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
-₽21130
-₽20852
-₽20852
-₽21910
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
-
surtax

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

-
-
-
-
health

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

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

-
-
-
6 414
trade
-
-
-
-
total
-
-
-
6 414
Employee

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

35 910
-
14 000
-
surtax

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

55
-
-
-
income

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

1 003
-
-
-
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.

6 414
-
6 414
-
total
7 472
-
6 414
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
14 000
-
-
income
-
2 101
-
-
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
-
-
chamber of commerce
-
162
-
-
trade
-
2 206
-
-
total
-
4 585
-
-
Dividends
-
9 416
-
-
surtax

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

-
110
-
-
withholding
-
1 997
-
-
total
-
2 107
-
-
Income
14 000
14 000
14 000
14 000
Total tax
7 472
6 692
6 414
6 414
After tax
6 528
7 308
7 586
7 586
Living cost
28 438
28 438
28 438
28 438
Free-cash
-21 910
-21 130
-20 852
-20 852

Estimated living cost  is ₽28438 per week

₽17888
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3316
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6703
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽41215
-₽38700
-₽38810
-₽70460
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
14 000
social contributions
-
-
-
150
municipal
-
-
-
404
national
-
-
-
625
pensions
-
-
-
1 680
total
-
-
-
2 859
Employee
77 434
-
12 103
-
municipal
9 564
-
458
-
pensions
3 097
-
484
-
national
14 821
-
709
-
total
27 482
-
1 651
-
Employer
77 434
-
12 103
-
pensions
6 195
-
968
-
social contributions
832
-
130
-
total
7 027
-
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
34 509
5 264
2 749
2 859
After tax
-20 509
8 736
11 251
11 141
Living cost
49 951
49 951
49 951
49 951
Free-cash
-70 460
-41 215
-38 700
-38 810

Estimated living cost  is ₽49951 per week

₽33951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10609
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8334
-₽11498
-₽10590
-₽20043
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
-
surtax
-
-
-
-
social contributions

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

-
-
-
2 956
microenterprise
-
-
-
2 101
total
-
-
-
5 057
Employee
27 434
-
11 281
-
surtax
-
-
-
-
social contributions

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

3 018
-
1 240
-
income
4 884
-
2 008
-
total
7 902
-
3 248
-
Employer
27 434
-
11 281
-
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.

6 608
-
2 717
-
surtax
-
-
-
-
total
6 608
-
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%.

-
2 801
-
-
total
-
2 801
-
-
Dividends

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

-
11 199
-
-
total
-
-
-
-
Income
14 000
14 000
14 000
14 000
Total tax
14 510
2 801
5 965
5 057
After tax
-510
11 199
8 035
8 943
Living cost
19 533
19 533
19 533
19 533
Free-cash
-20 043
-8 334
-11 498
-10 590

Estimated living cost  is ₽19533 per week

₽12461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1860
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4768
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽73961
-₽79232
-₽31261
-₽79232
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 260
health
-
-
-
2 149
pensions
-
-
-
2 521
total
-
-
-
5 930
Employee
80 176
80 176
80 176
-
pensions
14 432
11 000
14 432
-
income

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

13 124
13 124
13 124
-
health
12 306
10 467
12 306
-
total
39 862
34 591
39 862
-
Employer
80 176
80 176
80 176
-
health
5 573
5 573
5 573
-
pensions
5 580
5 580
5 580
-
unemployment
2 886
2 886
2 886
-
total
14 039
14 039
14 039
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
14 000
14 000
14 000
14 000
Total tax
53 901
48 630
53 901
5 930
After tax
-39 901
-34 630
-39 901
8 070
Living cost
39 331
39 331
39 331
39 331
Free-cash
-79 232
-73 961
-79 232
-31 261

Estimated living cost  is ₽39331 per week

₽27873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3546
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.
₽7287
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30119
-₽30287
-₽30784
-₽56717
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
1 627
unemployment
-
-
-
14
health
-
-
-
874
municipal
-
-
-
2 965
national
-
-
-
-
pensions
-
-
-
1 513
total
-
-
-
7 021
Employee
53 808
-
10 653
-
municipal
16 046
-
3 177
-
national
-
-
-
-
total
16 046
-
3 177
-
Employer
53 808
-
10 653
-
health
3 309
-
655
-
pensions
5 817
-
1 152
-
accident
108
-
21
-
unemployment
1 421
-
281
-
other
6 253
-
1 238
-
total
16 908
-
3 347
-
Corporate
-
14 000
-
-
income
-
3 080
-
-
total
-
3 080
-
-
Dividends
-
10 920
-
-
withholding
-
3 276
-
-
total
-
3 276
-
-
Income
14 000
14 000
14 000
14 000
Total tax
32 954
6 356
6 524
7 021
After tax
-18 954
7 644
7 476
6 979
Living cost
37 763
37 763
37 763
37 763
Free-cash
-56 717
-30 119
-30 287
-30 784

Estimated living cost  is ₽37763 per week

₽25028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29647
-₽29297
-₽29297
-₽33612
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
-
surtax

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

-
-
-
-
health

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

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

-
-
-
6 414
trade
-
-
-
-
total
-
-
-
6 414
Employee

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

47 612
-
14 000
-
surtax

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

224
-
-
-
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.

4 091
-
-
-
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.

6 414
-
6 414
-
total
10 729
-
6 414
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
14 000
-
-
income
-
2 101
-
-
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
-
-
chamber of commerce
-
162
-
-
trade
-
2 304
-
-
total
-
4 683
-
-
Dividends
-
9 318
-
-
surtax

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

-
109
-
-
withholding
-
1 972
-
-
total
-
2 081
-
-
Income
14 000
14 000
14 000
14 000
Total tax
10 729
6 764
6 414
6 414
After tax
3 271
7 236
7 586
7 586
Living cost
36 883
36 883
36 883
36 883
Free-cash
-33 612
-29 647
-29 297
-29 297

Estimated living cost  is ₽36883 per week

₽24668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3889
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.
₽7775
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽37684
-₽29474
-₽22931
-₽32550
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 692
income
-
-
-
-
social contributions
-
-
-
5 568
health
-
-
-
910
total
-
-
-
6 478
Employee
72 195
72 195
72 195
-
social contributions
3 508
5 992
2 020
-
income
7 581
6 683
8 117
-
health
718
1 228
413
-
total
11 807
13 903
10 550
-
Employer
72 195
72 195
72 195
-
health
782
1 336
451
-
social contributions
3 508
5 992
2 020
-
total
4 290
7 328
2 471
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
14 000
14 000
14 000
14 000
Total tax
16 097
21 231
13 021
6 478
After tax
-2 097
-7 231
979
7 522
Living cost
30 453
30 453
30 453
30 453
Free-cash
-32 550
-37 684
-29 474
-22 931

Estimated living cost  is ₽30453 per week

₽20817
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8648
-₽8709
-₽7125
-₽15022
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 711
unemployment
-
-
-
210
health
-
-
-
980
pensions
-
-
-
1 400
total
-
-
-
4 301
Employee

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

The minimum wage is 138,000 HUF per month.

24 286
9 665
11 715
-
unemployment
364
145
176
-
pensions
2 429
967
1 172
-
income
2 969
1 182
1 432
-
health
1 700
677
820
-
total
7 462
2 971
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.

24 286
9 665
11 715
-
pensions
4 736
1 885
2 285
-
total
4 736
1 885
2 285
-
Corporate
-
2 450
-
-
income
-
220
-
-
total
-
220
-
-
Dividends
-
2 229
-
-
social contributions
-
324
-
-
withholding
-
424
-
-
total
-
748
-
-
Income
14 000
14 000
14 000
14 000
Total tax
12 198
5 824
5 885
4 301
After tax
1 802
8 176
8 115
9 699
Living cost
16 824
16 824
16 824
16 824
Free-cash
-15 022
-8 648
-8 709
-7 125

Estimated living cost  is ₽16824 per week

₽11481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3630
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11478
-₽12676
-₽13295
-₽21638
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
health
-
-
-
1 819
pensions
-
-
-
2 799
total
-
-
-
4 618
Employee
26 635
-
10 387
-
unemployment
426
-
171
-
pensions
533
-
214
-
income
2 999
-
-
-
total
3 958
-
385
-
Employer
26 635
-
10 387
-
health
3 462
-
1 390
-
pensions
5 327
-
2 138
-
unemployment
214
-
86
-
total
9 003
-
3 614
-
Corporate
-
14 000
-
-
income
-
2 801
-
-
total
-
2 801
-
-
Dividends
-
11 199
-
-
total
-
-
-
-
Income
14 000
14 000
14 000
14 000
Total tax
12 961
2 801
3 999
4 618
After tax
1 039
11 199
10 001
9 382
Living cost
22 677
22 677
22 677
22 677
Free-cash
-21 638
-11 478
-12 676
-13 295

Estimated living cost  is ₽22677 per week

₽15554
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1351
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19797
-₽13537
-₽14867
-₽25637
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
1 309
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
7 936
Employee
32 926
-
11 630
-
pensions
3 708
-
1 309
-
income
4 517
-
1 595
-
health
3 770
-
1 332
-
total
11 995
-
4 236
-
Employer
32 926
-
11 630
-
pensions
5 354
-
1 891
-
accident
550
-
194
-
unemployment
807
-
285
-
total
6 711
-
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
18 706
12 866
6 606
7 936
After tax
-4 706
1 134
7 394
6 064
Living cost
20 931
20 931
20 931
20 931
Free-cash
-25 637
-19 797
-13 537
-14 867

Estimated living cost  is ₽20931 per week

₽15341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5749
₽3649
₽6309
₽4334
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 438
-
14 000
-
income
1 887
-
2 800
-
total
1 887
-
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%.

4 562
14 000
-
-
total
-
-
-
-
Dividends
4 562
14 000
-
-
withholding
228
700
-
-
total
228
700
-
-
Income
14 000
14 000
14 000
14 000
Total tax
2 115
700
2 800
140
After tax
11 885
13 300
11 200
13 860
Living cost
7 551
7 551
7 551
7 551
Free-cash
4 334
5 749
3 649
6 309

Estimated living cost  is ₽7551 per week

₽4680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2036
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14732
-₽16810
-₽17435
-₽28680
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 778
other
-
-
-
665
health
-
-
-
616
pensions

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

-
-
-
3 359
total
-
-
-
6 418
Employee
34 090
-
11 181
-
unemployment
340
-
112
-
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.

2 386
-
782
-
income
5 869
-
1 924
-
health
477
-
157
-
total
9 072
-
2 975
-
Employer
34 090
-
11 181
-
health
477
-
157
-
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.

5 796
-
1 901
-
accident
273
-
89
-
unemployment
340
-
112
-
other
1 705
-
559
-
total
8 591
-
2 818
-
Corporate
-
14 000
-
-
income
-
2 940
-
-
total
-
2 940
-
-
Dividends
-
11 060
-
-
withholding
-
775
-
-
total
-
775
-
-
Income
14 000
14 000
14 000
14 000
Total tax
17 663
3 715
5 793
6 418
After tax
-3 663
10 285
8 207
7 582
Living cost
25 017
25 017
25 017
25 017
Free-cash
-28 680
-14 732
-16 810
-17 435

Estimated living cost  is ₽25017 per week

₽17676
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5249
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽52506
-₽52089
-₽52041
-₽87348
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 738
pensions
-
-
-
307
total
-
-
-
3 045
Employee
89 130
-
13 635
-
pensions
8 599
-
-
-
income
16 067
-
2 728
-
health
1 469
-
-
-
total
26 135
-
2 728
-
Employer
89 130
-
13 635
-
health
1 693
-
259
-
pensions
10 524
-
106
-
total
12 217
-
365
-
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
38 352
3 510
3 093
3 045
After tax
-24 352
10 490
10 907
10 955
Living cost
62 996
62 996
62 996
62 996
Free-cash
-87 348
-52 506
-52 089
-52 041

Estimated living cost  is ₽62996 per week

₽47204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7402
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽340
-₽3471
-₽4148
-₽5497
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 100
unemployment
-
-
-
56
health
-
-
-
1 610
pensions

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

-
-
-
2 072
total
-
-
-
5 838
Employee
16 300
-
11 703
-
accident

We are using the highest rate at 1.1%.

179
-
128
-
pensions

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

1 431
-
1 028
-
income
1 630
-
1 171
-
health
750
-
538
-
total
3 990
-
2 865
-
Employer
16 300
-
11 703
-
health
1 125
-
808
-
pensions

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

1 796
-
1 290
-
accident

We are using the highest rate at 1.1%.

179
-
128
-
unemployment
97
-
70
-
total
3 197
-
2 296
-
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
7 187
2 030
5 161
5 838
After tax
6 813
11 970
8 839
8 162
Living cost
12 310
12 310
12 310
12 310
Free-cash
-5 497
-340
-3 471
-4 148

Estimated living cost  is ₽12310 per week

₽7187
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3918
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽86692
-₽91963
-₽43992
-₽88286
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 260
health
-
-
-
2 149
pensions
-
-
-
2 521
total
-
-
-
5 930
Employee
87 046
80 176
80 176
-
pensions
11 000
11 000
14 432
-
income

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

13 124
13 124
13 124
-
health
10 859
10 467
12 306
-
total
34 983
34 591
39 862
-
Employer
87 046
80 176
80 176
-
health
6 049
5 573
5 573
-
pensions
6 058
5 580
5 580
-
unemployment
3 134
2 886
2 886
-
total
15 241
14 039
14 039
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
14 000
14 000
14 000
14 000
Total tax
50 224
48 630
53 901
5 930
After tax
-36 224
-34 630
-39 901
8 070
Living cost
52 062
52 062
52 062
52 062
Free-cash
-88 286
-86 692
-91 963
-43 992

Estimated living cost  is ₽52062 per week

₽38405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8411
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13351
-₽15885
-₽16171
-₽31304
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 203
social contributions
-
-
-
4 088
solidarity contribution
-
-
-
-
health
-
-
-
1 890
total
-
-
-
7 181
Employee
33 809
-
10 448
-
solidarity contribution
-
-
-
-
social contributions
2 198
-
679
-
income
4 057
-
1 254
-
health
4 564
-
1 410
-
total
10 819
-
3 343
-
Employer
33 809
-
10 448
-
health
3 043
-
940
-
social contributions
8 452
-
2 612
-
total
11 495
-
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
22 314
4 361
6 895
7 181
After tax
-8 314
9 639
7 105
6 819
Living cost
22 990
22 990
22 990
22 990
Free-cash
-31 304
-13 351
-15 885
-16 171

Estimated living cost  is ₽22990 per week

₽15969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽32146
-₽36273
-₽34575
-₽69441
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 276
regional
-
-
-
82
municipal
-
-
-
53
national
-
-
-
1 547
total
-
-
-
8 958
Employee
83 442
-
14 000
-
municipal
442
-
36
-
national
14 458
-
1 026
-
regional
787
-
55
-
social contributions
28 137
-
9 539
-
total
43 824
-
10 656
-
Employer
83 442
-
14 000
-
total
-
-
-
-
Corporate
-
14 000
-
-
municipal
-
545
-
-
nationa
-
3 360
-
-
total
-
3 905
-
-
Dividends
-
10 095
-
-
withholding
-
2 624
-
-
total
-
2 624
-
-
Income
14 000
14 000
14 000
14 000
Total tax
43 824
6 529
10 656
8 958
After tax
-29 824
7 471
3 344
5 042
Living cost
39 617
39 617
39 617
39 617
Free-cash
-69 441
-32 146
-36 273
-34 575

Estimated living cost  is ₽39617 per week

₽27616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2598
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽608
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11912
-₽13247
-₽12726
-₽23583
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 999
other
-
-
-
-
surtax
-
-
-
-
unemployment
-
-
-
214
health
-
-
-
994
pensions
-
-
-
2 801
total
-
-
-
6 008
Employee
31 048
-
11 363
-
other
-
-
-
-
unemployment
2 161
-
871
-
pensions
2 070
-
836
-
surtax
102
-
-
-
income
5 204
-
1 867
-
health
793
-
319
-
total
10 330
-
3 893
-
Employer
31 048
-
11 363
-
health
1 413
-
570
-
pensions
4 139
-
1 669
-
unemployment
983
-
397
-
other
-
-
-
-
total
6 535
-
2 636
-
Corporate
-
14 000
-
-
income
-
3 640
-
-
total
-
3 640
-
-
Dividends
-
10 360
-
-
withholding
-
1 554
-
-
total
-
1 554
-
-
Income
14 000
14 000
14 000
14 000
Total tax
16 865
5 194
6 529
6 008
After tax
-2 865
8 806
7 471
7 992
Living cost
20 718
20 718
20 718
20 718
Free-cash
-23 583
-11 912
-13 247
-12 726

Estimated living cost  is ₽20718 per week

₽12668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1912
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5660
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽32547
-₽32130
-₽32082
-₽53333
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 738
pensions
-
-
-
307
total
-
-
-
3 045
Employee
59 733
-
13 635
-
pensions
5 070
-
-
-
income
10 758
-
2 728
-
health
867
-
-
-
total
16 695
-
2 728
-
Employer
59 733
-
13 635
-
health
1 135
-
259
-
pensions
6 466
-
106
-
total
7 601
-
365
-
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
24 296
3 510
3 093
3 045
After tax
-10 296
10 490
10 907
10 955
Living cost
43 037
43 037
43 037
43 037
Free-cash
-53 333
-32 547
-32 130
-32 082

Estimated living cost  is ₽43037 per week

₽32243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7117
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽67878
-₽65080
-₽62235
-₽81208
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
14 000
other

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

-
-
-
280
regional
-
-
-
-
health
-
-
-
242
city
-
-
-
145
national
-
-
-
-
pensions
-
-
-
1 288
total
-
-
-
1 955
Employee
86 926
-
11 413
-
unemployment
-
-
-
-
pensions
7 303
-
2 207
-
national
411
-
-
-
regional
2 846
-
-
-
city
933
-
107
-
health
197
-
25
-
total
11 690
-
2 339
-
Employer
86 926
-
11 413
-
health
197
-
25
-
pensions
7 303
-
2 207
-
unemployment
-
-
-
-
other

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

1 738
-
229
-
total
9 238
-
2 461
-
Corporate
-
14 000
-
-
regional
-
2 961
-
-
national
-
1 190
-
-
total
-
4 151
-
-
Dividends
-
9 849
-
-
withholding
-
3 447
-
-
total
-
3 447
-
-
Income
14 000
14 000
14 000
14 000
Total tax
20 928
7 598
4 800
1 955
After tax
-6 928
6 402
9 200
12 045
Living cost
74 280
74 280
74 280
74 280
Free-cash
-81 208
-67 878
-65 080
-62 235

Estimated living cost  is ₽74280 per week

₽48303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽912
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18399
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽35846
-₽35424
-₽35424
-₽42424
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
-
surtax

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

-
-
-
-
health

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

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

-
-
-
6 414
trade
-
-
-
-
total
-
-
-
6 414
Employee

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

56 425
-
14 000
-
surtax

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

365
-
-
-
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.

6 635
-
-
-
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.

6 414
-
6 414
-
total
13 414
-
6 414
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
14 000
-
-
income
-
2 101
-
-
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
-
-
chamber of commerce
-
162
-
-
trade
-
2 402
-
-
total
-
4 781
-
-
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
-
1 947
-
-
total
-
2 054
-
-
Income
14 000
14 000
14 000
14 000
Total tax
13 414
6 835
6 414
6 414
After tax
586
7 165
7 586
7 586
Living cost
43 010
43 010
43 010
43 010
Free-cash
-42 424
-35 846
-35 424
-35 424

Estimated living cost  is ₽43010 per week

₽31413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3440
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7599
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽25066
-₽22963
-₽24326
-₽38730
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
other
-
-
-
435
surtax
-
-
-
-
social contributions
-
-
-
399
health
-
-
-
249
pensions
-
-
-
5 121
total
-
-
-
6 204
Employee
40 183
-
10 666
-
pensions
4 543
-
1 206
-
surtax
-
-
-
-
social contributions
1 146
-
303
-
income
2 371
-
-
-
total
8 060
-
1 509
-
Employer
40 183
-
10 666
-
health
2 813
-
747
-
pensions
6 601
-
1 753
-
unemployment
1 627
-
431
-
social contributions
121
-
32
-
other
1 386
-
369
-
total
12 548
-
3 332
-
Corporate
-
14 000
-
-
income
-
3 920
-
-
surtax
-
-
-
-
total
-
3 920
-
-
Dividends
-
10 080
-
-
surtax
-
-
-
-
social contributions
-
1 734
-
-
withholding
-
1 290
-
-
total
-
3 024
-
-
Income
14 000
14 000
14 000
14 000
Total tax
20 608
6 944
4 841
6 204
After tax
-6 608
7 056
9 159
7 796
Living cost
32 122
32 122
32 122
32 122
Free-cash
-38 730
-25 066
-22 963
-24 326

Estimated living cost  is ₽32122 per week

₽20254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2612
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8711
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21884
-₽19781
-₽21144
-₽33070
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
other
-
-
-
435
surtax
-
-
-
-
social contributions
-
-
-
399
health
-
-
-
249
pensions
-
-
-
5 121
total
-
-
-
6 204
Employee
35 869
-
10 666
-
pensions
4 057
-
1 206
-
surtax
-
-
-
-
social contributions
1 023
-
303
-
income
1 849
-
-
-
total
6 929
-
1 509
-
Employer
35 869
-
10 666
-
health
2 510
-
747
-
pensions
5 894
-
1 753
-
unemployment
1 452
-
431
-
social contributions
107
-
32
-
other
1 238
-
369
-
total
11 201
-
3 332
-
Corporate
-
14 000
-
-
income
-
3 920
-
-
surtax
-
-
-
-
total
-
3 920
-
-
Dividends
-
10 080
-
-
surtax
-
-
-
-
social contributions
-
1 734
-
-
withholding
-
1 290
-
-
total
-
3 024
-
-
Income
14 000
14 000
14 000
14 000
Total tax
18 130
6 944
4 841
6 204
After tax
-4 130
7 056
9 159
7 796
Living cost
28 940
28 940
28 940
28 940
Free-cash
-33 070
-21 884
-19 781
-21 144

Estimated living cost  is ₽28940 per week

₽16784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8668
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11368
-₽11542
-₽10917
-₽20299
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 101
social contributions
-
-
-
1 931
health
-
-
-
976
total
-
-
-
5 008
Employee
31 834
-
14 000
-
social contributions
4 394
-
1 931
-
income
5 309
-
2 726
-
health
2 222
-
976
-
total
11 925
-
5 633
-
Employer
31 834
-
14 000
-
total
-
-
-
-
Corporate
-
14 000
-
-
income

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

-
700
-
-
total
-
700
-
-
Dividends
-
13 300
-
-
social contributions
1 637
1 835
-
-
withholding
-
1 996
-
-
health
828
928
-
-
total
2 465
4 759
-
-
Income
14 000
14 000
14 000
14 000
Total tax
14 390
5 459
5 633
5 008
After tax
-390
8 541
8 367
8 992
Living cost
19 909
19 909
19 909
19 909
Free-cash
-20 299
-11 368
-11 542
-10 917

Estimated living cost  is ₽19909 per week

₽13324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1228
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.
₽4898
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽40462
-₽31478
-₽28742
-₽47501
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
surtax
-
-
-
185
unemployment
-
-
-
5 758
chamber of commerce
-
-
-
55
health
-
-
-
1 071
pensions
-
-
-
2 591
total
-
-
-
9 660
Employee
46 921
37 416
37 416
-
other
469
374
94
-
unemployment
1 408
1 122
282
-
pensions
4 805
3 831
959
-
income
5 342
2 760
4 395
-
health
1 816
1 449
362
-
total
13 840
9 536
6 092
-
Employer
46 921
37 416
37 416
-
chamber of commerce
187
150
150
-
health
1 773
1 415
355
-
pensions
5 889
4 697
1 176
-
accident
609
486
118
-
unemployment
1 408
1 122
282
-
surtax
185
185
185
-
payroll
1 408
1 122
1 122
-
other
2 229
1 776
1 539
-
total
13 688
10 953
4 927
-
Corporate
3 563
3 563
5 510
-
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.

891
891
1 377
-
total
891
891
1 377
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
14 000
14 000
14 000
14 000
Total tax
28 419
21 380
12 396
9 660
After tax
-14 419
-7 380
1 604
4 340
Living cost
33 082
33 082
33 082
33 082
Free-cash
-47 501
-40 462
-31 478
-28 742

Estimated living cost  is ₽33082 per week

₽22065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2822
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26089
-₽27728
-₽27989
-₽72708
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
543
social contributions
-
-
-
4 950
national
-
-
-
2 263
total
-
-
-
7 756
Employee

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

67 159
-
10 845
-
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.

584
-
94
-
communal

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

3 503
-
565
-
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.

5 037
-
814
-
national
20 647
-
2 357
-
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.

3 155
-
510
-
total
32 926
-
4 340
-
Employer

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

67 159
-
10 845
-
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.

4 130
-
666
-
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.

5 951
-
960
-
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.

873
-
141
-
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.

980
-
159
-
surtax
7 615
-
1 229
-
total
19 549
-
3 155
-
Corporate
-
14 000
-
-
income
-
2 801
-
-
surtax
-
55
-
-
total
-
2 856
-
-
Dividends
-
11 144
-
-
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
52 475
5 856
7 495
7 756
After tax
-38 475
8 144
6 505
6 244
Living cost
34 233
34 233
34 233
34 233
Free-cash
-72 708
-26 089
-27 728
-27 989

Estimated living cost  is ₽34233 per week

₽22050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24294
-₽32276
-₽27473
-₽47633
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
182
income
-
-
-
1 509
other
-
-
-
20
unemployment
-
-
-
141
pensions
-
-
-
5 714
total
-
-
-
7 566
Employee
46 735
-
4 005
-
other
46
-
32
-
unemployment
725
-
486
-
pensions
2 197
-
1 473
-
income
9 861
-
383
-
total
12 829
-
2 374
-
Employer
46 735
-
4 005
-
pensions
11 029
-
7 399
-
accident
925
-
620
-
unemployment
2 571
-
1 725
-
other
372
-
251
-
total
14 897
-
9 995
-
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.

-
2 101
-
-
total
-
2 101
-
-
Dividends
-
11 899
-
-
withholding
-
2 286
-
-
total
-
2 286
-
-
Income
14 000
14 000
14 000
14 000
Total tax
27 726
4 387
12 369
7 566
After tax
-13 726
9 613
1 631
6 434
Living cost
33 907
33 907
33 907
33 907
Free-cash
-47 633
-24 294
-32 276
-27 473

Estimated living cost  is ₽33907 per week

₽24969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6044
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽41446
-₽48142
-₽48141
-₽65595
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
-
accident
-
-
-
403
income
-
-
-
-
surtax
-
-
-
217
health
-
-
-
3 350
pensions
-
-
-
7 148
total
-
-
-
11 118
Employee
71 101
-
8 660
-
pensions
5 687
-
3 574
-
surtax
4 358
-
217
-
income
6 868
-
-
-
health
3 164
-
1 988
-
total
20 077
-
5 779
-
Employer
71 101
-
8 660
-
health
2 168
-
1 363
-
pensions
5 687
-
3 574
-
accident
640
-
403
-
total
8 495
-
5 340
-
Corporate
-
14 000
-
-
communal
-
-
-
-
income
-
2 101
-
-
surtax
-
148
-
-
total
-
2 249
-
-
Dividends
-
11 751
-
-
income
-
412
-
-
withholding
-
1 762
-
-
total
-
2 174
-
-
Income
14 000
14 000
14 000
14 000
Total tax
28 572
4 423
11 119
11 118
After tax
-14 572
9 577
2 881
2 882
Living cost
51 023
51 023
51 023
51 023
Free-cash
-65 595
-41 446
-48 142
-48 141

Estimated living cost  is ₽51023 per week

₽38274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3091
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12282
-₽13617
-₽13096
-₽24275
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 999
other
-
-
-
-
surtax
-
-
-
-
unemployment
-
-
-
214
health
-
-
-
994
pensions
-
-
-
2 801
total
-
-
-
6 008
Employee
31 618
-
11 363
-
other
-
-
-
-
unemployment
2 200
-
871
-
pensions
2 110
-
836
-
surtax
112
-
-
-
income
5 301
-
1 867
-
health
807
-
319
-
total
10 530
-
3 893
-
Employer
31 618
-
11 363
-
health
1 438
-
570
-
pensions
4 216
-
1 669
-
unemployment
1 003
-
397
-
other
-
-
-
-
total
6 657
-
2 636
-
Corporate
-
14 000
-
-
income
-
3 640
-
-
total
-
3 640
-
-
Dividends
-
10 360
-
-
withholding
-
1 554
-
-
total
-
1 554
-
-
Income
14 000
14 000
14 000
14 000
Total tax
17 187
5 194
6 529
6 008
After tax
-3 187
8 806
7 471
7 992
Living cost
21 088
21 088
21 088
21 088
Free-cash
-24 275
-12 282
-13 617
-13 096

Estimated living cost  is ₽21088 per week

₽12732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17933
-₽21983
-₽20304
-₽38081
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 276
regional
-
-
-
137
municipal
-
-
-
53
national
-
-
-
1 547
total
-
-
-
9 013
Employee
52 081
-
14 000
-
municipal
276
-
36
-
national
8 251
-
1 026
-
regional
701
-
91
-
social contributions
17 562
-
9 539
-
total
26 790
-
10 692
-
Employer
52 081
-
14 000
-
total
-
-
-
-
Corporate
-
14 000
-
-
municipal
-
697
-
-
nationa
-
3 360
-
-
total
-
4 057
-
-
Dividends
-
9 943
-
-
withholding
-
2 585
-
-
total
-
2 585
-
-
Income
14 000
14 000
14 000
14 000
Total tax
26 790
6 642
10 692
9 013
After tax
-12 790
7 358
3 308
4 987
Living cost
25 291
25 291
25 291
25 291
Free-cash
-38 081
-17 933
-21 983
-20 304

Estimated living cost  is ₽25291 per week

₽15729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18691
-₽21225
-₽21511
-₽41827
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 203
social contributions
-
-
-
4 088
solidarity contribution
-
-
-
-
health
-
-
-
1 890
total
-
-
-
7 181
Employee
41 662
-
10 448
-
solidarity contribution
-
-
-
-
social contributions
2 708
-
679
-
income
4 999
-
1 254
-
health
5 624
-
1 410
-
total
13 331
-
3 343
-
Employer
41 662
-
10 448
-
health
3 750
-
940
-
social contributions
10 416
-
2 612
-
total
14 166
-
3 552
-
Corporate
-
14 000
-
-
income
-
2 660
-
-
total
-
2 660
-
-
Dividends
-
11 340
-
-
withholding
-
1 701
-
-
total
-
1 701
-
-
Income
14 000
14 000
14 000
14 000
Total tax
27 497
4 361
6 895
7 181
After tax
-13 497
9 639
7 105
6 819
Living cost
28 330
28 330
28 330
28 330
Free-cash
-41 827
-18 691
-21 225
-21 511

Estimated living cost  is ₽28330 per week

₽21068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1569
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽37149
-₽28215
-₽25429
-₽39743
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
surtax
-
-
-
-
unemployment
-
-
-
5 758
chamber of commerce
-
-
-
55
health
-
-
-
1 071
pensions
-
-
-
2 591
total
-
-
-
9 475
Employee
41 041
37 416
37 416
-
other
410
374
94
-
unemployment
1 231
1 122
282
-
pensions
4 203
3 831
959
-
income
3 656
2 760
4 395
-
health
1 587
1 449
362
-
total
11 087
9 536
6 092
-
Employer
41 041
37 416
37 416
-
chamber of commerce
164
150
150
-
health
1 552
1 415
355
-
pensions
5 151
4 697
1 176
-
accident
533
486
121
-
unemployment
1 231
1 122
282
-
surtax
-
-
-
-
payroll
1 231
1 122
1 122
-
other
1 949
1 776
1 539
-
total
11 811
10 768
4 745
-
Corporate
3 563
3 563
5 692
-
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.

891
891
1 424
-
total
891
891
1 424
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
14 000
14 000
14 000
14 000
Total tax
23 789
21 195
12 261
9 475
After tax
-9 789
-7 195
1 739
4 525
Living cost
29 954
29 954
29 954
29 954
Free-cash
-39 743
-37 149
-28 215
-25 429

Estimated living cost  is ₽29954 per week

₽17968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3059
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1533
-₽567
₽2093
-₽709
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 709
-
14 000
-
income
2 942
-
2 800
-
total
2 942
-
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
2 942
700
2 800
140
After tax
11 058
13 300
11 200
13 860
Living cost
11 767
11 767
11 767
11 767
Free-cash
-709
1 533
-567
2 093

Estimated living cost  is ₽11767 per week

₽7963
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15545
-₽17257
-₽16745
-₽33982
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
1 607
unemployment
-
-
-
21
health
-
-
-
1 377
pensions
-
-
-
2 557
total
-
-
-
5 562
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.

41 517
-
12 113
-
unemployment
59
-
18
-
pensions
6 435
-
1 878
-
income
7 160
-
1 509
-
health
2 681
-
782
-
total
16 335
-
4 187
-
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.

41 517
-
12 113
-
health
2 765
-
807
-
pensions
3 674
-
1 073
-
unemployment
25
-
7
-
total
6 464
-
1 887
-
Corporate
-
14 000
-
-
income
-
2 660
-
-
total
-
2 660
-
-
Dividends
-
11 340
-
-
withholding
-
1 702
-
-
total
-
1 702
-
-
Income
14 000
14 000
14 000
14 000
Total tax
22 799
4 362
6 074
5 562
After tax
-8 799
9 638
7 926
8 438
Living cost
25 183
25 183
25 183
25 183
Free-cash
-33 982
-15 545
-17 257
-16 745

Estimated living cost  is ₽25183 per week

₽17282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1614
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31583
-₽38717
-₽30426
-₽124573
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 729
social contributions
-
-
-
1 596
total
-
-
-
4 325
Employee
57 499
-
2 446
-
social contributions
4 715
-
672
-
income
12 683
-
390
-
total
17 398
-
1 062
-
Employer
57 499
-
2 446
-
social contributions
81 074
-
11 554
-
total
81 074
-
11 554
-
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
98 472
5 482
12 616
4 325
After tax
-84 472
8 518
1 384
9 675
Living cost
40 101
40 101
40 101
40 101
Free-cash
-124 573
-31 583
-38 717
-30 426

Estimated living cost  is ₽40101 per week

₽26019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3772
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21487
-₽20840
-₽21134
-₽39437
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
818
surtax
-
-
-
-
social contributions

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

-
-
-
4 866
total
-
-
-
5 684
Employee
43 181
-
11 313
-
surtax
-
-
-
-
social contributions
4 750
-
1 244
-
income
8 982
-
1 459
-
total
13 732
-
2 703
-
Employer
43 181
-
11 313
-
social contributions
10 255
-
2 687
-
total
10 255
-
2 687
-
Corporate
-
14 000
-
-
income
-
2 940
-
-
surtax
-
-
-
-
total
-
2 940
-
-
Dividends
-
11 060
-
-
withholding
-
3 097
-
-
total
-
3 097
-
-
Income
14 000
14 000
14 000
14 000
Total tax
23 987
6 037
5 390
5 684
After tax
-9 987
7 963
8 610
8 316
Living cost
29 450
29 450
29 450
29 450
Free-cash
-39 437
-21 487
-20 840
-21 134

Estimated living cost  is ₽29450 per week

₽22034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1737
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.
₽5187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽38291
-₽36188
-₽37551
-₽63169
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
other
-
-
-
435
surtax
-
-
-
-
social contributions
-
-
-
399
health
-
-
-
249
pensions
-
-
-
5 121
total
-
-
-
6 204
Employee
58 804
-
10 666
-
pensions
6 651
-
1 206
-
surtax
-
-
-
-
social contributions
1 675
-
303
-
income
5 131
-
-
-
total
13 457
-
1 509
-
Employer
58 804
-
10 666
-
health
4 116
-
747
-
pensions
9 662
-
1 753
-
unemployment
2 382
-
431
-
social contributions
176
-
32
-
other
2 029
-
369
-
total
18 365
-
3 332
-
Corporate
-
14 000
-
-
income
-
3 920
-
-
surtax
-
-
-
-
total
-
3 920
-
-
Dividends
-
10 080
-
-
surtax
-
-
-
-
social contributions
-
1 734
-
-
withholding
-
1 290
-
-
total
-
3 024
-
-
Income
14 000
14 000
14 000
14 000
Total tax
31 822
6 944
4 841
6 204
After tax
-17 822
7 056
9 159
7 796
Living cost
45 347
45 347
45 347
45 347
Free-cash
-63 169
-38 291
-36 188
-37 551

Estimated living cost  is ₽45347 per week

₽30690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽622
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10325
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15622
-₽16888
-₽17303
-₽20863
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
14 000
income
-
-
-
-
social contributions
-
-
-
3 081
total
-
-
-
3 081
Employee
30 184
-
12 122
-
income
-
-
-
-
social contributions
1 962
-
788
-
total
1 962
-
788
-
Employer
30 184
-
12 122
-
social contributions
4 679
-
1 878
-
total
4 679
-
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
6 641
1 400
2 666
3 081
After tax
7 359
12 600
11 334
10 919
Living cost
28 222
28 222
28 222
28 222
Free-cash
-20 863
-15 622
-16 888
-17 303

Estimated living cost  is ₽28222 per week

₽18248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2127
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽190558
-₽190558
-₽33559
-₽190558
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
14 000
labour market
-
-
-
1 055
municipal
-
-
-
207
national
-
-
-
267
pensions
-
-
-
814
total
-
-
-
2 343
Employee
190 844
190 844
190 844
-
municipal
40 639
40 639
40 639
-
labour market
15 246
15 246
15 246
-
pensions
271
271
271
-
national
23 315
23 315
23 315
-
total
79 471
79 471
79 471
-
Employer
190 844
190 844
190 844
-
national
23 356
23 356
23 356
-
labour market
15 268
15 268
15 268
-
pensions
543
543
543
-
municipal
40 704
40 704
40 704
-
total
79 871
79 871
79 871
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
14 000
14 000
14 000
14 000
Total tax
159 342
159 342
159 342
2 343
After tax
-145 342
-145 342
-145 342
11 657
Living cost
45 216
45 216
45 216
45 216
Free-cash
-190 558
-190 558
-190 558
-33 559

Estimated living cost  is ₽45216 per week

₽30946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽695
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9574
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19488
-₽13228
-₽14558
-₽25052
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
1 309
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
7 936
Employee
32 441
-
11 630
-
pensions
3 653
-
1 309
-
income
4 450
-
1 595
-
health
3 715
-
1 332
-
total
11 818
-
4 236
-
Employer
32 441
-
11 630
-
pensions
5 275
-
1 891
-
accident
542
-
194
-
unemployment
795
-
285
-
total
6 612
-
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
18 430
12 866
6 606
7 936
After tax
-4 430
1 134
7 394
6 064
Living cost
20 622
20 622
20 622
20 622
Free-cash
-25 052
-19 488
-13 228
-14 558

Estimated living cost  is ₽20622 per week

₽15011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1176
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.
₽4049
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26360
-₽27187
-₽24565
-₽44718
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 519
national
-
-
-
-
total
-
-
-
2 519
Employee
49 396
-
11 776
-
municipal
8 091
-
1 946
-
unemployment
741
-
176
-
pensions
3 334
-
795
-
national
816
-
-
-
health
369
-
-
-
total
13 351
-
2 917
-
Employer
49 396
-
11 776
-
health
380
-
91
-
pensions
8 570
-
2 044
-
accident
50
-
12
-
unemployment
321
-
77
-
total
9 321
-
2 224
-
Corporate
-
14 000
-
-
income
-
2 801
-
-
total
-
2 801
-
-
Dividends

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

-
8 399
-
-
municipal
-
1 513
-
-
national
-
-
-
-
total
-
1 513
-
-
Income
14 000
14 000
14 000
14 000
Total tax
22 672
4 314
5 141
2 519
After tax
-8 672
9 686
8 859
11 481
Living cost
36 046
36 046
36 046
36 046
Free-cash
-44 718
-26 360
-27 187
-24 565

Estimated living cost  is ₽36046 per week

₽23545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3467
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8461
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28969
-₽20759
-₽14216
-₽22226
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 692
income
-
-
-
-
social contributions
-
-
-
5 568
health
-
-
-
910
total
-
-
-
6 478
Employee
72 195
72 195
72 195
-
social contributions
2 730
5 992
2 020
-
income
7 861
6 683
8 117
-
health
559
1 228
413
-
total
11 150
13 903
10 550
-
Employer
72 195
72 195
72 195
-
health
608
1 336
451
-
social contributions
2 730
5 992
2 020
-
total
3 338
7 328
2 471
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
14 000
14 000
14 000
14 000
Total tax
14 488
21 231
13 021
6 478
After tax
-488
-7 231
979
7 522
Living cost
21 738
21 738
21 738
21 738
Free-cash
-22 226
-28 969
-20 759
-14 216

Estimated living cost  is ₽21738 per week

₽13028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3314
-₽7273
-₽10719
-₽9769
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
415
unemployment
-
-
-
27
health
-
-
-
3 398
pensions
-
-
-
5 972
total
-
-
-
9 812
Employee

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

21 550
-
12 315
-
unemployment
107
-
82
-
pensions
3 232
-
2 453
-
income
1 473
-
755
-
health
1 832
-
1 390
-
total
6 644
-
4 680
-
Employer

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

21 550
-
12 315
-
health
926
-
704
-
pensions
1 185
-
900
-
unemployment
107
-
82
-
total
2 218
-
1 686
-
Corporate
-
14 000
-
-
income
-
1 260
-
-
total
-
1 260
-
-
Dividends
-
12 740
-
-
withholding
-
1 147
-
-
total
-
1 147
-
-
Income
14 000
14 000
14 000
14 000
Total tax
8 862
2 407
6 366
9 812
After tax
5 138
11 593
7 634
4 188
Living cost
14 907
14 907
14 907
14 907
Free-cash
-9 769
-3 314
-7 273
-10 719

Estimated living cost  is ₽14907 per week

₽9511
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16205
-₽24187
-₽19384
-₽31783
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
182
income
-
-
-
1 509
other
-
-
-
20
unemployment
-
-
-
141
pensions
-
-
-
5 714
total
-
-
-
7 566
Employee
34 716
-
4 005
-
other
34
-
32
-
unemployment
538
-
486
-
pensions
1 632
-
1 473
-
income
6 693
-
383
-
total
8 897
-
2 374
-
Employer
34 716
-
4 005
-
pensions
8 192
-
7 399
-
accident
688
-
620
-
unemployment
1 910
-
1 725
-
other
278
-
251
-
total
11 068
-
9 995
-
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.

-
2 101
-
-
total
-
2 101
-
-
Dividends
-
11 899
-
-
withholding
-
2 286
-
-
total
-
2 286
-
-
Income
14 000
14 000
14 000
14 000
Total tax
19 965
4 387
12 369
7 566
After tax
-5 965
9 613
1 631
6 434
Living cost
25 818
25 818
25 818
25 818
Free-cash
-31 783
-16 205
-24 187
-19 384

Estimated living cost  is ₽25818 per week

₽17427
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2482
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5457
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6839
₽5955
₽6089
₽6527
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 627
health
-
-
-
1 003
pensions
-
-
-
1 384
total
-
-
-
6 014
Employee
2 889
-
12 443
-
unemployment
29
-
69
-
pensions
260
-
623
-
income
559
-
3 554
-
health
144
-
346
-
total
992
-
4 592
-
Employer
2 889
-
12 443
-
health
275
-
657
-
pensions
318
-
761
-
unemployment
58
-
138
-
total
651
-
1 556
-
Corporate
10 460
14 000
-
-
income
2 301
3 080
-
-
total
2 301
3 080
-
-
Dividends
8 159
10 920
-
-
withholding
1 632
2 184
-
-
total
1 632
2 184
-
-
Income
14 000
14 000
14 000
14 000
Total tax
5 576
5 264
6 148
6 014
After tax
8 424
8 736
7 852
7 986
Living cost
1 897
1 897
1 897
1 897
Free-cash
6 527
6 839
5 955
6 089

Estimated living cost  is ₽1897 per week

₽1127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽572
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6130
-₽7583
-₽8185
-₽14884
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
648
unemployment
-
-
-
210
health
-
-
-
1 442
pensions
-
-
-
3 640
total
-
-
-
5 940
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.

24 497
-
11 874
-
unemployment
184
-
89
-
pensions
3 430
-
1 662
-
income
3 377
-
849
-
health
1 262
-
612
-
total
8 253
-
3 212
-
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.

24 497
-
11 874
-
health
1 262
-
612
-
pensions
2 940
-
1 425
-
unemployment
184
-
89
-
total
4 386
-
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
12 639
3 885
5 338
5 940
After tax
1 361
10 115
8 662
8 060
Living cost
16 245
16 245
16 245
16 245
Free-cash
-14 884
-6 130
-7 583
-8 185

Estimated living cost  is ₽16245 per week

₽10938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1257
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17348
-₽16702
-₽16996
-₽31094
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
818
surtax
-
-
-
-
social contributions

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

-
-
-
4 866
total
-
-
-
5 684
Employee
36 440
-
11 313
-
surtax
-
-
-
-
social contributions
4 009
-
1 244
-
income
7 120
-
1 459
-
total
11 129
-
2 703
-
Employer
36 440
-
11 313
-
social contributions
8 654
-
2 687
-
total
8 654
-
2 687
-
Corporate
-
14 000
-
-
income
-
2 940
-
-
surtax
-
-
-
-
total
-
2 940
-
-
Dividends
-
11 060
-
-
withholding
-
3 097
-
-
total
-
3 097
-
-
Income
14 000
14 000
14 000
14 000
Total tax
19 783
6 037
5 390
5 684
After tax
-5 783
7 963
8 610
8 316
Living cost
25 312
25 312
25 312
25 312
Free-cash
-31 094
-17 348
-16 702
-16 996

Estimated living cost  is ₽25312 per week

₽17927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5178
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23383
-₽31365
-₽26562
-₽45801
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
182
income
-
-
-
1 509
other
-
-
-
20
unemployment
-
-
-
141
pensions
-
-
-
5 714
total
-
-
-
7 566
Employee
45 344
-
4 005
-
other
45
-
32
-
unemployment
702
-
486
-
pensions
2 131
-
1 473
-
income
9 471
-
383
-
total
12 349
-
2 374
-
Employer
45 344
-
4 005
-
pensions
10 701
-
7 399
-
accident
898
-
620
-
unemployment
2 494
-
1 725
-
other
363
-
251
-
total
14 456
-
9 995
-
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.

-
2 101
-
-
total
-
2 101
-
-
Dividends
-
11 899
-
-
withholding
-
2 286
-
-
total
-
2 286
-
-
Income
14 000
14 000
14 000
14 000
Total tax
26 805
4 387
12 369
7 566
After tax
-12 805
9 613
1 631
6 434
Living cost
32 996
32 996
32 996
32 996
Free-cash
-45 801
-23 383
-31 365
-26 562

Estimated living cost  is ₽32996 per week

₽23697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2566
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4181
-₽7312
-₽7989
-₽11583
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 100
unemployment
-
-
-
56
health
-
-
-
1 610
pensions

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

-
-
-
2 072
total
-
-
-
5 838
Employee
21 387
-
11 703
-
accident

We are using the highest rate at 1.1%.

235
-
128
-
pensions

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

1 878
-
1 028
-
income
2 139
-
1 171
-
health
984
-
538
-
total
5 236
-
2 865
-
Employer
21 387
-
11 703
-
health
1 476
-
808
-
pensions

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

2 357
-
1 290
-
accident

We are using the highest rate at 1.1%.

235
-
128
-
unemployment
128
-
70
-
total
4 196
-
2 296
-
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
9 432
2 030
5 161
5 838
After tax
4 568
11 970
8 839
8 162
Living cost
16 151
16 151
16 151
16 151
Free-cash
-11 583
-4 181
-7 312
-7 989

Estimated living cost  is ₽16151 per week

₽10682
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.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28796
-₽28662
-₽28662
-₽32715
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
-
surtax

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

-
-
-
-
health

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

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

-
-
-
6 414
trade
-
-
-
-
total
-
-
-
6 414
Employee

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

46 715
-
14 000
-
surtax

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

212
-
-
-
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.

3 841
-
-
-
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.

6 414
-
6 414
-
total
10 467
-
6 414
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
14 000
-
-
income
-
2 101
-
-
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
-
-
chamber of commerce
-
164
-
-
trade
-
2 010
-
-
total
-
4 391
-
-
Dividends
-
9 610
-
-
surtax

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

-
112
-
-
withholding
-
2 045
-
-
total
-
2 157
-
-
Income
14 000
14 000
14 000
14 000
Total tax
10 467
6 548
6 414
6 414
After tax
3 533
7 452
7 586
7 586
Living cost
36 248
36 248
36 248
36 248
Free-cash
-32 715
-28 796
-28 662
-28 662

Estimated living cost  is ₽36248 per week

₽25004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3900
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6817
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽43683
-₽39547
-₽39547
-₽59442
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-139
social contributions
-
-
-
203
total
-
-
-
64
Employee
73 441
-
14 000
-
income
13 858
-
-139
-
social contributions
6 101
-
203
-
total
19 959
-
64
-
Employer
73 441
-
14 000
-
total
-
-
-
-
Corporate
-
14 000
-
-
income
-
1 750
-
-
total
-
1 750
-
-
Dividends
-
12 250
-
-
withholding
-
2 450
-
-
total
-
2 450
-
-
Income
14 000
14 000
14 000
14 000
Total tax
19 959
4 200
64
64
After tax
-5 959
9 800
13 936
13 936
Living cost
53 483
53 483
53 483
53 483
Free-cash
-59 442
-43 683
-39 547
-39 547

Estimated living cost  is ₽53483 per week

₽40689
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7925
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27785
-₽23346
-₽52487
-₽36188
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 725
health

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

-
-
-
5 680
total
-
-
-
32 405
Employee
43 070
-
12 368
-
income
4 673
-
-
-
social contributions
4 315
-
1 632
-
total
8 988
-
1 632
-
Employer
43 070
-
12 368
-
social contributions
4 315
-
1 632
-
total
4 315
-
1 632
-
Corporate
-
14 000
-
-
income
-
4 900
-
-
total
-
4 900
-
-
Dividends
-
9 100
-
-
social contributions
2 803
2 803
-
-
total
2 803
2 803
-
-
Income
14 000
14 000
14 000
14 000
Total tax
16 106
7 703
3 264
32 405
After tax
-2 106
6 297
10 736
-18 405
Living cost
34 082
34 082
34 082
34 082
Free-cash
-36 188
-27 785
-23 346
-52 487

Estimated living cost  is ₽34082 per week

₽22449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2687
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8422
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24498
-₽24081
-₽24033
-₽39791
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 738
pensions
-
-
-
307
total
-
-
-
3 045
Employee
48 026
-
13 635
-
pensions
3 666
-
-
-
income
8 746
-
2 728
-
health
626
-
-
-
total
13 038
-
2 728
-
Employer
48 026
-
13 635
-
health
913
-
259
-
pensions
4 852
-
106
-
total
5 765
-
365
-
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
18 803
3 510
3 093
3 045
After tax
-4 803
10 490
10 907
10 955
Living cost
34 988
34 988
34 988
34 988
Free-cash
-39 791
-24 498
-24 081
-24 033

Estimated living cost  is ₽34988 per week

₽24001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽21530
-₽15270
-₽16600
-₽28916
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
1 309
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
7 936
Employee
35 652
-
11 630
-
pensions
4 014
-
1 309
-
income
4 891
-
1 595
-
health
4 082
-
1 332
-
total
12 987
-
4 236
-
Employer
35 652
-
11 630
-
pensions
5 797
-
1 891
-
accident
595
-
194
-
unemployment
873
-
285
-
total
7 265
-
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
20 252
12 866
6 606
7 936
After tax
-6 252
1 134
7 394
6 064
Living cost
22 664
22 664
22 664
22 664
Free-cash
-28 916
-21 530
-15 270
-16 600

Estimated living cost  is ₽22664 per week

₽16633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1321
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽787
-₽3937
-₽3937
-₽6299
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
168
work injury
-
-
-
70
health insurance
-
-
-
1 036
pensions
-
-
-
2 576
total
-
-
-
5 250
Employee

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

20 298
-
14 000
-
health insurance
1 502
-
1 036
-
unemployment
244
-
168
-
work injury
101
-
70
-
pensions
3 735
-
2 576
-
income
2 030
-
1 400
-
total
7 612
-
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
7 612
2 100
5 250
5 250
After tax
6 388
11 900
8 750
8 750
Living cost
12 687
12 687
12 687
12 687
Free-cash
-6 299
-787
-3 937
-3 937

Estimated living cost  is ₽12687 per week

₽7860
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽922
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽396
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3509
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30029
-₽34086
-₽32403
-₽65116
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 276
regional
-
-
-
116
municipal
-
-
-
61
national
-
-
-
1 547
total
-
-
-
9 000
Employee
79 116
-
14 000
-
municipal
472
-
41
-
national
13 370
-
1 026
-
regional
1 194
-
77
-
social contributions
26 677
-
9 539
-
total
41 713
-
10 683
-
Employer
79 116
-
14 000
-
total
-
-
-
-
Corporate
-
14 000
-
-
municipal
-
675
-
-
nationa
-
3 360
-
-
total
-
4 035
-
-
Dividends
-
9 964
-
-
withholding
-
2 591
-
-
total
-
2 591
-
-
Income
14 000
14 000
14 000
14 000
Total tax
41 713
6 626
10 683
9 000
After tax
-27 713
7 374
3 317
5 000
Living cost
37 403
37 403
37 403
37 403
Free-cash
-65 116
-30 029
-34 086
-32 403

Estimated living cost  is ₽37403 per week

₽26273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7991
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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