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
₽ 82500
per

Your estimated
City
free-cash

Dresden , Germany
₽11344
₽22453
₽24510
₽30148
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
82 500
trade
-
-
-
5 638
income

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

-
-
-
14 282
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.

-
-
-
6 862
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.

-
-
-
785
total
-
-
-
27 567
Employee

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

38 418
-
82 500
-
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.

6 862
-
6 862
-
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
-
785
-
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.

1 073
-
14 282
-
total
7 994
-
21 929
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
44 082
82 500
-
-
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.

364
680
-
-
income
6 612
12 374
-
-
trade
6 942
12 994
-
-
chamber of commerce
215
271
-
-
total
14 133
26 319
-
-
Dividends
29 949
56 181
-
-
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.

391
751
-
-
withholding
7 106
13 663
-
-
total
7 497
14 414
-
-
Income
82 500
82 500
82 500
82 500
Total tax
29 624
40 733
21 929
27 567
After tax
52 876
41 767
60 571
54 933
Living cost
30 423
30 423
30 423
30 423
Free-cash
22 453
11 344
30 148
24 510

Estimated living cost  is ₽30423 per week

₽19137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7171
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽797
-₽3198
-₽323
₽325
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
82 500
municipal
-
-
-
8 375
pensions
-
-
-
9 900
national
-
-
-
12 978
social contributions
-
-
-
887
total
-
-
-
32 140
Employee
78 568
-
71 321
-
municipal
9 704
-
8 694
-
pensions
3 143
-
2 853
-
national
15 038
-
13 472
-
total
27 885
-
25 019
-
Employer
78 568
-
71 321
-
social contributions
845
-
767
-
pensions
6 285
-
5 706
-
total
7 130
-
6 473
-
Corporate
-
82 500
-
-
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%.

-
16 500
-
-
total
-
16 500
-
-
Dividends
-
66 000
-
-
withholding
-
14 520
-
-
total
-
14 520
-
-
Income
82 500
82 500
82 500
82 500
Total tax
35 015
31 020
31 492
32 140
After tax
47 485
51 480
51 008
50 360
Living cost
50 683
50 683
50 683
50 683
Free-cash
-3 198
797
325
-323

Estimated living cost  is ₽50683 per week

₽34449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽759
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45104
₽36863
₽23350
₽25808
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
82 500
microenterprise
-
-
-
-
income
-
-
-
11 730
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.

-
-
-
26 523
total
-
-
-
38 253
Employee
29 350
-
66 483
-
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.

3 229
-
7 314
-
surtax
-
-
-
-
income
5 225
-
12 466
-
total
8 454
-
19 780
-
Employer
29 350
-
66 483
-
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.

7 070
-
16 015
-
surtax
-
-
-
-
total
7 070
-
16 015
-
Corporate
46 080
82 500
-
-
income

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

9 216
16 499
-
-
total
9 216
16 499
-
-
Dividends

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

36 864
66 001
-
-
total
-
-
-
-
Income
82 500
82 500
82 500
82 500
Total tax
24 740
16 499
35 795
38 253
After tax
57 760
66 001
46 705
44 247
Living cost
20 897
20 897
20 897
20 897
Free-cash
36 863
45 104
25 808
23 350

Estimated living cost  is ₽20897 per week

₽13331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1990
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.
₽5101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11603
-₽17241
₽4852
-₽17241
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
82 500
income
-
-
-
12 791
pensions
-
-
-
11 768
health
-
-
-
11 012
total
-
-
-
35 571
Employee
85 775
85 775
85 775
-
health
13 165
11 198
13 165
-
income

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

14 040
14 040
14 040
-
pensions
15 439
11 768
15 439
-
total
42 644
37 006
42 644
-
Employer
85 775
85 775
85 775
-
unemployment
3 088
3 088
3 088
-
pensions
5 970
5 970
5 970
-
health
5 962
5 962
5 962
-
total
15 020
15 020
15 020
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
82 500
82 500
82 500
82 500
Total tax
57 664
52 026
57 664
35 571
After tax
24 836
30 474
24 836
46 929
Living cost
42 077
42 077
42 077
42 077
Free-cash
-17 241
-11 603
-17 241
4 852

Estimated living cost  is ₽42077 per week

₽29819
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽669
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽6084
₽5210
₽2165
₽5094
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
82 500
municipal
-
-
-
17 475
accident
-
-
-
165
pensions
-
-
-
8 918
other
-
-
-
9 586
unemployment
-
-
-
82
health
-
-
-
5 148
national
-
-
-
-
total
-
-
-
41 374
Employee
55 516
-
62 776
-
municipal
16 555
-
18 720
-
national
-
-
-
-
total
16 555
-
18 720
-
Employer
55 516
-
62 776
-
accident
111
-
126
-
other
6 451
-
7 295
-
unemployment
1 466
-
1 657
-
pensions
6 001
-
6 786
-
health
3 414
-
3 861
-
total
17 443
-
19 725
-
Corporate
9 541
82 500
-
-
income
2 099
18 150
-
-
total
2 099
18 150
-
-
Dividends
7 442
64 350
-
-
withholding
2 232
19 305
-
-
total
2 232
19 305
-
-
Income
82 500
82 500
82 500
82 500
Total tax
38 329
37 455
38 445
41 374
After tax
44 171
45 045
44 055
41 126
Living cost
38 961
38 961
38 961
38 961
Free-cash
5 210
6 084
5 094
2 165

Estimated living cost  is ₽38961 per week

₽25822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3823
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.
₽8725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1885
₽15995
₽15223
₽21113
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
82 500
trade
-
-
-
5 890
income

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

-
-
-
14 282
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.

-
-
-
6 862
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.

-
-
-
785
total
-
-
-
27 819
Employee

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

50 937
-
82 500
-
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.

6 862
-
6 862
-
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.

240
-
785
-
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.

4 376
-
14 282
-
total
11 478
-
21 929
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
31 563
82 500
-
-
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.

261
680
-
-
income
4 735
12 374
-
-
trade
5 192
13 571
-
-
chamber of commerce
198
271
-
-
total
10 386
26 896
-
-
Dividends
21 177
55 603
-
-
surtax

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

271
743
-
-
withholding
4 912
13 518
-
-
total
5 183
14 261
-
-
Income
82 500
82 500
82 500
82 500
Total tax
27 047
41 157
21 929
27 819
After tax
55 453
41 343
60 571
54 681
Living cost
39 458
39 458
39 458
39 458
Free-cash
15 995
1 885
21 113
15 223

Estimated living cost  is ₽39458 per week

₽26390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8318
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27208
₽23749
₽28169
₽27612
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
82 500
income
-
-
-
6 778
health
-
-
-
2 104
social contributions
-
-
-
12 870
total
-
-
-
21 752
Employee
77 236
77 236
77 236
-
social contributions
3 753
6 410
6 216
-
health
768
1 313
1 273
-
income
8 110
7 150
7 218
-
total
12 631
14 873
14 707
-
Employer
77 236
77 236
77 236
-
social contributions
3 753
6 410
6 216
-
health
837
1 430
1 386
-
total
4 590
7 840
7 602
-
Corporate
32 700
-
-
-
income
4 087
-
-
-
total
4 087
-
-
-
Dividends
28 613
-
-
-
withholding
4 864
-
-
-
total
4 864
-
-
-
Income
82 500
82 500
82 500
82 500
Total tax
26 172
22 713
22 309
21 752
After tax
56 328
59 787
60 191
60 748
Living cost
32 579
32 579
32 579
32 579
Free-cash
23 749
27 208
27 612
28 169

Estimated living cost  is ₽32579 per week

₽22271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7217
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28310
₽28691
₽38920
₽29593
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
82 500
income
-
-
-
10 086
pensions
-
-
-
8 250
unemployment
-
-
-
1 237
health
-
-
-
5 775
total
-
-
-
25 348
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.

26 319
10 475
69 038
-
health
1 842
733
4 833
-
income
3 217
1 281
8 440
-
pensions
2 632
1 047
6 904
-
unemployment
395
157
1 036
-
total
8 086
3 218
21 213
-
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.

26 319
10 475
69 038
-
pensions
5 132
2 043
13 462
-
total
5 132
2 043
13 462
-
Corporate
51 049
69 983
-
-
income
4 594
6 298
-
-
total
4 594
6 298
-
-
Dividends
46 454
63 684
-
-
social contributions
8 939
12 299
-
-
withholding
8 826
12 100
-
-
total
17 765
24 399
-
-
Income
82 500
82 500
82 500
82 500
Total tax
35 577
35 958
34 675
25 348
After tax
46 923
46 542
47 825
57 152
Living cost
18 232
18 232
18 232
18 232
Free-cash
28 691
28 310
29 593
38 920

Estimated living cost  is ₽18232 per week

₽12442
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3934
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41740
₽35498
₽19959
₽23290
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
82 500
income
-
-
-
11 055
pensions
-
-
-
16 499
health
-
-
-
10 726
total
-
-
-
38 280
Employee
28 494
-
61 659
-
income
3 208
-
11 888
-
pensions
570
-
1 233
-
unemployment
456
-
987
-
total
4 234
-
14 108
-
Employer
28 494
-
61 659
-
unemployment
229
-
494
-
pensions
5 699
-
12 332
-
health
3 704
-
8 015
-
total
9 632
-
20 841
-
Corporate
44 374
82 500
-
-
income
8 875
16 499
-
-
total
8 875
16 499
-
-
Dividends
35 499
66 001
-
-
total
-
-
-
-
Income
82 500
82 500
82 500
82 500
Total tax
22 741
16 499
34 949
38 280
After tax
59 759
66 001
47 551
44 220
Living cost
24 261
24 261
24 261
24 261
Free-cash
35 498
41 740
23 290
19 959

Estimated living cost  is ₽24261 per week

₽16640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15361
₽3301
₽34693
₽19467
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
82 500
accident
-
-
-
253
income
-
-
-
18 785
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
25 763
Employee
34 676
-
68 633
-
health
3 970
-
7 858
-
income
4 757
-
11 620
-
pensions
3 905
-
7 645
-
total
12 632
-
27 123
-
Employer
34 676
-
68 633
-
accident
579
-
1 146
-
unemployment
850
-
1 681
-
pensions
5 639
-
11 039
-
total
7 068
-
13 866
-
Corporate
40 757
82 500
-
-
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.

36 681
74 250
-
-
total
36 681
74 250
-
-
Dividends
4 076
8 250
-
-
withholding
774
1 567
-
-
total
774
1 567
-
-
Income
82 500
82 500
82 500
82 500
Total tax
57 155
75 817
40 989
25 763
After tax
25 345
6 683
41 511
56 737
Living cost
22 044
22 044
22 044
22 044
Free-cash
3 301
-15 361
19 467
34 693

Estimated living cost  is ₽22044 per week

₽16156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69275
₽67569
₽72575
₽56900
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
82 500
microenterprise

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

-
-
-
825
total
-
-
-
825
Employee
11 374
-
82 500
-
income
2 275
-
16 500
-
total
2 275
-
16 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

71 126
82 500
-
-
total
-
-
-
-
Dividends
71 126
82 500
-
-
withholding
3 556
4 125
-
-
total
3 556
4 125
-
-
Income
82 500
82 500
82 500
82 500
Total tax
5 831
4 125
16 500
825
After tax
76 669
78 375
66 000
81 675
Living cost
9 100
9 100
9 100
9 100
Free-cash
67 569
69 275
56 900
72 575

Estimated living cost  is ₽9100 per week

₽5639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽756
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.
₽2454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33848
₽27063
₽17909
₽21590
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
82 500
income
-
-
-
10 478
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.

-
-
-
19 801
other
-
-
-
3 919
health
-
-
-
3 629
total
-
-
-
37 827
Employee
36 470
-
65 894
-
health
511
-
923
-
income
6 279
-
11 343
-
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.

2 552
-
4 613
-
unemployment
364
-
660
-
total
9 706
-
17 539
-
Employer
36 470
-
65 894
-
accident
292
-
528
-
other
1 824
-
3 294
-
unemployment
364
-
660
-
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.

6 201
-
11 202
-
health
511
-
923
-
total
9 192
-
16 607
-
Corporate
36 839
82 500
-
-
income
7 737
17 325
-
-
total
7 737
17 325
-
-
Dividends
29 102
65 175
-
-
withholding
2 038
4 563
-
-
total
2 038
4 563
-
-
Income
82 500
82 500
82 500
82 500
Total tax
28 673
21 888
34 146
37 827
After tax
53 827
60 612
48 354
44 673
Living cost
26 764
26 764
26 764
26 764
Free-cash
27 063
33 848
21 590
17 909

Estimated living cost  is ₽26764 per week

₽18910
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5615
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5287
-₽25450
-₽5700
-₽14852
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
82 500
income
-
-
-
15 350
pensions
-
-
-
5 749
total
-
-
-
21 099
Employee
94 938
-
72 941
-
health
1 564
-
1 114
-
income
17 114
-
13 061
-
pensions
9 159
-
6 518
-
total
27 837
-
20 693
-
Employer
94 938
-
72 941
-
pensions
11 209
-
8 173
-
health
1 803
-
1 385
-
total
13 012
-
9 558
-
Corporate
-
82 500
-
-
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.

-
15 675
-
-
total
-
15 675
-
-
Dividends
-
66 825
-
-
withholding
-
5 011
-
-
total
-
5 011
-
-
Income
82 500
82 500
82 500
82 500
Total tax
40 849
20 686
30 251
21 099
After tax
41 651
61 814
52 249
61 401
Living cost
67 101
67 101
67 101
67 101
Free-cash
-25 450
-5 287
-14 852
-5 700

Estimated living cost  is ₽67101 per week

₽50280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽57369
₽52705
₽47591
₽49807
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
82 500
income
-
-
-
12 375
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
21 741
Employee
17 436
-
75 617
-
health
802
-
1 614
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
income
1 743
-
7 562
-
pensions

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

1 531
-
3 080
-
total
4 268
-
12 642
-
Employer
17 436
-
75 617
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
unemployment
104
-
210
-
pensions

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

1 922
-
3 866
-
health
1 203
-
2 421
-
total
3 421
-
6 883
-
Corporate
61 643
82 500
-
-
income
6 164
8 250
-
-
total
6 164
8 250
-
-
Dividends
55 479
74 250
-
-
withholding
2 774
3 713
-
-
total
2 774
3 713
-
-
Income
82 500
82 500
82 500
82 500
Total tax
16 627
11 963
19 525
21 741
After tax
65 873
70 537
62 975
60 759
Living cost
13 168
13 168
13 168
13 168
Free-cash
52 705
57 369
49 807
47 591

Estimated living cost  is ₽13168 per week

₽7687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽25223
-₽26928
-₽8768
-₽30861
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
82 500
income
-
-
-
12 791
pensions
-
-
-
11 768
health
-
-
-
11 012
total
-
-
-
35 571
Employee
93 124
85 775
85 775
-
health
11 618
11 198
13 165
-
income

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

14 040
14 040
14 040
-
pensions
11 768
11 768
15 439
-
total
37 426
37 006
42 644
-
Employer
93 124
85 775
85 775
-
unemployment
3 353
3 088
3 088
-
pensions
6 481
5 970
5 970
-
health
6 471
5 962
5 962
-
total
16 305
15 020
15 020
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
82 500
82 500
82 500
82 500
Total tax
53 731
52 026
57 664
35 571
After tax
28 769
30 474
24 836
46 929
Living cost
55 697
55 697
55 697
55 697
Free-cash
-26 928
-25 223
-30 861
-8 768

Estimated living cost  is ₽55697 per week

₽41086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32781
₽24211
₽16161
₽17845
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
82 500
income
-
-
-
7 091
health
-
-
-
11 138
solidarity contribution
-
-
-
-
social contributions
-
-
-
24 090
total
-
-
-
42 319
Employee
35 324
-
61 567
-
social contributions
2 296
-
4 002
-
health
4 769
-
8 312
-
solidarity contribution
-
-
-
-
income
4 239
-
7 388
-
total
11 304
-
19 702
-
Employer
35 324
-
61 567
-
social contributions
8 831
-
15 392
-
health
3 179
-
5 541
-
total
12 010
-
20 933
-
Corporate
35 166
82 500
-
-
income
6 682
15 675
-
-
total
6 682
15 675
-
-
Dividends
28 484
66 825
-
-
withholding
4 273
10 024
-
-
total
4 273
10 024
-
-
Income
82 500
82 500
82 500
82 500
Total tax
34 269
25 699
40 635
42 319
After tax
48 231
56 801
41 865
40 181
Living cost
24 020
24 020
24 020
24 020
Free-cash
24 211
32 781
17 845
16 161

Estimated living cost  is ₽24020 per week

₽16685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1631
-₽6768
₽1256
-₽2670
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
82 500
municipal
-
-
-
490
regional
-
-
-
879
national
-
-
-
16 272
social contributions
-
-
-
21 219
total
-
-
-
38 860
Employee
89 268
-
82 500
-
social contributions
30 101
-
27 820
-
regional
842
-
766
-
municipal
473
-
436
-
national
15 468
-
13 764
-
total
46 884
-
42 786
-
Employer
89 268
-
82 500
-
total
-
-
-
-
Corporate
-
82 500
-
-
nationa
-
19 801
-
-
municipal
-
3 218
-
-
total
-
23 019
-
-
Dividends
-
59 482
-
-
withholding
-
15 466
-
-
total
-
15 466
-
-
Income
82 500
82 500
82 500
82 500
Total tax
46 884
38 485
42 786
38 860
After tax
35 616
44 015
39 714
43 640
Living cost
42 384
42 384
42 384
42 384
Free-cash
-6 768
1 631
-2 670
1 256

Estimated living cost  is ₽42384 per week

₽29545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽650
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9409
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29730
₽26601
₽22123
₽20543
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
82 500
income
-
-
-
14 162
pensions
-
-
-
16 499
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
5 857
surtax
-
-
-
1 466
total
-
-
-
38 213
Employee
33 216
-
68 155
-
other
-
-
-
-
health
848
-
1 738
-
surtax
109
-
1 285
-
income
5 568
-
13 135
-
pensions
2 215
-
4 546
-
unemployment
2 312
-
4 744
-
total
11 052
-
25 448
-
Employer
33 216
-
68 155
-
other
-
-
-
-
unemployment
1 052
-
2 160
-
pensions
4 428
-
9 084
-
health
1 512
-
3 101
-
total
6 992
-
14 345
-
Corporate
42 292
82 500
-
-
income
10 996
21 449
-
-
total
10 996
21 449
-
-
Dividends
31 296
61 051
-
-
withholding
4 695
9 157
-
-
total
4 695
9 157
-
-
Income
82 500
82 500
82 500
82 500
Total tax
33 735
30 606
39 793
38 213
After tax
48 765
51 894
42 707
44 287
Living cost
22 164
22 164
22 164
22 164
Free-cash
26 601
29 730
20 543
22 123

Estimated living cost  is ₽22164 per week

₽13552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15972
₽8077
₽15559
₽6407
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
82 500
income
-
-
-
15 350
pensions
-
-
-
5 749
total
-
-
-
21 099
Employee
63 625
-
72 941
-
health
924
-
1 114
-
income
11 459
-
13 061
-
pensions
5 400
-
6 518
-
total
17 783
-
20 693
-
Employer
63 625
-
72 941
-
pensions
6 887
-
8 173
-
health
1 209
-
1 385
-
total
8 096
-
9 558
-
Corporate
10 779
82 500
-
-
income

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

2 048
15 675
-
-
total
2 048
15 675
-
-
Dividends
8 731
66 825
-
-
withholding
654
5 011
-
-
total
654
5 011
-
-
Income
82 500
82 500
82 500
82 500
Total tax
28 581
20 686
30 251
21 099
After tax
53 919
61 814
52 249
61 401
Living cost
45 842
45 842
45 842
45 842
Free-cash
8 077
15 972
6 407
15 559

Estimated living cost  is ₽45842 per week

₽34344
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽38670
-₽15416
-₽7073
-₽11286
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
82 500
city
-
-
-
869
pensions
-
-
-
7 591
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.

-
-
-
1 650
regional
-
-
-
2 466
health
-
-
-
249
national
-
-
-
354
total
-
-
-
13 179
Employee
89 401
-
73 841
-
city
959
-
793
-
regional
2 927
-
2 084
-
health
202
-
167
-
pensions
7 511
-
6 202
-
unemployment
-
-
-
-
national
423
-
300
-
total
12 022
-
9 546
-
Employer
89 401
-
73 841
-
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.

1 787
-
1 477
-
unemployment
-
-
-
-
pensions
7 511
-
6 202
-
health
202
-
167
-
total
9 500
-
7 846
-
Corporate
-
82 500
-
-
regional
-
17 449
-
-
national
-
7 013
-
-
total
-
24 462
-
-
Dividends
-
58 039
-
-
withholding
-
20 314
-
-
total
-
20 314
-
-
Income
82 500
82 500
82 500
82 500
Total tax
21 522
44 776
17 392
13 179
After tax
60 978
37 724
65 108
69 321
Living cost
76 394
76 394
76 394
76 394
Free-cash
-15 416
-38 670
-11 286
-7 073

Estimated living cost  is ₽76394 per week

₽49678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽938
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18922
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5097
₽11191
₽8417
₽14557
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
82 500
trade
-
-
-
6 140
income

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

-
-
-
14 282
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.

-
-
-
6 862
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.

-
-
-
785
total
-
-
-
28 069
Employee

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

60 365
-
82 500
-
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.

6 862
-
6 862
-
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.

391
-
785
-
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.

7 098
-
14 282
-
total
14 351
-
21 929
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
22 135
82 500
-
-
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.

183
680
-
-
income
3 320
12 374
-
-
trade
3 797
14 149
-
-
chamber of commerce
183
269
-
-
total
7 483
27 472
-
-
Dividends
14 652
55 027
-
-
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.

181
736
-
-
withholding
3 280
13 375
-
-
total
3 461
14 111
-
-
Income
82 500
82 500
82 500
82 500
Total tax
25 295
41 583
21 929
28 069
After tax
57 205
40 917
60 571
54 431
Living cost
46 014
46 014
46 014
46 014
Free-cash
11 191
-5 097
14 557
8 417

Estimated living cost  is ₽46014 per week

₽33607
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7215
₽13147
₽13532
₽14118
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
82 500
income
-
-
-
5 268
pensions
-
-
-
23 712
other
-
-
-
2 558
health
-
-
-
713
surtax
-
-
-
-
social contributions
-
-
-
2 352
total
-
-
-
34 603
Employee
42 988
-
62 863
-
social contributions
1 226
-
1 792
-
surtax
-
-
-
-
income
2 537
-
5 476
-
pensions
4 861
-
7 112
-
total
8 624
-
14 380
-
Employer
42 988
-
62 863
-
other
1 483
-
2 169
-
social contributions
130
-
189
-
unemployment
1 740
-
2 547
-
pensions
7 062
-
10 331
-
health
3 010
-
4 401
-
total
13 425
-
19 637
-
Corporate
26 087
82 500
-
-
surtax
-
-
-
-
income
7 304
23 100
-
-
total
7 304
23 100
-
-
Dividends
18 783
59 400
-
-
surtax
-
-
-
-
social contributions
3 231
10 217
-
-
withholding
2 404
7 603
-
-
total
5 635
17 820
-
-
Income
82 500
82 500
82 500
82 500
Total tax
34 988
40 920
34 017
34 603
After tax
47 512
41 580
48 483
47 897
Living cost
34 365
34 365
34 365
34 365
Free-cash
13 147
7 215
14 118
13 532

Estimated living cost  is ₽34365 per week

₽21669
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10620
₽16199
₽16937
₽17523
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
82 500
income
-
-
-
5 268
pensions
-
-
-
23 712
other
-
-
-
2 558
health
-
-
-
713
surtax
-
-
-
-
social contributions
-
-
-
2 352
total
-
-
-
34 603
Employee
38 373
-
62 863
-
social contributions
1 094
-
1 792
-
surtax
-
-
-
-
income
1 979
-
5 476
-
pensions
4 340
-
7 112
-
total
7 413
-
14 380
-
Employer
38 373
-
62 863
-
other
1 325
-
2 169
-
social contributions
114
-
189
-
unemployment
1 553
-
2 547
-
pensions
6 305
-
10 331
-
health
2 686
-
4 401
-
total
11 983
-
19 637
-
Corporate
32 143
82 500
-
-
surtax
-
-
-
-
income
9 001
23 100
-
-
total
9 001
23 100
-
-
Dividends
23 143
59 400
-
-
surtax
-
-
-
-
social contributions
3 982
10 217
-
-
withholding
2 962
7 603
-
-
total
6 944
17 820
-
-
Income
82 500
82 500
82 500
82 500
Total tax
35 341
40 920
34 017
34 603
After tax
47 159
41 580
48 483
47 897
Living cost
30 960
30 960
30 960
30 960
Free-cash
16 199
10 620
17 523
16 937

Estimated living cost  is ₽30960 per week

₽17956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29033
₽29554
₽31684
₽32755
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
82 500
income
-
-
-
12 374
health
-
-
-
5 758
social contributions
-
-
-
11 385
total
-
-
-
29 517
Employee
34 056
-
82 500
-
social contributions
4 700
-
11 385
-
health
2 377
-
5 758
-
income
5 680
-
11 303
-
total
12 757
-
28 446
-
Employer
34 056
-
82 500
-
total
-
-
-
-
Corporate
48 444
82 500
-
-
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%.

2 423
4 125
-
-
total
2 423
4 125
-
-
Dividends
46 021
78 375
-
-
health
3 212
5 471
-
-
social contributions
6 351
10 815
-
-
withholding
6 904
11 757
-
-
total
16 467
28 043
-
-
Income
82 500
82 500
82 500
82 500
Total tax
31 647
32 168
28 446
29 517
After tax
50 853
50 332
54 054
52 983
Living cost
21 299
21 299
21 299
21 299
Free-cash
29 554
29 033
32 755
31 684

Estimated living cost  is ₽21299 per week

₽14254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1313
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.
₽5240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11158
₽9601
₽8351
-₽7728
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
82 500
chamber of commerce
-
-
-
330
income
-
-
-
10 495
pensions
-
-
-
15 262
unemployment
-
-
-
6 161
health
-
-
-
6 311
surtax
-
-
-
198
total
-
-
-
38 757
Employee
50 197
40 028
63 908
-
other
501
400
639
-
health
1 942
1 550
2 474
-
income
5 715
2 953
9 645
-
pensions
5 141
4 098
6 544
-
unemployment
1 506
1 201
1 918
-
total
14 805
10 202
21 220
-
Employer
50 197
40 028
63 908
-
accident
652
520
831
-
other
2 385
1 900
3 036
-
chamber of commerce
200
160
255
-
unemployment
1 506
1 201
1 918
-
surtax
198
198
198
-
pensions
6 300
5 024
8 021
-
payroll
1 506
1 201
1 918
-
health
1 897
1 513
2 415
-
total
14 644
11 717
18 592
-
Corporate
17 660
30 753
60 096
-
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.

4 415
7 687
15 024
-
total
4 415
7 687
15 024
-
Dividends
13 246
23 066
-
-
withholding
3 643
6 344
-
-
total
3 643
6 344
-
-
Income
82 500
82 500
82 500
82 500
Total tax
37 507
35 950
54 836
38 757
After tax
44 993
46 550
27 664
43 743
Living cost
35 392
35 392
35 392
35 392
Free-cash
9 601
11 158
-7 728
8 351

Estimated living cost  is ₽35392 per week

₽23605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9712
-₽10262
₽3988
-₽3387
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
82 500
national
-
-
-
25 752
communal

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

-
-
-
4 235
social contributions
-
-
-
11 902
total
-
-
-
41 889
Employee

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

71 848
-
63 898
-
communal

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

3 747
-
3 332
-
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.

3 376
-
3 004
-
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.

5 389
-
4 792
-
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.

625
-
557
-
national
22 089
-
18 978
-
total
35 226
-
30 663
-
Employer

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

71 848
-
63 898
-
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.

934
-
831
-
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.

1 048
-
932
-
surtax
8 147
-
7 247
-
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.

6 366
-
5 661
-
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.

4 418
-
3 930
-
total
20 913
-
18 601
-
Corporate
-
82 500
-
-
surtax
-
330
-
-
income
-
16 499
-
-
total
-
16 829
-
-
Dividends
-
65 671
-
-
withholding

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

-
19 336
-
-
total
-
19 336
-
-
Income
82 500
82 500
82 500
82 500
Total tax
56 139
36 165
49 264
41 889
After tax
26 361
46 335
33 236
40 611
Living cost
36 623
36 623
36 623
36 623
Free-cash
-10 262
9 712
-3 387
3 988

Estimated living cost  is ₽36623 per week

₽23590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
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.
₽9258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19354
₽11350
₽7647
₽8232
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
82 500
accident
-
-
-
743
income
-
-
-
13 828
pensions
-
-
-
23 348
other
-
-
-
82
unemployment
-
-
-
578
total
-
-
-
38 579
Employee
49 998
-
62 556
-
other
50
-
63
-
income
10 549
-
14 078
-
pensions
2 350
-
2 939
-
unemployment
776
-
970
-
total
13 725
-
18 050
-
Employer
49 998
-
62 556
-
accident
989
-
1 239
-
other
398
-
501
-
unemployment
2 751
-
3 441
-
pensions
11 799
-
14 763
-
total
15 937
-
19 944
-
Corporate
16 565
82 500
-
-
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.

2 486
12 374
-
-
total
2 486
12 374
-
-
Dividends
14 079
70 126
-
-
withholding
2 728
14 498
-
-
total
2 728
14 498
-
-
Income
82 500
82 500
82 500
82 500
Total tax
34 876
26 872
37 994
38 579
After tax
47 624
55 628
44 506
43 921
Living cost
36 274
36 274
36 274
36 274
Free-cash
11 350
19 354
8 232
7 647

Estimated living cost  is ₽36274 per week

₽26712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3606
-₽2651
-₽5510
-₽1365
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
82 500
accident
-
-
-
696
income
-
-
-
5 260
pensions
-
-
-
12 367
health
-
-
-
5 798
surtax
-
-
-
4 091
communal
-
-
-
5 213
total
-
-
-
33 425
Employee
76 065
-
73 692
-
health
3 385
-
3 280
-
surtax
4 662
-
4 516
-
income
7 347
-
6 780
-
pensions
6 084
-
5 896
-
total
21 478
-
20 472
-
Employer
76 065
-
73 692
-
accident
684
-
663
-
pensions
6 084
-
5 896
-
health
2 320
-
2 249
-
total
9 088
-
8 808
-
Corporate
-
82 500
-
-
surtax
-
865
-
-
communal
-
5 570
-
-
income
-
12 374
-
-
total
-
18 809
-
-
Dividends
-
63 691
-
-
income
-
3 159
-
-
withholding
-
9 553
-
-
total
-
12 712
-
-
Income
82 500
82 500
82 500
82 500
Total tax
30 566
31 521
29 280
33 425
After tax
51 934
50 979
53 220
49 075
Living cost
54 585
54 585
54 585
54 585
Free-cash
-2 651
-3 606
-1 365
-5 510

Estimated living cost  is ₽54585 per week

₽40947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29333
₽26136
₽21726
₽20146
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
82 500
income
-
-
-
14 162
pensions
-
-
-
16 499
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
5 857
surtax
-
-
-
1 466
total
-
-
-
38 213
Employee
33 826
-
68 155
-
other
-
-
-
-
health
863
-
1 738
-
surtax
120
-
1 285
-
income
5 671
-
13 135
-
pensions
2 257
-
4 546
-
unemployment
2 354
-
4 744
-
total
11 265
-
25 448
-
Employer
33 826
-
68 155
-
other
-
-
-
-
unemployment
1 073
-
2 160
-
pensions
4 510
-
9 084
-
health
1 538
-
3 101
-
total
7 121
-
14 345
-
Corporate
41 553
82 500
-
-
income
10 804
21 449
-
-
total
10 804
21 449
-
-
Dividends
30 749
61 051
-
-
withholding
4 613
9 157
-
-
total
4 613
9 157
-
-
Income
82 500
82 500
82 500
82 500
Total tax
33 803
30 606
39 793
38 213
After tax
48 697
51 894
42 707
44 287
Living cost
22 561
22 561
22 561
22 561
Free-cash
26 136
29 333
20 146
21 726

Estimated living cost  is ₽22561 per week

₽13621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1961
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16307
₽14080
₽16218
₽12313
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
82 500
municipal
-
-
-
490
regional
-
-
-
1 244
national
-
-
-
16 272
social contributions
-
-
-
21 219
total
-
-
-
39 225
Employee
55 717
-
82 500
-
social contributions
18 788
-
27 820
-
regional
750
-
1 110
-
municipal
295
-
436
-
national
8 827
-
13 764
-
total
28 660
-
43 130
-
Employer
55 717
-
82 500
-
total
-
-
-
-
Corporate
26 783
82 500
-
-
nationa
6 427
19 801
-
-
municipal
1 330
4 100
-
-
total
7 757
23 901
-
-
Dividends
19 025
58 599
-
-
withholding
4 946
15 235
-
-
total
4 946
15 235
-
-
Income
82 500
82 500
82 500
82 500
Total tax
41 363
39 136
43 130
39 225
After tax
41 137
43 364
39 370
43 275
Living cost
27 057
27 057
27 057
27 057
Free-cash
14 080
16 307
12 313
16 218

Estimated living cost  is ₽27057 per week

₽16827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27202
₽16643
₽10582
₽12266
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
82 500
income
-
-
-
7 091
health
-
-
-
11 138
solidarity contribution
-
-
-
-
social contributions
-
-
-
24 090
total
-
-
-
42 319
Employee
43 528
-
61 567
-
social contributions
2 829
-
4 002
-
health
5 876
-
8 312
-
solidarity contribution
-
-
-
-
income
5 223
-
7 388
-
total
13 928
-
19 702
-
Employer
43 528
-
61 567
-
social contributions
10 882
-
15 392
-
health
3 918
-
5 541
-
total
14 800
-
20 933
-
Corporate
24 172
82 500
-
-
income
4 593
15 675
-
-
total
4 593
15 675
-
-
Dividends
19 579
66 825
-
-
withholding
2 937
10 024
-
-
total
2 937
10 024
-
-
Income
82 500
82 500
82 500
82 500
Total tax
36 258
25 699
40 635
42 319
After tax
46 242
56 801
41 865
40 181
Living cost
29 599
29 599
29 599
29 599
Free-cash
16 643
27 202
12 266
10 582

Estimated living cost  is ₽29599 per week

₽22012
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14613
₽14115
₽11896
-₽4333
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
82 500
chamber of commerce
-
-
-
330
income
-
-
-
10 495
pensions
-
-
-
15 262
unemployment
-
-
-
6 161
health
-
-
-
6 311
surtax
-
-
-
-
total
-
-
-
38 559
Employee
43 907
40 028
64 064
-
other
438
400
640
-
health
1 698
1 550
2 480
-
income
3 911
2 953
9 689
-
pensions
4 497
4 098
6 561
-
unemployment
1 317
1 201
1 921
-
total
11 861
10 202
21 291
-
Employer
43 907
40 028
64 064
-
accident
570
520
833
-
other
2 085
1 900
3 044
-
chamber of commerce
175
160
255
-
unemployment
1 317
1 201
1 921
-
surtax
-
-
-
-
pensions
5 511
5 024
8 040
-
payroll
1 317
1 201
1 921
-
health
1 660
1 513
2 421
-
total
12 635
11 519
18 435
-
Corporate
25 958
30 951
60 252
-
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.

6 490
7 737
15 062
-
total
6 490
7 737
15 062
-
Dividends
19 467
23 214
-
-
withholding
5 354
6 384
-
-
total
5 354
6 384
-
-
Income
82 500
82 500
82 500
82 500
Total tax
36 340
35 842
54 788
38 559
After tax
46 160
46 658
27 712
43 941
Living cost
32 045
32 045
32 045
32 045
Free-cash
14 115
14 613
-4 333
11 896

Estimated living cost  is ₽32045 per week

₽19223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64195
₽61536
₽67495
₽51820
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
82 500
microenterprise

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

-
-
-
825
total
-
-
-
825
Employee
17 726
-
82 500
-
income
3 545
-
16 500
-
total
3 545
-
16 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

64 774
82 500
-
-
total
-
-
-
-
Dividends
64 774
82 500
-
-
withholding
3 239
4 125
-
-
total
3 239
4 125
-
-
Income
82 500
82 500
82 500
82 500
Total tax
6 784
4 125
16 500
825
After tax
75 716
78 375
66 000
81 675
Living cost
14 180
14 180
14 180
14 180
Free-cash
61 536
64 195
51 820
67 495

Estimated living cost  is ₽14180 per week

₽9596
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29859
₽21458
₽16530
₽14168
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
82 500
income
-
-
-
15 721
pensions
-
-
-
15 066
unemployment
-
-
-
124
health
-
-
-
8 118
total
-
-
-
39 029
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.

44 416
-
71 386
-
health
2 869
-
4 611
-
income
7 660
-
14 503
-
pensions
6 885
-
11 065
-
unemployment
63
-
99
-
total
17 477
-
30 278
-
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.

44 416
-
71 386
-
unemployment
27
-
42
-
pensions
3 930
-
6 317
-
health
2 958
-
4 754
-
total
6 915
-
11 113
-
Corporate
31 168
82 500
-
-
income
5 922
15 676
-
-
total
5 922
15 676
-
-
Dividends
25 246
66 824
-
-
withholding
3 787
10 024
-
-
total
3 787
10 024
-
-
Income
82 500
82 500
82 500
82 500
Total tax
34 101
25 700
41 391
39 029
After tax
48 399
56 800
41 109
43 471
Living cost
26 941
26 941
26 941
26 941
Free-cash
21 458
29 859
14 168
16 530

Estimated living cost  is ₽26941 per week

₽18489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6629
-₽68041
₽13450
₽25654
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
82 500
income
-
-
-
16 081
social contributions
-
-
-
9 405
total
-
-
-
25 486
Employee
62 465
-
-
-
social contributions
5 122
-
730
-
income
13 779
-
-
-
total
18 901
-
730
-
Employer
62 465
-
-
-
social contributions
88 076
-
12 552
-
total
88 076
-
12 552
-
Corporate
-
82 500
-
-
income
-
18 150
-
-
total
-
18 150
-
-
Dividends
-
64 350
-
-
income
-
14 157
-
-
total
-
14 157
-
-
Income
82 500
82 500
82 500
82 500
Total tax
106 977
32 307
13 282
25 486
After tax
-24 477
50 193
69 218
57 014
Living cost
43 564
43 564
43 564
43 564
Free-cash
-68 041
6 629
25 654
13 450

Estimated living cost  is ₽43564 per week

₽28266
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
₽15420
₽14407
₽15132
₽11608
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
82 500
income
-
-
-
7 194
surtax
-
-
-
-
social contributions

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

-
-
-
28 668
total
-
-
-
35 862
Employee
46 196
-
66 666
-
social contributions
5 082
-
7 333
-
surtax
-
-
-
-
income
9 609
-
16 219
-
total
14 691
-
23 552
-
Employer
46 196
-
66 666
-
social contributions
10 972
-
15 834
-
total
10 972
-
15 834
-
Corporate
25 332
82 500
-
-
surtax
-
-
-
-
income
5 320
17 325
-
-
total
5 320
17 325
-
-
Dividends
20 012
65 175
-
-
withholding
5 604
18 249
-
-
total
5 604
18 249
-
-
Income
82 500
82 500
82 500
82 500
Total tax
36 587
35 574
39 386
35 862
After tax
45 913
46 926
43 114
46 638
Living cost
31 506
31 506
31 506
31 506
Free-cash
14 407
15 420
11 608
15 132

Estimated living cost  is ₽31506 per week

₽23573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1858
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6933
-₽57
-₽616
-₽30
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
82 500
income
-
-
-
5 268
pensions
-
-
-
23 712
other
-
-
-
2 558
health
-
-
-
713
surtax
-
-
-
-
social contributions
-
-
-
2 352
total
-
-
-
34 603
Employee
62 910
-
62 863
-
social contributions
1 792
-
1 792
-
surtax
-
-
-
-
income
5 489
-
5 476
-
pensions
7 115
-
7 112
-
total
14 396
-
14 380
-
Employer
62 910
-
62 863
-
other
2 171
-
2 169
-
social contributions
189
-
189
-
unemployment
2 548
-
2 547
-
pensions
10 337
-
10 331
-
health
4 403
-
4 401
-
total
19 648
-
19 637
-
Corporate
-
82 500
-
-
surtax
-
-
-
-
income
-
23 100
-
-
total
-
23 100
-
-
Dividends
-
59 400
-
-
surtax
-
-
-
-
social contributions
-
10 217
-
-
withholding
-
7 603
-
-
total
-
17 820
-
-
Income
82 500
82 500
82 500
82 500
Total tax
34 044
40 920
34 017
34 603
After tax
48 456
41 580
48 483
47 897
Living cost
48 513
48 513
48 513
48 513
Free-cash
-57
-6 933
-30
-616

Estimated living cost  is ₽48513 per week

₽32833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3969
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽665
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44057
₽40684
₽33227
₽35541
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
82 500
income
-
-
-
930
social contributions
-
-
-
18 150
total
-
-
-
19 080
Employee
32 292
-
71 429
-
income
-
-
1 052
-
social contributions
2 099
-
4 643
-
total
2 099
-
5 695
-
Employer
32 292
-
71 429
-
social contributions
5 005
-
11 071
-
total
5 005
-
11 071
-
Corporate
45 203
82 500
-
-
income
4 519
8 250
-
-
total
4 519
8 250
-
-
Dividends
40 684
74 250
-
-
total
-
-
-
-
Income
82 500
82 500
82 500
82 500
Total tax
11 623
8 250
16 766
19 080
After tax
70 877
74 250
65 734
63 420
Living cost
30 193
30 193
30 193
30 193
Free-cash
40 684
44 057
35 541
33 227

Estimated living cost  is ₽30193 per week

₽19522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2276
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽136345
-₽136345
₽3580
-₽136345
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
82 500
municipal
-
-
-
14 669
pensions
-
-
-
871
national
-
-
-
8 476
labour market
-
-
-
6 530
total
-
-
-
30 546
Employee
204 176
204 176
204 176
-
labour market
16 311
16 311
16 311
-
national
24 944
24 944
24 944
-
municipal
43 478
43 478
43 478
-
pensions
290
290
290
-
total
85 023
85 023
85 023
-
Employer
204 176
204 176
204 176
-
labour market
16 334
16 334
16 334
-
municipal
43 547
43 547
43 547
-
pensions
580
580
580
-
national
24 987
24 987
24 987
-
total
85 448
85 448
85 448
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
82 500
82 500
82 500
82 500
Total tax
170 471
170 471
170 471
30 546
After tax
-87 971
-87 971
-87 971
51 954
Living cost
48 374
48 374
48 374
48 374
Free-cash
-136 345
-136 345
-136 345
3 580

Estimated living cost  is ₽48374 per week

₽33108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15036
₽3352
₽35018
₽19792
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
82 500
accident
-
-
-
253
income
-
-
-
18 785
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
25 763
Employee
34 165
-
68 633
-
health
3 912
-
7 858
-
income
4 687
-
11 620
-
pensions
3 847
-
7 645
-
total
12 446
-
27 123
-
Employer
34 165
-
68 633
-
accident
570
-
1 146
-
unemployment
837
-
1 681
-
pensions
5 555
-
11 039
-
total
6 962
-
13 866
-
Corporate
41 372
82 500
-
-
income

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

37 235
74 250
-
-
total
37 235
74 250
-
-
Dividends
4 137
8 250
-
-
withholding
786
1 567
-
-
total
786
1 567
-
-
Income
82 500
82 500
82 500
82 500
Total tax
57 429
75 817
40 989
25 763
After tax
25 071
6 683
41 511
56 737
Living cost
21 719
21 719
21 719
21 719
Free-cash
3 352
-15 036
19 792
35 018

Estimated living cost  is ₽21719 per week

₽15809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1238
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.
₽4264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17570
₽13623
₽21979
₽9922
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
82 500
municipal
-
-
-
14 696
health
-
-
-
852
national
-
-
-
6 410
total
-
-
-
21 958
Employee
52 845
-
69 405
-
health
395
-
650
-
municipal
8 656
-
11 345
-
pensions
3 566
-
4 685
-
unemployment
793
-
1 041
-
national
873
-
3 198
-
total
14 283
-
20 919
-
Employer
52 845
-
69 405
-
accident
53
-
69
-
unemployment
343
-
452
-
pensions
9 168
-
12 041
-
health
406
-
534
-
total
9 970
-
13 096
-
Corporate
19 684
82 500
-
-
income
3 936
16 499
-
-
total
3 936
16 499
-
-
Dividends

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

11 811
49 501
-
-
national
-
957
-
-
municipal
2 125
8 911
-
-
total
2 125
9 868
-
-
Income
82 500
82 500
82 500
82 500
Total tax
30 314
26 367
34 015
21 958
After tax
52 186
56 133
48 485
60 542
Living cost
38 563
38 563
38 563
38 563
Free-cash
13 623
17 570
9 922
21 979

Estimated living cost  is ₽38563 per week

₽25189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and 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

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
₽36532
₽31770
₽37493
₽36936
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
82 500
income
-
-
-
6 778
health
-
-
-
2 104
social contributions
-
-
-
12 870
total
-
-
-
21 752
Employee
77 236
77 236
77 236
-
social contributions
2 920
6 410
6 216
-
health
599
1 313
1 273
-
income
8 410
7 150
7 218
-
total
11 929
14 873
14 707
-
Employer
77 236
77 236
77 236
-
social contributions
2 920
6 410
6 216
-
health
650
1 430
1 386
-
total
3 570
7 840
7 602
-
Corporate
43 746
-
-
-
income
5 469
-
-
-
total
5 469
-
-
-
Dividends
38 277
-
-
-
withholding
6 507
-
-
-
total
6 507
-
-
-
Income
82 500
82 500
82 500
82 500
Total tax
27 475
22 713
22 309
21 752
After tax
55 025
59 787
60 191
60 748
Living cost
23 255
23 255
23 255
23 255
Free-cash
31 770
36 532
36 936
37 493

Estimated living cost  is ₽23255 per week

₽13937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2282
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.
₽6523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52372
₽47262
₽48885
₽35002
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
82 500
income
-
-
-
7 615
pensions
-
-
-
6 389
unemployment
-
-
-
29
health
-
-
-
3 635
total
-
-
-
17 668
Employee

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

23 055
-
74 797
-
health
1 959
-
6 357
-
income
1 576
-
5 898
-
pensions
3 458
-
11 219
-
unemployment
114
-
374
-
total
7 107
-
23 848
-
Employer

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

23 055
-
74 797
-
unemployment
114
-
374
-
pensions
1 268
-
4 113
-
health
991
-
3 216
-
total
2 373
-
7 703
-
Corporate
57 072
82 500
-
-
income
5 137
7 424
-
-
total
5 137
7 424
-
-
Dividends
51 935
75 076
-
-
withholding
4 674
6 757
-
-
total
4 674
6 757
-
-
Income
82 500
82 500
82 500
82 500
Total tax
19 291
14 181
31 551
17 668
After tax
63 209
68 319
50 949
64 832
Living cost
15 947
15 947
15 947
15 947
Free-cash
47 262
52 372
35 002
48 885

Estimated living cost  is ₽15947 per week

₽10175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1149
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.
₽4148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28007
₽22738
₽16300
₽16885
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
82 500
accident
-
-
-
743
income
-
-
-
13 828
pensions
-
-
-
23 348
other
-
-
-
82
unemployment
-
-
-
578
total
-
-
-
38 579
Employee
37 140
-
62 556
-
other
36
-
63
-
income
7 160
-
14 078
-
pensions
1 746
-
2 939
-
unemployment
576
-
970
-
total
9 518
-
18 050
-
Employer
37 140
-
62 556
-
accident
736
-
1 239
-
other
297
-
501
-
unemployment
2 043
-
3 441
-
pensions
8 764
-
14 763
-
total
11 840
-
19 944
-
Corporate
33 519
82 500
-
-
income

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

5 028
12 374
-
-
total
5 028
12 374
-
-
Dividends
28 491
70 126
-
-
withholding
5 755
14 498
-
-
total
5 755
14 498
-
-
Income
82 500
82 500
82 500
82 500
Total tax
32 141
26 872
37 994
38 579
After tax
50 359
55 628
44 506
43 921
Living cost
27 621
27 621
27 621
27 621
Free-cash
22 738
28 007
16 885
16 300

Estimated living cost  is ₽27621 per week

₽18644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2655
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.
₽5838
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48730
₽48279
₽49260
₽49064
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
82 500
income
-
-
-
27 029
pensions
-
-
-
2 006
health
-
-
-
1 455
total
-
-
-
30 490
Employee
4 189
-
80 243
-
health
209
-
502
-
income
810
-
26 924
-
pensions
377
-
903
-
unemployment
42
-
100
-
total
1 438
-
28 429
-
Employer
4 189
-
80 243
-
unemployment
84
-
201
-
pensions
461
-
1 103
-
health
398
-
953
-
total
943
-
2 257
-
Corporate
77 368
82 500
-
-
income
17 021
18 150
-
-
total
17 021
18 150
-
-
Dividends
60 347
64 350
-
-
withholding
12 069
12 870
-
-
total
12 069
12 870
-
-
Income
82 500
82 500
82 500
82 500
Total tax
31 471
31 020
30 686
30 490
After tax
51 029
51 480
51 814
52 010
Living cost
2 750
2 750
2 750
2 750
Free-cash
48 279
48 730
49 064
49 260

Estimated living cost  is ₽2750 per week

₽1635
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.
₽830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42236
₽37296
₽24107
₽25150
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
82 500
income
-
-
-
12 966
pensions
-
-
-
19 299
unemployment
-
-
-
1 113
health
-
-
-
7 645
total
-
-
-
41 023
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.

26 193
-
69 975
-
health
1 349
-
3 604
-
income
3 610
-
13 529
-
pensions
3 667
-
9 796
-
unemployment
196
-
525
-
total
8 822
-
27 454
-
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.

26 193
-
69 975
-
unemployment
196
-
525
-
pensions
3 143
-
8 397
-
health
1 349
-
3 604
-
total
4 688
-
12 526
-
Corporate
51 619
82 500
-
-
income
7 743
12 375
-
-
total
7 743
12 375
-
-
Dividends
43 876
70 125
-
-
withholding
6 581
10 519
-
-
total
6 581
10 519
-
-
Income
82 500
82 500
82 500
82 500
Total tax
27 834
22 894
39 980
41 023
After tax
54 666
59 606
42 520
41 477
Living cost
17 370
17 370
17 370
17 370
Free-cash
37 296
42 236
25 150
24 107

Estimated living cost  is ₽17370 per week

₽11695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1344
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3828
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19847
₽19484
₽19559
₽16035
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
82 500
income
-
-
-
7 194
surtax
-
-
-
-
social contributions

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

-
-
-
28 668
total
-
-
-
35 862
Employee
38 984
-
66 666
-
social contributions
4 289
-
7 333
-
surtax
-
-
-
-
income
7 617
-
16 219
-
total
11 906
-
23 552
-
Employer
38 984
-
66 666
-
social contributions
9 258
-
15 834
-
total
9 258
-
15 834
-
Corporate
34 258
82 500
-
-
surtax
-
-
-
-
income
7 194
17 325
-
-
total
7 194
17 325
-
-
Dividends
27 064
65 175
-
-
withholding
7 579
18 249
-
-
total
7 579
18 249
-
-
Income
82 500
82 500
82 500
82 500
Total tax
35 937
35 574
39 386
35 862
After tax
46 563
46 926
43 114
46 638
Living cost
27 079
27 079
27 079
27 079
Free-cash
19 484
19 847
16 035
19 559

Estimated living cost  is ₽27079 per week

₽19179
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1881
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20328
₽12665
₽8621
₽9206
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
82 500
accident
-
-
-
743
income
-
-
-
13 828
pensions
-
-
-
23 348
other
-
-
-
82
unemployment
-
-
-
578
total
-
-
-
38 579
Employee
48 510
-
62 556
-
other
48
-
63
-
income
10 132
-
14 078
-
pensions
2 280
-
2 939
-
unemployment
751
-
970
-
total
13 211
-
18 050
-
Employer
48 510
-
62 556
-
accident
961
-
1 239
-
other
389
-
501
-
unemployment
2 669
-
3 441
-
pensions
11 448
-
14 763
-
total
15 467
-
19 944
-
Corporate
18 524
82 500
-
-
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.

2 779
12 374
-
-
total
2 779
12 374
-
-
Dividends
15 745
70 126
-
-
withholding
3 078
14 498
-
-
total
3 078
14 498
-
-
Income
82 500
82 500
82 500
82 500
Total tax
34 535
26 872
37 994
38 579
After tax
47 965
55 628
44 506
43 921
Living cost
35 300
35 300
35 300
35 300
Free-cash
12 665
20 328
9 206
8 621

Estimated living cost  is ₽35300 per week

₽25351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53261
₽47143
₽43483
₽45699
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
82 500
income
-
-
-
12 375
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
21 741
Employee
22 876
-
75 617
-
health
1 052
-
1 614
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
income
2 288
-
7 562
-
pensions

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

2 008
-
3 080
-
total
5 599
-
12 642
-
Employer
22 876
-
75 617
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
unemployment
137
-
210
-
pensions

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

2 521
-
3 866
-
health
1 579
-
2 421
-
total
4 488
-
6 883
-
Corporate
55 135
82 500
-
-
income
5 513
8 250
-
-
total
5 513
8 250
-
-
Dividends
49 622
74 250
-
-
withholding
2 481
3 713
-
-
total
2 481
3 713
-
-
Income
82 500
82 500
82 500
82 500
Total tax
18 081
11 963
19 525
21 741
After tax
64 419
70 537
62 975
60 759
Living cost
17 276
17 276
17 276
17 276
Free-cash
47 143
53 261
45 699
43 483

Estimated living cost  is ₽17276 per week

₽11426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3836
₽16975
₽16655
₽21792
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
82 500
trade
-
-
-
5 137
income

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

-
-
-
14 282
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.

-
-
-
6 862
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.

-
-
-
785
total
-
-
-
27 066
Employee

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

49 977
-
82 500
-
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.

6 862
-
6 862
-
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.

227
-
785
-
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.

4 110
-
14 282
-
total
11 199
-
21 929
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
32 523
82 500
-
-
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.

269
680
-
-
income
4 878
12 374
-
-
trade
4 666
11 839
-
-
chamber of commerce
200
273
-
-
total
10 013
25 166
-
-
Dividends
22 510
57 334
-
-
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.

288
768
-
-
withholding
5 246
13 951
-
-
total
5 534
14 719
-
-
Income
82 500
82 500
82 500
82 500
Total tax
26 746
39 885
21 929
27 066
After tax
55 754
42 615
60 571
55 434
Living cost
38 779
38 779
38 779
38 779
Free-cash
16 975
3 836
21 792
16 655

Estimated living cost  is ₽38779 per week

₽26750
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4172
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽534
₽2750
₽1926
₽1926
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
82 500
income
-
-
-
16 398
social contributions
-
-
-
6 959
total
-
-
-
23 357
Employee
78 569
-
82 500
-
income
14 826
-
16 398
-
social contributions
6 527
-
6 959
-
total
21 353
-
23 357
-
Employer
78 569
-
82 500
-
total
-
-
-
-
Corporate
3 931
82 500
-
-
income
492
10 312
-
-
total
492
10 312
-
-
Dividends
3 439
72 188
-
-
withholding
688
14 437
-
-
total
688
14 437
-
-
Income
82 500
82 500
82 500
82 500
Total tax
22 533
24 749
23 357
23 357
After tax
59 967
57 751
59 143
59 143
Living cost
57 217
57 217
57 217
57 217
Free-cash
2 750
534
1 926
1 926

Estimated living cost  is ₽57217 per week

₽43530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8478
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11856
₽17572
₽10717
₽23851
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
82 500
income
-
-
-
28 592
health

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

-
-
-
6 730
total
-
-
-
35 322
Employee
46 078
-
77 880
-
income
5 000
-
12 948
-
social contributions
4 617
-
4 620
-
total
9 617
-
17 568
-
Employer
46 078
-
77 880
-
social contributions
4 617
-
4 620
-
total
4 617
-
4 620
-
Corporate
31 806
82 500
-
-
income
11 132
28 876
-
-
total
11 132
28 876
-
-
Dividends
20 674
53 624
-
-
social contributions
3 101
5 307
-
-
total
3 101
5 307
-
-
Income
82 500
82 500
82 500
82 500
Total tax
28 467
34 183
22 188
35 322
After tax
54 033
48 317
60 312
47 178
Living cost
36 461
36 461
36 461
36 461
Free-cash
17 572
11 856
23 851
10 717

Estimated living cost  is ₽36461 per week

₽24017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24546
₽18886
₽24133
₽14981
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
82 500
income
-
-
-
15 350
pensions
-
-
-
5 749
total
-
-
-
21 099
Employee
51 155
-
72 941
-
health
667
-
1 114
-
income
9 316
-
13 061
-
pensions
3 904
-
6 518
-
total
13 887
-
20 693
-
Employer
51 155
-
72 941
-
pensions
5 168
-
8 173
-
health
972
-
1 385
-
total
6 140
-
9 558
-
Corporate
25 204
82 500
-
-
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.

4 788
15 675
-
-
total
4 788
15 675
-
-
Dividends
20 416
66 825
-
-
withholding
1 531
5 011
-
-
total
1 531
5 011
-
-
Income
82 500
82 500
82 500
82 500
Total tax
26 346
20 686
30 251
21 099
After tax
56 154
61 814
52 249
61 401
Living cost
37 268
37 268
37 268
37 268
Free-cash
18 886
24 546
14 981
24 133

Estimated living cost  is ₽37268 per week

₽25565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7807
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽17186
₽3021
₽32868
₽17642
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
82 500
accident
-
-
-
253
income
-
-
-
18 785
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
25 763
Employee
37 547
-
68 633
-
health
4 299
-
7 858
-
income
5 151
-
11 620
-
pensions
4 228
-
7 645
-
total
13 678
-
27 123
-
Employer
37 547
-
68 633
-
accident
627
-
1 146
-
unemployment
920
-
1 681
-
pensions
6 105
-
11 039
-
total
7 652
-
13 866
-
Corporate
37 302
82 500
-
-
income

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

33 571
74 250
-
-
total
33 571
74 250
-
-
Dividends
3 730
8 250
-
-
withholding
709
1 567
-
-
total
709
1 567
-
-
Income
82 500
82 500
82 500
82 500
Total tax
55 610
75 817
40 989
25 763
After tax
26 890
6 683
41 511
56 737
Living cost
23 869
23 869
23 869
23 869
Free-cash
3 021
-17 186
17 642
32 868

Estimated living cost  is ₽23869 per week

₽17517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1391
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.
₽4480
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56559
₽51675
₽34072
₽34674
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
82 500
work injury
-
-
-
413
health insurance
-
-
-
6 105
income
-
-
-
12 174
pensions
-
-
-
15 180
unemployment
-
-
-
990
total
-
-
-
34 862
Employee

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

21 706
-
82 500
-
work injury
109
-
402
-
income
2 171
-
12 174
-
pensions
3 994
-
14 777
-
health insurance
1 606
-
5 943
-
unemployment
260
-
964
-
total
8 140
-
34 260
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
60 794
82 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
60 794
82 500
-
-
withholding
9 119
12 375
-
-
total
9 119
12 375
-
-
Income
82 500
82 500
82 500
82 500
Total tax
17 259
12 375
34 260
34 862
After tax
65 241
70 125
48 240
47 638
Living cost
13 566
13 566
13 566
13 566
Free-cash
51 675
56 559
34 674
34 072

Estimated living cost  is ₽13566 per week

₽8404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3441
-₽2140
₽2962
-₽813
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
82 500
municipal
-
-
-
551
regional
-
-
-
1 482
national
-
-
-
16 272
social contributions
-
-
-
21 219
total
-
-
-
39 524
Employee
84 640
-
82 500
-
social contributions
28 540
-
27 820
-
regional
1 278
-
1 223
-
municipal
505
-
492
-
national
14 303
-
13 764
-
total
44 626
-
43 299
-
Employer
84 640
-
82 500
-
total
-
-
-
-
Corporate
-
82 500
-
-
nationa
-
19 801
-
-
municipal
-
3 976
-
-
total
-
23 777
-
-
Dividends
-
58 723
-
-
withholding
-
15 268
-
-
total
-
15 268
-
-
Income
82 500
82 500
82 500
82 500
Total tax
44 626
39 045
43 299
39 524
After tax
37 874
43 455
39 201
42 976
Living cost
40 014
40 014
40 014
40 014
Free-cash
-2 140
3 441
-813
2 962

Estimated living cost  is ₽40014 per week

₽28107
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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