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
-₽23654
-₽25310
-₽24166
-₽24166
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 932
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
-
-
-
6 932
Employee

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

38 810
-
13 500
-
health

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

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

6 932
-
6 932
-
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.

60
-
-
-
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.

1 084
-
-
-
total
8 076
-
6 932
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
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.

-
112
-
-
income
-
2 026
-
-
trade
-
2 126
-
-
chamber of commerce
-
173
-
-
total
-
4 437
-
-
Dividends
-
9 064
-
-
surtax

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

-
104
-
-
withholding
-
1 879
-
-
total
-
1 983
-
-
Income
13 500
13 500
13 500
13 500
Total tax
8 076
6 420
6 932
6 932
After tax
5 424
7 080
6 568
6 568
Living cost
30 734
30 734
30 734
30 734
Free-cash
-25 310
-23 654
-24 166
-24 166

Estimated living cost  is ₽30734 per week

₽19333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3583
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7244
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽42702
-₽72946
-₽40197
-₽40092
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
316
pensions
-
-
-
1 620
national
-
-
-
490
social contributions
-
-
-
145
total
-
-
-
2 571
Employee
79 255
-
11 671
-
municipal
9 789
-
369
-
pensions
3 170
-
467
-
national
15 169
-
571
-
total
28 128
-
1 407
-
Employer
79 255
-
11 671
-
social contributions
852
-
125
-
pensions
6 340
-
934
-
total
7 192
-
1 059
-
Corporate
-
13 500
-
-
income

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

-
2 700
-
-
total
-
2 700
-
-
Dividends
-
10 800
-
-
withholding
-
2 376
-
-
total
-
2 376
-
-
Income
13 500
13 500
13 500
13 500
Total tax
35 320
5 076
2 466
2 571
After tax
-21 820
8 424
11 034
10 929
Living cost
51 126
51 126
51 126
51 126
Free-cash
-72 946
-42 702
-40 092
-40 197

Estimated living cost  is ₽51126 per week

₽34750
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽765
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10858
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10310
-₽23292
-₽12830
-₽13364
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
13 500
microenterprise
-
-
-
2 026
income
-
-
-
-
surtax
-
-
-
-
social contributions

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

-
-
-
3 194
total
-
-
-
5 220
Employee
29 650
-
10 879
-
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.

3 262
-
1 196
-
surtax
-
-
-
-
income
5 278
-
1 937
-
total
8 540
-
3 133
-
Employer
29 650
-
10 879
-
social contributions

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

7 142
-
2 621
-
surtax
-
-
-
-
total
7 142
-
2 621
-
Corporate
-
13 500
-
-
income

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

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

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

-
10 800
-
-
total
-
-
-
-
Income
13 500
13 500
13 500
13 500
Total tax
15 682
2 700
5 754
5 220
After tax
-2 182
10 800
7 746
8 280
Living cost
21 110
21 110
21 110
21 110
Free-cash
-23 292
-10 310
-13 364
-12 830

Estimated living cost  is ₽21110 per week

₽13467
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2010
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.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
-₽81564
-₽87260
-₽34726
-₽87260
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 430
health
-
-
-
2 074
total
-
-
-
5 719
Employee
86 650
86 650
86 650
-
health
13 300
11 313
13 300
-
income

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

14 183
14 183
14 183
-
pensions
15 597
11 888
15 597
-
total
43 080
37 384
43 080
-
Employer
86 650
86 650
86 650
-
unemployment
3 119
3 119
3 119
-
pensions
6 031
6 031
6 031
-
health
6 023
6 023
6 023
-
total
15 173
15 173
15 173
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
13 500
13 500
13 500
13 500
Total tax
58 253
52 557
58 253
5 719
After tax
-44 753
-39 057
-44 753
7 781
Living cost
42 507
42 507
42 507
42 507
Free-cash
-87 260
-81 564
-87 260
-34 726

Estimated living cost  is ₽42507 per week

₽30123
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽676
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31734
-₽59728
-₽32375
-₽31897
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
2 859
accident
-
-
-
27
pensions
-
-
-
1 459
other
-
-
-
1 569
unemployment
-
-
-
14
health
-
-
-
842
national
-
-
-
-
total
-
-
-
6 770
Employee
55 722
-
10 272
-
municipal
16 616
-
3 063
-
national
-
-
-
-
total
16 616
-
3 063
-
Employer
55 722
-
10 272
-
accident
111
-
21
-
other
6 475
-
1 194
-
unemployment
1 471
-
271
-
pensions
6 023
-
1 111
-
health
3 427
-
632
-
total
17 507
-
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
34 123
6 129
6 292
6 770
After tax
-20 623
7 371
7 208
6 730
Living cost
39 105
39 105
39 105
39 105
Free-cash
-59 728
-31 734
-31 897
-32 375

Estimated living cost  is ₽39105 per week

₽25918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8757
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽32850
-₽37957
-₽33293
-₽33293
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 932
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
-
-
-
6 932
Employee

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

51 457
-
13 500
-
health

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

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

6 932
-
6 932
-
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.

243
-
-
-
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.

4 421
-
-
-
total
11 596
-
6 932
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
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.

-
112
-
-
income
-
2 026
-
-
trade
-
2 220
-
-
chamber of commerce
-
173
-
-
total
-
4 531
-
-
Dividends
-
8 969
-
-
surtax

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

-
102
-
-
withholding
-
1 856
-
-
total
-
1 958
-
-
Income
13 500
13 500
13 500
13 500
Total tax
11 596
6 489
6 932
6 932
After tax
1 904
7 011
6 568
6 568
Living cost
39 861
39 861
39 861
39 861
Free-cash
-37 957
-32 850
-33 293
-33 293

Estimated living cost  is ₽39861 per week

₽26659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4203
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8403
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽42357
-₽36807
-₽26412
-₽33486
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 574
income
-
-
-
-
health
-
-
-
984
social contributions
-
-
-
6 017
total
-
-
-
7 001
Employee
78 025
78 025
78 025
-
social contributions
3 791
6 476
2 184
-
health
776
1 327
447
-
income
8 193
7 223
8 773
-
total
12 760
15 026
11 404
-
Employer
78 025
78 025
78 025
-
social contributions
3 791
6 476
2 184
-
health
845
1 444
487
-
total
4 636
7 920
2 671
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
13 500
13 500
13 500
13 500
Total tax
17 396
22 946
14 075
7 001
After tax
-3 896
-9 446
-575
6 499
Living cost
32 911
32 911
32 911
32 911
Free-cash
-36 807
-42 357
-33 486
-26 412

Estimated living cost  is ₽32911 per week

₽22498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7290
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10625
-₽18371
-₽9123
-₽10650
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

26 671
10 615
11 297
-
health
1 867
743
791
-
income
3 260
1 298
1 381
-
pensions
2 667
1 061
1 130
-
unemployment
400
159
169
-
total
8 194
3 261
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.

26 671
10 615
11 297
-
pensions
5 201
2 070
2 203
-
total
5 201
2 070
2 203
-
Corporate
-
816
-
-
income
-
73
-
-
total
-
73
-
-
Dividends
-
742
-
-
social contributions
-
104
-
-
withholding
-
141
-
-
total
-
245
-
-
Income
13 500
13 500
13 500
13 500
Total tax
13 395
5 649
5 674
4 147
After tax
105
7 851
7 826
9 353
Living cost
18 476
18 476
18 476
18 476
Free-cash
-18 371
-10 625
-10 650
-9 123

Estimated living cost  is ₽18476 per week

₽12608
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3987
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13708
-₽25014
-₽15462
-₽15329
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 754
total
-
-
-
4 454
Employee
28 785
-
9 595
-
income
3 241
-
-
-
pensions
576
-
231
-
unemployment
460
-
185
-
total
4 277
-
416
-
Employer
28 785
-
9 595
-
unemployment
231
-
92
-
pensions
5 757
-
2 311
-
health
3 741
-
1 502
-
total
9 729
-
3 905
-
Corporate
-
13 500
-
-
income
-
2 700
-
-
total
-
2 700
-
-
Dividends
-
10 800
-
-
total
-
-
-
-
Income
13 500
13 500
13 500
13 500
Total tax
14 006
2 700
4 321
4 454
After tax
-506
10 800
9 179
9 046
Living cost
24 508
24 508
24 508
24 508
Free-cash
-25 014
-13 708
-15 329
-15 462

Estimated living cost  is ₽24508 per week

₽16810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1460
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21010
-₽28356
-₽16756
-₽14975
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
accident
-
-
-
254
income
-
-
-
1 154
pensions
-
-
-
4 181
other
-
-
-
372
health
-
-
-
2 191
total
-
-
-
8 152
Employee
34 771
-
11 214
-
health
3 981
-
1 284
-
income
4 770
-
1 539
-
pensions
3 915
-
1 263
-
total
12 666
-
4 086
-
Employer
34 771
-
11 214
-
accident
580
-
187
-
unemployment
852
-
275
-
pensions
5 654
-
1 823
-
total
7 086
-
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
19 752
12 406
6 371
8 152
After tax
-6 252
1 094
7 129
5 348
Living cost
22 104
22 104
22 104
22 104
Free-cash
-28 356
-21 010
-14 975
-16 756

Estimated living cost  is ₽22104 per week

₽16201
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4218
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3563
₽1827
₽4103
₽1538
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 577
-
13 500
-
income
2 315
-
2 700
-
total
2 315
-
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%.

1 923
13 500
-
-
total
-
-
-
-
Dividends
1 923
13 500
-
-
withholding
96
675
-
-
total
96
675
-
-
Income
13 500
13 500
13 500
13 500
Total tax
2 411
675
2 700
135
After tax
11 089
12 825
10 800
13 365
Living cost
9 262
9 262
9 262
9 262
Free-cash
1 827
3 563
1 538
4 103

Estimated living cost  is ₽9262 per week

₽5740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17118
-₽32628
-₽19728
-₽19131
S + D Salary + Dividends

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

Dividends

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

Salary

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

-
-
-
3 241
other
-
-
-
641
health
-
-
-
593
total
-
-
-
6 191
Employee
36 842
-
10 773
-
health
516
-
150
-
income
6 343
-
1 854
-
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.

2 578
-
755
-
unemployment
368
-
108
-
total
9 805
-
2 867
-
Employer
36 842
-
10 773
-
accident
295
-
87
-
other
1 843
-
551
-
unemployment
368
-
108
-
pensions

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

6 264
-
1 831
-
health
516
-
150
-
total
9 286
-
2 727
-
Corporate
-
13 500
-
-
income
-
2 834
-
-
total
-
2 834
-
-
Dividends
-
10 666
-
-
withholding
-
747
-
-
total
-
747
-
-
Income
13 500
13 500
13 500
13 500
Total tax
19 091
3 581
5 594
6 191
After tax
-5 591
9 919
7 906
7 309
Living cost
27 037
27 037
27 037
27 037
Free-cash
-32 628
-17 118
-19 131
-19 728

Estimated living cost  is ₽27037 per week

₽19103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1825
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5673
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽58364
-₽96668
-₽57678
-₽57882
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 699
pensions
-
-
-
-
total
-
-
-
2 699
Employee
96 888
-
13 247
-
health
1 597
-
-
-
income
17 465
-
2 650
-
pensions
9 347
-
-
-
total
28 409
-
2 650
-
Employer
96 888
-
13 247
-
pensions
11 440
-
-
-
health
1 840
-
253
-
total
13 280
-
253
-
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
-
821
-
-
total
-
821
-
-
Income
13 500
13 500
13 500
13 500
Total tax
41 689
3 385
2 903
2 699
After tax
-28 189
10 115
10 597
10 801
Living cost
68 479
68 479
68 479
68 479
Free-cash
-96 668
-58 364
-57 882
-57 678

Estimated living cost  is ₽68479 per week

₽51313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8046
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽1771
-₽7588
-₽5443
-₽4789
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
income
-
-
-
2 025
pensions

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

-
-
-
1 998
unemployment
-
-
-
54
health
-
-
-
1 553
total
-
-
-
5 630
Employee
17 628
-
11 285
-
health
811
-
519
-
accident

We are using the highest rate at 1.1%.

194
-
124
-
income
1 763
-
1 128
-
pensions

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

1 548
-
991
-
total
4 316
-
2 762
-
Employer
17 628
-
11 285
-
accident

We are using the highest rate at 1.1%.

194
-
124
-
unemployment
105
-
68
-
pensions

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

1 943
-
1 243
-
health
1 217
-
779
-
total
3 459
-
2 214
-
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
7 775
1 958
4 976
5 630
After tax
5 725
11 542
8 524
7 870
Living cost
13 313
13 313
13 313
13 313
Free-cash
-7 588
-1 771
-4 789
-5 443

Estimated living cost  is ₽13313 per week

₽7772
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽95323
-₽97044
-₽48485
-₽101019
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 430
health
-
-
-
2 074
total
-
-
-
5 719
Employee
94 074
86 650
86 650
-
health
11 736
11 313
13 300
-
income

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

14 183
14 183
14 183
-
pensions
11 888
11 888
15 597
-
total
37 807
37 384
43 080
-
Employer
94 074
86 650
86 650
-
unemployment
3 387
3 119
3 119
-
pensions
6 547
6 031
6 031
-
health
6 537
6 023
6 023
-
total
16 471
15 173
15 173
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
13 500
13 500
13 500
13 500
Total tax
54 278
52 557
58 253
5 719
After tax
-40 778
-39 057
-44 753
7 781
Living cost
56 266
56 266
56 266
56 266
Free-cash
-97 044
-95 323
-101 019
-48 485

Estimated living cost  is ₽56266 per week

₽41505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5026
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽645
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9091
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15031
-₽34438
-₽17751
-₽17476
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
income
-
-
-
1 160
health
-
-
-
1 823
solidarity contribution
-
-
-
-
social contributions
-
-
-
3 942
total
-
-
-
6 925
Employee
35 774
-
10 075
-
social contributions
2 325
-
655
-
health
4 830
-
1 360
-
solidarity contribution
-
-
-
-
income
4 293
-
1 209
-
total
11 448
-
3 224
-
Employer
35 774
-
10 075
-
social contributions
8 944
-
2 519
-
health
3 220
-
907
-
total
12 164
-
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
23 612
4 205
6 650
6 925
After tax
-10 112
9 295
6 850
6 575
Living cost
24 326
24 326
24 326
24 326
Free-cash
-34 438
-15 031
-17 476
-17 751

Estimated living cost  is ₽24326 per week

₽16897
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1731
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽35613
-₽76679
-₽38589
-₽40423
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
44
regional
-
-
-
69
national
-
-
-
1 296
social contributions
-
-
-
7 864
total
-
-
-
9 273
Employee
90 179
-
13 500
-
social contributions
30 408
-
10 309
-
regional
851
-
39
-
municipal
478
-
25
-
national
15 626
-
734
-
total
47 363
-
11 107
-
Employer
90 179
-
13 500
-
total
-
-
-
-
Corporate
-
13 500
-
-
nationa
-
3 241
-
-
municipal
-
526
-
-
total
-
3 767
-
-
Dividends
-
9 734
-
-
withholding
-
2 530
-
-
total
-
2 530
-
-
Income
13 500
13 500
13 500
13 500
Total tax
47 363
6 297
11 107
9 273
After tax
-33 863
7 203
2 393
4 227
Living cost
42 816
42 816
42 816
42 816
Free-cash
-76 679
-35 613
-40 423
-38 589

Estimated living cost  is ₽42816 per week

₽29846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽657
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13899
-₽27119
-₽14714
-₽15623
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 920
pensions
-
-
-
2 709
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
963
surtax
-
-
-
-
total
-
-
-
5 823
Employee
33 555
-
10 650
-
other
-
-
-
-
health
857
-
345
-
surtax
110
-
-
-
income
5 625
-
1 693
-
pensions
2 237
-
903
-
unemployment
2 336
-
942
-
total
11 165
-
3 883
-
Employer
33 555
-
10 650
-
other
-
-
-
-
unemployment
1 063
-
429
-
pensions
4 473
-
1 804
-
health
1 527
-
616
-
total
7 063
-
2 849
-
Corporate
-
13 500
-
-
income
-
3 510
-
-
total
-
3 510
-
-
Dividends
-
9 990
-
-
withholding
-
1 498
-
-
total
-
1 498
-
-
Income
13 500
13 500
13 500
13 500
Total tax
18 228
5 008
6 732
5 823
After tax
-4 728
8 492
6 768
7 677
Living cost
22 391
22 391
22 391
22 391
Free-cash
-27 119
-13 899
-15 623
-14 714

Estimated living cost  is ₽22391 per week

₽13691
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2066
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6117
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽36668
-₽59694
-₽35982
-₽36186
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 699
pensions
-
-
-
-
total
-
-
-
2 699
Employee
64 932
-
13 247
-
health
943
-
-
-
income
11 695
-
2 650
-
pensions
5 511
-
-
-
total
18 149
-
2 650
-
Employer
64 932
-
13 247
-
pensions
7 029
-
-
-
health
1 233
-
253
-
total
8 262
-
253
-
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
-
821
-
-
total
-
821
-
-
Income
13 500
13 500
13 500
13 500
Total tax
26 411
3 385
2 903
2 699
After tax
-12 911
10 115
10 597
10 801
Living cost
46 783
46 783
46 783
46 783
Free-cash
-59 694
-36 668
-36 186
-35 982

Estimated living cost  is ₽46783 per week

₽35050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽71155
-₽85611
-₽65728
-₽68689
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
139
pensions
-
-
-
1 241
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
270
regional
-
-
-
-
health
-
-
-
252
national
-
-
-
-
total
-
-
-
1 902
Employee
90 491
-
10 890
-
city
971
-
101
-
regional
2 963
-
-
-
health
205
-
24
-
pensions
7 602
-
2 248
-
unemployment
-
-
-
-
national
428
-
-
-
total
12 169
-
2 373
-
Employer
90 491
-
10 890
-
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.

1 809
-
218
-
unemployment
-
-
-
-
pensions
7 602
-
2 248
-
health
205
-
24
-
total
9 616
-
2 490
-
Corporate
-
13 500
-
-
regional
-
2 856
-
-
national
-
1 148
-
-
total
-
4 004
-
-
Dividends
-
9 496
-
-
withholding
-
3 325
-
-
total
-
3 325
-
-
Income
13 500
13 500
13 500
13 500
Total tax
21 785
7 329
4 863
1 902
After tax
-8 285
6 171
8 637
11 598
Living cost
77 326
77 326
77 326
77 326
Free-cash
-85 611
-71 155
-68 689
-65 728

Estimated living cost  is ₽77326 per week

₽50284
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6939
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽949
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽39542
-₽47481
-₽39915
-₽39915
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 932
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
-
-
-
6 932
Employee

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

60 981
-
13 500
-
health

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

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

6 932
-
6 932
-
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.

395
-
-
-
income

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

7 171
-
-
-
total
14 498
-
6 932
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
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.

-
112
-
-
income
-
2 026
-
-
trade
-
2 315
-
-
chamber of commerce
-
173
-
-
total
-
4 626
-
-
Dividends
-
8 875
-
-
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.

-
100
-
-
withholding
-
1 833
-
-
total
-
1 933
-
-
Income
13 500
13 500
13 500
13 500
Total tax
14 498
6 559
6 932
6 932
After tax
-998
6 941
6 568
6 568
Living cost
46 483
46 483
46 483
46 483
Free-cash
-47 481
-39 542
-39 915
-39 915

Estimated living cost  is ₽46483 per week

₽33950
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3718
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8213
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27911
-₽43488
-₽27396
-₽25884
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 109
other
-
-
-
418
health
-
-
-
270
surtax
-
-
-
-
social contributions
-
-
-
383
total
-
-
-
6 180
Employee
43 427
-
10 288
-
social contributions
1 238
-
293
-
surtax
-
-
-
-
income
2 563
-
-
-
pensions
4 910
-
1 163
-
total
8 711
-
1 456
-
Employer
43 427
-
10 288
-
other
1 498
-
354
-
social contributions
131
-
31
-
unemployment
1 758
-
416
-
pensions
7 134
-
1 691
-
health
3 040
-
720
-
total
13 561
-
3 212
-
Corporate
-
13 500
-
-
surtax
-
-
-
-
income
-
3 780
-
-
total
-
3 780
-
-
Dividends
-
9 720
-
-
surtax
-
-
-
-
social contributions
-
1 671
-
-
withholding
-
1 244
-
-
total
-
2 915
-
-
Income
13 500
13 500
13 500
13 500
Total tax
22 272
6 695
4 668
6 180
After tax
-8 772
6 805
8 832
7 320
Living cost
34 716
34 716
34 716
34 716
Free-cash
-43 488
-27 911
-25 884
-27 396

Estimated living cost  is ₽34716 per week

₽21890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽591
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9414
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24471
-₽37370
-₽23956
-₽22444
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 109
other
-
-
-
418
health
-
-
-
270
surtax
-
-
-
-
social contributions
-
-
-
383
total
-
-
-
6 180
Employee
38 765
-
10 288
-
social contributions
1 105
-
293
-
surtax
-
-
-
-
income
1 999
-
-
-
pensions
4 384
-
1 163
-
total
7 488
-
1 456
-
Employer
38 765
-
10 288
-
other
1 338
-
354
-
social contributions
116
-
31
-
unemployment
1 569
-
416
-
pensions
6 370
-
1 691
-
health
2 713
-
720
-
total
12 106
-
3 212
-
Corporate
-
13 500
-
-
surtax
-
-
-
-
income
-
3 780
-
-
total
-
3 780
-
-
Dividends
-
9 720
-
-
surtax
-
-
-
-
social contributions
-
1 671
-
-
withholding
-
1 244
-
-
total
-
2 915
-
-
Income
13 500
13 500
13 500
13 500
Total tax
19 594
6 695
4 668
6 180
After tax
-6 094
6 805
8 832
7 320
Living cost
31 276
31 276
31 276
31 276
Free-cash
-37 370
-24 471
-22 444
-23 956

Estimated living cost  is ₽31276 per week

₽18139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9368
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13281
-₽23568
-₽12848
-₽13065
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 026
health
-
-
-
942
social contributions
-
-
-
1 864
total
-
-
-
4 832
Employee
34 404
-
13 500
-
social contributions
4 748
-
1 864
-
health
2 401
-
942
-
income
5 738
-
2 243
-
total
12 887
-
5 049
-
Employer
34 404
-
13 500
-
total
-
-
-
-
Corporate
-
13 500
-
-
income

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

-
676
-
-
total
-
676
-
-
Dividends
-
12 824
-
-
health
895
895
-
-
social contributions
1 770
1 770
-
-
withholding
-
1 924
-
-
total
2 665
4 589
-
-
Income
13 500
13 500
13 500
13 500
Total tax
15 552
5 265
5 049
4 832
After tax
-2 052
8 235
8 451
8 668
Living cost
21 516
21 516
21 516
21 516
Free-cash
-23 568
-13 281
-13 065
-12 848

Estimated living cost  is ₽21516 per week

₽14399
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1327
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽45361
-₽52964
-₽32260
-₽35226
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
54
income
-
-
-
-
pensions
-
-
-
2 497
unemployment
-
-
-
6 223
health
-
-
-
1 032
surtax
-
-
-
200
total
-
-
-
10 006
Employee
50 709
40 437
40 437
-
other
506
404
102
-
health
1 962
1 565
391
-
income
5 773
2 983
4 750
-
pensions
5 193
4 140
1 036
-
unemployment
1 521
1 213
304
-
total
14 955
10 305
6 583
-
Employer
50 709
40 437
40 437
-
accident
659
526
106
-
other
2 409
1 920
1 664
-
chamber of commerce
202
162
162
-
unemployment
1 521
1 213
304
-
surtax
200
200
200
-
pensions
6 364
5 076
1 271
-
payroll
1 521
1 213
1 213
-
health
1 916
1 529
383
-
total
14 792
11 839
5 303
-
Corporate
3 851
3 851
4 346
-
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.

963
963
1 086
-
total
963
963
1 086
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
13 500
13 500
13 500
13 500
Total tax
30 710
23 107
12 972
10 006
After tax
-17 210
-9 607
528
3 494
Living cost
35 754
35 754
35 754
35 754
Free-cash
-52 964
-45 361
-35 226
-32 260

Estimated living cost  is ₽35754 per week

₽23846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3050
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29105
-₽80210
-₽31372
-₽30722
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
2 037
communal

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

-
-
-
489
social contributions
-
-
-
5 349
total
-
-
-
7 875
Employee

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

72 581
-
10 458
-
communal

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

3 786
-
545
-
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.

3 410
-
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.

5 444
-
784
-
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.

632
-
91
-
national
22 314
-
2 272
-
total
35 586
-
4 183
-
Employer

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

72 581
-
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.

944
-
135
-
unemployment

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

1 059
-
152
-
surtax
8 230
-
1 186
-
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.

6 431
-
926
-
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.

4 463
-
643
-
total
21 127
-
3 042
-
Corporate
-
13 500
-
-
surtax
-
54
-
-
income
-
2 700
-
-
total
-
2 754
-
-
Dividends
-
10 746
-
-
withholding

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

-
2 854
-
-
total
-
2 854
-
-
Income
13 500
13 500
13 500
13 500
Total tax
56 713
5 608
7 225
7 875
After tax
-43 213
7 892
6 275
5 625
Living cost
36 997
36 997
36 997
36 997
Free-cash
-80 210
-29 105
-30 722
-31 372

Estimated living cost  is ₽36997 per week

₽23831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3235
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9352
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27351
-₽53109
-₽31010
-₽36205
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
accident
-
-
-
196
income
-
-
-
1 321
pensions
-
-
-
6 175
other
-
-
-
21
unemployment
-
-
-
152
total
-
-
-
7 865
Employee
50 509
-
2 698
-
other
50
-
35
-
income
10 657
-
104
-
pensions
2 374
-
1 592
-
unemployment
784
-
526
-
total
13 865
-
2 257
-
Employer
50 509
-
2 698
-
accident
999
-
670
-
other
402
-
272
-
unemployment
2 779
-
1 864
-
pensions
11 919
-
7 997
-
total
16 099
-
10 803
-
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.

-
2 026
-
-
total
-
2 026
-
-
Dividends
-
11 474
-
-
withholding
-
2 180
-
-
total
-
2 180
-
-
Income
13 500
13 500
13 500
13 500
Total tax
29 964
4 206
13 060
7 865
After tax
-16 464
9 294
440
5 635
Living cost
36 645
36 645
36 645
36 645
Free-cash
-53 109
-27 351
-36 205
-31 010

Estimated living cost  is ₽36645 per week

₽26985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽45907
-₽72520
-₽53543
-₽53544
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
accident
-
-
-
435
income
-
-
-
-
pensions
-
-
-
7 725
health
-
-
-
3 620
surtax
-
-
-
121
communal
-
-
-
-
total
-
-
-
11 901
Employee
76 841
-
7 729
-
health
3 420
-
2 149
-
surtax
4 710
-
119
-
income
7 422
-
-
-
pensions
6 146
-
3 863
-
total
21 698
-
6 131
-
Employer
76 841
-
7 729
-
accident
691
-
435
-
pensions
6 146
-
3 863
-
health
2 343
-
1 473
-
total
9 180
-
5 771
-
Corporate
-
13 500
-
-
surtax
-
142
-
-
communal
-
-
-
-
income
-
2 026
-
-
total
-
2 168
-
-
Dividends
-
11 332
-
-
income
-
397
-
-
withholding
-
1 700
-
-
total
-
2 097
-
-
Income
13 500
13 500
13 500
13 500
Total tax
30 878
4 265
11 902
11 901
After tax
-17 378
9 235
1 598
1 599
Living cost
55 142
55 142
55 142
55 142
Free-cash
-72 520
-45 907
-53 544
-53 543

Estimated living cost  is ₽55142 per week

₽41365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3341
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9851
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14299
-₽27865
-₽15114
-₽16023
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 920
pensions
-
-
-
2 709
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
963
surtax
-
-
-
-
total
-
-
-
5 823
Employee
34 171
-
10 650
-
other
-
-
-
-
health
872
-
345
-
surtax
121
-
-
-
income
5 729
-
1 693
-
pensions
2 280
-
903
-
unemployment
2 378
-
942
-
total
11 380
-
3 883
-
Employer
34 171
-
10 650
-
other
-
-
-
-
unemployment
1 084
-
429
-
pensions
4 556
-
1 804
-
health
1 554
-
616
-
total
7 194
-
2 849
-
Corporate
-
13 500
-
-
income
-
3 510
-
-
total
-
3 510
-
-
Dividends
-
9 990
-
-
withholding
-
1 498
-
-
total
-
1 498
-
-
Income
13 500
13 500
13 500
13 500
Total tax
18 574
5 008
6 732
5 823
After tax
-5 074
8 492
6 768
7 677
Living cost
22 791
22 791
22 791
22 791
Free-cash
-27 865
-14 299
-16 023
-15 114

Estimated living cost  is ₽22791 per week

₽13760
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6522
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20238
-₽42786
-₽23151
-₽24966
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
44
regional
-
-
-
114
national
-
-
-
1 296
social contributions
-
-
-
7 864
total
-
-
-
9 318
Employee
56 286
-
13 500
-
social contributions
18 980
-
10 309
-
regional
758
-
65
-
municipal
298
-
25
-
national
8 917
-
734
-
total
28 953
-
11 133
-
Employer
56 286
-
13 500
-
total
-
-
-
-
Corporate
-
13 500
-
-
nationa
-
3 241
-
-
municipal
-
670
-
-
total
-
3 911
-
-
Dividends
-
9 589
-
-
withholding
-
2 494
-
-
total
-
2 494
-
-
Income
13 500
13 500
13 500
13 500
Total tax
28 953
6 405
11 133
9 318
After tax
-15 453
7 095
2 367
4 182
Living cost
27 333
27 333
27 333
27 333
Free-cash
-42 786
-20 238
-24 966
-23 151

Estimated living cost  is ₽27333 per week

₽16999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2769
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.
₽7098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20682
-₽45571
-₽23402
-₽23127
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
income
-
-
-
1 160
health
-
-
-
1 823
solidarity contribution
-
-
-
-
social contributions
-
-
-
3 942
total
-
-
-
6 925
Employee
44 083
-
10 075
-
social contributions
2 865
-
655
-
health
5 951
-
1 360
-
solidarity contribution
-
-
-
-
income
5 290
-
1 209
-
total
14 106
-
3 224
-
Employer
44 083
-
10 075
-
social contributions
11 021
-
2 519
-
health
3 967
-
907
-
total
14 988
-
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
29 094
4 205
6 650
6 925
After tax
-15 594
9 295
6 850
6 575
Living cost
29 977
29 977
29 977
29 977
Free-cash
-45 571
-20 682
-23 127
-23 402

Estimated living cost  is ₽29977 per week

₽22292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1661
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽41779
-₽44584
-₽28678
-₽31698
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
54
income
-
-
-
-
pensions
-
-
-
2 497
unemployment
-
-
-
6 223
health
-
-
-
1 032
surtax
-
-
-
-
total
-
-
-
9 806
Employee
44 355
40 437
40 437
-
other
443
404
102
-
health
1 716
1 565
391
-
income
3 951
2 983
4 750
-
pensions
4 542
4 140
1 036
-
unemployment
1 331
1 213
304
-
total
11 983
10 305
6 583
-
Employer
44 355
40 437
40 437
-
accident
576
526
110
-
other
2 107
1 920
1 664
-
chamber of commerce
177
162
162
-
unemployment
1 331
1 213
304
-
surtax
-
-
-
-
pensions
5 567
5 076
1 271
-
payroll
1 331
1 213
1 213
-
health
1 677
1 529
383
-
total
12 766
11 639
5 107
-
Corporate
3 851
3 851
4 542
-
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.

963
963
1 136
-
total
963
963
1 136
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
13 500
13 500
13 500
13 500
Total tax
25 712
22 907
12 826
9 806
After tax
-12 212
-9 407
674
3 694
Living cost
32 372
32 372
32 372
32 372
Free-cash
-44 584
-41 779
-31 698
-28 678

Estimated living cost  is ₽32372 per week

₽19419
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3306
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9069
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1608
-₽4541
-₽1068
-₽3633
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
18 041
-
13 500
-
income
3 608
-
2 700
-
total
3 608
-
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
3 608
675
2 700
135
After tax
9 892
12 825
10 800
13 365
Living cost
14 433
14 433
14 433
14 433
Free-cash
-4 541
-1 608
-3 633
-1 068

Estimated living cost  is ₽14433 per week

₽9767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17922
-₽38356
-₽19081
-₽19572
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
13 500
income
-
-
-
1 550
pensions
-
-
-
2 465
unemployment
-
-
-
21
health
-
-
-
1 329
total
-
-
-
5 365
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

44 870
-
11 680
-
health
2 898
-
755
-
income
7 738
-
1 456
-
pensions
6 955
-
1 810
-
unemployment
64
-
15
-
total
17 655
-
4 036
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

44 870
-
11 680
-
unemployment
27
-
8
-
pensions
3 970
-
1 034
-
health
2 988
-
778
-
total
6 985
-
1 820
-
Corporate
-
13 500
-
-
income
-
2 565
-
-
total
-
2 565
-
-
Dividends
-
10 935
-
-
withholding
-
1 641
-
-
total
-
1 641
-
-
Income
13 500
13 500
13 500
13 500
Total tax
24 640
4 206
5 856
5 365
After tax
-11 140
9 294
7 644
8 135
Living cost
27 216
27 216
27 216
27 216
Free-cash
-38 356
-17 922
-19 572
-19 081

Estimated living cost  is ₽27216 per week

₽18678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽35771
-₽138491
-₽34654
-₽43914
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
income
-
-
-
2 631
social contributions
-
-
-
1 539
total
-
-
-
4 170
Employee
63 067
-
827
-
social contributions
5 172
-
737
-
income
13 911
-
20
-
total
19 083
-
757
-
Employer
63 067
-
827
-
social contributions
88 924
-
12 673
-
total
88 924
-
12 673
-
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
108 007
5 287
13 430
4 170
After tax
-94 507
8 213
70
9 330
Living cost
43 984
43 984
43 984
43 984
Free-cash
-138 491
-35 771
-43 914
-34 654

Estimated living cost  is ₽43984 per week

₽28539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4137
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10748
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24148
-₽44252
-₽23806
-₽23525
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
13 500
income
-
-
-
788
surtax
-
-
-
-
social contributions

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

-
-
-
4 691
total
-
-
-
5 479
Employee
46 668
-
10 908
-
social contributions
5 134
-
1 200
-
surtax
-
-
-
-
income
9 707
-
1 408
-
total
14 841
-
2 608
-
Employer
46 668
-
10 908
-
social contributions
11 084
-
2 590
-
total
11 084
-
2 590
-
Corporate
-
13 500
-
-
surtax
-
-
-
-
income
-
2 834
-
-
total
-
2 834
-
-
Dividends
-
10 666
-
-
withholding
-
2 987
-
-
total
-
2 987
-
-
Income
13 500
13 500
13 500
13 500
Total tax
25 925
5 821
5 198
5 479
After tax
-12 425
7 679
8 302
8 021
Living cost
31 827
31 827
31 827
31 827
Free-cash
-44 252
-24 148
-23 525
-23 806

Estimated living cost  is ₽31827 per week

₽23813
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1877
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5605
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽42203
-₽69899
-₽41688
-₽40176
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 109
other
-
-
-
418
health
-
-
-
270
surtax
-
-
-
-
social contributions
-
-
-
383
total
-
-
-
6 180
Employee
63 552
-
10 288
-
social contributions
1 810
-
293
-
surtax
-
-
-
-
income
5 545
-
-
-
pensions
7 188
-
1 163
-
total
14 543
-
1 456
-
Employer
63 552
-
10 288
-
other
2 193
-
354
-
social contributions
191
-
31
-
unemployment
2 574
-
416
-
pensions
10 442
-
1 691
-
health
4 448
-
720
-
total
19 848
-
3 212
-
Corporate
-
13 500
-
-
surtax
-
-
-
-
income
-
3 780
-
-
total
-
3 780
-
-
Dividends
-
9 720
-
-
surtax
-
-
-
-
social contributions
-
1 671
-
-
withholding
-
1 244
-
-
total
-
2 915
-
-
Income
13 500
13 500
13 500
13 500
Total tax
34 391
6 695
4 668
6 180
After tax
-20 891
6 805
8 832
7 320
Living cost
49 008
49 008
49 008
49 008
Free-cash
-69 899
-42 203
-40 176
-41 688

Estimated living cost  is ₽49008 per week

₽33168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4009
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11159
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18351
-₽24178
-₽19970
-₽19572
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
32 621
-
11 688
-
income
-
-
-
-
social contributions
2 120
-
759
-
total
2 120
-
759
-
Employer
32 621
-
11 688
-
social contributions
5 057
-
1 812
-
total
5 057
-
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
7 177
1 350
2 571
2 969
After tax
6 323
12 150
10 929
10 531
Living cost
30 501
30 501
30 501
30 501
Free-cash
-24 178
-18 351
-19 572
-19 970

Estimated living cost  is ₽30501 per week

₽19722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2299
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽207601
-₽207601
-₽37354
-₽207601
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
-
pensions
-
-
-
880
national
-
-
-
91
labour market
-
-
-
1 010
total
-
-
-
1 981
Employee
206 279
206 279
206 279
-
labour market
16 479
16 479
16 479
-
national
25 201
25 201
25 201
-
municipal
43 926
43 926
43 926
-
pensions
293
293
293
-
total
85 899
85 899
85 899
-
Employer
206 279
206 279
206 279
-
labour market
16 502
16 502
16 502
-
municipal
43 996
43 996
43 996
-
pensions
586
586
586
-
national
25 245
25 245
25 245
-
total
86 329
86 329
86 329
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
13 500
13 500
13 500
13 500
Total tax
172 228
172 228
172 228
1 981
After tax
-158 728
-158 728
-158 728
11 519
Living cost
48 873
48 873
48 873
48 873
Free-cash
-207 601
-207 601
-207 601
-37 354

Estimated living cost  is ₽48873 per week

₽33449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10349
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20684
-₽27740
-₽16430
-₽14649
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
accident
-
-
-
254
income
-
-
-
1 154
pensions
-
-
-
4 181
other
-
-
-
372
health
-
-
-
2 191
total
-
-
-
8 152
Employee
34 259
-
11 214
-
health
3 923
-
1 284
-
income
4 700
-
1 539
-
pensions
3 858
-
1 263
-
total
12 481
-
4 086
-
Employer
34 259
-
11 214
-
accident
572
-
187
-
unemployment
839
-
275
-
pensions
5 570
-
1 823
-
total
6 981
-
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
19 462
12 406
6 371
8 152
After tax
-5 962
1 094
7 129
5 348
Living cost
21 778
21 778
21 778
21 778
Free-cash
-27 740
-20 684
-14 649
-16 430

Estimated living cost  is ₽21778 per week

₽15852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1242
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29615
-₽49959
-₽27887
-₽30409
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 430
health
-
-
-
-
national
-
-
-
-
total
-
-
-
2 430
Employee
53 385
-
11 359
-
health
399
-
-
-
municipal
8 744
-
1 875
-
pensions
3 603
-
766
-
unemployment
801
-
169
-
national
882
-
-
-
total
14 429
-
2 810
-
Employer
53 385
-
11 359
-
accident
54
-
12
-
unemployment
347
-
73
-
pensions
9 262
-
1 970
-
health
410
-
87
-
total
10 073
-
2 142
-
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
-
-
national
-
-
-
-
municipal
-
1 458
-
-
total
-
1 458
-
-
Income
13 500
13 500
13 500
13 500
Total tax
24 502
4 158
4 952
2 430
After tax
-11 002
9 342
8 548
11 070
Living cost
38 957
38 957
38 957
38 957
Free-cash
-49 959
-29 615
-30 409
-27 887

Estimated living cost  is ₽38957 per week

₽25446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3747
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.
₽9144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽32939
-₽25651
-₽16994
-₽24068
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 574
income
-
-
-
-
health
-
-
-
984
social contributions
-
-
-
6 017
total
-
-
-
7 001
Employee
78 025
78 025
78 025
-
social contributions
2 950
6 476
2 184
-
health
605
1 327
447
-
income
8 496
7 223
8 773
-
total
12 051
15 026
11 404
-
Employer
78 025
78 025
78 025
-
social contributions
2 950
6 476
2 184
-
health
657
1 444
487
-
total
3 607
7 920
2 671
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
13 500
13 500
13 500
13 500
Total tax
15 658
22 946
14 075
7 001
After tax
-2 158
-9 446
-575
6 499
Living cost
23 493
23 493
23 493
23 493
Free-cash
-25 651
-32 939
-24 068
-16 994

Estimated living cost  is ₽23493 per week

₽14080
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2305
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4930
-₽12187
-₽13065
-₽9344
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
13 500
income
-
-
-
300
pensions
-
-
-
6 454
unemployment
-
-
-
29
health
-
-
-
3 672
total
-
-
-
10 455
Employee

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

23 291
-
11 678
-
health
1 979
-
1 502
-
income
1 592
-
670
-
pensions
3 493
-
2 651
-
unemployment
116
-
89
-
total
7 180
-
4 912
-
Employer

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

23 291
-
11 678
-
unemployment
116
-
89
-
pensions
1 280
-
972
-
health
1 001
-
761
-
total
2 397
-
1 822
-
Corporate
-
13 500
-
-
income
-
1 215
-
-
total
-
1 215
-
-
Dividends
-
12 285
-
-
withholding
-
1 105
-
-
total
-
1 105
-
-
Income
13 500
13 500
13 500
13 500
Total tax
9 577
2 320
6 734
10 455
After tax
3 923
11 180
6 766
3 045
Living cost
16 110
16 110
16 110
16 110
Free-cash
-12 187
-4 930
-9 344
-13 065

Estimated living cost  is ₽16110 per week

₽10279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1161
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.
₽4190
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18609
-₽35980
-₽22268
-₽27463
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
accident
-
-
-
196
income
-
-
-
1 321
pensions
-
-
-
6 175
other
-
-
-
21
unemployment
-
-
-
152
total
-
-
-
7 865
Employee
37 519
-
2 698
-
other
37
-
35
-
income
7 233
-
104
-
pensions
1 764
-
1 592
-
unemployment
582
-
526
-
total
9 616
-
2 257
-
Employer
37 519
-
2 698
-
accident
743
-
670
-
other
300
-
272
-
unemployment
2 064
-
1 864
-
pensions
8 854
-
7 997
-
total
11 961
-
10 803
-
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.

-
2 026
-
-
total
-
2 026
-
-
Dividends
-
11 474
-
-
withholding
-
2 180
-
-
total
-
2 180
-
-
Income
13 500
13 500
13 500
13 500
Total tax
21 577
4 206
13 060
7 865
After tax
-8 077
9 294
440
5 635
Living cost
27 903
27 903
27 903
27 903
Free-cash
-35 980
-18 609
-27 463
-22 268

Estimated living cost  is ₽27903 per week

₽18834
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2682
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5898
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5637
₽5180
₽4351
₽4153
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 855
pensions
-
-
-
2 033
health
-
-
-
1 474
total
-
-
-
6 362
Employee
4 245
-
11 213
-
health
212
-
508
-
income
821
-
2 748
-
pensions
382
-
915
-
unemployment
42
-
102
-
total
1 457
-
4 273
-
Employer
4 245
-
11 213
-
unemployment
85
-
203
-
pensions
467
-
1 118
-
health
403
-
966
-
total
955
-
2 287
-
Corporate
8 299
13 500
-
-
income
1 826
2 970
-
-
total
1 826
2 970
-
-
Dividends
6 474
10 530
-
-
withholding
1 295
2 106
-
-
total
1 295
2 106
-
-
Income
13 500
13 500
13 500
13 500
Total tax
5 533
5 076
6 560
6 362
After tax
7 967
8 424
6 940
7 138
Living cost
2 787
2 787
2 787
2 787
Free-cash
5 180
5 637
4 153
4 351

Estimated living cost  is ₽2787 per week

₽1656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7801
-₽17711
-₽9696
-₽9025
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

-
-
-
13 500
income
-
-
-
538
pensions
-
-
-
3 510
unemployment
-
-
-
203
health
-
-
-
1 390
total
-
-
-
5 641
Employee

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

26 472
-
11 450
-
health
1 363
-
590
-
income
3 649
-
641
-
pensions
3 706
-
1 603
-
unemployment
199
-
86
-
total
8 917
-
2 920
-
Employer

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

26 472
-
11 450
-
unemployment
199
-
86
-
pensions
3 177
-
1 374
-
health
1 363
-
590
-
total
4 739
-
2 050
-
Corporate
-
13 500
-
-
income
-
2 025
-
-
total
-
2 025
-
-
Dividends
-
11 475
-
-
withholding
-
1 721
-
-
total
-
1 721
-
-
Income
13 500
13 500
13 500
13 500
Total tax
13 656
3 746
4 970
5 641
After tax
-156
9 754
8 530
7 859
Living cost
17 555
17 555
17 555
17 555
Free-cash
-17 711
-7 801
-9 025
-9 696

Estimated living cost  is ₽17555 per week

₽11820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3869
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19676
-₽35235
-₽19334
-₽19053
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
13 500
income
-
-
-
788
surtax
-
-
-
-
social contributions

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

-
-
-
4 691
total
-
-
-
5 479
Employee
39 382
-
10 908
-
social contributions
4 333
-
1 200
-
surtax
-
-
-
-
income
7 695
-
1 408
-
total
12 028
-
2 608
-
Employer
39 382
-
10 908
-
social contributions
9 352
-
2 590
-
total
9 352
-
2 590
-
Corporate
-
13 500
-
-
surtax
-
-
-
-
income
-
2 834
-
-
total
-
2 834
-
-
Dividends
-
10 666
-
-
withholding
-
2 987
-
-
total
-
2 987
-
-
Income
13 500
13 500
13 500
13 500
Total tax
21 380
5 821
5 198
5 479
After tax
-7 880
7 679
8 302
8 021
Living cost
27 355
27 355
27 355
27 355
Free-cash
-35 235
-19 676
-19 053
-19 334

Estimated living cost  is ₽27355 per week

₽19375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5596
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26367
-₽51130
-₽30026
-₽35221
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
accident
-
-
-
196
income
-
-
-
1 321
pensions
-
-
-
6 175
other
-
-
-
21
unemployment
-
-
-
152
total
-
-
-
7 865
Employee
49 005
-
2 698
-
other
48
-
35
-
income
10 235
-
104
-
pensions
2 303
-
1 592
-
unemployment
759
-
526
-
total
13 345
-
2 257
-
Employer
49 005
-
2 698
-
accident
970
-
670
-
other
393
-
272
-
unemployment
2 696
-
1 864
-
pensions
11 565
-
7 997
-
total
15 624
-
10 803
-
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.

-
2 026
-
-
total
-
2 026
-
-
Dividends
-
11 474
-
-
withholding
-
2 180
-
-
total
-
2 180
-
-
Income
13 500
13 500
13 500
13 500
Total tax
28 969
4 206
13 060
7 865
After tax
-15 469
9 294
440
5 635
Living cost
35 661
35 661
35 661
35 661
Free-cash
-51 130
-26 367
-35 221
-30 026

Estimated living cost  is ₽35661 per week

₽25610
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6776
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5925
-₽14166
-₽9597
-₽8943
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
income
-
-
-
2 025
pensions

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

-
-
-
1 998
unemployment
-
-
-
54
health
-
-
-
1 553
total
-
-
-
5 630
Employee
23 129
-
11 285
-
health
1 064
-
519
-
accident

We are using the highest rate at 1.1%.

254
-
124
-
income
2 313
-
1 128
-
pensions

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

2 030
-
991
-
total
5 661
-
2 762
-
Employer
23 129
-
11 285
-
accident

We are using the highest rate at 1.1%.

254
-
124
-
unemployment
139
-
68
-
pensions

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

2 549
-
1 243
-
health
1 596
-
779
-
total
4 538
-
2 214
-
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
10 199
1 958
4 976
5 630
After tax
3 301
11 542
8 524
7 870
Living cost
17 467
17 467
17 467
17 467
Free-cash
-14 166
-5 925
-8 943
-9 597

Estimated living cost  is ₽17467 per week

₽11552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31955
-₽36987
-₽32606
-₽32606
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 932
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
-
-
-
6 932
Employee

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

50 487
-
13 500
-
health

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

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

6 932
-
6 932
-
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
-
-
-
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.

4 152
-
-
-
total
11 313
-
6 932
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
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.

-
112
-
-
income
-
2 026
-
-
trade
-
1 937
-
-
chamber of commerce
-
173
-
-
total
-
4 248
-
-
Dividends
-
9 252
-
-
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
-
-
withholding
-
1 927
-
-
total
-
2 033
-
-
Income
13 500
13 500
13 500
13 500
Total tax
11 313
6 281
6 932
6 932
After tax
2 187
7 219
6 568
6 568
Living cost
39 174
39 174
39 174
39 174
Free-cash
-36 987
-31 955
-32 606
-32 606

Estimated living cost  is ₽39174 per week

₽27023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4215
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽48351
-₽65872
-₽44301
-₽44301
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-154
social contributions
-
-
-
154
total
-
-
-
-
Employee
79 371
-
13 500
-
income
14 977
-
-154
-
social contributions
6 594
-
154
-
total
21 571
-
-
-
Employer
79 371
-
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
21 571
4 050
-
-
After tax
-8 071
9 450
13 500
13 500
Living cost
57 801
57 801
57 801
57 801
Free-cash
-65 872
-48 351
-44 301
-44 301

Estimated living cost  is ₽57801 per week

₽43974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4710
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31087
-₽40741
-₽59027
-₽26861
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
13 500
income
-
-
-
28 883
health

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

-
-
-
6 811
total
-
-
-
35 694
Employee
46 548
-
11 736
-
income
5 051
-
-
-
social contributions
4 664
-
1 764
-
total
9 715
-
1 764
-
Employer
46 548
-
11 736
-
social contributions
4 664
-
1 764
-
total
4 664
-
1 764
-
Corporate
-
13 500
-
-
income
-
4 725
-
-
total
-
4 725
-
-
Dividends
-
8 775
-
-
social contributions
3 029
3 029
-
-
total
3 029
3 029
-
-
Income
13 500
13 500
13 500
13 500
Total tax
17 408
7 754
3 528
35 694
After tax
-3 908
5 746
9 972
-22 194
Living cost
36 833
36 833
36 833
36 833
Free-cash
-40 741
-31 087
-26 861
-59 027

Estimated living cost  is ₽36833 per week

₽24262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2904
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9102
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27918
-₽44972
-₽27232
-₽27436
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 699
pensions
-
-
-
-
total
-
-
-
2 699
Employee
52 206
-
13 247
-
health
681
-
-
-
income
9 507
-
2 650
-
pensions
3 985
-
-
-
total
14 173
-
2 650
-
Employer
52 206
-
13 247
-
pensions
5 274
-
-
-
health
992
-
253
-
total
6 266
-
253
-
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
-
821
-
-
total
-
821
-
-
Income
13 500
13 500
13 500
13 500
Total tax
20 439
3 385
2 903
2 699
After tax
-6 939
10 115
10 597
10 801
Living cost
38 033
38 033
38 033
38 033
Free-cash
-44 972
-27 918
-27 436
-27 232

Estimated living cost  is ₽38033 per week

₽26091
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7967
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽22841
-₽31823
-₽18587
-₽16806
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
accident
-
-
-
254
income
-
-
-
1 154
pensions
-
-
-
4 181
other
-
-
-
372
health
-
-
-
2 191
total
-
-
-
8 152
Employee
37 650
-
11 214
-
health
4 311
-
1 284
-
income
5 165
-
1 539
-
pensions
4 239
-
1 263
-
total
13 715
-
4 086
-
Employer
37 650
-
11 214
-
accident
629
-
187
-
unemployment
922
-
275
-
pensions
6 122
-
1 823
-
total
7 673
-
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
21 388
12 406
6 371
8 152
After tax
-7 888
1 094
7 129
5 348
Living cost
23 935
23 935
23 935
23 935
Free-cash
-31 823
-22 841
-16 806
-18 587

Estimated living cost  is ₽23935 per week

₽17565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1395
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4492
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2230
-₽8429
-₽5268
-₽5268
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

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

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

21 928
-
13 500
-
work injury
110
-
68
-
income
2 193
-
1 350
-
pensions
4 035
-
2 484
-
health insurance
1 623
-
999
-
unemployment
263
-
162
-
total
8 224
-
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
8 224
2 025
5 063
5 063
After tax
5 276
11 475
8 437
8 437
Living cost
13 705
13 705
13 705
13 705
Free-cash
-8 429
-2 230
-5 268
-5 268

Estimated living cost  is ₽13705 per week

₽8490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽996
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽33312
-₽72004
-₽36231
-₽38051
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
50
regional
-
-
-
98
national
-
-
-
1 296
social contributions
-
-
-
7 864
total
-
-
-
9 308
Employee
85 504
-
13 500
-
social contributions
28 831
-
10 309
-
regional
1 291
-
56
-
municipal
510
-
29
-
national
14 449
-
734
-
total
45 081
-
11 128
-
Employer
85 504
-
13 500
-
total
-
-
-
-
Corporate
-
13 500
-
-
nationa
-
3 241
-
-
municipal
-
651
-
-
total
-
3 892
-
-
Dividends
-
9 608
-
-
withholding
-
2 497
-
-
total
-
2 497
-
-
Income
13 500
13 500
13 500
13 500
Total tax
45 081
6 389
11 128
9 308
After tax
-31 581
7 111
2 372
4 192
Living cost
40 423
40 423
40 423
40 423
Free-cash
-72 004
-33 312
-38 051
-36 231

Estimated living cost  is ₽40423 per week

₽28394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2781
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.
₽8636
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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