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
₽ 20000
per

Your estimated
City
free-cash

Dresden , Germany
-₽16108
-₽19126
-₽16108
-₽17204
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
20 000
health

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

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

-
-
-
6 645
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
-
-
-
6 645
Employee

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

37 205
-
20 000
-
surtax

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

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.

1 039
-
-
-
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.

6 645
-
6 645
-
total
7 741
-
6 645
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
20 000
-
-
chamber of commerce
-
177
-
-
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.

-
164
-
-
trade
-
3 149
-
-
income
-
3 000
-
-
total
-
6 490
-
-
Dividends
-
13 510
-
-
surtax

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

-
166
-
-
withholding
-
3 007
-
-
total
-
3 173
-
-
Income
20 000
20 000
20 000
20 000
Total tax
7 741
9 663
6 645
6 645
After tax
12 259
10 337
13 355
13 355
Living cost
29 463
29 463
29 463
29 463
Free-cash
-17 204
-19 126
-16 108
-16 108

Estimated living cost  is ₽29463 per week

₽18533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3435
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6944
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽36484
-₽38817
-₽36640
-₽66737
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
20 000
social contributions
-
-
-
215
pensions
-
-
-
2 400
national
-
-
-
1 658
municipal
-
-
-
1 070
total
-
-
-
5 343
Employee
79 519
-
17 290
-
municipal
9 822
-
1 148
-
national
15 220
-
1 778
-
pensions
3 181
-
692
-
total
28 223
-
3 618
-
Employer
79 519
-
17 290
-
pensions
6 362
-
1 383
-
social contributions
855
-
186
-
total
7 217
-
1 569
-
Corporate
-
20 000
-
-
income

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

-
4 000
-
-
total
-
4 000
-
-
Dividends
-
16 000
-
-
withholding
-
3 520
-
-
total
-
3 520
-
-
Income
20 000
20 000
20 000
20 000
Total tax
35 440
7 520
5 187
5 343
After tax
-15 440
12 480
14 813
14 657
Living cost
51 297
51 297
51 297
51 297
Free-cash
-66 737
-38 817
-36 484
-36 640

Estimated living cost  is ₽51297 per week

₽34866
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽768
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8760
-₽4237
-₽6299
-₽15271
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
20 000
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.

-
-
-
3 062
income
-
-
-
-
surtax
-
-
-
-
microenterprise
-
-
-
3 000
total
-
-
-
6 062
Employee
28 424
-
16 118
-
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.

3 127
-
1 772
-
income
5 060
-
2 869
-
total
8 187
-
4 641
-
Employer
28 424
-
16 118
-
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.

6 847
-
3 882
-
total
6 847
-
3 882
-
Corporate
-
20 000
-
-
income

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

-
4 000
-
-
total
-
4 000
-
-
Dividends

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

-
16 000
-
-
total
-
-
-
-
Income
20 000
20 000
20 000
20 000
Total tax
15 034
4 000
8 523
6 062
After tax
4 966
16 000
11 477
13 938
Living cost
20 237
20 237
20 237
20 237
Free-cash
-15 271
-4 237
-8 760
-6 299

Estimated living cost  is ₽20237 per week

₽12910
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4940
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽76593
-₽71133
-₽29221
-₽76593
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
20 000
health
-
-
-
3 072
income
-
-
-
1 800
pensions
-
-
-
3 600
total
-
-
-
8 472
Employee
83 067
83 067
83 067
-
income

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

13 597
13 597
13 597
-
pensions
14 952
11 397
14 952
-
health
12 750
10 845
12 750
-
total
41 299
35 839
41 299
-
Employer
83 067
83 067
83 067
-
unemployment
2 990
2 990
2 990
-
health
5 774
5 774
5 774
-
pensions
5 781
5 781
5 781
-
total
14 545
14 545
14 545
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
20 000
20 000
20 000
20 000
Total tax
55 844
50 384
55 844
8 472
After tax
-35 844
-30 384
-35 844
11 528
Living cost
40 749
40 749
40 749
40 749
Free-cash
-76 593
-71 133
-76 593
-29 221

Estimated living cost  is ₽40749 per week

₽28878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3673
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽648
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7550
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29801
-₽29562
-₽30512
-₽55808
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
20 000
other
-
-
-
2 324
health
-
-
-
1 248
accident
-
-
-
40
pensions
-
-
-
2 162
national
-
-
-
-
unemployment
-
-
-
20
municipal
-
-
-
4 236
total
-
-
-
10 030
Employee
57 684
-
15 218
-
municipal
17 201
-
4 538
-
national
-
-
-
-
total
17 201
-
4 538
-
Employer
57 684
-
15 218
-
other
6 703
-
1 768
-
unemployment
1 523
-
402
-
health
3 548
-
936
-
accident
115
-
30
-
pensions
6 236
-
1 645
-
total
18 125
-
4 781
-
Corporate
-
20 000
-
-
income
-
4 400
-
-
total
-
4 400
-
-
Dividends
-
15 600
-
-
withholding
-
4 680
-
-
total
-
4 680
-
-
Income
20 000
20 000
20 000
20 000
Total tax
35 326
9 080
9 319
10 030
After tax
-15 326
10 920
10 681
9 970
Living cost
40 482
40 482
40 482
40 482
Free-cash
-55 808
-29 562
-29 801
-30 512

Estimated living cost  is ₽40482 per week

₽26830
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3972
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24858
-₽27979
-₽24858
-₽29329
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
20 000
health

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

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

-
-
-
6 645
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
-
-
-
6 645
Employee

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

49 329
-
20 000
-
surtax

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

233
-
-
-
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.

4 238
-
-
-
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.

6 645
-
6 645
-
total
11 116
-
6 645
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
20 000
-
-
chamber of commerce
-
175
-
-
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.

-
164
-
-
trade
-
3 289
-
-
income
-
3 000
-
-
total
-
6 628
-
-
Dividends
-
13 371
-
-
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.

-
164
-
-
withholding
-
2 974
-
-
total
-
3 138
-
-
Income
20 000
20 000
20 000
20 000
Total tax
11 116
9 766
6 645
6 645
After tax
8 884
10 234
13 355
13 355
Living cost
38 213
38 213
38 213
38 213
Free-cash
-29 329
-27 979
-24 858
-24 858

Estimated living cost  is ₽38213 per week

₽25557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4030
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽25041
-₽33546
-₽18262
-₽28228
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 979
social contributions
-
-
-
5 769
health
-
-
-
943
income
-
-
-
-
total
-
-
-
6 712
Employee
74 798
74 798
74 798
-
social contributions
3 635
6 208
2 093
-
income
7 854
6 924
8 410
-
health
744
1 272
428
-
total
12 233
14 404
10 931
-
Employer
74 798
74 798
74 798
-
health
810
1 384
467
-
social contributions
3 635
6 208
2 093
-
total
4 445
7 592
2 560
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
20 000
20 000
20 000
20 000
Total tax
16 678
21 996
13 491
6 712
After tax
3 322
-1 996
6 509
13 288
Living cost
31 550
31 550
31 550
31 550
Free-cash
-28 228
-33 546
-25 041
-18 262

Estimated living cost  is ₽31550 per week

₽21568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2464
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6989
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6108
-₽6148
-₽3846
-₽10535
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
20 000
health
-
-
-
1 400
income
-
-
-
2 445
pensions
-
-
-
2 000
unemployment
-
-
-
300
total
-
-
-
6 145
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.

25 551
10 169
16 736
-
income
3 124
1 243
2 046
-
pensions
2 555
1 017
1 674
-
health
1 789
712
1 172
-
unemployment
383
153
251
-
total
7 851
3 125
5 143
-
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.

25 551
10 169
16 736
-
pensions
4 983
1 983
3 264
-
total
4 983
1 983
3 264
-
Corporate
-
7 848
-
-
income
-
706
-
-
total
-
706
-
-
Dividends
-
7 142
-
-
social contributions
-
1 276
-
-
withholding
-
1 357
-
-
total
-
2 633
-
-
Income
20 000
20 000
20 000
20 000
Total tax
12 834
8 447
8 407
6 145
After tax
7 166
11 553
11 593
13 855
Living cost
17 701
17 701
17 701
17 701
Free-cash
-10 535
-6 148
-6 108
-3 846

Estimated living cost  is ₽17701 per week

₽12079
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1448
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽354
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3820
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9753
-₽7495
-₽10561
-₽16923
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
20 000
health
-
-
-
2 601
income
-
-
-
465
pensions
-
-
-
4 000
total
-
-
-
7 066
Employee
27 595
-
14 946
-
income
3 107
-
666
-
pensions
552
-
299
-
unemployment
441
-
240
-
total
4 100
-
1 205
-
Employer
27 595
-
14 946
-
unemployment
222
-
120
-
health
3 587
-
1 944
-
pensions
5 519
-
2 989
-
total
9 328
-
5 053
-
Corporate
-
20 000
-
-
income
-
4 000
-
-
total
-
4 000
-
-
Dividends
-
16 000
-
-
total
-
-
-
-
Income
20 000
20 000
20 000
20 000
Total tax
13 428
4 000
6 258
7 066
After tax
6 572
16 000
13 742
12 934
Living cost
23 495
23 495
23 495
23 495
Free-cash
-16 923
-7 495
-9 753
-10 561

Estimated living cost  is ₽23495 per week

₽16115
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1399
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5508
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10992
-₽19934
-₽10716
-₽20816
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
20 000
other
-
-
-
363
health
-
-
-
2 137
accident
-
-
-
247
income
-
-
-
2 339
pensions
-
-
-
4 076
total
-
-
-
9 162
Employee
33 906
-
16 614
-
income
4 652
-
2 279
-
pensions
3 818
-
1 871
-
health
3 882
-
1 902
-
total
12 352
-
6 052
-
Employer
33 906
-
16 614
-
unemployment
831
-
407
-
accident
566
-
278
-
pensions
5 513
-
2 701
-
total
6 910
-
3 386
-
Corporate
-
20 000
-
-
income

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

-
18 000
-
-
total
-
18 000
-
-
Dividends
-
2 000
-
-
withholding
-
380
-
-
total
-
380
-
-
Income
20 000
20 000
20 000
20 000
Total tax
19 262
18 380
9 438
9 162
After tax
738
1 620
10 562
10 838
Living cost
21 554
21 554
21 554
21 554
Free-cash
-20 816
-19 934
-10 992
-10 716

Estimated living cost  is ₽21554 per week

₽15797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1194
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8006
₽11006
₽11806
₽9507
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
20 000
microenterprise

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

-
-
-
200
total
-
-
-
200
Employee
9 992
-
20 000
-
income
1 998
-
4 000
-
total
1 998
-
4 000
-
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%.

10 008
20 000
-
-
total
-
-
-
-
Dividends
10 008
20 000
-
-
withholding
501
1 000
-
-
total
501
1 000
-
-
Income
20 000
20 000
20 000
20 000
Total tax
2 499
1 000
4 000
200
After tax
17 501
19 000
16 000
19 800
Living cost
7 994
7 994
7 994
7 994
Free-cash
9 507
11 006
8 006
11 806

Estimated living cost  is ₽7994 per week

₽4954
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽220
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14196
-₽11224
-₽15090
-₽24222
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
20 000
other
-
-
-
951
health
-
-
-
881
income
-
-
-
2 540
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.

-
-
-
4 799
total
-
-
-
9 171
Employee
35 319
-
15 972
-
income
6 081
-
2 749
-
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.

2 472
-
1 119
-
health
495
-
223
-
unemployment
353
-
161
-
total
9 401
-
4 252
-
Employer
35 319
-
15 972
-
other
1 767
-
799
-
unemployment
353
-
161
-
health
495
-
223
-
accident
282
-
127
-
pensions

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

6 005
-
2 715
-
total
8 902
-
4 025
-
Corporate
-
20 000
-
-
income
-
4 199
-
-
total
-
4 199
-
-
Dividends
-
15 801
-
-
withholding
-
1 106
-
-
total
-
1 106
-
-
Income
20 000
20 000
20 000
20 000
Total tax
18 303
5 305
8 277
9 171
After tax
1 697
14 695
11 723
10 829
Living cost
25 919
25 919
25 919
25 919
Free-cash
-24 222
-11 224
-14 196
-15 090

Estimated living cost  is ₽25919 per week

₽18313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1750
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5438
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽49632
-₽49630
-₽48764
-₽83951
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
20 000
income
-
-
-
3 962
pensions
-
-
-
187
total
-
-
-
4 149
Employee
91 421
-
18 862
-
income
16 480
-
3 747
-
health
1 506
-
19
-
pensions
8 820
-
113
-
total
26 806
-
3 879
-
Employer
91 421
-
18 862
-
health
1 736
-
357
-
pensions
10 794
-
781
-
total
12 530
-
1 138
-
Corporate
-
20 000
-
-
income

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

-
3 800
-
-
total
-
3 800
-
-
Dividends
-
16 200
-
-
withholding
-
1 215
-
-
total
-
1 215
-
-
Income
20 000
20 000
20 000
20 000
Total tax
39 336
5 015
5 017
4 149
After tax
-19 336
14 985
14 983
15 851
Living cost
64 615
64 615
64 615
64 615
Free-cash
-83 951
-49 630
-49 632
-48 764

Estimated living cost  is ₽64615 per week

₽48417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7592
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽18
₽4490
-₽950
₽23
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
20 000
health
-
-
-
2 300
income
-
-
-
3 000
pensions

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

-
-
-
2 960
unemployment
-
-
-
80
total
-
-
-
8 340
Employee
16 697
-
16 719
-
income
1 669
-
1 672
-
accident

We are using the highest rate at 1.1%.

184
-
184
-
pensions

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

1 466
-
1 468
-
health
768
-
769
-
total
4 087
-
4 093
-
Employer
16 697
-
16 719
-
unemployment
100
-
100
-
health
1 152
-
1 153
-
accident

We are using the highest rate at 1.1%.

184
-
184
-
pensions

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

1 840
-
1 842
-
total
3 276
-
3 279
-
Corporate
27
20 000
-
-
income
3
2 000
-
-
total
3
2 000
-
-
Dividends
24
18 000
-
-
withholding
1
900
-
-
total
1
900
-
-
Income
20 000
20 000
20 000
20 000
Total tax
7 367
2 900
7 372
8 340
After tax
12 633
17 100
12 628
11 660
Living cost
12 610
12 610
12 610
12 610
Free-cash
23
4 490
18
-950

Estimated living cost  is ₽12610 per week

₽7362
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽334
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4014
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽89783
-₽84323
-₽42411
-₽85974
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
20 000
health
-
-
-
3 072
income
-
-
-
1 800
pensions
-
-
-
3 600
total
-
-
-
8 472
Employee
90 184
83 067
83 067
-
income

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

13 597
13 597
13 597
-
pensions
11 397
11 397
14 952
-
health
11 251
10 845
12 750
-
total
36 245
35 839
41 299
-
Employer
90 184
83 067
83 067
-
unemployment
3 247
2 990
2 990
-
health
6 267
5 774
5 774
-
pensions
6 276
5 781
5 781
-
total
15 790
14 545
14 545
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
20 000
20 000
20 000
20 000
Total tax
52 035
50 384
55 844
8 472
After tax
-32 035
-30 384
-35 844
11 528
Living cost
53 939
53 939
53 939
53 939
Free-cash
-85 974
-84 323
-89 783
-42 411

Estimated living cost  is ₽53939 per week

₽39789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4818
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13872
-₽10252
-₽14281
-₽27336
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
20 000
social contributions
-
-
-
5 840
health
-
-
-
2 700
income
-
-
-
1 719
solidarity contribution
-
-
-
-
total
-
-
-
10 259
Employee
35 326
-
14 925
-
social contributions
2 296
-
970
-
solidarity contribution
-
-
-
-
income
4 239
-
1 791
-
health
4 769
-
2 015
-
total
11 304
-
4 776
-
Employer
35 326
-
14 925
-
health
3 179
-
1 343
-
social contributions
8 831
-
3 731
-
total
12 010
-
5 074
-
Corporate
-
20 000
-
-
income
-
3 800
-
-
total
-
3 800
-
-
Dividends
-
16 200
-
-
withholding
-
2 430
-
-
total
-
2 430
-
-
Income
20 000
20 000
20 000
20 000
Total tax
23 314
6 230
9 850
10 259
After tax
-3 314
13 770
10 150
9 741
Living cost
24 022
24 022
24 022
24 022
Free-cash
-27 336
-10 252
-13 872
-14 281

Estimated living cost  is ₽24022 per week

₽16686
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽33462
-₽30375
-₽31705
-₽66451
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
20 000
social contributions
-
-
-
7 539
national
-
-
-
2 867
regional
-
-
-
153
municipal
-
-
-
100
total
-
-
-
10 659
Employee
86 450
-
20 000
-
social contributions
29 151
-
9 883
-
municipal
458
-
81
-
national
14 980
-
2 328
-
regional
816
-
124
-
total
45 405
-
12 416
-
Employer
86 450
-
20 000
-
total
-
-
-
-
Corporate
-
20 000
-
-
nationa
-
4 799
-
-
municipal
-
781
-
-
total
-
5 580
-
-
Dividends
-
14 420
-
-
withholding
-
3 749
-
-
total
-
3 749
-
-
Income
20 000
20 000
20 000
20 000
Total tax
45 405
9 329
12 416
10 659
After tax
-25 405
10 671
7 584
9 341
Living cost
41 046
41 046
41 046
41 046
Free-cash
-66 451
-30 375
-33 462
-31 705

Estimated living cost  is ₽41046 per week

₽28612
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2691
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9112
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10386
-₽8886
-₽9979
-₽18938
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
20 000
other
-
-
-
-
health
-
-
-
1 420
income
-
-
-
2 872
pensions
-
-
-
4 000
surtax
-
-
-
-
unemployment
-
-
-
222
total
-
-
-
8 514
Employee
32 168
-
16 522
-
surtax
105
-
-
-
income
5 392
-
2 771
-
other
-
-
-
-
pensions
2 145
-
1 102
-
health
821
-
421
-
unemployment
2 239
-
1 150
-
total
10 702
-
5 444
-
Employer
32 168
-
16 522
-
other
-
-
-
-
unemployment
1 019
-
524
-
health
1 464
-
751
-
pensions
4 288
-
2 202
-
total
6 771
-
3 477
-
Corporate
-
20 000
-
-
income
-
5 200
-
-
total
-
5 200
-
-
Dividends
-
14 800
-
-
withholding
-
2 221
-
-
total
-
2 221
-
-
Income
20 000
20 000
20 000
20 000
Total tax
17 473
7 421
8 921
8 514
After tax
2 527
12 579
11 079
11 486
Living cost
21 465
21 465
21 465
21 465
Free-cash
-18 938
-8 886
-10 386
-9 979

Estimated living cost  is ₽21465 per week

₽13125
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5865
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29160
-₽29158
-₽28292
-₽49063
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
20 000
income
-
-
-
3 962
pensions
-
-
-
187
total
-
-
-
4 149
Employee
61 268
-
18 862
-
income
11 035
-
3 747
-
health
889
-
19
-
pensions
5 200
-
113
-
total
17 124
-
3 879
-
Employer
61 268
-
18 862
-
health
1 164
-
357
-
pensions
6 632
-
781
-
total
7 796
-
1 138
-
Corporate
-
20 000
-
-
income

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

-
3 800
-
-
total
-
3 800
-
-
Dividends
-
16 200
-
-
withholding
-
1 215
-
-
total
-
1 215
-
-
Income
20 000
20 000
20 000
20 000
Total tax
24 920
5 015
5 017
4 149
After tax
-4 920
14 985
14 983
15 851
Living cost
44 143
44 143
44 143
44 143
Free-cash
-49 063
-29 158
-29 160
-28 292

Estimated living cost  is ₽44143 per week

₽33072
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3309
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽64523
-₽69639
-₽61567
-₽80978
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
20 000
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.

-
-
-
401
health
-
-
-
257
pensions
-
-
-
1 839
city
-
-
-
208
national
-
-
-
-
regional
-
-
-
79
total
-
-
-
2 784
Employee
92 196
-
16 864
-
national
436
-
-
-
city
989
-
168
-
pensions
7 746
-
2 574
-
health
208
-
38
-
regional
3 019
-
10
-
unemployment
-
-
-
-
total
12 398
-
2 790
-
Employer
92 196
-
16 864
-
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.

1 843
-
338
-
unemployment
-
-
-
-
health
208
-
38
-
pensions
7 746
-
2 574
-
total
9 797
-
2 950
-
Corporate
-
20 000
-
-
regional
-
4 231
-
-
national
-
1 700
-
-
total
-
5 931
-
-
Dividends
-
14 069
-
-
withholding
-
4 925
-
-
total
-
4 925
-
-
Income
20 000
20 000
20 000
20 000
Total tax
22 195
10 856
5 740
2 784
After tax
-2 195
9 144
14 260
17 216
Living cost
78 783
78 783
78 783
78 783
Free-cash
-80 978
-69 639
-64 523
-61 567

Estimated living cost  is ₽78783 per week

₽51231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7070
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽967
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19514
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽31206
-₽34431
-₽31206
-₽38458
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
20 000
health

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

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

-
-
-
6 645
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
-
-
-
6 645
Employee

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

58 459
-
20 000
-
surtax

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

378
-
-
-
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.

6 874
-
-
-
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.

6 645
-
6 645
-
total
13 897
-
6 645
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
20 000
-
-
chamber of commerce
-
175
-
-
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.

-
164
-
-
trade
-
3 430
-
-
income
-
3 000
-
-
total
-
6 769
-
-
Dividends
-
13 231
-
-
surtax

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

-
162
-
-
withholding
-
2 939
-
-
total
-
3 101
-
-
Income
20 000
20 000
20 000
20 000
Total tax
13 897
9 870
6 645
6 645
After tax
6 103
10 130
13 355
13 355
Living cost
44 561
44 561
44 561
44 561
Free-cash
-38 458
-34 431
-31 206
-31 206

Estimated living cost  is ₽44561 per week

₽32546
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
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.
₽7873
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20201
-₽23200
-₽21465
-₽34632
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
20 000
other
-
-
-
620
social contributions
-
-
-
569
health
-
-
-
260
income
-
-
-
-
pensions
-
-
-
6 736
surtax
-
-
-
-
total
-
-
-
8 185
Employee
41 631
-
15 239
-
surtax
-
-
-
-
social contributions
1 187
-
436
-
income
2 457
-
-
-
pensions
4 707
-
1 724
-
total
8 351
-
2 160
-
Employer
41 631
-
15 239
-
other
1 436
-
526
-
unemployment
1 685
-
617
-
health
2 915
-
1 067
-
pensions
6 839
-
2 505
-
social contributions
126
-
46
-
total
13 001
-
4 761
-
Corporate
-
20 000
-
-
surtax
-
-
-
-
income
-
5 601
-
-
total
-
5 601
-
-
Dividends
-
14 399
-
-
social contributions
-
2 477
-
-
surtax
-
-
-
-
withholding
-
1 842
-
-
total
-
4 319
-
-
Income
20 000
20 000
20 000
20 000
Total tax
21 352
9 920
6 921
8 185
After tax
-1 352
10 080
13 079
11 815
Living cost
33 280
33 280
33 280
33 280
Free-cash
-34 632
-23 200
-20 201
-21 465

Estimated living cost  is ₽33280 per week

₽20985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9025
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16904
-₽19903
-₽18168
-₽28767
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
20 000
other
-
-
-
620
social contributions
-
-
-
569
health
-
-
-
260
income
-
-
-
-
pensions
-
-
-
6 736
surtax
-
-
-
-
total
-
-
-
8 185
Employee
37 162
-
15 239
-
surtax
-
-
-
-
social contributions
1 060
-
436
-
income
1 916
-
-
-
pensions
4 203
-
1 724
-
total
7 179
-
2 160
-
Employer
37 162
-
15 239
-
other
1 283
-
526
-
unemployment
1 504
-
617
-
health
2 601
-
1 067
-
pensions
6 106
-
2 505
-
social contributions
111
-
46
-
total
11 605
-
4 761
-
Corporate
-
20 000
-
-
surtax
-
-
-
-
income
-
5 601
-
-
total
-
5 601
-
-
Dividends
-
14 399
-
-
social contributions
-
2 477
-
-
surtax
-
-
-
-
withholding
-
1 842
-
-
total
-
4 319
-
-
Income
20 000
20 000
20 000
20 000
Total tax
18 784
9 920
6 921
8 185
After tax
1 216
10 080
13 079
11 815
Living cost
29 983
29 983
29 983
29 983
Free-cash
-28 767
-19 903
-16 904
-18 168

Estimated living cost  is ₽29983 per week

₽17389
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3046
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8980
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9969
-₽8422
-₽7782
-₽15535
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
20 000
social contributions
-
-
-
2 760
health
-
-
-
1 396
income
-
-
-
3 000
total
-
-
-
7 156
Employee
32 981
-
20 000
-
social contributions
4 552
-
2 760
-
income
5 501
-
5 187
-
health
2 302
-
1 396
-
total
12 355
-
9 343
-
Employer
32 981
-
20 000
-
total
-
-
-
-
Corporate
-
20 000
-
-
income

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

-
1 000
-
-
total
-
1 000
-
-
Dividends
-
19 000
-
-
social contributions
1 696
2 621
-
-
withholding
-
2 850
-
-
health
858
1 325
-
-
total
2 554
6 796
-
-
Income
20 000
20 000
20 000
20 000
Total tax
14 909
7 796
9 343
7 156
After tax
5 091
12 204
10 657
12 844
Living cost
20 626
20 626
20 626
20 626
Free-cash
-15 535
-8 422
-9 969
-7 782

Estimated living cost  is ₽20626 per week

₽13804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1272
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5074
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29682
-₽36427
-₽25741
-₽43714
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
20 000
health
-
-
-
1 530
income
-
-
-
-
chamber of commerce
-
-
-
79
pensions
-
-
-
3 699
surtax
-
-
-
192
unemployment
-
-
-
5 966
total
-
-
-
11 466
Employee
48 613
38 765
38 765
-
income
5 534
2 859
4 283
-
other
485
388
140
-
pensions
4 978
3 969
1 431
-
health
1 881
1 501
541
-
unemployment
1 458
1 163
419
-
total
14 336
9 880
6 814
-
Employer
48 613
38 765
38 765
-
other
2 309
1 840
1 630
-
unemployment
1 458
1 163
419
-
health
1 837
1 466
528
-
surtax
192
192
192
-
accident
631
504
181
-
pensions
6 101
4 866
1 754
-
payroll
1 458
1 163
1 163
-
chamber of commerce
194
155
155
-
total
14 180
11 349
6 022
-
Corporate
3 692
3 692
10 287
-
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.

923
923
2 571
-
total
923
923
2 571
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
20 000
20 000
20 000
20 000
Total tax
29 439
22 152
15 407
11 466
After tax
-9 439
-2 152
4 593
8 534
Living cost
34 275
34 275
34 275
34 275
Free-cash
-43 714
-36 427
-29 682
-25 741

Estimated living cost  is ₽34275 per week

₽22860
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7928
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26178
-₽23967
-₽25205
-₽69834
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
20 000
social contributions
-
-
-
5 128
communal

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

-
-
-
892
national
-
-
-
3 718
total
-
-
-
9 738
Employee

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

69 580
-
15 490
-
national
21 392
-
3 367
-
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.

5 218
-
1 161
-
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.

3 269
-
729
-
communal

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

3 629
-
809
-
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.

605
-
135
-
total
34 113
-
6 201
-
Employer

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

69 580
-
15 490
-
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.

1 015
-
227
-
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.

4 279
-
953
-
surtax
7 890
-
1 757
-
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.

905
-
201
-
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.

6 165
-
1 372
-
total
20 254
-
4 510
-
Corporate
-
20 000
-
-
surtax
-
79
-
-
income
-
4 000
-
-
total
-
4 079
-
-
Dividends
-
15 920
-
-
withholding

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

-
4 421
-
-
total
-
4 421
-
-
Income
20 000
20 000
20 000
20 000
Total tax
54 367
8 500
10 711
9 738
After tax
-34 367
11 500
9 289
10 262
Living cost
35 467
35 467
35 467
35 467
Free-cash
-69 834
-23 967
-26 178
-25 205

Estimated living cost  is ₽35467 per week

₽22845
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3101
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8966
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28988
-₽21478
-₽24011
-₽43854
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
20 000
other
-
-
-
20
accident
-
-
-
188
income
-
-
-
2 608
pensions
-
-
-
5 920
unemployment
-
-
-
146
total
-
-
-
8 882
Employee
48 420
-
9 644
-
income
10 216
-
1 440
-
other
48
-
33
-
pensions
2 276
-
1 527
-
unemployment
751
-
504
-
total
13 291
-
3 504
-
Employer
48 420
-
9 644
-
other
386
-
260
-
unemployment
2 664
-
1 787
-
accident
958
-
642
-
pensions
11 426
-
7 666
-
total
15 434
-
10 355
-
Corporate
-
20 000
-
-
income

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

-
3 000
-
-
total
-
3 000
-
-
Dividends
-
17 000
-
-
withholding
-
3 349
-
-
total
-
3 349
-
-
Income
20 000
20 000
20 000
20 000
Total tax
28 725
6 349
13 859
8 882
After tax
-8 725
13 651
6 141
11 118
Living cost
35 129
35 129
35 129
35 129
Free-cash
-43 854
-21 478
-28 988
-24 011

Estimated living cost  is ₽35129 per week

₽25869
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and 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 Barcelona model

Close
Luxembourg , Luxembourg
-₽44766
-₽39177
-₽44764
-₽62464
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
20 000
health
-
-
-
3 470
accident
-
-
-
417
income
-
-
-
-
pensions
-
-
-
7 406
communal
-
-
-
-
surtax
-
-
-
609
total
-
-
-
11 902
Employee
73 664
-
14 468
-
surtax
4 515
-
609
-
income
7 115
-
-
-
pensions
5 892
-
3 703
-
health
3 278
-
2 060
-
total
20 800
-
6 372
-
Employer
73 664
-
14 468
-
health
2 247
-
1 412
-
accident
663
-
417
-
pensions
5 892
-
3 703
-
total
8 802
-
5 532
-
Corporate
-
20 000
-
-
surtax
-
210
-
-
income
-
3 000
-
-
communal
-
-
-
-
total
-
3 210
-
-
Dividends
-
16 790
-
-
income
-
587
-
-
withholding
-
2 518
-
-
total
-
3 105
-
-
Income
20 000
20 000
20 000
20 000
Total tax
29 602
6 315
11 904
11 902
After tax
-9 602
13 685
8 096
8 098
Living cost
52 862
52 862
52 862
52 862
Free-cash
-62 464
-39 177
-44 766
-44 764

Estimated living cost  is ₽52862 per week

₽39654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3203
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9444
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10770
-₽9270
-₽10363
-₽19655
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
20 000
other
-
-
-
-
health
-
-
-
1 420
income
-
-
-
2 872
pensions
-
-
-
4 000
surtax
-
-
-
-
unemployment
-
-
-
222
total
-
-
-
8 514
Employee
32 758
-
16 522
-
surtax
116
-
-
-
income
5 492
-
2 771
-
other
-
-
-
-
pensions
2 186
-
1 102
-
health
836
-
421
-
unemployment
2 280
-
1 150
-
total
10 910
-
5 444
-
Employer
32 758
-
16 522
-
other
-
-
-
-
unemployment
1 039
-
524
-
health
1 490
-
751
-
pensions
4 367
-
2 202
-
total
6 896
-
3 477
-
Corporate
-
20 000
-
-
income
-
5 200
-
-
total
-
5 200
-
-
Dividends
-
14 800
-
-
withholding
-
2 221
-
-
total
-
2 221
-
-
Income
20 000
20 000
20 000
20 000
Total tax
17 806
7 421
8 921
8 514
After tax
2 194
12 579
11 079
11 486
Living cost
21 849
21 849
21 849
21 849
Free-cash
-19 655
-9 270
-10 770
-10 363

Estimated living cost  is ₽21849 per week

₽13191
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1899
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.
₽6252
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18700
-₽15689
-₽16962
-₽33959
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
20 000
social contributions
-
-
-
7 539
national
-
-
-
2 867
regional
-
-
-
253
municipal
-
-
-
100
total
-
-
-
10 759
Employee
53 959
-
20 000
-
social contributions
18 195
-
9 883
-
municipal
286
-
81
-
national
8 549
-
2 328
-
regional
726
-
205
-
total
27 756
-
12 497
-
Employer
53 959
-
20 000
-
total
-
-
-
-
Corporate
-
20 000
-
-
nationa
-
4 799
-
-
municipal
-
993
-
-
total
-
5 792
-
-
Dividends
-
14 207
-
-
withholding
-
3 694
-
-
total
-
3 694
-
-
Income
20 000
20 000
20 000
20 000
Total tax
27 756
9 486
12 497
10 759
After tax
-7 756
10 514
7 503
9 241
Living cost
26 203
26 203
26 203
26 203
Free-cash
-33 959
-15 689
-18 700
-16 962

Estimated living cost  is ₽26203 per week

₽16296
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2654
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6804
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19451
-₽15831
-₽19860
-₽38332
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
20 000
social contributions
-
-
-
5 840
health
-
-
-
2 700
income
-
-
-
1 719
solidarity contribution
-
-
-
-
total
-
-
-
10 259
Employee
43 531
-
14 925
-
social contributions
2 829
-
970
-
solidarity contribution
-
-
-
-
income
5 224
-
1 791
-
health
5 877
-
2 015
-
total
13 930
-
4 776
-
Employer
43 531
-
14 925
-
health
3 918
-
1 343
-
social contributions
10 883
-
3 731
-
total
14 801
-
5 074
-
Corporate
-
20 000
-
-
income
-
3 800
-
-
total
-
3 800
-
-
Dividends
-
16 200
-
-
withholding
-
2 430
-
-
total
-
2 430
-
-
Income
20 000
20 000
20 000
20 000
Total tax
28 731
6 230
9 850
10 259
After tax
-8 731
13 770
10 150
9 741
Living cost
29 601
29 601
29 601
29 601
Free-cash
-38 332
-15 831
-19 451
-19 860

Estimated living cost  is ₽29601 per week

₽22013
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26343
-₽32993
-₽22307
-₽35683
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
20 000
health
-
-
-
1 530
income
-
-
-
-
chamber of commerce
-
-
-
79
pensions
-
-
-
3 699
surtax
-
-
-
-
unemployment
-
-
-
5 966
total
-
-
-
11 274
Employee
42 521
38 765
38 765
-
income
3 788
2 859
4 273
-
other
425
388
142
-
pensions
4 355
3 969
1 447
-
health
1 645
1 501
546
-
unemployment
1 276
1 163
425
-
total
11 489
9 880
6 833
-
Employer
42 521
38 765
38 765
-
other
2 019
1 840
1 632
-
unemployment
1 276
1 163
425
-
health
1 608
1 466
533
-
surtax
-
-
-
-
accident
552
504
185
-
pensions
5 337
4 866
1 774
-
payroll
1 276
1 163
1 163
-
chamber of commerce
170
155
155
-
total
12 238
11 157
5 867
-
Corporate
3 692
3 692
10 442
-
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.

923
923
2 610
-
total
923
923
2 610
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
20 000
20 000
20 000
20 000
Total tax
24 650
21 960
15 310
11 274
After tax
-4 650
-1 960
4 690
8 726
Living cost
31 033
31 033
31 033
31 033
Free-cash
-35 683
-32 993
-26 343
-22 307

Estimated living cost  is ₽31033 per week

₽18616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3169
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.
₽8694
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3543
₽6543
₽7343
₽4208
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
20 000
microenterprise

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

-
-
-
200
total
-
-
-
200
Employee
15 571
-
20 000
-
income
3 114
-
4 000
-
total
3 114
-
4 000
-
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%.

4 429
20 000
-
-
total
-
-
-
-
Dividends
4 429
20 000
-
-
withholding
221
1 000
-
-
total
221
1 000
-
-
Income
20 000
20 000
20 000
20 000
Total tax
3 335
1 000
4 000
200
After tax
16 665
19 000
16 000
19 800
Living cost
12 457
12 457
12 457
12 457
Free-cash
4 208
6 543
3 543
7 343

Estimated living cost  is ₽12457 per week

₽8429
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽418
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14767
-₽12321
-₽14038
-₽29713
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
20 000
health
-
-
-
1 968
income
-
-
-
2 296
pensions
-
-
-
3 653
unemployment
-
-
-
30
total
-
-
-
7 947
Employee

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

43 014
-
17 305
-
income
7 418
-
2 158
-
pensions
6 668
-
2 682
-
health
2 778
-
1 117
-
unemployment
61
-
24
-
total
16 925
-
5 981
-
Employer

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

43 014
-
17 305
-
unemployment
26
-
11
-
health
2 865
-
1 152
-
pensions
3 806
-
1 532
-
total
6 697
-
2 695
-
Corporate
-
20 000
-
-
income
-
3 801
-
-
total
-
3 801
-
-
Dividends
-
16 199
-
-
withholding
-
2 429
-
-
total
-
2 429
-
-
Income
20 000
20 000
20 000
20 000
Total tax
23 622
6 230
8 676
7 947
After tax
-3 622
13 770
11 324
12 053
Living cost
26 091
26 091
26 091
26 091
Free-cash
-29 713
-12 321
-14 767
-14 038

Estimated living cost  is ₽26091 per week

₽17906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6009
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽39574
-₽32406
-₽30752
-₽134031
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
20 000
social contributions
-
-
-
2 280
income
-
-
-
3 898
total
-
-
-
6 178
Employee
63 913
-
7 157
-
social contributions
5 241
-
747
-
income
14 098
-
1 410
-
total
19 339
-
2 157
-
Employer
63 913
-
7 157
-
social contributions
90 118
-
12 843
-
total
90 118
-
12 843
-
Corporate
-
20 000
-
-
income
-
4 400
-
-
total
-
4 400
-
-
Dividends
-
15 600
-
-
income
-
3 432
-
-
total
-
3 432
-
-
Income
20 000
20 000
20 000
20 000
Total tax
109 457
7 832
15 000
6 178
After tax
-89 457
12 168
5 000
13 822
Living cost
44 574
44 574
44 574
44 574
Free-cash
-134 031
-32 406
-39 574
-30 752

Estimated living cost  is ₽44574 per week

₽28922
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18322
-₽19135
-₽18628
-₽35363
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
20 000
social contributions

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

-
-
-
6 950
income
-
-
-
1 167
surtax
-
-
-
-
total
-
-
-
8 117
Employee
44 738
-
16 162
-
surtax
-
-
-
-
social contributions
4 921
-
1 778
-
income
9 306
-
2 195
-
total
14 227
-
3 973
-
Employer
44 738
-
16 162
-
social contributions
10 625
-
3 838
-
total
10 625
-
3 838
-
Corporate
-
20 000
-
-
surtax
-
-
-
-
income
-
4 199
-
-
total
-
4 199
-
-
Dividends
-
15 801
-
-
withholding
-
4 425
-
-
total
-
4 425
-
-
Income
20 000
20 000
20 000
20 000
Total tax
24 852
8 624
7 811
8 117
After tax
-4 852
11 376
12 189
11 883
Living cost
30 511
30 511
30 511
30 511
Free-cash
-35 363
-19 135
-18 322
-18 628

Estimated living cost  is ₽30511 per week

₽22829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1800
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5374
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽33902
-₽36901
-₽35166
-₽59951
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
20 000
other
-
-
-
620
social contributions
-
-
-
569
health
-
-
-
260
income
-
-
-
-
pensions
-
-
-
6 736
surtax
-
-
-
-
total
-
-
-
8 185
Employee
60 924
-
15 239
-
surtax
-
-
-
-
social contributions
1 735
-
436
-
income
5 316
-
-
-
pensions
6 891
-
1 724
-
total
13 942
-
2 160
-
Employer
60 924
-
15 239
-
other
2 103
-
526
-
unemployment
2 468
-
617
-
health
4 264
-
1 067
-
pensions
10 010
-
2 505
-
social contributions
183
-
46
-
total
19 028
-
4 761
-
Corporate
-
20 000
-
-
surtax
-
-
-
-
income
-
5 601
-
-
total
-
5 601
-
-
Dividends
-
14 399
-
-
social contributions
-
2 477
-
-
surtax
-
-
-
-
withholding
-
1 842
-
-
total
-
4 319
-
-
Income
20 000
20 000
20 000
20 000
Total tax
32 970
9 920
6 921
8 185
After tax
-12 970
10 080
13 079
11 815
Living cost
46 981
46 981
46 981
46 981
Free-cash
-59 951
-36 901
-33 902
-35 166

Estimated living cost  is ₽46981 per week

₽31796
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3843
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽644
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10697
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13048
-₽11239
-₽13639
-₽16119
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
20 000
income
-
-
-
-
social contributions
-
-
-
4 399
total
-
-
-
4 399
Employee
31 272
-
17 316
-
income
-
-
-
-
social contributions
2 032
-
1 124
-
total
2 032
-
1 124
-
Employer
31 272
-
17 316
-
social contributions
4 847
-
2 684
-
total
4 847
-
2 684
-
Corporate
-
20 000
-
-
income
-
1 999
-
-
total
-
1 999
-
-
Dividends
-
18 001
-
-
total
-
-
-
-
Income
20 000
20 000
20 000
20 000
Total tax
6 879
1 999
3 808
4 399
After tax
13 121
18 001
16 192
15 601
Living cost
29 240
29 240
29 240
29 240
Free-cash
-16 119
-11 239
-13 048
-13 639

Estimated living cost  is ₽29240 per week

₽18906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2204
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7579
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽191583
-₽191583
-₽31485
-₽191583
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
20 000
labour market
-
-
-
1 533
pensions
-
-
-
842
national
-
-
-
946
municipal
-
-
-
1 395
total
-
-
-
4 716
Employee
197 399
197 399
197 399
-
labour market
15 769
15 769
15 769
-
municipal
42 035
42 035
42 035
-
national
24 116
24 116
24 116
-
pensions
281
281
281
-
total
82 201
82 201
82 201
-
Employer
197 399
197 399
197 399
-
national
24 158
24 158
24 158
-
labour market
15 792
15 792
15 792
-
pensions
561
561
561
-
municipal
42 102
42 102
42 102
-
total
82 613
82 613
82 613
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
20 000
20 000
20 000
20 000
Total tax
164 814
164 814
164 814
4 716
After tax
-144 814
-144 814
-144 814
15 284
Living cost
46 769
46 769
46 769
46 769
Free-cash
-191 583
-191 583
-191 583
-31 485

Estimated living cost  is ₽46769 per week

₽32009
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4137
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽719
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9903
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10674
-₽19616
-₽10398
-₽20215
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
20 000
other
-
-
-
363
health
-
-
-
2 137
accident
-
-
-
247
income
-
-
-
2 339
pensions
-
-
-
4 076
total
-
-
-
9 162
Employee
33 406
-
16 614
-
income
4 583
-
2 279
-
pensions
3 762
-
1 871
-
health
3 825
-
1 902
-
total
12 170
-
6 052
-
Employer
33 406
-
16 614
-
unemployment
819
-
407
-
accident
558
-
278
-
pensions
5 432
-
2 701
-
total
6 809
-
3 386
-
Corporate
-
20 000
-
-
income

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

-
18 000
-
-
total
-
18 000
-
-
Dividends
-
2 000
-
-
withholding
-
380
-
-
total
-
380
-
-
Income
20 000
20 000
20 000
20 000
Total tax
18 979
18 380
9 438
9 162
After tax
1 021
1 620
10 562
10 838
Living cost
21 236
21 236
21 236
21 236
Free-cash
-20 215
-19 616
-10 674
-10 398

Estimated living cost  is ₽21236 per week

₽15458
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1211
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4169
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24685
-₽23506
-₽20946
-₽40833
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
20 000
health
-
-
-
-
national
-
-
-
-
municipal
-
-
-
3 600
total
-
-
-
3 600
Employee
51 177
-
16 825
-
municipal
8 382
-
2 778
-
national
845
-
-
-
pensions
3 454
-
1 135
-
health
382
-
-
-
unemployment
768
-
253
-
total
13 831
-
4 166
-
Employer
51 177
-
16 825
-
unemployment
332
-
109
-
health
393
-
129
-
accident
52
-
17
-
pensions
8 879
-
2 918
-
total
9 656
-
3 173
-
Corporate
-
20 000
-
-
income
-
4 000
-
-
total
-
4 000
-
-
Dividends

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

-
12 000
-
-
national
-
-
-
-
municipal
-
2 160
-
-
total
-
2 160
-
-
Income
20 000
20 000
20 000
20 000
Total tax
23 487
6 160
7 339
3 600
After tax
-3 487
13 840
12 661
16 400
Living cost
37 346
37 346
37 346
37 346
Free-cash
-40 833
-23 506
-24 685
-20 946

Estimated living cost  is ₽37346 per week

₽24394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3592
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16012
-₽24517
-₽9233
-₽17530
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 979
social contributions
-
-
-
5 769
health
-
-
-
943
income
-
-
-
-
total
-
-
-
6 712
Employee
74 798
74 798
74 798
-
social contributions
2 828
6 208
2 093
-
income
8 144
6 924
8 410
-
health
580
1 272
428
-
total
11 552
14 404
10 931
-
Employer
74 798
74 798
74 798
-
health
629
1 384
467
-
social contributions
2 828
6 208
2 093
-
total
3 457
7 592
2 560
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
20 000
20 000
20 000
20 000
Total tax
15 009
21 996
13 491
6 712
After tax
4 991
-1 996
6 509
13 288
Living cost
22 521
22 521
22 521
22 521
Free-cash
-17 530
-24 517
-16 012
-9 233

Estimated living cost  is ₽22521 per week

₽13497
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2902
₽1119
-₽6103
-₽4628
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 000
health
-
-
-
3 520
income
-
-
-
923
pensions
-
-
-
6 188
unemployment
-
-
-
28
total
-
-
-
10 659
Employee

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

22 327
-
18 134
-
income
1 527
-
1 240
-
pensions
3 349
-
2 721
-
health
1 898
-
1 541
-
unemployment
111
-
90
-
total
6 885
-
5 592
-
Employer

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

22 327
-
18 134
-
unemployment
111
-
90
-
health
960
-
779
-
pensions
1 228
-
997
-
total
2 299
-
1 866
-
Corporate
-
20 000
-
-
income
-
1 800
-
-
total
-
1 800
-
-
Dividends
-
18 200
-
-
withholding
-
1 637
-
-
total
-
1 637
-
-
Income
20 000
20 000
20 000
20 000
Total tax
9 184
3 437
7 458
10 659
After tax
10 816
16 563
12 542
9 341
Living cost
15 444
15 444
15 444
15 444
Free-cash
-4 628
1 119
-2 902
-6 103

Estimated living cost  is ₽15444 per week

₽9854
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1113
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4017
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20608
-₽13098
-₽15631
-₽27434
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
20 000
other
-
-
-
20
accident
-
-
-
188
income
-
-
-
2 608
pensions
-
-
-
5 920
unemployment
-
-
-
146
total
-
-
-
8 882
Employee
35 967
-
9 644
-
income
6 934
-
1 440
-
other
35
-
33
-
pensions
1 691
-
1 527
-
unemployment
557
-
504
-
total
9 217
-
3 504
-
Employer
35 967
-
9 644
-
other
288
-
260
-
unemployment
1 979
-
1 787
-
accident
713
-
642
-
pensions
8 488
-
7 666
-
total
11 468
-
10 355
-
Corporate
-
20 000
-
-
income

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

-
3 000
-
-
total
-
3 000
-
-
Dividends
-
17 000
-
-
withholding
-
3 349
-
-
total
-
3 349
-
-
Income
20 000
20 000
20 000
20 000
Total tax
20 685
6 349
13 859
8 882
After tax
-685
13 651
6 141
11 118
Living cost
26 749
26 749
26 749
26 749
Free-cash
-27 434
-13 098
-20 608
-15 631

Estimated living cost  is ₽26749 per week

₽18055
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10008
₽10676
₽10137
₽10381
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
20 000
health
-
-
-
954
income
-
-
-
5 789
pensions
-
-
-
1 316
total
-
-
-
8 059
Employee
2 748
-
18 520
-
income
532
-
5 720
-
pensions
247
-
592
-
health
137
-
329
-
unemployment
27
-
66
-
total
943
-
6 707
-
Employer
2 748
-
18 520
-
unemployment
55
-
132
-
health
261
-
625
-
pensions
302
-
724
-
total
618
-
1 481
-
Corporate
16 634
20 000
-
-
income
3 659
4 400
-
-
total
3 659
4 400
-
-
Dividends
12 974
15 600
-
-
withholding
2 595
3 120
-
-
total
2 595
3 120
-
-
Income
20 000
20 000
20 000
20 000
Total tax
7 815
7 520
8 188
8 059
After tax
12 185
12 480
11 812
11 941
Living cost
1 804
1 804
1 804
1 804
Free-cash
10 381
10 676
10 008
10 137

Estimated living cost  is ₽1804 per week

₽1072
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽146
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.
₽544
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4983
-₽2299
-₽5843
-₽9777
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
20 000
health
-
-
-
2 060
income
-
-
-
1 534
pensions
-
-
-
5 200
unemployment
-
-
-
300
total
-
-
-
9 094
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.

25 256
-
16 964
-
income
3 481
-
1 821
-
pensions
3 536
-
2 375
-
health
1 301
-
874
-
unemployment
189
-
127
-
total
8 507
-
5 197
-
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.

25 256
-
16 964
-
unemployment
189
-
127
-
health
1 301
-
874
-
pensions
3 031
-
2 036
-
total
4 521
-
3 037
-
Corporate
-
20 000
-
-
income
-
3 000
-
-
total
-
3 000
-
-
Dividends
-
17 000
-
-
withholding
-
2 550
-
-
total
-
2 550
-
-
Income
20 000
20 000
20 000
20 000
Total tax
13 028
5 550
8 234
9 094
After tax
6 972
14 450
11 766
10 906
Living cost
16 749
16 749
16 749
16 749
Free-cash
-9 777
-2 299
-4 983
-5 843

Estimated living cost  is ₽16749 per week

₽11277
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1296
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3692
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14035
-₽14848
-₽14341
-₽26720
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
20 000
social contributions

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

-
-
-
6 950
income
-
-
-
1 167
surtax
-
-
-
-
total
-
-
-
8 117
Employee
37 754
-
16 162
-
surtax
-
-
-
-
social contributions
4 153
-
1 778
-
income
7 377
-
2 195
-
total
11 530
-
3 973
-
Employer
37 754
-
16 162
-
social contributions
8 966
-
3 838
-
total
8 966
-
3 838
-
Corporate
-
20 000
-
-
surtax
-
-
-
-
income
-
4 199
-
-
total
-
4 199
-
-
Dividends
-
15 801
-
-
withholding
-
4 425
-
-
total
-
4 425
-
-
Income
20 000
20 000
20 000
20 000
Total tax
20 496
8 624
7 811
8 117
After tax
-496
11 376
12 189
11 883
Living cost
26 224
26 224
26 224
26 224
Free-cash
-26 720
-14 848
-14 035
-14 341

Estimated living cost  is ₽26224 per week

₽18574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1822
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.
₽5364
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28045
-₽20535
-₽23068
-₽41957
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
20 000
other
-
-
-
20
accident
-
-
-
188
income
-
-
-
2 608
pensions
-
-
-
5 920
unemployment
-
-
-
146
total
-
-
-
8 882
Employee
46 978
-
9 644
-
income
9 812
-
1 440
-
other
46
-
33
-
pensions
2 208
-
1 527
-
unemployment
727
-
504
-
total
12 793
-
3 504
-
Employer
46 978
-
9 644
-
other
377
-
260
-
unemployment
2 584
-
1 787
-
accident
930
-
642
-
pensions
11 087
-
7 666
-
total
14 978
-
10 355
-
Corporate
-
20 000
-
-
income

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

-
3 000
-
-
total
-
3 000
-
-
Dividends
-
17 000
-
-
withholding
-
3 349
-
-
total
-
3 349
-
-
Income
20 000
20 000
20 000
20 000
Total tax
27 771
6 349
13 859
8 882
After tax
-7 771
13 651
6 141
11 118
Living cost
34 186
34 186
34 186
34 186
Free-cash
-41 957
-20 535
-28 045
-23 068

Estimated living cost  is ₽34186 per week

₽24551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2658
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3916
₽556
-₽4884
-₽6206
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
20 000
health
-
-
-
2 300
income
-
-
-
3 000
pensions

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

-
-
-
2 960
unemployment
-
-
-
80
total
-
-
-
8 340
Employee
21 907
-
16 719
-
income
2 191
-
1 672
-
accident

We are using the highest rate at 1.1%.

241
-
184
-
pensions

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

1 923
-
1 468
-
health
1 008
-
769
-
total
5 363
-
4 093
-
Employer
21 907
-
16 719
-
unemployment
132
-
100
-
health
1 512
-
1 153
-
accident

We are using the highest rate at 1.1%.

241
-
184
-
pensions

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

2 414
-
1 842
-
total
4 299
-
3 279
-
Corporate
-
20 000
-
-
income
-
2 000
-
-
total
-
2 000
-
-
Dividends
-
18 000
-
-
withholding
-
900
-
-
total
-
900
-
-
Income
20 000
20 000
20 000
20 000
Total tax
9 662
2 900
7 372
8 340
After tax
10 338
17 100
12 628
11 660
Living cost
16 544
16 544
16 544
16 544
Free-cash
-6 206
556
-3 916
-4 884

Estimated living cost  is ₽16544 per week

₽10942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽947
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24199
-₽27012
-₽24199
-₽28399
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
20 000
health

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

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

-
-
-
6 645
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
-
-
-
6 645
Employee

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

48 399
-
20 000
-
surtax

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

220
-
-
-
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.

3 980
-
-
-
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.

6 645
-
6 645
-
total
10 845
-
6 645
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
20 000
-
-
chamber of commerce
-
177
-
-
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.

-
164
-
-
trade
-
2 870
-
-
income
-
3 000
-
-
total
-
6 211
-
-
Dividends
-
13 788
-
-
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.

-
170
-
-
withholding
-
3 077
-
-
total
-
3 247
-
-
Income
20 000
20 000
20 000
20 000
Total tax
10 845
9 458
6 645
6 645
After tax
9 155
10 542
13 355
13 355
Living cost
37 554
37 554
37 554
37 554
Free-cash
-28 399
-27 012
-24 199
-24 199

Estimated living cost  is ₽37554 per week

₽25906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4041
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.
₽7063
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽36795
-₽41410
-₽36795
-₽56090
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
20 000
income
-
-
-
954
social contributions
-
-
-
430
total
-
-
-
1 384
Employee
76 089
-
20 000
-
income
14 358
-
954
-
social contributions
6 321
-
430
-
total
20 679
-
1 384
-
Employer
76 089
-
20 000
-
total
-
-
-
-
Corporate
-
20 000
-
-
income
-
2 499
-
-
total
-
2 499
-
-
Dividends
-
17 501
-
-
withholding
-
3 500
-
-
total
-
3 500
-
-
Income
20 000
20 000
20 000
20 000
Total tax
20 679
5 999
1 384
1 384
After tax
-679
14 001
18 616
18 616
Living cost
55 411
55 411
55 411
55 411
Free-cash
-56 090
-41 410
-36 795
-36 795

Estimated living cost  is ₽55411 per week

₽42156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4515
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8211
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18954
-₽25214
-₽49000
-₽31998
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
20 000
income
-
-
-
27 689
health

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

-
-
-
6 001
total
-
-
-
33 690
Employee
44 623
-
18 178
-
income
4 842
-
-
-
social contributions
4 471
-
1 822
-
total
9 313
-
1 822
-
Employer
44 623
-
18 178
-
social contributions
4 471
-
1 822
-
total
4 471
-
1 822
-
Corporate
-
20 000
-
-
income
-
7 000
-
-
total
-
7 000
-
-
Dividends
-
13 000
-
-
social contributions
2 904
2 904
-
-
total
2 904
2 904
-
-
Income
20 000
20 000
20 000
20 000
Total tax
16 688
9 904
3 644
33 690
After tax
3 312
10 096
16 356
-13 690
Living cost
35 310
35 310
35 310
35 310
Free-cash
-31 998
-25 214
-18 954
-49 000

Estimated living cost  is ₽35310 per week

₽23259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8726
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20904
-₽20902
-₽20036
-₽35174
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
20 000
income
-
-
-
3 962
pensions
-
-
-
187
total
-
-
-
4 149
Employee
49 260
-
18 862
-
income
8 971
-
3 747
-
health
643
-
19
-
pensions
3 760
-
113
-
total
13 374
-
3 879
-
Employer
49 260
-
18 862
-
health
936
-
357
-
pensions
4 977
-
781
-
total
5 913
-
1 138
-
Corporate
-
20 000
-
-
income

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

-
3 800
-
-
total
-
3 800
-
-
Dividends
-
16 200
-
-
withholding
-
1 215
-
-
total
-
1 215
-
-
Income
20 000
20 000
20 000
20 000
Total tax
19 287
5 015
5 017
4 149
After tax
713
14 985
14 983
15 851
Living cost
35 887
35 887
35 887
35 887
Free-cash
-35 174
-20 902
-20 904
-20 036

Estimated living cost  is ₽35887 per week

₽24618
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3300
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽12777
-₽21719
-₽12501
-₽24194
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
20 000
other
-
-
-
363
health
-
-
-
2 137
accident
-
-
-
247
income
-
-
-
2 339
pensions
-
-
-
4 076
total
-
-
-
9 162
Employee
36 713
-
16 614
-
income
5 037
-
2 279
-
pensions
4 134
-
1 871
-
health
4 203
-
1 902
-
total
13 374
-
6 052
-
Employer
36 713
-
16 614
-
unemployment
899
-
407
-
accident
613
-
278
-
pensions
5 969
-
2 701
-
total
7 481
-
3 386
-
Corporate
-
20 000
-
-
income

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

-
18 000
-
-
total
-
18 000
-
-
Dividends
-
2 000
-
-
withholding
-
380
-
-
total
-
380
-
-
Income
20 000
20 000
20 000
20 000
Total tax
20 855
18 380
9 438
9 162
After tax
-855
1 620
10 562
10 838
Living cost
23 339
23 339
23 339
23 339
Free-cash
-24 194
-21 719
-12 777
-12 501

Estimated living cost  is ₽23339 per week

₽17128
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1360
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.
₽4380
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽603
₽3897
-₽603
-₽965
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
20 000
income
-
-
-
2 000
health insurance
-
-
-
1 480
work injury
-
-
-
100
pensions
-
-
-
3 680
unemployment
-
-
-
240
total
-
-
-
7 500
Employee

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

20 965
-
20 000
-
income
2 096
-
2 000
-
work injury
105
-
100
-
health insurance
1 551
-
1 480
-
pensions
3 858
-
3 680
-
unemployment
252
-
240
-
total
7 862
-
7 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
20 000
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
-
20 000
-
-
withholding
-
3 000
-
-
total
-
3 000
-
-
Income
20 000
20 000
20 000
20 000
Total tax
7 862
3 000
7 500
7 500
After tax
12 138
17 000
12 500
12 500
Living cost
13 103
13 103
13 103
13 103
Free-cash
-965
3 897
-603
-603

Estimated living cost  is ₽13103 per week

₽8118
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3625
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31227
-₽28215
-₽29486
-₽61969
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
20 000
social contributions
-
-
-
7 539
national
-
-
-
2 867
regional
-
-
-
216
municipal
-
-
-
113
total
-
-
-
10 735
Employee
81 968
-
20 000
-
social contributions
27 639
-
9 883
-
municipal
489
-
90
-
national
13 852
-
2 328
-
regional
1 238
-
175
-
total
43 218
-
12 476
-
Employer
81 968
-
20 000
-
total
-
-
-
-
Corporate
-
20 000
-
-
nationa
-
4 799
-
-
municipal
-
964
-
-
total
-
5 763
-
-
Dividends
-
14 237
-
-
withholding
-
3 701
-
-
total
-
3 701
-
-
Income
20 000
20 000
20 000
20 000
Total tax
43 218
9 464
12 476
10 735
After tax
-23 218
10 536
7 524
9 265
Living cost
38 751
38 751
38 751
38 751
Free-cash
-61 969
-28 215
-31 227
-29 486

Estimated living cost  is ₽38751 per week

₽27220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8279
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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