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
-₽22081
-₽21018
-₽21262
-₽21018
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 445
trade
-
-
-
-
income

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

-
-
-
-
surtax

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

-
-
-
-
total
-
-
-
6 445
Employee

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

36 081
-
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.

6 445
-
6 445
-
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.

1 008
-
-
-
surtax

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

55
-
-
-
total
7 508
-
6 445
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
14 000
-
-
income
-
2 100
-
-
chamber of commerce
-
163
-
-
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
-
2 205
-
-
total
-
4 584
-
-
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.

-
109
-
-
withholding
-
1 996
-
-
total
-
2 105
-
-
Income
14 000
14 000
14 000
14 000
Total tax
7 508
6 689
6 445
6 445
After tax
6 492
7 311
7 555
7 555
Living cost
28 573
28 573
28 573
28 573
Free-cash
-22 081
-21 262
-21 018
-21 018

Estimated living cost  is ₽28573 per week

₽17973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3331
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽70367
-₽38648
-₽41160
-₽38759
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
151
municipal
-
-
-
405
pensions
-
-
-
1 680
national
-
-
-
627
total
-
-
-
2 863
Employee
77 348
-
12 103
-
pensions
3 094
-
484
-
municipal
9 554
-
459
-
national
14 804
-
711
-
total
27 452
-
1 654
-
Employer
77 348
-
12 103
-
pensions
6 188
-
968
-
social contributions
831
-
130
-
total
7 019
-
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
34 471
5 264
2 752
2 863
After tax
-20 471
8 736
11 248
11 137
Living cost
49 896
49 896
49 896
49 896
Free-cash
-70 367
-41 160
-38 648
-38 759

Estimated living cost  is ₽49896 per week

₽33914
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4638
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽747
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20205
-₽11592
-₽8425
-₽10695
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
2 970
income
-
-
-
-
surtax
-
-
-
-
microenterprise
-
-
-
2 100
total
-
-
-
5 070
Employee
27 565
-
11 283
-
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.

3 033
-
1 241
-
income
4 907
-
2 009
-
surtax
-
-
-
-
total
7 940
-
3 250
-
Employer
27 565
-
11 283
-
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.

6 640
-
2 717
-
total
6 640
-
2 717
-
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
14 580
2 800
5 967
5 070
After tax
-580
11 200
8 033
8 930
Living cost
19 625
19 625
19 625
19 625
Free-cash
-20 205
-8 425
-11 592
-10 695

Estimated living cost  is ₽19625 per week

₽12520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1869
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4790
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽79676
-₽79676
-₽74380
-₽31449
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 150
income
-
-
-
1 260
pensions
-
-
-
2 521
total
-
-
-
5 931
Employee
80 557
80 557
80 557
-
pensions
14 500
11 052
14 500
-
health
12 365
10 517
12 365
-
income

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

13 186
13 186
13 186
-
total
40 051
34 755
40 051
-
Employer
80 557
80 557
80 557
-
pensions
5 607
5 607
5 607
-
health
5 600
5 600
5 600
-
unemployment
2 900
2 900
2 900
-
total
14 107
14 107
14 107
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
14 000
14 000
14 000
14 000
Total tax
54 158
48 862
54 158
5 931
After tax
-40 158
-34 862
-40 158
8 069
Living cost
39 518
39 518
39 518
39 518
Free-cash
-79 676
-74 380
-79 676
-31 449

Estimated living cost  is ₽39518 per week

₽28005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽628
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7322
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽58963
-₽31486
-₽31319
-₽31984
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
28
health
-
-
-
873
municipal
-
-
-
2 966
pensions
-
-
-
1 513
other
-
-
-
1 627
unemployment
-
-
-
14
national
-
-
-
-
total
-
-
-
7 021
Employee
55 519
-
10 652
-
municipal
16 556
-
3 177
-
national
-
-
-
-
total
16 556
-
3 177
-
Employer
55 519
-
10 652
-
pensions
6 002
-
1 151
-
other
6 451
-
1 238
-
health
3 414
-
655
-
unemployment
1 466
-
281
-
accident
111
-
21
-
total
17 444
-
3 346
-
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
34 000
6 356
6 523
7 021
After tax
-20 000
7 644
7 477
6 979
Living cost
38 963
38 963
38 963
38 963
Free-cash
-58 963
-31 319
-31 486
-31 984

Estimated living cost  is ₽38963 per week

₽25823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽33839
-₽29503
-₽29819
-₽29503
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 445
trade
-
-
-
-
income

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

-
-
-
-
surtax

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

-
-
-
-
total
-
-
-
6 445
Employee

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

47 839
-
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.

6 445
-
6 445
-
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.

4 110
-
-
-
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.

226
-
-
-
total
10 781
-
6 445
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
14 000
-
-
income
-
2 100
-
-
chamber of commerce
-
163
-
-
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
-
2 302
-
-
total
-
4 681
-
-
Dividends
-
9 319
-
-
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.

-
109
-
-
withholding
-
1 971
-
-
total
-
2 080
-
-
Income
14 000
14 000
14 000
14 000
Total tax
10 781
6 761
6 445
6 445
After tax
3 219
7 239
7 555
7 555
Living cost
37 058
37 058
37 058
37 058
Free-cash
-33 839
-29 819
-29 503
-29 503

Estimated living cost  is ₽37058 per week

₽24785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3908
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7812
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽32771
-₽29681
-₽37928
-₽23106
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 861
social contributions
-
-
-
5 594
health
-
-
-
915
income
-
-
-
-
total
-
-
-
6 509
Employee
72 538
72 538
72 538
-
health
721
1 233
415
-
social contributions
3 525
6 020
2 030
-
income
7 617
6 715
8 156
-
total
11 863
13 968
10 601
-
Employer
72 538
72 538
72 538
-
health
786
1 343
453
-
social contributions
3 525
6 020
2 030
-
total
4 311
7 363
2 483
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
14 000
14 000
14 000
14 000
Total tax
16 174
21 331
13 084
6 509
After tax
-2 174
-7 331
916
7 491
Living cost
30 597
30 597
30 597
30 597
Free-cash
-32 771
-37 928
-29 681
-23 106

Estimated living cost  is ₽30597 per week

₽20916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2390
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15991
-₽9271
-₽9209
-₽7688
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

25 096
9 988
11 715
-
unemployment
376
150
176
-
pensions
2 510
999
1 172
-
health
1 757
699
820
-
income
3 068
1 221
1 432
-
total
7 711
3 069
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.

25 096
9 988
11 715
-
pensions
4 894
1 948
2 285
-
total
4 894
1 948
2 285
-
Corporate
-
2 064
-
-
income
-
186
-
-
total
-
186
-
-
Dividends
-
1 879
-
-
social contributions
-
263
-
-
withholding
-
357
-
-
total
-
620
-
-
Income
14 000
14 000
14 000
14 000
Total tax
12 605
5 823
5 885
4 302
After tax
1 395
8 177
8 115
9 698
Living cost
17 386
17 386
17 386
17 386
Free-cash
-15 991
-9 209
-9 271
-7 688

Estimated living cost  is ₽17386 per week

₽11864
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1422
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21807
-₽12802
-₽11585
-₽13406
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 821
income
-
-
-
-
pensions
-
-
-
2 800
total
-
-
-
4 621
Employee
26 761
-
10 370
-
unemployment
428
-
172
-
pensions
535
-
215
-
income
3 013
-
-
-
total
3 976
-
387
-
Employer
26 761
-
10 370
-
pensions
5 353
-
2 148
-
health
3 478
-
1 396
-
unemployment
215
-
86
-
total
9 046
-
3 630
-
Corporate
-
14 000
-
-
income
-
2 800
-
-
total
-
2 800
-
-
Dividends
-
11 200
-
-
total
-
-
-
-
Income
14 000
14 000
14 000
14 000
Total tax
13 022
2 800
4 017
4 621
After tax
978
11 200
9 983
9 379
Living cost
22 785
22 785
22 785
22 785
Free-cash
-21 807
-11 585
-12 802
-13 406

Estimated living cost  is ₽22785 per week

₽15628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1357
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.
₽5342
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽25899
-₽13677
-₽19936
-₽15042
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
242
health
-
-
-
2 089
income
-
-
-
1 301
pensions
-
-
-
3 985
other
-
-
-
355
total
-
-
-
7 972
Employee
33 145
-
11 630
-
pensions
3 732
-
1 309
-
health
3 795
-
1 332
-
income
4 547
-
1 596
-
total
12 074
-
4 237
-
Employer
33 145
-
11 630
-
pensions
5 390
-
1 891
-
unemployment
812
-
285
-
accident
553
-
194
-
total
6 755
-
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
18 829
12 866
6 607
7 972
After tax
-4 829
1 134
7 393
6 028
Living cost
21 070
21 070
21 070
21 070
Free-cash
-25 899
-19 936
-13 677
-15 042

Estimated living cost  is ₽21070 per week

₽15443
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1167
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.
₽4021
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4161
₽3504
₽5604
₽6164
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 619
-
14 000
-
income
1 924
-
2 800
-
total
1 924
-
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%.

4 381
14 000
-
-
total
-
-
-
-
Dividends
4 381
14 000
-
-
withholding
219
700
-
-
total
219
700
-
-
Income
14 000
14 000
14 000
14 000
Total tax
2 143
700
2 800
140
After tax
11 857
13 300
11 200
13 860
Living cost
7 696
7 696
7 696
7 696
Free-cash
4 161
5 604
3 504
6 164

Estimated living cost  is ₽7696 per week

₽4769
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽212
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2075
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28884
-₽16927
-₽14848
-₽17554
S + D Salary + Dividends

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

Dividends

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

Salary

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

-
-
-
3 360
other
-
-
-
664
total
-
-
-
6 418
Employee
34 252
-
11 182
-
unemployment
342
-
111
-
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.

2 397
-
782
-
health
480
-
156
-
income
5 897
-
1 924
-
total
9 116
-
2 973
-
Employer
34 252
-
11 182
-
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.

5 823
-
1 901
-
other
1 713
-
560
-
health
480
-
156
-
unemployment
342
-
111
-
accident
274
-
90
-
total
8 632
-
2 818
-
Corporate
-
14 000
-
-
income
-
2 939
-
-
total
-
2 939
-
-
Dividends
-
11 061
-
-
withholding
-
773
-
-
total
-
773
-
-
Income
14 000
14 000
14 000
14 000
Total tax
17 748
3 712
5 791
6 418
After tax
-3 748
10 288
8 209
7 582
Living cost
25 136
25 136
25 136
25 136
Free-cash
-28 884
-14 848
-16 927
-17 554

Estimated living cost  is ₽25136 per week

₽17760
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1697
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5274
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽85248
-₽50807
-₽51201
-₽50732
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 740
pensions
-
-
-
301
total
-
-
-
3 041
Employee
87 284
-
13 604
-
pensions
8 421
-
-
-
health
1 438
-
-
-
income
15 734
-
2 720
-
total
25 593
-
2 720
-
Employer
87 284
-
13 604
-
pensions
10 306
-
138
-
health
1 658
-
258
-
total
11 964
-
396
-
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.

-
2 659
-
-
total
-
2 659
-
-
Dividends
-
11 341
-
-
withholding
-
851
-
-
total
-
851
-
-
Income
14 000
14 000
14 000
14 000
Total tax
37 557
3 510
3 116
3 041
After tax
-23 557
10 490
10 884
10 959
Living cost
61 691
61 691
61 691
61 691
Free-cash
-85 248
-51 201
-50 807
-50 732

Estimated living cost  is ₽61691 per week

₽46226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7248
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5597
-₽3534
-₽402
-₽4210
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 610
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
-
-
-
5 838
Employee
16 383
-
11 703
-
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.

1 438
-
1 027
-
health
754
-
538
-
income
1 638
-
1 170
-
total
4 010
-
2 864
-
Employer
16 383
-
11 703
-
pensions

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

1 806
-
1 290
-
health
1 131
-
808
-
unemployment
98
-
71
-
accident

We are using the highest rate at 1.1%.

180
-
129
-
total
3 215
-
2 298
-
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
7 225
2 030
5 162
5 838
After tax
6 775
11 970
8 838
8 162
Living cost
12 372
12 372
12 372
12 372
Free-cash
-5 597
-402
-3 534
-4 210

Estimated living cost  is ₽12372 per week

₽7223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽328
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3938
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽88773
-₽92468
-₽87172
-₽44241
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 150
income
-
-
-
1 260
pensions
-
-
-
2 521
total
-
-
-
5 931
Employee
87 459
80 557
80 557
-
pensions
11 052
11 052
14 500
-
health
10 911
10 517
12 365
-
income

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

13 186
13 186
13 186
-
total
35 149
34 755
40 051
-
Employer
87 459
80 557
80 557
-
pensions
6 087
5 607
5 607
-
health
6 078
5 600
5 600
-
unemployment
3 149
2 900
2 900
-
total
15 314
14 107
14 107
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
14 000
14 000
14 000
14 000
Total tax
50 463
48 862
54 158
5 931
After tax
-36 463
-34 862
-40 158
8 069
Living cost
52 310
52 310
52 310
52 310
Free-cash
-88 773
-87 172
-92 468
-44 241

Estimated living cost  is ₽52310 per week

₽38587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽600
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8451
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽32158
-₽16318
-₽13784
-₽16604
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
34 446
-
10 448
-
solidarity contribution
-
-
-
-
health
4 650
-
1 410
-
social contributions
2 239
-
679
-
income
4 134
-
1 254
-
total
11 023
-
3 343
-
Employer
34 446
-
10 448
-
health
3 100
-
940
-
social contributions
8 612
-
2 612
-
total
11 712
-
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
22 735
4 361
6 895
7 181
After tax
-8 735
9 639
7 105
6 819
Living cost
23 423
23 423
23 423
23 423
Free-cash
-32 158
-13 784
-16 318
-16 604

Estimated living cost  is ₽23423 per week

₽16270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽69838
-₽36496
-₽32336
-₽34791
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 311
municipal
-
-
-
54
regional
-
-
-
82
national
-
-
-
1 538
total
-
-
-
8 985
Employee
83 838
-
14 000
-
regional
791
-
54
-
municipal
444
-
36
-
national
14 527
-
1 015
-
social contributions
28 270
-
9 585
-
total
44 032
-
10 690
-
Employer
83 838
-
14 000
-
total
-
-
-
-
Corporate
-
14 000
-
-
municipal
-
546
-
-
nationa
-
3 360
-
-
total
-
3 906
-
-
Dividends
-
10 094
-
-
withholding
-
2 624
-
-
total
-
2 624
-
-
Income
14 000
14 000
14 000
14 000
Total tax
44 032
6 530
10 690
8 985
After tax
-30 032
7 470
3 310
5 015
Living cost
39 806
39 806
39 806
39 806
Free-cash
-69 838
-32 336
-36 496
-34 791

Estimated living cost  is ₽39806 per week

₽27748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2610
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽610
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8836
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23762
-₽13364
-₽12009
-₽12823
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
994
income
-
-
-
1 998
surtax
-
-
-
-
pensions
-
-
-
2 800
other
-
-
-
-
unemployment
-
-
-
215
total
-
-
-
6 007
Employee
31 196
-
11 351
-
unemployment
2 171
-
875
-
pensions
2 080
-
840
-
health
797
-
320
-
income
5 229
-
1 864
-
other
-
-
-
-
surtax
102
-
-
-
total
10 379
-
3 899
-
Employer
31 196
-
11 351
-
pensions
4 159
-
1 677
-
other
-
-
-
-
health
1 420
-
573
-
unemployment
988
-
399
-
total
6 567
-
2 649
-
Corporate
-
14 000
-
-
income
-
3 639
-
-
total
-
3 639
-
-
Dividends
-
10 361
-
-
withholding
-
1 554
-
-
total
-
1 554
-
-
Income
14 000
14 000
14 000
14 000
Total tax
16 946
5 193
6 548
6 007
After tax
-2 946
8 807
7 452
7 993
Living cost
20 816
20 816
20 816
20 816
Free-cash
-23 762
-12 009
-13 364
-12 823

Estimated living cost  is ₽20816 per week

₽12728
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5687
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽51938
-₽31262
-₽31656
-₽31187
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 740
pensions
-
-
-
301
total
-
-
-
3 041
Employee
58 495
-
13 604
-
pensions
4 965
-
-
-
health
849
-
-
-
income
10 535
-
2 720
-
total
16 349
-
2 720
-
Employer
58 495
-
13 604
-
pensions
6 332
-
138
-
health
1 111
-
258
-
total
7 443
-
396
-
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.

-
2 659
-
-
total
-
2 659
-
-
Dividends
-
11 341
-
-
withholding
-
851
-
-
total
-
851
-
-
Income
14 000
14 000
14 000
14 000
Total tax
23 792
3 510
3 116
3 041
After tax
-9 792
10 490
10 884
10 959
Living cost
42 146
42 146
42 146
42 146
Free-cash
-51 938
-31 656
-31 262
-31 187

Estimated living cost  is ₽42146 per week

₽31575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6970
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽82225
-₽65904
-₽68671
-₽63030
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
245
pensions
-
-
-
1 288
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.

-
-
-
280
regional
-
-
-
-
city
-
-
-
145
national
-
-
-
-
total
-
-
-
1 958
Employee
87 853
-
11 399
-
unemployment
-
-
-
-
pensions
7 381
-
2 223
-
regional
2 877
-
-
-
national
416
-
-
-
health
199
-
25
-
city
943
-
108
-
total
11 816
-
2 356
-
Employer
87 853
-
11 399
-
pensions
7 381
-
2 223
-
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.

1 757
-
228
-
health
199
-
25
-
unemployment
-
-
-
-
total
9 337
-
2 476
-
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
21 153
7 599
4 832
1 958
After tax
-7 153
6 401
9 168
12 042
Living cost
75 072
75 072
75 072
75 072
Free-cash
-82 225
-68 671
-65 904
-63 030

Estimated living cost  is ₽75072 per week

₽48818
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽922
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18595
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽42694
-₽35660
-₽36048
-₽35660
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 445
trade
-
-
-
-
income

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

-
-
-
-
surtax

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

-
-
-
-
total
-
-
-
6 445
Employee

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

56 693
-
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.

6 445
-
6 445
-
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.

6 667
-
-
-
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.

367
-
-
-
total
13 479
-
6 445
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
14 000
-
-
income
-
2 100
-
-
chamber of commerce
-
163
-
-
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
-
-
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.

-
107
-
-
withholding
-
1 946
-
-
total
-
2 053
-
-
Income
14 000
14 000
14 000
14 000
Total tax
13 479
6 833
6 445
6 445
After tax
521
7 167
7 555
7 555
Living cost
43 215
43 215
43 215
43 215
Free-cash
-42 694
-36 048
-35 660
-35 660

Estimated living cost  is ₽43215 per week

₽31562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3457
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7635
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽38983
-₽23117
-₽25219
-₽24483
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
397
health
-
-
-
251
income
-
-
-
-
surtax
-
-
-
-
pensions
-
-
-
5 127
other
-
-
-
433
total
-
-
-
6 208
Employee
40 373
-
10 669
-
pensions
4 565
-
1 207
-
social contributions
1 151
-
304
-
income
2 383
-
-
-
surtax
-
-
-
-
total
8 099
-
1 511
-
Employer
40 373
-
10 669
-
pensions
6 633
-
1 753
-
other
1 393
-
369
-
health
2 827
-
746
-
unemployment
1 634
-
431
-
social contributions
122
-
32
-
total
12 609
-
3 331
-
Corporate
-
14 000
-
-
income
-
3 920
-
-
surtax
-
-
-
-
total
-
3 920
-
-
Dividends
-
10 080
-
-
surtax
-
-
-
-
social contributions
-
1 733
-
-
withholding
-
1 291
-
-
total
-
3 024
-
-
Income
14 000
14 000
14 000
14 000
Total tax
20 708
6 944
4 842
6 208
After tax
-6 708
7 056
9 158
7 792
Living cost
32 275
32 275
32 275
32 275
Free-cash
-38 983
-25 219
-23 117
-24 483

Estimated living cost  is ₽32275 per week

₽20351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2624
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽33293
-₽19919
-₽22021
-₽21285
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
397
health
-
-
-
251
income
-
-
-
-
surtax
-
-
-
-
pensions
-
-
-
5 127
other
-
-
-
433
total
-
-
-
6 208
Employee
36 039
-
10 669
-
pensions
4 076
-
1 207
-
social contributions
1 028
-
304
-
income
1 858
-
-
-
surtax
-
-
-
-
total
6 962
-
1 511
-
Employer
36 039
-
10 669
-
pensions
5 922
-
1 753
-
other
1 244
-
369
-
health
2 522
-
746
-
unemployment
1 459
-
431
-
social contributions
107
-
32
-
total
11 254
-
3 331
-
Corporate
-
14 000
-
-
income
-
3 920
-
-
surtax
-
-
-
-
total
-
3 920
-
-
Dividends
-
10 080
-
-
surtax
-
-
-
-
social contributions
-
1 733
-
-
withholding
-
1 291
-
-
total
-
3 024
-
-
Income
14 000
14 000
14 000
14 000
Total tax
18 216
6 944
4 842
6 208
After tax
-4 216
7 056
9 158
7 792
Living cost
29 077
29 077
29 077
29 077
Free-cash
-33 293
-22 021
-19 919
-21 285

Estimated living cost  is ₽29077 per week

₽16863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2954
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.
₽8709
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20462
-₽11622
-₽11461
-₽11012
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 932
health
-
-
-
977
income
-
-
-
2 100
total
-
-
-
5 009
Employee
31 985
-
14 000
-
health
2 232
-
977
-
social contributions
4 415
-
1 932
-
income
5 335
-
2 710
-
total
11 982
-
5 619
-
Employer
31 985
-
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
-
-
health
832
929
-
-
social contributions
1 645
1 835
-
-
withholding
-
1 994
-
-
total
2 477
4 758
-
-
Income
14 000
14 000
14 000
14 000
Total tax
14 459
5 458
5 619
5 009
After tax
-459
8 542
8 381
8 991
Living cost
20 003
20 003
20 003
20 003
Free-cash
-20 462
-11 461
-11 622
-11 012

Estimated living cost  is ₽20003 per week

₽13387
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1233
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.
₽4921
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽47789
-₽31678
-₽40722
-₽28928
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 071
surtax
-
-
-
186
income
-
-
-
-
chamber of commerce
-
-
-
55
pensions
-
-
-
2 590
unemployment
-
-
-
5 786
total
-
-
-
9 688
Employee
47 144
37 593
37 593
-
unemployment
1 414
1 128
283
-
pensions
4 828
3 849
963
-
health
1 824
1 455
363
-
income
5 367
2 773
4 416
-
other
471
376
95
-
total
13 904
9 581
6 120
-
Employer
47 144
37 593
37 593
-
chamber of commerce
188
150
150
-
pensions
5 916
4 719
1 182
-
other
2 239
1 785
1 547
-
health
1 781
1 421
356
-
unemployment
1 414
1 128
283
-
accident
612
489
118
-
surtax
186
186
186
-
payroll
1 414
1 128
1 128
-
total
13 750
11 006
4 950
-
Corporate
3 580
3 580
5 470
-
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.

895
895
1 368
-
total
895
895
1 368
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
14 000
14 000
14 000
14 000
Total tax
28 549
21 482
12 438
9 688
After tax
-14 549
-7 482
1 562
4 312
Living cost
33 240
33 240
33 240
33 240
Free-cash
-47 789
-40 722
-31 678
-28 928

Estimated living cost  is ₽33240 per week

₽22169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2836
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7689
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽73119
-₽27889
-₽26250
-₽28167
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 973
communal

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

-
-
-
542
national
-
-
-
2 257
total
-
-
-
7 772
Employee

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

67 478
-
10 842
-
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.

587
-
95
-
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.

5 061
-
813
-
national
20 745
-
2 356
-
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.

3 170
-
510
-
communal

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

3 519
-
566
-
total
33 082
-
4 340
-
Employer

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

67 478
-
10 842
-
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.

5 979
-
961
-
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.

4 150
-
666
-
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.

985
-
158
-
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.

877
-
141
-
surtax
7 651
-
1 228
-
total
19 642
-
3 154
-
Corporate
-
14 000
-
-
income
-
2 800
-
-
surtax
-
55
-
-
total
-
2 855
-
-
Dividends
-
11 145
-
-
withholding

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

-
3 000
-
-
total
-
3 000
-
-
Income
14 000
14 000
14 000
14 000
Total tax
52 724
5 855
7 494
7 772
After tax
-38 724
8 145
6 506
6 228
Living cost
34 395
34 395
34 395
34 395
Free-cash
-73 119
-26 250
-27 889
-28 167

Estimated living cost  is ₽34395 per week

₽22155
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3007
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽47926
-₽32484
-₽24452
-₽27657
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
183
income
-
-
-
1 504
pensions
-
-
-
5 741
other
-
-
-
20
unemployment
-
-
-
141
total
-
-
-
7 589
Employee
46 957
-
3 957
-
unemployment
729
-
489
-
pensions
2 207
-
1 480
-
income
9 908
-
372
-
other
47
-
32
-
total
12 891
-
2 373
-
Employer
46 957
-
3 957
-
pensions
11 081
-
7 435
-
other
374
-
252
-
unemployment
2 583
-
1 733
-
accident
929
-
623
-
total
14 967
-
10 043
-
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.

-
2 100
-
-
total
-
2 100
-
-
Dividends
-
11 900
-
-
withholding
-
2 284
-
-
total
-
2 284
-
-
Income
14 000
14 000
14 000
14 000
Total tax
27 858
4 384
12 416
7 589
After tax
-13 858
9 616
1 584
6 411
Living cost
34 068
34 068
34 068
34 068
Free-cash
-47 926
-24 452
-32 484
-27 657

Estimated living cost  is ₽34068 per week

₽25087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2417
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6072
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽65973
-₽48432
-₽41687
-₽48431
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
405
health
-
-
-
3 366
income
-
-
-
-
surtax
-
-
-
213
pensions
-
-
-
7 182
communal
-
-
-
-
total
-
-
-
11 166
Employee
71 438
-
8 635
-
pensions
5 714
-
3 591
-
health
3 179
-
1 998
-
income
6 900
-
-
-
surtax
4 379
-
213
-
total
20 172
-
5 802
-
Employer
71 438
-
8 635
-
pensions
5 714
-
3 591
-
health
2 179
-
1 369
-
accident
643
-
405
-
total
8 536
-
5 365
-
Corporate
-
14 000
-
-
income
-
2 100
-
-
communal
-
-
-
-
surtax
-
147
-
-
total
-
2 247
-
-
Dividends
-
11 753
-
-
income
-
412
-
-
withholding
-
1 763
-
-
total
-
2 175
-
-
Income
14 000
14 000
14 000
14 000
Total tax
28 708
4 422
11 167
11 166
After tax
-14 708
9 578
2 833
2 834
Living cost
51 265
51 265
51 265
51 265
Free-cash
-65 973
-41 687
-48 432
-48 431

Estimated living cost  is ₽51265 per week

₽38456
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3106
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.
₽9158
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24458
-₽13736
-₽12381
-₽13195
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
994
income
-
-
-
1 998
surtax
-
-
-
-
pensions
-
-
-
2 800
other
-
-
-
-
unemployment
-
-
-
215
total
-
-
-
6 007
Employee
31 768
-
11 351
-
unemployment
2 211
-
875
-
pensions
2 120
-
840
-
health
811
-
320
-
income
5 326
-
1 864
-
other
-
-
-
-
surtax
113
-
-
-
total
10 581
-
3 899
-
Employer
31 768
-
11 351
-
pensions
4 236
-
1 677
-
other
-
-
-
-
health
1 445
-
573
-
unemployment
1 008
-
399
-
total
6 689
-
2 649
-
Corporate
-
14 000
-
-
income
-
3 639
-
-
total
-
3 639
-
-
Dividends
-
10 361
-
-
withholding
-
1 554
-
-
total
-
1 554
-
-
Income
14 000
14 000
14 000
14 000
Total tax
17 270
5 193
6 548
6 007
After tax
-3 270
8 807
7 452
7 993
Living cost
21 188
21 188
21 188
21 188
Free-cash
-24 458
-12 381
-13 736
-13 195

Estimated living cost  is ₽21188 per week

₽12793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1842
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6063
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
-₽38329
-₽22138
-₽18053
-₽20451
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 311
municipal
-
-
-
54
regional
-
-
-
136
national
-
-
-
1 538
total
-
-
-
9 039
Employee
52 328
-
14 000
-
regional
704
-
90
-
municipal
277
-
36
-
national
8 290
-
1 015
-
social contributions
17 646
-
9 585
-
total
26 917
-
10 726
-
Employer
52 328
-
14 000
-
total
-
-
-
-
Corporate
-
14 000
-
-
municipal
-
696
-
-
nationa
-
3 360
-
-
total
-
4 056
-
-
Dividends
-
9 943
-
-
withholding
-
2 585
-
-
total
-
2 585
-
-
Income
14 000
14 000
14 000
14 000
Total tax
26 917
6 641
10 726
9 039
After tax
-12 917
7 359
3 274
4 961
Living cost
25 412
25 412
25 412
25 412
Free-cash
-38 329
-18 053
-22 138
-20 451

Estimated living cost  is ₽25412 per week

₽15804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6599
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽42879
-₽21759
-₽19225
-₽22045
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
42 446
-
10 448
-
solidarity contribution
-
-
-
-
health
5 730
-
1 410
-
social contributions
2 759
-
679
-
income
5 094
-
1 254
-
total
13 583
-
3 343
-
Employer
42 446
-
10 448
-
health
3 820
-
940
-
social contributions
10 612
-
2 612
-
total
14 432
-
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
28 015
4 361
6 895
7 181
After tax
-14 015
9 639
7 105
6 819
Living cost
28 864
28 864
28 864
28 864
Free-cash
-42 879
-19 225
-21 759
-22 045

Estimated living cost  is ₽28864 per week

₽21465
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1599
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽39997
-₽28396
-₽37392
-₽25598
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 071
surtax
-
-
-
-
income
-
-
-
-
chamber of commerce
-
-
-
55
pensions
-
-
-
2 590
unemployment
-
-
-
5 786
total
-
-
-
9 502
Employee
41 236
37 593
37 593
-
unemployment
1 237
1 128
283
-
pensions
4 223
3 849
963
-
health
1 595
1 455
363
-
income
3 673
2 773
4 416
-
other
412
376
95
-
total
11 140
9 581
6 120
-
Employer
41 236
37 593
37 593
-
chamber of commerce
165
150
150
-
pensions
5 175
4 719
1 182
-
other
1 958
1 785
1 547
-
health
1 559
1 421
356
-
unemployment
1 237
1 128
283
-
accident
535
489
120
-
surtax
-
-
-
-
payroll
1 237
1 128
1 128
-
total
11 866
10 820
4 766
-
Corporate
3 580
3 580
5 654
-
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.

895
895
1 414
-
total
895
895
1 414
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
14 000
14 000
14 000
14 000
Total tax
23 901
21 296
12 300
9 502
After tax
-9 901
-7 296
1 700
4 498
Living cost
30 096
30 096
30 096
30 096
Free-cash
-39 997
-37 392
-28 396
-25 598

Estimated living cost  is ₽30096 per week

₽18054
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8432
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽990
-₽792
₽1308
₽1868
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 990
-
14 000
-
income
2 998
-
2 800
-
total
2 998
-
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
2 998
700
2 800
140
After tax
11 002
13 300
11 200
13 860
Living cost
11 992
11 992
11 992
11 992
Free-cash
-990
1 308
-792
1 868

Estimated living cost  is ₽11992 per week

₽8115
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽34210
-₽17373
-₽15664
-₽16866
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 378
income
-
-
-
1 608
pensions
-
-
-
2 556
unemployment
-
-
-
21
total
-
-
-
5 563
Employee

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

41 715
-
12 113
-
unemployment
59
-
16
-
pensions
6 466
-
1 878
-
health
2 694
-
782
-
income
7 194
-
1 509
-
total
16 413
-
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.

41 715
-
12 113
-
pensions
3 691
-
1 072
-
health
2 778
-
807
-
unemployment
25
-
7
-
total
6 494
-
1 886
-
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
22 907
4 361
6 071
5 563
After tax
-8 907
9 639
7 929
8 437
Living cost
25 302
25 302
25 302
25 302
Free-cash
-34 210
-15 664
-17 373
-16 866

Estimated living cost  is ₽25302 per week

₽17365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1622
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5827
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽128157
-₽40001
-₽32620
-₽31463
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
58 987
-
2 147
-
social contributions
4 837
-
689
-
income
13 011
-
321
-
total
17 848
-
1 010
-
Employer
58 987
-
2 147
-
social contributions
83 171
-
11 853
-
total
83 171
-
11 853
-
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
101 019
5 482
12 863
4 325
After tax
-87 019
8 518
1 137
9 675
Living cost
41 138
41 138
41 138
41 138
Free-cash
-128 157
-32 620
-40 001
-31 463

Estimated living cost  is ₽41138 per week

₽26692
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3869
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽39690
-₽20982
-₽21626
-₽21272
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
4 866
income
-
-
-
816
surtax
-
-
-
-
total
-
-
-
5 682
Employee
43 386
-
11 313
-
social contributions
4 773
-
1 244
-
income
9 024
-
1 461
-
surtax
-
-
-
-
total
13 797
-
2 705
-
Employer
43 386
-
11 313
-
social contributions
10 304
-
2 687
-
total
10 304
-
2 687
-
Corporate
-
14 000
-
-
income
-
2 939
-
-
surtax
-
-
-
-
total
-
2 939
-
-
Dividends
-
11 061
-
-
withholding
-
3 097
-
-
total
-
3 097
-
-
Income
14 000
14 000
14 000
14 000
Total tax
24 101
6 036
5 392
5 682
After tax
-10 101
7 964
8 608
8 318
Living cost
29 590
29 590
29 590
29 590
Free-cash
-39 690
-21 626
-20 982
-21 272

Estimated living cost  is ₽29590 per week

₽22139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5211
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽63535
-₽36404
-₽38506
-₽37770
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
397
health
-
-
-
251
income
-
-
-
-
surtax
-
-
-
-
pensions
-
-
-
5 127
other
-
-
-
433
total
-
-
-
6 208
Employee
59 083
-
10 669
-
pensions
6 683
-
1 207
-
social contributions
1 683
-
304
-
income
5 155
-
-
-
surtax
-
-
-
-
total
13 521
-
1 511
-
Employer
59 083
-
10 669
-
pensions
9 708
-
1 753
-
other
2 039
-
369
-
health
4 135
-
746
-
unemployment
2 393
-
431
-
social contributions
177
-
32
-
total
18 452
-
3 331
-
Corporate
-
14 000
-
-
income
-
3 920
-
-
surtax
-
-
-
-
total
-
3 920
-
-
Dividends
-
10 080
-
-
surtax
-
-
-
-
social contributions
-
1 733
-
-
withholding
-
1 291
-
-
total
-
3 024
-
-
Income
14 000
14 000
14 000
14 000
Total tax
31 973
6 944
4 842
6 208
After tax
-17 973
7 056
9 158
7 792
Living cost
45 562
45 562
45 562
45 562
Free-cash
-63 535
-38 506
-36 404
-37 770

Estimated living cost  is ₽45562 per week

₽30836
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10374
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21028
-₽17022
-₽15756
-₽17435
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 079
income
-
-
-
-
total
-
-
-
3 079
Employee
30 327
-
12 120
-
social contributions
1 971
-
788
-
income
-
-
-
-
total
1 971
-
788
-
Employer
30 327
-
12 120
-
social contributions
4 701
-
1 878
-
total
4 701
-
1 878
-
Corporate
-
14 000
-
-
income
-
1 400
-
-
total
-
1 400
-
-
Dividends
-
12 600
-
-
total
-
-
-
-
Income
14 000
14 000
14 000
14 000
Total tax
6 672
1 400
2 666
3 079
After tax
7 328
12 600
11 334
10 921
Living cost
28 356
28 356
28 356
28 356
Free-cash
-21 028
-15 756
-17 022
-17 435

Estimated living cost  is ₽28356 per week

₽18335
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2137
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7350
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽191347
-₽191347
-₽191347
-₽33720
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
196
pensions
-
-
-
817
labour market
-
-
-
1 055
national
-
-
-
262
total
-
-
-
2 330
Employee
191 582
191 582
191 582
-
pensions
272
272
272
-
municipal
40 796
40 796
40 796
-
national
23 405
23 405
23 405
-
labour market
15 305
15 305
15 305
-
total
79 778
79 778
79 778
-
Employer
191 582
191 582
191 582
-
municipal
40 861
40 861
40 861
-
pensions
545
545
545
-
national
23 446
23 446
23 446
-
labour market
15 327
15 327
15 327
-
total
80 179
80 179
80 179
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
14 000
14 000
14 000
14 000
Total tax
159 957
159 957
159 957
2 330
After tax
-145 957
-145 957
-145 957
11 670
Living cost
45 390
45 390
45 390
45 390
Free-cash
-191 347
-191 347
-191 347
-33 720

Estimated living cost  is ₽45390 per week

₽31066
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4015
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽698
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽25310
-₽13366
-₽19625
-₽14731
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
242
health
-
-
-
2 089
income
-
-
-
1 301
pensions
-
-
-
3 985
other
-
-
-
355
total
-
-
-
7 972
Employee
32 656
-
11 630
-
pensions
3 677
-
1 309
-
health
3 739
-
1 332
-
income
4 480
-
1 596
-
total
11 896
-
4 237
-
Employer
32 656
-
11 630
-
pensions
5 310
-
1 891
-
unemployment
800
-
285
-
accident
545
-
194
-
total
6 655
-
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
18 551
12 866
6 607
7 972
After tax
-4 551
1 134
7 393
6 028
Living cost
20 759
20 759
20 759
20 759
Free-cash
-25 310
-19 625
-13 366
-14 731

Estimated living cost  is ₽20759 per week

₽15111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1183
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽390
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4076
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽44995
-₽27357
-₽26530
-₽24738
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
municipal
-
-
-
2 521
national
-
-
-
-
total
-
-
-
2 521
Employee
49 631
-
11 777
-
unemployment
745
-
177
-
pensions
3 349
-
795
-
municipal
8 129
-
1 944
-
national
820
-
-
-
health
371
-
-
-
total
13 414
-
2 916
-
Employer
49 631
-
11 777
-
pensions
8 611
-
2 043
-
health
381
-
91
-
unemployment
322
-
77
-
accident
50
-
13
-
total
9 364
-
2 224
-
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
22 778
4 313
5 140
2 521
After tax
-8 778
9 687
8 860
11 479
Living cost
36 217
36 217
36 217
36 217
Free-cash
-44 995
-26 530
-27 357
-24 738

Estimated living cost  is ₽36217 per week

₽23657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3484
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8501
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22397
-₽20925
-₽29172
-₽14350
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 861
social contributions
-
-
-
5 594
health
-
-
-
915
income
-
-
-
-
total
-
-
-
6 509
Employee
72 538
72 538
72 538
-
health
562
1 233
415
-
social contributions
2 743
6 020
2 030
-
income
7 898
6 715
8 156
-
total
11 203
13 968
10 601
-
Employer
72 538
72 538
72 538
-
health
610
1 343
453
-
social contributions
2 743
6 020
2 030
-
total
3 353
7 363
2 483
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
14 000
14 000
14 000
14 000
Total tax
14 556
21 331
13 084
6 509
After tax
-556
-7 331
916
7 491
Living cost
21 841
21 841
21 841
21 841
Free-cash
-22 397
-29 172
-20 925
-14 350

Estimated living cost  is ₽21841 per week

₽13090
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2143
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9879
-₽7365
-₽3383
-₽10829
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 414
income
-
-
-
410
pensions
-
-
-
6 001
unemployment
-
-
-
27
total
-
-
-
9 852
Employee

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

21 653
-
12 307
-
unemployment
107
-
82
-
pensions
3 247
-
2 465
-
health
1 840
-
1 396
-
income
1 480
-
752
-
total
6 674
-
4 695
-
Employer

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

21 653
-
12 307
-
pensions
1 190
-
904
-
health
931
-
707
-
unemployment
107
-
82
-
total
2 228
-
1 693
-
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
8 902
2 406
6 388
9 852
After tax
5 098
11 594
7 612
4 148
Living cost
14 977
14 977
14 977
14 977
Free-cash
-9 879
-3 383
-7 365
-10 829

Estimated living cost  is ₽14977 per week

₽9556
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1079
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽32001
-₽24357
-₽16325
-₽19530
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
183
income
-
-
-
1 504
pensions
-
-
-
5 741
other
-
-
-
20
unemployment
-
-
-
141
total
-
-
-
7 589
Employee
34 881
-
3 957
-
unemployment
541
-
489
-
pensions
1 640
-
1 480
-
income
6 725
-
372
-
other
34
-
32
-
total
8 940
-
2 373
-
Employer
34 881
-
3 957
-
pensions
8 231
-
7 435
-
other
279
-
252
-
unemployment
1 919
-
1 733
-
accident
691
-
623
-
total
11 120
-
10 043
-
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.

-
2 100
-
-
total
-
2 100
-
-
Dividends
-
11 900
-
-
withholding
-
2 284
-
-
total
-
2 284
-
-
Income
14 000
14 000
14 000
14 000
Total tax
20 060
4 384
12 416
7 589
After tax
-6 060
9 616
1 584
6 411
Living cost
25 941
25 941
25 941
25 941
Free-cash
-32 001
-16 325
-24 357
-19 530

Estimated living cost  is ₽25941 per week

₽17510
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2494
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.
₽5483
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6597
₽6054
₽6899
₽6184
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
971
income
-
-
-
3 668
pensions
-
-
-
1 340
total
-
-
-
5 979
Employee
2 797
-
12 493
-
unemployment
28
-
67
-
pensions
252
-
603
-
health
140
-
335
-
income
541
-
3 597
-
total
961
-
4 602
-
Employer
2 797
-
12 493
-
pensions
308
-
737
-
health
266
-
636
-
unemployment
56
-
134
-
total
630
-
1 507
-
Corporate
10 573
14 000
-
-
income
2 326
3 080
-
-
total
2 326
3 080
-
-
Dividends
8 247
10 920
-
-
withholding
1 649
2 184
-
-
total
1 649
2 184
-
-
Income
14 000
14 000
14 000
14 000
Total tax
5 566
5 264
6 109
5 979
After tax
8 434
8 736
7 891
8 021
Living cost
1 837
1 837
1 837
1 837
Free-cash
6 597
6 899
6 054
6 184

Estimated living cost  is ₽1837 per week

₽1091
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14995
-₽7641
-₽6194
-₽8243
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
642
pensions
-
-
-
3 640
unemployment
-
-
-
210
total
-
-
-
5 934
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.

24 593
-
11 874
-
unemployment
184
-
89
-
pensions
3 443
-
1 662
-
health
1 267
-
612
-
income
3 390
-
843
-
total
8 284
-
3 206
-
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.

24 593
-
11 874
-
pensions
2 951
-
1 425
-
health
1 267
-
612
-
unemployment
184
-
89
-
total
4 402
-
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
12 686
3 885
5 332
5 934
After tax
1 314
10 115
8 668
8 066
Living cost
16 309
16 309
16 309
16 309
Free-cash
-14 995
-6 194
-7 641
-8 243

Estimated living cost  is ₽16309 per week

₽10981
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1262
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3595
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31309
-₽16824
-₽17468
-₽17114
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
4 866
income
-
-
-
816
surtax
-
-
-
-
total
-
-
-
5 682
Employee
36 613
-
11 313
-
social contributions
4 028
-
1 244
-
income
7 154
-
1 461
-
surtax
-
-
-
-
total
11 182
-
2 705
-
Employer
36 613
-
11 313
-
social contributions
8 695
-
2 687
-
total
8 695
-
2 687
-
Corporate
-
14 000
-
-
income
-
2 939
-
-
surtax
-
-
-
-
total
-
2 939
-
-
Dividends
-
11 061
-
-
withholding
-
3 097
-
-
total
-
3 097
-
-
Income
14 000
14 000
14 000
14 000
Total tax
19 877
6 036
5 392
5 682
After tax
-5 877
7 964
8 608
8 318
Living cost
25 432
25 432
25 432
25 432
Free-cash
-31 309
-17 468
-16 824
-17 114

Estimated living cost  is ₽25432 per week

₽18013
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1767
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5202
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽46085
-₽31569
-₽23537
-₽26742
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
183
income
-
-
-
1 504
pensions
-
-
-
5 741
other
-
-
-
20
unemployment
-
-
-
141
total
-
-
-
7 589
Employee
45 559
-
3 957
-
unemployment
705
-
489
-
pensions
2 141
-
1 480
-
income
9 516
-
372
-
other
45
-
32
-
total
12 407
-
2 373
-
Employer
45 559
-
3 957
-
pensions
10 752
-
7 435
-
other
365
-
252
-
unemployment
2 506
-
1 733
-
accident
902
-
623
-
total
14 525
-
10 043
-
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.

-
2 100
-
-
total
-
2 100
-
-
Dividends
-
11 900
-
-
withholding
-
2 284
-
-
total
-
2 284
-
-
Income
14 000
14 000
14 000
14 000
Total tax
26 932
4 384
12 416
7 589
After tax
-12 932
9 616
1 584
6 411
Living cost
33 153
33 153
33 153
33 153
Free-cash
-46 085
-23 537
-31 569
-26 742

Estimated living cost  is ₽33153 per week

₽23809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2578
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11712
-₽7395
-₽4263
-₽8071
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 610
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
-
-
-
5 838
Employee
21 495
-
11 703
-
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.

1 887
-
1 027
-
health
989
-
538
-
income
2 150
-
1 170
-
total
5 262
-
2 864
-
Employer
21 495
-
11 703
-
pensions

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

2 369
-
1 290
-
health
1 483
-
808
-
unemployment
129
-
71
-
accident

We are using the highest rate at 1.1%.

236
-
129
-
total
4 217
-
2 298
-
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
9 479
2 030
5 162
5 838
After tax
4 521
11 970
8 838
8 162
Living cost
16 233
16 233
16 233
16 233
Free-cash
-11 712
-4 263
-7 395
-8 071

Estimated living cost  is ₽16233 per week

₽10736
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽929
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.
₽4181
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽32938
-₽28865
-₽28965
-₽28865
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 445
trade
-
-
-
-
income

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

-
-
-
-
surtax

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

-
-
-
-
total
-
-
-
6 445
Employee

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

46 937
-
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.

6 445
-
6 445
-
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.

3 860
-
-
-
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.

213
-
-
-
total
10 518
-
6 445
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
14 000
-
-
income
-
2 100
-
-
chamber of commerce
-
163
-
-
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
-
-
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.

-
113
-
-
withholding
-
2 044
-
-
total
-
2 157
-
-
Income
14 000
14 000
14 000
14 000
Total tax
10 518
6 545
6 445
6 445
After tax
3 482
7 455
7 555
7 555
Living cost
36 420
36 420
36 420
36 420
Free-cash
-32 938
-28 965
-28 865
-28 865

Estimated living cost  is ₽36420 per week

₽25123
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3919
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6849
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽59791
-₽39785
-₽43939
-₽39785
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
202
income
-
-
-
-154
total
-
-
-
48
Employee
73 790
-
14 000
-
social contributions
6 130
-
202
-
income
13 924
-
-154
-
total
20 054
-
48
-
Employer
73 790
-
14 000
-
total
-
-
-
-
Corporate
-
14 000
-
-
income
-
1 751
-
-
total
-
1 751
-
-
Dividends
-
12 249
-
-
withholding
-
2 451
-
-
total
-
2 451
-
-
Income
14 000
14 000
14 000
14 000
Total tax
20 054
4 202
48
48
After tax
-6 054
9 798
13 952
13 952
Living cost
53 737
53 737
53 737
53 737
Free-cash
-59 791
-43 939
-39 785
-39 785

Estimated living cost  is ₽53737 per week

₽40882
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7963
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽36427
-₽23523
-₽27959
-₽52883
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 852
health

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

-
-
-
5 788
total
-
-
-
32 640
Employee
43 275
-
12 360
-
social contributions
4 336
-
1 640
-
income
4 696
-
-
-
total
9 032
-
1 640
-
Employer
43 275
-
12 360
-
social contributions
4 336
-
1 640
-
total
4 336
-
1 640
-
Corporate
-
14 000
-
-
income
-
4 900
-
-
total
-
4 900
-
-
Dividends
-
9 100
-
-
social contributions
2 816
2 816
-
-
total
2 816
2 816
-
-
Income
14 000
14 000
14 000
14 000
Total tax
16 184
7 716
3 280
32 640
After tax
-2 184
6 284
10 720
-18 640
Living cost
34 243
34 243
34 243
34 243
Free-cash
-36 427
-27 959
-23 523
-52 883

Estimated living cost  is ₽34243 per week

₽22556
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2700
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8462
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽38678
-₽23379
-₽23773
-₽23304
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 740
pensions
-
-
-
301
total
-
-
-
3 041
Employee
47 031
-
13 604
-
pensions
3 590
-
-
-
health
614
-
-
-
income
8 565
-
2 720
-
total
12 769
-
2 720
-
Employer
47 031
-
13 604
-
pensions
4 752
-
138
-
health
894
-
258
-
total
5 646
-
396
-
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.

-
2 659
-
-
total
-
2 659
-
-
Dividends
-
11 341
-
-
withholding
-
851
-
-
total
-
851
-
-
Income
14 000
14 000
14 000
14 000
Total tax
18 415
3 510
3 116
3 041
After tax
-4 415
10 490
10 884
10 959
Living cost
34 263
34 263
34 263
34 263
Free-cash
-38 678
-23 773
-23 379
-23 304

Estimated living cost  is ₽34263 per week

₽23504
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7177
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽29202
-₽15422
-₽21681
-₽16787
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
242
health
-
-
-
2 089
income
-
-
-
1 301
pensions
-
-
-
3 985
other
-
-
-
355
total
-
-
-
7 972
Employee
35 888
-
11 630
-
pensions
4 041
-
1 309
-
health
4 109
-
1 332
-
income
4 924
-
1 596
-
total
13 074
-
4 237
-
Employer
35 888
-
11 630
-
pensions
5 835
-
1 891
-
unemployment
879
-
285
-
accident
599
-
194
-
total
7 313
-
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
20 387
12 866
6 607
7 972
After tax
-6 387
1 134
7 393
6 028
Living cost
22 815
22 815
22 815
22 815
Free-cash
-29 202
-21 681
-15 422
-16 787

Estimated living cost  is ₽22815 per week

₽16743
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1329
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.
₽4282
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6374
-₽3984
-₽834
-₽3984
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
2 576
unemployment
-
-
-
168
work injury
-
-
-
70
total
-
-
-
5 250
Employee

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

20 374
-
14 000
-
unemployment
244
-
168
-
pensions
3 749
-
2 576
-
work injury
102
-
70
-
income
2 037
-
1 400
-
health insurance
1 508
-
1 036
-
total
7 640
-
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
7 640
2 100
5 250
5 250
After tax
6 360
11 900
8 750
8 750
Living cost
12 734
12 734
12 734
12 734
Free-cash
-6 374
-834
-3 984
-3 984

Estimated living cost  is ₽12734 per week

₽7889
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3522
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽65491
-₽34296
-₽30205
-₽32606
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
14 000
social contributions
-
-
-
7 311
municipal
-
-
-
61
regional
-
-
-
116
national
-
-
-
1 538
total
-
-
-
9 026
Employee
79 492
-
14 000
-
regional
1 200
-
77
-
municipal
474
-
39
-
national
13 433
-
1 015
-
social contributions
26 804
-
9 585
-
total
41 911
-
10 716
-
Employer
79 492
-
14 000
-
total
-
-
-
-
Corporate
-
14 000
-
-
municipal
-
675
-
-
nationa
-
3 360
-
-
total
-
4 035
-
-
Dividends
-
9 965
-
-
withholding
-
2 590
-
-
total
-
2 590
-
-
Income
14 000
14 000
14 000
14 000
Total tax
41 911
6 625
10 716
9 026
After tax
-27 911
7 375
3 284
4 974
Living cost
37 580
37 580
37 580
37 580
Free-cash
-65 491
-30 205
-34 296
-32 606

Estimated living cost  is ₽37580 per week

₽26398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
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.
₽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

Source of data for Rome model

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Estimated living cost

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