243
-
income
5 697
-
12 919
-
pensions
2 267
-
4 491
-
unemployment
2 365
-
4 686
-
total
11 317
-
25 057
-
Employer
33 983
-
67 325
-
other
-
-
-
-
unemployment
1 078
-
2 133
-
pensions
4 531
-
8 974
-
health
1 545
-
3 064
-
total
7 154
-
14 171
-
Corporate
40 362
81 500
-
-
income
10 494
21 189
-
-
total
10 494
21 189
-
-
Dividends
29 868
60 311
-
-
withholding
4 481
9 046
-
-
total
4 481
9 046
-
-
Income
81 500
81 500
81 500
81 500
Total tax
33 446
30 235
39 228
37 580
After tax
48 054
51 265
42 272
43 920
Living cost
22 666
22 666
22 666
22 666
Free-cash
25 388
28 599
19 606
21 254

Estimated living cost  is ₽22666 per week

₽13684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15655
₽13415
₽15686
₽11826
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 500
municipal
-
-
-
484
regional
-
-
-
1 228
national
-
-
-
15 958
social contributions
-
-
-
20 961
total
-
-
-
38 631
Employee
55 977
-
81 500
-
social contributions
18 876
-
27 482
-
regional
754
-
1 096
-
municipal
297
-
433
-
national
8 868
-
13 480
-
total
28 795
-
42 491
-
Employer
55 977
-
81 500
-
total
-
-
-
-
Corporate
25 523
81 500
-
-
nationa
6 126
19 560
-
-
municipal
1 268
4 050
-
-
total
7 394
23 610
-
-
Dividends
18 129
57 890
-
-
withholding
4 713
15 052
-
-
total
4 713
15 052
-
-
Income
81 500
81 500
81 500
81 500
Total tax
40 902
38 662
42 491
38 631
After tax
40 598
42 838
39 009
42 869
Living cost
27 183
27 183
27 183
27 183
Free-cash
13 415
15 655
11 826
15 686

Estimated living cost  is ₽27183 per week

₽16906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26333
₽15709
₽9915
₽11578
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 500
income
-
-
-
7 005
health
-
-
-
11 002
solidarity contribution
-
-
-
-
social contributions
-
-
-
23 798
total
-
-
-
41 805
Employee
43 794
-
60 821
-
social contributions
2 847
-
3 953
-
health
5 912
-
8 211
-
solidarity contribution
-
-
-
-
income
5 255
-
7 299
-
total
14 014
-
19 463
-
Employer
43 794
-
60 821
-
social contributions
10 949
-
15 205
-
health
3 941
-
5 474
-
total
14 890
-
20 679
-
Corporate
22 816
81 500
-
-
income
4 335
15 485
-
-
total
4 335
15 485
-
-
Dividends
18 481
66 015
-
-
withholding
2 772
9 902
-
-
total
2 772
9 902
-
-
Income
81 500
81 500
81 500
81 500
Total tax
36 011
25 387
40 142
41 805
After tax
45 489
56 113
41 358
39 695
Living cost
29 780
29 780
29 780
29 780
Free-cash
15 709
26 333
11 578
9 915

Estimated living cost  is ₽29780 per week

₽22146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13929
₽13428
₽11293
-₽4657
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 500
chamber of commerce
-
-
-
326
income
-
-
-
10 186
pensions
-
-
-
15 077
unemployment
-
-
-
6 189
health
-
-
-
6 235
surtax
-
-
-
-
total
-
-
-
38 013
Employee
44 111
40 215
63 287
-
other
440
402
632
-
health
1 706
1 557
2 449
-
income
3 930
2 966
9 426
-
pensions
4 517
4 117
6 480
-
unemployment
1 323
1 206
1 898
-
total
11 916
10 248
20 885
-
Employer
44 111
40 215
63 287
-
accident
573
523
823
-
other
2 095
1 909
3 007
-
chamber of commerce
176
161
253
-
unemployment
1 323
1 206
1 898
-
surtax
-
-
-
-
pensions
5 536
5 048
7 943
-
payroll
1 323
1 206
1 898
-
health
1 668
1 520
2 392
-
total
12 694
11 573
18 214
-
Corporate
24 694
29 711
59 457
-
income

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

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

6 174
7 428
14 864
-
total
6 174
7 428
14 864
-
Dividends
18 520
22 283
-
-
withholding
5 094
6 128
-
-
total
5 094
6 128
-
-
Income
81 500
81 500
81 500
81 500
Total tax
35 878
35 377
53 963
38 013
After tax
45 622
46 123
27 537
43 487
Living cost
32 194
32 194
32 194
32 194
Free-cash
13 428
13 929
-4 657
11 293

Estimated living cost  is ₽32194 per week

₽19313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63276
₽60624
₽66536
₽51051
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
81 500
microenterprise

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

-
-
-
815
total
-
-
-
815
Employee
17 686
-
81 500
-
income
3 537
-
16 300
-
total
3 537
-
16 300
-
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%.

63 814
81 500
-
-
total
-
-
-
-
Dividends
63 814
81 500
-
-
withholding
3 190
4 075
-
-
total
3 190
4 075
-
-
Income
81 500
81 500
81 500
81 500
Total tax
6 727
4 075
16 300
815
After tax
74 773
77 425
65 200
80 685
Living cost
14 149
14 149
14 149
14 149
Free-cash
60 624
63 276
51 051
66 536

Estimated living cost  is ₽14149 per week

₽9574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29046
₽20605
₽15950
₽13613
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
81 500
income
-
-
-
15 457
pensions
-
-
-
14 883
unemployment
-
-
-
123
health
-
-
-
8 020
total
-
-
-
38 483
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.

44 623
-
70 519
-
health
2 882
-
4 556
-
income
7 695
-
14 253
-
pensions
6 917
-
10 931
-
unemployment
63
-
100
-
total
17 557
-
29 840
-
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.

44 623
-
70 519
-
unemployment
27
-
42
-
pensions
3 949
-
6 241
-
health
2 972
-
4 697
-
total
6 948
-
10 980
-
Corporate
29 929
81 500
-
-
income
5 686
15 485
-
-
total
5 686
15 485
-
-
Dividends
24 243
66 015
-
-
withholding
3 637
9 902
-
-
total
3 637
9 902
-
-
Income
81 500
81 500
81 500
81 500
Total tax
33 828
25 387
40 820
38 483
After tax
47 672
56 113
40 680
43 017
Living cost
27 067
27 067
27 067
27 067
Free-cash
20 605
29 046
13 613
15 950

Estimated living cost  is ₽27067 per week

₽18575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6020
-₽69043
₽12758
₽24652
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 500
income
-
-
-
15 886
social contributions
-
-
-
9 291
total
-
-
-
25 177
Employee
62 466
-
-
-
social contributions
5 122
-
730
-
income
13 779
-
-
-
total
18 901
-
730
-
Employer
62 466
-
-
-
social contributions
88 077
-
12 553
-
total
88 077
-
12 553
-
Corporate
-
81 500
-
-
income
-
17 930
-
-
total
-
17 930
-
-
Dividends
-
63 570
-
-
income
-
13 985
-
-
total
-
13 985
-
-
Income
81 500
81 500
81 500
81 500
Total tax
106 978
31 915
13 283
25 177
After tax
-25 478
49 585
68 217
56 323
Living cost
43 565
43 565
43 565
43 565
Free-cash
-69 043
6 020
24 652
12 758

Estimated living cost  is ₽43565 per week

₽28267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10646
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14705
₽13687
₽14457
₽11034
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
81 500
income
-
-
-
7 069
surtax
-
-
-
-
social contributions

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

-
-
-
28 321
total
-
-
-
35 390
Employee
46 411
-
65 858
-
social contributions
5 105
-
7 244
-
surtax
-
-
-
-
income
9 654
-
15 927
-
total
14 759
-
23 171
-
Employer
46 411
-
65 858
-
social contributions
11 023
-
15 642
-
total
11 023
-
15 642
-
Corporate
24 066
81 500
-
-
surtax
-
-
-
-
income
5 054
17 114
-
-
total
5 054
17 114
-
-
Dividends
19 012
64 386
-
-
withholding
5 324
18 028
-
-
total
5 324
18 028
-
-
Income
81 500
81 500
81 500
81 500
Total tax
36 160
35 142
38 813
35 390
After tax
45 340
46 358
42 687
46 110
Living cost
31 653
31 653
31 653
31 653
Free-cash
13 687
14 705
11 034
14 457

Estimated living cost  is ₽31653 per week

₽23683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7663
-₽1443
-₽1428
-₽658
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 500
income
-
-
-
4 929
pensions
-
-
-
23 706
other
-
-
-
2 526
health
-
-
-
705
surtax
-
-
-
-
social contributions
-
-
-
2 323
total
-
-
-
34 189
Employee
63 203
-
62 105
-
social contributions
1 800
-
1 769
-
surtax
-
-
-
-
income
5 515
-
5 229
-
pensions
7 149
-
7 026
-
total
14 464
-
14 024
-
Employer
63 203
-
62 105
-
other
2 181
-
2 143
-
social contributions
190
-
186
-
unemployment
2 560
-
2 514
-
pensions
10 385
-
10 205
-
health
4 424
-
4 347
-
total
19 740
-
19 395
-
Corporate
-
81 500
-
-
surtax
-
-
-
-
income
-
22 821
-
-
total
-
22 821
-
-
Dividends
-
58 679
-
-
surtax
-
-
-
-
social contributions
-
10 092
-
-
withholding
-
7 511
-
-
total
-
17 603
-
-
Income
81 500
81 500
81 500
81 500
Total tax
34 204
40 424
33 419
34 189
After tax
47 296
41 076
48 081
47 311
Living cost
48 739
48 739
48 739
48 739
Free-cash
-1 443
-7 663
-658
-1 428

Estimated living cost  is ₽48739 per week

₽32986
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43016
₽39626
₽32355
₽34642
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 500
income
-
-
-
881
social contributions
-
-
-
17 930
total
-
-
-
18 811
Employee
32 442
-
70 564
-
income
-
-
1 002
-
social contributions
2 108
-
4 586
-
total
2 108
-
5 588
-
Employer
32 442
-
70 564
-
social contributions
5 029
-
10 936
-
total
5 029
-
10 936
-
Corporate
44 029
81 500
-
-
income
4 403
8 150
-
-
total
4 403
8 150
-
-
Dividends
39 627
73 350
-
-
total
-
-
-
-
Income
81 500
81 500
81 500
81 500
Total tax
11 540
8 150
16 524
18 811
After tax
69 960
73 350
64 976
62 689
Living cost
30 334
30 334
30 334
30 334
Free-cash
39 626
43 016
34 642
32 355

Estimated living cost  is ₽30334 per week

₽19613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2286
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽138458
-₽138458
₽2768
-₽138458
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 500
municipal
-
-
-
14 440
pensions
-
-
-
875
national
-
-
-
8 347
labour market
-
-
-
6 450
total
-
-
-
30 112
Employee
205 213
205 213
205 213
-
labour market
16 394
16 394
16 394
-
national
25 070
25 070
25 070
-
municipal
43 699
43 699
43 699
-
pensions
292
292
292
-
total
85 455
85 455
85 455
-
Employer
205 213
205 213
205 213
-
labour market
16 417
16 417
16 417
-
municipal
43 769
43 769
43 769
-
pensions
583
583
583
-
national
25 114
25 114
25 114
-
total
85 883
85 883
85 883
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
81 500
81 500
81 500
81 500
Total tax
171 338
171 338
171 338
30 112
After tax
-89 838
-89 838
-89 838
51 388
Living cost
48 620
48 620
48 620
48 620
Free-cash
-138 458
-138 458
-138 458
2 768

Estimated living cost  is ₽48620 per week

₽33276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15144
₽3267
₽34312
₽19225
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 500
accident
-
-
-
253
income
-
-
-
18 456
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
25 443
Employee
34 207
-
67 702
-
health
3 917
-
7 752
-
income
4 693
-
11 357
-
pensions
3 852
-
7 623
-
total
12 462
-
26 732
-
Employer
34 207
-
67 702
-
accident
571
-
1 130
-
unemployment
838
-
1 659
-
pensions
5 562
-
11 009
-
total
6 971
-
13 798
-
Corporate
40 322
81 500
-
-
income

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

36 289
73 350
-
-
total
36 289
73 350
-
-
Dividends
4 032
8 150
-
-
withholding
766
1 549
-
-
total
766
1 549
-
-
Income
81 500
81 500
81 500
81 500
Total tax
56 488
74 899
40 530
25 443
After tax
25 012
6 601
40 970
56 057
Living cost
21 745
21 745
21 745
21 745
Free-cash
3 267
-15 144
19 225
34 312

Estimated living cost  is ₽21745 per week

₽15828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16744
₽12725
₽21200
₽9287
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
81 500
municipal
-
-
-
14 519
health
-
-
-
833
national
-
-
-
6 205
total
-
-
-
21 557
Employee
53 092
-
68 560
-
health
396
-
634
-
municipal
8 696
-
11 208
-
pensions
3 583
-
4 629
-
unemployment
797
-
1 028
-
national
877
-
3 031
-
total
14 349
-
20 530
-
Employer
53 092
-
68 560
-
accident
54
-
69
-
unemployment
345
-
446
-
pensions
9 211
-
11 896
-
health
408
-
529
-
total
10 018
-
12 940
-
Corporate
18 391
81 500
-
-
income
3 679
16 300
-
-
total
3 679
16 300
-
-
Dividends

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

11 034
48 900
-
-
national
-
912
-
-
municipal
1 986
8 801
-
-
total
1 986
9 713
-
-
Income
81 500
81 500
81 500
81 500
Total tax
30 032
26 013
33 470
21 557
After tax
51 468
55 487
48 030
59 943
Living cost
38 743
38 743
38 743
38 743
Free-cash
12 725
16 744
9 287
21 200

Estimated living cost  is ₽38743 per week

₽25307
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35318
₽30914
₽36816
₽35937
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 500
income
-
-
-
6 528
health
-
-
-
2 078
social contributions
-
-
-
12 714
total
-
-
-
21 320
Employee
77 596
77 596
77 596
-
social contributions
2 934
6 440
6 141
-
health
601
1 319
1 258
-
income
8 449
7 183
7 290
-
total
11 984
14 942
14 689
-
Employer
77 596
77 596
77 596
-
social contributions
2 934
6 440
6 141
-
health
653
1 436
1 369
-
total
3 587
7 876
7 510
-
Corporate
42 565
-
-
-
income
5 320
-
-
-
total
5 320
-
-
-
Dividends
37 246
-
-
-
withholding
6 331
-
-
-
total
6 331
-
-
-
Income
81 500
81 500
81 500
81 500
Total tax
27 222
22 818
22 199
21 320
After tax
54 278
58 682
59 301
60 180
Living cost
23 364
23 364
23 364
23 364
Free-cash
30 914
35 318
35 937
36 816

Estimated living cost  is ₽23364 per week

₽14002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
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.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51468
₽46333
₽47881
₽34312
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
81 500
income
-
-
-
7 497
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
17 597
Employee

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

23 163
-
73 890
-
health
1 969
-
6 281
-
income
1 584
-
5 820
-
pensions
3 474
-
11 084
-
unemployment
115
-
370
-
total
7 142
-
23 555
-
Employer

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

23 163
-
73 890
-
unemployment
115
-
370
-
pensions
1 273
-
4 064
-
health
996
-
3 177
-
total
2 384
-
7 611
-
Corporate
55 953
81 500
-
-
income
5 036
7 334
-
-
total
5 036
7 334
-
-
Dividends
50 917
74 166
-
-
withholding
4 583
6 676
-
-
total
4 583
6 676
-
-
Income
81 500
81 500
81 500
81 500
Total tax
19 145
14 010
31 166
17 597
After tax
62 355
67 490
50 334
63 903
Living cost
16 022
16 022
16 022
16 022
Free-cash
46 333
51 468
34 312
47 881

Estimated living cost  is ₽16022 per week

₽10222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
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.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27207
₽21915
₽15699
₽16275
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 500
accident
-
-
-
733
income
-
-
-
13 601
pensions
-
-
-
23 064
other
-
-
-
82
unemployment
-
-
-
571
total
-
-
-
38 051
Employee
37 313
-
61 797
-
other
36
-
61
-
income
7 194
-
13 848
-
pensions
1 754
-
2 905
-
unemployment
578
-
957
-
total
9 562
-
17 771
-
Employer
37 313
-
61 797
-
accident
739
-
1 224
-
other
299
-
496
-
unemployment
2 053
-
3 399
-
pensions
8 805
-
14 585
-
total
11 896
-
19 704
-
Corporate
32 291
81 500
-
-
income

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

4 843
12 225
-
-
total
4 843
12 225
-
-
Dividends
27 448
69 275
-
-
withholding
5 534
14 318
-
-
total
5 534
14 318
-
-
Income
81 500
81 500
81 500
81 500
Total tax
31 835
26 543
37 475
38 051
After tax
49 665
54 957
44 025
43 449
Living cost
27 750
27 750
27 750
27 750
Free-cash
21 915
27 207
16 275
15 699

Estimated living cost  is ₽27750 per week

₽18730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
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.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48100
₽47646
₽48600
₽48403
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 500
income
-
-
-
26 676
pensions
-
-
-
2 010
health
-
-
-
1 458
total
-
-
-
30 144
Employee
4 198
-
79 238
-
health
210
-
503
-
income
812
-
26 570
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
28 079
-
Employer
4 198
-
79 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
76 358
81 500
-
-
income
16 799
17 930
-
-
total
16 799
17 930
-
-
Dividends
59 559
63 570
-
-
withholding
11 912
12 714
-
-
total
11 912
12 714
-
-
Income
81 500
81 500
81 500
81 500
Total tax
31 098
30 644
30 341
30 144
After tax
50 402
50 856
51 159
51 356
Living cost
2 756
2 756
2 756
2 756
Free-cash
47 646
48 100
48 403
48 600

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41431
₽36466
₽23314
₽24656
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
81 500
income
-
-
-
12 540
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
40 733
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.

26 319
-
69 126
-
health
1 355
-
3 560
-
income
3 628
-
13 262
-
pensions
3 685
-
9 678
-
unemployment
197
-
518
-
total
8 865
-
27 018
-
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.

26 319
-
69 126
-
unemployment
197
-
518
-
pensions
3 158
-
8 295
-
health
1 355
-
3 560
-
total
4 710
-
12 373
-
Corporate
50 470
81 500
-
-
income
7 571
12 225
-
-
total
7 571
12 225
-
-
Dividends
42 900
69 275
-
-
withholding
6 435
10 391
-
-
total
6 435
10 391
-
-
Income
81 500
81 500
81 500
81 500
Total tax
27 581
22 616
39 391
40 733
After tax
53 919
58 884
42 109
40 767
Living cost
17 453
17 453
17 453
17 453
Free-cash
36 466
41 431
24 656
23 314

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19153
₽18788
₽18905
₽15482
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
81 500
income
-
-
-
7 069
surtax
-
-
-
-
social contributions

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

-
-
-
28 321
total
-
-
-
35 390
Employee
39 166
-
65 858
-
social contributions
4 309
-
7 244
-
surtax
-
-
-
-
income
7 653
-
15 927
-
total
11 962
-
23 171
-
Employer
39 166
-
65 858
-
social contributions
9 301
-
15 642
-
total
9 301
-
15 642
-
Corporate
33 033
81 500
-
-
surtax
-
-
-
-
income
6 936
17 114
-
-
total
6 936
17 114
-
-
Dividends
26 097
64 386
-
-
withholding
7 308
18 028
-
-
total
7 308
18 028
-
-
Income
81 500
81 500
81 500
81 500
Total tax
35 507
35 142
38 813
35 390
After tax
45 993
46 358
42 687
46 110
Living cost
27 205
27 205
27 205
27 205
Free-cash
18 788
19 153
15 482
18 905

Estimated living cost  is ₽27205 per week

₽19269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19492
₽11796
₽7984
₽8560
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 500
accident
-
-
-
733
income
-
-
-
13 601
pensions
-
-
-
23 064
other
-
-
-
82
unemployment
-
-
-
571
total
-
-
-
38 051
Employee
48 736
-
61 797
-
other
48
-
61
-
income
10 179
-
13 848
-
pensions
2 290
-
2 905
-
unemployment
755
-
957
-
total
13 272
-
17 771
-
Employer
48 736
-
61 797
-
accident
965
-
1 224
-
other
391
-
496
-
unemployment
2 681
-
3 399
-
pensions
11 501
-
14 585
-
total
15 538
-
19 704
-
Corporate
17 226
81 500
-
-
income

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

2 583
12 225
-
-
total
2 583
12 225
-
-
Dividends
14 643
69 275
-
-
withholding
2 846
14 318
-
-
total
2 846
14 318
-
-
Income
81 500
81 500
81 500
81 500
Total tax
34 239
26 543
37 475
38 051
After tax
47 261
54 957
44 025
43 449
Living cost
35 465
35 465
35 465
35 465
Free-cash
11 796
19 492
8 560
7 984

Estimated living cost  is ₽35465 per week

₽25469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52312
₽46157
₽42487
₽44643
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 500
income
-
-
-
12 225
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
21 642
Employee
23 001
-
74 580
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
7 458
-
pensions

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

2 019
-
3 097
-
total
5 630
-
12 565
-
Employer
23 001
-
74 580
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
53 986
81 500
-
-
income
5 399
8 150
-
-
total
5 399
8 150
-
-
Dividends
48 587
73 350
-
-
withholding
2 430
3 667
-
-
total
2 430
3 667
-
-
Income
81 500
81 500
81 500
81 500
Total tax
17 972
11 817
19 486
21 642
After tax
63 528
69 683
62 014
59 858
Living cost
17 371
17 371
17 371
17 371
Free-cash
46 157
52 312
44 643
42 487

Estimated living cost  is ₽17371 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3143
₽16342
₽16057
₽21019
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
81 500
trade
-
-
-
4 962
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.

-
-
-
13 866
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.

-
-
-
6 894
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.

-
-
-
762
total
-
-
-
26 484
Employee

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

50 210
-
81 500
-
health

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

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

6 894
-
6 894
-
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.

228
-
762
-
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.

4 129
-
13 866
-
total
11 251
-
21 522
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
31 290
81 500
-
-
surtax

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

259
672
-
-
income
4 694
12 225
-
-
trade
4 491
11 695
-
-
chamber of commerce
199
272
-
-
total
9 643
24 864
-
-
Dividends
21 648
56 636
-
-
surtax

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

276
758
-
-
withholding
5 029
13 776
-
-
total
5 305
14 534
-
-
Income
81 500
81 500
81 500
81 500
Total tax
26 199
39 398
21 522
26 484
After tax
55 301
42 102
59 978
55 016
Living cost
38 959
38 959
38 959
38 959
Free-cash
16 342
3 143
21 019
16 057

Estimated living cost  is ₽38959 per week

₽26875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
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.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽435
₽1795
₽1257
₽1257
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 500
income
-
-
-
15 921
social contributions
-
-
-
6 838
total
-
-
-
22 759
Employee
78 935
-
81 500
-
income
14 895
-
15 921
-
social contributions
6 558
-
6 838
-
total
21 453
-
22 759
-
Employer
78 935
-
81 500
-
total
-
-
-
-
Corporate
2 565
81 500
-
-
income
320
10 188
-
-
total
320
10 188
-
-
Dividends
2 245
71 312
-
-
withholding
448
14 263
-
-
total
448
14 263
-
-
Income
81 500
81 500
81 500
81 500
Total tax
22 221
24 451
22 759
22 759
After tax
59 279
57 049
58 741
58 741
Living cost
57 484
57 484
57 484
57 484
Free-cash
1 795
-435
1 257
1 257

Estimated living cost  is ₽57484 per week

₽43733
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11012
₽16859
₽9403
₽22921
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
81 500
income
-
-
-
28 725
health

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

-
-
-
6 741
total
-
-
-
35 466
Employee
46 292
-
76 858
-
income
5 023
-
12 664
-
social contributions
4 638
-
4 642
-
total
9 661
-
17 306
-
Employer
46 292
-
76 858
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
30 570
81 500
-
-
income
10 699
28 526
-
-
total
10 699
28 526
-
-
Dividends
19 871
52 974
-
-
social contributions
3 012
5 331
-
-
total
3 012
5 331
-
-
Income
81 500
81 500
81 500
81 500
Total tax
28 010
33 857
21 948
35 466
After tax
53 490
47 643
59 552
46 034
Living cost
36 631
36 631
36 631
36 631
Free-cash
16 859
11 012
22 921
9 403

Estimated living cost  is ₽36631 per week

₽24129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23450
₽17738
₽23072
₽14069
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 500
income
-
-
-
15 171
pensions
-
-
-
5 644
total
-
-
-
20 815
Employee
51 629
-
72 091
-
health
673
-
1 093
-
income
9 402
-
12 921
-
pensions
3 941
-
6 396
-
total
14 016
-
20 410
-
Employer
51 629
-
72 091
-
pensions
5 216
-
8 039
-
health
981
-
1 369
-
total
6 197
-
9 408
-
Corporate
23 674
81 500
-
-
income

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

4 498
15 486
-
-
total
4 498
15 486
-
-
Dividends
19 176
66 014
-
-
withholding
1 438
4 951
-
-
total
1 438
4 951
-
-
Income
81 500
81 500
81 500
81 500
Total tax
26 149
20 437
29 818
20 815
After tax
55 351
61 063
51 682
60 685
Living cost
37 613
37 613
37 613
37 613
Free-cash
17 738
23 450
14 069
23 072

Estimated living cost  is ₽37613 per week

₽25802
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽17297
₽2937
₽32159
₽17072
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 500
accident
-
-
-
253
income
-
-
-
18 456
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
25 443
Employee
37 593
-
67 702
-
health
4 304
-
7 752
-
income
5 157
-
11 357
-
pensions
4 233
-
7 623
-
total
13 694
-
26 732
-
Employer
37 593
-
67 702
-
accident
628
-
1 130
-
unemployment
921
-
1 659
-
pensions
6 112
-
11 009
-
total
7 661
-
13 798
-
Corporate
36 246
81 500
-
-
income

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

32 621
73 350
-
-
total
32 621
73 350
-
-
Dividends
3 625
8 150
-
-
withholding
689
1 549
-
-
total
689
1 549
-
-
Income
81 500
81 500
81 500
81 500
Total tax
54 665
74 899
40 530
25 443
After tax
26 835
6 601
40 970
56 057
Living cost
23 898
23 898
23 898
23 898
Free-cash
2 937
-17 297
17 072
32 159

Estimated living cost  is ₽23898 per week

₽17539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55644
₽50737
₽33475
₽33698
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
81 500
work injury
-
-
-
408
health insurance
-
-
-
6 031
income
-
-
-
11 981
pensions
-
-
-
14 996
unemployment
-
-
-
978
total
-
-
-
34 394
Employee

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

21 810
-
81 500
-
work injury
109
-
403
-
income
2 181
-
11 981
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
34 171
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
59 690
81 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
59 690
81 500
-
-
withholding
8 953
12 225
-
-
total
8 953
12 225
-
-
Income
81 500
81 500
81 500
81 500
Total tax
17 132
12 225
34 171
34 394
After tax
64 368
69 275
47 329
47 106
Living cost
13 631
13 631
13 631
13 631
Free-cash
50 737
55 644
33 698
33 475

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2729
-₽3535
₽2386
-₽1341
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
81 500
municipal
-
-
-
546
regional
-
-
-
1 448
national
-
-
-
15 958
social contributions
-
-
-
20 961
total
-
-
-
38 913
Employee
85 034
-
81 500
-
social contributions
28 673
-
27 482
-
regional
1 284
-
1 192
-
municipal
507
-
486
-
national
14 370
-
13 480
-
total
44 834
-
42 640
-
Employer
85 034
-
81 500
-
total
-
-
-
-
Corporate
-
81 500
-
-
nationa
-
19 560
-
-
municipal
-
3 928
-
-
total
-
23 488
-
-
Dividends
-
58 013
-
-
withholding
-
15 082
-
-
total
-
15 082
-
-
Income
81 500
81 500
81 500
81 500
Total tax
44 834
38 570
42 640
38 913
After tax
36 666
42 930
38 860
42 587
Living cost
40 201
40 201
40 201
40 201
Free-cash
-3 535
2 729
-1 341
2 386

Estimated living cost  is ₽40201 per week

₽28238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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