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
₽ 21000
per

Your estimated
City
free-cash

Dresden , Germany
-₽19615
-₽16334
-₽16334
-₽17468
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
21 000
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.

-
-
-
6 871
trade
-
-
-
-
total
-
-
-
6 871
Employee

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

38 468
-
21 000
-
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.

59
-
-
-
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.

1 075
-
-
-
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.

6 871
-
6 871
-
total
8 005
-
6 871
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
21 000
-
-
income
-
3 149
-
-
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.

-
174
-
-
chamber of commerce
-
183
-
-
trade
-
3 308
-
-
total
-
6 814
-
-
Dividends
-
14 186
-
-
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.

-
174
-
-
withholding
-
3 164
-
-
total
-
3 338
-
-
Income
21 000
21 000
21 000
21 000
Total tax
8 005
10 152
6 871
6 871
After tax
12 995
10 848
14 129
14 129
Living cost
30 463
30 463
30 463
30 463
Free-cash
-17 468
-19 615
-16 334
-16 334

Estimated living cost  is ₽30463 per week

₽19162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽40307
-₽37884
-₽38050
-₽69311
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
21 000
social contributions
-
-
-
226
municipal
-
-
-
1 135
national
-
-
-
1 758
pensions
-
-
-
2 520
total
-
-
-
5 639
Employee
82 797
-
18 154
-
municipal
10 227
-
1 216
-
pensions
3 312
-
726
-
national
15 847
-
1 884
-
total
29 386
-
3 826
-
Employer
82 797
-
18 154
-
pensions
6 624
-
1 452
-
social contributions
890
-
195
-
total
7 514
-
1 647
-
Corporate
-
21 000
-
-
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%.

-
4 200
-
-
total
-
4 200
-
-
Dividends
-
16 800
-
-
withholding
-
3 696
-
-
total
-
3 696
-
-
Income
21 000
21 000
21 000
21 000
Total tax
36 900
7 896
5 473
5 639
After tax
-15 900
13 104
15 527
15 361
Living cost
53 411
53 411
53 411
53 411
Free-cash
-69 311
-40 307
-37 884
-38 050

Estimated living cost  is ₽53411 per week

₽36303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽799
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4125
-₽8874
-₽6239
-₽15467
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
21 000
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.

-
-
-
3 166
microenterprise
-
-
-
3 149
total
-
-
-
6 315
Employee
29 388
-
16 923
-
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.

3 233
-
1 861
-
income
5 231
-
3 012
-
total
8 464
-
4 873
-
Employer
29 388
-
16 923
-
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.

7 079
-
4 077
-
surtax
-
-
-
-
total
7 079
-
4 077
-
Corporate
-
21 000
-
-
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%.

-
4 201
-
-
total
-
4 201
-
-
Dividends

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

-
16 799
-
-
total
-
-
-
-
Income
21 000
21 000
21 000
21 000
Total tax
15 543
4 201
8 950
6 315
After tax
5 457
16 799
12 050
14 685
Living cost
20 924
20 924
20 924
20 924
Free-cash
-15 467
-4 125
-8 874
-6 239

Estimated living cost  is ₽20924 per week

₽13349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽73227
-₽78873
-₽30027
-₽78873
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
21 000
income
-
-
-
1 890
health
-
-
-
3 224
pensions
-
-
-
3 781
total
-
-
-
8 895
Employee
85 887
85 887
85 887
-
pensions
15 460
11 784
15 460
-
income

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

14 058
14 058
14 058
-
health
13 183
11 213
13 183
-
total
42 701
37 055
42 701
-
Employer
85 887
85 887
85 887
-
health
5 970
5 970
5 970
-
pensions
5 978
5 978
5 978
-
unemployment
3 092
3 092
3 092
-
total
15 040
15 040
15 040
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
21 000
21 000
21 000
21 000
Total tax
57 741
52 095
57 741
8 895
After tax
-36 741
-31 095
-36 741
12 105
Living cost
42 132
42 132
42 132
42 132
Free-cash
-78 873
-73 227
-78 873
-30 027

Estimated living cost  is ₽42132 per week

₽29858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽670
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29740
-₽29992
-₽30737
-₽56163
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
21 000
accident
-
-
-
42
other
-
-
-
2 440
unemployment
-
-
-
21
health
-
-
-
1 310
municipal
-
-
-
4 448
national
-
-
-
-
pensions
-
-
-
2 270
total
-
-
-
10 531
Employee
58 715
-
15 979
-
municipal
17 509
-
4 765
-
national
-
-
-
-
total
17 509
-
4 765
-
Employer
58 715
-
15 979
-
health
3 611
-
983
-
pensions
6 347
-
1 727
-
accident
117
-
32
-
unemployment
1 550
-
422
-
other
6 823
-
1 857
-
total
18 448
-
5 021
-
Corporate
-
21 000
-
-
income
-
4 620
-
-
total
-
4 620
-
-
Dividends
-
16 380
-
-
withholding
-
4 914
-
-
total
-
4 914
-
-
Income
21 000
21 000
21 000
21 000
Total tax
35 957
9 534
9 786
10 531
After tax
-14 957
11 466
11 214
10 469
Living cost
41 206
41 206
41 206
41 206
Free-cash
-56 163
-29 740
-29 992
-30 737

Estimated living cost  is ₽41206 per week

₽27310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4043
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽626
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28771
-₽25381
-₽25381
-₽30003
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
21 000
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.

-
-
-
6 871
trade
-
-
-
-
total
-
-
-
6 871
Employee

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

51 004
-
21 000
-
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.

240
-
-
-
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.

4 382
-
-
-
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.

6 871
-
6 871
-
total
11 493
-
6 871
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
21 000
-
-
income
-
3 149
-
-
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.

-
174
-
-
chamber of commerce
-
183
-
-
trade
-
3 455
-
-
total
-
6 961
-
-
Dividends
-
14 039
-
-
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.

-
172
-
-
withholding
-
3 128
-
-
total
-
3 300
-
-
Income
21 000
21 000
21 000
21 000
Total tax
11 493
10 261
6 871
6 871
After tax
9 507
10 739
14 129
14 129
Living cost
39 510
39 510
39 510
39 510
Free-cash
-30 003
-28 771
-25 381
-25 381

Estimated living cost  is ₽39510 per week

₽26424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽34364
-₽25571
-₽18560
-₽28865
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 234
income
-
-
-
-
social contributions
-
-
-
5 964
health
-
-
-
975
total
-
-
-
6 939
Employee
77 337
77 337
77 337
-
social contributions
3 758
6 419
2 164
-
income
8 121
7 159
8 696
-
health
769
1 315
443
-
total
12 648
14 893
11 303
-
Employer
77 337
77 337
77 337
-
health
838
1 431
483
-
social contributions
3 758
6 419
2 164
-
total
4 596
7 850
2 647
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
21 000
21 000
21 000
21 000
Total tax
17 244
22 743
13 950
6 939
After tax
3 756
-1 743
7 050
14 061
Living cost
32 621
32 621
32 621
32 621
Free-cash
-28 865
-34 364
-25 571
-18 560

Estimated living cost  is ₽32621 per week

₽22300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2548
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6327
-₽6281
-₽3907
-₽10836
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
21 000
income
-
-
-
2 567
unemployment
-
-
-
315
health
-
-
-
1 470
pensions
-
-
-
2 100
total
-
-
-
6 452
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.

26 641
10 603
17 573
-
unemployment
400
159
264
-
pensions
2 664
1 060
1 757
-
income
3 257
1 296
2 148
-
health
1 865
742
1 230
-
total
8 186
3 257
5 399
-
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.

26 641
10 603
17 573
-
pensions
5 195
2 068
3 427
-
total
5 195
2 068
3 427
-
Corporate
-
8 330
-
-
income
-
750
-
-
total
-
750
-
-
Dividends
-
7 580
-
-
social contributions
-
1 357
-
-
withholding
-
1 440
-
-
total
-
2 797
-
-
Income
21 000
21 000
21 000
21 000
Total tax
13 381
8 872
8 826
6 452
After tax
7 619
12 128
12 174
14 548
Living cost
18 455
18 455
18 455
18 455
Free-cash
-10 836
-6 327
-6 281
-3 907

Estimated living cost  is ₽18455 per week

₽12594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
-₽7494
-₽9898
-₽10746
-₽17176
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
21 000
income
-
-
-
525
health
-
-
-
2 729
pensions
-
-
-
4 199
total
-
-
-
7 453
Employee
28 531
-
15 694
-
unemployment
456
-
252
-
pensions
571
-
313
-
income
3 212
-
735
-
total
4 239
-
1 300
-
Employer
28 531
-
15 694
-
health
3 708
-
2 040
-
pensions
5 707
-
3 140
-
unemployment
229
-
126
-
total
9 644
-
5 306
-
Corporate
-
21 000
-
-
income
-
4 201
-
-
total
-
4 201
-
-
Dividends
-
16 799
-
-
total
-
-
-
-
Income
21 000
21 000
21 000
21 000
Total tax
13 883
4 201
6 606
7 453
After tax
7 117
16 799
14 394
13 547
Living cost
24 292
24 292
24 292
24 292
Free-cash
-17 176
-7 494
-9 898
-10 746

Estimated living cost  is ₽24292 per week

₽16662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1447
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.
₽5695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20699
-₽11311
-₽10960
-₽21418
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
21 000
accident
-
-
-
257
income
-
-
-
2 469
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
9 560
Employee
35 237
-
17 445
-
pensions
3 968
-
1 964
-
income
4 834
-
2 393
-
health
4 035
-
1 998
-
total
12 837
-
6 355
-
Employer
35 237
-
17 445
-
pensions
5 730
-
2 837
-
accident
588
-
291
-
unemployment
863
-
428
-
total
7 181
-
3 556
-
Corporate
-
21 000
-
-
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.

-
18 900
-
-
total
-
18 900
-
-
Dividends
-
2 100
-
-
withholding
-
399
-
-
total
-
399
-
-
Income
21 000
21 000
21 000
21 000
Total tax
20 018
19 299
9 911
9 560
After tax
982
1 701
11 089
11 440
Living cost
22 400
22 400
22 400
22 400
Free-cash
-21 418
-20 699
-11 311
-10 960

Estimated living cost  is ₽22400 per week

₽16417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4275
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11810
₽8660
₽12650
₽10284
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
21 000
microenterprise

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

-
-
-
210
total
-
-
-
210
Employee
10 174
-
21 000
-
income
2 035
-
4 200
-
total
2 035
-
4 200
-
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%.

10 826
21 000
-
-
total
-
-
-
-
Dividends
10 826
21 000
-
-
withholding
541
1 050
-
-
total
541
1 050
-
-
Income
21 000
21 000
21 000
21 000
Total tax
2 576
1 050
4 200
210
After tax
18 424
19 950
16 800
20 790
Living cost
8 140
8 140
8 140
8 140
Free-cash
10 284
11 810
8 660
12 650

Estimated living cost  is ₽8140 per week

₽5044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11370
-₽14492
-₽15428
-₽24724
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
21 000
income
-
-
-
2 666
other
-
-
-
998
health
-
-
-
924
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.

-
-
-
5 041
total
-
-
-
9 629
Employee
36 518
-
16 774
-
unemployment
365
-
168
-
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.

2 556
-
1 176
-
income
6 287
-
2 888
-
health
512
-
235
-
total
9 720
-
4 467
-
Employer
36 518
-
16 774
-
health
512
-
235
-
pensions

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

6 209
-
2 851
-
accident
292
-
134
-
unemployment
365
-
168
-
other
1 827
-
838
-
total
9 205
-
4 226
-
Corporate
-
21 000
-
-
income
-
4 411
-
-
total
-
4 411
-
-
Dividends
-
16 589
-
-
withholding
-
1 160
-
-
total
-
1 160
-
-
Income
21 000
21 000
21 000
21 000
Total tax
18 925
5 571
8 693
9 629
After tax
2 075
15 429
12 307
11 371
Living cost
26 799
26 799
26 799
26 799
Free-cash
-24 724
-11 370
-14 492
-15 428

Estimated living cost  is ₽26799 per week

₽18935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1809
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽51123
-₽51171
-₽50236
-₽86562
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
21 000
income
-
-
-
4 157
pensions
-
-
-
220
total
-
-
-
4 377
Employee
94 595
-
19 778
-
pensions
9 126
-
148
-
income
17 052
-
3 921
-
health
1 559
-
24
-
total
27 737
-
4 093
-
Employer
94 595
-
19 778
-
health
1 797
-
376
-
pensions
11 169
-
843
-
total
12 966
-
1 219
-
Corporate
-
21 000
-
-
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.

-
3 989
-
-
total
-
3 989
-
-
Dividends
-
17 011
-
-
withholding
-
1 275
-
-
total
-
1 275
-
-
Income
21 000
21 000
21 000
21 000
Total tax
40 703
5 264
5 312
4 377
After tax
-19 703
15 736
15 688
16 623
Living cost
66 859
66 859
66 859
66 859
Free-cash
-86 562
-51 123
-51 171
-50 236

Estimated living cost  is ₽66859 per week

₽50099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽4750
₽52
-₽962
₽70
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
21 000
income
-
-
-
3 150
unemployment
-
-
-
84
health
-
-
-
2 415
pensions

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

-
-
-
3 108
total
-
-
-
8 757
Employee
17 485
-
17 555
-
accident

We are using the highest rate at 1.1%.

193
-
193
-
pensions

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

1 535
-
1 541
-
income
1 748
-
1 756
-
health
804
-
808
-
total
4 280
-
4 298
-
Employer
17 485
-
17 555
-
health
1 207
-
1 211
-
pensions

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

1 927
-
1 935
-
accident

We are using the highest rate at 1.1%.

193
-
193
-
unemployment
105
-
106
-
total
3 432
-
3 445
-
Corporate
84
21 000
-
-
income
9
2 100
-
-
total
9
2 100
-
-
Dividends
76
18 900
-
-
withholding
4
945
-
-
total
4
945
-
-
Income
21 000
21 000
21 000
21 000
Total tax
7 725
3 045
7 743
8 757
After tax
13 275
17 955
13 257
12 243
Living cost
13 205
13 205
13 205
13 205
Free-cash
70
4 750
52
-962

Estimated living cost  is ₽13205 per week

₽7709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽943
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.
₽4203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
-₽86865
-₽92511
-₽43665
-₽88571
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
21 000
income
-
-
-
1 890
health
-
-
-
3 224
pensions
-
-
-
3 781
total
-
-
-
8 895
Employee
93 245
85 887
85 887
-
pensions
11 784
11 784
15 460
-
income

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

14 058
14 058
14 058
-
health
11 633
11 213
13 183
-
total
37 475
37 055
42 701
-
Employer
93 245
85 887
85 887
-
health
6 480
5 970
5 970
-
pensions
6 489
5 978
5 978
-
unemployment
3 357
3 092
3 092
-
total
16 326
15 040
15 040
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
21 000
21 000
21 000
21 000
Total tax
53 801
52 095
57 741
8 895
After tax
-32 801
-31 095
-36 741
12 105
Living cost
55 770
55 770
55 770
55 770
Free-cash
-88 571
-86 865
-92 511
-43 665

Estimated living cost  is ₽55770 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10534
-₽14337
-₽14765
-₽28252
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
21 000
income
-
-
-
1 805
social contributions
-
-
-
6 132
solidarity contribution
-
-
-
-
health
-
-
-
2 835
total
-
-
-
10 772
Employee
36 754
-
15 672
-
solidarity contribution
-
-
-
-
social contributions
2 389
-
1 019
-
income
4 411
-
1 881
-
health
4 962
-
2 116
-
total
11 762
-
5 016
-
Employer
36 754
-
15 672
-
health
3 308
-
1 410
-
social contributions
9 189
-
3 918
-
total
12 497
-
5 328
-
Corporate
-
21 000
-
-
income
-
3 990
-
-
total
-
3 990
-
-
Dividends
-
17 010
-
-
withholding
-
2 551
-
-
total
-
2 551
-
-
Income
21 000
21 000
21 000
21 000
Total tax
24 259
6 541
10 344
10 772
After tax
-3 259
14 459
10 656
10 228
Living cost
24 993
24 993
24 993
24 993
Free-cash
-28 252
-10 534
-14 337
-14 765

Estimated living cost  is ₽24993 per week

₽17360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31236
-₽34355
-₽32538
-₽68384
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
21 000
social contributions
-
-
-
7 795
regional
-
-
-
162
municipal
-
-
-
105
national
-
-
-
3 037
total
-
-
-
11 099
Employee
89 385
-
21 000
-
municipal
473
-
86
-
national
15 488
-
2 479
-
regional
843
-
132
-
social contributions
30 141
-
10 219
-
total
46 945
-
12 916
-
Employer
89 385
-
21 000
-
total
-
-
-
-
Corporate
-
21 000
-
-
municipal
-
819
-
-
nationa
-
5 041
-
-
total
-
5 860
-
-
Dividends
-
15 141
-
-
withholding
-
3 937
-
-
total
-
3 937
-
-
Income
21 000
21 000
21 000
21 000
Total tax
46 945
9 797
12 916
11 099
After tax
-25 945
11 203
8 084
9 901
Living cost
42 439
42 439
42 439
42 439
Free-cash
-68 384
-31 236
-34 355
-32 538

Estimated living cost  is ₽42439 per week

₽29583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽651
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8983
-₽10561
-₽10132
-₽19261
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
21 000
income
-
-
-
3 016
other
-
-
-
-
surtax
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
1 493
pensions
-
-
-
4 201
total
-
-
-
8 939
Employee
33 259
-
17 347
-
other
-
-
-
-
unemployment
2 315
-
1 208
-
pensions
2 218
-
1 157
-
surtax
109
-
-
-
income
5 575
-
2 909
-
health
849
-
441
-
total
11 066
-
5 715
-
Employer
33 259
-
17 347
-
health
1 514
-
790
-
pensions
4 434
-
2 313
-
unemployment
1 054
-
550
-
other
-
-
-
-
total
7 002
-
3 653
-
Corporate
-
21 000
-
-
income
-
5 460
-
-
total
-
5 460
-
-
Dividends
-
15 540
-
-
withholding
-
2 330
-
-
total
-
2 330
-
-
Income
21 000
21 000
21 000
21 000
Total tax
18 068
7 790
9 368
8 939
After tax
2 932
13 210
11 632
12 061
Living cost
22 193
22 193
22 193
22 193
Free-cash
-19 261
-8 983
-10 561
-10 132

Estimated living cost  is ₽22193 per week

₽13570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29940
-₽29988
-₽29053
-₽50462
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
21 000
income
-
-
-
4 157
pensions
-
-
-
220
total
-
-
-
4 377
Employee
63 395
-
19 778
-
pensions
5 381
-
148
-
income
11 418
-
3 921
-
health
920
-
24
-
total
17 719
-
4 093
-
Employer
63 395
-
19 778
-
health
1 204
-
376
-
pensions
6 863
-
843
-
total
8 067
-
1 219
-
Corporate
-
21 000
-
-
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.

-
3 989
-
-
total
-
3 989
-
-
Dividends
-
17 011
-
-
withholding
-
1 275
-
-
total
-
1 275
-
-
Income
21 000
21 000
21 000
21 000
Total tax
25 786
5 264
5 312
4 377
After tax
-4 786
15 736
15 688
16 623
Living cost
45 676
45 676
45 676
45 676
Free-cash
-50 462
-29 940
-29 988
-29 053

Estimated living cost  is ₽45676 per week

₽34220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽70143
-₽64664
-₽61671
-₽81213
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
21 000
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.

-
-
-
420
regional
-
-
-
94
health
-
-
-
260
city
-
-
-
219
national
-
-
-
-
pensions
-
-
-
1 933
total
-
-
-
2 926
Employee
93 322
-
17 768
-
unemployment
-
-
-
-
pensions
7 840
-
2 640
-
national
442
-
-
-
regional
3 056
-
23
-
city
1 002
-
178
-
health
211
-
41
-
total
12 551
-
2 882
-
Employer
93 322
-
17 768
-
health
211
-
41
-
pensions
7 840
-
2 640
-
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.

1 866
-
356
-
total
9 917
-
3 037
-
Corporate
-
21 000
-
-
regional
-
4 442
-
-
national
-
1 786
-
-
total
-
6 228
-
-
Dividends
-
14 772
-
-
withholding
-
5 170
-
-
total
-
5 170
-
-
Income
21 000
21 000
21 000
21 000
Total tax
22 468
11 398
5 919
2 926
After tax
-1 468
9 602
15 081
18 074
Living cost
79 745
79 745
79 745
79 745
Free-cash
-81 213
-70 143
-64 664
-61 671

Estimated living cost  is ₽79745 per week

₽51857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽979
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽35442
-₽31945
-₽31945
-₽39444
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
21 000
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.

-
-
-
6 871
trade
-
-
-
-
total
-
-
-
6 871
Employee

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

60 444
-
21 000
-
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.

391
-
-
-
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.

7 108
-
-
-
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.

6 871
-
6 871
-
total
14 370
-
6 871
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
21 000
-
-
income
-
3 149
-
-
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.

-
174
-
-
chamber of commerce
-
181
-
-
trade
-
3 602
-
-
total
-
7 106
-
-
Dividends
-
13 894
-
-
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
-
3 092
-
-
total
-
3 262
-
-
Income
21 000
21 000
21 000
21 000
Total tax
14 370
10 368
6 871
6 871
After tax
6 630
10 632
14 129
14 129
Living cost
46 074
46 074
46 074
46 074
Free-cash
-39 444
-35 442
-31 945
-31 945

Estimated living cost  is ₽46074 per week

₽33650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23826
-₽20674
-₽21975
-₽35487
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
21 000
income
-
-
-
-
other
-
-
-
651
surtax
-
-
-
-
social contributions
-
-
-
597
health
-
-
-
269
pensions
-
-
-
7 048
total
-
-
-
8 565
Employee
43 044
-
16 001
-
pensions
4 867
-
1 809
-
surtax
-
-
-
-
social contributions
1 227
-
456
-
income
2 540
-
-
-
total
8 634
-
2 265
-
Employer
43 044
-
16 001
-
health
3 014
-
1 120
-
pensions
7 071
-
2 630
-
unemployment
1 743
-
649
-
social contributions
130
-
48
-
other
1 485
-
552
-
total
13 443
-
4 999
-
Corporate
-
21 000
-
-
income
-
5 880
-
-
surtax
-
-
-
-
total
-
5 880
-
-
Dividends
-
15 120
-
-
surtax
-
-
-
-
social contributions
-
2 601
-
-
withholding
-
1 935
-
-
total
-
4 536
-
-
Income
21 000
21 000
21 000
21 000
Total tax
22 077
10 416
7 264
8 565
After tax
-1 077
10 584
13 736
12 435
Living cost
34 410
34 410
34 410
34 410
Free-cash
-35 487
-23 826
-20 674
-21 975

Estimated living cost  is ₽34410 per week

₽21697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9331
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20417
-₽17265
-₽18566
-₽29424
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
21 000
income
-
-
-
-
other
-
-
-
651
surtax
-
-
-
-
social contributions
-
-
-
597
health
-
-
-
269
pensions
-
-
-
7 048
total
-
-
-
8 565
Employee
38 423
-
16 001
-
pensions
4 346
-
1 809
-
surtax
-
-
-
-
social contributions
1 096
-
456
-
income
1 981
-
-
-
total
7 423
-
2 265
-
Employer
38 423
-
16 001
-
health
2 689
-
1 120
-
pensions
6 314
-
2 630
-
unemployment
1 556
-
649
-
social contributions
115
-
48
-
other
1 326
-
552
-
total
12 000
-
4 999
-
Corporate
-
21 000
-
-
income
-
5 880
-
-
surtax
-
-
-
-
total
-
5 880
-
-
Dividends
-
15 120
-
-
surtax
-
-
-
-
social contributions
-
2 601
-
-
withholding
-
1 935
-
-
total
-
4 536
-
-
Income
21 000
21 000
21 000
21 000
Total tax
19 423
10 416
7 264
8 565
After tax
1 577
10 584
13 736
12 435
Living cost
31 001
31 001
31 001
31 001
Free-cash
-29 424
-20 417
-17 265
-18 566

Estimated living cost  is ₽31001 per week

₽17979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8515
-₽10192
-₽7839
-₽15743
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
21 000
income
-
-
-
3 149
social contributions
-
-
-
2 897
health
-
-
-
1 466
total
-
-
-
7 512
Employee
34 101
-
21 000
-
social contributions
4 707
-
2 897
-
income
5 688
-
5 502
-
health
2 380
-
1 466
-
total
12 775
-
9 865
-
Employer
34 101
-
21 000
-
total
-
-
-
-
Corporate
-
21 000
-
-
income

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

-
1 050
-
-
total
-
1 050
-
-
Dividends
-
19 950
-
-
social contributions
1 754
2 752
-
-
withholding
-
2 993
-
-
health
887
1 393
-
-
total
2 641
7 138
-
-
Income
21 000
21 000
21 000
21 000
Total tax
15 416
8 188
9 865
7 512
After tax
5 584
12 812
11 135
13 488
Living cost
21 327
21 327
21 327
21 327
Free-cash
-15 743
-8 515
-10 192
-7 839

Estimated living cost  is ₽21327 per week

₽14272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽37339
-₽30523
-₽26383
-₽44879
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
21 000
income
-
-
-
-
surtax
-
-
-
198
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
84
health
-
-
-
1 607
pensions
-
-
-
3 886
total
-
-
-
11 944
Employee
50 263
40 080
40 080
-
other
502
401
147
-
unemployment
1 508
1 202
441
-
pensions
5 147
4 103
1 506
-
income
5 722
2 956
4 413
-
health
1 945
1 552
569
-
total
14 824
10 214
7 076
-
Employer
50 263
40 080
40 080
-
chamber of commerce
200
160
160
-
health
1 899
1 515
555
-
pensions
6 308
5 031
1 848
-
accident
653
521
191
-
unemployment
1 508
1 202
441
-
surtax
198
198
198
-
payroll
1 508
1 202
1 202
-
other
2 388
1 903
1 689
-
total
14 662
11 732
6 284
-
Corporate
3 817
3 817
10 898
-
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.

954
954
2 724
-
total
954
954
2 724
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
21 000
21 000
21 000
21 000
Total tax
30 440
22 900
16 084
11 944
After tax
-9 440
-1 900
4 916
9 056
Living cost
35 439
35 439
35 439
35 439
Free-cash
-44 879
-37 339
-30 523
-26 383

Estimated living cost  is ₽35439 per week

₽23636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3023
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24603
-₽26915
-₽25838
-₽71884
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
21 000
communal

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

-
-
-
941
social contributions
-
-
-
5 302
national
-
-
-
3 924
total
-
-
-
10 167
Employee

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

71 942
-
16 267
-
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.

626
-
141
-
communal

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

3 752
-
849
-
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.

5 396
-
1 220
-
national
22 118
-
3 535
-
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.

3 380
-
765
-
total
35 272
-
6 510
-
Employer

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

71 942
-
16 267
-
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.

4 424
-
1 000
-
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.

6 375
-
1 441
-
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.

935
-
212
-
unemployment

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

1 050
-
237
-
surtax
8 157
-
1 844
-
total
20 941
-
4 734
-
Corporate
-
21 000
-
-
income
-
4 201
-
-
surtax
-
84
-
-
total
-
4 285
-
-
Dividends
-
16 715
-
-
withholding

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

-
4 647
-
-
total
-
4 647
-
-
Income
21 000
21 000
21 000
21 000
Total tax
56 213
8 932
11 244
10 167
After tax
-35 213
12 068
9 756
10 833
Living cost
36 671
36 671
36 671
36 671
Free-cash
-71 884
-24 603
-26 915
-25 838

Estimated living cost  is ₽36671 per week

₽23621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3206
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.
₽9270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21990
-₽29712
-₽24568
-₽45023
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
21 000
accident
-
-
-
195
income
-
-
-
2 758
other
-
-
-
21
unemployment
-
-
-
151
pensions
-
-
-
6 121
total
-
-
-
9 246
Employee
50 064
-
10 293
-
other
50
-
34
-
unemployment
777
-
521
-
pensions
2 353
-
1 578
-
income
10 563
-
1 550
-
total
13 743
-
3 683
-
Employer
50 064
-
10 293
-
pensions
11 814
-
7 926
-
accident
991
-
664
-
unemployment
2 754
-
1 848
-
other
399
-
269
-
total
15 958
-
10 707
-
Corporate
-
21 000
-
-
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.

-
3 149
-
-
total
-
3 149
-
-
Dividends
-
17 851
-
-
withholding
-
3 519
-
-
total
-
3 519
-
-
Income
21 000
21 000
21 000
21 000
Total tax
29 701
6 668
14 390
9 246
After tax
-8 701
14 332
6 610
11 754
Living cost
36 322
36 322
36 322
36 322
Free-cash
-45 023
-21 990
-29 712
-24 568

Estimated living cost  is ₽36322 per week

₽26747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽40287
-₽45988
-₽45985
-₽64263
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
21 000
communal
-
-
-
-
accident
-
-
-
431
income
-
-
-
-
surtax
-
-
-
653
health
-
-
-
3 588
pensions
-
-
-
7 657
total
-
-
-
12 329
Employee
76 164
-
15 280
-
pensions
6 092
-
3 829
-
surtax
4 668
-
653
-
income
7 357
-
-
-
health
3 390
-
2 130
-
total
21 507
-
6 612
-
Employer
76 164
-
15 280
-
health
2 323
-
1 460
-
pensions
6 092
-
3 829
-
accident
685
-
431
-
total
9 100
-
5 720
-
Corporate
-
21 000
-
-
communal
-
-
-
-
income
-
3 149
-
-
surtax
-
221
-
-
total
-
3 370
-
-
Dividends
-
17 629
-
-
income
-
616
-
-
withholding
-
2 645
-
-
total
-
3 261
-
-
Income
21 000
21 000
21 000
21 000
Total tax
30 607
6 631
12 332
12 329
After tax
-9 607
14 369
8 668
8 671
Living cost
54 656
54 656
54 656
54 656
Free-cash
-64 263
-40 287
-45 988
-45 985

Estimated living cost  is ₽54656 per week

₽41000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9380
-₽10958
-₽10529
-₽20001
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
21 000
income
-
-
-
3 016
other
-
-
-
-
surtax
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
1 493
pensions
-
-
-
4 201
total
-
-
-
8 939
Employee
33 870
-
17 347
-
other
-
-
-
-
unemployment
2 357
-
1 208
-
pensions
2 260
-
1 157
-
surtax
120
-
-
-
income
5 678
-
2 909
-
health
865
-
441
-
total
11 280
-
5 715
-
Employer
33 870
-
17 347
-
health
1 540
-
790
-
pensions
4 516
-
2 313
-
unemployment
1 075
-
550
-
other
-
-
-
-
total
7 131
-
3 653
-
Corporate
-
21 000
-
-
income
-
5 460
-
-
total
-
5 460
-
-
Dividends
-
15 540
-
-
withholding
-
2 330
-
-
total
-
2 330
-
-
Income
21 000
21 000
21 000
21 000
Total tax
18 411
7 790
9 368
8 939
After tax
2 589
13 210
11 632
12 061
Living cost
22 590
22 590
22 590
22 590
Free-cash
-20 001
-9 380
-10 958
-10 529

Estimated living cost  is ₽22590 per week

₽13639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1964
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16056
-₽19096
-₽17297
-₽34792
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
21 000
social contributions
-
-
-
7 795
regional
-
-
-
267
municipal
-
-
-
105
national
-
-
-
3 037
total
-
-
-
11 204
Employee
55 790
-
21 000
-
municipal
296
-
86
-
national
8 839
-
2 479
-
regional
751
-
219
-
social contributions
18 813
-
10 219
-
total
28 699
-
13 003
-
Employer
55 790
-
21 000
-
total
-
-
-
-
Corporate
-
21 000
-
-
municipal
-
1 044
-
-
nationa
-
5 041
-
-
total
-
6 085
-
-
Dividends
-
14 915
-
-
withholding
-
3 878
-
-
total
-
3 878
-
-
Income
21 000
21 000
21 000
21 000
Total tax
28 699
9 963
13 003
11 204
After tax
-7 699
11 037
7 997
9 796
Living cost
27 093
27 093
27 093
27 093
Free-cash
-34 792
-16 056
-19 096
-17 297

Estimated living cost  is ₽27093 per week

₽16849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16339
-₽20142
-₽20570
-₽39690
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
21 000
income
-
-
-
1 805
social contributions
-
-
-
6 132
solidarity contribution
-
-
-
-
health
-
-
-
2 835
total
-
-
-
10 772
Employee
45 291
-
15 672
-
solidarity contribution
-
-
-
-
social contributions
2 944
-
1 019
-
income
5 435
-
1 881
-
health
6 114
-
2 116
-
total
14 493
-
5 016
-
Employer
45 291
-
15 672
-
health
4 076
-
1 410
-
social contributions
11 323
-
3 918
-
total
15 399
-
5 328
-
Corporate
-
21 000
-
-
income
-
3 990
-
-
total
-
3 990
-
-
Dividends
-
17 010
-
-
withholding
-
2 551
-
-
total
-
2 551
-
-
Income
21 000
21 000
21 000
21 000
Total tax
29 892
6 541
10 344
10 772
After tax
-8 892
14 459
10 656
10 228
Living cost
30 798
30 798
30 798
30 798
Free-cash
-39 690
-16 339
-20 142
-20 570

Estimated living cost  is ₽30798 per week

₽22903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽33789
-₽27070
-₽22833
-₽36571
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
21 000
income
-
-
-
-
surtax
-
-
-
-
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
84
health
-
-
-
1 607
pensions
-
-
-
3 886
total
-
-
-
11 746
Employee
43 964
40 080
40 080
-
other
439
401
149
-
unemployment
1 319
1 202
447
-
pensions
4 502
4 103
1 523
-
income
3 916
2 956
4 401
-
health
1 701
1 552
576
-
total
11 877
10 214
7 096
-
Employer
43 964
40 080
40 080
-
chamber of commerce
176
160
160
-
health
1 662
1 515
563
-
pensions
5 518
5 031
1 867
-
accident
571
521
193
-
unemployment
1 319
1 202
447
-
surtax
-
-
-
-
payroll
1 319
1 202
1 202
-
other
2 088
1 903
1 689
-
total
12 653
11 534
6 121
-
Corporate
3 817
3 817
11 062
-
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.

954
954
2 766
-
total
954
954
2 766
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
21 000
21 000
21 000
21 000
Total tax
25 484
22 702
15 983
11 746
After tax
-4 484
-1 702
5 017
9 254
Living cost
32 087
32 087
32 087
32 087
Free-cash
-36 571
-33 789
-27 070
-22 833

Estimated living cost  is ₽32087 per week

₽19248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3277
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8989
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7266
₽4116
₽8106
₽4888
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
21 000
microenterprise

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

-
-
-
210
total
-
-
-
210
Employee
15 855
-
21 000
-
income
3 171
-
4 200
-
total
3 171
-
4 200
-
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%.

5 145
21 000
-
-
total
-
-
-
-
Dividends
5 145
21 000
-
-
withholding
257
1 050
-
-
total
257
1 050
-
-
Income
21 000
21 000
21 000
21 000
Total tax
3 428
1 050
4 200
210
After tax
17 572
19 950
16 800
20 790
Living cost
12 684
12 684
12 684
12 684
Free-cash
4 888
7 266
4 116
8 106

Estimated living cost  is ₽12684 per week

₽8583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽532
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3142
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12519
-₽15084
-₽14320
-₽30400
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
21 000
income
-
-
-
2 411
unemployment
-
-
-
32
health
-
-
-
2 067
pensions
-
-
-
3 834
total
-
-
-
8 344
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.

44 474
-
18 168
-
unemployment
63
-
25
-
pensions
6 894
-
2 815
-
income
7 670
-
2 266
-
health
2 872
-
1 174
-
total
17 499
-
6 280
-
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.

44 474
-
18 168
-
health
2 962
-
1 210
-
pensions
3 936
-
1 607
-
unemployment
27
-
11
-
total
6 925
-
2 828
-
Corporate
-
21 000
-
-
income
-
3 991
-
-
total
-
3 991
-
-
Dividends
-
17 009
-
-
withholding
-
2 552
-
-
total
-
2 552
-
-
Income
21 000
21 000
21 000
21 000
Total tax
24 424
6 543
9 108
8 344
After tax
-3 424
14 457
11 892
12 656
Living cost
26 976
26 976
26 976
26 976
Free-cash
-30 400
-12 519
-15 084
-14 320

Estimated living cost  is ₽26976 per week

₽18513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31227
-₽38087
-₽29490
-₽131057
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
21 000
income
-
-
-
4 093
social contributions
-
-
-
2 394
total
-
-
-
6 487
Employee
63 094
-
8 321
-
social contributions
5 174
-
737
-
income
13 917
-
1 668
-
total
19 091
-
2 405
-
Employer
63 094
-
8 321
-
social contributions
88 963
-
12 679
-
total
88 963
-
12 679
-
Corporate
-
21 000
-
-
income
-
4 620
-
-
total
-
4 620
-
-
Dividends
-
16 380
-
-
income
-
3 604
-
-
total
-
3 604
-
-
Income
21 000
21 000
21 000
21 000
Total tax
108 054
8 224
15 084
6 487
After tax
-87 054
12 776
5 916
14 513
Living cost
44 003
44 003
44 003
44 003
Free-cash
-131 057
-31 227
-38 087
-29 490

Estimated living cost  is ₽44003 per week

₽28551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19604
-₽18768
-₽19069
-₽36243
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
21 000
income
-
-
-
1 225
surtax
-
-
-
-
social contributions

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

-
-
-
7 297
total
-
-
-
8 522
Employee
46 257
-
16 969
-
surtax
-
-
-
-
social contributions
5 088
-
1 867
-
income
9 622
-
2 323
-
total
14 710
-
4 190
-
Employer
46 257
-
16 969
-
social contributions
10 986
-
4 031
-
total
10 986
-
4 031
-
Corporate
-
21 000
-
-
income
-
4 411
-
-
surtax
-
-
-
-
total
-
4 411
-
-
Dividends
-
16 589
-
-
withholding
-
4 646
-
-
total
-
4 646
-
-
Income
21 000
21 000
21 000
21 000
Total tax
25 696
9 057
8 221
8 522
After tax
-4 696
11 943
12 779
12 478
Living cost
31 547
31 547
31 547
31 547
Free-cash
-36 243
-19 604
-18 768
-19 069

Estimated living cost  is ₽31547 per week

₽23604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1861
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.
₽5556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽37992
-₽34840
-₽36141
-₽61665
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
21 000
income
-
-
-
-
other
-
-
-
651
surtax
-
-
-
-
social contributions
-
-
-
597
health
-
-
-
269
pensions
-
-
-
7 048
total
-
-
-
8 565
Employee
62 992
-
16 001
-
pensions
7 125
-
1 809
-
surtax
-
-
-
-
social contributions
1 794
-
456
-
income
5 496
-
-
-
total
14 415
-
2 265
-
Employer
62 992
-
16 001
-
health
4 409
-
1 120
-
pensions
10 350
-
2 630
-
unemployment
2 552
-
649
-
social contributions
189
-
48
-
other
2 174
-
552
-
total
19 674
-
4 999
-
Corporate
-
21 000
-
-
income
-
5 880
-
-
surtax
-
-
-
-
total
-
5 880
-
-
Dividends
-
15 120
-
-
surtax
-
-
-
-
social contributions
-
2 601
-
-
withholding
-
1 935
-
-
total
-
4 536
-
-
Income
21 000
21 000
21 000
21 000
Total tax
34 089
10 416
7 264
8 565
After tax
-13 089
10 584
13 736
12 435
Living cost
48 576
48 576
48 576
48 576
Free-cash
-61 665
-37 992
-34 840
-36 141

Estimated living cost  is ₽48576 per week

₽32876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11331
-₽13232
-₽13851
-₽16345
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
21 000
income
-
-
-
-
social contributions
-
-
-
4 619
total
-
-
-
4 619
Employee
32 334
-
18 181
-
income
-
-
-
-
social contributions
2 101
-
1 181
-
total
2 101
-
1 181
-
Employer
32 334
-
18 181
-
social contributions
5 012
-
2 819
-
total
5 012
-
2 819
-
Corporate
-
21 000
-
-
income
-
2 099
-
-
total
-
2 099
-
-
Dividends
-
18 901
-
-
total
-
-
-
-
Income
21 000
21 000
21 000
21 000
Total tax
7 113
2 099
4 000
4 619
After tax
13 887
18 901
17 000
16 381
Living cost
30 232
30 232
30 232
30 232
Free-cash
-16 345
-11 331
-13 232
-13 851

Estimated living cost  is ₽30232 per week

₽19548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽198026
-₽198026
-₽32418
-₽198026
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
21 000
labour market
-
-
-
1 610
municipal
-
-
-
1 508
national
-
-
-
1 015
pensions
-
-
-
871
total
-
-
-
5 004
Employee
204 345
204 345
204 345
-
municipal
43 514
43 514
43 514
-
labour market
16 324
16 324
16 324
-
pensions
290
290
290
-
national
24 964
24 964
24 964
-
total
85 092
85 092
85 092
-
Employer
204 345
204 345
204 345
-
national
25 008
25 008
25 008
-
labour market
16 348
16 348
16 348
-
pensions
581
581
581
-
municipal
43 583
43 583
43 583
-
total
85 520
85 520
85 520
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
21 000
21 000
21 000
21 000
Total tax
170 612
170 612
170 612
5 004
After tax
-149 612
-149 612
-149 612
15 996
Living cost
48 414
48 414
48 414
48 414
Free-cash
-198 026
-198 026
-198 026
-32 418

Estimated living cost  is ₽48414 per week

₽33135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4283
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽745
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10252
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20369
-₽10981
-₽10630
-₽20793
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
21 000
accident
-
-
-
257
income
-
-
-
2 469
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
9 560
Employee
34 717
-
17 445
-
pensions
3 909
-
1 964
-
income
4 763
-
2 393
-
health
3 975
-
1 998
-
total
12 647
-
6 355
-
Employer
34 717
-
17 445
-
pensions
5 645
-
2 837
-
accident
580
-
291
-
unemployment
851
-
428
-
total
7 076
-
3 556
-
Corporate
-
21 000
-
-
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.

-
18 900
-
-
total
-
18 900
-
-
Dividends
-
2 100
-
-
withholding
-
399
-
-
total
-
399
-
-
Income
21 000
21 000
21 000
21 000
Total tax
19 723
19 299
9 911
9 560
After tax
1 277
1 701
11 089
11 440
Living cost
22 070
22 070
22 070
22 070
Free-cash
-20 793
-20 369
-10 981
-10 630

Estimated living cost  is ₽22070 per week

₽16064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24081
-₽25322
-₽21394
-₽41898
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
21 000
health
-
-
-
-
municipal
-
-
-
3 781
national
-
-
-
-
total
-
-
-
3 781
Employee
52 914
-
17 668
-
municipal
8 667
-
2 918
-
unemployment
794
-
265
-
pensions
3 571
-
1 193
-
national
874
-
-
-
health
395
-
-
-
total
14 301
-
4 376
-
Employer
52 914
-
17 668
-
health
407
-
136
-
pensions
9 180
-
3 065
-
accident
53
-
17
-
unemployment
344
-
115
-
total
9 984
-
3 333
-
Corporate
-
21 000
-
-
income
-
4 201
-
-
total
-
4 201
-
-
Dividends

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

-
12 599
-
-
municipal
-
2 267
-
-
national
-
-
-
-
total
-
2 267
-
-
Income
21 000
21 000
21 000
21 000
Total tax
24 285
6 468
7 709
3 781
After tax
-3 285
14 532
13 291
17 219
Living cost
38 613
38 613
38 613
38 613
Free-cash
-41 898
-24 081
-25 322
-21 394

Estimated living cost  is ₽38613 per week

₽25222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽25029
-₽16236
-₽9225
-₽17805
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 234
income
-
-
-
-
social contributions
-
-
-
5 964
health
-
-
-
975
total
-
-
-
6 939
Employee
77 337
77 337
77 337
-
social contributions
2 924
6 419
2 164
-
income
8 421
7 159
8 696
-
health
599
1 315
443
-
total
11 944
14 893
11 303
-
Employer
77 337
77 337
77 337
-
health
651
1 431
483
-
social contributions
2 924
6 419
2 164
-
total
3 575
7 850
2 647
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
21 000
21 000
21 000
21 000
Total tax
15 519
22 743
13 950
6 939
After tax
5 481
-1 743
7 050
14 061
Living cost
23 286
23 286
23 286
23 286
Free-cash
-17 805
-25 029
-16 236
-9 225

Estimated living cost  is ₽23286 per week

₽13956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2285
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.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1422
-₽2800
-₽6020
-₽4461
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 000
income
-
-
-
985
unemployment
-
-
-
29
health
-
-
-
3 640
pensions
-
-
-
6 398
total
-
-
-
11 052
Employee

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

23 085
-
19 038
-
unemployment
115
-
95
-
pensions
3 462
-
2 855
-
income
1 578
-
1 302
-
health
1 962
-
1 618
-
total
7 117
-
5 870
-
Employer

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

23 085
-
19 038
-
health
992
-
819
-
pensions
1 269
-
1 048
-
unemployment
115
-
95
-
total
2 376
-
1 962
-
Corporate
-
21 000
-
-
income
-
1 890
-
-
total
-
1 890
-
-
Dividends
-
19 110
-
-
withholding
-
1 720
-
-
total
-
1 720
-
-
Income
21 000
21 000
21 000
21 000
Total tax
9 493
3 610
7 832
11 052
After tax
11 507
17 390
13 168
9 948
Living cost
15 968
15 968
15 968
15 968
Free-cash
-4 461
1 422
-2 800
-6 020

Estimated living cost  is ₽15968 per week

₽10188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13325
-₽21047
-₽15903
-₽28044
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
21 000
accident
-
-
-
195
income
-
-
-
2 758
other
-
-
-
21
unemployment
-
-
-
151
pensions
-
-
-
6 121
total
-
-
-
9 246
Employee
37 188
-
10 293
-
other
36
-
34
-
unemployment
576
-
521
-
pensions
1 748
-
1 578
-
income
7 170
-
1 550
-
total
9 530
-
3 683
-
Employer
37 188
-
10 293
-
pensions
8 776
-
7 926
-
accident
737
-
664
-
unemployment
2 046
-
1 848
-
other
298
-
269
-
total
11 857
-
10 707
-
Corporate
-
21 000
-
-
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.

-
3 149
-
-
total
-
3 149
-
-
Dividends
-
17 851
-
-
withholding
-
3 519
-
-
total
-
3 519
-
-
Income
21 000
21 000
21 000
21 000
Total tax
21 387
6 668
14 390
9 246
After tax
-387
14 332
6 610
11 754
Living cost
27 657
27 657
27 657
27 657
Free-cash
-28 044
-13 325
-21 047
-15 903

Estimated living cost  is ₽27657 per week

₽18668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2659
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.
₽5846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11145
₽10401
₽10540
₽10824
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
21 000
income
-
-
-
6 036
health
-
-
-
1 036
pensions
-
-
-
1 429
total
-
-
-
8 501
Employee
2 983
-
19 393
-
unemployment
30
-
71
-
pensions
268
-
643
-
income
577
-
5 961
-
health
149
-
357
-
total
1 024
-
7 032
-
Employer
2 983
-
19 393
-
health
283
-
679
-
pensions
328
-
786
-
unemployment
60
-
143
-
total
671
-
1 608
-
Corporate
17 346
21 000
-
-
income
3 816
4 620
-
-
total
3 816
4 620
-
-
Dividends
13 530
16 380
-
-
withholding
2 706
3 276
-
-
total
2 706
3 276
-
-
Income
21 000
21 000
21 000
21 000
Total tax
8 217
7 896
8 640
8 501
After tax
12 783
13 104
12 360
12 499
Living cost
1 959
1 959
1 959
1 959
Free-cash
10 824
11 145
10 401
10 540

Estimated living cost  is ₽1959 per week

₽1164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽45
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2220
-₽5056
-₽5960
-₽9923
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
21 000
income
-
-
-
1 629
unemployment
-
-
-
315
health
-
-
-
2 163
pensions
-
-
-
5 460
total
-
-
-
9 567
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.

26 227
-
17 812
-
unemployment
197
-
134
-
pensions
3 672
-
2 494
-
income
3 615
-
1 930
-
health
1 351
-
917
-
total
8 835
-
5 475
-
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.

26 227
-
17 812
-
health
1 351
-
917
-
pensions
3 147
-
2 137
-
unemployment
197
-
134
-
total
4 695
-
3 188
-
Corporate
-
21 000
-
-
income
-
3 150
-
-
total
-
3 150
-
-
Dividends
-
17 850
-
-
withholding
-
2 677
-
-
total
-
2 677
-
-
Income
21 000
21 000
21 000
21 000
Total tax
13 530
5 827
8 663
9 567
After tax
7 470
15 173
12 337
11 433
Living cost
17 393
17 393
17 393
17 393
Free-cash
-9 923
-2 220
-5 056
-5 960

Estimated living cost  is ₽17393 per week

₽11711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15171
-₽14335
-₽14636
-₽27305
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
21 000
income
-
-
-
1 225
surtax
-
-
-
-
social contributions

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

-
-
-
7 297
total
-
-
-
8 522
Employee
39 035
-
16 969
-
surtax
-
-
-
-
social contributions
4 294
-
1 867
-
income
7 627
-
2 323
-
total
11 921
-
4 190
-
Employer
39 035
-
16 969
-
social contributions
9 270
-
4 031
-
total
9 270
-
4 031
-
Corporate
-
21 000
-
-
income
-
4 411
-
-
surtax
-
-
-
-
total
-
4 411
-
-
Dividends
-
16 589
-
-
withholding
-
4 646
-
-
total
-
4 646
-
-
Income
21 000
21 000
21 000
21 000
Total tax
21 191
9 057
8 221
8 522
After tax
-191
11 943
12 779
12 478
Living cost
27 114
27 114
27 114
27 114
Free-cash
-27 305
-15 171
-14 335
-14 636

Estimated living cost  is ₽27114 per week

₽19204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21014
-₽28736
-₽23592
-₽43060
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
21 000
accident
-
-
-
195
income
-
-
-
2 758
other
-
-
-
21
unemployment
-
-
-
151
pensions
-
-
-
6 121
total
-
-
-
9 246
Employee
48 573
-
10 293
-
other
48
-
34
-
unemployment
752
-
521
-
pensions
2 283
-
1 578
-
income
10 145
-
1 550
-
total
13 228
-
3 683
-
Employer
48 573
-
10 293
-
pensions
11 463
-
7 926
-
accident
962
-
664
-
unemployment
2 672
-
1 848
-
other
389
-
269
-
total
15 486
-
10 707
-
Corporate
-
21 000
-
-
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.

-
3 149
-
-
total
-
3 149
-
-
Dividends
-
17 851
-
-
withholding
-
3 519
-
-
total
-
3 519
-
-
Income
21 000
21 000
21 000
21 000
Total tax
28 714
6 668
14 390
9 246
After tax
-7 714
14 332
6 610
11 754
Living cost
35 346
35 346
35 346
35 346
Free-cash
-43 060
-21 014
-28 736
-23 592

Estimated living cost  is ₽35346 per week

₽25384
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2748
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.
₽6716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽630
-₽4068
-₽5082
-₽6441
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
21 000
income
-
-
-
3 150
unemployment
-
-
-
84
health
-
-
-
2 415
pensions

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

-
-
-
3 108
total
-
-
-
8 757
Employee
22 941
-
17 555
-
accident

We are using the highest rate at 1.1%.

252
-
193
-
pensions

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

2 014
-
1 541
-
income
2 294
-
1 756
-
health
1 055
-
808
-
total
5 615
-
4 298
-
Employer
22 941
-
17 555
-
health
1 583
-
1 211
-
pensions

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

2 528
-
1 935
-
accident

We are using the highest rate at 1.1%.

252
-
193
-
unemployment
138
-
106
-
total
4 501
-
3 445
-
Corporate
-
21 000
-
-
income
-
2 100
-
-
total
-
2 100
-
-
Dividends
-
18 900
-
-
withholding
-
945
-
-
total
-
945
-
-
Income
21 000
21 000
21 000
21 000
Total tax
10 116
3 045
7 743
8 757
After tax
10 884
17 955
13 257
12 243
Living cost
17 325
17 325
17 325
17 325
Free-cash
-6 441
630
-4 068
-5 082

Estimated living cost  is ₽17325 per week

₽11459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽992
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4462
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27763
-₽24700
-₽24700
-₽29042
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
21 000
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.

-
-
-
6 871
trade
-
-
-
-
total
-
-
-
6 871
Employee

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

50 042
-
21 000
-
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.

227
-
-
-
income

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

4 115
-
-
-
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.

6 871
-
6 871
-
total
11 213
-
6 871
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
21 000
-
-
income
-
3 149
-
-
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.

-
174
-
-
chamber of commerce
-
183
-
-
trade
-
3 014
-
-
total
-
6 520
-
-
Dividends
-
14 480
-
-
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.

-
177
-
-
withholding
-
3 237
-
-
total
-
3 414
-
-
Income
21 000
21 000
21 000
21 000
Total tax
11 213
9 934
6 871
6 871
After tax
9 787
11 066
14 129
14 129
Living cost
38 829
38 829
38 829
38 829
Free-cash
-29 042
-27 763
-24 700
-24 700

Estimated living cost  is ₽38829 per week

₽26785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽42592
-₽37802
-₽37802
-₽57673
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
21 000
income
-
-
-
1 052
social contributions
-
-
-
458
total
-
-
-
1 510
Employee
78 672
-
21 000
-
income
14 845
-
1 052
-
social contributions
6 536
-
458
-
total
21 381
-
1 510
-
Employer
78 672
-
21 000
-
total
-
-
-
-
Corporate
-
21 000
-
-
income
-
2 624
-
-
total
-
2 624
-
-
Dividends
-
18 376
-
-
withholding
-
3 676
-
-
total
-
3 676
-
-
Income
21 000
21 000
21 000
21 000
Total tax
21 381
6 300
1 510
1 510
After tax
-381
14 700
19 490
19 490
Living cost
57 292
57 292
57 292
57 292
Free-cash
-57 673
-42 592
-37 802
-37 802

Estimated living cost  is ₽57292 per week

₽43587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽25861
-₽19333
-₽50215
-₽32763
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
21 000
income
-
-
-
28 629
health

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

-
-
-
6 077
total
-
-
-
34 706
Employee
46 138
-
19 088
-
income
5 006
-
-
-
social contributions
4 623
-
1 912
-
total
9 629
-
1 912
-
Employer
46 138
-
19 088
-
social contributions
4 623
-
1 912
-
total
4 623
-
1 912
-
Corporate
-
21 000
-
-
income
-
7 350
-
-
total
-
7 350
-
-
Dividends
-
13 650
-
-
social contributions
3 002
3 002
-
-
total
3 002
3 002
-
-
Income
21 000
21 000
21 000
21 000
Total tax
17 254
10 352
3 824
34 706
After tax
3 746
10 648
17 176
-13 706
Living cost
36 509
36 509
36 509
36 509
Free-cash
-32 763
-25 861
-19 333
-50 215

Estimated living cost  is ₽36509 per week

₽24048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2878
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.
₽9022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21397
-₽21445
-₽20510
-₽36089
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
21 000
income
-
-
-
4 157
pensions
-
-
-
220
total
-
-
-
4 377
Employee
50 971
-
19 778
-
pensions
3 890
-
148
-
income
9 282
-
3 921
-
health
665
-
24
-
total
13 837
-
4 093
-
Employer
50 971
-
19 778
-
health
969
-
376
-
pensions
5 150
-
843
-
total
6 119
-
1 219
-
Corporate
-
21 000
-
-
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.

-
3 989
-
-
total
-
3 989
-
-
Dividends
-
17 011
-
-
withholding
-
1 275
-
-
total
-
1 275
-
-
Income
21 000
21 000
21 000
21 000
Total tax
19 956
5 264
5 312
4 377
After tax
1 044
15 736
15 688
16 623
Living cost
37 133
37 133
37 133
37 133
Free-cash
-36 089
-21 397
-21 445
-20 510

Estimated living cost  is ₽37133 per week

₽25473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3415
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.
₽7778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽22554
-₽13166
-₽12815
-₽24929
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
21 000
accident
-
-
-
257
income
-
-
-
2 469
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
9 560
Employee
38 154
-
17 445
-
pensions
4 296
-
1 964
-
income
5 234
-
2 393
-
health
4 368
-
1 998
-
total
13 898
-
6 355
-
Employer
38 154
-
17 445
-
pensions
6 204
-
2 837
-
accident
637
-
291
-
unemployment
935
-
428
-
total
7 776
-
3 556
-
Corporate
-
21 000
-
-
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.

-
18 900
-
-
total
-
18 900
-
-
Dividends
-
2 100
-
-
withholding
-
399
-
-
total
-
399
-
-
Income
21 000
21 000
21 000
21 000
Total tax
21 674
19 299
9 911
9 560
After tax
-674
1 701
11 089
11 440
Living cost
24 255
24 255
24 255
24 255
Free-cash
-24 929
-22 554
-13 166
-12 815

Estimated living cost  is ₽24255 per week

₽17800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1413
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.
₽4552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4261
-₽464
-₽464
-₽742
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
21 000
income
-
-
-
2 100
unemployment
-
-
-
252
work injury
-
-
-
105
health insurance
-
-
-
1 554
pensions
-
-
-
3 864
total
-
-
-
7 875
Employee

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

21 742
-
21 000
-
health insurance
1 609
-
1 554
-
unemployment
261
-
252
-
work injury
109
-
105
-
pensions
4 000
-
3 864
-
income
2 174
-
2 100
-
total
8 153
-
7 875
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
21 000
-
-
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
-
21 000
-
-
withholding
-
3 150
-
-
total
-
3 150
-
-
Income
21 000
21 000
21 000
21 000
Total tax
8 153
3 150
7 875
7 875
After tax
12 847
17 850
13 125
13 125
Living cost
13 589
13 589
13 589
13 589
Free-cash
-742
4 261
-464
-464

Estimated living cost  is ₽13589 per week

₽8418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3759
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29006
-₽32049
-₽30246
-₽63752
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
21 000
social contributions
-
-
-
7 795
regional
-
-
-
229
municipal
-
-
-
118
national
-
-
-
3 037
total
-
-
-
11 179
Employee
84 751
-
21 000
-
municipal
506
-
97
-
national
14 322
-
2 479
-
regional
1 280
-
187
-
social contributions
28 577
-
10 219
-
total
44 685
-
12 982
-
Employer
84 751
-
21 000
-
total
-
-
-
-
Corporate
-
21 000
-
-
municipal
-
1 012
-
-
nationa
-
5 041
-
-
total
-
6 053
-
-
Dividends
-
14 948
-
-
withholding
-
3 886
-
-
total
-
3 886
-
-
Income
21 000
21 000
21 000
21 000
Total tax
44 685
9 939
12 982
11 179
After tax
-23 685
11 061
8 018
9 821
Living cost
40 067
40 067
40 067
40 067
Free-cash
-63 752
-29 006
-32 049
-30 246

Estimated living cost  is ₽40067 per week

₽28144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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