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
-₽23170
-₽21978
-₽22090
-₽22090
S + D Salary + Dividends

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

Dividends

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

Salary

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

-
-
-
-
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.

-
-
-
6 550
surtax

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

-
-
-
-
total
-
-
-
6 550
Employee

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

36 671
-
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.

56
-
-
-
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.

6 550
-
6 550
-
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.

1 024
-
-
-
total
7 630
-
6 550
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
13 500
-
-
trade
-
2 127
-
-
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
-
-
total
-
4 429
-
-
Dividends
-
9 071
-
-
withholding
-
1 903
-
-
surtax

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

-
106
-
-
total
-
2 009
-
-
Income
13 500
13 500
13 500
13 500
Total tax
7 630
6 438
6 550
6 550
After tax
5 870
7 062
6 950
6 950
Living cost
29 040
29 040
29 040
29 040
Free-cash
-23 170
-21 978
-22 090
-22 090

Estimated living cost  is ₽29040 per week

₽18267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3386
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6845
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽69582
-₽40711
-₽38226
-₽38331
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
1 620
municipal
-
-
-
365
national
-
-
-
566
total
-
-
-
2 696
Employee
76 169
-
11 671
-
national
14 579
-
647
-
municipal
9 408
-
418
-
pensions
3 047
-
467
-
total
27 034
-
1 532
-
Employer
76 169
-
11 671
-
pensions
6 094
-
934
-
social contributions
819
-
125
-
total
6 913
-
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
33 947
5 076
2 591
2 696
After tax
-20 447
8 424
10 909
10 804
Living cost
49 135
49 135
49 135
49 135
Free-cash
-69 582
-40 711
-38 226
-38 331

Estimated living cost  is ₽49135 per week

₽33397
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4568
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽735
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21263
-₽9146
-₽12199
-₽11489
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
3 018
income
-
-
-
-
microenterprise
-
-
-
2 025
surtax
-
-
-
-
total
-
-
-
5 043
Employee
28 016
-
10 878
-
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.

3 082
-
1 197
-
income
4 987
-
1 936
-
total
8 069
-
3 133
-
Employer
28 016
-
10 878
-
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.

6 748
-
2 620
-
surtax
-
-
-
-
total
6 748
-
2 620
-
Corporate
-
13 500
-
-
income

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

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

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

-
10 800
-
-
total
-
-
-
-
Income
13 500
13 500
13 500
13 500
Total tax
14 817
2 700
5 753
5 043
After tax
-1 317
10 800
7 747
8 457
Living cost
19 946
19 946
19 946
19 946
Free-cash
-21 263
-9 146
-12 199
-11 489

Estimated living cost  is ₽19946 per week

₽12725
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1899
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4869
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽81706
-₽76324
-₽81706
-₽32380
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 215
pensions
-
-
-
2 429
health
-
-
-
2 072
total
-
-
-
5 716
Employee
81 875
81 875
81 875
-
health
12 567
10 689
12 567
-
pensions
14 737
11 233
14 737
-
income

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

13 402
13 402
13 402
-
total
40 706
35 324
40 706
-
Employer
81 875
81 875
81 875
-
pensions
5 698
5 698
5 698
-
unemployment
2 947
2 947
2 947
-
health
5 691
5 691
5 691
-
total
14 336
14 336
14 336
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
13 500
13 500
13 500
13 500
Total tax
55 042
49 660
55 042
5 716
After tax
-41 542
-36 160
-41 542
7 784
Living cost
40 164
40 164
40 164
40 164
Free-cash
-81 706
-76 324
-81 706
-32 380

Estimated living cost  is ₽40164 per week

₽28463
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7441
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽60299
-₽32039
-₽32202
-₽32679
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 569
unemployment
-
-
-
13
pensions
-
-
-
1 459
municipal
-
-
-
2 859
accident
-
-
-
27
national
-
-
-
-
health
-
-
-
842
total
-
-
-
6 769
Employee
56 156
-
10 272
-
national
-
-
-
-
municipal
16 746
-
3 063
-
total
16 746
-
3 063
-
Employer
56 156
-
10 272
-
other
6 525
-
1 194
-
accident
112
-
21
-
pensions
6 070
-
1 111
-
unemployment
1 482
-
271
-
health
3 454
-
632
-
total
17 643
-
3 229
-
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
34 389
6 129
6 292
6 769
After tax
-20 889
7 371
7 208
6 731
Living cost
39 410
39 410
39 410
39 410
Free-cash
-60 299
-32 039
-32 202
-32 679

Estimated living cost  is ₽39410 per week

₽26120
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3867
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.
₽8825
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽35120
-₽30671
-₽30714
-₽30714
S + D Salary + Dividends

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

Dividends

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

Salary

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

-
-
-
-
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.

-
-
-
6 550
surtax

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

-
-
-
-
total
-
-
-
6 550
Employee

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

48 621
-
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.

229
-
-
-
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.

6 550
-
6 550
-
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.

4 177
-
-
-
total
10 956
-
6 550
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
13 500
-
-
trade
-
2 222
-
-
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
-
-
total
-
4 524
-
-
Dividends
-
8 977
-
-
withholding
-
1 879
-
-
surtax

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

-
104
-
-
total
-
1 983
-
-
Income
13 500
13 500
13 500
13 500
Total tax
10 956
6 507
6 550
6 550
After tax
2 544
6 993
6 950
6 950
Living cost
37 664
37 664
37 664
37 664
Free-cash
-35 120
-30 671
-30 714
-30 714

Estimated living cost  is ₽37664 per week

₽25190
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3972
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.
₽7940
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽34035
-₽39279
-₽30894
-₽24213
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 448
social contributions
-
-
-
5 686
income
-
-
-
-
health
-
-
-
930
total
-
-
-
6 616
Employee
73 724
73 724
73 724
-
health
733
1 254
422
-
social contributions
3 582
6 119
2 063
-
income
7 742
6 825
8 289
-
total
12 057
14 198
10 774
-
Employer
73 724
73 724
73 724
-
social contributions
3 582
6 119
2 063
-
health
799
1 365
460
-
total
4 381
7 484
2 523
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
13 500
13 500
13 500
13 500
Total tax
16 438
21 682
13 297
6 616
After tax
-2 938
-8 182
203
6 884
Living cost
31 097
31 097
31 097
31 097
Free-cash
-34 035
-39 279
-30 894
-24 213

Estimated living cost  is ₽31097 per week

₽21258
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2429
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17124
-₽9888
-₽9927
-₽8401
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
203
income
-
-
-
1 650
pensions
-
-
-
1 350
health
-
-
-
945
total
-
-
-
4 148
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.

25 627
10 199
11 297
-
unemployment
384
153
169
-
health
1 794
714
791
-
pensions
2 563
1 020
1 130
-
income
3 133
1 247
1 381
-
total
7 874
3 134
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.

25 627
10 199
11 297
-
pensions
4 997
1 989
2 203
-
total
4 997
1 989
2 203
-
Corporate
-
1 312
-
-
income
-
118
-
-
total
-
118
-
-
Dividends
-
1 194
-
-
withholding
-
227
-
-
social contributions
-
167
-
-
total
-
394
-
-
Income
13 500
13 500
13 500
13 500
Total tax
12 871
5 635
5 674
4 148
After tax
629
7 865
7 826
9 352
Living cost
17 753
17 753
17 753
17 753
Free-cash
-17 124
-9 888
-9 927
-8 401

Estimated living cost  is ₽17753 per week

₽12115
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1453
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽355
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3831
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22892
-₽12358
-₽13740
-₽14114
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
pensions
-
-
-
2 700
health
-
-
-
1 756
total
-
-
-
4 456
Employee
27 199
-
9 810
-
unemployment
435
-
175
-
pensions
544
-
218
-
income
3 062
-
-
-
total
4 041
-
393
-
Employer
27 199
-
9 810
-
pensions
5 440
-
2 183
-
unemployment
218
-
87
-
health
3 535
-
1 419
-
total
9 193
-
3 689
-
Corporate
-
13 500
-
-
income
-
2 700
-
-
total
-
2 700
-
-
Dividends
-
10 800
-
-
total
-
-
-
-
Income
13 500
13 500
13 500
13 500
Total tax
13 234
2 700
4 082
4 456
After tax
266
10 800
9 418
9 044
Living cost
23 158
23 158
23 158
23 158
Free-cash
-22 892
-12 358
-13 740
-14 114

Estimated living cost  is ₽23158 per week

₽15884
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5429
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27311
-₽20457
-₽14422
-₽16058
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
363
income
-
-
-
1 185
pensions
-
-
-
4 076
accident
-
-
-
247
health
-
-
-
2 136
total
-
-
-
8 007
Employee
33 901
-
11 214
-
health
3 882
-
1 284
-
pensions
3 817
-
1 263
-
income
4 651
-
1 539
-
total
12 350
-
4 086
-
Employer
33 901
-
11 214
-
accident
566
-
187
-
pensions
5 513
-
1 823
-
unemployment
831
-
275
-
total
6 910
-
2 285
-
Corporate
-
13 500
-
-
income

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

-
12 150
-
-
total
-
12 150
-
-
Dividends
-
1 350
-
-
withholding
-
256
-
-
total
-
256
-
-
Income
13 500
13 500
13 500
13 500
Total tax
19 260
12 406
6 371
8 007
After tax
-5 760
1 094
7 129
5 493
Living cost
21 551
21 551
21 551
21 551
Free-cash
-27 311
-20 457
-14 422
-16 058

Estimated living cost  is ₽21551 per week

₽15795
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1194
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3515
₽4985
₽2960
₽5525
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 800
-
13 500
-
income
1 960
-
2 700
-
total
1 960
-
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%.

3 700
13 500
-
-
total
-
-
-
-
Dividends
3 700
13 500
-
-
withholding
185
675
-
-
total
185
675
-
-
Income
13 500
13 500
13 500
13 500
Total tax
2 145
675
2 700
135
After tax
11 355
12 825
10 800
13 365
Living cost
7 840
7 840
7 840
7 840
Free-cash
3 515
4 985
2 960
5 525

Estimated living cost  is ₽7840 per week

₽4859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽652
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽216
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30086
-₽15628
-₽17633
-₽18236
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
640
income
-
-
-
1 716
pensions

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

-
-
-
3 240
health
-
-
-
593
total
-
-
-
6 189
Employee
34 812
-
10 782
-
unemployment
348
-
107
-
health
488
-
151
-
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.

2 436
-
755
-
income
5 993
-
1 856
-
total
9 265
-
2 869
-
Employer
34 812
-
10 782
-
other
1 741
-
539
-
accident
278
-
86
-
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.

5 919
-
1 834
-
unemployment
348
-
107
-
health
488
-
151
-
total
8 774
-
2 717
-
Corporate
-
13 500
-
-
income
-
2 835
-
-
total
-
2 835
-
-
Dividends
-
10 665
-
-
withholding
-
746
-
-
total
-
746
-
-
Income
13 500
13 500
13 500
13 500
Total tax
18 039
3 581
5 586
6 189
After tax
-4 539
9 919
7 914
7 311
Living cost
25 547
25 547
25 547
25 547
Free-cash
-30 086
-15 628
-17 633
-18 236

Estimated living cost  is ₽25547 per week

₽18051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1725
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽411
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽87601
-₽52726
-₽52284
-₽52287
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 638
pensions
-
-
-
306
total
-
-
-
2 944
Employee
88 913
-
13 200
-
health
1 465
-
-
-
pensions
8 578
-
-
-
income
16 028
-
2 641
-
total
26 071
-
2 641
-
Employer
88 913
-
13 200
-
pensions
10 498
-
50
-
health
1 689
-
250
-
total
12 187
-
300
-
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.

-
2 564
-
-
total
-
2 564
-
-
Dividends
-
10 936
-
-
withholding
-
819
-
-
total
-
819
-
-
Income
13 500
13 500
13 500
13 500
Total tax
38 258
3 383
2 941
2 944
After tax
-24 758
10 117
10 559
10 556
Living cost
62 843
62 843
62 843
62 843
Free-cash
-87 601
-52 726
-52 284
-52 287

Estimated living cost  is ₽62843 per week

₽47089
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7384
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7860
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽6414
-₽1030
-₽4050
-₽4702
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
1 998
health
-
-
-
1 553
total
-
-
-
5 630
Employee
16 647
-
11 286
-
accident

We are using the highest rate at 1.1%.

183
-
124
-
health
766
-
519
-
pensions

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

1 462
-
991
-
income
1 664
-
1 129
-
total
4 075
-
2 763
-
Employer
16 647
-
11 286
-
accident

We are using the highest rate at 1.1%.

183
-
124
-
pensions

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

1 835
-
1 244
-
unemployment
100
-
68
-
health
1 149
-
779
-
total
3 267
-
2 215
-
Corporate
-
13 500
-
-
income
-
1 350
-
-
total
-
1 350
-
-
Dividends
-
12 150
-
-
withholding
-
608
-
-
total
-
608
-
-
Income
13 500
13 500
13 500
13 500
Total tax
7 342
1 958
4 978
5 630
After tax
6 158
11 542
8 522
7 870
Living cost
12 572
12 572
12 572
12 572
Free-cash
-6 414
-1 030
-4 050
-4 702

Estimated living cost  is ₽12572 per week

₽7340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽898
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽333
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4001
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽90952
-₽89325
-₽94707
-₽45381
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 215
pensions
-
-
-
2 429
health
-
-
-
2 072
total
-
-
-
5 716
Employee
88 889
81 875
81 875
-
health
11 089
10 689
12 567
-
pensions
11 233
11 233
14 737
-
income

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

13 402
13 402
13 402
-
total
35 724
35 324
40 706
-
Employer
88 889
81 875
81 875
-
pensions
6 186
5 698
5 698
-
unemployment
3 200
2 947
2 947
-
health
6 177
5 691
5 691
-
total
15 563
14 336
14 336
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
13 500
13 500
13 500
13 500
Total tax
51 287
49 660
55 042
5 716
After tax
-37 787
-36 160
-41 542
7 784
Living cost
53 165
53 165
53 165
53 165
Free-cash
-90 952
-89 325
-94 707
-45 381

Estimated living cost  is ₽53165 per week

₽39218
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽610
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽33388
-₽14499
-₽16944
-₽17218
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 942
income
-
-
-
1 160
health
-
-
-
1 822
solidarity contribution
-
-
-
-
total
-
-
-
6 924
Employee
34 992
-
10 075
-
solidarity contribution
-
-
-
-
health
4 724
-
1 360
-
social contributions
2 274
-
655
-
income
4 199
-
1 209
-
total
11 197
-
3 224
-
Employer
34 992
-
10 075
-
social contributions
8 748
-
2 519
-
health
3 149
-
907
-
total
11 897
-
3 426
-
Corporate
-
13 500
-
-
income
-
2 565
-
-
total
-
2 565
-
-
Dividends
-
10 935
-
-
withholding
-
1 640
-
-
total
-
1 640
-
-
Income
13 500
13 500
13 500
13 500
Total tax
23 094
4 205
6 650
6 924
After tax
-9 594
9 295
6 850
6 576
Living cost
23 794
23 794
23 794
23 794
Free-cash
-33 388
-14 499
-16 944
-17 218

Estimated living cost  is ₽23794 per week

₽16528
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1693
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.
₽5106
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽71709
-₽33253
-₽37637
-₽35907
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
75
social contributions
-
-
-
7 431
municipal
-
-
-
49
national
-
-
-
1 396
total
-
-
-
8 951
Employee
85 209
-
13 500
-
national
14 765
-
864
-
regional
804
-
45
-
municipal
451
-
31
-
social contributions
28 733
-
9 741
-
total
44 753
-
10 681
-
Employer
85 209
-
13 500
-
total
-
-
-
-
Corporate
-
13 500
-
-
nationa
-
3 240
-
-
municipal
-
526
-
-
total
-
3 766
-
-
Dividends
-
9 734
-
-
withholding
-
2 531
-
-
total
-
2 531
-
-
Income
13 500
13 500
13 500
13 500
Total tax
44 753
6 297
10 681
8 951
After tax
-31 253
7 203
2 819
4 549
Living cost
40 456
40 456
40 456
40 456
Free-cash
-71 709
-33 253
-37 637
-35 907

Estimated living cost  is ₽40456 per week

₽28201
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2653
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽620
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8981
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24881
-₽12666
-₽14167
-₽13459
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
unemployment
-
-
-
218
income
-
-
-
1 925
pensions
-
-
-
2 700
health
-
-
-
959
surtax
-
-
-
-
total
-
-
-
5 802
Employee
31 706
-
10 807
-
surtax
104
-
-
-
unemployment
2 207
-
890
-
other
-
-
-
-
health
810
-
326
-
pensions
2 114
-
853
-
income
5 315
-
1 748
-
total
10 550
-
3 817
-
Employer
31 706
-
10 807
-
other
-
-
-
-
pensions
4 227
-
1 705
-
unemployment
1 004
-
406
-
health
1 443
-
582
-
total
6 674
-
2 693
-
Corporate
-
13 500
-
-
income
-
3 510
-
-
total
-
3 510
-
-
Dividends
-
9 990
-
-
withholding
-
1 499
-
-
total
-
1 499
-
-
Income
13 500
13 500
13 500
13 500
Total tax
17 224
5 009
6 510
5 802
After tax
-3 724
8 491
6 990
7 698
Living cost
21 157
21 157
21 157
21 157
Free-cash
-24 881
-12 666
-14 167
-13 459

Estimated living cost  is ₽21157 per week

₽12936
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5780
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽53670
-₽32816
-₽32374
-₽32377
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 638
pensions
-
-
-
306
total
-
-
-
2 944
Employee
59 587
-
13 200
-
health
865
-
-
-
pensions
5 058
-
-
-
income
10 732
-
2 641
-
total
16 655
-
2 641
-
Employer
59 587
-
13 200
-
pensions
6 450
-
50
-
health
1 132
-
250
-
total
7 582
-
300
-
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.

-
2 564
-
-
total
-
2 564
-
-
Dividends
-
10 936
-
-
withholding
-
819
-
-
total
-
819
-
-
Income
13 500
13 500
13 500
13 500
Total tax
24 237
3 383
2 941
2 944
After tax
-10 737
10 117
10 559
10 556
Living cost
42 933
42 933
42 933
42 933
Free-cash
-53 670
-32 816
-32 374
-32 377

Estimated living cost  is ₽42933 per week

₽32165
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3218
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽83622
-₽69600
-₽67076
-₽64173
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
271
city
-
-
-
140
regional
-
-
-
-
pensions
-
-
-
1 242
national
-
-
-
-
health
-
-
-
247
total
-
-
-
1 900
Employee
88 674
-
10 919
-
national
420
-
-
-
unemployment
-
-
-
-
city
952
-
101
-
regional
2 904
-
-
-
health
200
-
25
-
pensions
7 450
-
2 217
-
total
11 926
-
2 343
-
Employer
88 674
-
10 919
-
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.

1 773
-
218
-
pensions
7 450
-
2 217
-
unemployment
-
-
-
-
health
200
-
25
-
total
9 423
-
2 460
-
Corporate
-
13 500
-
-
regional
-
2 855
-
-
national
-
1 148
-
-
total
-
4 003
-
-
Dividends
-
9 497
-
-
withholding
-
3 324
-
-
total
-
3 324
-
-
Income
13 500
13 500
13 500
13 500
Total tax
21 349
7 327
4 803
1 900
After tax
-7 849
6 173
8 697
11 600
Living cost
75 773
75 773
75 773
75 773
Free-cash
-83 622
-69 600
-67 076
-64 173

Estimated living cost  is ₽75773 per week

₽49274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6800
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽930
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18768
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽44120
-₽36995
-₽36971
-₽36971
S + D Salary + Dividends

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

Dividends

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

Salary

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

-
-
-
-
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.

-
-
-
6 550
surtax

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

-
-
-
-
total
-
-
-
6 550
Employee

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

57 620
-
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.

373
-
-
-
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.

6 550
-
6 550
-
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.

6 776
-
-
-
total
13 699
-
6 550
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
13 500
-
-
trade
-
2 316
-
-
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
-
-
total
-
4 616
-
-
Dividends
-
8 884
-
-
withholding
-
1 856
-
-
surtax

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

-
102
-
-
total
-
1 958
-
-
Income
13 500
13 500
13 500
13 500
Total tax
13 699
6 574
6 550
6 550
After tax
-199
6 926
6 950
6 950
Living cost
43 921
43 921
43 921
43 921
Free-cash
-44 120
-36 995
-36 971
-36 971

Estimated living cost  is ₽43921 per week

₽32078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3513
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7760
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽40349
-₽25999
-₽23970
-₽25379
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
418
social contributions
-
-
-
384
income
-
-
-
-
pensions
-
-
-
5 020
health
-
-
-
255
surtax
-
-
-
-
total
-
-
-
6 077
Employee
41 034
-
10 289
-
surtax
-
-
-
-
pensions
4 640
-
1 164
-
social contributions
1 170
-
293
-
income
2 422
-
-
-
total
8 232
-
1 457
-
Employer
41 034
-
10 289
-
other
1 416
-
355
-
pensions
6 741
-
1 688
-
unemployment
1 661
-
417
-
social contributions
124
-
31
-
health
2 873
-
720
-
total
12 815
-
3 211
-
Corporate
-
13 500
-
-
income
-
3 781
-
-
surtax
-
-
-
-
total
-
3 781
-
-
Dividends
-
9 719
-
-
withholding
-
1 244
-
-
social contributions
-
1 672
-
-
surtax
-
-
-
-
total
-
2 916
-
-
Income
13 500
13 500
13 500
13 500
Total tax
21 047
6 697
4 668
6 077
After tax
-7 547
6 803
8 832
7 423
Living cost
32 802
32 802
32 802
32 802
Free-cash
-40 349
-25 999
-23 970
-25 379

Estimated living cost  is ₽32802 per week

₽20683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2667
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽34568
-₽22750
-₽20720
-₽22129
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
418
social contributions
-
-
-
384
income
-
-
-
-
pensions
-
-
-
5 020
health
-
-
-
255
surtax
-
-
-
-
total
-
-
-
6 077
Employee
36 628
-
10 289
-
surtax
-
-
-
-
pensions
4 143
-
1 164
-
social contributions
1 044
-
293
-
income
1 889
-
-
-
total
7 076
-
1 457
-
Employer
36 628
-
10 289
-
other
1 265
-
355
-
pensions
6 019
-
1 688
-
unemployment
1 483
-
417
-
social contributions
109
-
31
-
health
2 564
-
720
-
total
11 440
-
3 211
-
Corporate
-
13 500
-
-
income
-
3 781
-
-
surtax
-
-
-
-
total
-
3 781
-
-
Dividends
-
9 719
-
-
withholding
-
1 244
-
-
social contributions
-
1 672
-
-
surtax
-
-
-
-
total
-
2 916
-
-
Income
13 500
13 500
13 500
13 500
Total tax
18 516
6 697
4 668
6 077
After tax
-5 016
6 803
8 832
7 423
Living cost
29 552
29 552
29 552
29 552
Free-cash
-34 568
-22 750
-20 720
-22 129

Estimated living cost  is ₽29552 per week

₽17139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3002
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8852
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21526
-₽12093
-₽12077
-₽11660
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
social contributions
-
-
-
1 863
income
-
-
-
2 025
health
-
-
-
942
total
-
-
-
4 830
Employee
32 508
-
13 500
-
health
2 269
-
942
-
social contributions
4 487
-
1 863
-
income
5 422
-
2 442
-
total
12 178
-
5 247
-
Employer
32 508
-
13 500
-
total
-
-
-
-
Corporate
-
13 500
-
-
income

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

-
675
-
-
total
-
675
-
-
Dividends
-
12 825
-
-
health
846
895
-
-
withholding
-
1 923
-
-
social contributions
1 672
1 770
-
-
total
2 518
4 588
-
-
Income
13 500
13 500
13 500
13 500
Total tax
14 696
5 263
5 247
4 830
After tax
-1 196
8 237
8 253
8 670
Living cost
20 330
20 330
20 330
20 330
Free-cash
-21 526
-12 093
-12 077
-11 660

Estimated living cost  is ₽20330 per week

₽13606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1254
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.
₽5002
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽49300
-₽42116
-₽32734
-₽29938
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
55
unemployment
-
-
-
5 880
income
-
-
-
-
pensions
-
-
-
2 498
health
-
-
-
1 033
surtax
-
-
-
189
total
-
-
-
9 655
Employee
47 915
38 208
38 208
-
unemployment
1 437
1 146
287
-
other
479
382
96
-
health
1 854
1 479
369
-
pensions
4 907
3 912
979
-
income
5 455
2 818
4 489
-
total
14 132
9 737
6 220
-
Employer
47 915
38 208
38 208
-
payroll
1 437
1 146
1 146
-
other
2 276
1 814
1 572
-
accident
622
497
111
-
pensions
6 013
4 796
1 201
-
unemployment
1 437
1 146
287
-
chamber of commerce
191
153
153
-
surtax
189
189
189
-
health
1 810
1 445
362
-
total
13 975
11 186
5 021
-
Corporate
3 639
3 639
4 839
-
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.

910
910
1 210
-
total
910
910
1 210
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
13 500
13 500
13 500
13 500
Total tax
29 017
21 833
12 451
9 655
After tax
-15 517
-8 333
1 049
3 845
Living cost
33 783
33 783
33 783
33 783
Free-cash
-49 300
-42 116
-32 734
-29 938

Estimated living cost  is ₽33783 per week

₽22532
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2882
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7814
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽75046
-₽27088
-₽28684
-₽29131
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 054
national
-
-
-
2 111
communal

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

-
-
-
508
total
-
-
-
7 673
Employee

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

68 581
-
10 458
-
national
21 085
-
2 272
-
unemployment

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

597
-
91
-
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.

3 222
-
491
-
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.

5 144
-
784
-
communal

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

3 577
-
546
-
total
33 625
-
4 184
-
Employer

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

68 581
-
10 458
-
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.

892
-
135
-
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.

6 077
-
926
-
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.

1 001
-
153
-
surtax
7 776
-
1 186
-
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.

4 217
-
642
-
total
19 963
-
3 042
-
Corporate
-
13 500
-
-
income
-
2 700
-
-
surtax
-
55
-
-
total
-
2 755
-
-
Dividends
-
10 745
-
-
withholding

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

-
2 875
-
-
total
-
2 875
-
-
Income
13 500
13 500
13 500
13 500
Total tax
53 588
5 630
7 226
7 673
After tax
-40 088
7 870
6 274
5 827
Living cost
34 958
34 958
34 958
34 958
Free-cash
-75 046
-27 088
-28 684
-29 131

Estimated living cost  is ₽34958 per week

₽22517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3057
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.
₽8837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
-₽49437
-₽25341
-₽33605
-₽28700
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20
unemployment
-
-
-
144
income
-
-
-
1 390
pensions
-
-
-
5 835
accident
-
-
-
186
total
-
-
-
7 575
Employee
47 725
-
3 293
-
unemployment
741
-
497
-
other
47
-
33
-
pensions
2 243
-
1 505
-
income
10 070
-
238
-
total
13 101
-
2 273
-
Employer
47 725
-
3 293
-
other
380
-
257
-
accident
944
-
633
-
pensions
11 262
-
7 556
-
unemployment
2 625
-
1 761
-
total
15 211
-
10 207
-
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
28 312
4 216
12 480
7 575
After tax
-14 812
9 284
1 020
5 925
Living cost
34 625
34 625
34 625
34 625
Free-cash
-49 437
-25 341
-33 605
-28 700

Estimated living cost  is ₽34625 per week

₽25498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2456
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽67780
-₽42866
-₽49902
-₽49901
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
pensions
-
-
-
7 300
accident
-
-
-
411
communal
-
-
-
-
health
-
-
-
3 421
surtax
-
-
-
166
total
-
-
-
11 298
Employee
72 606
-
8 047
-
surtax
4 450
-
166
-
health
3 231
-
2 030
-
pensions
5 808
-
3 650
-
income
7 013
-
-
-
total
20 502
-
5 846
-
Employer
72 606
-
8 047
-
accident
653
-
411
-
pensions
5 808
-
3 650
-
health
2 214
-
1 392
-
total
8 675
-
5 453
-
Corporate
-
13 500
-
-
income
-
2 025
-
-
communal
-
-
-
-
surtax
-
142
-
-
total
-
2 167
-
-
Dividends
-
11 333
-
-
withholding
-
1 699
-
-
income
-
397
-
-
total
-
2 096
-
-
Income
13 500
13 500
13 500
13 500
Total tax
29 177
4 263
11 299
11 298
After tax
-15 677
9 237
2 201
2 202
Living cost
52 103
52 103
52 103
52 103
Free-cash
-67 780
-42 866
-49 902
-49 901

Estimated living cost  is ₽52103 per week

₽39085
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9308
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽25585
-₽13044
-₽14545
-₽13837
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
unemployment
-
-
-
218
income
-
-
-
1 925
pensions
-
-
-
2 700
health
-
-
-
959
surtax
-
-
-
-
total
-
-
-
5 802
Employee
32 288
-
10 807
-
surtax
115
-
-
-
unemployment
2 247
-
890
-
other
-
-
-
-
health
824
-
326
-
pensions
2 154
-
853
-
income
5 413
-
1 748
-
total
10 753
-
3 817
-
Employer
32 288
-
10 807
-
other
-
-
-
-
pensions
4 305
-
1 705
-
unemployment
1 024
-
406
-
health
1 468
-
582
-
total
6 797
-
2 693
-
Corporate
-
13 500
-
-
income
-
3 510
-
-
total
-
3 510
-
-
Dividends
-
9 990
-
-
withholding
-
1 499
-
-
total
-
1 499
-
-
Income
13 500
13 500
13 500
13 500
Total tax
17 550
5 009
6 510
5 802
After tax
-4 050
8 491
6 990
7 698
Living cost
21 535
21 535
21 535
21 535
Free-cash
-25 585
-13 044
-14 545
-13 837

Estimated living cost  is ₽21535 per week

₽13002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1872
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.
₽6162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽39685
-₽18731
-₽23039
-₽21327
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
124
social contributions
-
-
-
7 431
municipal
-
-
-
49
national
-
-
-
1 396
total
-
-
-
9 000
Employee
53 184
-
13 500
-
national
8 426
-
864
-
regional
716
-
76
-
municipal
282
-
31
-
social contributions
17 934
-
9 741
-
total
27 358
-
10 712
-
Employer
53 184
-
13 500
-
total
-
-
-
-
Corporate
-
13 500
-
-
nationa
-
3 240
-
-
municipal
-
671
-
-
total
-
3 911
-
-
Dividends
-
9 588
-
-
withholding
-
2 493
-
-
total
-
2 493
-
-
Income
13 500
13 500
13 500
13 500
Total tax
27 358
6 404
10 712
9 000
After tax
-13 858
7 096
2 788
4 500
Living cost
25 827
25 827
25 827
25 827
Free-cash
-39 685
-18 731
-23 039
-21 327

Estimated living cost  is ₽25827 per week

₽16062
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2616
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.
₽6706
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽44280
-₽20026
-₽22471
-₽22745
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 942
income
-
-
-
1 160
health
-
-
-
1 822
solidarity contribution
-
-
-
-
total
-
-
-
6 924
Employee
43 119
-
10 075
-
solidarity contribution
-
-
-
-
health
5 821
-
1 360
-
social contributions
2 803
-
655
-
income
5 174
-
1 209
-
total
13 798
-
3 224
-
Employer
43 119
-
10 075
-
social contributions
10 780
-
2 519
-
health
3 881
-
907
-
total
14 661
-
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
28 459
4 205
6 650
6 924
After tax
-14 959
9 295
6 850
6 576
Living cost
29 321
29 321
29 321
29 321
Free-cash
-44 280
-20 026
-22 471
-22 745

Estimated living cost  is ₽29321 per week

₽21805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1624
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽507
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5384
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽41379
-₽38732
-₽29399
-₽26554
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
55
unemployment
-
-
-
5 880
income
-
-
-
-
pensions
-
-
-
2 498
health
-
-
-
1 033
surtax
-
-
-
-
total
-
-
-
9 466
Employee
41 910
38 208
38 208
-
unemployment
1 257
1 146
287
-
other
418
382
96
-
health
1 621
1 479
369
-
pensions
4 292
3 912
979
-
income
3 733
2 818
4 489
-
total
11 321
9 737
6 220
-
Employer
41 910
38 208
38 208
-
payroll
1 257
1 146
1 146
-
other
1 990
1 814
1 572
-
accident
544
497
113
-
pensions
5 260
4 796
1 201
-
unemployment
1 257
1 146
287
-
chamber of commerce
167
153
153
-
surtax
-
-
-
-
health
1 585
1 445
362
-
total
12 060
10 997
4 834
-
Corporate
3 639
3 639
5 027
-
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.

910
910
1 257
-
total
910
910
1 257
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
13 500
13 500
13 500
13 500
Total tax
24 291
21 644
12 311
9 466
After tax
-10 791
-8 144
1 189
4 034
Living cost
30 588
30 588
30 588
30 588
Free-cash
-41 379
-38 732
-29 399
-26 554

Estimated living cost  is ₽30588 per week

₽18349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3124
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8570
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1773
₽607
-₽1418
₽1147
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 272
-
13 500
-
income
3 055
-
2 700
-
total
3 055
-
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
3 055
675
2 700
135
After tax
10 445
12 825
10 800
13 365
Living cost
12 218
12 218
12 218
12 218
Free-cash
-1 773
607
-1 418
1 147

Estimated living cost  is ₽12218 per week

₽8268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽513
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3027
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽35498
-₽16420
-₽18068
-₽17579
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
20
income
-
-
-
1 550
pensions
-
-
-
2 465
health
-
-
-
1 328
total
-
-
-
5 363
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.

42 397
-
11 682
-
unemployment
60
-
16
-
health
2 738
-
753
-
pensions
6 572
-
1 810
-
income
7 311
-
1 456
-
total
16 681
-
4 035
-
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.

42 397
-
11 682
-
pensions
3 752
-
1 033
-
unemployment
25
-
7
-
health
2 824
-
777
-
total
6 601
-
1 817
-
Corporate
-
13 500
-
-
income
-
2 565
-
-
total
-
2 565
-
-
Dividends
-
10 935
-
-
withholding
-
1 639
-
-
total
-
1 639
-
-
Income
13 500
13 500
13 500
13 500
Total tax
23 282
4 204
5 852
5 363
After tax
-9 782
9 296
7 648
8 137
Living cost
25 716
25 716
25 716
25 716
Free-cash
-35 498
-16 420
-18 068
-17 579

Estimated living cost  is ₽25716 per week

₽17649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5922
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽127022
-₽32452
-₽39805
-₽31335
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
social contributions
-
-
-
1 539
income
-
-
-
2 631
total
-
-
-
4 170
Employee
58 308
-
1 783
-
social contributions
4 781
-
681
-
income
12 862
-
242
-
total
17 643
-
923
-
Employer
58 308
-
1 783
-
social contributions
82 214
-
11 717
-
total
82 214
-
11 717
-
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
99 857
5 287
12 640
4 170
After tax
-86 357
8 213
860
9 330
Living cost
40 665
40 665
40 665
40 665
Free-cash
-127 022
-32 452
-39 805
-31 335

Estimated living cost  is ₽40665 per week

₽26385
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3825
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽41069
-₽22394
-₽21773
-₽22052
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
13 500
social contributions

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

-
-
-
4 691
income
-
-
-
788
surtax
-
-
-
-
total
-
-
-
5 479
Employee
44 096
-
10 909
-
surtax
-
-
-
-
social contributions
4 851
-
1 201
-
income
9 172
-
1 408
-
total
14 023
-
2 609
-
Employer
44 096
-
10 909
-
social contributions
10 473
-
2 591
-
total
10 473
-
2 591
-
Corporate
-
13 500
-
-
income
-
2 835
-
-
surtax
-
-
-
-
total
-
2 835
-
-
Dividends
-
10 665
-
-
withholding
-
2 986
-
-
total
-
2 986
-
-
Income
13 500
13 500
13 500
13 500
Total tax
24 496
5 821
5 200
5 479
After tax
-10 996
7 679
8 300
8 021
Living cost
30 073
30 073
30 073
30 073
Free-cash
-41 069
-22 394
-21 773
-22 052

Estimated living cost  is ₽30073 per week

₽22501
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1774
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.
₽5296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽65303
-₽39504
-₽37475
-₽38884
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
418
social contributions
-
-
-
384
income
-
-
-
-
pensions
-
-
-
5 020
health
-
-
-
255
surtax
-
-
-
-
total
-
-
-
6 077
Employee
60 049
-
10 289
-
surtax
-
-
-
-
pensions
6 792
-
1 164
-
social contributions
1 710
-
293
-
income
5 239
-
-
-
total
13 741
-
1 457
-
Employer
60 049
-
10 289
-
other
2 072
-
355
-
pensions
9 867
-
1 688
-
unemployment
2 433
-
417
-
social contributions
180
-
31
-
health
4 203
-
720
-
total
18 755
-
3 211
-
Corporate
-
13 500
-
-
income
-
3 781
-
-
surtax
-
-
-
-
total
-
3 781
-
-
Dividends
-
9 719
-
-
withholding
-
1 244
-
-
social contributions
-
1 672
-
-
surtax
-
-
-
-
total
-
2 916
-
-
Income
13 500
13 500
13 500
13 500
Total tax
32 496
6 697
4 668
6 077
After tax
-18 996
6 803
8 832
7 423
Living cost
46 307
46 307
46 307
46 307
Free-cash
-65 303
-39 504
-37 475
-38 884

Estimated living cost  is ₽46307 per week

₽31340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3788
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽635
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10544
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22101
-₽16670
-₽17893
-₽18289
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
30 823
-
11 688
-
social contributions
2 003
-
761
-
income
-
-
-
-
total
2 003
-
761
-
Employer
30 823
-
11 688
-
social contributions
4 778
-
1 812
-
total
4 778
-
1 812
-
Corporate
-
13 500
-
-
income
-
1 350
-
-
total
-
1 350
-
-
Dividends
-
12 150
-
-
total
-
-
-
-
Income
13 500
13 500
13 500
13 500
Total tax
6 781
1 350
2 573
2 969
After tax
6 719
12 150
10 927
10 531
Living cost
28 820
28 820
28 820
28 820
Free-cash
-22 101
-16 670
-17 893
-18 289

Estimated living cost  is ₽28820 per week

₽18635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2172
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7471
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽195114
-₽195114
-₽195114
-₽34680
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
830
municipal
-
-
-
45
labour market
-
-
-
1 014
national
-
-
-
178
total
-
-
-
2 067
Employee
194 631
194 631
194 631
-
national
23 778
23 778
23 778
-
municipal
41 445
41 445
41 445
-
labour market
15 548
15 548
15 548
-
pensions
277
277
277
-
total
81 048
81 048
81 048
-
Employer
194 631
194 631
194 631
-
municipal
41 511
41 511
41 511
-
pensions
553
553
553
-
national
23 819
23 819
23 819
-
labour market
15 570
15 570
15 570
-
total
81 453
81 453
81 453
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
13 500
13 500
13 500
13 500
Total tax
162 501
162 501
162 501
2 067
After tax
-149 001
-149 001
-149 001
11 433
Living cost
46 113
46 113
46 113
46 113
Free-cash
-195 114
-195 114
-195 114
-34 680

Estimated living cost  is ₽46113 per week

₽31560
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4079
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽709
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26708
-₽20139
-₽14104
-₽15740
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
363
income
-
-
-
1 185
pensions
-
-
-
4 076
accident
-
-
-
247
health
-
-
-
2 136
total
-
-
-
8 007
Employee
33 402
-
11 214
-
health
3 825
-
1 284
-
pensions
3 761
-
1 263
-
income
4 582
-
1 539
-
total
12 168
-
4 086
-
Employer
33 402
-
11 214
-
accident
558
-
187
-
pensions
5 431
-
1 823
-
unemployment
818
-
275
-
total
6 807
-
2 285
-
Corporate
-
13 500
-
-
income

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

-
12 150
-
-
total
-
12 150
-
-
Dividends
-
1 350
-
-
withholding
-
256
-
-
total
-
256
-
-
Income
13 500
13 500
13 500
13 500
Total tax
18 975
12 406
6 371
8 007
After tax
-5 475
1 094
7 129
5 493
Living cost
21 233
21 233
21 233
21 233
Free-cash
-26 708
-20 139
-14 104
-15 740

Estimated living cost  is ₽21233 per week

₽15456
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4169
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽46460
-₽27467
-₽28266
-₽25741
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
2 431
national
-
-
-
-
health
-
-
-
-
total
-
-
-
2 431
Employee
50 443
-
11 357
-
national
833
-
-
-
unemployment
757
-
171
-
health
377
-
-
-
municipal
8 262
-
1 876
-
pensions
3 404
-
766
-
total
13 633
-
2 813
-
Employer
50 443
-
11 357
-
accident
51
-
11
-
pensions
8 751
-
1 970
-
unemployment
327
-
75
-
health
388
-
87
-
total
9 517
-
2 143
-
Corporate
-
13 500
-
-
income
-
2 700
-
-
total
-
2 700
-
-
Dividends

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

-
8 100
-
-
municipal
-
1 457
-
-
national
-
-
-
-
total
-
1 457
-
-
Income
13 500
13 500
13 500
13 500
Total tax
23 150
4 157
4 956
2 431
After tax
-9 650
9 343
8 544
11 069
Living cost
36 810
36 810
36 810
36 810
Free-cash
-46 460
-27 467
-28 266
-25 741

Estimated living cost  is ₽36810 per week

₽24044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3541
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8640
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23490
-₽30380
-₽21995
-₽15314
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 448
social contributions
-
-
-
5 686
income
-
-
-
-
health
-
-
-
930
total
-
-
-
6 616
Employee
73 724
73 724
73 724
-
health
571
1 254
422
-
social contributions
2 787
6 119
2 063
-
income
8 027
6 825
8 289
-
total
11 385
14 198
10 774
-
Employer
73 724
73 724
73 724
-
social contributions
2 787
6 119
2 063
-
health
620
1 365
460
-
total
3 407
7 484
2 523
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
13 500
13 500
13 500
13 500
Total tax
14 792
21 682
13 297
6 616
After tax
-1 292
-8 182
203
6 884
Living cost
22 198
22 198
22 198
22 198
Free-cash
-23 490
-30 380
-21 995
-15 314

Estimated living cost  is ₽22198 per week

₽13304
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10771
-₽4043
-₽8151
-₽11669
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
27
income
-
-
-
351
pensions
-
-
-
6 099
health
-
-
-
3 470
total
-
-
-
9 947
Employee

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

22 007
-
11 779
-
unemployment
109
-
84
-
health
1 870
-
1 419
-
pensions
3 300
-
2 505
-
income
1 505
-
699
-
total
6 784
-
4 707
-
Employer

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

22 007
-
11 779
-
pensions
1 210
-
919
-
unemployment
109
-
84
-
health
946
-
719
-
total
2 265
-
1 722
-
Corporate
-
13 500
-
-
income
-
1 215
-
-
total
-
1 215
-
-
Dividends
-
12 285
-
-
withholding
-
1 106
-
-
total
-
1 106
-
-
Income
13 500
13 500
13 500
13 500
Total tax
9 049
2 321
6 429
9 947
After tax
4 451
11 179
7 071
3 553
Living cost
15 222
15 222
15 222
15 222
Free-cash
-10 771
-4 043
-8 151
-11 669

Estimated living cost  is ₽15222 per week

₽9712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽33253
-₽17081
-₽25345
-₽20440
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20
unemployment
-
-
-
144
income
-
-
-
1 390
pensions
-
-
-
5 835
accident
-
-
-
186
total
-
-
-
7 575
Employee
35 451
-
3 293
-
unemployment
549
-
497
-
other
35
-
33
-
pensions
1 667
-
1 505
-
income
6 835
-
238
-
total
9 086
-
2 273
-
Employer
35 451
-
3 293
-
other
284
-
257
-
accident
702
-
633
-
pensions
8 366
-
7 556
-
unemployment
1 950
-
1 761
-
total
11 302
-
10 207
-
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
20 388
4 216
12 480
7 575
After tax
-6 888
9 284
1 020
5 925
Living cost
26 365
26 365
26 365
26 365
Free-cash
-33 253
-17 081
-25 345
-20 440

Estimated living cost  is ₽26365 per week

₽17796
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2534
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6305
₽6604
₽5756
₽5886
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 503
pensions
-
-
-
1 328
health
-
-
-
963
total
-
-
-
5 794
Employee
2 773
-
12 006
-
unemployment
28
-
66
-
health
139
-
332
-
pensions
250
-
598
-
income
536
-
3 434
-
total
953
-
4 430
-
Employer
2 773
-
12 006
-
pensions
305
-
730
-
unemployment
55
-
133
-
health
263
-
631
-
total
623
-
1 494
-
Corporate
10 103
13 500
-
-
income
2 223
2 970
-
-
total
2 223
2 970
-
-
Dividends
7 881
10 530
-
-
withholding
1 576
2 106
-
-
total
1 576
2 106
-
-
Income
13 500
13 500
13 500
13 500
Total tax
5 375
5 076
5 924
5 794
After tax
8 125
8 424
7 576
7 706
Living cost
1 820
1 820
1 820
1 820
Free-cash
6 305
6 604
5 756
5 886

Estimated living cost  is ₽1820 per week

₽1082
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15927
-₽6799
-₽8117
-₽8712
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
203
income
-
-
-
555
pensions
-
-
-
3 510
health
-
-
-
1 391
total
-
-
-
5 659
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.

24 961
-
11 450
-
unemployment
187
-
86
-
health
1 285
-
590
-
pensions
3 494
-
1 603
-
income
3 441
-
735
-
total
8 407
-
3 014
-
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.

24 961
-
11 450
-
pensions
2 995
-
1 374
-
unemployment
187
-
86
-
health
1 285
-
590
-
total
4 467
-
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
12 874
3 746
5 064
5 659
After tax
626
9 754
8 436
7 841
Living cost
16 553
16 553
16 553
16 553
Free-cash
-15 927
-6 799
-8 117
-8 712

Estimated living cost  is ₽16553 per week

₽11145
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1280
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽32550
-₽18169
-₽17548
-₽17827
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
13 500
social contributions

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

-
-
-
4 691
income
-
-
-
788
surtax
-
-
-
-
total
-
-
-
5 479
Employee
37 212
-
10 909
-
surtax
-
-
-
-
social contributions
4 094
-
1 201
-
income
7 271
-
1 408
-
total
11 365
-
2 609
-
Employer
37 212
-
10 909
-
social contributions
8 837
-
2 591
-
total
8 837
-
2 591
-
Corporate
-
13 500
-
-
income
-
2 835
-
-
surtax
-
-
-
-
total
-
2 835
-
-
Dividends
-
10 665
-
-
withholding
-
2 986
-
-
total
-
2 986
-
-
Income
13 500
13 500
13 500
13 500
Total tax
20 202
5 821
5 200
5 479
After tax
-6 702
7 679
8 300
8 021
Living cost
25 848
25 848
25 848
25 848
Free-cash
-32 550
-18 169
-17 548
-17 827

Estimated living cost  is ₽25848 per week

₽18307
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1796
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5287
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽47567
-₽24411
-₽32675
-₽27770
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20
unemployment
-
-
-
144
income
-
-
-
1 390
pensions
-
-
-
5 835
accident
-
-
-
186
total
-
-
-
7 575
Employee
46 304
-
3 293
-
unemployment
717
-
497
-
other
45
-
33
-
pensions
2 176
-
1 505
-
income
9 671
-
238
-
total
12 609
-
2 273
-
Employer
46 304
-
3 293
-
other
371
-
257
-
accident
917
-
633
-
pensions
10 928
-
7 556
-
unemployment
2 547
-
1 761
-
total
14 763
-
10 207
-
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
27 372
4 216
12 480
7 575
After tax
-13 872
9 284
1 020
5 925
Living cost
33 695
33 695
33 695
33 695
Free-cash
-47 567
-24 411
-32 675
-27 770

Estimated living cost  is ₽33695 per week

₽24198
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6403
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12625
-₽4952
-₽7972
-₽8624
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
1 998
health
-
-
-
1 553
total
-
-
-
5 630
Employee
21 841
-
11 286
-
accident

We are using the highest rate at 1.1%.

240
-
124
-
health
1 005
-
519
-
pensions

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

1 917
-
991
-
income
2 184
-
1 129
-
total
5 346
-
2 763
-
Employer
21 841
-
11 286
-
accident

We are using the highest rate at 1.1%.

240
-
124
-
pensions

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

2 407
-
1 244
-
unemployment
131
-
68
-
health
1 507
-
779
-
total
4 285
-
2 215
-
Corporate
-
13 500
-
-
income
-
1 350
-
-
total
-
1 350
-
-
Dividends
-
12 150
-
-
withholding
-
608
-
-
total
-
608
-
-
Income
13 500
13 500
13 500
13 500
Total tax
9 631
1 958
4 978
5 630
After tax
3 869
11 542
8 522
7 870
Living cost
16 494
16 494
16 494
16 494
Free-cash
-12 625
-4 952
-7 972
-8 624

Estimated living cost  is ₽16494 per week

₽10909
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽944
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽394
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4248
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽34205
-₽29812
-₽30065
-₽30065
S + D Salary + Dividends

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

Dividends

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

Salary

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

-
-
-
-
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.

-
-
-
6 550
surtax

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

-
-
-
-
total
-
-
-
6 550
Employee

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

47 704
-
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
-
-
-
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.

6 550
-
6 550
-
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.

3 923
-
-
-
total
10 690
-
6 550
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
13 500
-
-
trade
-
1 938
-
-
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
-
-
total
-
4 240
-
-
Dividends
-
9 261
-
-
withholding
-
1 950
-
-
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.

-
107
-
-
total
-
2 057
-
-
Income
13 500
13 500
13 500
13 500
Total tax
10 690
6 297
6 550
6 550
After tax
2 810
7 203
6 950
6 950
Living cost
37 015
37 015
37 015
37 015
Free-cash
-34 205
-29 812
-30 065
-30 065

Estimated living cost  is ₽37015 per week

₽25534
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3983
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6961
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽61498
-₽45165
-₽41115
-₽41115
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
176
income
-
-
-
-176
total
-
-
-
-
Employee
74 997
-
13 500
-
social contributions
6 231
-
176
-
income
14 152
-
-176
-
total
20 383
-
-
-
Employer
74 997
-
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
20 383
4 050
-
-
After tax
-6 883
9 450
13 500
13 500
Living cost
54 615
54 615
54 615
54 615
Free-cash
-61 498
-45 165
-41 115
-41 115

Estimated living cost  is ₽54615 per week

₽41550
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4450
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
-₽37751
-₽28890
-₽24637
-₽54437
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
13 500
health

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

-
-
-
5 842
income
-
-
-
27 292
total
-
-
-
33 134
Employee
43 982
-
11 833
-
social contributions
4 407
-
1 667
-
income
4 772
-
-
-
total
9 179
-
1 667
-
Employer
43 982
-
11 833
-
social contributions
4 407
-
1 667
-
total
4 407
-
1 667
-
Corporate
-
13 500
-
-
income
-
4 725
-
-
total
-
4 725
-
-
Dividends
-
8 775
-
-
social contributions
2 862
2 862
-
-
total
2 862
2 862
-
-
Income
13 500
13 500
13 500
13 500
Total tax
16 448
7 587
3 334
33 134
After tax
-2 948
5 913
10 166
-19 634
Living cost
34 803
34 803
34 803
34 803
Free-cash
-37 751
-28 890
-24 637
-54 437

Estimated living cost  is ₽34803 per week

₽22925
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2744
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and 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

Source of data for Sliema model

Close
Edinburgh , United Kingdom
-₽40161
-₽24786
-₽24344
-₽24347
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 638
pensions
-
-
-
306
total
-
-
-
2 944
Employee
47 909
-
13 200
-
health
625
-
-
-
pensions
3 657
-
-
-
income
8 725
-
2 641
-
total
13 007
-
2 641
-
Employer
47 909
-
13 200
-
pensions
4 840
-
50
-
health
911
-
250
-
total
5 751
-
300
-
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.

-
2 564
-
-
total
-
2 564
-
-
Dividends
-
10 936
-
-
withholding
-
819
-
-
total
-
819
-
-
Income
13 500
13 500
13 500
13 500
Total tax
18 758
3 383
2 941
2 944
After tax
-5 258
10 117
10 559
10 556
Living cost
34 903
34 903
34 903
34 903
Free-cash
-40 161
-24 786
-24 344
-24 347

Estimated living cost  is ₽34903 per week

₽23943
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7311
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽30688
-₽22242
-₽16207
-₽17843
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
363
income
-
-
-
1 185
pensions
-
-
-
4 076
accident
-
-
-
247
health
-
-
-
2 136
total
-
-
-
8 007
Employee
36 708
-
11 214
-
health
4 203
-
1 284
-
pensions
4 133
-
1 263
-
income
5 036
-
1 539
-
total
13 372
-
4 086
-
Employer
36 708
-
11 214
-
accident
613
-
187
-
pensions
5 968
-
1 823
-
unemployment
899
-
275
-
total
7 480
-
2 285
-
Corporate
-
13 500
-
-
income

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

-
12 150
-
-
total
-
12 150
-
-
Dividends
-
1 350
-
-
withholding
-
256
-
-
total
-
256
-
-
Income
13 500
13 500
13 500
13 500
Total tax
20 852
12 406
6 371
8 007
After tax
-7 352
1 094
7 129
5 493
Living cost
23 336
23 336
23 336
23 336
Free-cash
-30 688
-22 242
-16 207
-17 843

Estimated living cost  is ₽23336 per week

₽17126
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1360
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4380
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7228
-₽1479
-₽4517
-₽4517
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
162
income
-
-
-
1 350
pensions
-
-
-
2 484
health insurance
-
-
-
999
work injury
-
-
-
68
total
-
-
-
5 063
Employee

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

20 727
-
13 500
-
health insurance
1 534
-
999
-
unemployment
249
-
162
-
work injury
104
-
68
-
pensions
3 814
-
2 484
-
income
2 073
-
1 350
-
total
7 774
-
5 063
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
13 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
-
13 500
-
-
withholding
-
2 025
-
-
total
-
2 025
-
-
Income
13 500
13 500
13 500
13 500
Total tax
7 774
2 025
5 063
5 063
After tax
5 726
11 475
8 437
8 437
Living cost
12 954
12 954
12 954
12 954
Free-cash
-7 228
-1 479
-4 517
-4 517

Estimated living cost  is ₽12954 per week

₽8026
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽941
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3583
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽67292
-₽31084
-₽35400
-₽33683
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
106
social contributions
-
-
-
7 431
municipal
-
-
-
55
national
-
-
-
1 396
total
-
-
-
8 988
Employee
80 791
-
13 500
-
national
13 653
-
864
-
regional
1 220
-
65
-
municipal
482
-
35
-
social contributions
27 242
-
9 741
-
total
42 597
-
10 705
-
Employer
80 791
-
13 500
-
total
-
-
-
-
Corporate
-
13 500
-
-
nationa
-
3 240
-
-
municipal
-
651
-
-
total
-
3 891
-
-
Dividends
-
9 608
-
-
withholding
-
2 498
-
-
total
-
2 498
-
-
Income
13 500
13 500
13 500
13 500
Total tax
42 597
6 389
10 705
8 988
After tax
-29 097
7 111
2 795
4 512
Living cost
38 195
38 195
38 195
38 195
Free-cash
-67 292
-31 084
-35 400
-33 683

Estimated living cost  is ₽38195 per week

₽26829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2627
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽577
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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Estimated living cost

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