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
₽ 15500
per

Your estimated
City
free-cash

Dresden , Germany
-₽20855
-₽19783
-₽19783
-₽20722
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
15 500
surtax

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

-
-
-
-
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.

-
-
-
6 493
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.

-
-
-
-
trade
-
-
-
-
total
-
-
-
6 493
Employee

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

36 355
-
15 500
-
income

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

1 016
-
-
-
surtax

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

56
-
-
-
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.

6 493
-
6 493
-
total
7 565
-
6 493
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
15 500
-
-
surtax

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

-
128
-
-
chamber of commerce
-
166
-
-
income
-
2 325
-
-
trade
-
2 440
-
-
total
-
5 059
-
-
Dividends
-
10 441
-
-
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.

-
124
-
-
withholding
-
2 249
-
-
total
-
2 373
-
-
Income
15 500
15 500
15 500
15 500
Total tax
7 565
7 432
6 493
6 493
After tax
7 935
8 068
9 007
9 007
Living cost
28 790
28 790
28 790
28 790
Free-cash
-20 855
-20 722
-19 783
-19 783

Estimated living cost  is ₽28790 per week

₽18110
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3357
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6786
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽73382
-₽40282
-₽40404
-₽42894
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
national
-
-
-
797
pensions
-
-
-
1 860
municipal
-
-
-
514
social contributions
-
-
-
167
total
-
-
-
3 338
Employee
81 487
-
13 400
-
pensions
3 259
-
536
-
national
15 597
-
890
-
municipal
10 065
-
574
-
total
28 921
-
2 000
-
Employer
81 487
-
13 400
-
social contributions
876
-
144
-
pensions
6 519
-
1 072
-
total
7 395
-
1 216
-
Corporate
-
15 500
-
-
income

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

-
3 100
-
-
total
-
3 100
-
-
Dividends
-
12 400
-
-
withholding
-
2 728
-
-
total
-
2 728
-
-
Income
15 500
15 500
15 500
15 500
Total tax
36 316
5 828
3 216
3 338
After tax
-20 816
9 672
12 284
12 162
Living cost
52 566
52 566
52 566
52 566
Free-cash
-73 382
-42 894
-40 282
-40 404

Estimated living cost  is ₽52566 per week

₽35729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4886
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽787
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11164
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18964
-₽10881
-₽9591
-₽7375
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
15 500
surtax
-
-
-
-
income
-
-
-
-
microenterprise
-
-
-
2 325
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.

-
-
-
2 992
total
-
-
-
5 317
Employee
27 774
-
12 491
-
income
4 944
-
2 224
-
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.

3 056
-
1 374
-
total
8 000
-
3 598
-
Employer
27 774
-
12 491
-
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.

6 690
-
3 009
-
surtax
-
-
-
-
total
6 690
-
3 009
-
Corporate
-
15 500
-
-
income

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

-
3 101
-
-
total
-
3 101
-
-
Dividends

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

-
12 399
-
-
total
-
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
14 690
3 101
6 607
5 317
After tax
810
12 399
8 893
10 183
Living cost
19 774
19 774
19 774
19 774
Free-cash
-18 964
-7 375
-10 881
-9 591

Estimated living cost  is ₽19774 per week

₽12615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1883
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.
₽4827
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽78885
-₽78885
-₽30881
-₽73550
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
pensions
-
-
-
2 790
health
-
-
-
2 379
income
-
-
-
1 394
total
-
-
-
6 563
Employee
81 168
81 168
81 168
-
income

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

13 286
13 286
13 286
-
pensions
14 610
11 136
14 610
-
health
12 458
10 597
12 458
-
total
40 354
35 019
40 354
-
Employer
81 168
81 168
81 168
-
unemployment
2 922
2 922
2 922
-
health
5 642
5 642
5 642
-
pensions
5 649
5 649
5 649
-
total
14 213
14 213
14 213
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
54 567
49 232
54 567
6 563
After tax
-39 067
-33 732
-39 067
8 937
Living cost
39 818
39 818
39 818
39 818
Free-cash
-78 885
-73 550
-78 885
-30 881

Estimated living cost  is ₽39818 per week

₽28218
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽633
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7377
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽55410
-₽29589
-₽30139
-₽29404
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
unemployment
-
-
-
15
accident
-
-
-
31
national
-
-
-
-
pensions
-
-
-
1 675
health
-
-
-
967
municipal
-
-
-
3 283
other
-
-
-
1 801
total
-
-
-
7 772
Employee
53 957
-
11 794
-
national
-
-
-
-
municipal
16 090
-
3 517
-
total
16 090
-
3 517
-
Employer
53 957
-
11 794
-
accident
108
-
24
-
unemployment
1 424
-
311
-
health
3 318
-
725
-
pensions
5 833
-
1 275
-
other
6 270
-
1 370
-
total
16 953
-
3 705
-
Corporate
-
15 500
-
-
income
-
3 410
-
-
total
-
3 410
-
-
Dividends
-
12 090
-
-
withholding
-
3 627
-
-
total
-
3 627
-
-
Income
15 500
15 500
15 500
15 500
Total tax
33 043
7 037
7 222
7 772
After tax
-17 543
8 463
8 278
7 728
Living cost
37 867
37 867
37 867
37 867
Free-cash
-55 410
-29 404
-29 589
-30 139

Estimated living cost  is ₽37867 per week

₽25097
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽32700
-₽28332
-₽28332
-₽29353
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
15 500
surtax

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

-
-
-
-
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.

-
-
-
6 493
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.

-
-
-
-
trade
-
-
-
-
total
-
-
-
6 493
Employee

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

48 201
-
15 500
-
income

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

4 141
-
-
-
surtax

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

227
-
-
-
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.

6 493
-
6 493
-
total
10 861
-
6 493
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
15 500
-
-
surtax

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

-
128
-
-
chamber of commerce
-
166
-
-
income
-
2 325
-
-
trade
-
2 550
-
-
total
-
5 169
-
-
Dividends
-
10 330
-
-
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.

-
123
-
-
withholding
-
2 222
-
-
total
-
2 345
-
-
Income
15 500
15 500
15 500
15 500
Total tax
10 861
7 514
6 493
6 493
After tax
4 639
7 986
9 007
9 007
Living cost
37 339
37 339
37 339
37 339
Free-cash
-32 700
-29 353
-28 332
-28 332

Estimated living cost  is ₽37339 per week

₽24973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3938
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7872
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31627
-₽28511
-₽21888
-₽36823
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 133
health
-
-
-
922
income
-
-
-
-
social contributions
-
-
-
5 637
total
-
-
-
6 559
Employee
73 088
73 088
73 088
-
income
7 675
6 766
8 218
-
social contributions
3 552
6 066
2 045
-
health
727
1 243
418
-
total
11 954
14 075
10 681
-
Employer
73 088
73 088
73 088
-
social contributions
3 552
6 066
2 045
-
health
792
1 353
456
-
total
4 344
7 419
2 501
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
16 298
21 494
13 182
6 559
After tax
-798
-5 994
2 318
8 941
Living cost
30 829
30 829
30 829
30 829
Free-cash
-31 627
-36 823
-28 511
-21 888

Estimated living cost  is ₽30829 per week

₽21075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2408
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6829
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16346
-₽9476
-₽7724
-₽9411
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
unemployment
-
-
-
233
pensions
-
-
-
1 550
health
-
-
-
1 085
income
-
-
-
1 895
total
-
-
-
4 763
Employee

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

The minimum wage is 138,000 HUF per month.

26 649
10 606
12 971
-
income
3 258
1 297
1 586
-
pensions
2 665
1 061
1 297
-
unemployment
400
159
195
-
health
1 865
742
908
-
total
8 188
3 259
3 986
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 649
10 606
12 971
-
pensions
5 197
2 068
2 529
-
total
5 197
2 068
2 529
-
Corporate
-
2 826
-
-
income
-
254
-
-
total
-
254
-
-
Dividends
-
2 571
-
-
social contributions
-
380
-
-
withholding
-
489
-
-
total
-
869
-
-
Income
15 500
15 500
15 500
15 500
Total tax
13 385
6 450
6 515
4 763
After tax
2 115
9 050
8 985
10 737
Living cost
18 461
18 461
18 461
18 461
Free-cash
-16 346
-9 411
-9 476
-7 724

Estimated living cost  is ₽18461 per week

₽12598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1511
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3984
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20578
-₽11860
-₽12574
-₽10559
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
pensions
-
-
-
3 101
health
-
-
-
2 015
income
-
-
-
-
total
-
-
-
5 116
Employee
26 964
-
11 584
-
income
3 036
-
69
-
pensions
539
-
231
-
unemployment
431
-
186
-
total
4 006
-
486
-
Employer
26 964
-
11 584
-
unemployment
216
-
92
-
health
3 505
-
1 506
-
pensions
5 393
-
2 318
-
total
9 114
-
3 916
-
Corporate
-
15 500
-
-
income
-
3 101
-
-
total
-
3 101
-
-
Dividends
-
12 399
-
-
total
-
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
13 120
3 101
4 402
5 116
After tax
2 380
12 399
11 098
10 384
Living cost
22 958
22 958
22 958
22 958
Free-cash
-20 578
-10 559
-11 860
-12 574

Estimated living cost  is ₽22958 per week

₽15747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1367
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5382
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23391
-₽12354
-₽13137
-₽19283
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
accident
-
-
-
236
pensions
-
-
-
3 884
health
-
-
-
2 036
income
-
-
-
1 597
other
-
-
-
346
total
-
-
-
8 099
Employee
32 308
-
12 876
-
income
4 432
-
1 767
-
pensions
3 638
-
1 450
-
health
3 699
-
1 474
-
total
11 769
-
4 691
-
Employer
32 308
-
12 876
-
accident
539
-
215
-
unemployment
792
-
316
-
pensions
5 253
-
2 094
-
total
6 584
-
2 625
-
Corporate
-
15 500
-
-
income

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

-
13 950
-
-
total
-
13 950
-
-
Dividends
-
1 550
-
-
withholding
-
295
-
-
total
-
295
-
-
Income
15 500
15 500
15 500
15 500
Total tax
18 353
14 245
7 316
8 099
After tax
-2 853
1 255
8 184
7 401
Living cost
20 538
20 538
20 538
20 538
Free-cash
-23 391
-19 283
-12 354
-13 137

Estimated living cost  is ₽20538 per week

₽15053
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4783
₽4028
₽6973
₽6353
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
15 500
microenterprise

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

-
-
-
155
total
-
-
-
155
Employee
10 465
-
15 500
-
income
2 093
-
3 100
-
total
2 093
-
3 100
-
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%.

5 035
15 500
-
-
total
-
-
-
-
Dividends
5 035
15 500
-
-
withholding
252
775
-
-
total
252
775
-
-
Income
15 500
15 500
15 500
15 500
Total tax
2 345
775
3 100
155
After tax
13 155
14 725
12 400
15 345
Living cost
8 372
8 372
8 372
8 372
Free-cash
4 783
6 353
4 028
6 973

Estimated living cost  is ₽8372 per week

₽5189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽696
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽230
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27710
-₽16242
-₽16934
-₽13940
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
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.

-
-
-
3 721
health
-
-
-
682
income
-
-
-
1 968
other
-
-
-
736
total
-
-
-
7 107
Employee
34 511
-
12 380
-
income
5 942
-
2 130
-
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.

2 415
-
868
-
unemployment
345
-
124
-
health
483
-
173
-
total
9 185
-
3 295
-
Employer
34 511
-
12 380
-
accident
276
-
99
-
unemployment
345
-
124
-
health
483
-
173
-
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.

5 868
-
2 105
-
other
1 726
-
619
-
total
8 698
-
3 120
-
Corporate
-
15 500
-
-
income
-
3 256
-
-
total
-
3 256
-
-
Dividends
-
12 244
-
-
withholding
-
857
-
-
total
-
857
-
-
Income
15 500
15 500
15 500
15 500
Total tax
17 883
4 113
6 415
7 107
After tax
-2 383
11 387
9 085
8 393
Living cost
25 327
25 327
25 327
25 327
Free-cash
-27 710
-13 940
-16 242
-16 934

Estimated living cost  is ₽25327 per week

₽17895
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1710
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5314
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽88219
-₽52496
-₽52323
-₽52859
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
pensions
-
-
-
314
income
-
-
-
3 038
total
-
-
-
3 352
Employee
91 216
-
14 967
-
income
16 443
-
2 993
-
pensions
8 800
-
-
-
health
1 503
-
-
-
total
26 746
-
2 993
-
Employer
91 216
-
14 967
-
health
1 732
-
284
-
pensions
10 770
-
248
-
total
12 502
-
532
-
Corporate
-
15 500
-
-
income

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

-
2 945
-
-
total
-
2 945
-
-
Dividends
-
12 555
-
-
withholding
-
943
-
-
total
-
943
-
-
Income
15 500
15 500
15 500
15 500
Total tax
39 248
3 888
3 525
3 352
After tax
-23 748
11 612
11 975
12 148
Living cost
64 471
64 471
64 471
64 471
Free-cash
-88 219
-52 859
-52 496
-52 323

Estimated living cost  is ₽64471 per week

₽48309
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7575
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8063
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽4882
-₽3081
-₽3831
₽385
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
unemployment
-
-
-
62
pensions

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

-
-
-
2 294
health
-
-
-
1 783
income
-
-
-
2 325
total
-
-
-
6 464
Employee
17 038
-
12 957
-
income
1 703
-
1 296
-
pensions

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

1 496
-
1 138
-
accident

We are using the highest rate at 1.1%.

188
-
143
-
health
784
-
595
-
total
4 171
-
3 172
-
Employer
17 038
-
12 957
-
accident

We are using the highest rate at 1.1%.

188
-
143
-
unemployment
102
-
78
-
health
1 176
-
894
-
pensions

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

1 878
-
1 427
-
total
3 344
-
2 542
-
Corporate
-
15 500
-
-
income
-
1 550
-
-
total
-
1 550
-
-
Dividends
-
13 950
-
-
withholding
-
698
-
-
total
-
698
-
-
Income
15 500
15 500
15 500
15 500
Total tax
7 515
2 248
5 714
6 464
After tax
7 985
13 252
9 786
9 036
Living cost
12 867
12 867
12 867
12 867
Free-cash
-4 882
385
-3 081
-3 831

Estimated living cost  is ₽12867 per week

₽7512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽919
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽341
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽88052
-₽91773
-₽43769
-₽86438
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
pensions
-
-
-
2 790
health
-
-
-
2 379
income
-
-
-
1 394
total
-
-
-
6 563
Employee
88 123
81 168
81 168
-
income

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

13 286
13 286
13 286
-
pensions
11 136
11 136
14 610
-
health
10 994
10 597
12 458
-
total
35 416
35 019
40 354
-
Employer
88 123
81 168
81 168
-
unemployment
3 173
2 922
2 922
-
health
6 124
5 642
5 642
-
pensions
6 133
5 649
5 649
-
total
15 430
14 213
14 213
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
50 846
49 232
54 567
6 563
After tax
-35 346
-33 732
-39 067
8 937
Living cost
52 706
52 706
52 706
52 706
Free-cash
-88 052
-86 438
-91 773
-43 769

Estimated living cost  is ₽52706 per week

₽38880
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8515
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30837
-₽15649
-₽15964
-₽12842
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
health
-
-
-
2 092
solidarity contribution
-
-
-
-
income
-
-
-
1 332
social contributions
-
-
-
4 526
total
-
-
-
7 950
Employee
34 580
-
11 567
-
solidarity contribution
-
-
-
-
income
4 150
-
1 388
-
social contributions
2 248
-
752
-
health
4 668
-
1 562
-
total
11 066
-
3 702
-
Employer
34 580
-
11 567
-
social contributions
8 645
-
2 892
-
health
3 112
-
1 041
-
total
11 757
-
3 933
-
Corporate
-
15 500
-
-
income
-
2 945
-
-
total
-
2 945
-
-
Dividends
-
12 555
-
-
withholding
-
1 883
-
-
total
-
1 883
-
-
Income
15 500
15 500
15 500
15 500
Total tax
22 823
4 828
7 635
7 950
After tax
-7 323
10 672
7 865
7 550
Living cost
23 514
23 514
23 514
23 514
Free-cash
-30 837
-12 842
-15 649
-15 964

Estimated living cost  is ₽23514 per week

₽16333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1673
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽68973
-₽35727
-₽34007
-₽31836
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
national
-
-
-
1 870
regional
-
-
-
99
municipal
-
-
-
65
social contributions
-
-
-
7 366
total
-
-
-
9 400
Employee
84 474
-
15 500
-
regional
797
-
72
-
national
14 637
-
1 344
-
social contributions
28 485
-
9 657
-
municipal
447
-
47
-
total
44 366
-
11 120
-
Employer
84 474
-
15 500
-
total
-
-
-
-
Corporate
-
15 500
-
-
nationa
-
3 719
-
-
municipal
-
604
-
-
total
-
4 323
-
-
Dividends
-
11 176
-
-
withholding
-
2 906
-
-
total
-
2 906
-
-
Income
15 500
15 500
15 500
15 500
Total tax
44 366
7 229
11 120
9 400
After tax
-28 866
8 271
4 380
6 100
Living cost
40 107
40 107
40 107
40 107
Free-cash
-68 973
-31 836
-35 727
-34 007

Estimated living cost  is ₽40107 per week

₽27958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2630
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8903
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22549
-₽12387
-₽12108
-₽11225
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
unemployment
-
-
-
216
surtax
-
-
-
-
pensions
-
-
-
3 101
health
-
-
-
1 100
income
-
-
-
2 217
other
-
-
-
-
total
-
-
-
6 634
Employee
31 432
-
12 805
-
other
-
-
-
-
income
5 269
-
2 146
-
pensions
2 096
-
855
-
surtax
103
-
-
-
unemployment
2 188
-
891
-
health
803
-
326
-
total
10 459
-
4 218
-
Employer
31 432
-
12 805
-
unemployment
996
-
406
-
health
1 430
-
583
-
pensions
4 190
-
1 706
-
other
-
-
-
-
total
6 616
-
2 695
-
Corporate
-
15 500
-
-
income
-
4 030
-
-
total
-
4 030
-
-
Dividends
-
11 470
-
-
withholding
-
1 721
-
-
total
-
1 721
-
-
Income
15 500
15 500
15 500
15 500
Total tax
17 075
5 751
6 913
6 634
After tax
-1 575
9 749
8 587
8 866
Living cost
20 974
20 974
20 974
20 974
Free-cash
-22 549
-11 225
-12 387
-12 108

Estimated living cost  is ₽20974 per week

₽12825
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1935
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5730
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽53409
-₽32070
-₽31897
-₽32433
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
pensions
-
-
-
314
income
-
-
-
3 038
total
-
-
-
3 352
Employee
61 131
-
14 967
-
income
11 010
-
2 993
-
pensions
5 189
-
-
-
health
887
-
-
-
total
17 086
-
2 993
-
Employer
61 131
-
14 967
-
health
1 161
-
284
-
pensions
6 617
-
248
-
total
7 778
-
532
-
Corporate
-
15 500
-
-
income

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

-
2 945
-
-
total
-
2 945
-
-
Dividends
-
12 555
-
-
withholding
-
943
-
-
total
-
943
-
-
Income
15 500
15 500
15 500
15 500
Total tax
24 864
3 888
3 525
3 352
After tax
-9 364
11 612
11 975
12 148
Living cost
44 045
44 045
44 045
44 045
Free-cash
-53 409
-32 433
-32 070
-31 897

Estimated living cost  is ₽44045 per week

₽32998
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7284
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽81107
-₽64904
-₽62028
-₽68283
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
national
-
-
-
-
pensions
-
-
-
1 427
health
-
-
-
246
regional
-
-
-
12
city
-
-
-
161
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.

-
-
-
310
total
-
-
-
2 156
Employee
88 205
-
12 776
-
pensions
7 410
-
2 298
-
regional
2 888
-
-
-
national
418
-
-
-
unemployment
-
-
-
-
health
199
-
29
-
city
947
-
122
-
total
11 862
-
2 449
-
Employer
88 205
-
12 776
-
unemployment
-
-
-
-
health
199
-
29
-
pensions
7 410
-
2 298
-
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.

1 764
-
256
-
total
9 373
-
2 583
-
Corporate
-
15 500
-
-
national
-
1 318
-
-
regional
-
3 277
-
-
total
-
4 595
-
-
Dividends
-
10 904
-
-
withholding
-
3 816
-
-
total
-
3 816
-
-
Income
15 500
15 500
15 500
15 500
Total tax
21 235
8 411
5 032
2 156
After tax
-5 735
7 089
10 468
13 344
Living cost
75 372
75 372
75 372
75 372
Free-cash
-81 107
-68 283
-64 904
-62 028

Estimated living cost  is ₽75372 per week

₽49014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6764
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽925
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18669
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽41623
-₽34536
-₽34536
-₽35637
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
15 500
surtax

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

-
-
-
-
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.

-
-
-
6 493
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.

-
-
-
-
trade
-
-
-
-
total
-
-
-
6 493
Employee

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

57 123
-
15 500
-
income

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

6 717
-
-
-
surtax

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

370
-
-
-
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.

6 493
-
6 493
-
total
13 580
-
6 493
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
15 500
-
-
surtax

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

-
128
-
-
chamber of commerce
-
166
-
-
income
-
2 325
-
-
trade
-
2 659
-
-
total
-
5 278
-
-
Dividends
-
10 222
-
-
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.

-
121
-
-
withholding
-
2 195
-
-
total
-
2 316
-
-
Income
15 500
15 500
15 500
15 500
Total tax
13 580
7 594
6 493
6 493
After tax
1 920
7 906
9 007
9 007
Living cost
43 543
43 543
43 543
43 543
Free-cash
-41 623
-35 637
-34 536
-34 536

Estimated living cost  is ₽43543 per week

₽31802
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3483
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7693
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽37885
-₽22379
-₽23725
-₽24708
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
surtax
-
-
-
-
pensions
-
-
-
5 530
health
-
-
-
253
income
-
-
-
-
social contributions
-
-
-
442
other
-
-
-
480
total
-
-
-
6 705
Employee
40 680
-
11 811
-
income
2 401
-
-
-
pensions
4 600
-
1 335
-
surtax
-
-
-
-
social contributions
1 160
-
335
-
total
8 161
-
1 670
-
Employer
40 680
-
11 811
-
unemployment
1 647
-
478
-
social contributions
123
-
36
-
health
2 848
-
826
-
pensions
6 683
-
1 941
-
other
1 403
-
408
-
total
12 704
-
3 689
-
Corporate
-
15 500
-
-
surtax
-
-
-
-
income
-
4 340
-
-
total
-
4 340
-
-
Dividends
-
11 160
-
-
surtax
-
-
-
-
social contributions
-
1 919
-
-
withholding
-
1 429
-
-
total
-
3 348
-
-
Income
15 500
15 500
15 500
15 500
Total tax
20 865
7 688
5 359
6 705
After tax
-5 365
7 812
10 141
8 795
Living cost
32 520
32 520
32 520
32 520
Free-cash
-37 885
-24 708
-22 379
-23 725

Estimated living cost  is ₽32520 per week

₽20505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8818
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽32152
-₽19157
-₽20503
-₽21486
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
surtax
-
-
-
-
pensions
-
-
-
5 530
health
-
-
-
253
income
-
-
-
-
social contributions
-
-
-
442
other
-
-
-
480
total
-
-
-
6 705
Employee
36 312
-
11 811
-
income
1 872
-
-
-
pensions
4 107
-
1 335
-
surtax
-
-
-
-
social contributions
1 035
-
335
-
total
7 014
-
1 670
-
Employer
36 312
-
11 811
-
unemployment
1 470
-
478
-
social contributions
108
-
36
-
health
2 541
-
826
-
pensions
5 967
-
1 941
-
other
1 254
-
408
-
total
11 340
-
3 689
-
Corporate
-
15 500
-
-
surtax
-
-
-
-
income
-
4 340
-
-
total
-
4 340
-
-
Dividends
-
11 160
-
-
surtax
-
-
-
-
social contributions
-
1 919
-
-
withholding
-
1 429
-
-
total
-
3 348
-
-
Income
15 500
15 500
15 500
15 500
Total tax
18 354
7 688
5 359
6 705
After tax
-2 854
7 812
10 141
8 795
Living cost
29 298
29 298
29 298
29 298
Free-cash
-32 152
-21 486
-19 157
-20 503

Estimated living cost  is ₽29298 per week

₽16991
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2976
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8775
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19224
-₽11206
-₽10201
-₽10700
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
health
-
-
-
1 082
income
-
-
-
2 325
social contributions
-
-
-
2 139
total
-
-
-
5 546
Employee
32 227
-
15 500
-
income
5 375
-
3 330
-
social contributions
4 448
-
2 139
-
health
2 249
-
1 082
-
total
12 072
-
6 551
-
Employer
32 227
-
15 500
-
total
-
-
-
-
Corporate
-
15 500
-
-
income

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

-
776
-
-
total
-
776
-
-
Dividends
-
14 724
-
-
social contributions
1 658
2 033
-
-
withholding
-
2 208
-
-
health
839
1 028
-
-
total
2 497
5 269
-
-
Income
15 500
15 500
15 500
15 500
Total tax
14 569
6 045
6 551
5 546
After tax
931
9 455
8 949
9 954
Living cost
20 155
20 155
20 155
20 155
Free-cash
-19 224
-10 700
-11 206
-10 201

Estimated living cost  is ₽20155 per week

₽13488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1243
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4958
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽46760
-₽31111
-₽28124
-₽39636
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
unemployment
-
-
-
5 830
surtax
-
-
-
188
pensions
-
-
-
2 868
health
-
-
-
1 185
income
-
-
-
-
chamber of commerce
-
-
-
61
total
-
-
-
10 132
Employee
47 501
37 879
37 879
-
other
474
379
103
-
income
5 408
2 794
4 396
-
pensions
4 865
3 878
1 057
-
unemployment
1 425
1 136
310
-
health
1 838
1 466
400
-
total
14 010
9 653
6 266
-
Employer
47 501
37 879
37 879
-
chamber of commerce
189
152
152
-
surtax
188
188
188
-
accident
617
492
133
-
payroll
1 425
1 136
1 136
-
unemployment
1 425
1 136
310
-
health
1 795
1 432
390
-
pensions
5 961
4 755
1 297
-
other
2 256
1 798
1 566
-
total
13 856
11 089
5 172
-
Corporate
3 607
3 607
6 721
-
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.

902
902
1 681
-
total
902
902
1 681
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
28 768
21 644
13 119
10 132
After tax
-13 268
-6 144
2 381
5 368
Living cost
33 492
33 492
33 492
33 492
Free-cash
-46 760
-39 636
-31 111
-28 124

Estimated living cost  is ₽33492 per week

₽22338
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7747
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽72280
-₽27456
-₽27420
-₽25673
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
national
-
-
-
2 623
communal

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

-
-
-
630
social contributions
-
-
-
5 011
total
-
-
-
8 264
Employee

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

67 989
-
12 006
-
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.

5 099
-
900
-
communal

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

3 546
-
626
-
national
20 903
-
2 610
-
unemployment

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

592
-
105
-
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.

3 194
-
565
-
total
33 334
-
4 806
-
Employer

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

67 989
-
12 006
-
accident

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

884
-
157
-
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.

992
-
175
-
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.

4 181
-
738
-
pensions

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

6 024
-
1 064
-
surtax
7 709
-
1 360
-
total
19 790
-
3 494
-
Corporate
-
15 500
-
-
surtax
-
61
-
-
income
-
3 101
-
-
total
-
3 162
-
-
Dividends
-
12 338
-
-
withholding

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

-
3 355
-
-
total
-
3 355
-
-
Income
15 500
15 500
15 500
15 500
Total tax
53 124
6 517
8 300
8 264
After tax
-37 624
8 983
7 200
7 236
Living cost
34 656
34 656
34 656
34 656
Free-cash
-72 280
-25 673
-27 456
-27 420

Estimated living cost  is ₽34656 per week

₽22323
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3030
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.
₽8761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽46895
-₽31600
-₽26737
-₽23701
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
unemployment
-
-
-
142
accident
-
-
-
184
pensions
-
-
-
5 785
income
-
-
-
1 780
other
-
-
-
20
total
-
-
-
7 911
Employee
47 313
-
5 381
-
other
47
-
32
-
income
9 983
-
639
-
pensions
2 224
-
1 492
-
unemployment
734
-
492
-
total
12 988
-
2 655
-
Employer
47 313
-
5 381
-
accident
936
-
628
-
unemployment
2 603
-
1 746
-
pensions
11 165
-
7 491
-
other
377
-
254
-
total
15 081
-
10 119
-
Corporate
-
15 500
-
-
income

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

-
2 325
-
-
total
-
2 325
-
-
Dividends
-
13 175
-
-
withholding
-
2 550
-
-
total
-
2 550
-
-
Income
15 500
15 500
15 500
15 500
Total tax
28 069
4 875
12 774
7 911
After tax
-12 569
10 625
2 726
7 589
Living cost
34 326
34 326
34 326
34 326
Free-cash
-46 895
-23 701
-31 600
-26 737

Estimated living cost  is ₽34326 per week

₽25278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2435
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6118
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽65081
-₽47503
-₽47502
-₽41048
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
accident
-
-
-
408
surtax
-
-
-
312
pensions
-
-
-
7 237
communal
-
-
-
-
health
-
-
-
3 391
income
-
-
-
-
total
-
-
-
11 348
Employee
71 980
-
10 094
-
income
6 953
-
-
-
pensions
5 758
-
3 618
-
surtax
4 412
-
312
-
health
3 203
-
2 013
-
total
20 326
-
5 943
-
Employer
71 980
-
10 094
-
accident
648
-
408
-
health
2 195
-
1 380
-
pensions
5 758
-
3 618
-
total
8 601
-
5 406
-
Corporate
-
15 500
-
-
surtax
-
162
-
-
communal
-
-
-
-
income
-
2 325
-
-
total
-
2 487
-
-
Dividends
-
13 013
-
-
income
-
455
-
-
withholding
-
1 952
-
-
total
-
2 407
-
-
Income
15 500
15 500
15 500
15 500
Total tax
28 927
4 894
11 349
11 348
After tax
-13 427
10 606
4 151
4 152
Living cost
51 654
51 654
51 654
51 654
Free-cash
-65 081
-41 048
-47 503
-47 502

Estimated living cost  is ₽51654 per week

₽38748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3129
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.
₽9228
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23250
-₽12762
-₽12483
-₽11600
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
unemployment
-
-
-
216
surtax
-
-
-
-
pensions
-
-
-
3 101
health
-
-
-
1 100
income
-
-
-
2 217
other
-
-
-
-
total
-
-
-
6 634
Employee
32 009
-
12 805
-
other
-
-
-
-
income
5 366
-
2 146
-
pensions
2 136
-
855
-
surtax
114
-
-
-
unemployment
2 228
-
891
-
health
817
-
326
-
total
10 661
-
4 218
-
Employer
32 009
-
12 805
-
unemployment
1 016
-
406
-
health
1 456
-
583
-
pensions
4 268
-
1 706
-
other
-
-
-
-
total
6 740
-
2 695
-
Corporate
-
15 500
-
-
income
-
4 030
-
-
total
-
4 030
-
-
Dividends
-
11 470
-
-
withholding
-
1 721
-
-
total
-
1 721
-
-
Income
15 500
15 500
15 500
15 500
Total tax
17 401
5 751
6 913
6 634
After tax
-1 901
9 749
8 587
8 866
Living cost
21 349
21 349
21 349
21 349
Free-cash
-23 250
-11 600
-12 762
-12 483

Estimated living cost  is ₽21349 per week

₽12890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽37226
-₽21271
-₽19571
-₽17456
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
national
-
-
-
1 870
regional
-
-
-
166
municipal
-
-
-
65
social contributions
-
-
-
7 366
total
-
-
-
9 467
Employee
52 725
-
15 500
-
regional
710
-
119
-
national
8 353
-
1 344
-
social contributions
17 779
-
9 657
-
municipal
280
-
47
-
total
27 122
-
11 167
-
Employer
52 725
-
15 500
-
total
-
-
-
-
Corporate
-
15 500
-
-
nationa
-
3 719
-
-
municipal
-
770
-
-
total
-
4 489
-
-
Dividends
-
11 010
-
-
withholding
-
2 863
-
-
total
-
2 863
-
-
Income
15 500
15 500
15 500
15 500
Total tax
27 122
7 352
11 167
9 467
After tax
-11 622
8 148
4 333
6 033
Living cost
25 604
25 604
25 604
25 604
Free-cash
-37 226
-17 456
-21 271
-19 571

Estimated living cost  is ₽25604 per week

₽15923
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2594
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.
₽6649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽41599
-₽21111
-₽21426
-₽18304
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
health
-
-
-
2 092
solidarity contribution
-
-
-
-
income
-
-
-
1 332
social contributions
-
-
-
4 526
total
-
-
-
7 950
Employee
42 611
-
11 567
-
solidarity contribution
-
-
-
-
income
5 113
-
1 388
-
social contributions
2 770
-
752
-
health
5 752
-
1 562
-
total
13 635
-
3 702
-
Employer
42 611
-
11 567
-
social contributions
10 653
-
2 892
-
health
3 835
-
1 041
-
total
14 488
-
3 933
-
Corporate
-
15 500
-
-
income
-
2 945
-
-
total
-
2 945
-
-
Dividends
-
12 555
-
-
withholding
-
1 883
-
-
total
-
1 883
-
-
Income
15 500
15 500
15 500
15 500
Total tax
28 123
4 828
7 635
7 950
After tax
-12 623
10 672
7 865
7 550
Living cost
28 976
28 976
28 976
28 976
Free-cash
-41 599
-18 304
-21 111
-21 426

Estimated living cost  is ₽28976 per week

₽21548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1605
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5321
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽38906
-₽27845
-₽24768
-₽36280
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
unemployment
-
-
-
5 830
surtax
-
-
-
-
pensions
-
-
-
2 868
health
-
-
-
1 185
income
-
-
-
-
chamber of commerce
-
-
-
61
total
-
-
-
9 944
Employee
41 549
37 879
37 879
-
other
415
379
105
-
income
3 701
2 794
4 387
-
pensions
4 255
3 878
1 073
-
unemployment
1 246
1 136
314
-
health
1 607
1 466
406
-
total
11 224
9 653
6 285
-
Employer
41 549
37 879
37 879
-
chamber of commerce
166
152
152
-
surtax
-
-
-
-
accident
539
492
137
-
payroll
1 246
1 136
1 136
-
unemployment
1 246
1 136
314
-
health
1 571
1 432
397
-
pensions
5 215
4 755
1 315
-
other
1 973
1 798
1 566
-
total
11 956
10 901
5 017
-
Corporate
3 607
3 607
6 876
-
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.

902
902
1 719
-
total
902
902
1 719
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
24 082
21 456
13 021
9 944
After tax
-8 582
-5 956
2 479
5 556
Living cost
30 324
30 324
30 324
30 324
Free-cash
-38 906
-36 280
-27 845
-24 768

Estimated living cost  is ₽30324 per week

₽18191
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽809
-₽647
₽2298
₽1678
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
15 500
microenterprise

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

-
-
-
155
total
-
-
-
155
Employee
16 309
-
15 500
-
income
3 262
-
3 100
-
total
3 262
-
3 100
-
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%.

-
15 500
-
-
total
-
-
-
-
Dividends
-
15 500
-
-
withholding
-
775
-
-
total
-
775
-
-
Income
15 500
15 500
15 500
15 500
Total tax
3 262
775
3 100
155
After tax
12 238
14 725
12 400
15 345
Living cost
13 047
13 047
13 047
13 047
Free-cash
-809
1 678
-647
2 298

Estimated living cost  is ₽13047 per week

₽8829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽548
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.
₽3232
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽33075
-₽16717
-₽16151
-₽14823
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
15 500
unemployment
-
-
-
23
pensions
-
-
-
2 830
health
-
-
-
1 526
income
-
-
-
1 778
total
-
-
-
6 157
Employee

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

42 031
-
13 413
-
income
7 248
-
1 672
-
pensions
6 515
-
2 080
-
unemployment
60
-
18
-
health
2 715
-
866
-
total
16 538
-
4 636
-
Employer

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

42 031
-
13 413
-
unemployment
25
-
7
-
health
2 799
-
893
-
pensions
3 719
-
1 187
-
total
6 543
-
2 087
-
Corporate
-
15 500
-
-
income
-
2 946
-
-
total
-
2 946
-
-
Dividends
-
12 554
-
-
withholding
-
1 883
-
-
total
-
1 883
-
-
Income
15 500
15 500
15 500
15 500
Total tax
23 081
4 829
6 723
6 157
After tax
-7 581
10 671
8 777
9 343
Living cost
25 494
25 494
25 494
25 494
Free-cash
-33 075
-14 823
-16 717
-16 151

Estimated living cost  is ₽25494 per week

₽17496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1634
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5871
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽138483
-₽43067
-₽33848
-₽35130
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
income
-
-
-
3 021
social contributions
-
-
-
1 767
total
-
-
-
4 788
Employee
63 893
-
2 661
-
income
14 094
-
421
-
social contributions
5 239
-
747
-
total
19 333
-
1 168
-
Employer
63 893
-
2 661
-
social contributions
90 090
-
12 839
-
total
90 090
-
12 839
-
Corporate
-
15 500
-
-
income
-
3 410
-
-
total
-
3 410
-
-
Dividends
-
12 090
-
-
income
-
2 660
-
-
total
-
2 660
-
-
Income
15 500
15 500
15 500
15 500
Total tax
109 423
6 070
14 007
4 788
After tax
-93 923
9 430
1 493
10 712
Living cost
44 560
44 560
44 560
44 560
Free-cash
-138 483
-35 130
-43 067
-33 848

Estimated living cost  is ₽44560 per week

₽28913
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4191
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10889
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽38598
-₽20282
-₽20605
-₽20999
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
15 500
surtax
-
-
-
-
income
-
-
-
905
social contributions

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

-
-
-
5 386
total
-
-
-
6 291
Employee
43 715
-
12 526
-
income
9 093
-
1 616
-
surtax
-
-
-
-
social contributions
4 809
-
1 378
-
total
13 902
-
2 994
-
Employer
43 715
-
12 526
-
social contributions
10 382
-
2 974
-
total
10 382
-
2 974
-
Corporate
-
15 500
-
-
surtax
-
-
-
-
income
-
3 256
-
-
total
-
3 256
-
-
Dividends
-
12 244
-
-
withholding
-
3 429
-
-
total
-
3 429
-
-
Income
15 500
15 500
15 500
15 500
Total tax
24 284
6 685
5 968
6 291
After tax
-8 784
8 815
9 532
9 209
Living cost
29 814
29 814
29 814
29 814
Free-cash
-38 598
-20 999
-20 282
-20 605

Estimated living cost  is ₽29814 per week

₽22307
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.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽62625
-₽35767
-₽37113
-₽38096
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
surtax
-
-
-
-
pensions
-
-
-
5 530
health
-
-
-
253
income
-
-
-
-
social contributions
-
-
-
442
other
-
-
-
480
total
-
-
-
6 705
Employee
59 531
-
11 811
-
income
5 194
-
-
-
pensions
6 733
-
1 335
-
surtax
-
-
-
-
social contributions
1 696
-
335
-
total
13 623
-
1 670
-
Employer
59 531
-
11 811
-
unemployment
2 412
-
478
-
social contributions
179
-
36
-
health
4 167
-
826
-
pensions
9 782
-
1 941
-
other
2 054
-
408
-
total
18 594
-
3 689
-
Corporate
-
15 500
-
-
surtax
-
-
-
-
income
-
4 340
-
-
total
-
4 340
-
-
Dividends
-
11 160
-
-
surtax
-
-
-
-
social contributions
-
1 919
-
-
withholding
-
1 429
-
-
total
-
3 348
-
-
Income
15 500
15 500
15 500
15 500
Total tax
32 217
7 688
5 359
6 705
After tax
-16 717
7 812
10 141
8 795
Living cost
45 908
45 908
45 908
45 908
Free-cash
-62 625
-38 096
-35 767
-37 113

Estimated living cost  is ₽45908 per week

₽31069
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19794
-₽16022
-₽16480
-₽14620
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
income
-
-
-
-
social contributions
-
-
-
3 409
total
-
-
-
3 409
Employee
30 557
-
13 420
-
income
-
-
-
-
social contributions
1 986
-
871
-
total
1 986
-
871
-
Employer
30 557
-
13 420
-
social contributions
4 737
-
2 080
-
total
4 737
-
2 080
-
Corporate
-
15 500
-
-
income
-
1 549
-
-
total
-
1 549
-
-
Dividends
-
13 951
-
-
total
-
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
6 723
1 549
2 951
3 409
After tax
8 777
13 951
12 549
12 091
Living cost
28 571
28 571
28 571
28 571
Free-cash
-19 794
-14 620
-16 022
-16 480

Estimated living cost  is ₽28571 per week

₽18474
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽191196
-₽191196
-₽33118
-₽191196
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
national
-
-
-
434
pensions
-
-
-
822
municipal
-
-
-
499
labour market
-
-
-
1 174
total
-
-
-
2 929
Employee
192 841
192 841
192 841
-
labour market
15 405
15 405
15 405
-
pensions
274
274
274
-
national
23 559
23 559
23 559
-
municipal
41 064
41 064
41 064
-
total
80 302
80 302
80 302
-
Employer
192 841
192 841
192 841
-
labour market
15 427
15 427
15 427
-
national
23 600
23 600
23 600
-
municipal
41 130
41 130
41 130
-
pensions
548
548
548
-
total
80 705
80 705
80 705
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
161 007
161 007
161 007
2 929
After tax
-145 507
-145 507
-145 507
12 571
Living cost
45 689
45 689
45 689
45 689
Free-cash
-191 196
-191 196
-191 196
-33 118

Estimated living cost  is ₽45689 per week

₽31270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4042
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽703
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9674
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22819
-₽12051
-₽12834
-₽18980
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
accident
-
-
-
236
pensions
-
-
-
3 884
health
-
-
-
2 036
income
-
-
-
1 597
other
-
-
-
346
total
-
-
-
8 099
Employee
31 832
-
12 876
-
income
4 367
-
1 767
-
pensions
3 584
-
1 450
-
health
3 645
-
1 474
-
total
11 596
-
4 691
-
Employer
31 832
-
12 876
-
accident
532
-
215
-
unemployment
780
-
316
-
pensions
5 176
-
2 094
-
total
6 488
-
2 625
-
Corporate
-
15 500
-
-
income

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

-
13 950
-
-
total
-
13 950
-
-
Dividends
-
1 550
-
-
withholding
-
295
-
-
total
-
295
-
-
Income
15 500
15 500
15 500
15 500
Total tax
18 084
14 245
7 316
8 099
After tax
-2 584
1 255
8 184
7 401
Living cost
20 235
20 235
20 235
20 235
Free-cash
-22 819
-18 980
-12 051
-12 834

Estimated living cost  is ₽20235 per week

₽14729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽380
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3973
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽43943
-₽26682
-₽23782
-₽25767
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
15 500
national
-
-
-
-
health
-
-
-
-
municipal
-
-
-
2 790
total
-
-
-
2 790
Employee
50 007
-
13 040
-
pensions
3 375
-
880
-
national
826
-
-
-
unemployment
750
-
195
-
municipal
8 191
-
2 154
-
health
373
-
-
-
total
13 515
-
3 229
-
Employer
50 007
-
13 040
-
accident
51
-
13
-
unemployment
325
-
85
-
health
384
-
101
-
pensions
8 676
-
2 262
-
total
9 436
-
2 461
-
Corporate
-
15 500
-
-
income
-
3 101
-
-
total
-
3 101
-
-
Dividends

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

-
9 300
-
-
national
-
-
-
-
municipal
-
1 674
-
-
total
-
1 674
-
-
Income
15 500
15 500
15 500
15 500
Total tax
22 951
4 775
5 690
2 790
After tax
-7 451
10 725
9 810
12 710
Living cost
36 492
36 492
36 492
36 492
Free-cash
-43 943
-25 767
-26 682
-23 782

Estimated living cost  is ₽36492 per week

₽23836
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8566
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21172
-₽19689
-₽13066
-₽28001
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 133
health
-
-
-
922
income
-
-
-
-
social contributions
-
-
-
5 637
total
-
-
-
6 559
Employee
73 088
73 088
73 088
-
income
7 958
6 766
8 218
-
social contributions
2 763
6 066
2 045
-
health
566
1 243
418
-
total
11 287
14 075
10 681
-
Employer
73 088
73 088
73 088
-
social contributions
2 763
6 066
2 045
-
health
615
1 353
456
-
total
3 378
7 419
2 501
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
14 665
21 494
13 182
6 559
After tax
835
-5 994
2 318
8 941
Living cost
22 007
22 007
22 007
22 007
Free-cash
-21 172
-28 001
-19 689
-13 066

Estimated living cost  is ₽22007 per week

₽13189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8562
-₽6155
-₽9643
-₽2255
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 500
unemployment
-
-
-
27
pensions
-
-
-
6 046
health
-
-
-
3 440
income
-
-
-
539
total
-
-
-
10 052
Employee

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

21 817
-
13 794
-
income
1 492
-
884
-
pensions
3 272
-
2 484
-
unemployment
108
-
83
-
health
1 854
-
1 407
-
total
6 726
-
4 858
-
Employer

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

21 817
-
13 794
-
unemployment
108
-
83
-
health
938
-
712
-
pensions
1 199
-
911
-
total
2 245
-
1 706
-
Corporate
-
15 500
-
-
income
-
1 394
-
-
total
-
1 394
-
-
Dividends
-
14 106
-
-
withholding
-
1 270
-
-
total
-
1 270
-
-
Income
15 500
15 500
15 500
15 500
Total tax
8 971
2 664
6 564
10 052
After tax
6 529
12 836
8 936
5 448
Living cost
15 091
15 091
15 091
15 091
Free-cash
-8 562
-2 255
-6 155
-9 643

Estimated living cost  is ₽15091 per week

₽9628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1088
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3925
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30849
-₽23411
-₽18548
-₽15512
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
unemployment
-
-
-
142
accident
-
-
-
184
pensions
-
-
-
5 785
income
-
-
-
1 780
other
-
-
-
20
total
-
-
-
7 911
Employee
35 145
-
5 381
-
other
34
-
32
-
income
6 776
-
639
-
pensions
1 652
-
1 492
-
unemployment
545
-
492
-
total
9 007
-
2 655
-
Employer
35 145
-
5 381
-
accident
696
-
628
-
unemployment
1 934
-
1 746
-
pensions
8 294
-
7 491
-
other
281
-
254
-
total
11 205
-
10 119
-
Corporate
-
15 500
-
-
income

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

-
2 325
-
-
total
-
2 325
-
-
Dividends
-
13 175
-
-
withholding
-
2 550
-
-
total
-
2 550
-
-
Income
15 500
15 500
15 500
15 500
Total tax
20 212
4 875
12 774
7 911
After tax
-4 712
10 625
2 726
7 589
Living cost
26 137
26 137
26 137
26 137
Free-cash
-30 849
-15 512
-23 411
-18 548

Estimated living cost  is ₽26137 per week

₽17642
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2513
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.
₽5525
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7770
₽7366
₽7483
₽8039
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
pensions
-
-
-
1 191
health
-
-
-
864
income
-
-
-
4 329
total
-
-
-
6 384
Employee
2 487
-
14 160
-
income
481
-
4 267
-
pensions
224
-
536
-
unemployment
25
-
60
-
health
124
-
298
-
total
854
-
5 161
-
Employer
2 487
-
14 160
-
unemployment
50
-
119
-
health
236
-
566
-
pensions
274
-
655
-
total
560
-
1 340
-
Corporate
12 453
15 500
-
-
income
2 740
3 410
-
-
total
2 740
3 410
-
-
Dividends
9 713
12 090
-
-
withholding
1 943
2 418
-
-
total
1 943
2 418
-
-
Income
15 500
15 500
15 500
15 500
Total tax
6 097
5 828
6 501
6 384
After tax
9 403
9 672
8 999
9 116
Living cost
1 633
1 633
1 633
1 633
Free-cash
7 770
8 039
7 366
7 483

Estimated living cost  is ₽1633 per week

₽970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽132
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽37
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13667
-₽6965
-₽7629
-₽5206
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
15 500
unemployment
-
-
-
232
pensions
-
-
-
4 030
health
-
-
-
1 596
income
-
-
-
866
total
-
-
-
6 724
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.

24 738
-
13 147
-
income
3 410
-
1 089
-
pensions
3 463
-
1 841
-
unemployment
186
-
99
-
health
1 274
-
677
-
total
8 333
-
3 706
-
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.

24 738
-
13 147
-
unemployment
186
-
99
-
health
1 274
-
677
-
pensions
2 969
-
1 578
-
total
4 429
-
2 354
-
Corporate
-
15 500
-
-
income
-
2 325
-
-
total
-
2 325
-
-
Dividends
-
13 175
-
-
withholding
-
1 976
-
-
total
-
1 976
-
-
Income
15 500
15 500
15 500
15 500
Total tax
12 762
4 301
6 060
6 724
After tax
2 738
11 199
9 440
8 776
Living cost
16 405
16 405
16 405
16 405
Free-cash
-13 667
-5 206
-6 965
-7 629

Estimated living cost  is ₽16405 per week

₽11046
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1269
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30152
-₽16093
-₽16416
-₽16810
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
15 500
surtax
-
-
-
-
income
-
-
-
905
social contributions

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

-
-
-
5 386
total
-
-
-
6 291
Employee
36 891
-
12 526
-
income
7 208
-
1 616
-
surtax
-
-
-
-
social contributions
4 058
-
1 378
-
total
11 266
-
2 994
-
Employer
36 891
-
12 526
-
social contributions
8 761
-
2 974
-
total
8 761
-
2 974
-
Corporate
-
15 500
-
-
surtax
-
-
-
-
income
-
3 256
-
-
total
-
3 256
-
-
Dividends
-
12 244
-
-
withholding
-
3 429
-
-
total
-
3 429
-
-
Income
15 500
15 500
15 500
15 500
Total tax
20 027
6 685
5 968
6 291
After tax
-4 527
8 815
9 532
9 209
Living cost
25 625
25 625
25 625
25 625
Free-cash
-30 152
-16 810
-16 093
-16 416

Estimated living cost  is ₽25625 per week

₽18149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5242
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽45041
-₽30679
-₽25816
-₽22780
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
unemployment
-
-
-
142
accident
-
-
-
184
pensions
-
-
-
5 785
income
-
-
-
1 780
other
-
-
-
20
total
-
-
-
7 911
Employee
45 904
-
5 381
-
other
45
-
32
-
income
9 588
-
639
-
pensions
2 157
-
1 492
-
unemployment
711
-
492
-
total
12 501
-
2 655
-
Employer
45 904
-
5 381
-
accident
909
-
628
-
unemployment
2 525
-
1 746
-
pensions
10 833
-
7 491
-
other
368
-
254
-
total
14 635
-
10 119
-
Corporate
-
15 500
-
-
income

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

-
2 325
-
-
total
-
2 325
-
-
Dividends
-
13 175
-
-
withholding
-
2 550
-
-
total
-
2 550
-
-
Income
15 500
15 500
15 500
15 500
Total tax
27 136
4 875
12 774
7 911
After tax
-11 636
10 625
2 726
7 589
Living cost
33 405
33 405
33 405
33 405
Free-cash
-45 041
-22 780
-30 679
-25 816

Estimated living cost  is ₽33405 per week

₽23990
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2597
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6347
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11240
-₽7096
-₽7846
-₽3630
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
unemployment
-
-
-
62
pensions

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

-
-
-
2 294
health
-
-
-
1 783
income
-
-
-
2 325
total
-
-
-
6 464
Employee
22 354
-
12 957
-
income
2 236
-
1 296
-
pensions

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

1 962
-
1 138
-
accident

We are using the highest rate at 1.1%.

246
-
143
-
health
1 028
-
595
-
total
5 472
-
3 172
-
Employer
22 354
-
12 957
-
accident

We are using the highest rate at 1.1%.

246
-
143
-
unemployment
134
-
78
-
health
1 543
-
894
-
pensions

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

2 463
-
1 427
-
total
4 386
-
2 542
-
Corporate
-
15 500
-
-
income
-
1 550
-
-
total
-
1 550
-
-
Dividends
-
13 950
-
-
withholding
-
698
-
-
total
-
698
-
-
Income
15 500
15 500
15 500
15 500
Total tax
9 858
2 248
5 714
6 464
After tax
5 642
13 252
9 786
9 036
Living cost
16 882
16 882
16 882
16 882
Free-cash
-11 240
-3 630
-7 096
-7 846

Estimated living cost  is ₽16882 per week

₽11166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽966
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.
₽4348
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31793
-₽27689
-₽27689
-₽28470
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
15 500
surtax

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

-
-
-
-
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.

-
-
-
6 493
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.

-
-
-
-
trade
-
-
-
-
total
-
-
-
6 493
Employee

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

47 293
-
15 500
-
income

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

3 889
-
-
-
surtax

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

215
-
-
-
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.

6 493
-
6 493
-
total
10 597
-
6 493
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
15 500
-
-
surtax

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

-
128
-
-
chamber of commerce
-
168
-
-
income
-
2 325
-
-
trade
-
2 224
-
-
total
-
4 845
-
-
Dividends
-
10 655
-
-
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.

-
126
-
-
withholding
-
2 303
-
-
total
-
2 429
-
-
Income
15 500
15 500
15 500
15 500
Total tax
10 597
7 274
6 493
6 493
After tax
4 903
8 226
9 007
9 007
Living cost
36 696
36 696
36 696
36 696
Free-cash
-31 793
-28 470
-27 689
-27 689

Estimated living cost  is ₽36696 per week

₽25314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3948
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6901
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽58850
-₽39028
-₽39028
-₽43294
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
income
-
-
-
124
social contributions
-
-
-
260
total
-
-
-
384
Employee
74 350
-
15 500
-
income
14 029
-
124
-
social contributions
6 177
-
260
-
total
20 206
-
384
-
Employer
74 350
-
15 500
-
total
-
-
-
-
Corporate
-
15 500
-
-
income
-
1 937
-
-
total
-
1 937
-
-
Dividends
-
13 563
-
-
withholding
-
2 713
-
-
total
-
2 713
-
-
Income
15 500
15 500
15 500
15 500
Total tax
20 206
4 650
384
384
After tax
-4 706
10 850
15 116
15 116
Living cost
54 144
54 144
54 144
54 144
Free-cash
-58 850
-43 294
-39 028
-39 028

Estimated living cost  is ₽54144 per week

₽41192
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4412
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8023
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽35309
-₽22307
-₽52089
-₽27266
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
15 500
health

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

-
-
-
6 030
income
-
-
-
27 056
total
-
-
-
33 086
Employee
43 603
-
13 848
-
income
4 731
-
-
-
social contributions
4 369
-
1 652
-
total
9 100
-
1 652
-
Employer
43 603
-
13 848
-
social contributions
4 369
-
1 652
-
total
4 369
-
1 652
-
Corporate
-
15 500
-
-
income
-
5 426
-
-
total
-
5 426
-
-
Dividends
-
10 074
-
-
social contributions
2 837
2 837
-
-
total
2 837
2 837
-
-
Income
15 500
15 500
15 500
15 500
Total tax
16 306
8 263
3 304
33 086
After tax
-806
7 237
12 196
-17 586
Living cost
34 503
34 503
34 503
34 503
Free-cash
-35 309
-27 266
-22 307
-52 089

Estimated living cost  is ₽34503 per week

₽22727
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8526
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽39550
-₽23832
-₽23659
-₽24195
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
pensions
-
-
-
314
income
-
-
-
3 038
total
-
-
-
3 352
Employee
49 150
-
14 967
-
income
8 951
-
2 993
-
pensions
3 751
-
-
-
health
641
-
-
-
total
13 343
-
2 993
-
Employer
49 150
-
14 967
-
health
934
-
284
-
pensions
4 966
-
248
-
total
5 900
-
532
-
Corporate
-
15 500
-
-
income

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

-
2 945
-
-
total
-
2 945
-
-
Dividends
-
12 555
-
-
withholding
-
943
-
-
total
-
943
-
-
Income
15 500
15 500
15 500
15 500
Total tax
19 243
3 888
3 525
3 352
After tax
-3 743
11 612
11 975
12 148
Living cost
35 807
35 807
35 807
35 807
Free-cash
-39 550
-24 195
-23 832
-23 659

Estimated living cost  is ₽35807 per week

₽24563
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3293
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7501
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽26611
-₽14055
-₽14838
-₽20984
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
accident
-
-
-
236
pensions
-
-
-
3 884
health
-
-
-
2 036
income
-
-
-
1 597
other
-
-
-
346
total
-
-
-
8 099
Employee
34 983
-
12 876
-
income
4 799
-
1 767
-
pensions
3 939
-
1 450
-
health
4 005
-
1 474
-
total
12 743
-
4 691
-
Employer
34 983
-
12 876
-
accident
584
-
215
-
unemployment
857
-
316
-
pensions
5 688
-
2 094
-
total
7 129
-
2 625
-
Corporate
-
15 500
-
-
income

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

-
13 950
-
-
total
-
13 950
-
-
Dividends
-
1 550
-
-
withholding
-
295
-
-
total
-
295
-
-
Income
15 500
15 500
15 500
15 500
Total tax
19 872
14 245
7 316
8 099
After tax
-4 372
1 255
8 184
7 401
Living cost
22 239
22 239
22 239
22 239
Free-cash
-26 611
-20 984
-14 055
-14 838

Estimated living cost  is ₽22239 per week

₽16321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1296
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5044
-₽3152
-₽3152
₽335
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
15 500
unemployment
-
-
-
186
pensions
-
-
-
2 852
income
-
-
-
1 550
health insurance
-
-
-
1 147
work injury
-
-
-
77
total
-
-
-
5 812
Employee

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

20 544
-
15 500
-
income
2 054
-
1 550
-
pensions
3 780
-
2 852
-
health insurance
1 520
-
1 147
-
unemployment
247
-
186
-
work injury
103
-
77
-
total
7 704
-
5 812
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
15 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
-
15 500
-
-
withholding
-
2 325
-
-
total
-
2 325
-
-
Income
15 500
15 500
15 500
15 500
Total tax
7 704
2 325
5 812
5 812
After tax
7 796
13 175
9 688
9 688
Living cost
12 840
12 840
12 840
12 840
Free-cash
-5 044
335
-3 152
-3 152

Estimated living cost  is ₽12840 per week

₽7955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽64594
-₽33519
-₽31816
-₽29699
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
national
-
-
-
1 870
regional
-
-
-
141
municipal
-
-
-
74
social contributions
-
-
-
7 366
total
-
-
-
9 451
Employee
80 095
-
15 500
-
regional
1 209
-
101
-
national
13 535
-
1 344
-
social contributions
27 007
-
9 657
-
municipal
478
-
52
-
total
42 229
-
11 154
-
Employer
80 095
-
15 500
-
total
-
-
-
-
Corporate
-
15 500
-
-
nationa
-
3 719
-
-
municipal
-
747
-
-
total
-
4 466
-
-
Dividends
-
11 034
-
-
withholding
-
2 868
-
-
total
-
2 868
-
-
Income
15 500
15 500
15 500
15 500
Total tax
42 229
7 334
11 154
9 451
After tax
-26 729
8 166
4 346
6 049
Living cost
37 865
37 865
37 865
37 865
Free-cash
-64 594
-29 699
-33 519
-31 816

Estimated living cost  is ₽37865 per week

₽26598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2605
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8090
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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