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
-₽21223
-₽21158
-₽21158
-₽22211
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
13 500
income

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

-
-
-
-
surtax

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

-
-
-
-
health

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

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

-
-
-
6 378
trade
-
-
-
-
total
-
-
-
6 378
Employee

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

35 710
-
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.

55
-
-
-
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.

998
-
-
-
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.

6 378
-
6 378
-
total
7 431
-
6 378
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
13 500
-
-
income
-
2 025
-
-
surtax

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

-
112
-
-
chamber of commerce
-
161
-
-
trade
-
2 126
-
-
total
-
4 424
-
-
Dividends
-
9 076
-
-
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.

-
105
-
-
withholding
-
1 914
-
-
total
-
2 019
-
-
Income
13 500
13 500
13 500
13 500
Total tax
7 431
6 443
6 378
6 378
After tax
6 069
7 057
7 122
7 122
Living cost
28 280
28 280
28 280
28 280
Free-cash
-22 211
-21 223
-21 158
-21 158

Estimated living cost  is ₽28280 per week

₽17789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3297
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.
₽6665
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽41382
-₽38854
-₽38960
-₽70715
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
social contributions
-
-
-
145
municipal
-
-
-
349
national
-
-
-
540
pensions
-
-
-
1 620
total
-
-
-
2 654
Employee
77 208
-
11 671
-
municipal
9 536
-
401
-
pensions
3 088
-
467
-
national
14 778
-
621
-
total
27 402
-
1 489
-
Employer
77 208
-
11 671
-
pensions
6 177
-
934
-
social contributions
830
-
125
-
total
7 007
-
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
34 409
5 076
2 548
2 654
After tax
-20 909
8 424
10 952
10 846
Living cost
49 806
49 806
49 806
49 806
Free-cash
-70 715
-41 382
-38 854
-38 960

Estimated living cost  is ₽49806 per week

₽33853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4630
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽745
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10578
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8624
-₽11677
-₽10888
-₽20353
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

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

-
-
-
2 939
microenterprise
-
-
-
2 025
total
-
-
-
4 964
Employee
27 282
-
10 880
-
surtax
-
-
-
-
social contributions

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

3 001
-
1 196
-
income
4 856
-
1 937
-
total
7 857
-
3 133
-
Employer
27 282
-
10 880
-
social contributions

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

6 572
-
2 620
-
surtax
-
-
-
-
total
6 572
-
2 620
-
Corporate
-
13 500
-
-
income

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

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

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

-
10 800
-
-
total
-
-
-
-
Income
13 500
13 500
13 500
13 500
Total tax
14 429
2 700
5 753
4 964
After tax
-929
10 800
7 747
8 536
Living cost
19 424
19 424
19 424
19 424
Free-cash
-20 353
-8 624
-11 677
-10 888

Estimated living cost  is ₽19424 per week

₽12392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1850
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽73972
-₽79213
-₽31329
-₽79213
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 071
pensions
-
-
-
2 431
total
-
-
-
5 717
Employee
79 730
79 730
79 730
-
pensions
14 351
10 939
14 351
-
income

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

13 051
13 051
13 051
-
health
12 238
10 409
12 238
-
total
39 640
34 399
39 640
-
Employer
79 730
79 730
79 730
-
health
5 542
5 542
5 542
-
pensions
5 549
5 549
5 549
-
unemployment
2 870
2 870
2 870
-
total
13 961
13 961
13 961
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
13 500
13 500
13 500
13 500
Total tax
53 601
48 360
53 601
5 717
After tax
-40 101
-34 860
-40 101
7 783
Living cost
39 112
39 112
39 112
39 112
Free-cash
-79 213
-73 972
-79 213
-31 329

Estimated living cost  is ₽39112 per week

₽27718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3526
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽622
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30327
-₽30489
-₽30968
-₽57094
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
accident
-
-
-
27
other
-
-
-
1 569
unemployment
-
-
-
14
health
-
-
-
842
municipal
-
-
-
2 859
national
-
-
-
-
pensions
-
-
-
1 459
total
-
-
-
6 770
Employee
53 717
-
10 272
-
municipal
16 018
-
3 063
-
national
-
-
-
-
total
16 018
-
3 063
-
Employer
53 717
-
10 272
-
health
3 304
-
632
-
pensions
5 807
-
1 110
-
accident
107
-
21
-
unemployment
1 418
-
271
-
other
6 242
-
1 194
-
total
16 878
-
3 228
-
Corporate
-
13 500
-
-
income
-
2 970
-
-
total
-
2 970
-
-
Dividends
-
10 530
-
-
withholding
-
3 159
-
-
total
-
3 159
-
-
Income
13 500
13 500
13 500
13 500
Total tax
32 896
6 129
6 291
6 770
After tax
-19 396
7 371
7 209
6 730
Living cost
37 698
37 698
37 698
37 698
Free-cash
-57 094
-30 327
-30 489
-30 968

Estimated living cost  is ₽37698 per week

₽24985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3699
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8442
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29691
-₽29556
-₽29556
-₽33847
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
13 500
income

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

-
-
-
-
surtax

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

-
-
-
-
health

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

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

-
-
-
6 378
trade
-
-
-
-
total
-
-
-
6 378
Employee

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

47 347
-
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.

223
-
-
-
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.

4 068
-
-
-
health

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

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

6 378
-
6 378
-
total
10 669
-
6 378
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
13 500
-
-
income
-
2 025
-
-
surtax

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

-
112
-
-
chamber of commerce
-
161
-
-
trade
-
2 220
-
-
total
-
4 518
-
-
Dividends
-
8 982
-
-
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.

-
105
-
-
withholding
-
1 890
-
-
total
-
1 995
-
-
Income
13 500
13 500
13 500
13 500
Total tax
10 669
6 513
6 378
6 378
After tax
2 831
6 987
7 122
7 122
Living cost
36 678
36 678
36 678
36 678
Free-cash
-33 847
-29 691
-29 556
-29 556

Estimated living cost  is ₽36678 per week

₽24530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3868
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7732
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽37895
-₽29732
-₽23225
-₽32792
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 493
income
-
-
-
-
social contributions
-
-
-
5 537
health
-
-
-
905
total
-
-
-
6 442
Employee
71 793
71 793
71 793
-
social contributions
3 489
5 958
2 009
-
income
7 539
6 646
8 072
-
health
714
1 221
411
-
total
11 742
13 825
10 492
-
Employer
71 793
71 793
71 793
-
health
778
1 329
448
-
social contributions
3 489
5 958
2 009
-
total
4 267
7 287
2 457
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
13 500
13 500
13 500
13 500
Total tax
16 009
21 112
12 949
6 442
After tax
-2 509
-7 612
551
7 058
Living cost
30 283
30 283
30 283
30 283
Free-cash
-32 792
-37 895
-29 732
-23 225

Estimated living cost  is ₽30283 per week

₽20701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8835
-₽8897
-₽7370
-₽15347
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

24 139
9 607
11 297
-
unemployment
362
144
169
-
pensions
2 414
961
1 130
-
income
2 951
1 174
1 381
-
health
1 690
672
791
-
total
7 417
2 951
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.

24 139
9 607
11 297
-
pensions
4 707
1 873
2 203
-
total
4 707
1 873
2 203
-
Corporate
-
2 019
-
-
income
-
182
-
-
total
-
182
-
-
Dividends
-
1 838
-
-
social contributions
-
257
-
-
withholding
-
349
-
-
total
-
606
-
-
Income
13 500
13 500
13 500
13 500
Total tax
12 124
5 612
5 674
4 147
After tax
1 376
7 888
7 826
9 353
Living cost
16 723
16 723
16 723
16 723
Free-cash
-15 347
-8 835
-8 897
-7 370

Estimated living cost  is ₽16723 per week

₽11412
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽334
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3609
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11751
-₽13027
-₽13507
-₽21940
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
income
-
-
-
-
health
-
-
-
1 756
pensions
-
-
-
2 700
total
-
-
-
4 456
Employee
26 486
-
9 907
-
unemployment
423
-
170
-
pensions
530
-
213
-
income
2 982
-
-
-
total
3 935
-
383
-
Employer
26 486
-
9 907
-
health
3 443
-
1 382
-
pensions
5 298
-
2 126
-
unemployment
213
-
85
-
total
8 954
-
3 593
-
Corporate
-
13 500
-
-
income
-
2 700
-
-
total
-
2 700
-
-
Dividends
-
10 800
-
-
total
-
-
-
-
Income
13 500
13 500
13 500
13 500
Total tax
12 889
2 700
3 976
4 456
After tax
611
10 800
9 524
9 044
Living cost
22 551
22 551
22 551
22 551
Free-cash
-21 940
-11 751
-13 027
-13 507

Estimated living cost  is ₽22551 per week

₽15468
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1343
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5287
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₽19746
-₽13711
-₽15162
-₽25964
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
239
income
-
-
-
1 225
other
-
-
-
351
health
-
-
-
2 066
pensions
-
-
-
3 941
total
-
-
-
7 822
Employee
32 783
-
11 215
-
pensions
3 691
-
1 263
-
income
4 498
-
1 539
-
health
3 754
-
1 284
-
total
11 943
-
4 086
-
Employer
32 783
-
11 215
-
pensions
5 331
-
1 823
-
accident
547
-
187
-
unemployment
803
-
275
-
total
6 681
-
2 285
-
Corporate
-
13 500
-
-
income

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

-
12 150
-
-
total
-
12 150
-
-
Dividends
-
1 350
-
-
withholding
-
256
-
-
total
-
256
-
-
Income
13 500
13 500
13 500
13 500
Total tax
18 624
12 406
6 371
7 822
After tax
-5 124
1 094
7 129
5 678
Living cost
20 840
20 840
20 840
20 840
Free-cash
-25 964
-19 746
-13 711
-15 162

Estimated living cost  is ₽20840 per week

₽15274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
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.
₽3977
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5302
₽3277
₽5842
₽3891
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
13 500
microenterprise

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

-
-
-
135
total
-
-
-
135
Employee
9 404
-
13 500
-
income
1 881
-
2 700
-
total
1 881
-
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%.

4 096
13 500
-
-
total
-
-
-
-
Dividends
4 096
13 500
-
-
withholding
205
675
-
-
total
205
675
-
-
Income
13 500
13 500
13 500
13 500
Total tax
2 086
675
2 700
135
After tax
11 414
12 825
10 800
13 365
Living cost
7 523
7 523
7 523
7 523
Free-cash
3 891
5 302
3 277
5 842

Estimated living cost  is ₽7523 per week

₽4662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽207
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14959
-₽16968
-₽17569
-₽28943
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
income
-
-
-
1 715
other
-
-
-
641
health
-
-
-
594
pensions

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

-
-
-
3 241
total
-
-
-
6 191
Employee
33 900
-
10 782
-
unemployment
338
-
108
-
pensions

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

2 372
-
755
-
income
5 836
-
1 857
-
health
475
-
151
-
total
9 021
-
2 871
-
Employer
33 900
-
10 782
-
health
475
-
151
-
pensions

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

5 764
-
1 834
-
accident
271
-
87
-
unemployment
338
-
108
-
other
1 696
-
539
-
total
8 544
-
2 719
-
Corporate
-
13 500
-
-
income
-
2 835
-
-
total
-
2 835
-
-
Dividends
-
10 665
-
-
withholding
-
746
-
-
total
-
746
-
-
Income
13 500
13 500
13 500
13 500
Total tax
17 565
3 581
5 590
6 191
After tax
-4 065
9 919
7 910
7 309
Living cost
24 878
24 878
24 878
24 878
Free-cash
-28 943
-14 959
-16 968
-17 569

Estimated living cost  is ₽24878 per week

₽17578
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1680
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and 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 Bratislava model

Close
London , United Kingdom
-₽52602
-₽52158
-₽52162
-₽87397
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
income
-
-
-
2 639
pensions
-
-
-
306
total
-
-
-
2 945
Employee
88 735
-
13 196
-
pensions
8 561
-
-
-
income
15 995
-
2 639
-
health
1 462
-
-
-
total
26 018
-
2 639
-
Employer
88 735
-
13 196
-
health
1 685
-
250
-
pensions
10 477
-
52
-
total
12 162
-
302
-
Corporate
-
13 500
-
-
income

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

-
2 565
-
-
total
-
2 565
-
-
Dividends
-
10 935
-
-
withholding
-
820
-
-
total
-
820
-
-
Income
13 500
13 500
13 500
13 500
Total tax
38 180
3 385
2 941
2 945
After tax
-24 680
10 115
10 559
10 555
Living cost
62 717
62 717
62 717
62 717
Free-cash
-87 397
-52 602
-52 158
-52 162

Estimated living cost  is ₽62717 per week

₽46995
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7369
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽701
-₽3719
-₽4373
-₽5895
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
income
-
-
-
2 025
unemployment
-
-
-
54
health
-
-
-
1 552
pensions

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

-
-
-
1 998
total
-
-
-
5 629
Employee
16 213
-
11 285
-
accident

We are using the highest rate at 1.1%.

179
-
124
-
pensions

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

1 423
-
990
-
income
1 621
-
1 128
-
health
746
-
519
-
total
3 969
-
2 761
-
Employer
16 213
-
11 285
-
health
1 119
-
779
-
pensions

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

1 787
-
1 243
-
accident

We are using the highest rate at 1.1%.

179
-
124
-
unemployment
97
-
68
-
total
3 182
-
2 214
-
Corporate
-
13 500
-
-
income
-
1 350
-
-
total
-
1 350
-
-
Dividends
-
12 150
-
-
withholding
-
607
-
-
total
-
607
-
-
Income
13 500
13 500
13 500
13 500
Total tax
7 151
1 957
4 975
5 629
After tax
6 349
11 543
8 525
7 871
Living cost
12 244
12 244
12 244
12 244
Free-cash
-5 895
-701
-3 719
-4 373

Estimated living cost  is ₽12244 per week

₽7148
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3897
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽86632
-₽91873
-₽43989
-₽88217
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 071
pensions
-
-
-
2 431
total
-
-
-
5 717
Employee
86 561
79 730
79 730
-
pensions
10 939
10 939
14 351
-
income

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

13 051
13 051
13 051
-
health
10 799
10 409
12 238
-
total
34 789
34 399
39 640
-
Employer
86 561
79 730
79 730
-
health
6 015
5 542
5 542
-
pensions
6 024
5 549
5 549
-
unemployment
3 117
2 870
2 870
-
total
15 156
13 961
13 961
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
13 500
13 500
13 500
13 500
Total tax
49 945
48 360
53 601
5 717
After tax
-36 445
-34 860
-40 101
7 783
Living cost
51 772
51 772
51 772
51 772
Free-cash
-88 217
-86 632
-91 873
-43 989

Estimated living cost  is ₽51772 per week

₽38191
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4624
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.
₽8365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13520
-₽15965
-₽16239
-₽31459
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
income
-
-
-
1 160
social contributions
-
-
-
3 942
solidarity contribution
-
-
-
-
health
-
-
-
1 822
total
-
-
-
6 924
Employee
33 551
-
10 075
-
solidarity contribution
-
-
-
-
social contributions
2 181
-
655
-
income
4 026
-
1 209
-
health
4 529
-
1 360
-
total
10 736
-
3 224
-
Employer
33 551
-
10 075
-
health
3 020
-
907
-
social contributions
8 388
-
2 519
-
total
11 408
-
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
22 144
4 205
6 650
6 924
After tax
-8 644
9 295
6 850
6 576
Living cost
22 815
22 815
22 815
22 815
Free-cash
-31 459
-13 520
-15 965
-16 239

Estimated living cost  is ₽22815 per week

₽15848
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1623
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4896
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽32194
-₽36388
-₽34699
-₽69477
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
social contributions
-
-
-
7 236
regional
-
-
-
76
municipal
-
-
-
50
national
-
-
-
1 440
total
-
-
-
8 802
Employee
82 977
-
13 500
-
municipal
439
-
32
-
national
14 378
-
923
-
regional
783
-
50
-
social contributions
27 980
-
9 486
-
total
43 580
-
10 491
-
Employer
82 977
-
13 500
-
total
-
-
-
-
Corporate
-
13 500
-
-
municipal
-
526
-
-
nationa
-
3 241
-
-
total
-
3 767
-
-
Dividends
-
9 733
-
-
withholding
-
2 530
-
-
total
-
2 530
-
-
Income
13 500
13 500
13 500
13 500
Total tax
43 580
6 297
10 491
8 802
After tax
-30 080
7 203
3 009
4 698
Living cost
39 397
39 397
39 397
39 397
Free-cash
-69 477
-32 194
-36 388
-34 699

Estimated living cost  is ₽39397 per week

₽27463
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2583
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12112
-₽13511
-₽12901
-₽23874
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 926
other
-
-
-
-
surtax
-
-
-
-
unemployment
-
-
-
213
health
-
-
-
959
pensions
-
-
-
2 700
total
-
-
-
5 798
Employee
30 875
-
10 878
-
other
-
-
-
-
unemployment
2 149
-
866
-
pensions
2 059
-
831
-
surtax
101
-
-
-
income
5 175
-
1 772
-
health
788
-
317
-
total
10 272
-
3 786
-
Employer
30 875
-
10 878
-
health
1 405
-
567
-
pensions
4 116
-
1 660
-
unemployment
978
-
395
-
other
-
-
-
-
total
6 499
-
2 622
-
Corporate
-
13 500
-
-
income
-
3 510
-
-
total
-
3 510
-
-
Dividends
-
9 990
-
-
withholding
-
1 499
-
-
total
-
1 499
-
-
Income
13 500
13 500
13 500
13 500
Total tax
16 771
5 009
6 408
5 798
After tax
-3 271
8 491
7 092
7 702
Living cost
20 603
20 603
20 603
20 603
Free-cash
-23 874
-12 112
-13 511
-12 901

Estimated living cost  is ₽20603 per week

₽12597
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.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽32732
-₽32288
-₽32292
-₽53534
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
income
-
-
-
2 639
pensions
-
-
-
306
total
-
-
-
2 945
Employee
59 468
-
13 196
-
pensions
5 047
-
-
-
income
10 710
-
2 639
-
health
863
-
-
-
total
16 620
-
2 639
-
Employer
59 468
-
13 196
-
health
1 130
-
250
-
pensions
6 437
-
52
-
total
7 567
-
302
-
Corporate
-
13 500
-
-
income

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

-
2 565
-
-
total
-
2 565
-
-
Dividends
-
10 935
-
-
withholding
-
820
-
-
total
-
820
-
-
Income
13 500
13 500
13 500
13 500
Total tax
24 187
3 385
2 941
2 945
After tax
-10 687
10 115
10 559
10 555
Living cost
42 847
42 847
42 847
42 847
Free-cash
-53 534
-32 732
-32 288
-32 292

Estimated living cost  is ₽42847 per week

₽32100
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3211
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽67656
-₽65051
-₽62221
-₽81129
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
other

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

-
-
-
269
regional
-
-
-
-
health
-
-
-
241
city
-
-
-
140
national
-
-
-
-
pensions
-
-
-
1 242
total
-
-
-
1 892
Employee
86 398
-
10 959
-
unemployment
-
-
-
-
pensions
7 259
-
2 175
-
national
409
-
-
-
regional
2 829
-
-
-
city
927
-
102
-
health
195
-
25
-
total
11 619
-
2 302
-
Employer
86 398
-
10 959
-
health
195
-
25
-
pensions
7 259
-
2 175
-
unemployment
-
-
-
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

1 727
-
220
-
total
9 181
-
2 420
-
Corporate
-
13 500
-
-
regional
-
2 856
-
-
national
-
1 147
-
-
total
-
4 003
-
-
Dividends
-
9 497
-
-
withholding
-
3 324
-
-
total
-
3 324
-
-
Income
13 500
13 500
13 500
13 500
Total tax
20 800
7 327
4 722
1 892
After tax
-7 300
6 173
8 778
11 608
Living cost
73 829
73 829
73 829
73 829
Free-cash
-81 129
-67 656
-65 051
-62 221

Estimated living cost  is ₽73829 per week

₽48010
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽906
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18287
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽35855
-₽35649
-₽35649
-₽42610
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
13 500
income

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

-
-
-
-
surtax

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

-
-
-
-
health

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

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

-
-
-
6 378
trade
-
-
-
-
total
-
-
-
6 378
Employee

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

56 111
-
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.

363
-
-
-
income

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

6 598
-
-
-
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.

6 378
-
6 378
-
total
13 339
-
6 378
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
13 500
-
-
income
-
2 025
-
-
surtax

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

-
112
-
-
chamber of commerce
-
161
-
-
trade
-
2 316
-
-
total
-
4 614
-
-
Dividends
-
8 886
-
-
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.

-
103
-
-
withholding
-
1 867
-
-
total
-
1 970
-
-
Income
13 500
13 500
13 500
13 500
Total tax
13 339
6 584
6 378
6 378
After tax
161
6 916
7 122
7 122
Living cost
42 771
42 771
42 771
42 771
Free-cash
-42 610
-35 855
-35 649
-35 649

Estimated living cost  is ₽42771 per week

₽31238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3421
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7557
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽25137
-₽23109
-₽24473
-₽38936
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
income
-
-
-
-
other
-
-
-
418
surtax
-
-
-
-
social contributions
-
-
-
384
health
-
-
-
248
pensions
-
-
-
4 980
total
-
-
-
6 030
Employee
39 959
-
10 288
-
pensions
4 518
-
1 164
-
surtax
-
-
-
-
social contributions
1 139
-
294
-
income
2 358
-
-
-
total
8 015
-
1 458
-
Employer
39 959
-
10 288
-
health
2 798
-
719
-
pensions
6 564
-
1 689
-
unemployment
1 618
-
416
-
social contributions
120
-
30
-
other
1 378
-
354
-
total
12 478
-
3 208
-
Corporate
-
13 500
-
-
income
-
3 779
-
-
surtax
-
-
-
-
total
-
3 779
-
-
Dividends
-
9 721
-
-
surtax
-
-
-
-
social contributions
-
1 671
-
-
withholding
-
1 244
-
-
total
-
2 915
-
-
Income
13 500
13 500
13 500
13 500
Total tax
20 493
6 694
4 666
6 030
After tax
-6 993
6 806
8 834
7 470
Living cost
31 943
31 943
31 943
31 943
Free-cash
-38 936
-25 137
-23 109
-24 473

Estimated living cost  is ₽31943 per week

₽20142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2597
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8662
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21972
-₽19944
-₽21308
-₽33306
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
income
-
-
-
-
other
-
-
-
418
surtax
-
-
-
-
social contributions
-
-
-
384
health
-
-
-
248
pensions
-
-
-
4 980
total
-
-
-
6 030
Employee
35 669
-
10 288
-
pensions
4 034
-
1 164
-
surtax
-
-
-
-
social contributions
1 017
-
294
-
income
1 839
-
-
-
total
6 890
-
1 458
-
Employer
35 669
-
10 288
-
health
2 496
-
719
-
pensions
5 861
-
1 689
-
unemployment
1 444
-
416
-
social contributions
106
-
30
-
other
1 231
-
354
-
total
11 138
-
3 208
-
Corporate
-
13 500
-
-
income
-
3 779
-
-
surtax
-
-
-
-
total
-
3 779
-
-
Dividends
-
9 721
-
-
surtax
-
-
-
-
social contributions
-
1 671
-
-
withholding
-
1 244
-
-
total
-
2 915
-
-
Income
13 500
13 500
13 500
13 500
Total tax
18 028
6 694
4 666
6 030
After tax
-4 528
6 806
8 834
7 470
Living cost
28 778
28 778
28 778
28 778
Free-cash
-33 306
-21 972
-19 944
-21 308

Estimated living cost  is ₽28778 per week

₽16690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2923
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8620
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
-₽11562
-₽11631
-₽11128
-₽20608
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
income
-
-
-
2 025
social contributions
-
-
-
1 862
health
-
-
-
943
total
-
-
-
4 830
Employee
31 656
-
13 500
-
social contributions
4 369
-
1 862
-
income
5 280
-
2 528
-
health
2 209
-
943
-
total
11 858
-
5 333
-
Employer
31 656
-
13 500
-
total
-
-
-
-
Corporate
-
13 500
-
-
income

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

-
675
-
-
total
-
675
-
-
Dividends
-
12 825
-
-
social contributions
1 628
1 770
-
-
withholding
-
1 924
-
-
health
824
895
-
-
total
2 452
4 589
-
-
Income
13 500
13 500
13 500
13 500
Total tax
14 310
5 264
5 333
4 830
After tax
-810
8 236
8 167
8 670
Living cost
19 798
19 798
19 798
19 798
Free-cash
-20 608
-11 562
-11 631
-11 128

Estimated living cost  is ₽19798 per week

₽13249
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4871
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽40657
-₽31615
-₽28892
-₽47656
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
income
-
-
-
-
surtax
-
-
-
184
unemployment
-
-
-
5 726
chamber of commerce
-
-
-
53
health
-
-
-
1 033
pensions
-
-
-
2 498
total
-
-
-
9 494
Employee
46 660
37 207
37 207
-
other
466
372
94
-
unemployment
1 400
1 116
280
-
pensions
4 778
3 809
953
-
income
5 312
2 744
4 371
-
health
1 805
1 440
360
-
total
13 761
9 481
6 058
-
Employer
46 660
37 207
37 207
-
chamber of commerce
186
149
149
-
health
1 763
1 407
353
-
pensions
5 856
4 670
1 169
-
accident
606
484
112
-
unemployment
1 400
1 116
280
-
surtax
184
184
184
-
payroll
1 400
1 116
1 116
-
other
2 216
1 766
1 531
-
total
13 611
10 892
4 894
-
Corporate
3 544
3 544
5 063
-
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.

886
886
1 265
-
total
886
886
1 265
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
13 500
13 500
13 500
13 500
Total tax
28 258
21 259
12 217
9 494
After tax
-14 758
-7 759
1 283
4 006
Living cost
32 898
32 898
32 898
32 898
Free-cash
-47 656
-40 657
-31 615
-28 892

Estimated living cost  is ₽32898 per week

₽21942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2806
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26179
-₽27770
-₽28122
-₽72725
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
communal

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

-
-
-
514
social contributions
-
-
-
4 922
national
-
-
-
2 144
total
-
-
-
7 580
Employee

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

66 785
-
10 454
-
unemployment

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

581
-
90
-
communal

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

3 483
-
546
-
pensions

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

5 009
-
785
-
national
20 532
-
2 271
-
health

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

3 138
-
491
-
total
32 743
-
4 183
-
Employer

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

66 785
-
10 454
-
health

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

4 107
-
643
-
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.

5 918
-
927
-
accident

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

868
-
136
-
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.

974
-
152
-
surtax
7 573
-
1 187
-
total
19 440
-
3 045
-
Corporate
-
13 500
-
-
income
-
2 700
-
-
surtax
-
53
-
-
total
-
2 753
-
-
Dividends
-
10 747
-
-
withholding

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

-
2 884
-
-
total
-
2 884
-
-
Income
13 500
13 500
13 500
13 500
Total tax
52 183
5 637
7 228
7 580
After tax
-38 683
7 863
6 272
5 920
Living cost
34 042
34 042
34 042
34 042
Free-cash
-72 725
-26 179
-27 770
-28 122

Estimated living cost  is ₽34042 per week

₽21928
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2977
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8606
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24440
-₽32438
-₽27661
-₽47790
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
181
income
-
-
-
1 421
other
-
-
-
19
unemployment
-
-
-
140
pensions
-
-
-
5 682
total
-
-
-
7 443
Employee
46 475
-
3 560
-
other
46
-
32
-
unemployment
721
-
484
-
pensions
2 185
-
1 465
-
income
9 806
-
299
-
total
12 758
-
2 280
-
Employer
46 475
-
3 560
-
pensions
10 967
-
7 358
-
accident
920
-
617
-
unemployment
2 557
-
1 715
-
other
370
-
250
-
total
14 814
-
9 940
-
Corporate
-
13 500
-
-
income

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

-
2 025
-
-
total
-
2 025
-
-
Dividends
-
11 475
-
-
withholding
-
2 197
-
-
total
-
2 197
-
-
Income
13 500
13 500
13 500
13 500
Total tax
27 572
4 222
12 220
7 443
After tax
-14 072
9 278
1 280
6 057
Living cost
33 718
33 718
33 718
33 718
Free-cash
-47 790
-24 440
-32 438
-27 661

Estimated living cost  is ₽33718 per week

₽24830
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2392
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.
₽6010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽41501
-₽48264
-₽48263
-₽65652
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
communal
-
-
-
-
accident
-
-
-
400
income
-
-
-
-
surtax
-
-
-
186
health
-
-
-
3 331
pensions
-
-
-
7 108
total
-
-
-
11 025
Employee
70 705
-
8 190
-
pensions
5 656
-
3 554
-
surtax
4 334
-
186
-
income
6 829
-
-
-
health
3 147
-
1 977
-
total
19 966
-
5 717
-
Employer
70 705
-
8 190
-
health
2 156
-
1 355
-
pensions
5 656
-
3 554
-
accident
636
-
400
-
total
8 448
-
5 309
-
Corporate
-
13 500
-
-
communal
-
-
-
-
income
-
2 025
-
-
surtax
-
142
-
-
total
-
2 167
-
-
Dividends
-
11 333
-
-
income
-
397
-
-
withholding
-
1 699
-
-
total
-
2 096
-
-
Income
13 500
13 500
13 500
13 500
Total tax
28 414
4 263
11 026
11 025
After tax
-14 914
9 237
2 474
2 475
Living cost
50 738
50 738
50 738
50 738
Free-cash
-65 652
-41 501
-48 264
-48 263

Estimated living cost  is ₽50738 per week

₽38061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12480
-₽13879
-₽13269
-₽24563
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 926
other
-
-
-
-
surtax
-
-
-
-
unemployment
-
-
-
213
health
-
-
-
959
pensions
-
-
-
2 700
total
-
-
-
5 798
Employee
31 442
-
10 878
-
other
-
-
-
-
unemployment
2 188
-
866
-
pensions
2 098
-
831
-
surtax
112
-
-
-
income
5 271
-
1 772
-
health
803
-
317
-
total
10 472
-
3 786
-
Employer
31 442
-
10 878
-
health
1 430
-
567
-
pensions
4 192
-
1 660
-
unemployment
998
-
395
-
other
-
-
-
-
total
6 620
-
2 622
-
Corporate
-
13 500
-
-
income
-
3 510
-
-
total
-
3 510
-
-
Dividends
-
9 990
-
-
withholding
-
1 499
-
-
total
-
1 499
-
-
Income
13 500
13 500
13 500
13 500
Total tax
17 092
5 009
6 408
5 798
After tax
-3 592
8 491
7 092
7 702
Living cost
20 971
20 971
20 971
20 971
Free-cash
-24 563
-12 480
-13 879
-13 269

Estimated living cost  is ₽20971 per week

₽12661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6001
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18057
-₽22174
-₽20505
-₽38292
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
social contributions
-
-
-
7 236
regional
-
-
-
128
municipal
-
-
-
50
national
-
-
-
1 440
total
-
-
-
8 854
Employee
51 791
-
13 500
-
municipal
275
-
32
-
national
8 205
-
923
-
regional
697
-
82
-
social contributions
17 464
-
9 486
-
total
26 641
-
10 523
-
Employer
51 791
-
13 500
-
total
-
-
-
-
Corporate
-
13 500
-
-
municipal
-
672
-
-
nationa
-
3 241
-
-
total
-
3 913
-
-
Dividends
-
9 588
-
-
withholding
-
2 493
-
-
total
-
2 493
-
-
Income
13 500
13 500
13 500
13 500
Total tax
26 641
6 406
10 523
8 854
After tax
-13 141
7 094
2 977
4 646
Living cost
25 151
25 151
25 151
25 151
Free-cash
-38 292
-18 057
-22 174
-20 505

Estimated living cost  is ₽25151 per week

₽15641
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2548
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and 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 Naples model

Close
Prague , Czech Republic
-₽18819
-₽21264
-₽21538
-₽41900
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
income
-
-
-
1 160
social contributions
-
-
-
3 942
solidarity contribution
-
-
-
-
health
-
-
-
1 822
total
-
-
-
6 924
Employee
41 344
-
10 075
-
solidarity contribution
-
-
-
-
social contributions
2 687
-
655
-
income
4 961
-
1 209
-
health
5 581
-
1 360
-
total
13 229
-
3 224
-
Employer
41 344
-
10 075
-
health
3 721
-
907
-
social contributions
10 336
-
2 519
-
total
14 057
-
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
27 286
4 205
6 650
6 924
After tax
-13 786
9 295
6 850
6 576
Living cost
28 114
28 114
28 114
28 114
Free-cash
-41 900
-18 819
-21 264
-21 538

Estimated living cost  is ₽28114 per week

₽20907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5163
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽37362
-₽28367
-₽25597
-₽39944
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
income
-
-
-
-
surtax
-
-
-
-
unemployment
-
-
-
5 726
chamber of commerce
-
-
-
53
health
-
-
-
1 033
pensions
-
-
-
2 498
total
-
-
-
9 310
Employee
40 813
37 207
37 207
-
other
408
372
94
-
unemployment
1 224
1 116
280
-
pensions
4 180
3 809
953
-
income
3 636
2 744
4 371
-
health
1 579
1 440
360
-
total
11 027
9 481
6 058
-
Employer
40 813
37 207
37 207
-
chamber of commerce
163
149
149
-
health
1 543
1 407
353
-
pensions
5 122
4 670
1 169
-
accident
530
484
113
-
unemployment
1 224
1 116
280
-
surtax
-
-
-
-
payroll
1 224
1 116
1 116
-
other
1 938
1 766
1 531
-
total
11 744
10 708
4 711
-
Corporate
3 544
3 544
5 245
-
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.

886
886
1 311
-
total
886
886
1 311
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
13 500
13 500
13 500
13 500
Total tax
23 657
21 075
12 080
9 310
After tax
-10 157
-7 575
1 420
4 190
Living cost
29 787
29 787
29 787
29 787
Free-cash
-39 944
-37 362
-28 367
-25 597

Estimated living cost  is ₽29787 per week

₽17868
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3042
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8345
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1101
-₽924
₽1641
-₽1155
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 655
-
13 500
-
income
2 931
-
2 700
-
total
2 931
-
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
2 931
675
2 700
135
After tax
10 569
12 825
10 800
13 365
Living cost
11 724
11 724
11 724
11 724
Free-cash
-1 155
1 101
-924
1 641

Estimated living cost  is ₽11724 per week

₽7934
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2905
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15750
-₽17399
-₽16905
-₽34216
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
13 500
income
-
-
-
1 550
unemployment
-
-
-
19
health
-
-
-
1 327
pensions
-
-
-
2 466
total
-
-
-
5 362
Employee

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

41 286
-
11 679
-
unemployment
58
-
16
-
pensions
6 400
-
1 811
-
income
7 120
-
1 456
-
health
2 667
-
755
-
total
16 245
-
4 038
-
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.

41 286
-
11 679
-
health
2 750
-
778
-
pensions
3 653
-
1 033
-
unemployment
25
-
7
-
total
6 428
-
1 818
-
Corporate
-
13 500
-
-
income
-
2 566
-
-
total
-
2 566
-
-
Dividends
-
10 934
-
-
withholding
-
1 641
-
-
total
-
1 641
-
-
Income
13 500
13 500
13 500
13 500
Total tax
22 673
4 207
5 856
5 362
After tax
-9 173
9 293
7 644
8 138
Living cost
25 043
25 043
25 043
25 043
Free-cash
-34 216
-15 750
-17 399
-16 905

Estimated living cost  is ₽25043 per week

₽17186
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1605
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.
₽5767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31672
-₽38840
-₽30555
-₽124328
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
57 190
-
2 008
-
social contributions
4 690
-
668
-
income
12 615
-
295
-
total
17 305
-
963
-
Employer
57 190
-
2 008
-
social contributions
80 638
-
11 492
-
total
80 638
-
11 492
-
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
97 943
5 287
12 455
4 170
After tax
-84 443
8 213
1 045
9 330
Living cost
39 885
39 885
39 885
39 885
Free-cash
-124 328
-31 672
-38 840
-30 555

Estimated living cost  is ₽39885 per week

₽25879
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3751
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.
₽9747
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21606
-₽20984
-₽21266
-₽39640
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
4 692
total
-
-
-
5 480
Employee
42 941
-
10 910
-
surtax
-
-
-
-
social contributions
4 724
-
1 199
-
income
8 932
-
1 409
-
total
13 656
-
2 608
-
Employer
42 941
-
10 910
-
social contributions
10 198
-
2 590
-
total
10 198
-
2 590
-
Corporate
-
13 500
-
-
income
-
2 835
-
-
surtax
-
-
-
-
total
-
2 835
-
-
Dividends
-
10 665
-
-
withholding
-
2 985
-
-
total
-
2 985
-
-
Income
13 500
13 500
13 500
13 500
Total tax
23 854
5 820
5 198
5 480
After tax
-10 354
7 680
8 302
8 020
Living cost
29 286
29 286
29 286
29 286
Free-cash
-39 640
-21 606
-20 984
-21 266

Estimated living cost  is ₽29286 per week

₽21912
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
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.
₽5158
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽38288
-₽36260
-₽37624
-₽63238
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
income
-
-
-
-
other
-
-
-
418
surtax
-
-
-
-
social contributions
-
-
-
384
health
-
-
-
248
pensions
-
-
-
4 980
total
-
-
-
6 030
Employee
58 476
-
10 288
-
pensions
6 614
-
1 164
-
surtax
-
-
-
-
social contributions
1 665
-
294
-
income
5 102
-
-
-
total
13 381
-
1 458
-
Employer
58 476
-
10 288
-
health
4 093
-
719
-
pensions
9 608
-
1 689
-
unemployment
2 369
-
416
-
social contributions
175
-
30
-
other
2 018
-
354
-
total
18 263
-
3 208
-
Corporate
-
13 500
-
-
income
-
3 779
-
-
surtax
-
-
-
-
total
-
3 779
-
-
Dividends
-
9 721
-
-
surtax
-
-
-
-
social contributions
-
1 671
-
-
withholding
-
1 244
-
-
total
-
2 915
-
-
Income
13 500
13 500
13 500
13 500
Total tax
31 644
6 694
4 666
6 030
After tax
-18 144
6 806
8 834
7 470
Living cost
45 094
45 094
45 094
45 094
Free-cash
-63 238
-38 288
-36 260
-37 624

Estimated living cost  is ₽45094 per week

₽30519
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15915
-₽17138
-₽17535
-₽21169
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
income
-
-
-
-
social contributions
-
-
-
2 970
total
-
-
-
2 970
Employee
30 016
-
11 687
-
income
-
-
-
-
social contributions
1 951
-
760
-
total
1 951
-
760
-
Employer
30 016
-
11 687
-
social contributions
4 653
-
1 813
-
total
4 653
-
1 813
-
Corporate
-
13 500
-
-
income
-
1 350
-
-
total
-
1 350
-
-
Dividends
-
12 150
-
-
total
-
-
-
-
Income
13 500
13 500
13 500
13 500
Total tax
6 604
1 350
2 573
2 970
After tax
6 896
12 150
10 927
10 530
Living cost
28 065
28 065
28 065
28 065
Free-cash
-21 169
-15 915
-17 138
-17 535

Estimated living cost  is ₽28065 per week

₽18147
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2116
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.
₽7275
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽189933
-₽189933
-₽33620
-₽189933
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
labour market
-
-
-
1 015
municipal
-
-
-
115
national
-
-
-
214
pensions
-
-
-
809
total
-
-
-
2 153
Employee
189 796
189 796
189 796
-
municipal
40 416
40 416
40 416
-
labour market
15 162
15 162
15 162
-
pensions
270
270
270
-
national
23 187
23 187
23 187
-
total
79 035
79 035
79 035
-
Employer
189 796
189 796
189 796
-
national
23 227
23 227
23 227
-
labour market
15 184
15 184
15 184
-
pensions
540
540
540
-
municipal
40 480
40 480
40 480
-
total
79 431
79 431
79 431
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
13 500
13 500
13 500
13 500
Total tax
158 466
158 466
158 466
2 153
After tax
-144 966
-144 966
-144 966
11 347
Living cost
44 967
44 967
44 967
44 967
Free-cash
-189 933
-189 933
-189 933
-33 620

Estimated living cost  is ₽44967 per week

₽30776
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3978
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽692
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9522
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19439
-₽13404
-₽14855
-₽25382
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
239
income
-
-
-
1 225
other
-
-
-
351
health
-
-
-
2 066
pensions
-
-
-
3 941
total
-
-
-
7 822
Employee
32 300
-
11 215
-
pensions
3 637
-
1 263
-
income
4 431
-
1 539
-
health
3 699
-
1 284
-
total
11 767
-
4 086
-
Employer
32 300
-
11 215
-
pensions
5 252
-
1 823
-
accident
539
-
187
-
unemployment
791
-
275
-
total
6 582
-
2 285
-
Corporate
-
13 500
-
-
income

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

-
12 150
-
-
total
-
12 150
-
-
Dividends
-
1 350
-
-
withholding
-
256
-
-
total
-
256
-
-
Income
13 500
13 500
13 500
13 500
Total tax
18 349
12 406
6 371
7 822
After tax
-4 849
1 094
7 129
5 678
Living cost
20 533
20 533
20 533
20 533
Free-cash
-25 382
-19 439
-13 404
-14 855

Estimated living cost  is ₽20533 per week

₽14946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1171
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26503
-₽27300
-₽24776
-₽44889
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
13 500
health
-
-
-
-
municipal
-
-
-
2 431
national
-
-
-
-
total
-
-
-
2 431
Employee
49 121
-
11 358
-
municipal
8 046
-
1 876
-
unemployment
737
-
170
-
pensions
3 315
-
767
-
national
811
-
-
-
health
367
-
-
-
total
13 276
-
2 813
-
Employer
49 121
-
11 358
-
health
377
-
87
-
pensions
8 522
-
1 970
-
accident
50
-
11
-
unemployment
319
-
74
-
total
9 268
-
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
-
-
municipal
-
1 458
-
-
national
-
-
-
-
total
-
1 458
-
-
Income
13 500
13 500
13 500
13 500
Total tax
22 544
4 158
4 955
2 431
After tax
-9 044
9 342
8 545
11 069
Living cost
35 845
35 845
35 845
35 845
Free-cash
-44 889
-26 503
-27 300
-24 776

Estimated living cost  is ₽35845 per week

₽23414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3448
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8414
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29229
-₽21066
-₽14559
-₽22522
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 493
income
-
-
-
-
social contributions
-
-
-
5 537
health
-
-
-
905
total
-
-
-
6 442
Employee
71 793
71 793
71 793
-
social contributions
2 714
5 958
2 009
-
income
7 817
6 646
8 072
-
health
556
1 221
411
-
total
11 087
13 825
10 492
-
Employer
71 793
71 793
71 793
-
health
604
1 329
448
-
social contributions
2 714
5 958
2 009
-
total
3 318
7 287
2 457
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
13 500
13 500
13 500
13 500
Total tax
14 405
21 112
12 949
6 442
After tax
-905
-7 612
551
7 058
Living cost
21 617
21 617
21 617
21 617
Free-cash
-22 522
-29 229
-21 066
-14 559

Estimated living cost  is ₽21617 per week

₽12955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2121
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.
₽6063
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3645
-₽7617
-₽11043
-₽10135
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
374
unemployment
-
-
-
27
health
-
-
-
3 379
pensions
-
-
-
5 939
total
-
-
-
9 719
Employee

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

21 431
-
11 824
-
unemployment
106
-
82
-
pensions
3 214
-
2 440
-
income
1 465
-
712
-
health
1 821
-
1 382
-
total
6 606
-
4 616
-
Employer

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

21 431
-
11 824
-
health
921
-
700
-
pensions
1 178
-
895
-
unemployment
106
-
82
-
total
2 205
-
1 677
-
Corporate
-
13 500
-
-
income
-
1 215
-
-
total
-
1 215
-
-
Dividends
-
12 285
-
-
withholding
-
1 106
-
-
total
-
1 106
-
-
Income
13 500
13 500
13 500
13 500
Total tax
8 811
2 321
6 293
9 719
After tax
4 689
11 179
7 207
3 781
Living cost
14 824
14 824
14 824
14 824
Free-cash
-10 135
-3 645
-7 617
-11 043

Estimated living cost  is ₽14824 per week

₽9458
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1068
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16396
-₽24394
-₽19617
-₽32028
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
181
income
-
-
-
1 421
other
-
-
-
19
unemployment
-
-
-
140
pensions
-
-
-
5 682
total
-
-
-
7 443
Employee
34 523
-
3 560
-
other
34
-
32
-
unemployment
535
-
484
-
pensions
1 623
-
1 465
-
income
6 656
-
299
-
total
8 848
-
2 280
-
Employer
34 523
-
3 560
-
pensions
8 147
-
7 358
-
accident
684
-
617
-
unemployment
1 899
-
1 715
-
other
276
-
250
-
total
11 006
-
9 940
-
Corporate
-
13 500
-
-
income

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

-
2 025
-
-
total
-
2 025
-
-
Dividends
-
11 475
-
-
withholding
-
2 197
-
-
total
-
2 197
-
-
Income
13 500
13 500
13 500
13 500
Total tax
19 854
4 222
12 220
7 443
After tax
-6 354
9 278
1 280
6 057
Living cost
25 674
25 674
25 674
25 674
Free-cash
-32 028
-16 396
-24 394
-19 617

Estimated living cost  is ₽25674 per week

₽17330
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6533
₽5638
₽5774
₽6221
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
income
-
-
-
3 456
health
-
-
-
1 000
pensions
-
-
-
1 379
total
-
-
-
5 835
Employee
2 880
-
11 948
-
unemployment
29
-
69
-
pensions
259
-
621
-
income
557
-
3 384
-
health
144
-
345
-
total
989
-
4 419
-
Employer
2 880
-
11 948
-
health
274
-
655
-
pensions
317
-
759
-
unemployment
58
-
138
-
total
649
-
1 552
-
Corporate
9 972
13 500
-
-
income
2 194
2 970
-
-
total
2 194
2 970
-
-
Dividends
7 778
10 530
-
-
withholding
1 556
2 106
-
-
total
1 556
2 106
-
-
Income
13 500
13 500
13 500
13 500
Total tax
5 388
5 076
5 971
5 835
After tax
8 112
8 424
7 529
7 665
Living cost
1 891
1 891
1 891
1 891
Free-cash
6 221
6 533
5 638
5 774

Estimated living cost  is ₽1891 per week

₽1124
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽153
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽571
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6393
-₽7749
-₽8329
-₽15208
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
580
unemployment
-
-
-
202
health
-
-
-
1 390
pensions
-
-
-
3 510
total
-
-
-
5 682
Employee

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

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

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

24 348
-
11 450
-
unemployment
183
-
86
-
pensions
3 409
-
1 603
-
income
3 356
-
773
-
health
1 254
-
590
-
total
8 202
-
3 052
-
Employer

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

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

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

24 348
-
11 450
-
health
1 254
-
590
-
pensions
2 922
-
1 374
-
unemployment
183
-
86
-
total
4 359
-
2 050
-
Corporate
-
13 500
-
-
income
-
2 025
-
-
total
-
2 025
-
-
Dividends
-
11 475
-
-
withholding
-
1 721
-
-
total
-
1 721
-
-
Income
13 500
13 500
13 500
13 500
Total tax
12 561
3 746
5 102
5 682
After tax
939
9 754
8 398
7 818
Living cost
16 147
16 147
16 147
16 147
Free-cash
-15 208
-6 393
-7 749
-8 329

Estimated living cost  is ₽16147 per week

₽10871
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1249
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3559
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17491
-₽16869
-₽17151
-₽31345
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
4 692
total
-
-
-
5 480
Employee
36 237
-
10 910
-
surtax
-
-
-
-
social contributions
3 987
-
1 199
-
income
7 081
-
1 409
-
total
11 068
-
2 608
-
Employer
36 237
-
10 910
-
social contributions
8 606
-
2 590
-
total
8 606
-
2 590
-
Corporate
-
13 500
-
-
income
-
2 835
-
-
surtax
-
-
-
-
total
-
2 835
-
-
Dividends
-
10 665
-
-
withholding
-
2 985
-
-
total
-
2 985
-
-
Income
13 500
13 500
13 500
13 500
Total tax
19 674
5 820
5 198
5 480
After tax
-6 174
7 680
8 302
8 020
Living cost
25 171
25 171
25 171
25 171
Free-cash
-31 345
-17 491
-16 869
-17 151

Estimated living cost  is ₽25171 per week

₽17828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23535
-₽31533
-₽26756
-₽45967
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
181
income
-
-
-
1 421
other
-
-
-
19
unemployment
-
-
-
140
pensions
-
-
-
5 682
total
-
-
-
7 443
Employee
45 091
-
3 560
-
other
44
-
32
-
unemployment
698
-
484
-
pensions
2 119
-
1 465
-
income
9 418
-
299
-
total
12 279
-
2 280
-
Employer
45 091
-
3 560
-
pensions
10 641
-
7 358
-
accident
893
-
617
-
unemployment
2 480
-
1 715
-
other
361
-
250
-
total
14 375
-
9 940
-
Corporate
-
13 500
-
-
income

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

-
2 025
-
-
total
-
2 025
-
-
Dividends
-
11 475
-
-
withholding
-
2 197
-
-
total
-
2 197
-
-
Income
13 500
13 500
13 500
13 500
Total tax
26 654
4 222
12 220
7 443
After tax
-13 154
9 278
1 280
6 057
Living cost
32 813
32 813
32 813
32 813
Free-cash
-45 967
-23 535
-31 533
-26 756

Estimated living cost  is ₽32813 per week

₽23565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2551
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4521
-₽7539
-₽8193
-₽11946
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
income
-
-
-
2 025
unemployment
-
-
-
54
health
-
-
-
1 552
pensions

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

-
-
-
1 998
total
-
-
-
5 629
Employee
21 272
-
11 285
-
accident

We are using the highest rate at 1.1%.

234
-
124
-
pensions

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

1 867
-
990
-
income
2 128
-
1 128
-
health
979
-
519
-
total
5 208
-
2 761
-
Employer
21 272
-
11 285
-
health
1 468
-
779
-
pensions

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

2 344
-
1 243
-
accident

We are using the highest rate at 1.1%.

234
-
124
-
unemployment
128
-
68
-
total
4 174
-
2 214
-
Corporate
-
13 500
-
-
income
-
1 350
-
-
total
-
1 350
-
-
Dividends
-
12 150
-
-
withholding
-
607
-
-
total
-
607
-
-
Income
13 500
13 500
13 500
13 500
Total tax
9 382
1 957
4 975
5 629
After tax
4 118
11 543
8 525
7 871
Living cost
16 064
16 064
16 064
16 064
Free-cash
-11 946
-4 521
-7 539
-8 193

Estimated living cost  is ₽16064 per week

₽10625
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4137
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28850
-₽28924
-₽28924
-₽32955
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
13 500
income

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

-
-
-
-
surtax

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

-
-
-
-
health

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

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

-
-
-
6 378
trade
-
-
-
-
total
-
-
-
6 378
Employee

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

46 455
-
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.

211
-
-
-
income

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

3 820
-
-
-
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.

6 378
-
6 378
-
total
10 409
-
6 378
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
13 500
-
-
income
-
2 025
-
-
surtax

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

-
112
-
-
chamber of commerce
-
161
-
-
trade
-
1 937
-
-
total
-
4 235
-
-
Dividends
-
9 265
-
-
surtax

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

-
108
-
-
withholding
-
1 961
-
-
total
-
2 069
-
-
Income
13 500
13 500
13 500
13 500
Total tax
10 409
6 304
6 378
6 378
After tax
3 091
7 196
7 122
7 122
Living cost
36 046
36 046
36 046
36 046
Free-cash
-32 955
-28 850
-28 924
-28 924

Estimated living cost  is ₽36046 per week

₽24865
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6779
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽43734
-₽39685
-₽39685
-₽59533
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-186
social contributions
-
-
-
186
total
-
-
-
-
Employee
73 032
-
13 500
-
income
13 781
-
-186
-
social contributions
6 067
-
186
-
total
19 848
-
-
-
Employer
73 032
-
13 500
-
total
-
-
-
-
Corporate
-
13 500
-
-
income
-
1 687
-
-
total
-
1 687
-
-
Dividends
-
11 813
-
-
withholding
-
2 362
-
-
total
-
2 362
-
-
Income
13 500
13 500
13 500
13 500
Total tax
19 848
4 049
-
-
After tax
-6 348
9 451
13 500
13 500
Living cost
53 185
53 185
53 185
53 185
Free-cash
-59 533
-43 734
-39 685
-39 685

Estimated living cost  is ₽53185 per week

₽40462
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4334
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7881
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27904
-₽23638
-₽52626
-₽36408
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 577
health

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

-
-
-
5 657
total
-
-
-
32 234
Employee
42 830
-
11 877
-
income
4 647
-
-
-
social contributions
4 291
-
1 623
-
total
8 938
-
1 623
-
Employer
42 830
-
11 877
-
social contributions
4 291
-
1 623
-
total
4 291
-
1 623
-
Corporate
-
13 500
-
-
income
-
4 725
-
-
total
-
4 725
-
-
Dividends
-
8 775
-
-
social contributions
2 787
2 787
-
-
total
2 787
2 787
-
-
Income
13 500
13 500
13 500
13 500
Total tax
16 016
7 512
3 246
32 234
After tax
-2 516
5 988
10 254
-18 734
Living cost
33 892
33 892
33 892
33 892
Free-cash
-36 408
-27 904
-23 638
-52 626

Estimated living cost  is ₽33892 per week

₽22324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2672
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.
₽8375
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24718
-₽24274
-₽24278
-₽40053
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
income
-
-
-
2 639
pensions
-
-
-
306
total
-
-
-
2 945
Employee
47 813
-
13 196
-
pensions
3 649
-
-
-
income
8 707
-
2 639
-
health
624
-
-
-
total
12 980
-
2 639
-
Employer
47 813
-
13 196
-
health
909
-
250
-
pensions
4 831
-
52
-
total
5 740
-
302
-
Corporate
-
13 500
-
-
income

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

-
2 565
-
-
total
-
2 565
-
-
Dividends
-
10 935
-
-
withholding
-
820
-
-
total
-
820
-
-
Income
13 500
13 500
13 500
13 500
Total tax
18 720
3 385
2 941
2 945
After tax
-5 220
10 115
10 559
10 555
Living cost
34 833
34 833
34 833
34 833
Free-cash
-40 053
-24 718
-24 274
-24 278

Estimated living cost  is ₽34833 per week

₽23895
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3203
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7297
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽21472
-₽15437
-₽16888
-₽29232
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
239
income
-
-
-
1 225
other
-
-
-
351
health
-
-
-
2 066
pensions
-
-
-
3 941
total
-
-
-
7 822
Employee
35 497
-
11 215
-
pensions
3 997
-
1 263
-
income
4 870
-
1 539
-
health
4 064
-
1 284
-
total
12 931
-
4 086
-
Employer
35 497
-
11 215
-
pensions
5 772
-
1 823
-
accident
593
-
187
-
unemployment
870
-
275
-
total
7 235
-
2 285
-
Corporate
-
13 500
-
-
income

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

-
12 150
-
-
total
-
12 150
-
-
Dividends
-
1 350
-
-
withholding
-
256
-
-
total
-
256
-
-
Income
13 500
13 500
13 500
13 500
Total tax
20 166
12 406
6 371
7 822
After tax
-6 666
1 094
7 129
5 678
Living cost
22 566
22 566
22 566
22 566
Free-cash
-29 232
-21 472
-15 437
-16 888

Estimated living cost  is ₽22566 per week

₽16561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1138
-₽4175
-₽4175
-₽6680
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
13 500
income
-
-
-
1 350
unemployment
-
-
-
162
work injury
-
-
-
67
health insurance
-
-
-
999
pensions
-
-
-
2 484
total
-
-
-
5 062
Employee

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

20 181
-
13 500
-
health insurance
1 493
-
999
-
unemployment
242
-
162
-
work injury
101
-
67
-
pensions
3 713
-
2 484
-
income
2 018
-
1 350
-
total
7 567
-
5 062
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
13 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
-
13 500
-
-
withholding
-
2 025
-
-
total
-
2 025
-
-
Income
13 500
13 500
13 500
13 500
Total tax
7 567
2 025
5 062
5 062
After tax
5 933
11 475
8 438
8 438
Living cost
12 613
12 613
12 613
12 613
Free-cash
-6 680
-1 138
-4 175
-4 175

Estimated living cost  is ₽12613 per week

₽7814
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽917
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30083
-₽34207
-₽32535
-₽65176
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
13 500
social contributions
-
-
-
7 236
regional
-
-
-
108
municipal
-
-
-
57
national
-
-
-
1 440
total
-
-
-
8 841
Employee
78 675
-
13 500
-
municipal
470
-
35
-
national
13 295
-
923
-
regional
1 188
-
69
-
social contributions
26 529
-
9 486
-
total
41 482
-
10 513
-
Employer
78 675
-
13 500
-
total
-
-
-
-
Corporate
-
13 500
-
-
municipal
-
650
-
-
nationa
-
3 241
-
-
total
-
3 891
-
-
Dividends
-
9 609
-
-
withholding
-
2 498
-
-
total
-
2 498
-
-
Income
13 500
13 500
13 500
13 500
Total tax
41 482
6 389
10 513
8 841
After tax
-27 982
7 111
2 987
4 659
Living cost
37 194
37 194
37 194
37 194
Free-cash
-65 176
-30 083
-34 207
-32 535

Estimated living cost  is ₽37194 per week

₽26127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2558
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7946
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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