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
-₽22697
-₽23371
-₽22225
-₽22225
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
15 500
trade
-
-
-
-
income

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

-
-
-
-
health

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

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

-
-
-
6 943
surtax

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

-
-
-
-
total
-
-
-
6 943
Employee

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

38 870
-
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.

6 943
-
6 943
-
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.

60
-
-
-
income

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

1 086
-
-
-
total
8 089
-
6 943
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
15 500
-
-
surtax

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

-
127
-
-
income
-
2 326
-
-
trade
-
2 442
-
-
chamber of commerce
-
177
-
-
total
-
5 072
-
-
Dividends
-
10 428
-
-
surtax

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

-
121
-
-
withholding
-
2 222
-
-
total
-
2 343
-
-
Income
15 500
15 500
15 500
15 500
Total tax
8 089
7 415
6 943
6 943
After tax
7 411
8 085
8 557
8 557
Living cost
30 782
30 782
30 782
30 782
Free-cash
-23 371
-22 697
-22 225
-22 225

Estimated living cost  is ₽30782 per week

₽19363
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7255
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽41603
-₽71198
-₽39194
-₽39072
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
546
pensions
-
-
-
1 860
national
-
-
-
846
social contributions
-
-
-
167
total
-
-
-
3 419
Employee
79 485
-
13 400
-
municipal
9 818
-
606
-
pensions
3 179
-
536
-
national
15 213
-
939
-
total
28 210
-
2 081
-
Employer
79 485
-
13 400
-
social contributions
854
-
144
-
pensions
6 359
-
1 072
-
total
7 213
-
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
35 423
5 828
3 297
3 419
After tax
-19 923
9 672
12 203
12 081
Living cost
51 275
51 275
51 275
51 275
Free-cash
-71 198
-41 603
-39 072
-39 194

Estimated living cost  is ₽51275 per week

₽34851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽767
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10890
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8742
-₽21349
-₽11168
-₽12249
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
2 326
income
-
-
-
-
surtax
-
-
-
-
social contributions

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

-
-
-
3 199
total
-
-
-
5 525
Employee
29 696
-
12 491
-
social contributions

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

3 267
-
1 373
-
surtax
-
-
-
-
income
5 286
-
2 224
-
total
8 553
-
3 597
-
Employer
29 696
-
12 491
-
social contributions

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

7 153
-
3 009
-
surtax
-
-
-
-
total
7 153
-
3 009
-
Corporate
-
15 500
-
-
income

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

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

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

-
12 401
-
-
total
-
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
15 706
3 099
6 606
5 525
After tax
-206
12 401
8 894
9 975
Living cost
21 142
21 142
21 142
21 142
Free-cash
-21 349
-8 742
-12 249
-11 168

Estimated living cost  is ₽21142 per week

₽13488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2013
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5161
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽79711
-₽85415
-₽33638
-₽85415
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
income
-
-
-
1 394
pensions
-
-
-
2 791
health
-
-
-
2 380
total
-
-
-
6 565
Employee
86 784
86 784
86 784
-
health
13 320
11 330
13 320
-
income

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

14 205
14 205
14 205
-
pensions
15 621
11 907
15 621
-
total
43 146
37 442
43 146
-
Employer
86 784
86 784
86 784
-
unemployment
3 124
3 124
3 124
-
pensions
6 040
6 040
6 040
-
health
6 032
6 032
6 032
-
total
15 196
15 196
15 196
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
58 342
52 638
58 342
6 565
After tax
-42 842
-37 138
-42 842
8 935
Living cost
42 573
42 573
42 573
42 573
Free-cash
-85 415
-79 711
-85 415
-33 638

Estimated living cost  is ₽42573 per week

₽30170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3838
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽677
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30694
-₽57825
-₽31431
-₽30879
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
3 283
accident
-
-
-
31
pensions
-
-
-
1 676
other
-
-
-
1 801
unemployment
-
-
-
16
health
-
-
-
967
national
-
-
-
-
total
-
-
-
7 774
Employee
55 795
-
11 794
-
municipal
16 638
-
3 517
-
national
-
-
-
-
total
16 638
-
3 517
-
Employer
55 795
-
11 794
-
accident
112
-
24
-
other
6 483
-
1 370
-
unemployment
1 473
-
311
-
pensions
6 031
-
1 275
-
health
3 431
-
725
-
total
17 530
-
3 705
-
Corporate
-
15 500
-
-
income
-
3 410
-
-
total
-
3 410
-
-
Dividends
-
12 090
-
-
withholding
-
3 627
-
-
total
-
3 627
-
-
Income
15 500
15 500
15 500
15 500
Total tax
34 168
7 037
7 222
7 774
After tax
-18 668
8 463
8 278
7 726
Living cost
39 157
39 157
39 157
39 157
Free-cash
-57 825
-30 694
-30 879
-31 431

Estimated living cost  is ₽39157 per week

₽25951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3842
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8768
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31917
-₽36037
-₽31366
-₽31366
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
15 500
trade
-
-
-
-
income

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

-
-
-
-
health

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

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

-
-
-
6 943
surtax

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

-
-
-
-
total
-
-
-
6 943
Employee

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

51 537
-
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.

6 943
-
6 943
-
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.

243
-
-
-
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.

4 428
-
-
-
total
11 614
-
6 943
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
15 500
-
-
surtax

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

-
127
-
-
income
-
2 326
-
-
trade
-
2 550
-
-
chamber of commerce
-
175
-
-
total
-
5 178
-
-
Dividends
-
10 322
-
-
surtax

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

-
121
-
-
withholding
-
2 195
-
-
total
-
2 316
-
-
Income
15 500
15 500
15 500
15 500
Total tax
11 614
7 494
6 943
6 943
After tax
3 886
8 006
8 557
8 557
Living cost
39 923
39 923
39 923
39 923
Free-cash
-36 037
-31 917
-31 366
-31 366

Estimated living cost  is ₽39923 per week

₽26701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8416
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽40443
-₽34886
-₽24474
-₽31557
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 634
income
-
-
-
-
health
-
-
-
985
social contributions
-
-
-
6 027
total
-
-
-
7 012
Employee
78 145
78 145
78 145
-
social contributions
3 797
6 486
2 187
-
health
777
1 329
447
-
income
8 206
7 234
8 786
-
total
12 780
15 049
11 420
-
Employer
78 145
78 145
78 145
-
social contributions
3 797
6 486
2 187
-
health
847
1 446
488
-
total
4 644
7 932
2 675
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
17 424
22 981
14 095
7 012
After tax
-1 924
-7 481
1 405
8 488
Living cost
32 962
32 962
32 962
32 962
Free-cash
-34 886
-40 443
-31 557
-24 474

Estimated living cost  is ₽32962 per week

₽22533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2575
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.
₽7301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9361
-₽16256
-₽7672
-₽9424
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

26 573
10 576
12 971
-
health
1 860
740
908
-
income
3 249
1 293
1 586
-
pensions
2 657
1 058
1 297
-
unemployment
399
159
195
-
total
8 165
3 250
3 986
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 573
10 576
12 971
-
pensions
5 182
2 062
2 529
-
total
5 182
2 062
2 529
-
Corporate
-
2 862
-
-
income
-
258
-
-
total
-
258
-
-
Dividends
-
2 604
-
-
social contributions
-
387
-
-
withholding
-
495
-
-
total
-
882
-
-
Income
15 500
15 500
15 500
15 500
Total tax
13 347
6 452
6 515
4 763
After tax
2 153
9 048
8 985
10 737
Living cost
18 409
18 409
18 409
18 409
Free-cash
-16 256
-9 361
-9 424
-7 672

Estimated living cost  is ₽18409 per week

₽12562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3972
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12145
-₽23074
-₽14160
-₽13377
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
income
-
-
-
-
pensions
-
-
-
3 099
health
-
-
-
2 015
total
-
-
-
5 114
Employee
28 830
-
11 585
-
income
3 246
-
-
-
pensions
577
-
231
-
unemployment
461
-
185
-
total
4 284
-
416
-
Employer
28 830
-
11 585
-
unemployment
231
-
93
-
pensions
5 766
-
2 316
-
health
3 747
-
1 506
-
total
9 744
-
3 915
-
Corporate
-
15 500
-
-
income
-
3 099
-
-
total
-
3 099
-
-
Dividends
-
12 401
-
-
total
-
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
14 028
3 099
4 331
5 114
After tax
1 472
12 401
11 169
10 386
Living cost
24 546
24 546
24 546
24 546
Free-cash
-23 074
-12 145
-13 377
-14 160

Estimated living cost  is ₽24546 per week

₽16836
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1462
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5755
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20940
-₽26531
-₽15227
-₽14011
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
accident
-
-
-
255
income
-
-
-
1 504
pensions
-
-
-
4 198
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
8 531
Employee
34 915
-
12 876
-
health
3 998
-
1 474
-
income
4 790
-
1 766
-
pensions
3 932
-
1 450
-
total
12 720
-
4 690
-
Employer
34 915
-
12 876
-
accident
583
-
215
-
unemployment
855
-
316
-
pensions
5 677
-
2 094
-
total
7 115
-
2 625
-
Corporate
-
15 500
-
-
income

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

-
13 950
-
-
total
-
13 950
-
-
Dividends
-
1 550
-
-
withholding
-
294
-
-
total
-
294
-
-
Income
15 500
15 500
15 500
15 500
Total tax
19 835
14 244
7 315
8 531
After tax
-4 335
1 256
8 185
6 969
Living cost
22 196
22 196
22 196
22 196
Free-cash
-26 531
-20 940
-14 011
-15 227

Estimated living cost  is ₽22196 per week

₽16268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1230
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4236
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5463
₽3727
₽6083
₽3138
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 577
-
15 500
-
income
2 315
-
3 100
-
total
2 315
-
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%.

3 923
15 500
-
-
total
-
-
-
-
Dividends
3 923
15 500
-
-
withholding
196
775
-
-
total
196
775
-
-
Income
15 500
15 500
15 500
15 500
Total tax
2 511
775
3 100
155
After tax
12 989
14 725
12 400
15 345
Living cost
9 262
9 262
9 262
9 262
Free-cash
3 727
5 463
3 138
6 083

Estimated living cost  is ₽9262 per week

₽5740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15690
-₽30699
-₽18688
-₽17995
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
income
-
-
-
1 969
pensions

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

-
-
-
3 720
other
-
-
-
737
health
-
-
-
683
total
-
-
-
7 109
Employee
36 899
-
12 380
-
health
517
-
174
-
income
6 353
-
2 131
-
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.

2 582
-
868
-
unemployment
368
-
123
-
total
9 820
-
3 296
-
Employer
36 899
-
12 380
-
accident
295
-
98
-
other
1 846
-
619
-
unemployment
368
-
123
-
pensions

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

6 274
-
2 106
-
health
517
-
174
-
total
9 300
-
3 120
-
Corporate
-
15 500
-
-
income
-
3 255
-
-
total
-
3 255
-
-
Dividends
-
12 245
-
-
withholding
-
856
-
-
total
-
856
-
-
Income
15 500
15 500
15 500
15 500
Total tax
19 120
4 111
6 416
7 109
After tax
-3 620
11 389
9 084
8 391
Living cost
27 079
27 079
27 079
27 079
Free-cash
-30 699
-15 690
-17 995
-18 688

Estimated living cost  is ₽27079 per week

₽19133
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1828
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽56795
-₽94554
-₽56276
-₽56356
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 034
pensions
-
-
-
333
total
-
-
-
3 367
Employee
96 788
-
15 063
-
health
1 595
-
-
-
income
17 447
-
3 012
-
pensions
9 337
-
-
-
total
28 379
-
3 012
-
Employer
96 788
-
15 063
-
pensions
11 428
-
149
-
health
1 838
-
286
-
total
13 266
-
435
-
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.

-
2 944
-
-
total
-
2 944
-
-
Dividends
-
12 556
-
-
withholding
-
942
-
-
total
-
942
-
-
Income
15 500
15 500
15 500
15 500
Total tax
41 645
3 886
3 447
3 367
After tax
-26 145
11 614
12 053
12 133
Living cost
68 409
68 409
68 409
68 409
Free-cash
-94 554
-56 795
-56 356
-56 276

Estimated living cost  is ₽68409 per week

₽51260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8038
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽69
-₽5601
-₽4285
-₽3537
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
income
-
-
-
2 325
pensions

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

-
-
-
2 294
unemployment
-
-
-
62
health
-
-
-
1 782
total
-
-
-
6 463
Employee
17 640
-
12 957
-
health
811
-
596
-
accident

We are using the highest rate at 1.1%.

194
-
143
-
income
1 764
-
1 295
-
pensions

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

1 549
-
1 138
-
total
4 318
-
3 172
-
Employer
17 640
-
12 957
-
accident

We are using the highest rate at 1.1%.

194
-
143
-
unemployment
105
-
78
-
pensions

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

1 944
-
1 428
-
health
1 218
-
894
-
total
3 461
-
2 543
-
Corporate
-
15 500
-
-
income
-
1 550
-
-
total
-
1 550
-
-
Dividends
-
13 950
-
-
withholding
-
697
-
-
total
-
697
-
-
Income
15 500
15 500
15 500
15 500
Total tax
7 779
2 247
5 715
6 463
After tax
7 721
13 253
9 785
9 037
Living cost
13 322
13 322
13 322
13 322
Free-cash
-5 601
-69
-3 537
-4 285

Estimated living cost  is ₽13322 per week

₽7778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽93491
-₽95215
-₽47418
-₽99195
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
income
-
-
-
1 394
pensions
-
-
-
2 791
health
-
-
-
2 380
total
-
-
-
6 565
Employee
94 220
86 784
86 784
-
health
11 754
11 330
13 320
-
income

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

14 205
14 205
14 205
-
pensions
11 907
11 907
15 621
-
total
37 866
37 442
43 146
-
Employer
94 220
86 784
86 784
-
unemployment
3 392
3 124
3 124
-
pensions
6 557
6 040
6 040
-
health
6 547
6 032
6 032
-
total
16 496
15 196
15 196
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
54 362
52 638
58 342
6 565
After tax
-38 862
-37 138
-42 842
8 935
Living cost
56 353
56 353
56 353
56 353
Free-cash
-95 215
-93 491
-99 195
-47 418

Estimated living cost  is ₽56353 per week

₽41570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽646
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13617
-₽32364
-₽16739
-₽16424
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
income
-
-
-
1 332
health
-
-
-
2 092
solidarity contribution
-
-
-
-
social contributions
-
-
-
4 526
total
-
-
-
7 950
Employee
35 720
-
11 567
-
social contributions
2 322
-
752
-
health
4 822
-
1 562
-
solidarity contribution
-
-
-
-
income
4 286
-
1 388
-
total
11 430
-
3 702
-
Employer
35 720
-
11 567
-
social contributions
8 930
-
2 892
-
health
3 215
-
1 041
-
total
12 145
-
3 933
-
Corporate
-
15 500
-
-
income
-
2 945
-
-
total
-
2 945
-
-
Dividends
-
12 555
-
-
withholding
-
1 883
-
-
total
-
1 883
-
-
Income
15 500
15 500
15 500
15 500
Total tax
23 575
4 828
7 635
7 950
After tax
-8 075
10 672
7 865
7 550
Living cost
24 289
24 289
24 289
24 289
Free-cash
-32 364
-13 617
-16 424
-16 739

Estimated living cost  is ₽24289 per week

₽16872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1728
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽34612
-₽74818
-₽37167
-₽39001
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
62
regional
-
-
-
94
national
-
-
-
1 753
social contributions
-
-
-
7 876
total
-
-
-
9 785
Employee
90 319
-
15 500
-
social contributions
30 456
-
10 325
-
regional
852
-
64
-
municipal
478
-
40
-
national
15 650
-
1 190
-
total
47 436
-
11 619
-
Employer
90 319
-
15 500
-
total
-
-
-
-
Corporate
-
15 500
-
-
nationa
-
3 720
-
-
municipal
-
604
-
-
total
-
4 324
-
-
Dividends
-
11 176
-
-
withholding
-
2 906
-
-
total
-
2 906
-
-
Income
15 500
15 500
15 500
15 500
Total tax
47 436
7 230
11 619
9 785
After tax
-31 936
8 270
3 881
5 715
Living cost
42 882
42 882
42 882
42 882
Free-cash
-74 818
-34 612
-39 001
-37 167

Estimated living cost  is ₽42882 per week

₽29892
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2812
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽658
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9519
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12676
-₽25180
-₽13568
-₽14062
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
income
-
-
-
2 214
pensions
-
-
-
3 099
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
1 099
surtax
-
-
-
-
total
-
-
-
6 643
Employee
33 607
-
12 646
-
other
-
-
-
-
health
858
-
345
-
surtax
110
-
-
-
income
5 633
-
2 091
-
pensions
2 241
-
904
-
unemployment
2 339
-
943
-
total
11 181
-
4 283
-
Employer
33 607
-
12 646
-
other
-
-
-
-
unemployment
1 065
-
430
-
pensions
4 480
-
1 807
-
health
1 529
-
617
-
total
7 074
-
2 854
-
Corporate
-
15 500
-
-
income
-
4 031
-
-
total
-
4 031
-
-
Dividends
-
11 469
-
-
withholding
-
1 720
-
-
total
-
1 720
-
-
Income
15 500
15 500
15 500
15 500
Total tax
18 255
5 751
7 137
6 643
After tax
-2 755
9 749
8 363
8 857
Living cost
22 425
22 425
22 425
22 425
Free-cash
-25 180
-12 676
-14 062
-13 568

Estimated living cost  is ₽22425 per week

₽13712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2069
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6127
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽35121
-₽57619
-₽34602
-₽34682
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 034
pensions
-
-
-
333
total
-
-
-
3 367
Employee
64 865
-
15 063
-
health
942
-
-
-
income
11 682
-
3 012
-
pensions
5 506
-
-
-
total
18 130
-
3 012
-
Employer
64 865
-
15 063
-
pensions
7 022
-
149
-
health
1 232
-
286
-
total
8 254
-
435
-
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.

-
2 944
-
-
total
-
2 944
-
-
Dividends
-
12 556
-
-
withholding
-
942
-
-
total
-
942
-
-
Income
15 500
15 500
15 500
15 500
Total tax
26 384
3 886
3 447
3 367
After tax
-10 884
11 614
12 053
12 133
Living cost
46 735
46 735
46 735
46 735
Free-cash
-57 619
-35 121
-34 682
-34 602

Estimated living cost  is ₽46735 per week

₽35014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽70525
-₽83980
-₽64269
-₽67238
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
161
pensions
-
-
-
1 427
other

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

-
-
-
311
regional
-
-
-
4
health
-
-
-
253
national
-
-
-
-
total
-
-
-
2 156
Employee
90 828
-
12 731
-
city
975
-
122
-
regional
2 974
-
-
-
health
205
-
28
-
pensions
7 631
-
2 346
-
unemployment
-
-
-
-
national
430
-
-
-
total
12 215
-
2 496
-
Employer
90 828
-
12 731
-
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.

1 816
-
255
-
unemployment
-
-
-
-
pensions
7 631
-
2 346
-
health
205
-
28
-
total
9 652
-
2 629
-
Corporate
-
15 500
-
-
regional
-
3 279
-
-
national
-
1 318
-
-
total
-
4 597
-
-
Dividends
-
10 903
-
-
withholding
-
3 815
-
-
total
-
3 815
-
-
Income
15 500
15 500
15 500
15 500
Total tax
21 867
8 412
5 125
2 156
After tax
-6 367
7 088
10 375
13 344
Living cost
77 613
77 613
77 613
77 613
Free-cash
-83 980
-70 525
-67 238
-64 269

Estimated living cost  is ₽77613 per week

₽50471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽953
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19224
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽38629
-₽45575
-₽37998
-₽37998
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
15 500
trade
-
-
-
-
income

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

-
-
-
-
health

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

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

-
-
-
6 943
surtax

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

-
-
-
-
total
-
-
-
6 943
Employee

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

61 075
-
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.

6 943
-
6 943
-
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.

395
-
-
-
income

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

7 182
-
-
-
total
14 520
-
6 943
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
15 500
-
-
surtax

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

-
127
-
-
income
-
2 326
-
-
trade
-
2 658
-
-
chamber of commerce
-
175
-
-
total
-
5 286
-
-
Dividends
-
10 214
-
-
surtax

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

-
120
-
-
withholding
-
2 168
-
-
total
-
2 288
-
-
Income
15 500
15 500
15 500
15 500
Total tax
14 520
7 574
6 943
6 943
After tax
980
7 926
8 557
8 557
Living cost
46 555
46 555
46 555
46 555
Free-cash
-45 575
-38 629
-37 998
-37 998

Estimated living cost  is ₽46555 per week

₽34002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3724
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽606
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26957
-₽41577
-₽26095
-₽24631
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
income
-
-
-
-
pensions
-
-
-
5 633
other
-
-
-
480
health
-
-
-
270
surtax
-
-
-
-
social contributions
-
-
-
442
total
-
-
-
6 825
Employee
43 494
-
11 813
-
social contributions
1 240
-
336
-
surtax
-
-
-
-
income
2 567
-
-
-
pensions
4 918
-
1 338
-
total
8 725
-
1 674
-
Employer
43 494
-
11 813
-
other
1 500
-
407
-
social contributions
131
-
35
-
unemployment
1 761
-
478
-
pensions
7 145
-
1 940
-
health
3 045
-
827
-
total
13 582
-
3 687
-
Corporate
-
15 500
-
-
surtax
-
-
-
-
income
-
4 339
-
-
total
-
4 339
-
-
Dividends
-
11 161
-
-
surtax
-
-
-
-
social contributions
-
1 919
-
-
withholding
-
1 429
-
-
total
-
3 348
-
-
Income
15 500
15 500
15 500
15 500
Total tax
22 307
7 687
5 361
6 825
After tax
-6 807
7 813
10 139
8 675
Living cost
34 770
34 770
34 770
34 770
Free-cash
-41 577
-26 957
-24 631
-26 095

Estimated living cost  is ₽34770 per week

₽21924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2827
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9429
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23512
-₽35450
-₽22650
-₽21186
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
income
-
-
-
-
pensions
-
-
-
5 633
other
-
-
-
480
health
-
-
-
270
surtax
-
-
-
-
social contributions
-
-
-
442
total
-
-
-
6 825
Employee
38 825
-
11 813
-
social contributions
1 107
-
336
-
surtax
-
-
-
-
income
2 002
-
-
-
pensions
4 391
-
1 338
-
total
7 500
-
1 674
-
Employer
38 825
-
11 813
-
other
1 340
-
407
-
social contributions
116
-
35
-
unemployment
1 572
-
478
-
pensions
6 380
-
1 940
-
health
2 717
-
827
-
total
12 125
-
3 687
-
Corporate
-
15 500
-
-
surtax
-
-
-
-
income
-
4 339
-
-
total
-
4 339
-
-
Dividends
-
11 161
-
-
surtax
-
-
-
-
social contributions
-
1 919
-
-
withholding
-
1 429
-
-
total
-
3 348
-
-
Income
15 500
15 500
15 500
15 500
Total tax
19 625
7 687
5 361
6 825
After tax
-4 125
7 813
10 139
8 675
Living cost
31 325
31 325
31 325
31 325
Free-cash
-35 450
-23 512
-21 186
-22 650

Estimated living cost  is ₽31325 per week

₽18167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3182
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9382
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12093
-₽21626
-₽11596
-₽12369
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
income
-
-
-
2 326
health
-
-
-
1 082
social contributions
-
-
-
2 139
total
-
-
-
5 547
Employee
34 457
-
15 500
-
social contributions
4 756
-
2 139
-
health
2 405
-
1 082
-
income
5 747
-
3 099
-
total
12 908
-
6 320
-
Employer
34 457
-
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
-
-
health
897
1 028
-
-
social contributions
1 772
2 033
-
-
withholding
-
2 208
-
-
total
2 669
5 269
-
-
Income
15 500
15 500
15 500
15 500
Total tax
15 577
6 044
6 320
5 547
After tax
-77
9 456
9 180
9 953
Living cost
21 549
21 549
21 549
21 549
Free-cash
-21 626
-12 093
-12 369
-11 596

Estimated living cost  is ₽21549 per week

₽14422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽43451
-₽51069
-₽30859
-₽33821
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
chamber of commerce
-
-
-
62
income
-
-
-
-
pensions
-
-
-
2 868
unemployment
-
-
-
6 233
health
-
-
-
1 186
surtax
-
-
-
201
total
-
-
-
10 550
Employee
50 788
40 499
40 499
-
other
507
405
102
-
health
1 965
1 568
393
-
income
5 782
2 987
4 756
-
pensions
5 201
4 146
1 041
-
unemployment
1 524
1 215
305
-
total
14 979
10 321
6 597
-
Employer
50 788
40 499
40 499
-
accident
660
526
131
-
other
2 413
1 923
1 666
-
chamber of commerce
202
162
162
-
unemployment
1 524
1 215
305
-
surtax
201
201
201
-
pensions
6 374
5 084
1 275
-
payroll
1 524
1 215
1 215
-
health
1 919
1 531
384
-
total
14 817
11 857
5 339
-
Corporate
3 857
3 857
6 305
-
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.

964
964
1 576
-
total
964
964
1 576
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
30 760
23 142
13 512
10 550
After tax
-15 260
-7 642
1 988
4 950
Living cost
35 809
35 809
35 809
35 809
Free-cash
-51 069
-43 451
-33 821
-30 859

Estimated living cost  is ₽35809 per week

₽23883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28046
-₽78355
-₽30056
-₽29855
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
national
-
-
-
2 536
communal

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

-
-
-
609
social contributions
-
-
-
5 357
total
-
-
-
8 502
Employee

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

72 694
-
12 004
-
communal

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

3 792
-
627
-
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.

3 415
-
565
-
pensions

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

5 452
-
901
-
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.

633
-
104
-
national
22 349
-
2 609
-
total
35 641
-
4 806
-
Employer

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

72 694
-
12 004
-
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.

945
-
156
-
unemployment

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

1 061
-
175
-
surtax
8 243
-
1 362
-
pensions

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

6 441
-
1 063
-
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.

4 470
-
739
-
total
21 160
-
3 495
-
Corporate
-
15 500
-
-
surtax
-
62
-
-
income
-
3 099
-
-
total
-
3 161
-
-
Dividends
-
12 339
-
-
withholding

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

-
3 331
-
-
total
-
3 331
-
-
Income
15 500
15 500
15 500
15 500
Total tax
56 801
6 492
8 301
8 502
After tax
-41 301
9 008
7 199
6 998
Living cost
37 054
37 054
37 054
37 054
Free-cash
-78 355
-28 046
-29 855
-30 056

Estimated living cost  is ₽37054 per week

₽23868
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26063
-₽51213
-₽29455
-₽34656
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
accident
-
-
-
197
income
-
-
-
1 699
pensions
-
-
-
6 185
other
-
-
-
21
unemployment
-
-
-
152
total
-
-
-
8 254
Employee
50 587
-
4 681
-
other
50
-
35
-
income
10 674
-
480
-
pensions
2 378
-
1 595
-
unemployment
785
-
526
-
total
13 887
-
2 636
-
Employer
50 587
-
4 681
-
accident
1 001
-
671
-
other
403
-
272
-
unemployment
2 783
-
1 867
-
pensions
11 938
-
8 009
-
total
16 125
-
10 819
-
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
-
2 536
-
-
total
-
2 536
-
-
Income
15 500
15 500
15 500
15 500
Total tax
30 012
4 862
13 455
8 254
After tax
-14 512
10 638
2 045
7 246
Living cost
36 701
36 701
36 701
36 701
Free-cash
-51 213
-26 063
-34 656
-29 455

Estimated living cost  is ₽36701 per week

₽27027
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6542
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽44623
-₽70655
-₽51785
-₽51787
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
accident
-
-
-
436
income
-
-
-
-
pensions
-
-
-
7 737
health
-
-
-
3 626
surtax
-
-
-
258
communal
-
-
-
-
total
-
-
-
12 057
Employee
76 960
-
9 720
-
health
3 425
-
2 152
-
surtax
4 717
-
258
-
income
7 434
-
-
-
pensions
6 156
-
3 869
-
total
21 732
-
6 279
-
Employer
76 960
-
9 720
-
accident
692
-
436
-
pensions
6 156
-
3 869
-
health
2 347
-
1 475
-
total
9 195
-
5 780
-
Corporate
-
15 500
-
-
surtax
-
162
-
-
communal
-
-
-
-
income
-
2 326
-
-
total
-
2 488
-
-
Dividends
-
13 012
-
-
income
-
455
-
-
withholding
-
1 952
-
-
total
-
2 407
-
-
Income
15 500
15 500
15 500
15 500
Total tax
30 927
4 895
12 059
12 057
After tax
-15 427
10 605
3 441
3 443
Living cost
55 228
55 228
55 228
55 228
Free-cash
-70 655
-44 623
-51 787
-51 785

Estimated living cost  is ₽55228 per week

₽41429
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3346
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.
₽9866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13077
-₽25928
-₽13969
-₽14463
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
income
-
-
-
2 214
pensions
-
-
-
3 099
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
1 099
surtax
-
-
-
-
total
-
-
-
6 643
Employee
34 224
-
12 646
-
other
-
-
-
-
health
874
-
345
-
surtax
121
-
-
-
income
5 737
-
2 091
-
pensions
2 283
-
904
-
unemployment
2 382
-
943
-
total
11 397
-
4 283
-
Employer
34 224
-
12 646
-
other
-
-
-
-
unemployment
1 086
-
430
-
pensions
4 563
-
1 807
-
health
1 556
-
617
-
total
7 205
-
2 854
-
Corporate
-
15 500
-
-
income
-
4 031
-
-
total
-
4 031
-
-
Dividends
-
11 469
-
-
withholding
-
1 720
-
-
total
-
1 720
-
-
Income
15 500
15 500
15 500
15 500
Total tax
18 602
5 751
7 137
6 643
After tax
-3 102
9 749
8 363
8 857
Living cost
22 826
22 826
22 826
22 826
Free-cash
-25 928
-13 077
-14 463
-13 969

Estimated living cost  is ₽22826 per week

₽13781
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1984
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.
₽6532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19227
-₽40875
-₽21721
-₽23535
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
62
regional
-
-
-
154
national
-
-
-
1 753
social contributions
-
-
-
7 876
total
-
-
-
9 845
Employee
56 373
-
15 500
-
social contributions
19 010
-
10 325
-
regional
759
-
104
-
municipal
299
-
40
-
national
8 931
-
1 190
-
total
28 999
-
11 659
-
Employer
56 373
-
15 500
-
total
-
-
-
-
Corporate
-
15 500
-
-
nationa
-
3 720
-
-
municipal
-
769
-
-
total
-
4 489
-
-
Dividends
-
11 010
-
-
withholding
-
2 862
-
-
total
-
2 862
-
-
Income
15 500
15 500
15 500
15 500
Total tax
28 999
7 351
11 659
9 845
After tax
-13 499
8 149
3 841
5 655
Living cost
27 376
27 376
27 376
27 376
Free-cash
-40 875
-19 227
-23 535
-21 721

Estimated living cost  is ₽27376 per week

₽17025
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19259
-₽43481
-₽22381
-₽22066
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
income
-
-
-
1 332
health
-
-
-
2 092
solidarity contribution
-
-
-
-
social contributions
-
-
-
4 526
total
-
-
-
7 950
Employee
44 016
-
11 567
-
social contributions
2 861
-
752
-
health
5 942
-
1 562
-
solidarity contribution
-
-
-
-
income
5 282
-
1 388
-
total
14 085
-
3 702
-
Employer
44 016
-
11 567
-
social contributions
11 004
-
2 892
-
health
3 961
-
1 041
-
total
14 965
-
3 933
-
Corporate
-
15 500
-
-
income
-
2 945
-
-
total
-
2 945
-
-
Dividends
-
12 555
-
-
withholding
-
1 883
-
-
total
-
1 883
-
-
Income
15 500
15 500
15 500
15 500
Total tax
29 050
4 828
7 635
7 950
After tax
-13 550
10 672
7 865
7 550
Living cost
29 931
29 931
29 931
29 931
Free-cash
-43 481
-19 259
-22 066
-22 381

Estimated living cost  is ₽29931 per week

₽22259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1658
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽39863
-₽42672
-₽27271
-₽30328
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
chamber of commerce
-
-
-
62
income
-
-
-
-
pensions
-
-
-
2 868
unemployment
-
-
-
6 233
health
-
-
-
1 186
surtax
-
-
-
-
total
-
-
-
10 349
Employee
44 424
40 499
40 499
-
other
444
405
104
-
health
1 718
1 568
399
-
income
3 957
2 987
4 744
-
pensions
4 549
4 146
1 057
-
unemployment
1 333
1 215
310
-
total
12 001
10 321
6 614
-
Employer
44 424
40 499
40 499
-
accident
577
526
135
-
other
2 110
1 923
1 668
-
chamber of commerce
177
162
162
-
unemployment
1 333
1 215
310
-
surtax
-
-
-
-
pensions
5 575
5 084
1 296
-
payroll
1 333
1 215
1 215
-
health
1 680
1 531
390
-
total
12 785
11 656
5 176
-
Corporate
3 857
3 857
6 467
-
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.

964
964
1 616
-
total
964
964
1 616
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
25 750
22 941
13 406
10 349
After tax
-10 250
-7 441
2 094
5 151
Living cost
32 422
32 422
32 422
32 422
Free-cash
-42 672
-39 863
-30 328
-27 271

Estimated living cost  is ₽32422 per week

₽19449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽292
-₽2542
₽912
-₽2033
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
18 042
-
15 500
-
income
3 609
-
3 100
-
total
3 609
-
3 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

-
15 500
-
-
total
-
-
-
-
Dividends
-
15 500
-
-
withholding
-
775
-
-
total
-
775
-
-
Income
15 500
15 500
15 500
15 500
Total tax
3 609
775
3 100
155
After tax
11 891
14 725
12 400
15 345
Living cost
14 433
14 433
14 433
14 433
Free-cash
-2 542
292
-2 033
912

Estimated living cost  is ₽14433 per week

₽9767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
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.
₽3576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16587
-₽36437
-₽17917
-₽18481
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
15 500
income
-
-
-
1 780
pensions
-
-
-
2 831
unemployment
-
-
-
23
health
-
-
-
1 525
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.

44 939
-
13 411
-
health
2 902
-
866
-
income
7 750
-
1 672
-
pensions
6 966
-
2 079
-
unemployment
64
-
19
-
total
17 682
-
4 636
-
Employer

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

44 939
-
13 411
-
unemployment
27
-
8
-
pensions
3 977
-
1 186
-
health
2 993
-
893
-
total
6 997
-
2 087
-
Corporate
-
15 500
-
-
income
-
2 945
-
-
total
-
2 945
-
-
Dividends
-
12 555
-
-
withholding
-
1 884
-
-
total
-
1 884
-
-
Income
15 500
15 500
15 500
15 500
Total tax
24 679
4 829
6 723
6 159
After tax
-9 179
10 671
8 777
9 341
Living cost
27 258
27 258
27 258
27 258
Free-cash
-36 437
-16 587
-18 481
-17 917

Estimated living cost  is ₽27258 per week

₽18707
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽34473
-₽136212
-₽33191
-₽42254
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
income
-
-
-
3 021
social contributions
-
-
-
1 767
total
-
-
-
4 788
Employee
62 951
-
2 850
-
social contributions
5 162
-
736
-
income
13 886
-
465
-
total
19 048
-
1 201
-
Employer
62 951
-
2 850
-
social contributions
88 761
-
12 650
-
total
88 761
-
12 650
-
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
107 809
6 070
13 851
4 788
After tax
-92 309
9 430
1 649
10 712
Living cost
43 903
43 903
43 903
43 903
Free-cash
-136 212
-34 473
-42 254
-33 191

Estimated living cost  is ₽43903 per week

₽28486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4129
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23061
-₽42341
-₽22667
-₽22344
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
15 500
income
-
-
-
904
surtax
-
-
-
-
social contributions

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

-
-
-
5 386
total
-
-
-
6 290
Employee
46 740
-
12 524
-
social contributions
5 141
-
1 377
-
surtax
-
-
-
-
income
9 722
-
1 616
-
total
14 863
-
2 993
-
Employer
46 740
-
12 524
-
social contributions
11 101
-
2 974
-
total
11 101
-
2 974
-
Corporate
-
15 500
-
-
surtax
-
-
-
-
income
-
3 255
-
-
total
-
3 255
-
-
Dividends
-
12 245
-
-
withholding
-
3 429
-
-
total
-
3 429
-
-
Income
15 500
15 500
15 500
15 500
Total tax
25 964
6 684
5 967
6 290
After tax
-10 464
8 816
9 533
9 210
Living cost
31 877
31 877
31 877
31 877
Free-cash
-42 341
-23 061
-22 344
-22 667

Estimated living cost  is ₽31877 per week

₽23850
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5614
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽41271
-₽68029
-₽40409
-₽38945
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
income
-
-
-
-
pensions
-
-
-
5 633
other
-
-
-
480
health
-
-
-
270
surtax
-
-
-
-
social contributions
-
-
-
442
total
-
-
-
6 825
Employee
63 650
-
11 813
-
social contributions
1 813
-
336
-
surtax
-
-
-
-
income
5 554
-
-
-
pensions
7 199
-
1 338
-
total
14 566
-
1 674
-
Employer
63 650
-
11 813
-
other
2 197
-
407
-
social contributions
191
-
35
-
unemployment
2 578
-
478
-
pensions
10 458
-
1 940
-
health
4 455
-
827
-
total
19 879
-
3 687
-
Corporate
-
15 500
-
-
surtax
-
-
-
-
income
-
4 339
-
-
total
-
4 339
-
-
Dividends
-
11 161
-
-
surtax
-
-
-
-
social contributions
-
1 919
-
-
withholding
-
1 429
-
-
total
-
3 348
-
-
Income
15 500
15 500
15 500
15 500
Total tax
34 445
7 687
5 361
6 825
After tax
-18 945
7 813
10 139
8 675
Living cost
49 084
49 084
49 084
49 084
Free-cash
-68 029
-41 271
-38 945
-40 409

Estimated living cost  is ₽49084 per week

₽33219
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4015
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽673
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16599
-₽22235
-₽18458
-₽18001
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
income
-
-
-
-
social contributions
-
-
-
3 410
total
-
-
-
3 410
Employee
32 672
-
13 419
-
income
-
-
-
-
social contributions
2 123
-
874
-
total
2 123
-
874
-
Employer
32 672
-
13 419
-
social contributions
5 064
-
2 079
-
total
5 064
-
2 079
-
Corporate
-
15 500
-
-
income
-
1 551
-
-
total
-
1 551
-
-
Dividends
-
13 949
-
-
total
-
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
7 187
1 551
2 953
3 410
After tax
8 313
13 949
12 547
12 090
Living cost
30 548
30 548
30 548
30 548
Free-cash
-22 235
-16 599
-18 001
-18 458

Estimated living cost  is ₽30548 per week

₽19752
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2303
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽205902
-₽205902
-₽36119
-₽205902
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
298
pensions
-
-
-
881
national
-
-
-
331
labour market
-
-
-
1 170
total
-
-
-
2 680
Employee
206 561
206 561
206 561
-
labour market
16 501
16 501
16 501
-
national
25 235
25 235
25 235
-
municipal
43 986
43 986
43 986
-
pensions
294
294
294
-
total
86 016
86 016
86 016
-
Employer
206 561
206 561
206 561
-
labour market
16 525
16 525
16 525
-
municipal
44 056
44 056
44 056
-
pensions
587
587
587
-
national
25 279
25 279
25 279
-
total
86 447
86 447
86 447
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
172 463
172 463
172 463
2 680
After tax
-156 963
-156 963
-156 963
12 820
Living cost
48 939
48 939
48 939
48 939
Free-cash
-205 902
-205 902
-205 902
-36 119

Estimated living cost  is ₽48939 per week

₽33495
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽753
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20612
-₽25910
-₽14899
-₽13683
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
accident
-
-
-
255
income
-
-
-
1 504
pensions
-
-
-
4 198
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
8 531
Employee
34 400
-
12 876
-
health
3 939
-
1 474
-
income
4 719
-
1 766
-
pensions
3 874
-
1 450
-
total
12 532
-
4 690
-
Employer
34 400
-
12 876
-
accident
574
-
215
-
unemployment
843
-
316
-
pensions
5 593
-
2 094
-
total
7 010
-
2 625
-
Corporate
-
15 500
-
-
income

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

-
13 950
-
-
total
-
13 950
-
-
Dividends
-
1 550
-
-
withholding
-
294
-
-
total
-
294
-
-
Income
15 500
15 500
15 500
15 500
Total tax
19 542
14 244
7 315
8 531
After tax
-4 042
1 256
8 185
6 969
Living cost
21 868
21 868
21 868
21 868
Free-cash
-25 910
-20 612
-13 683
-14 899

Estimated living cost  is ₽21868 per week

₽15918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1247
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28290
-₽48055
-₽26308
-₽29205
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
15 500
municipal
-
-
-
2 791
health
-
-
-
-
national
-
-
-
-
total
-
-
-
2 791
Employee
53 468
-
13 039
-
health
399
-
-
-
municipal
8 758
-
2 154
-
pensions
3 608
-
879
-
unemployment
802
-
195
-
national
883
-
-
-
total
14 450
-
3 228
-
Employer
53 468
-
13 039
-
accident
54
-
13
-
unemployment
347
-
85
-
pensions
9 276
-
2 262
-
health
411
-
100
-
total
10 088
-
2 460
-
Corporate
-
15 500
-
-
income
-
3 099
-
-
total
-
3 099
-
-
Dividends

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

-
9 301
-
-
national
-
-
-
-
municipal
-
1 674
-
-
total
-
1 674
-
-
Income
15 500
15 500
15 500
15 500
Total tax
24 538
4 773
5 688
2 791
After tax
-9 038
10 727
9 812
12 709
Living cost
39 017
39 017
39 017
39 017
Free-cash
-48 055
-28 290
-29 205
-26 308

Estimated living cost  is ₽39017 per week

₽25486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9159
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31010
-₽23712
-₽15041
-₽22124
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 634
income
-
-
-
-
health
-
-
-
985
social contributions
-
-
-
6 027
total
-
-
-
7 012
Employee
78 145
78 145
78 145
-
social contributions
2 955
6 486
2 187
-
health
606
1 329
447
-
income
8 509
7 234
8 786
-
total
12 070
15 049
11 420
-
Employer
78 145
78 145
78 145
-
social contributions
2 955
6 486
2 187
-
health
658
1 446
488
-
total
3 613
7 932
2 675
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
15 500
15 500
15 500
15 500
Total tax
15 683
22 981
14 095
7 012
After tax
-183
-7 481
1 405
8 488
Living cost
23 529
23 529
23 529
23 529
Free-cash
-23 712
-31 010
-22 124
-15 041

Estimated living cost  is ₽23529 per week

₽14102
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6599
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3298
-₽10228
-₽11286
-₽7558
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
15 500
income
-
-
-
480
pensions
-
-
-
6 464
unemployment
-
-
-
29
health
-
-
-
3 678
total
-
-
-
10 651
Employee

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

23 327
-
13 676
-
health
1 983
-
1 504
-
income
1 595
-
849
-
pensions
3 498
-
2 656
-
unemployment
116
-
89
-
total
7 192
-
5 098
-
Employer

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

23 327
-
13 676
-
unemployment
116
-
89
-
pensions
1 282
-
974
-
health
1 003
-
762
-
total
2 401
-
1 825
-
Corporate
-
15 500
-
-
income
-
1 394
-
-
total
-
1 394
-
-
Dividends
-
14 106
-
-
withholding
-
1 269
-
-
total
-
1 269
-
-
Income
15 500
15 500
15 500
15 500
Total tax
9 593
2 663
6 923
10 651
After tax
5 907
12 837
8 577
4 849
Living cost
16 135
16 135
16 135
16 135
Free-cash
-10 228
-3 298
-7 558
-11 286

Estimated living cost  is ₽16135 per week

₽10295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17308
-₽34056
-₽20700
-₽25901
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
accident
-
-
-
197
income
-
-
-
1 699
pensions
-
-
-
6 185
other
-
-
-
21
unemployment
-
-
-
152
total
-
-
-
8 254
Employee
37 577
-
4 681
-
other
37
-
35
-
income
7 245
-
480
-
pensions
1 767
-
1 595
-
unemployment
582
-
526
-
total
9 631
-
2 636
-
Employer
37 577
-
4 681
-
accident
744
-
671
-
other
301
-
272
-
unemployment
2 067
-
1 867
-
pensions
8 867
-
8 009
-
total
11 979
-
10 819
-
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
-
2 536
-
-
total
-
2 536
-
-
Income
15 500
15 500
15 500
15 500
Total tax
21 610
4 862
13 455
8 254
After tax
-6 110
10 638
2 045
7 246
Living cost
27 946
27 946
27 946
27 946
Free-cash
-34 056
-17 308
-25 901
-20 700

Estimated living cost  is ₽27946 per week

₽18863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2686
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.
₽5907
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6891
₽6435
₽5660
₽5463
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 559
pensions
-
-
-
2 029
health
-
-
-
1 471
total
-
-
-
7 059
Employee
4 236
-
13 218
-
health
212
-
507
-
income
820
-
3 452
-
pensions
381
-
913
-
unemployment
42
-
101
-
total
1 455
-
4 973
-
Employer
4 236
-
13 218
-
unemployment
85
-
203
-
pensions
466
-
1 116
-
health
402
-
964
-
total
953
-
2 283
-
Corporate
10 310
15 500
-
-
income
2 268
3 410
-
-
total
2 268
3 410
-
-
Dividends
8 042
12 090
-
-
withholding
1 608
2 418
-
-
total
1 608
2 418
-
-
Income
15 500
15 500
15 500
15 500
Total tax
6 284
5 828
7 256
7 059
After tax
9 216
9 672
8 244
8 441
Living cost
2 781
2 781
2 781
2 781
Free-cash
6 435
6 891
5 463
5 660

Estimated living cost  is ₽2781 per week

₽1653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6359
-₽15718
-₽8675
-₽8009
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
15 500
income
-
-
-
758
pensions
-
-
-
4 030
unemployment
-
-
-
232
health
-
-
-
1 597
total
-
-
-
6 617
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.

26 477
-
13 147
-
health
1 364
-
677
-
income
3 650
-
980
-
pensions
3 707
-
1 841
-
unemployment
199
-
99
-
total
8 920
-
3 597
-
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.

26 477
-
13 147
-
unemployment
199
-
99
-
pensions
3 177
-
1 578
-
health
1 364
-
677
-
total
4 740
-
2 354
-
Corporate
-
15 500
-
-
income
-
2 325
-
-
total
-
2 325
-
-
Dividends
-
13 175
-
-
withholding
-
1 976
-
-
total
-
1 976
-
-
Income
15 500
15 500
15 500
15 500
Total tax
13 660
4 301
5 951
6 617
After tax
1 840
11 199
9 549
8 883
Living cost
17 558
17 558
17 558
17 558
Free-cash
-15 718
-6 359
-8 009
-8 675

Estimated living cost  is ₽17558 per week

₽11822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18582
-₽33311
-₽18188
-₽17865
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
15 500
income
-
-
-
904
surtax
-
-
-
-
social contributions

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

-
-
-
5 386
total
-
-
-
6 290
Employee
39 443
-
12 524
-
social contributions
4 339
-
1 377
-
surtax
-
-
-
-
income
7 707
-
1 616
-
total
12 046
-
2 993
-
Employer
39 443
-
12 524
-
social contributions
9 367
-
2 974
-
total
9 367
-
2 974
-
Corporate
-
15 500
-
-
surtax
-
-
-
-
income
-
3 255
-
-
total
-
3 255
-
-
Dividends
-
12 245
-
-
withholding
-
3 429
-
-
total
-
3 429
-
-
Income
15 500
15 500
15 500
15 500
Total tax
21 413
6 684
5 967
6 290
After tax
-5 913
8 816
9 533
9 210
Living cost
27 398
27 398
27 398
27 398
Free-cash
-33 311
-18 582
-17 865
-18 188

Estimated living cost  is ₽27398 per week

₽19405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1903
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.
₽5604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽25078
-₽49230
-₽28470
-₽33671
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
accident
-
-
-
197
income
-
-
-
1 699
pensions
-
-
-
6 185
other
-
-
-
21
unemployment
-
-
-
152
total
-
-
-
8 254
Employee
49 081
-
4 681
-
other
48
-
35
-
income
10 251
-
480
-
pensions
2 307
-
1 595
-
unemployment
760
-
526
-
total
13 366
-
2 636
-
Employer
49 081
-
4 681
-
accident
972
-
671
-
other
393
-
272
-
unemployment
2 700
-
1 867
-
pensions
11 583
-
8 009
-
total
15 648
-
10 819
-
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
-
2 536
-
-
total
-
2 536
-
-
Income
15 500
15 500
15 500
15 500
Total tax
29 014
4 862
13 455
8 254
After tax
-13 514
10 638
2 045
7 246
Living cost
35 716
35 716
35 716
35 716
Free-cash
-49 230
-25 078
-33 671
-28 470

Estimated living cost  is ₽35716 per week

₽25650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2777
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6787
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4226
-₽12186
-₽8442
-₽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
income
-
-
-
2 325
pensions

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

-
-
-
2 294
unemployment
-
-
-
62
health
-
-
-
1 782
total
-
-
-
6 463
Employee
23 145
-
12 957
-
health
1 065
-
596
-
accident

We are using the highest rate at 1.1%.

254
-
143
-
income
2 315
-
1 295
-
pensions

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

2 032
-
1 138
-
total
5 666
-
3 172
-
Employer
23 145
-
12 957
-
accident

We are using the highest rate at 1.1%.

254
-
143
-
unemployment
139
-
78
-
pensions

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

2 551
-
1 428
-
health
1 597
-
894
-
total
4 541
-
2 543
-
Corporate
-
15 500
-
-
income
-
1 550
-
-
total
-
1 550
-
-
Dividends
-
13 950
-
-
withholding
-
697
-
-
total
-
697
-
-
Income
15 500
15 500
15 500
15 500
Total tax
10 207
2 247
5 715
6 463
After tax
5 293
13 253
9 785
9 037
Living cost
17 479
17 479
17 479
17 479
Free-cash
-12 186
-4 226
-7 694
-8 442

Estimated living cost  is ₽17479 per week

₽11561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1001
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30990
-₽35065
-₽30678
-₽30678
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
15 500
trade
-
-
-
-
income

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

-
-
-
-
health

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

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

-
-
-
6 943
surtax

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

-
-
-
-
total
-
-
-
6 943
Employee

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

50 565
-
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.

6 943
-
6 943
-
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.

229
-
-
-
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.

4 158
-
-
-
total
11 330
-
6 943
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
15 500
-
-
surtax

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

-
127
-
-
income
-
2 326
-
-
trade
-
2 224
-
-
chamber of commerce
-
177
-
-
total
-
4 854
-
-
Dividends
-
10 646
-
-
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.

-
125
-
-
withholding
-
2 276
-
-
total
-
2 401
-
-
Income
15 500
15 500
15 500
15 500
Total tax
11 330
7 255
6 943
6 943
After tax
4 170
8 245
8 557
8 557
Living cost
39 235
39 235
39 235
39 235
Free-cash
-35 065
-30 990
-30 678
-30 678

Estimated living cost  is ₽39235 per week

₽27065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7379
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽47041
-₽63995
-₽42541
-₽42541
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-83
social contributions
-
-
-
233
total
-
-
-
150
Employee
79 494
-
15 500
-
income
15 000
-
-83
-
social contributions
6 604
-
233
-
total
21 604
-
150
-
Employer
79 494
-
15 500
-
total
-
-
-
-
Corporate
-
15 500
-
-
income
-
1 938
-
-
total
-
1 938
-
-
Dividends
-
13 562
-
-
withholding
-
2 712
-
-
total
-
2 712
-
-
Income
15 500
15 500
15 500
15 500
Total tax
21 604
4 650
150
150
After tax
-6 104
10 850
15 350
15 350
Living cost
57 891
57 891
57 891
57 891
Free-cash
-63 995
-47 041
-42 541
-42 541

Estimated living cost  is ₽57891 per week

₽44042
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4717
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.
₽8578
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29849
-₽38825
-₽57130
-₽24924
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
15 500
income
-
-
-
28 928
health

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

-
-
-
6 812
total
-
-
-
35 740
Employee
46 620
-
13 733
-
income
5 059
-
-
-
social contributions
4 671
-
1 767
-
total
9 730
-
1 767
-
Employer
46 620
-
13 733
-
social contributions
4 671
-
1 767
-
total
4 671
-
1 767
-
Corporate
-
15 500
-
-
income
-
5 425
-
-
total
-
5 425
-
-
Dividends
-
10 075
-
-
social contributions
3 034
3 034
-
-
total
3 034
3 034
-
-
Income
15 500
15 500
15 500
15 500
Total tax
17 435
8 459
3 534
35 740
After tax
-1 935
7 041
11 966
-20 240
Living cost
36 890
36 890
36 890
36 890
Free-cash
-38 825
-29 849
-24 924
-57 130

Estimated living cost  is ₽36890 per week

₽24300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2908
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9116
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26380
-₽42911
-₽25861
-₽25941
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 034
pensions
-
-
-
333
total
-
-
-
3 367
Employee
52 152
-
15 063
-
health
680
-
-
-
income
9 497
-
3 012
-
pensions
3 980
-
-
-
total
14 157
-
3 012
-
Employer
52 152
-
15 063
-
pensions
5 269
-
149
-
health
991
-
286
-
total
6 260
-
435
-
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.

-
2 944
-
-
total
-
2 944
-
-
Dividends
-
12 556
-
-
withholding
-
942
-
-
total
-
942
-
-
Income
15 500
15 500
15 500
15 500
Total tax
20 417
3 886
3 447
3 367
After tax
-4 917
11 614
12 053
12 133
Living cost
37 994
37 994
37 994
37 994
Free-cash
-42 911
-26 380
-25 941
-25 861

Estimated living cost  is ₽37994 per week

₽26064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽22777
-₽30010
-₽17064
-₽15848
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
15 500
accident
-
-
-
255
income
-
-
-
1 504
pensions
-
-
-
4 198
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
8 531
Employee
37 806
-
12 876
-
health
4 329
-
1 474
-
income
5 187
-
1 766
-
pensions
4 257
-
1 450
-
total
13 773
-
4 690
-
Employer
37 806
-
12 876
-
accident
631
-
215
-
unemployment
926
-
316
-
pensions
6 147
-
2 094
-
total
7 704
-
2 625
-
Corporate
-
15 500
-
-
income

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

-
13 950
-
-
total
-
13 950
-
-
Dividends
-
1 550
-
-
withholding
-
294
-
-
total
-
294
-
-
Income
15 500
15 500
15 500
15 500
Total tax
21 477
14 244
7 315
8 531
After tax
-5 977
1 256
8 185
6 969
Living cost
24 033
24 033
24 033
24 033
Free-cash
-30 010
-22 777
-15 848
-17 064

Estimated living cost  is ₽24033 per week

₽17638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1400
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.
₽4511
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽520
-₽6412
-₽4007
-₽4007
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

21 911
-
15 500
-
work injury
110
-
77
-
income
2 191
-
1 550
-
pensions
4 032
-
2 852
-
health insurance
1 621
-
1 147
-
unemployment
263
-
186
-
total
8 217
-
5 812
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
15 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
-
15 500
-
-
withholding
-
2 325
-
-
total
-
2 325
-
-
Income
15 500
15 500
15 500
15 500
Total tax
8 217
2 325
5 812
5 812
After tax
7 283
13 175
9 688
9 688
Living cost
13 695
13 695
13 695
13 695
Free-cash
-6 412
-520
-4 007
-4 007

Estimated living cost  is ₽13695 per week

₽8484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽995
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.
₽3788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽32321
-₽70137
-₽34814
-₽36635
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
69
regional
-
-
-
131
national
-
-
-
1 753
social contributions
-
-
-
7 876
total
-
-
-
9 829
Employee
85 636
-
15 500
-
social contributions
28 876
-
10 325
-
regional
1 293
-
89
-
municipal
511
-
46
-
national
14 472
-
1 190
-
total
45 152
-
11 650
-
Employer
85 636
-
15 500
-
total
-
-
-
-
Corporate
-
15 500
-
-
nationa
-
3 720
-
-
municipal
-
746
-
-
total
-
4 466
-
-
Dividends
-
11 033
-
-
withholding
-
2 870
-
-
total
-
2 870
-
-
Income
15 500
15 500
15 500
15 500
Total tax
45 152
7 336
11 650
9 829
After tax
-29 652
8 164
3 850
5 671
Living cost
40 485
40 485
40 485
40 485
Free-cash
-70 137
-32 321
-36 635
-34 814

Estimated living cost  is ₽40485 per week

₽28438
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2785
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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Estimated living cost

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