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
-₽22043
-₽21414
-₽21414
-₽22535
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
-
surtax

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

-
-
-
-
health

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

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

-
-
-
6 794
trade
-
-
-
-
total
-
-
-
6 794
Employee

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

38 035
-
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.

59
-
-
-
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.

1 062
-
-
-
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.

6 794
-
6 794
-
total
7 915
-
6 794
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
15 500
-
-
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
-
174
-
-
trade
-
2 442
-
-
total
-
5 069
-
-
Dividends
-
10 431
-
-
surtax

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

-
123
-
-
withholding
-
2 231
-
-
total
-
2 354
-
-
Income
15 500
15 500
15 500
15 500
Total tax
7 915
7 423
6 794
6 794
After tax
7 585
8 077
8 706
8 706
Living cost
30 120
30 120
30 120
30 120
Free-cash
-22 535
-22 043
-21 414
-21 414

Estimated living cost  is ₽30120 per week

₽18947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7099
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽42992
-₽40374
-₽40496
-₽73549
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
512
national
-
-
-
793
pensions
-
-
-
1 860
total
-
-
-
3 332
Employee
81 639
-
13 400
-
municipal
10 084
-
572
-
pensions
3 266
-
536
-
national
15 626
-
886
-
total
28 976
-
1 994
-
Employer
81 639
-
13 400
-
pensions
6 531
-
1 072
-
social contributions
878
-
144
-
total
7 409
-
1 216
-
Corporate
-
15 500
-
-
income

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

-
3 100
-
-
total
-
3 100
-
-
Dividends
-
12 400
-
-
withholding
-
2 728
-
-
total
-
2 728
-
-
Income
15 500
15 500
15 500
15 500
Total tax
36 385
5 828
3 210
3 332
After tax
-20 885
9 672
12 290
12 168
Living cost
52 664
52 664
52 664
52 664
Free-cash
-73 549
-42 992
-40 374
-40 496

Estimated living cost  is ₽52664 per week

₽35795
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4896
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽788
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11185
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8289
-₽11793
-₽10644
-₽20557
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
3 131
microenterprise
-
-
-
2 325
total
-
-
-
5 456
Employee
29 058
-
12 490
-
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.

3 197
-
1 374
-
income
5 173
-
2 223
-
total
8 370
-
3 597
-
Employer
29 058
-
12 490
-
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.

6 999
-
3 008
-
surtax
-
-
-
-
total
6 999
-
3 008
-
Corporate
-
15 500
-
-
income

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

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

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

-
12 399
-
-
total
-
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
15 369
3 101
6 605
5 456
After tax
131
12 399
8 895
10 044
Living cost
20 688
20 688
20 688
20 688
Free-cash
-20 557
-8 289
-11 793
-10 644

Estimated living cost  is ₽20688 per week

₽13198
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1970
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5050
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽77666
-₽83248
-₽32722
-₽83248
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 395
health
-
-
-
2 380
pensions
-
-
-
2 789
total
-
-
-
6 564
Employee
84 920
84 920
84 920
-
pensions
15 286
11 651
15 286
-
income

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

13 900
13 900
13 900
-
health
13 034
11 087
13 034
-
total
42 220
36 638
42 220
-
Employer
84 920
84 920
84 920
-
health
5 903
5 903
5 903
-
pensions
5 910
5 910
5 910
-
unemployment
3 057
3 057
3 057
-
total
14 870
14 870
14 870
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
57 090
51 508
57 090
6 564
After tax
-41 590
-36 008
-41 590
8 936
Living cost
41 658
41 658
41 658
41 658
Free-cash
-83 248
-77 666
-83 248
-32 722

Estimated living cost  is ₽41658 per week

₽29522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽662
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7718
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽32163
-₽32348
-₽32899
-₽60577
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
accident
-
-
-
31
other
-
-
-
1 801
unemployment
-
-
-
15
health
-
-
-
967
municipal
-
-
-
3 283
national
-
-
-
-
pensions
-
-
-
1 676
total
-
-
-
7 773
Employee
57 889
-
11 794
-
municipal
17 262
-
3 517
-
national
-
-
-
-
total
17 262
-
3 517
-
Employer
57 889
-
11 794
-
health
3 560
-
725
-
pensions
6 258
-
1 275
-
accident
116
-
24
-
unemployment
1 528
-
311
-
other
6 727
-
1 370
-
total
18 189
-
3 705
-
Corporate
-
15 500
-
-
income
-
3 410
-
-
total
-
3 410
-
-
Dividends
-
12 090
-
-
withholding
-
3 627
-
-
total
-
3 627
-
-
Income
15 500
15 500
15 500
15 500
Total tax
35 451
7 037
7 222
7 773
After tax
-19 951
8 463
8 278
7 727
Living cost
40 626
40 626
40 626
40 626
Free-cash
-60 577
-32 163
-32 348
-32 899

Estimated living cost  is ₽40626 per week

₽26926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
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.
₽9097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31064
-₽30359
-₽30359
-₽34930
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
-
surtax

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

-
-
-
-
health

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

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

-
-
-
6 794
trade
-
-
-
-
total
-
-
-
6 794
Employee

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

50 429
-
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.

238
-
-
-
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.

4 333
-
-
-
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.

6 794
-
6 794
-
total
11 365
-
6 794
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
15 500
-
-
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
-
174
-
-
trade
-
2 549
-
-
total
-
5 176
-
-
Dividends
-
10 324
-
-
surtax

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

-
121
-
-
withholding
-
2 202
-
-
total
-
2 323
-
-
Income
15 500
15 500
15 500
15 500
Total tax
11 365
7 499
6 794
6 794
After tax
4 135
8 001
8 706
8 706
Living cost
39 065
39 065
39 065
39 065
Free-cash
-34 930
-31 064
-30 359
-30 359

Estimated living cost  is ₽39065 per week

₽26127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4120
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽39240
-₽30547
-₽23615
-₽33805
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 804
income
-
-
-
-
social contributions
-
-
-
5 897
health
-
-
-
964
total
-
-
-
6 861
Employee
76 467
76 467
76 467
-
social contributions
3 716
6 346
2 140
-
income
8 030
7 079
8 598
-
health
761
1 300
438
-
total
12 507
14 725
11 176
-
Employer
76 467
76 467
76 467
-
health
828
1 415
477
-
social contributions
3 716
6 346
2 140
-
total
4 544
7 761
2 617
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
17 051
22 486
13 793
6 861
After tax
-1 551
-6 986
1 707
8 639
Living cost
32 254
32 254
32 254
32 254
Free-cash
-33 805
-39 240
-30 547
-23 615

Estimated living cost  is ₽32254 per week

₽22049
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.
₽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.
₽7145
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9234
-₽9294
-₽7541
-₽16032
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 895
unemployment
-
-
-
232
health
-
-
-
1 085
pensions
-
-
-
1 550
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.

26 386
10 501
12 971
-
unemployment
396
158
195
-
pensions
2 639
1 050
1 297
-
income
3 226
1 284
1 586
-
health
1 847
735
908
-
total
8 108
3 227
3 986
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 386
10 501
12 971
-
pensions
5 145
2 048
2 529
-
total
5 145
2 048
2 529
-
Corporate
-
2 951
-
-
income
-
266
-
-
total
-
266
-
-
Dividends
-
2 685
-
-
social contributions
-
404
-
-
withholding
-
510
-
-
total
-
914
-
-
Income
15 500
15 500
15 500
15 500
Total tax
13 253
6 455
6 515
4 762
After tax
2 247
9 045
8 985
10 738
Living cost
18 279
18 279
18 279
18 279
Free-cash
-16 032
-9 234
-9 294
-7 541

Estimated living cost  is ₽18279 per week

₽12474
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1496
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽365
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3944
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11620
-₽12851
-₽13635
-₽22245
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
health
-
-
-
2 015
pensions
-
-
-
3 101
total
-
-
-
5 116
Employee
28 210
-
11 584
-
unemployment
451
-
185
-
pensions
564
-
232
-
income
3 176
-
-
-
total
4 191
-
417
-
Employer
28 210
-
11 584
-
health
3 667
-
1 506
-
pensions
5 642
-
2 317
-
unemployment
226
-
92
-
total
9 535
-
3 915
-
Corporate
-
15 500
-
-
income
-
3 101
-
-
total
-
3 101
-
-
Dividends
-
12 399
-
-
total
-
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
13 726
3 101
4 332
5 116
After tax
1 774
12 399
11 168
10 384
Living cost
24 019
24 019
24 019
24 019
Free-cash
-22 245
-11 620
-12 851
-13 635

Estimated living cost  is ₽24019 per week

₽16475
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1430
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5631
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20861
-₽13931
-₽15126
-₽26379
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
accident
-
-
-
254
income
-
-
-
1 508
other
-
-
-
373
health
-
-
-
2 192
pensions
-
-
-
4 183
total
-
-
-
8 510
Employee
34 790
-
12 876
-
pensions
3 917
-
1 450
-
income
4 773
-
1 767
-
health
3 983
-
1 474
-
total
12 673
-
4 691
-
Employer
34 790
-
12 876
-
pensions
5 657
-
2 094
-
accident
581
-
215
-
unemployment
852
-
315
-
total
7 090
-
2 624
-
Corporate
-
15 500
-
-
income

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

-
13 950
-
-
total
-
13 950
-
-
Dividends
-
1 550
-
-
withholding
-
295
-
-
total
-
295
-
-
Income
15 500
15 500
15 500
15 500
Total tax
19 763
14 245
7 315
8 510
After tax
-4 263
1 255
8 185
6 990
Living cost
22 116
22 116
22 116
22 116
Free-cash
-26 379
-20 861
-13 931
-15 126

Estimated living cost  is ₽22116 per week

₽16209
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6656
₽4331
₽7276
₽5143
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
15 500
microenterprise

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

-
-
-
155
total
-
-
-
155
Employee
10 085
-
15 500
-
income
2 017
-
3 100
-
total
2 017
-
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%.

5 415
15 500
-
-
total
-
-
-
-
Dividends
5 415
15 500
-
-
withholding
271
775
-
-
total
271
775
-
-
Income
15 500
15 500
15 500
15 500
Total tax
2 288
775
3 100
155
After tax
13 212
14 725
12 400
15 345
Living cost
8 069
8 069
8 069
8 069
Free-cash
5 143
6 656
4 331
7 276

Estimated living cost  is ₽8069 per week

₽5000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽671
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽222
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15109
-₽17413
-₽18102
-₽29706
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 968
other
-
-
-
736
health
-
-
-
681
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.

-
-
-
3 720
total
-
-
-
7 105
Employee
36 107
-
12 381
-
unemployment
360
-
125
-
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.

2 527
-
866
-
income
6 216
-
2 131
-
health
506
-
174
-
total
9 609
-
3 296
-
Employer
36 107
-
12 381
-
health
506
-
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.

6 139
-
2 104
-
accident
289
-
98
-
unemployment
360
-
125
-
other
1 806
-
619
-
total
9 100
-
3 120
-
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
18 709
4 112
6 416
7 105
After tax
-3 209
11 388
9 084
8 395
Living cost
26 497
26 497
26 497
26 497
Free-cash
-29 706
-15 109
-17 413
-18 102

Estimated living cost  is ₽26497 per week

₽18722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1789
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽426
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5559
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽54288
-₽53899
-₽53758
-₽90519
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 036
pensions
-
-
-
321
total
-
-
-
3 357
Employee
93 240
-
15 003
-
pensions
8 995
-
-
-
income
16 807
-
3 001
-
health
1 536
-
-
-
total
27 338
-
3 001
-
Employer
93 240
-
15 003
-
health
1 771
-
284
-
pensions
11 009
-
213
-
total
12 780
-
497
-
Corporate
-
15 500
-
-
income

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

-
2 945
-
-
total
-
2 945
-
-
Dividends
-
12 555
-
-
withholding
-
942
-
-
total
-
942
-
-
Income
15 500
15 500
15 500
15 500
Total tax
40 118
3 887
3 498
3 357
After tax
-24 618
11 613
12 002
12 143
Living cost
65 901
65 901
65 901
65 901
Free-cash
-90 519
-54 288
-53 899
-53 758

Estimated living cost  is ₽65901 per week

₽49381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7743
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8242
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽214
-₽3254
-₽4001
-₽5152
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 325
unemployment
-
-
-
62
health
-
-
-
1 782
pensions

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

-
-
-
2 294
total
-
-
-
6 463
Employee
17 264
-
12 957
-
accident

We are using the highest rate at 1.1%.

190
-
143
-
pensions

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

1 516
-
1 138
-
income
1 726
-
1 296
-
health
794
-
596
-
total
4 226
-
3 173
-
Employer
17 264
-
12 957
-
health
1 192
-
894
-
pensions

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

1 903
-
1 428
-
accident

We are using the highest rate at 1.1%.

190
-
143
-
unemployment
103
-
78
-
total
3 388
-
2 543
-
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
7 614
2 248
5 716
6 463
After tax
7 886
13 252
9 784
9 037
Living cost
13 038
13 038
13 038
13 038
Free-cash
-5 152
214
-3 254
-4 001

Estimated living cost  is ₽13038 per week

₽7612
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽345
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4150
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽91151
-₽96733
-₽46207
-₽92838
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 395
health
-
-
-
2 380
pensions
-
-
-
2 789
total
-
-
-
6 564
Employee
92 196
84 920
84 920
-
pensions
11 651
11 651
15 286
-
income

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

13 900
13 900
13 900
-
health
11 502
11 087
13 034
-
total
37 053
36 638
42 220
-
Employer
92 196
84 920
84 920
-
health
6 407
5 903
5 903
-
pensions
6 416
5 910
5 910
-
unemployment
3 319
3 057
3 057
-
total
16 142
14 870
14 870
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
53 195
51 508
57 090
6 564
After tax
-37 695
-36 008
-41 590
8 936
Living cost
55 143
55 143
55 143
55 143
Free-cash
-92 838
-91 151
-96 733
-46 207

Estimated living cost  is ₽55143 per week

₽40677
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽632
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8909
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14049
-₽16856
-₽17172
-₽33214
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 332
social contributions
-
-
-
4 526
solidarity contribution
-
-
-
-
health
-
-
-
2 093
total
-
-
-
7 951
Employee
36 354
-
11 567
-
solidarity contribution
-
-
-
-
social contributions
2 363
-
752
-
income
4 362
-
1 388
-
health
4 908
-
1 562
-
total
11 633
-
3 702
-
Employer
36 354
-
11 567
-
health
3 272
-
1 041
-
social contributions
9 088
-
2 892
-
total
12 360
-
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
23 993
4 828
7 635
7 951
After tax
-8 493
10 672
7 865
7 549
Living cost
24 721
24 721
24 721
24 721
Free-cash
-33 214
-14 049
-16 856
-17 172

Estimated living cost  is ₽24721 per week

₽17171
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5305
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽33691
-₽37916
-₽36119
-₽72878
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 707
regional
-
-
-
96
municipal
-
-
-
62
national
-
-
-
1 793
total
-
-
-
9 658
Employee
88 379
-
15 500
-
municipal
468
-
43
-
national
15 314
-
1 242
-
regional
834
-
66
-
social contributions
29 801
-
10 104
-
total
46 417
-
11 455
-
Employer
88 379
-
15 500
-
total
-
-
-
-
Corporate
-
15 500
-
-
municipal
-
604
-
-
nationa
-
3 720
-
-
total
-
4 324
-
-
Dividends
-
11 177
-
-
withholding
-
2 906
-
-
total
-
2 906
-
-
Income
15 500
15 500
15 500
15 500
Total tax
46 417
7 230
11 455
9 658
After tax
-30 917
8 270
4 045
5 842
Living cost
41 961
41 961
41 961
41 961
Free-cash
-72 878
-33 691
-37 916
-36 119

Estimated living cost  is ₽41961 per week

₽29250
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2751
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽644
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9315
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12196
-₽13495
-₽13086
-₽24308
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 215
other
-
-
-
-
surtax
-
-
-
-
unemployment
-
-
-
226
health
-
-
-
1 100
pensions
-
-
-
3 101
total
-
-
-
6 642
Employee
32 885
-
12 707
-
other
-
-
-
-
unemployment
2 289
-
923
-
pensions
2 193
-
885
-
surtax
108
-
-
-
income
5 512
-
2 112
-
health
840
-
338
-
total
10 942
-
4 258
-
Employer
32 885
-
12 707
-
health
1 496
-
604
-
pensions
4 384
-
1 768
-
unemployment
1 042
-
421
-
other
-
-
-
-
total
6 922
-
2 793
-
Corporate
-
15 500
-
-
income
-
4 031
-
-
total
-
4 031
-
-
Dividends
-
11 469
-
-
withholding
-
1 721
-
-
total
-
1 721
-
-
Income
15 500
15 500
15 500
15 500
Total tax
17 864
5 752
7 051
6 642
After tax
-2 364
9 748
8 449
8 858
Living cost
21 944
21 944
21 944
21 944
Free-cash
-24 308
-12 196
-13 495
-13 086

Estimated living cost  is ₽21944 per week

₽13417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2025
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽33409
-₽33020
-₽32879
-₽54938
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 036
pensions
-
-
-
321
total
-
-
-
3 357
Employee
62 487
-
15 003
-
pensions
5 304
-
-
-
income
11 254
-
3 001
-
health
907
-
-
-
total
17 465
-
3 001
-
Employer
62 487
-
15 003
-
health
1 187
-
284
-
pensions
6 764
-
213
-
total
7 951
-
497
-
Corporate
-
15 500
-
-
income

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

-
2 945
-
-
total
-
2 945
-
-
Dividends
-
12 555
-
-
withholding
-
942
-
-
total
-
942
-
-
Income
15 500
15 500
15 500
15 500
Total tax
25 416
3 887
3 498
3 357
After tax
-9 916
11 613
12 002
12 143
Living cost
45 022
45 022
45 022
45 022
Free-cash
-54 938
-33 409
-33 020
-32 879

Estimated living cost  is ₽45022 per week

₽33730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3375
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7446
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽71547
-₽68300
-₽65288
-₽85290
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
309
regional
-
-
-
-
health
-
-
-
256
city
-
-
-
162
national
-
-
-
-
pensions
-
-
-
1 426
total
-
-
-
2 153
Employee
92 023
-
12 711
-
unemployment
-
-
-
-
pensions
7 731
-
2 367
-
national
436
-
-
-
regional
3 013
-
-
-
city
988
-
121
-
health
208
-
28
-
total
12 376
-
2 516
-
Employer
92 023
-
12 711
-
health
208
-
28
-
pensions
7 731
-
2 367
-
unemployment
-
-
-
-
other

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

1 840
-
254
-
total
9 779
-
2 649
-
Corporate
-
15 500
-
-
regional
-
3 278
-
-
national
-
1 317
-
-
total
-
4 595
-
-
Dividends
-
10 905
-
-
withholding
-
3 817
-
-
total
-
3 817
-
-
Income
15 500
15 500
15 500
15 500
Total tax
22 155
8 412
5 165
2 153
After tax
-6 655
7 088
10 335
13 347
Living cost
78 635
78 635
78 635
78 635
Free-cash
-85 290
-71 547
-68 300
-65 288

Estimated living cost  is ₽78635 per week

₽51135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽965
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19477
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽37636
-₽36849
-₽36849
-₽44264
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
-
surtax

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

-
-
-
-
health

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

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

-
-
-
6 794
trade
-
-
-
-
total
-
-
-
6 794
Employee

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

59 763
-
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.

387
-
-
-
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.

7 028
-
-
-
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.

6 794
-
6 794
-
total
14 209
-
6 794
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
15 500
-
-
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
-
174
-
-
trade
-
2 659
-
-
total
-
5 286
-
-
Dividends
-
10 214
-
-
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.

-
119
-
-
withholding
-
2 176
-
-
total
-
2 295
-
-
Income
15 500
15 500
15 500
15 500
Total tax
14 209
7 581
6 794
6 794
After tax
1 291
7 919
8 706
8 706
Living cost
45 555
45 555
45 555
45 555
Free-cash
-44 264
-37 636
-36 849
-36 849

Estimated living cost  is ₽45555 per week

₽33272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8049
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26213
-₽23885
-₽25309
-₽40351
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
other
-
-
-
481
surtax
-
-
-
-
social contributions
-
-
-
442
health
-
-
-
264
pensions
-
-
-
5 599
total
-
-
-
6 786
Employee
42 560
-
11 811
-
pensions
4 812
-
1 336
-
surtax
-
-
-
-
social contributions
1 213
-
338
-
income
2 512
-
-
-
total
8 537
-
1 674
-
Employer
42 560
-
11 811
-
health
2 980
-
827
-
pensions
6 992
-
1 940
-
unemployment
1 723
-
477
-
social contributions
128
-
36
-
other
1 468
-
408
-
total
13 291
-
3 688
-
Corporate
-
15 500
-
-
income
-
4 340
-
-
surtax
-
-
-
-
total
-
4 340
-
-
Dividends
-
11 160
-
-
surtax
-
-
-
-
social contributions
-
1 921
-
-
withholding
-
1 429
-
-
total
-
3 350
-
-
Income
15 500
15 500
15 500
15 500
Total tax
21 828
7 690
5 362
6 786
After tax
-6 328
7 810
10 138
8 714
Living cost
34 023
34 023
34 023
34 023
Free-cash
-40 351
-26 213
-23 885
-25 309

Estimated living cost  is ₽34023 per week

₽21453
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2767
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22842
-₽20514
-₽21938
-₽34356
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
other
-
-
-
481
surtax
-
-
-
-
social contributions
-
-
-
442
health
-
-
-
264
pensions
-
-
-
5 599
total
-
-
-
6 786
Employee
37 991
-
11 811
-
pensions
4 297
-
1 336
-
surtax
-
-
-
-
social contributions
1 083
-
338
-
income
1 959
-
-
-
total
7 339
-
1 674
-
Employer
37 991
-
11 811
-
health
2 659
-
827
-
pensions
6 243
-
1 940
-
unemployment
1 538
-
477
-
social contributions
113
-
36
-
other
1 312
-
408
-
total
11 865
-
3 688
-
Corporate
-
15 500
-
-
income
-
4 340
-
-
surtax
-
-
-
-
total
-
4 340
-
-
Dividends
-
11 160
-
-
surtax
-
-
-
-
social contributions
-
1 921
-
-
withholding
-
1 429
-
-
total
-
3 350
-
-
Income
15 500
15 500
15 500
15 500
Total tax
19 204
7 690
5 362
6 786
After tax
-3 704
7 810
10 138
8 714
Living cost
30 652
30 652
30 652
30 652
Free-cash
-34 356
-22 842
-20 514
-21 938

Estimated living cost  is ₽30652 per week

₽17777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3114
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9181
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11631
-₽11982
-₽11131
-₽20830
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 325
social contributions
-
-
-
2 138
health
-
-
-
1 081
total
-
-
-
5 544
Employee
33 717
-
15 500
-
social contributions
4 654
-
2 138
-
income
5 624
-
3 176
-
health
2 353
-
1 081
-
total
12 631
-
6 395
-
Employer
33 717
-
15 500
-
total
-
-
-
-
Corporate
-
15 500
-
-
income

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

-
776
-
-
total
-
776
-
-
Dividends
-
14 724
-
-
social contributions
1 734
2 032
-
-
withholding
-
2 208
-
-
health
878
1 028
-
-
total
2 612
5 268
-
-
Income
15 500
15 500
15 500
15 500
Total tax
15 243
6 044
6 395
5 544
After tax
257
9 456
9 105
9 956
Living cost
21 087
21 087
21 087
21 087
Free-cash
-20 830
-11 631
-11 982
-11 131

Estimated living cost  is ₽21087 per week

₽14112
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1300
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.
₽5188
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽42184
-₽32920
-₽29950
-₽49639
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
surtax
-
-
-
196
unemployment
-
-
-
6 099
chamber of commerce
-
-
-
62
health
-
-
-
1 185
pensions
-
-
-
2 868
total
-
-
-
10 410
Employee
49 697
39 629
39 629
-
other
496
396
102
-
unemployment
1 491
1 189
306
-
pensions
5 090
4 057
1 045
-
income
5 658
2 923
4 637
-
health
1 923
1 534
396
-
total
14 658
10 099
6 486
-
Employer
49 697
39 629
39 629
-
chamber of commerce
198
159
159
-
health
1 878
1 498
387
-
pensions
6 237
4 974
1 281
-
accident
645
515
132
-
unemployment
1 491
1 189
306
-
surtax
196
196
196
-
payroll
1 491
1 189
1 189
-
other
2 361
1 881
1 632
-
total
14 497
11 601
5 282
-
Corporate
3 774
3 774
6 444
-
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.

944
944
1 612
-
total
944
944
1 612
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
30 099
22 644
13 380
10 410
After tax
-14 599
-7 144
2 120
5 090
Living cost
35 040
35 040
35 040
35 040
Free-cash
-49 639
-42 184
-32 920
-29 950

Estimated living cost  is ₽35040 per week

₽23370
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27259
-₽29058
-₽29180
-₽76339
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
615
social contributions
-
-
-
5 242
national
-
-
-
2 565
total
-
-
-
8 422
Employee

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

71 132
-
12 003
-
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.

619
-
104
-
communal

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

3 710
-
627
-
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.

5 335
-
900
-
national
21 869
-
2 608
-
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.

3 342
-
564
-
total
34 875
-
4 803
-
Employer

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

71 132
-
12 003
-
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.

4 374
-
738
-
pensions

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

6 303
-
1 064
-
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.

925
-
157
-
unemployment

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

1 038
-
176
-
surtax
8 066
-
1 362
-
total
20 706
-
3 497
-
Corporate
-
15 500
-
-
income
-
3 101
-
-
surtax
-
62
-
-
total
-
3 163
-
-
Dividends
-
12 337
-
-
withholding

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

-
3 338
-
-
total
-
3 338
-
-
Income
15 500
15 500
15 500
15 500
Total tax
55 581
6 501
8 300
8 422
After tax
-40 081
8 999
7 200
7 078
Living cost
36 258
36 258
36 258
36 258
Free-cash
-76 339
-27 259
-29 058
-29 180

Estimated living cost  is ₽36258 per week

₽23355
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3170
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.
₽9166
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽25278
-₽33642
-₽28554
-₽49778
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
accident
-
-
-
192
income
-
-
-
1 727
other
-
-
-
21
unemployment
-
-
-
149
pensions
-
-
-
6 052
total
-
-
-
8 141
Employee
49 500
-
4 913
-
other
49
-
34
-
unemployment
768
-
515
-
pensions
2 327
-
1 561
-
income
10 444
-
532
-
total
13 588
-
2 642
-
Employer
49 500
-
4 913
-
pensions
11 681
-
7 837
-
accident
979
-
657
-
unemployment
2 723
-
1 827
-
other
394
-
266
-
total
15 777
-
10 587
-
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
-
2 540
-
-
total
-
2 540
-
-
Income
15 500
15 500
15 500
15 500
Total tax
29 365
4 865
13 229
8 141
After tax
-13 865
10 635
2 271
7 359
Living cost
35 913
35 913
35 913
35 913
Free-cash
-49 778
-25 278
-33 642
-28 554

Estimated living cost  is ₽35913 per week

₽26446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2548
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6401
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽43434
-₽50366
-₽50363
-₽68805
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
-
accident
-
-
-
426
income
-
-
-
-
surtax
-
-
-
277
health
-
-
-
3 548
pensions
-
-
-
7 571
total
-
-
-
11 822
Employee
75 307
-
9 844
-
pensions
6 024
-
3 786
-
surtax
4 616
-
277
-
income
7 274
-
-
-
health
3 352
-
2 106
-
total
21 266
-
6 169
-
Employer
75 307
-
9 844
-
health
2 297
-
1 444
-
pensions
6 024
-
3 786
-
accident
677
-
426
-
total
8 998
-
5 656
-
Corporate
-
15 500
-
-
communal
-
-
-
-
income
-
2 325
-
-
surtax
-
162
-
-
total
-
2 487
-
-
Dividends
-
13 013
-
-
income
-
455
-
-
withholding
-
1 951
-
-
total
-
2 406
-
-
Income
15 500
15 500
15 500
15 500
Total tax
30 264
4 893
11 825
11 822
After tax
-14 764
10 607
3 675
3 678
Living cost
54 041
54 041
54 041
54 041
Free-cash
-68 805
-43 434
-50 366
-50 363

Estimated living cost  is ₽54041 per week

₽40539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3274
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
-₽12588
-₽13887
-₽13478
-₽25039
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 215
other
-
-
-
-
surtax
-
-
-
-
unemployment
-
-
-
226
health
-
-
-
1 100
pensions
-
-
-
3 101
total
-
-
-
6 642
Employee
33 489
-
12 707
-
other
-
-
-
-
unemployment
2 331
-
923
-
pensions
2 234
-
885
-
surtax
119
-
-
-
income
5 614
-
2 112
-
health
855
-
338
-
total
11 153
-
4 258
-
Employer
33 489
-
12 707
-
health
1 523
-
604
-
pensions
4 465
-
1 768
-
unemployment
1 062
-
421
-
other
-
-
-
-
total
7 050
-
2 793
-
Corporate
-
15 500
-
-
income
-
4 031
-
-
total
-
4 031
-
-
Dividends
-
11 469
-
-
withholding
-
1 721
-
-
total
-
1 721
-
-
Income
15 500
15 500
15 500
15 500
Total tax
18 203
5 752
7 051
6 642
After tax
-2 703
9 748
8 449
8 858
Living cost
22 336
22 336
22 336
22 336
Free-cash
-25 039
-12 588
-13 887
-13 478

Estimated living cost  is ₽22336 per week

₽13485
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1942
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.
₽6392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18641
-₽22786
-₽21009
-₽39664
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 707
regional
-
-
-
159
municipal
-
-
-
62
national
-
-
-
1 793
total
-
-
-
9 721
Employee
55 162
-
15 500
-
municipal
293
-
43
-
national
8 739
-
1 242
-
regional
743
-
109
-
social contributions
18 601
-
10 104
-
total
28 376
-
11 498
-
Employer
55 162
-
15 500
-
total
-
-
-
-
Corporate
-
15 500
-
-
municipal
-
770
-
-
nationa
-
3 720
-
-
total
-
4 490
-
-
Dividends
-
11 011
-
-
withholding
-
2 863
-
-
total
-
2 863
-
-
Income
15 500
15 500
15 500
15 500
Total tax
28 376
7 353
11 498
9 721
After tax
-12 876
8 147
4 002
5 779
Living cost
26 788
26 788
26 788
26 788
Free-cash
-39 664
-18 641
-22 786
-21 009

Estimated living cost  is ₽26788 per week

₽16659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2714
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.
₽6956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19790
-₽22597
-₽22913
-₽44529
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 332
social contributions
-
-
-
4 526
solidarity contribution
-
-
-
-
health
-
-
-
2 093
total
-
-
-
7 951
Employee
44 798
-
11 567
-
solidarity contribution
-
-
-
-
social contributions
2 912
-
752
-
income
5 376
-
1 388
-
health
6 048
-
1 562
-
total
14 336
-
3 702
-
Employer
44 798
-
11 567
-
health
4 032
-
1 041
-
social contributions
11 199
-
2 892
-
total
15 231
-
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
29 567
4 828
7 635
7 951
After tax
-14 067
10 672
7 865
7 549
Living cost
30 462
30 462
30 462
30 462
Free-cash
-44 529
-19 790
-22 597
-22 913

Estimated living cost  is ₽30462 per week

₽22654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1688
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽38674
-₽29503
-₽26440
-₽41424
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
surtax
-
-
-
-
unemployment
-
-
-
6 099
chamber of commerce
-
-
-
62
health
-
-
-
1 185
pensions
-
-
-
2 868
total
-
-
-
10 214
Employee
43 469
39 629
39 629
-
other
434
396
104
-
unemployment
1 304
1 189
311
-
pensions
4 452
4 057
1 062
-
income
3 872
2 923
4 625
-
health
1 681
1 534
402
-
total
11 743
10 099
6 504
-
Employer
43 469
39 629
39 629
-
chamber of commerce
174
159
159
-
health
1 644
1 498
393
-
pensions
5 456
4 974
1 302
-
accident
564
515
134
-
unemployment
1 304
1 189
311
-
surtax
-
-
-
-
payroll
1 304
1 189
1 189
-
other
2 065
1 881
1 634
-
total
12 511
11 405
5 122
-
Corporate
3 774
3 774
6 604
-
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.

944
944
1 651
-
total
944
944
1 651
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
25 198
22 448
13 277
10 214
After tax
-9 698
-6 948
2 223
5 286
Living cost
31 726
31 726
31 726
31 726
Free-cash
-41 424
-38 674
-29 503
-26 440

Estimated living cost  is ₽31726 per week

₽19032
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2152
-₽173
₽2772
-₽217
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 717
-
15 500
-
income
3 144
-
3 100
-
total
3 144
-
3 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

-
15 500
-
-
total
-
-
-
-
Dividends
-
15 500
-
-
withholding
-
775
-
-
total
-
775
-
-
Income
15 500
15 500
15 500
15 500
Total tax
3 144
775
3 100
155
After tax
12 356
14 725
12 400
15 345
Living cost
12 573
12 573
12 573
12 573
Free-cash
-217
2 152
-173
2 772

Estimated living cost  is ₽12573 per week

₽8509
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽528
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16002
-₽17898
-₽17332
-₽35320
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
1 780
unemployment
-
-
-
23
health
-
-
-
1 525
pensions
-
-
-
2 831
total
-
-
-
6 159
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.

43 974
-
13 413
-
unemployment
62
-
19
-
pensions
6 816
-
2 080
-
income
7 583
-
1 672
-
health
2 840
-
866
-
total
17 301
-
4 637
-
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.

43 974
-
13 413
-
health
2 929
-
893
-
pensions
3 891
-
1 187
-
unemployment
26
-
8
-
total
6 846
-
2 088
-
Corporate
-
15 500
-
-
income
-
2 946
-
-
total
-
2 946
-
-
Dividends
-
12 554
-
-
withholding
-
1 883
-
-
total
-
1 883
-
-
Income
15 500
15 500
15 500
15 500
Total tax
24 147
4 829
6 725
6 159
After tax
-8 647
10 671
8 775
9 341
Living cost
26 673
26 673
26 673
26 673
Free-cash
-35 320
-16 002
-17 898
-17 332

Estimated living cost  is ₽26673 per week

₽18305
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1710
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6143
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽33877
-₽41516
-₽32595
-₽134151
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
income
-
-
-
3 021
social contributions
-
-
-
1 767
total
-
-
-
4 788
Employee
62 096
-
3 022
-
social contributions
5 092
-
726
-
income
13 697
-
505
-
total
18 789
-
1 231
-
Employer
62 096
-
3 022
-
social contributions
87 555
-
12 478
-
total
87 555
-
12 478
-
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
106 344
6 070
13 709
4 788
After tax
-90 844
9 430
1 791
10 712
Living cost
43 307
43 307
43 307
43 307
Free-cash
-134 151
-33 877
-41 516
-32 595

Estimated living cost  is ₽43307 per week

₽28099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4073
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10583
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22376
-₽21661
-₽21982
-₽41098
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
904
surtax
-
-
-
-
social contributions

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

-
-
-
5 386
total
-
-
-
6 290
Employee
45 736
-
12 526
-
surtax
-
-
-
-
social contributions
5 031
-
1 378
-
income
9 513
-
1 617
-
total
14 544
-
2 995
-
Employer
45 736
-
12 526
-
social contributions
10 862
-
2 974
-
total
10 862
-
2 974
-
Corporate
-
15 500
-
-
income
-
3 255
-
-
surtax
-
-
-
-
total
-
3 255
-
-
Dividends
-
12 245
-
-
withholding
-
3 429
-
-
total
-
3 429
-
-
Income
15 500
15 500
15 500
15 500
Total tax
25 406
6 684
5 969
6 290
After tax
-9 906
8 816
9 531
9 210
Living cost
31 192
31 192
31 192
31 192
Free-cash
-41 098
-22 376
-21 661
-21 982

Estimated living cost  is ₽31192 per week

₽23338
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1840
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽40220
-₽37892
-₽39316
-₽66235
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
other
-
-
-
481
surtax
-
-
-
-
social contributions
-
-
-
442
health
-
-
-
264
pensions
-
-
-
5 599
total
-
-
-
6 786
Employee
62 283
-
11 811
-
pensions
7 045
-
1 336
-
surtax
-
-
-
-
social contributions
1 774
-
338
-
income
5 434
-
-
-
total
14 253
-
1 674
-
Employer
62 283
-
11 811
-
health
4 359
-
827
-
pensions
10 234
-
1 940
-
unemployment
2 523
-
477
-
social contributions
187
-
36
-
other
2 149
-
408
-
total
19 452
-
3 688
-
Corporate
-
15 500
-
-
income
-
4 340
-
-
surtax
-
-
-
-
total
-
4 340
-
-
Dividends
-
11 160
-
-
surtax
-
-
-
-
social contributions
-
1 921
-
-
withholding
-
1 429
-
-
total
-
3 350
-
-
Income
15 500
15 500
15 500
15 500
Total tax
33 705
7 690
5 362
6 786
After tax
-18 205
7 810
10 138
8 714
Living cost
48 030
48 030
48 030
48 030
Free-cash
-66 235
-40 220
-37 892
-39 316

Estimated living cost  is ₽48030 per week

₽32506
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3929
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽659
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10936
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15941
-₽17344
-₽17802
-₽21426
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
31 970
-
13 420
-
income
-
-
-
-
social contributions
2 078
-
872
-
total
2 078
-
872
-
Employer
31 970
-
13 420
-
social contributions
4 956
-
2 080
-
total
4 956
-
2 080
-
Corporate
-
15 500
-
-
income
-
1 549
-
-
total
-
1 549
-
-
Dividends
-
13 951
-
-
total
-
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
7 034
1 549
2 952
3 410
After tax
8 466
13 951
12 548
12 090
Living cost
29 892
29 892
29 892
29 892
Free-cash
-21 426
-15 941
-17 344
-17 802

Estimated living cost  is ₽29892 per week

₽19328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7748
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽201066
-₽201066
-₽35132
-₽201066
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
labour market
-
-
-
1 171
municipal
-
-
-
364
national
-
-
-
365
pensions
-
-
-
862
total
-
-
-
2 762
Employee
202 050
202 050
202 050
-
municipal
43 025
43 025
43 025
-
labour market
16 141
16 141
16 141
-
pensions
287
287
287
-
national
24 684
24 684
24 684
-
total
84 137
84 137
84 137
-
Employer
202 050
202 050
202 050
-
national
24 727
24 727
24 727
-
labour market
16 164
16 164
16 164
-
pensions
574
574
574
-
municipal
43 094
43 094
43 094
-
total
84 559
84 559
84 559
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
168 696
168 696
168 696
2 762
After tax
-153 196
-153 196
-153 196
12 738
Living cost
47 870
47 870
47 870
47 870
Free-cash
-201 066
-201 066
-201 066
-35 132

Estimated living cost  is ₽47870 per week

₽32763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4235
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽736
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10136
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20535
-₽13605
-₽14800
-₽25762
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
accident
-
-
-
254
income
-
-
-
1 508
other
-
-
-
373
health
-
-
-
2 192
pensions
-
-
-
4 183
total
-
-
-
8 510
Employee
34 277
-
12 876
-
pensions
3 860
-
1 450
-
income
4 702
-
1 767
-
health
3 925
-
1 474
-
total
12 487
-
4 691
-
Employer
34 277
-
12 876
-
pensions
5 573
-
2 094
-
accident
572
-
215
-
unemployment
840
-
315
-
total
6 985
-
2 624
-
Corporate
-
15 500
-
-
income

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

-
13 950
-
-
total
-
13 950
-
-
Dividends
-
1 550
-
-
withholding
-
295
-
-
total
-
295
-
-
Income
15 500
15 500
15 500
15 500
Total tax
19 472
14 245
7 315
8 510
After tax
-3 972
1 255
8 185
6 990
Living cost
21 790
21 790
21 790
21 790
Free-cash
-25 762
-20 535
-13 605
-14 800

Estimated living cost  is ₽21790 per week

₽15861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1242
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.
₽4278
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27454
-₽28368
-₽25468
-₽46691
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
-
municipal
-
-
-
2 789
national
-
-
-
-
total
-
-
-
2 789
Employee
52 319
-
13 039
-
municipal
8 569
-
2 153
-
unemployment
785
-
196
-
pensions
3 531
-
879
-
national
864
-
-
-
health
391
-
-
-
total
14 140
-
3 228
-
Employer
52 319
-
13 039
-
health
402
-
100
-
pensions
9 077
-
2 263
-
accident
53
-
13
-
unemployment
340
-
85
-
total
9 872
-
2 461
-
Corporate
-
15 500
-
-
income
-
3 101
-
-
total
-
3 101
-
-
Dividends

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

-
9 300
-
-
municipal
-
1 674
-
-
national
-
-
-
-
total
-
1 674
-
-
Income
15 500
15 500
15 500
15 500
Total tax
24 012
4 775
5 689
2 789
After tax
-8 512
10 725
9 811
12 711
Living cost
38 179
38 179
38 179
38 179
Free-cash
-46 691
-27 454
-28 368
-25 468

Estimated living cost  is ₽38179 per week

₽24938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽608
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8962
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30010
-₽21317
-₽14385
-₽22869
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 804
income
-
-
-
-
social contributions
-
-
-
5 897
health
-
-
-
964
total
-
-
-
6 861
Employee
76 467
76 467
76 467
-
social contributions
2 891
6 346
2 140
-
income
8 326
7 079
8 598
-
health
593
1 300
438
-
total
11 810
14 725
11 176
-
Employer
76 467
76 467
76 467
-
health
644
1 415
477
-
social contributions
2 891
6 346
2 140
-
total
3 535
7 761
2 617
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
15 345
22 486
13 793
6 861
After tax
155
-6 986
1 707
8 639
Living cost
23 024
23 024
23 024
23 024
Free-cash
-22 869
-30 010
-21 317
-14 385

Estimated living cost  is ₽23024 per week

₽13799
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2259
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6458
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2953
-₽7092
-₽10741
-₽9674
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
500
unemployment
-
-
-
28
health
-
-
-
3 599
pensions
-
-
-
6 326
total
-
-
-
10 453
Employee

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

22 826
-
13 715
-
unemployment
113
-
87
-
pensions
3 423
-
2 599
-
income
1 561
-
861
-
health
1 940
-
1 472
-
total
7 037
-
5 019
-
Employer

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

22 826
-
13 715
-
health
981
-
745
-
pensions
1 255
-
953
-
unemployment
113
-
87
-
total
2 349
-
1 785
-
Corporate
-
15 500
-
-
income
-
1 395
-
-
total
-
1 395
-
-
Dividends
-
14 105
-
-
withholding
-
1 270
-
-
total
-
1 270
-
-
Income
15 500
15 500
15 500
15 500
Total tax
9 386
2 665
6 804
10 453
After tax
6 114
12 835
8 696
5 047
Living cost
15 788
15 788
15 788
15 788
Free-cash
-9 674
-2 953
-7 092
-10 741

Estimated living cost  is ₽15788 per week

₽10073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4106
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16711
-₽25075
-₽19987
-₽32992
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
accident
-
-
-
192
income
-
-
-
1 727
other
-
-
-
21
unemployment
-
-
-
149
pensions
-
-
-
6 052
total
-
-
-
8 141
Employee
36 770
-
4 913
-
other
36
-
34
-
unemployment
570
-
515
-
pensions
1 729
-
1 561
-
income
7 089
-
532
-
total
9 424
-
2 642
-
Employer
36 770
-
4 913
-
pensions
8 677
-
7 837
-
accident
728
-
657
-
unemployment
2 023
-
1 827
-
other
294
-
266
-
total
11 722
-
10 587
-
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
-
2 540
-
-
total
-
2 540
-
-
Income
15 500
15 500
15 500
15 500
Total tax
21 146
4 865
13 229
8 141
After tax
-5 646
10 635
2 271
7 359
Living cost
27 346
27 346
27 346
27 346
Free-cash
-32 992
-16 711
-25 075
-19 987

Estimated living cost  is ₽27346 per week

₽18458
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2629
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5780
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7735
₽6863
₽7001
₽7418
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 125
health
-
-
-
1 024
pensions
-
-
-
1 413
total
-
-
-
6 562
Employee
2 950
-
13 911
-
unemployment
30
-
71
-
pensions
265
-
636
-
income
571
-
4 051
-
health
147
-
353
-
total
1 013
-
5 111
-
Employer
2 950
-
13 911
-
health
280
-
671
-
pensions
324
-
777
-
unemployment
59
-
141
-
total
663
-
1 589
-
Corporate
11 886
15 500
-
-
income
2 615
3 410
-
-
total
2 615
3 410
-
-
Dividends
9 271
12 090
-
-
withholding
1 854
2 418
-
-
total
1 854
2 418
-
-
Income
15 500
15 500
15 500
15 500
Total tax
6 145
5 828
6 700
6 562
After tax
9 355
9 672
8 800
8 938
Living cost
1 937
1 937
1 937
1 937
Free-cash
7 418
7 735
6 863
7 001

Estimated living cost  is ₽1937 per week

₽1151
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽584
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6006
-₽7689
-₽8354
-₽15088
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
791
unemployment
-
-
-
232
health
-
-
-
1 596
pensions
-
-
-
4 030
total
-
-
-
6 649
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.

25 945
-
13 147
-
unemployment
195
-
99
-
pensions
3 632
-
1 841
-
income
3 576
-
1 013
-
health
1 336
-
677
-
total
8 739
-
3 630
-
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.

25 945
-
13 147
-
health
1 336
-
677
-
pensions
3 113
-
1 578
-
unemployment
195
-
99
-
total
4 644
-
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
13 383
4 301
5 984
6 649
After tax
2 117
11 199
9 516
8 851
Living cost
17 205
17 205
17 205
17 205
Free-cash
-15 088
-6 006
-7 689
-8 354

Estimated living cost  is ₽17205 per week

₽11584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1331
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3792
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17993
-₽17278
-₽17599
-₽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

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
income
-
-
-
904
surtax
-
-
-
-
social contributions

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

-
-
-
5 386
total
-
-
-
6 290
Employee
38 596
-
12 526
-
surtax
-
-
-
-
social contributions
4 246
-
1 378
-
income
7 541
-
1 617
-
total
11 787
-
2 995
-
Employer
38 596
-
12 526
-
social contributions
9 166
-
2 974
-
total
9 166
-
2 974
-
Corporate
-
15 500
-
-
income
-
3 255
-
-
surtax
-
-
-
-
total
-
3 255
-
-
Dividends
-
12 245
-
-
withholding
-
3 429
-
-
total
-
3 429
-
-
Income
15 500
15 500
15 500
15 500
Total tax
20 953
6 684
5 969
6 290
After tax
-5 453
8 816
9 531
9 210
Living cost
26 809
26 809
26 809
26 809
Free-cash
-32 262
-17 993
-17 278
-17 599

Estimated living cost  is ₽26809 per week

₽18988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1863
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.
₽5484
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24314
-₽32678
-₽27590
-₽47840
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
accident
-
-
-
192
income
-
-
-
1 727
other
-
-
-
21
unemployment
-
-
-
149
pensions
-
-
-
6 052
total
-
-
-
8 141
Employee
48 026
-
4 913
-
other
47
-
34
-
unemployment
744
-
515
-
pensions
2 257
-
1 561
-
income
10 031
-
532
-
total
13 079
-
2 642
-
Employer
48 026
-
4 913
-
pensions
11 334
-
7 837
-
accident
951
-
657
-
unemployment
2 642
-
1 827
-
other
385
-
266
-
total
15 312
-
10 587
-
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
-
2 540
-
-
total
-
2 540
-
-
Income
15 500
15 500
15 500
15 500
Total tax
28 391
4 865
13 229
8 141
After tax
-12 891
10 635
2 271
7 359
Living cost
34 949
34 949
34 949
34 949
Free-cash
-47 840
-24 314
-32 678
-27 590

Estimated living cost  is ₽34949 per week

₽25099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2717
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6641
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3854
-₽7322
-₽8069
-₽11595
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 325
unemployment
-
-
-
62
health
-
-
-
1 782
pensions

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

-
-
-
2 294
total
-
-
-
6 463
Employee
22 651
-
12 957
-
accident

We are using the highest rate at 1.1%.

249
-
143
-
pensions

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

1 989
-
1 138
-
income
2 265
-
1 296
-
health
1 042
-
596
-
total
5 545
-
3 173
-
Employer
22 651
-
12 957
-
health
1 563
-
894
-
pensions

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

2 496
-
1 428
-
accident

We are using the highest rate at 1.1%.

249
-
143
-
unemployment
136
-
78
-
total
4 444
-
2 543
-
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
9 989
2 248
5 716
6 463
After tax
5 511
13 252
9 784
9 037
Living cost
17 106
17 106
17 106
17 106
Free-cash
-11 595
-3 854
-7 322
-8 069

Estimated living cost  is ₽17106 per week

₽11314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽979
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30153
-₽29686
-₽29686
-₽33980
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
-
surtax

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

-
-
-
-
health

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

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

-
-
-
6 794
trade
-
-
-
-
total
-
-
-
6 794
Employee

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

49 479
-
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.

225
-
-
-
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.

4 069
-
-
-
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.

6 794
-
6 794
-
total
11 088
-
6 794
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
15 500
-
-
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
-
174
-
-
trade
-
2 225
-
-
total
-
4 852
-
-
Dividends
-
10 648
-
-
surtax

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

-
126
-
-
withholding
-
2 283
-
-
total
-
2 409
-
-
Income
15 500
15 500
15 500
15 500
Total tax
11 088
7 261
6 794
6 794
After tax
4 412
8 239
8 706
8 706
Living cost
38 392
38 392
38 392
38 392
Free-cash
-33 980
-30 153
-29 686
-29 686

Estimated living cost  is ₽38392 per week

₽26484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4131
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.
₽7220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽45797
-₽41377
-₽41377
-₽62287
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-13
social contributions
-
-
-
243
total
-
-
-
230
Employee
77 786
-
15 500
-
income
14 678
-
-13
-
social contributions
6 462
-
243
-
total
21 140
-
230
-
Employer
77 786
-
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
21 140
4 650
230
230
After tax
-5 640
10 850
15 270
15 270
Living cost
56 647
56 647
56 647
56 647
Free-cash
-62 287
-45 797
-41 377
-41 377

Estimated living cost  is ₽56647 per week

₽43096
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4616
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.
₽8394
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28991
-₽24056
-₽54929
-₽37658
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
28 307
health

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

-
-
-
6 024
total
-
-
-
34 331
Employee
45 618
-
13 771
-
income
4 950
-
-
-
social contributions
4 571
-
1 729
-
total
9 521
-
1 729
-
Employer
45 618
-
13 771
-
social contributions
4 571
-
1 729
-
total
4 571
-
1 729
-
Corporate
-
15 500
-
-
income
-
5 425
-
-
total
-
5 425
-
-
Dividends
-
10 075
-
-
social contributions
2 968
2 968
-
-
total
2 968
2 968
-
-
Income
15 500
15 500
15 500
15 500
Total tax
17 060
8 393
3 458
34 331
After tax
-1 560
7 107
12 042
-18 831
Living cost
36 098
36 098
36 098
36 098
Free-cash
-37 658
-28 991
-24 056
-54 929

Estimated living cost  is ₽36098 per week

₽23778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2846
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24988
-₽24599
-₽24458
-₽40771
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 036
pensions
-
-
-
321
total
-
-
-
3 357
Employee
50 240
-
15 003
-
pensions
3 835
-
-
-
income
9 149
-
3 001
-
health
655
-
-
-
total
13 639
-
3 001
-
Employer
50 240
-
15 003
-
health
955
-
284
-
pensions
5 076
-
213
-
total
6 031
-
497
-
Corporate
-
15 500
-
-
income

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

-
2 945
-
-
total
-
2 945
-
-
Dividends
-
12 555
-
-
withholding
-
942
-
-
total
-
942
-
-
Income
15 500
15 500
15 500
15 500
Total tax
19 670
3 887
3 498
3 357
After tax
-4 170
11 613
12 002
12 143
Living cost
36 601
36 601
36 601
36 601
Free-cash
-40 771
-24 988
-24 599
-24 458

Estimated living cost  is ₽36601 per week

₽25108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3366
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7667
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽22692
-₽15762
-₽16957
-₽29847
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
accident
-
-
-
254
income
-
-
-
1 508
other
-
-
-
373
health
-
-
-
2 192
pensions
-
-
-
4 183
total
-
-
-
8 510
Employee
37 670
-
12 876
-
pensions
4 242
-
1 450
-
income
5 168
-
1 767
-
health
4 313
-
1 474
-
total
13 723
-
4 691
-
Employer
37 670
-
12 876
-
pensions
6 125
-
2 094
-
accident
629
-
215
-
unemployment
923
-
315
-
total
7 677
-
2 624
-
Corporate
-
15 500
-
-
income

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

-
13 950
-
-
total
-
13 950
-
-
Dividends
-
1 550
-
-
withholding
-
295
-
-
total
-
295
-
-
Income
15 500
15 500
15 500
15 500
Total tax
21 400
14 245
7 315
8 510
After tax
-5 900
1 255
8 185
6 990
Living cost
23 947
23 947
23 947
23 947
Free-cash
-29 847
-22 692
-15 762
-16 957

Estimated living cost  is ₽23947 per week

₽17575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1395
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4495
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽311
-₽3798
-₽3798
-₽6078
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
1 550
unemployment
-
-
-
186
work injury
-
-
-
77
health insurance
-
-
-
1 147
pensions
-
-
-
2 852
total
-
-
-
5 812
Employee

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

21 577
-
15 500
-
health insurance
1 597
-
1 147
-
unemployment
259
-
186
-
work injury
108
-
77
-
pensions
3 970
-
2 852
-
income
2 158
-
1 550
-
total
8 092
-
5 812
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
15 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
-
15 500
-
-
withholding
-
2 325
-
-
total
-
2 325
-
-
Income
15 500
15 500
15 500
15 500
Total tax
8 092
2 325
5 812
5 812
After tax
7 408
13 175
9 688
9 688
Living cost
13 486
13 486
13 486
13 486
Free-cash
-6 078
-311
-3 798
-3 798

Estimated living cost  is ₽13486 per week

₽8355
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽980
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3730
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31451
-₽35603
-₽33820
-₽68298
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 707
regional
-
-
-
134
municipal
-
-
-
70
national
-
-
-
1 793
total
-
-
-
9 704
Employee
83 797
-
15 500
-
municipal
500
-
49
-
national
14 161
-
1 242
-
regional
1 265
-
92
-
social contributions
28 256
-
10 104
-
total
44 182
-
11 487
-
Employer
83 797
-
15 500
-
total
-
-
-
-
Corporate
-
15 500
-
-
municipal
-
747
-
-
nationa
-
3 720
-
-
total
-
4 467
-
-
Dividends
-
11 033
-
-
withholding
-
2 868
-
-
total
-
2 868
-
-
Income
15 500
15 500
15 500
15 500
Total tax
44 182
7 335
11 487
9 704
After tax
-28 682
8 165
4 013
5 796
Living cost
39 616
39 616
39 616
39 616
Free-cash
-68 298
-31 451
-35 603
-33 820

Estimated living cost  is ₽39616 per week

₽27827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2725
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽598
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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Estimated living cost

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