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
₽ 14000
per

Your estimated
City
free-cash

Dresden , Germany
-₽21309
-₽21499
-₽21309
-₽22381
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
14 000
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.

-
-
-
6 498
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.

-
-
-
-
trade
-
-
-
-
total
-
-
-
6 498
Employee

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

36 381
-
14 000
-
surtax

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

56
-
-
-
income

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

1 016
-
-
-
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.

6 498
-
6 498
-
total
7 570
-
6 498
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
14 000
-
-
chamber of commerce
-
164
-
-
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.

-
116
-
-
trade
-
2 206
-
-
income
-
2 099
-
-
total
-
4 585
-
-
Dividends
-
9 415
-
-
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.

-
110
-
-
withholding
-
1 993
-
-
total
-
2 103
-
-
Income
14 000
14 000
14 000
14 000
Total tax
7 570
6 688
6 498
6 498
After tax
6 430
7 312
7 502
7 502
Living cost
28 811
28 811
28 811
28 811
Free-cash
-22 381
-21 499
-21 309
-21 309

Estimated living cost  is ₽28811 per week

₽18123
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3359
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽38821
-₽41344
-₽38930
-₽70679
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
14 000
social contributions
-
-
-
150
pensions
-
-
-
1 680
national
-
-
-
620
municipal
-
-
-
400
total
-
-
-
2 850
Employee
77 633
-
12 103
-
municipal
9 589
-
455
-
national
14 859
-
704
-
pensions
3 105
-
484
-
total
27 553
-
1 643
-
Employer
77 633
-
12 103
-
pensions
6 211
-
968
-
social contributions
835
-
130
-
total
7 046
-
1 098
-
Corporate
-
14 000
-
-
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%.

-
2 800
-
-
total
-
2 800
-
-
Dividends
-
11 200
-
-
withholding
-
2 464
-
-
total
-
2 464
-
-
Income
14 000
14 000
14 000
14 000
Total tax
34 599
5 264
2 741
2 850
After tax
-20 599
8 736
11 259
11 150
Living cost
50 080
50 080
50 080
50 080
Free-cash
-70 679
-41 344
-38 821
-38 930

Estimated living cost  is ₽50080 per week

₽34039
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4655
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽750
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10636
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11756
-₽8589
-₽10883
-₽20490
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
14 000
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.

-
-
-
2 995
income
-
-
-
-
surtax
-
-
-
-
microenterprise
-
-
-
2 099
total
-
-
-
5 094
Employee
27 794
-
11 282
-
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.

3 058
-
1 240
-
income
4 948
-
2 009
-
total
8 006
-
3 249
-
Employer
27 794
-
11 282
-
surtax
-
-
-
-
social contributions

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

6 695
-
2 718
-
total
6 695
-
2 718
-
Corporate
-
14 000
-
-
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%.

-
2 800
-
-
total
-
2 800
-
-
Dividends

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

-
11 200
-
-
total
-
-
-
-
Income
14 000
14 000
14 000
14 000
Total tax
14 701
2 800
5 967
5 094
After tax
-701
11 200
8 033
8 906
Living cost
19 789
19 789
19 789
19 789
Free-cash
-20 490
-8 589
-11 756
-10 883

Estimated living cost  is ₽19789 per week

₽12625
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1884
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.
₽4830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽80455
-₽75116
-₽31775
-₽80455
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
14 000
health
-
-
-
2 148
income
-
-
-
1 260
pensions
-
-
-
2 520
total
-
-
-
5 928
Employee
81 228
81 228
81 228
-
income

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

13 296
13 296
13 296
-
pensions
14 621
11 145
14 621
-
health
12 468
10 605
12 468
-
total
40 385
35 046
40 385
-
Employer
81 228
81 228
81 228
-
unemployment
2 924
2 924
2 924
-
health
5 646
5 646
5 646
-
pensions
5 653
5 653
5 653
-
total
14 223
14 223
14 223
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
14 000
14 000
14 000
14 000
Total tax
54 608
49 269
54 608
5 928
After tax
-40 608
-35 269
-40 608
8 072
Living cost
39 847
39 847
39 847
39 847
Free-cash
-80 455
-75 116
-80 455
-31 775

Estimated living cost  is ₽39847 per week

₽28239
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3592
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽634
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7383
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31656
-₽31488
-₽32153
-₽59278
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
14 000
other
-
-
-
1 627
health
-
-
-
874
accident
-
-
-
28
pensions
-
-
-
1 513
national
-
-
-
-
unemployment
-
-
-
14
municipal
-
-
-
2 965
total
-
-
-
7 021
Employee
55 759
-
10 653
-
municipal
16 627
-
3 177
-
national
-
-
-
-
total
16 627
-
3 177
-
Employer
55 759
-
10 653
-
other
6 479
-
1 238
-
unemployment
1 472
-
281
-
health
3 429
-
655
-
accident
112
-
21
-
pensions
6 027
-
1 152
-
total
17 519
-
3 347
-
Corporate
-
14 000
-
-
income
-
3 080
-
-
total
-
3 080
-
-
Dividends
-
10 920
-
-
withholding
-
3 276
-
-
total
-
3 276
-
-
Income
14 000
14 000
14 000
14 000
Total tax
34 146
6 356
6 524
7 021
After tax
-20 146
7 644
7 476
6 979
Living cost
39 132
39 132
39 132
39 132
Free-cash
-59 278
-31 488
-31 656
-32 153

Estimated living cost  is ₽39132 per week

₽25935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3840
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.
₽8763
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29865
-₽30125
-₽29865
-₽34236
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
14 000
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.

-
-
-
6 498
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.

-
-
-
-
trade
-
-
-
-
total
-
-
-
6 498
Employee

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

48 237
-
14 000
-
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.

227
-
-
-
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.

4 144
-
-
-
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.

6 498
-
6 498
-
total
10 869
-
6 498
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
14 000
-
-
chamber of commerce
-
164
-
-
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.

-
116
-
-
trade
-
2 303
-
-
income
-
2 099
-
-
total
-
4 682
-
-
Dividends
-
9 318
-
-
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
-
1 968
-
-
total
-
2 076
-
-
Income
14 000
14 000
14 000
14 000
Total tax
10 869
6 758
6 498
6 498
After tax
3 131
7 242
7 502
7 502
Living cost
37 367
37 367
37 367
37 367
Free-cash
-34 236
-30 125
-29 865
-29 865

Estimated living cost  is ₽37367 per week

₽24991
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30046
-₽38361
-₽23415
-₽33160
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 160
social contributions
-
-
-
5 641
health
-
-
-
922
income
-
-
-
-
total
-
-
-
6 563
Employee
73 142
73 142
73 142
-
social contributions
3 554
6 070
2 047
-
income
7 681
6 771
8 224
-
health
727
1 244
419
-
total
11 962
14 085
10 690
-
Employer
73 142
73 142
73 142
-
health
792
1 354
457
-
social contributions
3 554
6 070
2 047
-
total
4 346
7 424
2 504
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
14 000
14 000
14 000
14 000
Total tax
16 308
21 509
13 194
6 563
After tax
-2 308
-7 509
806
7 437
Living cost
30 852
30 852
30 852
30 852
Free-cash
-33 160
-38 361
-30 046
-23 415

Estimated living cost  is ₽30852 per week

₽21090
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2410
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9323
-₽9262
-₽7740
-₽16080
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
14 000
health
-
-
-
980
income
-
-
-
1 712
pensions
-
-
-
1 400
unemployment
-
-
-
210
total
-
-
-
4 302
Employee

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

The minimum wage is 138,000 HUF per month.

25 172
10 018
11 715
-
income
3 077
1 225
1 432
-
pensions
2 517
1 002
1 172
-
health
1 762
701
820
-
unemployment
378
150
176
-
total
7 734
3 078
3 600
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 172
10 018
11 715
-
pensions
4 908
1 954
2 285
-
total
4 908
1 954
2 285
-
Corporate
-
2 029
-
-
income
-
183
-
-
total
-
183
-
-
Dividends
-
1 846
-
-
social contributions
-
258
-
-
withholding
-
351
-
-
total
-
609
-
-
Income
14 000
14 000
14 000
14 000
Total tax
12 642
5 824
5 885
4 302
After tax
1 358
8 176
8 115
9 698
Living cost
17 438
17 438
17 438
17 438
Free-cash
-16 080
-9 262
-9 323
-7 740

Estimated living cost  is ₽17438 per week

₽11900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽348
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3763
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13026
-₽11775
-₽13595
-₽22105
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
14 000
health
-
-
-
1 820
income
-
-
-
-
pensions
-
-
-
2 800
total
-
-
-
4 620
Employee
26 984
-
10 339
-
income
3 038
-
-
-
pensions
540
-
217
-
unemployment
431
-
173
-
total
4 009
-
390
-
Employer
26 984
-
10 339
-
unemployment
217
-
87
-
health
3 507
-
1 408
-
pensions
5 397
-
2 166
-
total
9 121
-
3 661
-
Corporate
-
14 000
-
-
income
-
2 800
-
-
total
-
2 800
-
-
Dividends
-
11 200
-
-
total
-
-
-
-
Income
14 000
14 000
14 000
14 000
Total tax
13 130
2 800
4 051
4 620
After tax
870
11 200
9 949
9 380
Living cost
22 975
22 975
22 975
22 975
Free-cash
-22 105
-11 775
-13 026
-13 595

Estimated living cost  is ₽22975 per week

₽15758
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.
₽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.
₽5386
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13571
-₽19832
-₽14910
-₽25703
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
14 000
other
-
-
-
353
health
-
-
-
2 078
accident
-
-
-
241
income
-
-
-
1 307
pensions
-
-
-
3 965
total
-
-
-
7 944
Employee
32 980
-
11 630
-
income
4 525
-
1 595
-
pensions
3 714
-
1 309
-
health
3 776
-
1 331
-
total
12 015
-
4 235
-
Employer
32 980
-
11 630
-
unemployment
808
-
285
-
accident
551
-
194
-
pensions
5 363
-
1 891
-
total
6 722
-
2 370
-
Corporate
-
14 000
-
-
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.

-
12 600
-
-
total
-
12 600
-
-
Dividends
-
1 400
-
-
withholding
-
266
-
-
total
-
266
-
-
Income
14 000
14 000
14 000
14 000
Total tax
18 737
12 866
6 605
7 944
After tax
-4 737
1 134
7 395
6 056
Living cost
20 966
20 966
20 966
20 966
Free-cash
-25 703
-19 832
-13 571
-14 910

Estimated living cost  is ₽20966 per week

₽15366
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4001
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽3264
₽5364
₽5924
₽3876
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
14 000
microenterprise

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

-
-
-
140
total
-
-
-
140
Employee
9 920
-
14 000
-
income
1 984
-
2 800
-
total
1 984
-
2 800
-
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%.

4 080
14 000
-
-
total
-
-
-
-
Dividends
4 080
14 000
-
-
withholding
204
700
-
-
total
204
700
-
-
Income
14 000
14 000
14 000
14 000
Total tax
2 188
700
2 800
140
After tax
11 812
13 300
11 200
13 860
Living cost
7 936
7 936
7 936
7 936
Free-cash
3 876
5 364
3 264
5 924

Estimated living cost  is ₽7936 per week

₽4918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽660
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽218
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17139
-₽15059
-₽17762
-₽29241
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
14 000
other
-
-
-
664
health
-
-
-
616
income
-
-
-
1 778
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.

-
-
-
3 359
total
-
-
-
6 417
Employee
34 537
-
11 182
-
income
5 946
-
1 924
-
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.

2 417
-
783
-
health
484
-
157
-
unemployment
345
-
112
-
total
9 192
-
2 976
-
Employer
34 537
-
11 182
-
other
1 727
-
558
-
unemployment
345
-
112
-
health
484
-
157
-
accident
276
-
90
-
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.

5 872
-
1 901
-
total
8 704
-
2 818
-
Corporate
-
14 000
-
-
income
-
2 940
-
-
total
-
2 940
-
-
Dividends
-
11 060
-
-
withholding
-
774
-
-
total
-
774
-
-
Income
14 000
14 000
14 000
14 000
Total tax
17 896
3 714
5 794
6 417
After tax
-3 896
10 286
8 206
7 583
Living cost
25 345
25 345
25 345
25 345
Free-cash
-29 241
-15 059
-17 139
-17 762

Estimated living cost  is ₽25345 per week

₽17908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5318
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽52349
-₽52774
-₽52309
-₽87777
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
14 000
income
-
-
-
2 737
pensions
-
-
-
308
total
-
-
-
3 045
Employee
89 509
-
13 644
-
income
16 135
-
2 729
-
health
1 475
-
-
-
pensions
8 635
-
-
-
total
26 245
-
2 729
-
Employer
89 509
-
13 644
-
health
1 700
-
258
-
pensions
10 568
-
98
-
total
12 268
-
356
-
Corporate
-
14 000
-
-
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.

-
2 660
-
-
total
-
2 660
-
-
Dividends
-
11 340
-
-
withholding
-
850
-
-
total
-
850
-
-
Income
14 000
14 000
14 000
14 000
Total tax
38 513
3 510
3 085
3 045
After tax
-24 513
10 490
10 915
10 955
Living cost
63 264
63 264
63 264
63 264
Free-cash
-87 777
-52 774
-52 349
-52 309

Estimated living cost  is ₽63264 per week

₽47405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7433
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7912
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽3521
-₽389
-₽4198
-₽5577
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
14 000
health
-
-
-
1 611
income
-
-
-
2 100
pensions

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

-
-
-
2 072
unemployment
-
-
-
56
total
-
-
-
5 839
Employee
16 365
-
11 703
-
income
1 636
-
1 171
-
accident

We are using the highest rate at 1.1%.

180
-
129
-
pensions

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

1 437
-
1 027
-
health
753
-
538
-
total
4 006
-
2 865
-
Employer
16 365
-
11 703
-
unemployment
98
-
70
-
health
1 130
-
808
-
accident

We are using the highest rate at 1.1%.

180
-
129
-
pensions

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

1 804
-
1 290
-
total
3 212
-
2 297
-
Corporate
-
14 000
-
-
income
-
1 400
-
-
total
-
1 400
-
-
Dividends
-
12 600
-
-
withholding
-
630
-
-
total
-
630
-
-
Income
14 000
14 000
14 000
14 000
Total tax
7 218
2 030
5 162
5 839
After tax
6 782
11 970
8 838
8 161
Living cost
12 359
12 359
12 359
12 359
Free-cash
-5 577
-389
-3 521
-4 198

Estimated living cost  is ₽12359 per week

₽7215
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽327
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3934
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽93353
-₽88014
-₽44673
-₽89628
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
14 000
health
-
-
-
2 148
income
-
-
-
1 260
pensions
-
-
-
2 520
total
-
-
-
5 928
Employee
88 188
81 228
81 228
-
income

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

13 296
13 296
13 296
-
pensions
11 145
11 145
14 621
-
health
11 002
10 605
12 468
-
total
35 443
35 046
40 385
-
Employer
88 188
81 228
81 228
-
unemployment
3 175
2 924
2 924
-
health
6 128
5 646
5 646
-
pensions
6 137
5 653
5 653
-
total
15 440
14 223
14 223
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
14 000
14 000
14 000
14 000
Total tax
50 883
49 269
54 608
5 928
After tax
-36 883
-35 269
-40 608
8 072
Living cost
52 745
52 745
52 745
52 745
Free-cash
-89 628
-88 014
-93 353
-44 673

Estimated living cost  is ₽52745 per week

₽38908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8522
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16262
-₽13728
-₽16548
-₽32048
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
14 000
social contributions
-
-
-
4 088
health
-
-
-
1 890
income
-
-
-
1 203
solidarity contribution
-
-
-
-
total
-
-
-
7 181
Employee
34 363
-
10 448
-
social contributions
2 234
-
679
-
solidarity contribution
-
-
-
-
income
4 124
-
1 254
-
health
4 639
-
1 410
-
total
10 997
-
3 343
-
Employer
34 363
-
10 448
-
health
3 093
-
940
-
social contributions
8 591
-
2 612
-
total
11 684
-
3 552
-
Corporate
-
14 000
-
-
income
-
2 660
-
-
total
-
2 660
-
-
Dividends
-
11 340
-
-
withholding
-
1 701
-
-
total
-
1 701
-
-
Income
14 000
14 000
14 000
14 000
Total tax
22 681
4 361
6 895
7 181
After tax
-8 681
9 639
7 105
6 819
Living cost
23 367
23 367
23 367
23 367
Free-cash
-32 048
-13 728
-16 262
-16 548

Estimated living cost  is ₽23367 per week

₽16231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5014
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽36885
-₽32666
-₽35167
-₽70537
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
14 000
social contributions
-
-
-
7 372
national
-
-
-
1 525
regional
-
-
-
81
municipal
-
-
-
52
total
-
-
-
9 030
Employee
84 536
-
14 000
-
social contributions
28 506
-
9 664
-
municipal
448
-
34
-
national
14 648
-
996
-
regional
798
-
54
-
total
44 400
-
10 748
-
Employer
84 536
-
14 000
-
total
-
-
-
-
Corporate
-
14 000
-
-
nationa
-
3 359
-
-
municipal
-
545
-
-
total
-
3 904
-
-
Dividends
-
10 096
-
-
withholding
-
2 625
-
-
total
-
2 625
-
-
Income
14 000
14 000
14 000
14 000
Total tax
44 400
6 529
10 748
9 030
After tax
-30 400
7 471
3 252
4 970
Living cost
40 137
40 137
40 137
40 137
Free-cash
-70 537
-32 666
-36 885
-35 167

Estimated living cost  is ₽40137 per week

₽27979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2632
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽616
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8910
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13571
-₽12185
-₽12998
-₽24076
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
14 000
other
-
-
-
-
health
-
-
-
993
income
-
-
-
1 998
pensions
-
-
-
2 800
surtax
-
-
-
-
unemployment
-
-
-
217
total
-
-
-
6 008
Employee
31 455
-
11 328
-
surtax
103
-
-
-
income
5 273
-
1 856
-
other
-
-
-
-
pensions
2 097
-
847
-
health
803
-
323
-
unemployment
2 190
-
883
-
total
10 466
-
3 909
-
Employer
31 455
-
11 328
-
other
-
-
-
-
unemployment
996
-
403
-
health
1 431
-
578
-
pensions
4 193
-
1 691
-
total
6 620
-
2 672
-
Corporate
-
14 000
-
-
income
-
3 641
-
-
total
-
3 641
-
-
Dividends
-
10 359
-
-
withholding
-
1 554
-
-
total
-
1 554
-
-
Income
14 000
14 000
14 000
14 000
Total tax
17 086
5 195
6 581
6 008
After tax
-3 086
8 805
7 419
7 992
Living cost
20 990
20 990
20 990
20 990
Free-cash
-24 076
-12 185
-13 571
-12 998

Estimated living cost  is ₽20990 per week

₽12834
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1937
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽32305
-₽32730
-₽32265
-₽53621
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
14 000
income
-
-
-
2 737
pensions
-
-
-
308
total
-
-
-
3 045
Employee
59 987
-
13 644
-
income
10 804
-
2 729
-
health
871
-
-
-
pensions
5 092
-
-
-
total
16 767
-
2 729
-
Employer
59 987
-
13 644
-
health
1 140
-
258
-
pensions
6 494
-
98
-
total
7 634
-
356
-
Corporate
-
14 000
-
-
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.

-
2 660
-
-
total
-
2 660
-
-
Dividends
-
11 340
-
-
withholding
-
850
-
-
total
-
850
-
-
Income
14 000
14 000
14 000
14 000
Total tax
24 401
3 510
3 085
3 045
After tax
-10 401
10 490
10 915
10 955
Living cost
43 220
43 220
43 220
43 220
Free-cash
-53 621
-32 730
-32 305
-32 265

Estimated living cost  is ₽43220 per week

₽32380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽67463
-₽70164
-₽64528
-₽84138
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
14 000
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.

-
-
-
279
health
-
-
-
250
pensions
-
-
-
1 288
city
-
-
-
146
national
-
-
-
-
regional
-
-
-
-
total
-
-
-
1 963
Employee
89 601
-
11 365
-
national
424
-
-
-
city
962
-
106
-
pensions
7 528
-
2 256
-
health
203
-
26
-
regional
2 934
-
-
-
unemployment
-
-
-
-
total
12 051
-
2 388
-
Employer
89 601
-
11 365
-
other

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

1 791
-
228
-
unemployment
-
-
-
-
health
203
-
26
-
pensions
7 528
-
2 256
-
total
9 522
-
2 510
-
Corporate
-
14 000
-
-
regional
-
2 962
-
-
national
-
1 190
-
-
total
-
4 152
-
-
Dividends
-
9 849
-
-
withholding
-
3 447
-
-
total
-
3 447
-
-
Income
14 000
14 000
14 000
14 000
Total tax
21 573
7 599
4 898
1 963
After tax
-7 573
6 401
9 102
12 037
Living cost
76 565
76 565
76 565
76 565
Free-cash
-84 138
-70 164
-67 463
-64 528

Estimated living cost  is ₽76565 per week

₽49789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6871
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽940
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18965
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽36073
-₽36405
-₽36073
-₽43165
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
14 000
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.

-
-
-
6 498
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.

-
-
-
-
trade
-
-
-
-
total
-
-
-
6 498
Employee

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

57 165
-
14 000
-
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.

370
-
-
-
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.

6 722
-
-
-
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.

6 498
-
6 498
-
total
13 590
-
6 498
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
14 000
-
-
chamber of commerce
-
164
-
-
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.

-
116
-
-
trade
-
2 401
-
-
income
-
2 099
-
-
total
-
4 780
-
-
Dividends
-
9 220
-
-
surtax

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

-
106
-
-
withholding
-
1 944
-
-
total
-
2 050
-
-
Income
14 000
14 000
14 000
14 000
Total tax
13 590
6 830
6 498
6 498
After tax
410
7 170
7 502
7 502
Living cost
43 575
43 575
43 575
43 575
Free-cash
-43 165
-36 405
-36 073
-36 073

Estimated living cost  is ₽43575 per week

₽31825
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3486
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7699
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23384
-₽25491
-₽24770
-₽39424
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
14 000
other
-
-
-
433
social contributions
-
-
-
399
health
-
-
-
253
income
-
-
-
-
pensions
-
-
-
5 141
surtax
-
-
-
-
total
-
-
-
6 226
Employee
40 710
-
10 670
-
surtax
-
-
-
-
social contributions
1 161
-
303
-
income
2 403
-
-
-
pensions
4 603
-
1 208
-
total
8 167
-
1 511
-
Employer
40 710
-
10 670
-
other
1 404
-
368
-
unemployment
1 648
-
431
-
health
2 850
-
747
-
pensions
6 688
-
1 751
-
social contributions
123
-
32
-
total
12 713
-
3 329
-
Corporate
-
14 000
-
-
surtax
-
-
-
-
income
-
3 921
-
-
total
-
3 921
-
-
Dividends
-
10 079
-
-
social contributions
-
1 735
-
-
surtax
-
-
-
-
withholding
-
1 291
-
-
total
-
3 026
-
-
Income
14 000
14 000
14 000
14 000
Total tax
20 880
6 947
4 840
6 226
After tax
-6 880
7 053
9 160
7 774
Living cost
32 544
32 544
32 544
32 544
Free-cash
-39 424
-25 491
-23 384
-24 770

Estimated living cost  is ₽32544 per week

₽20520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2646
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8825
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
-₽20159
-₽22266
-₽21545
-₽33687
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
14 000
other
-
-
-
433
social contributions
-
-
-
399
health
-
-
-
253
income
-
-
-
-
pensions
-
-
-
5 141
surtax
-
-
-
-
total
-
-
-
6 226
Employee
36 339
-
10 670
-
surtax
-
-
-
-
social contributions
1 036
-
303
-
income
1 874
-
-
-
pensions
4 110
-
1 208
-
total
7 020
-
1 511
-
Employer
36 339
-
10 670
-
other
1 255
-
368
-
unemployment
1 471
-
431
-
health
2 543
-
747
-
pensions
5 971
-
1 751
-
social contributions
108
-
32
-
total
11 348
-
3 329
-
Corporate
-
14 000
-
-
surtax
-
-
-
-
income
-
3 921
-
-
total
-
3 921
-
-
Dividends
-
10 079
-
-
social contributions
-
1 735
-
-
surtax
-
-
-
-
withholding
-
1 291
-
-
total
-
3 026
-
-
Income
14 000
14 000
14 000
14 000
Total tax
18 368
6 947
4 840
6 226
After tax
-4 368
7 053
9 160
7 774
Living cost
29 319
29 319
29 319
29 319
Free-cash
-33 687
-22 266
-20 159
-21 545

Estimated living cost  is ₽29319 per week

₽17004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2978
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.
₽8782
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11760
-₽11629
-₽11177
-₽20749
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
14 000
social contributions
-
-
-
1 931
health
-
-
-
977
income
-
-
-
2 099
total
-
-
-
5 007
Employee
32 251
-
14 000
-
social contributions
4 451
-
1 931
-
income
5 379
-
2 682
-
health
2 251
-
977
-
total
12 081
-
5 590
-
Employer
32 251
-
14 000
-
total
-
-
-
-
Corporate
-
14 000
-
-
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%.

-
700
-
-
total
-
700
-
-
Dividends
-
13 300
-
-
social contributions
1 659
1 836
-
-
withholding
-
1 995
-
-
health
839
928
-
-
total
2 498
4 759
-
-
Income
14 000
14 000
14 000
14 000
Total tax
14 579
5 459
5 590
5 007
After tax
-579
8 541
8 410
8 993
Living cost
20 170
20 170
20 170
20 170
Free-cash
-20 749
-11 629
-11 760
-11 177

Estimated living cost  is ₽20170 per week

₽13498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1244
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4962
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽32026
-₽41178
-₽29254
-₽48306
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
14 000
health
-
-
-
1 070
income
-
-
-
-
chamber of commerce
-
-
-
56
pensions
-
-
-
2 590
surtax
-
-
-
188
unemployment
-
-
-
5 834
total
-
-
-
9 738
Employee
47 536
37 906
37 906
-
income
5 412
2 796
4 453
-
other
475
379
96
-
pensions
4 868
3 881
971
-
health
1 839
1 468
366
-
unemployment
1 426
1 137
285
-
total
14 020
9 661
6 171
-
Employer
47 536
37 906
37 906
-
other
2 258
1 800
1 560
-
unemployment
1 426
1 137
285
-
health
1 796
1 433
359
-
surtax
188
188
188
-
accident
617
493
117
-
pensions
5 966
4 758
1 191
-
payroll
1 426
1 137
1 137
-
chamber of commerce
190
152
152
-
total
13 867
11 098
4 989
-
Corporate
3 610
3 610
5 401
-
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.

903
903
1 350
-
total
903
903
1 350
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
14 000
14 000
14 000
14 000
Total tax
28 790
21 662
12 510
9 738
After tax
-14 790
-7 662
1 490
4 262
Living cost
33 516
33 516
33 516
33 516
Free-cash
-48 306
-41 178
-32 026
-29 254

Estimated living cost  is ₽33516 per week

₽22354
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28177
-₽26534
-₽28482
-₽73846
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
14 000
social contributions
-
-
-
5 014
communal

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

-
-
-
540
national
-
-
-
2 246
total
-
-
-
7 800
Employee

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

68 040
-
10 843
-
national
20 918
-
2 356
-
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.

5 103
-
814
-
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.

3 197
-
509
-
communal

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

3 549
-
565
-
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.

592
-
94
-
total
33 359
-
4 338
-
Employer

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

68 040
-
10 843
-
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.

993
-
159
-
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.

4 184
-
666
-
surtax
7 715
-
1 231
-
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.

884
-
141
-
pensions

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

6 029
-
960
-
total
19 805
-
3 157
-
Corporate
-
14 000
-
-
surtax
-
56
-
-
income
-
2 800
-
-
total
-
2 856
-
-
Dividends
-
11 144
-
-
withholding

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

-
2 996
-
-
total
-
2 996
-
-
Income
14 000
14 000
14 000
14 000
Total tax
53 164
5 852
7 495
7 800
After tax
-39 164
8 148
6 505
6 200
Living cost
34 682
34 682
34 682
34 682
Free-cash
-73 846
-26 534
-28 177
-28 482

Estimated living cost  is ₽34682 per week

₽22340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽32848
-₽24734
-₽27983
-₽48442
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
14 000
other
-
-
-
20
accident
-
-
-
184
income
-
-
-
1 495
pensions
-
-
-
5 789
unemployment
-
-
-
143
total
-
-
-
7 631
Employee
47 348
-
3 874
-
income
9 990
-
352
-
other
47
-
32
-
pensions
2 226
-
1 493
-
unemployment
735
-
493
-
total
12 998
-
2 370
-
Employer
47 348
-
3 874
-
other
377
-
255
-
unemployment
2 605
-
1 747
-
accident
937
-
628
-
pensions
11 173
-
7 496
-
total
15 092
-
10 126
-
Corporate
-
14 000
-
-
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.

-
2 099
-
-
total
-
2 099
-
-
Dividends
-
11 901
-
-
withholding
-
2 283
-
-
total
-
2 283
-
-
Income
14 000
14 000
14 000
14 000
Total tax
28 090
4 382
12 496
7 631
After tax
-14 090
9 618
1 504
6 369
Living cost
34 352
34 352
34 352
34 352
Free-cash
-48 442
-24 734
-32 848
-27 983

Estimated living cost  is ₽34352 per week

₽25296
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2437
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6123
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽48945
-₽42113
-₽48944
-₽66640
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
14 000
health
-
-
-
3 394
accident
-
-
-
408
income
-
-
-
-
pensions
-
-
-
7 242
communal
-
-
-
-
surtax
-
-
-
208
total
-
-
-
11 252
Employee
72 033
-
8 590
-
surtax
4 415
-
208
-
income
6 958
-
-
-
pensions
5 762
-
3 621
-
health
3 206
-
2 014
-
total
20 341
-
5 843
-
Employer
72 033
-
8 590
-
health
2 197
-
1 381
-
accident
648
-
408
-
pensions
5 762
-
3 621
-
total
8 607
-
5 410
-
Corporate
-
14 000
-
-
surtax
-
146
-
-
income
-
2 099
-
-
communal
-
-
-
-
total
-
2 245
-
-
Dividends
-
11 754
-
-
income
-
412
-
-
withholding
-
1 764
-
-
total
-
2 176
-
-
Income
14 000
14 000
14 000
14 000
Total tax
28 948
4 421
11 253
11 252
After tax
-14 948
9 579
2 747
2 748
Living cost
51 692
51 692
51 692
51 692
Free-cash
-66 640
-42 113
-48 945
-48 944

Estimated living cost  is ₽51692 per week

₽38777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3132
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.
₽9235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13946
-₽12560
-₽13373
-₽24777
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
14 000
other
-
-
-
-
health
-
-
-
993
income
-
-
-
1 998
pensions
-
-
-
2 800
surtax
-
-
-
-
unemployment
-
-
-
217
total
-
-
-
6 008
Employee
32 033
-
11 328
-
surtax
114
-
-
-
income
5 370
-
1 856
-
other
-
-
-
-
pensions
2 137
-
847
-
health
818
-
323
-
unemployment
2 229
-
883
-
total
10 668
-
3 909
-
Employer
32 033
-
11 328
-
other
-
-
-
-
unemployment
1 016
-
403
-
health
1 457
-
578
-
pensions
4 271
-
1 691
-
total
6 744
-
2 672
-
Corporate
-
14 000
-
-
income
-
3 641
-
-
total
-
3 641
-
-
Dividends
-
10 359
-
-
withholding
-
1 554
-
-
total
-
1 554
-
-
Income
14 000
14 000
14 000
14 000
Total tax
17 412
5 195
6 581
6 008
After tax
-3 412
8 805
7 419
7 992
Living cost
21 365
21 365
21 365
21 365
Free-cash
-24 777
-12 560
-13 946
-13 373

Estimated living cost  is ₽21365 per week

₽12899
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22405
-₽18264
-₽20707
-₽38765
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
14 000
social contributions
-
-
-
7 372
national
-
-
-
1 525
regional
-
-
-
135
municipal
-
-
-
52
total
-
-
-
9 084
Employee
52 764
-
14 000
-
social contributions
17 793
-
9 664
-
municipal
280
-
34
-
national
8 359
-
996
-
regional
710
-
88
-
total
27 142
-
10 782
-
Employer
52 764
-
14 000
-
total
-
-
-
-
Corporate
-
14 000
-
-
nationa
-
3 359
-
-
municipal
-
695
-
-
total
-
4 054
-
-
Dividends
-
9 946
-
-
withholding
-
2 587
-
-
total
-
2 587
-
-
Income
14 000
14 000
14 000
14 000
Total tax
27 142
6 641
10 782
9 084
After tax
-13 142
7 359
3 218
4 916
Living cost
25 623
25 623
25 623
25 623
Free-cash
-38 765
-18 264
-22 405
-20 707

Estimated living cost  is ₽25623 per week

₽15935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2596
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6653
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21689
-₽19155
-₽21975
-₽42741
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
14 000
social contributions
-
-
-
4 088
health
-
-
-
1 890
income
-
-
-
1 203
solidarity contribution
-
-
-
-
total
-
-
-
7 181
Employee
42 345
-
10 448
-
social contributions
2 752
-
679
-
solidarity contribution
-
-
-
-
income
5 081
-
1 254
-
health
5 717
-
1 410
-
total
13 550
-
3 343
-
Employer
42 345
-
10 448
-
health
3 811
-
940
-
social contributions
10 586
-
2 612
-
total
14 397
-
3 552
-
Corporate
-
14 000
-
-
income
-
2 660
-
-
total
-
2 660
-
-
Dividends
-
11 340
-
-
withholding
-
1 701
-
-
total
-
1 701
-
-
Income
14 000
14 000
14 000
14 000
Total tax
27 947
4 361
6 895
7 181
After tax
-13 947
9 639
7 105
6 819
Living cost
28 794
28 794
28 794
28 794
Free-cash
-42 741
-19 155
-21 689
-21 975

Estimated living cost  is ₽28794 per week

₽21413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5288
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28718
-₽37821
-₽25897
-₽40447
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
14 000
health
-
-
-
1 070
income
-
-
-
-
chamber of commerce
-
-
-
56
pensions
-
-
-
2 590
surtax
-
-
-
-
unemployment
-
-
-
5 834
total
-
-
-
9 550
Employee
41 579
37 906
37 906
-
income
3 704
2 796
4 453
-
other
415
379
96
-
pensions
4 258
3 881
971
-
health
1 608
1 468
366
-
unemployment
1 247
1 137
285
-
total
11 232
9 661
6 171
-
Employer
41 579
37 906
37 906
-
other
1 975
1 800
1 560
-
unemployment
1 247
1 137
285
-
health
1 572
1 433
359
-
surtax
-
-
-
-
accident
540
493
119
-
pensions
5 218
4 758
1 191
-
payroll
1 247
1 137
1 137
-
chamber of commerce
166
152
152
-
total
11 965
10 910
4 803
-
Corporate
3 610
3 610
5 587
-
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.

903
903
1 397
-
total
903
903
1 397
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
14 000
14 000
14 000
14 000
Total tax
24 100
21 474
12 371
9 550
After tax
-10 100
-7 474
1 629
4 450
Living cost
30 347
30 347
30 347
30 347
Free-cash
-40 447
-37 821
-28 718
-25 897

Estimated living cost  is ₽30347 per week

₽18204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1167
₽933
₽1493
-₽1459
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
14 000
microenterprise

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

-
-
-
140
total
-
-
-
140
Employee
15 459
-
14 000
-
income
3 092
-
2 800
-
total
3 092
-
2 800
-
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%.

-
14 000
-
-
total
-
-
-
-
Dividends
-
14 000
-
-
withholding
-
700
-
-
total
-
700
-
-
Income
14 000
14 000
14 000
14 000
Total tax
3 092
700
2 800
140
After tax
10 908
13 300
11 200
13 860
Living cost
12 367
12 367
12 367
12 367
Free-cash
-1 459
933
-1 167
1 493

Estimated living cost  is ₽12367 per week

₽8369
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽519
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽415
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17584
-₽15874
-₽17077
-₽34612
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
14 000
health
-
-
-
1 379
income
-
-
-
1 607
pensions
-
-
-
2 556
unemployment
-
-
-
22
total
-
-
-
5 564
Employee

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

42 062
-
12 114
-
income
7 254
-
1 509
-
pensions
6 520
-
1 877
-
health
2 717
-
783
-
unemployment
60
-
16
-
total
16 551
-
4 185
-
Employer

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

42 062
-
12 114
-
unemployment
25
-
7
-
health
2 801
-
807
-
pensions
3 722
-
1 072
-
total
6 548
-
1 886
-
Corporate
-
14 000
-
-
income
-
2 661
-
-
total
-
2 661
-
-
Dividends
-
11 339
-
-
withholding
-
1 700
-
-
total
-
1 700
-
-
Income
14 000
14 000
14 000
14 000
Total tax
23 099
4 361
6 071
5 564
After tax
-9 099
9 639
7 929
8 436
Living cost
25 513
25 513
25 513
25 513
Free-cash
-34 612
-15 874
-17 584
-17 077

Estimated living cost  is ₽25513 per week

₽17509
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽42418
-₽34572
-₽33415
-₽134902
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
14 000
social contributions
-
-
-
1 596
income
-
-
-
2 729
total
-
-
-
4 325
Employee
61 785
-
1 584
-
social contributions
5 066
-
722
-
income
13 629
-
190
-
total
18 695
-
912
-
Employer
61 785
-
1 584
-
social contributions
87 117
-
12 416
-
total
87 117
-
12 416
-
Corporate
-
14 000
-
-
income
-
3 080
-
-
total
-
3 080
-
-
Dividends
-
10 920
-
-
income
-
2 402
-
-
total
-
2 402
-
-
Income
14 000
14 000
14 000
14 000
Total tax
105 812
5 482
13 328
4 325
After tax
-91 812
8 518
672
9 675
Living cost
43 090
43 090
43 090
43 090
Free-cash
-134 902
-34 572
-42 418
-33 415

Estimated living cost  is ₽43090 per week

₽27959
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4053
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10530
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21226
-₽21874
-₽21519
-₽40138
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
14 000
social contributions

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

-
-
-
4 865
income
-
-
-
818
surtax
-
-
-
-
total
-
-
-
5 683
Employee
43 748
-
11 312
-
surtax
-
-
-
-
social contributions
4 812
-
1 244
-
income
9 100
-
1 460
-
total
13 912
-
2 704
-
Employer
43 748
-
11 312
-
social contributions
10 390
-
2 686
-
total
10 390
-
2 686
-
Corporate
-
14 000
-
-
surtax
-
-
-
-
income
-
2 940
-
-
total
-
2 940
-
-
Dividends
-
11 060
-
-
withholding
-
3 098
-
-
total
-
3 098
-
-
Income
14 000
14 000
14 000
14 000
Total tax
24 302
6 038
5 390
5 683
After tax
-10 302
7 962
8 610
8 317
Living cost
29 836
29 836
29 836
29 836
Free-cash
-40 138
-21 874
-21 226
-21 519

Estimated living cost  is ₽29836 per week

₽22323
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1760
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5255
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽36781
-₽38888
-₽38167
-₽64181
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
14 000
other
-
-
-
433
social contributions
-
-
-
399
health
-
-
-
253
income
-
-
-
-
pensions
-
-
-
5 141
surtax
-
-
-
-
total
-
-
-
6 226
Employee
59 575
-
10 670
-
surtax
-
-
-
-
social contributions
1 697
-
303
-
income
5 198
-
-
-
pensions
6 738
-
1 208
-
total
13 633
-
1 511
-
Employer
59 575
-
10 670
-
other
2 056
-
368
-
unemployment
2 413
-
431
-
health
4 170
-
747
-
pensions
9 789
-
1 751
-
social contributions
179
-
32
-
total
18 607
-
3 329
-
Corporate
-
14 000
-
-
surtax
-
-
-
-
income
-
3 921
-
-
total
-
3 921
-
-
Dividends
-
10 079
-
-
social contributions
-
1 735
-
-
surtax
-
-
-
-
withholding
-
1 291
-
-
total
-
3 026
-
-
Income
14 000
14 000
14 000
14 000
Total tax
32 240
6 947
4 840
6 226
After tax
-18 240
7 053
9 160
7 774
Living cost
45 941
45 941
45 941
45 941
Free-cash
-64 181
-38 888
-36 781
-38 167

Estimated living cost  is ₽45941 per week

₽31092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10460
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17259
-₽15994
-₽17674
-₽21320
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
14 000
income
-
-
-
-
social contributions
-
-
-
3 081
total
-
-
-
3 081
Employee
30 580
-
12 121
-
income
-
-
-
-
social contributions
1 987
-
787
-
total
1 987
-
787
-
Employer
30 580
-
12 121
-
social contributions
4 740
-
1 879
-
total
4 740
-
1 879
-
Corporate
-
14 000
-
-
income
-
1 401
-
-
total
-
1 401
-
-
Dividends
-
12 599
-
-
total
-
-
-
-
Income
14 000
14 000
14 000
14 000
Total tax
6 727
1 401
2 666
3 081
After tax
7 273
12 599
11 334
10 919
Living cost
28 593
28 593
28 593
28 593
Free-cash
-21 320
-15 994
-17 259
-17 674

Estimated living cost  is ₽28593 per week

₽18488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7412
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽192267
-₽192267
-₽33908
-₽192267
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
14 000
labour market
-
-
-
1 054
pensions
-
-
-
821
national
-
-
-
255
municipal
-
-
-
184
total
-
-
-
2 314
Employee
192 440
192 440
192 440
-
labour market
15 373
15 373
15 373
-
municipal
40 979
40 979
40 979
-
national
23 510
23 510
23 510
-
pensions
274
274
274
-
total
80 136
80 136
80 136
-
Employer
192 440
192 440
192 440
-
national
23 551
23 551
23 551
-
labour market
15 395
15 395
15 395
-
pensions
547
547
547
-
municipal
41 044
41 044
41 044
-
total
80 537
80 537
80 537
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
14 000
14 000
14 000
14 000
Total tax
160 673
160 673
160 673
2 314
After tax
-146 673
-146 673
-146 673
11 686
Living cost
45 594
45 594
45 594
45 594
Free-cash
-192 267
-192 267
-192 267
-33 908

Estimated living cost  is ₽45594 per week

₽31205
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽701
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13261
-₽19522
-₽14600
-₽25116
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
14 000
other
-
-
-
353
health
-
-
-
2 078
accident
-
-
-
241
income
-
-
-
1 307
pensions
-
-
-
3 965
total
-
-
-
7 944
Employee
32 494
-
11 630
-
income
4 458
-
1 595
-
pensions
3 659
-
1 309
-
health
3 721
-
1 331
-
total
11 838
-
4 235
-
Employer
32 494
-
11 630
-
unemployment
796
-
285
-
accident
543
-
194
-
pensions
5 283
-
1 891
-
total
6 622
-
2 370
-
Corporate
-
14 000
-
-
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.

-
12 600
-
-
total
-
12 600
-
-
Dividends
-
1 400
-
-
withholding
-
266
-
-
total
-
266
-
-
Income
14 000
14 000
14 000
14 000
Total tax
18 460
12 866
6 605
7 944
After tax
-4 460
1 134
7 395
6 056
Living cost
20 656
20 656
20 656
20 656
Free-cash
-25 116
-19 522
-13 261
-14 600

Estimated living cost  is ₽20656 per week

₽15036
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4055
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27658
-₽26832
-₽25039
-₽45487
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
14 000
health
-
-
-
-
national
-
-
-
-
municipal
-
-
-
2 520
total
-
-
-
2 520
Employee
50 044
-
11 778
-
municipal
8 197
-
1 946
-
national
827
-
-
-
pensions
3 377
-
794
-
health
374
-
-
-
unemployment
751
-
177
-
total
13 526
-
2 917
-
Employer
50 044
-
11 778
-
unemployment
325
-
76
-
health
384
-
90
-
accident
51
-
13
-
pensions
8 682
-
2 043
-
total
9 442
-
2 222
-
Corporate
-
14 000
-
-
income
-
2 800
-
-
total
-
2 800
-
-
Dividends

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

-
8 400
-
-
national
-
-
-
-
municipal
-
1 513
-
-
total
-
1 513
-
-
Income
14 000
14 000
14 000
14 000
Total tax
22 968
4 313
5 139
2 520
After tax
-8 968
9 687
8 861
11 480
Living cost
36 519
36 519
36 519
36 519
Free-cash
-45 487
-26 832
-27 658
-25 039

Estimated living cost  is ₽36519 per week

₽23854
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3513
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8572
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21217
-₽29532
-₽14586
-₽22700
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 160
social contributions
-
-
-
5 641
health
-
-
-
922
income
-
-
-
-
total
-
-
-
6 563
Employee
73 142
73 142
73 142
-
social contributions
2 765
6 070
2 047
-
income
7 964
6 771
8 224
-
health
567
1 244
419
-
total
11 296
14 085
10 690
-
Employer
73 142
73 142
73 142
-
health
616
1 354
457
-
social contributions
2 765
6 070
2 047
-
total
3 381
7 424
2 504
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
14 000
14 000
14 000
14 000
Total tax
14 677
21 509
13 194
6 563
After tax
-677
-7 509
806
7 437
Living cost
22 023
22 023
22 023
22 023
Free-cash
-22 700
-29 532
-21 217
-14 586

Estimated living cost  is ₽22023 per week

₽13199
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2161
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.
₽6177
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7536
-₽3508
-₽11025
-₽10080
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 000
health
-
-
-
3 442
income
-
-
-
403
pensions
-
-
-
6 051
unemployment
-
-
-
27
total
-
-
-
9 923
Employee

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

21 833
-
12 292
-
income
1 493
-
749
-
pensions
3 274
-
2 486
-
health
1 856
-
1 408
-
unemployment
108
-
83
-
total
6 731
-
4 726
-
Employer

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

21 833
-
12 292
-
unemployment
108
-
83
-
health
939
-
713
-
pensions
1 200
-
912
-
total
2 247
-
1 708
-
Corporate
-
14 000
-
-
income
-
1 260
-
-
total
-
1 260
-
-
Dividends
-
12 740
-
-
withholding
-
1 146
-
-
total
-
1 146
-
-
Income
14 000
14 000
14 000
14 000
Total tax
8 978
2 406
6 434
9 923
After tax
5 022
11 594
7 566
4 077
Living cost
15 102
15 102
15 102
15 102
Free-cash
-10 080
-3 508
-7 536
-11 025

Estimated living cost  is ₽15102 per week

₽9635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1088
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.
₽3928
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24653
-₽16539
-₽19788
-₽32384
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
14 000
other
-
-
-
20
accident
-
-
-
184
income
-
-
-
1 495
pensions
-
-
-
5 789
unemployment
-
-
-
143
total
-
-
-
7 631
Employee
35 171
-
3 874
-
income
6 781
-
352
-
other
34
-
32
-
pensions
1 653
-
1 493
-
unemployment
545
-
493
-
total
9 013
-
2 370
-
Employer
35 171
-
3 874
-
other
282
-
255
-
unemployment
1 935
-
1 747
-
accident
697
-
628
-
pensions
8 300
-
7 496
-
total
11 214
-
10 126
-
Corporate
-
14 000
-
-
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.

-
2 099
-
-
total
-
2 099
-
-
Dividends
-
11 901
-
-
withholding
-
2 283
-
-
total
-
2 283
-
-
Income
14 000
14 000
14 000
14 000
Total tax
20 227
4 382
12 496
7 631
After tax
-6 227
9 618
1 504
6 369
Living cost
26 157
26 157
26 157
26 157
Free-cash
-32 384
-16 539
-24 653
-19 788

Estimated living cost  is ₽26157 per week

₽17655
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2514
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5529
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6179
₽6974
₽6303
₽6684
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
14 000
health
-
-
-
932
income
-
-
-
3 718
pensions
-
-
-
1 285
total
-
-
-
5 935
Employee
2 683
-
12 554
-
income
519
-
3 650
-
pensions
242
-
578
-
health
134
-
321
-
unemployment
27
-
64
-
total
922
-
4 613
-
Employer
2 683
-
12 554
-
unemployment
54
-
129
-
health
255
-
610
-
pensions
295
-
707
-
total
604
-
1 446
-
Corporate
10 713
14 000
-
-
income
2 357
3 080
-
-
total
2 357
3 080
-
-
Dividends
8 356
10 920
-
-
withholding
1 671
2 184
-
-
total
1 671
2 184
-
-
Income
14 000
14 000
14 000
14 000
Total tax
5 554
5 264
6 059
5 935
After tax
8 446
8 736
7 941
8 065
Living cost
1 762
1 762
1 762
1 762
Free-cash
6 684
6 974
6 179
6 303

Estimated living cost  is ₽1762 per week

₽1047
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽143
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽40
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7740
-₽6303
-₽8342
-₽15190
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
14 000
health
-
-
-
1 442
income
-
-
-
632
pensions
-
-
-
3 640
unemployment
-
-
-
210
total
-
-
-
5 924
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.

24 757
-
11 874
-
income
3 413
-
833
-
pensions
3 466
-
1 662
-
health
1 275
-
612
-
unemployment
186
-
89
-
total
8 340
-
3 196
-
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.

24 757
-
11 874
-
unemployment
186
-
89
-
health
1 275
-
612
-
pensions
2 971
-
1 425
-
total
4 432
-
2 126
-
Corporate
-
14 000
-
-
income
-
2 100
-
-
total
-
2 100
-
-
Dividends
-
11 900
-
-
withholding
-
1 785
-
-
total
-
1 785
-
-
Income
14 000
14 000
14 000
14 000
Total tax
12 772
3 885
5 322
5 924
After tax
1 228
10 115
8 678
8 076
Living cost
16 418
16 418
16 418
16 418
Free-cash
-15 190
-6 303
-7 740
-8 342

Estimated living cost  is ₽16418 per week

₽11054
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1270
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.
₽3619
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17034
-₽17682
-₽17327
-₽31686
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
14 000
social contributions

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

-
-
-
4 865
income
-
-
-
818
surtax
-
-
-
-
total
-
-
-
5 683
Employee
36 918
-
11 312
-
surtax
-
-
-
-
social contributions
4 061
-
1 244
-
income
7 214
-
1 460
-
total
11 275
-
2 704
-
Employer
36 918
-
11 312
-
social contributions
8 767
-
2 686
-
total
8 767
-
2 686
-
Corporate
-
14 000
-
-
surtax
-
-
-
-
income
-
2 940
-
-
total
-
2 940
-
-
Dividends
-
11 060
-
-
withholding
-
3 098
-
-
total
-
3 098
-
-
Income
14 000
14 000
14 000
14 000
Total tax
20 042
6 038
5 390
5 683
After tax
-6 042
7 962
8 610
8 317
Living cost
25 644
25 644
25 644
25 644
Free-cash
-31 686
-17 682
-17 034
-17 327

Estimated living cost  is ₽25644 per week

₽18163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1782
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.
₽5246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31925
-₽23811
-₽27060
-₽46585
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
14 000
other
-
-
-
20
accident
-
-
-
184
income
-
-
-
1 495
pensions
-
-
-
5 789
unemployment
-
-
-
143
total
-
-
-
7 631
Employee
45 938
-
3 874
-
income
9 595
-
352
-
other
45
-
32
-
pensions
2 159
-
1 493
-
unemployment
711
-
493
-
total
12 510
-
2 370
-
Employer
45 938
-
3 874
-
other
368
-
255
-
unemployment
2 527
-
1 747
-
accident
910
-
628
-
pensions
10 841
-
7 496
-
total
14 646
-
10 126
-
Corporate
-
14 000
-
-
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.

-
2 099
-
-
total
-
2 099
-
-
Dividends
-
11 901
-
-
withholding
-
2 283
-
-
total
-
2 283
-
-
Income
14 000
14 000
14 000
14 000
Total tax
27 156
4 382
12 496
7 631
After tax
-13 156
9 618
1 504
6 369
Living cost
33 429
33 429
33 429
33 429
Free-cash
-46 585
-23 811
-31 925
-27 060

Estimated living cost  is ₽33429 per week

₽24007
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2599
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6352
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7378
-₽4246
-₽8055
-₽11686
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
14 000
health
-
-
-
1 611
income
-
-
-
2 100
pensions

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

-
-
-
2 072
unemployment
-
-
-
56
total
-
-
-
5 839
Employee
21 472
-
11 703
-
income
2 148
-
1 171
-
accident

We are using the highest rate at 1.1%.

236
-
129
-
pensions

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

1 885
-
1 027
-
health
988
-
538
-
total
5 257
-
2 865
-
Employer
21 472
-
11 703
-
unemployment
129
-
70
-
health
1 482
-
808
-
accident

We are using the highest rate at 1.1%.

236
-
129
-
pensions

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

2 366
-
1 290
-
total
4 213
-
2 297
-
Corporate
-
14 000
-
-
income
-
1 400
-
-
total
-
1 400
-
-
Dividends
-
12 600
-
-
withholding
-
630
-
-
total
-
630
-
-
Income
14 000
14 000
14 000
14 000
Total tax
9 470
2 030
5 162
5 839
After tax
4 530
11 970
8 838
8 161
Living cost
16 216
16 216
16 216
16 216
Free-cash
-11 686
-4 246
-7 378
-8 055

Estimated living cost  is ₽16216 per week

₽10725
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽928
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29221
-₽29265
-₽29221
-₽33328
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
14 000
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.

-
-
-
6 498
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.

-
-
-
-
trade
-
-
-
-
total
-
-
-
6 498
Employee

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

47 328
-
14 000
-
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.

215
-
-
-
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.

3 892
-
-
-
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.

6 498
-
6 498
-
total
10 605
-
6 498
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
14 000
-
-
chamber of commerce
-
164
-
-
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.

-
116
-
-
trade
-
2 009
-
-
income
-
2 099
-
-
total
-
4 388
-
-
Dividends
-
9 612
-
-
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
-
-
withholding
-
2 042
-
-
total
-
2 154
-
-
Income
14 000
14 000
14 000
14 000
Total tax
10 605
6 542
6 498
6 498
After tax
3 395
7 458
7 502
7 502
Living cost
36 723
36 723
36 723
36 723
Free-cash
-33 328
-29 265
-29 221
-29 221

Estimated living cost  is ₽36723 per week

₽25332
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3951
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.
₽6906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽40204
-₽44382
-₽40204
-₽60405
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
14 000
income
-
-
-
-179
social contributions
-
-
-
199
total
-
-
-
20
Employee
74 405
-
14 000
-
income
14 040
-
-179
-
social contributions
6 181
-
199
-
total
20 221
-
20
-
Employer
74 405
-
14 000
-
total
-
-
-
-
Corporate
-
14 000
-
-
income
-
1 749
-
-
total
-
1 749
-
-
Dividends
-
12 251
-
-
withholding
-
2 449
-
-
total
-
2 449
-
-
Income
14 000
14 000
14 000
14 000
Total tax
20 221
4 198
20
20
After tax
-6 221
9 802
13 980
13 980
Living cost
54 184
54 184
54 184
54 184
Free-cash
-60 405
-44 382
-40 204
-40 204

Estimated living cost  is ₽54184 per week

₽41222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4415
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23835
-₽28269
-₽53486
-₽36847
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
14 000
income
-
-
-
27 076
health

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

-
-
-
5 881
total
-
-
-
32 957
Employee
43 635
-
12 347
-
income
4 735
-
-
-
social contributions
4 372
-
1 653
-
total
9 107
-
1 653
-
Employer
43 635
-
12 347
-
social contributions
4 372
-
1 653
-
total
4 372
-
1 653
-
Corporate
-
14 000
-
-
income
-
4 901
-
-
total
-
4 901
-
-
Dividends
-
9 099
-
-
social contributions
2 839
2 839
-
-
total
2 839
2 839
-
-
Income
14 000
14 000
14 000
14 000
Total tax
16 318
7 740
3 306
32 957
After tax
-2 318
6 260
10 694
-18 957
Living cost
34 529
34 529
34 529
34 529
Free-cash
-36 847
-28 269
-23 835
-53 486

Estimated living cost  is ₽34529 per week

₽22744
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2722
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8533
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24222
-₽24647
-₽24182
-₽40020
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
14 000
income
-
-
-
2 737
pensions
-
-
-
308
total
-
-
-
3 045
Employee
48 230
-
13 644
-
income
8 783
-
2 729
-
health
629
-
-
-
pensions
3 681
-
-
-
total
13 093
-
2 729
-
Employer
48 230
-
13 644
-
health
917
-
258
-
pensions
4 873
-
98
-
total
5 790
-
356
-
Corporate
-
14 000
-
-
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.

-
2 660
-
-
total
-
2 660
-
-
Dividends
-
11 340
-
-
withholding
-
850
-
-
total
-
850
-
-
Income
14 000
14 000
14 000
14 000
Total tax
18 883
3 510
3 085
3 045
After tax
-4 883
10 490
10 915
10 955
Living cost
35 137
35 137
35 137
35 137
Free-cash
-40 020
-24 647
-24 222
-24 182

Estimated living cost  is ₽35137 per week

₽24104
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽15307
-₽21568
-₽16646
-₽28988
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
14 000
other
-
-
-
353
health
-
-
-
2 078
accident
-
-
-
241
income
-
-
-
1 307
pensions
-
-
-
3 965
total
-
-
-
7 944
Employee
35 710
-
11 630
-
income
4 899
-
1 595
-
pensions
4 021
-
1 309
-
health
4 089
-
1 331
-
total
13 009
-
4 235
-
Employer
35 710
-
11 630
-
unemployment
875
-
285
-
accident
596
-
194
-
pensions
5 806
-
1 891
-
total
7 277
-
2 370
-
Corporate
-
14 000
-
-
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.

-
12 600
-
-
total
-
12 600
-
-
Dividends
-
1 400
-
-
withholding
-
266
-
-
total
-
266
-
-
Income
14 000
14 000
14 000
14 000
Total tax
20 286
12 866
6 605
7 944
After tax
-6 286
1 134
7 395
6 056
Living cost
22 702
22 702
22 702
22 702
Free-cash
-28 988
-21 568
-15 307
-16 646

Estimated living cost  is ₽22702 per week

₽16660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4078
-₽928
-₽4078
-₽6524
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
14 000
income
-
-
-
1 400
health insurance
-
-
-
1 036
work injury
-
-
-
70
pensions
-
-
-
2 576
unemployment
-
-
-
168
total
-
-
-
5 250
Employee

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

20 524
-
14 000
-
income
2 052
-
1 400
-
work injury
103
-
70
-
health insurance
1 519
-
1 036
-
pensions
3 776
-
2 576
-
unemployment
246
-
168
-
total
7 696
-
5 250
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
14 000
-
-
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
-
14 000
-
-
withholding
-
2 100
-
-
total
-
2 100
-
-
Income
14 000
14 000
14 000
14 000
Total tax
7 696
2 100
5 250
5 250
After tax
6 304
11 900
8 750
8 750
Living cost
12 828
12 828
12 828
12 828
Free-cash
-6 524
-928
-4 078
-4 078

Estimated living cost  is ₽12828 per week

₽7947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽932
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.
₽3548
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽34669
-₽30517
-₽32966
-₽66153
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
14 000
social contributions
-
-
-
7 372
national
-
-
-
1 525
regional
-
-
-
116
municipal
-
-
-
60
total
-
-
-
9 073
Employee
80 154
-
14 000
-
social contributions
27 027
-
9 664
-
municipal
478
-
40
-
national
13 545
-
996
-
regional
1 210
-
76
-
total
42 260
-
10 776
-
Employer
80 154
-
14 000
-
total
-
-
-
-
Corporate
-
14 000
-
-
nationa
-
3 359
-
-
municipal
-
675
-
-
total
-
4 034
-
-
Dividends
-
9 966
-
-
withholding
-
2 590
-
-
total
-
2 590
-
-
Income
14 000
14 000
14 000
14 000
Total tax
42 260
6 624
10 776
9 073
After tax
-28 260
7 376
3 224
4 927
Living cost
37 893
37 893
37 893
37 893
Free-cash
-66 153
-30 517
-34 669
-32 966

Estimated living cost  is ₽37893 per week

₽26618
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2607
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.
₽8096
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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