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
-₽19560
-₽17935
-₽16831
-₽16831
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
income

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

-
-
-
-
health

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

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

-
-
-
6 686
surtax

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

-
-
-
-
total
-
-
-
6 686
Employee

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

37 435
-
19 500
-
income

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

1 046
-
-
-
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.

58
-
-
-
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.

6 686
-
6 686
-
total
7 790
-
6 686
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
19 500
-
-
income
-
2 925
-
-
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
-
-
trade
-
3 072
-
-
chamber of commerce
-
176
-
-
total
-
6 335
-
-
Dividends
-
13 165
-
-
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
-
-
withholding
-
2 920
-
-
total
-
3 080
-
-
Income
19 500
19 500
19 500
19 500
Total tax
7 790
9 415
6 686
6 686
After tax
11 710
10 085
12 814
12 814
Living cost
29 645
29 645
29 645
29 645
Free-cash
-17 935
-19 560
-16 831
-16 831

Estimated living cost  is ₽29645 per week

₽18648
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3456
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.
₽6987
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽41155
-₽70662
-₽38826
-₽38673
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
962
national
-
-
-
1 491
pensions
-
-
-
2 340
social contributions
-
-
-
210
total
-
-
-
5 003
Employee
82 661
-
16 858
-
national
15 821
-
1 608
-
pensions
3 306
-
674
-
municipal
10 210
-
1 038
-
total
29 337
-
3 320
-
Employer
82 661
-
16 858
-
social contributions
889
-
181
-
pensions
6 613
-
1 349
-
total
7 502
-
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
36 839
7 332
4 850
5 003
After tax
-17 339
12 168
14 650
14 497
Living cost
53 323
53 323
53 323
53 323
Free-cash
-70 662
-41 155
-38 673
-38 826

Estimated living cost  is ₽53323 per week

₽36243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽798
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11325
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4762
-₽15988
-₽6868
-₽9173
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
2 925
income
-
-
-
-
surtax
-
-
-
-
social contributions

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

-
-
-
3 081
total
-
-
-
6 006
Employee
28 599
-
15 715
-
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.

3 146
-
1 729
-
income
5 091
-
2 797
-
surtax
-
-
-
-
total
8 237
-
4 526
-
Employer
28 599
-
15 715
-
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.

6 889
-
3 785
-
surtax
-
-
-
-
total
6 889
-
3 785
-
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%.

-
3 900
-
-
total
-
3 900
-
-
Dividends

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

-
15 600
-
-
total
-
-
-
-
Income
19 500
19 500
19 500
19 500
Total tax
15 126
3 900
8 311
6 006
After tax
4 374
15 600
11 189
13 494
Living cost
20 362
20 362
20 362
20 362
Free-cash
-15 988
-4 762
-9 173
-6 868

Estimated living cost  is ₽20362 per week

₽12990
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1939
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.
₽4970
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽72197
-₽77691
-₽29757
-₽77691
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
1 755
health
-
-
-
2 992
pensions
-
-
-
3 509
total
-
-
-
8 256
Employee
83 580
83 580
83 580
-
pensions
15 044
11 467
15 044
-
income

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

13 681
13 681
13 681
-
health
12 829
10 912
12 829
-
total
41 554
36 060
41 554
-
Employer
83 580
83 580
83 580
-
health
5 810
5 810
5 810
-
pensions
5 817
5 817
5 817
-
unemployment
3 009
3 009
3 009
-
total
14 636
14 636
14 636
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
19 500
19 500
19 500
19 500
Total tax
56 190
50 696
56 190
8 256
After tax
-36 690
-31 196
-36 690
11 244
Living cost
41 001
41 001
41 001
41 001
Free-cash
-77 691
-72 197
-77 691
-29 757

Estimated living cost  is ₽41001 per week

₽29056
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3696
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽652
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7596
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28362
-₽53547
-₽29289
-₽28596
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
-
unemployment
-
-
-
20
accident
-
-
-
39
health
-
-
-
1 217
pensions
-
-
-
2 108
other
-
-
-
2 266
total
-
-
-
9 780
Employee
55 584
-
14 838
-
national
-
-
-
-
municipal
16 575
-
4 425
-
total
16 575
-
4 425
-
Employer
55 584
-
14 838
-
health
3 418
-
912
-
pensions
6 008
-
1 604
-
accident
111
-
30
-
other
6 459
-
1 724
-
unemployment
1 467
-
392
-
total
17 463
-
4 662
-
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
34 038
8 853
9 087
9 780
After tax
-14 538
10 647
10 413
9 720
Living cost
39 009
39 009
39 009
39 009
Free-cash
-53 547
-28 362
-28 596
-29 289

Estimated living cost  is ₽39009 per week

₽25853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3828
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28462
-₽30133
-₽25635
-₽25635
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
income

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

-
-
-
-
health

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

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

-
-
-
6 686
surtax

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

-
-
-
-
total
-
-
-
6 686
Employee

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

49 634
-
19 500
-
income

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

4 264
-
-
-
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.

234
-
-
-
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.

6 686
-
6 686
-
total
11 184
-
6 686
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
19 500
-
-
income
-
2 925
-
-
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
-
-
trade
-
3 208
-
-
chamber of commerce
-
176
-
-
total
-
6 471
-
-
Dividends
-
13 029
-
-
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
-
-
withholding
-
2 884
-
-
total
-
3 042
-
-
Income
19 500
19 500
19 500
19 500
Total tax
11 184
9 513
6 686
6 686
After tax
8 316
9 987
12 814
12 814
Living cost
38 449
38 449
38 449
38 449
Free-cash
-30 133
-28 462
-25 635
-25 635

Estimated living cost  is ₽38449 per week

₽25715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
-₽34377
-₽29026
-₽18998
-₽25820
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 207
income
-
-
-
-
health
-
-
-
949
social contributions
-
-
-
5 804
total
-
-
-
6 753
Employee
75 260
75 260
75 260
-
social contributions
3 657
6 246
2 106
-
income
7 903
6 967
8 462
-
health
749
1 280
431
-
total
12 309
14 493
10 999
-
Employer
75 260
75 260
75 260
-
social contributions
3 657
6 246
2 106
-
health
815
1 393
470
-
total
4 472
7 639
2 576
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
19 500
19 500
19 500
19 500
Total tax
16 781
22 132
13 575
6 753
After tax
2 719
-2 632
5 925
12 747
Living cost
31 745
31 745
31 745
31 745
Free-cash
-29 026
-34 377
-25 820
-18 998

Estimated living cost  is ₽31745 per week

₽21701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2480
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7032
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7918
-₽13659
-₽5714
-₽7919
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
292
income
-
-
-
2 384
health
-
-
-
1 365
pensions
-
-
-
1 950
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.

27 748
11 043
16 318
-
pensions
2 775
1 104
1 632
-
unemployment
416
166
245
-
income
3 392
1 350
1 995
-
health
1 942
773
1 142
-
total
8 525
3 393
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.

27 748
11 043
16 318
-
pensions
5 411
2 153
3 182
-
total
5 411
2 153
3 182
-
Corporate
-
6 303
-
-
income
-
567
-
-
total
-
567
-
-
Dividends
-
5 736
-
-
social contributions
-
992
-
-
withholding
-
1 090
-
-
total
-
2 082
-
-
Income
19 500
19 500
19 500
19 500
Total tax
13 936
8 195
8 196
5 991
After tax
5 564
11 305
11 304
13 509
Living cost
19 223
19 223
19 223
19 223
Free-cash
-13 659
-7 918
-7 919
-5 714

Estimated living cost  is ₽19223 per week

₽13118
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽384
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8040
-₽17650
-₽10959
-₽10172
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
384
health
-
-
-
2 535
pensions
-
-
-
3 900
total
-
-
-
6 819
Employee
27 765
-
14 572
-
pensions
555
-
292
-
unemployment
444
-
234
-
income
3 126
-
581
-
total
4 125
-
1 107
-
Employer
27 765
-
14 572
-
health
3 609
-
1 894
-
pensions
5 553
-
2 914
-
unemployment
223
-
117
-
total
9 385
-
4 925
-
Corporate
-
19 500
-
-
income
-
3 900
-
-
total
-
3 900
-
-
Dividends
-
15 600
-
-
total
-
-
-
-
Income
19 500
19 500
19 500
19 500
Total tax
13 510
3 900
6 032
6 819
After tax
5 990
15 600
13 468
12 681
Living cost
23 640
23 640
23 640
23 640
Free-cash
-17 650
-8 040
-10 172
-10 959

Estimated living cost  is ₽23640 per week

₽16215
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1408
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.
₽5542
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19670
-₽20740
-₽10745
-₽10953
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
244
income
-
-
-
2 267
health
-
-
-
2 107
pensions
-
-
-
4 019
other
-
-
-
358
total
-
-
-
8 995
Employee
33 428
-
16 199
-
pensions
3 764
-
1 824
-
income
4 586
-
2 222
-
health
3 827
-
1 855
-
total
12 177
-
5 901
-
Employer
33 428
-
16 199
-
pensions
5 436
-
2 634
-
accident
558
-
271
-
unemployment
819
-
397
-
total
6 813
-
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
18 990
17 920
9 203
8 995
After tax
510
1 580
10 297
10 505
Living cost
21 250
21 250
21 250
21 250
Free-cash
-20 740
-19 670
-10 953
-10 745

Estimated living cost  is ₽21250 per week

₽15575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4055
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10076
₽8492
₽10856
₽7151
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 561
-
19 500
-
income
2 112
-
3 900
-
total
2 112
-
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%.

8 939
19 500
-
-
total
-
-
-
-
Dividends
8 939
19 500
-
-
withholding
447
975
-
-
total
447
975
-
-
Income
19 500
19 500
19 500
19 500
Total tax
2 559
975
3 900
195
After tax
16 941
18 525
15 600
19 305
Living cost
8 449
8 449
8 449
8 449
Free-cash
8 492
10 076
7 151
10 856

Estimated living cost  is ₽8449 per week

₽5236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽702
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽232
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2278
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11753
-₽24993
-₽15520
-₽14648
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
2 476
health
-
-
-
858
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.

-
-
-
4 680
other
-
-
-
927
total
-
-
-
8 941
Employee
35 537
-
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.

2 487
-
1 090
-
unemployment
355
-
156
-
income
6 118
-
2 682
-
health
498
-
217
-
total
9 458
-
4 145
-
Employer
35 537
-
15 575
-
health
498
-
217
-
pensions

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

6 042
-
2 649
-
accident
284
-
124
-
other
1 777
-
778
-
unemployment
355
-
156
-
total
8 956
-
3 924
-
Corporate
-
19 500
-
-
income
-
4 095
-
-
total
-
4 095
-
-
Dividends
-
15 405
-
-
withholding
-
1 079
-
-
total
-
1 079
-
-
Income
19 500
19 500
19 500
19 500
Total tax
18 414
5 174
8 069
8 941
After tax
1 086
14 326
11 431
10 559
Living cost
26 079
26 079
26 079
26 079
Free-cash
-24 993
-11 753
-14 648
-15 520

Estimated living cost  is ₽26079 per week

₽18427
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1761
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽420
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5472
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽51131
-₽86267
-₽50233
-₽51002
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
3 877
pensions
-
-
-
113
total
-
-
-
3 990
Employee
93 017
-
18 457
-
pensions
8 974
-
26
-
income
16 767
-
3 685
-
health
1 533
-
4
-
total
27 274
-
3 715
-
Employer
93 017
-
18 457
-
health
1 767
-
351
-
pensions
10 983
-
693
-
total
12 750
-
1 044
-
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.

-
3 704
-
-
total
-
3 704
-
-
Dividends
-
15 796
-
-
withholding
-
1 184
-
-
total
-
1 184
-
-
Income
19 500
19 500
19 500
19 500
Total tax
40 024
4 888
4 759
3 990
After tax
-20 524
14 612
14 741
15 510
Living cost
65 743
65 743
65 743
65 743
Free-cash
-86 267
-51 131
-51 002
-50 233

Estimated living cost  is ₽65743 per week

₽49263
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7724
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8222
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽3692
-₽1058
-₽1611
-₽670
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
78
income
-
-
-
2 925
health
-
-
-
2 243
pensions

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

-
-
-
2 886
total
-
-
-
8 132
Employee
17 187
-
16 301
-
pensions

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

1 509
-
1 431
-
income
1 718
-
1 630
-
health
791
-
750
-
accident

We are using the highest rate at 1.1%.

189
-
180
-
total
4 207
-
3 991
-
Employer
17 187
-
16 301
-
health
1 186
-
1 125
-
pensions

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

1 894
-
1 796
-
accident

We are using the highest rate at 1.1%.

189
-
180
-
unemployment
103
-
98
-
total
3 372
-
3 199
-
Corporate
-
19 500
-
-
income
-
1 950
-
-
total
-
1 950
-
-
Dividends
-
17 550
-
-
withholding
-
878
-
-
total
-
878
-
-
Income
19 500
19 500
19 500
19 500
Total tax
7 579
2 828
7 190
8 132
After tax
11 921
16 672
12 310
11 368
Living cost
12 980
12 980
12 980
12 980
Free-cash
-1 058
3 692
-670
-1 611

Estimated living cost  is ₽12980 per week

₽7578
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽344
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4131
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽85468
-₽87128
-₽43028
-₽90962
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
1 755
health
-
-
-
2 992
pensions
-
-
-
3 509
total
-
-
-
8 256
Employee
90 741
83 580
83 580
-
pensions
11 467
11 467
15 044
-
income

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

13 681
13 681
13 681
-
health
11 320
10 912
12 829
-
total
36 468
36 060
41 554
-
Employer
90 741
83 580
83 580
-
health
6 306
5 810
5 810
-
pensions
6 315
5 817
5 817
-
unemployment
3 267
3 009
3 009
-
total
15 888
14 636
14 636
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
19 500
19 500
19 500
19 500
Total tax
52 356
50 696
56 190
8 256
After tax
-32 856
-31 196
-36 690
11 244
Living cost
54 272
54 272
54 272
54 272
Free-cash
-87 128
-85 468
-90 962
-43 028

Estimated living cost  is ₽54272 per week

₽40035
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4848
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽622
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8768
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
-₽10870
-₽28379
-₽14798
-₽14401
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
-
income
-
-
-
1 676
health
-
-
-
2 632
social contributions
-
-
-
5 694
total
-
-
-
10 002
Employee
35 730
-
14 552
-
social contributions
2 322
-
946
-
income
4 288
-
1 746
-
solidarity contribution
-
-
-
-
health
4 824
-
1 965
-
total
11 434
-
4 657
-
Employer
35 730
-
14 552
-
social contributions
8 933
-
3 638
-
health
3 216
-
1 310
-
total
12 149
-
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
23 583
6 074
9 605
10 002
After tax
-4 083
13 426
9 895
9 498
Living cost
24 296
24 296
24 296
24 296
Free-cash
-28 379
-10 870
-14 401
-14 798

Estimated living cost  is ₽24296 per week

₽16877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1728
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30894
-₽67484
-₽32366
-₽34133
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
95
national
-
-
-
2 740
regional
-
-
-
147
social contributions
-
-
-
7 585
total
-
-
-
10 567
Employee
86 984
-
19 500
-
national
15 072
-
2 197
-
social contributions
29 331
-
9 944
-
municipal
461
-
76
-
regional
821
-
117
-
total
45 685
-
12 334
-
Employer
86 984
-
19 500
-
total
-
-
-
-
Corporate
-
19 500
-
-
municipal
-
760
-
-
nationa
-
4 680
-
-
total
-
5 440
-
-
Dividends
-
14 060
-
-
withholding
-
3 655
-
-
total
-
3 655
-
-
Income
19 500
19 500
19 500
19 500
Total tax
45 685
9 095
12 334
10 567
After tax
-26 185
10 405
7 166
8 933
Living cost
41 299
41 299
41 299
41 299
Free-cash
-67 484
-30 894
-34 133
-32 366

Estimated living cost  is ₽41299 per week

₽28789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽633
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9332
-₽19679
-₽10403
-₽10796
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
223
income
-
-
-
2 799
health
-
-
-
1 384
surtax
-
-
-
-
pensions
-
-
-
3 900
other
-
-
-
-
total
-
-
-
8 306
Employee
32 366
-
16 109
-
pensions
2 158
-
1 074
-
unemployment
2 253
-
1 122
-
income
5 425
-
2 701
-
other
-
-
-
-
surtax
106
-
-
-
health
827
-
410
-
total
10 769
-
5 307
-
Employer
32 366
-
16 109
-
health
1 473
-
734
-
pensions
4 315
-
2 147
-
other
-
-
-
-
unemployment
1 025
-
511
-
total
6 813
-
3 392
-
Corporate
-
19 500
-
-
income
-
5 071
-
-
total
-
5 071
-
-
Dividends
-
14 429
-
-
withholding
-
2 164
-
-
total
-
2 164
-
-
Income
19 500
19 500
19 500
19 500
Total tax
17 582
7 235
8 699
8 306
After tax
1 918
12 265
10 801
11 194
Living cost
21 597
21 597
21 597
21 597
Free-cash
-19 679
-9 332
-10 796
-10 403

Estimated living cost  is ₽21597 per week

₽13206
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5901
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30302
-₽50769
-₽29404
-₽30173
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
3 877
pensions
-
-
-
113
total
-
-
-
3 990
Employee
62 338
-
18 457
-
pensions
5 291
-
26
-
income
11 227
-
3 685
-
health
905
-
4
-
total
17 423
-
3 715
-
Employer
62 338
-
18 457
-
health
1 184
-
351
-
pensions
6 748
-
693
-
total
7 932
-
1 044
-
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.

-
3 704
-
-
total
-
3 704
-
-
Dividends
-
15 796
-
-
withholding
-
1 184
-
-
total
-
1 184
-
-
Income
19 500
19 500
19 500
19 500
Total tax
25 355
4 888
4 759
3 990
After tax
-5 855
14 612
14 741
15 510
Living cost
44 914
44 914
44 914
44 914
Free-cash
-50 769
-30 302
-30 173
-29 404

Estimated living cost  is ₽44914 per week

₽33649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3366
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽7428
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽67628
-₽78610
-₽59760
-₽62632
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
202
national
-
-
-
-
regional
-
-
-
79
health
-
-
-
250
pensions
-
-
-
1 795
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.

-
-
-
389
total
-
-
-
2 715
Employee
89 578
-
16 449
-
national
424
-
-
-
city
961
-
163
-
pensions
7 526
-
2 505
-
unemployment
-
-
-
-
health
202
-
37
-
regional
2 933
-
12
-
total
12 046
-
2 717
-
Employer
89 578
-
16 449
-
health
202
-
37
-
pensions
7 526
-
2 505
-
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.

1 791
-
328
-
unemployment
-
-
-
-
total
9 519
-
2 870
-
Corporate
-
19 500
-
-
national
-
1 657
-
-
regional
-
4 125
-
-
total
-
5 782
-
-
Dividends
-
13 718
-
-
withholding
-
4 801
-
-
total
-
4 801
-
-
Income
19 500
19 500
19 500
19 500
Total tax
21 565
10 583
5 587
2 715
After tax
-2 065
8 917
13 913
16 785
Living cost
76 545
76 545
76 545
76 545
Free-cash
-78 610
-67 628
-62 632
-59 760

Estimated living cost  is ₽76545 per week

₽49776
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6869
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽940
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18960
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽34951
-₽39320
-₽32022
-₽32022
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
income

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

-
-
-
-
health

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

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

-
-
-
6 686
surtax

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

-
-
-
-
total
-
-
-
6 686
Employee

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

58 820
-
19 500
-
income

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

6 917
-
-
-
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.

381
-
-
-
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.

6 686
-
6 686
-
total
13 984
-
6 686
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
19 500
-
-
income
-
2 925
-
-
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
-
-
trade
-
3 345
-
-
chamber of commerce
-
176
-
-
total
-
6 608
-
-
Dividends
-
12 892
-
-
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.

-
156
-
-
withholding
-
2 851
-
-
total
-
3 007
-
-
Income
19 500
19 500
19 500
19 500
Total tax
13 984
9 615
6 686
6 686
After tax
5 516
9 885
12 814
12 814
Living cost
44 836
44 836
44 836
44 836
Free-cash
-39 320
-34 951
-32 022
-32 022

Estimated living cost  is ₽44836 per week

₽32747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3587
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7922
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23660
-₽35469
-₽22025
-₽20732
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
-
health
-
-
-
262
surtax
-
-
-
-
pensions
-
-
-
6 616
other
-
-
-
604
social contributions
-
-
-
557
total
-
-
-
8 039
Employee
41 888
-
14 859
-
pensions
4 736
-
1 681
-
social contributions
1 194
-
423
-
income
2 472
-
-
-
surtax
-
-
-
-
total
8 402
-
2 104
-
Employer
41 888
-
14 859
-
social contributions
126
-
45
-
health
2 933
-
1 040
-
pensions
6 881
-
2 442
-
other
1 445
-
513
-
unemployment
1 696
-
602
-
total
13 081
-
4 642
-
Corporate
-
19 500
-
-
income
-
5 461
-
-
surtax
-
-
-
-
total
-
5 461
-
-
Dividends
-
14 039
-
-
social contributions
-
2 415
-
-
surtax
-
-
-
-
withholding
-
1 798
-
-
total
-
4 213
-
-
Income
19 500
19 500
19 500
19 500
Total tax
21 483
9 674
6 746
8 039
After tax
-1 983
9 826
12 754
11 461
Living cost
33 486
33 486
33 486
33 486
Free-cash
-35 469
-23 660
-20 732
-22 025

Estimated living cost  is ₽33486 per week

₽21114
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2723
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20342
-₽29568
-₽18707
-₽17414
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
-
health
-
-
-
262
surtax
-
-
-
-
pensions
-
-
-
6 616
other
-
-
-
604
social contributions
-
-
-
557
total
-
-
-
8 039
Employee
37 391
-
14 859
-
pensions
4 229
-
1 681
-
social contributions
1 066
-
423
-
income
1 928
-
-
-
surtax
-
-
-
-
total
7 223
-
2 104
-
Employer
37 391
-
14 859
-
social contributions
111
-
45
-
health
2 617
-
1 040
-
pensions
6 144
-
2 442
-
other
1 291
-
513
-
unemployment
1 514
-
602
-
total
11 677
-
4 642
-
Corporate
-
19 500
-
-
income
-
5 461
-
-
surtax
-
-
-
-
total
-
5 461
-
-
Dividends
-
14 039
-
-
social contributions
-
2 415
-
-
surtax
-
-
-
-
withholding
-
1 798
-
-
total
-
4 213
-
-
Income
19 500
19 500
19 500
19 500
Total tax
18 900
9 674
6 746
8 039
After tax
600
9 826
12 754
11 461
Living cost
30 168
30 168
30 168
30 168
Free-cash
-29 568
-20 342
-17 414
-18 707

Estimated living cost  is ₽30168 per week

₽17496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3065
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9036
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8857
-₽16256
-₽8231
-₽10258
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
2 925
health
-
-
-
1 361
social contributions
-
-
-
2 691
total
-
-
-
6 977
Employee
33 185
-
19 500
-
social contributions
4 580
-
2 691
-
income
5 535
-
4 952
-
health
2 316
-
1 361
-
total
12 431
-
9 004
-
Employer
33 185
-
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%.

-
975
-
-
total
-
975
-
-
Dividends
-
18 525
-
-
social contributions
1 707
2 556
-
-
health
864
1 293
-
-
withholding
-
2 779
-
-
total
2 571
6 628
-
-
Income
19 500
19 500
19 500
19 500
Total tax
15 002
7 603
9 004
6 977
After tax
4 498
11 897
10 496
12 523
Living cost
20 754
20 754
20 754
20 754
Free-cash
-16 256
-8 857
-10 258
-8 231

Estimated living cost  is ₽20754 per week

₽13889
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1280
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5106
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽37275
-₽44608
-₽26359
-₽30192
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
6 003
income
-
-
-
-
chamber of commerce
-
-
-
78
health
-
-
-
1 491
surtax
-
-
-
193
pensions
-
-
-
3 607
total
-
-
-
11 372
Employee
48 913
39 004
39 004
-
pensions
5 009
3 993
1 387
-
unemployment
1 467
1 170
407
-
income
5 568
2 877
4 342
-
other
488
390
136
-
health
1 893
1 510
524
-
total
14 425
9 940
6 796
-
Employer
48 913
39 004
39 004
-
chamber of commerce
195
156
156
-
health
1 848
1 475
513
-
payroll
1 467
1 170
1 170
-
pensions
6 138
4 896
1 699
-
surtax
193
193
193
-
accident
635
507
176
-
other
2 324
1 852
1 636
-
unemployment
1 467
1 170
407
-
total
14 267
11 419
5 950
-
Corporate
3 715
3 715
9 834
-
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.

929
929
2 459
-
total
929
929
2 459
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
19 500
19 500
19 500
19 500
Total tax
29 621
22 288
15 205
11 372
After tax
-10 121
-2 788
4 295
8 128
Living cost
34 487
34 487
34 487
34 487
Free-cash
-44 608
-37 275
-30 192
-26 359

Estimated living cost  is ₽34487 per week

₽23001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2942
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.
₽7977
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24464
-₽70889
-₽25791
-₽26626
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
3 585
communal

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

-
-
-
860
social contributions
-
-
-
5 160
total
-
-
-
9 605
Employee

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

70 009
-
15 104
-
national
21 524
-
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.

5 251
-
1 133
-
communal

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

3 652
-
788
-
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.

609
-
132
-
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.

3 289
-
711
-
total
34 325
-
6 046
-
Employer

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

70 009
-
15 104
-
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.

4 305
-
929
-
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.

6 203
-
1 337
-
surtax
7 938
-
1 712
-
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.

910
-
195
-
unemployment

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

1 022
-
221
-
total
20 378
-
4 394
-
Corporate
-
19 500
-
-
income
-
3 900
-
-
surtax
-
78
-
-
total
-
3 978
-
-
Dividends
-
15 522
-
-
withholding

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

-
4 300
-
-
total
-
4 300
-
-
Income
19 500
19 500
19 500
19 500
Total tax
54 703
8 278
10 440
9 605
After tax
-35 203
11 222
9 060
9 895
Living cost
35 686
35 686
35 686
35 686
Free-cash
-70 889
-24 464
-26 626
-25 791

Estimated living cost  is ₽35686 per week

₽22986
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3120
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9021
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22029
-₽44748
-₽24664
-₽29672
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
147
accident
-
-
-
189
income
-
-
-
2 506
pensions
-
-
-
5 956
other
-
-
-
20
total
-
-
-
8 818
Employee
48 719
-
9 080
-
pensions
2 290
-
1 536
-
unemployment
756
-
507
-
income
10 279
-
1 330
-
other
48
-
33
-
total
13 373
-
3 406
-
Employer
48 719
-
9 080
-
pensions
11 497
-
7 714
-
accident
964
-
646
-
other
388
-
262
-
unemployment
2 680
-
1 798
-
total
15 529
-
10 420
-
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
-
3 258
-
-
total
-
3 258
-
-
Income
19 500
19 500
19 500
19 500
Total tax
28 902
6 183
13 826
8 818
After tax
-9 402
13 317
5 674
10 682
Living cost
35 346
35 346
35 346
35 346
Free-cash
-44 748
-22 029
-29 672
-24 664

Estimated living cost  is ₽35346 per week

₽26029
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽39844
-₽63474
-₽45622
-₽45624
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
420
income
-
-
-
-
communal
-
-
-
-
health
-
-
-
3 492
surtax
-
-
-
570
pensions
-
-
-
7 452
total
-
-
-
11 934
Employee
74 119
-
13 934
-
pensions
5 929
-
3 726
-
income
7 159
-
-
-
surtax
4 543
-
570
-
health
3 299
-
2 073
-
total
20 930
-
6 369
-
Employer
74 119
-
13 934
-
health
2 260
-
1 421
-
pensions
5 929
-
3 726
-
accident
667
-
420
-
total
8 856
-
5 567
-
Corporate
-
19 500
-
-
income
-
2 925
-
-
surtax
-
204
-
-
communal
-
-
-
-
total
-
3 129
-
-
Dividends
-
16 370
-
-
income
-
572
-
-
withholding
-
2 455
-
-
total
-
3 027
-
-
Income
19 500
19 500
19 500
19 500
Total tax
29 786
6 156
11 936
11 934
After tax
-10 286
13 344
7 564
7 566
Living cost
53 188
53 188
53 188
53 188
Free-cash
-63 474
-39 844
-45 624
-45 622

Estimated living cost  is ₽53188 per week

₽39899
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9718
-₽20399
-₽10789
-₽11182
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
223
income
-
-
-
2 799
health
-
-
-
1 384
surtax
-
-
-
-
pensions
-
-
-
3 900
other
-
-
-
-
total
-
-
-
8 306
Employee
32 960
-
16 109
-
pensions
2 199
-
1 074
-
unemployment
2 294
-
1 122
-
income
5 526
-
2 701
-
other
-
-
-
-
surtax
117
-
-
-
health
841
-
410
-
total
10 977
-
5 307
-
Employer
32 960
-
16 109
-
health
1 499
-
734
-
pensions
4 394
-
2 147
-
other
-
-
-
-
unemployment
1 046
-
511
-
total
6 939
-
3 392
-
Corporate
-
19 500
-
-
income
-
5 071
-
-
total
-
5 071
-
-
Dividends
-
14 429
-
-
withholding
-
2 164
-
-
total
-
2 164
-
-
Income
19 500
19 500
19 500
19 500
Total tax
17 916
7 235
8 699
8 306
After tax
1 584
12 265
10 801
11 194
Living cost
21 983
21 983
21 983
21 983
Free-cash
-20 399
-9 718
-11 182
-10 789

Estimated living cost  is ₽21983 per week

₽13273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1911
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6291
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16116
-₽34793
-₽17526
-₽19275
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
95
national
-
-
-
2 740
regional
-
-
-
241
social contributions
-
-
-
7 585
total
-
-
-
10 661
Employee
54 292
-
19 500
-
national
8 601
-
2 197
-
social contributions
18 308
-
9 944
-
municipal
288
-
76
-
regional
731
-
193
-
total
27 928
-
12 410
-
Employer
54 292
-
19 500
-
total
-
-
-
-
Corporate
-
19 500
-
-
municipal
-
970
-
-
nationa
-
4 680
-
-
total
-
5 650
-
-
Dividends
-
13 850
-
-
withholding
-
3 601
-
-
total
-
3 601
-
-
Income
19 500
19 500
19 500
19 500
Total tax
27 928
9 251
12 410
10 661
After tax
-8 428
10 249
7 090
8 839
Living cost
26 365
26 365
26 365
26 365
Free-cash
-34 793
-16 116
-19 275
-17 526

Estimated living cost  is ₽26365 per week

₽16397
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2671
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16514
-₽39499
-₽20442
-₽20045
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
-
income
-
-
-
1 676
health
-
-
-
2 632
social contributions
-
-
-
5 694
total
-
-
-
10 002
Employee
44 029
-
14 552
-
social contributions
2 862
-
946
-
income
5 283
-
1 746
-
solidarity contribution
-
-
-
-
health
5 944
-
1 965
-
total
14 089
-
4 657
-
Employer
44 029
-
14 552
-
social contributions
11 007
-
3 638
-
health
3 963
-
1 310
-
total
14 970
-
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
29 059
6 074
9 605
10 002
After tax
-9 559
13 426
9 895
9 498
Living cost
29 940
29 940
29 940
29 940
Free-cash
-39 499
-16 514
-20 045
-20 442

Estimated living cost  is ₽29940 per week

₽22265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽33820
-₽36523
-₽22904
-₽26826
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
6 003
income
-
-
-
-
chamber of commerce
-
-
-
78
health
-
-
-
1 491
surtax
-
-
-
-
pensions
-
-
-
3 607
total
-
-
-
11 179
Employee
42 783
39 004
39 004
-
pensions
4 381
3 993
1 404
-
unemployment
1 283
1 170
410
-
income
3 811
2 877
4 331
-
other
427
390
137
-
health
1 655
1 510
531
-
total
11 557
9 940
6 813
-
Employer
42 783
39 004
39 004
-
chamber of commerce
171
156
156
-
health
1 618
1 475
518
-
payroll
1 283
1 170
1 170
-
pensions
5 370
4 896
1 720
-
surtax
-
-
-
-
accident
555
507
178
-
other
2 032
1 852
1 638
-
unemployment
1 283
1 170
410
-
total
12 312
11 226
5 790
-
Corporate
3 715
3 715
9 994
-
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.

929
929
2 498
-
total
929
929
2 498
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
19 500
19 500
19 500
19 500
Total tax
24 798
22 095
15 101
11 179
After tax
-5 298
-2 595
4 399
8 321
Living cost
31 225
31 225
31 225
31 225
Free-cash
-36 523
-33 820
-26 826
-22 904

Estimated living cost  is ₽31225 per week

₽18731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3189
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.
₽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

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
₽5358
₽2889
₽6138
₽2433
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
16 459
-
19 500
-
income
3 292
-
3 900
-
total
3 292
-
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%.

3 041
19 500
-
-
total
-
-
-
-
Dividends
3 041
19 500
-
-
withholding
152
975
-
-
total
152
975
-
-
Income
19 500
19 500
19 500
19 500
Total tax
3 444
975
3 900
195
After tax
16 056
18 525
15 600
19 305
Living cost
13 167
13 167
13 167
13 167
Free-cash
2 889
5 358
2 433
6 138

Estimated living cost  is ₽13167 per week

₽8910
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽553
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3262
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12827
-₽30520
-₽14500
-₽15210
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
30
income
-
-
-
2 238
health
-
-
-
1 919
pensions
-
-
-
3 561
total
-
-
-
7 748
Employee

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

43 280
-
16 874
-
pensions
6 709
-
2 615
-
unemployment
61
-
24
-
income
7 464
-
2 103
-
health
2 795
-
1 090
-
total
17 029
-
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.

43 280
-
16 874
-
health
2 883
-
1 124
-
pensions
3 830
-
1 493
-
unemployment
26
-
9
-
total
6 739
-
2 626
-
Corporate
-
19 500
-
-
income
-
3 705
-
-
total
-
3 705
-
-
Dividends
-
15 795
-
-
withholding
-
2 370
-
-
total
-
2 370
-
-
Income
19 500
19 500
19 500
19 500
Total tax
23 768
6 075
8 458
7 748
After tax
-4 268
13 425
11 042
11 752
Living cost
26 252
26 252
26 252
26 252
Free-cash
-30 520
-12 827
-15 210
-14 500

Estimated living cost  is ₽26252 per week

₽18016
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1683
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽34090
-₽139296
-₽32477
-₽41672
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
3 801
social contributions
-
-
-
2 223
total
-
-
-
6 024
Employee
65 891
-
6 259
-
social contributions
5 403
-
770
-
income
14 534
-
1 208
-
total
19 937
-
1 978
-
Employer
65 891
-
6 259
-
social contributions
92 906
-
13 241
-
total
92 906
-
13 241
-
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
112 843
7 636
15 219
6 024
After tax
-93 343
11 864
4 281
13 476
Living cost
45 953
45 953
45 953
45 953
Free-cash
-139 296
-34 090
-41 672
-32 477

Estimated living cost  is ₽45953 per week

₽29816
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4322
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11229
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19608
-₽36206
-₽19115
-₽18783
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
1 139
surtax
-
-
-
-
social contributions

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

-
-
-
6 776
total
-
-
-
7 915
Employee
45 014
-
15 757
-
social contributions
4 952
-
1 733
-
income
9 363
-
2 107
-
surtax
-
-
-
-
total
14 315
-
3 840
-
Employer
45 014
-
15 757
-
social contributions
10 691
-
3 743
-
total
10 691
-
3 743
-
Corporate
-
19 500
-
-
income
-
4 095
-
-
surtax
-
-
-
-
total
-
4 095
-
-
Dividends
-
15 405
-
-
withholding
-
4 313
-
-
total
-
4 313
-
-
Income
19 500
19 500
19 500
19 500
Total tax
25 006
8 408
7 583
7 915
After tax
-5 506
11 092
11 917
11 585
Living cost
30 700
30 700
30 700
30 700
Free-cash
-36 206
-19 608
-18 783
-19 115

Estimated living cost  is ₽30700 per week

₽22970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5407
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽37446
-₽60945
-₽35811
-₽34518
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
-
health
-
-
-
262
surtax
-
-
-
-
pensions
-
-
-
6 616
other
-
-
-
604
social contributions
-
-
-
557
total
-
-
-
8 039
Employee
61 300
-
14 859
-
pensions
6 933
-
1 681
-
social contributions
1 746
-
423
-
income
5 349
-
-
-
surtax
-
-
-
-
total
14 028
-
2 104
-
Employer
61 300
-
14 859
-
social contributions
184
-
45
-
health
4 290
-
1 040
-
pensions
10 072
-
2 442
-
other
2 116
-
513
-
unemployment
2 483
-
602
-
total
19 145
-
4 642
-
Corporate
-
19 500
-
-
income
-
5 461
-
-
surtax
-
-
-
-
total
-
5 461
-
-
Dividends
-
14 039
-
-
social contributions
-
2 415
-
-
surtax
-
-
-
-
withholding
-
1 798
-
-
total
-
4 213
-
-
Income
19 500
19 500
19 500
19 500
Total tax
33 173
9 674
6 746
8 039
After tax
-13 673
9 826
12 754
11 461
Living cost
47 272
47 272
47 272
47 272
Free-cash
-60 945
-37 446
-34 518
-35 811

Estimated living cost  is ₽47272 per week

₽31993
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽648
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10763
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11870
-₽16842
-₽14210
-₽13635
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
-
social contributions
-
-
-
4 290
total
-
-
-
4 290
Employee
31 465
-
16 883
-
social contributions
2 045
-
1 098
-
income
-
-
-
-
total
2 045
-
1 098
-
Employer
31 465
-
16 883
-
social contributions
4 877
-
2 617
-
total
4 877
-
2 617
-
Corporate
-
19 500
-
-
income
-
1 950
-
-
total
-
1 950
-
-
Dividends
-
17 550
-
-
total
-
-
-
-
Income
19 500
19 500
19 500
19 500
Total tax
6 922
1 950
3 715
4 290
After tax
12 578
17 550
15 785
15 210
Living cost
29 420
29 420
29 420
29 420
Free-cash
-16 842
-11 870
-13 635
-14 210

Estimated living cost  is ₽29420 per week

₽19023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2218
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.
₽7626
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽193337
-₽193337
-₽32032
-₽193337
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 271
national
-
-
-
876
labour market
-
-
-
1 492
pensions
-
-
-
847
total
-
-
-
4 486
Employee
198 569
198 569
198 569
-
national
24 259
24 259
24 259
-
pensions
282
282
282
-
municipal
42 284
42 284
42 284
-
labour market
15 863
15 863
15 863
-
total
82 688
82 688
82 688
-
Employer
198 569
198 569
198 569
-
municipal
42 351
42 351
42 351
-
labour market
15 886
15 886
15 886
-
national
24 301
24 301
24 301
-
pensions
565
565
565
-
total
83 103
83 103
83 103
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
19 500
19 500
19 500
19 500
Total tax
165 791
165 791
165 791
4 486
After tax
-146 291
-146 291
-146 291
15 014
Living cost
47 046
47 046
47 046
47 046
Free-cash
-193 337
-193 337
-193 337
-32 032

Estimated living cost  is ₽47046 per week

₽32199
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽724
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9962
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19357
-₽20147
-₽10432
-₽10640
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
244
income
-
-
-
2 267
health
-
-
-
2 107
pensions
-
-
-
4 019
other
-
-
-
358
total
-
-
-
8 995
Employee
32 935
-
16 199
-
pensions
3 709
-
1 824
-
income
4 518
-
2 222
-
health
3 771
-
1 855
-
total
11 998
-
5 901
-
Employer
32 935
-
16 199
-
pensions
5 355
-
2 634
-
accident
550
-
271
-
unemployment
807
-
397
-
total
6 712
-
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
18 710
17 920
9 203
8 995
After tax
790
1 580
10 297
10 505
Living cost
20 937
20 937
20 937
20 937
Free-cash
-20 147
-19 357
-10 640
-10 432

Estimated living cost  is ₽20937 per week

₽15240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1194
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4111
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24082
-₽41709
-₽21586
-₽25232
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
-
health
-
-
-
-
total
-
-
-
3 510
Employee
51 493
-
16 404
-
national
851
-
-
-
pensions
3 475
-
1 107
-
unemployment
773
-
245
-
municipal
8 434
-
2 710
-
health
384
-
-
-
total
13 917
-
4 062
-
Employer
51 493
-
16 404
-
health
396
-
126
-
pensions
8 934
-
2 845
-
accident
52
-
17
-
unemployment
334
-
106
-
total
9 716
-
3 094
-
Corporate
-
19 500
-
-
income
-
3 900
-
-
total
-
3 900
-
-
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
23 633
6 006
7 156
3 510
After tax
-4 133
13 494
12 344
15 990
Living cost
37 576
37 576
37 576
37 576
Free-cash
-41 709
-24 082
-25 232
-21 586

Estimated living cost  is ₽37576 per week

₽24545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3614
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽598
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8820
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽25292
-₽18261
-₽9913
-₽16735
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 207
income
-
-
-
-
health
-
-
-
949
social contributions
-
-
-
5 804
total
-
-
-
6 753
Employee
75 260
75 260
75 260
-
social contributions
2 845
6 246
2 106
-
income
8 195
6 967
8 462
-
health
583
1 280
431
-
total
11 623
14 493
10 999
-
Employer
75 260
75 260
75 260
-
social contributions
2 845
6 246
2 106
-
health
633
1 393
470
-
total
3 478
7 639
2 576
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
19 500
19 500
19 500
19 500
Total tax
15 101
22 132
13 575
6 753
After tax
4 399
-2 632
5 925
12 747
Living cost
22 660
22 660
22 660
22 660
Free-cash
-18 261
-25 292
-16 735
-9 913

Estimated living cost  is ₽22660 per week

₽13581
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6356
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽609
-₽5276
-₽6708
-₽3312
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
28
income
-
-
-
873
health
-
-
-
3 542
pensions
-
-
-
6 226
total
-
-
-
10 669
Employee

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

22 465
-
17 678
-
pensions
3 369
-
2 652
-
unemployment
111
-
89
-
income
1 536
-
1 209
-
health
1 909
-
1 503
-
total
6 925
-
5 453
-
Employer

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

22 465
-
17 678
-
health
966
-
760
-
pensions
1 235
-
971
-
unemployment
111
-
89
-
total
2 312
-
1 820
-
Corporate
-
19 500
-
-
income
-
1 755
-
-
total
-
1 755
-
-
Dividends
-
17 745
-
-
withholding
-
1 597
-
-
total
-
1 597
-
-
Income
19 500
19 500
19 500
19 500
Total tax
9 237
3 352
7 273
10 669
After tax
10 263
16 148
12 227
8 831
Living cost
15 539
15 539
15 539
15 539
Free-cash
-5 276
609
-3 312
-6 708

Estimated living cost  is ₽15539 per week

₽9914
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1120
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.
₽4042
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13597
-₽28226
-₽16232
-₽21240
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
147
accident
-
-
-
189
income
-
-
-
2 506
pensions
-
-
-
5 956
other
-
-
-
20
total
-
-
-
8 818
Employee
36 190
-
9 080
-
pensions
1 701
-
1 536
-
unemployment
561
-
507
-
income
6 977
-
1 330
-
other
35
-
33
-
total
9 274
-
3 406
-
Employer
36 190
-
9 080
-
pensions
8 540
-
7 714
-
accident
717
-
646
-
other
290
-
262
-
unemployment
1 991
-
1 798
-
total
11 538
-
10 420
-
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
-
3 258
-
-
total
-
3 258
-
-
Income
19 500
19 500
19 500
19 500
Total tax
20 812
6 183
13 826
8 818
After tax
-1 312
13 317
5 674
10 682
Living cost
26 914
26 914
26 914
26 914
Free-cash
-28 226
-13 597
-21 240
-16 232

Estimated living cost  is ₽26914 per week

₽18167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2587
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5689
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10507
₽10235
₽10039
₽9921
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
5 711
health
-
-
-
878
pensions
-
-
-
1 211
total
-
-
-
7 800
Employee
2 529
-
18 137
-
pensions
228
-
545
-
unemployment
25
-
61
-
income
489
-
5 647
-
health
126
-
303
-
total
868
-
6 556
-
Employer
2 529
-
18 137
-
health
240
-
575
-
pensions
278
-
666
-
unemployment
51
-
121
-
total
569
-
1 362
-
Corporate
16 402
19 500
-
-
income
3 608
4 290
-
-
total
3 608
4 290
-
-
Dividends
12 793
15 210
-
-
withholding
2 559
3 042
-
-
total
2 559
3 042
-
-
Income
19 500
19 500
19 500
19 500
Total tax
7 604
7 332
7 918
7 800
After tax
11 896
12 168
11 582
11 700
Living cost
1 661
1 661
1 661
1 661
Free-cash
10 235
10 507
9 921
10 039

Estimated living cost  is ₽1661 per week

₽987
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽135
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽38
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽501
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2810
-₽10544
-₽6212
-₽5374
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
292
income
-
-
-
1 442
health
-
-
-
2 009
pensions
-
-
-
5 070
total
-
-
-
8 813
Employee

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

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

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

25 482
-
16 539
-
pensions
3 568
-
2 316
-
unemployment
191
-
124
-
income
3 513
-
1 722
-
health
1 312
-
852
-
total
8 584
-
5 014
-
Employer

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

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

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

25 482
-
16 539
-
health
1 312
-
852
-
pensions
3 058
-
1 985
-
unemployment
191
-
124
-
total
4 561
-
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
13 145
5 411
7 975
8 813
After tax
6 355
14 089
11 525
10 687
Living cost
16 899
16 899
16 899
16 899
Free-cash
-10 544
-2 810
-5 374
-6 212

Estimated living cost  is ₽16899 per week

₽11378
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15294
-₽27508
-₽14801
-₽14469
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
1 139
surtax
-
-
-
-
social contributions

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

-
-
-
6 776
total
-
-
-
7 915
Employee
37 987
-
15 757
-
social contributions
4 179
-
1 733
-
income
7 422
-
2 107
-
surtax
-
-
-
-
total
11 601
-
3 840
-
Employer
37 987
-
15 757
-
social contributions
9 021
-
3 743
-
total
9 021
-
3 743
-
Corporate
-
19 500
-
-
income
-
4 095
-
-
surtax
-
-
-
-
total
-
4 095
-
-
Dividends
-
15 405
-
-
withholding
-
4 313
-
-
total
-
4 313
-
-
Income
19 500
19 500
19 500
19 500
Total tax
20 622
8 408
7 583
7 915
After tax
-1 122
11 092
11 917
11 585
Living cost
26 386
26 386
26 386
26 386
Free-cash
-27 508
-15 294
-14 469
-14 801

Estimated living cost  is ₽26386 per week

₽18688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5397
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21080
-₽42839
-₽23715
-₽28723
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
147
accident
-
-
-
189
income
-
-
-
2 506
pensions
-
-
-
5 956
other
-
-
-
20
total
-
-
-
8 818
Employee
47 268
-
9 080
-
pensions
2 221
-
1 536
-
unemployment
732
-
507
-
income
9 873
-
1 330
-
other
46
-
33
-
total
12 872
-
3 406
-
Employer
47 268
-
9 080
-
pensions
11 155
-
7 714
-
accident
936
-
646
-
other
379
-
262
-
unemployment
2 600
-
1 798
-
total
15 070
-
10 420
-
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
-
3 258
-
-
total
-
3 258
-
-
Income
19 500
19 500
19 500
19 500
Total tax
27 942
6 183
13 826
8 818
After tax
-8 442
13 317
5 674
10 682
Living cost
34 397
34 397
34 397
34 397
Free-cash
-42 839
-21 080
-28 723
-23 715

Estimated living cost  is ₽34397 per week

₽24703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2675
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6536
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽358
-₽7474
-₽5662
-₽4720
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
78
income
-
-
-
2 925
health
-
-
-
2 243
pensions

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

-
-
-
2 886
total
-
-
-
8 132
Employee
22 550
-
16 301
-
pensions

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

1 980
-
1 431
-
income
2 255
-
1 630
-
health
1 037
-
750
-
accident

We are using the highest rate at 1.1%.

248
-
180
-
total
5 520
-
3 991
-
Employer
22 550
-
16 301
-
health
1 556
-
1 125
-
pensions

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

2 485
-
1 796
-
accident

We are using the highest rate at 1.1%.

248
-
180
-
unemployment
135
-
98
-
total
4 424
-
3 199
-
Corporate
-
19 500
-
-
income
-
1 950
-
-
total
-
1 950
-
-
Dividends
-
17 550
-
-
withholding
-
878
-
-
total
-
878
-
-
Income
19 500
19 500
19 500
19 500
Total tax
9 944
2 828
7 190
8 132
After tax
9 556
16 672
12 310
11 368
Living cost
17 030
17 030
17 030
17 030
Free-cash
-7 474
-358
-4 720
-5 662

Estimated living cost  is ₽17030 per week

₽11263
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽975
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.
₽4386
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27498
-₽29197
-₽24972
-₽24972
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
income

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

-
-
-
-
health

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

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

-
-
-
6 686
surtax

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

-
-
-
-
total
-
-
-
6 686
Employee

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

48 698
-
19 500
-
income

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

4 004
-
-
-
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.

221
-
-
-
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.

6 686
-
6 686
-
total
10 911
-
6 686
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
19 500
-
-
income
-
2 925
-
-
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
-
-
trade
-
2 799
-
-
chamber of commerce
-
176
-
-
total
-
6 062
-
-
Dividends
-
13 438
-
-
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.

-
163
-
-
withholding
-
2 987
-
-
total
-
3 150
-
-
Income
19 500
19 500
19 500
19 500
Total tax
10 911
9 212
6 686
6 686
After tax
8 589
10 288
12 814
12 814
Living cost
37 786
37 786
37 786
37 786
Free-cash
-29 197
-27 498
-24 972
-24 972

Estimated living cost  is ₽37786 per week

₽26066
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4066
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7106
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽42102
-₽57059
-₽37498
-₽37498
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
836
social contributions
-
-
-
409
total
-
-
-
1 245
Employee
76 559
-
19 500
-
social contributions
6 360
-
409
-
income
14 446
-
836
-
total
20 806
-
1 245
-
Employer
76 559
-
19 500
-
total
-
-
-
-
Corporate
-
19 500
-
-
income
-
2 437
-
-
total
-
2 437
-
-
Dividends
-
17 063
-
-
withholding
-
3 412
-
-
total
-
3 412
-
-
Income
19 500
19 500
19 500
19 500
Total tax
20 806
5 849
1 245
1 245
After tax
-1 306
13 651
18 255
18 255
Living cost
55 753
55 753
55 753
55 753
Free-cash
-57 059
-42 102
-37 498
-37 498

Estimated living cost  is ₽55753 per week

₽42416
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4543
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽25776
-₽32818
-₽49971
-₽19580
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
27 860
health

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

-
-
-
6 083
total
-
-
-
33 943
Employee
44 899
-
17 724
-
social contributions
4 498
-
1 776
-
income
4 872
-
-
-
total
9 370
-
1 776
-
Employer
44 899
-
17 724
-
social contributions
4 498
-
1 776
-
total
4 498
-
1 776
-
Corporate
-
19 500
-
-
income
-
6 826
-
-
total
-
6 826
-
-
Dividends
-
12 674
-
-
social contributions
2 922
2 922
-
-
total
2 922
2 922
-
-
Income
19 500
19 500
19 500
19 500
Total tax
16 790
9 748
3 552
33 943
After tax
2 710
9 752
15 948
-14 443
Living cost
35 528
35 528
35 528
35 528
Free-cash
-32 818
-25 776
-19 580
-49 971

Estimated living cost  is ₽35528 per week

₽23402
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2801
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8780
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21902
-₽36637
-₽21004
-₽21773
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
3 877
pensions
-
-
-
113
total
-
-
-
3 990
Employee
50 120
-
18 457
-
pensions
3 825
-
26
-
income
9 127
-
3 685
-
health
654
-
4
-
total
13 606
-
3 715
-
Employer
50 120
-
18 457
-
health
953
-
351
-
pensions
5 064
-
693
-
total
6 017
-
1 044
-
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.

-
3 704
-
-
total
-
3 704
-
-
Dividends
-
15 796
-
-
withholding
-
1 184
-
-
total
-
1 184
-
-
Income
19 500
19 500
19 500
19 500
Total tax
19 623
4 888
4 759
3 990
After tax
-123
14 612
14 741
15 510
Living cost
36 514
36 514
36 514
36 514
Free-cash
-36 637
-21 902
-21 773
-21 004

Estimated living cost  is ₽36514 per week

₽25048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3358
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.
₽7649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽21430
-₽24072
-₽12505
-₽12713
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
244
income
-
-
-
2 267
health
-
-
-
2 107
pensions
-
-
-
4 019
other
-
-
-
358
total
-
-
-
8 995
Employee
36 195
-
16 199
-
pensions
4 076
-
1 824
-
income
4 966
-
2 222
-
health
4 144
-
1 855
-
total
13 186
-
5 901
-
Employer
36 195
-
16 199
-
pensions
5 885
-
2 634
-
accident
604
-
271
-
unemployment
887
-
397
-
total
7 376
-
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
20 562
17 920
9 203
8 995
After tax
-1 062
1 580
10 297
10 505
Living cost
23 010
23 010
23 010
23 010
Free-cash
-24 072
-21 430
-12 713
-12 505

Estimated living cost  is ₽23010 per week

₽16887
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1341
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.
₽4319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3348
-₽1663
-₽1039
-₽1039
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
234
health insurance
-
-
-
1 443
income
-
-
-
1 950
work injury
-
-
-
97
pensions
-
-
-
3 588
total
-
-
-
7 312
Employee

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

21 163
-
19 500
-
work injury
106
-
97
-
pensions
3 894
-
3 588
-
unemployment
254
-
234
-
income
2 116
-
1 950
-
health insurance
1 566
-
1 443
-
total
7 936
-
7 312
-
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
7 936
2 925
7 312
7 312
After tax
11 564
16 575
12 188
12 188
Living cost
13 227
13 227
13 227
13 227
Free-cash
-1 663
3 348
-1 039
-1 039

Estimated living cost  is ₽13227 per week

₽8194
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽961
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3659
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28719
-₽62974
-₽30129
-₽31881
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
108
national
-
-
-
2 740
regional
-
-
-
206
social contributions
-
-
-
7 585
total
-
-
-
10 639
Employee
82 474
-
19 500
-
national
13 937
-
2 197
-
social contributions
27 810
-
9 944
-
municipal
492
-
85
-
regional
1 245
-
165
-
total
43 484
-
12 391
-
Employer
82 474
-
19 500
-
total
-
-
-
-
Corporate
-
19 500
-
-
municipal
-
940
-
-
nationa
-
4 680
-
-
total
-
5 620
-
-
Dividends
-
13 880
-
-
withholding
-
3 609
-
-
total
-
3 609
-
-
Income
19 500
19 500
19 500
19 500
Total tax
43 484
9 229
12 391
10 639
After tax
-23 984
10 271
7 109
8 861
Living cost
38 990
38 990
38 990
38 990
Free-cash
-62 974
-28 719
-31 881
-30 129

Estimated living cost  is ₽38990 per week

₽27388
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2682
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8330
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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