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
₽ 19500
per

Your estimated
City
free-cash

Dresden , Germany
-₽15732
-₽18671
-₽16802
-₽15732
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
19 500
trade
-
-
-
-
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.

-
-
-
6 484
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.

-
-
-
-
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.

-
-
-
-
total
-
-
-
6 484
Employee

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

36 302
-
19 500
-
surtax

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

56
-
-
-
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.

1 014
-
-
-
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.

6 484
-
6 484
-
total
7 554
-
6 484
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
19 500
-
-
trade
-
3 071
-
-
income
-
2 925
-
-
chamber of commerce
-
173
-
-
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.

-
160
-
-
total
-
6 329
-
-
Dividends
-
13 171
-
-
withholding
-
2 932
-
-
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.

-
162
-
-
total
-
3 094
-
-
Income
19 500
19 500
19 500
19 500
Total tax
7 554
9 423
6 484
6 484
After tax
11 946
10 077
13 016
13 016
Living cost
28 748
28 748
28 748
28 748
Free-cash
-16 802
-18 671
-15 732
-15 732

Estimated living cost  is ₽28748 per week

₽18083
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3352
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6776
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽36158
-₽38309
-₽65850
-₽36005
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 500
municipal
-
-
-
1 032
pensions
-
-
-
2 340
social contributions
-
-
-
210
national
-
-
-
1 599
total
-
-
-
5 181
Employee
78 248
-
16 858
-
municipal
9 665
-
1 108
-
national
14 977
-
1 716
-
pensions
3 130
-
674
-
total
27 772
-
3 498
-
Employer
78 248
-
16 858
-
pensions
6 260
-
1 349
-
social contributions
841
-
181
-
total
7 101
-
1 530
-
Corporate
-
19 500
-
-
income

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

-
3 900
-
-
total
-
3 900
-
-
Dividends
-
15 600
-
-
withholding
-
3 432
-
-
total
-
3 432
-
-
Income
19 500
19 500
19 500
19 500
Total tax
34 873
7 332
5 028
5 181
After tax
-15 373
12 168
14 472
14 319
Living cost
50 477
50 477
50 477
50 477
Free-cash
-65 850
-38 309
-36 005
-36 158

Estimated living cost  is ₽50477 per week

₽34309
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽756
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6159
-₽4145
-₽14914
-₽8558
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
19 500
surtax
-
-
-
-
social contributions

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

-
-
-
2 988
income
-
-
-
-
microenterprise
-
-
-
2 925
total
-
-
-
5 913
Employee
27 734
-
15 714
-
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.

3 051
-
1 729
-
surtax
-
-
-
-
income
4 937
-
2 797
-
total
7 988
-
4 526
-
Employer
27 734
-
15 714
-
surtax
-
-
-
-
social contributions

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

6 680
-
3 786
-
total
6 680
-
3 786
-
Corporate
-
19 500
-
-
income

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

-
3 899
-
-
total
-
3 899
-
-
Dividends

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

-
15 601
-
-
total
-
-
-
-
Income
19 500
19 500
19 500
19 500
Total tax
14 668
3 899
8 312
5 913
After tax
4 832
15 601
11 188
13 587
Living cost
19 746
19 746
19 746
19 746
Free-cash
-14 914
-4 145
-8 558
-6 159

Estimated living cost  is ₽19746 per week

₽12597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4820
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28517
-₽69422
-₽74749
-₽74749
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 500
pensions
-
-
-
3 510
health
-
-
-
2 993
income
-
-
-
1 754
total
-
-
-
8 257
Employee
81 051
81 051
81 051
-
pensions
14 589
11 120
14 589
-
income

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

13 267
13 267
13 267
-
health
12 440
10 582
12 440
-
total
40 296
34 969
40 296
-
Employer
81 051
81 051
81 051
-
pensions
5 641
5 641
5 641
-
unemployment
2 918
2 918
2 918
-
health
5 634
5 634
5 634
-
total
14 193
14 193
14 193
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
19 500
19 500
19 500
19 500
Total tax
54 489
49 162
54 489
8 257
After tax
-34 989
-29 662
-34 989
11 243
Living cost
39 760
39 760
39 760
39 760
Free-cash
-74 749
-69 422
-74 749
-28 517

Estimated living cost  is ₽39760 per week

₽28177
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.
₽632
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29416
-₽28490
-₽53789
-₽28725
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 500
municipal
-
-
-
4 130
pensions
-
-
-
2 108
health
-
-
-
1 217
other
-
-
-
2 266
unemployment
-
-
-
19
accident
-
-
-
39
national
-
-
-
-
total
-
-
-
9 779
Employee
55 766
-
14 838
-
municipal
16 630
-
4 425
-
national
-
-
-
-
total
16 630
-
4 425
-
Employer
55 766
-
14 838
-
pensions
6 028
-
1 604
-
other
6 480
-
1 724
-
unemployment
1 472
-
392
-
accident
112
-
30
-
health
3 430
-
913
-
total
17 522
-
4 663
-
Corporate
-
19 500
-
-
income
-
4 290
-
-
total
-
4 290
-
-
Dividends
-
15 210
-
-
withholding
-
4 563
-
-
total
-
4 563
-
-
Income
19 500
19 500
19 500
19 500
Total tax
34 152
8 853
9 088
9 779
After tax
-14 652
10 647
10 412
9 721
Living cost
39 137
39 137
39 137
39 137
Free-cash
-53 789
-28 490
-28 725
-29 416

Estimated living cost  is ₽39137 per week

₽25938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3840
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
-₽24269
-₽27305
-₽28631
-₽24269
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
19 500
trade
-
-
-
-
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.

-
-
-
6 484
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.

-
-
-
-
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.

-
-
-
-
total
-
-
-
6 484
Employee

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

48 132
-
19 500
-
surtax

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

227
-
-
-
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.

4 135
-
-
-
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.

6 484
-
6 484
-
total
10 846
-
6 484
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
19 500
-
-
trade
-
3 208
-
-
income
-
2 925
-
-
chamber of commerce
-
171
-
-
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.

-
160
-
-
total
-
6 464
-
-
Dividends
-
13 036
-
-
withholding
-
2 898
-
-
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.

-
158
-
-
total
-
3 056
-
-
Income
19 500
19 500
19 500
19 500
Total tax
10 846
9 520
6 484
6 484
After tax
8 654
9 980
13 016
13 016
Living cost
37 285
37 285
37 285
37 285
Free-cash
-28 631
-27 305
-24 269
-24 269

Estimated living cost  is ₽37285 per week

₽24937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3932
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.
₽7860
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17834
-₽32747
-₽27558
-₽24449
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 081
health
-
-
-
920
social contributions
-
-
-
5 629
income
-
-
-
-
total
-
-
-
6 549
Employee
72 983
72 983
72 983
-
social contributions
3 546
6 057
2 042
-
income
7 664
6 756
8 206
-
health
726
1 241
418
-
total
11 936
14 054
10 666
-
Employer
72 983
72 983
72 983
-
social contributions
3 546
6 057
2 042
-
health
791
1 351
456
-
total
4 337
7 408
2 498
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
19 500
19 500
19 500
19 500
Total tax
16 273
21 462
13 164
6 549
After tax
3 227
-1 962
6 336
12 951
Living cost
30 785
30 785
30 785
30 785
Free-cash
-27 558
-32 747
-24 449
-17 834

Estimated living cost  is ₽30785 per week

₽21044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6819
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3929
-₽6171
-₽10581
-₽6134
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 500
pensions
-
-
-
1 950
health
-
-
-
1 365
unemployment
-
-
-
292
income
-
-
-
2 384
total
-
-
-
5 991
Employee

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

The minimum wage is 138,000 HUF per month.

25 172
10 018
16 318
-
pensions
2 517
1 002
1 632
-
unemployment
378
150
245
-
income
3 077
1 225
1 995
-
health
1 762
701
1 142
-
total
7 734
3 078
5 014
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 172
10 018
16 318
-
pensions
4 909
1 954
3 182
-
total
4 909
1 954
3 182
-
Corporate
-
7 528
-
-
income
-
678
-
-
total
-
678
-
-
Dividends
-
6 851
-
-
withholding
-
1 302
-
-
social contributions
-
1 221
-
-
total
-
2 523
-
-
Income
19 500
19 500
19 500
19 500
Total tax
12 643
8 233
8 196
5 991
After tax
6 857
11 267
11 304
13 509
Living cost
17 438
17 438
17 438
17 438
Free-cash
-10 581
-6 171
-6 134
-3 929

Estimated living cost  is ₽17438 per week

₽11900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽348
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3763
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10310
-₽7324
-₽16526
-₽9523
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 500
pensions
-
-
-
3 899
health
-
-
-
2 534
income
-
-
-
452
total
-
-
-
6 885
Employee
26 925
-
14 572
-
pensions
539
-
292
-
unemployment
430
-
232
-
income
3 031
-
648
-
total
4 000
-
1 172
-
Employer
26 925
-
14 572
-
pensions
5 385
-
2 914
-
unemployment
216
-
117
-
health
3 500
-
1 895
-
total
9 101
-
4 926
-
Corporate
-
19 500
-
-
income
-
3 899
-
-
total
-
3 899
-
-
Dividends
-
15 601
-
-
total
-
-
-
-
Income
19 500
19 500
19 500
19 500
Total tax
13 101
3 899
6 098
6 885
After tax
6 399
15 601
13 402
12 615
Living cost
22 925
22 925
22 925
22 925
Free-cash
-16 526
-7 324
-9 523
-10 310

Estimated living cost  is ₽22925 per week

₽15724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5375
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10684
-₽19622
-₽20649
-₽10905
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 500
pensions
-
-
-
4 010
health
-
-
-
2 102
other
-
-
-
357
accident
-
-
-
243
income
-
-
-
2 270
total
-
-
-
8 982
Employee
33 352
-
16 198
-
pensions
3 755
-
1 824
-
income
4 576
-
2 222
-
health
3 819
-
1 855
-
total
12 150
-
5 901
-
Employer
33 352
-
16 198
-
pensions
5 423
-
2 634
-
unemployment
817
-
397
-
accident
557
-
271
-
total
6 797
-
3 302
-
Corporate
-
19 500
-
-
income

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

-
17 550
-
-
total
-
17 550
-
-
Dividends
-
1 950
-
-
withholding
-
370
-
-
total
-
370
-
-
Income
19 500
19 500
19 500
19 500
Total tax
18 947
17 920
9 203
8 982
After tax
553
1 580
10 297
10 518
Living cost
21 202
21 202
21 202
21 202
Free-cash
-20 649
-19 622
-10 905
-10 684

Estimated living cost  is ₽21202 per week

₽15539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1175
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11540
₽10760
₽9304
₽7835
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
19 500
microenterprise

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

-
-
-
195
total
-
-
-
195
Employee
9 706
-
19 500
-
income
1 941
-
3 900
-
total
1 941
-
3 900
-
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%.

9 794
19 500
-
-
total
-
-
-
-
Dividends
9 794
19 500
-
-
withholding
490
975
-
-
total
490
975
-
-
Income
19 500
19 500
19 500
19 500
Total tax
2 431
975
3 900
195
After tax
17 069
18 525
15 600
19 305
Living cost
7 765
7 765
7 765
7 765
Free-cash
9 304
10 760
7 835
11 540

Estimated living cost  is ₽7765 per week

₽4812
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽213
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14731
-₽10965
-₽23648
-₽13860
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 500
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.

-
-
-
4 681
health
-
-
-
857
other
-
-
-
926
income
-
-
-
2 477
total
-
-
-
8 941
Employee
34 461
-
15 575
-
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.

2 412
-
1 090
-
unemployment
344
-
155
-
income
5 933
-
2 682
-
health
483
-
218
-
total
9 172
-
4 145
-
Employer
34 461
-
15 575
-
pensions

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

5 859
-
2 648
-
other
1 724
-
780
-
unemployment
344
-
155
-
accident
276
-
124
-
health
483
-
218
-
total
8 686
-
3 925
-
Corporate
-
19 500
-
-
income
-
4 096
-
-
total
-
4 096
-
-
Dividends
-
15 404
-
-
withholding
-
1 079
-
-
total
-
1 079
-
-
Income
19 500
19 500
19 500
19 500
Total tax
17 858
5 175
8 070
8 941
After tax
1 642
14 325
11 430
10 559
Living cost
25 290
25 290
25 290
25 290
Free-cash
-23 648
-10 965
-13 860
-14 731

Estimated living cost  is ₽25290 per week

₽17869
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5306
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽47306
-₽48145
-₽81460
-₽48161
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 500
pensions
-
-
-
188
income
-
-
-
3 862
total
-
-
-
4 050
Employee
88 790
-
18 384
-
pensions
8 566
-
118
-
income
16 005
-
3 650
-
health
1 463
-
21
-
total
26 034
-
3 789
-
Employer
88 790
-
18 384
-
pensions
10 484
-
767
-
health
1 686
-
349
-
total
12 170
-
1 116
-
Corporate
-
19 500
-
-
income

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

-
3 705
-
-
total
-
3 705
-
-
Dividends
-
15 795
-
-
withholding
-
1 184
-
-
total
-
1 184
-
-
Income
19 500
19 500
19 500
19 500
Total tax
38 204
4 889
4 905
4 050
After tax
-18 704
14 611
14 595
15 450
Living cost
62 756
62 756
62 756
62 756
Free-cash
-81 460
-48 145
-48 161
-47 306

Estimated living cost  is ₽62756 per week

₽47024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7373
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7849
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽1069
₽4236
-₽199
-₽126
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 500
pensions

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

-
-
-
2 886
health
-
-
-
2 243
unemployment
-
-
-
78
income
-
-
-
2 925
total
-
-
-
8 132
Employee
16 468
-
16 302
-
accident

We are using the highest rate at 1.1%.

181
-
179
-
pensions

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

1 446
-
1 431
-
income
1 647
-
1 630
-
health
757
-
750
-
total
4 031
-
3 990
-
Employer
16 468
-
16 302
-
pensions

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

1 815
-
1 797
-
unemployment
98
-
98
-
accident

We are using the highest rate at 1.1%.

181
-
179
-
health
1 137
-
1 125
-
total
3 231
-
3 199
-
Corporate
-
19 500
-
-
income
-
1 950
-
-
total
-
1 950
-
-
Dividends
-
17 550
-
-
withholding
-
877
-
-
total
-
877
-
-
Income
19 500
19 500
19 500
19 500
Total tax
7 262
2 827
7 189
8 132
After tax
12 238
16 673
12 311
11 368
Living cost
12 437
12 437
12 437
12 437
Free-cash
-199
4 236
-126
-1 069

Estimated living cost  is ₽12437 per week

₽7261
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽330
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽41387
-₽82292
-₽83902
-₽87619
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 500
pensions
-
-
-
3 510
health
-
-
-
2 993
income
-
-
-
1 754
total
-
-
-
8 257
Employee
87 995
81 051
81 051
-
pensions
11 120
11 120
14 589
-
income

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

13 267
13 267
13 267
-
health
10 978
10 582
12 440
-
total
35 365
34 969
40 296
-
Employer
87 995
81 051
81 051
-
pensions
6 124
5 641
5 641
-
unemployment
3 168
2 918
2 918
-
health
6 115
5 634
5 634
-
total
15 407
14 193
14 193
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
19 500
19 500
19 500
19 500
Total tax
50 772
49 162
54 489
8 257
After tax
-31 272
-29 662
-34 989
11 243
Living cost
52 630
52 630
52 630
52 630
Free-cash
-83 902
-82 292
-87 619
-41 387

Estimated living cost  is ₽52630 per week

₽38823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽603
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8503
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14083
-₽10155
-₽26968
-₽13686
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 500
health
-
-
-
2 632
social contributions
-
-
-
5 694
solidarity contribution
-
-
-
-
income
-
-
-
1 676
total
-
-
-
10 002
Employee
34 678
-
14 552
-
social contributions
2 254
-
946
-
income
4 161
-
1 746
-
solidarity contribution
-
-
-
-
health
4 682
-
1 965
-
total
11 097
-
4 657
-
Employer
34 678
-
14 552
-
social contributions
8 669
-
3 638
-
health
3 121
-
1 310
-
total
11 790
-
4 948
-
Corporate
-
19 500
-
-
income
-
3 705
-
-
total
-
3 705
-
-
Dividends
-
15 795
-
-
withholding
-
2 369
-
-
total
-
2 369
-
-
Income
19 500
19 500
19 500
19 500
Total tax
22 887
6 074
9 605
10 002
After tax
-3 387
13 426
9 895
9 498
Living cost
23 581
23 581
23 581
23 581
Free-cash
-26 968
-10 155
-13 686
-14 083

Estimated living cost  is ₽23581 per week

₽16380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30945
-₽29644
-₽64851
-₽32660
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 500
municipal
-
-
-
97
regional
-
-
-
149
social contributions
-
-
-
7 356
national
-
-
-
2 794
total
-
-
-
10 396
Employee
84 352
-
19 500
-
social contributions
28 443
-
9 643
-
municipal
447
-
79
-
regional
796
-
121
-
national
14 616
-
2 268
-
total
44 302
-
12 111
-
Employer
84 352
-
19 500
-
total
-
-
-
-
Corporate
-
19 500
-
-
nationa
-
4 679
-
-
municipal
-
760
-
-
total
-
5 439
-
-
Dividends
-
14 061
-
-
withholding
-
3 656
-
-
total
-
3 656
-
-
Income
19 500
19 500
19 500
19 500
Total tax
44 302
9 095
12 111
10 396
After tax
-24 802
10 405
7 389
9 104
Living cost
40 049
40 049
40 049
40 049
Free-cash
-64 851
-29 644
-32 660
-30 945

Estimated living cost  is ₽40049 per week

₽27917
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2626
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8890
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9743
-₽8679
-₽18494
-₽10142
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 500
pensions
-
-
-
3 899
health
-
-
-
1 383
surtax
-
-
-
-
other
-
-
-
-
unemployment
-
-
-
216
income
-
-
-
2 801
total
-
-
-
8 299
Employee
31 387
-
16 108
-
surtax
103
-
-
-
pensions
2 093
-
1 075
-
other
-
-
-
-
unemployment
2 185
-
1 120
-
income
5 261
-
2 700
-
health
802
-
411
-
total
10 444
-
5 306
-
Employer
31 387
-
16 108
-
pensions
4 184
-
2 147
-
other
-
-
-
-
unemployment
994
-
512
-
health
1 428
-
733
-
total
6 606
-
3 392
-
Corporate
-
19 500
-
-
income
-
5 070
-
-
total
-
5 070
-
-
Dividends
-
14 430
-
-
withholding
-
2 165
-
-
total
-
2 165
-
-
Income
19 500
19 500
19 500
19 500
Total tax
17 050
7 235
8 698
8 299
After tax
2 450
12 265
10 802
11 201
Living cost
20 944
20 944
20 944
20 944
Free-cash
-18 494
-8 679
-10 142
-9 743

Estimated living cost  is ₽20944 per week

₽12806
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5722
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27423
-₽28262
-₽47576
-₽28278
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 500
pensions
-
-
-
188
income
-
-
-
3 862
total
-
-
-
4 050
Employee
59 505
-
18 384
-
pensions
5 051
-
118
-
income
10 717
-
3 650
-
health
864
-
21
-
total
16 632
-
3 789
-
Employer
59 505
-
18 384
-
pensions
6 441
-
767
-
health
1 130
-
349
-
total
7 571
-
1 116
-
Corporate
-
19 500
-
-
income

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

-
3 705
-
-
total
-
3 705
-
-
Dividends
-
15 795
-
-
withholding
-
1 184
-
-
total
-
1 184
-
-
Income
19 500
19 500
19 500
19 500
Total tax
24 203
4 889
4 905
4 050
After tax
-4 703
14 611
14 595
15 450
Living cost
42 873
42 873
42 873
42 873
Free-cash
-47 576
-28 262
-28 278
-27 423

Estimated living cost  is ₽42873 per week

₽32120
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3213
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7090
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽59070
-₽66939
-₽77729
-₽61917
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 500
regional
-
-
-
80
city
-
-
-
203
pensions
-
-
-
1 794
health
-
-
-
247
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.

-
-
-
390
national
-
-
-
-
total
-
-
-
2 714
Employee
88 772
-
16 463
-
regional
2 907
-
14
-
national
420
-
-
-
pensions
7 458
-
2 490
-
unemployment
-
-
-
-
city
953
-
164
-
health
201
-
37
-
total
11 939
-
2 705
-
Employer
88 772
-
16 463
-
pensions
7 458
-
2 490
-
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.

1 775
-
329
-
unemployment
-
-
-
-
health
201
-
37
-
total
9 434
-
2 856
-
Corporate
-
19 500
-
-
regional
-
4 124
-
-
national
-
1 658
-
-
total
-
5 782
-
-
Dividends
-
13 718
-
-
withholding
-
4 801
-
-
total
-
4 801
-
-
Income
19 500
19 500
19 500
19 500
Total tax
21 373
10 583
5 561
2 714
After tax
-1 873
8 917
13 939
16 786
Living cost
75 856
75 856
75 856
75 856
Free-cash
-77 729
-66 939
-61 917
-59 070

Estimated living cost  is ₽75856 per week

₽49328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽931
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18789
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽30464
-₽33602
-₽37540
-₽30464
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
19 500
trade
-
-
-
-
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.

-
-
-
6 484
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.

-
-
-
-
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.

-
-
-
-
total
-
-
-
6 484
Employee

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

57 040
-
19 500
-
surtax

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

369
-
-
-
income

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

6 707
-
-
-
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.

6 484
-
6 484
-
total
13 560
-
6 484
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
19 500
-
-
trade
-
3 345
-
-
income
-
2 925
-
-
chamber of commerce
-
171
-
-
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.

-
160
-
-
total
-
6 601
-
-
Dividends
-
12 899
-
-
withholding
-
2 864
-
-
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.

-
157
-
-
total
-
3 021
-
-
Income
19 500
19 500
19 500
19 500
Total tax
13 560
9 622
6 484
6 484
After tax
5 940
9 878
13 016
13 016
Living cost
43 480
43 480
43 480
43 480
Free-cash
-37 540
-33 602
-30 464
-30 464

Estimated living cost  is ₽43480 per week

₽31756
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3478
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7682
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20957
-₽22644
-₽33804
-₽19717
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 500
pensions
-
-
-
6 571
health
-
-
-
254
surtax
-
-
-
-
other
-
-
-
605
social contributions
-
-
-
555
income
-
-
-
-
total
-
-
-
7 985
Employee
40 621
-
14 858
-
social contributions
1 158
-
425
-
surtax
-
-
-
-
pensions
4 593
-
1 680
-
income
2 397
-
-
-
total
8 148
-
2 105
-
Employer
40 621
-
14 858
-
pensions
6 673
-
2 441
-
social contributions
122
-
45
-
other
1 401
-
513
-
unemployment
1 644
-
602
-
health
2 844
-
1 039
-
total
12 684
-
4 640
-
Corporate
-
19 500
-
-
income
-
5 459
-
-
surtax
-
-
-
-
total
-
5 459
-
-
Dividends
-
14 041
-
-
withholding
-
1 798
-
-
surtax
-
-
-
-
social contributions
-
2 415
-
-
total
-
4 213
-
-
Income
19 500
19 500
19 500
19 500
Total tax
20 832
9 672
6 745
7 985
After tax
-1 332
9 828
12 755
11 515
Living cost
32 472
32 472
32 472
32 472
Free-cash
-33 804
-22 644
-19 717
-20 957

Estimated living cost  is ₽32472 per week

₽20475
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2640
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.
₽8806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17740
-₽19427
-₽28084
-₽16500
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 500
pensions
-
-
-
6 571
health
-
-
-
254
surtax
-
-
-
-
other
-
-
-
605
social contributions
-
-
-
555
income
-
-
-
-
total
-
-
-
7 985
Employee
36 260
-
14 858
-
social contributions
1 034
-
425
-
surtax
-
-
-
-
pensions
4 101
-
1 680
-
income
1 870
-
-
-
total
7 005
-
2 105
-
Employer
36 260
-
14 858
-
pensions
5 958
-
2 441
-
social contributions
108
-
45
-
other
1 252
-
513
-
unemployment
1 468
-
602
-
health
2 538
-
1 039
-
total
11 324
-
4 640
-
Corporate
-
19 500
-
-
income
-
5 459
-
-
surtax
-
-
-
-
total
-
5 459
-
-
Dividends
-
14 041
-
-
withholding
-
1 798
-
-
surtax
-
-
-
-
social contributions
-
2 415
-
-
total
-
4 213
-
-
Income
19 500
19 500
19 500
19 500
Total tax
18 329
9 672
6 745
7 985
After tax
1 171
9 828
12 755
11 515
Living cost
29 255
29 255
29 255
29 255
Free-cash
-28 084
-19 427
-16 500
-17 740

Estimated living cost  is ₽29255 per week

₽16967
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2972
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8762
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7604
-₽8228
-₽15174
-₽9733
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 500
health
-
-
-
1 362
social contributions
-
-
-
2 691
income
-
-
-
2 925
total
-
-
-
6 978
Employee
32 181
-
19 500
-
social contributions
4 442
-
2 691
-
income
5 367
-
5 054
-
health
2 246
-
1 362
-
total
12 055
-
9 107
-
Employer
32 181
-
19 500
-
total
-
-
-
-
Corporate
-
19 500
-
-
income

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

-
974
-
-
total
-
974
-
-
Dividends
-
18 526
-
-
withholding
-
2 779
-
-
social contributions
1 655
2 556
-
-
health
838
1 293
-
-
total
2 493
6 628
-
-
Income
19 500
19 500
19 500
19 500
Total tax
14 548
7 602
9 107
6 978
After tax
4 952
11 898
10 393
12 522
Living cost
20 126
20 126
20 126
20 126
Free-cash
-15 174
-8 228
-9 733
-7 604

Estimated living cost  is ₽20126 per week

₽13469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4951
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽25127
-₽35557
-₽42670
-₽28970
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 500
pensions
-
-
-
3 608
health
-
-
-
1 491
surtax
-
-
-
187
unemployment
-
-
-
5 821
income
-
-
-
-
chamber of commerce
-
-
-
77
total
-
-
-
11 184
Employee
47 433
37 824
37 824
-
pensions
4 858
3 872
1 396
-
other
474
378
137
-
unemployment
1 423
1 135
409
-
income
5 400
2 790
4 179
-
health
1 835
1 464
528
-
total
13 990
9 639
6 649
-
Employer
47 433
37 824
37 824
-
payroll
1 423
1 135
1 135
-
chamber of commerce
189
151
151
-
pensions
5 953
4 748
1 709
-
surtax
187
187
187
-
other
2 253
1 796
1 590
-
unemployment
1 423
1 135
409
-
accident
616
492
177
-
health
1 792
1 430
515
-
total
13 836
11 074
5 873
-
Corporate
3 602
3 602
10 024
-
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.

901
901
2 505
-
total
901
901
2 505
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
19 500
19 500
19 500
19 500
Total tax
28 727
21 614
15 027
11 184
After tax
-9 227
-2 114
4 473
8 316
Living cost
33 443
33 443
33 443
33 443
Free-cash
-42 670
-35 557
-28 970
-25 127

Estimated living cost  is ₽33443 per week

₽22305
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2853
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7736
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24604
-₽23394
-₽68155
-₽25543
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 500
social contributions
-
-
-
5 004
communal

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

-
-
-
870
national
-
-
-
3 624
total
-
-
-
9 498
Employee

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

67 891
-
15 102
-
national
20 872
-
3 282
-
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.

5 092
-
1 133
-
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.

591
-
131
-
communal

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

3 541
-
787
-
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.

3 190
-
710
-
total
33 286
-
6 043
-
Employer

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

67 891
-
15 102
-
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.

6 016
-
1 338
-
surtax
7 698
-
1 711
-
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.

991
-
220
-
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.

883
-
196
-
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.

4 175
-
929
-
total
19 763
-
4 394
-
Corporate
-
19 500
-
-
income
-
3 899
-
-
surtax
-
77
-
-
total
-
3 976
-
-
Dividends
-
15 523
-
-
withholding

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

-
4 312
-
-
total
-
4 312
-
-
Income
19 500
19 500
19 500
19 500
Total tax
53 049
8 288
10 437
9 498
After tax
-33 549
11 212
9 063
10 002
Living cost
34 606
34 606
34 606
34 606
Free-cash
-68 155
-23 394
-25 543
-24 604

Estimated living cost  is ₽34606 per week

₽22291
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3026
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8748
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23440
-₽20967
-₽42805
-₽28298
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 500
pensions
-
-
-
5 776
other
-
-
-
20
unemployment
-
-
-
142
accident
-
-
-
184
income
-
-
-
2 541
total
-
-
-
8 663
Employee
47 245
-
9 396
-
pensions
2 221
-
1 490
-
other
47
-
32
-
unemployment
733
-
492
-
income
9 968
-
1 403
-
total
12 969
-
3 417
-
Employer
47 245
-
9 396
-
pensions
11 149
-
7 480
-
other
376
-
254
-
unemployment
2 599
-
1 743
-
accident
935
-
627
-
total
15 059
-
10 104
-
Corporate
-
19 500
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

-
2 925
-
-
total
-
2 925
-
-
Dividends
-
16 575
-
-
withholding
-
3 265
-
-
total
-
3 265
-
-
Income
19 500
19 500
19 500
19 500
Total tax
28 028
6 190
13 521
8 663
After tax
-8 528
13 310
5 979
10 837
Living cost
34 277
34 277
34 277
34 277
Free-cash
-42 805
-20 967
-28 298
-23 440

Estimated living cost  is ₽34277 per week

₽25241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2432
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽43692
-₽38237
-₽60963
-₽43694
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 500
pensions
-
-
-
7 226
health
-
-
-
3 386
surtax
-
-
-
594
accident
-
-
-
407
communal
-
-
-
-
income
-
-
-
-
total
-
-
-
11 613
Employee
71 876
-
14 102
-
surtax
4 406
-
594
-
pensions
5 749
-
3 613
-
income
6 942
-
-
-
health
3 199
-
2 010
-
total
20 296
-
6 217
-
Employer
71 876
-
14 102
-
pensions
5 749
-
3 613
-
accident
647
-
407
-
health
2 192
-
1 378
-
total
8 588
-
5 398
-
Corporate
-
19 500
-
-
communal
-
-
-
-
income
-
2 925
-
-
surtax
-
205
-
-
total
-
3 130
-
-
Dividends
-
16 370
-
-
withholding
-
2 455
-
-
income
-
573
-
-
total
-
3 028
-
-
Income
19 500
19 500
19 500
19 500
Total tax
28 884
6 158
11 615
11 613
After tax
-9 384
13 342
7 885
7 887
Living cost
51 579
51 579
51 579
51 579
Free-cash
-60 963
-38 237
-43 694
-43 692

Estimated living cost  is ₽51579 per week

₽38692
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3125
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10117
-₽9053
-₽19191
-₽10516
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 500
pensions
-
-
-
3 899
health
-
-
-
1 383
surtax
-
-
-
-
other
-
-
-
-
unemployment
-
-
-
216
income
-
-
-
2 801
total
-
-
-
8 299
Employee
31 963
-
16 108
-
surtax
113
-
-
-
pensions
2 133
-
1 075
-
other
-
-
-
-
unemployment
2 224
-
1 120
-
income
5 358
-
2 700
-
health
816
-
411
-
total
10 644
-
5 306
-
Employer
31 963
-
16 108
-
pensions
4 261
-
2 147
-
other
-
-
-
-
unemployment
1 014
-
512
-
health
1 454
-
733
-
total
6 729
-
3 392
-
Corporate
-
19 500
-
-
income
-
5 070
-
-
total
-
5 070
-
-
Dividends
-
14 430
-
-
withholding
-
2 165
-
-
total
-
2 165
-
-
Income
19 500
19 500
19 500
19 500
Total tax
17 373
7 235
8 698
8 299
After tax
2 127
12 265
10 802
11 201
Living cost
21 318
21 318
21 318
21 318
Free-cash
-19 191
-9 053
-10 516
-10 117

Estimated living cost  is ₽21318 per week

₽12871
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1853
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.
₽6100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16561
-₽15317
-₽33150
-₽18257
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 500
municipal
-
-
-
97
regional
-
-
-
247
social contributions
-
-
-
7 356
national
-
-
-
2 794
total
-
-
-
10 494
Employee
52 649
-
19 500
-
social contributions
17 754
-
9 643
-
municipal
279
-
79
-
regional
709
-
200
-
national
8 341
-
2 268
-
total
27 083
-
12 190
-
Employer
52 649
-
19 500
-
total
-
-
-
-
Corporate
-
19 500
-
-
nationa
-
4 679
-
-
municipal
-
969
-
-
total
-
5 648
-
-
Dividends
-
13 852
-
-
withholding
-
3 602
-
-
total
-
3 602
-
-
Income
19 500
19 500
19 500
19 500
Total tax
27 083
9 250
12 190
10 494
After tax
-7 583
10 250
7 310
9 006
Living cost
25 567
25 567
25 567
25 567
Free-cash
-33 150
-15 317
-18 257
-16 561

Estimated living cost  is ₽25567 per week

₽15900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2590
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6639
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19560
-₽15632
-₽37762
-₽19163
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 500
health
-
-
-
2 632
social contributions
-
-
-
5 694
solidarity contribution
-
-
-
-
income
-
-
-
1 676
total
-
-
-
10 002
Employee
42 732
-
14 552
-
social contributions
2 778
-
946
-
income
5 128
-
1 746
-
solidarity contribution
-
-
-
-
health
5 769
-
1 965
-
total
13 675
-
4 657
-
Employer
42 732
-
14 552
-
social contributions
10 683
-
3 638
-
health
3 846
-
1 310
-
total
14 529
-
4 948
-
Corporate
-
19 500
-
-
income
-
3 705
-
-
total
-
3 705
-
-
Dividends
-
15 795
-
-
withholding
-
2 369
-
-
total
-
2 369
-
-
Income
19 500
19 500
19 500
19 500
Total tax
28 204
6 074
9 605
10 002
After tax
-8 704
13 426
9 895
9 498
Living cost
29 058
29 058
29 058
29 058
Free-cash
-37 762
-15 632
-19 163
-19 560

Estimated living cost  is ₽29058 per week

₽21609
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1610
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.
₽5336
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21777
-₽32207
-₽34831
-₽25711
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 500
pensions
-
-
-
3 608
health
-
-
-
1 491
surtax
-
-
-
-
unemployment
-
-
-
5 821
income
-
-
-
-
chamber of commerce
-
-
-
77
total
-
-
-
10 997
Employee
41 489
37 824
37 824
-
pensions
4 249
3 872
1 410
-
other
414
378
139
-
unemployment
1 245
1 135
414
-
income
3 696
2 790
4 170
-
health
1 605
1 464
533
-
total
11 209
9 639
6 666
-
Employer
41 489
37 824
37 824
-
payroll
1 245
1 135
1 135
-
chamber of commerce
166
151
151
-
pensions
5 207
4 748
1 729
-
surtax
-
-
-
-
other
1 970
1 796
1 592
-
unemployment
1 245
1 135
414
-
accident
539
492
178
-
health
1 569
1 430
521
-
total
11 941
10 887
5 720
-
Corporate
3 602
3 602
10 177
-
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.

901
901
2 545
-
total
901
901
2 545
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
19 500
19 500
19 500
19 500
Total tax
24 051
21 427
14 931
10 997
After tax
-4 551
-1 927
4 569
8 503
Living cost
30 280
30 280
30 280
30 280
Free-cash
-34 831
-32 207
-25 711
-21 777

Estimated living cost  is ₽30280 per week

₽18164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3093
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8483
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7205
₽6425
₽4156
₽3500
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
19 500
microenterprise

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

-
-
-
195
total
-
-
-
195
Employee
15 125
-
19 500
-
income
3 025
-
3 900
-
total
3 025
-
3 900
-
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%.

4 375
19 500
-
-
total
-
-
-
-
Dividends
4 375
19 500
-
-
withholding
219
975
-
-
total
219
975
-
-
Income
19 500
19 500
19 500
19 500
Total tax
3 244
975
3 900
195
After tax
16 256
18 525
15 600
19 305
Living cost
12 100
12 100
12 100
12 100
Free-cash
4 156
6 425
3 500
7 205

Estimated living cost  is ₽12100 per week

₽8188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽508
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2998
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13704
-₽12030
-₽29005
-₽14417
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
19 500
pensions
-
-
-
3 561
health
-
-
-
1 918
unemployment
-
-
-
29
income
-
-
-
2 239
total
-
-
-
7 747
Employee

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

41 970
-
16 872
-
pensions
6 506
-
2 615
-
unemployment
59
-
23
-
income
7 238
-
2 104
-
health
2 711
-
1 090
-
total
16 514
-
5 832
-
Employer

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

41 970
-
16 872
-
pensions
3 714
-
1 493
-
unemployment
25
-
11
-
health
2 795
-
1 124
-
total
6 534
-
2 628
-
Corporate
-
19 500
-
-
income
-
3 705
-
-
total
-
3 705
-
-
Dividends
-
15 795
-
-
withholding
-
2 368
-
-
total
-
2 368
-
-
Income
19 500
19 500
19 500
19 500
Total tax
23 048
6 073
8 460
7 747
After tax
-3 548
13 427
11 040
11 753
Living cost
25 457
25 457
25 457
25 457
Free-cash
-29 005
-12 030
-14 417
-13 704

Estimated living cost  is ₽25457 per week

₽17471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1632
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27962
-₽29574
-₽123694
-₽36082
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 500
social contributions
-
-
-
2 223
income
-
-
-
3 801
total
-
-
-
6 024
Employee
59 417
-
7 560
-
social contributions
4 872
-
694
-
income
13 106
-
1 510
-
total
17 978
-
2 204
-
Employer
59 417
-
7 560
-
social contributions
83 778
-
11 940
-
total
83 778
-
11 940
-
Corporate
-
19 500
-
-
income
-
4 290
-
-
total
-
4 290
-
-
Dividends
-
15 210
-
-
income
-
3 346
-
-
total
-
3 346
-
-
Income
19 500
19 500
19 500
19 500
Total tax
101 756
7 636
14 144
6 024
After tax
-82 256
11 864
5 356
13 476
Living cost
41 438
41 438
41 438
41 438
Free-cash
-123 694
-29 574
-36 082
-27 962

Estimated living cost  is ₽41438 per week

₽26887
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3897
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.
₽10126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18185
-₽18681
-₽34520
-₽17887
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
19 500
surtax
-
-
-
-
social contributions

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

-
-
-
6 776
income
-
-
-
1 138
total
-
-
-
7 914
Employee
43 652
-
15 757
-
social contributions
4 802
-
1 733
-
surtax
-
-
-
-
income
9 080
-
2 140
-
total
13 882
-
3 873
-
Employer
43 652
-
15 757
-
social contributions
10 367
-
3 743
-
total
10 367
-
3 743
-
Corporate
-
19 500
-
-
income
-
4 096
-
-
surtax
-
-
-
-
total
-
4 096
-
-
Dividends
-
15 404
-
-
withholding
-
4 314
-
-
total
-
4 314
-
-
Income
19 500
19 500
19 500
19 500
Total tax
24 249
8 410
7 616
7 914
After tax
-4 749
11 090
11 884
11 586
Living cost
29 771
29 771
29 771
29 771
Free-cash
-34 520
-18 681
-17 887
-18 185

Estimated living cost  is ₽29771 per week

₽22275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽34326
-₽36013
-₽58511
-₽33086
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 500
pensions
-
-
-
6 571
health
-
-
-
254
surtax
-
-
-
-
other
-
-
-
605
social contributions
-
-
-
555
income
-
-
-
-
total
-
-
-
7 985
Employee
59 445
-
14 858
-
social contributions
1 693
-
425
-
surtax
-
-
-
-
pensions
6 724
-
1 680
-
income
5 187
-
-
-
total
13 604
-
2 105
-
Employer
59 445
-
14 858
-
pensions
9 768
-
2 441
-
social contributions
178
-
45
-
other
2 051
-
513
-
unemployment
2 408
-
602
-
health
4 161
-
1 039
-
total
18 566
-
4 640
-
Corporate
-
19 500
-
-
income
-
5 459
-
-
surtax
-
-
-
-
total
-
5 459
-
-
Dividends
-
14 041
-
-
withholding
-
1 798
-
-
surtax
-
-
-
-
social contributions
-
2 415
-
-
total
-
4 213
-
-
Income
19 500
19 500
19 500
19 500
Total tax
32 170
9 672
6 745
7 985
After tax
-12 670
9 828
12 755
11 515
Living cost
45 841
45 841
45 841
45 841
Free-cash
-58 511
-36 013
-33 086
-34 326

Estimated living cost  is ₽45841 per week

₽31024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3750
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10438
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13320
-₽10981
-₽15743
-₽12744
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 500
social contributions
-
-
-
4 290
income
-
-
-
-
total
-
-
-
4 290
Employee
30 513
-
16 883
-
social contributions
1 983
-
1 097
-
income
-
-
-
-
total
1 983
-
1 097
-
Employer
30 513
-
16 883
-
social contributions
4 730
-
2 617
-
total
4 730
-
2 617
-
Corporate
-
19 500
-
-
income
-
1 951
-
-
total
-
1 951
-
-
Dividends
-
17 549
-
-
total
-
-
-
-
Income
19 500
19 500
19 500
19 500
Total tax
6 713
1 951
3 714
4 290
After tax
12 787
17 549
15 786
15 210
Living cost
28 530
28 530
28 530
28 530
Free-cash
-15 743
-10 981
-12 744
-13 320

Estimated living cost  is ₽28530 per week

₽18447
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7395
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
-₽30747
-₽187041
-₽187041
-₽187041
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 500
municipal
-
-
-
1 357
pensions
-
-
-
822
labour market
-
-
-
1 494
national
-
-
-
920
total
-
-
-
4 593
Employee
192 696
192 696
192 696
-
municipal
41 033
41 033
41 033
-
national
23 541
23 541
23 541
-
pensions
274
274
274
-
labour market
15 394
15 394
15 394
-
total
80 242
80 242
80 242
-
Employer
192 696
192 696
192 696
-
labour market
15 416
15 416
15 416
-
pensions
548
548
548
-
municipal
41 099
41 099
41 099
-
national
23 582
23 582
23 582
-
total
80 645
80 645
80 645
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
19 500
19 500
19 500
19 500
Total tax
160 887
160 887
160 887
4 593
After tax
-141 387
-141 387
-141 387
14 907
Living cost
45 654
45 654
45 654
45 654
Free-cash
-187 041
-187 041
-187 041
-30 747

Estimated living cost  is ₽45654 per week

₽31246
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4039
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽702
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9667
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10371
-₽19309
-₽20057
-₽10592
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 500
pensions
-
-
-
4 010
health
-
-
-
2 102
other
-
-
-
357
accident
-
-
-
243
income
-
-
-
2 270
total
-
-
-
8 982
Employee
32 860
-
16 198
-
pensions
3 700
-
1 824
-
income
4 508
-
2 222
-
health
3 763
-
1 855
-
total
11 971
-
5 901
-
Employer
32 860
-
16 198
-
pensions
5 343
-
2 634
-
unemployment
805
-
397
-
accident
549
-
271
-
total
6 697
-
3 302
-
Corporate
-
19 500
-
-
income

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

-
17 550
-
-
total
-
17 550
-
-
Dividends
-
1 950
-
-
withholding
-
370
-
-
total
-
370
-
-
Income
19 500
19 500
19 500
19 500
Total tax
18 668
17 920
9 203
8 982
After tax
832
1 580
10 297
10 518
Living cost
20 889
20 889
20 889
20 889
Free-cash
-20 057
-19 309
-10 592
-10 371

Estimated living cost  is ₽20889 per week

₽15205
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1191
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽392
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20449
-₽22944
-₽39856
-₽24097
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
19 500
municipal
-
-
-
3 510
health
-
-
-
-
national
-
-
-
-
total
-
-
-
3 510
Employee
49 935
-
16 406
-
municipal
8 179
-
2 709
-
national
825
-
-
-
pensions
3 370
-
1 108
-
unemployment
749
-
247
-
health
373
-
-
-
total
13 496
-
4 064
-
Employer
49 935
-
16 406
-
pensions
8 663
-
2 846
-
unemployment
324
-
106
-
accident
50
-
16
-
health
384
-
126
-
total
9 421
-
3 094
-
Corporate
-
19 500
-
-
income
-
3 899
-
-
total
-
3 899
-
-
Dividends

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

-
11 700
-
-
municipal
-
2 106
-
-
national
-
-
-
-
total
-
2 106
-
-
Income
19 500
19 500
19 500
19 500
Total tax
22 917
6 005
7 158
3 510
After tax
-3 417
13 495
12 342
15 990
Living cost
36 439
36 439
36 439
36 439
Free-cash
-39 856
-22 944
-24 097
-20 449

Estimated living cost  is ₽36439 per week

₽23802
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3505
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.
₽8554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9024
-₽23937
-₽17120
-₽15639
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 081
health
-
-
-
920
social contributions
-
-
-
5 629
income
-
-
-
-
total
-
-
-
6 549
Employee
72 983
72 983
72 983
-
social contributions
2 759
6 057
2 042
-
income
7 947
6 756
8 206
-
health
566
1 241
418
-
total
11 272
14 054
10 666
-
Employer
72 983
72 983
72 983
-
social contributions
2 759
6 057
2 042
-
health
614
1 351
456
-
total
3 373
7 408
2 498
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
19 500
19 500
19 500
19 500
Total tax
14 645
21 462
13 164
6 549
After tax
4 855
-1 962
6 336
12 951
Living cost
21 975
21 975
21 975
21 975
Free-cash
-17 120
-23 937
-15 639
-9 024

Estimated living cost  is ₽21975 per week

₽13170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6163
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5969
₽1079
-₽4529
-₽2840
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 500
pensions
-
-
-
6 037
health
-
-
-
3 435
unemployment
-
-
-
27
income
-
-
-
901
total
-
-
-
10 400
Employee

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

21 785
-
17 679
-
pensions
3 267
-
2 651
-
unemployment
108
-
88
-
income
1 490
-
1 209
-
health
1 852
-
1 502
-
total
6 717
-
5 450
-
Employer

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

21 785
-
17 679
-
pensions
1 198
-
973
-
unemployment
108
-
88
-
health
937
-
760
-
total
2 243
-
1 821
-
Corporate
-
19 500
-
-
income
-
1 754
-
-
total
-
1 754
-
-
Dividends
-
17 746
-
-
withholding
-
1 598
-
-
total
-
1 598
-
-
Income
19 500
19 500
19 500
19 500
Total tax
8 960
3 352
7 271
10 400
After tax
10 540
16 148
12 229
9 100
Living cost
15 069
15 069
15 069
15 069
Free-cash
-4 529
1 079
-2 840
-5 969

Estimated living cost  is ₽15069 per week

₽9614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1086
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15263
-₽12790
-₽26783
-₽20121
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 500
pensions
-
-
-
5 776
other
-
-
-
20
unemployment
-
-
-
142
accident
-
-
-
184
income
-
-
-
2 541
total
-
-
-
8 663
Employee
35 094
-
9 396
-
pensions
1 650
-
1 490
-
other
34
-
32
-
unemployment
544
-
492
-
income
6 766
-
1 403
-
total
8 994
-
3 417
-
Employer
35 094
-
9 396
-
pensions
8 282
-
7 480
-
other
281
-
254
-
unemployment
1 931
-
1 743
-
accident
695
-
627
-
total
11 189
-
10 104
-
Corporate
-
19 500
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

-
2 925
-
-
total
-
2 925
-
-
Dividends
-
16 575
-
-
withholding
-
3 265
-
-
total
-
3 265
-
-
Income
19 500
19 500
19 500
19 500
Total tax
20 183
6 190
13 521
8 663
After tax
-683
13 310
5 979
10 837
Living cost
26 100
26 100
26 100
26 100
Free-cash
-26 783
-12 790
-20 121
-15 263

Estimated living cost  is ₽26100 per week

₽17617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2509
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9740
₽10319
₽10014
₽9609
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 500
pensions
-
-
-
1 349
health
-
-
-
978
income
-
-
-
5 584
total
-
-
-
7 911
Employee
2 817
-
17 982
-
pensions
254
-
607
-
unemployment
28
-
67
-
income
545
-
5 513
-
health
141
-
337
-
total
968
-
6 524
-
Employer
2 817
-
17 982
-
pensions
310
-
742
-
unemployment
56
-
135
-
health
268
-
641
-
total
634
-
1 518
-
Corporate
16 049
19 500
-
-
income
3 531
4 290
-
-
total
3 531
4 290
-
-
Dividends
12 518
15 210
-
-
withholding
2 504
3 042
-
-
total
2 504
3 042
-
-
Income
19 500
19 500
19 500
19 500
Total tax
7 637
7 332
8 042
7 911
After tax
11 863
12 168
11 458
11 589
Living cost
1 849
1 849
1 849
1 849
Free-cash
10 014
10 319
9 609
9 740

Estimated living cost  is ₽1849 per week

₽1099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽558
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5763
-₽2315
-₽9665
-₽4925
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
19 500
pensions
-
-
-
5 070
health
-
-
-
2 009
unemployment
-
-
-
292
income
-
-
-
1 488
total
-
-
-
8 859
Employee

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

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

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

24 737
-
16 539
-
pensions
3 463
-
2 316
-
unemployment
186
-
124
-
income
3 410
-
1 768
-
health
1 274
-
852
-
total
8 333
-
5 060
-
Employer

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

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

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

24 737
-
16 539
-
pensions
2 968
-
1 985
-
unemployment
186
-
124
-
health
1 274
-
852
-
total
4 428
-
2 961
-
Corporate
-
19 500
-
-
income
-
2 925
-
-
total
-
2 925
-
-
Dividends
-
16 575
-
-
withholding
-
2 486
-
-
total
-
2 486
-
-
Income
19 500
19 500
19 500
19 500
Total tax
12 761
5 411
8 021
8 859
After tax
6 739
14 089
11 479
10 641
Living cost
16 404
16 404
16 404
16 404
Free-cash
-9 665
-2 315
-4 925
-5 763

Estimated living cost  is ₽16404 per week

₽11045
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1269
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14001
-₽14497
-₽26086
-₽13703
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
19 500
surtax
-
-
-
-
social contributions

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

-
-
-
6 776
income
-
-
-
1 138
total
-
-
-
7 914
Employee
36 837
-
15 757
-
social contributions
4 053
-
1 733
-
surtax
-
-
-
-
income
7 198
-
2 140
-
total
11 251
-
3 873
-
Employer
36 837
-
15 757
-
social contributions
8 748
-
3 743
-
total
8 748
-
3 743
-
Corporate
-
19 500
-
-
income
-
4 096
-
-
surtax
-
-
-
-
total
-
4 096
-
-
Dividends
-
15 404
-
-
withholding
-
4 314
-
-
total
-
4 314
-
-
Income
19 500
19 500
19 500
19 500
Total tax
19 999
8 410
7 616
7 914
After tax
-499
11 090
11 884
11 586
Living cost
25 588
25 588
25 588
25 588
Free-cash
-26 086
-14 497
-13 703
-14 001

Estimated living cost  is ₽25588 per week

₽18123
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22519
-₽20046
-₽40954
-₽27377
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 500
pensions
-
-
-
5 776
other
-
-
-
20
unemployment
-
-
-
142
accident
-
-
-
184
income
-
-
-
2 541
total
-
-
-
8 663
Employee
45 838
-
9 396
-
pensions
2 154
-
1 490
-
other
45
-
32
-
unemployment
710
-
492
-
income
9 574
-
1 403
-
total
12 483
-
3 417
-
Employer
45 838
-
9 396
-
pensions
10 818
-
7 480
-
other
367
-
254
-
unemployment
2 522
-
1 743
-
accident
908
-
627
-
total
14 615
-
10 104
-
Corporate
-
19 500
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

-
2 925
-
-
total
-
2 925
-
-
Dividends
-
16 575
-
-
withholding
-
3 265
-
-
total
-
3 265
-
-
Income
19 500
19 500
19 500
19 500
Total tax
27 098
6 190
13 521
8 663
After tax
-7 598
13 310
5 979
10 837
Living cost
33 356
33 356
33 356
33 356
Free-cash
-40 954
-20 046
-27 377
-22 519

Estimated living cost  is ₽33356 per week

₽23955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6338
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4950
₽355
-₽6346
-₽4007
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 500
pensions

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

-
-
-
2 886
health
-
-
-
2 243
unemployment
-
-
-
78
income
-
-
-
2 925
total
-
-
-
8 132
Employee
21 607
-
16 302
-
accident

We are using the highest rate at 1.1%.

237
-
179
-
pensions

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

1 897
-
1 431
-
income
2 161
-
1 630
-
health
994
-
750
-
total
5 289
-
3 990
-
Employer
21 607
-
16 302
-
pensions

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

2 381
-
1 797
-
unemployment
130
-
98
-
accident

We are using the highest rate at 1.1%.

237
-
179
-
health
1 491
-
1 125
-
total
4 239
-
3 199
-
Corporate
-
19 500
-
-
income
-
1 950
-
-
total
-
1 950
-
-
Dividends
-
17 550
-
-
withholding
-
877
-
-
total
-
877
-
-
Income
19 500
19 500
19 500
19 500
Total tax
9 528
2 827
7 189
8 132
After tax
9 972
16 673
12 311
11 368
Living cost
16 318
16 318
16 318
16 318
Free-cash
-6 346
355
-4 007
-4 950

Estimated living cost  is ₽16318 per week

₽10793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽934
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23627
-₽26367
-₽27724
-₽23627
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
19 500
trade
-
-
-
-
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.

-
-
-
6 484
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.

-
-
-
-
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.

-
-
-
-
total
-
-
-
6 484
Employee

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

47 224
-
19 500
-
surtax

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

214
-
-
-
income

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

3 883
-
-
-
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.

6 484
-
6 484
-
total
10 581
-
6 484
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
19 500
-
-
trade
-
2 799
-
-
income
-
2 925
-
-
chamber of commerce
-
173
-
-
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.

-
160
-
-
total
-
6 057
-
-
Dividends
-
13 443
-
-
withholding
-
3 001
-
-
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.

-
166
-
-
total
-
3 167
-
-
Income
19 500
19 500
19 500
19 500
Total tax
10 581
9 224
6 484
6 484
After tax
8 919
10 276
13 016
13 016
Living cost
36 643
36 643
36 643
36 643
Free-cash
-27 724
-26 367
-23 627
-23 627

Estimated living cost  is ₽36643 per week

₽25277
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽35914
-₽40416
-₽54743
-₽35914
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 500
social contributions
-
-
-
420
income
-
-
-
928
total
-
-
-
1 348
Employee
74 242
-
19 500
-
social contributions
6 168
-
420
-
income
14 009
-
928
-
total
20 177
-
1 348
-
Employer
74 242
-
19 500
-
total
-
-
-
-
Corporate
-
19 500
-
-
income
-
2 437
-
-
total
-
2 437
-
-
Dividends
-
17 063
-
-
withholding
-
3 413
-
-
total
-
3 413
-
-
Income
19 500
19 500
19 500
19 500
Total tax
20 177
5 850
1 348
1 348
After tax
-677
13 650
18 152
18 152
Living cost
54 066
54 066
54 066
54 066
Free-cash
-54 743
-40 416
-35 914
-35 914

Estimated living cost  is ₽54066 per week

₽41132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4406
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8011
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽47798
-₽24610
-₽31234
-₽18505
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
19 500
health

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

-
-
-
5 828
income
-
-
-
27 017
total
-
-
-
32 845
Employee
43 540
-
17 724
-
social contributions
4 362
-
1 776
-
income
4 724
-
-
-
total
9 086
-
1 776
-
Employer
43 540
-
17 724
-
social contributions
4 362
-
1 776
-
total
4 362
-
1 776
-
Corporate
-
19 500
-
-
income
-
6 824
-
-
total
-
6 824
-
-
Dividends
-
12 676
-
-
social contributions
2 833
2 833
-
-
total
2 833
2 833
-
-
Income
19 500
19 500
19 500
19 500
Total tax
16 281
9 657
3 552
32 845
After tax
3 219
9 843
15 948
-13 345
Living cost
34 453
34 453
34 453
34 453
Free-cash
-31 234
-24 610
-18 505
-47 798

Estimated living cost  is ₽34453 per week

₽22694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2716
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.
₽8514
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19404
-₽20243
-₽34086
-₽20259
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 500
pensions
-
-
-
188
income
-
-
-
3 862
total
-
-
-
4 050
Employee
47 843
-
18 384
-
pensions
3 652
-
118
-
income
8 713
-
3 650
-
health
624
-
21
-
total
12 989
-
3 789
-
Employer
47 843
-
18 384
-
pensions
4 834
-
767
-
health
909
-
349
-
total
5 743
-
1 116
-
Corporate
-
19 500
-
-
income

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

-
3 705
-
-
total
-
3 705
-
-
Dividends
-
15 795
-
-
withholding
-
1 184
-
-
total
-
1 184
-
-
Income
19 500
19 500
19 500
19 500
Total tax
18 732
4 889
4 905
4 050
After tax
768
14 611
14 595
15 450
Living cost
34 854
34 854
34 854
34 854
Free-cash
-34 086
-20 243
-20 259
-19 404

Estimated living cost  is ₽34854 per week

₽23910
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3205
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
-₽12439
-₽21377
-₽23972
-₽12660
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 500
pensions
-
-
-
4 010
health
-
-
-
2 102
other
-
-
-
357
accident
-
-
-
243
income
-
-
-
2 270
total
-
-
-
8 982
Employee
36 113
-
16 198
-
pensions
4 066
-
1 824
-
income
4 954
-
2 222
-
health
4 135
-
1 855
-
total
13 155
-
5 901
-
Employer
36 113
-
16 198
-
pensions
5 872
-
2 634
-
unemployment
885
-
397
-
accident
603
-
271
-
total
7 360
-
3 302
-
Corporate
-
19 500
-
-
income

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

-
17 550
-
-
total
-
17 550
-
-
Dividends
-
1 950
-
-
withholding
-
370
-
-
total
-
370
-
-
Income
19 500
19 500
19 500
19 500
Total tax
20 515
17 920
9 203
8 982
After tax
-1 015
1 580
10 297
10 518
Living cost
22 957
22 957
22 957
22 957
Free-cash
-23 972
-21 377
-12 660
-12 439

Estimated living cost  is ₽22957 per week

₽16848
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
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.
₽4309
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽625
₽3763
-₽999
-₽625
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
19 500
pensions
-
-
-
3 588
health insurance
-
-
-
1 443
work injury
-
-
-
98
unemployment
-
-
-
234
income
-
-
-
1 950
total
-
-
-
7 313
Employee

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

20 500
-
19 500
-
pensions
3 772
-
3 588
-
health insurance
1 517
-
1 443
-
unemployment
246
-
234
-
income
2 050
-
1 950
-
work injury
102
-
98
-
total
7 687
-
7 313
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
19 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
-
19 500
-
-
withholding
-
2 925
-
-
total
-
2 925
-
-
Income
19 500
19 500
19 500
19 500
Total tax
7 687
2 925
7 313
7 313
After tax
11 813
16 575
12 187
12 187
Living cost
12 812
12 812
12 812
12 812
Free-cash
-999
3 763
-625
-625

Estimated living cost  is ₽12812 per week

₽7937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3544
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28782
-₽27539
-₽60479
-₽30481
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 500
municipal
-
-
-
110
regional
-
-
-
211
social contributions
-
-
-
7 356
national
-
-
-
2 794
total
-
-
-
10 471
Employee
79 979
-
19 500
-
social contributions
26 968
-
9 643
-
municipal
477
-
88
-
regional
1 207
-
171
-
national
13 516
-
2 268
-
total
42 168
-
12 170
-
Employer
79 979
-
19 500
-
total
-
-
-
-
Corporate
-
19 500
-
-
nationa
-
4 679
-
-
municipal
-
940
-
-
total
-
5 619
-
-
Dividends
-
13 880
-
-
withholding
-
3 609
-
-
total
-
3 609
-
-
Income
19 500
19 500
19 500
19 500
Total tax
42 168
9 228
12 170
10 471
After tax
-22 668
10 272
7 330
9 029
Living cost
37 811
37 811
37 811
37 811
Free-cash
-60 479
-27 539
-30 481
-28 782

Estimated living cost  is ₽37811 per week

₽26559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2601
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8078
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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