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
-₽20943
-₽20790
-₽19869
-₽19869
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
-
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.

-
-
-
6 509
surtax

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

-
-
-
-
total
-
-
-
6 509
Employee

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

36 443
-
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.

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.

6 509
-
6 509
-
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.

1 018
-
-
-
total
7 583
-
6 509
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
15 500
-
-
trade
-
2 441
-
-
income
-
2 325
-
-
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
-
-
total
-
5 060
-
-
Dividends
-
10 439
-
-
withholding
-
2 247
-
-
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
-
-
total
-
2 370
-
-
Income
15 500
15 500
15 500
15 500
Total tax
7 583
7 430
6 509
6 509
After tax
7 917
8 070
8 991
8 991
Living cost
28 860
28 860
28 860
28 860
Free-cash
-20 943
-20 790
-19 869
-19 869

Estimated living cost  is ₽28860 per week

₽18154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6802
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽67502
-₽39416
-₽37022
-₽37144
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
167
pensions
-
-
-
1 860
municipal
-
-
-
600
national
-
-
-
929
total
-
-
-
3 556
Employee
76 095
-
13 400
-
national
14 565
-
1 022
-
municipal
9 399
-
660
-
pensions
3 044
-
536
-
total
27 008
-
2 218
-
Employer
76 095
-
13 400
-
pensions
6 088
-
1 072
-
social contributions
818
-
144
-
total
6 906
-
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
33 914
5 828
3 434
3 556
After tax
-18 414
9 672
12 066
11 944
Living cost
49 088
49 088
49 088
49 088
Free-cash
-67 502
-39 416
-37 022
-37 144

Estimated living cost  is ₽49088 per week

₽33364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4563
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽735
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10426
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19047
-₽7421
-₽10929
-₽9647
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
3 000
income
-
-
-
-
microenterprise
-
-
-
2 325
surtax
-
-
-
-
total
-
-
-
5 325
Employee
27 841
-
12 491
-
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.

3 063
-
1 374
-
income
4 956
-
2 224
-
total
8 019
-
3 598
-
Employer
27 841
-
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.

6 706
-
3 009
-
surtax
-
-
-
-
total
6 706
-
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%.

-
3 099
-
-
total
-
3 099
-
-
Dividends

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

-
12 401
-
-
total
-
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
14 725
3 099
6 607
5 325
After tax
775
12 401
8 893
10 175
Living cost
19 822
19 822
19 822
19 822
Free-cash
-19 047
-7 421
-10 929
-9 647

Estimated living cost  is ₽19822 per week

₽12646
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽79115
-₽73766
-₽79115
-₽30979
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 396
pensions
-
-
-
2 790
health
-
-
-
2 379
total
-
-
-
6 565
Employee
81 365
81 365
81 365
-
health
12 489
10 623
12 489
-
pensions
14 646
11 163
14 646
-
income

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

13 318
13 318
13 318
-
total
40 453
35 104
40 453
-
Employer
81 365
81 365
81 365
-
pensions
5 663
5 663
5 663
-
unemployment
2 929
2 929
2 929
-
health
5 656
5 656
5 656
-
total
14 248
14 248
14 248
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
54 701
49 352
54 701
6 565
After tax
-39 201
-33 852
-39 201
8 935
Living cost
39 914
39 914
39 914
39 914
Free-cash
-79 115
-73 766
-79 115
-30 979

Estimated living cost  is ₽39914 per week

₽28286
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3598
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽635
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7395
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽59382
-₽31526
-₽31712
-₽32262
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
1 801
unemployment
-
-
-
16
pensions
-
-
-
1 675
municipal
-
-
-
3 283
accident
-
-
-
31
national
-
-
-
-
health
-
-
-
967
total
-
-
-
7 773
Employee
56 980
-
11 794
-
national
-
-
-
-
municipal
16 991
-
3 517
-
total
16 991
-
3 517
-
Employer
56 980
-
11 794
-
other
6 621
-
1 371
-
accident
114
-
24
-
pensions
6 159
-
1 275
-
unemployment
1 504
-
311
-
health
3 504
-
725
-
total
17 902
-
3 706
-
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
34 893
7 037
7 223
7 773
After tax
-19 393
8 463
8 277
7 727
Living cost
39 989
39 989
39 989
39 989
Free-cash
-59 382
-31 526
-31 712
-32 262

Estimated living cost  is ₽39989 per week

₽26503
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8955
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽32818
-₽29441
-₽28439
-₽28439
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
-
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.

-
-
-
6 509
surtax

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

-
-
-
-
total
-
-
-
6 509
Employee

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

48 319
-
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.

228
-
-
-
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.

6 509
-
6 509
-
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.

4 151
-
-
-
total
10 888
-
6 509
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
15 500
-
-
trade
-
2 549
-
-
income
-
2 325
-
-
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
-
-
total
-
5 168
-
-
Dividends
-
10 331
-
-
withholding
-
2 220
-
-
surtax

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

-
123
-
-
total
-
2 343
-
-
Income
15 500
15 500
15 500
15 500
Total tax
10 888
7 511
6 509
6 509
After tax
4 612
7 989
8 991
8 991
Living cost
37 430
37 430
37 430
37 430
Free-cash
-32 818
-29 441
-28 439
-28 439

Estimated living cost  is ₽37430 per week

₽25033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3947
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31741
-₽36950
-₽28618
-₽21978
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 221
social contributions
-
-
-
5 650
income
-
-
-
-
health
-
-
-
924
total
-
-
-
6 574
Employee
73 266
73 266
73 266
-
health
729
1 246
419
-
social contributions
3 560
6 081
2 050
-
income
7 694
6 782
8 238
-
total
11 983
14 109
10 707
-
Employer
73 266
73 266
73 266
-
social contributions
3 560
6 081
2 050
-
health
794
1 356
457
-
total
4 354
7 437
2 507
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
16 337
21 546
13 214
6 574
After tax
-837
-6 046
2 286
8 926
Living cost
30 904
30 904
30 904
30 904
Free-cash
-31 741
-36 950
-28 618
-21 978

Estimated living cost  is ₽30904 per week

₽21126
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2414
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15074
-₽8690
-₽8739
-₽6986
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
232
income
-
-
-
1 895
pensions
-
-
-
1 550
health
-
-
-
1 085
total
-
-
-
4 762
Employee

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

The minimum wage is 138,000 HUF per month.

25 584
10 182
12 971
-
unemployment
384
153
195
-
health
1 791
713
908
-
pensions
2 558
1 018
1 297
-
income
3 128
1 245
1 586
-
total
7 861
3 129
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.

25 584
10 182
12 971
-
pensions
4 989
1 986
2 529
-
total
4 989
1 986
2 529
-
Corporate
-
3 332
-
-
income
-
300
-
-
total
-
300
-
-
Dividends
-
3 032
-
-
withholding
-
576
-
-
social contributions
-
475
-
-
total
-
1 051
-
-
Income
15 500
15 500
15 500
15 500
Total tax
12 850
6 466
6 515
4 762
After tax
2 650
9 034
8 985
10 738
Living cost
17 724
17 724
17 724
17 724
Free-cash
-15 074
-8 690
-8 739
-6 986

Estimated living cost  is ₽17724 per week

₽12095
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1450
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽354
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3825
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20666
-₽10613
-₽11908
-₽12629
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
pensions
-
-
-
3 101
health
-
-
-
2 014
total
-
-
-
5 115
Employee
27 030
-
11 585
-
unemployment
432
-
186
-
pensions
541
-
231
-
income
3 043
-
63
-
total
4 016
-
480
-
Employer
27 030
-
11 585
-
pensions
5 406
-
2 316
-
unemployment
217
-
92
-
health
3 513
-
1 506
-
total
9 136
-
3 914
-
Corporate
-
15 500
-
-
income
-
3 099
-
-
total
-
3 099
-
-
Dividends
-
12 401
-
-
total
-
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
13 152
3 099
4 394
5 115
After tax
2 348
12 401
11 106
10 385
Living cost
23 014
23 014
23 014
23 014
Free-cash
-20 666
-10 613
-11 908
-12 629

Estimated living cost  is ₽23014 per week

₽15785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1371
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5395
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽25111
-₽20190
-₽13259
-₽14281
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
361
income
-
-
-
1 546
pensions
-
-
-
4 056
accident
-
-
-
246
health
-
-
-
2 126
total
-
-
-
8 335
Employee
33 735
-
12 876
-
health
3 863
-
1 474
-
pensions
3 799
-
1 450
-
income
4 628
-
1 766
-
total
12 290
-
4 690
-
Employer
33 735
-
12 876
-
accident
563
-
215
-
pensions
5 486
-
2 093
-
unemployment
826
-
315
-
total
6 875
-
2 623
-
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
-
294
-
-
total
-
294
-
-
Income
15 500
15 500
15 500
15 500
Total tax
19 165
14 244
7 313
8 335
After tax
-3 665
1 256
8 187
7 165
Living cost
21 446
21 446
21 446
21 446
Free-cash
-25 111
-20 190
-13 259
-14 281

Estimated living cost  is ₽21446 per week

₽15718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1188
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.
₽4092
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5410
₽6881
₽4556
₽7501
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 805
-
15 500
-
income
1 961
-
3 100
-
total
1 961
-
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%.

5 695
15 500
-
-
total
-
-
-
-
Dividends
5 695
15 500
-
-
withholding
285
775
-
-
total
285
775
-
-
Income
15 500
15 500
15 500
15 500
Total tax
2 246
775
3 100
155
After tax
13 254
14 725
12 400
15 345
Living cost
7 844
7 844
7 844
7 844
Free-cash
5 410
6 881
4 556
7 501

Estimated living cost  is ₽7844 per week

₽4861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽652
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽216
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27814
-₽14000
-₽16302
-₽16994
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
736
income
-
-
-
1 969
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.

-
-
-
3 719
health
-
-
-
682
total
-
-
-
7 106
Employee
34 595
-
12 381
-
unemployment
345
-
123
-
health
485
-
174
-
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.

2 421
-
866
-
income
5 956
-
2 132
-
total
9 207
-
3 295
-
Employer
34 595
-
12 381
-
other
1 730
-
618
-
accident
277
-
99
-
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.

5 882
-
2 105
-
unemployment
345
-
123
-
health
485
-
174
-
total
8 719
-
3 119
-
Corporate
-
15 500
-
-
income
-
3 255
-
-
total
-
3 255
-
-
Dividends
-
12 245
-
-
withholding
-
857
-
-
total
-
857
-
-
Income
15 500
15 500
15 500
15 500
Total tax
17 926
4 112
6 414
7 106
After tax
-2 426
11 388
9 086
8 394
Living cost
25 388
25 388
25 388
25 388
Free-cash
-27 814
-14 000
-16 302
-16 994

Estimated living cost  is ₽25388 per week

₽17938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽86274
-₽51650
-₽51309
-₽51107
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 037
pensions
-
-
-
308
total
-
-
-
3 345
Employee
89 506
-
14 940
-
health
1 475
-
-
-
pensions
8 635
-
-
-
income
16 134
-
2 987
-
total
26 244
-
2 987
-
Employer
89 506
-
14 940
-
pensions
10 568
-
277
-
health
1 700
-
283
-
total
12 268
-
560
-
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.

-
2 946
-
-
total
-
2 946
-
-
Dividends
-
12 554
-
-
withholding
-
942
-
-
total
-
942
-
-
Income
15 500
15 500
15 500
15 500
Total tax
38 512
3 888
3 547
3 345
After tax
-23 012
11 612
11 953
12 155
Living cost
63 262
63 262
63 262
63 262
Free-cash
-86 274
-51 650
-51 309
-51 107

Estimated living cost  is ₽63262 per week

₽47403
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7433
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7912
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for London model

Close
Varna , Bulgaria
-₽4380
₽701
-₽2764
-₽3514
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
2 325
pensions

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

-
-
-
2 294
health
-
-
-
1 782
total
-
-
-
6 463
Employee
16 619
-
12 958
-
accident

We are using the highest rate at 1.1%.

183
-
142
-
health
764
-
595
-
pensions

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

1 459
-
1 138
-
income
1 662
-
1 296
-
total
4 068
-
3 171
-
Employer
16 619
-
12 958
-
accident

We are using the highest rate at 1.1%.

183
-
142
-
pensions

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

1 832
-
1 428
-
unemployment
99
-
78
-
health
1 147
-
894
-
total
3 261
-
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
7 329
2 248
5 713
6 463
After tax
8 171
13 252
9 787
9 037
Living cost
12 551
12 551
12 551
12 551
Free-cash
-4 380
701
-2 764
-3 514

Estimated living cost  is ₽12551 per week

₽7327
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽896
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽333
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽88302
-₽86686
-₽92035
-₽43899
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 396
pensions
-
-
-
2 790
health
-
-
-
2 379
total
-
-
-
6 565
Employee
88 337
81 365
81 365
-
health
11 020
10 623
12 489
-
pensions
11 163
11 163
14 646
-
income

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

13 318
13 318
13 318
-
total
35 501
35 104
40 453
-
Employer
88 337
81 365
81 365
-
pensions
6 148
5 663
5 663
-
unemployment
3 180
2 929
2 929
-
health
6 139
5 656
5 656
-
total
15 467
14 248
14 248
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
50 968
49 352
54 701
6 565
After tax
-35 468
-33 852
-39 201
8 935
Living cost
52 834
52 834
52 834
52 834
Free-cash
-88 302
-86 686
-92 035
-43 899

Estimated living cost  is ₽52834 per week

₽38974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽606
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8536
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31221
-₽13037
-₽15844
-₽16159
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
4 526
income
-
-
-
1 332
health
-
-
-
2 092
solidarity contribution
-
-
-
-
total
-
-
-
7 950
Employee
34 866
-
11 567
-
solidarity contribution
-
-
-
-
health
4 707
-
1 562
-
social contributions
2 266
-
752
-
income
4 184
-
1 388
-
total
11 157
-
3 702
-
Employer
34 866
-
11 567
-
social contributions
8 717
-
2 892
-
health
3 138
-
1 041
-
total
11 855
-
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
23 012
4 828
7 635
7 950
After tax
-7 512
10 672
7 865
7 550
Living cost
23 709
23 709
23 709
23 709
Free-cash
-31 221
-13 037
-15 844
-16 159

Estimated living cost  is ₽23709 per week

₽16469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1687
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5088
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽69179
-₽31934
-₽35843
-₽34119
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
99
social contributions
-
-
-
7 384
municipal
-
-
-
65
national
-
-
-
1 866
total
-
-
-
9 414
Employee
84 679
-
15 500
-
national
14 673
-
1 338
-
regional
799
-
72
-
municipal
448
-
47
-
social contributions
28 554
-
9 681
-
total
44 474
-
11 138
-
Employer
84 679
-
15 500
-
total
-
-
-
-
Corporate
-
15 500
-
-
nationa
-
3 719
-
-
municipal
-
604
-
-
total
-
4 323
-
-
Dividends
-
11 177
-
-
withholding
-
2 906
-
-
total
-
2 906
-
-
Income
15 500
15 500
15 500
15 500
Total tax
44 474
7 229
11 138
9 414
After tax
-28 974
8 271
4 362
6 086
Living cost
40 205
40 205
40 205
40 205
Free-cash
-69 179
-31 934
-35 843
-34 119

Estimated living cost  is ₽40205 per week

₽28026
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8925
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22641
-₽11276
-₽12434
-₽12159
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
-
unemployment
-
-
-
217
income
-
-
-
2 217
pensions
-
-
-
3 099
health
-
-
-
1 101
surtax
-
-
-
-
total
-
-
-
6 634
Employee
31 509
-
12 802
-
surtax
103
-
-
-
unemployment
2 193
-
891
-
other
-
-
-
-
health
805
-
325
-
pensions
2 101
-
853
-
income
5 282
-
2 146
-
total
10 484
-
4 215
-
Employer
31 509
-
12 802
-
other
-
-
-
-
pensions
4 200
-
1 707
-
unemployment
998
-
405
-
health
1 434
-
582
-
total
6 632
-
2 694
-
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
17 116
5 751
6 909
6 634
After tax
-1 616
9 749
8 591
8 866
Living cost
21 025
21 025
21 025
21 025
Free-cash
-22 641
-11 276
-12 434
-12 159

Estimated living cost  is ₽21025 per week

₽12856
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5744
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽52117
-₽31607
-₽31266
-₽31064
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 037
pensions
-
-
-
308
total
-
-
-
3 345
Employee
59 984
-
14 940
-
health
871
-
-
-
pensions
5 091
-
-
-
income
10 803
-
2 987
-
total
16 765
-
2 987
-
Employer
59 984
-
14 940
-
pensions
6 493
-
277
-
health
1 140
-
283
-
total
7 633
-
560
-
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.

-
2 946
-
-
total
-
2 946
-
-
Dividends
-
12 554
-
-
withholding
-
942
-
-
total
-
942
-
-
Income
15 500
15 500
15 500
15 500
Total tax
24 398
3 888
3 547
3 345
After tax
-8 898
11 612
11 953
12 155
Living cost
43 219
43 219
43 219
43 219
Free-cash
-52 117
-31 607
-31 266
-31 064

Estimated living cost  is ₽43219 per week

₽32379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽81380
-₽68499
-₽65125
-₽62241
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
311
city
-
-
-
161
regional
-
-
-
10
pensions
-
-
-
1 427
national
-
-
-
-
health
-
-
-
247
total
-
-
-
2 156
Employee
88 454
-
12 772
-
national
419
-
-
-
unemployment
-
-
-
-
city
949
-
122
-
regional
2 896
-
-
-
health
200
-
29
-
pensions
7 431
-
2 302
-
total
11 895
-
2 453
-
Employer
88 454
-
12 772
-
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.

1 769
-
256
-
pensions
7 431
-
2 302
-
unemployment
-
-
-
-
health
200
-
29
-
total
9 400
-
2 587
-
Corporate
-
15 500
-
-
regional
-
3 279
-
-
national
-
1 318
-
-
total
-
4 597
-
-
Dividends
-
10 903
-
-
withholding
-
3 817
-
-
total
-
3 817
-
-
Income
15 500
15 500
15 500
15 500
Total tax
21 295
8 414
5 040
2 156
After tax
-5 795
7 086
10 460
13 344
Living cost
75 585
75 585
75 585
75 585
Free-cash
-81 380
-68 499
-65 125
-62 241

Estimated living cost  is ₽75585 per week

₽49152
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽928
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18722
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽41761
-₽35739
-₽34657
-₽34657
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
-
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.

-
-
-
6 509
surtax

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

-
-
-
-
total
-
-
-
6 509
Employee

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

57 262
-
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.

371
-
-
-
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.

6 509
-
6 509
-
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.

6 733
-
-
-
total
13 613
-
6 509
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
15 500
-
-
trade
-
2 658
-
-
income
-
2 325
-
-
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
-
-
total
-
5 277
-
-
Dividends
-
10 222
-
-
withholding
-
2 193
-
-
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
-
-
total
-
2 314
-
-
Income
15 500
15 500
15 500
15 500
Total tax
13 613
7 591
6 509
6 509
After tax
1 887
7 909
8 991
8 991
Living cost
43 648
43 648
43 648
43 648
Free-cash
-41 761
-35 739
-34 657
-34 657

Estimated living cost  is ₽43648 per week

₽31879
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3491
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.
₽7712
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽38015
-₽24786
-₽22459
-₽23807
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
481
social contributions
-
-
-
441
income
-
-
-
-
pensions
-
-
-
5 533
health
-
-
-
253
surtax
-
-
-
-
total
-
-
-
6 708
Employee
40 778
-
11 811
-
surtax
-
-
-
-
pensions
4 611
-
1 336
-
social contributions
1 163
-
336
-
income
2 407
-
-
-
total
8 181
-
1 672
-
Employer
40 778
-
11 811
-
other
1 407
-
407
-
pensions
6 699
-
1 940
-
unemployment
1 651
-
479
-
social contributions
123
-
36
-
health
2 855
-
826
-
total
12 735
-
3 688
-
Corporate
-
15 500
-
-
income
-
4 339
-
-
surtax
-
-
-
-
total
-
4 339
-
-
Dividends
-
11 161
-
-
withholding
-
1 428
-
-
social contributions
-
1 920
-
-
surtax
-
-
-
-
total
-
3 348
-
-
Income
15 500
15 500
15 500
15 500
Total tax
20 916
7 687
5 360
6 708
After tax
-5 416
7 813
10 140
8 792
Living cost
32 599
32 599
32 599
32 599
Free-cash
-38 015
-24 786
-22 459
-23 807

Estimated living cost  is ₽32599 per week

₽20555
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2651
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8840
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽32269
-₽21556
-₽19229
-₽20577
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
481
social contributions
-
-
-
441
income
-
-
-
-
pensions
-
-
-
5 533
health
-
-
-
253
surtax
-
-
-
-
total
-
-
-
6 708
Employee
36 401
-
11 811
-
surtax
-
-
-
-
pensions
4 117
-
1 336
-
social contributions
1 038
-
336
-
income
1 877
-
-
-
total
7 032
-
1 672
-
Employer
36 401
-
11 811
-
other
1 257
-
407
-
pensions
5 981
-
1 940
-
unemployment
1 474
-
479
-
social contributions
108
-
36
-
health
2 548
-
826
-
total
11 368
-
3 688
-
Corporate
-
15 500
-
-
income
-
4 339
-
-
surtax
-
-
-
-
total
-
4 339
-
-
Dividends
-
11 161
-
-
withholding
-
1 428
-
-
social contributions
-
1 920
-
-
surtax
-
-
-
-
total
-
3 348
-
-
Income
15 500
15 500
15 500
15 500
Total tax
18 400
7 687
5 360
6 708
After tax
-2 900
7 813
10 140
8 792
Living cost
29 369
29 369
29 369
29 369
Free-cash
-32 269
-21 556
-19 229
-20 577

Estimated living cost  is ₽29369 per week

₽17032
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2983
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.
₽8797
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19309
-₽10749
-₽11246
-₽10249
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
2 139
income
-
-
-
2 325
health
-
-
-
1 081
total
-
-
-
5 545
Employee
32 306
-
15 500
-
health
2 255
-
1 081
-
social contributions
4 459
-
2 139
-
income
5 388
-
3 322
-
total
12 102
-
6 542
-
Employer
32 306
-
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
-
-
health
841
1 027
-
-
withholding
-
2 210
-
-
social contributions
1 662
2 032
-
-
total
2 503
5 269
-
-
Income
15 500
15 500
15 500
15 500
Total tax
14 605
6 045
6 542
5 545
After tax
895
9 455
8 958
9 955
Living cost
20 204
20 204
20 204
20 204
Free-cash
-19 309
-10 749
-11 246
-10 249

Estimated living cost  is ₽20204 per week

₽13521
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1246
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽46910
-₽39771
-₽31204
-₽28220
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
61
unemployment
-
-
-
5 844
income
-
-
-
-
pensions
-
-
-
2 868
health
-
-
-
1 186
surtax
-
-
-
188
total
-
-
-
10 147
Employee
47 617
37 971
37 971
-
unemployment
1 428
1 139
309
-
other
476
380
103
-
health
1 842
1 470
400
-
pensions
4 877
3 887
1 058
-
income
5 421
2 801
4 408
-
total
14 044
9 677
6 278
-
Employer
47 617
37 971
37 971
-
payroll
1 428
1 139
1 139
-
other
2 262
1 803
1 569
-
accident
618
494
134
-
pensions
5 976
4 766
1 295
-
unemployment
1 428
1 139
309
-
chamber of commerce
190
152
152
-
surtax
188
188
188
-
health
1 799
1 436
391
-
total
13 889
11 117
5 177
-
Corporate
3 616
3 616
6 707
-
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.

904
904
1 676
-
total
904
904
1 676
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
28 837
21 698
13 131
10 147
After tax
-13 337
-6 198
2 369
5 353
Living cost
33 573
33 573
33 573
33 573
Free-cash
-46 910
-39 771
-31 204
-28 220

Estimated living cost  is ₽33573 per week

₽22392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2864
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽72493
-₽25754
-₽27535
-₽27512
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
5 023
national
-
-
-
2 620
communal

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

-
-
-
629
total
-
-
-
8 272
Employee

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

68 154
-
12 005
-
national
20 953
-
2 609
-
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.

593
-
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.

3 202
-
564
-
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.

5 112
-
900
-
communal

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

3 555
-
626
-
total
33 415
-
4 804
-
Employer

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

68 154
-
12 005
-
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.

886
-
155
-
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.

6 039
-
1 063
-
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.

994
-
175
-
surtax
7 728
-
1 360
-
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.

4 191
-
738
-
total
19 838
-
3 491
-
Corporate
-
15 500
-
-
income
-
3 099
-
-
surtax
-
61
-
-
total
-
3 160
-
-
Dividends
-
12 339
-
-
withholding

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

-
3 354
-
-
total
-
3 354
-
-
Income
15 500
15 500
15 500
15 500
Total tax
53 253
6 514
8 295
8 272
After tax
-37 753
8 986
7 205
7 228
Living cost
34 740
34 740
34 740
34 740
Free-cash
-72 493
-25 754
-27 535
-27 512

Estimated living cost  is ₽34740 per week

₽22377
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3038
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8782
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
-₽47046
-₽23784
-₽31708
-₽26833
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
20
unemployment
-
-
-
143
income
-
-
-
1 777
pensions
-
-
-
5 799
accident
-
-
-
184
total
-
-
-
7 923
Employee
47 428
-
5 356
-
unemployment
736
-
494
-
other
47
-
33
-
pensions
2 229
-
1 495
-
income
10 007
-
633
-
total
13 019
-
2 655
-
Employer
47 428
-
5 356
-
other
378
-
255
-
accident
938
-
629
-
pensions
11 192
-
7 509
-
unemployment
2 609
-
1 750
-
total
15 117
-
10 143
-
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
-
2 549
-
-
total
-
2 549
-
-
Income
15 500
15 500
15 500
15 500
Total tax
28 136
4 874
12 798
7 923
After tax
-12 636
10 626
2 702
7 577
Living cost
34 410
34 410
34 410
34 410
Free-cash
-47 046
-23 784
-31 708
-26 833

Estimated living cost  is ₽34410 per week

₽25339
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2441
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6133
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽65275
-₽41174
-₽47654
-₽47652
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
pensions
-
-
-
7 254
accident
-
-
-
409
communal
-
-
-
-
health
-
-
-
3 399
surtax
-
-
-
311
total
-
-
-
11 373
Employee
72 155
-
10 081
-
surtax
4 423
-
311
-
health
3 211
-
2 018
-
pensions
5 772
-
3 627
-
income
6 969
-
-
-
total
20 375
-
5 956
-
Employer
72 155
-
10 081
-
accident
649
-
409
-
pensions
5 772
-
3 627
-
health
2 200
-
1 383
-
total
8 621
-
5 419
-
Corporate
-
15 500
-
-
income
-
2 325
-
-
communal
-
-
-
-
surtax
-
163
-
-
total
-
2 488
-
-
Dividends
-
13 012
-
-
withholding
-
1 951
-
-
income
-
456
-
-
total
-
2 407
-
-
Income
15 500
15 500
15 500
15 500
Total tax
28 996
4 895
11 375
11 373
After tax
-13 496
10 605
4 125
4 127
Living cost
51 779
51 779
51 779
51 779
Free-cash
-65 275
-41 174
-47 654
-47 652

Estimated living cost  is ₽51779 per week

₽38842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3137
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9250
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23342
-₽11652
-₽12810
-₽12535
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
-
unemployment
-
-
-
217
income
-
-
-
2 217
pensions
-
-
-
3 099
health
-
-
-
1 101
surtax
-
-
-
-
total
-
-
-
6 634
Employee
32 087
-
12 802
-
surtax
114
-
-
-
unemployment
2 233
-
891
-
other
-
-
-
-
health
819
-
325
-
pensions
2 141
-
853
-
income
5 379
-
2 146
-
total
10 686
-
4 215
-
Employer
32 087
-
12 802
-
other
-
-
-
-
pensions
4 278
-
1 707
-
unemployment
1 018
-
405
-
health
1 459
-
582
-
total
6 755
-
2 694
-
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
17 441
5 751
6 909
6 634
After tax
-1 941
9 749
8 591
8 866
Living cost
21 401
21 401
21 401
21 401
Free-cash
-23 342
-11 652
-12 810
-12 535

Estimated living cost  is ₽21401 per week

₽12921
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6124
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽37353
-₽17517
-₽21350
-₽19646
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
165
social contributions
-
-
-
7 384
municipal
-
-
-
65
national
-
-
-
1 866
total
-
-
-
9 480
Employee
52 853
-
15 500
-
national
8 373
-
1 338
-
regional
711
-
118
-
municipal
280
-
47
-
social contributions
17 823
-
9 681
-
total
27 187
-
11 184
-
Employer
52 853
-
15 500
-
total
-
-
-
-
Corporate
-
15 500
-
-
nationa
-
3 719
-
-
municipal
-
770
-
-
total
-
4 489
-
-
Dividends
-
11 010
-
-
withholding
-
2 862
-
-
total
-
2 862
-
-
Income
15 500
15 500
15 500
15 500
Total tax
27 187
7 351
11 184
9 480
After tax
-11 687
8 149
4 316
6 020
Living cost
25 666
25 666
25 666
25 666
Free-cash
-37 353
-17 517
-21 350
-19 646

Estimated living cost  is ₽25666 per week

₽15962
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6665
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
-₽42073
-₽18544
-₽21351
-₽21666
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
4 526
income
-
-
-
1 332
health
-
-
-
2 092
solidarity contribution
-
-
-
-
total
-
-
-
7 950
Employee
42 964
-
11 567
-
solidarity contribution
-
-
-
-
health
5 800
-
1 562
-
social contributions
2 793
-
752
-
income
5 156
-
1 388
-
total
13 749
-
3 702
-
Employer
42 964
-
11 567
-
social contributions
10 741
-
2 892
-
health
3 867
-
1 041
-
total
14 608
-
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
28 357
4 828
7 635
7 950
After tax
-12 857
10 672
7 865
7 550
Living cost
29 216
29 216
29 216
29 216
Free-cash
-42 073
-18 544
-21 351
-21 666

Estimated living cost  is ₽29216 per week

₽21727
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1618
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽39038
-₽36408
-₽27932
-₽24857
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
61
unemployment
-
-
-
5 844
income
-
-
-
-
pensions
-
-
-
2 868
health
-
-
-
1 186
surtax
-
-
-
-
total
-
-
-
9 959
Employee
41 650
37 971
37 971
-
unemployment
1 249
1 139
315
-
other
416
380
105
-
health
1 611
1 470
405
-
pensions
4 265
3 887
1 072
-
income
3 710
2 801
4 399
-
total
11 251
9 677
6 296
-
Employer
41 650
37 971
37 971
-
payroll
1 249
1 139
1 139
-
other
1 978
1 803
1 569
-
accident
541
494
136
-
pensions
5 227
4 766
1 315
-
unemployment
1 249
1 139
315
-
chamber of commerce
166
152
152
-
surtax
-
-
-
-
health
1 575
1 436
396
-
total
11 985
10 929
5 022
-
Corporate
3 616
3 616
6 863
-
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.

904
904
1 716
-
total
904
904
1 716
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
24 140
21 510
13 034
9 959
After tax
-8 640
-6 010
2 466
5 541
Living cost
30 398
30 398
30 398
30 398
Free-cash
-39 038
-36 408
-27 932
-24 857

Estimated living cost  is ₽30398 per week

₽18235
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3105
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8516
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽209
₽2501
₽176
₽3121
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 280
-
15 500
-
income
3 056
-
3 100
-
total
3 056
-
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%.

220
15 500
-
-
total
-
-
-
-
Dividends
220
15 500
-
-
withholding
11
775
-
-
total
11
775
-
-
Income
15 500
15 500
15 500
15 500
Total tax
3 067
775
3 100
155
After tax
12 433
14 725
12 400
15 345
Living cost
12 224
12 224
12 224
12 224
Free-cash
209
2 501
176
3 121

Estimated living cost  is ₽12224 per week

₽8272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽513
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽33193
-₽14885
-₽16778
-₽16217
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24
income
-
-
-
1 779
pensions
-
-
-
2 832
health
-
-
-
1 526
total
-
-
-
6 161
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.

42 133
-
13 412
-
unemployment
60
-
18
-
health
2 721
-
866
-
pensions
6 531
-
2 079
-
income
7 266
-
1 673
-
total
16 578
-
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.

42 133
-
13 412
-
pensions
3 728
-
1 186
-
unemployment
25
-
7
-
health
2 806
-
893
-
total
6 559
-
2 086
-
Corporate
-
15 500
-
-
income
-
2 945
-
-
total
-
2 945
-
-
Dividends
-
12 555
-
-
withholding
-
1 884
-
-
total
-
1 884
-
-
Income
15 500
15 500
15 500
15 500
Total tax
23 137
4 829
6 722
6 161
After tax
-7 637
10 671
8 778
9 339
Living cost
25 556
25 556
25 556
25 556
Free-cash
-33 193
-14 885
-16 778
-16 217

Estimated living cost  is ₽25556 per week

₽17539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1638
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5885
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽126318
-₽31610
-₽38710
-₽30328
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
1 767
income
-
-
-
3 021
total
-
-
-
4 788
Employee
58 846
-
3 675
-
social contributions
4 825
-
688
-
income
12 980
-
657
-
total
17 805
-
1 345
-
Employer
58 846
-
3 675
-
social contributions
82 973
-
11 825
-
total
82 973
-
11 825
-
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
100 778
6 070
13 170
4 788
After tax
-85 278
9 430
2 330
10 712
Living cost
41 040
41 040
41 040
41 040
Free-cash
-126 318
-31 610
-38 710
-30 328

Estimated living cost  is ₽41040 per week

₽26629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3860
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽38729
-₽21069
-₽20354
-₽20676
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
5 386
income
-
-
-
904
surtax
-
-
-
-
total
-
-
-
6 290
Employee
43 821
-
12 526
-
surtax
-
-
-
-
social contributions
4 820
-
1 378
-
income
9 115
-
1 616
-
total
13 935
-
2 994
-
Employer
43 821
-
12 526
-
social contributions
10 408
-
2 974
-
total
10 408
-
2 974
-
Corporate
-
15 500
-
-
income
-
3 255
-
-
surtax
-
-
-
-
total
-
3 255
-
-
Dividends
-
12 245
-
-
withholding
-
3 428
-
-
total
-
3 428
-
-
Income
15 500
15 500
15 500
15 500
Total tax
24 343
6 683
5 968
6 290
After tax
-8 843
8 817
9 532
9 210
Living cost
29 886
29 886
29 886
29 886
Free-cash
-38 729
-21 069
-20 354
-20 676

Estimated living cost  is ₽29886 per week

₽22361
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1763
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5263
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽62813
-₽38206
-₽35879
-₽37227
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
481
social contributions
-
-
-
441
income
-
-
-
-
pensions
-
-
-
5 533
health
-
-
-
253
surtax
-
-
-
-
total
-
-
-
6 708
Employee
59 676
-
11 811
-
surtax
-
-
-
-
pensions
6 750
-
1 336
-
social contributions
1 700
-
336
-
income
5 207
-
-
-
total
13 657
-
1 672
-
Employer
59 676
-
11 811
-
other
2 059
-
407
-
pensions
9 805
-
1 940
-
unemployment
2 417
-
479
-
social contributions
179
-
36
-
health
4 177
-
826
-
total
18 637
-
3 688
-
Corporate
-
15 500
-
-
income
-
4 339
-
-
surtax
-
-
-
-
total
-
4 339
-
-
Dividends
-
11 161
-
-
withholding
-
1 428
-
-
social contributions
-
1 920
-
-
surtax
-
-
-
-
total
-
3 348
-
-
Income
15 500
15 500
15 500
15 500
Total tax
32 294
7 687
5 360
6 708
After tax
-16 794
7 813
10 140
8 792
Living cost
46 019
46 019
46 019
46 019
Free-cash
-62 813
-38 206
-35 879
-37 227

Estimated living cost  is ₽46019 per week

₽31145
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽631
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10478
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19880
-₽14691
-₽16095
-₽16551
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 410
total
-
-
-
3 410
Employee
30 632
-
13 419
-
social contributions
1 991
-
873
-
income
-
-
-
-
total
1 991
-
873
-
Employer
30 632
-
13 419
-
social contributions
4 748
-
2 081
-
total
4 748
-
2 081
-
Corporate
-
15 500
-
-
income
-
1 550
-
-
total
-
1 550
-
-
Dividends
-
13 950
-
-
total
-
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
6 739
1 550
2 954
3 410
After tax
8 761
13 950
12 546
12 090
Living cost
28 641
28 641
28 641
28 641
Free-cash
-19 880
-14 691
-16 095
-16 551

Estimated living cost  is ₽28641 per week

₽18519
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.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7424
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽191785
-₽191785
-₽191785
-₽33239
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
825
municipal
-
-
-
491
labour market
-
-
-
1 174
national
-
-
-
430
total
-
-
-
2 920
Employee
193 389
193 389
193 389
-
national
23 626
23 626
23 626
-
municipal
41 181
41 181
41 181
-
labour market
15 449
15 449
15 449
-
pensions
275
275
275
-
total
80 531
80 531
80 531
-
Employer
193 389
193 389
193 389
-
municipal
41 247
41 247
41 247
-
pensions
550
550
550
-
national
23 667
23 667
23 667
-
labour market
15 471
15 471
15 471
-
total
80 935
80 935
80 935
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
161 466
161 466
161 466
2 920
After tax
-145 966
-145 966
-145 966
12 580
Living cost
45 819
45 819
45 819
45 819
Free-cash
-191 785
-191 785
-191 785
-33 239

Estimated living cost  is ₽45819 per week

₽31359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4053
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽705
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9702
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24511
-₽19873
-₽12942
-₽13964
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
361
income
-
-
-
1 546
pensions
-
-
-
4 056
accident
-
-
-
246
health
-
-
-
2 126
total
-
-
-
8 335
Employee
33 238
-
12 876
-
health
3 806
-
1 474
-
pensions
3 743
-
1 450
-
income
4 560
-
1 766
-
total
12 109
-
4 690
-
Employer
33 238
-
12 876
-
accident
555
-
215
-
pensions
5 404
-
2 093
-
unemployment
814
-
315
-
total
6 773
-
2 623
-
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
-
294
-
-
total
-
294
-
-
Income
15 500
15 500
15 500
15 500
Total tax
18 882
14 244
7 313
8 335
After tax
-3 382
1 256
8 187
7 165
Living cost
21 129
21 129
21 129
21 129
Free-cash
-24 511
-19 873
-12 942
-13 964

Estimated living cost  is ₽21129 per week

₽15380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1205
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽396
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽44087
-₽25854
-₽26771
-₽23871
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
2 790
national
-
-
-
-
health
-
-
-
-
total
-
-
-
2 790
Employee
50 129
-
13 039
-
national
828
-
-
-
unemployment
752
-
195
-
health
374
-
-
-
municipal
8 211
-
2 153
-
pensions
3 383
-
881
-
total
13 548
-
3 229
-
Employer
50 129
-
13 039
-
accident
51
-
13
-
pensions
8 697
-
2 262
-
unemployment
325
-
85
-
health
385
-
101
-
total
9 458
-
2 461
-
Corporate
-
15 500
-
-
income
-
3 099
-
-
total
-
3 099
-
-
Dividends

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

-
9 301
-
-
municipal
-
1 674
-
-
national
-
-
-
-
total
-
1 674
-
-
Income
15 500
15 500
15 500
15 500
Total tax
23 006
4 773
5 690
2 790
After tax
-7 506
10 727
9 810
12 710
Living cost
36 581
36 581
36 581
36 581
Free-cash
-44 087
-25 854
-26 771
-23 871

Estimated living cost  is ₽36581 per week

₽23894
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3519
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8587
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21262
-₽28106
-₽19774
-₽13134
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 221
social contributions
-
-
-
5 650
income
-
-
-
-
health
-
-
-
924
total
-
-
-
6 574
Employee
73 266
73 266
73 266
-
health
568
1 246
419
-
social contributions
2 770
6 081
2 050
-
income
7 977
6 782
8 238
-
total
11 315
14 109
10 707
-
Employer
73 266
73 266
73 266
-
social contributions
2 770
6 081
2 050
-
health
617
1 356
457
-
total
3 387
7 437
2 507
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
14 702
21 546
13 214
6 574
After tax
798
-6 046
2 286
8 926
Living cost
22 060
22 060
22 060
22 060
Free-cash
-21 262
-28 106
-19 774
-13 134

Estimated living cost  is ₽22060 per week

₽13221
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2164
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8620
-₽2293
-₽6203
-₽9701
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
537
pensions
-
-
-
6 061
health
-
-
-
3 448
total
-
-
-
10 073
Employee

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

21 870
-
13 790
-
unemployment
108
-
83
-
health
1 859
-
1 410
-
pensions
3 280
-
2 490
-
income
1 495
-
882
-
total
6 742
-
4 865
-
Employer

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

21 870
-
13 790
-
pensions
1 202
-
913
-
unemployment
108
-
83
-
health
940
-
714
-
total
2 250
-
1 710
-
Corporate
-
15 500
-
-
income
-
1 396
-
-
total
-
1 396
-
-
Dividends
-
14 104
-
-
withholding
-
1 269
-
-
total
-
1 269
-
-
Income
15 500
15 500
15 500
15 500
Total tax
8 992
2 665
6 575
10 073
After tax
6 508
12 835
8 925
5 427
Living cost
15 128
15 128
15 128
15 128
Free-cash
-8 620
-2 293
-6 203
-9 701

Estimated living cost  is ₽15128 per week

₽9652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1090
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3934
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
-₽30961
-₽15575
-₽23499
-₽18624
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
20
unemployment
-
-
-
143
income
-
-
-
1 777
pensions
-
-
-
5 799
accident
-
-
-
184
total
-
-
-
7 923
Employee
35 231
-
5 356
-
unemployment
546
-
494
-
other
34
-
33
-
pensions
1 656
-
1 495
-
income
6 792
-
633
-
total
9 028
-
2 655
-
Employer
35 231
-
5 356
-
other
282
-
255
-
accident
698
-
629
-
pensions
8 314
-
7 509
-
unemployment
1 938
-
1 750
-
total
11 232
-
10 143
-
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
-
2 549
-
-
total
-
2 549
-
-
Income
15 500
15 500
15 500
15 500
Total tax
20 260
4 874
12 798
7 923
After tax
-4 760
10 626
2 702
7 577
Living cost
26 201
26 201
26 201
26 201
Free-cash
-30 961
-15 575
-23 499
-18 624

Estimated living cost  is ₽26201 per week

₽17685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2519
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5538
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7574
₽7871
₽7089
₽7217
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 216
pensions
-
-
-
1 314
health
-
-
-
952
total
-
-
-
6 482
Employee
2 743
-
14 022
-
unemployment
27
-
66
-
health
137
-
328
-
pensions
247
-
591
-
income
531
-
4 147
-
total
942
-
5 132
-
Employer
2 743
-
14 022
-
pensions
302
-
723
-
unemployment
55
-
131
-
health
261
-
624
-
total
618
-
1 478
-
Corporate
12 140
15 500
-
-
income
2 671
3 410
-
-
total
2 671
3 410
-
-
Dividends
9 469
12 090
-
-
withholding
1 894
2 418
-
-
total
1 894
2 418
-
-
Income
15 500
15 500
15 500
15 500
Total tax
6 125
5 828
6 610
6 482
After tax
9 375
9 672
8 890
9 018
Living cost
1 801
1 801
1 801
1 801
Free-cash
7 574
7 871
7 089
7 217

Estimated living cost  is ₽1801 per week

₽1070
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽543
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13762
-₽5261
-₽7015
-₽7680
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
233
income
-
-
-
861
pensions
-
-
-
4 030
health
-
-
-
1 596
total
-
-
-
6 720
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.

24 820
-
13 147
-
unemployment
186
-
99
-
health
1 278
-
677
-
pensions
3 475
-
1 841
-
income
3 421
-
1 084
-
total
8 360
-
3 701
-
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.

24 820
-
13 147
-
pensions
2 978
-
1 578
-
unemployment
186
-
99
-
health
1 278
-
677
-
total
4 442
-
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
12 802
4 301
6 055
6 720
After tax
2 698
11 199
9 445
8 780
Living cost
16 460
16 460
16 460
16 460
Free-cash
-13 762
-5 261
-7 015
-7 680

Estimated living cost  is ₽16460 per week

₽11082
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3628
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30263
-₽16870
-₽16155
-₽16477
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
5 386
income
-
-
-
904
surtax
-
-
-
-
total
-
-
-
6 290
Employee
36 980
-
12 526
-
surtax
-
-
-
-
social contributions
4 068
-
1 378
-
income
7 226
-
1 616
-
total
11 294
-
2 994
-
Employer
36 980
-
12 526
-
social contributions
8 782
-
2 974
-
total
8 782
-
2 974
-
Corporate
-
15 500
-
-
income
-
3 255
-
-
surtax
-
-
-
-
total
-
3 255
-
-
Dividends
-
12 245
-
-
withholding
-
3 428
-
-
total
-
3 428
-
-
Income
15 500
15 500
15 500
15 500
Total tax
20 076
6 683
5 968
6 290
After tax
-4 576
8 817
9 532
9 210
Living cost
25 687
25 687
25 687
25 687
Free-cash
-30 263
-16 870
-16 155
-16 477

Estimated living cost  is ₽25687 per week

₽18193
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1785
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽45188
-₽22860
-₽30784
-₽25909
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
20
unemployment
-
-
-
143
income
-
-
-
1 777
pensions
-
-
-
5 799
accident
-
-
-
184
total
-
-
-
7 923
Employee
46 016
-
5 356
-
unemployment
712
-
494
-
other
45
-
33
-
pensions
2 163
-
1 495
-
income
9 611
-
633
-
total
12 531
-
2 655
-
Employer
46 016
-
5 356
-
other
369
-
255
-
accident
911
-
629
-
pensions
10 860
-
7 509
-
unemployment
2 531
-
1 750
-
total
14 671
-
10 143
-
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
-
2 549
-
-
total
-
2 549
-
-
Income
15 500
15 500
15 500
15 500
Total tax
27 202
4 874
12 798
7 923
After tax
-11 702
10 626
2 702
7 577
Living cost
33 486
33 486
33 486
33 486
Free-cash
-45 188
-22 860
-30 784
-25 909

Estimated living cost  is ₽33486 per week

₽24048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10584
-₽3215
-₽6680
-₽7430
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
2 325
pensions

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

-
-
-
2 294
health
-
-
-
1 782
total
-
-
-
6 463
Employee
21 804
-
12 958
-
accident

We are using the highest rate at 1.1%.

240
-
142
-
health
1 003
-
595
-
pensions

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

1 914
-
1 138
-
income
2 181
-
1 296
-
total
5 338
-
3 171
-
Employer
21 804
-
12 958
-
accident

We are using the highest rate at 1.1%.

240
-
142
-
pensions

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

2 403
-
1 428
-
unemployment
131
-
78
-
health
1 505
-
894
-
total
4 279
-
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
9 617
2 248
5 713
6 463
After tax
5 883
13 252
9 787
9 037
Living cost
16 467
16 467
16 467
16 467
Free-cash
-10 584
-3 215
-6 680
-7 430

Estimated living cost  is ₽16467 per week

₽10891
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4241
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31907
-₽28559
-₽27794
-₽27794
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
-
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.

-
-
-
6 509
surtax

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

-
-
-
-
total
-
-
-
6 509
Employee

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

47 408
-
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.

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.

6 509
-
6 509
-
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.

3 898
-
-
-
total
10 622
-
6 509
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
15 500
-
-
trade
-
2 224
-
-
income
-
2 325
-
-
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
-
-
total
-
4 845
-
-
Dividends
-
10 654
-
-
withholding
-
2 302
-
-
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.

-
127
-
-
total
-
2 429
-
-
Income
15 500
15 500
15 500
15 500
Total tax
10 622
7 274
6 509
6 509
After tax
4 878
8 226
8 991
8 991
Living cost
36 785
36 785
36 785
36 785
Free-cash
-31 907
-28 559
-27 794
-27 794

Estimated living cost  is ₽36785 per week

₽25375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3958
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6918
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽59032
-₽43426
-₽39151
-₽39151
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
259
income
-
-
-
116
total
-
-
-
375
Employee
74 530
-
15 500
-
social contributions
6 192
-
259
-
income
14 064
-
116
-
total
20 256
-
375
-
Employer
74 530
-
15 500
-
total
-
-
-
-
Corporate
-
15 500
-
-
income
-
1 938
-
-
total
-
1 938
-
-
Dividends
-
13 562
-
-
withholding
-
2 712
-
-
total
-
2 712
-
-
Income
15 500
15 500
15 500
15 500
Total tax
20 256
4 650
375
375
After tax
-4 756
10 850
15 125
15 125
Living cost
54 276
54 276
54 276
54 276
Free-cash
-59 032
-43 426
-39 151
-39 151

Estimated living cost  is ₽54276 per week

₽41292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4423
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8043
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽35432
-₽27355
-₽22399
-₽52033
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
5 824
income
-
-
-
27 122
total
-
-
-
32 946
Employee
43 709
-
13 844
-
social contributions
4 379
-
1 656
-
income
4 743
-
-
-
total
9 122
-
1 656
-
Employer
43 709
-
13 844
-
social contributions
4 379
-
1 656
-
total
4 379
-
1 656
-
Corporate
-
15 500
-
-
income
-
5 424
-
-
total
-
5 424
-
-
Dividends
-
10 076
-
-
social contributions
2 844
2 844
-
-
total
2 844
2 844
-
-
Income
15 500
15 500
15 500
15 500
Total tax
16 345
8 268
3 312
32 946
After tax
-845
7 232
12 188
-17 446
Living cost
34 587
34 587
34 587
34 587
Free-cash
-35 432
-27 355
-22 399
-52 033

Estimated living cost  is ₽34587 per week

₽22782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8547
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽38518
-₽23523
-₽23182
-₽22980
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 037
pensions
-
-
-
308
total
-
-
-
3 345
Employee
48 228
-
14 940
-
health
629
-
-
-
pensions
3 681
-
-
-
income
8 783
-
2 987
-
total
13 093
-
2 987
-
Employer
48 228
-
14 940
-
pensions
4 873
-
277
-
health
917
-
283
-
total
5 790
-
560
-
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.

-
2 946
-
-
total
-
2 946
-
-
Dividends
-
12 554
-
-
withholding
-
942
-
-
total
-
942
-
-
Income
15 500
15 500
15 500
15 500
Total tax
18 883
3 888
3 547
3 345
After tax
-3 383
11 612
11 953
12 155
Living cost
35 135
35 135
35 135
35 135
Free-cash
-38 518
-23 523
-23 182
-22 980

Estimated living cost  is ₽35135 per week

₽24103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽28471
-₽21965
-₽15034
-₽16056
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
361
income
-
-
-
1 546
pensions
-
-
-
4 056
accident
-
-
-
246
health
-
-
-
2 126
total
-
-
-
8 335
Employee
36 528
-
12 876
-
health
4 182
-
1 474
-
pensions
4 113
-
1 450
-
income
5 011
-
1 766
-
total
13 306
-
4 690
-
Employer
36 528
-
12 876
-
accident
610
-
215
-
pensions
5 939
-
2 093
-
unemployment
895
-
315
-
total
7 444
-
2 623
-
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
-
294
-
-
total
-
294
-
-
Income
15 500
15 500
15 500
15 500
Total tax
20 750
14 244
7 313
8 335
After tax
-5 250
1 256
8 187
7 165
Living cost
23 221
23 221
23 221
23 221
Free-cash
-28 471
-21 965
-15 034
-16 056

Estimated living cost  is ₽23221 per week

₽17042
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1353
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4358
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5078
₽314
-₽3174
-₽3174
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
1 550
pensions
-
-
-
2 852
health insurance
-
-
-
1 147
work injury
-
-
-
78
total
-
-
-
5 813
Employee

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

20 577
-
15 500
-
health insurance
1 523
-
1 147
-
unemployment
247
-
186
-
work injury
103
-
78
-
pensions
3 786
-
2 852
-
income
2 058
-
1 550
-
total
7 717
-
5 813
-
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
7 717
2 325
5 813
5 813
After tax
7 783
13 175
9 687
9 687
Living cost
12 861
12 861
12 861
12 861
Free-cash
-5 078
314
-3 174
-3 174

Estimated living cost  is ₽12861 per week

₽7967
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽935
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.
₽3558
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽64789
-₽29792
-₽33629
-₽31920
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
141
social contributions
-
-
-
7 384
municipal
-
-
-
72
national
-
-
-
1 866
total
-
-
-
9 463
Employee
80 289
-
15 500
-
national
13 568
-
1 338
-
regional
1 212
-
101
-
municipal
479
-
52
-
social contributions
27 073
-
9 681
-
total
42 332
-
11 172
-
Employer
80 289
-
15 500
-
total
-
-
-
-
Corporate
-
15 500
-
-
nationa
-
3 719
-
-
municipal
-
747
-
-
total
-
4 466
-
-
Dividends
-
11 034
-
-
withholding
-
2 869
-
-
total
-
2 869
-
-
Income
15 500
15 500
15 500
15 500
Total tax
42 332
7 335
11 172
9 463
After tax
-26 832
8 165
4 328
6 037
Living cost
37 957
37 957
37 957
37 957
Free-cash
-64 789
-29 792
-33 629
-31 920

Estimated living cost  is ₽37957 per week

₽26663
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2611
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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