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
-₽16292
-₽19125
-₽16292
-₽17379
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 587
income

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

-
-
-
-
surtax

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

-
-
-
-
trade
-
-
-
-
total
-
-
-
6 587
Employee

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

36 879
-
19 500
-
surtax

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

57
-
-
-
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.

1 030
-
-
-
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.

6 587
-
6 587
-
total
7 674
-
6 587
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
19 500
-
-
chamber of commerce
-
174
-
-
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.

-
161
-
-
trade
-
3 072
-
-
income
-
2 926
-
-
total
-
6 333
-
-
Dividends
-
13 167
-
-
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.

-
161
-
-
withholding
-
2 926
-
-
total
-
3 087
-
-
Income
19 500
19 500
19 500
19 500
Total tax
7 674
9 420
6 587
6 587
After tax
11 826
10 080
12 913
12 913
Living cost
29 205
29 205
29 205
29 205
Free-cash
-17 379
-19 125
-16 292
-16 292

Estimated living cost  is ₽29205 per week

₽18371
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6884
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽36420
-₽38752
-₽36573
-₽66599
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 500
social contributions
-
-
-
210
pensions
-
-
-
2 340
national
-
-
-
1 582
municipal
-
-
-
1 021
total
-
-
-
5 153
Employee
78 935
-
16 858
-
municipal
9 750
-
1 097
-
national
15 108
-
1 699
-
pensions
3 157
-
674
-
total
28 015
-
3 470
-
Employer
78 935
-
16 858
-
pensions
6 315
-
1 349
-
social contributions
849
-
181
-
total
7 164
-
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
35 179
7 332
5 000
5 153
After tax
-15 679
12 168
14 500
14 347
Living cost
50 920
50 920
50 920
50 920
Free-cash
-66 599
-38 752
-36 420
-36 573

Estimated living cost  is ₽50920 per week

₽34610
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4733
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽762
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10815
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8872
-₽4458
-₽6521
-₽15461
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
3 036
income
-
-
-
-
surtax
-
-
-
-
microenterprise
-
-
-
2 926
total
-
-
-
5 962
Employee
28 174
-
15 714
-
surtax
-
-
-
-
social contributions

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

3 100
-
1 729
-
income
5 015
-
2 798
-
total
8 115
-
4 527
-
Employer
28 174
-
15 714
-
surtax
-
-
-
-
social contributions

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

6 787
-
3 786
-
total
6 787
-
3 786
-
Corporate
-
19 500
-
-
income

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

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

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

-
15 601
-
-
total
-
-
-
-
Income
19 500
19 500
19 500
19 500
Total tax
14 902
3 899
8 313
5 962
After tax
4 598
15 601
11 187
13 538
Living cost
20 059
20 059
20 059
20 059
Free-cash
-15 461
-4 458
-8 872
-6 521

Estimated living cost  is ₽20059 per week

₽12797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1910
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4896
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽76247
-₽70835
-₽29150
-₽76247
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 500
health
-
-
-
2 992
income
-
-
-
1 755
pensions
-
-
-
3 511
total
-
-
-
8 258
Employee
82 339
82 339
82 339
-
income

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

13 478
13 478
13 478
-
pensions
14 821
11 297
14 821
-
health
12 638
10 750
12 638
-
total
40 937
35 525
40 937
-
Employer
82 339
82 339
82 339
-
unemployment
2 964
2 964
2 964
-
health
5 723
5 723
5 723
-
pensions
5 731
5 731
5 731
-
total
14 418
14 418
14 418
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
19 500
19 500
19 500
19 500
Total tax
55 355
49 943
55 355
8 258
After tax
-35 855
-30 443
-35 855
11 242
Living cost
40 392
40 392
40 392
40 392
Free-cash
-76 247
-70 835
-76 247
-29 150

Estimated living cost  is ₽40392 per week

₽28625
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7484
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29659
-₽29424
-₽30350
-₽55538
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
2 266
health
-
-
-
1 217
accident
-
-
-
39
pensions
-
-
-
2 108
national
-
-
-
-
unemployment
-
-
-
19
municipal
-
-
-
4 130
total
-
-
-
9 779
Employee
57 098
-
14 838
-
municipal
17 027
-
4 425
-
national
-
-
-
-
total
17 027
-
4 425
-
Employer
57 098
-
14 838
-
other
6 635
-
1 724
-
unemployment
1 507
-
392
-
health
3 512
-
913
-
accident
114
-
30
-
pensions
6 172
-
1 604
-
total
17 940
-
4 663
-
Corporate
-
19 500
-
-
income
-
4 290
-
-
total
-
4 290
-
-
Dividends
-
15 210
-
-
withholding
-
4 563
-
-
total
-
4 563
-
-
Income
19 500
19 500
19 500
19 500
Total tax
34 967
8 853
9 088
9 779
After tax
-15 467
10 647
10 412
9 721
Living cost
40 071
40 071
40 071
40 071
Free-cash
-55 538
-29 424
-29 659
-30 350

Estimated living cost  is ₽40071 per week

₽26558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽609
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8973
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24965
-₽27897
-₽24965
-₽29397
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 587
income

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

-
-
-
-
surtax

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

-
-
-
-
trade
-
-
-
-
total
-
-
-
6 587
Employee

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

48 897
-
19 500
-
surtax

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

231
-
-
-
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.

4 201
-
-
-
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.

6 587
-
6 587
-
total
11 019
-
6 587
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
19 500
-
-
chamber of commerce
-
174
-
-
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.

-
161
-
-
trade
-
3 208
-
-
income
-
2 926
-
-
total
-
6 469
-
-
Dividends
-
13 032
-
-
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.

-
159
-
-
withholding
-
2 891
-
-
total
-
3 050
-
-
Income
19 500
19 500
19 500
19 500
Total tax
11 019
9 519
6 587
6 587
After tax
8 481
9 981
12 913
12 913
Living cost
37 878
37 878
37 878
37 878
Free-cash
-29 397
-27 897
-24 965
-24 965

Estimated living cost  is ₽37878 per week

₽25333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7985
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽25148
-₽33576
-₽18427
-₽28306
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 655
social contributions
-
-
-
5 718
health
-
-
-
935
income
-
-
-
-
total
-
-
-
6 653
Employee
74 142
74 142
74 142
-
social contributions
3 603
6 153
2 075
-
income
7 786
6 863
8 336
-
health
737
1 261
425
-
total
12 126
14 277
10 836
-
Employer
74 142
74 142
74 142
-
health
803
1 372
463
-
social contributions
3 603
6 153
2 075
-
total
4 406
7 525
2 538
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
19 500
19 500
19 500
19 500
Total tax
16 532
21 802
13 374
6 653
After tax
2 968
-2 302
6 126
12 847
Living cost
31 274
31 274
31 274
31 274
Free-cash
-28 306
-33 576
-25 148
-18 427

Estimated living cost  is ₽31274 per week

₽21379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2443
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6927
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6488
-₽6518
-₽4283
-₽11191
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

25 684
10 222
16 318
-
income
3 140
1 250
1 995
-
pensions
2 568
1 022
1 632
-
health
1 798
716
1 142
-
unemployment
385
153
245
-
total
7 891
3 141
5 014
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 684
10 222
16 318
-
pensions
5 008
1 993
3 182
-
total
5 008
1 993
3 182
-
Corporate
-
7 285
-
-
income
-
656
-
-
total
-
656
-
-
Dividends
-
6 629
-
-
social contributions
-
1 176
-
-
withholding
-
1 260
-
-
total
-
2 436
-
-
Income
19 500
19 500
19 500
19 500
Total tax
12 899
8 226
8 196
5 991
After tax
6 601
11 274
11 304
13 509
Living cost
17 792
17 792
17 792
17 792
Free-cash
-11 191
-6 518
-6 488
-4 283

Estimated living cost  is ₽17792 per week

₽12142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1456
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽356
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9853
-₽7688
-₽10639
-₽17098
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 500
health
-
-
-
2 534
income
-
-
-
417
pensions
-
-
-
3 899
total
-
-
-
6 850
Employee
27 353
-
14 574
-
income
3 079
-
615
-
pensions
547
-
291
-
unemployment
437
-
232
-
total
4 063
-
1 138
-
Employer
27 353
-
14 574
-
unemployment
220
-
117
-
health
3 555
-
1 894
-
pensions
5 471
-
2 915
-
total
9 246
-
4 926
-
Corporate
-
19 500
-
-
income
-
3 899
-
-
total
-
3 899
-
-
Dividends
-
15 601
-
-
total
-
-
-
-
Income
19 500
19 500
19 500
19 500
Total tax
13 309
3 899
6 064
6 850
After tax
6 191
15 601
13 436
12 650
Living cost
23 289
23 289
23 289
23 289
Free-cash
-17 098
-7 688
-9 853
-10 639

Estimated living cost  is ₽23289 per week

₽15974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1387
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.
₽5460
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11151
-₽19870
-₽10996
-₽21119
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
361
health
-
-
-
2 126
accident
-
-
-
246
income
-
-
-
2 256
pensions
-
-
-
4 057
total
-
-
-
9 046
Employee
33 742
-
16 198
-
income
4 629
-
2 222
-
pensions
3 799
-
1 823
-
health
3 864
-
1 855
-
total
12 292
-
5 900
-
Employer
33 742
-
16 198
-
unemployment
827
-
397
-
accident
563
-
271
-
pensions
5 487
-
2 633
-
total
6 877
-
3 301
-
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
19 169
17 920
9 201
9 046
After tax
331
1 580
10 299
10 454
Living cost
21 450
21 450
21 450
21 450
Free-cash
-21 119
-19 870
-11 151
-10 996

Estimated living cost  is ₽21450 per week

₽15721
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1188
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7705
₽10630
₽11410
₽9149
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
19 500
microenterprise

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

-
-
-
195
total
-
-
-
195
Employee
9 869
-
19 500
-
income
1 974
-
3 900
-
total
1 974
-
3 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

9 631
19 500
-
-
total
-
-
-
-
Dividends
9 631
19 500
-
-
withholding
482
975
-
-
total
482
975
-
-
Income
19 500
19 500
19 500
19 500
Total tax
2 456
975
3 900
195
After tax
17 044
18 525
15 600
19 305
Living cost
7 895
7 895
7 895
7 895
Free-cash
9 149
10 630
7 705
11 410

Estimated living cost  is ₽7895 per week

₽4893
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽656
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽217
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14263
-₽11365
-₽15132
-₽24330
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
926
health
-
-
-
858
income
-
-
-
2 477
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.

-
-
-
4 679
total
-
-
-
8 940
Employee
35 009
-
15 577
-
income
6 027
-
2 682
-
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.

2 450
-
1 091
-
health
490
-
218
-
unemployment
349
-
156
-
total
9 316
-
4 147
-
Employer
35 009
-
15 577
-
other
1 751
-
778
-
unemployment
349
-
156
-
health
490
-
218
-
accident
280
-
124
-
pensions

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

5 952
-
2 648
-
total
8 822
-
3 924
-
Corporate
-
19 500
-
-
income
-
4 095
-
-
total
-
4 095
-
-
Dividends
-
15 405
-
-
withholding
-
1 078
-
-
total
-
1 078
-
-
Income
19 500
19 500
19 500
19 500
Total tax
18 138
5 173
8 071
8 940
After tax
1 362
14 327
11 429
10 560
Living cost
25 692
25 692
25 692
25 692
Free-cash
-24 330
-11 365
-14 263
-15 132

Estimated living cost  is ₽25692 per week

₽18153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5390
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽49598
-₽49657
-₽48787
-₽83890
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 871
pensions
-
-
-
150
total
-
-
-
4 021
Employee
90 927
-
18 421
-
income
16 391
-
3 668
-
health
1 498
-
13
-
pensions
8 772
-
72
-
total
26 661
-
3 753
-
Employer
90 927
-
18 421
-
health
1 727
-
349
-
pensions
10 736
-
730
-
total
12 463
-
1 079
-
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.

-
3 706
-
-
total
-
3 706
-
-
Dividends
-
15 794
-
-
withholding
-
1 185
-
-
total
-
1 185
-
-
Income
19 500
19 500
19 500
19 500
Total tax
39 124
4 891
4 832
4 021
After tax
-19 624
14 609
14 668
15 479
Living cost
64 266
64 266
64 266
64 266
Free-cash
-83 890
-49 657
-49 598
-48 787

Estimated living cost  is ₽64266 per week

₽48156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7551
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8038
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽144
₽4218
-₽1086
-₽230
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 500
health
-
-
-
2 242
income
-
-
-
2 925
pensions

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

-
-
-
2 886
unemployment
-
-
-
78
total
-
-
-
8 131
Employee
16 492
-
16 302
-
income
1 649
-
1 630
-
accident

We are using the highest rate at 1.1%.

182
-
180
-
pensions

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

1 448
-
1 431
-
health
759
-
750
-
total
4 038
-
3 991
-
Employer
16 492
-
16 302
-
unemployment
99
-
98
-
health
1 138
-
1 124
-
accident

We are using the highest rate at 1.1%.

182
-
180
-
pensions

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

1 818
-
1 796
-
total
3 237
-
3 198
-
Corporate
-
19 500
-
-
income
-
1 950
-
-
total
-
1 950
-
-
Dividends
-
17 550
-
-
withholding
-
877
-
-
total
-
877
-
-
Income
19 500
19 500
19 500
19 500
Total tax
7 275
2 827
7 189
8 131
After tax
12 225
16 673
12 311
11 369
Living cost
12 455
12 455
12 455
12 455
Free-cash
-230
4 218
-144
-1 086

Estimated living cost  is ₽12455 per week

₽7271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽889
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽330
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽89321
-₽83909
-₽42224
-₽85545
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 500
health
-
-
-
2 992
income
-
-
-
1 755
pensions
-
-
-
3 511
total
-
-
-
8 258
Employee
89 394
82 339
82 339
-
income

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

13 478
13 478
13 478
-
pensions
11 297
11 297
14 821
-
health
11 152
10 750
12 638
-
total
35 927
35 525
40 937
-
Employer
89 394
82 339
82 339
-
unemployment
3 219
2 964
2 964
-
health
6 212
5 723
5 723
-
pensions
6 221
5 731
5 731
-
total
15 652
14 418
14 418
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
19 500
19 500
19 500
19 500
Total tax
51 579
49 943
55 355
8 258
After tax
-32 079
-30 443
-35 855
11 242
Living cost
53 466
53 466
53 466
53 466
Free-cash
-85 545
-83 909
-89 321
-42 224

Estimated living cost  is ₽53466 per week

₽39440
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽613
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8638
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
-₽13932
-₽10401
-₽14330
-₽27454
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 500
social contributions
-
-
-
5 694
health
-
-
-
2 633
income
-
-
-
1 676
solidarity contribution
-
-
-
-
total
-
-
-
10 003
Employee
35 040
-
14 552
-
social contributions
2 278
-
946
-
solidarity contribution
-
-
-
-
income
4 205
-
1 746
-
health
4 730
-
1 965
-
total
11 213
-
4 657
-
Employer
35 040
-
14 552
-
health
3 154
-
1 310
-
social contributions
8 760
-
3 638
-
total
11 914
-
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
23 127
6 074
9 605
10 003
After tax
-3 627
13 426
9 895
9 497
Living cost
23 827
23 827
23 827
23 827
Free-cash
-27 454
-10 401
-13 932
-14 330

Estimated living cost  is ₽23827 per week

₽16551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1695
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽33411
-₽30284
-₽31671
-₽66192
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 500
social contributions
-
-
-
7 473
national
-
-
-
2 767
regional
-
-
-
148
municipal
-
-
-
97
total
-
-
-
10 485
Employee
85 692
-
19 500
-
social contributions
28 895
-
9 797
-
municipal
454
-
77
-
national
14 848
-
2 232
-
regional
809
-
119
-
total
45 006
-
12 225
-
Employer
85 692
-
19 500
-
total
-
-
-
-
Corporate
-
19 500
-
-
nationa
-
4 681
-
-
municipal
-
761
-
-
total
-
5 442
-
-
Dividends
-
14 058
-
-
withholding
-
3 656
-
-
total
-
3 656
-
-
Income
19 500
19 500
19 500
19 500
Total tax
45 006
9 098
12 225
10 485
After tax
-25 506
10 402
7 275
9 015
Living cost
40 686
40 686
40 686
40 686
Free-cash
-66 192
-30 284
-33 411
-31 671

Estimated living cost  is ₽40686 per week

₽28361
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽624
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9032
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10475
-₽9012
-₽10079
-₽19097
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
-
health
-
-
-
1 383
income
-
-
-
2 800
pensions
-
-
-
3 899
surtax
-
-
-
-
unemployment
-
-
-
220
total
-
-
-
8 302
Employee
31 886
-
16 108
-
surtax
104
-
-
-
income
5 345
-
2 701
-
other
-
-
-
-
pensions
2 126
-
1 074
-
health
814
-
410
-
unemployment
2 219
-
1 122
-
total
10 608
-
5 307
-
Employer
31 886
-
16 108
-
other
-
-
-
-
unemployment
1 010
-
511
-
health
1 451
-
734
-
pensions
4 251
-
2 146
-
total
6 712
-
3 391
-
Corporate
-
19 500
-
-
income
-
5 070
-
-
total
-
5 070
-
-
Dividends
-
14 430
-
-
withholding
-
2 165
-
-
total
-
2 165
-
-
Income
19 500
19 500
19 500
19 500
Total tax
17 320
7 235
8 698
8 302
After tax
2 180
12 265
10 802
11 198
Living cost
21 277
21 277
21 277
21 277
Free-cash
-19 097
-9 012
-10 475
-10 079

Estimated living cost  is ₽21277 per week

₽13010
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1963
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29237
-₽29296
-₽28426
-₽49191
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 871
pensions
-
-
-
150
total
-
-
-
4 021
Employee
60 937
-
18 421
-
income
10 975
-
3 668
-
health
885
-
13
-
pensions
5 172
-
72
-
total
17 032
-
3 753
-
Employer
60 937
-
18 421
-
health
1 158
-
349
-
pensions
6 596
-
730
-
total
7 754
-
1 079
-
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.

-
3 706
-
-
total
-
3 706
-
-
Dividends
-
15 794
-
-
withholding
-
1 185
-
-
total
-
1 185
-
-
Income
19 500
19 500
19 500
19 500
Total tax
24 786
4 891
4 832
4 021
After tax
-5 286
14 609
14 668
15 479
Living cost
43 905
43 905
43 905
43 905
Free-cash
-49 191
-29 296
-29 237
-28 426

Estimated living cost  is ₽43905 per week

₽32893
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3291
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽64137
-₽69086
-₽61214
-₽80478
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
391
health
-
-
-
254
pensions
-
-
-
1 793
city
-
-
-
202
national
-
-
-
-
regional
-
-
-
72
total
-
-
-
2 712
Employee
91 283
-
16 421
-
national
432
-
-
-
city
980
-
162
-
pensions
7 669
-
2 534
-
health
206
-
36
-
regional
2 989
-
4
-
unemployment
-
-
-
-
total
12 276
-
2 736
-
Employer
91 283
-
16 421
-
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.

1 825
-
329
-
unemployment
-
-
-
-
health
206
-
36
-
pensions
7 669
-
2 534
-
total
9 700
-
2 899
-
Corporate
-
19 500
-
-
regional
-
4 125
-
-
national
-
1 657
-
-
total
-
5 782
-
-
Dividends
-
13 718
-
-
withholding
-
4 802
-
-
total
-
4 802
-
-
Income
19 500
19 500
19 500
19 500
Total tax
21 976
10 584
5 635
2 712
After tax
-2 476
8 916
13 865
16 788
Living cost
78 002
78 002
78 002
78 002
Free-cash
-80 478
-69 086
-64 137
-61 214

Estimated living cost  is ₽78002 per week

₽50724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽958
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19321
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽31258
-₽34292
-₽31258
-₽38447
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 587
income

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

-
-
-
-
surtax

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

-
-
-
-
trade
-
-
-
-
total
-
-
-
6 587
Employee

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

57 947
-
19 500
-
surtax

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

375
-
-
-
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.

6 814
-
-
-
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.

6 587
-
6 587
-
total
13 776
-
6 587
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
19 500
-
-
chamber of commerce
-
174
-
-
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.

-
161
-
-
trade
-
3 345
-
-
income
-
2 926
-
-
total
-
6 606
-
-
Dividends
-
12 895
-
-
surtax

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

-
157
-
-
withholding
-
2 858
-
-
total
-
3 015
-
-
Income
19 500
19 500
19 500
19 500
Total tax
13 776
9 621
6 587
6 587
After tax
5 724
9 879
12 913
12 913
Living cost
44 171
44 171
44 171
44 171
Free-cash
-38 447
-34 292
-31 258
-31 258

Estimated living cost  is ₽44171 per week

₽32260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7804
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20228
-₽23159
-₽21499
-₽34654
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
604
social contributions
-
-
-
554
health
-
-
-
258
income
-
-
-
-
pensions
-
-
-
6 594
surtax
-
-
-
-
total
-
-
-
8 010
Employee
41 266
-
14 860
-
surtax
-
-
-
-
social contributions
1 177
-
423
-
income
2 435
-
-
-
pensions
4 666
-
1 680
-
total
8 278
-
2 103
-
Employer
41 266
-
14 860
-
other
1 424
-
512
-
unemployment
1 671
-
602
-
health
2 889
-
1 039
-
pensions
6 779
-
2 439
-
social contributions
124
-
44
-
total
12 887
-
4 636
-
Corporate
-
19 500
-
-
surtax
-
-
-
-
income
-
5 460
-
-
total
-
5 460
-
-
Dividends
-
14 040
-
-
social contributions
-
2 413
-
-
surtax
-
-
-
-
withholding
-
1 797
-
-
total
-
4 210
-
-
Income
19 500
19 500
19 500
19 500
Total tax
21 165
9 670
6 739
8 010
After tax
-1 665
9 830
12 761
11 490
Living cost
32 989
32 989
32 989
32 989
Free-cash
-34 654
-23 159
-20 228
-21 499

Estimated living cost  is ₽32989 per week

₽20801
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.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8946
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16959
-₽19890
-₽18230
-₽28839
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 500
other
-
-
-
604
social contributions
-
-
-
554
health
-
-
-
258
income
-
-
-
-
pensions
-
-
-
6 594
surtax
-
-
-
-
total
-
-
-
8 010
Employee
36 836
-
14 860
-
surtax
-
-
-
-
social contributions
1 050
-
423
-
income
1 899
-
-
-
pensions
4 166
-
1 680
-
total
7 115
-
2 103
-
Employer
36 836
-
14 860
-
other
1 272
-
512
-
unemployment
1 491
-
602
-
health
2 578
-
1 039
-
pensions
6 053
-
2 439
-
social contributions
110
-
44
-
total
11 504
-
4 636
-
Corporate
-
19 500
-
-
surtax
-
-
-
-
income
-
5 460
-
-
total
-
5 460
-
-
Dividends
-
14 040
-
-
social contributions
-
2 413
-
-
surtax
-
-
-
-
withholding
-
1 797
-
-
total
-
4 210
-
-
Income
19 500
19 500
19 500
19 500
Total tax
18 619
9 670
6 739
8 010
After tax
881
9 830
12 761
11 490
Living cost
29 720
29 720
29 720
29 720
Free-cash
-28 839
-19 890
-16 959
-18 230

Estimated living cost  is ₽29720 per week

₽17236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8902
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10000
-₽8550
-₽7925
-₽15726
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 500
social contributions
-
-
-
2 692
health
-
-
-
1 361
income
-
-
-
2 926
total
-
-
-
6 979
Employee
32 692
-
19 500
-
social contributions
4 512
-
2 692
-
income
5 453
-
5 001
-
health
2 282
-
1 361
-
total
12 247
-
9 054
-
Employer
32 692
-
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
1 682
2 556
-
-
withholding
-
2 779
-
-
health
851
1 294
-
-
total
2 533
6 629
-
-
Income
19 500
19 500
19 500
19 500
Total tax
14 780
7 604
9 054
6 979
After tax
4 720
11 896
10 446
12 521
Living cost
20 446
20 446
20 446
20 446
Free-cash
-15 726
-8 550
-10 000
-7 925

Estimated living cost  is ₽20446 per week

₽13683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1261
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.
₽5030
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29593
-₽36433
-₽25757
-₽43660
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 500
health
-
-
-
1 491
income
-
-
-
-
chamber of commerce
-
-
-
79
pensions
-
-
-
3 608
surtax
-
-
-
190
unemployment
-
-
-
5 914
total
-
-
-
11 282
Employee
48 186
38 425
38 425
-
income
5 486
2 834
4 263
-
other
481
384
135
-
pensions
4 935
3 934
1 391
-
health
1 865
1 488
525
-
unemployment
1 446
1 153
408
-
total
14 213
9 793
6 722
-
Employer
48 186
38 425
38 425
-
other
2 289
1 824
1 614
-
unemployment
1 446
1 153
408
-
health
1 821
1 453
514
-
surtax
190
190
190
-
accident
626
500
177
-
pensions
6 047
4 823
1 705
-
payroll
1 446
1 153
1 153
-
chamber of commerce
192
154
154
-
total
14 057
11 250
5 915
-
Corporate
3 660
3 660
9 925
-
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.

915
915
2 481
-
total
915
915
2 481
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
19 500
19 500
19 500
19 500
Total tax
29 185
21 958
15 118
11 282
After tax
-9 685
-2 458
4 382
8 218
Living cost
33 975
33 975
33 975
33 975
Free-cash
-43 660
-36 433
-29 593
-25 757

Estimated living cost  is ₽33975 per week

₽22660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2898
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7859
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26100
-₽23939
-₽25209
-₽69545
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 500
social contributions
-
-
-
5 083
communal

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

-
-
-
865
national
-
-
-
3 605
total
-
-
-
9 553
Employee

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

68 970
-
15 101
-
national
21 204
-
3 283
-
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.

5 173
-
1 133
-
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.

3 240
-
710
-
communal

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

3 597
-
787
-
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.

600
-
132
-
total
33 814
-
6 045
-
Employer

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

68 970
-
15 101
-
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.

1 006
-
220
-
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.

4 241
-
930
-
surtax
7 820
-
1 713
-
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.

897
-
198
-
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.

6 111
-
1 338
-
total
20 075
-
4 399
-
Corporate
-
19 500
-
-
surtax
-
79
-
-
income
-
3 899
-
-
total
-
3 978
-
-
Dividends
-
15 522
-
-
withholding

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

-
4 305
-
-
total
-
4 305
-
-
Income
19 500
19 500
19 500
19 500
Total tax
53 889
8 283
10 444
9 553
After tax
-34 389
11 217
9 056
9 947
Living cost
35 156
35 156
35 156
35 156
Free-cash
-69 545
-23 939
-26 100
-25 209

Estimated living cost  is ₽35156 per week

₽22645
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8887
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28999
-₽21508
-₽24064
-₽43795
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
20
accident
-
-
-
187
income
-
-
-
2 523
pensions
-
-
-
5 868
unemployment
-
-
-
145
total
-
-
-
8 743
Employee
47 996
-
9 235
-
income
10 127
-
1 367
-
other
48
-
33
-
pensions
2 256
-
1 513
-
unemployment
745
-
500
-
total
13 176
-
3 413
-
Employer
47 996
-
9 235
-
other
382
-
258
-
unemployment
2 640
-
1 771
-
accident
950
-
637
-
pensions
11 326
-
7 599
-
total
15 298
-
10 265
-
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.

-
2 926
-
-
total
-
2 926
-
-
Dividends
-
16 574
-
-
withholding
-
3 261
-
-
total
-
3 261
-
-
Income
19 500
19 500
19 500
19 500
Total tax
28 474
6 187
13 678
8 743
After tax
-8 974
13 313
5 822
10 757
Living cost
34 821
34 821
34 821
34 821
Free-cash
-43 795
-21 508
-28 999
-24 064

Estimated living cost  is ₽34821 per week

₽25642
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2470
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.
₽6207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽44677
-₽39059
-₽44676
-₽62244
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 500
health
-
-
-
3 440
accident
-
-
-
414
income
-
-
-
-
pensions
-
-
-
7 341
communal
-
-
-
-
surtax
-
-
-
582
total
-
-
-
11 777
Employee
73 018
-
14 016
-
surtax
4 476
-
582
-
income
7 053
-
-
-
pensions
5 841
-
3 670
-
health
3 250
-
2 042
-
total
20 620
-
6 294
-
Employer
73 018
-
14 016
-
health
2 227
-
1 400
-
accident
657
-
414
-
pensions
5 841
-
3 670
-
total
8 725
-
5 484
-
Corporate
-
19 500
-
-
surtax
-
205
-
-
income
-
2 926
-
-
communal
-
-
-
-
total
-
3 131
-
-
Dividends
-
16 369
-
-
income
-
573
-
-
withholding
-
2 456
-
-
total
-
3 029
-
-
Income
19 500
19 500
19 500
19 500
Total tax
29 345
6 160
11 778
11 777
After tax
-9 845
13 340
7 722
7 723
Living cost
52 399
52 399
52 399
52 399
Free-cash
-62 244
-39 059
-44 677
-44 676

Estimated living cost  is ₽52399 per week

₽39307
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3175
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9361
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10855
-₽9392
-₽10459
-₽19807
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
-
health
-
-
-
1 383
income
-
-
-
2 800
pensions
-
-
-
3 899
surtax
-
-
-
-
unemployment
-
-
-
220
total
-
-
-
8 302
Employee
32 471
-
16 108
-
surtax
115
-
-
-
income
5 444
-
2 701
-
other
-
-
-
-
pensions
2 166
-
1 074
-
health
829
-
410
-
unemployment
2 260
-
1 122
-
total
10 814
-
5 307
-
Employer
32 471
-
16 108
-
other
-
-
-
-
unemployment
1 030
-
511
-
health
1 477
-
734
-
pensions
4 329
-
2 146
-
total
6 836
-
3 391
-
Corporate
-
19 500
-
-
income
-
5 070
-
-
total
-
5 070
-
-
Dividends
-
14 430
-
-
withholding
-
2 165
-
-
total
-
2 165
-
-
Income
19 500
19 500
19 500
19 500
Total tax
17 650
7 235
8 698
8 302
After tax
1 850
12 265
10 802
11 198
Living cost
21 657
21 657
21 657
21 657
Free-cash
-19 807
-9 392
-10 855
-10 459

Estimated living cost  is ₽21657 per week

₽13075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18777
-₽15725
-₽17053
-₽33987
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 500
social contributions
-
-
-
7 473
national
-
-
-
2 767
regional
-
-
-
243
municipal
-
-
-
97
total
-
-
-
10 580
Employee
53 486
-
19 500
-
social contributions
18 036
-
9 797
-
municipal
284
-
77
-
national
8 474
-
2 232
-
regional
720
-
198
-
total
27 514
-
12 304
-
Employer
53 486
-
19 500
-
total
-
-
-
-
Corporate
-
19 500
-
-
nationa
-
4 681
-
-
municipal
-
970
-
-
total
-
5 651
-
-
Dividends
-
13 850
-
-
withholding
-
3 601
-
-
total
-
3 601
-
-
Income
19 500
19 500
19 500
19 500
Total tax
27 514
9 252
12 304
10 580
After tax
-8 014
10 248
7 196
8 920
Living cost
25 973
25 973
25 973
25 973
Free-cash
-33 987
-15 725
-18 777
-17 053

Estimated living cost  is ₽25973 per week

₽16153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2631
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6744
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19467
-₽15936
-₽19865
-₽38360
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 500
social contributions
-
-
-
5 694
health
-
-
-
2 633
income
-
-
-
1 676
solidarity contribution
-
-
-
-
total
-
-
-
10 003
Employee
43 179
-
14 552
-
social contributions
2 807
-
946
-
solidarity contribution
-
-
-
-
income
5 181
-
1 746
-
health
5 829
-
1 965
-
total
13 817
-
4 657
-
Employer
43 179
-
14 552
-
health
3 886
-
1 310
-
social contributions
10 795
-
3 638
-
total
14 681
-
4 948
-
Corporate
-
19 500
-
-
income
-
3 705
-
-
total
-
3 705
-
-
Dividends
-
15 795
-
-
withholding
-
2 369
-
-
total
-
2 369
-
-
Income
19 500
19 500
19 500
19 500
Total tax
28 498
6 074
9 605
10 003
After tax
-8 998
13 426
9 895
9 497
Living cost
29 362
29 362
29 362
29 362
Free-cash
-38 360
-15 936
-19 467
-19 865

Estimated living cost  is ₽29362 per week

₽21835
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1627
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26281
-₽33029
-₽22353
-₽35691
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 500
health
-
-
-
1 491
income
-
-
-
-
chamber of commerce
-
-
-
79
pensions
-
-
-
3 608
surtax
-
-
-
-
unemployment
-
-
-
5 914
total
-
-
-
11 092
Employee
42 148
38 425
38 425
-
income
3 755
2 834
4 252
-
other
421
384
137
-
pensions
4 316
3 934
1 407
-
health
1 630
1 488
532
-
unemployment
1 264
1 153
412
-
total
11 386
9 793
6 740
-
Employer
42 148
38 425
38 425
-
other
2 002
1 824
1 616
-
unemployment
1 264
1 153
412
-
health
1 594
1 453
520
-
surtax
-
-
-
-
accident
547
500
179
-
pensions
5 290
4 823
1 725
-
payroll
1 264
1 153
1 153
-
chamber of commerce
168
154
154
-
total
12 129
11 060
5 759
-
Corporate
3 660
3 660
10 082
-
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.

915
915
2 521
-
total
915
915
2 521
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
19 500
19 500
19 500
19 500
Total tax
24 430
21 768
15 020
11 092
After tax
-4 930
-2 268
4 480
8 408
Living cost
30 761
30 761
30 761
30 761
Free-cash
-35 691
-33 029
-26 281
-22 353

Estimated living cost  is ₽30761 per week

₽18453
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8618
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3297
₽6222
₽7002
₽3915
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
19 500
microenterprise

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

-
-
-
195
total
-
-
-
195
Employee
15 379
-
19 500
-
income
3 076
-
3 900
-
total
3 076
-
3 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

4 121
19 500
-
-
total
-
-
-
-
Dividends
4 121
19 500
-
-
withholding
206
975
-
-
total
206
975
-
-
Income
19 500
19 500
19 500
19 500
Total tax
3 282
975
3 900
195
After tax
16 218
18 525
15 600
19 305
Living cost
12 303
12 303
12 303
12 303
Free-cash
3 915
6 222
3 297
7 002

Estimated living cost  is ₽12303 per week

₽8326
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽516
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.
₽3048
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14819
-₽12437
-₽14109
-₽29777
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
1 919
income
-
-
-
2 238
pensions
-
-
-
3 561
unemployment
-
-
-
29
total
-
-
-
7 747
Employee

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

42 637
-
16 872
-
income
7 353
-
2 102
-
pensions
6 609
-
2 615
-
health
2 754
-
1 089
-
unemployment
60
-
24
-
total
16 776
-
5 830
-
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.

42 637
-
16 872
-
unemployment
26
-
11
-
health
2 840
-
1 123
-
pensions
3 773
-
1 493
-
total
6 639
-
2 627
-
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
23 415
6 075
8 457
7 747
After tax
-3 915
13 425
11 043
11 753
Living cost
25 862
25 862
25 862
25 862
Free-cash
-29 777
-12 437
-14 819
-14 109

Estimated living cost  is ₽25862 per week

₽17749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1658
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽38356
-₽31411
-₽29799
-₽130040
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 500
social contributions
-
-
-
2 223
income
-
-
-
3 801
total
-
-
-
6 024
Employee
62 050
-
7 031
-
social contributions
5 088
-
725
-
income
13 687
-
1 387
-
total
18 775
-
2 112
-
Employer
62 050
-
7 031
-
social contributions
87 490
-
12 469
-
total
87 490
-
12 469
-
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
106 265
7 636
14 581
6 024
After tax
-86 765
11 864
4 919
13 476
Living cost
43 275
43 275
43 275
43 275
Free-cash
-130 040
-31 411
-38 356
-29 799

Estimated living cost  is ₽43275 per week

₽28078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4070
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18342
-₽19152
-₽18658
-₽35378
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
6 776
income
-
-
-
1 138
surtax
-
-
-
-
total
-
-
-
7 914
Employee
44 346
-
15 758
-
surtax
-
-
-
-
social contributions
4 878
-
1 733
-
income
9 224
-
2 123
-
total
14 102
-
3 856
-
Employer
44 346
-
15 758
-
social contributions
10 532
-
3 742
-
total
10 532
-
3 742
-
Corporate
-
19 500
-
-
surtax
-
-
-
-
income
-
4 095
-
-
total
-
4 095
-
-
Dividends
-
15 405
-
-
withholding
-
4 313
-
-
total
-
4 313
-
-
Income
19 500
19 500
19 500
19 500
Total tax
24 634
8 408
7 598
7 914
After tax
-5 134
11 092
11 902
11 586
Living cost
30 244
30 244
30 244
30 244
Free-cash
-35 378
-19 152
-18 342
-18 658

Estimated living cost  is ₽30244 per week

₽22629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5326
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽33809
-₽36740
-₽35080
-₽59750
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
604
social contributions
-
-
-
554
health
-
-
-
258
income
-
-
-
-
pensions
-
-
-
6 594
surtax
-
-
-
-
total
-
-
-
8 010
Employee
60 390
-
14 860
-
surtax
-
-
-
-
social contributions
1 720
-
423
-
income
5 269
-
-
-
pensions
6 830
-
1 680
-
total
13 819
-
2 103
-
Employer
60 390
-
14 860
-
other
2 084
-
512
-
unemployment
2 446
-
602
-
health
4 227
-
1 039
-
pensions
9 923
-
2 439
-
social contributions
181
-
44
-
total
18 861
-
4 636
-
Corporate
-
19 500
-
-
surtax
-
-
-
-
income
-
5 460
-
-
total
-
5 460
-
-
Dividends
-
14 040
-
-
social contributions
-
2 413
-
-
surtax
-
-
-
-
withholding
-
1 797
-
-
total
-
4 210
-
-
Income
19 500
19 500
19 500
19 500
Total tax
32 680
9 670
6 739
8 010
After tax
-13 180
9 830
12 761
11 490
Living cost
46 570
46 570
46 570
46 570
Free-cash
-59 750
-36 740
-33 809
-35 080

Estimated living cost  is ₽46570 per week

₽31518
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3810
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13198
-₽11435
-₽13775
-₽16304
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 291
total
-
-
-
4 291
Employee
30 998
-
16 883
-
income
-
-
-
-
social contributions
2 015
-
1 098
-
total
2 015
-
1 098
-
Employer
30 998
-
16 883
-
social contributions
4 805
-
2 617
-
total
4 805
-
2 617
-
Corporate
-
19 500
-
-
income
-
1 951
-
-
total
-
1 951
-
-
Dividends
-
17 549
-
-
total
-
-
-
-
Income
19 500
19 500
19 500
19 500
Total tax
6 820
1 951
3 715
4 291
After tax
12 680
17 549
15 785
15 209
Living cost
28 984
28 984
28 984
28 984
Free-cash
-16 304
-11 435
-13 198
-13 775

Estimated living cost  is ₽28984 per week

₽18740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2185
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽190278
-₽190278
-₽31409
-₽190278
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
labour market
-
-
-
1 493
pensions
-
-
-
835
national
-
-
-
898
municipal
-
-
-
1 313
total
-
-
-
4 539
Employee
195 717
195 717
195 717
-
labour market
15 635
15 635
15 635
-
municipal
41 677
41 677
41 677
-
national
23 910
23 910
23 910
-
pensions
278
278
278
-
total
81 500
81 500
81 500
-
Employer
195 717
195 717
195 717
-
national
23 952
23 952
23 952
-
labour market
15 657
15 657
15 657
-
pensions
556
556
556
-
municipal
41 743
41 743
41 743
-
total
81 908
81 908
81 908
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
19 500
19 500
19 500
19 500
Total tax
163 408
163 408
163 408
4 539
After tax
-143 908
-143 908
-143 908
14 961
Living cost
46 370
46 370
46 370
46 370
Free-cash
-190 278
-190 278
-190 278
-31 409

Estimated living cost  is ₽46370 per week

₽31736
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4102
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽713
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9819
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10835
-₽19554
-₽10680
-₽20522
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
361
health
-
-
-
2 126
accident
-
-
-
246
income
-
-
-
2 256
pensions
-
-
-
4 057
total
-
-
-
9 046
Employee
33 245
-
16 198
-
income
4 561
-
2 222
-
pensions
3 744
-
1 823
-
health
3 807
-
1 855
-
total
12 112
-
5 900
-
Employer
33 245
-
16 198
-
unemployment
815
-
397
-
accident
555
-
271
-
pensions
5 406
-
2 633
-
total
6 776
-
3 301
-
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
18 888
17 920
9 201
9 046
After tax
612
1 580
10 299
10 454
Living cost
21 134
21 134
21 134
21 134
Free-cash
-20 522
-19 554
-10 835
-10 680

Estimated living cost  is ₽21134 per week

₽15383
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1205
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24673
-₽23523
-₽21027
-₽40799
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
-
national
-
-
-
-
municipal
-
-
-
3 509
total
-
-
-
3 509
Employee
50 729
-
16 404
-
municipal
8 309
-
2 710
-
national
838
-
-
-
pensions
3 423
-
1 107
-
health
379
-
-
-
unemployment
761
-
245
-
total
13 710
-
4 062
-
Employer
50 729
-
16 404
-
unemployment
329
-
106
-
health
390
-
126
-
accident
51
-
16
-
pensions
8 801
-
2 845
-
total
9 571
-
3 093
-
Corporate
-
19 500
-
-
income
-
3 899
-
-
total
-
3 899
-
-
Dividends

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

-
11 701
-
-
national
-
-
-
-
municipal
-
2 106
-
-
total
-
2 106
-
-
Income
19 500
19 500
19 500
19 500
Total tax
23 281
6 005
7 155
3 509
After tax
-3 781
13 495
12 345
15 991
Living cost
37 018
37 018
37 018
37 018
Free-cash
-40 799
-23 523
-24 673
-21 027

Estimated living cost  is ₽37018 per week

₽24180
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3561
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.
₽8690
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16198
-₽24626
-₽9477
-₽17702
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 655
social contributions
-
-
-
5 718
health
-
-
-
935
income
-
-
-
-
total
-
-
-
6 653
Employee
74 142
74 142
74 142
-
social contributions
2 803
6 153
2 075
-
income
8 073
6 863
8 336
-
health
575
1 261
425
-
total
11 451
14 277
10 836
-
Employer
74 142
74 142
74 142
-
health
624
1 372
463
-
social contributions
2 803
6 153
2 075
-
total
3 427
7 525
2 538
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
19 500
19 500
19 500
19 500
Total tax
14 878
21 802
13 374
6 653
After tax
4 622
-2 302
6 126
12 847
Living cost
22 324
22 324
22 324
22 324
Free-cash
-17 702
-24 626
-16 198
-9 477

Estimated living cost  is ₽22324 per week

₽13379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2190
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3078
₽839
-₽6344
-₽4910
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 489
income
-
-
-
886
pensions
-
-
-
6 133
unemployment
-
-
-
27
total
-
-
-
10 535
Employee

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

22 132
-
17 679
-
income
1 513
-
1 209
-
pensions
3 319
-
2 651
-
health
1 881
-
1 502
-
unemployment
110
-
88
-
total
6 823
-
5 450
-
Employer

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

22 132
-
17 679
-
unemployment
110
-
88
-
health
951
-
759
-
pensions
1 217
-
972
-
total
2 278
-
1 819
-
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
9 101
3 352
7 269
10 535
After tax
10 399
16 148
12 231
8 965
Living cost
15 309
15 309
15 309
15 309
Free-cash
-4 910
839
-3 078
-6 344

Estimated living cost  is ₽15309 per week

₽9767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1103
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20692
-₽13201
-₽15757
-₽27516
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
20
accident
-
-
-
187
income
-
-
-
2 523
pensions
-
-
-
5 868
unemployment
-
-
-
145
total
-
-
-
8 743
Employee
35 652
-
9 235
-
income
6 873
-
1 367
-
other
35
-
33
-
pensions
1 676
-
1 513
-
unemployment
553
-
500
-
total
9 137
-
3 413
-
Employer
35 652
-
9 235
-
other
285
-
258
-
unemployment
1 961
-
1 771
-
accident
706
-
637
-
pensions
8 413
-
7 599
-
total
11 365
-
10 265
-
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.

-
2 926
-
-
total
-
2 926
-
-
Dividends
-
16 574
-
-
withholding
-
3 261
-
-
total
-
3 261
-
-
Income
19 500
19 500
19 500
19 500
Total tax
20 502
6 187
13 678
8 743
After tax
-1 002
13 313
5 822
10 757
Living cost
26 514
26 514
26 514
26 514
Free-cash
-27 516
-13 201
-20 692
-15 757

Estimated living cost  is ₽26514 per week

₽17897
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2549
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5605
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9720
₽10387
₽9848
₽10094
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 500
health
-
-
-
942
income
-
-
-
5 630
pensions
-
-
-
1 299
total
-
-
-
7 871
Employee
2 713
-
18 038
-
income
525
-
5 562
-
pensions
244
-
585
-
health
136
-
325
-
unemployment
27
-
65
-
total
932
-
6 537
-
Employer
2 713
-
18 038
-
unemployment
54
-
130
-
health
258
-
617
-
pensions
298
-
715
-
total
610
-
1 462
-
Corporate
16 177
19 500
-
-
income
3 559
4 290
-
-
total
3 559
4 290
-
-
Dividends
12 618
15 210
-
-
withholding
2 524
3 042
-
-
total
2 524
3 042
-
-
Income
19 500
19 500
19 500
19 500
Total tax
7 625
7 332
7 999
7 871
After tax
11 875
12 168
11 501
11 629
Living cost
1 781
1 781
1 781
1 781
Free-cash
10 094
10 387
9 720
9 848

Estimated living cost  is ₽1781 per week

₽1058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽537
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5128
-₽2539
-₽5966
-₽10061
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 008
income
-
-
-
1 467
pensions
-
-
-
5 070
unemployment
-
-
-
293
total
-
-
-
8 838
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.

25 074
-
16 539
-
income
3 456
-
1 747
-
pensions
3 510
-
2 316
-
health
1 291
-
852
-
unemployment
188
-
124
-
total
8 445
-
5 039
-
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.

25 074
-
16 539
-
unemployment
188
-
124
-
health
1 291
-
852
-
pensions
3 009
-
1 985
-
total
4 488
-
2 961
-
Corporate
-
19 500
-
-
income
-
2 925
-
-
total
-
2 925
-
-
Dividends
-
16 575
-
-
withholding
-
2 486
-
-
total
-
2 486
-
-
Income
19 500
19 500
19 500
19 500
Total tax
12 933
5 411
8 000
8 838
After tax
6 567
14 089
11 500
10 662
Living cost
16 628
16 628
16 628
16 628
Free-cash
-10 061
-2 539
-5 128
-5 966

Estimated living cost  is ₽16628 per week

₽11196
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1286
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3665
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14092
-₽14902
-₽14408
-₽26810
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
6 776
income
-
-
-
1 138
surtax
-
-
-
-
total
-
-
-
7 914
Employee
37 423
-
15 758
-
surtax
-
-
-
-
social contributions
4 117
-
1 733
-
income
7 312
-
2 123
-
total
11 429
-
3 856
-
Employer
37 423
-
15 758
-
social contributions
8 887
-
3 742
-
total
8 887
-
3 742
-
Corporate
-
19 500
-
-
surtax
-
-
-
-
income
-
4 095
-
-
total
-
4 095
-
-
Dividends
-
15 405
-
-
withholding
-
4 313
-
-
total
-
4 313
-
-
Income
19 500
19 500
19 500
19 500
Total tax
20 316
8 408
7 598
7 914
After tax
-816
11 092
11 902
11 586
Living cost
25 994
25 994
25 994
25 994
Free-cash
-26 810
-14 902
-14 092
-14 408

Estimated living cost  is ₽25994 per week

₽18411
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1806
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28064
-₽20573
-₽23129
-₽41914
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
20
accident
-
-
-
187
income
-
-
-
2 523
pensions
-
-
-
5 868
unemployment
-
-
-
145
total
-
-
-
8 743
Employee
46 567
-
9 235
-
income
9 726
-
1 367
-
other
46
-
33
-
pensions
2 188
-
1 513
-
unemployment
721
-
500
-
total
12 681
-
3 413
-
Employer
46 567
-
9 235
-
other
373
-
258
-
unemployment
2 562
-
1 771
-
accident
922
-
637
-
pensions
10 990
-
7 599
-
total
14 847
-
10 265
-
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.

-
2 926
-
-
total
-
2 926
-
-
Dividends
-
16 574
-
-
withholding
-
3 261
-
-
total
-
3 261
-
-
Income
19 500
19 500
19 500
19 500
Total tax
27 528
6 187
13 678
8 743
After tax
-8 028
13 313
5 822
10 757
Living cost
33 886
33 886
33 886
33 886
Free-cash
-41 914
-20 573
-28 064
-23 129

Estimated living cost  is ₽33886 per week

₽24336
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2635
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.
₽6439
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4030
₽332
-₽4972
-₽6383
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 500
health
-
-
-
2 242
income
-
-
-
2 925
pensions

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

-
-
-
2 886
unemployment
-
-
-
78
total
-
-
-
8 131
Employee
21 638
-
16 302
-
income
2 164
-
1 630
-
accident

We are using the highest rate at 1.1%.

238
-
180
-
pensions

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

1 900
-
1 431
-
health
995
-
750
-
total
5 297
-
3 991
-
Employer
21 638
-
16 302
-
unemployment
130
-
98
-
health
1 493
-
1 124
-
accident

We are using the highest rate at 1.1%.

238
-
180
-
pensions

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

2 384
-
1 796
-
total
4 245
-
3 198
-
Corporate
-
19 500
-
-
income
-
1 950
-
-
total
-
1 950
-
-
Dividends
-
17 550
-
-
withholding
-
877
-
-
total
-
877
-
-
Income
19 500
19 500
19 500
19 500
Total tax
9 542
2 827
7 189
8 131
After tax
9 958
16 673
12 311
11 369
Living cost
16 341
16 341
16 341
16 341
Free-cash
-6 383
332
-4 030
-4 972

Estimated living cost  is ₽16341 per week

₽10808
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽390
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4208
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24312
-₽26944
-₽24312
-₽28475
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 587
income

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

-
-
-
-
surtax

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

-
-
-
-
trade
-
-
-
-
total
-
-
-
6 587
Employee

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

47 975
-
19 500
-
surtax

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

218
-
-
-
income

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

3 945
-
-
-
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.

6 587
-
6 587
-
total
10 750
-
6 587
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
19 500
-
-
chamber of commerce
-
176
-
-
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.

-
161
-
-
trade
-
2 798
-
-
income
-
2 926
-
-
total
-
6 061
-
-
Dividends
-
13 440
-
-
surtax

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

-
165
-
-
withholding
-
2 993
-
-
total
-
3 158
-
-
Income
19 500
19 500
19 500
19 500
Total tax
10 750
9 219
6 587
6 587
After tax
8 750
10 281
12 913
12 913
Living cost
37 225
37 225
37 225
37 225
Free-cash
-28 475
-26 944
-24 312
-24 312

Estimated living cost  is ₽37225 per week

₽25679
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7001
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽36719
-₽41274
-₽36719
-₽55923
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
880
social contributions
-
-
-
414
total
-
-
-
1 294
Employee
75 422
-
19 500
-
income
14 232
-
880
-
social contributions
6 266
-
414
-
total
20 498
-
1 294
-
Employer
75 422
-
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
20 498
5 849
1 294
1 294
After tax
-998
13 651
18 206
18 206
Living cost
54 925
54 925
54 925
54 925
Free-cash
-55 923
-41 274
-36 719
-36 719

Estimated living cost  is ₽54925 per week

₽41786
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4476
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8139
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19055
-₽25204
-₽48874
-₽32042
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 446
health

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

-
-
-
5 927
total
-
-
-
33 373
Employee
44 232
-
17 723
-
income
4 799
-
-
-
social contributions
4 432
-
1 777
-
total
9 231
-
1 777
-
Employer
44 232
-
17 723
-
social contributions
4 432
-
1 777
-
total
4 432
-
1 777
-
Corporate
-
19 500
-
-
income
-
6 825
-
-
total
-
6 825
-
-
Dividends
-
12 675
-
-
social contributions
2 878
2 878
-
-
total
2 878
2 878
-
-
Income
19 500
19 500
19 500
19 500
Total tax
16 541
9 703
3 554
33 373
After tax
2 959
9 797
15 946
-13 873
Living cost
35 001
35 001
35 001
35 001
Free-cash
-32 042
-25 204
-19 055
-48 874

Estimated living cost  is ₽35001 per week

₽23055
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21025
-₽21084
-₽20214
-₽35374
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 871
pensions
-
-
-
150
total
-
-
-
4 021
Employee
48 994
-
18 421
-
income
8 922
-
3 668
-
health
639
-
13
-
pensions
3 739
-
72
-
total
13 300
-
3 753
-
Employer
48 994
-
18 421
-
health
931
-
349
-
pensions
4 950
-
730
-
total
5 881
-
1 079
-
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.

-
3 706
-
-
total
-
3 706
-
-
Dividends
-
15 794
-
-
withholding
-
1 185
-
-
total
-
1 185
-
-
Income
19 500
19 500
19 500
19 500
Total tax
19 181
4 891
4 832
4 021
After tax
319
14 609
14 668
15 479
Living cost
35 693
35 693
35 693
35 693
Free-cash
-35 374
-21 084
-21 025
-20 214

Estimated living cost  is ₽35693 per week

₽24485
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3282
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7477
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽12927
-₽21646
-₽12772
-₽24480
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
361
health
-
-
-
2 126
accident
-
-
-
246
income
-
-
-
2 256
pensions
-
-
-
4 057
total
-
-
-
9 046
Employee
36 536
-
16 198
-
income
5 012
-
2 222
-
pensions
4 114
-
1 823
-
health
4 183
-
1 855
-
total
13 309
-
5 900
-
Employer
36 536
-
16 198
-
unemployment
895
-
397
-
accident
610
-
271
-
pensions
5 940
-
2 633
-
total
7 445
-
3 301
-
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
20 754
17 920
9 201
9 046
After tax
-1 254
1 580
10 299
10 454
Living cost
23 226
23 226
23 226
23 226
Free-cash
-24 480
-21 646
-12 927
-12 772

Estimated living cost  is ₽23226 per week

₽17045
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1353
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.
₽4359
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽820
₽3568
-₽820
-₽1311
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
1 950
health insurance
-
-
-
1 443
work injury
-
-
-
98
pensions
-
-
-
3 588
unemployment
-
-
-
234
total
-
-
-
7 313
Employee

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

20 811
-
19 500
-
income
2 081
-
1 950
-
work injury
104
-
98
-
health insurance
1 540
-
1 443
-
pensions
3 829
-
3 588
-
unemployment
250
-
234
-
total
7 804
-
7 313
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
19 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
-
19 500
-
-
withholding
-
2 925
-
-
total
-
2 925
-
-
Income
19 500
19 500
19 500
19 500
Total tax
7 804
2 925
7 313
7 313
After tax
11 696
16 575
12 187
12 187
Living cost
13 007
13 007
13 007
13 007
Free-cash
-1 311
3 568
-820
-820

Estimated living cost  is ₽13007 per week

₽8058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
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.
₽3598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31196
-₽28140
-₽29468
-₽61750
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
19 500
social contributions
-
-
-
7 473
national
-
-
-
2 767
regional
-
-
-
209
municipal
-
-
-
108
total
-
-
-
10 557
Employee
81 250
-
19 500
-
social contributions
27 397
-
9 797
-
municipal
485
-
88
-
national
13 730
-
2 232
-
regional
1 227
-
168
-
total
42 839
-
12 285
-
Employer
81 250
-
19 500
-
total
-
-
-
-
Corporate
-
19 500
-
-
nationa
-
4 681
-
-
municipal
-
940
-
-
total
-
5 621
-
-
Dividends
-
13 879
-
-
withholding
-
3 608
-
-
total
-
3 608
-
-
Income
19 500
19 500
19 500
19 500
Total tax
42 839
9 229
12 285
10 557
After tax
-23 339
10 271
7 215
8 943
Living cost
38 411
38 411
38 411
38 411
Free-cash
-61 750
-28 140
-31 196
-29 468

Estimated living cost  is ₽38411 per week

₽26982
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2642
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8206
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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