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
-₽18661
-₽16248
-₽15151
-₽15151
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
-
health

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

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

-
-
-
6 653
surtax

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

-
-
-
-
total
-
-
-
6 653
Employee

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

37 249
-
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.

1 040
-
-
-
surtax

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

57
-
-
-
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.

6 653
-
6 653
-
total
7 750
-
6 653
-
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
-
-
trade
-
3 308
-
-
chamber of commerce
-
177
-
-
total
-
6 808
-
-
Dividends
-
14 192
-
-
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.

-
176
-
-
withholding
-
3 179
-
-
total
-
3 355
-
-
Income
21 000
21 000
21 000
21 000
Total tax
7 750
10 163
6 653
6 653
After tax
13 250
10 837
14 347
14 347
Living cost
29 498
29 498
29 498
29 498
Free-cash
-16 248
-18 661
-15 151
-15 151

Estimated living cost  is ₽29498 per week

₽18555
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3439
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6953
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽40807
-₽70157
-₽38519
-₽38353
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 123
national
-
-
-
1 739
pensions
-
-
-
2 520
social contributions
-
-
-
226
total
-
-
-
5 608
Employee
83 573
-
18 154
-
national
15 996
-
1 865
-
pensions
3 343
-
726
-
municipal
10 323
-
1 204
-
total
29 662
-
3 795
-
Employer
83 573
-
18 154
-
social contributions
898
-
195
-
pensions
6 686
-
1 452
-
total
7 584
-
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
37 246
7 896
5 442
5 608
After tax
-16 246
13 104
15 558
15 392
Living cost
53 911
53 911
53 911
53 911
Free-cash
-70 157
-40 807
-38 353
-38 519

Estimated living cost  is ₽53911 per week

₽36643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5011
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽807
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11450
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3462
-₽14313
-₽5476
-₽8211
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
3 149
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.

-
-
-
3 066
total
-
-
-
6 215
Employee
28 457
-
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.

3 131
-
1 861
-
income
5 066
-
3 012
-
surtax
-
-
-
-
total
8 197
-
4 873
-
Employer
28 457
-
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.

6 855
-
4 077
-
surtax
-
-
-
-
total
6 855
-
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
15 052
4 201
8 950
6 215
After tax
5 948
16 799
12 050
14 785
Living cost
20 261
20 261
20 261
20 261
Free-cash
-14 313
-3 462
-8 211
-5 476

Estimated living cost  is ₽20261 per week

₽12926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1929
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4946
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽70241
-₽75708
-₽28692
-₽75708
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 891
health
-
-
-
3 225
pensions
-
-
-
3 779
total
-
-
-
8 895
Employee
83 164
83 164
83 164
-
pensions
14 970
11 410
14 970
-
income

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

13 613
13 613
13 613
-
health
12 765
10 858
12 765
-
total
41 348
35 881
41 348
-
Employer
83 164
83 164
83 164
-
health
5 781
5 781
5 781
-
pensions
5 788
5 788
5 788
-
unemployment
2 994
2 994
2 994
-
total
14 563
14 563
14 563
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
21 000
21 000
21 000
21 000
Total tax
55 911
50 444
55 911
8 895
After tax
-34 911
-29 444
-34 911
12 105
Living cost
40 797
40 797
40 797
40 797
Free-cash
-75 708
-70 241
-75 708
-28 692

Estimated living cost  is ₽40797 per week

₽28912
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽649
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7559
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27303
-₽51599
-₽28300
-₽27555
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
4 448
national
-
-
-
-
unemployment
-
-
-
21
accident
-
-
-
42
health
-
-
-
1 310
pensions
-
-
-
2 270
other
-
-
-
2 440
total
-
-
-
10 531
Employee
55 242
-
15 979
-
national
-
-
-
-
municipal
16 473
-
4 765
-
total
16 473
-
4 765
-
Employer
55 242
-
15 979
-
health
3 397
-
983
-
pensions
5 972
-
1 727
-
accident
111
-
32
-
other
6 419
-
1 857
-
unemployment
1 458
-
422
-
total
17 357
-
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
33 830
9 534
9 786
10 531
After tax
-12 830
11 466
11 214
10 469
Living cost
38 769
38 769
38 769
38 769
Free-cash
-51 599
-27 303
-27 555
-28 300

Estimated living cost  is ₽38769 per week

₽25695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27528
-₽28387
-₽23911
-₽23911
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
-
health

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

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

-
-
-
6 653
surtax

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

-
-
-
-
total
-
-
-
6 653
Employee

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

49 387
-
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.

4 243
-
-
-
surtax

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

233
-
-
-
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.

6 653
-
6 653
-
total
11 129
-
6 653
-
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
-
-
trade
-
3 454
-
-
chamber of commerce
-
177
-
-
total
-
6 954
-
-
Dividends
-
14 046
-
-
surtax

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

-
174
-
-
withholding
-
3 142
-
-
total
-
3 316
-
-
Income
21 000
21 000
21 000
21 000
Total tax
11 129
10 270
6 653
6 653
After tax
9 871
10 730
14 347
14 347
Living cost
38 258
38 258
38 258
38 258
Free-cash
-28 387
-27 528
-23 911
-23 911

Estimated living cost  is ₽38258 per week

₽25587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4034
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽32608
-₽27285
-₽17306
-₽24096
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 022
income
-
-
-
-
health
-
-
-
944
social contributions
-
-
-
5 775
total
-
-
-
6 719
Employee
74 886
74 886
74 886
-
social contributions
3 639
6 215
2 096
-
income
7 864
6 932
8 420
-
health
745
1 273
429
-
total
12 248
14 420
10 945
-
Employer
74 886
74 886
74 886
-
social contributions
3 639
6 215
2 096
-
health
811
1 386
468
-
total
4 450
7 601
2 564
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
21 000
21 000
21 000
21 000
Total tax
16 698
22 021
13 509
6 719
After tax
4 302
-1 021
7 491
14 281
Living cost
31 587
31 587
31 587
31 587
Free-cash
-27 285
-32 608
-24 096
-17 306

Estimated living cost  is ₽31587 per week

₽21593
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2467
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6997
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6934
-₽11902
-₽4526
-₽6900
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
315
income
-
-
-
2 567
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.

27 533
10 958
17 573
-
pensions
2 753
1 096
1 757
-
unemployment
413
164
264
-
income
3 366
1 340
2 148
-
health
1 927
767
1 230
-
total
8 459
3 367
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.

27 533
10 958
17 573
-
pensions
5 369
2 137
3 427
-
total
5 369
2 137
3 427
-
Corporate
-
7 905
-
-
income
-
711
-
-
total
-
711
-
-
Dividends
-
7 194
-
-
social contributions
-
1 278
-
-
withholding
-
1 367
-
-
total
-
2 645
-
-
Income
21 000
21 000
21 000
21 000
Total tax
13 828
8 860
8 826
6 452
After tax
7 172
12 140
12 174
14 548
Living cost
19 074
19 074
19 074
19 074
Free-cash
-11 902
-6 934
-6 900
-4 526

Estimated living cost  is ₽19074 per week

₽13016
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽381
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4116
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6724
-₽15967
-₽10051
-₽9202
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
597
health
-
-
-
2 730
pensions
-
-
-
4 201
total
-
-
-
7 528
Employee
27 627
-
15 694
-
pensions
553
-
314
-
unemployment
442
-
251
-
income
3 110
-
808
-
total
4 105
-
1 373
-
Employer
27 627
-
15 694
-
health
3 591
-
2 040
-
pensions
5 526
-
3 140
-
unemployment
222
-
126
-
total
9 339
-
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
13 444
4 201
6 679
7 528
After tax
7 556
16 799
14 321
13 472
Living cost
23 522
23 522
23 522
23 522
Free-cash
-15 967
-6 724
-9 202
-10 051

Estimated living cost  is ₽23522 per week

₽16134
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1401
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5515
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19400
-₽18958
-₽9323
-₽10011
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
242
income
-
-
-
2 542
health
-
-
-
2 092
pensions
-
-
-
3 991
other
-
-
-
355
total
-
-
-
9 222
Employee
33 193
-
17 445
-
pensions
3 738
-
1 964
-
income
4 554
-
2 393
-
health
3 801
-
1 998
-
total
12 093
-
6 355
-
Employer
33 193
-
17 445
-
pensions
5 397
-
2 837
-
accident
554
-
291
-
unemployment
813
-
427
-
total
6 764
-
3 555
-
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
18 857
19 299
9 910
9 222
After tax
2 143
1 701
11 090
11 778
Living cost
21 101
21 101
21 101
21 101
Free-cash
-18 958
-19 400
-10 011
-9 323

Estimated living cost  is ₽21101 per week

₽15465
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1169
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4027
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11498
₽9913
₽12338
₽8348
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 564
-
21 000
-
income
2 113
-
4 200
-
total
2 113
-
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%.

10 436
21 000
-
-
total
-
-
-
-
Dividends
10 436
21 000
-
-
withholding
522
1 050
-
-
total
522
1 050
-
-
Income
21 000
21 000
21 000
21 000
Total tax
2 635
1 050
4 200
210
After tax
18 365
19 950
16 800
20 790
Living cost
8 452
8 452
8 452
8 452
Free-cash
9 913
11 498
8 348
12 338

Estimated living cost  is ₽8452 per week

₽5238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽703
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽232
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2279
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10521
-₽23273
-₽14579
-₽13643
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 667
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.

-
-
-
5 040
other
-
-
-
998
total
-
-
-
9 629
Employee
35 360
-
16 772
-
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.

2 475
-
1 174
-
unemployment
353
-
168
-
income
6 088
-
2 887
-
health
495
-
235
-
total
9 411
-
4 464
-
Employer
35 360
-
16 772
-
health
495
-
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.

6 012
-
2 852
-
accident
283
-
135
-
other
1 769
-
839
-
unemployment
353
-
168
-
total
8 912
-
4 229
-
Corporate
-
21 000
-
-
income
-
4 410
-
-
total
-
4 410
-
-
Dividends
-
16 590
-
-
withholding
-
1 161
-
-
total
-
1 161
-
-
Income
21 000
21 000
21 000
21 000
Total tax
18 323
5 571
8 693
9 629
After tax
2 677
15 429
12 307
11 371
Living cost
25 950
25 950
25 950
25 950
Free-cash
-23 273
-10 521
-13 643
-14 579

Estimated living cost  is ₽25950 per week

₽18335
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽418
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5444
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽49517
-₽83973
-₽48658
-₽49642
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 147
pensions
-
-
-
260
total
-
-
-
4 407
Employee
92 320
-
19 739
-
pensions
8 906
-
196
-
income
16 642
-
3 902
-
health
1 521
-
34
-
total
27 069
-
4 132
-
Employer
92 320
-
19 739
-
health
1 753
-
376
-
pensions
10 900
-
883
-
total
12 653
-
1 259
-
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.

-
3 990
-
-
total
-
3 990
-
-
Dividends
-
17 010
-
-
withholding
-
1 276
-
-
total
-
1 276
-
-
Income
21 000
21 000
21 000
21 000
Total tax
39 722
5 266
5 391
4 407
After tax
-18 722
15 734
15 609
16 593
Living cost
65 251
65 251
65 251
65 251
Free-cash
-83 973
-49 517
-49 642
-48 658

Estimated living cost  is ₽65251 per week

₽48894
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7667
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8161
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽4917
₽298
-₽795
₽219
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
84
income
-
-
-
3 150
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
17 264
-
17 556
-
pensions

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

1 516
-
1 542
-
income
1 726
-
1 756
-
health
794
-
808
-
accident

We are using the highest rate at 1.1%.

190
-
193
-
total
4 226
-
4 299
-
Employer
17 264
-
17 556
-
health
1 192
-
1 211
-
pensions

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

1 903
-
1 935
-
accident

We are using the highest rate at 1.1%.

190
-
193
-
unemployment
103
-
105
-
total
3 388
-
3 444
-
Corporate
348
21 000
-
-
income
35
2 100
-
-
total
35
2 100
-
-
Dividends
313
18 900
-
-
withholding
15
945
-
-
total
15
945
-
-
Income
21 000
21 000
21 000
21 000
Total tax
7 664
3 045
7 743
8 757
After tax
13 336
17 955
13 257
12 243
Living cost
13 038
13 038
13 038
13 038
Free-cash
298
4 917
219
-795

Estimated living cost  is ₽13038 per week

₽7612
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽345
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4150
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽83446
-₽85098
-₽41897
-₽88913
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 891
health
-
-
-
3 225
pensions
-
-
-
3 779
total
-
-
-
8 895
Employee
90 290
83 164
83 164
-
pensions
11 410
11 410
14 970
-
income

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

13 613
13 613
13 613
-
health
11 264
10 858
12 765
-
total
36 287
35 881
41 348
-
Employer
90 290
83 164
83 164
-
health
6 274
5 781
5 781
-
pensions
6 284
5 788
5 788
-
unemployment
3 251
2 994
2 994
-
total
15 809
14 563
14 563
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
21 000
21 000
21 000
21 000
Total tax
52 096
50 444
55 911
8 895
After tax
-31 096
-29 444
-34 911
12 105
Living cost
54 002
54 002
54 002
54 002
Free-cash
-85 098
-83 446
-88 913
-41 897

Estimated living cost  is ₽54002 per week

₽39836
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4824
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽619
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9690
-₽26587
-₽13921
-₽13493
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
-
income
-
-
-
1 805
health
-
-
-
2 835
social contributions
-
-
-
6 132
total
-
-
-
10 772
Employee
35 514
-
15 672
-
social contributions
2 308
-
1 019
-
income
4 262
-
1 881
-
solidarity contribution
-
-
-
-
health
4 794
-
2 116
-
total
11 364
-
5 016
-
Employer
35 514
-
15 672
-
social contributions
8 878
-
3 918
-
health
3 196
-
1 410
-
total
12 074
-
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
23 438
6 541
10 344
10 772
After tax
-2 438
14 459
10 656
10 228
Living cost
24 149
24 149
24 149
24 149
Free-cash
-26 587
-9 690
-13 493
-13 921

Estimated living cost  is ₽24149 per week

₽16774
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1718
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.
₽5182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29889
-₽65551
-₽31009
-₽32769
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
107
national
-
-
-
3 094
regional
-
-
-
166
social contributions
-
-
-
7 548
total
-
-
-
10 915
Employee
86 551
-
21 000
-
national
14 997
-
2 554
-
social contributions
29 185
-
9 895
-
municipal
458
-
89
-
regional
817
-
137
-
total
45 457
-
12 675
-
Employer
86 551
-
21 000
-
total
-
-
-
-
Corporate
-
21 000
-
-
municipal
-
819
-
-
nationa
-
5 040
-
-
total
-
5 859
-
-
Dividends
-
15 142
-
-
withholding
-
3 936
-
-
total
-
3 936
-
-
Income
21 000
21 000
21 000
21 000
Total tax
45 457
9 795
12 675
10 915
After tax
-24 457
11 205
8 325
10 085
Living cost
41 094
41 094
41 094
41 094
Free-cash
-65 551
-29 889
-32 769
-31 009

Estimated living cost  is ₽41094 per week

₽28646
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2695
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9122
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8279
-₽17983
-₽9422
-₽9859
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
222
income
-
-
-
3 018
health
-
-
-
1 491
surtax
-
-
-
-
pensions
-
-
-
4 201
other
-
-
-
-
total
-
-
-
8 932
Employee
32 205
-
17 348
-
pensions
2 147
-
1 157
-
unemployment
2 242
-
1 207
-
income
5 398
-
2 909
-
other
-
-
-
-
surtax
105
-
-
-
health
822
-
444
-
total
10 714
-
5 717
-
Employer
32 205
-
17 348
-
health
1 466
-
789
-
pensions
4 293
-
2 312
-
other
-
-
-
-
unemployment
1 020
-
551
-
total
6 779
-
3 652
-
Corporate
-
21 000
-
-
income
-
5 459
-
-
total
-
5 459
-
-
Dividends
-
15 541
-
-
withholding
-
2 330
-
-
total
-
2 330
-
-
Income
21 000
21 000
21 000
21 000
Total tax
17 493
7 789
9 369
8 932
After tax
3 507
13 211
11 631
12 068
Living cost
21 490
21 490
21 490
21 490
Free-cash
-17 983
-8 279
-9 859
-9 422

Estimated living cost  is ₽21490 per week

₽13140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1983
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5871
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28844
-₽48743
-₽27985
-₽28969
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 147
pensions
-
-
-
260
total
-
-
-
4 407
Employee
61 870
-
19 739
-
pensions
5 251
-
196
-
income
11 143
-
3 902
-
health
898
-
34
-
total
17 292
-
4 132
-
Employer
61 870
-
19 739
-
health
1 175
-
376
-
pensions
6 698
-
883
-
total
7 873
-
1 259
-
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.

-
3 990
-
-
total
-
3 990
-
-
Dividends
-
17 010
-
-
withholding
-
1 276
-
-
total
-
1 276
-
-
Income
21 000
21 000
21 000
21 000
Total tax
25 165
5 266
5 391
4 407
After tax
-4 165
15 734
15 609
16 593
Living cost
44 578
44 578
44 578
44 578
Free-cash
-48 743
-28 844
-28 969
-27 985

Estimated living cost  is ₽44578 per week

₽33397
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3341
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7372
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽66617
-₽76695
-₽58147
-₽61007
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
219
national
-
-
-
-
regional
-
-
-
106
health
-
-
-
249
pensions
-
-
-
1 932
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.

-
-
-
421
total
-
-
-
2 927
Employee
89 197
-
17 840
-
national
422
-
-
-
city
957
-
178
-
pensions
7 494
-
2 566
-
unemployment
-
-
-
-
health
202
-
41
-
regional
2 921
-
39
-
total
11 996
-
2 824
-
Employer
89 197
-
17 840
-
health
202
-
41
-
pensions
7 494
-
2 566
-
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.

1 783
-
356
-
unemployment
-
-
-
-
total
9 479
-
2 963
-
Corporate
-
21 000
-
-
national
-
1 785
-
-
regional
-
4 442
-
-
total
-
6 227
-
-
Dividends
-
14 773
-
-
withholding
-
5 170
-
-
total
-
5 170
-
-
Income
21 000
21 000
21 000
21 000
Total tax
21 475
11 397
5 787
2 927
After tax
-475
9 603
15 213
18 073
Living cost
76 220
76 220
76 220
76 220
Free-cash
-76 695
-66 617
-61 007
-58 147

Estimated living cost  is ₽76220 per week

₽49565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6840
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽33990
-₽37527
-₽30266
-₽30266
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
-
health

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

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

-
-
-
6 653
surtax

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

-
-
-
-
total
-
-
-
6 653
Employee

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

58 528
-
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.

6 882
-
-
-
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.

379
-
-
-
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.

6 653
-
6 653
-
total
13 914
-
6 653
-
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
-
-
trade
-
3 602
-
-
chamber of commerce
-
177
-
-
total
-
7 102
-
-
Dividends
-
13 898
-
-
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
-
3 105
-
-
total
-
3 275
-
-
Income
21 000
21 000
21 000
21 000
Total tax
13 914
10 377
6 653
6 653
After tax
7 086
10 623
14 347
14 347
Living cost
44 613
44 613
44 613
44 613
Free-cash
-37 527
-33 990
-30 266
-30 266

Estimated living cost  is ₽44613 per week

₽32584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3569
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7882
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22737
-₽33696
-₽20829
-₽19584
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
health
-
-
-
261
surtax
-
-
-
-
pensions
-
-
-
6 999
other
-
-
-
651
social contributions
-
-
-
599
total
-
-
-
8 510
Employee
41 680
-
16 001
-
pensions
4 713
-
1 809
-
social contributions
1 188
-
456
-
income
2 460
-
-
-
surtax
-
-
-
-
total
8 361
-
2 265
-
Employer
41 680
-
16 001
-
social contributions
126
-
48
-
health
2 918
-
1 120
-
pensions
6 847
-
2 630
-
other
1 438
-
553
-
unemployment
1 687
-
649
-
total
13 016
-
5 000
-
Corporate
-
21 000
-
-
income
-
5 881
-
-
surtax
-
-
-
-
total
-
5 881
-
-
Dividends
-
15 119
-
-
social contributions
-
2 602
-
-
surtax
-
-
-
-
withholding
-
1 935
-
-
total
-
4 537
-
-
Income
21 000
21 000
21 000
21 000
Total tax
21 377
10 418
7 265
8 510
After tax
-377
10 582
13 735
12 490
Living cost
33 319
33 319
33 319
33 319
Free-cash
-33 696
-22 737
-19 584
-20 829

Estimated living cost  is ₽33319 per week

₽21009
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19436
-₽27824
-₽17528
-₽16283
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
health
-
-
-
261
surtax
-
-
-
-
pensions
-
-
-
6 999
other
-
-
-
651
social contributions
-
-
-
599
total
-
-
-
8 510
Employee
37 205
-
16 001
-
pensions
4 208
-
1 809
-
social contributions
1 061
-
456
-
income
1 918
-
-
-
surtax
-
-
-
-
total
7 187
-
2 265
-
Employer
37 205
-
16 001
-
social contributions
111
-
48
-
health
2 604
-
1 120
-
pensions
6 114
-
2 630
-
other
1 284
-
553
-
unemployment
1 506
-
649
-
total
11 619
-
5 000
-
Corporate
-
21 000
-
-
income
-
5 881
-
-
surtax
-
-
-
-
total
-
5 881
-
-
Dividends
-
15 119
-
-
social contributions
-
2 602
-
-
surtax
-
-
-
-
withholding
-
1 935
-
-
total
-
4 537
-
-
Income
21 000
21 000
21 000
21 000
Total tax
18 806
10 418
7 265
8 510
After tax
2 194
10 582
13 735
12 490
Living cost
30 018
30 018
30 018
30 018
Free-cash
-27 824
-19 436
-16 283
-17 528

Estimated living cost  is ₽30018 per week

₽17409
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3049
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.
₽8991
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7839
-₽14577
-₽7164
-₽9628
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
1 466
social contributions
-
-
-
2 898
total
-
-
-
7 513
Employee
33 020
-
21 000
-
social contributions
4 557
-
2 898
-
income
5 507
-
5 613
-
health
2 305
-
1 466
-
total
12 369
-
9 977
-
Employer
33 020
-
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
1 698
2 754
-
-
health
859
1 392
-
-
withholding
-
2 992
-
-
total
2 557
7 138
-
-
Income
21 000
21 000
21 000
21 000
Total tax
14 926
8 188
9 977
7 513
After tax
6 074
12 812
11 023
13 487
Living cost
20 651
20 651
20 651
20 651
Free-cash
-14 577
-7 839
-9 628
-7 164

Estimated living cost  is ₽20651 per week

₽13820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1273
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.
₽5080
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽35492
-₽42790
-₽25054
-₽29210
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
5 973
income
-
-
-
-
chamber of commerce
-
-
-
83
health
-
-
-
1 606
surtax
-
-
-
192
pensions
-
-
-
3 885
total
-
-
-
11 739
Employee
48 670
38 810
38 810
-
pensions
4 984
3 973
1 515
-
unemployment
1 460
1 164
444
-
income
5 541
2 863
4 236
-
other
486
388
148
-
health
1 883
1 503
573
-
total
14 354
9 891
6 916
-
Employer
48 670
38 810
38 810
-
chamber of commerce
194
155
155
-
health
1 839
1 467
560
-
payroll
1 460
1 164
1 164
-
pensions
6 108
4 872
1 857
-
surtax
192
192
192
-
accident
632
505
192
-
other
2 312
1 843
1 639
-
unemployment
1 460
1 164
444
-
total
14 197
11 362
6 203
-
Corporate
3 696
3 696
11 100
-
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.

924
924
2 776
-
total
924
924
2 776
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
21 000
21 000
21 000
21 000
Total tax
29 475
22 177
15 895
11 739
After tax
-8 475
-1 177
5 105
9 261
Living cost
34 315
34 315
34 315
34 315
Free-cash
-42 790
-35 492
-29 210
-25 054

Estimated living cost  is ₽34315 per week

₽22887
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7938
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23454
-₽68941
-₽24561
-₽25751
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
3 966
communal

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

-
-
-
952
social contributions
-
-
-
5 134
total
-
-
-
10 052
Employee

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

69 661
-
16 265
-
national
21 417
-
3 535
-
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.

5 225
-
1 220
-
communal

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

3 633
-
848
-
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.

606
-
142
-
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.

3 273
-
763
-
total
34 154
-
6 508
-
Employer

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

69 661
-
16 265
-
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.

4 284
-
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.

6 173
-
1 442
-
surtax
7 899
-
1 844
-
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.

906
-
211
-
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.

1 016
-
237
-
total
20 278
-
4 734
-
Corporate
-
21 000
-
-
income
-
4 201
-
-
surtax
-
83
-
-
total
-
4 284
-
-
Dividends
-
16 716
-
-
withholding

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

-
4 661
-
-
total
-
4 661
-
-
Income
21 000
21 000
21 000
21 000
Total tax
54 432
8 945
11 242
10 052
After tax
-33 432
12 055
9 758
10 948
Living cost
35 509
35 509
35 509
35 509
Free-cash
-68 941
-23 454
-25 751
-24 561

Estimated living cost  is ₽35509 per week

₽22872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3105
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8976
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20845
-₽42929
-₽23262
-₽28232
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
148
accident
-
-
-
189
income
-
-
-
2 792
pensions
-
-
-
5 943
other
-
-
-
20
total
-
-
-
9 092
Employee
48 477
-
10 632
-
pensions
2 279
-
1 528
-
unemployment
752
-
505
-
income
10 228
-
1 628
-
other
48
-
33
-
total
13 307
-
3 694
-
Employer
48 477
-
10 632
-
pensions
11 440
-
7 675
-
accident
959
-
643
-
other
386
-
261
-
unemployment
2 667
-
1 789
-
total
15 452
-
10 368
-
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
-
3 526
-
-
total
-
3 526
-
-
Income
21 000
21 000
21 000
21 000
Total tax
28 759
6 675
14 062
9 092
After tax
-7 759
14 325
6 938
11 908
Living cost
35 170
35 170
35 170
35 170
Free-cash
-42 929
-20 845
-28 232
-23 262

Estimated living cost  is ₽35170 per week

₽25899
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2495
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽38555
-₽61560
-₽43909
-₽43910
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
418
income
-
-
-
-
communal
-
-
-
-
health
-
-
-
3 474
surtax
-
-
-
678
pensions
-
-
-
7 415
total
-
-
-
11 985
Employee
73 750
-
15 461
-
pensions
5 899
-
3 707
-
income
7 124
-
-
-
surtax
4 520
-
678
-
health
3 282
-
2 062
-
total
20 825
-
6 447
-
Employer
73 750
-
15 461
-
health
2 249
-
1 414
-
pensions
5 899
-
3 707
-
accident
663
-
418
-
total
8 811
-
5 539
-
Corporate
-
21 000
-
-
income
-
3 149
-
-
surtax
-
220
-
-
communal
-
-
-
-
total
-
3 369
-
-
Dividends
-
17 631
-
-
income
-
617
-
-
withholding
-
2 645
-
-
total
-
3 262
-
-
Income
21 000
21 000
21 000
21 000
Total tax
29 636
6 631
11 986
11 985
After tax
-8 636
14 369
9 014
9 015
Living cost
52 924
52 924
52 924
52 924
Free-cash
-61 560
-38 555
-43 910
-43 909

Estimated living cost  is ₽52924 per week

₽39701
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.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9455
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8663
-₽18699
-₽9806
-₽10243
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
222
income
-
-
-
3 018
health
-
-
-
1 491
surtax
-
-
-
-
pensions
-
-
-
4 201
other
-
-
-
-
total
-
-
-
8 932
Employee
32 796
-
17 348
-
pensions
2 188
-
1 157
-
unemployment
2 282
-
1 207
-
income
5 498
-
2 909
-
other
-
-
-
-
surtax
116
-
-
-
health
837
-
444
-
total
10 921
-
5 717
-
Employer
32 796
-
17 348
-
health
1 491
-
789
-
pensions
4 373
-
2 312
-
other
-
-
-
-
unemployment
1 040
-
551
-
total
6 904
-
3 652
-
Corporate
-
21 000
-
-
income
-
5 459
-
-
total
-
5 459
-
-
Dividends
-
15 541
-
-
withholding
-
2 330
-
-
total
-
2 330
-
-
Income
21 000
21 000
21 000
21 000
Total tax
17 825
7 789
9 369
8 932
After tax
3 175
13 211
11 631
12 068
Living cost
21 874
21 874
21 874
21 874
Free-cash
-18 699
-8 663
-10 243
-9 806

Estimated living cost  is ₽21874 per week

₽13207
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1902
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6260
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15195
-₽33023
-₽16257
-₽17997
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
107
national
-
-
-
3 094
regional
-
-
-
274
social contributions
-
-
-
7 548
total
-
-
-
11 023
Employee
54 022
-
21 000
-
national
8 559
-
2 554
-
social contributions
18 217
-
9 895
-
municipal
286
-
89
-
regional
727
-
225
-
total
27 789
-
12 763
-
Employer
54 022
-
21 000
-
total
-
-
-
-
Corporate
-
21 000
-
-
municipal
-
1 044
-
-
nationa
-
5 040
-
-
total
-
6 084
-
-
Dividends
-
14 916
-
-
withholding
-
3 877
-
-
total
-
3 877
-
-
Income
21 000
21 000
21 000
21 000
Total tax
27 789
9 961
12 763
11 023
After tax
-6 789
11 039
8 237
9 977
Living cost
26 234
26 234
26 234
26 234
Free-cash
-33 023
-15 195
-17 997
-16 257

Estimated living cost  is ₽26234 per week

₽16315
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2658
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6812
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15299
-₽37642
-₽19530
-₽19102
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
-
income
-
-
-
1 805
health
-
-
-
2 835
social contributions
-
-
-
6 132
total
-
-
-
10 772
Employee
43 762
-
15 672
-
social contributions
2 845
-
1 019
-
income
5 251
-
1 881
-
solidarity contribution
-
-
-
-
health
5 908
-
2 116
-
total
14 004
-
5 016
-
Employer
43 762
-
15 672
-
social contributions
10 941
-
3 918
-
health
3 939
-
1 410
-
total
14 880
-
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
28 884
6 541
10 344
10 772
After tax
-7 884
14 459
10 656
10 228
Living cost
29 758
29 758
29 758
29 758
Free-cash
-37 642
-15 299
-19 102
-19 530

Estimated living cost  is ₽29758 per week

₽22130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1649
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.
₽5465
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽32055
-₽34747
-₽21617
-₽25866
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
5 973
income
-
-
-
-
chamber of commerce
-
-
-
83
health
-
-
-
1 606
surtax
-
-
-
-
pensions
-
-
-
3 885
total
-
-
-
11 547
Employee
42 571
38 810
38 810
-
pensions
4 360
3 973
1 532
-
unemployment
1 277
1 164
449
-
income
3 792
2 863
4 227
-
other
425
388
150
-
health
1 647
1 503
578
-
total
11 501
9 891
6 936
-
Employer
42 571
38 810
38 810
-
chamber of commerce
170
155
155
-
health
1 610
1 467
566
-
payroll
1 277
1 164
1 164
-
pensions
5 343
4 872
1 876
-
surtax
-
-
-
-
accident
553
505
194
-
other
2 022
1 843
1 641
-
unemployment
1 277
1 164
449
-
total
12 252
11 170
6 045
-
Corporate
3 696
3 696
11 259
-
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.

924
924
2 815
-
total
924
924
2 815
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
21 000
21 000
21 000
21 000
Total tax
24 677
21 985
15 796
11 547
After tax
-3 677
-985
5 204
9 453
Living cost
31 070
31 070
31 070
31 070
Free-cash
-34 747
-32 055
-25 866
-21 617

Estimated living cost  is ₽31070 per week

₽18638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3173
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8705
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6780
₽4310
₽7620
₽3630
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
16 463
-
21 000
-
income
3 293
-
4 200
-
total
3 293
-
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%.

4 537
21 000
-
-
total
-
-
-
-
Dividends
4 537
21 000
-
-
withholding
227
1 050
-
-
total
227
1 050
-
-
Income
21 000
21 000
21 000
21 000
Total tax
3 520
1 050
4 200
210
After tax
17 480
19 950
16 800
20 790
Living cost
13 170
13 170
13 170
13 170
Free-cash
4 310
6 780
3 630
7 620

Estimated living cost  is ₽13170 per week

₽8912
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽553
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3263
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11663
-₽28769
-₽13491
-₽14232
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
31
income
-
-
-
2 438
health
-
-
-
2 066
pensions
-
-
-
3 835
total
-
-
-
8 370
Employee

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

43 065
-
18 171
-
pensions
6 675
-
2 817
-
unemployment
61
-
26
-
income
7 426
-
2 264
-
health
2 781
-
1 174
-
total
16 943
-
6 281
-
Employer

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

43 065
-
18 171
-
health
2 868
-
1 211
-
pensions
3 811
-
1 608
-
unemployment
26
-
11
-
total
6 705
-
2 830
-
Corporate
-
21 000
-
-
income
-
3 990
-
-
total
-
3 990
-
-
Dividends
-
17 010
-
-
withholding
-
2 552
-
-
total
-
2 552
-
-
Income
21 000
21 000
21 000
21 000
Total tax
23 648
6 542
9 111
8 370
After tax
-2 648
14 458
11 889
12 630
Living cost
26 121
26 121
26 121
26 121
Free-cash
-28 769
-11 663
-14 232
-13 491

Estimated living cost  is ₽26121 per week

₽17927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1674
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6016
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽32839
-₽136627
-₽31102
-₽40082
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
65 406
-
7 857
-
social contributions
5 363
-
764
-
income
14 427
-
1 560
-
total
19 790
-
2 324
-
Employer
65 406
-
7 857
-
social contributions
92 222
-
13 143
-
total
92 222
-
13 143
-
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
112 012
8 224
15 467
6 487
After tax
-91 012
12 776
5 533
14 513
Living cost
45 615
45 615
45 615
45 615
Free-cash
-136 627
-32 839
-40 082
-31 102

Estimated living cost  is ₽45615 per week

₽29597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4290
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18603
-₽34429
-₽18070
-₽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

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.

-
-
-
7 298
total
-
-
-
8 523
Employee
44 790
-
16 969
-
social contributions
4 927
-
1 867
-
income
9 317
-
2 360
-
surtax
-
-
-
-
total
14 244
-
4 227
-
Employer
44 790
-
16 969
-
social contributions
10 638
-
4 031
-
total
10 638
-
4 031
-
Corporate
-
21 000
-
-
income
-
4 410
-
-
surtax
-
-
-
-
total
-
4 410
-
-
Dividends
-
16 590
-
-
withholding
-
4 646
-
-
total
-
4 646
-
-
Income
21 000
21 000
21 000
21 000
Total tax
24 882
9 056
8 258
8 523
After tax
-3 882
11 944
12 742
12 477
Living cost
30 547
30 547
30 547
30 547
Free-cash
-34 429
-18 603
-17 805
-18 070

Estimated living cost  is ₽30547 per week

₽22855
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1802
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5380
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽36455
-₽59045
-₽34547
-₽33302
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
health
-
-
-
261
surtax
-
-
-
-
pensions
-
-
-
6 999
other
-
-
-
651
social contributions
-
-
-
599
total
-
-
-
8 510
Employee
60 995
-
16 001
-
pensions
6 899
-
1 809
-
social contributions
1 737
-
456
-
income
5 322
-
-
-
surtax
-
-
-
-
total
13 958
-
2 265
-
Employer
60 995
-
16 001
-
social contributions
183
-
48
-
health
4 269
-
1 120
-
pensions
10 022
-
2 630
-
other
2 105
-
553
-
unemployment
2 471
-
649
-
total
19 050
-
5 000
-
Corporate
-
21 000
-
-
income
-
5 881
-
-
surtax
-
-
-
-
total
-
5 881
-
-
Dividends
-
15 119
-
-
social contributions
-
2 602
-
-
surtax
-
-
-
-
withholding
-
1 935
-
-
total
-
4 537
-
-
Income
21 000
21 000
21 000
21 000
Total tax
33 008
10 418
7 265
8 510
After tax
-12 008
10 582
13 735
12 490
Living cost
47 037
47 037
47 037
47 037
Free-cash
-59 045
-36 455
-33 302
-34 547

Estimated living cost  is ₽47037 per week

₽31833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3848
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽645
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10710
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10373
-₽15162
-₽12894
-₽12273
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 620
total
-
-
-
4 620
Employee
31 309
-
18 182
-
social contributions
2 035
-
1 181
-
income
-
-
-
-
total
2 035
-
1 181
-
Employer
31 309
-
18 182
-
social contributions
4 853
-
2 818
-
total
4 853
-
2 818
-
Corporate
-
21 000
-
-
income
-
2 099
-
-
total
-
2 099
-
-
Dividends
-
18 901
-
-
total
-
-
-
-
Income
21 000
21 000
21 000
21 000
Total tax
6 888
2 099
3 999
4 620
After tax
14 112
18 901
17 001
16 380
Living cost
29 274
29 274
29 274
29 274
Free-cash
-15 162
-10 373
-12 273
-12 894

Estimated living cost  is ₽29274 per week

₽18928
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2207
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7588
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽190775
-₽190775
-₽30939
-₽190775
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 606
national
-
-
-
1 066
labour market
-
-
-
1 613
pensions
-
-
-
843
total
-
-
-
5 128
Employee
197 579
197 579
197 579
-
national
24 138
24 138
24 138
-
pensions
281
281
281
-
municipal
42 073
42 073
42 073
-
labour market
15 784
15 784
15 784
-
total
82 276
82 276
82 276
-
Employer
197 579
197 579
197 579
-
municipal
42 140
42 140
42 140
-
labour market
15 806
15 806
15 806
-
national
24 180
24 180
24 180
-
pensions
562
562
562
-
total
82 688
82 688
82 688
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
21 000
21 000
21 000
21 000
Total tax
164 964
164 964
164 964
5 128
After tax
-143 964
-143 964
-143 964
15 872
Living cost
46 811
46 811
46 811
46 811
Free-cash
-190 775
-190 775
-190 775
-30 939

Estimated living cost  is ₽46811 per week

₽32038
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4141
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽720
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9912
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19089
-₽18370
-₽9012
-₽9700
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
242
income
-
-
-
2 542
health
-
-
-
2 092
pensions
-
-
-
3 991
other
-
-
-
355
total
-
-
-
9 222
Employee
32 704
-
17 445
-
pensions
3 683
-
1 964
-
income
4 487
-
2 393
-
health
3 745
-
1 998
-
total
11 915
-
6 355
-
Employer
32 704
-
17 445
-
pensions
5 318
-
2 837
-
accident
546
-
291
-
unemployment
801
-
427
-
total
6 665
-
3 555
-
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
18 580
19 299
9 910
9 222
After tax
2 420
1 701
11 090
11 778
Living cost
20 790
20 790
20 790
20 790
Free-cash
-18 370
-19 089
-9 700
-9 012

Estimated living cost  is ₽20790 per week

₽15133
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1185
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽390
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4082
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22858
-₽39905
-₽20168
-₽24097
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
3 779
national
-
-
-
-
health
-
-
-
-
total
-
-
-
3 779
Employee
51 237
-
17 666
-
national
846
-
-
-
pensions
3 458
-
1 192
-
unemployment
769
-
264
-
municipal
8 392
-
2 918
-
health
383
-
-
-
total
13 848
-
4 374
-
Employer
51 237
-
17 666
-
health
394
-
137
-
pensions
8 889
-
3 064
-
accident
52
-
18
-
unemployment
333
-
115
-
total
9 668
-
3 334
-
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
-
2 268
-
-
national
-
-
-
-
total
-
2 268
-
-
Income
21 000
21 000
21 000
21 000
Total tax
23 516
6 469
7 708
3 779
After tax
-2 516
14 531
13 292
17 221
Living cost
37 389
37 389
37 389
37 389
Free-cash
-39 905
-22 858
-24 097
-20 168

Estimated living cost  is ₽37389 per week

₽24423
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3596
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8777
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23569
-₽16574
-₽8267
-₽15057
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 022
income
-
-
-
-
health
-
-
-
944
social contributions
-
-
-
5 775
total
-
-
-
6 719
Employee
74 886
74 886
74 886
-
social contributions
2 831
6 215
2 096
-
income
8 154
6 932
8 420
-
health
580
1 273
429
-
total
11 565
14 420
10 945
-
Employer
74 886
74 886
74 886
-
social contributions
2 831
6 215
2 096
-
health
630
1 386
468
-
total
3 461
7 601
2 564
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
21 000
21 000
21 000
21 000
Total tax
15 026
22 021
13 509
6 719
After tax
5 974
-1 021
7 491
14 281
Living cost
22 548
22 548
22 548
22 548
Free-cash
-16 574
-23 569
-15 057
-8 267

Estimated living cost  is ₽22548 per week

₽13513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2212
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6324
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1926
-₽3654
-₽5222
-₽2298
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
28
income
-
-
-
1 013
health
-
-
-
3 524
pensions
-
-
-
6 195
total
-
-
-
10 760
Employee

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

22 354
-
19 037
-
pensions
3 352
-
2 855
-
unemployment
111
-
96
-
income
1 528
-
1 303
-
health
1 900
-
1 619
-
total
6 891
-
5 873
-
Employer

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

22 354
-
19 037
-
health
961
-
819
-
pensions
1 229
-
1 048
-
unemployment
111
-
96
-
total
2 301
-
1 963
-
Corporate
-
21 000
-
-
income
-
1 891
-
-
total
-
1 891
-
-
Dividends
-
19 109
-
-
withholding
-
1 721
-
-
total
-
1 721
-
-
Income
21 000
21 000
21 000
21 000
Total tax
9 192
3 612
7 836
10 760
After tax
11 808
17 388
13 164
10 240
Living cost
15 462
15 462
15 462
15 462
Free-cash
-3 654
1 926
-2 298
-5 222

Estimated living cost  is ₽15462 per week

₽9865
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1114
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4021
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12455
-₽26488
-₽14872
-₽19842
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
148
accident
-
-
-
189
income
-
-
-
2 792
pensions
-
-
-
5 943
other
-
-
-
20
total
-
-
-
9 092
Employee
36 010
-
10 632
-
pensions
1 693
-
1 528
-
unemployment
558
-
505
-
income
6 942
-
1 628
-
other
35
-
33
-
total
9 228
-
3 694
-
Employer
36 010
-
10 632
-
pensions
8 498
-
7 675
-
accident
713
-
643
-
other
288
-
261
-
unemployment
1 981
-
1 789
-
total
11 480
-
10 368
-
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
-
3 526
-
-
total
-
3 526
-
-
Income
21 000
21 000
21 000
21 000
Total tax
20 708
6 675
14 062
9 092
After tax
292
14 325
6 938
11 908
Living cost
26 780
26 780
26 780
26 780
Free-cash
-26 488
-12 455
-19 842
-14 872

Estimated living cost  is ₽26780 per week

₽18076
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5661
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11443
₽11171
₽11014
₽10896
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 235
health
-
-
-
878
pensions
-
-
-
1 212
total
-
-
-
8 325
Employee
2 530
-
19 637
-
pensions
228
-
545
-
unemployment
25
-
61
-
income
489
-
6 172
-
health
126
-
303
-
total
868
-
7 081
-
Employer
2 530
-
19 637
-
health
240
-
575
-
pensions
278
-
666
-
unemployment
51
-
121
-
total
569
-
1 362
-
Corporate
17 901
21 000
-
-
income
3 938
4 620
-
-
total
3 938
4 620
-
-
Dividends
13 963
16 380
-
-
withholding
2 793
3 276
-
-
total
2 793
3 276
-
-
Income
21 000
21 000
21 000
21 000
Total tax
8 168
7 896
8 443
8 325
After tax
12 832
13 104
12 557
12 675
Living cost
1 661
1 661
1 661
1 661
Free-cash
11 171
11 443
10 896
11 014

Estimated living cost  is ₽1661 per week

₽987
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽135
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽38
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽501
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
-₽1654
-₽8914
-₽5446
-₽4542
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
315
income
-
-
-
1 682
health
-
-
-
2 163
pensions
-
-
-
5 460
total
-
-
-
9 620
Employee

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

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

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

25 373
-
17 812
-
pensions
3 552
-
2 494
-
unemployment
190
-
134
-
income
3 497
-
1 983
-
health
1 307
-
917
-
total
8 546
-
5 528
-
Employer

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

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

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

25 373
-
17 812
-
health
1 307
-
917
-
pensions
3 045
-
2 137
-
unemployment
190
-
134
-
total
4 542
-
3 188
-
Corporate
-
21 000
-
-
income
-
3 150
-
-
total
-
3 150
-
-
Dividends
-
17 850
-
-
withholding
-
2 678
-
-
total
-
2 678
-
-
Income
21 000
21 000
21 000
21 000
Total tax
13 088
5 828
8 716
9 620
After tax
7 912
15 172
12 284
11 380
Living cost
16 826
16 826
16 826
16 826
Free-cash
-8 914
-1 654
-4 542
-5 446

Estimated living cost  is ₽16826 per week

₽11329
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1302
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3709
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14311
-₽25774
-₽13778
-₽13513
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
7 298
total
-
-
-
8 523
Employee
37 798
-
16 969
-
social contributions
4 158
-
1 867
-
income
7 385
-
2 360
-
surtax
-
-
-
-
total
11 543
-
4 227
-
Employer
37 798
-
16 969
-
social contributions
8 976
-
4 031
-
total
8 976
-
4 031
-
Corporate
-
21 000
-
-
income
-
4 410
-
-
surtax
-
-
-
-
total
-
4 410
-
-
Dividends
-
16 590
-
-
withholding
-
4 646
-
-
total
-
4 646
-
-
Income
21 000
21 000
21 000
21 000
Total tax
20 519
9 056
8 258
8 523
After tax
481
11 944
12 742
12 477
Living cost
26 255
26 255
26 255
26 255
Free-cash
-25 774
-14 311
-13 513
-13 778

Estimated living cost  is ₽26255 per week

₽18596
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1824
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5371
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
-₽19901
-₽41029
-₽22318
-₽27288
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
148
accident
-
-
-
189
income
-
-
-
2 792
pensions
-
-
-
5 943
other
-
-
-
20
total
-
-
-
9 092
Employee
47 033
-
10 632
-
pensions
2 210
-
1 528
-
unemployment
728
-
505
-
income
9 824
-
1 628
-
other
46
-
33
-
total
12 808
-
3 694
-
Employer
47 033
-
10 632
-
pensions
11 100
-
7 675
-
accident
931
-
643
-
other
377
-
261
-
unemployment
2 587
-
1 789
-
total
14 995
-
10 368
-
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
-
3 526
-
-
total
-
3 526
-
-
Income
21 000
21 000
21 000
21 000
Total tax
27 803
6 675
14 062
9 092
After tax
-6 803
14 325
6 938
11 908
Living cost
34 226
34 226
34 226
34 226
Free-cash
-41 029
-19 901
-27 288
-22 318

Estimated living cost  is ₽34226 per week

₽24580
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2661
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6503
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽848
-₽6097
-₽4864
-₽3850
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
84
income
-
-
-
3 150
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
22 652
-
17 556
-
pensions

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

1 989
-
1 542
-
income
2 266
-
1 756
-
health
1 042
-
808
-
accident

We are using the highest rate at 1.1%.

249
-
193
-
total
5 546
-
4 299
-
Employer
22 652
-
17 556
-
health
1 563
-
1 211
-
pensions

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

2 496
-
1 935
-
accident

We are using the highest rate at 1.1%.

249
-
193
-
unemployment
136
-
105
-
total
4 444
-
3 444
-
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
9 990
3 045
7 743
8 757
After tax
11 010
17 955
13 257
12 243
Living cost
17 107
17 107
17 107
17 107
Free-cash
-6 097
848
-3 850
-4 864

Estimated living cost  is ₽17107 per week

₽11314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽979
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26544
-₽27456
-₽23251
-₽23251
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
-
health

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

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

-
-
-
6 653
surtax

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

-
-
-
-
total
-
-
-
6 653
Employee

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

48 456
-
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.

3 985
-
-
-
surtax

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

220
-
-
-
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.

6 653
-
6 653
-
total
10 858
-
6 653
-
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
-
-
trade
-
3 014
-
-
chamber of commerce
-
179
-
-
total
-
6 516
-
-
Dividends
-
14 484
-
-
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.

-
179
-
-
withholding
-
3 251
-
-
total
-
3 430
-
-
Income
21 000
21 000
21 000
21 000
Total tax
10 858
9 946
6 653
6 653
After tax
10 142
11 054
14 347
14 347
Living cost
37 598
37 598
37 598
37 598
Free-cash
-27 456
-26 544
-23 251
-23 251

Estimated living cost  is ₽37598 per week

₽25936
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7071
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽40776
-₽55180
-₽36098
-₽36098
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 151
social contributions
-
-
-
471
total
-
-
-
1 622
Employee
76 178
-
21 000
-
social contributions
6 329
-
471
-
income
14 375
-
1 151
-
total
20 704
-
1 622
-
Employer
76 178
-
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
20 704
6 300
1 622
1 622
After tax
296
14 700
19 378
19 378
Living cost
55 476
55 476
55 476
55 476
Free-cash
-55 180
-40 776
-36 098
-36 098

Estimated living cost  is ₽55476 per week

₽42205
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4520
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24609
-₽31059
-₽48183
-₽18232
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 721
health

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

-
-
-
6 110
total
-
-
-
33 831
Employee
44 675
-
19 087
-
social contributions
4 476
-
1 913
-
income
4 848
-
54
-
total
9 324
-
1 967
-
Employer
44 675
-
19 087
-
social contributions
4 476
-
1 913
-
total
4 476
-
1 913
-
Corporate
-
21 000
-
-
income
-
7 350
-
-
total
-
7 350
-
-
Dividends
-
13 650
-
-
social contributions
2 907
2 907
-
-
total
2 907
2 907
-
-
Income
21 000
21 000
21 000
21 000
Total tax
16 707
10 257
3 880
33 831
After tax
4 293
10 743
17 120
-12 831
Living cost
35 352
35 352
35 352
35 352
Free-cash
-31 059
-24 609
-18 232
-48 183

Estimated living cost  is ₽35352 per week

₽23286
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2787
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8736
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20506
-₽34716
-₽19647
-₽20631
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 147
pensions
-
-
-
260
total
-
-
-
4 407
Employee
49 745
-
19 739
-
pensions
3 797
-
196
-
income
9 059
-
3 902
-
health
649
-
34
-
total
13 505
-
4 132
-
Employer
49 745
-
19 739
-
health
945
-
376
-
pensions
5 026
-
883
-
total
5 971
-
1 259
-
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.

-
3 990
-
-
total
-
3 990
-
-
Dividends
-
17 010
-
-
withholding
-
1 276
-
-
total
-
1 276
-
-
Income
21 000
21 000
21 000
21 000
Total tax
19 476
5 266
5 391
4 407
After tax
1 524
15 734
15 609
16 593
Living cost
36 240
36 240
36 240
36 240
Free-cash
-34 716
-20 506
-20 631
-19 647

Estimated living cost  is ₽36240 per week

₽24860
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3333
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽21147
-₽22265
-₽11070
-₽11758
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
242
income
-
-
-
2 542
health
-
-
-
2 092
pensions
-
-
-
3 991
other
-
-
-
355
total
-
-
-
9 222
Employee
35 941
-
17 445
-
pensions
4 047
-
1 964
-
income
4 931
-
2 393
-
health
4 115
-
1 998
-
total
13 093
-
6 355
-
Employer
35 941
-
17 445
-
pensions
5 844
-
2 837
-
accident
600
-
291
-
unemployment
880
-
427
-
total
7 324
-
3 555
-
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
20 417
19 299
9 910
9 222
After tax
583
1 701
11 090
11 778
Living cost
22 848
22 848
22 848
22 848
Free-cash
-22 265
-21 147
-11 758
-11 070

Estimated living cost  is ₽22848 per week

₽16768
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1331
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4288
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4684
-₽66
-₽41
-₽41
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
252
health insurance
-
-
-
1 554
income
-
-
-
2 100
work injury
-
-
-
105
pensions
-
-
-
3 864
total
-
-
-
7 875
Employee

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

21 066
-
21 000
-
work injury
105
-
105
-
pensions
3 876
-
3 864
-
unemployment
253
-
252
-
income
2 107
-
2 100
-
health insurance
1 559
-
1 554
-
total
7 900
-
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
7 900
3 150
7 875
7 875
After tax
13 100
17 850
13 125
13 125
Living cost
13 166
13 166
13 166
13 166
Free-cash
-66
4 684
-41
-41

Estimated living cost  is ₽13166 per week

₽8157
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽411
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

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Rome , Italy
-₽27737
-₽61066
-₽28794
-₽30538
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
122
national
-
-
-
3 094
regional
-
-
-
233
social contributions
-
-
-
7 548
total
-
-
-
10 997
Employee
82 064
-
21 000
-
national
13 868
-
2 554
-
social contributions
27 672
-
9 895
-
municipal
490
-
100
-
regional
1 239
-
192
-
total
43 269
-
12 741
-
Employer
82 064
-
21 000
-
total
-
-
-
-
Corporate
-
21 000
-
-
municipal
-
1 013
-
-
nationa
-
5 040
-
-
total
-
6 053
-
-
Dividends
-
14 947
-
-
withholding
-
3 887
-
-
total
-
3 887
-
-
Income
21 000
21 000
21 000
21 000
Total tax
43 269
9 940
12 741
10 997
After tax
-22 269
11 060
8 259
10 003
Living cost
38 797
38 797
38 797
38 797
Free-cash
-61 066
-27 737
-30 538
-28 794

Estimated living cost  is ₽38797 per week

₽27252
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2669
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.
₽8289
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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