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
-₽18566
-₽15411
-₽15411
-₽16486
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
-
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.

-
-
-
6 517
trade
-
-
-
-
total
-
-
-
6 517
Employee

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

36 486
-
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.

56
-
-
-
income

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

1 019
-
-
-
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.

6 517
-
6 517
-
total
7 592
-
6 517
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
20 000
-
-
income
-
3 000
-
-
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.

-
165
-
-
chamber of commerce
-
174
-
-
trade
-
3 150
-
-
total
-
6 489
-
-
Dividends
-
13 512
-
-
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.

-
167
-
-
withholding
-
3 016
-
-
total
-
3 183
-
-
Income
20 000
20 000
20 000
20 000
Total tax
7 592
9 672
6 517
6 517
After tax
12 408
10 328
13 483
13 483
Living cost
28 894
28 894
28 894
28 894
Free-cash
-16 486
-18 566
-15 411
-15 411

Estimated living cost  is ₽28894 per week

₽18175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3369
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6810
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽38611
-₽36291
-₽36447
-₽66388
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 075
national
-
-
-
1 666
pensions
-
-
-
2 400
total
-
-
-
5 356
Employee
79 201
-
17 290
-
municipal
9 783
-
1 153
-
pensions
3 168
-
692
-
national
15 159
-
1 786
-
total
28 110
-
3 631
-
Employer
79 201
-
17 290
-
pensions
6 336
-
1 383
-
social contributions
851
-
186
-
total
7 187
-
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
35 297
7 520
5 200
5 356
After tax
-15 297
12 480
14 800
14 644
Living cost
51 091
51 091
51 091
51 091
Free-cash
-66 388
-38 611
-36 291
-36 447

Estimated living cost  is ₽51091 per week

₽34726
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽765
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10851
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3847
-₽8370
-₽5849
-₽14589
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
3 003
microenterprise
-
-
-
3 000
total
-
-
-
6 003
Employee
27 874
-
16 117
-
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.

3 067
-
1 772
-
income
4 962
-
2 869
-
total
8 029
-
4 641
-
Employer
27 874
-
16 117
-
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.

6 714
-
3 883
-
surtax
-
-
-
-
total
6 714
-
3 883
-
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%.

-
4 001
-
-
total
-
4 001
-
-
Dividends

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

-
15 999
-
-
total
-
-
-
-
Income
20 000
20 000
20 000
20 000
Total tax
14 743
4 001
8 524
6 003
After tax
5 257
15 999
11 476
13 997
Living cost
19 846
19 846
19 846
19 846
Free-cash
-14 589
-3 847
-8 370
-5 849

Estimated living cost  is ₽19846 per week

₽12661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽69374
-₽74729
-₽28432
-₽74729
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 799
health
-
-
-
3 070
pensions
-
-
-
3 601
total
-
-
-
8 470
Employee
81 462
81 462
81 462
-
pensions
14 663
11 177
14 663
-
income

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

13 334
13 334
13 334
-
health
12 504
10 635
12 504
-
total
40 501
35 146
40 501
-
Employer
81 462
81 462
81 462
-
health
5 663
5 663
5 663
-
pensions
5 670
5 670
5 670
-
unemployment
2 933
2 933
2 933
-
total
14 266
14 266
14 266
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
20 000
20 000
20 000
20 000
Total tax
54 767
49 412
54 767
8 470
After tax
-34 767
-29 412
-34 767
11 530
Living cost
39 962
39 962
39 962
39 962
Free-cash
-74 729
-69 374
-74 729
-28 432

Estimated living cost  is ₽39962 per week

₽28320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3602
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽635
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7404
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28227
-₽28466
-₽29177
-₽53308
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
40
other
-
-
-
2 324
unemployment
-
-
-
20
health
-
-
-
1 248
municipal
-
-
-
4 236
national
-
-
-
-
pensions
-
-
-
2 162
total
-
-
-
10 030
Employee
55 781
-
15 218
-
municipal
16 634
-
4 538
-
national
-
-
-
-
total
16 634
-
4 538
-
Employer
55 781
-
15 218
-
health
3 430
-
936
-
pensions
6 030
-
1 645
-
accident
112
-
30
-
unemployment
1 473
-
402
-
other
6 482
-
1 768
-
total
17 527
-
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
34 161
9 080
9 319
10 030
After tax
-14 161
10 920
10 681
9 970
Living cost
39 147
39 147
39 147
39 147
Free-cash
-53 308
-28 227
-28 466
-29 177

Estimated living cost  is ₽39147 per week

₽25945
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3841
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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

Source of data for Stockholm model

Close
Hamburg , Germany
-₽27250
-₽23992
-₽23992
-₽28376
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
-
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.

-
-
-
6 517
trade
-
-
-
-
total
-
-
-
6 517
Employee

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

48 376
-
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.

228
-
-
-
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.

4 156
-
-
-
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.

6 517
-
6 517
-
total
10 901
-
6 517
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
20 000
-
-
income
-
3 000
-
-
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.

-
165
-
-
chamber of commerce
-
174
-
-
trade
-
3 289
-
-
total
-
6 628
-
-
Dividends
-
13 373
-
-
surtax

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

-
165
-
-
withholding
-
2 982
-
-
total
-
3 147
-
-
Income
20 000
20 000
20 000
20 000
Total tax
10 901
9 775
6 517
6 517
After tax
9 099
10 225
13 483
13 483
Living cost
37 475
37 475
37 475
37 475
Free-cash
-28 376
-27 250
-23 992
-23 992

Estimated living cost  is ₽37475 per week

₽25063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3952
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.
₽7900
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽32512
-₽24173
-₽17523
-₽27297
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 264
income
-
-
-
-
social contributions
-
-
-
5 657
health
-
-
-
925
total
-
-
-
6 582
Employee
73 353
73 353
73 353
-
social contributions
3 564
6 088
2 053
-
income
7 703
6 790
8 248
-
health
730
1 247
420
-
total
11 997
14 125
10 721
-
Employer
73 353
73 353
73 353
-
health
795
1 358
458
-
social contributions
3 564
6 088
2 053
-
total
4 359
7 446
2 511
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
20 000
20 000
20 000
20 000
Total tax
16 356
21 571
13 232
6 582
After tax
3 644
-1 571
6 768
13 418
Living cost
30 941
30 941
30 941
30 941
Free-cash
-27 297
-32 512
-24 173
-17 523

Estimated living cost  is ₽30941 per week

₽21151
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2417
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6854
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5990
-₽5947
-₽3685
-₽10256
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 445
unemployment
-
-
-
300
health
-
-
-
1 400
pensions
-
-
-
2 000
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.

25 319
10 077
16 736
-
unemployment
380
151
251
-
pensions
2 532
1 008
1 674
-
income
3 095
1 232
2 046
-
health
1 772
705
1 172
-
total
7 779
3 096
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.

25 319
10 077
16 736
-
pensions
4 937
1 965
3 264
-
total
4 937
1 965
3 264
-
Corporate
-
7 958
-
-
income
-
716
-
-
total
-
716
-
-
Dividends
-
7 242
-
-
social contributions
-
1 297
-
-
withholding
-
1 376
-
-
total
-
2 673
-
-
Income
20 000
20 000
20 000
20 000
Total tax
12 716
8 450
8 407
6 145
After tax
7 284
11 550
11 593
13 855
Living cost
17 540
17 540
17 540
17 540
Free-cash
-10 256
-5 990
-5 947
-3 685

Estimated living cost  is ₽17540 per week

₽11969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1435
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7042
-₽9339
-₽10149
-₽16209
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
507
health
-
-
-
2 600
pensions
-
-
-
4 001
total
-
-
-
7 108
Employee
27 062
-
14 948
-
unemployment
433
-
239
-
pensions
541
-
299
-
income
3 047
-
710
-
total
4 021
-
1 248
-
Employer
27 062
-
14 948
-
health
3 517
-
1 942
-
pensions
5 413
-
2 989
-
unemployment
217
-
119
-
total
9 147
-
5 050
-
Corporate
-
20 000
-
-
income
-
4 001
-
-
total
-
4 001
-
-
Dividends
-
15 999
-
-
total
-
-
-
-
Income
20 000
20 000
20 000
20 000
Total tax
13 168
4 001
6 298
7 108
After tax
6 832
15 999
13 702
12 892
Living cost
23 041
23 041
23 041
23 041
Free-cash
-16 209
-7 042
-9 339
-10 149

Estimated living cost  is ₽23041 per week

₽15804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1372
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5402
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19711
-₽10769
-₽10435
-₽20392
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
245
income
-
-
-
2 351
other
-
-
-
359
health
-
-
-
2 115
pensions
-
-
-
4 034
total
-
-
-
9 104
Employee
33 555
-
16 614
-
pensions
3 778
-
1 871
-
income
4 603
-
2 279
-
health
3 842
-
1 903
-
total
12 223
-
6 053
-
Employer
33 555
-
16 614
-
pensions
5 456
-
2 701
-
accident
560
-
277
-
unemployment
822
-
407
-
total
6 838
-
3 385
-
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
19 061
18 380
9 438
9 104
After tax
939
1 620
10 562
10 896
Living cost
21 331
21 331
21 331
21 331
Free-cash
-20 392
-19 711
-10 769
-10 435

Estimated living cost  is ₽21331 per week

₽15634
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1182
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4071
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11208
₽8208
₽12008
₽9747
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 740
-
20 000
-
income
1 948
-
4 000
-
total
1 948
-
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%.

10 260
20 000
-
-
total
-
-
-
-
Dividends
10 260
20 000
-
-
withholding
513
1 000
-
-
total
513
1 000
-
-
Income
20 000
20 000
20 000
20 000
Total tax
2 461
1 000
4 000
200
After tax
17 539
19 000
16 000
19 800
Living cost
7 792
7 792
7 792
7 792
Free-cash
9 747
11 208
8 208
12 008

Estimated living cost  is ₽7792 per week

₽4829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽214
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10725
-₽13696
-₽14590
-₽23366
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 540
other
-
-
-
950
health
-
-
-
880
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.

-
-
-
4 801
total
-
-
-
9 171
Employee
34 636
-
15 974
-
unemployment
346
-
159
-
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.

2 424
-
1 119
-
income
5 963
-
2 750
-
health
485
-
224
-
total
9 218
-
4 252
-
Employer
34 636
-
15 974
-
health
485
-
224
-
pensions

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

5 889
-
2 715
-
accident
277
-
129
-
unemployment
346
-
159
-
other
1 732
-
798
-
total
8 729
-
4 025
-
Corporate
-
20 000
-
-
income
-
4 200
-
-
total
-
4 200
-
-
Dividends
-
15 800
-
-
withholding
-
1 106
-
-
total
-
1 106
-
-
Income
20 000
20 000
20 000
20 000
Total tax
17 947
5 306
8 277
9 171
After tax
2 053
14 694
11 723
10 829
Living cost
25 419
25 419
25 419
25 419
Free-cash
-23 366
-10 725
-13 696
-14 590

Estimated living cost  is ₽25419 per week

₽17960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1716
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.
₽5333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽48305
-₽48372
-₽47466
-₽81822
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 956
pensions
-
-
-
219
total
-
-
-
4 175
Employee
89 547
-
18 829
-
pensions
8 639
-
152
-
income
16 142
-
3 731
-
health
1 476
-
27
-
total
26 257
-
3 910
-
Employer
89 547
-
18 829
-
health
1 701
-
358
-
pensions
10 573
-
813
-
total
12 274
-
1 171
-
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.

-
3 799
-
-
total
-
3 799
-
-
Dividends
-
16 201
-
-
withholding
-
1 215
-
-
total
-
1 215
-
-
Income
20 000
20 000
20 000
20 000
Total tax
38 531
5 014
5 081
4 175
After tax
-18 531
14 986
14 919
15 825
Living cost
63 291
63 291
63 291
63 291
Free-cash
-81 822
-48 305
-48 372
-47 466

Estimated living cost  is ₽63291 per week

₽47425
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7916
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽4592
₽120
-₽848
₽162
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 000
unemployment
-
-
-
80
health
-
-
-
2 300
pensions

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

-
-
-
2 960
total
-
-
-
8 340
Employee
16 563
-
16 719
-
accident

We are using the highest rate at 1.1%.

182
-
184
-
pensions

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

1 454
-
1 468
-
income
1 656
-
1 672
-
health
762
-
769
-
total
4 054
-
4 093
-
Employer
16 563
-
16 719
-
health
1 143
-
1 153
-
pensions

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

1 825
-
1 842
-
accident

We are using the highest rate at 1.1%.

182
-
184
-
unemployment
99
-
100
-
total
3 249
-
3 279
-
Corporate
188
20 000
-
-
income
19
2 000
-
-
total
19
2 000
-
-
Dividends
169
18 000
-
-
withholding
8
900
-
-
total
8
900
-
-
Income
20 000
20 000
20 000
20 000
Total tax
7 330
2 900
7 372
8 340
After tax
12 670
17 100
12 628
11 660
Living cost
12 508
12 508
12 508
12 508
Free-cash
162
4 592
120
-848

Estimated living cost  is ₽12508 per week

₽7302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽893
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽331
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3981
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽82309
-₽87664
-₽41367
-₽83927
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 799
health
-
-
-
3 070
pensions
-
-
-
3 601
total
-
-
-
8 470
Employee
88 442
81 462
81 462
-
pensions
11 177
11 177
14 663
-
income

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

13 334
13 334
13 334
-
health
11 034
10 635
12 504
-
total
35 545
35 146
40 501
-
Employer
88 442
81 462
81 462
-
health
6 146
5 663
5 663
-
pensions
6 155
5 670
5 670
-
unemployment
3 184
2 933
2 933
-
total
15 485
14 266
14 266
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
20 000
20 000
20 000
20 000
Total tax
51 030
49 412
54 767
8 470
After tax
-31 030
-29 412
-34 767
11 530
Living cost
52 897
52 897
52 897
52 897
Free-cash
-83 927
-82 309
-87 664
-41 367

Estimated living cost  is ₽52897 per week

₽39020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4725
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽606
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9967
-₽13587
-₽13996
-₽26777
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 719
social contributions
-
-
-
5 840
solidarity contribution
-
-
-
-
health
-
-
-
2 700
total
-
-
-
10 259
Employee
34 907
-
14 925
-
solidarity contribution
-
-
-
-
social contributions
2 269
-
970
-
income
4 189
-
1 791
-
health
4 713
-
2 015
-
total
11 171
-
4 776
-
Employer
34 907
-
14 925
-
health
3 142
-
1 343
-
social contributions
8 727
-
3 731
-
total
11 869
-
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
23 040
6 230
9 850
10 259
After tax
-3 040
13 770
10 150
9 741
Living cost
23 737
23 737
23 737
23 737
Free-cash
-26 777
-9 967
-13 587
-13 996

Estimated living cost  is ₽23737 per week

₽16488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29583
-₽32526
-₽30803
-₽64780
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 393
regional
-
-
-
156
municipal
-
-
-
101
national
-
-
-
2 900
total
-
-
-
10 550
Employee
84 780
-
20 000
-
municipal
449
-
83
-
national
14 690
-
2 371
-
regional
800
-
127
-
social contributions
28 588
-
9 692
-
total
44 527
-
12 273
-
Employer
84 780
-
20 000
-
total
-
-
-
-
Corporate
-
20 000
-
-
municipal
-
780
-
-
nationa
-
4 801
-
-
total
-
5 581
-
-
Dividends
-
14 419
-
-
withholding
-
3 749
-
-
total
-
3 749
-
-
Income
20 000
20 000
20 000
20 000
Total tax
44 527
9 330
12 273
10 550
After tax
-24 527
10 670
7 727
9 450
Living cost
40 253
40 253
40 253
40 253
Free-cash
-64 780
-29 583
-32 526
-30 803

Estimated living cost  is ₽40253 per week

₽28059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2639
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8936
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8468
-₽9971
-₽9562
-₽18187
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 873
other
-
-
-
-
surtax
-
-
-
-
unemployment
-
-
-
217
health
-
-
-
1 421
pensions
-
-
-
4 001
total
-
-
-
8 512
Employee
31 546
-
16 522
-
other
-
-
-
-
unemployment
2 196
-
1 150
-
pensions
2 104
-
1 102
-
surtax
103
-
-
-
income
5 288
-
2 770
-
health
806
-
422
-
total
10 497
-
5 444
-
Employer
31 546
-
16 522
-
health
1 436
-
751
-
pensions
4 205
-
2 203
-
unemployment
999
-
523
-
other
-
-
-
-
total
6 640
-
3 477
-
Corporate
-
20 000
-
-
income
-
5 199
-
-
total
-
5 199
-
-
Dividends
-
14 801
-
-
withholding
-
2 219
-
-
total
-
2 219
-
-
Income
20 000
20 000
20 000
20 000
Total tax
17 137
7 418
8 921
8 512
After tax
2 863
12 582
11 079
11 488
Living cost
21 050
21 050
21 050
21 050
Free-cash
-18 187
-8 468
-9 971
-9 562

Estimated living cost  is ₽21050 per week

₽12871
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1942
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.
₽5751
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28253
-₽28320
-₽27414
-₽47648
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 956
pensions
-
-
-
219
total
-
-
-
4 175
Employee
60 012
-
18 829
-
pensions
5 094
-
152
-
income
10 808
-
3 731
-
health
871
-
27
-
total
16 773
-
3 910
-
Employer
60 012
-
18 829
-
health
1 140
-
358
-
pensions
6 496
-
813
-
total
7 636
-
1 171
-
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.

-
3 799
-
-
total
-
3 799
-
-
Dividends
-
16 201
-
-
withholding
-
1 215
-
-
total
-
1 215
-
-
Income
20 000
20 000
20 000
20 000
Total tax
24 409
5 014
5 081
4 175
After tax
-4 409
14 986
14 919
15 825
Living cost
43 239
43 239
43 239
43 239
Free-cash
-47 648
-28 253
-28 320
-27 414

Estimated living cost  is ₽43239 per week

₽32394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7151
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽67261
-₽62056
-₽59191
-₽77934
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
400
regional
-
-
-
86
health
-
-
-
249
city
-
-
-
208
national
-
-
-
-
pensions
-
-
-
1 841
total
-
-
-
2 784
Employee
89 415
-
16 915
-
unemployment
-
-
-
-
pensions
7 512
-
2 524
-
national
423
-
-
-
regional
2 928
-
20
-
city
960
-
169
-
health
202
-
37
-
total
12 025
-
2 750
-
Employer
89 415
-
16 915
-
health
202
-
37
-
pensions
7 512
-
2 524
-
unemployment
-
-
-
-
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.

1 788
-
338
-
total
9 502
-
2 899
-
Corporate
-
20 000
-
-
regional
-
4 231
-
-
national
-
1 699
-
-
total
-
5 930
-
-
Dividends
-
14 070
-
-
withholding
-
4 924
-
-
total
-
4 924
-
-
Income
20 000
20 000
20 000
20 000
Total tax
21 527
10 854
5 649
2 784
After tax
-1 527
9 146
14 351
17 216
Living cost
76 407
76 407
76 407
76 407
Free-cash
-77 934
-67 261
-62 056
-59 191

Estimated living cost  is ₽76407 per week

₽49686
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽938
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18925
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽33575
-₽30217
-₽30217
-₽37329
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
-
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.

-
-
-
6 517
trade
-
-
-
-
total
-
-
-
6 517
Employee

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

57 330
-
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.

371
-
-
-
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.

6 741
-
-
-
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.

6 517
-
6 517
-
total
13 629
-
6 517
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
20 000
-
-
income
-
3 000
-
-
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.

-
165
-
-
chamber of commerce
-
174
-
-
trade
-
3 430
-
-
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.

-
161
-
-
withholding
-
2 945
-
-
total
-
3 106
-
-
Income
20 000
20 000
20 000
20 000
Total tax
13 629
9 875
6 517
6 517
After tax
6 371
10 125
13 483
13 483
Living cost
43 700
43 700
43 700
43 700
Free-cash
-37 329
-33 575
-30 217
-30 217

Estimated living cost  is ₽43700 per week

₽31917
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3496
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.
₽7721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22557
-₽19551
-₽20788
-₽33575
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
other
-
-
-
619
surtax
-
-
-
-
social contributions
-
-
-
570
health
-
-
-
255
pensions
-
-
-
6 707
total
-
-
-
8 151
Employee
40 827
-
15 243
-
pensions
4 616
-
1 723
-
surtax
-
-
-
-
social contributions
1 164
-
434
-
income
2 409
-
-
-
total
8 189
-
2 157
-
Employer
40 827
-
15 243
-
health
2 858
-
1 066
-
pensions
6 707
-
2 504
-
unemployment
1 653
-
617
-
social contributions
123
-
45
-
other
1 408
-
525
-
total
12 749
-
4 757
-
Corporate
-
20 000
-
-
income
-
5 599
-
-
surtax
-
-
-
-
total
-
5 599
-
-
Dividends
-
14 401
-
-
surtax
-
-
-
-
social contributions
-
2 478
-
-
withholding
-
1 843
-
-
total
-
4 321
-
-
Income
20 000
20 000
20 000
20 000
Total tax
20 938
9 920
6 914
8 151
After tax
-938
10 080
13 086
11 849
Living cost
32 637
32 637
32 637
32 637
Free-cash
-33 575
-22 557
-19 551
-20 788

Estimated living cost  is ₽32637 per week

₽20579
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.
₽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.
₽8850
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19324
-₽16318
-₽17555
-₽27825
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
other
-
-
-
619
surtax
-
-
-
-
social contributions
-
-
-
570
health
-
-
-
255
pensions
-
-
-
6 707
total
-
-
-
8 151
Employee
36 444
-
15 243
-
pensions
4 122
-
1 723
-
surtax
-
-
-
-
social contributions
1 039
-
434
-
income
1 879
-
-
-
total
7 040
-
2 157
-
Employer
36 444
-
15 243
-
health
2 551
-
1 066
-
pensions
5 988
-
2 504
-
unemployment
1 475
-
617
-
social contributions
109
-
45
-
other
1 258
-
525
-
total
11 381
-
4 757
-
Corporate
-
20 000
-
-
income
-
5 599
-
-
surtax
-
-
-
-
total
-
5 599
-
-
Dividends
-
14 401
-
-
surtax
-
-
-
-
social contributions
-
2 478
-
-
withholding
-
1 843
-
-
total
-
4 321
-
-
Income
20 000
20 000
20 000
20 000
Total tax
18 421
9 920
6 914
8 151
After tax
1 579
10 080
13 086
11 849
Living cost
29 404
29 404
29 404
29 404
Free-cash
-27 825
-19 324
-16 318
-17 555

Estimated living cost  is ₽29404 per week

₽17053
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8807
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8024
-₽9638
-₽7385
-₽14850
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 000
social contributions
-
-
-
2 761
health
-
-
-
1 396
total
-
-
-
7 157
Employee
32 344
-
20 000
-
social contributions
4 464
-
2 761
-
income
5 395
-
5 253
-
health
2 257
-
1 396
-
total
12 116
-
9 410
-
Employer
32 344
-
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%.

-
999
-
-
total
-
999
-
-
Dividends
-
19 001
-
-
social contributions
1 664
2 621
-
-
withholding
-
2 849
-
-
health
842
1 327
-
-
total
2 506
6 797
-
-
Income
20 000
20 000
20 000
20 000
Total tax
14 622
7 796
9 410
7 157
After tax
5 378
12 204
10 590
12 843
Living cost
20 228
20 228
20 228
20 228
Free-cash
-14 850
-8 024
-9 638
-7 385

Estimated living cost  is ₽20228 per week

₽13537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1247
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.
₽4976
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽35334
-₽28907
-₽24962
-₽42484
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
surtax
-
-
-
188
unemployment
-
-
-
5 851
chamber of commerce
-
-
-
80
health
-
-
-
1 530
pensions
-
-
-
3 700
total
-
-
-
11 349
Employee
47 673
38 016
38 016
-
other
476
380
139
-
unemployment
1 430
1 140
420
-
pensions
4 882
3 892
1 436
-
income
5 427
2 804
4 180
-
health
1 845
1 472
543
-
total
14 060
9 688
6 718
-
Employer
47 673
38 016
38 016
-
chamber of commerce
190
152
152
-
health
1 801
1 437
530
-
pensions
5 983
4 772
1 760
-
accident
619
494
183
-
unemployment
1 430
1 140
420
-
surtax
188
188
188
-
payroll
1 430
1 140
1 140
-
other
2 265
1 805
1 602
-
total
13 906
11 128
5 975
-
Corporate
3 621
3 621
10 404
-
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.

905
905
2 601
-
total
905
905
2 601
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
20 000
20 000
20 000
20 000
Total tax
28 871
21 721
15 294
11 349
After tax
-8 871
-1 721
4 706
8 651
Living cost
33 613
33 613
33 613
33 613
Free-cash
-42 484
-35 334
-28 907
-24 962

Estimated living cost  is ₽33613 per week

₽22418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7775
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23291
-₽25489
-₽24453
-₽68099
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
898
social contributions
-
-
-
5 029
national
-
-
-
3 744
total
-
-
-
9 671
Employee

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

68 236
-
15 491
-
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.

594
-
134
-
communal

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

3 559
-
807
-
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.

5 118
-
1 162
-
national
20 978
-
3 367
-
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.

3 206
-
728
-
total
33 455
-
6 198
-
Employer

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

68 236
-
15 491
-
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.

4 196
-
952
-
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.

6 046
-
1 372
-
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.

887
-
203
-
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.

996
-
226
-
surtax
7 737
-
1 756
-
total
19 862
-
4 509
-
Corporate
-
20 000
-
-
income
-
4 001
-
-
surtax
-
80
-
-
total
-
4 081
-
-
Dividends
-
15 920
-
-
withholding

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

-
4 428
-
-
total
-
4 428
-
-
Income
20 000
20 000
20 000
20 000
Total tax
53 317
8 509
10 707
9 671
After tax
-33 317
11 491
9 293
10 329
Living cost
34 782
34 782
34 782
34 782
Free-cash
-68 099
-23 291
-25 489
-24 453

Estimated living cost  is ₽34782 per week

₽22404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3041
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.
₽8792
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20804
-₽28116
-₽23235
-₽42622
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
185
income
-
-
-
2 630
other
-
-
-
20
unemployment
-
-
-
143
pensions
-
-
-
5 806
total
-
-
-
8 784
Employee
47 485
-
9 844
-
other
47
-
33
-
unemployment
737
-
494
-
pensions
2 232
-
1 497
-
income
10 019
-
1 486
-
total
13 035
-
3 510
-
Employer
47 485
-
9 844
-
pensions
11 206
-
7 518
-
accident
940
-
630
-
unemployment
2 612
-
1 752
-
other
378
-
255
-
total
15 136
-
10 155
-
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
-
3 353
-
-
total
-
3 353
-
-
Income
20 000
20 000
20 000
20 000
Total tax
28 171
6 353
13 665
8 784
After tax
-8 171
13 647
6 335
11 216
Living cost
34 451
34 451
34 451
34 451
Free-cash
-42 622
-20 804
-28 116
-23 235

Estimated living cost  is ₽34451 per week

₽25369
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽38157
-₽43542
-₽43541
-₽60871
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
-
accident
-
-
-
409
income
-
-
-
-
surtax
-
-
-
625
health
-
-
-
3 403
pensions
-
-
-
7 263
total
-
-
-
11 700
Employee
72 241
-
14 575
-
pensions
5 778
-
3 631
-
surtax
4 428
-
625
-
income
6 978
-
-
-
health
3 215
-
2 020
-
total
20 399
-
6 276
-
Employer
72 241
-
14 575
-
health
2 203
-
1 385
-
pensions
5 778
-
3 631
-
accident
650
-
409
-
total
8 631
-
5 425
-
Corporate
-
20 000
-
-
communal
-
-
-
-
income
-
3 000
-
-
surtax
-
210
-
-
total
-
3 210
-
-
Dividends
-
16 790
-
-
income
-
588
-
-
withholding
-
2 518
-
-
total
-
3 106
-
-
Income
20 000
20 000
20 000
20 000
Total tax
29 030
6 316
11 701
11 700
After tax
-9 030
13 684
8 299
8 300
Living cost
51 841
51 841
51 841
51 841
Free-cash
-60 871
-38 157
-43 542
-43 541

Estimated living cost  is ₽51841 per week

₽38888
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3141
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8844
-₽10347
-₽9938
-₽18888
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 873
other
-
-
-
-
surtax
-
-
-
-
unemployment
-
-
-
217
health
-
-
-
1 421
pensions
-
-
-
4 001
total
-
-
-
8 512
Employee
32 125
-
16 522
-
other
-
-
-
-
unemployment
2 236
-
1 150
-
pensions
2 143
-
1 102
-
surtax
114
-
-
-
income
5 386
-
2 770
-
health
820
-
422
-
total
10 699
-
5 444
-
Employer
32 125
-
16 522
-
health
1 461
-
751
-
pensions
4 283
-
2 203
-
unemployment
1 019
-
523
-
other
-
-
-
-
total
6 763
-
3 477
-
Corporate
-
20 000
-
-
income
-
5 199
-
-
total
-
5 199
-
-
Dividends
-
14 801
-
-
withholding
-
2 219
-
-
total
-
2 219
-
-
Income
20 000
20 000
20 000
20 000
Total tax
17 462
7 418
8 921
8 512
After tax
2 538
12 582
11 079
11 488
Living cost
21 426
21 426
21 426
21 426
Free-cash
-18 888
-8 844
-10 347
-9 938

Estimated living cost  is ₽21426 per week

₽12936
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1863
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.
₽6131
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15185
-₽18053
-₽16346
-₽32917
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 393
regional
-
-
-
255
municipal
-
-
-
101
national
-
-
-
2 900
total
-
-
-
10 649
Employee
52 916
-
20 000
-
municipal
281
-
83
-
national
8 383
-
2 371
-
regional
712
-
210
-
social contributions
17 844
-
9 692
-
total
27 220
-
12 356
-
Employer
52 916
-
20 000
-
total
-
-
-
-
Corporate
-
20 000
-
-
municipal
-
994
-
-
nationa
-
4 801
-
-
total
-
5 795
-
-
Dividends
-
14 205
-
-
withholding
-
3 693
-
-
total
-
3 693
-
-
Income
20 000
20 000
20 000
20 000
Total tax
27 220
9 488
12 356
10 649
After tax
-7 220
10 512
7 644
9 351
Living cost
25 697
25 697
25 697
25 697
Free-cash
-32 917
-15 185
-18 053
-16 346

Estimated living cost  is ₽25697 per week

₽15981
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6673
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15480
-₽19100
-₽19509
-₽37640
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 719
social contributions
-
-
-
5 840
solidarity contribution
-
-
-
-
health
-
-
-
2 700
total
-
-
-
10 259
Employee
43 015
-
14 925
-
solidarity contribution
-
-
-
-
social contributions
2 796
-
970
-
income
5 162
-
1 791
-
health
5 807
-
2 015
-
total
13 765
-
4 776
-
Employer
43 015
-
14 925
-
health
3 871
-
1 343
-
social contributions
10 754
-
3 731
-
total
14 625
-
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
28 390
6 230
9 850
10 259
After tax
-8 390
13 770
10 150
9 741
Living cost
29 250
29 250
29 250
29 250
Free-cash
-37 640
-15 480
-19 100
-19 509

Estimated living cost  is ₽29250 per week

₽21752
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1620
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.
₽5371
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31967
-₽25632
-₽21595
-₽34605
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
surtax
-
-
-
-
unemployment
-
-
-
5 851
chamber of commerce
-
-
-
80
health
-
-
-
1 530
pensions
-
-
-
3 700
total
-
-
-
11 161
Employee
41 699
38 016
38 016
-
other
416
380
141
-
unemployment
1 251
1 140
425
-
pensions
4 270
3 892
1 452
-
income
3 715
2 804
4 171
-
health
1 613
1 472
549
-
total
11 265
9 688
6 738
-
Employer
41 699
38 016
38 016
-
chamber of commerce
167
152
152
-
health
1 577
1 437
536
-
pensions
5 234
4 772
1 779
-
accident
541
494
185
-
unemployment
1 251
1 140
425
-
surtax
-
-
-
-
payroll
1 251
1 140
1 140
-
other
1 980
1 805
1 604
-
total
12 001
10 940
5 821
-
Corporate
3 621
3 621
10 558
-
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.

905
905
2 639
-
total
905
905
2 639
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
20 000
20 000
20 000
20 000
Total tax
24 171
21 533
15 198
11 161
After tax
-4 171
-1 533
4 802
8 839
Living cost
30 434
30 434
30 434
30 434
Free-cash
-34 605
-31 967
-25 632
-21 595

Estimated living cost  is ₽30434 per week

₽18257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3108
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8526
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6858
₽3858
₽7658
₽4581
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 178
-
20 000
-
income
3 036
-
4 000
-
total
3 036
-
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%.

4 822
20 000
-
-
total
-
-
-
-
Dividends
4 822
20 000
-
-
withholding
241
1 000
-
-
total
241
1 000
-
-
Income
20 000
20 000
20 000
20 000
Total tax
3 277
1 000
4 000
200
After tax
16 723
19 000
16 000
19 800
Living cost
12 142
12 142
12 142
12 142
Free-cash
4 581
6 858
3 858
7 658

Estimated living cost  is ₽12142 per week

₽8217
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3008
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11816
-₽14264
-₽13536
-₽28752
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
2 295
unemployment
-
-
-
31
health
-
-
-
1 970
pensions
-
-
-
3 653
total
-
-
-
7 949
Employee

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

42 183
-
17 305
-
unemployment
60
-
24
-
pensions
6 539
-
2 683
-
income
7 274
-
2 156
-
health
2 724
-
1 119
-
total
16 597
-
5 982
-
Employer

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

42 183
-
17 305
-
health
2 810
-
1 153
-
pensions
3 733
-
1 531
-
unemployment
25
-
11
-
total
6 568
-
2 695
-
Corporate
-
20 000
-
-
income
-
3 800
-
-
total
-
3 800
-
-
Dividends
-
16 200
-
-
withholding
-
2 429
-
-
total
-
2 429
-
-
Income
20 000
20 000
20 000
20 000
Total tax
23 165
6 229
8 677
7 949
After tax
-3 165
13 771
11 323
12 051
Living cost
25 587
25 587
25 587
25 587
Free-cash
-28 752
-11 816
-14 264
-13 536

Estimated living cost  is ₽25587 per week

₽17560
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.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29198
-₽35603
-₽27544
-₽122944
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 898
social contributions
-
-
-
2 280
total
-
-
-
6 178
Employee
59 313
-
8 081
-
social contributions
4 864
-
693
-
income
13 083
-
1 625
-
total
17 947
-
2 318
-
Employer
59 313
-
8 081
-
social contributions
83 631
-
11 919
-
total
83 631
-
11 919
-
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
101 578
7 832
14 237
6 178
After tax
-81 578
12 168
5 763
13 822
Living cost
41 366
41 366
41 366
41 366
Free-cash
-122 944
-29 198
-35 603
-27 544

Estimated living cost  is ₽41366 per week

₽26840
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10108
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18546
-₽17756
-₽18040
-₽34294
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
1 168
surtax
-
-
-
-
social contributions

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

-
-
-
6 950
total
-
-
-
8 118
Employee
43 874
-
16 162
-
surtax
-
-
-
-
social contributions
4 826
-
1 778
-
income
9 126
-
2 218
-
total
13 952
-
3 996
-
Employer
43 874
-
16 162
-
social contributions
10 420
-
3 838
-
total
10 420
-
3 838
-
Corporate
-
20 000
-
-
income
-
4 200
-
-
surtax
-
-
-
-
total
-
4 200
-
-
Dividends
-
15 800
-
-
withholding
-
4 424
-
-
total
-
4 424
-
-
Income
20 000
20 000
20 000
20 000
Total tax
24 372
8 624
7 834
8 118
After tax
-4 372
11 376
12 166
11 882
Living cost
29 922
29 922
29 922
29 922
Free-cash
-34 294
-18 546
-17 756
-18 040

Estimated living cost  is ₽29922 per week

₽22388
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽35994
-₽32988
-₽34225
-₽58407
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
other
-
-
-
619
surtax
-
-
-
-
social contributions
-
-
-
570
health
-
-
-
255
pensions
-
-
-
6 707
total
-
-
-
8 151
Employee
59 747
-
15 243
-
pensions
6 758
-
1 723
-
surtax
-
-
-
-
social contributions
1 702
-
434
-
income
5 213
-
-
-
total
13 673
-
2 157
-
Employer
59 747
-
15 243
-
health
4 182
-
1 066
-
pensions
9 817
-
2 504
-
unemployment
2 420
-
617
-
social contributions
179
-
45
-
other
2 062
-
525
-
total
18 660
-
4 757
-
Corporate
-
20 000
-
-
income
-
5 599
-
-
surtax
-
-
-
-
total
-
5 599
-
-
Dividends
-
14 401
-
-
surtax
-
-
-
-
social contributions
-
2 478
-
-
withholding
-
1 843
-
-
total
-
4 321
-
-
Income
20 000
20 000
20 000
20 000
Total tax
32 333
9 920
6 914
8 151
After tax
-12 333
10 080
13 086
11 849
Living cost
46 074
46 074
46 074
46 074
Free-cash
-58 407
-35 994
-32 988
-34 225

Estimated living cost  is ₽46074 per week

₽31182
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽632
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10491
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10675
-₽12486
-₽13076
-₽15422
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 401
total
-
-
-
4 401
Employee
30 668
-
17 315
-
income
-
-
-
-
social contributions
1 993
-
1 126
-
total
1 993
-
1 126
-
Employer
30 668
-
17 315
-
social contributions
4 754
-
2 685
-
total
4 754
-
2 685
-
Corporate
-
20 000
-
-
income
-
2 000
-
-
total
-
2 000
-
-
Dividends
-
18 000
-
-
total
-
-
-
-
Income
20 000
20 000
20 000
20 000
Total tax
6 747
2 000
3 811
4 401
After tax
13 253
18 000
16 189
15 599
Living cost
28 675
28 675
28 675
28 675
Free-cash
-15 422
-10 675
-12 486
-13 076

Estimated living cost  is ₽28675 per week

₽18541
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7433
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽187652
-₽187652
-₽30682
-₽187652
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 534
municipal
-
-
-
1 449
national
-
-
-
973
pensions
-
-
-
826
total
-
-
-
4 782
Employee
193 732
193 732
193 732
-
municipal
41 254
41 254
41 254
-
labour market
15 476
15 476
15 476
-
pensions
275
275
275
-
national
23 668
23 668
23 668
-
total
80 673
80 673
80 673
-
Employer
193 732
193 732
193 732
-
national
23 709
23 709
23 709
-
labour market
15 499
15 499
15 499
-
pensions
551
551
551
-
municipal
41 320
41 320
41 320
-
total
81 079
81 079
81 079
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
20 000
20 000
20 000
20 000
Total tax
161 752
161 752
161 752
4 782
After tax
-141 752
-141 752
-141 752
15 218
Living cost
45 900
45 900
45 900
45 900
Free-cash
-187 652
-187 652
-187 652
-30 682

Estimated living cost  is ₽45900 per week

₽31414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4060
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽706
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9719
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19397
-₽10455
-₽10121
-₽19800
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
245
income
-
-
-
2 351
other
-
-
-
359
health
-
-
-
2 115
pensions
-
-
-
4 034
total
-
-
-
9 104
Employee
33 061
-
16 614
-
pensions
3 723
-
1 871
-
income
4 536
-
2 279
-
health
3 786
-
1 903
-
total
12 045
-
6 053
-
Employer
33 061
-
16 614
-
pensions
5 376
-
2 701
-
accident
552
-
277
-
unemployment
810
-
407
-
total
6 738
-
3 385
-
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
18 783
18 380
9 438
9 104
After tax
1 217
1 620
10 562
10 896
Living cost
21 017
21 017
21 017
21 017
Free-cash
-19 800
-19 397
-10 455
-10 121

Estimated living cost  is ₽21017 per week

₽15298
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1198
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽394
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22785
-₽23965
-₽20225
-₽39658
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
municipal
-
-
-
3 601
national
-
-
-
-
total
-
-
-
3 601
Employee
50 189
-
16 825
-
municipal
8 220
-
2 779
-
unemployment
753
-
252
-
pensions
3 387
-
1 135
-
national
829
-
-
-
health
375
-
-
-
total
13 564
-
4 166
-
Employer
50 189
-
16 825
-
health
386
-
130
-
pensions
8 707
-
2 920
-
accident
51
-
16
-
unemployment
326
-
109
-
total
9 470
-
3 175
-
Corporate
-
20 000
-
-
income
-
4 001
-
-
total
-
4 001
-
-
Dividends

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

-
11 999
-
-
municipal
-
2 160
-
-
national
-
-
-
-
total
-
2 160
-
-
Income
20 000
20 000
20 000
20 000
Total tax
23 034
6 161
7 341
3 601
After tax
-3 034
13 839
12 659
16 399
Living cost
36 624
36 624
36 624
36 624
Free-cash
-39 658
-22 785
-23 965
-20 225

Estimated living cost  is ₽36624 per week

₽23923
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23657
-₽15318
-₽8668
-₽16804
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 264
income
-
-
-
-
social contributions
-
-
-
5 657
health
-
-
-
925
total
-
-
-
6 582
Employee
73 353
73 353
73 353
-
social contributions
2 773
6 088
2 053
-
income
7 987
6 790
8 248
-
health
568
1 247
420
-
total
11 328
14 125
10 721
-
Employer
73 353
73 353
73 353
-
health
617
1 358
458
-
social contributions
2 773
6 088
2 053
-
total
3 390
7 446
2 511
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
20 000
20 000
20 000
20 000
Total tax
14 718
21 571
13 232
6 582
After tax
5 282
-1 571
6 768
13 418
Living cost
22 086
22 086
22 086
22 086
Free-cash
-16 804
-23 657
-15 318
-8 668

Estimated living cost  is ₽22086 per week

₽13237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2167
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1417
-₽2605
-₽5634
-₽4151
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
941
unemployment
-
-
-
27
health
-
-
-
3 452
pensions
-
-
-
6 068
total
-
-
-
10 488
Employee

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

21 896
-
18 132
-
unemployment
109
-
91
-
pensions
3 284
-
2 719
-
income
1 497
-
1 240
-
health
1 861
-
1 541
-
total
6 751
-
5 591
-
Employer

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

21 896
-
18 132
-
health
941
-
780
-
pensions
1 204
-
997
-
unemployment
109
-
91
-
total
2 254
-
1 868
-
Corporate
-
20 000
-
-
income
-
1 799
-
-
total
-
1 799
-
-
Dividends
-
18 201
-
-
withholding
-
1 638
-
-
total
-
1 638
-
-
Income
20 000
20 000
20 000
20 000
Total tax
9 005
3 437
7 459
10 488
After tax
10 995
16 563
12 541
9 512
Living cost
15 146
15 146
15 146
15 146
Free-cash
-4 151
1 417
-2 605
-5 634

Estimated living cost  is ₽15146 per week

₽9663
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1092
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3939
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12585
-₽19897
-₽15016
-₽26517
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
185
income
-
-
-
2 630
other
-
-
-
20
unemployment
-
-
-
143
pensions
-
-
-
5 806
total
-
-
-
8 784
Employee
35 273
-
9 844
-
other
34
-
33
-
unemployment
547
-
494
-
pensions
1 658
-
1 497
-
income
6 800
-
1 486
-
total
9 039
-
3 510
-
Employer
35 273
-
9 844
-
pensions
8 324
-
7 518
-
accident
699
-
630
-
unemployment
1 941
-
1 752
-
other
282
-
255
-
total
11 246
-
10 155
-
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
-
3 353
-
-
total
-
3 353
-
-
Income
20 000
20 000
20 000
20 000
Total tax
20 285
6 353
13 665
8 784
After tax
-285
13 647
6 335
11 216
Living cost
26 232
26 232
26 232
26 232
Free-cash
-26 517
-12 585
-19 897
-15 016

Estimated living cost  is ₽26232 per week

₽17706
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2522
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.
₽5545
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10624
₽9922
₽10054
₽10319
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 754
health
-
-
-
982
pensions
-
-
-
1 354
total
-
-
-
8 090
Employee
2 827
-
18 477
-
unemployment
28
-
68
-
pensions
254
-
609
-
income
547
-
5 683
-
health
141
-
339
-
total
970
-
6 699
-
Employer
2 827
-
18 477
-
health
269
-
643
-
pensions
311
-
745
-
unemployment
57
-
135
-
total
637
-
1 523
-
Corporate
16 536
20 000
-
-
income
3 638
4 400
-
-
total
3 638
4 400
-
-
Dividends
12 898
15 600
-
-
withholding
2 580
3 120
-
-
total
2 580
3 120
-
-
Income
20 000
20 000
20 000
20 000
Total tax
7 825
7 520
8 222
8 090
After tax
12 175
12 480
11 778
11 910
Living cost
1 856
1 856
1 856
1 856
Free-cash
10 319
10 624
9 922
10 054

Estimated living cost  is ₽1856 per week

₽1103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2045
-₽4753
-₽5613
-₽9327
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
1 558
unemployment
-
-
-
300
health
-
-
-
2 060
pensions
-
-
-
5 200
total
-
-
-
9 118
Employee

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

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

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

24 873
-
16 964
-
unemployment
187
-
127
-
pensions
3 482
-
2 375
-
income
3 429
-
1 845
-
health
1 281
-
874
-
total
8 379
-
5 221
-
Employer

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

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

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

24 873
-
16 964
-
health
1 281
-
874
-
pensions
2 985
-
2 036
-
unemployment
187
-
127
-
total
4 453
-
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
12 832
5 550
8 258
9 118
After tax
7 168
14 450
11 742
10 882
Living cost
16 495
16 495
16 495
16 495
Free-cash
-9 327
-2 045
-4 753
-5 613

Estimated living cost  is ₽16495 per week

₽11106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1276
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3636
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14341
-₽13551
-₽13835
-₽25816
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
1 168
surtax
-
-
-
-
social contributions

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

-
-
-
6 950
total
-
-
-
8 118
Employee
37 024
-
16 162
-
surtax
-
-
-
-
social contributions
4 073
-
1 778
-
income
7 234
-
2 218
-
total
11 307
-
3 996
-
Employer
37 024
-
16 162
-
social contributions
8 792
-
3 838
-
total
8 792
-
3 838
-
Corporate
-
20 000
-
-
income
-
4 200
-
-
surtax
-
-
-
-
total
-
4 200
-
-
Dividends
-
15 800
-
-
withholding
-
4 424
-
-
total
-
4 424
-
-
Income
20 000
20 000
20 000
20 000
Total tax
20 099
8 624
7 834
8 118
After tax
-99
11 376
12 166
11 882
Living cost
25 717
25 717
25 717
25 717
Free-cash
-25 816
-14 341
-13 551
-13 835

Estimated living cost  is ₽25717 per week

₽18215
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1787
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19879
-₽27191
-₽22310
-₽40760
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
185
income
-
-
-
2 630
other
-
-
-
20
unemployment
-
-
-
143
pensions
-
-
-
5 806
total
-
-
-
8 784
Employee
46 071
-
9 844
-
other
45
-
33
-
unemployment
713
-
494
-
pensions
2 165
-
1 497
-
income
9 623
-
1 486
-
total
12 546
-
3 510
-
Employer
46 071
-
9 844
-
pensions
10 873
-
7 518
-
accident
912
-
630
-
unemployment
2 534
-
1 752
-
other
369
-
255
-
total
14 688
-
10 155
-
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
-
3 353
-
-
total
-
3 353
-
-
Income
20 000
20 000
20 000
20 000
Total tax
27 234
6 353
13 665
8 784
After tax
-7 234
13 647
6 335
11 216
Living cost
33 526
33 526
33 526
33 526
Free-cash
-40 760
-19 879
-27 191
-22 310

Estimated living cost  is ₽33526 per week

₽24077
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2607
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.
₽6370
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽689
-₽3783
-₽4751
-₽5996
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 000
unemployment
-
-
-
80
health
-
-
-
2 300
pensions

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

-
-
-
2 960
total
-
-
-
8 340
Employee
21 731
-
16 719
-
accident

We are using the highest rate at 1.1%.

239
-
184
-
pensions

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

1 908
-
1 468
-
income
2 173
-
1 672
-
health
1 000
-
769
-
total
5 320
-
4 093
-
Employer
21 731
-
16 719
-
health
1 500
-
1 153
-
pensions

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

2 395
-
1 842
-
accident

We are using the highest rate at 1.1%.

239
-
184
-
unemployment
131
-
100
-
total
4 265
-
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
9 585
2 900
7 372
8 340
After tax
10 415
17 100
12 628
11 660
Living cost
16 411
16 411
16 411
16 411
Free-cash
-5 996
689
-3 783
-4 751

Estimated living cost  is ₽16411 per week

₽10854
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽392
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26294
-₽23346
-₽23346
-₽27464
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
-
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.

-
-
-
6 517
trade
-
-
-
-
total
-
-
-
6 517
Employee

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

47 464
-
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.

215
-
-
-
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.

3 903
-
-
-
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.

6 517
-
6 517
-
total
10 635
-
6 517
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
20 000
-
-
income
-
3 000
-
-
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.

-
165
-
-
chamber of commerce
-
174
-
-
trade
-
2 869
-
-
total
-
6 208
-
-
Dividends
-
13 793
-
-
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
-
3 087
-
-
total
-
3 257
-
-
Income
20 000
20 000
20 000
20 000
Total tax
10 635
9 465
6 517
6 517
After tax
9 365
10 535
13 483
13 483
Living cost
36 829
36 829
36 829
36 829
Free-cash
-27 464
-26 294
-23 346
-23 346

Estimated living cost  is ₽36829 per week

₽25405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3963
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6926
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽40339
-₽35792
-₽35792
-₽54619
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 014
social contributions
-
-
-
438
total
-
-
-
1 452
Employee
74 619
-
20 000
-
income
14 080
-
1 014
-
social contributions
6 199
-
438
-
total
20 279
-
1 452
-
Employer
74 619
-
20 000
-
total
-
-
-
-
Corporate
-
20 000
-
-
income
-
2 500
-
-
total
-
2 500
-
-
Dividends
-
17 500
-
-
withholding
-
3 499
-
-
total
-
3 499
-
-
Income
20 000
20 000
20 000
20 000
Total tax
20 279
5 999
1 452
1 452
After tax
-279
14 001
18 548
18 548
Living cost
54 340
54 340
54 340
54 340
Free-cash
-54 619
-40 339
-35 792
-35 792

Estimated living cost  is ₽54340 per week

₽41341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4428
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24476
-₽18270
-₽47631
-₽30992
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 154
health

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

-
-
-
5 849
total
-
-
-
33 003
Employee
43 761
-
18 179
-
income
4 748
-
-
-
social contributions
4 384
-
1 821
-
total
9 132
-
1 821
-
Employer
43 761
-
18 179
-
social contributions
4 384
-
1 821
-
total
4 384
-
1 821
-
Corporate
-
20 000
-
-
income
-
7 000
-
-
total
-
7 000
-
-
Dividends
-
13 000
-
-
social contributions
2 848
2 848
-
-
total
2 848
2 848
-
-
Income
20 000
20 000
20 000
20 000
Total tax
16 364
9 848
3 642
33 003
After tax
3 636
10 152
16 358
-13 003
Living cost
34 628
34 628
34 628
34 628
Free-cash
-30 992
-24 476
-18 270
-47 631

Estimated living cost  is ₽34628 per week

₽22809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2730
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.
₽8557
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20166
-₽20233
-₽19327
-₽34043
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 956
pensions
-
-
-
219
total
-
-
-
4 175
Employee
48 251
-
18 829
-
pensions
3 683
-
152
-
income
8 787
-
3 731
-
health
629
-
27
-
total
13 099
-
3 910
-
Employer
48 251
-
18 829
-
health
917
-
358
-
pensions
4 875
-
813
-
total
5 792
-
1 171
-
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.

-
3 799
-
-
total
-
3 799
-
-
Dividends
-
16 201
-
-
withholding
-
1 215
-
-
total
-
1 215
-
-
Income
20 000
20 000
20 000
20 000
Total tax
18 891
5 014
5 081
4 175
After tax
1 109
14 986
14 919
15 825
Living cost
35 152
35 152
35 152
35 152
Free-cash
-34 043
-20 166
-20 233
-19 327

Estimated living cost  is ₽35152 per week

₽24114
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3233
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽21477
-₽12535
-₽12201
-₽23738
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
245
income
-
-
-
2 351
other
-
-
-
359
health
-
-
-
2 115
pensions
-
-
-
4 034
total
-
-
-
9 104
Employee
36 333
-
16 614
-
pensions
4 091
-
1 871
-
income
4 985
-
2 279
-
health
4 160
-
1 903
-
total
13 236
-
6 053
-
Employer
36 333
-
16 614
-
pensions
5 908
-
2 701
-
accident
607
-
277
-
unemployment
890
-
407
-
total
7 405
-
3 385
-
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
20 641
18 380
9 438
9 104
After tax
-641
1 620
10 562
10 896
Living cost
23 097
23 097
23 097
23 097
Free-cash
-23 738
-21 477
-12 535
-12 201

Estimated living cost  is ₽23097 per week

₽16951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1346
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.
₽4335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4130
-₽370
-₽370
-₽592
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
240
work injury
-
-
-
100
health insurance
-
-
-
1 480
pensions
-
-
-
3 680
total
-
-
-
7 500
Employee

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

20 592
-
20 000
-
health insurance
1 524
-
1 480
-
unemployment
247
-
240
-
work injury
103
-
100
-
pensions
3 789
-
3 680
-
income
2 059
-
2 000
-
total
7 722
-
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
7 722
3 000
7 500
7 500
After tax
12 278
17 000
12 500
12 500
Living cost
12 870
12 870
12 870
12 870
Free-cash
-592
4 130
-370
-370

Estimated living cost  is ₽12870 per week

₽7973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽935
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
Rome , Italy
-₽27469
-₽30337
-₽28627
-₽60386
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 393
regional
-
-
-
217
municipal
-
-
-
114
national
-
-
-
2 900
total
-
-
-
10 624
Employee
80 385
-
20 000
-
municipal
480
-
92
-
national
13 584
-
2 371
-
regional
1 214
-
179
-
social contributions
27 105
-
9 692
-
total
42 383
-
12 334
-
Employer
80 385
-
20 000
-
total
-
-
-
-
Corporate
-
20 000
-
-
municipal
-
965
-
-
nationa
-
4 801
-
-
total
-
5 766
-
-
Dividends
-
14 234
-
-
withholding
-
3 700
-
-
total
-
3 700
-
-
Income
20 000
20 000
20 000
20 000
Total tax
42 383
9 466
12 334
10 624
After tax
-22 383
10 534
7 666
9 376
Living cost
38 003
38 003
38 003
38 003
Free-cash
-60 386
-27 469
-30 337
-28 627

Estimated living cost  is ₽38003 per week

₽26694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2614
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8119
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close