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
-₽18962
-₽20061
-₽18962
-₽20009
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 342
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.

-
-
-
-
trade
-
-
-
-
total
-
-
-
6 342
Employee

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

35 509
-
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.

55
-
-
-
income

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

992
-
-
-
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.

6 342
-
6 342
-
total
7 389
-
6 342
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
15 500
-
-
chamber of commerce
-
164
-
-
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.

-
129
-
-
trade
-
2 442
-
-
income
-
2 326
-
-
total
-
5 061
-
-
Dividends
-
10 440
-
-
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
-
2 257
-
-
total
-
2 380
-
-
Income
15 500
15 500
15 500
15 500
Total tax
7 389
7 441
6 342
6 342
After tax
8 111
8 059
9 158
9 158
Living cost
28 120
28 120
28 120
28 120
Free-cash
-20 009
-20 061
-18 962
-18 962

Estimated living cost  is ₽28120 per week

₽17688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6628
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽36904
-₽39290
-₽37026
-₽67288
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
social contributions
-
-
-
167
pensions
-
-
-
1 860
national
-
-
-
934
municipal
-
-
-
603
total
-
-
-
3 564
Employee
75 900
-
13 400
-
municipal
9 375
-
663
-
national
14 527
-
1 027
-
pensions
3 036
-
536
-
total
26 938
-
2 226
-
Employer
75 900
-
13 400
-
pensions
6 072
-
1 072
-
social contributions
816
-
144
-
total
6 888
-
1 216
-
Corporate
-
15 500
-
-
income

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

-
3 100
-
-
total
-
3 100
-
-
Dividends
-
12 400
-
-
withholding
-
2 728
-
-
total
-
2 728
-
-
Income
15 500
15 500
15 500
15 500
Total tax
33 826
5 828
3 442
3 564
After tax
-18 326
9 672
12 058
11 936
Living cost
48 962
48 962
48 962
48 962
Free-cash
-67 288
-39 290
-36 904
-37 026

Estimated living cost  is ₽48962 per week

₽33279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4551
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽733
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10399
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10420
-₽6915
-₽9063
-₽18161
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
15 500
social contributions

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

-
-
-
2 923
income
-
-
-
-
surtax
-
-
-
-
microenterprise
-
-
-
2 326
total
-
-
-
5 249
Employee
27 128
-
12 491
-
surtax
-
-
-
-
social contributions

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

2 984
-
1 374
-
income
4 829
-
2 223
-
total
7 813
-
3 597
-
Employer
27 128
-
12 491
-
surtax
-
-
-
-
social contributions

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

6 534
-
3 009
-
total
6 534
-
3 009
-
Corporate
-
15 500
-
-
income

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

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

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

-
12 399
-
-
total
-
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
14 347
3 101
6 606
5 249
After tax
1 153
12 399
8 894
10 251
Living cost
19 314
19 314
19 314
19 314
Free-cash
-18 161
-6 915
-10 420
-9 063

Estimated living cost  is ₽19314 per week

₽12322
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1839
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽76690
-₽71478
-₽29955
-₽76690
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
health
-
-
-
2 378
income
-
-
-
1 395
pensions
-
-
-
2 791
total
-
-
-
6 564
Employee
79 280
79 280
79 280
-
income

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

12 977
12 977
12 977
-
pensions
14 270
10 877
14 270
-
health
12 169
10 350
12 169
-
total
39 416
34 204
39 416
-
Employer
79 280
79 280
79 280
-
unemployment
2 854
2 854
2 854
-
health
5 511
5 511
5 511
-
pensions
5 518
5 518
5 518
-
total
13 883
13 883
13 883
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
53 299
48 087
53 299
6 564
After tax
-37 799
-32 587
-37 799
8 936
Living cost
38 891
38 891
38 891
38 891
Free-cash
-76 690
-71 478
-76 690
-29 955

Estimated living cost  is ₽38891 per week

₽27561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7206
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30179
-₽29993
-₽30729
-₽56513
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
other
-
-
-
1 801
health
-
-
-
967
accident
-
-
-
31
pensions
-
-
-
1 675
national
-
-
-
-
unemployment
-
-
-
16
municipal
-
-
-
3 283
total
-
-
-
7 773
Employee
54 796
-
11 794
-
municipal
16 340
-
3 517
-
national
-
-
-
-
total
16 340
-
3 517
-
Employer
54 796
-
11 794
-
other
6 367
-
1 371
-
unemployment
1 447
-
311
-
health
3 370
-
725
-
accident
110
-
24
-
pensions
5 923
-
1 275
-
total
17 217
-
3 706
-
Corporate
-
15 500
-
-
income
-
3 410
-
-
total
-
3 410
-
-
Dividends
-
12 090
-
-
withholding
-
3 627
-
-
total
-
3 627
-
-
Income
15 500
15 500
15 500
15 500
Total tax
33 557
7 037
7 223
7 773
After tax
-18 057
8 463
8 277
7 727
Living cost
38 456
38 456
38 456
38 456
Free-cash
-56 513
-29 993
-30 179
-30 729

Estimated living cost  is ₽38456 per week

₽25487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3774
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27313
-₽28492
-₽27313
-₽31580
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 342
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.

-
-
-
-
trade
-
-
-
-
total
-
-
-
6 342
Employee

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

47 080
-
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.

222
-
-
-
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.

4 045
-
-
-
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.

6 342
-
6 342
-
total
10 609
-
6 342
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
15 500
-
-
chamber of commerce
-
164
-
-
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.

-
129
-
-
trade
-
2 549
-
-
income
-
2 326
-
-
total
-
5 168
-
-
Dividends
-
10 333
-
-
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
-
2 230
-
-
total
-
2 353
-
-
Income
15 500
15 500
15 500
15 500
Total tax
10 609
7 521
6 342
6 342
After tax
4 891
7 979
9 158
9 158
Living cost
36 471
36 471
36 471
36 471
Free-cash
-31 580
-28 492
-27 313
-27 313

Estimated living cost  is ₽36471 per week

₽24392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3846
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27490
-₽35605
-₽21018
-₽30529
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 293
social contributions
-
-
-
5 506
health
-
-
-
900
income
-
-
-
-
total
-
-
-
6 406
Employee
71 388
71 388
71 388
-
social contributions
3 469
5 925
1 998
-
income
7 496
6 608
8 027
-
health
710
1 214
409
-
total
11 675
13 747
10 434
-
Employer
71 388
71 388
71 388
-
health
773
1 321
446
-
social contributions
3 469
5 925
1 998
-
total
4 242
7 246
2 444
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
15 917
20 993
12 878
6 406
After tax
-417
-5 493
2 622
9 094
Living cost
30 112
30 112
30 112
30 112
Free-cash
-30 529
-35 605
-27 490
-21 018

Estimated living cost  is ₽30112 per week

₽20585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2352
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.
₽6670
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8650
-₽8602
-₽6898
-₽14921
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

25 457
10 132
12 971
-
income
3 112
1 239
1 586
-
pensions
2 546
1 013
1 297
-
health
1 782
709
908
-
unemployment
382
152
195
-
total
7 822
3 113
3 986
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 457
10 132
12 971
-
pensions
4 964
1 976
2 529
-
total
4 964
1 976
2 529
-
Corporate
-
3 393
-
-
income
-
305
-
-
total
-
305
-
-
Dividends
-
3 087
-
-
social contributions
-
486
-
-
withholding
-
587
-
-
total
-
1 073
-
-
Income
15 500
15 500
15 500
15 500
Total tax
12 786
6 467
6 515
4 763
After tax
2 714
9 033
8 985
10 737
Living cost
17 635
17 635
17 635
17 635
Free-cash
-14 921
-8 602
-8 650
-6 898

Estimated living cost  is ₽17635 per week

₽12035
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1443
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽352
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3805
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11376
-₽10025
-₽12040
-₽19739
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
health
-
-
-
2 015
income
-
-
-
-
pensions
-
-
-
3 101
total
-
-
-
5 116
Employee
26 337
-
11 584
-
income
2 965
-
120
-
pensions
527
-
231
-
unemployment
421
-
185
-
total
3 913
-
536
-
Employer
26 337
-
11 584
-
unemployment
211
-
93
-
health
3 423
-
1 506
-
pensions
5 268
-
2 317
-
total
8 902
-
3 916
-
Corporate
-
15 500
-
-
income
-
3 101
-
-
total
-
3 101
-
-
Dividends
-
12 399
-
-
total
-
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
12 815
3 101
4 452
5 116
After tax
2 685
12 399
11 048
10 384
Living cost
22 424
22 424
22 424
22 424
Free-cash
-19 739
-10 025
-11 376
-12 040

Estimated living cost  is ₽22424 per week

₽15380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1335
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12480
-₽19409
-₽13297
-₽23632
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
348
health
-
-
-
2 049
accident
-
-
-
237
income
-
-
-
1 590
pensions
-
-
-
3 908
total
-
-
-
8 132
Employee
32 507
-
12 876
-
income
4 460
-
1 767
-
pensions
3 660
-
1 450
-
health
3 722
-
1 474
-
total
11 842
-
4 691
-
Employer
32 507
-
12 876
-
unemployment
796
-
315
-
accident
543
-
215
-
pensions
5 286
-
2 094
-
total
6 625
-
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
-
294
-
-
total
-
294
-
-
Income
15 500
15 500
15 500
15 500
Total tax
18 467
14 244
7 315
8 132
After tax
-2 967
1 256
8 185
7 368
Living cost
20 665
20 665
20 665
20 665
Free-cash
-23 632
-19 409
-12 480
-13 297

Estimated living cost  is ₽20665 per week

₽15146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3943
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4745
₽7070
₽7690
₽5636
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
15 500
microenterprise

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

-
-
-
155
total
-
-
-
155
Employee
9 568
-
15 500
-
income
1 913
-
3 100
-
total
1 913
-
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%.

5 932
15 500
-
-
total
-
-
-
-
Dividends
5 932
15 500
-
-
withholding
296
775
-
-
total
296
775
-
-
Income
15 500
15 500
15 500
15 500
Total tax
2 209
775
3 100
155
After tax
13 291
14 725
12 400
15 345
Living cost
7 655
7 655
7 655
7 655
Free-cash
5 636
7 070
4 745
7 690

Estimated living cost  is ₽7655 per week

₽4744
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽210
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15653
-₽13350
-₽16345
-₽26705
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
other
-
-
-
736
health
-
-
-
682
income
-
-
-
1 968
pensions

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

-
-
-
3 721
total
-
-
-
7 107
Employee
33 709
-
12 380
-
income
5 803
-
2 132
-
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.

2 359
-
867
-
health
472
-
173
-
unemployment
337
-
123
-
total
8 971
-
3 295
-
Employer
33 709
-
12 380
-
other
1 686
-
620
-
unemployment
337
-
123
-
health
472
-
173
-
accident
270
-
99
-
pensions

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

5 731
-
2 105
-
total
8 496
-
3 120
-
Corporate
-
15 500
-
-
income
-
3 256
-
-
total
-
3 256
-
-
Dividends
-
12 244
-
-
withholding
-
856
-
-
total
-
856
-
-
Income
15 500
15 500
15 500
15 500
Total tax
17 467
4 112
6 415
7 107
After tax
-1 967
11 388
9 085
8 393
Living cost
24 738
24 738
24 738
24 738
Free-cash
-26 705
-13 350
-15 653
-16 345

Estimated living cost  is ₽24738 per week

₽17479
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1670
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5190
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽49545
-₽49847
-₽49301
-₽83377
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 040
pensions
-
-
-
300
total
-
-
-
3 340
Employee
86 959
-
14 895
-
income
15 675
-
2 979
-
health
1 433
-
-
-
pensions
8 389
-
-
-
total
25 497
-
2 979
-
Employer
86 959
-
14 895
-
health
1 652
-
283
-
pensions
10 267
-
322
-
total
11 919
-
605
-
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
-
941
-
-
total
-
941
-
-
Income
15 500
15 500
15 500
15 500
Total tax
37 416
3 886
3 584
3 340
After tax
-21 916
11 614
11 916
12 160
Living cost
61 461
61 461
61 461
61 461
Free-cash
-83 377
-49 847
-49 545
-49 301

Estimated living cost  is ₽61461 per week

₽46054
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7687
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽14021
-₽10555
-₽14772
-₽22210
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
health
-
-
-
1 783
income
-
-
-
2 326
pensions

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

-
-
-
2 294
unemployment
-
-
-
62
total
-
-
-
6 465
Employee
31 523
-
12 958
-
income
3 152
-
1 295
-
accident

We are using the highest rate at 1.1%.

347
-
143
-
pensions

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

2 768
-
1 138
-
health
1 450
-
595
-
total
7 717
-
3 171
-
Employer
31 523
-
12 958
-
unemployment
189
-
78
-
health
2 176
-
893
-
accident

We are using the highest rate at 1.1%.

347
-
143
-
pensions

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

3 474
-
1 429
-
total
6 186
-
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
13 903
2 248
5 714
6 465
After tax
1 597
13 252
9 786
9 035
Living cost
23 807
23 807
23 807
23 807
Free-cash
-22 210
-10 555
-14 021
-14 772

Estimated living cost  is ₽23807 per week

₽13899
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1700
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽631
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7577
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽89279
-₽84067
-₽42544
-₽85642
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
health
-
-
-
2 378
income
-
-
-
1 395
pensions
-
-
-
2 791
total
-
-
-
6 564
Employee
86 073
79 280
79 280
-
income

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

12 977
12 977
12 977
-
pensions
10 877
10 877
14 270
-
health
10 738
10 350
12 169
-
total
34 592
34 204
39 416
-
Employer
86 073
79 280
79 280
-
unemployment
3 099
2 854
2 854
-
health
5 981
5 511
5 511
-
pensions
5 990
5 518
5 518
-
total
15 070
13 883
13 883
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
49 662
48 087
53 299
6 564
After tax
-34 162
-32 587
-37 799
8 936
Living cost
51 480
51 480
51 480
51 480
Free-cash
-85 642
-84 067
-89 279
-42 544

Estimated living cost  is ₽51480 per week

₽37975
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4598
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15141
-₽12334
-₽15457
-₽29835
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
social contributions
-
-
-
4 526
health
-
-
-
2 093
income
-
-
-
1 332
solidarity contribution
-
-
-
-
total
-
-
-
7 951
Employee
33 832
-
11 567
-
social contributions
2 199
-
752
-
solidarity contribution
-
-
-
-
income
4 060
-
1 388
-
health
4 567
-
1 562
-
total
10 826
-
3 702
-
Employer
33 832
-
11 567
-
health
3 045
-
1 041
-
social contributions
8 458
-
2 892
-
total
11 503
-
3 933
-
Corporate
-
15 500
-
-
income
-
2 945
-
-
total
-
2 945
-
-
Dividends
-
12 555
-
-
withholding
-
1 883
-
-
total
-
1 883
-
-
Income
15 500
15 500
15 500
15 500
Total tax
22 329
4 828
7 635
7 951
After tax
-6 829
10 672
7 865
7 549
Living cost
23 006
23 006
23 006
23 006
Free-cash
-29 835
-12 334
-15 141
-15 457

Estimated living cost  is ₽23006 per week

₽15980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽34625
-₽30902
-₽32948
-₽67009
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 195
national
-
-
-
1 910
regional
-
-
-
102
municipal
-
-
-
67
total
-
-
-
9 274
Employee
82 509
-
15 500
-
social contributions
27 822
-
9 433
-
municipal
437
-
49
-
national
14 297
-
1 395
-
regional
779
-
74
-
total
43 335
-
10 951
-
Employer
82 509
-
15 500
-
total
-
-
-
-
Corporate
-
15 500
-
-
nationa
-
3 719
-
-
municipal
-
604
-
-
total
-
4 323
-
-
Dividends
-
11 177
-
-
withholding
-
2 905
-
-
total
-
2 905
-
-
Income
15 500
15 500
15 500
15 500
Total tax
43 335
7 228
10 951
9 274
After tax
-27 835
8 272
4 549
6 226
Living cost
39 174
39 174
39 174
39 174
Free-cash
-67 009
-30 902
-34 625
-32 948

Estimated living cost  is ₽39174 per week

₽27308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2569
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8696
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11898
-₽10736
-₽11615
-₽21663
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
health
-
-
-
1 099
income
-
-
-
2 218
pensions
-
-
-
3 101
surtax
-
-
-
-
unemployment
-
-
-
211
total
-
-
-
6 629
Employee
30 701
-
12 804
-
surtax
100
-
-
-
income
5 146
-
2 146
-
other
-
-
-
-
pensions
2 047
-
854
-
health
784
-
326
-
unemployment
2 137
-
891
-
total
10 214
-
4 217
-
Employer
30 701
-
12 804
-
other
-
-
-
-
unemployment
973
-
405
-
health
1 397
-
583
-
pensions
4 093
-
1 707
-
total
6 463
-
2 695
-
Corporate
-
15 500
-
-
income
-
4 029
-
-
total
-
4 029
-
-
Dividends
-
11 471
-
-
withholding
-
1 721
-
-
total
-
1 721
-
-
Income
15 500
15 500
15 500
15 500
Total tax
16 677
5 750
6 912
6 629
After tax
-1 177
9 750
8 588
8 871
Living cost
20 486
20 486
20 486
20 486
Free-cash
-21 663
-10 736
-11 898
-11 615

Estimated living cost  is ₽20486 per week

₽12526
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30073
-₽30375
-₽29829
-₽50193
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 040
pensions
-
-
-
300
total
-
-
-
3 340
Employee
58 277
-
14 895
-
income
10 496
-
2 979
-
health
846
-
-
-
pensions
4 946
-
-
-
total
16 288
-
2 979
-
Employer
58 277
-
14 895
-
health
1 107
-
283
-
pensions
6 309
-
322
-
total
7 416
-
605
-
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
-
941
-
-
total
-
941
-
-
Income
15 500
15 500
15 500
15 500
Total tax
23 704
3 886
3 584
3 340
After tax
-8 204
11 614
11 916
12 160
Living cost
41 989
41 989
41 989
41 989
Free-cash
-50 193
-30 375
-30 073
-29 829

Estimated living cost  is ₽41989 per week

₽31458
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3147
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6944
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽63818
-₽67236
-₽60978
-₽79766
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
242
pensions
-
-
-
1 426
city
-
-
-
160
national
-
-
-
-
regional
-
-
-
15
total
-
-
-
2 152
Employee
86 980
-
12 797
-
national
412
-
-
-
city
933
-
124
-
pensions
7 307
-
2 277
-
health
197
-
29
-
regional
2 848
-
-
-
unemployment
-
-
-
-
total
11 697
-
2 430
-
Employer
86 980
-
12 797
-
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.

1 739
-
256
-
unemployment
-
-
-
-
health
197
-
29
-
pensions
7 307
-
2 277
-
total
9 243
-
2 562
-
Corporate
-
15 500
-
-
regional
-
3 278
-
-
national
-
1 317
-
-
total
-
4 595
-
-
Dividends
-
10 905
-
-
withholding
-
3 816
-
-
total
-
3 816
-
-
Income
15 500
15 500
15 500
15 500
Total tax
20 940
8 411
4 992
2 152
After tax
-5 440
7 089
10 508
13 348
Living cost
74 326
74 326
74 326
74 326
Free-cash
-79 766
-67 236
-63 818
-60 978

Estimated living cost  is ₽74326 per week

₽48333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6670
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽912
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18410
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽33372
-₽34632
-₽33372
-₽40294
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 342
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.

-
-
-
-
trade
-
-
-
-
total
-
-
-
6 342
Employee

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

55 794
-
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.

361
-
-
-
income

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

6 561
-
-
-
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.

6 342
-
6 342
-
total
13 264
-
6 342
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
15 500
-
-
chamber of commerce
-
162
-
-
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.

-
129
-
-
trade
-
2 659
-
-
income
-
2 326
-
-
total
-
5 276
-
-
Dividends
-
10 225
-
-
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.

-
122
-
-
withholding
-
2 204
-
-
total
-
2 326
-
-
Income
15 500
15 500
15 500
15 500
Total tax
13 264
7 602
6 342
6 342
After tax
2 236
7 898
9 158
9 158
Living cost
42 530
42 530
42 530
42 530
Free-cash
-40 294
-34 632
-33 372
-33 372

Estimated living cost  is ₽42530 per week

₽31062
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3402
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.
₽7514
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21622
-₽23951
-₽22926
-₽36643
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
other
-
-
-
481
social contributions
-
-
-
440
health
-
-
-
247
income
-
-
-
-
pensions
-
-
-
5 495
surtax
-
-
-
-
total
-
-
-
6 663
Employee
39 733
-
11 813
-
surtax
-
-
-
-
social contributions
1 133
-
337
-
income
2 345
-
-
-
pensions
4 493
-
1 337
-
total
7 971
-
1 674
-
Employer
39 733
-
11 813
-
other
1 371
-
407
-
unemployment
1 609
-
479
-
health
2 782
-
826
-
pensions
6 527
-
1 938
-
social contributions
120
-
35
-
total
12 409
-
3 685
-
Corporate
-
15 500
-
-
surtax
-
-
-
-
income
-
4 339
-
-
total
-
4 339
-
-
Dividends
-
11 161
-
-
social contributions
-
1 920
-
-
surtax
-
-
-
-
withholding
-
1 429
-
-
total
-
3 349
-
-
Income
15 500
15 500
15 500
15 500
Total tax
20 380
7 688
5 359
6 663
After tax
-4 880
7 812
10 141
8 837
Living cost
31 763
31 763
31 763
31 763
Free-cash
-36 643
-23 951
-21 622
-22 926

Estimated living cost  is ₽31763 per week

₽20028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2583
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8613
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18475
-₽20804
-₽19779
-₽31044
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
other
-
-
-
481
social contributions
-
-
-
440
health
-
-
-
247
income
-
-
-
-
pensions
-
-
-
5 495
surtax
-
-
-
-
total
-
-
-
6 663
Employee
35 468
-
11 813
-
surtax
-
-
-
-
social contributions
1 011
-
337
-
income
1 829
-
-
-
pensions
4 012
-
1 337
-
total
6 852
-
1 674
-
Employer
35 468
-
11 813
-
other
1 224
-
407
-
unemployment
1 436
-
479
-
health
2 482
-
826
-
pensions
5 828
-
1 938
-
social contributions
106
-
35
-
total
11 076
-
3 685
-
Corporate
-
15 500
-
-
surtax
-
-
-
-
income
-
4 339
-
-
total
-
4 339
-
-
Dividends
-
11 161
-
-
social contributions
-
1 920
-
-
surtax
-
-
-
-
withholding
-
1 429
-
-
total
-
3 349
-
-
Income
15 500
15 500
15 500
15 500
Total tax
17 928
7 688
5 359
6 663
After tax
-2 428
7 812
10 141
8 837
Living cost
28 616
28 616
28 616
28 616
Free-cash
-31 044
-20 804
-18 475
-19 779

Estimated living cost  is ₽28616 per week

₽16596
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2907
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8571
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10814
-₽10228
-₽9733
-₽18416
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
social contributions
-
-
-
2 139
health
-
-
-
1 082
income
-
-
-
2 326
total
-
-
-
5 547
Employee
31 478
-
15 500
-
social contributions
4 345
-
2 139
-
income
5 250
-
3 407
-
health
2 197
-
1 082
-
total
11 792
-
6 628
-
Employer
31 478
-
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%.

-
775
-
-
total
-
775
-
-
Dividends
-
14 725
-
-
social contributions
1 619
2 031
-
-
withholding
-
2 209
-
-
health
819
1 027
-
-
total
2 438
5 267
-
-
Income
15 500
15 500
15 500
15 500
Total tax
14 230
6 042
6 628
5 547
After tax
1 270
9 458
8 872
9 953
Living cost
19 686
19 686
19 686
19 686
Free-cash
-18 416
-10 228
-10 814
-9 733

Estimated living cost  is ₽19686 per week

₽13175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1214
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4843
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30200
-₽38354
-₽27206
-₽45313
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
health
-
-
-
1 186
income
-
-
-
-
chamber of commerce
-
-
-
62
pensions
-
-
-
2 868
surtax
-
-
-
183
unemployment
-
-
-
5 694
total
-
-
-
9 993
Employee
46 396
36 997
36 997
-
income
5 282
2 729
4 274
-
other
463
370
104
-
pensions
4 752
3 788
1 064
-
health
1 795
1 432
402
-
unemployment
1 392
1 110
312
-
total
13 684
9 429
6 156
-
Employer
46 396
36 997
36 997
-
other
2 204
1 756
1 531
-
unemployment
1 392
1 110
312
-
health
1 753
1 399
393
-
surtax
183
183
183
-
accident
603
481
136
-
pensions
5 823
4 644
1 304
-
payroll
1 392
1 110
1 110
-
chamber of commerce
185
148
148
-
total
13 535
10 831
5 117
-
Corporate
3 524
3 524
6 860
-
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.

881
881
1 714
-
total
881
881
1 714
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
28 100
21 141
12 987
9 993
After tax
-12 600
-5 641
2 513
5 507
Living cost
32 713
32 713
32 713
32 713
Free-cash
-45 313
-38 354
-30 200
-27 206

Estimated living cost  is ₽32713 per week

₽21818
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2791
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26643
-₽24876
-₽26531
-₽70239
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
social contributions
-
-
-
4 894
communal

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

-
-
-
636
national
-
-
-
2 651
total
-
-
-
8 181
Employee

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

66 408
-
12 006
-
national
20 416
-
2 609
-
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.

4 981
-
900
-
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.

3 120
-
564
-
communal

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

3 464
-
625
-
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.

578
-
104
-
total
32 559
-
4 802
-
Employer

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

66 408
-
12 006
-
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.

969
-
174
-
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.

4 084
-
738
-
surtax
7 530
-
1 360
-
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.

863
-
155
-
pensions

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

5 884
-
1 064
-
total
19 330
-
3 491
-
Corporate
-
15 500
-
-
surtax
-
62
-
-
income
-
3 101
-
-
total
-
3 163
-
-
Dividends
-
12 338
-
-
withholding

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

-
3 363
-
-
total
-
3 363
-
-
Income
15 500
15 500
15 500
15 500
Total tax
51 889
6 526
8 293
8 181
After tax
-36 389
8 974
7 207
7 319
Living cost
33 850
33 850
33 850
33 850
Free-cash
-70 239
-24 876
-26 643
-26 531

Estimated living cost  is ₽33850 per week

₽21804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2960
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8557
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30573
-₽22909
-₽25824
-₽45443
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19
accident
-
-
-
180
income
-
-
-
1 808
pensions
-
-
-
5 650
unemployment
-
-
-
139
total
-
-
-
7 796
Employee
46 213
-
5 616
-
income
9 751
-
692
-
other
46
-
32
-
pensions
2 172
-
1 457
-
unemployment
717
-
481
-
total
12 686
-
2 662
-
Employer
46 213
-
5 616
-
other
368
-
248
-
unemployment
2 542
-
1 705
-
accident
914
-
613
-
pensions
10 905
-
7 317
-
total
14 729
-
9 883
-
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.

-
2 326
-
-
total
-
2 326
-
-
Dividends
-
13 174
-
-
withholding
-
2 555
-
-
total
-
2 555
-
-
Income
15 500
15 500
15 500
15 500
Total tax
27 415
4 881
12 545
7 796
After tax
-11 915
10 619
2 955
7 704
Living cost
33 528
33 528
33 528
33 528
Free-cash
-45 443
-22 909
-30 573
-25 824

Estimated living cost  is ₽33528 per week

₽24690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2378
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.
₽5976
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽46063
-₽39848
-₽46061
-₽63205
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
health
-
-
-
3 312
accident
-
-
-
398
income
-
-
-
-
pensions
-
-
-
7 068
communal
-
-
-
-
surtax
-
-
-
331
total
-
-
-
11 109
Employee
70 306
-
10 220
-
surtax
4 309
-
331
-
income
6 791
-
-
-
pensions
5 624
-
3 534
-
health
3 129
-
1 966
-
total
19 853
-
5 831
-
Employer
70 306
-
10 220
-
health
2 144
-
1 348
-
accident
632
-
398
-
pensions
5 624
-
3 534
-
total
8 400
-
5 280
-
Corporate
-
15 500
-
-
surtax
-
162
-
-
income
-
2 326
-
-
communal
-
-
-
-
total
-
2 488
-
-
Dividends
-
13 012
-
-
income
-
456
-
-
withholding
-
1 952
-
-
total
-
2 408
-
-
Income
15 500
15 500
15 500
15 500
Total tax
28 253
4 896
11 111
11 109
After tax
-12 753
10 604
4 389
4 391
Living cost
50 452
50 452
50 452
50 452
Free-cash
-63 205
-39 848
-46 063
-46 061

Estimated living cost  is ₽50452 per week

₽37847
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9013
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12265
-₽11103
-₽11982
-₽22347
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
health
-
-
-
1 099
income
-
-
-
2 218
pensions
-
-
-
3 101
surtax
-
-
-
-
unemployment
-
-
-
211
total
-
-
-
6 629
Employee
31 265
-
12 804
-
surtax
111
-
-
-
income
5 241
-
2 146
-
other
-
-
-
-
pensions
2 086
-
854
-
health
798
-
326
-
unemployment
2 176
-
891
-
total
10 412
-
4 217
-
Employer
31 265
-
12 804
-
other
-
-
-
-
unemployment
992
-
405
-
health
1 422
-
583
-
pensions
4 168
-
1 707
-
total
6 582
-
2 695
-
Corporate
-
15 500
-
-
income
-
4 029
-
-
total
-
4 029
-
-
Dividends
-
11 471
-
-
withholding
-
1 721
-
-
total
-
1 721
-
-
Income
15 500
15 500
15 500
15 500
Total tax
16 994
5 750
6 912
6 629
After tax
-1 494
9 750
8 588
8 871
Living cost
20 853
20 853
20 853
20 853
Free-cash
-22 347
-11 103
-12 265
-11 982

Estimated living cost  is ₽20853 per week

₽12590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1813
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5967
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20509
-₽16861
-₽18850
-₽36000
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 195
national
-
-
-
1 910
regional
-
-
-
169
municipal
-
-
-
67
total
-
-
-
9 341
Employee
51 499
-
15 500
-
social contributions
17 366
-
9 433
-
municipal
273
-
49
-
national
8 159
-
1 395
-
regional
693
-
123
-
total
26 491
-
11 000
-
Employer
51 499
-
15 500
-
total
-
-
-
-
Corporate
-
15 500
-
-
nationa
-
3 719
-
-
municipal
-
770
-
-
total
-
4 489
-
-
Dividends
-
11 011
-
-
withholding
-
2 863
-
-
total
-
2 863
-
-
Income
15 500
15 500
15 500
15 500
Total tax
26 491
7 352
11 000
9 341
After tax
-10 991
8 148
4 500
6 159
Living cost
25 009
25 009
25 009
25 009
Free-cash
-36 000
-16 861
-20 509
-18 850

Estimated living cost  is ₽25009 per week

₽15553
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6494
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20484
-₽17677
-₽20800
-₽40364
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
social contributions
-
-
-
4 526
health
-
-
-
2 093
income
-
-
-
1 332
solidarity contribution
-
-
-
-
total
-
-
-
7 951
Employee
41 689
-
11 567
-
social contributions
2 710
-
752
-
solidarity contribution
-
-
-
-
income
5 003
-
1 388
-
health
5 628
-
1 562
-
total
13 341
-
3 702
-
Employer
41 689
-
11 567
-
health
3 752
-
1 041
-
social contributions
10 422
-
2 892
-
total
14 174
-
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
27 515
4 828
7 635
7 951
After tax
-12 015
10 672
7 865
7 549
Living cost
28 349
28 349
28 349
28 349
Free-cash
-40 364
-17 677
-20 484
-20 800

Estimated living cost  is ₽28349 per week

₽21082
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1570
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5206
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27005
-₽35077
-₽23929
-₽37641
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
health
-
-
-
1 186
income
-
-
-
-
chamber of commerce
-
-
-
62
pensions
-
-
-
2 868
surtax
-
-
-
-
unemployment
-
-
-
5 694
total
-
-
-
9 810
Employee
40 582
36 997
36 997
-
income
3 615
2 729
4 265
-
other
405
370
106
-
pensions
4 156
3 788
1 078
-
health
1 570
1 432
407
-
unemployment
1 217
1 110
315
-
total
10 963
9 429
6 171
-
Employer
40 582
36 997
36 997
-
other
1 927
1 756
1 533
-
unemployment
1 217
1 110
315
-
health
1 535
1 399
398
-
surtax
-
-
-
-
accident
527
481
137
-
pensions
5 093
4 644
1 321
-
payroll
1 217
1 110
1 110
-
chamber of commerce
162
148
148
-
total
11 678
10 648
4 962
-
Corporate
3 524
3 524
7 013
-
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.

881
881
1 753
-
total
881
881
1 753
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
23 522
20 958
12 886
9 810
After tax
-8 022
-5 458
2 614
5 690
Living cost
29 619
29 619
29 619
29 619
Free-cash
-37 641
-35 077
-27 005
-23 929

Estimated living cost  is ₽29619 per week

₽17768
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3025
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8298
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽472
₽2797
₽3417
₽561
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 911
-
15 500
-
income
2 982
-
3 100
-
total
2 982
-
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%.

589
15 500
-
-
total
-
-
-
-
Dividends
589
15 500
-
-
withholding
29
775
-
-
total
29
775
-
-
Income
15 500
15 500
15 500
15 500
Total tax
3 011
775
3 100
155
After tax
12 489
14 725
12 400
15 345
Living cost
11 928
11 928
11 928
11 928
Free-cash
561
2 797
472
3 417

Estimated living cost  is ₽11928 per week

₽8072
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽501
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2955
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16127
-₽14230
-₽15560
-₽31946
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
1 526
income
-
-
-
1 779
pensions
-
-
-
2 831
unemployment
-
-
-
23
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.

41 053
-
13 411
-
income
7 080
-
1 672
-
pensions
6 364
-
2 079
-
health
2 651
-
867
-
unemployment
58
-
19
-
total
16 153
-
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.

41 053
-
13 411
-
unemployment
25
-
9
-
health
2 734
-
893
-
pensions
3 633
-
1 187
-
total
6 392
-
2 089
-
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
22 545
4 829
6 726
6 159
After tax
-7 045
10 671
8 774
9 341
Living cost
24 901
24 901
24 901
24 901
Free-cash
-31 946
-14 230
-16 127
-15 560

Estimated living cost  is ₽24901 per week

₽17089
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1596
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.
₽5735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽40152
-₽32775
-₽31493
-₽130343
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
social contributions
-
-
-
1 767
income
-
-
-
3 021
total
-
-
-
4 788
Employee
60 516
-
3 339
-
social contributions
4 962
-
707
-
income
13 349
-
579
-
total
18 311
-
1 286
-
Employer
60 516
-
3 339
-
social contributions
85 327
-
12 161
-
total
85 327
-
12 161
-
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
103 638
6 070
13 447
4 788
After tax
-88 138
9 430
2 053
10 712
Living cost
42 205
42 205
42 205
42 205
Free-cash
-130 343
-32 775
-40 152
-31 493

Estimated living cost  is ₽42205 per week

₽27384
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3969
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10313
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19588
-₽20304
-₽19912
-₽37339
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
15 500
social contributions

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

-
-
-
5 386
income
-
-
-
906
surtax
-
-
-
-
total
-
-
-
6 292
Employee
42 698
-
12 524
-
surtax
-
-
-
-
social contributions
4 697
-
1 378
-
income
8 881
-
1 616
-
total
13 578
-
2 994
-
Employer
42 698
-
12 524
-
social contributions
10 141
-
2 974
-
total
10 141
-
2 974
-
Corporate
-
15 500
-
-
surtax
-
-
-
-
income
-
3 256
-
-
total
-
3 256
-
-
Dividends
-
12 244
-
-
withholding
-
3 428
-
-
total
-
3 428
-
-
Income
15 500
15 500
15 500
15 500
Total tax
23 719
6 684
5 968
6 292
After tax
-8 219
8 816
9 532
9 208
Living cost
29 120
29 120
29 120
29 120
Free-cash
-37 339
-20 304
-19 588
-19 912

Estimated living cost  is ₽29120 per week

₽21788
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1718
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.
₽5129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽34699
-₽37028
-₽36003
-₽60807
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
other
-
-
-
481
social contributions
-
-
-
440
health
-
-
-
247
income
-
-
-
-
pensions
-
-
-
5 495
surtax
-
-
-
-
total
-
-
-
6 663
Employee
58 146
-
11 813
-
surtax
-
-
-
-
social contributions
1 656
-
337
-
income
5 073
-
-
-
pensions
6 577
-
1 337
-
total
13 306
-
1 674
-
Employer
58 146
-
11 813
-
other
2 007
-
407
-
unemployment
2 356
-
479
-
health
4 070
-
826
-
pensions
9 554
-
1 938
-
social contributions
174
-
35
-
total
18 161
-
3 685
-
Corporate
-
15 500
-
-
surtax
-
-
-
-
income
-
4 339
-
-
total
-
4 339
-
-
Dividends
-
11 161
-
-
social contributions
-
1 920
-
-
surtax
-
-
-
-
withholding
-
1 429
-
-
total
-
3 349
-
-
Income
15 500
15 500
15 500
15 500
Total tax
31 467
7 688
5 359
6 663
After tax
-15 967
7 812
10 141
8 837
Living cost
44 840
44 840
44 840
44 840
Free-cash
-60 807
-37 028
-34 699
-36 003

Estimated living cost  is ₽44840 per week

₽30347
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10210
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15360
-₽13957
-₽15818
-₽18973
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 411
total
-
-
-
3 411
Employee
29 847
-
13 419
-
income
-
-
-
-
social contributions
1 940
-
874
-
total
1 940
-
874
-
Employer
29 847
-
13 419
-
social contributions
4 626
-
2 079
-
total
4 626
-
2 079
-
Corporate
-
15 500
-
-
income
-
1 550
-
-
total
-
1 550
-
-
Dividends
-
13 950
-
-
total
-
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
6 566
1 550
2 953
3 411
After tax
8 934
13 950
12 547
12 089
Living cost
27 907
27 907
27 907
27 907
Free-cash
-18 973
-13 957
-15 360
-15 818

Estimated living cost  is ₽27907 per week

₽18044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2104
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽186469
-₽186469
-₽32154
-₽186469
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 176
pensions
-
-
-
804
national
-
-
-
467
municipal
-
-
-
563
total
-
-
-
3 010
Employee
188 431
188 431
188 431
-
labour market
15 053
15 053
15 053
-
municipal
40 125
40 125
40 125
-
national
23 020
23 020
23 020
-
pensions
268
268
268
-
total
78 466
78 466
78 466
-
Employer
188 431
188 431
188 431
-
national
23 060
23 060
23 060
-
labour market
15 074
15 074
15 074
-
pensions
536
536
536
-
municipal
40 189
40 189
40 189
-
total
78 859
78 859
78 859
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
157 325
157 325
157 325
3 010
After tax
-141 825
-141 825
-141 825
12 490
Living cost
44 644
44 644
44 644
44 644
Free-cash
-186 469
-186 469
-186 469
-32 154

Estimated living cost  is ₽44644 per week

₽30555
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3949
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽687
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12175
-₽19104
-₽12992
-₽23056
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
348
health
-
-
-
2 049
accident
-
-
-
237
income
-
-
-
1 590
pensions
-
-
-
3 908
total
-
-
-
8 132
Employee
32 028
-
12 876
-
income
4 394
-
1 767
-
pensions
3 607
-
1 450
-
health
3 667
-
1 474
-
total
11 668
-
4 691
-
Employer
32 028
-
12 876
-
unemployment
785
-
315
-
accident
535
-
215
-
pensions
5 208
-
2 094
-
total
6 528
-
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
-
294
-
-
total
-
294
-
-
Income
15 500
15 500
15 500
15 500
Total tax
18 196
14 244
7 315
8 132
After tax
-2 696
1 256
8 185
7 368
Living cost
20 360
20 360
20 360
20 360
Free-cash
-23 056
-19 104
-12 175
-12 992

Estimated living cost  is ₽20360 per week

₽14820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽382
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3997
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽25832
-₽24918
-₽22934
-₽42559
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
national
-
-
-
-
municipal
-
-
-
2 791
total
-
-
-
2 791
Employee
48 844
-
13 041
-
municipal
8 000
-
2 153
-
national
807
-
-
-
pensions
3 296
-
881
-
health
365
-
-
-
unemployment
733
-
196
-
total
13 201
-
3 230
-
Employer
48 844
-
13 041
-
unemployment
317
-
85
-
health
375
-
100
-
accident
49
-
12
-
pensions
8 474
-
2 262
-
total
9 215
-
2 459
-
Corporate
-
15 500
-
-
income
-
3 101
-
-
total
-
3 101
-
-
Dividends

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

-
9 299
-
-
national
-
-
-
-
municipal
-
1 674
-
-
total
-
1 674
-
-
Income
15 500
15 500
15 500
15 500
Total tax
22 416
4 775
5 689
2 791
After tax
-6 916
10 725
9 811
12 709
Living cost
35 643
35 643
35 643
35 643
Free-cash
-42 559
-24 918
-25 832
-22 934

Estimated living cost  is ₽35643 per week

₽23282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3428
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18873
-₽26988
-₽12401
-₽20320
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 293
social contributions
-
-
-
5 506
health
-
-
-
900
income
-
-
-
-
total
-
-
-
6 406
Employee
71 388
71 388
71 388
-
social contributions
2 699
5 925
1 998
-
income
7 773
6 608
8 027
-
health
553
1 214
409
-
total
11 025
13 747
10 434
-
Employer
71 388
71 388
71 388
-
health
601
1 321
446
-
social contributions
2 699
5 925
1 998
-
total
3 300
7 246
2 444
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
14 325
20 993
12 878
6 406
After tax
1 175
-5 493
2 622
9 094
Living cost
21 495
21 495
21 495
21 495
Free-cash
-20 320
-26 988
-18 873
-12 401

Estimated living cost  is ₽21495 per week

₽12882
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2109
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.
₽6029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5683
-₽1905
-₽9089
-₽8004
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 360
income
-
-
-
558
pensions
-
-
-
5 905
unemployment
-
-
-
26
total
-
-
-
9 849
Employee

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

21 310
-
13 833
-
income
1 457
-
895
-
pensions
3 196
-
2 426
-
health
1 811
-
1 374
-
unemployment
106
-
81
-
total
6 570
-
4 776
-
Employer

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

21 310
-
13 833
-
unemployment
106
-
81
-
health
916
-
696
-
pensions
1 172
-
890
-
total
2 194
-
1 667
-
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
8 764
2 665
6 443
9 849
After tax
6 736
12 835
9 057
5 651
Living cost
14 740
14 740
14 740
14 740
Free-cash
-8 004
-1 905
-5 683
-9 089

Estimated living cost  is ₽14740 per week

₽9404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1062
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22574
-₽14910
-₽17825
-₽29771
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19
accident
-
-
-
180
income
-
-
-
1 808
pensions
-
-
-
5 650
unemployment
-
-
-
139
total
-
-
-
7 796
Employee
34 328
-
5 616
-
income
6 618
-
692
-
other
33
-
32
-
pensions
1 614
-
1 457
-
unemployment
532
-
481
-
total
8 797
-
2 662
-
Employer
34 328
-
5 616
-
other
275
-
248
-
unemployment
1 889
-
1 705
-
accident
680
-
613
-
pensions
8 101
-
7 317
-
total
10 945
-
9 883
-
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.

-
2 326
-
-
total
-
2 326
-
-
Dividends
-
13 174
-
-
withholding
-
2 555
-
-
total
-
2 555
-
-
Income
15 500
15 500
15 500
15 500
Total tax
19 742
4 881
12 545
7 796
After tax
-4 242
10 619
2 955
7 704
Living cost
25 529
25 529
25 529
25 529
Free-cash
-29 771
-14 910
-22 574
-17 825

Estimated living cost  is ₽25529 per week

₽17232
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2454
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5396
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7256
₽7973
₽7377
₽7694
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
health
-
-
-
899
income
-
-
-
4 285
pensions
-
-
-
1 240
total
-
-
-
6 424
Employee
2 588
-
14 105
-
income
501
-
4 220
-
pensions
233
-
558
-
health
129
-
310
-
unemployment
26
-
62
-
total
889
-
5 150
-
Employer
2 588
-
14 105
-
unemployment
52
-
124
-
health
246
-
589
-
pensions
285
-
682
-
total
583
-
1 395
-
Corporate
12 329
15 500
-
-
income
2 712
3 410
-
-
total
2 712
3 410
-
-
Dividends
9 617
12 090
-
-
withholding
1 923
2 418
-
-
total
1 923
2 418
-
-
Income
15 500
15 500
15 500
15 500
Total tax
6 107
5 828
6 545
6 424
After tax
9 393
9 672
8 955
9 076
Living cost
1 699
1 699
1 699
1 699
Free-cash
7 694
7 973
7 256
7 377

Estimated living cost  is ₽1699 per week

₽1010
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽39
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6624
-₽4830
-₽7289
-₽12997
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
1 596
income
-
-
-
902
pensions
-
-
-
4 030
unemployment
-
-
-
232
total
-
-
-
6 760
Employee

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

24 171
-
13 147
-
income
3 332
-
1 124
-
pensions
3 384
-
1 841
-
health
1 245
-
677
-
unemployment
181
-
99
-
total
8 142
-
3 741
-
Employer

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

24 171
-
13 147
-
unemployment
181
-
99
-
health
1 245
-
677
-
pensions
2 900
-
1 578
-
total
4 326
-
2 354
-
Corporate
-
15 500
-
-
income
-
2 325
-
-
total
-
2 325
-
-
Dividends
-
13 175
-
-
withholding
-
1 976
-
-
total
-
1 976
-
-
Income
15 500
15 500
15 500
15 500
Total tax
12 468
4 301
6 095
6 760
After tax
3 032
11 199
9 405
8 740
Living cost
16 029
16 029
16 029
16 029
Free-cash
-12 997
-4 830
-6 624
-7 289

Estimated living cost  is ₽16029 per week

₽10792
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3533
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15497
-₽16213
-₽15821
-₽29091
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
15 500
social contributions

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

-
-
-
5 386
income
-
-
-
906
surtax
-
-
-
-
total
-
-
-
6 292
Employee
36 033
-
12 524
-
surtax
-
-
-
-
social contributions
3 964
-
1 378
-
income
7 041
-
1 616
-
total
11 005
-
2 994
-
Employer
36 033
-
12 524
-
social contributions
8 557
-
2 974
-
total
8 557
-
2 974
-
Corporate
-
15 500
-
-
surtax
-
-
-
-
income
-
3 256
-
-
total
-
3 256
-
-
Dividends
-
12 244
-
-
withholding
-
3 428
-
-
total
-
3 428
-
-
Income
15 500
15 500
15 500
15 500
Total tax
19 562
6 684
5 968
6 292
After tax
-4 062
8 816
9 532
9 208
Living cost
25 029
25 029
25 029
25 029
Free-cash
-29 091
-16 213
-15 497
-15 821

Estimated living cost  is ₽25029 per week

₽17727
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1739
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5120
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29673
-₽22009
-₽24924
-₽43632
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19
accident
-
-
-
180
income
-
-
-
1 808
pensions
-
-
-
5 650
unemployment
-
-
-
139
total
-
-
-
7 796
Employee
44 837
-
5 616
-
income
9 365
-
692
-
other
44
-
32
-
pensions
2 107
-
1 457
-
unemployment
694
-
481
-
total
12 210
-
2 662
-
Employer
44 837
-
5 616
-
other
359
-
248
-
unemployment
2 466
-
1 705
-
accident
888
-
613
-
pensions
10 581
-
7 317
-
total
14 294
-
9 883
-
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.

-
2 326
-
-
total
-
2 326
-
-
Dividends
-
13 174
-
-
withholding
-
2 555
-
-
total
-
2 555
-
-
Income
15 500
15 500
15 500
15 500
Total tax
26 504
4 881
12 545
7 796
After tax
-11 004
10 619
2 955
7 704
Living cost
32 628
32 628
32 628
32 628
Free-cash
-43 632
-22 009
-29 673
-24 924

Estimated living cost  is ₽32628 per week

₽23432
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2537
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21449
-₽17983
-₽22200
-₽33976
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
health
-
-
-
1 783
income
-
-
-
2 326
pensions

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

-
-
-
2 294
unemployment
-
-
-
62
total
-
-
-
6 465
Employee
41 360
-
12 958
-
income
4 137
-
1 295
-
accident

We are using the highest rate at 1.1%.

455
-
143
-
pensions

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

3 631
-
1 138
-
health
1 903
-
595
-
total
10 126
-
3 171
-
Employer
41 360
-
12 958
-
unemployment
248
-
78
-
health
2 854
-
893
-
accident

We are using the highest rate at 1.1%.

455
-
143
-
pensions

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

4 558
-
1 429
-
total
8 115
-
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
18 241
2 248
5 714
6 465
After tax
-2 741
13 252
9 786
9 035
Living cost
31 235
31 235
31 235
31 235
Free-cash
-33 976
-17 983
-21 449
-22 200

Estimated living cost  is ₽31235 per week

₽20659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1788
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽745
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8044
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26684
-₽27622
-₽26684
-₽30692
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 342
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.

-
-
-
-
trade
-
-
-
-
total
-
-
-
6 342
Employee

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

46 193
-
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.

210
-
-
-
income

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

3 798
-
-
-
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.

6 342
-
6 342
-
total
10 350
-
6 342
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
15 500
-
-
chamber of commerce
-
164
-
-
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.

-
129
-
-
trade
-
2 223
-
-
income
-
2 326
-
-
total
-
4 842
-
-
Dividends
-
10 659
-
-
surtax

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

-
127
-
-
withholding
-
2 311
-
-
total
-
2 438
-
-
Income
15 500
15 500
15 500
15 500
Total tax
10 350
7 280
6 342
6 342
After tax
5 150
8 220
9 158
9 158
Living cost
35 842
35 842
35 842
35 842
Free-cash
-30 692
-27 622
-26 684
-26 684

Estimated living cost  is ₽35842 per week

₽24725
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽37847
-₽42036
-₽37847
-₽57121
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
194
social contributions
-
-
-
268
total
-
-
-
462
Employee
72 620
-
15 500
-
income
13 703
-
194
-
social contributions
6 033
-
268
-
total
19 736
-
462
-
Employer
72 620
-
15 500
-
total
-
-
-
-
Corporate
-
15 500
-
-
income
-
1 938
-
-
total
-
1 938
-
-
Dividends
-
13 562
-
-
withholding
-
2 713
-
-
total
-
2 713
-
-
Income
15 500
15 500
15 500
15 500
Total tax
19 736
4 651
462
462
After tax
-4 236
10 849
15 038
15 038
Living cost
52 885
52 885
52 885
52 885
Free-cash
-57 121
-42 036
-37 847
-37 847

Estimated living cost  is ₽52885 per week

₽40234
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4309
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.
₽7836
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21429
-₽26397
-₽50312
-₽34127
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 427
health

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

-
-
-
5 684
total
-
-
-
32 111
Employee
42 589
-
13 886
-
income
4 621
-
-
-
social contributions
4 267
-
1 614
-
total
8 888
-
1 614
-
Employer
42 589
-
13 886
-
social contributions
4 267
-
1 614
-
total
4 267
-
1 614
-
Corporate
-
15 500
-
-
income
-
5 425
-
-
total
-
5 425
-
-
Dividends
-
10 075
-
-
social contributions
2 771
2 771
-
-
total
2 771
2 771
-
-
Income
15 500
15 500
15 500
15 500
Total tax
15 926
8 196
3 228
32 111
After tax
-426
7 304
12 272
-16 611
Living cost
33 701
33 701
33 701
33 701
Free-cash
-34 127
-26 397
-21 429
-50 312

Estimated living cost  is ₽33701 per week

₽22198
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2657
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8328
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22220
-₽22522
-₽21976
-₽36981
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 040
pensions
-
-
-
300
total
-
-
-
3 340
Employee
46 856
-
14 895
-
income
8 533
-
2 979
-
health
611
-
-
-
pensions
3 576
-
-
-
total
12 720
-
2 979
-
Employer
46 856
-
14 895
-
health
891
-
283
-
pensions
4 734
-
322
-
total
5 625
-
605
-
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
-
941
-
-
total
-
941
-
-
Income
15 500
15 500
15 500
15 500
Total tax
18 345
3 886
3 584
3 340
After tax
-2 845
11 614
11 916
12 160
Living cost
34 136
34 136
34 136
34 136
Free-cash
-36 981
-22 522
-22 220
-21 976

Estimated living cost  is ₽34136 per week

₽23417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3139
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7151
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽14191
-₽21120
-₽15008
-₽26871
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
348
health
-
-
-
2 049
accident
-
-
-
237
income
-
-
-
1 590
pensions
-
-
-
3 908
total
-
-
-
8 132
Employee
35 198
-
12 876
-
income
4 829
-
1 767
-
pensions
3 963
-
1 450
-
health
4 030
-
1 474
-
total
12 822
-
4 691
-
Employer
35 198
-
12 876
-
unemployment
862
-
315
-
accident
588
-
215
-
pensions
5 723
-
2 094
-
total
7 173
-
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
-
294
-
-
total
-
294
-
-
Income
15 500
15 500
15 500
15 500
Total tax
19 995
14 244
7 315
8 132
After tax
-4 495
1 256
8 185
7 368
Living cost
22 376
22 376
22 376
22 376
Free-cash
-26 871
-21 120
-14 191
-15 008

Estimated living cost  is ₽22376 per week

₽16421
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1304
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2836
₽652
-₽2836
-₽4537
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health insurance
-
-
-
1 147
work injury
-
-
-
78
pensions
-
-
-
2 852
unemployment
-
-
-
186
total
-
-
-
5 813
Employee

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

20 037
-
15 500
-
income
2 004
-
1 550
-
work injury
100
-
78
-
health insurance
1 483
-
1 147
-
pensions
3 687
-
2 852
-
unemployment
240
-
186
-
total
7 514
-
5 813
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
15 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
-
15 500
-
-
withholding
-
2 325
-
-
total
-
2 325
-
-
Income
15 500
15 500
15 500
15 500
Total tax
7 514
2 325
5 813
5 813
After tax
7 986
13 175
9 687
9 687
Living cost
12 523
12 523
12 523
12 523
Free-cash
-4 537
652
-2 836
-2 836

Estimated living cost  is ₽12523 per week

₽7758
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽910
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽32474
-₽28819
-₽30808
-₽62732
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 195
national
-
-
-
1 910
regional
-
-
-
144
municipal
-
-
-
74
total
-
-
-
9 323
Employee
78 231
-
15 500
-
social contributions
26 379
-
9 433
-
municipal
467
-
55
-
national
13 220
-
1 395
-
regional
1 181
-
106
-
total
41 247
-
10 989
-
Employer
78 231
-
15 500
-
total
-
-
-
-
Corporate
-
15 500
-
-
nationa
-
3 719
-
-
municipal
-
747
-
-
total
-
4 466
-
-
Dividends
-
11 034
-
-
withholding
-
2 868
-
-
total
-
2 868
-
-
Income
15 500
15 500
15 500
15 500
Total tax
41 247
7 334
10 989
9 323
After tax
-25 747
8 166
4 511
6 177
Living cost
36 985
36 985
36 985
36 985
Free-cash
-62 732
-28 819
-32 474
-30 808

Estimated living cost  is ₽36985 per week

₽25979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2544
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7902
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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