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
₽ 13500
per

Your estimated
City
free-cash

Dresden , Germany
-₽22630
-₽22900
-₽24006
-₽22900
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
13 500
health

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

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

-
-
-
6 699
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.

-
-
-
-
trade
-
-
-
-
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
-
-
-
6 699
Employee

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

37 505
-
13 500
-
surtax

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

58
-
-
-
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.

1 048
-
-
-
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.

6 699
-
6 699
-
total
7 805
-
6 699
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
13 500
-
-
trade
-
2 127
-
-
chamber of commerce
-
167
-
-
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.

-
112
-
-
income
-
2 025
-
-
total
-
4 431
-
-
Dividends
-
9 069
-
-
withholding
-
1 894
-
-
surtax

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

-
104
-
-
total
-
1 998
-
-
Income
13 500
13 500
13 500
13 500
Total tax
7 805
6 429
6 699
6 699
After tax
5 695
7 071
6 801
6 801
Living cost
29 701
29 701
29 701
29 701
Free-cash
-24 006
-22 630
-22 900
-22 900

Estimated living cost  is ₽29701 per week

₽18683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3463
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7000
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽43293
-₽40646
-₽73947
-₽40752
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
social contributions
-
-
-
145
national
-
-
-
468
pensions
-
-
-
1 620
municipal
-
-
-
302
total
-
-
-
2 535
Employee
80 170
-
11 671
-
national
15 345
-
549
-
municipal
9 902
-
354
-
pensions
3 207
-
467
-
total
28 454
-
1 370
-
Employer
80 170
-
11 671
-
pensions
6 414
-
934
-
social contributions
862
-
125
-
total
7 276
-
1 059
-
Corporate
-
13 500
-
-
income

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

-
2 700
-
-
total
-
2 700
-
-
Dividends
-
10 800
-
-
withholding
-
2 376
-
-
total
-
2 376
-
-
Income
13 500
13 500
13 500
13 500
Total tax
35 730
5 076
2 429
2 535
After tax
-22 230
8 424
11 071
10 965
Living cost
51 717
51 717
51 717
51 717
Free-cash
-73 947
-43 293
-40 646
-40 752

Estimated living cost  is ₽51717 per week

₽35151
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽774
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10984
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9600
-₽12654
-₽22055
-₽12012
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
13 500
microenterprise
-
-
-
2 025
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.

-
-
-
3 087
income
-
-
-
-
surtax
-
-
-
-
total
-
-
-
5 112
Employee
28 653
-
10 880
-
surtax
-
-
-
-
income
5 101
-
1 937
-
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.

3 152
-
1 197
-
total
8 253
-
3 134
-
Employer
28 653
-
10 880
-
surtax
-
-
-
-
social contributions

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

6 902
-
2 620
-
total
6 902
-
2 620
-
Corporate
-
13 500
-
-
income

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

-
2 700
-
-
total
-
2 700
-
-
Dividends

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

-
10 800
-
-
total
-
-
-
-
Income
13 500
13 500
13 500
13 500
Total tax
15 155
2 700
5 754
5 112
After tax
-1 655
10 800
7 746
8 388
Living cost
20 400
20 400
20 400
20 400
Free-cash
-22 055
-9 600
-12 654
-12 012

Estimated living cost  is ₽20400 per week

₽13015
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4980
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽78369
-₽83874
-₽83874
-₽33296
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
health
-
-
-
2 073
income
-
-
-
1 215
pensions
-
-
-
2 430
total
-
-
-
5 718
Employee
83 737
83 737
83 737
-
income

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

13 706
13 706
13 706
-
pensions
15 073
11 489
15 073
-
health
12 853
10 932
12 853
-
total
41 632
36 127
41 632
-
Employer
83 737
83 737
83 737
-
unemployment
3 015
3 015
3 015
-
pensions
5 828
5 828
5 828
-
health
5 821
5 821
5 821
-
total
14 664
14 664
14 664
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
13 500
13 500
13 500
13 500
Total tax
56 296
50 791
56 296
5 718
After tax
-42 796
-37 291
-42 796
7 782
Living cost
41 078
41 078
41 078
41 078
Free-cash
-83 874
-78 369
-83 874
-33 296

Estimated living cost  is ₽41078 per week

₽29111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3703
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽33559
-₽33721
-₽63146
-₽34200
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
health
-
-
-
842
national
-
-
-
-
pensions
-
-
-
1 459
unemployment
-
-
-
13
other
-
-
-
1 569
accident
-
-
-
27
municipal
-
-
-
2 860
total
-
-
-
6 770
Employee
58 321
-
10 272
-
national
-
-
-
-
municipal
17 391
-
3 063
-
total
17 391
-
3 063
-
Employer
58 321
-
10 272
-
unemployment
1 540
-
271
-
pensions
6 304
-
1 110
-
accident
117
-
21
-
other
6 777
-
1 194
-
health
3 587
-
632
-
total
18 325
-
3 228
-
Corporate
-
13 500
-
-
income
-
2 970
-
-
total
-
2 970
-
-
Dividends
-
10 530
-
-
withholding
-
3 159
-
-
total
-
3 159
-
-
Income
13 500
13 500
13 500
13 500
Total tax
35 716
6 129
6 291
6 770
After tax
-22 216
7 371
7 209
6 730
Living cost
40 930
40 930
40 930
40 930
Free-cash
-63 146
-33 559
-33 721
-34 200

Estimated living cost  is ₽40930 per week

₽27126
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4016
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽622
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9165
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31519
-₽31720
-₽36226
-₽31720
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
13 500
health

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

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

-
-
-
6 699
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.

-
-
-
-
trade
-
-
-
-
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
-
-
-
6 699
Employee

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

49 727
-
13 500
-
surtax

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

234
-
-
-
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.

4 272
-
-
-
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.

6 699
-
6 699
-
total
11 205
-
6 699
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
13 500
-
-
trade
-
2 220
-
-
chamber of commerce
-
167
-
-
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.

-
112
-
-
income
-
2 025
-
-
total
-
4 524
-
-
Dividends
-
8 976
-
-
withholding
-
1 872
-
-
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
-
-
total
-
1 974
-
-
Income
13 500
13 500
13 500
13 500
Total tax
11 205
6 498
6 699
6 699
After tax
2 295
7 002
6 801
6 801
Living cost
38 521
38 521
38 521
38 521
Free-cash
-36 226
-31 519
-31 720
-31 720

Estimated living cost  is ₽38521 per week

₽25763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4062
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.
₽8121
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽40479
-₽31906
-₽35118
-₽25071
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 277
health
-
-
-
951
social contributions
-
-
-
5 815
income
-
-
-
-
total
-
-
-
6 766
Employee
75 402
75 402
75 402
-
income
7 918
6 980
8 478
-
social contributions
3 664
6 258
2 110
-
health
750
1 282
432
-
total
12 332
14 520
11 020
-
Employer
75 402
75 402
75 402
-
social contributions
3 664
6 258
2 110
-
health
817
1 396
471
-
total
4 481
7 654
2 581
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
13 500
13 500
13 500
13 500
Total tax
16 813
22 174
13 601
6 766
After tax
-3 313
-8 674
-101
6 734
Living cost
31 805
31 805
31 805
31 805
Free-cash
-35 118
-40 479
-31 906
-25 071

Estimated living cost  is ₽31805 per week

₽21742
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2484
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7045
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9991
-₽10028
-₽17299
-₽8501
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
health
-
-
-
945
income
-
-
-
1 650
pensions
-
-
-
1 350
unemployment
-
-
-
202
total
-
-
-
4 147
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.

25 773
10 257
11 297
-
unemployment
387
154
169
-
income
3 151
1 254
1 381
-
pensions
2 577
1 026
1 130
-
health
1 804
718
791
-
total
7 919
3 152
3 471
-
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.

25 773
10 257
11 297
-
pensions
5 026
2 000
2 203
-
total
5 026
2 000
2 203
-
Corporate
-
1 242
-
-
income
-
112
-
-
total
-
112
-
-
Dividends
-
1 131
-
-
withholding
-
215
-
-
social contributions
-
158
-
-
total
-
373
-
-
Income
13 500
13 500
13 500
13 500
Total tax
12 945
5 637
5 674
4 147
After tax
555
7 863
7 826
9 353
Living cost
17 854
17 854
17 854
17 854
Free-cash
-17 299
-9 991
-10 028
-8 501

Estimated living cost  is ₽17854 per week

₽12184
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1461
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽357
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3853
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12885
-₽14360
-₽23721
-₽14640
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
health
-
-
-
1 755
income
-
-
-
-
pensions
-
-
-
2 700
total
-
-
-
4 455
Employee
27 817
-
9 726
-
unemployment
445
-
179
-
income
3 132
-
-
-
pensions
556
-
223
-
total
4 133
-
402
-
Employer
27 817
-
9 726
-
unemployment
223
-
89
-
pensions
5 564
-
2 233
-
health
3 616
-
1 451
-
total
9 403
-
3 773
-
Corporate
-
13 500
-
-
income
-
2 700
-
-
total
-
2 700
-
-
Dividends
-
10 800
-
-
total
-
-
-
-
Income
13 500
13 500
13 500
13 500
Total tax
13 536
2 700
4 175
4 455
After tax
-36
10 800
9 325
9 045
Living cost
23 685
23 685
23 685
23 685
Free-cash
-23 721
-12 885
-14 360
-14 640

Estimated living cost  is ₽23685 per week

₽16245
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1411
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20622
-₽14585
-₽27620
-₽16266
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
health
-
-
-
2 153
income
-
-
-
1 176
pensions
-
-
-
4 107
other
-
-
-
366
accident
-
-
-
249
total
-
-
-
8 051
Employee
34 159
-
11 214
-
income
4 686
-
1 538
-
pensions
3 846
-
1 263
-
health
3 911
-
1 284
-
total
12 443
-
4 085
-
Employer
34 159
-
11 214
-
unemployment
837
-
275
-
pensions
5 555
-
1 823
-
accident
570
-
187
-
total
6 962
-
2 285
-
Corporate
-
13 500
-
-
income

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

-
12 150
-
-
total
-
12 150
-
-
Dividends
-
1 350
-
-
withholding
-
257
-
-
total
-
257
-
-
Income
13 500
13 500
13 500
13 500
Total tax
19 405
12 407
6 370
8 051
After tax
-5 905
1 093
7 130
5 449
Living cost
21 715
21 715
21 715
21 715
Free-cash
-27 620
-20 622
-14 585
-16 266

Estimated living cost  is ₽21715 per week

₽15915
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1203
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4746
₽2721
₽3232
₽5286
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
13 500
microenterprise

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

-
-
-
135
total
-
-
-
135
Employee
10 098
-
13 500
-
income
2 019
-
2 700
-
total
2 019
-
2 700
-
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%.

3 402
13 500
-
-
total
-
-
-
-
Dividends
3 402
13 500
-
-
withholding
170
675
-
-
total
170
675
-
-
Income
13 500
13 500
13 500
13 500
Total tax
2 189
675
2 700
135
After tax
11 311
12 825
10 800
13 365
Living cost
8 079
8 079
8 079
8 079
Free-cash
3 232
4 746
2 721
5 286

Estimated living cost  is ₽8079 per week

₽5006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽222
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2178
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16210
-₽18215
-₽31077
-₽18818
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
health
-
-
-
594
income
-
-
-
1 714
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.

-
-
-
3 240
other
-
-
-
642
total
-
-
-
6 190
Employee
35 604
-
10 785
-
unemployment
355
-
108
-
income
6 130
-
1 857
-
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.

2 492
-
755
-
health
499
-
151
-
total
9 476
-
2 871
-
Employer
35 604
-
10 785
-
unemployment
355
-
108
-
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.

6 053
-
1 833
-
accident
285
-
86
-
other
1 781
-
538
-
health
499
-
151
-
total
8 973
-
2 716
-
Corporate
-
13 500
-
-
income
-
2 836
-
-
total
-
2 836
-
-
Dividends
-
10 664
-
-
withholding
-
746
-
-
total
-
746
-
-
Income
13 500
13 500
13 500
13 500
Total tax
18 449
3 582
5 587
6 190
After tax
-4 949
9 918
7 913
7 310
Living cost
26 128
26 128
26 128
26 128
Free-cash
-31 077
-16 210
-18 215
-18 818

Estimated living cost  is ₽26128 per week

₽18461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1764
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.
₽5482
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽55339
-₽54856
-₽91803
-₽54910
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
income
-
-
-
2 636
pensions
-
-
-
319
total
-
-
-
2 955
Employee
92 610
-
13 248
-
income
16 694
-
2 649
-
pensions
8 934
-
-
-
health
1 526
-
-
-
total
27 154
-
2 649
-
Employer
92 610
-
13 248
-
pensions
10 935
-
-
-
health
1 759
-
252
-
total
12 694
-
252
-
Corporate
-
13 500
-
-
income

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

-
2 565
-
-
total
-
2 565
-
-
Dividends
-
10 935
-
-
withholding
-
819
-
-
total
-
819
-
-
Income
13 500
13 500
13 500
13 500
Total tax
39 848
3 384
2 901
2 955
After tax
-26 348
10 116
10 599
10 545
Living cost
65 455
65 455
65 455
65 455
Free-cash
-91 803
-55 339
-54 856
-54 910

Estimated living cost  is ₽65455 per week

₽49047
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7691
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽1201
-₽4222
-₽6687
-₽4873
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
health
-
-
-
1 552
income
-
-
-
2 025
pensions

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

-
-
-
1 998
unemployment
-
-
-
54
total
-
-
-
5 629
Employee
16 874
-
11 286
-
income
1 687
-
1 129
-
accident

We are using the highest rate at 1.1%.

186
-
124
-
pensions

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

1 482
-
991
-
health
776
-
520
-
total
4 131
-
2 764
-
Employer
16 874
-
11 286
-
unemployment
101
-
68
-
pensions

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

1 860
-
1 244
-
accident

We are using the highest rate at 1.1%.

186
-
124
-
health
1 165
-
778
-
total
3 312
-
2 214
-
Corporate
-
13 500
-
-
income
-
1 350
-
-
total
-
1 350
-
-
Dividends
-
12 150
-
-
withholding
-
607
-
-
total
-
607
-
-
Income
13 500
13 500
13 500
13 500
Total tax
7 443
1 957
4 978
5 629
After tax
6 057
11 543
8 522
7 871
Living cost
12 744
12 744
12 744
12 744
Free-cash
-6 687
-1 201
-4 222
-4 873

Estimated living cost  is ₽12744 per week

₽7440
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽910
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽338
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽91666
-₽97171
-₽93330
-₽46593
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
health
-
-
-
2 073
income
-
-
-
1 215
pensions
-
-
-
2 430
total
-
-
-
5 718
Employee
90 912
83 737
83 737
-
income

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

13 706
13 706
13 706
-
pensions
11 489
11 489
15 073
-
health
11 342
10 932
12 853
-
total
36 537
36 127
41 632
-
Employer
90 912
83 737
83 737
-
unemployment
3 273
3 015
3 015
-
pensions
6 327
5 828
5 828
-
health
6 318
5 821
5 821
-
total
15 918
14 664
14 664
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
13 500
13 500
13 500
13 500
Total tax
52 455
50 791
56 296
5 718
After tax
-38 955
-37 291
-42 796
7 782
Living cost
54 375
54 375
54 375
54 375
Free-cash
-93 330
-91 666
-97 171
-46 593

Estimated living cost  is ₽54375 per week

₽40110
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽623
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14884
-₽17329
-₽34146
-₽17603
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
health
-
-
-
1 822
social contributions
-
-
-
3 942
income
-
-
-
1 160
solidarity contribution
-
-
-
-
total
-
-
-
6 924
Employee
35 557
-
10 075
-
income
4 267
-
1 209
-
solidarity contribution
-
-
-
-
social contributions
2 311
-
655
-
health
4 800
-
1 360
-
total
11 378
-
3 224
-
Employer
35 557
-
10 075
-
social contributions
8 889
-
2 519
-
health
3 200
-
907
-
total
12 089
-
3 426
-
Corporate
-
13 500
-
-
income
-
2 565
-
-
total
-
2 565
-
-
Dividends
-
10 935
-
-
withholding
-
1 640
-
-
total
-
1 640
-
-
Income
13 500
13 500
13 500
13 500
Total tax
23 467
4 205
6 650
6 924
After tax
-9 967
9 295
6 850
6 576
Living cost
24 179
24 179
24 179
24 179
Free-cash
-34 146
-14 884
-17 329
-17 603

Estimated living cost  is ₽24179 per week

₽16795
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5188
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽34175
-₽38724
-₽73647
-₽36954
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
social contributions
-
-
-
7 600
national
-
-
-
1 357
regional
-
-
-
73
municipal
-
-
-
47
total
-
-
-
9 077
Employee
87 148
-
13 500
-
regional
822
-
43
-
national
15 101
-
813
-
municipal
461
-
28
-
social contributions
29 386
-
9 963
-
total
45 770
-
10 847
-
Employer
87 148
-
13 500
-
total
-
-
-
-
Corporate
-
13 500
-
-
nationa
-
3 240
-
-
municipal
-
527
-
-
total
-
3 767
-
-
Dividends
-
9 734
-
-
withholding
-
2 531
-
-
total
-
2 531
-
-
Income
13 500
13 500
13 500
13 500
Total tax
45 770
6 298
10 847
9 077
After tax
-32 270
7 202
2 653
4 423
Living cost
41 377
41 377
41 377
41 377
Free-cash
-73 647
-34 175
-38 724
-36 954

Estimated living cost  is ₽41377 per week

₽28843
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2713
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽635
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9185
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13146
-₽14735
-₽25752
-₽13943
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
health
-
-
-
958
income
-
-
-
1 924
pensions
-
-
-
2 700
unemployment
-
-
-
223
other
-
-
-
-
surtax
-
-
-
-
total
-
-
-
5 805
Employee
32 427
-
10 746
-
surtax
106
-
-
-
unemployment
2 257
-
910
-
income
5 435
-
1 727
-
pensions
2 162
-
873
-
health
828
-
333
-
other
-
-
-
-
total
10 788
-
3 843
-
Employer
32 427
-
10 746
-
unemployment
1 027
-
415
-
pensions
4 323
-
1 744
-
other
-
-
-
-
health
1 476
-
595
-
total
6 826
-
2 754
-
Corporate
-
13 500
-
-
income
-
3 510
-
-
total
-
3 510
-
-
Dividends
-
9 990
-
-
withholding
-
1 498
-
-
total
-
1 498
-
-
Income
13 500
13 500
13 500
13 500
Total tax
17 614
5 008
6 597
5 805
After tax
-4 114
8 492
6 903
7 695
Living cost
21 638
21 638
21 638
21 638
Free-cash
-25 752
-13 146
-14 735
-13 943

Estimated living cost  is ₽21638 per week

₽13231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5912
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽34601
-₽34118
-₽56462
-₽34172
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
income
-
-
-
2 636
pensions
-
-
-
319
total
-
-
-
2 955
Employee
62 064
-
13 248
-
income
11 178
-
2 649
-
pensions
5 268
-
-
-
health
901
-
-
-
total
17 347
-
2 649
-
Employer
62 064
-
13 248
-
pensions
6 719
-
-
-
health
1 179
-
252
-
total
7 898
-
252
-
Corporate
-
13 500
-
-
income

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

-
2 565
-
-
total
-
2 565
-
-
Dividends
-
10 935
-
-
withholding
-
819
-
-
total
-
819
-
-
Income
13 500
13 500
13 500
13 500
Total tax
25 245
3 384
2 901
2 955
After tax
-11 745
10 116
10 599
10 545
Living cost
44 717
44 717
44 717
44 717
Free-cash
-56 462
-34 601
-34 118
-34 172

Estimated living cost  is ₽44717 per week

₽33502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3352
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7395
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽73425
-₽71061
-₽88525
-₽68008
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
health
-
-
-
260
national
-
-
-
-
pensions
-
-
-
1 241
regional
-
-
-
-
city
-
-
-
139
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.

-
-
-
270
total
-
-
-
1 910
Employee
93 150
-
10 842
-
regional
3 050
-
-
-
national
441
-
-
-
unemployment
-
-
-
-
pensions
7 826
-
2 298
-
health
211
-
25
-
city
1 000
-
100
-
total
12 528
-
2 423
-
Employer
93 150
-
10 842
-
unemployment
-
-
-
-
pensions
7 826
-
2 298
-
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.

1 862
-
217
-
health
211
-
25
-
total
9 899
-
2 540
-
Corporate
-
13 500
-
-
national
-
1 147
-
-
regional
-
2 856
-
-
total
-
4 003
-
-
Dividends
-
9 497
-
-
withholding
-
3 324
-
-
total
-
3 324
-
-
Income
13 500
13 500
13 500
13 500
Total tax
22 427
7 327
4 963
1 910
After tax
-8 927
6 173
8 537
11 590
Living cost
79 598
79 598
79 598
79 598
Free-cash
-88 525
-73 425
-71 061
-68 008

Estimated living cost  is ₽79598 per week

₽51762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7143
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽977
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽37990
-₽38120
-₽45431
-₽38120
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
13 500
health

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

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

-
-
-
6 699
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.

-
-
-
-
trade
-
-
-
-
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
-
-
-
6 699
Employee

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

58 931
-
13 500
-
surtax

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

381
-
-
-
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.

6 930
-
-
-
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.

6 699
-
6 699
-
total
14 010
-
6 699
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
13 500
-
-
trade
-
2 315
-
-
chamber of commerce
-
167
-
-
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.

-
112
-
-
income
-
2 025
-
-
total
-
4 619
-
-
Dividends
-
8 881
-
-
withholding
-
1 848
-
-
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
-
-
total
-
1 950
-
-
Income
13 500
13 500
13 500
13 500
Total tax
14 010
6 569
6 699
6 699
After tax
-510
6 931
6 801
6 801
Living cost
44 921
44 921
44 921
44 921
Free-cash
-45 431
-37 990
-38 120
-38 120

Estimated living cost  is ₽44921 per week

₽32808
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3593
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.
₽7936
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26746
-₽24719
-₽41574
-₽26170
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
health
-
-
-
261
social contributions
-
-
-
385
income
-
-
-
-
pensions
-
-
-
5 056
other
-
-
-
419
surtax
-
-
-
-
total
-
-
-
6 121
Employee
41 967
-
10 284
-
surtax
-
-
-
-
income
2 477
-
-
-
social contributions
1 197
-
292
-
pensions
4 745
-
1 163
-
total
8 419
-
1 455
-
Employer
41 967
-
10 284
-
unemployment
1 699
-
417
-
pensions
6 894
-
1 691
-
social contributions
127
-
32
-
other
1 448
-
355
-
health
2 938
-
720
-
total
13 106
-
3 215
-
Corporate
-
13 500
-
-
surtax
-
-
-
-
income
-
3 779
-
-
total
-
3 779
-
-
Dividends
-
9 721
-
-
withholding
-
1 245
-
-
surtax
-
-
-
-
social contributions
-
1 673
-
-
total
-
2 918
-
-
Income
13 500
13 500
13 500
13 500
Total tax
21 525
6 697
4 670
6 121
After tax
-8 025
6 803
8 830
7 379
Living cost
33 549
33 549
33 549
33 549
Free-cash
-41 574
-26 746
-24 719
-26 170

Estimated living cost  is ₽33549 per week

₽21154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2728
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.
₽9098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23422
-₽21395
-₽35662
-₽22846
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
health
-
-
-
261
social contributions
-
-
-
385
income
-
-
-
-
pensions
-
-
-
5 056
other
-
-
-
419
surtax
-
-
-
-
total
-
-
-
6 121
Employee
37 462
-
10 284
-
surtax
-
-
-
-
income
1 932
-
-
-
social contributions
1 068
-
292
-
pensions
4 237
-
1 163
-
total
7 237
-
1 455
-
Employer
37 462
-
10 284
-
unemployment
1 517
-
417
-
pensions
6 156
-
1 691
-
social contributions
112
-
32
-
other
1 293
-
355
-
health
2 622
-
720
-
total
11 700
-
3 215
-
Corporate
-
13 500
-
-
surtax
-
-
-
-
income
-
3 779
-
-
total
-
3 779
-
-
Dividends
-
9 721
-
-
withholding
-
1 245
-
-
surtax
-
-
-
-
social contributions
-
1 673
-
-
total
-
2 918
-
-
Income
13 500
13 500
13 500
13 500
Total tax
18 937
6 697
4 670
6 121
After tax
-5 437
6 803
8 830
7 379
Living cost
30 225
30 225
30 225
30 225
Free-cash
-35 662
-23 422
-21 395
-22 846

Estimated living cost  is ₽30225 per week

₽17529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3070
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12557
-₽12463
-₽22322
-₽12123
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
health
-
-
-
942
social contributions
-
-
-
1 863
income
-
-
-
2 025
total
-
-
-
4 830
Employee
33 247
-
13 500
-
income
5 545
-
2 365
-
social contributions
4 589
-
1 863
-
health
2 320
-
942
-
total
12 454
-
5 170
-
Employer
33 247
-
13 500
-
total
-
-
-
-
Corporate
-
13 500
-
-
income

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

-
675
-
-
total
-
675
-
-
Dividends
-
12 825
-
-
withholding
-
1 924
-
-
social contributions
1 710
1 770
-
-
health
865
895
-
-
total
2 575
4 589
-
-
Income
13 500
13 500
13 500
13 500
Total tax
15 029
5 264
5 170
4 830
After tax
-1 529
8 236
8 330
8 670
Living cost
20 793
20 793
20 793
20 793
Free-cash
-22 322
-12 557
-12 463
-12 123

Estimated living cost  is ₽20793 per week

₽13915
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1282
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.
₽5115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽43380
-₽33706
-₽50730
-₽30844
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
health
-
-
-
1 033
chamber of commerce
-
-
-
54
income
-
-
-
-
pensions
-
-
-
2 497
unemployment
-
-
-
6 014
surtax
-
-
-
194
total
-
-
-
9 792
Employee
49 005
39 077
39 077
-
unemployment
1 470
1 172
294
-
income
5 579
2 882
4 591
-
pensions
5 019
4 001
1 001
-
health
1 896
1 513
378
-
other
489
391
99
-
total
14 453
9 959
6 363
-
Employer
49 005
39 077
39 077
-
chamber of commerce
195
156
156
-
surtax
194
194
194
-
payroll
1 470
1 172
1 172
-
unemployment
1 470
1 172
294
-
pensions
6 150
4 905
1 228
-
accident
636
508
108
-
other
2 328
1 855
1 608
-
health
1 852
1 477
370
-
total
14 295
11 439
5 130
-
Corporate
3 722
3 722
4 648
-
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.

930
930
1 161
-
total
930
930
1 161
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
13 500
13 500
13 500
13 500
Total tax
29 678
22 328
12 654
9 792
After tax
-16 178
-8 828
846
3 708
Living cost
34 552
34 552
34 552
34 552
Free-cash
-50 730
-43 380
-33 706
-30 844

Estimated living cost  is ₽34552 per week

₽23045
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2948
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7992
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27873
-₽29480
-₽77058
-₽30005
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
communal

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

-
-
-
501
social contributions
-
-
-
5 169
national
-
-
-
2 082
total
-
-
-
7 752
Employee

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

70 141
-
10 454
-
national
21 564
-
2 272
-
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.

610
-
91
-
communal

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

3 658
-
545
-
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.

5 261
-
783
-
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.

3 296
-
491
-
total
34 389
-
4 182
-
Employer

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

70 141
-
10 454
-
surtax
7 953
-
1 187
-
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.

1 023
-
153
-
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.

6 215
-
927
-
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.

912
-
136
-
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.

4 313
-
642
-
total
20 416
-
3 045
-
Corporate
-
13 500
-
-
surtax
-
54
-
-
income
-
2 700
-
-
total
-
2 754
-
-
Dividends
-
10 746
-
-
withholding

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

-
2 866
-
-
total
-
2 866
-
-
Income
13 500
13 500
13 500
13 500
Total tax
54 805
5 620
7 227
7 752
After tax
-41 305
7 880
6 273
5 748
Living cost
35 753
35 753
35 753
35 753
Free-cash
-77 058
-27 873
-29 480
-30 005

Estimated living cost  is ₽35753 per week

₽23030
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3126
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.
₽9038
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26124
-₽34618
-₽50870
-₽29602
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
income
-
-
-
1 364
pensions
-
-
-
5 968
unemployment
-
-
-
147
other
-
-
-
20
accident
-
-
-
190
total
-
-
-
7 689
Employee
48 811
-
3 061
-
unemployment
757
-
508
-
income
10 299
-
186
-
pensions
2 294
-
1 539
-
other
48
-
33
-
total
13 398
-
2 266
-
Employer
48 811
-
3 061
-
unemployment
2 685
-
1 801
-
pensions
11 519
-
7 728
-
accident
966
-
648
-
other
389
-
262
-
total
15 559
-
10 439
-
Corporate
-
13 500
-
-
income

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

-
2 025
-
-
total
-
2 025
-
-
Dividends
-
11 475
-
-
withholding
-
2 186
-
-
total
-
2 186
-
-
Income
13 500
13 500
13 500
13 500
Total tax
28 957
4 211
12 705
7 689
After tax
-15 457
9 289
795
5 811
Living cost
35 413
35 413
35 413
35 413
Free-cash
-50 870
-26 124
-34 618
-29 602

Estimated living cost  is ₽35413 per week

₽26078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6312
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽44052
-₽51326
-₽69632
-₽51323
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
health
-
-
-
3 498
communal
-
-
-
-
income
-
-
-
-
pensions
-
-
-
7 466
surtax
-
-
-
149
accident
-
-
-
421
total
-
-
-
11 534
Employee
74 258
-
7 923
-
surtax
4 552
-
149
-
income
7 173
-
-
-
pensions
5 940
-
3 733
-
health
3 305
-
2 077
-
total
20 970
-
5 959
-
Employer
74 258
-
7 923
-
pensions
5 940
-
3 733
-
accident
668
-
421
-
health
2 265
-
1 424
-
total
8 873
-
5 578
-
Corporate
-
13 500
-
-
surtax
-
141
-
-
income
-
2 025
-
-
communal
-
-
-
-
total
-
2 166
-
-
Dividends
-
11 334
-
-
withholding
-
1 701
-
-
income
-
396
-
-
total
-
2 097
-
-
Income
13 500
13 500
13 500
13 500
Total tax
29 843
4 263
11 537
11 534
After tax
-16 343
9 237
1 963
1 966
Living cost
53 289
53 289
53 289
53 289
Free-cash
-69 632
-44 052
-51 326
-51 323

Estimated living cost  is ₽53289 per week

₽39974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3229
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9520
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13533
-₽15122
-₽26475
-₽14330
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
health
-
-
-
958
income
-
-
-
1 924
pensions
-
-
-
2 700
unemployment
-
-
-
223
other
-
-
-
-
surtax
-
-
-
-
total
-
-
-
5 805
Employee
33 022
-
10 746
-
surtax
117
-
-
-
unemployment
2 298
-
910
-
income
5 536
-
1 727
-
pensions
2 203
-
873
-
health
843
-
333
-
other
-
-
-
-
total
10 997
-
3 843
-
Employer
33 022
-
10 746
-
unemployment
1 048
-
415
-
pensions
4 403
-
1 744
-
other
-
-
-
-
health
1 502
-
595
-
total
6 953
-
2 754
-
Corporate
-
13 500
-
-
income
-
3 510
-
-
total
-
3 510
-
-
Dividends
-
9 990
-
-
withholding
-
1 498
-
-
total
-
1 498
-
-
Income
13 500
13 500
13 500
13 500
Total tax
17 950
5 008
6 597
5 805
After tax
-4 450
8 492
6 903
7 695
Living cost
22 025
22 025
22 025
22 025
Free-cash
-26 475
-13 533
-15 122
-14 330

Estimated living cost  is ₽22025 per week

₽13297
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1915
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.
₽6303
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19321
-₽23792
-₽40895
-₽22038
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
social contributions
-
-
-
7 600
national
-
-
-
1 357
regional
-
-
-
119
municipal
-
-
-
47
total
-
-
-
9 123
Employee
54 394
-
13 500
-
regional
732
-
73
-
national
8 618
-
813
-
municipal
288
-
28
-
social contributions
18 342
-
9 963
-
total
27 980
-
10 877
-
Employer
54 394
-
13 500
-
total
-
-
-
-
Corporate
-
13 500
-
-
nationa
-
3 240
-
-
municipal
-
672
-
-
total
-
3 912
-
-
Dividends
-
9 589
-
-
withholding
-
2 494
-
-
total
-
2 494
-
-
Income
13 500
13 500
13 500
13 500
Total tax
27 980
6 406
10 877
9 123
After tax
-14 480
7 094
2 623
4 377
Living cost
26 415
26 415
26 415
26 415
Free-cash
-40 895
-19 321
-23 792
-22 038

Estimated living cost  is ₽26415 per week

₽16427
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2676
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6859
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20500
-₽22945
-₽45213
-₽23219
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
health
-
-
-
1 822
social contributions
-
-
-
3 942
income
-
-
-
1 160
solidarity contribution
-
-
-
-
total
-
-
-
6 924
Employee
43 815
-
10 075
-
income
5 258
-
1 209
-
solidarity contribution
-
-
-
-
social contributions
2 848
-
655
-
health
5 915
-
1 360
-
total
14 021
-
3 224
-
Employer
43 815
-
10 075
-
social contributions
10 954
-
2 519
-
health
3 943
-
907
-
total
14 897
-
3 426
-
Corporate
-
13 500
-
-
income
-
2 565
-
-
total
-
2 565
-
-
Dividends
-
10 935
-
-
withholding
-
1 640
-
-
total
-
1 640
-
-
Income
13 500
13 500
13 500
13 500
Total tax
28 918
4 205
6 650
6 924
After tax
-15 418
9 295
6 850
6 576
Living cost
29 795
29 795
29 795
29 795
Free-cash
-45 213
-20 500
-22 945
-23 219

Estimated living cost  is ₽29795 per week

₽22157
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1651
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5471
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽39918
-₽30297
-₽42630
-₽27382
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
health
-
-
-
1 033
chamber of commerce
-
-
-
54
income
-
-
-
-
pensions
-
-
-
2 497
unemployment
-
-
-
6 014
surtax
-
-
-
-
total
-
-
-
9 598
Employee
42 864
39 077
39 077
-
unemployment
1 286
1 172
294
-
income
3 818
2 882
4 591
-
pensions
4 390
4 001
1 001
-
health
1 658
1 513
378
-
other
428
391
99
-
total
11 580
9 959
6 363
-
Employer
42 864
39 077
39 077
-
chamber of commerce
171
156
156
-
surtax
-
-
-
-
payroll
1 286
1 172
1 172
-
unemployment
1 286
1 172
294
-
pensions
5 380
4 905
1 228
-
accident
556
508
112
-
other
2 036
1 855
1 608
-
health
1 621
1 477
370
-
total
12 336
11 245
4 940
-
Corporate
3 722
3 722
4 838
-
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.

930
930
1 210
-
total
930
930
1 210
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
13 500
13 500
13 500
13 500
Total tax
24 846
22 134
12 513
9 598
After tax
-11 346
-8 634
987
3 902
Living cost
31 284
31 284
31 284
31 284
Free-cash
-42 630
-39 918
-30 297
-27 382

Estimated living cost  is ₽31284 per week

₽18766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3195
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽236
-₽1789
-₽2236
₽776
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
13 500
microenterprise

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

-
-
-
135
total
-
-
-
135
Employee
15 736
-
13 500
-
income
3 147
-
2 700
-
total
3 147
-
2 700
-
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%.

-
13 500
-
-
total
-
-
-
-
Dividends
-
13 500
-
-
withholding
-
675
-
-
total
-
675
-
-
Income
13 500
13 500
13 500
13 500
Total tax
3 147
675
2 700
135
After tax
10 353
12 825
10 800
13 365
Living cost
12 589
12 589
12 589
12 589
Free-cash
-2 236
236
-1 789
776

Estimated living cost  is ₽12589 per week

₽8519
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽528
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3119
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17006
-₽18656
-₽36613
-₽18166
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
13 500
health
-
-
-
1 329
income
-
-
-
1 550
pensions
-
-
-
2 466
unemployment
-
-
-
20
total
-
-
-
5 365
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.

43 361
-
11 680
-
unemployment
61
-
17
-
income
7 478
-
1 455
-
pensions
6 721
-
1 811
-
health
2 801
-
754
-
total
17 061
-
4 037
-
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.

43 361
-
11 680
-
unemployment
26
-
7
-
pensions
3 837
-
1 033
-
health
2 888
-
778
-
total
6 751
-
1 818
-
Corporate
-
13 500
-
-
income
-
2 564
-
-
total
-
2 564
-
-
Dividends
-
10 936
-
-
withholding
-
1 641
-
-
total
-
1 641
-
-
Income
13 500
13 500
13 500
13 500
Total tax
23 812
4 205
5 855
5 365
After tax
-10 312
9 295
7 645
8 135
Living cost
26 301
26 301
26 301
26 301
Free-cash
-36 613
-17 006
-18 656
-18 166

Estimated living cost  is ₽26301 per week

₽18050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6057
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽36900
-₽45367
-₽142391
-₽35783
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
social contributions
-
-
-
1 539
income
-
-
-
2 631
total
-
-
-
4 170
Employee
64 685
-
502
-
income
14 268
-
-
-
social contributions
5 304
-
756
-
total
19 572
-
756
-
Employer
64 685
-
502
-
social contributions
91 206
-
12 998
-
total
91 206
-
12 998
-
Corporate
-
13 500
-
-
income
-
2 970
-
-
total
-
2 970
-
-
Dividends
-
10 530
-
-
income
-
2 317
-
-
total
-
2 317
-
-
Income
13 500
13 500
13 500
13 500
Total tax
110 778
5 287
13 754
4 170
After tax
-97 278
8 213
-254
9 330
Living cost
45 113
45 113
45 113
45 113
Free-cash
-142 391
-36 900
-45 367
-35 783

Estimated living cost  is ₽45113 per week

₽29271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4243
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.
₽11024
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23081
-₽22457
-₽42311
-₽22736
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
13 500
social contributions

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

-
-
-
4 691
income
-
-
-
787
surtax
-
-
-
-
total
-
-
-
5 478
Employee
45 099
-
10 910
-
surtax
-
-
-
-
income
9 381
-
1 409
-
social contributions
4 961
-
1 200
-
total
14 342
-
2 609
-
Employer
45 099
-
10 910
-
social contributions
10 711
-
2 590
-
total
10 711
-
2 590
-
Corporate
-
13 500
-
-
surtax
-
-
-
-
income
-
2 836
-
-
total
-
2 836
-
-
Dividends
-
10 664
-
-
withholding
-
2 987
-
-
total
-
2 987
-
-
Income
13 500
13 500
13 500
13 500
Total tax
25 053
5 823
5 199
5 478
After tax
-11 553
7 677
8 301
8 022
Living cost
30 758
30 758
30 758
30 758
Free-cash
-42 311
-23 081
-22 457
-22 736

Estimated living cost  is ₽30758 per week

₽23013
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1814
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5417
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽40558
-₽38531
-₽67096
-₽39982
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
health
-
-
-
261
social contributions
-
-
-
385
income
-
-
-
-
pensions
-
-
-
5 056
other
-
-
-
419
surtax
-
-
-
-
total
-
-
-
6 121
Employee
61 415
-
10 284
-
surtax
-
-
-
-
income
5 359
-
-
-
social contributions
1 749
-
292
-
pensions
6 946
-
1 163
-
total
14 054
-
1 455
-
Employer
61 415
-
10 284
-
unemployment
2 488
-
417
-
pensions
10 091
-
1 691
-
social contributions
184
-
32
-
other
2 119
-
355
-
health
4 299
-
720
-
total
19 181
-
3 215
-
Corporate
-
13 500
-
-
surtax
-
-
-
-
income
-
3 779
-
-
total
-
3 779
-
-
Dividends
-
9 721
-
-
withholding
-
1 245
-
-
surtax
-
-
-
-
social contributions
-
1 673
-
-
total
-
2 918
-
-
Income
13 500
13 500
13 500
13 500
Total tax
33 235
6 697
4 670
6 121
After tax
-19 735
6 803
8 830
7 379
Living cost
47 361
47 361
47 361
47 361
Free-cash
-67 096
-40 558
-38 531
-39 982

Estimated living cost  is ₽47361 per week

₽32053
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽649
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10784
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17325
-₽18547
-₽22912
-₽18946
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
income
-
-
-
-
social contributions
-
-
-
2 970
total
-
-
-
2 970
Employee
31 525
-
11 688
-
social contributions
2 049
-
759
-
income
-
-
-
-
total
2 049
-
759
-
Employer
31 525
-
11 688
-
social contributions
4 887
-
1 812
-
total
4 887
-
1 812
-
Corporate
-
13 500
-
-
income
-
1 349
-
-
total
-
1 349
-
-
Dividends
-
12 151
-
-
total
-
-
-
-
Income
13 500
13 500
13 500
13 500
Total tax
6 936
1 349
2 571
2 970
After tax
6 564
12 151
10 929
10 530
Living cost
29 476
29 476
29 476
29 476
Free-cash
-22 912
-17 325
-18 547
-18 946

Estimated living cost  is ₽29476 per week

₽19059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7641
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽199843
-₽199843
-₽199843
-₽35664
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
labour market
-
-
-
1 012
national
-
-
-
145
pensions
-
-
-
849
municipal
-
-
-
-
total
-
-
-
2 006
Employee
199 041
199 041
199 041
-
national
24 316
24 316
24 316
-
labour market
15 901
15 901
15 901
-
municipal
42 385
42 385
42 385
-
pensions
283
283
283
-
total
82 885
82 885
82 885
-
Employer
199 041
199 041
199 041
-
national
24 359
24 359
24 359
-
pensions
566
566
566
-
labour market
15 923
15 923
15 923
-
municipal
42 452
42 452
42 452
-
total
83 300
83 300
83 300
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
13 500
13 500
13 500
13 500
Total tax
166 185
166 185
166 185
2 006
After tax
-152 685
-152 685
-152 685
11 494
Living cost
47 158
47 158
47 158
47 158
Free-cash
-199 843
-199 843
-199 843
-35 664

Estimated living cost  is ₽47158 per week

₽32275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4172
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽725
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9985
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20302
-₽14265
-₽27015
-₽15946
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
health
-
-
-
2 153
income
-
-
-
1 176
pensions
-
-
-
4 107
other
-
-
-
366
accident
-
-
-
249
total
-
-
-
8 051
Employee
33 656
-
11 214
-
income
4 617
-
1 538
-
pensions
3 790
-
1 263
-
health
3 854
-
1 284
-
total
12 261
-
4 085
-
Employer
33 656
-
11 214
-
unemployment
825
-
275
-
pensions
5 472
-
1 823
-
accident
562
-
187
-
total
6 859
-
2 285
-
Corporate
-
13 500
-
-
income

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

-
12 150
-
-
total
-
12 150
-
-
Dividends
-
1 350
-
-
withholding
-
257
-
-
total
-
257
-
-
Income
13 500
13 500
13 500
13 500
Total tax
19 120
12 407
6 370
8 051
After tax
-5 620
1 093
7 130
5 449
Living cost
21 395
21 395
21 395
21 395
Free-cash
-27 015
-20 302
-14 265
-15 946

Estimated living cost  is ₽21395 per week

₽15573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1220
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28306
-₽29104
-₽47824
-₽26577
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
13 500
health
-
-
-
-
national
-
-
-
-
municipal
-
-
-
2 430
total
-
-
-
2 430
Employee
51 590
-
11 356
-
national
852
-
-
-
unemployment
774
-
171
-
municipal
8 450
-
1 876
-
pensions
3 482
-
767
-
health
385
-
-
-
total
13 943
-
2 814
-
Employer
51 590
-
11 356
-
unemployment
335
-
74
-
pensions
8 951
-
1 971
-
accident
52
-
11
-
health
396
-
87
-
total
9 734
-
2 143
-
Corporate
-
13 500
-
-
income
-
2 700
-
-
total
-
2 700
-
-
Dividends

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

-
8 100
-
-
municipal
-
1 459
-
-
national
-
-
-
-
total
-
1 459
-
-
Income
13 500
13 500
13 500
13 500
Total tax
23 677
4 159
4 957
2 430
After tax
-10 177
9 341
8 543
11 070
Living cost
37 647
37 647
37 647
37 647
Free-cash
-47 824
-28 306
-29 104
-26 577

Estimated living cost  is ₽37647 per week

₽24591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31377
-₽22804
-₽24334
-₽15969
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 277
health
-
-
-
951
social contributions
-
-
-
5 815
income
-
-
-
-
total
-
-
-
6 766
Employee
75 402
75 402
75 402
-
income
8 210
6 980
8 478
-
social contributions
2 851
6 258
2 110
-
health
584
1 282
432
-
total
11 645
14 520
11 020
-
Employer
75 402
75 402
75 402
-
social contributions
2 851
6 258
2 110
-
health
635
1 396
471
-
total
3 486
7 654
2 581
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
13 500
13 500
13 500
13 500
Total tax
15 131
22 174
13 601
6 766
After tax
-1 631
-8 674
-101
6 734
Living cost
22 703
22 703
22 703
22 703
Free-cash
-24 334
-31 377
-22 804
-15 969

Estimated living cost  is ₽22703 per week

₽13606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2227
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6368
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4389
-₽8618
-₽11326
-₽12215
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 500
health
-
-
-
3 549
income
-
-
-
331
pensions
-
-
-
6 238
unemployment
-
-
-
28
total
-
-
-
10 146
Employee

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

22 508
-
11 740
-
unemployment
112
-
86
-
income
1 539
-
689
-
pensions
3 376
-
2 562
-
health
1 913
-
1 451
-
total
6 940
-
4 788
-
Employer

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

22 508
-
11 740
-
unemployment
112
-
86
-
pensions
1 237
-
940
-
health
968
-
735
-
total
2 317
-
1 761
-
Corporate
-
13 500
-
-
income
-
1 215
-
-
total
-
1 215
-
-
Dividends
-
12 285
-
-
withholding
-
1 105
-
-
total
-
1 105
-
-
Income
13 500
13 500
13 500
13 500
Total tax
9 257
2 320
6 549
10 146
After tax
4 243
11 180
6 951
3 354
Living cost
15 569
15 569
15 569
15 569
Free-cash
-11 326
-4 389
-8 618
-12 215

Estimated living cost  is ₽15569 per week

₽9933
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1122
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4049
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17676
-₽26170
-₽34316
-₽21154
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
income
-
-
-
1 364
pensions
-
-
-
5 968
unemployment
-
-
-
147
other
-
-
-
20
accident
-
-
-
190
total
-
-
-
7 689
Employee
36 258
-
3 061
-
unemployment
562
-
508
-
income
6 990
-
186
-
pensions
1 705
-
1 539
-
other
35
-
33
-
total
9 292
-
2 266
-
Employer
36 258
-
3 061
-
unemployment
1 995
-
1 801
-
pensions
8 556
-
7 728
-
accident
718
-
648
-
other
290
-
262
-
total
11 559
-
10 439
-
Corporate
-
13 500
-
-
income

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

-
2 025
-
-
total
-
2 025
-
-
Dividends
-
11 475
-
-
withholding
-
2 186
-
-
total
-
2 186
-
-
Income
13 500
13 500
13 500
13 500
Total tax
20 851
4 211
12 705
7 689
After tax
-7 351
9 289
795
5 811
Living cost
26 965
26 965
26 965
26 965
Free-cash
-34 316
-17 676
-26 170
-21 154

Estimated living cost  is ₽26965 per week

₽18201
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2592
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5700
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6601
₽5753
₽6301
₽5881
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
health
-
-
-
964
income
-
-
-
3 502
pensions
-
-
-
1 330
total
-
-
-
5 796
Employee
2 776
-
12 004
-
unemployment
28
-
66
-
income
537
-
3 432
-
pensions
250
-
598
-
health
139
-
332
-
total
954
-
4 428
-
Employer
2 776
-
12 004
-
unemployment
56
-
133
-
pensions
305
-
731
-
health
264
-
632
-
total
625
-
1 496
-
Corporate
10 099
13 500
-
-
income
2 222
2 970
-
-
total
2 222
2 970
-
-
Dividends
7 877
10 530
-
-
withholding
1 575
2 106
-
-
total
1 575
2 106
-
-
Income
13 500
13 500
13 500
13 500
Total tax
5 376
5 076
5 924
5 796
After tax
8 124
8 424
7 576
7 704
Living cost
1 823
1 823
1 823
1 823
Free-cash
6 301
6 601
5 753
5 881

Estimated living cost  is ₽1823 per week

₽1083
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽550
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7167
-₽8451
-₽16582
-₽9072
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
13 500
health
-
-
-
1 390
income
-
-
-
549
pensions
-
-
-
3 510
unemployment
-
-
-
202
total
-
-
-
5 651
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.

25 516
-
11 450
-
unemployment
191
-
86
-
income
3 517
-
701
-
pensions
3 572
-
1 603
-
health
1 314
-
590
-
total
8 594
-
2 980
-
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.

25 516
-
11 450
-
unemployment
191
-
86
-
pensions
3 062
-
1 374
-
health
1 314
-
590
-
total
4 567
-
2 050
-
Corporate
-
13 500
-
-
income
-
2 025
-
-
total
-
2 025
-
-
Dividends
-
11 475
-
-
withholding
-
1 721
-
-
total
-
1 721
-
-
Income
13 500
13 500
13 500
13 500
Total tax
13 161
3 746
5 030
5 651
After tax
339
9 754
8 470
7 849
Living cost
16 921
16 921
16 921
16 921
Free-cash
-16 582
-7 167
-8 451
-9 072

Estimated living cost  is ₽16921 per week

₽11393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1309
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3730
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18759
-₽18135
-₽33597
-₽18414
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
13 500
social contributions

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

-
-
-
4 691
income
-
-
-
787
surtax
-
-
-
-
total
-
-
-
5 478
Employee
38 058
-
10 910
-
surtax
-
-
-
-
income
7 436
-
1 409
-
social contributions
4 187
-
1 200
-
total
11 623
-
2 609
-
Employer
38 058
-
10 910
-
social contributions
9 038
-
2 590
-
total
9 038
-
2 590
-
Corporate
-
13 500
-
-
surtax
-
-
-
-
income
-
2 836
-
-
total
-
2 836
-
-
Dividends
-
10 664
-
-
withholding
-
2 987
-
-
total
-
2 987
-
-
Income
13 500
13 500
13 500
13 500
Total tax
20 661
5 823
5 199
5 478
After tax
-7 161
7 677
8 301
8 022
Living cost
26 436
26 436
26 436
26 436
Free-cash
-33 597
-18 759
-18 135
-18 414

Estimated living cost  is ₽26436 per week

₽18724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5408
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽25173
-₽33667
-₽48958
-₽28651
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
income
-
-
-
1 364
pensions
-
-
-
5 968
unemployment
-
-
-
147
other
-
-
-
20
accident
-
-
-
190
total
-
-
-
7 689
Employee
47 357
-
3 061
-
unemployment
733
-
508
-
income
9 891
-
186
-
pensions
2 226
-
1 539
-
other
47
-
33
-
total
12 897
-
2 266
-
Employer
47 357
-
3 061
-
unemployment
2 605
-
1 801
-
pensions
11 176
-
7 728
-
accident
938
-
648
-
other
380
-
262
-
total
15 099
-
10 439
-
Corporate
-
13 500
-
-
income

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

-
2 025
-
-
total
-
2 025
-
-
Dividends
-
11 475
-
-
withholding
-
2 186
-
-
total
-
2 186
-
-
Income
13 500
13 500
13 500
13 500
Total tax
27 996
4 211
12 705
7 689
After tax
-14 496
9 289
795
5 811
Living cost
34 462
34 462
34 462
34 462
Free-cash
-48 958
-25 173
-33 667
-28 651

Estimated living cost  is ₽34462 per week

₽24749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2680
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.
₽6548
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5177
-₽8198
-₽12984
-₽8849
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
health
-
-
-
1 552
income
-
-
-
2 025
pensions

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

-
-
-
1 998
unemployment
-
-
-
54
total
-
-
-
5 629
Employee
22 140
-
11 286
-
income
2 214
-
1 129
-
accident

We are using the highest rate at 1.1%.

243
-
124
-
pensions

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

1 944
-
991
-
health
1 019
-
520
-
total
5 420
-
2 764
-
Employer
22 140
-
11 286
-
unemployment
133
-
68
-
pensions

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

2 440
-
1 244
-
accident

We are using the highest rate at 1.1%.

243
-
124
-
health
1 528
-
778
-
total
4 344
-
2 214
-
Corporate
-
13 500
-
-
income
-
1 350
-
-
total
-
1 350
-
-
Dividends
-
12 150
-
-
withholding
-
607
-
-
total
-
607
-
-
Income
13 500
13 500
13 500
13 500
Total tax
9 764
1 957
4 978
5 629
After tax
3 736
11 543
8 522
7 871
Living cost
16 720
16 720
16 720
16 720
Free-cash
-12 984
-5 177
-8 198
-8 849

Estimated living cost  is ₽16720 per week

₽11059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4306
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30647
-₽31056
-₽35289
-₽31056
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
13 500
health

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

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

-
-
-
6 699
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.

-
-
-
-
trade
-
-
-
-
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
-
-
-
6 699
Employee

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

48 790
-
13 500
-
surtax

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

221
-
-
-
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.

4 012
-
-
-
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.

6 699
-
6 699
-
total
10 932
-
6 699
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
13 500
-
-
trade
-
1 937
-
-
chamber of commerce
-
169
-
-
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.

-
112
-
-
income
-
2 025
-
-
total
-
4 243
-
-
Dividends
-
9 257
-
-
withholding
-
1 941
-
-
surtax

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

-
106
-
-
total
-
2 047
-
-
Income
13 500
13 500
13 500
13 500
Total tax
10 932
6 290
6 699
6 699
After tax
2 568
7 210
6 801
6 801
Living cost
37 857
37 857
37 857
37 857
Free-cash
-35 289
-30 647
-31 056
-31 056

Estimated living cost  is ₽37857 per week

₽26115
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4073
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7120
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽46409
-₽42358
-₽63204
-₽42358
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
income
-
-
-
-167
social contributions
-
-
-
167
total
-
-
-
-
Employee
76 703
-
13 500
-
social contributions
6 372
-
167
-
income
14 474
-
-167
-
total
20 846
-
-
-
Employer
76 703
-
13 500
-
total
-
-
-
-
Corporate
-
13 500
-
-
income
-
1 688
-
-
total
-
1 688
-
-
Dividends
-
11 812
-
-
withholding
-
2 363
-
-
total
-
2 363
-
-
Income
13 500
13 500
13 500
13 500
Total tax
20 846
4 051
-
-
After tax
-7 346
9 449
13 500
13 500
Living cost
55 858
55 858
55 858
55 858
Free-cash
-63 204
-46 409
-42 358
-42 358

Estimated living cost  is ₽55858 per week

₽42496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29747
-₽25505
-₽38917
-₽56071
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
13 500
health

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

-
-
-
6 064
income
-
-
-
27 912
total
-
-
-
33 976
Employee
44 983
-
11 795
-
social contributions
4 507
-
1 705
-
income
4 881
-
-
-
total
9 388
-
1 705
-
Employer
44 983
-
11 795
-
social contributions
4 507
-
1 705
-
total
4 507
-
1 705
-
Corporate
-
13 500
-
-
income
-
4 725
-
-
total
-
4 725
-
-
Dividends
-
8 775
-
-
social contributions
2 927
2 927
-
-
total
2 927
2 927
-
-
Income
13 500
13 500
13 500
13 500
Total tax
16 822
7 652
3 410
33 976
After tax
-3 322
5 848
10 090
-20 476
Living cost
35 595
35 595
35 595
35 595
Free-cash
-38 917
-29 747
-25 505
-56 071

Estimated living cost  is ₽35595 per week

₽23446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2806
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.
₽8796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26238
-₽25755
-₽42391
-₽25809
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
income
-
-
-
2 636
pensions
-
-
-
319
total
-
-
-
2 955
Employee
49 901
-
13 248
-
income
9 087
-
2 649
-
pensions
3 809
-
-
-
health
651
-
-
-
total
13 547
-
2 649
-
Employer
49 901
-
13 248
-
pensions
5 042
-
-
-
health
948
-
252
-
total
5 990
-
252
-
Corporate
-
13 500
-
-
income

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

-
2 565
-
-
total
-
2 565
-
-
Dividends
-
10 935
-
-
withholding
-
819
-
-
total
-
819
-
-
Income
13 500
13 500
13 500
13 500
Total tax
19 537
3 384
2 901
2 955
After tax
-6 037
10 116
10 599
10 545
Living cost
36 354
36 354
36 354
36 354
Free-cash
-42 391
-26 238
-25 755
-25 809

Estimated living cost  is ₽36354 per week

₽24938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3343
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7615
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽22420
-₽16383
-₽31025
-₽18064
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
health
-
-
-
2 153
income
-
-
-
1 176
pensions
-
-
-
4 107
other
-
-
-
366
accident
-
-
-
249
total
-
-
-
8 051
Employee
36 987
-
11 214
-
income
5 074
-
1 538
-
pensions
4 165
-
1 263
-
health
4 235
-
1 284
-
total
13 474
-
4 085
-
Employer
36 987
-
11 214
-
unemployment
906
-
275
-
pensions
6 014
-
1 823
-
accident
618
-
187
-
total
7 538
-
2 285
-
Corporate
-
13 500
-
-
income

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

-
12 150
-
-
total
-
12 150
-
-
Dividends
-
1 350
-
-
withholding
-
257
-
-
total
-
257
-
-
Income
13 500
13 500
13 500
13 500
Total tax
21 012
12 407
6 370
8 051
After tax
-7 512
1 093
7 130
5 449
Living cost
23 513
23 513
23 513
23 513
Free-cash
-31 025
-22 420
-16 383
-18 064

Estimated living cost  is ₽23513 per week

₽17256
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1370
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4413
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1757
-₽4795
-₽7671
-₽4795
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
13 500
work injury
-
-
-
68
income
-
-
-
1 350
health insurance
-
-
-
999
pensions
-
-
-
2 484
unemployment
-
-
-
162
total
-
-
-
5 063
Employee

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

21 171
-
13 500
-
unemployment
254
-
162
-
work injury
106
-
68
-
income
2 117
-
1 350
-
health insurance
1 567
-
999
-
pensions
3 895
-
2 484
-
total
7 939
-
5 063
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
13 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
-
13 500
-
-
withholding
-
2 025
-
-
total
-
2 025
-
-
Income
13 500
13 500
13 500
13 500
Total tax
7 939
2 025
5 063
5 063
After tax
5 561
11 475
8 437
8 437
Living cost
13 232
13 232
13 232
13 232
Free-cash
-7 671
-1 757
-4 795
-4 795

Estimated living cost  is ₽13232 per week

₽8197
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽962
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3660
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31954
-₽36433
-₽69131
-₽34677
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
social contributions
-
-
-
7 600
national
-
-
-
1 357
regional
-
-
-
102
municipal
-
-
-
54
total
-
-
-
9 113
Employee
82 630
-
13 500
-
regional
1 248
-
61
-
national
13 964
-
813
-
municipal
493
-
32
-
social contributions
27 862
-
9 963
-
total
43 567
-
10 869
-
Employer
82 630
-
13 500
-
total
-
-
-
-
Corporate
-
13 500
-
-
nationa
-
3 240
-
-
municipal
-
651
-
-
total
-
3 891
-
-
Dividends
-
9 609
-
-
withholding
-
2 499
-
-
total
-
2 499
-
-
Income
13 500
13 500
13 500
13 500
Total tax
43 567
6 390
10 869
9 113
After tax
-30 067
7 110
2 631
4 387
Living cost
39 064
39 064
39 064
39 064
Free-cash
-69 131
-31 954
-36 433
-34 677

Estimated living cost  is ₽39064 per week

₽27440
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2687
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8346
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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