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
-₽22078
-₽22217
-₽22217
-₽23302
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
-
surtax

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

-
-
-
-
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.

-
-
-
6 573
trade
-
-
-
-
total
-
-
-
6 573
Employee

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

36 802
-
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.

57
-
-
-
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.

1 028
-
-
-
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.

6 573
-
6 573
-
total
7 658
-
6 573
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
13 500
-
-
income
-
2 025
-
-
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.

-
111
-
-
chamber of commerce
-
166
-
-
trade
-
2 125
-
-
total
-
4 427
-
-
Dividends
-
9 072
-
-
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
-
-
withholding
-
1 903
-
-
total
-
2 007
-
-
Income
13 500
13 500
13 500
13 500
Total tax
7 658
6 434
6 573
6 573
After tax
5 842
7 066
6 927
6 927
Living cost
29 144
29 144
29 144
29 144
Free-cash
-23 302
-22 078
-22 217
-22 217

Estimated living cost  is ₽29144 per week

₽18332
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3398
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6869
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽42994
-₽40365
-₽40471
-₽73441
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
309
national
-
-
-
479
pensions
-
-
-
1 620
total
-
-
-
2 553
Employee
79 708
-
11 671
-
municipal
9 845
-
361
-
pensions
3 188
-
467
-
national
15 256
-
560
-
total
28 289
-
1 388
-
Employer
79 708
-
11 671
-
pensions
6 377
-
934
-
social contributions
857
-
125
-
total
7 234
-
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
35 523
5 076
2 447
2 553
After tax
-22 023
8 424
11 053
10 947
Living cost
51 418
51 418
51 418
51 418
Free-cash
-73 441
-42 994
-40 365
-40 471

Estimated living cost  is ₽51418 per week

₽34948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽770
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9218
-₽12270
-₽11571
-₽21387
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
-
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.

-
-
-
3 029
microenterprise
-
-
-
2 025
total
-
-
-
5 054
Employee
28 115
-
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.

3 093
-
1 196
-
income
5 005
-
1 937
-
total
8 098
-
3 133
-
Employer
28 115
-
10 880
-
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.

6 772
-
2 620
-
surtax
-
-
-
-
total
6 772
-
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%.

-
2 701
-
-
total
-
2 701
-
-
Dividends

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

-
10 799
-
-
total
-
-
-
-
Income
13 500
13 500
13 500
13 500
Total tax
14 870
2 701
5 753
5 054
After tax
-1 370
10 799
7 747
8 446
Living cost
20 017
20 017
20 017
20 017
Free-cash
-21 387
-9 218
-12 270
-11 571

Estimated living cost  is ₽20017 per week

₽12771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1906
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.
₽4886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽76644
-₽82046
-₽32520
-₽82046
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 214
health
-
-
-
2 071
pensions
-
-
-
2 428
total
-
-
-
5 713
Employee
82 167
82 167
82 167
-
pensions
14 790
11 273
14 790
-
income

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

13 449
13 449
13 449
-
health
12 612
10 727
12 612
-
total
40 851
35 449
40 851
-
Employer
82 167
82 167
82 167
-
health
5 711
5 711
5 711
-
pensions
5 719
5 719
5 719
-
unemployment
2 958
2 958
2 958
-
total
14 388
14 388
14 388
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
13 500
13 500
13 500
13 500
Total tax
55 239
49 837
55 239
5 713
After tax
-41 739
-36 337
-41 739
7 787
Living cost
40 307
40 307
40 307
40 307
Free-cash
-82 046
-76 644
-82 046
-32 520

Estimated living cost  is ₽40307 per week

₽28565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3634
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽641
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7468
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31989
-₽32151
-₽32630
-₽60206
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
27
other
-
-
-
1 569
unemployment
-
-
-
13
health
-
-
-
843
municipal
-
-
-
2 859
national
-
-
-
-
pensions
-
-
-
1 459
total
-
-
-
6 770
Employee
56 084
-
10 272
-
municipal
16 724
-
3 063
-
national
-
-
-
-
total
16 724
-
3 063
-
Employer
56 084
-
10 272
-
health
3 449
-
632
-
pensions
6 063
-
1 110
-
accident
112
-
21
-
unemployment
1 481
-
271
-
other
6 517
-
1 194
-
total
17 622
-
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
34 346
6 129
6 291
6 770
After tax
-20 846
7 371
7 209
6 730
Living cost
39 360
39 360
39 360
39 360
Free-cash
-60 206
-31 989
-32 151
-32 630

Estimated living cost  is ₽39360 per week

₽26086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3862
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽598
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8814
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30804
-₽30872
-₽30872
-₽35294
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
-
surtax

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

-
-
-
-
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.

-
-
-
6 573
trade
-
-
-
-
total
-
-
-
6 573
Employee

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

48 794
-
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.

230
-
-
-
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.

4 192
-
-
-
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.

6 573
-
6 573
-
total
10 995
-
6 573
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
13 500
-
-
income
-
2 025
-
-
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.

-
111
-
-
chamber of commerce
-
166
-
-
trade
-
2 220
-
-
total
-
4 522
-
-
Dividends
-
8 977
-
-
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
-
-
withholding
-
1 879
-
-
total
-
1 983
-
-
Income
13 500
13 500
13 500
13 500
Total tax
10 995
6 505
6 573
6 573
After tax
2 505
6 995
6 927
6 927
Living cost
37 799
37 799
37 799
37 799
Free-cash
-35 294
-30 804
-30 872
-30 872

Estimated living cost  is ₽37799 per week

₽25280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3986
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.
₽7968
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽39466
-₽31055
-₽24347
-₽34205
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 578
income
-
-
-
-
social contributions
-
-
-
5 706
health
-
-
-
933
total
-
-
-
6 639
Employee
73 987
73 987
73 987
-
social contributions
3 595
6 141
2 071
-
income
7 769
6 849
8 319
-
health
736
1 258
424
-
total
12 100
14 248
10 814
-
Employer
73 987
73 987
73 987
-
health
802
1 369
462
-
social contributions
3 595
6 141
2 071
-
total
4 397
7 510
2 533
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
13 500
13 500
13 500
13 500
Total tax
16 497
21 758
13 347
6 639
After tax
-2 997
-8 258
153
6 861
Living cost
31 208
31 208
31 208
31 208
Free-cash
-34 205
-39 466
-31 055
-24 347

Estimated living cost  is ₽31208 per week

₽21334
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6913
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9804
-₽9845
-₽8318
-₽16983
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 650
unemployment
-
-
-
202
health
-
-
-
945
pensions
-
-
-
1 350
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.

25 508
10 152
11 297
-
unemployment
383
152
169
-
pensions
2 551
1 015
1 130
-
income
3 118
1 241
1 381
-
health
1 786
711
791
-
total
7 838
3 119
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.

25 508
10 152
11 297
-
pensions
4 974
1 980
2 203
-
total
4 974
1 980
2 203
-
Corporate
-
1 369
-
-
income
-
123
-
-
total
-
123
-
-
Dividends
-
1 245
-
-
social contributions
-
174
-
-
withholding
-
237
-
-
total
-
411
-
-
Income
13 500
13 500
13 500
13 500
Total tax
12 812
5 633
5 674
4 147
After tax
688
7 867
7 826
9 353
Living cost
17 671
17 671
17 671
17 671
Free-cash
-16 983
-9 804
-9 845
-8 318

Estimated living cost  is ₽17671 per week

₽12059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1446
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12441
-₽13837
-₽14196
-₽23022
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
health
-
-
-
1 755
pensions
-
-
-
2 701
total
-
-
-
4 456
Employee
27 296
-
9 797
-
unemployment
436
-
175
-
pensions
546
-
219
-
income
3 073
-
-
-
total
4 055
-
394
-
Employer
27 296
-
9 797
-
health
3 548
-
1 424
-
pensions
5 460
-
2 191
-
unemployment
219
-
88
-
total
9 227
-
3 703
-
Corporate
-
13 500
-
-
income
-
2 701
-
-
total
-
2 701
-
-
Dividends
-
10 799
-
-
total
-
-
-
-
Income
13 500
13 500
13 500
13 500
Total tax
13 282
2 701
4 097
4 456
After tax
218
10 799
9 403
9 044
Living cost
23 240
23 240
23 240
23 240
Free-cash
-23 022
-12 441
-13 837
-14 196

Estimated living cost  is ₽23240 per week

₽15940
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1384
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20378
-₽14343
-₽15959
-₽27159
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
246
income
-
-
-
1 190
other
-
-
-
362
health
-
-
-
2 128
pensions
-
-
-
4 061
total
-
-
-
7 987
Employee
33 776
-
11 215
-
pensions
3 803
-
1 263
-
income
4 634
-
1 538
-
health
3 867
-
1 284
-
total
12 304
-
4 085
-
Employer
33 776
-
11 215
-
pensions
5 492
-
1 824
-
accident
564
-
187
-
unemployment
827
-
275
-
total
6 883
-
2 286
-
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
-
256
-
-
total
-
256
-
-
Income
13 500
13 500
13 500
13 500
Total tax
19 187
12 406
6 371
7 987
After tax
-5 687
1 094
7 129
5 513
Living cost
21 472
21 472
21 472
21 472
Free-cash
-27 159
-20 378
-14 343
-15 959

Estimated living cost  is ₽21472 per week

₽15737
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1190
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4945
₽2920
₽5485
₽3468
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 850
-
13 500
-
income
1 970
-
2 700
-
total
1 970
-
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%.

3 650
13 500
-
-
total
-
-
-
-
Dividends
3 650
13 500
-
-
withholding
182
675
-
-
total
182
675
-
-
Income
13 500
13 500
13 500
13 500
Total tax
2 152
675
2 700
135
After tax
11 348
12 825
10 800
13 365
Living cost
7 880
7 880
7 880
7 880
Free-cash
3 468
4 945
2 920
5 485

Estimated living cost  is ₽7880 per week

₽4883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽655
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽217
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15721
-₽17725
-₽18328
-₽30240
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 715
other
-
-
-
641
health
-
-
-
593
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.

-
-
-
3 241
total
-
-
-
6 190
Employee
34 936
-
10 781
-
unemployment
349
-
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.

2 445
-
754
-
income
6 015
-
1 855
-
health
489
-
152
-
total
9 298
-
2 869
-
Employer
34 936
-
10 781
-
health
489
-
152
-
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.

5 940
-
1 833
-
accident
279
-
86
-
unemployment
349
-
108
-
other
1 747
-
539
-
total
8 804
-
2 718
-
Corporate
-
13 500
-
-
income
-
2 836
-
-
total
-
2 836
-
-
Dividends
-
10 664
-
-
withholding
-
747
-
-
total
-
747
-
-
Income
13 500
13 500
13 500
13 500
Total tax
18 102
3 583
5 587
6 190
After tax
-4 602
9 917
7 913
7 310
Living cost
25 638
25 638
25 638
25 638
Free-cash
-30 240
-15 721
-17 725
-18 328

Estimated living cost  is ₽25638 per week

₽18115
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1731
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.
₽5379
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽53481
-₽53020
-₽53044
-₽88810
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 639
pensions
-
-
-
310
total
-
-
-
2 949
Employee
89 978
-
13 217
-
pensions
8 680
-
-
-
income
16 219
-
2 643
-
health
1 483
-
-
-
total
26 382
-
2 643
-
Employer
89 978
-
13 217
-
health
1 709
-
251
-
pensions
10 624
-
31
-
total
12 333
-
282
-
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
-
821
-
-
total
-
821
-
-
Income
13 500
13 500
13 500
13 500
Total tax
38 715
3 386
2 925
2 949
After tax
-25 215
10 114
10 575
10 551
Living cost
63 595
63 595
63 595
63 595
Free-cash
-88 810
-53 481
-53 020
-53 044

Estimated living cost  is ₽63595 per week

₽47653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7472
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7954
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽1064
-₽4085
-₽4736
-₽6470
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 025
unemployment
-
-
-
54
health
-
-
-
1 552
pensions

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

-
-
-
1 998
total
-
-
-
5 629
Employee
16 693
-
11 285
-
accident

We are using the highest rate at 1.1%.

184
-
124
-
pensions

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

1 466
-
991
-
income
1 669
-
1 129
-
health
768
-
519
-
total
4 087
-
2 763
-
Employer
16 693
-
11 285
-
health
1 152
-
779
-
pensions

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

1 840
-
1 244
-
accident

We are using the highest rate at 1.1%.

184
-
124
-
unemployment
100
-
68
-
total
3 276
-
2 215
-
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
7 363
1 957
4 978
5 629
After tax
6 137
11 543
8 522
7 871
Living cost
12 607
12 607
12 607
12 607
Free-cash
-6 470
-1 064
-4 085
-4 736

Estimated living cost  is ₽12607 per week

₽7360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽900
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽334
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4013
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽89691
-₽95093
-₽45567
-₽91324
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 214
health
-
-
-
2 071
pensions
-
-
-
2 428
total
-
-
-
5 713
Employee
89 206
82 167
82 167
-
pensions
11 273
11 273
14 790
-
income

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

13 449
13 449
13 449
-
health
11 129
10 727
12 612
-
total
35 851
35 449
40 851
-
Employer
89 206
82 167
82 167
-
health
6 199
5 711
5 711
-
pensions
6 208
5 719
5 719
-
unemployment
3 212
2 958
2 958
-
total
15 619
14 388
14 388
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
13 500
13 500
13 500
13 500
Total tax
51 470
49 837
55 239
5 713
After tax
-37 970
-36 337
-41 739
7 787
Living cost
53 354
53 354
53 354
53 354
Free-cash
-91 324
-89 691
-95 093
-45 567

Estimated living cost  is ₽53354 per week

₽39358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽612
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8620
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14635
-₽17080
-₽17355
-₽33656
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 160
social contributions
-
-
-
3 942
solidarity contribution
-
-
-
-
health
-
-
-
1 823
total
-
-
-
6 925
Employee
35 191
-
10 075
-
solidarity contribution
-
-
-
-
social contributions
2 287
-
655
-
income
4 223
-
1 209
-
health
4 751
-
1 360
-
total
11 261
-
3 224
-
Employer
35 191
-
10 075
-
health
3 167
-
907
-
social contributions
8 798
-
2 519
-
total
11 965
-
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
23 226
4 205
6 650
6 925
After tax
-9 726
9 295
6 850
6 575
Living cost
23 930
23 930
23 930
23 930
Free-cash
-33 656
-14 635
-17 080
-17 355

Estimated living cost  is ₽23930 per week

₽16622
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1702
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽33397
-₽37808
-₽36070
-₽72013
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 457
regional
-
-
-
75
municipal
-
-
-
47
national
-
-
-
1 390
total
-
-
-
8 969
Employee
85 513
-
13 500
-
municipal
453
-
29
-
national
14 817
-
856
-
regional
807
-
46
-
social contributions
28 835
-
9 776
-
total
44 912
-
10 707
-
Employer
85 513
-
13 500
-
total
-
-
-
-
Corporate
-
13 500
-
-
municipal
-
526
-
-
nationa
-
3 239
-
-
total
-
3 765
-
-
Dividends
-
9 735
-
-
withholding
-
2 531
-
-
total
-
2 531
-
-
Income
13 500
13 500
13 500
13 500
Total tax
44 912
6 296
10 707
8 969
After tax
-31 412
7 204
2 793
4 531
Living cost
40 601
40 601
40 601
40 601
Free-cash
-72 013
-33 397
-37 808
-36 070

Estimated living cost  is ₽40601 per week

₽28302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2662
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.
₽9013
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12740
-₽14254
-₽13536
-₽25018
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 925
other
-
-
-
-
surtax
-
-
-
-
unemployment
-
-
-
219
health
-
-
-
959
pensions
-
-
-
2 701
total
-
-
-
5 804
Employee
31 819
-
10 798
-
other
-
-
-
-
unemployment
2 215
-
893
-
pensions
2 122
-
856
-
surtax
104
-
-
-
income
5 334
-
1 744
-
health
813
-
327
-
total
10 588
-
3 820
-
Employer
31 819
-
10 798
-
health
1 448
-
584
-
pensions
4 242
-
1 711
-
unemployment
1 008
-
407
-
other
-
-
-
-
total
6 698
-
2 702
-
Corporate
-
13 500
-
-
income
-
3 509
-
-
total
-
3 509
-
-
Dividends
-
9 991
-
-
withholding
-
1 499
-
-
total
-
1 499
-
-
Income
13 500
13 500
13 500
13 500
Total tax
17 286
5 008
6 522
5 804
After tax
-3 786
8 492
6 978
7 696
Living cost
21 232
21 232
21 232
21 232
Free-cash
-25 018
-12 740
-14 254
-13 536

Estimated living cost  is ₽21232 per week

₽12982
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1959
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5801
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽33333
-₽32872
-₽32896
-₽54474
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 639
pensions
-
-
-
310
total
-
-
-
2 949
Employee
60 301
-
13 217
-
pensions
5 118
-
-
-
income
10 860
-
2 643
-
health
875
-
-
-
total
16 853
-
2 643
-
Employer
60 301
-
13 217
-
health
1 146
-
251
-
pensions
6 528
-
31
-
total
7 674
-
282
-
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
-
821
-
-
total
-
821
-
-
Income
13 500
13 500
13 500
13 500
Total tax
24 527
3 386
2 925
2 949
After tax
-11 027
10 114
10 575
10 551
Living cost
43 447
43 447
43 447
43 447
Free-cash
-54 474
-33 333
-32 872
-32 896

Estimated living cost  is ₽43447 per week

₽32550
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3256
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7185
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽70374
-₽67880
-₽64948
-₽84611
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
269
regional
-
-
-
-
health
-
-
-
250
city
-
-
-
140
national
-
-
-
-
pensions
-
-
-
1 243
total
-
-
-
1 902
Employee
89 579
-
10 905
-
unemployment
-
-
-
-
pensions
7 526
-
2 233
-
national
424
-
-
-
regional
2 933
-
-
-
city
961
-
102
-
health
202
-
24
-
total
12 046
-
2 359
-
Employer
89 579
-
10 905
-
health
202
-
24
-
pensions
7 526
-
2 233
-
unemployment
-
-
-
-
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.

1 791
-
218
-
total
9 519
-
2 475
-
Corporate
-
13 500
-
-
regional
-
2 855
-
-
national
-
1 148
-
-
total
-
4 003
-
-
Dividends
-
9 497
-
-
withholding
-
3 325
-
-
total
-
3 325
-
-
Income
13 500
13 500
13 500
13 500
Total tax
21 565
7 328
4 834
1 902
After tax
-8 065
6 172
8 666
11 598
Living cost
76 546
76 546
76 546
76 546
Free-cash
-84 611
-70 374
-67 880
-64 948

Estimated living cost  is ₽76546 per week

₽49777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6869
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽940
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18960
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽37150
-₽37151
-₽37151
-₽44325
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
-
surtax

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

-
-
-
-
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.

-
-
-
6 573
trade
-
-
-
-
total
-
-
-
6 573
Employee

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

57 825
-
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.

374
-
-
-
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.

6 800
-
-
-
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.

6 573
-
6 573
-
total
13 747
-
6 573
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
13 500
-
-
income
-
2 025
-
-
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.

-
111
-
-
chamber of commerce
-
164
-
-
trade
-
2 315
-
-
total
-
4 615
-
-
Dividends
-
8 884
-
-
surtax

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

-
102
-
-
withholding
-
1 855
-
-
total
-
1 957
-
-
Income
13 500
13 500
13 500
13 500
Total tax
13 747
6 572
6 573
6 573
After tax
-247
6 928
6 927
6 927
Living cost
44 078
44 078
44 078
44 078
Free-cash
-44 325
-37 150
-37 151
-37 151

Estimated living cost  is ₽44078 per week

₽32193
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3526
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.
₽7788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26115
-₽24087
-₽25503
-₽40539
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
other
-
-
-
418
surtax
-
-
-
-
social contributions
-
-
-
383
health
-
-
-
256
pensions
-
-
-
5 027
total
-
-
-
6 084
Employee
41 180
-
10 288
-
pensions
4 656
-
1 163
-
surtax
-
-
-
-
social contributions
1 174
-
294
-
income
2 430
-
-
-
total
8 260
-
1 457
-
Employer
41 180
-
10 288
-
health
2 883
-
719
-
pensions
6 765
-
1 691
-
unemployment
1 667
-
416
-
social contributions
124
-
31
-
other
1 421
-
354
-
total
12 860
-
3 211
-
Corporate
-
13 500
-
-
income
-
3 780
-
-
surtax
-
-
-
-
total
-
3 780
-
-
Dividends
-
9 720
-
-
surtax
-
-
-
-
social contributions
-
1 673
-
-
withholding
-
1 243
-
-
total
-
2 916
-
-
Income
13 500
13 500
13 500
13 500
Total tax
21 120
6 696
4 668
6 084
After tax
-7 620
6 804
8 832
7 416
Living cost
32 919
32 919
32 919
32 919
Free-cash
-40 539
-26 115
-24 087
-25 503

Estimated living cost  is ₽32919 per week

₽20757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8927
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22854
-₽20826
-₽22242
-₽34739
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
other
-
-
-
418
surtax
-
-
-
-
social contributions
-
-
-
383
health
-
-
-
256
pensions
-
-
-
5 027
total
-
-
-
6 084
Employee
36 759
-
10 288
-
pensions
4 158
-
1 163
-
surtax
-
-
-
-
social contributions
1 048
-
294
-
income
1 895
-
-
-
total
7 101
-
1 457
-
Employer
36 759
-
10 288
-
health
2 573
-
719
-
pensions
6 040
-
1 691
-
unemployment
1 488
-
416
-
social contributions
110
-
31
-
other
1 269
-
354
-
total
11 480
-
3 211
-
Corporate
-
13 500
-
-
income
-
3 780
-
-
surtax
-
-
-
-
total
-
3 780
-
-
Dividends
-
9 720
-
-
surtax
-
-
-
-
social contributions
-
1 673
-
-
withholding
-
1 243
-
-
total
-
2 916
-
-
Income
13 500
13 500
13 500
13 500
Total tax
18 581
6 696
4 668
6 084
After tax
-5 081
6 804
8 832
7 416
Living cost
29 658
29 658
29 658
29 658
Free-cash
-34 739
-22 854
-20 826
-22 242

Estimated living cost  is ₽29658 per week

₽17200
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3013
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8883
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12168
-₽12135
-₽11732
-₽21651
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 025
social contributions
-
-
-
1 862
health
-
-
-
942
total
-
-
-
4 829
Employee
32 624
-
13 500
-
social contributions
4 503
-
1 862
-
income
5 441
-
2 428
-
health
2 277
-
942
-
total
12 221
-
5 232
-
Employer
32 624
-
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%.

-
676
-
-
total
-
676
-
-
Dividends
-
12 824
-
-
social contributions
1 678
1 769
-
-
withholding
-
1 925
-
-
health
849
895
-
-
total
2 527
4 589
-
-
Income
13 500
13 500
13 500
13 500
Total tax
14 748
5 265
5 232
4 829
After tax
-1 248
8 235
8 268
8 671
Living cost
20 403
20 403
20 403
20 403
Free-cash
-21 651
-12 168
-12 135
-11 732

Estimated living cost  is ₽20403 per week

₽13654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1258
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.
₽5019
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽42312
-₽32887
-₽30081
-₽49525
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
surtax
-
-
-
190
unemployment
-
-
-
5 901
chamber of commerce
-
-
-
55
health
-
-
-
1 033
pensions
-
-
-
2 498
total
-
-
-
9 677
Employee
48 086
38 344
38 344
-
other
480
383
97
-
unemployment
1 442
1 150
288
-
pensions
4 925
3 926
982
-
income
5 474
2 828
4 505
-
health
1 861
1 484
371
-
total
14 182
9 771
6 243
-
Employer
48 086
38 344
38 344
-
chamber of commerce
192
153
153
-
health
1 817
1 450
363
-
pensions
6 035
4 813
1 205
-
accident
624
498
110
-
unemployment
1 442
1 150
288
-
surtax
190
190
190
-
payroll
1 442
1 150
1 150
-
other
2 284
1 820
1 578
-
total
14 026
11 224
5 037
-
Corporate
3 652
3 652
4 810
-
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.

913
913
1 203
-
total
913
913
1 203
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
13 500
13 500
13 500
13 500
Total tax
29 121
21 908
12 483
9 677
After tax
-15 621
-8 408
1 017
3 823
Living cost
33 904
33 904
33 904
33 904
Free-cash
-49 525
-42 312
-32 887
-30 081

Estimated living cost  is ₽33904 per week

₽22612
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2892
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7842
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27210
-₽28810
-₽29267
-₽75361
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
506
social contributions
-
-
-
5 072
national
-
-
-
2 107
total
-
-
-
7 685
Employee

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

68 826
-
10 454
-
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.

599
-
91
-
communal

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

3 590
-
546
-
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.

5 162
-
783
-
national
21 160
-
2 271
-
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.

3 234
-
491
-
total
33 745
-
4 182
-
Employer

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

68 826
-
10 454
-
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.

4 232
-
645
-
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.

6 099
-
926
-
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.

895
-
135
-
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.

1 004
-
153
-
surtax
7 804
-
1 187
-
total
20 034
-
3 046
-
Corporate
-
13 500
-
-
income
-
2 701
-
-
surtax
-
55
-
-
total
-
2 756
-
-
Dividends
-
10 745
-
-
withholding

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

-
2 872
-
-
total
-
2 872
-
-
Income
13 500
13 500
13 500
13 500
Total tax
53 779
5 628
7 228
7 685
After tax
-40 279
7 872
6 272
5 815
Living cost
35 082
35 082
35 082
35 082
Free-cash
-75 361
-27 210
-28 810
-29 267

Estimated living cost  is ₽35082 per week

₽22598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3068
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8869
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽25464
-₽33761
-₽28840
-₽49662
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
186
income
-
-
-
1 386
other
-
-
-
20
unemployment
-
-
-
144
pensions
-
-
-
5 856
total
-
-
-
7 592
Employee
47 895
-
3 257
-
other
47
-
33
-
unemployment
743
-
498
-
pensions
2 251
-
1 510
-
income
10 106
-
230
-
total
13 147
-
2 271
-
Employer
47 895
-
3 257
-
pensions
11 302
-
7 583
-
accident
948
-
635
-
unemployment
2 635
-
1 767
-
other
382
-
257
-
total
15 267
-
10 242
-
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
-
2 191
-
-
total
-
2 191
-
-
Income
13 500
13 500
13 500
13 500
Total tax
28 414
4 216
12 513
7 592
After tax
-14 914
9 284
987
5 908
Living cost
34 748
34 748
34 748
34 748
Free-cash
-49 662
-25 464
-33 761
-28 840

Estimated living cost  is ₽34748 per week

₽25588
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2465
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6194
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽43052
-₽50126
-₽50124
-₽68070
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
accident
-
-
-
413
income
-
-
-
-
surtax
-
-
-
163
health
-
-
-
3 433
pensions
-
-
-
7 326
total
-
-
-
11 335
Employee
72 865
-
8 028
-
pensions
5 828
-
3 663
-
surtax
4 466
-
163
-
income
7 038
-
-
-
health
3 243
-
2 038
-
total
20 575
-
5 864
-
Employer
72 865
-
8 028
-
health
2 222
-
1 397
-
pensions
5 828
-
3 663
-
accident
656
-
413
-
total
8 706
-
5 473
-
Corporate
-
13 500
-
-
communal
-
-
-
-
income
-
2 025
-
-
surtax
-
142
-
-
total
-
2 167
-
-
Dividends
-
11 333
-
-
income
-
396
-
-
withholding
-
1 700
-
-
total
-
2 096
-
-
Income
13 500
13 500
13 500
13 500
Total tax
29 281
4 263
11 337
11 335
After tax
-15 781
9 237
2 163
2 165
Living cost
52 289
52 289
52 289
52 289
Free-cash
-68 070
-43 052
-50 126
-50 124

Estimated living cost  is ₽52289 per week

₽39224
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3168
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9341
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13120
-₽14634
-₽13916
-₽25725
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 925
other
-
-
-
-
surtax
-
-
-
-
unemployment
-
-
-
219
health
-
-
-
959
pensions
-
-
-
2 701
total
-
-
-
5 804
Employee
32 403
-
10 798
-
other
-
-
-
-
unemployment
2 255
-
893
-
pensions
2 162
-
856
-
surtax
115
-
-
-
income
5 432
-
1 744
-
health
827
-
327
-
total
10 791
-
3 820
-
Employer
32 403
-
10 798
-
health
1 474
-
584
-
pensions
4 320
-
1 711
-
unemployment
1 028
-
407
-
other
-
-
-
-
total
6 822
-
2 702
-
Corporate
-
13 500
-
-
income
-
3 509
-
-
total
-
3 509
-
-
Dividends
-
9 991
-
-
withholding
-
1 499
-
-
total
-
1 499
-
-
Income
13 500
13 500
13 500
13 500
Total tax
17 613
5 008
6 522
5 804
After tax
-4 113
8 492
6 978
7 696
Living cost
21 612
21 612
21 612
21 612
Free-cash
-25 725
-13 120
-14 634
-13 916

Estimated living cost  is ₽21612 per week

₽13048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1879
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.
₽6184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18822
-₽23155
-₽21435
-₽39875
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 457
regional
-
-
-
122
municipal
-
-
-
47
national
-
-
-
1 390
total
-
-
-
9 016
Employee
53 374
-
13 500
-
municipal
283
-
29
-
national
8 456
-
856
-
regional
719
-
75
-
social contributions
17 998
-
9 776
-
total
27 456
-
10 736
-
Employer
53 374
-
13 500
-
total
-
-
-
-
Corporate
-
13 500
-
-
municipal
-
670
-
-
nationa
-
3 239
-
-
total
-
3 909
-
-
Dividends
-
9 591
-
-
withholding
-
2 494
-
-
total
-
2 494
-
-
Income
13 500
13 500
13 500
13 500
Total tax
27 456
6 403
10 736
9 016
After tax
-13 956
7 097
2 764
4 484
Living cost
25 919
25 919
25 919
25 919
Free-cash
-39 875
-18 822
-23 155
-21 435

Estimated living cost  is ₽25919 per week

₽16119
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2626
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6730
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20193
-₽22638
-₽22913
-₽44609
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 160
social contributions
-
-
-
3 942
solidarity contribution
-
-
-
-
health
-
-
-
1 823
total
-
-
-
6 925
Employee
43 365
-
10 075
-
solidarity contribution
-
-
-
-
social contributions
2 819
-
655
-
income
5 204
-
1 209
-
health
5 854
-
1 360
-
total
13 877
-
3 224
-
Employer
43 365
-
10 075
-
health
3 903
-
907
-
social contributions
10 841
-
2 519
-
total
14 744
-
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
28 621
4 205
6 650
6 925
After tax
-15 121
9 295
6 850
6 575
Living cost
29 488
29 488
29 488
29 488
Free-cash
-44 609
-20 193
-22 638
-22 913

Estimated living cost  is ₽29488 per week

₽21929
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1634
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.
₽5415
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽38915
-₽29539
-₽26684
-₽41578
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
surtax
-
-
-
-
unemployment
-
-
-
5 901
chamber of commerce
-
-
-
55
health
-
-
-
1 033
pensions
-
-
-
2 498
total
-
-
-
9 487
Employee
42 060
38 344
38 344
-
other
420
383
97
-
unemployment
1 262
1 150
288
-
pensions
4 307
3 926
982
-
income
3 747
2 828
4 505
-
health
1 627
1 484
371
-
total
11 363
9 771
6 243
-
Employer
42 060
38 344
38 344
-
chamber of commerce
168
153
153
-
health
1 590
1 450
363
-
pensions
5 279
4 813
1 205
-
accident
546
498
113
-
unemployment
1 262
1 150
288
-
surtax
-
-
-
-
payroll
1 262
1 150
1 150
-
other
1 998
1 820
1 578
-
total
12 105
11 034
4 850
-
Corporate
3 652
3 652
4 997
-
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.

913
913
1 249
-
total
913
913
1 249
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
13 500
13 500
13 500
13 500
Total tax
24 381
21 718
12 342
9 487
After tax
-10 881
-8 218
1 158
4 013
Living cost
30 697
30 697
30 697
30 697
Free-cash
-41 578
-38 915
-29 539
-26 684

Estimated living cost  is ₽30697 per week

₽18414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3135
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8600
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽546
-₽1479
₽1086
-₽1849
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 349
-
13 500
-
income
3 070
-
2 700
-
total
3 070
-
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
3 070
675
2 700
135
After tax
10 430
12 825
10 800
13 365
Living cost
12 279
12 279
12 279
12 279
Free-cash
-1 849
546
-1 479
1 086

Estimated living cost  is ₽12279 per week

₽8310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽515
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3042
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16513
-₽18162
-₽17670
-₽35673
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
1 550
unemployment
-
-
-
20
health
-
-
-
1 327
pensions
-
-
-
2 465
total
-
-
-
5 362
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.

42 548
-
11 681
-
unemployment
60
-
16
-
pensions
6 595
-
1 811
-
income
7 337
-
1 455
-
health
2 748
-
754
-
total
16 740
-
4 036
-
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.

42 548
-
11 681
-
health
2 834
-
778
-
pensions
3 765
-
1 033
-
unemployment
26
-
7
-
total
6 625
-
1 818
-
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
23 365
4 205
5 854
5 362
After tax
-9 865
9 295
7 646
8 138
Living cost
25 808
25 808
25 808
25 808
Free-cash
-35 673
-16 513
-18 162
-17 670

Estimated living cost  is ₽25808 per week

₽17711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1654
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5943
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽33403
-₽40983
-₽32286
-₽130307
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 631
social contributions
-
-
-
1 539
total
-
-
-
4 170
Employee
59 671
-
1 509
-
social contributions
4 893
-
697
-
income
13 162
-
179
-
total
18 055
-
876
-
Employer
59 671
-
1 509
-
social contributions
84 136
-
11 991
-
total
84 136
-
11 991
-
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
102 191
5 287
12 867
4 170
After tax
-88 691
8 213
633
9 330
Living cost
41 616
41 616
41 616
41 616
Free-cash
-130 307
-33 403
-40 983
-32 286

Estimated living cost  is ₽41616 per week

₽27002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3914
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10169
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22502
-₽21880
-₽22161
-₽41264
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
789
surtax
-
-
-
-
social contributions

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

-
-
-
4 691
total
-
-
-
5 480
Employee
44 253
-
10 909
-
surtax
-
-
-
-
social contributions
4 868
-
1 200
-
income
9 205
-
1 408
-
total
14 073
-
2 608
-
Employer
44 253
-
10 909
-
social contributions
10 510
-
2 591
-
total
10 510
-
2 591
-
Corporate
-
13 500
-
-
income
-
2 836
-
-
surtax
-
-
-
-
total
-
2 836
-
-
Dividends
-
10 664
-
-
withholding
-
2 985
-
-
total
-
2 985
-
-
Income
13 500
13 500
13 500
13 500
Total tax
24 583
5 821
5 199
5 480
After tax
-11 083
7 679
8 301
8 020
Living cost
30 181
30 181
30 181
30 181
Free-cash
-41 264
-22 502
-21 880
-22 161

Estimated living cost  is ₽30181 per week

₽22581
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5315
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽39668
-₽37640
-₽39056
-₽65584
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
other
-
-
-
418
surtax
-
-
-
-
social contributions
-
-
-
383
health
-
-
-
256
pensions
-
-
-
5 027
total
-
-
-
6 084
Employee
60 263
-
10 288
-
pensions
6 816
-
1 163
-
surtax
-
-
-
-
social contributions
1 716
-
294
-
income
5 258
-
-
-
total
13 790
-
1 457
-
Employer
60 263
-
10 288
-
health
4 218
-
719
-
pensions
9 902
-
1 691
-
unemployment
2 441
-
416
-
social contributions
181
-
31
-
other
2 080
-
354
-
total
18 822
-
3 211
-
Corporate
-
13 500
-
-
income
-
3 780
-
-
surtax
-
-
-
-
total
-
3 780
-
-
Dividends
-
9 720
-
-
surtax
-
-
-
-
social contributions
-
1 673
-
-
withholding
-
1 243
-
-
total
-
2 916
-
-
Income
13 500
13 500
13 500
13 500
Total tax
32 612
6 696
4 668
6 084
After tax
-19 112
6 804
8 832
7 416
Living cost
46 472
46 472
46 472
46 472
Free-cash
-65 584
-39 668
-37 640
-39 056

Estimated living cost  is ₽46472 per week

₽31452
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3802
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽637
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16772
-₽17994
-₽18392
-₽22228
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 969
total
-
-
-
2 969
Employee
30 933
-
11 689
-
income
-
-
-
-
social contributions
2 010
-
760
-
total
2 010
-
760
-
Employer
30 933
-
11 689
-
social contributions
4 795
-
1 811
-
total
4 795
-
1 811
-
Corporate
-
13 500
-
-
income
-
1 349
-
-
total
-
1 349
-
-
Dividends
-
12 151
-
-
total
-
-
-
-
Income
13 500
13 500
13 500
13 500
Total tax
6 805
1 349
2 571
2 969
After tax
6 695
12 151
10 929
10 531
Living cost
28 923
28 923
28 923
28 923
Free-cash
-22 228
-16 772
-17 994
-18 392

Estimated living cost  is ₽28923 per week

₽18701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2180
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽195806
-₽195806
-₽34819
-₽195806
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 013
municipal
-
-
-
35
national
-
-
-
173
pensions
-
-
-
833
total
-
-
-
2 054
Employee
195 275
195 275
195 275
-
municipal
41 583
41 583
41 583
-
labour market
15 600
15 600
15 600
-
pensions
278
278
278
-
national
23 856
23 856
23 856
-
total
81 317
81 317
81 317
-
Employer
195 275
195 275
195 275
-
national
23 898
23 898
23 898
-
labour market
15 622
15 622
15 622
-
pensions
555
555
555
-
municipal
41 649
41 649
41 649
-
total
81 724
81 724
81 724
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
13 500
13 500
13 500
13 500
Total tax
163 041
163 041
163 041
2 054
After tax
-149 541
-149 541
-149 541
11 446
Living cost
46 265
46 265
46 265
46 265
Free-cash
-195 806
-195 806
-195 806
-34 819

Estimated living cost  is ₽46265 per week

₽31665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4093
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽712
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9797
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
-₽20061
-₽14026
-₽15642
-₽26560
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
246
income
-
-
-
1 190
other
-
-
-
362
health
-
-
-
2 128
pensions
-
-
-
4 061
total
-
-
-
7 987
Employee
33 278
-
11 215
-
pensions
3 747
-
1 263
-
income
4 565
-
1 538
-
health
3 811
-
1 284
-
total
12 123
-
4 085
-
Employer
33 278
-
11 215
-
pensions
5 411
-
1 824
-
accident
556
-
187
-
unemployment
815
-
275
-
total
6 782
-
2 286
-
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
-
256
-
-
total
-
256
-
-
Income
13 500
13 500
13 500
13 500
Total tax
18 905
12 406
6 371
7 987
After tax
-5 405
1 094
7 129
5 513
Living cost
21 155
21 155
21 155
21 155
Free-cash
-26 560
-20 061
-14 026
-15 642

Estimated living cost  is ₽21155 per week

₽15398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27599
-₽28395
-₽25871
-₽46675
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
municipal
-
-
-
2 430
national
-
-
-
-
total
-
-
-
2 430
Employee
50 622
-
11 358
-
municipal
8 292
-
1 875
-
unemployment
760
-
170
-
pensions
3 416
-
767
-
national
836
-
-
-
health
378
-
-
-
total
13 682
-
2 812
-
Employer
50 622
-
11 358
-
health
389
-
88
-
pensions
8 783
-
1 970
-
accident
51
-
11
-
unemployment
329
-
73
-
total
9 552
-
2 142
-
Corporate
-
13 500
-
-
income
-
2 701
-
-
total
-
2 701
-
-
Dividends

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

-
8 100
-
-
municipal
-
1 457
-
-
national
-
-
-
-
total
-
1 457
-
-
Income
13 500
13 500
13 500
13 500
Total tax
23 234
4 158
4 954
2 430
After tax
-9 734
9 342
8 546
11 070
Living cost
36 941
36 941
36 941
36 941
Free-cash
-46 675
-27 599
-28 395
-25 871

Estimated living cost  is ₽36941 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3553
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8671
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30535
-₽22124
-₽15416
-₽23623
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 578
income
-
-
-
-
social contributions
-
-
-
5 706
health
-
-
-
933
total
-
-
-
6 639
Employee
73 987
73 987
73 987
-
social contributions
2 797
6 141
2 071
-
income
8 056
6 849
8 319
-
health
573
1 258
424
-
total
11 426
14 248
10 814
-
Employer
73 987
73 987
73 987
-
health
623
1 369
462
-
social contributions
2 797
6 141
2 071
-
total
3 420
7 510
2 533
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
13 500
13 500
13 500
13 500
Total tax
14 846
21 758
13 347
6 639
After tax
-1 346
-8 258
153
6 861
Living cost
22 277
22 277
22 277
22 277
Free-cash
-23 623
-30 535
-22 124
-15 416

Estimated living cost  is ₽22277 per week

₽13351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2186
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6248
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4098
-₽8224
-₽11755
-₽10859
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
349
unemployment
-
-
-
27
health
-
-
-
3 482
pensions
-
-
-
6 120
total
-
-
-
9 978
Employee

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

22 085
-
11 773
-
unemployment
110
-
84
-
pensions
3 312
-
2 514
-
income
1 510
-
698
-
health
1 877
-
1 424
-
total
6 809
-
4 720
-
Employer

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

22 085
-
11 773
-
health
949
-
721
-
pensions
1 214
-
922
-
unemployment
110
-
84
-
total
2 273
-
1 727
-
Corporate
-
13 500
-
-
income
-
1 214
-
-
total
-
1 214
-
-
Dividends
-
12 286
-
-
withholding
-
1 107
-
-
total
-
1 107
-
-
Income
13 500
13 500
13 500
13 500
Total tax
9 082
2 321
6 447
9 978
After tax
4 418
11 179
7 053
3 522
Living cost
15 277
15 277
15 277
15 277
Free-cash
-10 859
-4 098
-8 224
-11 755

Estimated living cost  is ₽15277 per week

₽9747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1101
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.
₽3973
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17175
-₽25472
-₽20551
-₽33420
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
186
income
-
-
-
1 386
other
-
-
-
20
unemployment
-
-
-
144
pensions
-
-
-
5 856
total
-
-
-
7 592
Employee
35 578
-
3 257
-
other
35
-
33
-
unemployment
551
-
498
-
pensions
1 673
-
1 510
-
income
6 859
-
230
-
total
9 118
-
2 271
-
Employer
35 578
-
3 257
-
pensions
8 396
-
7 583
-
accident
705
-
635
-
unemployment
1 957
-
1 767
-
other
285
-
257
-
total
11 343
-
10 242
-
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
-
2 191
-
-
total
-
2 191
-
-
Income
13 500
13 500
13 500
13 500
Total tax
20 461
4 216
12 513
7 592
After tax
-6 961
9 284
987
5 908
Living cost
26 459
26 459
26 459
26 459
Free-cash
-33 420
-17 175
-25 472
-20 551

Estimated living cost  is ₽26459 per week

₽17859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2544
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5593
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6554
₽5674
₽5807
₽6248
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 470
health
-
-
-
989
pensions
-
-
-
1 364
total
-
-
-
5 823
Employee
2 848
-
11 965
-
unemployment
28
-
68
-
pensions
256
-
614
-
income
551
-
3 399
-
health
142
-
341
-
total
977
-
4 422
-
Employer
2 848
-
11 965
-
health
271
-
648
-
pensions
313
-
750
-
unemployment
57
-
136
-
total
641
-
1 534
-
Corporate
10 011
13 500
-
-
income
2 202
2 970
-
-
total
2 202
2 970
-
-
Dividends
7 809
10 530
-
-
withholding
1 562
2 106
-
-
total
1 562
2 106
-
-
Income
13 500
13 500
13 500
13 500
Total tax
5 382
5 076
5 956
5 823
After tax
8 118
8 424
7 544
7 677
Living cost
1 870
1 870
1 870
1 870
Free-cash
6 248
6 554
5 674
5 807

Estimated living cost  is ₽1870 per week

₽1111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽152
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6879
-₽8190
-₽8790
-₽16071
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
554
unemployment
-
-
-
202
health
-
-
-
1 391
pensions
-
-
-
3 510
total
-
-
-
5 657
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.

25 081
-
11 450
-
unemployment
188
-
86
-
pensions
3 511
-
1 603
-
income
3 457
-
728
-
health
1 292
-
590
-
total
8 448
-
3 007
-
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.

25 081
-
11 450
-
health
1 292
-
590
-
pensions
3 010
-
1 374
-
unemployment
188
-
86
-
total
4 490
-
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
12 938
3 746
5 057
5 657
After tax
562
9 754
8 443
7 843
Living cost
16 633
16 633
16 633
16 633
Free-cash
-16 071
-6 879
-8 190
-8 790

Estimated living cost  is ₽16633 per week

₽11199
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3666
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18261
-₽17639
-₽17920
-₽32714
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
789
surtax
-
-
-
-
social contributions

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

-
-
-
4 691
total
-
-
-
5 480
Employee
37 344
-
10 909
-
surtax
-
-
-
-
social contributions
4 108
-
1 200
-
income
7 297
-
1 408
-
total
11 405
-
2 608
-
Employer
37 344
-
10 909
-
social contributions
8 869
-
2 591
-
total
8 869
-
2 591
-
Corporate
-
13 500
-
-
income
-
2 836
-
-
surtax
-
-
-
-
total
-
2 836
-
-
Dividends
-
10 664
-
-
withholding
-
2 985
-
-
total
-
2 985
-
-
Income
13 500
13 500
13 500
13 500
Total tax
20 274
5 821
5 199
5 480
After tax
-6 774
7 679
8 301
8 020
Living cost
25 940
25 940
25 940
25 940
Free-cash
-32 714
-18 261
-17 639
-17 920

Estimated living cost  is ₽25940 per week

₽18372
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1802
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5306
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24531
-₽32828
-₽27907
-₽47784
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
186
income
-
-
-
1 386
other
-
-
-
20
unemployment
-
-
-
144
pensions
-
-
-
5 856
total
-
-
-
7 592
Employee
46 469
-
3 257
-
other
46
-
33
-
unemployment
719
-
498
-
pensions
2 184
-
1 510
-
income
9 706
-
230
-
total
12 655
-
2 271
-
Employer
46 469
-
3 257
-
pensions
10 966
-
7 583
-
accident
920
-
635
-
unemployment
2 556
-
1 767
-
other
372
-
257
-
total
14 814
-
10 242
-
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
-
2 191
-
-
total
-
2 191
-
-
Income
13 500
13 500
13 500
13 500
Total tax
27 469
4 216
12 513
7 592
After tax
-13 969
9 284
987
5 908
Living cost
33 815
33 815
33 815
33 815
Free-cash
-47 784
-24 531
-32 828
-27 907

Estimated living cost  is ₽33815 per week

₽24285
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2629
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6425
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4997
-₽8018
-₽8669
-₽12701
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 025
unemployment
-
-
-
54
health
-
-
-
1 552
pensions

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

-
-
-
1 998
total
-
-
-
5 629
Employee
21 902
-
11 285
-
accident

We are using the highest rate at 1.1%.

241
-
124
-
pensions

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

1 923
-
991
-
income
2 191
-
1 129
-
health
1 008
-
519
-
total
5 363
-
2 763
-
Employer
21 902
-
11 285
-
health
1 511
-
779
-
pensions

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

2 414
-
1 244
-
accident

We are using the highest rate at 1.1%.

241
-
124
-
unemployment
132
-
68
-
total
4 298
-
2 215
-
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
9 661
1 957
4 978
5 629
After tax
3 839
11 543
8 522
7 871
Living cost
16 540
16 540
16 540
16 540
Free-cash
-12 701
-4 997
-8 018
-8 669

Estimated living cost  is ₽16540 per week

₽10940
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽947
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4260
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29944
-₽30220
-₽30220
-₽34374
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
-
surtax

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

-
-
-
-
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.

-
-
-
6 573
trade
-
-
-
-
total
-
-
-
6 573
Employee

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

47 875
-
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.

217
-
-
-
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.

3 937
-
-
-
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.

6 573
-
6 573
-
total
10 727
-
6 573
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
13 500
-
-
income
-
2 025
-
-
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.

-
111
-
-
chamber of commerce
-
166
-
-
trade
-
1 937
-
-
total
-
4 239
-
-
Dividends
-
9 260
-
-
surtax

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

-
108
-
-
withholding
-
1 950
-
-
total
-
2 058
-
-
Income
13 500
13 500
13 500
13 500
Total tax
10 727
6 297
6 573
6 573
After tax
2 773
7 203
6 927
6 927
Living cost
37 147
37 147
37 147
37 147
Free-cash
-34 374
-29 944
-30 220
-30 220

Estimated living cost  is ₽37147 per week

₽25625
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6986
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽45360
-₽41310
-₽41310
-₽61765
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-175
social contributions
-
-
-
175
total
-
-
-
-
Employee
75 264
-
13 500
-
income
14 202
-
-175
-
social contributions
6 253
-
175
-
total
20 455
-
-
-
Employer
75 264
-
13 500
-
total
-
-
-
-
Corporate
-
13 500
-
-
income
-
1 687
-
-
total
-
1 687
-
-
Dividends
-
11 813
-
-
withholding
-
2 363
-
-
total
-
2 363
-
-
Income
13 500
13 500
13 500
13 500
Total tax
20 455
4 050
-
-
After tax
-6 955
9 450
13 500
13 500
Living cost
54 810
54 810
54 810
54 810
Free-cash
-61 765
-45 360
-41 310
-41 310

Estimated living cost  is ₽54810 per week

₽41699
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4466
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8122
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29024
-₽24773
-₽54706
-₽37932
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
27 389
health

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

-
-
-
5 890
total
-
-
-
33 279
Employee
44 139
-
11 827
-
income
4 789
-
-
-
social contributions
4 422
-
1 673
-
total
9 211
-
1 673
-
Employer
44 139
-
11 827
-
social contributions
4 422
-
1 673
-
total
4 422
-
1 673
-
Corporate
-
13 500
-
-
income
-
4 725
-
-
total
-
4 725
-
-
Dividends
-
8 775
-
-
social contributions
2 872
2 872
-
-
total
2 872
2 872
-
-
Income
13 500
13 500
13 500
13 500
Total tax
16 505
7 597
3 346
33 279
After tax
-3 005
5 903
10 154
-19 779
Living cost
34 927
34 927
34 927
34 927
Free-cash
-37 932
-29 024
-24 773
-54 706

Estimated living cost  is ₽34927 per week

₽23007
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8631
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽25207
-₽24746
-₽24770
-₽40801
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 639
pensions
-
-
-
310
total
-
-
-
2 949
Employee
48 483
-
13 217
-
pensions
3 700
-
-
-
income
8 829
-
2 643
-
health
632
-
-
-
total
13 161
-
2 643
-
Employer
48 483
-
13 217
-
health
921
-
251
-
pensions
4 898
-
31
-
total
5 819
-
282
-
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
-
821
-
-
total
-
821
-
-
Income
13 500
13 500
13 500
13 500
Total tax
18 980
3 386
2 925
2 949
After tax
-5 480
10 114
10 575
10 551
Living cost
35 321
35 321
35 321
35 321
Free-cash
-40 801
-25 207
-24 746
-24 770

Estimated living cost  is ₽35321 per week

₽24230
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3248
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7399
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽22155
-₽16120
-₽17736
-₽30524
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
246
income
-
-
-
1 190
other
-
-
-
362
health
-
-
-
2 128
pensions
-
-
-
4 061
total
-
-
-
7 987
Employee
36 572
-
11 215
-
pensions
4 118
-
1 263
-
income
5 017
-
1 538
-
health
4 187
-
1 284
-
total
13 322
-
4 085
-
Employer
36 572
-
11 215
-
pensions
5 946
-
1 824
-
accident
611
-
187
-
unemployment
896
-
275
-
total
7 453
-
2 286
-
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
-
256
-
-
total
-
256
-
-
Income
13 500
13 500
13 500
13 500
Total tax
20 775
12 406
6 371
7 987
After tax
-7 275
1 094
7 129
5 513
Living cost
23 249
23 249
23 249
23 249
Free-cash
-30 524
-22 155
-16 120
-17 736

Estimated living cost  is ₽23249 per week

₽17062
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1355
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.
₽4364
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1499
-₽4536
-₽4536
-₽7259
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
1 350
unemployment
-
-
-
162
work injury
-
-
-
67
health insurance
-
-
-
999
pensions
-
-
-
2 484
total
-
-
-
5 062
Employee

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

20 758
-
13 500
-
health insurance
1 536
-
999
-
unemployment
249
-
162
-
work injury
104
-
67
-
pensions
3 820
-
2 484
-
income
2 076
-
1 350
-
total
7 785
-
5 062
-
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
7 785
2 025
5 062
5 062
After tax
5 715
11 475
8 438
8 438
Living cost
12 974
12 974
12 974
12 974
Free-cash
-7 259
-1 499
-4 536
-4 536

Estimated living cost  is ₽12974 per week

₽8038
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31220
-₽35560
-₽33837
-₽67581
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 457
regional
-
-
-
104
municipal
-
-
-
55
national
-
-
-
1 390
total
-
-
-
9 006
Employee
81 080
-
13 500
-
municipal
484
-
33
-
national
13 702
-
856
-
regional
1 224
-
64
-
social contributions
27 340
-
9 776
-
total
42 750
-
10 729
-
Employer
81 080
-
13 500
-
total
-
-
-
-
Corporate
-
13 500
-
-
municipal
-
650
-
-
nationa
-
3 239
-
-
total
-
3 889
-
-
Dividends
-
9 611
-
-
withholding
-
2 500
-
-
total
-
2 500
-
-
Income
13 500
13 500
13 500
13 500
Total tax
42 750
6 389
10 729
9 006
After tax
-29 250
7 111
2 771
4 494
Living cost
38 331
38 331
38 331
38 331
Free-cash
-67 581
-31 220
-35 560
-33 837

Estimated living cost  is ₽38331 per week

₽26925
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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