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
₽ 16000
per

Your estimated
City
free-cash

Dresden , Germany
-₽22405
-₽22820
-₽21676
-₽21676
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
16 000
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.

-
-
-
6 934
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
-
-
-
6 934
Employee

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

38 820
-
16 000
-
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.

6 934
-
6 934
-
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.

1 084
-
-
-
total
8 078
-
6 934
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
16 000
-
-
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.

-
133
-
-
income
-
2 400
-
-
trade
-
2 519
-
-
chamber of commerce
-
177
-
-
total
-
5 229
-
-
Dividends
-
10 771
-
-
surtax

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

-
127
-
-
withholding
-
2 307
-
-
total
-
2 434
-
-
Income
16 000
16 000
16 000
16 000
Total tax
8 078
7 663
6 934
6 934
After tax
7 922
8 337
9 066
9 066
Living cost
30 742
30 742
30 742
30 742
Free-cash
-22 820
-22 405
-21 676
-21 676

Estimated living cost  is ₽30742 per week

₽19338
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3584
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽41164
-₽70484
-₽38788
-₽38663
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
16 000
municipal
-
-
-
607
pensions
-
-
-
1 920
national
-
-
-
941
social contributions
-
-
-
172
total
-
-
-
3 640
Employee
79 289
-
13 832
-
municipal
9 793
-
669
-
pensions
3 172
-
553
-
national
15 176
-
1 037
-
total
28 141
-
2 259
-
Employer
79 289
-
13 832
-
social contributions
852
-
149
-
pensions
6 343
-
1 107
-
total
7 195
-
1 256
-
Corporate
-
16 000
-
-
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%.

-
3 200
-
-
total
-
3 200
-
-
Dividends
-
12 800
-
-
withholding
-
2 816
-
-
total
-
2 816
-
-
Income
16 000
16 000
16 000
16 000
Total tax
35 336
6 016
3 515
3 640
After tax
-19 336
9 984
12 485
12 360
Living cost
51 148
51 148
51 148
51 148
Free-cash
-70 484
-41 164
-38 663
-38 788

Estimated living cost  is ₽51148 per week

₽34765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽766
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8314
-₽20801
-₽10710
-₽11936
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
16 000
microenterprise
-
-
-
2 400
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.

-
-
-
3 195
total
-
-
-
5 595
Employee
29 657
-
12 893
-
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.

3 263
-
1 418
-
surtax
-
-
-
-
income
5 279
-
2 296
-
total
8 542
-
3 714
-
Employer
29 657
-
12 893
-
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.

7 144
-
3 107
-
surtax
-
-
-
-
total
7 144
-
3 107
-
Corporate
-
16 000
-
-
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%.

-
3 199
-
-
total
-
3 199
-
-
Dividends

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

-
12 801
-
-
total
-
-
-
-
Income
16 000
16 000
16 000
16 000
Total tax
15 686
3 199
6 821
5 595
After tax
314
12 801
9 179
10 405
Living cost
21 115
21 115
21 115
21 115
Free-cash
-20 801
-8 314
-11 936
-10 710

Estimated living cost  is ₽21115 per week

₽13471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2011
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.
₽5154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽79089
-₽84786
-₽33296
-₽84786
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
16 000
income
-
-
-
1 441
pensions
-
-
-
2 879
health
-
-
-
2 458
total
-
-
-
6 778
Employee
86 673
86 673
86 673
-
health
13 303
11 316
13 303
-
income

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

14 187
14 187
14 187
-
pensions
15 601
11 891
15 601
-
total
43 091
37 394
43 091
-
Employer
86 673
86 673
86 673
-
unemployment
3 120
3 120
3 120
-
pensions
6 032
6 032
6 032
-
health
6 025
6 025
6 025
-
total
15 177
15 177
15 177
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
16 000
16 000
16 000
16 000
Total tax
58 268
52 571
58 268
6 778
After tax
-42 268
-36 571
-42 268
9 222
Living cost
42 518
42 518
42 518
42 518
Free-cash
-84 786
-79 089
-84 786
-33 296

Estimated living cost  is ₽42518 per week

₽30131
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽676
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7878
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30402
-₽57290
-₽31162
-₽30593
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
16 000
municipal
-
-
-
3 389
accident
-
-
-
32
pensions
-
-
-
1 730
other
-
-
-
1 859
unemployment
-
-
-
16
health
-
-
-
998
national
-
-
-
-
total
-
-
-
8 024
Employee
55 768
-
12 175
-
municipal
16 630
-
3 630
-
national
-
-
-
-
total
16 630
-
3 630
-
Employer
55 768
-
12 175
-
accident
112
-
24
-
other
6 480
-
1 415
-
unemployment
1 472
-
321
-
pensions
6 028
-
1 316
-
health
3 430
-
749
-
total
17 522
-
3 825
-
Corporate
-
16 000
-
-
income
-
3 520
-
-
total
-
3 520
-
-
Dividends
-
12 480
-
-
withholding
-
3 744
-
-
total
-
3 744
-
-
Income
16 000
16 000
16 000
16 000
Total tax
34 152
7 264
7 455
8 024
After tax
-18 152
8 736
8 545
7 976
Living cost
39 138
39 138
39 138
39 138
Free-cash
-57 290
-30 402
-30 593
-31 162

Estimated living cost  is ₽39138 per week

₽25939
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3841
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.
₽8764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31618
-₽35470
-₽30805
-₽30805
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
16 000
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.

-
-
-
6 934
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
-
-
-
6 934
Employee

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

51 470
-
16 000
-
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.

6 934
-
6 934
-
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.

4 422
-
-
-
total
11 599
-
6 934
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
16 000
-
-
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.

-
133
-
-
income
-
2 400
-
-
trade
-
2 633
-
-
chamber of commerce
-
177
-
-
total
-
5 343
-
-
Dividends
-
10 657
-
-
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
-
2 279
-
-
total
-
2 404
-
-
Income
16 000
16 000
16 000
16 000
Total tax
11 599
7 747
6 934
6 934
After tax
4 401
8 253
9 066
9 066
Living cost
39 871
39 871
39 871
39 871
Free-cash
-35 470
-31 618
-30 805
-30 805

Estimated living cost  is ₽39871 per week

₽26666
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4205
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.
₽8405
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽39871
-₽34321
-₽23923
-₽30997
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 584
income
-
-
-
-
health
-
-
-
984
social contributions
-
-
-
6 019
total
-
-
-
7 003
Employee
78 045
78 045
78 045
-
social contributions
3 792
6 477
2 184
-
health
776
1 327
447
-
income
8 195
7 225
8 775
-
total
12 763
15 029
11 406
-
Employer
78 045
78 045
78 045
-
social contributions
3 792
6 477
2 184
-
health
846
1 445
487
-
total
4 638
7 922
2 671
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
16 000
16 000
16 000
16 000
Total tax
17 401
22 951
14 077
7 003
After tax
-1 401
-6 951
1 923
8 997
Living cost
32 920
32 920
32 920
32 920
Free-cash
-34 321
-39 871
-30 997
-23 923

Estimated living cost  is ₽32920 per week

₽22504
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
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.
₽7292
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9149
-₽15876
-₽7395
-₽9204
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
16 000
income
-
-
-
1 956
pensions
-
-
-
1 600
unemployment
-
-
-
240
health
-
-
-
1 120
total
-
-
-
4 916
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.

26 675
10 616
13 389
-
health
1 867
743
937
-
income
3 261
1 298
1 637
-
pensions
2 667
1 062
1 339
-
unemployment
400
159
201
-
total
8 195
3 262
4 114
-
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.

26 675
10 616
13 389
-
pensions
5 202
2 070
2 611
-
total
5 202
2 070
2 611
-
Corporate
-
3 314
-
-
income
-
298
-
-
total
-
298
-
-
Dividends
-
3 015
-
-
social contributions
-
467
-
-
withholding
-
573
-
-
total
-
1 040
-
-
Income
16 000
16 000
16 000
16 000
Total tax
13 397
6 670
6 725
4 916
After tax
2 603
9 330
9 275
11 084
Living cost
18 479
18 479
18 479
18 479
Free-cash
-15 876
-9 149
-9 204
-7 395

Estimated living cost  is ₽18479 per week

₽12610
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3988
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11714
-₽22525
-₽13794
-₽12985
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
16 000
income
-
-
-
-
pensions
-
-
-
3 199
health
-
-
-
2 080
total
-
-
-
5 279
Employee
28 793
-
11 959
-
income
3 242
-
-
-
pensions
576
-
239
-
unemployment
460
-
191
-
total
4 278
-
430
-
Employer
28 793
-
11 959
-
unemployment
231
-
96
-
pensions
5 759
-
2 390
-
health
3 742
-
1 554
-
total
9 732
-
4 040
-
Corporate
-
16 000
-
-
income
-
3 199
-
-
total
-
3 199
-
-
Dividends
-
12 801
-
-
total
-
-
-
-
Income
16 000
16 000
16 000
16 000
Total tax
14 010
3 199
4 470
5 279
After tax
1 990
12 801
11 530
10 721
Living cost
24 515
24 515
24 515
24 515
Free-cash
-22 525
-11 714
-12 985
-13 794

Estimated living cost  is ₽24515 per week

₽16815
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1460
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5747
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20821
-₽25882
-₽14716
-₽13667
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
16 000
accident
-
-
-
254
income
-
-
-
1 597
pensions
-
-
-
4 183
other
-
-
-
373
health
-
-
-
2 192
total
-
-
-
8 599
Employee
34 791
-
13 291
-
health
3 984
-
1 522
-
income
4 773
-
1 823
-
pensions
3 918
-
1 496
-
total
12 675
-
4 841
-
Employer
34 791
-
13 291
-
accident
581
-
222
-
unemployment
852
-
326
-
pensions
5 657
-
2 161
-
total
7 090
-
2 709
-
Corporate
-
16 000
-
-
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.

-
14 400
-
-
total
-
14 400
-
-
Dividends
-
1 600
-
-
withholding
-
304
-
-
total
-
304
-
-
Income
16 000
16 000
16 000
16 000
Total tax
19 765
14 704
7 550
8 599
After tax
-3 765
1 296
8 450
7 401
Living cost
22 117
22 117
22 117
22 117
Free-cash
-25 882
-20 821
-13 667
-14 716

Estimated living cost  is ₽22117 per week

₽16210
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4221
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5940
₽4204
₽6580
₽3540
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
16 000
microenterprise

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

-
-
-
160
total
-
-
-
160
Employee
11 575
-
16 000
-
income
2 315
-
3 200
-
total
2 315
-
3 200
-
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%.

4 425
16 000
-
-
total
-
-
-
-
Dividends
4 425
16 000
-
-
withholding
221
800
-
-
total
221
800
-
-
Income
16 000
16 000
16 000
16 000
Total tax
2 536
800
3 200
160
After tax
13 464
15 200
12 800
15 840
Living cost
9 260
9 260
9 260
9 260
Free-cash
4 204
5 940
3 540
6 580

Estimated living cost  is ₽9260 per week

₽5739
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.
₽2497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15287
-₽30138
-₽18381
-₽17664
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
16 000
income
-
-
-
2 032
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.

-
-
-
3 839
other
-
-
-
761
health
-
-
-
705
total
-
-
-
7 337
Employee
36 852
-
12 780
-
health
516
-
179
-
income
6 344
-
2 200
-
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.

2 579
-
894
-
unemployment
368
-
127
-
total
9 807
-
3 400
-
Employer
36 852
-
12 780
-
accident
295
-
102
-
other
1 843
-
639
-
unemployment
368
-
127
-
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.

6 265
-
2 173
-
health
516
-
179
-
total
9 287
-
3 220
-
Corporate
-
16 000
-
-
income
-
3 359
-
-
total
-
3 359
-
-
Dividends
-
12 641
-
-
withholding
-
884
-
-
total
-
884
-
-
Income
16 000
16 000
16 000
16 000
Total tax
19 094
4 243
6 620
7 337
After tax
-3 094
11 757
9 380
8 663
Living cost
27 044
27 044
27 044
27 044
Free-cash
-30 138
-15 287
-17 664
-18 381

Estimated living cost  is ₽27044 per week

₽19108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5674
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽56501
-₽94183
-₽55956
-₽56090
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
16 000
income
-
-
-
3 133
pensions
-
-
-
334
total
-
-
-
3 467
Employee
96 902
-
15 497
-
health
1 597
-
-
-
income
17 468
-
3 099
-
pensions
9 348
-
-
-
total
28 413
-
3 099
-
Employer
96 902
-
15 497
-
pensions
11 441
-
207
-
health
1 840
-
295
-
total
13 281
-
502
-
Corporate
-
16 000
-
-
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.

-
3 040
-
-
total
-
3 040
-
-
Dividends
-
12 960
-
-
withholding
-
972
-
-
total
-
972
-
-
Income
16 000
16 000
16 000
16 000
Total tax
41 694
4 012
3 601
3 467
After tax
-25 694
11 988
12 399
12 533
Living cost
68 489
68 489
68 489
68 489
Free-cash
-94 183
-56 501
-56 090
-55 956

Estimated living cost  is ₽68489 per week

₽51320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8047
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8566
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
₽367
-₽5088
-₽3984
-₽3211
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
16 000
income
-
-
-
2 400
pensions

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

-
-
-
2 368
unemployment
-
-
-
64
health
-
-
-
1 839
total
-
-
-
6 671
Employee
17 628
-
13 376
-
health
811
-
615
-
accident

We are using the highest rate at 1.1%.

194
-
147
-
income
1 763
-
1 338
-
pensions

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

1 548
-
1 174
-
total
4 316
-
3 274
-
Employer
17 628
-
13 376
-
accident

We are using the highest rate at 1.1%.

194
-
147
-
unemployment
105
-
80
-
pensions

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

1 943
-
1 474
-
health
1 217
-
923
-
total
3 459
-
2 624
-
Corporate
-
16 000
-
-
income
-
1 600
-
-
total
-
1 600
-
-
Dividends
-
14 400
-
-
withholding
-
720
-
-
total
-
720
-
-
Income
16 000
16 000
16 000
16 000
Total tax
7 775
2 320
5 898
6 671
After tax
8 225
13 680
10 102
9 329
Living cost
13 313
13 313
13 313
13 313
Free-cash
-5 088
367
-3 211
-3 984

Estimated living cost  is ₽13313 per week

₽7772
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.
₽4237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽92852
-₽94574
-₽47059
-₽98549
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
16 000
income
-
-
-
1 441
pensions
-
-
-
2 879
health
-
-
-
2 458
total
-
-
-
6 778
Employee
94 099
86 673
86 673
-
health
11 739
11 316
13 303
-
income

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

14 187
14 187
14 187
-
pensions
11 891
11 891
15 601
-
total
37 817
37 394
43 091
-
Employer
94 099
86 673
86 673
-
unemployment
3 388
3 120
3 120
-
pensions
6 549
6 032
6 032
-
health
6 539
6 025
6 025
-
total
16 476
15 177
15 177
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
16 000
16 000
16 000
16 000
Total tax
54 293
52 571
58 268
6 778
After tax
-38 293
-36 571
-42 268
9 222
Living cost
56 281
56 281
56 281
56 281
Free-cash
-94 574
-92 852
-98 549
-47 059

Estimated living cost  is ₽56281 per week

₽41516
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5027
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽645
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13315
-₽31946
-₽16538
-₽16212
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
16 000
income
-
-
-
1 375
health
-
-
-
2 160
solidarity contribution
-
-
-
-
social contributions
-
-
-
4 672
total
-
-
-
8 207
Employee
35 781
-
11 940
-
social contributions
2 326
-
776
-
health
4 830
-
1 612
-
solidarity contribution
-
-
-
-
income
4 294
-
1 433
-
total
11 450
-
3 821
-
Employer
35 781
-
11 940
-
social contributions
8 945
-
2 985
-
health
3 220
-
1 075
-
total
12 165
-
4 060
-
Corporate
-
16 000
-
-
income
-
3 040
-
-
total
-
3 040
-
-
Dividends
-
12 960
-
-
withholding
-
1 944
-
-
total
-
1 944
-
-
Income
16 000
16 000
16 000
16 000
Total tax
23 615
4 984
7 881
8 207
After tax
-7 615
11 016
8 119
7 793
Living cost
24 331
24 331
24 331
24 331
Free-cash
-31 946
-13 315
-16 212
-16 538

Estimated living cost  is ₽24331 per week

₽16901
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1731
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5221
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽34291
-₽74202
-₽36728
-₽38562
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
16 000
municipal
-
-
-
65
regional
-
-
-
100
national
-
-
-
1 870
social contributions
-
-
-
7 866
total
-
-
-
9 901
Employee
90 203
-
16 000
-
social contributions
30 416
-
10 312
-
regional
851
-
69
-
municipal
478
-
46
-
national
15 630
-
1 308
-
total
47 375
-
11 735
-
Employer
90 203
-
16 000
-
total
-
-
-
-
Corporate
-
16 000
-
-
nationa
-
3 841
-
-
municipal
-
624
-
-
total
-
4 465
-
-
Dividends
-
11 535
-
-
withholding
-
2 999
-
-
total
-
2 999
-
-
Income
16 000
16 000
16 000
16 000
Total tax
47 375
7 464
11 735
9 901
After tax
-31 375
8 536
4 265
6 099
Living cost
42 827
42 827
42 827
42 827
Free-cash
-74 202
-34 291
-38 562
-36 728

Estimated living cost  is ₽42827 per week

₽29854
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽657
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9507
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12333
-₽24628
-₽13249
-₽13630
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
16 000
income
-
-
-
2 286
pensions
-
-
-
3 199
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
1 136
surtax
-
-
-
-
total
-
-
-
6 852
Employee
33 564
-
13 149
-
other
-
-
-
-
health
857
-
345
-
surtax
110
-
-
-
income
5 626
-
2 192
-
pensions
2 238
-
903
-
unemployment
2 336
-
942
-
total
11 167
-
4 382
-
Employer
33 564
-
13 149
-
other
-
-
-
-
unemployment
1 063
-
430
-
pensions
4 474
-
1 805
-
health
1 527
-
616
-
total
7 064
-
2 851
-
Corporate
-
16 000
-
-
income
-
4 160
-
-
total
-
4 160
-
-
Dividends
-
11 840
-
-
withholding
-
1 776
-
-
total
-
1 776
-
-
Income
16 000
16 000
16 000
16 000
Total tax
18 231
5 936
7 233
6 852
After tax
-2 231
10 064
8 767
9 148
Living cost
22 397
22 397
22 397
22 397
Free-cash
-24 628
-12 333
-13 630
-13 249

Estimated living cost  is ₽22397 per week

₽13694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2067
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6119
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽34802
-₽57205
-₽34257
-₽34391
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
16 000
income
-
-
-
3 133
pensions
-
-
-
334
total
-
-
-
3 467
Employee
64 941
-
15 497
-
health
943
-
-
-
income
11 696
-
3 099
-
pensions
5 512
-
-
-
total
18 151
-
3 099
-
Employer
64 941
-
15 497
-
pensions
7 030
-
207
-
health
1 234
-
295
-
total
8 264
-
502
-
Corporate
-
16 000
-
-
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.

-
3 040
-
-
total
-
3 040
-
-
Dividends
-
12 960
-
-
withholding
-
972
-
-
total
-
972
-
-
Income
16 000
16 000
16 000
16 000
Total tax
26 415
4 012
3 601
3 467
After tax
-10 415
11 988
12 399
12 533
Living cost
46 790
46 790
46 790
46 790
Free-cash
-57 205
-34 802
-34 391
-34 257

Estimated living cost  is ₽46790 per week

₽35055
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3507
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.
₽7738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽70027
-₽83133
-₽63567
-₽66521
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
16 000
city
-
-
-
167
pensions
-
-
-
1 472
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.

-
-
-
320
regional
-
-
-
14
health
-
-
-
252
national
-
-
-
-
total
-
-
-
2 225
Employee
90 510
-
13 197
-
city
971
-
127
-
regional
2 964
-
-
-
health
205
-
30
-
pensions
7 604
-
2 364
-
unemployment
-
-
-
-
national
428
-
-
-
total
12 172
-
2 521
-
Employer
90 510
-
13 197
-
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.

1 810
-
264
-
unemployment
-
-
-
-
pensions
7 604
-
2 364
-
health
205
-
30
-
total
9 619
-
2 658
-
Corporate
-
16 000
-
-
regional
-
3 385
-
-
national
-
1 361
-
-
total
-
4 746
-
-
Dividends
-
11 254
-
-
withholding
-
3 939
-
-
total
-
3 939
-
-
Income
16 000
16 000
16 000
16 000
Total tax
21 791
8 685
5 179
2 225
After tax
-5 791
7 315
10 821
13 775
Living cost
77 342
77 342
77 342
77 342
Free-cash
-83 133
-70 027
-66 521
-63 567

Estimated living cost  is ₽77342 per week

₽50295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6941
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽950
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽38325
-₽44997
-₽37429
-₽37429
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
16 000
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.

-
-
-
6 934
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
-
-
-
6 934
Employee

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

60 997
-
16 000
-
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.

6 934
-
6 934
-
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.

7 173
-
-
-
total
14 502
-
6 934
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
16 000
-
-
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.

-
133
-
-
income
-
2 400
-
-
trade
-
2 745
-
-
chamber of commerce
-
177
-
-
total
-
5 455
-
-
Dividends
-
10 545
-
-
surtax

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

-
123
-
-
withholding
-
2 252
-
-
total
-
2 375
-
-
Income
16 000
16 000
16 000
16 000
Total tax
14 502
7 830
6 934
6 934
After tax
1 498
8 170
9 066
9 066
Living cost
46 495
46 495
46 495
46 495
Free-cash
-44 997
-38 325
-37 429
-37 429

Estimated living cost  is ₽46495 per week

₽33958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26662
-₽41002
-₽25709
-₽24255
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
16 000
income
-
-
-
-
pensions
-
-
-
5 761
other
-
-
-
497
health
-
-
-
270
surtax
-
-
-
-
social contributions
-
-
-
456
total
-
-
-
6 984
Employee
43 438
-
12 194
-
social contributions
1 238
-
347
-
surtax
-
-
-
-
income
2 564
-
-
-
pensions
4 911
-
1 377
-
total
8 713
-
1 724
-
Employer
43 438
-
12 194
-
other
1 498
-
420
-
social contributions
131
-
37
-
unemployment
1 758
-
493
-
pensions
7 136
-
2 003
-
health
3 041
-
853
-
total
13 564
-
3 806
-
Corporate
-
16 000
-
-
surtax
-
-
-
-
income
-
4 480
-
-
total
-
4 480
-
-
Dividends
-
11 520
-
-
surtax
-
-
-
-
social contributions
-
1 982
-
-
withholding
-
1 475
-
-
total
-
3 457
-
-
Income
16 000
16 000
16 000
16 000
Total tax
22 277
7 937
5 530
6 984
After tax
-6 277
8 063
10 470
9 016
Living cost
34 725
34 725
34 725
34 725
Free-cash
-41 002
-26 662
-24 255
-25 709

Estimated living cost  is ₽34725 per week

₽21895
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2824
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽591
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9417
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23221
-₽34885
-₽22268
-₽20814
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
16 000
income
-
-
-
-
pensions
-
-
-
5 761
other
-
-
-
497
health
-
-
-
270
surtax
-
-
-
-
social contributions
-
-
-
456
total
-
-
-
6 984
Employee
38 775
-
12 194
-
social contributions
1 106
-
347
-
surtax
-
-
-
-
income
1 999
-
-
-
pensions
4 386
-
1 377
-
total
7 491
-
1 724
-
Employer
38 775
-
12 194
-
other
1 339
-
420
-
social contributions
116
-
37
-
unemployment
1 570
-
493
-
pensions
6 371
-
2 003
-
health
2 714
-
853
-
total
12 110
-
3 806
-
Corporate
-
16 000
-
-
surtax
-
-
-
-
income
-
4 480
-
-
total
-
4 480
-
-
Dividends
-
11 520
-
-
surtax
-
-
-
-
social contributions
-
1 982
-
-
withholding
-
1 475
-
-
total
-
3 457
-
-
Income
16 000
16 000
16 000
16 000
Total tax
19 601
7 937
5 530
6 984
After tax
-3 601
8 063
10 470
9 016
Living cost
31 284
31 284
31 284
31 284
Free-cash
-34 885
-23 221
-20 814
-22 268

Estimated living cost  is ₽31284 per week

₽18143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9370
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11759
-₽21080
-₽11246
-₽12165
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
16 000
income
-
-
-
2 400
health
-
-
-
1 117
social contributions
-
-
-
2 207
total
-
-
-
5 724
Employee
34 413
-
16 000
-
social contributions
4 750
-
2 207
-
health
2 402
-
1 117
-
income
5 740
-
3 319
-
total
12 892
-
6 643
-
Employer
34 413
-
16 000
-
total
-
-
-
-
Corporate
-
16 000
-
-
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%.

-
799
-
-
total
-
799
-
-
Dividends
-
15 201
-
-
health
896
1 061
-
-
social contributions
1 770
2 097
-
-
withholding
-
2 280
-
-
total
2 666
5 438
-
-
Income
16 000
16 000
16 000
16 000
Total tax
15 558
6 237
6 643
5 724
After tax
442
9 763
9 357
10 276
Living cost
21 522
21 522
21 522
21 522
Free-cash
-21 080
-11 759
-12 165
-11 246

Estimated living cost  is ₽21522 per week

₽14403
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1327
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽42873
-₽50484
-₽30435
-₽33507
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
16 000
chamber of commerce
-
-
-
64
income
-
-
-
-
pensions
-
-
-
2 960
unemployment
-
-
-
6 225
health
-
-
-
1 223
surtax
-
-
-
200
total
-
-
-
10 672
Employee
50 723
40 447
40 447
-
other
507
404
106
-
health
1 963
1 566
408
-
income
5 774
2 983
4 723
-
pensions
5 195
4 141
1 082
-
unemployment
1 522
1 213
318
-
total
14 961
10 307
6 637
-
Employer
50 723
40 447
40 447
-
accident
659
526
137
-
other
2 410
1 920
1 668
-
chamber of commerce
202
162
162
-
unemployment
1 522
1 213
318
-
surtax
200
200
200
-
pensions
6 366
5 077
1 327
-
payroll
1 522
1 213
1 213
-
health
1 916
1 529
401
-
total
14 797
11 840
5 426
-
Corporate
3 852
3 852
6 722
-
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.

963
963
1 681
-
total
963
963
1 681
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
16 000
16 000
16 000
16 000
Total tax
30 721
23 110
13 744
10 672
After tax
-14 721
-7 110
2 256
5 328
Living cost
35 763
35 763
35 763
35 763
Free-cash
-50 484
-42 873
-33 507
-30 435

Estimated living cost  is ₽35763 per week

₽23852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3051
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8272
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27720
-₽77734
-₽29658
-₽29572
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
16 000
national
-
-
-
2 662
communal

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

-
-
-
639
social contributions
-
-
-
5 351
total
-
-
-
8 652
Employee

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

72 600
-
12 392
-
communal

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

3 787
-
647
-
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.

3 411
-
582
-
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.

5 445
-
930
-
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.

632
-
108
-
national
22 320
-
2 693
-
total
35 595
-
4 960
-
Employer

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

72 600
-
12 392
-
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.

944
-
160
-
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.

1 059
-
181
-
surtax
8 232
-
1 406
-
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.

6 433
-
1 098
-
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.

4 465
-
761
-
total
21 133
-
3 606
-
Corporate
-
16 000
-
-
surtax
-
64
-
-
income
-
3 199
-
-
total
-
3 263
-
-
Dividends
-
12 737
-
-
withholding

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

-
3 451
-
-
total
-
3 451
-
-
Income
16 000
16 000
16 000
16 000
Total tax
56 728
6 714
8 566
8 652
After tax
-40 728
9 286
7 434
7 348
Living cost
37 006
37 006
37 006
37 006
Free-cash
-77 734
-27 720
-29 572
-29 658

Estimated living cost  is ₽37006 per week

₽23837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3236
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.
₽9355
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽25679
-₽50627
-₽28997
-₽34191
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
16 000
accident
-
-
-
196
income
-
-
-
1 797
pensions
-
-
-
6 177
other
-
-
-
21
unemployment
-
-
-
152
total
-
-
-
8 343
Employee
50 522
-
5 195
-
other
50
-
35
-
income
10 660
-
578
-
pensions
2 375
-
1 593
-
unemployment
784
-
526
-
total
13 869
-
2 732
-
Employer
50 522
-
5 195
-
accident
1 000
-
670
-
other
403
-
272
-
unemployment
2 779
-
1 864
-
pensions
11 922
-
7 999
-
total
16 104
-
10 805
-
Corporate
-
16 000
-
-
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.

-
2 400
-
-
total
-
2 400
-
-
Dividends
-
13 600
-
-
withholding
-
2 625
-
-
total
-
2 625
-
-
Income
16 000
16 000
16 000
16 000
Total tax
29 973
5 025
13 537
8 343
After tax
-13 973
10 975
2 463
7 657
Living cost
36 654
36 654
36 654
36 654
Free-cash
-50 627
-25 679
-34 191
-28 997

Estimated living cost  is ₽36654 per week

₽26992
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽6533
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽44210
-₽70044
-₽51235
-₽51237
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
16 000
accident
-
-
-
435
income
-
-
-
-
pensions
-
-
-
7 727
health
-
-
-
3 621
surtax
-
-
-
295
communal
-
-
-
-
total
-
-
-
12 078
Employee
76 861
-
10 228
-
health
3 421
-
2 149
-
surtax
4 711
-
295
-
income
7 424
-
-
-
pensions
6 148
-
3 864
-
total
21 704
-
6 308
-
Employer
76 861
-
10 228
-
accident
691
-
435
-
pensions
6 148
-
3 864
-
health
2 344
-
1 473
-
total
9 183
-
5 772
-
Corporate
-
16 000
-
-
surtax
-
168
-
-
communal
-
-
-
-
income
-
2 400
-
-
total
-
2 568
-
-
Dividends
-
13 433
-
-
income
-
470
-
-
withholding
-
2 015
-
-
total
-
2 485
-
-
Income
16 000
16 000
16 000
16 000
Total tax
30 887
5 053
12 080
12 078
After tax
-14 887
10 947
3 920
3 922
Living cost
55 157
55 157
55 157
55 157
Free-cash
-70 044
-44 210
-51 237
-51 235

Estimated living cost  is ₽55157 per week

₽41376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3342
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.
₽9854
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12733
-₽25375
-₽13649
-₽14030
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
16 000
income
-
-
-
2 286
pensions
-
-
-
3 199
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
1 136
surtax
-
-
-
-
total
-
-
-
6 852
Employee
34 180
-
13 149
-
other
-
-
-
-
health
873
-
345
-
surtax
121
-
-
-
income
5 730
-
2 192
-
pensions
2 280
-
903
-
unemployment
2 379
-
942
-
total
11 383
-
4 382
-
Employer
34 180
-
13 149
-
other
-
-
-
-
unemployment
1 084
-
430
-
pensions
4 557
-
1 805
-
health
1 554
-
616
-
total
7 195
-
2 851
-
Corporate
-
16 000
-
-
income
-
4 160
-
-
total
-
4 160
-
-
Dividends
-
11 840
-
-
withholding
-
1 776
-
-
total
-
1 776
-
-
Income
16 000
16 000
16 000
16 000
Total tax
18 578
5 936
7 233
6 852
After tax
-2 578
10 064
8 767
9 148
Living cost
22 797
22 797
22 797
22 797
Free-cash
-25 375
-12 733
-14 030
-13 649

Estimated living cost  is ₽22797 per week

₽13764
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1982
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.
₽6524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18932
-₽40303
-₽21308
-₽23123
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
16 000
municipal
-
-
-
65
regional
-
-
-
166
national
-
-
-
1 870
social contributions
-
-
-
7 866
total
-
-
-
9 967
Employee
56 301
-
16 000
-
social contributions
18 985
-
10 312
-
regional
758
-
116
-
municipal
299
-
46
-
national
8 920
-
1 308
-
total
28 962
-
11 782
-
Employer
56 301
-
16 000
-
total
-
-
-
-
Corporate
-
16 000
-
-
nationa
-
3 841
-
-
municipal
-
795
-
-
total
-
4 636
-
-
Dividends
-
11 364
-
-
withholding
-
2 955
-
-
total
-
2 955
-
-
Income
16 000
16 000
16 000
16 000
Total tax
28 962
7 591
11 782
9 967
After tax
-12 962
8 409
4 218
6 033
Living cost
27 341
27 341
27 341
27 341
Free-cash
-40 303
-18 932
-23 123
-21 308

Estimated living cost  is ₽27341 per week

₽17003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7099
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
-₽18966
-₽43082
-₽22189
-₽21863
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
16 000
income
-
-
-
1 375
health
-
-
-
2 160
solidarity contribution
-
-
-
-
social contributions
-
-
-
4 672
total
-
-
-
8 207
Employee
44 092
-
11 940
-
social contributions
2 866
-
776
-
health
5 952
-
1 612
-
solidarity contribution
-
-
-
-
income
5 291
-
1 433
-
total
14 109
-
3 821
-
Employer
44 092
-
11 940
-
social contributions
11 023
-
2 985
-
health
3 968
-
1 075
-
total
14 991
-
4 060
-
Corporate
-
16 000
-
-
income
-
3 040
-
-
total
-
3 040
-
-
Dividends
-
12 960
-
-
withholding
-
1 944
-
-
total
-
1 944
-
-
Income
16 000
16 000
16 000
16 000
Total tax
29 100
4 984
7 881
8 207
After tax
-13 100
11 016
8 119
7 793
Living cost
29 982
29 982
29 982
29 982
Free-cash
-43 082
-18 966
-21 863
-22 189

Estimated living cost  is ₽29982 per week

₽22297
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1661
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5506
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽39291
-₽42098
-₽26853
-₽30018
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
16 000
chamber of commerce
-
-
-
64
income
-
-
-
-
pensions
-
-
-
2 960
unemployment
-
-
-
6 225
health
-
-
-
1 223
surtax
-
-
-
-
total
-
-
-
10 472
Employee
44 366
40 447
40 447
-
other
443
404
108
-
health
1 716
1 566
416
-
income
3 952
2 983
4 711
-
pensions
4 544
4 141
1 100
-
unemployment
1 331
1 213
322
-
total
11 986
10 307
6 657
-
Employer
44 366
40 447
40 447
-
accident
576
526
139
-
other
2 107
1 920
1 668
-
chamber of commerce
177
162
162
-
unemployment
1 331
1 213
322
-
surtax
-
-
-
-
pensions
5 568
5 077
1 348
-
payroll
1 331
1 213
1 213
-
health
1 678
1 529
406
-
total
12 768
11 640
5 258
-
Corporate
3 852
3 852
6 890
-
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.

963
963
1 722
-
total
963
963
1 722
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
16 000
16 000
16 000
16 000
Total tax
25 717
22 910
13 637
10 472
After tax
-9 717
-6 910
2 363
5 528
Living cost
32 381
32 381
32 381
32 381
Free-cash
-42 098
-39 291
-30 018
-26 853

Estimated living cost  is ₽32381 per week

₽19424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9072
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽770
-₽2038
₽1409
-₽1631
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
16 000
microenterprise

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

-
-
-
160
total
-
-
-
160
Employee
18 038
-
16 000
-
income
3 608
-
3 200
-
total
3 608
-
3 200
-
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%.

-
16 000
-
-
total
-
-
-
-
Dividends
-
16 000
-
-
withholding
-
800
-
-
total
-
800
-
-
Income
16 000
16 000
16 000
16 000
Total tax
3 608
800
3 200
160
After tax
12 392
15 200
12 800
15 840
Living cost
14 430
14 430
14 430
14 430
Free-cash
-2 038
770
-1 631
1 409

Estimated living cost  is ₽14430 per week

₽9765
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.
₽3575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16205
-₽35871
-₽17579
-₽18164
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
16 000
income
-
-
-
1 837
pensions
-
-
-
2 922
unemployment
-
-
-
23
health
-
-
-
1 574
total
-
-
-
6 356
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.

44 881
-
13 845
-
health
2 899
-
894
-
income
7 740
-
1 726
-
pensions
6 957
-
2 146
-
unemployment
64
-
19
-
total
17 660
-
4 785
-
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.

44 881
-
13 845
-
unemployment
27
-
8
-
pensions
3 972
-
1 225
-
health
2 989
-
923
-
total
6 988
-
2 156
-
Corporate
-
16 000
-
-
income
-
3 039
-
-
total
-
3 039
-
-
Dividends
-
12 961
-
-
withholding
-
1 943
-
-
total
-
1 943
-
-
Income
16 000
16 000
16 000
16 000
Total tax
24 648
4 982
6 941
6 356
After tax
-8 648
11 018
9 059
9 644
Living cost
27 223
27 223
27 223
27 223
Free-cash
-35 871
-16 205
-18 164
-17 579

Estimated living cost  is ₽27223 per week

₽18683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1745
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.
₽6269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽34278
-₽136088
-₽32955
-₽41998
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
16 000
income
-
-
-
3 119
social contributions
-
-
-
1 824
total
-
-
-
4 943
Employee
63 107
-
3 319
-
social contributions
5 175
-
737
-
income
13 920
-
568
-
total
19 095
-
1 305
-
Employer
63 107
-
3 319
-
social contributions
88 981
-
12 681
-
total
88 981
-
12 681
-
Corporate
-
16 000
-
-
income
-
3 520
-
-
total
-
3 520
-
-
Dividends
-
12 480
-
-
income
-
2 746
-
-
total
-
2 746
-
-
Income
16 000
16 000
16 000
16 000
Total tax
108 076
6 266
13 986
4 943
After tax
-92 076
9 734
2 014
11 057
Living cost
44 012
44 012
44 012
44 012
Free-cash
-136 088
-34 278
-41 998
-32 955

Estimated living cost  is ₽44012 per week

₽28557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4139
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10755
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22735
-₽41767
-₽22331
-₽21995
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
16 000
income
-
-
-
934
surtax
-
-
-
-
social contributions

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

-
-
-
5 561
total
-
-
-
6 495
Employee
46 680
-
12 930
-
social contributions
5 135
-
1 421
-
surtax
-
-
-
-
income
9 710
-
1 668
-
total
14 845
-
3 089
-
Employer
46 680
-
12 930
-
social contributions
11 086
-
3 070
-
total
11 086
-
3 070
-
Corporate
-
16 000
-
-
surtax
-
-
-
-
income
-
3 359
-
-
total
-
3 359
-
-
Dividends
-
12 641
-
-
withholding
-
3 540
-
-
total
-
3 540
-
-
Income
16 000
16 000
16 000
16 000
Total tax
25 931
6 899
6 159
6 495
After tax
-9 931
9 101
9 841
9 505
Living cost
31 836
31 836
31 836
31 836
Free-cash
-41 767
-22 735
-21 995
-22 331

Estimated living cost  is ₽31836 per week

₽23820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1878
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.
₽5607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽40958
-₽67421
-₽40005
-₽38551
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
16 000
income
-
-
-
-
pensions
-
-
-
5 761
other
-
-
-
497
health
-
-
-
270
surtax
-
-
-
-
social contributions
-
-
-
456
total
-
-
-
6 984
Employee
63 568
-
12 194
-
social contributions
1 810
-
347
-
surtax
-
-
-
-
income
5 546
-
-
-
pensions
7 190
-
1 377
-
total
14 546
-
1 724
-
Employer
63 568
-
12 194
-
other
2 194
-
420
-
social contributions
191
-
37
-
unemployment
2 575
-
493
-
pensions
10 445
-
2 003
-
health
4 449
-
853
-
total
19 854
-
3 806
-
Corporate
-
16 000
-
-
surtax
-
-
-
-
income
-
4 480
-
-
total
-
4 480
-
-
Dividends
-
11 520
-
-
surtax
-
-
-
-
social contributions
-
1 982
-
-
withholding
-
1 475
-
-
total
-
3 457
-
-
Income
16 000
16 000
16 000
16 000
Total tax
34 400
7 937
5 530
6 984
After tax
-18 400
8 063
10 470
9 016
Living cost
49 021
49 021
49 021
49 021
Free-cash
-67 421
-40 958
-38 551
-40 005

Estimated living cost  is ₽49021 per week

₽33176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4010
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16110
-₽21688
-₽18030
-₽17556
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
16 000
income
-
-
-
-
social contributions
-
-
-
3 521
total
-
-
-
3 521
Employee
32 630
-
13 852
-
income
-
-
-
-
social contributions
2 121
-
901
-
total
2 121
-
901
-
Employer
32 630
-
13 852
-
social contributions
5 058
-
2 146
-
total
5 058
-
2 146
-
Corporate
-
16 000
-
-
income
-
1 601
-
-
total
-
1 601
-
-
Dividends
-
14 399
-
-
total
-
-
-
-
Income
16 000
16 000
16 000
16 000
Total tax
7 179
1 601
3 047
3 521
After tax
8 821
14 399
12 953
12 479
Living cost
30 509
30 509
30 509
30 509
Free-cash
-21 688
-16 110
-17 556
-18 030

Estimated living cost  is ₽30509 per week

₽19727
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2300
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7908
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽205140
-₽205140
-₽35774
-₽205140
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
16 000
municipal
-
-
-
409
pensions
-
-
-
880
national
-
-
-
394
labour market
-
-
-
1 210
total
-
-
-
2 893
Employee
206 316
206 316
206 316
-
labour market
16 482
16 482
16 482
-
national
25 205
25 205
25 205
-
municipal
43 934
43 934
43 934
-
pensions
293
293
293
-
total
85 914
85 914
85 914
-
Employer
206 316
206 316
206 316
-
labour market
16 505
16 505
16 505
-
municipal
44 004
44 004
44 004
-
pensions
587
587
587
-
national
25 249
25 249
25 249
-
total
86 345
86 345
86 345
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
16 000
16 000
16 000
16 000
Total tax
172 259
172 259
172 259
2 893
After tax
-156 259
-156 259
-156 259
13 107
Living cost
48 881
48 881
48 881
48 881
Free-cash
-205 140
-205 140
-205 140
-35 774

Estimated living cost  is ₽48881 per week

₽33455
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4324
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10350
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20494
-₽25265
-₽14390
-₽13340
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
16 000
accident
-
-
-
254
income
-
-
-
1 597
pensions
-
-
-
4 183
other
-
-
-
373
health
-
-
-
2 192
total
-
-
-
8 599
Employee
34 278
-
13 291
-
health
3 925
-
1 522
-
income
4 703
-
1 823
-
pensions
3 860
-
1 496
-
total
12 488
-
4 841
-
Employer
34 278
-
13 291
-
accident
572
-
222
-
unemployment
840
-
326
-
pensions
5 574
-
2 161
-
total
6 986
-
2 709
-
Corporate
-
16 000
-
-
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.

-
14 400
-
-
total
-
14 400
-
-
Dividends
-
1 600
-
-
withholding
-
304
-
-
total
-
304
-
-
Income
16 000
16 000
16 000
16 000
Total tax
19 474
14 704
7 550
8 599
After tax
-3 474
1 296
8 450
7 401
Living cost
21 790
21 790
21 790
21 790
Free-cash
-25 265
-20 494
-13 340
-14 390

Estimated living cost  is ₽21790 per week

₽15861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1242
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4278
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Krakow model

Close
Helsinki , Finland
-₽27894
-₽47474
-₽25846
-₽28839
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
16 000
municipal
-
-
-
2 879
health
-
-
-
-
national
-
-
-
-
total
-
-
-
2 879
Employee
53 399
-
13 460
-
health
399
-
-
-
municipal
8 746
-
2 223
-
pensions
3 604
-
909
-
unemployment
801
-
202
-
national
882
-
-
-
total
14 432
-
3 334
-
Employer
53 399
-
13 460
-
accident
54
-
13
-
unemployment
347
-
87
-
pensions
9 264
-
2 334
-
health
410
-
104
-
total
10 075
-
2 538
-
Corporate
-
16 000
-
-
income
-
3 199
-
-
total
-
3 199
-
-
Dividends

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

-
9 601
-
-
national
-
-
-
-
municipal
-
1 728
-
-
total
-
1 728
-
-
Income
16 000
16 000
16 000
16 000
Total tax
24 507
4 927
5 872
2 879
After tax
-8 507
11 073
10 128
13 121
Living cost
38 967
38 967
38 967
38 967
Free-cash
-47 474
-27 894
-28 839
-25 846

Estimated living cost  is ₽38967 per week

₽25453
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3748
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽620
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30450
-₽23161
-₽14502
-₽21576
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 584
income
-
-
-
-
health
-
-
-
984
social contributions
-
-
-
6 019
total
-
-
-
7 003
Employee
78 045
78 045
78 045
-
social contributions
2 951
6 477
2 184
-
health
605
1 327
447
-
income
8 498
7 225
8 775
-
total
12 054
15 029
11 406
-
Employer
78 045
78 045
78 045
-
social contributions
2 951
6 477
2 184
-
health
657
1 445
487
-
total
3 608
7 922
2 671
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
16 000
16 000
16 000
16 000
Total tax
15 662
22 951
14 077
7 003
After tax
338
-6 951
1 923
8 997
Living cost
23 499
23 499
23 499
23 499
Free-cash
-23 161
-30 450
-21 576
-14 502

Estimated living cost  is ₽23499 per week

₽14083
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2305
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2865
-₽9696
-₽10798
-₽7074
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 000
income
-
-
-
526
pensions
-
-
-
6 456
unemployment
-
-
-
29
health
-
-
-
3 673
total
-
-
-
10 684
Employee

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

23 297
-
14 178
-
health
1 980
-
1 502
-
income
1 593
-
894
-
pensions
3 494
-
2 652
-
unemployment
116
-
89
-
total
7 183
-
5 137
-
Employer

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

23 297
-
14 178
-
unemployment
116
-
89
-
pensions
1 281
-
973
-
health
1 002
-
761
-
total
2 399
-
1 823
-
Corporate
-
16 000
-
-
income
-
1 441
-
-
total
-
1 441
-
-
Dividends
-
14 559
-
-
withholding
-
1 310
-
-
total
-
1 310
-
-
Income
16 000
16 000
16 000
16 000
Total tax
9 582
2 751
6 960
10 684
After tax
6 418
13 249
9 040
5 316
Living cost
16 114
16 114
16 114
16 114
Free-cash
-9 696
-2 865
-7 074
-10 798

Estimated living cost  is ₽16114 per week

₽10281
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽4191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16935
-₽33492
-₽20253
-₽25447
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
16 000
accident
-
-
-
196
income
-
-
-
1 797
pensions
-
-
-
6 177
other
-
-
-
21
unemployment
-
-
-
152
total
-
-
-
8 343
Employee
37 529
-
5 195
-
other
37
-
35
-
income
7 235
-
578
-
pensions
1 764
-
1 593
-
unemployment
582
-
526
-
total
9 618
-
2 732
-
Employer
37 529
-
5 195
-
accident
743
-
670
-
other
300
-
272
-
unemployment
2 065
-
1 864
-
pensions
8 856
-
7 999
-
total
11 964
-
10 805
-
Corporate
-
16 000
-
-
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.

-
2 400
-
-
total
-
2 400
-
-
Dividends
-
13 600
-
-
withholding
-
2 625
-
-
total
-
2 625
-
-
Income
16 000
16 000
16 000
16 000
Total tax
21 582
5 025
13 537
8 343
After tax
-5 582
10 975
2 463
7 657
Living cost
27 910
27 910
27 910
27 910
Free-cash
-33 492
-16 935
-25 447
-20 253

Estimated living cost  is ₽27910 per week

₽18839
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2683
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.
₽5900
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7197
₽6740
₽5976
₽5778
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
16 000
income
-
-
-
3 730
pensions
-
-
-
2 033
health
-
-
-
1 474
total
-
-
-
7 237
Employee
4 245
-
13 713
-
health
212
-
508
-
income
821
-
3 623
-
pensions
382
-
915
-
unemployment
42
-
102
-
total
1 457
-
5 148
-
Employer
4 245
-
13 713
-
unemployment
85
-
203
-
pensions
467
-
1 118
-
health
403
-
966
-
total
955
-
2 287
-
Corporate
10 799
16 000
-
-
income
2 376
3 520
-
-
total
2 376
3 520
-
-
Dividends
8 424
12 480
-
-
withholding
1 685
2 496
-
-
total
1 685
2 496
-
-
Income
16 000
16 000
16 000
16 000
Total tax
6 473
6 016
7 435
7 237
After tax
9 527
9 984
8 565
8 763
Living cost
2 787
2 787
2 787
2 787
Free-cash
6 740
7 197
5 778
5 976

Estimated living cost  is ₽2787 per week

₽1656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽226
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.
₽841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6000
-₽15221
-₽8443
-₽7756
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
16 000
income
-
-
-
835
pensions
-
-
-
4 160
unemployment
-
-
-
240
health
-
-
-
1 648
total
-
-
-
6 883
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.

26 480
-
13 571
-
health
1 364
-
699
-
income
3 650
-
1 065
-
pensions
3 707
-
1 900
-
unemployment
199
-
102
-
total
8 920
-
3 766
-
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.

26 480
-
13 571
-
unemployment
199
-
102
-
pensions
3 178
-
1 629
-
health
1 364
-
699
-
total
4 741
-
2 430
-
Corporate
-
16 000
-
-
income
-
2 400
-
-
total
-
2 400
-
-
Dividends
-
13 600
-
-
withholding
-
2 040
-
-
total
-
2 040
-
-
Income
16 000
16 000
16 000
16 000
Total tax
13 661
4 440
6 196
6 883
After tax
2 339
11 560
9 804
9 117
Living cost
17 560
17 560
17 560
17 560
Free-cash
-15 221
-6 000
-7 756
-8 443

Estimated living cost  is ₽17560 per week

₽11823
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
-₽18261
-₽32748
-₽17857
-₽17521
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
16 000
income
-
-
-
934
surtax
-
-
-
-
social contributions

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

-
-
-
5 561
total
-
-
-
6 495
Employee
39 393
-
12 930
-
social contributions
4 334
-
1 421
-
surtax
-
-
-
-
income
7 697
-
1 668
-
total
12 031
-
3 089
-
Employer
39 393
-
12 930
-
social contributions
9 355
-
3 070
-
total
9 355
-
3 070
-
Corporate
-
16 000
-
-
surtax
-
-
-
-
income
-
3 359
-
-
total
-
3 359
-
-
Dividends
-
12 641
-
-
withholding
-
3 540
-
-
total
-
3 540
-
-
Income
16 000
16 000
16 000
16 000
Total tax
21 386
6 899
6 159
6 495
After tax
-5 386
9 101
9 841
9 505
Living cost
27 362
27 362
27 362
27 362
Free-cash
-32 748
-18 261
-17 521
-17 857

Estimated living cost  is ₽27362 per week

₽19380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
-₽24695
-₽48647
-₽28013
-₽33207
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
16 000
accident
-
-
-
196
income
-
-
-
1 797
pensions
-
-
-
6 177
other
-
-
-
21
unemployment
-
-
-
152
total
-
-
-
8 343
Employee
49 017
-
5 195
-
other
48
-
35
-
income
10 238
-
578
-
pensions
2 304
-
1 593
-
unemployment
759
-
526
-
total
13 349
-
2 732
-
Employer
49 017
-
5 195
-
accident
971
-
670
-
other
393
-
272
-
unemployment
2 696
-
1 864
-
pensions
11 568
-
7 999
-
total
15 628
-
10 805
-
Corporate
-
16 000
-
-
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.

-
2 400
-
-
total
-
2 400
-
-
Dividends
-
13 600
-
-
withholding
-
2 625
-
-
total
-
2 625
-
-
Income
16 000
16 000
16 000
16 000
Total tax
28 977
5 025
13 537
8 343
After tax
-12 977
10 975
2 463
7 657
Living cost
35 670
35 670
35 670
35 670
Free-cash
-48 647
-24 695
-33 207
-28 013

Estimated living cost  is ₽35670 per week

₽25617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2774
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.
₽6778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3787
-₽11666
-₽8138
-₽7365
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
16 000
income
-
-
-
2 400
pensions

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

-
-
-
2 368
unemployment
-
-
-
64
health
-
-
-
1 839
total
-
-
-
6 671
Employee
23 129
-
13 376
-
health
1 064
-
615
-
accident

We are using the highest rate at 1.1%.

254
-
147
-
income
2 313
-
1 338
-
pensions

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

2 030
-
1 174
-
total
5 661
-
3 274
-
Employer
23 129
-
13 376
-
accident

We are using the highest rate at 1.1%.

254
-
147
-
unemployment
139
-
80
-
pensions

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

2 549
-
1 474
-
health
1 596
-
923
-
total
4 538
-
2 624
-
Corporate
-
16 000
-
-
income
-
1 600
-
-
total
-
1 600
-
-
Dividends
-
14 400
-
-
withholding
-
720
-
-
total
-
720
-
-
Income
16 000
16 000
16 000
16 000
Total tax
10 199
2 320
5 898
6 671
After tax
5 801
13 680
10 102
9 329
Living cost
17 467
17 467
17 467
17 467
Free-cash
-11 666
-3 787
-7 365
-8 138

Estimated living cost  is ₽17467 per week

₽11552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1000
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.
₽4498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30682
-₽34500
-₽30118
-₽30118
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
16 000
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.

-
-
-
6 934
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
-
-
-
6 934
Employee

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

50 500
-
16 000
-
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.

6 934
-
6 934
-
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.

4 153
-
-
-
total
11 316
-
6 934
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
16 000
-
-
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.

-
133
-
-
income
-
2 400
-
-
trade
-
2 296
-
-
chamber of commerce
-
177
-
-
total
-
5 006
-
-
Dividends
-
10 994
-
-
surtax

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

-
129
-
-
withholding
-
2 363
-
-
total
-
2 492
-
-
Income
16 000
16 000
16 000
16 000
Total tax
11 316
7 498
6 934
6 934
After tax
4 684
8 502
9 066
9 066
Living cost
39 184
39 184
39 184
39 184
Free-cash
-34 500
-30 682
-30 118
-30 118

Estimated living cost  is ₽39184 per week

₽27030
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4216
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7369
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽46615
-₽63393
-₽42091
-₽42091
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
16 000
income
-
-
-
21
social contributions
-
-
-
254
total
-
-
-
275
Employee
79 392
-
16 000
-
income
14 981
-
21
-
social contributions
6 596
-
254
-
total
21 577
-
275
-
Employer
79 392
-
16 000
-
total
-
-
-
-
Corporate
-
16 000
-
-
income
-
1 999
-
-
total
-
1 999
-
-
Dividends
-
14 001
-
-
withholding
-
2 800
-
-
total
-
2 800
-
-
Income
16 000
16 000
16 000
16 000
Total tax
21 577
4 799
275
275
After tax
-5 577
11 201
15 725
15 725
Living cost
57 816
57 816
57 816
57 816
Free-cash
-63 393
-46 615
-42 091
-42 091

Estimated living cost  is ₽57816 per week

₽43985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
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.
₽8567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29472
-₽38255
-₽56545
-₽24371
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
16 000
income
-
-
-
28 891
health

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

-
-
-
6 811
total
-
-
-
35 702
Employee
46 560
-
14 236
-
income
5 052
-
-
-
social contributions
4 665
-
1 764
-
total
9 717
-
1 764
-
Employer
46 560
-
14 236
-
social contributions
4 665
-
1 764
-
total
4 665
-
1 764
-
Corporate
-
16 000
-
-
income
-
5 599
-
-
total
-
5 599
-
-
Dividends
-
10 401
-
-
social contributions
3 030
3 030
-
-
total
3 030
3 030
-
-
Income
16 000
16 000
16 000
16 000
Total tax
17 412
8 629
3 528
35 702
After tax
-1 412
7 371
12 472
-19 702
Living cost
36 843
36 843
36 843
36 843
Free-cash
-38 255
-29 472
-24 371
-56 545

Estimated living cost  is ₽36843 per week

₽24268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2904
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26051
-₽42481
-₽25506
-₽25640
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
16 000
income
-
-
-
3 133
pensions
-
-
-
334
total
-
-
-
3 467
Employee
52 214
-
15 497
-
health
681
-
-
-
income
9 509
-
3 099
-
pensions
3 985
-
-
-
total
14 175
-
3 099
-
Employer
52 214
-
15 497
-
pensions
5 275
-
207
-
health
992
-
295
-
total
6 267
-
502
-
Corporate
-
16 000
-
-
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.

-
3 040
-
-
total
-
3 040
-
-
Dividends
-
12 960
-
-
withholding
-
972
-
-
total
-
972
-
-
Income
16 000
16 000
16 000
16 000
Total tax
20 442
4 012
3 601
3 467
After tax
-4 442
11 988
12 399
12 533
Living cost
38 039
38 039
38 039
38 039
Free-cash
-42 481
-26 051
-25 640
-25 506

Estimated living cost  is ₽38039 per week

₽26094
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7968
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽22652
-₽29348
-₽16547
-₽15498
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
16 000
accident
-
-
-
254
income
-
-
-
1 597
pensions
-
-
-
4 183
other
-
-
-
373
health
-
-
-
2 192
total
-
-
-
8 599
Employee
37 671
-
13 291
-
health
4 313
-
1 522
-
income
5 168
-
1 823
-
pensions
4 242
-
1 496
-
total
13 723
-
4 841
-
Employer
37 671
-
13 291
-
accident
629
-
222
-
unemployment
923
-
326
-
pensions
6 125
-
2 161
-
total
7 677
-
2 709
-
Corporate
-
16 000
-
-
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.

-
14 400
-
-
total
-
14 400
-
-
Dividends
-
1 600
-
-
withholding
-
304
-
-
total
-
304
-
-
Income
16 000
16 000
16 000
16 000
Total tax
21 400
14 704
7 550
8 599
After tax
-5 400
1 296
8 450
7 401
Living cost
23 948
23 948
23 948
23 948
Free-cash
-29 348
-22 652
-15 498
-16 547

Estimated living cost  is ₽23948 per week

₽17575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1395
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4495
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Warsaw model

Close
Skopje , Macedonia
-₽105
-₽5929
-₽3705
-₽3705
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
16 000
work injury
-
-
-
80
health insurance
-
-
-
1 184
income
-
-
-
1 600
pensions
-
-
-
2 944
unemployment
-
-
-
192
total
-
-
-
6 000
Employee

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

21 928
-
16 000
-
work injury
110
-
80
-
income
2 193
-
1 600
-
pensions
4 035
-
2 944
-
health insurance
1 623
-
1 184
-
unemployment
263
-
192
-
total
8 224
-
6 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
16 000
-
-
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
-
16 000
-
-
withholding
-
2 400
-
-
total
-
2 400
-
-
Income
16 000
16 000
16 000
16 000
Total tax
8 224
2 400
6 000
6 000
After tax
7 776
13 600
10 000
10 000
Living cost
13 705
13 705
13 705
13 705
Free-cash
-5 929
-105
-3 705
-3 705

Estimated living cost  is ₽13705 per week

₽8490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽996
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽32004
-₽69526
-₽34383
-₽36203
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
16 000
municipal
-
-
-
73
regional
-
-
-
141
national
-
-
-
1 870
social contributions
-
-
-
7 866
total
-
-
-
9 950
Employee
85 526
-
16 000
-
social contributions
28 839
-
10 312
-
regional
1 291
-
98
-
municipal
510
-
52
-
national
14 453
-
1 308
-
total
45 093
-
11 770
-
Employer
85 526
-
16 000
-
total
-
-
-
-
Corporate
-
16 000
-
-
nationa
-
3 841
-
-
municipal
-
770
-
-
total
-
4 611
-
-
Dividends
-
11 389
-
-
withholding
-
2 960
-
-
total
-
2 960
-
-
Income
16 000
16 000
16 000
16 000
Total tax
45 093
7 571
11 770
9 950
After tax
-29 093
8 429
4 230
6 050
Living cost
40 433
40 433
40 433
40 433
Free-cash
-69 526
-32 004
-36 203
-34 383

Estimated living cost  is ₽40433 per week

₽28402
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2781
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.
₽8638
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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