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
₽ 84000
per

Your estimated
City
free-cash

Dresden , Germany
₽25280
₽31189
₽23291
₽12231
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
84 000
trade
-
-
-
5 909
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.

-
-
-
6 831
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.

-
-
-
14 876
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.

-
-
-
818
total
-
-
-
28 434
Employee

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

38 244
-
84 000
-
surtax

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

59
-
818
-
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.

1 068
-
14 876
-
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.

6 831
-
6 831
-
total
7 958
-
22 525
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
45 756
84 000
-
-
trade
7 207
13 229
-
-
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.

378
693
-
-
income
6 863
12 599
-
-
chamber of commerce
218
273
-
-
total
14 666
26 794
-
-
Dividends
31 091
57 206
-
-
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.

406
767
-
-
withholding
7 393
13 922
-
-
total
7 799
14 689
-
-
Income
84 000
84 000
84 000
84 000
Total tax
30 423
41 483
22 525
28 434
After tax
53 577
42 517
61 475
55 566
Living cost
30 286
30 286
30 286
30 286
Free-cash
23 291
12 231
31 189
25 280

Estimated living cost  is ₽30286 per week

₽19051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3531
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7138
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽761
₽1420
-₽1291
₽1974
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 000
social contributions
-
-
-
903
municipal
-
-
-
8 556
national
-
-
-
13 258
pensions
-
-
-
10 080
total
-
-
-
32 797
Employee
78 195
-
72 617
-
pensions
3 128
-
2 905
-
national
14 966
-
13 762
-
municipal
9 658
-
8 881
-
total
27 752
-
25 548
-
Employer
78 195
-
72 617
-
pensions
6 256
-
5 809
-
social contributions
841
-
781
-
total
7 097
-
6 590
-
Corporate
-
84 000
-
-
income

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

-
16 800
-
-
total
-
16 800
-
-
Dividends
-
67 200
-
-
withholding
-
14 784
-
-
total
-
14 784
-
-
Income
84 000
84 000
84 000
84 000
Total tax
34 849
31 584
32 138
32 797
After tax
49 151
52 416
51 862
51 203
Living cost
50 442
50 442
50 442
50 442
Free-cash
-1 291
1 974
1 420
761

Estimated living cost  is ₽50442 per week

₽34285
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽755
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10713
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24222
₽26727
₽38197
₽46398
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
84 000
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.

-
-
-
27 007
income
-
-
-
11 969
microenterprise
-
-
-
-
surtax
-
-
-
-
total
-
-
-
38 976
Employee
29 217
-
67 693
-
income
5 201
-
12 718
-
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.

3 214
-
7 446
-
surtax
-
-
-
-
total
8 415
-
20 164
-
Employer
29 217
-
67 693
-
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.

7 038
-
16 307
-
surtax
-
-
-
-
total
7 038
-
16 307
-
Corporate
47 745
84 000
-
-
income

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

9 548
16 800
-
-
total
9 548
16 800
-
-
Dividends

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

38 197
67 200
-
-
total
-
-
-
-
Income
84 000
84 000
84 000
84 000
Total tax
25 001
16 800
36 471
38 976
After tax
58 999
67 200
47 529
45 024
Living cost
20 802
20 802
20 802
20 802
Free-cash
38 197
46 398
26 727
24 222

Estimated living cost  is ₽20802 per week

₽13271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1981
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.
₽5078
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5883
-₽15291
-₽15291
-₽9678
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 000
health
-
-
-
11 068
income
-
-
-
13 447
pensions
-
-
-
11 715
total
-
-
-
36 230
Employee
85 386
85 386
85 386
-
income

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

13 976
13 976
13 976
-
pensions
15 370
11 715
15 370
-
health
13 106
11 148
13 106
-
total
42 452
36 839
42 452
-
Employer
85 386
85 386
85 386
-
pensions
5 943
5 943
5 943
-
health
5 935
5 935
5 935
-
unemployment
3 074
3 074
3 074
-
total
14 952
14 952
14 952
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
84 000
84 000
84 000
84 000
Total tax
57 404
51 791
57 404
36 230
After tax
26 596
32 209
26 596
47 770
Living cost
41 887
41 887
41 887
41 887
Free-cash
-15 291
-9 678
-15 291
5 883

Estimated living cost  is ₽41887 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3425
₽6410
₽6554
₽7416
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 000
other
-
-
-
9 761
unemployment
-
-
-
84
accident
-
-
-
168
municipal
-
-
-
17 792
health
-
-
-
5 242
national
-
-
-
-
pensions
-
-
-
9 080
total
-
-
-
42 127
Employee
54 785
-
63 917
-
national
-
-
-
-
municipal
16 337
-
19 060
-
total
16 337
-
19 060
-
Employer
54 785
-
63 917
-
pensions
5 922
-
6 909
-
other
6 366
-
7 427
-
accident
110
-
128
-
health
3 369
-
3 931
-
unemployment
1 446
-
1 687
-
total
17 213
-
20 082
-
Corporate
12 002
84 000
-
-
income
2 640
18 480
-
-
total
2 640
18 480
-
-
Dividends
9 361
65 520
-
-
withholding
2 808
19 656
-
-
total
2 808
19 656
-
-
Income
84 000
84 000
84 000
84 000
Total tax
38 998
38 136
39 142
42 127
After tax
45 002
45 864
44 858
41 873
Living cost
38 448
38 448
38 448
38 448
Free-cash
6 554
7 416
6 410
3 425

Estimated living cost  is ₽38448 per week

₽25482
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16024
₽22195
₽16855
₽2807
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
84 000
trade
-
-
-
6 171
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.

-
-
-
6 831
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.

-
-
-
14 876
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.

-
-
-
818
total
-
-
-
28 696
Employee

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

50 706
-
84 000
-
surtax

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

239
-
818
-
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.

4 357
-
14 876
-
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.

6 831
-
6 831
-
total
11 427
-
22 525
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
33 294
84 000
-
-
trade
5 476
13 817
-
-
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.

275
693
-
-
income
4 994
12 599
-
-
chamber of commerce
199
271
-
-
total
10 944
27 380
-
-
Dividends
22 349
56 619
-
-
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.

287
757
-
-
withholding
5 207
13 776
-
-
total
5 494
14 533
-
-
Income
84 000
84 000
84 000
84 000
Total tax
27 865
41 913
22 525
28 696
After tax
56 135
42 087
61 475
55 304
Living cost
39 280
39 280
39 280
39 280
Free-cash
16 855
2 807
22 195
16 024

Estimated living cost  is ₽39280 per week

₽26271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
₽29302
₽29066
₽25001
₽28960
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 000
social contributions
-
-
-
13 104
health
-
-
-
2 142
income
-
-
-
7 021
total
-
-
-
22 267
Employee
76 887
76 887
76 887
-
income
8 074
7 117
7 135
-
social contributions
3 736
6 381
6 330
-
health
765
1 307
1 296
-
total
12 575
14 805
14 761
-
Employer
76 887
76 887
76 887
-
health
833
1 423
1 412
-
social contributions
3 736
6 381
6 330
-
total
4 569
7 804
7 742
-
Corporate
34 425
-
-
-
income
4 303
-
-
-
total
4 303
-
-
-
Dividends
30 122
-
-
-
withholding
5 121
-
-
-
total
5 121
-
-
-
Income
84 000
84 000
84 000
84 000
Total tax
26 568
22 609
22 503
22 267
After tax
57 432
61 391
61 497
61 733
Living cost
32 431
32 431
32 431
32 431
Free-cash
25 001
28 960
29 066
29 302

Estimated living cost  is ₽32431 per week

₽22170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39955
₽30461
₽29525
₽29145
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 000
unemployment
-
-
-
1 260
health
-
-
-
5 880
income
-
-
-
10 269
pensions
-
-
-
8 400
total
-
-
-
25 809
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.

26 323
10 476
70 293
-
income
3 218
1 281
8 593
-
pensions
2 632
1 048
7 029
-
unemployment
395
157
1 054
-
health
1 843
733
4 920
-
total
8 088
3 219
21 596
-
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.

26 323
10 476
70 293
-
pensions
5 133
2 043
13 707
-
total
5 133
2 043
13 707
-
Corporate
52 544
71 481
-
-
income
4 729
6 433
-
-
total
4 729
6 433
-
-
Dividends
47 815
65 048
-
-
social contributions
9 204
12 565
-
-
withholding
9 085
12 359
-
-
total
18 289
24 924
-
-
Income
84 000
84 000
84 000
84 000
Total tax
36 239
36 619
35 303
25 809
After tax
47 761
47 381
48 697
58 191
Living cost
18 236
18 236
18 236
18 236
Free-cash
29 525
29 145
30 461
39 955

Estimated living cost  is ₽18236 per week

₽12444
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.
₽3935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20873
₽24265
₽36840
₽43049
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 000
health
-
-
-
10 920
income
-
-
-
11 256
pensions
-
-
-
16 800
total
-
-
-
38 976
Employee
28 365
-
62 781
-
income
3 193
-
12 104
-
pensions
567
-
1 256
-
unemployment
453
-
1 004
-
total
4 213
-
14 364
-
Employer
28 365
-
62 781
-
pensions
5 673
-
12 556
-
health
3 687
-
8 161
-
unemployment
228
-
503
-
total
9 588
-
21 220
-
Corporate
46 047
84 000
-
-
income
9 208
16 800
-
-
total
9 208
16 800
-
-
Dividends
36 838
67 200
-
-
total
-
-
-
-
Income
84 000
84 000
84 000
84 000
Total tax
23 009
16 800
35 584
38 976
After tax
60 991
67 200
48 416
45 024
Living cost
24 151
24 151
24 151
24 151
Free-cash
36 840
43 049
24 265
20 873

Estimated living cost  is ₽24151 per week

₽16565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5662
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35838
₽20501
₽3442
-₽15110
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 000
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
19 310
pensions
-
-
-
4 145
total
-
-
-
26 248
Employee
34 472
-
70 136
-
income
4 729
-
12 092
-
pensions
3 882
-
7 599
-
health
3 947
-
8 031
-
total
12 558
-
27 722
-
Employer
34 472
-
70 136
-
pensions
5 605
-
10 974
-
accident
575
-
1 171
-
unemployment
845
-
1 718
-
total
7 025
-
13 863
-
Corporate
42 503
84 000
-
-
income

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

38 253
75 600
-
-
total
38 253
75 600
-
-
Dividends
4 250
8 400
-
-
withholding
808
1 596
-
-
total
808
1 596
-
-
Income
84 000
84 000
84 000
84 000
Total tax
58 644
77 196
41 585
26 248
After tax
25 356
6 804
42 415
57 752
Living cost
21 914
21 914
21 914
21 914
Free-cash
3 442
-15 110
20 501
35 838

Estimated living cost  is ₽21914 per week

₽16061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1214
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74149
₽58189
₽69100
₽70789
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
84 000
microenterprise

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

-
-
-
840
total
-
-
-
840
Employee
11 263
-
84 000
-
income
2 252
-
16 800
-
total
2 252
-
16 800
-
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%.

72 737
84 000
-
-
total
-
-
-
-
Dividends
72 737
84 000
-
-
withholding
3 637
4 200
-
-
total
3 637
4 200
-
-
Income
84 000
84 000
84 000
84 000
Total tax
5 889
4 200
16 800
840
After tax
78 111
79 800
67 200
83 160
Living cost
9 011
9 011
9 011
9 011
Free-cash
69 100
70 789
58 189
74 149

Estimated living cost  is ₽9011 per week

₽5584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18843
₽22591
₽28320
₽35071
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 000
other
-
-
-
3 990
health
-
-
-
3 696
income
-
-
-
10 669
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.

-
-
-
20 159
total
-
-
-
38 514
Employee
36 305
-
67 092
-
income
6 250
-
11 550
-
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.

2 541
-
4 696
-
unemployment
362
-
672
-
health
509
-
939
-
total
9 662
-
17 857
-
Employer
36 305
-
67 092
-
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.

6 172
-
11 406
-
other
1 816
-
3 355
-
accident
290
-
537
-
health
509
-
939
-
unemployment
362
-
672
-
total
9 149
-
16 909
-
Corporate
38 545
84 000
-
-
income
8 095
17 641
-
-
total
8 095
17 641
-
-
Dividends
30 451
66 359
-
-
withholding
2 131
4 645
-
-
total
2 131
4 645
-
-
Income
84 000
84 000
84 000
84 000
Total tax
29 037
22 286
34 766
38 514
After tax
54 963
61 714
49 234
45 486
Living cost
26 643
26 643
26 643
26 643
Free-cash
28 320
35 071
22 591
18 843

Estimated living cost  is ₽26643 per week

₽18825
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1799
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4757
-₽14110
-₽24195
-₽4317
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 000
income
-
-
-
15 624
pensions
-
-
-
5 880
total
-
-
-
21 504
Employee
95 153
-
74 240
-
income
17 152
-
13 286
-
pensions
9 180
-
6 670
-
health
1 568
-
1 141
-
total
27 900
-
21 097
-
Employer
95 153
-
74 240
-
pensions
11 235
-
8 349
-
health
1 807
-
1 411
-
total
13 042
-
9 760
-
Corporate
-
84 000
-
-
income

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

-
15 961
-
-
total
-
15 961
-
-
Dividends
-
68 039
-
-
withholding
-
5 103
-
-
total
-
5 103
-
-
Income
84 000
84 000
84 000
84 000
Total tax
40 942
21 064
30 857
21 504
After tax
43 058
62 936
53 143
62 496
Living cost
67 253
67 253
67 253
67 253
Free-cash
-24 195
-4 317
-14 110
-4 757

Estimated living cost  is ₽67253 per week

₽50394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7902
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.
₽8411
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽48969
₽51271
₽54070
₽58713
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 000
unemployment
-
-
-
140
health
-
-
-
4 016
income
-
-
-
12 600
pensions

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

-
-
-
5 168
total
-
-
-
21 924
Employee
17 356
-
77 149
-
income
1 735
-
7 715
-
pensions

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

1 524
-
3 066
-
health
798
-
1 606
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
total
4 248
-
12 771
-
Employer
17 356
-
77 149
-
pensions

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

1 913
-
3 848
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
health
1 198
-
2 409
-
unemployment
104
-
210
-
total
3 406
-
6 851
-
Corporate
63 238
84 000
-
-
income
6 323
8 400
-
-
total
6 323
8 400
-
-
Dividends
56 915
75 600
-
-
withholding
2 846
3 780
-
-
total
2 846
3 780
-
-
Income
84 000
84 000
84 000
84 000
Total tax
16 823
12 180
19 622
21 924
After tax
67 177
71 820
64 378
62 076
Living cost
13 107
13 107
13 107
13 107
Free-cash
54 070
58 713
51 271
48 969

Estimated living cost  is ₽13107 per week

₽7652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7675
-₽28849
-₽24932
-₽23236
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 000
health
-
-
-
11 068
income
-
-
-
13 447
pensions
-
-
-
11 715
total
-
-
-
36 230
Employee
92 702
85 386
85 386
-
income

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

13 976
13 976
13 976
-
pensions
11 715
11 715
15 370
-
health
11 565
11 148
13 106
-
total
37 256
36 839
42 452
-
Employer
92 702
85 386
85 386
-
pensions
6 451
5 943
5 943
-
health
6 442
5 935
5 935
-
unemployment
3 338
3 074
3 074
-
total
16 231
14 952
14 952
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
84 000
84 000
84 000
84 000
Total tax
53 487
51 791
57 404
36 230
After tax
30 513
32 209
26 596
47 770
Living cost
55 445
55 445
55 445
55 445
Free-cash
-24 932
-23 236
-28 849
-7 675

Estimated living cost  is ₽55445 per week

₽40900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8958
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16900
₽18614
₽25256
₽33822
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 000
social contributions
-
-
-
24 528
health
-
-
-
11 340
income
-
-
-
7 220
solidarity contribution
-
-
-
-
total
-
-
-
43 088
Employee
35 311
-
62 687
-
income
4 237
-
7 522
-
solidarity contribution
-
-
-
-
social contributions
2 295
-
4 075
-
health
4 767
-
8 463
-
total
11 299
-
20 060
-
Employer
35 311
-
62 687
-
health
3 178
-
5 642
-
social contributions
8 828
-
15 672
-
total
12 006
-
21 314
-
Corporate
36 683
84 000
-
-
income
6 970
15 960
-
-
total
6 970
15 960
-
-
Dividends
29 713
68 040
-
-
withholding
4 457
10 206
-
-
total
4 457
10 206
-
-
Income
84 000
84 000
84 000
84 000
Total tax
34 732
26 166
41 374
43 088
After tax
49 268
57 834
42 626
40 912
Living cost
24 012
24 012
24 012
24 012
Free-cash
25 256
33 822
18 614
16 900

Estimated living cost  is ₽24012 per week

₽16679
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1708
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.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2077
-₽1920
-₽4864
₽2623
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 000
social contributions
-
-
-
21 605
municipal
-
-
-
499
national
-
-
-
16 728
regional
-
-
-
899
total
-
-
-
39 731
Employee
88 864
-
84 000
-
national
15 398
-
14 174
-
social contributions
29 965
-
28 325
-
municipal
471
-
446
-
regional
838
-
783
-
total
46 672
-
43 728
-
Employer
88 864
-
84 000
-
total
-
-
-
-
Corporate
-
84 000
-
-
nationa
-
20 161
-
-
municipal
-
3 277
-
-
total
-
23 438
-
-
Dividends
-
60 562
-
-
withholding
-
15 747
-
-
total
-
15 747
-
-
Income
84 000
84 000
84 000
84 000
Total tax
46 672
39 185
43 728
39 731
After tax
37 328
44 815
40 272
44 269
Living cost
42 192
42 192
42 192
42 192
Free-cash
-4 864
2 623
-1 920
2 077

Estimated living cost  is ₽42192 per week

₽29411
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2767
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9366
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22793
₽21189
₽27660
₽30772
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 000
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
5 964
income
-
-
-
14 603
surtax
-
-
-
1 548
pensions
-
-
-
16 800
total
-
-
-
39 143
Employee
33 066
-
69 393
-
income
5 543
-
13 552
-
pensions
2 205
-
4 628
-
unemployment
2 302
-
4 829
-
health
844
-
1 768
-
other
-
-
-
-
surtax
108
-
1 364
-
total
11 002
-
26 141
-
Employer
33 066
-
69 393
-
pensions
4 408
-
9 250
-
other
-
-
-
-
health
1 505
-
3 157
-
unemployment
1 047
-
2 199
-
total
6 960
-
14 606
-
Corporate
43 974
84 000
-
-
income
11 434
21 840
-
-
total
11 434
21 840
-
-
Dividends
32 540
62 160
-
-
withholding
4 880
9 324
-
-
total
4 880
9 324
-
-
Income
84 000
84 000
84 000
84 000
Total tax
34 276
31 164
40 747
39 143
After tax
49 724
52 836
43 253
44 857
Living cost
22 064
22 064
22 064
22 064
Free-cash
27 660
30 772
21 189
22 793

Estimated living cost  is ₽22064 per week

₽13491
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2036
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16550
₽7197
₽9078
₽16990
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 000
income
-
-
-
15 624
pensions
-
-
-
5 880
total
-
-
-
21 504
Employee
63 769
-
74 240
-
income
11 485
-
13 286
-
pensions
5 413
-
6 670
-
health
926
-
1 141
-
total
17 824
-
21 097
-
Employer
63 769
-
74 240
-
pensions
6 903
-
8 349
-
health
1 211
-
1 411
-
total
8 114
-
9 760
-
Corporate
12 116
84 000
-
-
income

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

2 303
15 961
-
-
total
2 303
15 961
-
-
Dividends
9 813
68 039
-
-
withholding
735
5 103
-
-
total
735
5 103
-
-
Income
84 000
84 000
84 000
84 000
Total tax
28 976
21 064
30 857
21 504
After tax
55 024
62 936
53 143
62 496
Living cost
45 946
45 946
45 946
45 946
Free-cash
9 078
16 990
7 197
16 550

Estimated living cost  is ₽45946 per week

₽34422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3444
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.
₽7598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5056
-₽9357
-₽12875
-₽37170
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 000
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.

-
-
-
1 679
health
-
-
-
247
city
-
-
-
885
national
-
-
-
370
regional
-
-
-
2 566
pensions
-
-
-
7 728
total
-
-
-
13 475
Employee
88 449
-
75 183
-
pensions
7 431
-
6 317
-
national
419
-
314
-
unemployment
-
-
-
-
city
949
-
808
-
health
200
-
169
-
regional
2 896
-
2 178
-
total
11 895
-
9 786
-
Employer
88 449
-
75 183
-
pensions
7 431
-
6 317
-
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.

1 768
-
1 504
-
health
200
-
169
-
unemployment
-
-
-
-
total
9 399
-
7 990
-
Corporate
-
84 000
-
-
regional
-
17 766
-
-
national
-
7 140
-
-
total
-
24 906
-
-
Dividends
-
59 094
-
-
withholding
-
20 683
-
-
total
-
20 683
-
-
Income
84 000
84 000
84 000
84 000
Total tax
21 294
45 589
17 776
13 475
After tax
62 706
38 411
66 224
70 525
Living cost
75 581
75 581
75 581
75 581
Free-cash
-12 875
-37 170
-9 357
-5 056

Estimated living cost  is ₽75581 per week

₽49149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽928
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽9238
₽15670
₽12062
-₽4150
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
84 000
trade
-
-
-
6 432
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.

-
-
-
6 831
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.

-
-
-
14 876
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.

-
-
-
818
total
-
-
-
28 957
Employee

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

60 091
-
84 000
-
surtax

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

389
-
818
-
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.

7 066
-
14 876
-
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.

6 831
-
6 831
-
total
14 286
-
22 525
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
23 909
84 000
-
-
trade
4 100
14 406
-
-
surtax

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

197
693
-
-
income
3 586
12 599
-
-
chamber of commerce
186
269
-
-
total
8 069
27 967
-
-
Dividends
15 839
56 033
-
-
surtax

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

197
750
-
-
withholding
3 581
13 628
-
-
total
3 778
14 378
-
-
Income
84 000
84 000
84 000
84 000
Total tax
26 133
42 345
22 525
28 957
After tax
57 867
41 655
61 475
55 043
Living cost
45 805
45 805
45 805
45 805
Free-cash
12 062
-4 150
15 670
9 238

Estimated living cost  is ₽45805 per week

₽33454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14585
₽14913
₽14033
₽8128
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 000
other
-
-
-
2 603
social contributions
-
-
-
2 393
health
-
-
-
725
income
-
-
-
5 724
surtax
-
-
-
-
pensions
-
-
-
23 761
total
-
-
-
35 206
Employee
42 794
-
64 012
-
income
2 526
-
5 825
-
pensions
4 839
-
7 241
-
social contributions
1 220
-
1 823
-
surtax
-
-
-
-
total
8 585
-
14 889
-
Employer
42 794
-
64 012
-
pensions
7 030
-
10 516
-
other
1 476
-
2 209
-
health
2 996
-
4 480
-
unemployment
1 732
-
2 592
-
social contributions
129
-
192
-
total
13 363
-
19 989
-
Corporate
27 842
84 000
-
-
surtax
-
-
-
-
income
7 797
23 519
-
-
total
7 797
23 519
-
-
Dividends
20 046
60 481
-
-
surtax
-
-
-
-
social contributions
3 448
10 402
-
-
withholding
2 565
7 742
-
-
total
6 013
18 144
-
-
Income
84 000
84 000
84 000
84 000
Total tax
35 758
41 663
34 878
35 206
After tax
48 242
42 337
49 122
48 794
Living cost
34 209
34 209
34 209
34 209
Free-cash
14 033
8 128
14 913
14 585

Estimated living cost  is ₽34209 per week

₽21570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17974
₽18302
₽17072
₽11517
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 000
other
-
-
-
2 603
social contributions
-
-
-
2 393
health
-
-
-
725
income
-
-
-
5 724
surtax
-
-
-
-
pensions
-
-
-
23 761
total
-
-
-
35 206
Employee
38 199
-
64 012
-
income
1 970
-
5 825
-
pensions
4 321
-
7 241
-
social contributions
1 089
-
1 823
-
surtax
-
-
-
-
total
7 380
-
14 889
-
Employer
38 199
-
64 012
-
pensions
6 277
-
10 516
-
other
1 319
-
2 209
-
health
2 674
-
4 480
-
unemployment
1 546
-
2 592
-
social contributions
114
-
192
-
total
11 930
-
19 989
-
Corporate
33 871
84 000
-
-
surtax
-
-
-
-
income
9 484
23 519
-
-
total
9 484
23 519
-
-
Dividends
24 388
60 481
-
-
surtax
-
-
-
-
social contributions
4 193
10 402
-
-
withholding
3 121
7 742
-
-
total
7 314
18 144
-
-
Income
84 000
84 000
84 000
84 000
Total tax
36 108
41 663
34 878
35 206
After tax
47 892
42 337
49 122
48 794
Living cost
30 820
30 820
30 820
30 820
Free-cash
17 072
11 517
18 302
17 974

Estimated living cost  is ₽30820 per week

₽17874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32744
₽33717
₽30567
₽30046
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 000
social contributions
-
-
-
11 592
health
-
-
-
5 863
income
-
-
-
12 599
total
-
-
-
30 054
Employee
33 902
-
84 000
-
income
5 654
-
11 626
-
social contributions
4 679
-
11 592
-
health
2 366
-
5 863
-
total
12 699
-
29 081
-
Employer
33 902
-
84 000
-
total
-
-
-
-
Corporate
50 098
84 000
-
-
income

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

2 505
4 199
-
-
total
2 505
4 199
-
-
Dividends
47 593
79 801
-
-
social contributions
6 567
11 013
-
-
health
3 322
5 571
-
-
withholding
7 138
11 969
-
-
total
17 027
28 553
-
-
Income
84 000
84 000
84 000
84 000
Total tax
32 231
32 752
29 081
30 054
After tax
51 769
51 248
54 919
53 946
Living cost
21 202
21 202
21 202
21 202
Free-cash
30 567
30 046
33 717
32 744

Estimated living cost  is ₽21202 per week

₽14189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1307
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.
₽5216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9204
-₽7281
₽10578
₽12127
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 000
chamber of commerce
-
-
-
336
unemployment
-
-
-
6 133
health
-
-
-
6 427
income
-
-
-
10 931
surtax
-
-
-
197
pensions
-
-
-
15 540
total
-
-
-
39 564
Employee
49 970
39 847
65 073
-
income
5 689
2 939
10 017
-
pensions
5 117
4 080
6 664
-
unemployment
1 499
1 195
1 953
-
health
1 934
1 543
2 518
-
other
499
398
651
-
total
14 738
10 155
21 803
-
Employer
49 970
39 847
65 073
-
pensions
6 271
5 002
8 167
-
other
2 374
1 892
3 091
-
accident
649
518
846
-
health
1 888
1 507
2 459
-
payroll
1 499
1 195
1 953
-
chamber of commerce
199
159
260
-
unemployment
1 499
1 195
1 953
-
surtax
197
197
197
-
total
14 576
11 665
18 926
-
Corporate
19 454
32 487
61 280
-
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.

4 863
8 121
15 320
-
total
4 863
8 121
15 320
-
Dividends
14 591
24 366
-
-
withholding
4 013
6 700
-
-
total
4 013
6 700
-
-
Income
84 000
84 000
84 000
84 000
Total tax
38 190
36 641
56 049
39 564
After tax
45 810
47 359
27 951
44 436
Living cost
35 232
35 232
35 232
35 232
Free-cash
10 578
12 127
-7 281
9 204

Estimated living cost  is ₽35232 per week

₽23498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3006
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8150
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4695
-₽2753
-₽8342
₽10711
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 000
social contributions
-
-
-
12 241
communal

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

-
-
-
4 305
national
-
-
-
26 302
total
-
-
-
42 848
Employee

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

71 523
-
65 059
-
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.

5 364
-
4 880
-
national
21 989
-
19 460
-
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.

622
-
565
-
communal

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

3 730
-
3 393
-
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.

3 360
-
3 057
-
total
35 065
-
31 355
-
Employer

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

71 523
-
65 059
-
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.

6 338
-
5 765
-
accident

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

930
-
846
-
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.

4 398
-
4 002
-
unemployment

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

1 044
-
951
-
surtax
8 110
-
7 377
-
total
20 820
-
18 941
-
Corporate
-
84 000
-
-
surtax
-
336
-
-
income
-
16 800
-
-
total
-
17 136
-
-
Dividends
-
66 864
-
-
withholding

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

-
19 696
-
-
total
-
19 696
-
-
Income
84 000
84 000
84 000
84 000
Total tax
55 885
36 832
50 296
42 848
After tax
28 115
47 168
33 704
41 152
Living cost
36 457
36 457
36 457
36 457
Free-cash
-8 342
10 711
-2 753
4 695

Estimated living cost  is ₽36457 per week

₽23483
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3188
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8532
₽9124
₽12558
₽20525
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 000
other
-
-
-
83
unemployment
-
-
-
588
accident
-
-
-
755
income
-
-
-
14 160
pensions
-
-
-
23 772
total
-
-
-
39 358
Employee
49 772
-
63 695
-
income
10 502
-
14 414
-
pensions
2 340
-
2 994
-
unemployment
772
-
987
-
other
49
-
65
-
total
13 663
-
18 460
-
Employer
49 772
-
63 695
-
pensions
11 745
-
15 032
-
other
397
-
509
-
accident
985
-
1 262
-
unemployment
2 738
-
3 503
-
total
15 865
-
20 306
-
Corporate
18 363
84 000
-
-
income

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

2 755
12 599
-
-
total
2 755
12 599
-
-
Dividends
15 608
71 401
-
-
withholding
3 049
14 766
-
-
total
3 049
14 766
-
-
Income
84 000
84 000
84 000
84 000
Total tax
35 332
27 365
38 766
39 358
After tax
48 668
56 635
45 234
44 642
Living cost
36 110
36 110
36 110
36 110
Free-cash
12 558
20 525
9 124
8 532

Estimated living cost  is ₽36110 per week

₽26591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4566
-₽389
-₽767
-₽2487
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 000
accident
-
-
-
708
health
-
-
-
5 901
income
-
-
-
5 555
communal
-
-
-
5 309
surtax
-
-
-
4 165
pensions
-
-
-
12 590
total
-
-
-
34 228
Employee
75 721
-
75 033
-
income
7 314
-
7 145
-
pensions
6 057
-
6 002
-
health
3 370
-
3 340
-
surtax
4 641
-
4 598
-
total
21 382
-
21 085
-
Employer
75 721
-
75 033
-
pensions
6 057
-
6 002
-
accident
681
-
676
-
health
2 309
-
2 288
-
total
9 047
-
8 966
-
Corporate
-
84 000
-
-
communal
-
5 670
-
-
surtax
-
882
-
-
income
-
12 599
-
-
total
-
19 151
-
-
Dividends
-
64 849
-
-
withholding
-
9 726
-
-
income
-
3 272
-
-
total
-
12 998
-
-
Income
84 000
84 000
84 000
84 000
Total tax
30 429
32 149
30 051
34 228
After tax
53 571
51 851
53 949
49 772
Living cost
54 338
54 338
54 338
54 338
Free-cash
-767
-2 487
-389
-4 566

Estimated living cost  is ₽54338 per week

₽40762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9707
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22398
₽20794
₽27196
₽30377
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 000
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
5 964
income
-
-
-
14 603
surtax
-
-
-
1 548
pensions
-
-
-
16 800
total
-
-
-
39 143
Employee
33 673
-
69 393
-
income
5 645
-
13 552
-
pensions
2 247
-
4 628
-
unemployment
2 343
-
4 829
-
health
860
-
1 768
-
other
-
-
-
-
surtax
120
-
1 364
-
total
11 215
-
26 141
-
Employer
33 673
-
69 393
-
pensions
4 489
-
9 250
-
other
-
-
-
-
health
1 531
-
3 157
-
unemployment
1 068
-
2 199
-
total
7 088
-
14 606
-
Corporate
43 238
84 000
-
-
income
11 243
21 840
-
-
total
11 243
21 840
-
-
Dividends
31 996
62 160
-
-
withholding
4 799
9 324
-
-
total
4 799
9 324
-
-
Income
84 000
84 000
84 000
84 000
Total tax
34 345
31 164
40 747
39 143
After tax
49 655
52 836
43 253
44 857
Living cost
22 459
22 459
22 459
22 459
Free-cash
27 196
30 377
20 794
22 398

Estimated living cost  is ₽22459 per week

₽13559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1953
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.
₽6427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16967
₽12990
₽15000
₽17216
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 000
social contributions
-
-
-
21 605
municipal
-
-
-
499
national
-
-
-
16 728
regional
-
-
-
1 266
total
-
-
-
40 098
Employee
55 465
-
84 000
-
national
8 787
-
14 174
-
social contributions
18 703
-
28 325
-
municipal
294
-
446
-
regional
747
-
1 130
-
total
28 531
-
44 075
-
Employer
55 465
-
84 000
-
total
-
-
-
-
Corporate
28 535
84 000
-
-
nationa
6 848
20 161
-
-
municipal
1 417
4 174
-
-
total
8 265
24 335
-
-
Dividends
20 269
59 665
-
-
withholding
5 269
15 514
-
-
total
5 269
15 514
-
-
Income
84 000
84 000
84 000
84 000
Total tax
42 065
39 849
44 075
40 098
After tax
41 935
44 151
39 925
43 902
Living cost
26 935
26 935
26 935
26 935
Free-cash
15 000
17 216
12 990
16 967

Estimated living cost  is ₽26935 per week

₽16751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11323
₽13037
₽17689
₽28245
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 000
social contributions
-
-
-
24 528
health
-
-
-
11 340
income
-
-
-
7 220
solidarity contribution
-
-
-
-
total
-
-
-
43 088
Employee
43 513
-
62 687
-
income
5 222
-
7 522
-
solidarity contribution
-
-
-
-
social contributions
2 828
-
4 075
-
health
5 874
-
8 463
-
total
13 924
-
20 060
-
Employer
43 513
-
62 687
-
health
3 916
-
5 642
-
social contributions
10 878
-
15 672
-
total
14 794
-
21 314
-
Corporate
25 693
84 000
-
-
income
4 882
15 960
-
-
total
4 882
15 960
-
-
Dividends
20 811
68 040
-
-
withholding
3 122
10 206
-
-
total
3 122
10 206
-
-
Income
84 000
84 000
84 000
84 000
Total tax
36 722
26 166
41 374
43 088
After tax
47 278
57 834
42 626
40 912
Living cost
29 589
29 589
29 589
29 589
Free-cash
17 689
28 245
13 037
11 323

Estimated living cost  is ₽29589 per week

₽22004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1639
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.
₽5434
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12733
-₽3904
₽15068
₽15564
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 000
chamber of commerce
-
-
-
336
unemployment
-
-
-
6 133
health
-
-
-
6 427
income
-
-
-
10 931
surtax
-
-
-
-
pensions
-
-
-
15 540
total
-
-
-
39 367
Employee
43 708
39 847
65 228
-
income
3 894
2 939
10 062
-
pensions
4 476
4 080
6 679
-
unemployment
1 311
1 195
1 956
-
health
1 691
1 543
2 524
-
other
436
398
653
-
total
11 808
10 155
21 874
-
Employer
43 708
39 847
65 228
-
pensions
5 486
5 002
8 186
-
other
2 076
1 892
3 099
-
accident
567
518
848
-
health
1 653
1 507
2 465
-
payroll
1 311
1 195
1 956
-
chamber of commerce
175
159
262
-
unemployment
1 311
1 195
1 956
-
surtax
-
-
-
-
total
12 579
11 468
18 772
-
Corporate
27 714
32 685
61 433
-
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.

6 928
8 171
15 358
-
total
6 928
8 171
15 358
-
Dividends
20 786
24 514
-
-
withholding
5 717
6 742
-
-
total
5 717
6 742
-
-
Income
84 000
84 000
84 000
84 000
Total tax
37 032
36 536
56 004
39 367
After tax
46 968
47 464
27 996
44 633
Living cost
31 900
31 900
31 900
31 900
Free-cash
15 068
15 564
-3 904
12 733

Estimated living cost  is ₽31900 per week

₽19136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69119
₽53159
₽63125
₽65759
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
84 000
microenterprise

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

-
-
-
840
total
-
-
-
840
Employee
17 552
-
84 000
-
income
3 511
-
16 800
-
total
3 511
-
16 800
-
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%.

66 448
84 000
-
-
total
-
-
-
-
Dividends
66 448
84 000
-
-
withholding
3 323
4 200
-
-
total
3 323
4 200
-
-
Income
84 000
84 000
84 000
84 000
Total tax
6 834
4 200
16 800
840
After tax
77 166
79 800
67 200
83 160
Living cost
14 041
14 041
14 041
14 041
Free-cash
63 125
65 759
53 159
69 119

Estimated living cost  is ₽14041 per week

₽9502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17343
₽14936
₽22650
₽31014
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
84 000
unemployment
-
-
-
125
health
-
-
-
8 265
income
-
-
-
16 107
pensions
-
-
-
15 341
total
-
-
-
39 838
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.

44 215
-
72 683
-
income
7 625
-
14 868
-
pensions
6 854
-
11 265
-
unemployment
63
-
102
-
health
2 856
-
4 694
-
total
17 398
-
30 929
-
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.

44 215
-
72 683
-
pensions
3 913
-
6 432
-
health
2 945
-
4 840
-
unemployment
27
-
44
-
total
6 885
-
11 316
-
Corporate
32 901
84 000
-
-
income
6 250
15 960
-
-
total
6 250
15 960
-
-
Dividends
26 650
68 040
-
-
withholding
3 998
10 207
-
-
total
3 998
10 207
-
-
Income
84 000
84 000
84 000
84 000
Total tax
34 531
26 167
42 245
39 838
After tax
49 469
57 833
41 755
44 162
Living cost
26 819
26 819
26 819
26 819
Free-cash
22 650
31 014
14 936
17 343

Estimated living cost  is ₽26819 per week

₽18406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15011
₽27838
-₽64730
₽8066
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 000
social contributions
-
-
-
9 576
income
-
-
-
16 373
total
-
-
-
25 949
Employee
61 714
-
-
-
income
13 613
-
-
-
social contributions
5 061
-
721
-
total
18 674
-
721
-
Employer
61 714
-
-
-
social contributions
87 016
-
12 401
-
total
87 016
-
12 401
-
Corporate
-
84 000
-
-
income
-
18 480
-
-
total
-
18 480
-
-
Dividends
-
65 520
-
-
income
-
14 414
-
-
total
-
14 414
-
-
Income
84 000
84 000
84 000
84 000
Total tax
105 690
32 894
13 122
25 949
After tax
-21 690
51 106
70 878
58 051
Living cost
43 040
43 040
43 040
43 040
Free-cash
-64 730
8 066
27 838
15 011

Estimated living cost  is ₽43040 per week

₽27926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16070
₽12405
₽15410
₽16416
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
84 000
social contributions

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

-
-
-
29 191
income
-
-
-
7 376
surtax
-
-
-
-
total
-
-
-
36 567
Employee
45 987
-
67 879
-
income
9 565
-
16 644
-
social contributions
5 059
-
7 467
-
surtax
-
-
-
-
total
14 624
-
24 111
-
Employer
45 987
-
67 879
-
social contributions
10 922
-
16 121
-
total
10 922
-
16 121
-
Corporate
27 091
84 000
-
-
surtax
-
-
-
-
income
5 689
17 641
-
-
total
5 689
17 641
-
-
Dividends
21 402
66 359
-
-
withholding
5 992
18 580
-
-
total
5 992
18 580
-
-
Income
84 000
84 000
84 000
84 000
Total tax
37 227
36 221
40 232
36 567
After tax
46 773
47 779
43 768
47 433
Living cost
31 363
31 363
31 363
31 363
Free-cash
15 410
16 416
12 405
16 070

Estimated living cost  is ₽31363 per week

₽23466
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1850
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.
₽5524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽501
₽829
₽917
-₽5956
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 000
other
-
-
-
2 603
social contributions
-
-
-
2 393
health
-
-
-
725
income
-
-
-
5 724
surtax
-
-
-
-
pensions
-
-
-
23 761
total
-
-
-
35 206
Employee
62 625
-
64 012
-
income
5 464
-
5 825
-
pensions
7 083
-
7 241
-
social contributions
1 784
-
1 823
-
surtax
-
-
-
-
total
14 331
-
14 889
-
Employer
62 625
-
64 012
-
pensions
10 290
-
10 516
-
other
2 161
-
2 209
-
health
4 383
-
4 480
-
unemployment
2 537
-
2 592
-
social contributions
188
-
192
-
total
19 559
-
19 989
-
Corporate
1 816
84 000
-
-
surtax
-
-
-
-
income
509
23 519
-
-
total
509
23 519
-
-
Dividends
1 307
60 481
-
-
surtax
-
-
-
-
social contributions
224
10 402
-
-
withholding
167
7 742
-
-
total
391
18 144
-
-
Income
84 000
84 000
84 000
84 000
Total tax
34 790
41 663
34 878
35 206
After tax
49 210
42 337
49 122
48 794
Living cost
48 293
48 293
48 293
48 293
Free-cash
917
-5 956
829
501

Estimated living cost  is ₽48293 per week

₽32684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽662
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10996
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34464
₽36821
₽42185
₽45544
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 000
social contributions
-
-
-
18 480
income
-
-
-
1 000
total
-
-
-
19 480
Employee
32 145
-
72 727
-
social contributions
2 089
-
4 727
-
income
-
-
1 123
-
total
2 089
-
5 850
-
Employer
32 145
-
72 727
-
social contributions
4 983
-
11 273
-
total
4 983
-
11 273
-
Corporate
46 872
84 000
-
-
income
4 687
8 400
-
-
total
4 687
8 400
-
-
Dividends
42 185
75 600
-
-
total
-
-
-
-
Income
84 000
84 000
84 000
84 000
Total tax
11 759
8 400
17 123
19 480
After tax
72 241
75 600
66 877
64 520
Living cost
30 056
30 056
30 056
30 056
Free-cash
42 185
45 544
36 821
34 464

Estimated living cost  is ₽30056 per week

₽19434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2266
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4645
-₽133924
-₽133924
-₽133924
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 000
municipal
-
-
-
15 002
national
-
-
-
8 665
labour market
-
-
-
6 651
pensions
-
-
-
867
total
-
-
-
31 185
Employee
203 314
203 314
203 314
-
labour market
16 242
16 242
16 242
-
pensions
289
289
289
-
national
24 839
24 839
24 839
-
municipal
43 295
43 295
43 295
-
total
84 665
84 665
84 665
-
Employer
203 314
203 314
203 314
-
pensions
578
578
578
-
municipal
43 364
43 364
43 364
-
national
24 882
24 882
24 882
-
labour market
16 265
16 265
16 265
-
total
85 089
85 089
85 089
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
84 000
84 000
84 000
84 000
Total tax
169 754
169 754
169 754
31 185
After tax
-85 754
-85 754
-85 754
52 815
Living cost
48 170
48 170
48 170
48 170
Free-cash
-133 924
-133 924
-133 924
4 645

Estimated living cost  is ₽48170 per week

₽32968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36161
₽20824
₽3493
-₽14787
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 000
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
19 310
pensions
-
-
-
4 145
total
-
-
-
26 248
Employee
33 964
-
70 136
-
income
4 659
-
12 092
-
pensions
3 825
-
7 599
-
health
3 889
-
8 031
-
total
12 373
-
27 722
-
Employer
33 964
-
70 136
-
pensions
5 522
-
10 974
-
accident
567
-
1 171
-
unemployment
832
-
1 718
-
total
6 921
-
13 863
-
Corporate
43 115
84 000
-
-
income

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

38 803
75 600
-
-
total
38 803
75 600
-
-
Dividends
4 312
8 400
-
-
withholding
819
1 596
-
-
total
819
1 596
-
-
Income
84 000
84 000
84 000
84 000
Total tax
58 916
77 196
41 585
26 248
After tax
25 084
6 804
42 415
57 752
Living cost
21 591
21 591
21 591
21 591
Free-cash
3 493
-14 787
20 824
36 161

Estimated living cost  is ₽21591 per week

₽15716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23051
₽10796
₽14856
₽18685
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
84 000
municipal
-
-
-
14 962
health
-
-
-
877
national
-
-
-
6 722
total
-
-
-
22 561
Employee
52 606
-
70 665
-
pensions
3 550
-
4 770
-
national
869
-
3 429
-
municipal
8 616
-
11 550
-
unemployment
789
-
1 061
-
health
393
-
672
-
total
14 217
-
21 482
-
Employer
52 606
-
70 665
-
pensions
9 127
-
12 260
-
accident
53
-
70
-
health
404
-
545
-
unemployment
342
-
459
-
total
9 926
-
13 334
-
Corporate
21 468
84 000
-
-
income
4 294
16 800
-
-
total
4 294
16 800
-
-
Dividends

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

12 881
50 400
-
-
municipal
2 319
9 072
-
-
national
-
1 055
-
-
total
2 319
10 127
-
-
Income
84 000
84 000
84 000
84 000
Total tax
30 756
26 927
34 816
22 561
After tax
53 244
57 073
49 184
61 439
Living cost
38 388
38 388
38 388
38 388
Free-cash
14 856
18 685
10 796
23 051

Estimated living cost  is ₽38388 per week

₽25075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9011
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38583
₽38347
₽32987
₽38241
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 000
social contributions
-
-
-
13 104
health
-
-
-
2 142
income
-
-
-
7 021
total
-
-
-
22 267
Employee
76 887
76 887
76 887
-
income
8 372
7 117
7 135
-
social contributions
2 907
6 381
6 330
-
health
596
1 307
1 296
-
total
11 875
14 805
14 761
-
Employer
76 887
76 887
76 887
-
health
647
1 423
1 412
-
social contributions
2 907
6 381
6 330
-
total
3 554
7 804
7 742
-
Corporate
45 421
-
-
-
income
5 677
-
-
-
total
5 677
-
-
-
Dividends
39 744
-
-
-
withholding
6 757
-
-
-
total
6 757
-
-
-
Income
84 000
84 000
84 000
84 000
Total tax
27 863
22 609
22 503
22 267
After tax
56 137
61 391
61 497
61 733
Living cost
23 150
23 150
23 150
23 150
Free-cash
32 987
38 241
38 347
38 583

Estimated living cost  is ₽23150 per week

₽13874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2271
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.
₽6493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50334
₽35990
₽48597
₽53685
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
84 000
unemployment
-
-
-
28
health
-
-
-
3 618
income
-
-
-
7 785
pensions
-
-
-
6 360
total
-
-
-
17 791
Employee

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

22 951
-
76 156
-
income
1 569
-
6 013
-
pensions
3 442
-
11 423
-
unemployment
114
-
381
-
health
1 951
-
6 474
-
total
7 076
-
24 291
-
Employer

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

22 951
-
76 156
-
pensions
1 262
-
4 188
-
health
987
-
3 275
-
unemployment
114
-
381
-
total
2 363
-
7 844
-
Corporate
58 687
84 000
-
-
income
5 283
7 560
-
-
total
5 283
7 560
-
-
Dividends
53 404
76 440
-
-
withholding
4 806
6 880
-
-
total
4 806
6 880
-
-
Income
84 000
84 000
84 000
84 000
Total tax
19 528
14 440
32 135
17 791
After tax
64 472
69 560
51 865
66 209
Living cost
15 875
15 875
15 875
15 875
Free-cash
48 597
53 685
35 990
50 334

Estimated living cost  is ₽15875 per week

₽10129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1144
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.
₽4129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17146
₽17738
₽23894
₽29139
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 000
other
-
-
-
83
unemployment
-
-
-
588
accident
-
-
-
755
income
-
-
-
14 160
pensions
-
-
-
23 772
total
-
-
-
39 358
Employee
36 972
-
63 695
-
income
7 128
-
14 414
-
pensions
1 738
-
2 994
-
unemployment
573
-
987
-
other
36
-
65
-
total
9 475
-
18 460
-
Employer
36 972
-
63 695
-
pensions
8 725
-
15 032
-
other
296
-
509
-
accident
732
-
1 262
-
unemployment
2 034
-
3 503
-
total
11 787
-
20 306
-
Corporate
35 241
84 000
-
-
income

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

5 286
12 599
-
-
total
5 286
12 599
-
-
Dividends
29 955
71 401
-
-
withholding
6 062
14 766
-
-
total
6 062
14 766
-
-
Income
84 000
84 000
84 000
84 000
Total tax
32 610
27 365
38 766
39 358
After tax
51 390
56 635
45 234
44 642
Living cost
27 496
27 496
27 496
27 496
Free-cash
23 894
29 139
17 738
17 146

Estimated living cost  is ₽27496 per week

₽18559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5812
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50254
₽50058
₽49228
₽49678
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 000
health
-
-
-
1 448
income
-
-
-
27 563
pensions
-
-
-
1 997
total
-
-
-
31 008
Employee
4 171
-
81 753
-
income
807
-
27 458
-
pensions
375
-
899
-
unemployment
42
-
100
-
health
209
-
499
-
total
1 433
-
28 956
-
Employer
4 171
-
81 753
-
pensions
459
-
1 099
-
health
396
-
949
-
unemployment
83
-
200
-
total
938
-
2 248
-
Corporate
78 891
84 000
-
-
income
17 356
18 480
-
-
total
17 356
18 480
-
-
Dividends
61 535
65 520
-
-
withholding
12 307
13 104
-
-
total
12 307
13 104
-
-
Income
84 000
84 000
84 000
84 000
Total tax
32 034
31 584
31 204
31 008
After tax
51 966
52 416
52 796
52 992
Living cost
2 738
2 738
2 738
2 738
Free-cash
49 228
49 678
50 058
50 254

Estimated living cost  is ₽2738 per week

₽1627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽222
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.
₽826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25211
₽25863
₽38477
₽43397
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
84 000
unemployment
-
-
-
1 108
health
-
-
-
7 612
income
-
-
-
13 562
pensions
-
-
-
19 214
total
-
-
-
41 496
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.

26 076
-
71 247
-
income
3 594
-
13 913
-
pensions
3 651
-
9 975
-
unemployment
196
-
534
-
health
1 343
-
3 669
-
total
8 784
-
28 091
-
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.

26 076
-
71 247
-
pensions
3 129
-
8 550
-
health
1 343
-
3 669
-
unemployment
196
-
534
-
total
4 668
-
12 753
-
Corporate
53 256
84 000
-
-
income
7 988
12 600
-
-
total
7 988
12 600
-
-
Dividends
45 268
71 400
-
-
withholding
6 790
10 710
-
-
total
6 790
10 710
-
-
Income
84 000
84 000
84 000
84 000
Total tax
28 230
23 310
40 844
41 496
After tax
55 770
60 690
43 156
42 504
Living cost
17 293
17 293
17 293
17 293
Free-cash
38 477
43 397
25 863
25 211

Estimated living cost  is ₽17293 per week

₽11643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20477
₽16812
₽20462
₽20823
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
84 000
social contributions

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

-
-
-
29 191
income
-
-
-
7 376
surtax
-
-
-
-
total
-
-
-
36 567
Employee
38 808
-
67 879
-
income
7 583
-
16 644
-
social contributions
4 269
-
7 467
-
surtax
-
-
-
-
total
11 852
-
24 111
-
Employer
38 808
-
67 879
-
social contributions
9 216
-
16 121
-
total
9 216
-
16 121
-
Corporate
35 976
84 000
-
-
surtax
-
-
-
-
income
7 556
17 641
-
-
total
7 556
17 641
-
-
Dividends
28 420
66 359
-
-
withholding
7 958
18 580
-
-
total
7 958
18 580
-
-
Income
84 000
84 000
84 000
84 000
Total tax
36 582
36 221
40 232
36 567
After tax
47 418
47 779
43 768
47 433
Living cost
26 956
26 956
26 956
26 956
Free-cash
20 462
20 823
16 812
20 477

Estimated living cost  is ₽26956 per week

₽19092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1873
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5514
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9502
₽10094
₽13870
₽21495
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 000
other
-
-
-
83
unemployment
-
-
-
588
accident
-
-
-
755
income
-
-
-
14 160
pensions
-
-
-
23 772
total
-
-
-
39 358
Employee
48 290
-
63 695
-
income
10 086
-
14 414
-
pensions
2 269
-
2 994
-
unemployment
748
-
987
-
other
47
-
65
-
total
13 150
-
18 460
-
Employer
48 290
-
63 695
-
pensions
11 396
-
15 032
-
other
387
-
509
-
accident
956
-
1 262
-
unemployment
2 656
-
3 503
-
total
15 395
-
20 306
-
Corporate
20 314
84 000
-
-
income

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

3 047
12 599
-
-
total
3 047
12 599
-
-
Dividends
17 267
71 401
-
-
withholding
3 398
14 766
-
-
total
3 398
14 766
-
-
Income
84 000
84 000
84 000
84 000
Total tax
34 990
27 365
38 766
39 358
After tax
49 010
56 635
45 234
44 642
Living cost
35 140
35 140
35 140
35 140
Free-cash
13 870
21 495
10 094
9 502

Estimated living cost  is ₽35140 per week

₽25236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2732
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6677
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44879
₽47181
₽48531
₽54623
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 000
unemployment
-
-
-
140
health
-
-
-
4 016
income
-
-
-
12 600
pensions

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

-
-
-
5 168
total
-
-
-
21 924
Employee
22 772
-
77 149
-
income
2 278
-
7 715
-
pensions

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

1 999
-
3 066
-
health
1 048
-
1 606
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
total
5 575
-
12 771
-
Employer
22 772
-
77 149
-
pensions

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

2 509
-
3 848
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
health
1 571
-
2 409
-
unemployment
137
-
210
-
total
4 467
-
6 851
-
Corporate
56 760
84 000
-
-
income
5 676
8 400
-
-
total
5 676
8 400
-
-
Dividends
51 084
75 600
-
-
withholding
2 554
3 780
-
-
total
2 554
3 780
-
-
Income
84 000
84 000
84 000
84 000
Total tax
18 272
12 180
19 622
21 924
After tax
65 728
71 820
64 378
62 076
Living cost
17 197
17 197
17 197
17 197
Free-cash
48 531
54 623
47 181
44 879

Estimated living cost  is ₽17197 per week

₽11374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4429
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17489
₽22872
₽17862
₽4779
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
84 000
trade
-
-
-
5 383
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.

-
-
-
6 831
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.

-
-
-
14 876
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.

-
-
-
818
total
-
-
-
27 908
Employee

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

49 751
-
84 000
-
surtax

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

226
-
818
-
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.

4 091
-
14 876
-
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.

6 831
-
6 831
-
total
11 148
-
22 525
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
34 249
84 000
-
-
trade
4 914
12 055
-
-
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.

283
693
-
-
income
5 136
12 599
-
-
chamber of commerce
201
275
-
-
total
10 534
25 622
-
-
Dividends
23 715
58 378
-
-
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.

305
782
-
-
withholding
5 548
14 214
-
-
total
5 853
14 996
-
-
Income
84 000
84 000
84 000
84 000
Total tax
27 535
40 618
22 525
27 908
After tax
56 465
43 382
61 475
56 092
Living cost
38 603
38 603
38 603
38 603
Free-cash
17 862
4 779
22 872
17 489

Estimated living cost  is ₽38603 per week

₽26629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7260
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2835
₽2835
₽4049
₽1841
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 000
social contributions
-
-
-
7 134
income
-
-
-
17 073
total
-
-
-
24 207
Employee
78 213
-
84 000
-
social contributions
6 498
-
7 134
-
income
14 759
-
17 073
-
total
21 257
-
24 207
-
Employer
78 213
-
84 000
-
total
-
-
-
-
Corporate
5 787
84 000
-
-
income
723
10 501
-
-
total
723
10 501
-
-
Dividends
5 064
73 499
-
-
withholding
1 013
14 700
-
-
total
1 013
14 700
-
-
Income
84 000
84 000
84 000
84 000
Total tax
22 993
25 201
24 207
24 207
After tax
61 007
58 799
59 793
59 793
Living cost
56 958
56 958
56 958
56 958
Free-cash
4 049
1 841
2 835
2 835

Estimated living cost  is ₽56958 per week

₽43333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8440
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12567
₽25148
₽18528
₽13022
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
84 000
health

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

-
-
-
6 675
income
-
-
-
28 462
total
-
-
-
35 137
Employee
45 869
-
79 401
-
social contributions
4 596
-
4 599
-
income
4 977
-
13 358
-
total
9 573
-
17 957
-
Employer
45 869
-
79 401
-
social contributions
4 596
-
4 599
-
total
4 596
-
4 599
-
Corporate
33 535
84 000
-
-
income
11 738
29 399
-
-
total
11 738
29 399
-
-
Dividends
21 798
54 601
-
-
social contributions
3 269
5 283
-
-
total
3 269
5 283
-
-
Income
84 000
84 000
84 000
84 000
Total tax
29 176
34 682
22 556
35 137
After tax
54 824
49 318
61 444
48 863
Living cost
36 296
36 296
36 296
36 296
Free-cash
18 528
13 022
25 148
12 567

Estimated living cost  is ₽36296 per week

₽23908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8969
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25144
₽15791
₽19912
₽25584
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 000
income
-
-
-
15 624
pensions
-
-
-
5 880
total
-
-
-
21 504
Employee
51 271
-
74 240
-
income
9 337
-
13 286
-
pensions
3 913
-
6 670
-
health
669
-
1 141
-
total
13 919
-
21 097
-
Employer
51 271
-
74 240
-
pensions
5 180
-
8 349
-
health
974
-
1 411
-
total
6 154
-
9 760
-
Corporate
26 574
84 000
-
-
income

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

5 049
15 961
-
-
total
5 049
15 961
-
-
Dividends
21 525
68 039
-
-
withholding
1 614
5 103
-
-
total
1 614
5 103
-
-
Income
84 000
84 000
84 000
84 000
Total tax
26 736
21 064
30 857
21 504
After tax
57 264
62 936
53 143
62 496
Living cost
37 352
37 352
37 352
37 352
Free-cash
19 912
25 584
15 791
25 144

Estimated living cost  is ₽37352 per week

₽25623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3435
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7824
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽34024
₽18687
₽3165
-₽16924
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 000
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
19 310
pensions
-
-
-
4 145
total
-
-
-
26 248
Employee
37 325
-
70 136
-
income
5 121
-
12 092
-
pensions
4 203
-
7 599
-
health
4 274
-
8 031
-
total
13 598
-
27 722
-
Employer
37 325
-
70 136
-
pensions
6 069
-
10 974
-
accident
623
-
1 171
-
unemployment
914
-
1 718
-
total
7 606
-
13 863
-
Corporate
39 068
84 000
-
-
income

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

35 161
75 600
-
-
total
35 161
75 600
-
-
Dividends
3 907
8 400
-
-
withholding
742
1 596
-
-
total
742
1 596
-
-
Income
84 000
84 000
84 000
84 000
Total tax
57 107
77 196
41 585
26 248
After tax
26 893
6 804
42 415
57 752
Living cost
23 728
23 728
23 728
23 728
Free-cash
3 165
-16 924
18 687
34 024

Estimated living cost  is ₽23728 per week

₽17414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34942
₽36063
₽53039
₽57899
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
84 000
work injury
-
-
-
420
unemployment
-
-
-
1 008
income
-
-
-
12 457
health insurance
-
-
-
6 216
pensions
-
-
-
15 456
total
-
-
-
35 557
Employee

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

21 601
-
84 000
-
income
2 160
-
12 457
-
work injury
108
-
400
-
pensions
3 975
-
14 706
-
unemployment
259
-
959
-
health insurance
1 598
-
5 914
-
total
8 100
-
34 436
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
62 399
84 000
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
62 399
84 000
-
-
withholding
9 360
12 600
-
-
total
9 360
12 600
-
-
Income
84 000
84 000
84 000
84 000
Total tax
17 460
12 600
34 436
35 557
After tax
66 540
71 400
49 564
48 443
Living cost
13 501
13 501
13 501
13 501
Free-cash
53 039
57 899
36 063
34 942

Estimated living cost  is ₽13501 per week

₽8364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3742
-₽99
-₽258
₽4411
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 000
social contributions
-
-
-
21 605
municipal
-
-
-
562
national
-
-
-
16 728
regional
-
-
-
1 530
total
-
-
-
40 425
Employee
84 257
-
84 000
-
national
14 239
-
14 174
-
social contributions
28 411
-
28 325
-
municipal
503
-
501
-
regional
1 272
-
1 266
-
total
44 425
-
44 266
-
Employer
84 257
-
84 000
-
total
-
-
-
-
Corporate
-
84 000
-
-
nationa
-
20 161
-
-
municipal
-
4 049
-
-
total
-
24 210
-
-
Dividends
-
59 790
-
-
withholding
-
15 546
-
-
total
-
15 546
-
-
Income
84 000
84 000
84 000
84 000
Total tax
44 425
39 756
44 266
40 425
After tax
39 575
44 244
39 734
43 575
Living cost
39 833
39 833
39 833
39 833
Free-cash
-258
4 411
-99
3 742

Estimated living cost  is ₽39833 per week

₽27980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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