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
₽ 13000
per

Your estimated
City
free-cash

Dresden , Germany
-₽24117
-₽24117
-₽25244
-₽23463
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
13 000
trade
-
-
-
-
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.

-
-
-
-
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.

-
-
-
-
total
-
-
-
6 831
Employee

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

38 244
-
13 000
-
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
-
-
-
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
-
-
-
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
-
6 831
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
13 000
-
-
trade
-
2 047
-
-
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.

-
108
-
-
income
-
1 951
-
-
chamber of commerce
-
171
-
-
total
-
4 277
-
-
Dividends
-
8 723
-
-
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.

-
99
-
-
withholding
-
1 801
-
-
total
-
1 900
-
-
Income
13 000
13 000
13 000
13 000
Total tax
7 958
6 177
6 831
6 831
After tax
5 042
6 823
6 169
6 169
Living cost
30 286
30 286
30 286
30 286
Free-cash
-25 244
-23 463
-24 117
-24 117

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
-₽39843
-₽39741
-₽72291
-₽42330
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 000
social contributions
-
-
-
140
municipal
-
-
-
275
national
-
-
-
426
pensions
-
-
-
1 560
total
-
-
-
2 401
Employee
78 195
-
11 238
-
pensions
3 128
-
450
-
national
14 966
-
504
-
municipal
9 658
-
325
-
total
27 752
-
1 279
-
Employer
78 195
-
11 238
-
pensions
6 256
-
899
-
social contributions
841
-
121
-
total
7 097
-
1 020
-
Corporate
-
13 000
-
-
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%.

-
2 600
-
-
total
-
2 600
-
-
Dividends
-
10 400
-
-
withholding
-
2 288
-
-
total
-
2 288
-
-
Income
13 000
13 000
13 000
13 000
Total tax
34 849
4 888
2 299
2 401
After tax
-21 849
8 112
10 701
10 599
Living cost
50 442
50 442
50 442
50 442
Free-cash
-72 291
-42 330
-39 741
-39 843

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
-₽12901
-₽13343
-₽23255
-₽10402
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
13 000
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.

-
-
-
3 148
income
-
-
-
-
microenterprise
-
-
-
1 951
surtax
-
-
-
-
total
-
-
-
5 099
Employee
29 217
-
10 476
-
income
5 201
-
1 865
-
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
-
1 152
-
surtax
-
-
-
-
total
8 415
-
3 017
-
Employer
29 217
-
10 476
-
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
-
2 524
-
surtax
-
-
-
-
total
7 038
-
2 524
-
Corporate
-
13 000
-
-
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%.

-
2 600
-
-
total
-
2 600
-
-
Dividends

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

-
10 400
-
-
total
-
-
-
-
Income
13 000
13 000
13 000
13 000
Total tax
15 453
2 600
5 541
5 099
After tax
-2 453
10 400
7 459
7 901
Living cost
20 802
20 802
20 802
20 802
Free-cash
-23 255
-10 402
-13 343
-12 901

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
-₽34394
-₽86291
-₽86291
-₽80678
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 000
health
-
-
-
1 996
income
-
-
-
1 171
pensions
-
-
-
2 340
total
-
-
-
5 507
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
13 000
13 000
13 000
13 000
Total tax
57 404
51 791
57 404
5 507
After tax
-44 404
-38 791
-44 404
7 493
Living cost
41 887
41 887
41 887
41 887
Free-cash
-86 291
-80 678
-86 291
-34 394

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
-₽31968
-₽31505
-₽58998
-₽31350
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 000
other
-
-
-
1 511
unemployment
-
-
-
13
accident
-
-
-
26
municipal
-
-
-
2 754
health
-
-
-
811
national
-
-
-
-
pensions
-
-
-
1 405
total
-
-
-
6 520
Employee
54 785
-
9 892
-
national
-
-
-
-
municipal
16 337
-
2 950
-
total
16 337
-
2 950
-
Employer
54 785
-
9 892
-
pensions
5 922
-
1 069
-
other
6 366
-
1 149
-
accident
110
-
20
-
health
3 369
-
608
-
unemployment
1 446
-
261
-
total
17 213
-
3 107
-
Corporate
-
13 000
-
-
income
-
2 860
-
-
total
-
2 860
-
-
Dividends
-
10 140
-
-
withholding
-
3 042
-
-
total
-
3 042
-
-
Income
13 000
13 000
13 000
13 000
Total tax
33 550
5 902
6 057
6 520
After tax
-20 550
7 098
6 943
6 480
Living cost
38 448
38 448
38 448
38 448
Free-cash
-58 998
-31 350
-31 505
-31 968

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
-₽33111
-₽33111
-₽37707
-₽32525
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
13 000
trade
-
-
-
-
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.

-
-
-
-
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.

-
-
-
-
total
-
-
-
6 831
Employee

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

50 706
-
13 000
-
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
-
-
-
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
-
-
-
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
-
6 831
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
13 000
-
-
trade
-
2 138
-
-
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.

-
108
-
-
income
-
1 951
-
-
chamber of commerce
-
171
-
-
total
-
4 368
-
-
Dividends
-
8 632
-
-
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.

-
99
-
-
withholding
-
1 778
-
-
total
-
1 877
-
-
Income
13 000
13 000
13 000
13 000
Total tax
11 427
6 245
6 831
6 831
After tax
1 573
6 755
6 169
6 169
Living cost
39 280
39 280
39 280
39 280
Free-cash
-37 707
-32 525
-33 111
-33 111

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
-₽26331
-₽33300
-₽36575
-₽42040
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 011
social contributions
-
-
-
5 930
health
-
-
-
970
income
-
-
-
-
total
-
-
-
6 900
Employee
76 887
76 887
76 887
-
income
8 074
7 117
8 645
-
social contributions
3 736
6 381
2 152
-
health
765
1 307
440
-
total
12 575
14 805
11 237
-
Employer
76 887
76 887
76 887
-
health
833
1 423
480
-
social contributions
3 736
6 381
2 152
-
total
4 569
7 804
2 632
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
13 000
13 000
13 000
13 000
Total tax
17 144
22 609
13 869
6 900
After tax
-4 144
-9 609
-869
6 100
Living cost
32 431
32 431
32 431
32 431
Free-cash
-36 575
-42 040
-33 300
-26 331

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
-₽9230
-₽10700
-₽18457
-₽10685
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 000
unemployment
-
-
-
195
health
-
-
-
910
income
-
-
-
1 589
pensions
-
-
-
1 300
total
-
-
-
3 994
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
10 879
-
income
3 218
1 281
1 330
-
pensions
2 632
1 048
1 088
-
unemployment
395
157
163
-
health
1 843
733
762
-
total
8 088
3 219
3 343
-
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
10 879
-
pensions
5 133
2 043
2 121
-
total
5 133
2 043
2 121
-
Corporate
-
481
-
-
income
-
43
-
-
total
-
43
-
-
Dividends
-
438
-
-
social contributions
-
61
-
-
withholding
-
83
-
-
total
-
144
-
-
Income
13 000
13 000
13 000
13 000
Total tax
13 221
5 449
5 464
3 994
After tax
-221
7 551
7 536
9 006
Living cost
18 236
18 236
18 236
18 236
Free-cash
-18 457
-10 685
-10 700
-9 230

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
-₽15442
-₽15409
-₽24952
-₽13751
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 000
health
-
-
-
1 691
income
-
-
-
-
pensions
-
-
-
2 600
total
-
-
-
4 291
Employee
28 365
-
9 152
-
income
3 193
-
-
-
pensions
567
-
228
-
unemployment
453
-
182
-
total
4 213
-
410
-
Employer
28 365
-
9 152
-
pensions
5 673
-
2 277
-
health
3 687
-
1 480
-
unemployment
228
-
91
-
total
9 588
-
3 848
-
Corporate
-
13 000
-
-
income
-
2 600
-
-
total
-
2 600
-
-
Dividends
-
10 400
-
-
total
-
-
-
-
Income
13 000
13 000
13 000
13 000
Total tax
13 801
2 600
4 258
4 291
After tax
-801
10 400
8 742
8 709
Living cost
24 151
24 151
24 151
24 151
Free-cash
-24 952
-13 751
-15 409
-15 442

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
-₽16928
-₽15049
-₽28497
-₽20861
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 000
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
1 076
pensions
-
-
-
4 145
total
-
-
-
8 014
Employee
34 472
-
10 799
-
income
4 729
-
1 481
-
pensions
3 882
-
1 216
-
health
3 947
-
1 237
-
total
12 558
-
3 934
-
Employer
34 472
-
10 799
-
pensions
5 605
-
1 756
-
accident
575
-
180
-
unemployment
845
-
265
-
total
7 025
-
2 201
-
Corporate
-
13 000
-
-
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.

-
11 700
-
-
total
-
11 700
-
-
Dividends
-
1 300
-
-
withholding
-
247
-
-
total
-
247
-
-
Income
13 000
13 000
13 000
13 000
Total tax
19 583
11 947
6 135
8 014
After tax
-6 583
1 053
6 865
4 986
Living cost
21 914
21 914
21 914
21 914
Free-cash
-28 497
-20 861
-15 049
-16 928

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
₽3859
₽1389
₽1650
₽3339
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
13 000
microenterprise

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

-
-
-
130
total
-
-
-
130
Employee
11 263
-
13 000
-
income
2 252
-
2 600
-
total
2 252
-
2 600
-
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%.

1 737
13 000
-
-
total
-
-
-
-
Dividends
1 737
13 000
-
-
withholding
87
650
-
-
total
87
650
-
-
Income
13 000
13 000
13 000
13 000
Total tax
2 339
650
2 600
130
After tax
10 661
12 350
10 400
12 870
Living cost
9 011
9 011
9 011
9 011
Free-cash
1 650
3 339
1 389
3 859

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
-₽19601
-₽19037
-₽32454
-₽17092
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 000
other
-
-
-
617
health
-
-
-
571
income
-
-
-
1 651
pensions

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

-
-
-
3 119
total
-
-
-
5 958
Employee
36 305
-
10 363
-
income
6 250
-
1 784
-
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
-
725
-
unemployment
362
-
104
-
health
509
-
144
-
total
9 662
-
2 757
-
Employer
36 305
-
10 363
-
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
-
1 763
-
other
1 816
-
543
-
accident
290
-
83
-
health
509
-
144
-
unemployment
362
-
104
-
total
9 149
-
2 637
-
Corporate
-
13 000
-
-
income
-
2 730
-
-
total
-
2 730
-
-
Dividends
-
10 270
-
-
withholding
-
719
-
-
total
-
719
-
-
Income
13 000
13 000
13 000
13 000
Total tax
18 811
3 449
5 394
5 958
After tax
-5 811
9 551
7 606
7 042
Living cost
26 643
26 643
26 643
26 643
Free-cash
-32 454
-17 092
-19 037
-19 601

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
-₽56853
-₽57045
-₽95195
-₽57513
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 000
income
-
-
-
2 600
pensions
-
-
-
-
total
-
-
-
2 600
Employee
95 153
-
12 759
-
income
17 152
-
2 551
-
pensions
9 180
-
-
-
health
1 568
-
-
-
total
27 900
-
2 551
-
Employer
95 153
-
12 759
-
pensions
11 235
-
-
-
health
1 807
-
241
-
total
13 042
-
241
-
Corporate
-
13 000
-
-
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.

-
2 469
-
-
total
-
2 469
-
-
Dividends
-
10 531
-
-
withholding
-
791
-
-
total
-
791
-
-
Income
13 000
13 000
13 000
13 000
Total tax
40 942
3 260
2 792
2 600
After tax
-27 942
9 740
10 208
10 400
Living cost
67 253
67 253
67 253
67 253
Free-cash
-95 195
-57 513
-57 045
-56 853

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
-₽5528
-₽4899
-₽7761
-₽1992
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 000
unemployment
-
-
-
52
health
-
-
-
1 495
income
-
-
-
1 950
pensions

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

-
-
-
1 924
total
-
-
-
5 421
Employee
17 356
-
10 868
-
income
1 735
-
1 086
-
pensions

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

1 524
-
954
-
health
798
-
501
-
accident

We are using the highest rate at 1.1%.

191
-
119
-
total
4 248
-
2 660
-
Employer
17 356
-
10 868
-
pensions

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

1 913
-
1 198
-
accident

We are using the highest rate at 1.1%.

191
-
119
-
health
1 198
-
750
-
unemployment
104
-
65
-
total
3 406
-
2 132
-
Corporate
-
13 000
-
-
income
-
1 300
-
-
total
-
1 300
-
-
Dividends
-
11 700
-
-
withholding
-
585
-
-
total
-
585
-
-
Income
13 000
13 000
13 000
13 000
Total tax
7 654
1 885
4 792
5 421
After tax
5 346
11 115
8 208
7 579
Living cost
13 107
13 107
13 107
13 107
Free-cash
-7 761
-1 992
-4 899
-5 528

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
-₽47952
-₽99849
-₽95932
-₽94236
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 000
health
-
-
-
1 996
income
-
-
-
1 171
pensions
-
-
-
2 340
total
-
-
-
5 507
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
13 000
13 000
13 000
13 000
Total tax
53 487
51 791
57 404
5 507
After tax
-40 487
-38 791
-44 404
7 493
Living cost
55 445
55 445
55 445
55 445
Free-cash
-95 932
-94 236
-99 849
-47 952

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
-₽17680
-₽17415
-₽34317
-₽15061
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 000
social contributions
-
-
-
3 796
health
-
-
-
1 755
income
-
-
-
1 117
solidarity contribution
-
-
-
-
total
-
-
-
6 668
Employee
35 311
-
9 701
-
income
4 237
-
1 164
-
solidarity contribution
-
-
-
-
social contributions
2 295
-
631
-
health
4 767
-
1 310
-
total
11 299
-
3 105
-
Employer
35 311
-
9 701
-
health
3 178
-
873
-
social contributions
8 828
-
2 425
-
total
12 006
-
3 298
-
Corporate
-
13 000
-
-
income
-
2 470
-
-
total
-
2 470
-
-
Dividends
-
10 530
-
-
withholding
-
1 579
-
-
total
-
1 579
-
-
Income
13 000
13 000
13 000
13 000
Total tax
23 305
4 049
6 403
6 668
After tax
-10 305
8 951
6 597
6 332
Living cost
24 012
24 012
24 012
24 012
Free-cash
-34 317
-15 061
-17 415
-17 680

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
-₽38255
-₽40061
-₽75864
-₽35254
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 000
social contributions
-
-
-
7 749
municipal
-
-
-
42
national
-
-
-
1 207
regional
-
-
-
65
total
-
-
-
9 063
Employee
88 864
-
13 000
-
national
15 398
-
653
-
social contributions
29 965
-
10 159
-
municipal
471
-
23
-
regional
838
-
34
-
total
46 672
-
10 869
-
Employer
88 864
-
13 000
-
total
-
-
-
-
Corporate
-
13 000
-
-
nationa
-
3 119
-
-
municipal
-
507
-
-
total
-
3 626
-
-
Dividends
-
9 374
-
-
withholding
-
2 436
-
-
total
-
2 436
-
-
Income
13 000
13 000
13 000
13 000
Total tax
46 672
6 062
10 869
9 063
After tax
-33 672
6 938
2 131
3 937
Living cost
42 192
42 192
42 192
42 192
Free-cash
-75 864
-35 254
-40 061
-38 255

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
-₽14742
-₽15637
-₽27026
-₽13887
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 000
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
949
income
-
-
-
1 831
surtax
-
-
-
-
pensions
-
-
-
2 670
total
-
-
-
5 678
Employee
33 066
-
10 192
-
income
5 543
-
1 607
-
pensions
2 205
-
890
-
unemployment
2 302
-
928
-
health
844
-
340
-
other
-
-
-
-
surtax
108
-
-
-
total
11 002
-
3 765
-
Employer
33 066
-
10 192
-
pensions
4 408
-
1 778
-
other
-
-
-
-
health
1 505
-
607
-
unemployment
1 047
-
423
-
total
6 960
-
2 808
-
Corporate
-
13 000
-
-
income
-
3 379
-
-
total
-
3 379
-
-
Dividends
-
9 621
-
-
withholding
-
1 444
-
-
total
-
1 444
-
-
Income
13 000
13 000
13 000
13 000
Total tax
17 962
4 823
6 573
5 678
After tax
-4 962
8 177
6 427
7 322
Living cost
22 064
22 064
22 064
22 064
Free-cash
-27 026
-13 887
-15 637
-14 742

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
-₽35546
-₽35738
-₽58884
-₽36206
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 000
income
-
-
-
2 600
pensions
-
-
-
-
total
-
-
-
2 600
Employee
63 769
-
12 759
-
income
11 485
-
2 551
-
pensions
5 413
-
-
-
health
926
-
-
-
total
17 824
-
2 551
-
Employer
63 769
-
12 759
-
pensions
6 903
-
-
-
health
1 211
-
241
-
total
8 114
-
241
-
Corporate
-
13 000
-
-
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.

-
2 469
-
-
total
-
2 469
-
-
Dividends
-
10 531
-
-
withholding
-
791
-
-
total
-
791
-
-
Income
13 000
13 000
13 000
13 000
Total tax
25 938
3 260
2 792
2 600
After tax
-12 938
9 740
10 208
10 400
Living cost
45 946
45 946
45 946
45 946
Free-cash
-58 884
-36 206
-35 738
-35 546

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
-₽64418
-₽67314
-₽83875
-₽69636
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 000
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.

-
-
-
260
health
-
-
-
247
city
-
-
-
134
national
-
-
-
-
regional
-
-
-
-
pensions
-
-
-
1 196
total
-
-
-
1 837
Employee
88 449
-
10 463
-
pensions
7 431
-
2 190
-
national
419
-
-
-
unemployment
-
-
-
-
city
949
-
97
-
health
200
-
23
-
regional
2 896
-
-
-
total
11 895
-
2 310
-
Employer
88 449
-
10 463
-
pensions
7 431
-
2 190
-
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
-
210
-
health
200
-
23
-
unemployment
-
-
-
-
total
9 399
-
2 423
-
Corporate
-
13 000
-
-
regional
-
2 749
-
-
national
-
1 105
-
-
total
-
3 854
-
-
Dividends
-
9 147
-
-
withholding
-
3 201
-
-
total
-
3 201
-
-
Income
13 000
13 000
13 000
13 000
Total tax
21 294
7 055
4 733
1 837
After tax
-8 294
5 945
8 267
11 163
Living cost
75 581
75 581
75 581
75 581
Free-cash
-83 875
-69 636
-67 314
-64 418

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
-₽39636
-₽39636
-₽47091
-₽39117
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
13 000
trade
-
-
-
-
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.

-
-
-
-
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.

-
-
-
-
total
-
-
-
6 831
Employee

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

60 091
-
13 000
-
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
-
-
-
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
-
-
-
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
-
6 831
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
13 000
-
-
trade
-
2 230
-
-
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.

-
108
-
-
income
-
1 951
-
-
chamber of commerce
-
171
-
-
total
-
4 460
-
-
Dividends
-
8 541
-
-
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.

-
97
-
-
withholding
-
1 755
-
-
total
-
1 852
-
-
Income
13 000
13 000
13 000
13 000
Total tax
14 286
6 312
6 831
6 831
After tax
-1 286
6 688
6 169
6 169
Living cost
45 805
45 805
45 805
45 805
Free-cash
-47 091
-39 117
-39 636
-39 636

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
-₽27205
-₽25703
-₽43157
-₽27656
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 000
other
-
-
-
402
social contributions
-
-
-
372
health
-
-
-
266
income
-
-
-
-
surtax
-
-
-
-
pensions
-
-
-
4 956
total
-
-
-
5 996
Employee
42 794
-
9 907
-
income
2 526
-
-
-
pensions
4 839
-
1 120
-
social contributions
1 220
-
283
-
surtax
-
-
-
-
total
8 585
-
1 403
-
Employer
42 794
-
9 907
-
pensions
7 030
-
1 626
-
other
1 476
-
342
-
health
2 996
-
693
-
unemployment
1 732
-
400
-
social contributions
129
-
30
-
total
13 363
-
3 091
-
Corporate
-
13 000
-
-
surtax
-
-
-
-
income
-
3 639
-
-
total
-
3 639
-
-
Dividends
-
9 361
-
-
surtax
-
-
-
-
social contributions
-
1 611
-
-
withholding
-
1 197
-
-
total
-
2 808
-
-
Income
13 000
13 000
13 000
13 000
Total tax
21 948
6 447
4 494
5 996
After tax
-8 948
6 553
8 506
7 004
Living cost
34 209
34 209
34 209
34 209
Free-cash
-43 157
-27 656
-25 703
-27 205

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
-₽23816
-₽22314
-₽37130
-₽24267
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 000
other
-
-
-
402
social contributions
-
-
-
372
health
-
-
-
266
income
-
-
-
-
surtax
-
-
-
-
pensions
-
-
-
4 956
total
-
-
-
5 996
Employee
38 199
-
9 907
-
income
1 970
-
-
-
pensions
4 321
-
1 120
-
social contributions
1 089
-
283
-
surtax
-
-
-
-
total
7 380
-
1 403
-
Employer
38 199
-
9 907
-
pensions
6 277
-
1 626
-
other
1 319
-
342
-
health
2 674
-
693
-
unemployment
1 546
-
400
-
social contributions
114
-
30
-
total
11 930
-
3 091
-
Corporate
-
13 000
-
-
surtax
-
-
-
-
income
-
3 639
-
-
total
-
3 639
-
-
Dividends
-
9 361
-
-
surtax
-
-
-
-
social contributions
-
1 611
-
-
withholding
-
1 197
-
-
total
-
2 808
-
-
Income
13 000
13 000
13 000
13 000
Total tax
19 310
6 447
4 494
5 996
After tax
-6 310
6 553
8 506
7 004
Living cost
30 820
30 820
30 820
30 820
Free-cash
-37 130
-24 267
-22 314
-23 816

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
-₽12853
-₽12984
-₽23527
-₽13331
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 000
social contributions
-
-
-
1 793
health
-
-
-
907
income
-
-
-
1 951
total
-
-
-
4 651
Employee
33 902
-
13 000
-
income
5 654
-
2 082
-
social contributions
4 679
-
1 793
-
health
2 366
-
907
-
total
12 699
-
4 782
-
Employer
33 902
-
13 000
-
total
-
-
-
-
Corporate
-
13 000
-
-
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%.

-
651
-
-
total
-
651
-
-
Dividends
-
12 349
-
-
social contributions
1 744
1 744
-
-
health
882
882
-
-
withholding
-
1 852
-
-
total
2 626
4 478
-
-
Income
13 000
13 000
13 000
13 000
Total tax
15 325
5 129
4 782
4 651
After tax
-2 325
7 871
8 218
8 349
Living cost
21 202
21 202
21 202
21 202
Free-cash
-23 527
-13 331
-12 984
-12 853

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
-₽32011
-₽34937
-₽52495
-₽45001
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 000
chamber of commerce
-
-
-
51
unemployment
-
-
-
6 133
health
-
-
-
994
income
-
-
-
-
surtax
-
-
-
197
pensions
-
-
-
2 404
total
-
-
-
9 779
Employee
49 970
39 847
39 847
-
income
5 689
2 939
4 681
-
pensions
5 117
4 080
1 021
-
unemployment
1 499
1 195
300
-
health
1 934
1 543
385
-
other
499
398
101
-
total
14 738
10 155
6 488
-
Employer
49 970
39 847
39 847
-
pensions
6 271
5 002
1 252
-
other
2 374
1 892
1 639
-
accident
649
518
101
-
health
1 888
1 507
378
-
payroll
1 499
1 195
1 195
-
chamber of commerce
199
159
159
-
unemployment
1 499
1 195
300
-
surtax
197
197
197
-
total
14 576
11 665
5 221
-
Corporate
3 795
3 795
3 983
-
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.

949
949
996
-
total
949
949
996
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
13 000
13 000
13 000
13 000
Total tax
30 263
22 769
12 705
9 779
After tax
-17 263
-9 769
295
3 221
Living cost
35 232
35 232
35 232
35 232
Free-cash
-52 495
-45 001
-34 937
-32 011

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
-₽31123
-₽30416
-₽79342
-₽28848
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 000
social contributions
-
-
-
5 271
communal

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

-
-
-
463
national
-
-
-
1 932
total
-
-
-
7 666
Employee

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

71 523
-
10 068
-
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
-
755
-
national
21 989
-
2 188
-
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
-
87
-
communal

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

3 730
-
526
-
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
-
472
-
total
35 065
-
4 028
-
Employer

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

71 523
-
10 068
-
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
-
892
-
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
-
131
-
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
-
620
-
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
-
146
-
surtax
8 110
-
1 142
-
total
20 820
-
2 931
-
Corporate
-
13 000
-
-
surtax
-
51
-
-
income
-
2 600
-
-
total
-
2 651
-
-
Dividends
-
10 349
-
-
withholding

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

-
2 740
-
-
total
-
2 740
-
-
Income
13 000
13 000
13 000
13 000
Total tax
55 885
5 391
6 959
7 666
After tax
-42 885
7 609
6 041
5 334
Living cost
36 457
36 457
36 457
36 457
Free-cash
-79 342
-28 848
-30 416
-31 123

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
-₽30805
-₽35920
-₽52638
-₽27160
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 000
other
-
-
-
21
unemployment
-
-
-
150
accident
-
-
-
194
income
-
-
-
1 245
pensions
-
-
-
6 085
total
-
-
-
7 695
Employee
49 772
-
2 355
-
income
10 502
-
44
-
pensions
2 340
-
1 569
-
unemployment
772
-
518
-
other
49
-
34
-
total
13 663
-
2 165
-
Employer
49 772
-
2 355
-
pensions
11 745
-
7 880
-
other
397
-
268
-
accident
985
-
660
-
unemployment
2 738
-
1 837
-
total
15 865
-
10 645
-
Corporate
-
13 000
-
-
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.

-
1 951
-
-
total
-
1 951
-
-
Dividends
-
11 049
-
-
withholding
-
2 099
-
-
total
-
2 099
-
-
Income
13 000
13 000
13 000
13 000
Total tax
29 528
4 050
12 810
7 695
After tax
-16 528
8 950
190
5 305
Living cost
36 110
36 110
36 110
36 110
Free-cash
-52 638
-27 160
-35 920
-30 805

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
-₽53044
-₽53046
-₽71767
-₽45445
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 000
accident
-
-
-
429
health
-
-
-
3 567
income
-
-
-
-
communal
-
-
-
-
surtax
-
-
-
97
pensions
-
-
-
7 613
total
-
-
-
11 706
Employee
75 721
-
7 313
-
income
7 314
-
-
-
pensions
6 057
-
3 806
-
health
3 370
-
2 118
-
surtax
4 641
-
97
-
total
21 382
-
6 021
-
Employer
75 721
-
7 313
-
pensions
6 057
-
3 806
-
accident
681
-
429
-
health
2 309
-
1 452
-
total
9 047
-
5 687
-
Corporate
-
13 000
-
-
communal
-
-
-
-
surtax
-
137
-
-
income
-
1 951
-
-
total
-
2 088
-
-
Dividends
-
10 913
-
-
withholding
-
1 638
-
-
income
-
381
-
-
total
-
2 019
-
-
Income
13 000
13 000
13 000
13 000
Total tax
30 429
4 107
11 708
11 706
After tax
-17 429
8 893
1 292
1 294
Living cost
54 338
54 338
54 338
54 338
Free-cash
-71 767
-45 445
-53 046
-53 044

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
-₽15137
-₽16032
-₽27762
-₽14282
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 000
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
949
income
-
-
-
1 831
surtax
-
-
-
-
pensions
-
-
-
2 670
total
-
-
-
5 678
Employee
33 673
-
10 192
-
income
5 645
-
1 607
-
pensions
2 247
-
890
-
unemployment
2 343
-
928
-
health
860
-
340
-
other
-
-
-
-
surtax
120
-
-
-
total
11 215
-
3 765
-
Employer
33 673
-
10 192
-
pensions
4 489
-
1 778
-
other
-
-
-
-
health
1 531
-
607
-
unemployment
1 068
-
423
-
total
7 088
-
2 808
-
Corporate
-
13 000
-
-
income
-
3 379
-
-
total
-
3 379
-
-
Dividends
-
9 621
-
-
withholding
-
1 444
-
-
total
-
1 444
-
-
Income
13 000
13 000
13 000
13 000
Total tax
18 303
4 823
6 573
5 678
After tax
-5 303
8 177
6 427
7 322
Living cost
22 459
22 459
22 459
22 459
Free-cash
-27 762
-14 282
-16 032
-15 137

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
-₽23039
-₽24827
-₽42466
-₽20101
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 000
social contributions
-
-
-
7 749
municipal
-
-
-
42
national
-
-
-
1 207
regional
-
-
-
106
total
-
-
-
9 104
Employee
55 465
-
13 000
-
national
8 787
-
653
-
social contributions
18 703
-
10 159
-
municipal
294
-
23
-
regional
747
-
57
-
total
28 531
-
10 892
-
Employer
55 465
-
13 000
-
total
-
-
-
-
Corporate
-
13 000
-
-
nationa
-
3 119
-
-
municipal
-
647
-
-
total
-
3 766
-
-
Dividends
-
9 234
-
-
withholding
-
2 400
-
-
total
-
2 400
-
-
Income
13 000
13 000
13 000
13 000
Total tax
28 531
6 166
10 892
9 104
After tax
-15 531
6 834
2 108
3 896
Living cost
26 935
26 935
26 935
26 935
Free-cash
-42 466
-20 101
-24 827
-23 039

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
-₽23257
-₽22992
-₽45307
-₽20638
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 000
social contributions
-
-
-
3 796
health
-
-
-
1 755
income
-
-
-
1 117
solidarity contribution
-
-
-
-
total
-
-
-
6 668
Employee
43 513
-
9 701
-
income
5 222
-
1 164
-
solidarity contribution
-
-
-
-
social contributions
2 828
-
631
-
health
5 874
-
1 310
-
total
13 924
-
3 105
-
Employer
43 513
-
9 701
-
health
3 916
-
873
-
social contributions
10 878
-
2 425
-
total
14 794
-
3 298
-
Corporate
-
13 000
-
-
income
-
2 470
-
-
total
-
2 470
-
-
Dividends
-
10 530
-
-
withholding
-
1 579
-
-
total
-
1 579
-
-
Income
13 000
13 000
13 000
13 000
Total tax
28 718
4 049
6 403
6 668
After tax
-15 718
8 951
6 597
6 332
Living cost
29 589
29 589
29 589
29 589
Free-cash
-45 307
-20 638
-22 992
-23 257

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
-₽28482
-₽31459
-₽44236
-₽41472
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 000
chamber of commerce
-
-
-
51
unemployment
-
-
-
6 133
health
-
-
-
994
income
-
-
-
-
surtax
-
-
-
-
pensions
-
-
-
2 404
total
-
-
-
9 582
Employee
43 708
39 847
39 847
-
income
3 894
2 939
4 681
-
pensions
4 476
4 080
1 021
-
unemployment
1 311
1 195
300
-
health
1 691
1 543
385
-
other
436
398
101
-
total
11 808
10 155
6 488
-
Employer
43 708
39 847
39 847
-
pensions
5 486
5 002
1 252
-
other
2 076
1 892
1 639
-
accident
567
518
104
-
health
1 653
1 507
378
-
payroll
1 311
1 195
1 195
-
chamber of commerce
175
159
159
-
unemployment
1 311
1 195
300
-
surtax
-
-
-
-
total
12 579
11 468
5 027
-
Corporate
3 795
3 795
4 177
-
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.

949
949
1 044
-
total
949
949
1 044
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
13 000
13 000
13 000
13 000
Total tax
25 336
22 572
12 559
9 582
After tax
-12 336
-9 572
441
3 418
Living cost
31 900
31 900
31 900
31 900
Free-cash
-44 236
-41 472
-31 459
-28 482

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
-₽1171
-₽3641
-₽4552
-₽1691
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
13 000
microenterprise

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

-
-
-
130
total
-
-
-
130
Employee
17 552
-
13 000
-
income
3 511
-
2 600
-
total
3 511
-
2 600
-
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%.

-
13 000
-
-
total
-
-
-
-
Dividends
-
13 000
-
-
withholding
-
650
-
-
total
-
650
-
-
Income
13 000
13 000
13 000
13 000
Total tax
3 511
650
2 600
130
After tax
9 489
12 350
10 400
12 870
Living cost
14 041
14 041
14 041
14 041
Free-cash
-4 552
-1 691
-3 641
-1 171

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
-₽18984
-₽19461
-₽38102
-₽17869
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
13 000
unemployment
-
-
-
19
health
-
-
-
1 279
income
-
-
-
1 493
pensions
-
-
-
2 374
total
-
-
-
5 165
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
-
11 247
-
income
7 625
-
1 402
-
pensions
6 854
-
1 744
-
unemployment
63
-
15
-
health
2 856
-
727
-
total
17 398
-
3 888
-
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
-
11 247
-
pensions
3 913
-
996
-
health
2 945
-
750
-
unemployment
27
-
8
-
total
6 885
-
1 754
-
Corporate
-
13 000
-
-
income
-
2 471
-
-
total
-
2 471
-
-
Dividends
-
10 529
-
-
withholding
-
1 579
-
-
total
-
1 579
-
-
Income
13 000
13 000
13 000
13 000
Total tax
24 283
4 050
5 642
5 165
After tax
-11 283
8 950
7 358
7 835
Living cost
26 819
26 819
26 819
26 819
Free-cash
-38 102
-17 869
-19 461
-18 984

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
-₽34056
-₽43162
-₽135730
-₽35131
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 000
social contributions
-
-
-
1 482
income
-
-
-
2 534
total
-
-
-
4 016
Employee
61 714
-
599
-
income
13 613
-
-
-
social contributions
5 061
-
721
-
total
18 674
-
721
-
Employer
61 714
-
599
-
social contributions
87 016
-
12 401
-
total
87 016
-
12 401
-
Corporate
-
13 000
-
-
income
-
2 860
-
-
total
-
2 860
-
-
Dividends
-
10 140
-
-
income
-
2 231
-
-
total
-
2 231
-
-
Income
13 000
13 000
13 000
13 000
Total tax
105 690
5 091
13 122
4 016
After tax
-92 690
7 909
-122
8 984
Living cost
43 040
43 040
43 040
43 040
Free-cash
-135 730
-35 131
-43 162
-34 056

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
-₽23640
-₽23369
-₽43909
-₽23968
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
13 000
social contributions

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

-
-
-
4 518
income
-
-
-
759
surtax
-
-
-
-
total
-
-
-
5 277
Employee
45 987
-
10 505
-
income
9 565
-
1 355
-
social contributions
5 059
-
1 156
-
surtax
-
-
-
-
total
14 624
-
2 511
-
Employer
45 987
-
10 505
-
social contributions
10 922
-
2 495
-
total
10 922
-
2 495
-
Corporate
-
13 000
-
-
surtax
-
-
-
-
income
-
2 730
-
-
total
-
2 730
-
-
Dividends
-
10 270
-
-
withholding
-
2 875
-
-
total
-
2 875
-
-
Income
13 000
13 000
13 000
13 000
Total tax
25 546
5 605
5 006
5 277
After tax
-12 546
7 395
7 994
7 723
Living cost
31 363
31 363
31 363
31 363
Free-cash
-43 909
-23 968
-23 369
-23 640

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
-₽41289
-₽39787
-₽69183
-₽41740
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 000
other
-
-
-
402
social contributions
-
-
-
372
health
-
-
-
266
income
-
-
-
-
surtax
-
-
-
-
pensions
-
-
-
4 956
total
-
-
-
5 996
Employee
62 625
-
9 907
-
income
5 464
-
-
-
pensions
7 083
-
1 120
-
social contributions
1 784
-
283
-
surtax
-
-
-
-
total
14 331
-
1 403
-
Employer
62 625
-
9 907
-
pensions
10 290
-
1 626
-
other
2 161
-
342
-
health
4 383
-
693
-
unemployment
2 537
-
400
-
social contributions
188
-
30
-
total
19 559
-
3 091
-
Corporate
-
13 000
-
-
surtax
-
-
-
-
income
-
3 639
-
-
total
-
3 639
-
-
Dividends
-
9 361
-
-
surtax
-
-
-
-
social contributions
-
1 611
-
-
withholding
-
1 197
-
-
total
-
2 808
-
-
Income
13 000
13 000
13 000
13 000
Total tax
33 890
6 447
4 494
5 996
After tax
-20 890
6 553
8 506
7 004
Living cost
48 293
48 293
48 293
48 293
Free-cash
-69 183
-41 740
-39 787
-41 289

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
-₽19915
-₽19532
-₽24128
-₽18356
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 000
social contributions
-
-
-
2 859
income
-
-
-
-
total
-
-
-
2 859
Employee
32 145
-
11 256
-
social contributions
2 089
-
732
-
income
-
-
-
-
total
2 089
-
732
-
Employer
32 145
-
11 256
-
social contributions
4 983
-
1 744
-
total
4 983
-
1 744
-
Corporate
-
13 000
-
-
income
-
1 300
-
-
total
-
1 300
-
-
Dividends
-
11 700
-
-
total
-
-
-
-
Income
13 000
13 000
13 000
13 000
Total tax
7 072
1 300
2 476
2 859
After tax
5 928
11 700
10 524
10 141
Living cost
30 056
30 056
30 056
30 056
Free-cash
-24 128
-18 356
-19 532
-19 915

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
-₽37060
-₽204924
-₽204924
-₽204924
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 000
municipal
-
-
-
-
national
-
-
-
52
labour market
-
-
-
971
pensions
-
-
-
867
total
-
-
-
1 890
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
13 000
13 000
13 000
13 000
Total tax
169 754
169 754
169 754
1 890
After tax
-156 754
-156 754
-156 754
11 110
Living cost
48 170
48 170
48 170
48 170
Free-cash
-204 924
-204 924
-204 924
-37 060

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
-₽16605
-₽14726
-₽27885
-₽20538
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 000
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
1 076
pensions
-
-
-
4 145
total
-
-
-
8 014
Employee
33 964
-
10 799
-
income
4 659
-
1 481
-
pensions
3 825
-
1 216
-
health
3 889
-
1 237
-
total
12 373
-
3 934
-
Employer
33 964
-
10 799
-
pensions
5 522
-
1 756
-
accident
567
-
180
-
unemployment
832
-
265
-
total
6 921
-
2 201
-
Corporate
-
13 000
-
-
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.

-
11 700
-
-
total
-
11 700
-
-
Dividends
-
1 300
-
-
withholding
-
247
-
-
total
-
247
-
-
Income
13 000
13 000
13 000
13 000
Total tax
19 294
11 947
6 135
8 014
After tax
-6 294
1 053
6 865
4 986
Living cost
21 591
21 591
21 591
21 591
Free-cash
-27 885
-20 538
-14 726
-16 605

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
-₽27728
-₽30156
-₽49531
-₽29392
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
13 000
municipal
-
-
-
2 340
health
-
-
-
-
national
-
-
-
-
total
-
-
-
2 340
Employee
52 606
-
10 937
-
pensions
3 550
-
738
-
national
869
-
-
-
municipal
8 616
-
1 806
-
unemployment
789
-
163
-
health
393
-
-
-
total
14 217
-
2 707
-
Employer
52 606
-
10 937
-
pensions
9 127
-
1 897
-
accident
53
-
11
-
health
404
-
83
-
unemployment
342
-
70
-
total
9 926
-
2 061
-
Corporate
-
13 000
-
-
income
-
2 600
-
-
total
-
2 600
-
-
Dividends

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

-
7 800
-
-
municipal
-
1 404
-
-
national
-
-
-
-
total
-
1 404
-
-
Income
13 000
13 000
13 000
13 000
Total tax
24 143
4 004
4 768
2 340
After tax
-11 143
8 996
8 232
10 660
Living cost
38 388
38 388
38 388
38 388
Free-cash
-49 531
-29 392
-30 156
-27 728

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
-₽17050
-₽24019
-₽25579
-₽32759
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 011
social contributions
-
-
-
5 930
health
-
-
-
970
income
-
-
-
-
total
-
-
-
6 900
Employee
76 887
76 887
76 887
-
income
8 372
7 117
8 645
-
social contributions
2 907
6 381
2 152
-
health
596
1 307
440
-
total
11 875
14 805
11 237
-
Employer
76 887
76 887
76 887
-
health
647
1 423
480
-
social contributions
2 907
6 381
2 152
-
total
3 554
7 804
2 632
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
13 000
13 000
13 000
13 000
Total tax
15 429
22 609
13 869
6 900
After tax
-2 429
-9 609
-869
6 100
Living cost
23 150
23 150
23 150
23 150
Free-cash
-25 579
-32 759
-24 019
-17 050

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
-₽13150
-₽9482
-₽12314
-₽5110
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 000
unemployment
-
-
-
28
health
-
-
-
3 618
income
-
-
-
269
pensions
-
-
-
6 360
total
-
-
-
10 275
Employee

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

22 951
-
11 205
-
income
1 569
-
632
-
pensions
3 442
-
2 613
-
unemployment
114
-
87
-
health
1 951
-
1 480
-
total
7 076
-
4 812
-
Employer

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

22 951
-
11 205
-
pensions
1 262
-
958
-
health
987
-
750
-
unemployment
114
-
87
-
total
2 363
-
1 795
-
Corporate
-
13 000
-
-
income
-
1 171
-
-
total
-
1 171
-
-
Dividends
-
11 829
-
-
withholding
-
1 064
-
-
total
-
1 064
-
-
Income
13 000
13 000
13 000
13 000
Total tax
9 439
2 235
6 607
10 275
After tax
3 561
10 765
6 393
2 725
Living cost
15 875
15 875
15 875
15 875
Free-cash
-12 314
-5 110
-9 482
-13 150

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
-₽22191
-₽27306
-₽35758
-₽18546
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 000
other
-
-
-
21
unemployment
-
-
-
150
accident
-
-
-
194
income
-
-
-
1 245
pensions
-
-
-
6 085
total
-
-
-
7 695
Employee
36 972
-
2 355
-
income
7 128
-
44
-
pensions
1 738
-
1 569
-
unemployment
573
-
518
-
other
36
-
34
-
total
9 475
-
2 165
-
Employer
36 972
-
2 355
-
pensions
8 725
-
7 880
-
other
296
-
268
-
accident
732
-
660
-
unemployment
2 034
-
1 837
-
total
11 787
-
10 645
-
Corporate
-
13 000
-
-
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.

-
1 951
-
-
total
-
1 951
-
-
Dividends
-
11 049
-
-
withholding
-
2 099
-
-
total
-
2 099
-
-
Income
13 000
13 000
13 000
13 000
Total tax
21 262
4 050
12 810
7 695
After tax
-8 262
8 950
190
5 305
Living cost
27 496
27 496
27 496
27 496
Free-cash
-35 758
-18 546
-27 306
-22 191

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
₽4104
₽3908
₽4924
₽5374
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 000
health
-
-
-
1 448
income
-
-
-
2 713
pensions
-
-
-
1 997
total
-
-
-
6 158
Employee
4 171
-
10 753
-
income
807
-
2 608
-
pensions
375
-
899
-
unemployment
42
-
100
-
health
209
-
499
-
total
1 433
-
4 106
-
Employer
4 171
-
10 753
-
pensions
459
-
1 099
-
health
396
-
949
-
unemployment
83
-
200
-
total
938
-
2 248
-
Corporate
7 891
13 000
-
-
income
1 736
2 860
-
-
total
1 736
2 860
-
-
Dividends
6 155
10 140
-
-
withholding
1 231
2 028
-
-
total
1 231
2 028
-
-
Income
13 000
13 000
13 000
13 000
Total tax
5 338
4 888
6 354
6 158
After tax
7 662
8 112
6 646
6 842
Living cost
2 738
2 738
2 738
2 738
Free-cash
4 924
5 374
3 908
4 104

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
-₽9718
-₽9048
-₽17745
-₽7901
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
13 000
unemployment
-
-
-
195
health
-
-
-
1 339
income
-
-
-
511
pensions
-
-
-
3 380
total
-
-
-
5 425
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
-
11 026
-
income
3 594
-
586
-
pensions
3 651
-
1 544
-
unemployment
196
-
83
-
health
1 343
-
568
-
total
8 784
-
2 781
-
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
-
11 026
-
pensions
3 129
-
1 323
-
health
1 343
-
568
-
unemployment
196
-
83
-
total
4 668
-
1 974
-
Corporate
-
13 000
-
-
income
-
1 950
-
-
total
-
1 950
-
-
Dividends
-
11 050
-
-
withholding
-
1 658
-
-
total
-
1 658
-
-
Income
13 000
13 000
13 000
13 000
Total tax
13 452
3 608
4 755
5 425
After tax
-452
9 392
8 245
7 575
Living cost
17 293
17 293
17 293
17 293
Free-cash
-17 745
-7 901
-9 048
-9 718

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
-₽19233
-₽18962
-₽35024
-₽19561
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
13 000
social contributions

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

-
-
-
4 518
income
-
-
-
759
surtax
-
-
-
-
total
-
-
-
5 277
Employee
38 808
-
10 505
-
income
7 583
-
1 355
-
social contributions
4 269
-
1 156
-
surtax
-
-
-
-
total
11 852
-
2 511
-
Employer
38 808
-
10 505
-
social contributions
9 216
-
2 495
-
total
9 216
-
2 495
-
Corporate
-
13 000
-
-
surtax
-
-
-
-
income
-
2 730
-
-
total
-
2 730
-
-
Dividends
-
10 270
-
-
withholding
-
2 875
-
-
total
-
2 875
-
-
Income
13 000
13 000
13 000
13 000
Total tax
21 068
5 605
5 006
5 277
After tax
-8 068
7 395
7 994
7 723
Living cost
26 956
26 956
26 956
26 956
Free-cash
-35 024
-19 561
-18 962
-19 233

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
-₽29835
-₽34950
-₽50685
-₽26190
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 000
other
-
-
-
21
unemployment
-
-
-
150
accident
-
-
-
194
income
-
-
-
1 245
pensions
-
-
-
6 085
total
-
-
-
7 695
Employee
48 290
-
2 355
-
income
10 086
-
44
-
pensions
2 269
-
1 569
-
unemployment
748
-
518
-
other
47
-
34
-
total
13 150
-
2 165
-
Employer
48 290
-
2 355
-
pensions
11 396
-
7 880
-
other
387
-
268
-
accident
956
-
660
-
unemployment
2 656
-
1 837
-
total
15 395
-
10 645
-
Corporate
-
13 000
-
-
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.

-
1 951
-
-
total
-
1 951
-
-
Dividends
-
11 049
-
-
withholding
-
2 099
-
-
total
-
2 099
-
-
Income
13 000
13 000
13 000
13 000
Total tax
28 545
4 050
12 810
7 695
After tax
-15 545
8 950
190
5 305
Living cost
35 140
35 140
35 140
35 140
Free-cash
-50 685
-26 190
-34 950
-29 835

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
-₽9618
-₽8989
-₽14239
-₽6082
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 000
unemployment
-
-
-
52
health
-
-
-
1 495
income
-
-
-
1 950
pensions

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

-
-
-
1 924
total
-
-
-
5 421
Employee
22 772
-
10 868
-
income
2 278
-
1 086
-
pensions

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

1 999
-
954
-
health
1 048
-
501
-
accident

We are using the highest rate at 1.1%.

250
-
119
-
total
5 575
-
2 660
-
Employer
22 772
-
10 868
-
pensions

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

2 509
-
1 198
-
accident

We are using the highest rate at 1.1%.

250
-
119
-
health
1 571
-
750
-
unemployment
137
-
65
-
total
4 467
-
2 132
-
Corporate
-
13 000
-
-
income
-
1 300
-
-
total
-
1 300
-
-
Dividends
-
11 700
-
-
withholding
-
585
-
-
total
-
585
-
-
Income
13 000
13 000
13 000
13 000
Total tax
10 042
1 885
4 792
5 421
After tax
2 958
11 115
8 208
7 579
Living cost
17 197
17 197
17 197
17 197
Free-cash
-14 239
-6 082
-8 989
-9 618

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
-₽32434
-₽32434
-₽36751
-₽31646
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
13 000
trade
-
-
-
-
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.

-
-
-
-
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.

-
-
-
-
total
-
-
-
6 831
Employee

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

49 751
-
13 000
-
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
-
-
-
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
-
-
-
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
-
6 831
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
13 000
-
-
trade
-
1 865
-
-
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.

-
108
-
-
income
-
1 951
-
-
chamber of commerce
-
171
-
-
total
-
4 095
-
-
Dividends
-
8 905
-
-
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.

-
102
-
-
withholding
-
1 846
-
-
total
-
1 948
-
-
Income
13 000
13 000
13 000
13 000
Total tax
11 148
6 043
6 831
6 831
After tax
1 852
6 957
6 169
6 169
Living cost
38 603
38 603
38 603
38 603
Free-cash
-36 751
-31 646
-32 434
-32 434

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
-₽43958
-₽43958
-₽65215
-₽47857
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 000
social contributions
-
-
-
140
income
-
-
-
-140
total
-
-
-
-
Employee
78 213
-
13 000
-
social contributions
6 498
-
140
-
income
14 759
-
-140
-
total
21 257
-
-
-
Employer
78 213
-
13 000
-
total
-
-
-
-
Corporate
-
13 000
-
-
income
-
1 624
-
-
total
-
1 624
-
-
Dividends
-
11 376
-
-
withholding
-
2 275
-
-
total
-
2 275
-
-
Income
13 000
13 000
13 000
13 000
Total tax
21 257
3 899
-
-
After tax
-8 257
9 101
13 000
13 000
Living cost
56 958
56 958
56 958
56 958
Free-cash
-65 215
-47 857
-43 958
-43 958

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
-₽58433
-₽26772
-₽40450
-₽30831
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
13 000
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
-
11 262
-
social contributions
4 596
-
1 738
-
income
4 977
-
-
-
total
9 573
-
1 738
-
Employer
45 869
-
11 262
-
social contributions
4 596
-
1 738
-
total
4 596
-
1 738
-
Corporate
-
13 000
-
-
income
-
4 550
-
-
total
-
4 550
-
-
Dividends
-
8 450
-
-
social contributions
2 985
2 985
-
-
total
2 985
2 985
-
-
Income
13 000
13 000
13 000
13 000
Total tax
17 154
7 535
3 476
35 137
After tax
-4 154
5 465
9 524
-22 137
Living cost
36 296
36 296
36 296
36 296
Free-cash
-40 450
-30 831
-26 772
-58 433

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
-₽26952
-₽27144
-₽44425
-₽27612
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 000
income
-
-
-
2 600
pensions
-
-
-
-
total
-
-
-
2 600
Employee
51 271
-
12 759
-
income
9 337
-
2 551
-
pensions
3 913
-
-
-
health
669
-
-
-
total
13 919
-
2 551
-
Employer
51 271
-
12 759
-
pensions
5 180
-
-
-
health
974
-
241
-
total
6 154
-
241
-
Corporate
-
13 000
-
-
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.

-
2 469
-
-
total
-
2 469
-
-
Dividends
-
10 531
-
-
withholding
-
791
-
-
total
-
791
-
-
Income
13 000
13 000
13 000
13 000
Total tax
20 073
3 260
2 792
2 600
After tax
-7 073
9 740
10 208
10 400
Living cost
37 352
37 352
37 352
37 352
Free-cash
-44 425
-27 612
-27 144
-26 952

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
-₽18742
-₽16863
-₽31932
-₽22675
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 000
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
1 076
pensions
-
-
-
4 145
total
-
-
-
8 014
Employee
37 325
-
10 799
-
income
5 121
-
1 481
-
pensions
4 203
-
1 216
-
health
4 274
-
1 237
-
total
13 598
-
3 934
-
Employer
37 325
-
10 799
-
pensions
6 069
-
1 756
-
accident
623
-
180
-
unemployment
914
-
265
-
total
7 606
-
2 201
-
Corporate
-
13 000
-
-
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.

-
11 700
-
-
total
-
11 700
-
-
Dividends
-
1 300
-
-
withholding
-
247
-
-
total
-
247
-
-
Income
13 000
13 000
13 000
13 000
Total tax
21 204
11 947
6 135
8 014
After tax
-8 204
1 053
6 865
4 986
Living cost
23 728
23 728
23 728
23 728
Free-cash
-31 932
-22 675
-16 863
-18 742

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

Close
Skopje , Macedonia
-₽5376
-₽5376
-₽8601
-₽2451
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
13 000
work injury
-
-
-
65
unemployment
-
-
-
156
income
-
-
-
1 300
health insurance
-
-
-
962
pensions
-
-
-
2 392
total
-
-
-
4 875
Employee

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

21 601
-
13 000
-
income
2 160
-
1 300
-
work injury
108
-
65
-
pensions
3 975
-
2 392
-
unemployment
259
-
156
-
health insurance
1 598
-
962
-
total
8 100
-
4 875
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
13 000
-
-
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
-
13 000
-
-
withholding
-
1 950
-
-
total
-
1 950
-
-
Income
13 000
13 000
13 000
13 000
Total tax
8 100
1 950
4 875
4 875
After tax
4 900
11 050
8 125
8 125
Living cost
13 501
13 501
13 501
13 501
Free-cash
-8 601
-2 451
-5 376
-5 376

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

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Rome , Italy
-₽35927
-₽37719
-₽71258
-₽32984
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 000
social contributions
-
-
-
7 749
municipal
-
-
-
47
national
-
-
-
1 207
regional
-
-
-
91
total
-
-
-
9 094
Employee
84 257
-
13 000
-
national
14 239
-
653
-
social contributions
28 411
-
10 159
-
municipal
503
-
25
-
regional
1 272
-
49
-
total
44 425
-
10 886
-
Employer
84 257
-
13 000
-
total
-
-
-
-
Corporate
-
13 000
-
-
nationa
-
3 119
-
-
municipal
-
626
-
-
total
-
3 745
-
-
Dividends
-
9 254
-
-
withholding
-
2 406
-
-
total
-
2 406
-
-
Income
13 000
13 000
13 000
13 000
Total tax
44 425
6 151
10 886
9 094
After tax
-31 425
6 849
2 114
3 906
Living cost
39 833
39 833
39 833
39 833
Free-cash
-71 258
-32 984
-37 719
-35 927

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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