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
₽ 22500
per

Your estimated
City
free-cash

Dresden , Germany
-₽18822
-₽15917
-₽14785
-₽14785
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
22 500
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.

-
-
-
6 862
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
-
-
-
6 862
Employee

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

38 417
-
22 500
-
health

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

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

6 862
-
6 862
-
surtax

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

59
-
-
-
income

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

1 073
-
-
-
total
7 994
-
6 862
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
22 500
-
-
surtax

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

-
185
-
-
income
-
3 376
-
-
trade
-
3 543
-
-
chamber of commerce
-
185
-
-
total
-
7 289
-
-
Dividends
-
15 211
-
-
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.

-
189
-
-
withholding
-
3 421
-
-
total
-
3 610
-
-
Income
22 500
22 500
22 500
22 500
Total tax
7 994
10 899
6 862
6 862
After tax
14 506
11 601
15 638
15 638
Living cost
30 423
30 423
30 423
30 423
Free-cash
-15 917
-18 822
-14 785
-14 785

Estimated living cost  is ₽30423 per week

₽19137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7171
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽36643
-₽63198
-₽34636
-₽34459
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
22 500
municipal
-
-
-
1 377
pensions
-
-
-
2 700
national
-
-
-
2 134
social contributions
-
-
-
242
total
-
-
-
6 453
Employee
78 568
-
19 451
-
municipal
9 704
-
1 464
-
pensions
3 143
-
778
-
national
15 038
-
2 269
-
total
27 885
-
4 511
-
Employer
78 568
-
19 451
-
social contributions
845
-
209
-
pensions
6 285
-
1 556
-
total
7 130
-
1 765
-
Corporate
-
22 500
-
-
income

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

-
4 500
-
-
total
-
4 500
-
-
Dividends
-
18 000
-
-
withholding
-
3 960
-
-
total
-
3 960
-
-
Income
22 500
22 500
22 500
22 500
Total tax
35 015
8 460
6 276
6 453
After tax
-12 515
14 040
16 224
16 047
Living cost
50 683
50 683
50 683
50 683
Free-cash
-63 198
-36 643
-34 459
-34 636

Estimated living cost  is ₽50683 per week

₽34449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽759
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2896
-₽13920
-₽4934
-₽7986
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
22 500
microenterprise
-
-
-
3 376
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.

-
-
-
3 162
total
-
-
-
6 538
Employee
29 350
-
18 131
-
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.

3 229
-
1 994
-
surtax
-
-
-
-
income
5 225
-
3 227
-
total
8 454
-
5 221
-
Employer
29 350
-
18 131
-
social contributions

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

7 070
-
4 369
-
surtax
-
-
-
-
total
7 070
-
4 369
-
Corporate
-
22 500
-
-
income

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

-
4 500
-
-
total
-
4 500
-
-
Dividends

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

-
18 000
-
-
total
-
-
-
-
Income
22 500
22 500
22 500
22 500
Total tax
15 524
4 500
9 590
6 538
After tax
6 976
18 000
12 910
15 962
Living cost
20 896
20 896
20 896
20 896
Free-cash
-13 920
-2 896
-7 986
-4 934

Estimated living cost  is ₽20896 per week

₽13331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1990
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.
₽5101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽71603
-₽77241
-₽29105
-₽77241
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
22 500
income
-
-
-
2 024
pensions
-
-
-
4 050
health
-
-
-
3 454
total
-
-
-
9 528
Employee
85 774
85 774
85 774
-
health
13 165
11 198
13 165
-
income

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

14 040
14 040
14 040
-
pensions
15 439
11 768
15 439
-
total
42 644
37 006
42 644
-
Employer
85 774
85 774
85 774
-
unemployment
3 088
3 088
3 088
-
pensions
5 970
5 970
5 970
-
health
5 962
5 962
5 962
-
total
15 020
15 020
15 020
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
22 500
22 500
22 500
22 500
Total tax
57 664
52 026
57 664
9 528
After tax
-35 164
-29 526
-35 164
12 972
Living cost
42 077
42 077
42 077
42 077
Free-cash
-77 241
-71 603
-77 241
-29 105

Estimated living cost  is ₽42077 per week

₽29819
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽669
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26678
-₽50462
-₽27748
-₽26947
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
22 500
municipal
-
-
-
4 766
accident
-
-
-
45
pensions
-
-
-
2 432
other
-
-
-
2 615
unemployment
-
-
-
23
health
-
-
-
1 404
national
-
-
-
-
total
-
-
-
11 285
Employee
55 518
-
17 121
-
municipal
16 556
-
5 105
-
national
-
-
-
-
total
16 556
-
5 105
-
Employer
55 518
-
17 121
-
accident
111
-
34
-
other
6 451
-
1 989
-
unemployment
1 466
-
452
-
pensions
6 001
-
1 851
-
health
3 414
-
1 053
-
total
17 443
-
5 379
-
Corporate
-
22 500
-
-
income
-
4 950
-
-
total
-
4 950
-
-
Dividends
-
17 550
-
-
withholding
-
5 265
-
-
total
-
5 265
-
-
Income
22 500
22 500
22 500
22 500
Total tax
33 999
10 215
10 484
11 285
After tax
-11 499
12 285
12 016
11 215
Living cost
38 963
38 963
38 963
38 963
Free-cash
-50 462
-26 678
-26 947
-27 748

Estimated living cost  is ₽38963 per week

₽25823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and 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 Stockholm model

Close
Hamburg , Germany
-₽27974
-₽28436
-₽23820
-₽23820
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
22 500
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.

-
-
-
6 862
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
-
-
-
6 862
Employee

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

50 937
-
22 500
-
health

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

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

6 862
-
6 862
-
surtax

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

240
-
-
-
income

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

4 376
-
-
-
total
11 478
-
6 862
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
22 500
-
-
surtax

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

-
185
-
-
income
-
3 376
-
-
trade
-
3 702
-
-
chamber of commerce
-
185
-
-
total
-
7 448
-
-
Dividends
-
15 053
-
-
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.

-
187
-
-
withholding
-
3 381
-
-
total
-
3 568
-
-
Income
22 500
22 500
22 500
22 500
Total tax
11 478
11 016
6 862
6 862
After tax
11 022
11 484
15 638
15 638
Living cost
39 458
39 458
39 458
39 458
Free-cash
-28 436
-27 974
-23 820
-23 820

Estimated living cost  is ₽39458 per week

₽26390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4161
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.
₽8318
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽32792
-₽27300
-₽17010
-₽24011
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 184
income
-
-
-
-
health
-
-
-
974
social contributions
-
-
-
5 957
total
-
-
-
6 931
Employee
77 236
77 236
77 236
-
social contributions
3 753
6 410
2 162
-
health
768
1 313
442
-
income
8 110
7 150
8 684
-
total
12 631
14 873
11 288
-
Employer
77 236
77 236
77 236
-
social contributions
3 753
6 410
2 162
-
health
837
1 430
482
-
total
4 590
7 840
2 644
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
22 500
22 500
22 500
22 500
Total tax
17 221
22 713
13 932
6 931
After tax
5 279
-213
8 568
15 569
Living cost
32 579
32 579
32 579
32 579
Free-cash
-27 300
-32 792
-24 011
-17 010

Estimated living cost  is ₽32579 per week

₽22271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5265
-₽8945
-₽2643
-₽5186
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
22 500
income
-
-
-
2 751
pensions
-
-
-
2 250
unemployment
-
-
-
338
health
-
-
-
1 575
total
-
-
-
6 914
Employee

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

The minimum wage is 138,000 HUF per month.

26 314
10 473
18 828
-
health
1 842
733
1 318
-
income
3 217
1 280
2 302
-
pensions
2 631
1 047
1 883
-
unemployment
395
157
282
-
total
8 085
3 217
5 785
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 314
10 473
18 828
-
pensions
5 131
2 042
3 672
-
total
5 131
2 042
3 672
-
Corporate
-
9 985
-
-
income
-
899
-
-
total
-
899
-
-
Dividends
-
9 087
-
-
social contributions
-
1 652
-
-
withholding
-
1 726
-
-
total
-
3 378
-
-
Income
22 500
22 500
22 500
22 500
Total tax
13 216
9 536
9 457
6 914
After tax
9 284
12 964
13 043
15 586
Living cost
18 229
18 229
18 229
18 229
Free-cash
-8 945
-5 265
-5 186
-2 643

Estimated living cost  is ₽18229 per week

₽12440
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1491
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3934
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6261
-₽15627
-₽9915
-₽9003
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
22 500
income
-
-
-
728
pensions
-
-
-
4 500
health
-
-
-
2 926
total
-
-
-
8 154
Employee
28 494
-
16 814
-
income
3 208
-
955
-
pensions
570
-
335
-
unemployment
456
-
269
-
total
4 234
-
1 559
-
Employer
28 494
-
16 814
-
unemployment
229
-
135
-
pensions
5 699
-
3 362
-
health
3 704
-
2 186
-
total
9 632
-
5 683
-
Corporate
-
22 500
-
-
income
-
4 500
-
-
total
-
4 500
-
-
Dividends
-
18 000
-
-
total
-
-
-
-
Income
22 500
22 500
22 500
22 500
Total tax
13 866
4 500
7 242
8 154
After tax
8 634
18 000
15 258
14 346
Living cost
24 261
24 261
24 261
24 261
Free-cash
-15 627
-6 261
-9 003
-9 915

Estimated living cost  is ₽24261 per week

₽16640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20222
-₽19247
-₽9278
-₽10163
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
22 500
accident
-
-
-
253
income
-
-
-
2 755
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
9 733
Employee
34 678
-
18 691
-
health
3 971
-
2 140
-
income
4 758
-
2 564
-
pensions
3 905
-
2 105
-
total
12 634
-
6 809
-
Employer
34 678
-
18 691
-
accident
579
-
312
-
unemployment
850
-
458
-
pensions
5 639
-
3 039
-
total
7 068
-
3 809
-
Corporate
-
22 500
-
-
income

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

-
20 250
-
-
total
-
20 250
-
-
Dividends
-
2 250
-
-
withholding
-
427
-
-
total
-
427
-
-
Income
22 500
22 500
22 500
22 500
Total tax
19 702
20 677
10 618
9 733
After tax
2 798
1 823
11 882
12 767
Living cost
22 045
22 045
22 045
22 045
Free-cash
-19 247
-20 222
-10 163
-9 278

Estimated living cost  is ₽22045 per week

₽16157
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1221
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.
₽4207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12275
₽10569
₽13175
₽8900
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
22 500
microenterprise

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

-
-
-
225
total
-
-
-
225
Employee
11 375
-
22 500
-
income
2 275
-
4 500
-
total
2 275
-
4 500
-
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%.

11 125
22 500
-
-
total
-
-
-
-
Dividends
11 125
22 500
-
-
withholding
556
1 125
-
-
total
556
1 125
-
-
Income
22 500
22 500
22 500
22 500
Total tax
2 831
1 125
4 500
225
After tax
19 669
21 375
18 000
22 275
Living cost
9 100
9 100
9 100
9 100
Free-cash
10 569
12 275
8 900
13 175

Estimated living cost  is ₽9100 per week

₽5639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10234
-₽23162
-₽14579
-₽13576
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
22 500
income
-
-
-
2 857
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.

-
-
-
5 400
other
-
-
-
1 069
health
-
-
-
989
total
-
-
-
10 315
Employee
36 470
-
17 971
-
health
511
-
252
-
income
6 279
-
3 094
-
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.

2 552
-
1 258
-
unemployment
364
-
179
-
total
9 706
-
4 783
-
Employer
36 470
-
17 971
-
accident
292
-
143
-
other
1 824
-
900
-
unemployment
364
-
179
-
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.

6 201
-
3 055
-
health
511
-
252
-
total
9 192
-
4 529
-
Corporate
-
22 500
-
-
income
-
4 725
-
-
total
-
4 725
-
-
Dividends
-
17 775
-
-
withholding
-
1 245
-
-
total
-
1 245
-
-
Income
22 500
22 500
22 500
22 500
Total tax
18 898
5 970
9 312
10 315
After tax
3 602
16 530
13 188
12 185
Living cost
26 764
26 764
26 764
26 764
Free-cash
-23 162
-10 234
-13 576
-14 579

Estimated living cost  is ₽26764 per week

₽18910
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5615
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽50246
-₽85452
-₽49381
-₽50513
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
22 500
income
-
-
-
4 430
pensions
-
-
-
349
total
-
-
-
4 779
Employee
94 939
-
21 084
-
health
1 564
-
51
-
income
17 114
-
4 148
-
pensions
9 159
-
296
-
total
27 837
-
4 495
-
Employer
94 939
-
21 084
-
pensions
11 210
-
1 016
-
health
1 803
-
400
-
total
13 013
-
1 416
-
Corporate
-
22 500
-
-
income

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

-
4 276
-
-
total
-
4 276
-
-
Dividends
-
18 224
-
-
withholding
-
1 368
-
-
total
-
1 368
-
-
Income
22 500
22 500
22 500
22 500
Total tax
40 850
5 644
5 911
4 779
After tax
-18 350
16 856
16 589
17 721
Living cost
67 102
67 102
67 102
67 102
Free-cash
-85 452
-50 246
-50 513
-49 381

Estimated living cost  is ₽67102 per week

₽50281
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽6070
₽1404
-₽50
₽1036
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
22 500
income
-
-
-
3 375
pensions

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

-
-
-
3 330
unemployment
-
-
-
90
health
-
-
-
2 587
total
-
-
-
9 382
Employee
17 436
-
18 810
-
health
802
-
865
-
accident

We are using the highest rate at 1.1%.

192
-
207
-
income
1 743
-
1 881
-
pensions

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

1 531
-
1 652
-
total
4 268
-
4 605
-
Employer
17 436
-
18 810
-
accident

We are using the highest rate at 1.1%.

192
-
207
-
unemployment
104
-
113
-
pensions

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

1 922
-
2 073
-
health
1 203
-
1 298
-
total
3 421
-
3 691
-
Corporate
1 643
22 500
-
-
income
165
2 250
-
-
total
165
2 250
-
-
Dividends
1 478
20 250
-
-
withholding
74
1 012
-
-
total
74
1 012
-
-
Income
22 500
22 500
22 500
22 500
Total tax
7 928
3 262
8 296
9 382
After tax
14 572
19 238
14 204
13 118
Living cost
13 168
13 168
13 168
13 168
Free-cash
1 404
6 070
1 036
-50

Estimated living cost  is ₽13168 per week

₽7687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽85223
-₽86928
-₽42725
-₽90861
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
22 500
income
-
-
-
2 024
pensions
-
-
-
4 050
health
-
-
-
3 454
total
-
-
-
9 528
Employee
93 123
85 774
85 774
-
health
11 618
11 198
13 165
-
income

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

14 040
14 040
14 040
-
pensions
11 768
11 768
15 439
-
total
37 426
37 006
42 644
-
Employer
93 123
85 774
85 774
-
unemployment
3 353
3 088
3 088
-
pensions
6 481
5 970
5 970
-
health
6 471
5 962
5 962
-
total
16 305
15 020
15 020
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
22 500
22 500
22 500
22 500
Total tax
53 731
52 026
57 664
9 528
After tax
-31 231
-29 526
-35 164
12 972
Living cost
55 697
55 697
55 697
55 697
Free-cash
-86 928
-85 223
-90 861
-42 725

Estimated living cost  is ₽55697 per week

₽41086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8528
-₽24832
-₽13060
-₽12601
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
22 500
income
-
-
-
1 934
health
-
-
-
3 037
solidarity contribution
-
-
-
-
social contributions
-
-
-
6 570
total
-
-
-
11 541
Employee
35 322
-
16 791
-
social contributions
2 296
-
1 091
-
health
4 768
-
2 267
-
solidarity contribution
-
-
-
-
income
4 239
-
2 015
-
total
11 303
-
5 373
-
Employer
35 322
-
16 791
-
social contributions
8 831
-
4 198
-
health
3 179
-
1 511
-
total
12 010
-
5 709
-
Corporate
-
22 500
-
-
income
-
4 275
-
-
total
-
4 275
-
-
Dividends
-
18 225
-
-
withholding
-
2 734
-
-
total
-
2 734
-
-
Income
22 500
22 500
22 500
22 500
Total tax
23 313
7 009
11 082
11 541
After tax
-813
15 491
11 418
10 959
Living cost
24 019
24 019
24 019
24 019
Free-cash
-24 832
-8 528
-12 601
-13 060

Estimated living cost  is ₽24019 per week

₽16684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30378
-₽66767
-₽31351
-₽33167
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
22 500
municipal
-
-
-
118
regional
-
-
-
181
national
-
-
-
3 385
social contributions
-
-
-
7 784
total
-
-
-
11 468
Employee
89 267
-
22 500
-
social contributions
30 101
-
10 205
-
regional
842
-
151
-
municipal
473
-
99
-
national
15 468
-
2 829
-
total
46 884
-
13 284
-
Employer
89 267
-
22 500
-
total
-
-
-
-
Corporate
-
22 500
-
-
nationa
-
5 400
-
-
municipal
-
877
-
-
total
-
6 277
-
-
Dividends
-
16 223
-
-
withholding
-
4 218
-
-
total
-
4 218
-
-
Income
22 500
22 500
22 500
22 500
Total tax
46 884
10 495
13 284
11 468
After tax
-24 384
12 005
9 216
11 032
Living cost
42 383
42 383
42 383
42 383
Free-cash
-66 767
-30 378
-33 167
-31 351

Estimated living cost  is ₽42383 per week

₽29544
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽650
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9408
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8011
-₽17708
-₽9225
-₽9699
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
22 500
income
-
-
-
3 235
pensions
-
-
-
4 500
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
1 597
surtax
-
-
-
-
total
-
-
-
9 561
Employee
33 216
-
18 589
-
other
-
-
-
-
health
848
-
475
-
surtax
109
-
-
-
income
5 568
-
3 116
-
pensions
2 215
-
1 239
-
unemployment
2 312
-
1 294
-
total
11 052
-
6 124
-
Employer
33 216
-
18 589
-
other
-
-
-
-
unemployment
1 052
-
589
-
pensions
4 428
-
2 478
-
health
1 512
-
844
-
total
6 992
-
3 911
-
Corporate
-
22 500
-
-
income
-
5 850
-
-
total
-
5 850
-
-
Dividends
-
16 650
-
-
withholding
-
2 497
-
-
total
-
2 497
-
-
Income
22 500
22 500
22 500
22 500
Total tax
18 044
8 347
10 035
9 561
After tax
4 456
14 153
12 465
12 939
Living cost
22 164
22 164
22 164
22 164
Free-cash
-17 708
-8 011
-9 699
-9 225

Estimated living cost  is ₽22164 per week

₽13552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28986
-₽49221
-₽28121
-₽29253
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
22 500
income
-
-
-
4 430
pensions
-
-
-
349
total
-
-
-
4 779
Employee
63 626
-
21 084
-
health
924
-
51
-
income
11 459
-
4 148
-
pensions
5 400
-
296
-
total
17 783
-
4 495
-
Employer
63 626
-
21 084
-
pensions
6 887
-
1 016
-
health
1 209
-
400
-
total
8 096
-
1 416
-
Corporate
-
22 500
-
-
income

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

-
4 276
-
-
total
-
4 276
-
-
Dividends
-
18 224
-
-
withholding
-
1 368
-
-
total
-
1 368
-
-
Income
22 500
22 500
22 500
22 500
Total tax
25 879
5 644
5 911
4 779
After tax
-3 379
16 856
16 589
17 721
Living cost
45 842
45 842
45 842
45 842
Free-cash
-49 221
-28 986
-29 253
-28 121

Estimated living cost  is ₽45842 per week

₽34345
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽66102
-₽75410
-₽57026
-₽59892
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
22 500
city
-
-
-
235
pensions
-
-
-
2 072
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.

-
-
-
449
regional
-
-
-
131
health
-
-
-
249
national
-
-
-
-
total
-
-
-
3 136
Employee
89 396
-
19 222
-
city
959
-
194
-
regional
2 927
-
63
-
health
202
-
43
-
pensions
7 510
-
2 637
-
unemployment
-
-
-
-
national
423
-
-
-
total
12 021
-
2 937
-
Employer
89 396
-
19 222
-
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.

1 787
-
385
-
unemployment
-
-
-
-
pensions
7 510
-
2 637
-
health
202
-
43
-
total
9 499
-
3 065
-
Corporate
-
22 500
-
-
regional
-
4 758
-
-
national
-
1 913
-
-
total
-
6 671
-
-
Dividends
-
15 829
-
-
withholding
-
5 541
-
-
total
-
5 541
-
-
Income
22 500
22 500
22 500
22 500
Total tax
21 520
12 212
6 002
3 136
After tax
980
10 288
16 498
19 364
Living cost
76 390
76 390
76 390
76 390
Free-cash
-75 410
-66 102
-59 892
-57 026

Estimated living cost  is ₽76390 per week

₽49675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6855
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽938
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18921
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽34643
-₽37864
-₽30375
-₽30375
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
22 500
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.

-
-
-
6 862
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
-
-
-
6 862
Employee

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

60 364
-
22 500
-
health

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

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

6 862
-
6 862
-
surtax

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

391
-
-
-
income

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

7 098
-
-
-
total
14 351
-
6 862
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
22 500
-
-
surtax

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

-
185
-
-
income
-
3 376
-
-
trade
-
3 858
-
-
chamber of commerce
-
185
-
-
total
-
7 604
-
-
Dividends
-
14 897
-
-
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.

-
183
-
-
withholding
-
3 343
-
-
total
-
3 526
-
-
Income
22 500
22 500
22 500
22 500
Total tax
14 351
11 130
6 862
6 862
After tax
8 149
11 370
15 638
15 638
Living cost
46 013
46 013
46 013
46 013
Free-cash
-37 864
-34 643
-30 375
-30 375

Estimated living cost  is ₽46013 per week

₽33606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23024
-₽33914
-₽20908
-₽19645
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
22 500
income
-
-
-
-
pensions
-
-
-
7 436
other
-
-
-
698
health
-
-
-
269
surtax
-
-
-
-
social contributions
-
-
-
640
total
-
-
-
9 043
Employee
42 988
-
17 146
-
social contributions
1 226
-
488
-
surtax
-
-
-
-
income
2 537
-
-
-
pensions
4 861
-
1 938
-
total
8 624
-
2 426
-
Employer
42 988
-
17 146
-
other
1 483
-
591
-
social contributions
130
-
51
-
unemployment
1 740
-
694
-
pensions
7 062
-
2 817
-
health
3 010
-
1 201
-
total
13 425
-
5 354
-
Corporate
-
22 500
-
-
surtax
-
-
-
-
income
-
6 300
-
-
total
-
6 300
-
-
Dividends
-
16 200
-
-
surtax
-
-
-
-
social contributions
-
2 785
-
-
withholding
-
2 074
-
-
total
-
4 859
-
-
Income
22 500
22 500
22 500
22 500
Total tax
22 049
11 159
7 780
9 043
After tax
451
11 341
14 720
13 457
Living cost
34 365
34 365
34 365
34 365
Free-cash
-33 914
-23 024
-19 645
-20 908

Estimated living cost  is ₽34365 per week

₽21668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19619
-₽27856
-₽17503
-₽16240
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
22 500
income
-
-
-
-
pensions
-
-
-
7 436
other
-
-
-
698
health
-
-
-
269
surtax
-
-
-
-
social contributions
-
-
-
640
total
-
-
-
9 043
Employee
38 373
-
17 146
-
social contributions
1 094
-
488
-
surtax
-
-
-
-
income
1 979
-
-
-
pensions
4 340
-
1 938
-
total
7 413
-
2 426
-
Employer
38 373
-
17 146
-
other
1 325
-
591
-
social contributions
114
-
51
-
unemployment
1 553
-
694
-
pensions
6 305
-
2 817
-
health
2 686
-
1 201
-
total
11 983
-
5 354
-
Corporate
-
22 500
-
-
surtax
-
-
-
-
income
-
6 300
-
-
total
-
6 300
-
-
Dividends
-
16 200
-
-
surtax
-
-
-
-
social contributions
-
2 785
-
-
withholding
-
2 074
-
-
total
-
4 859
-
-
Income
22 500
22 500
22 500
22 500
Total tax
19 396
11 159
7 780
9 043
After tax
3 104
11 341
14 720
13 457
Living cost
30 960
30 960
30 960
30 960
Free-cash
-27 856
-19 619
-16 240
-17 503

Estimated living cost  is ₽30960 per week

₽17955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7573
-₽14194
-₽6851
-₽9626
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
22 500
income
-
-
-
3 376
health
-
-
-
1 571
social contributions
-
-
-
3 105
total
-
-
-
8 052
Employee
34 056
-
22 500
-
social contributions
4 700
-
3 105
-
health
2 377
-
1 571
-
income
5 680
-
6 151
-
total
12 757
-
10 827
-
Employer
34 056
-
22 500
-
total
-
-
-
-
Corporate
-
22 500
-
-
income

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

-
1 125
-
-
total
-
1 125
-
-
Dividends
-
21 375
-
-
health
886
1 492
-
-
social contributions
1 752
2 951
-
-
withholding
-
3 206
-
-
total
2 638
7 649
-
-
Income
22 500
22 500
22 500
22 500
Total tax
15 395
8 774
10 827
8 052
After tax
7 105
13 726
11 673
14 448
Living cost
21 299
21 299
21 299
21 299
Free-cash
-14 194
-7 573
-9 626
-6 851

Estimated living cost  is ₽21299 per week

₽14254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1313
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽35764
-₽43293
-₽25224
-₽29687
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
22 500
chamber of commerce
-
-
-
90
income
-
-
-
-
pensions
-
-
-
4 163
unemployment
-
-
-
6 160
health
-
-
-
1 721
surtax
-
-
-
198
total
-
-
-
12 332
Employee
50 197
40 028
40 028
-
other
501
400
160
-
health
1 942
1 550
618
-
income
5 714
2 953
4 325
-
pensions
5 141
4 098
1 634
-
unemployment
1 506
1 201
478
-
total
14 804
10 202
7 215
-
Employer
50 197
40 028
40 028
-
accident
652
520
208
-
other
2 385
1 900
1 696
-
chamber of commerce
200
160
160
-
unemployment
1 506
1 201
478
-
surtax
198
198
198
-
pensions
6 300
5 024
2 001
-
payroll
1 506
1 201
1 201
-
health
1 897
1 513
602
-
total
14 644
11 717
6 544
-
Corporate
3 812
3 812
12 142
-
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.

953
953
3 036
-
total
953
953
3 036
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
22 500
22 500
22 500
22 500
Total tax
30 401
22 872
16 795
12 332
After tax
-7 901
-372
5 705
10 168
Living cost
35 392
35 392
35 392
35 392
Free-cash
-43 293
-35 764
-29 687
-25 224

Estimated living cost  is ₽35392 per week

₽23605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽8187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23720
-₽70262
-₽24753
-₽26166
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
22 500
national
-
-
-
4 302
communal

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

-
-
-
1 033
social contributions
-
-
-
5 295
total
-
-
-
10 630
Employee

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

71 847
-
17 424
-
communal

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

3 747
-
909
-
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.

3 376
-
820
-
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.

5 389
-
1 308
-
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.

625
-
152
-
national
22 089
-
3 785
-
total
35 226
-
6 974
-
Employer

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

71 847
-
17 424
-
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.

934
-
225
-
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.

1 048
-
254
-
surtax
8 147
-
1 975
-
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.

6 366
-
1 544
-
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.

4 418
-
1 071
-
total
20 913
-
5 069
-
Corporate
-
22 500
-
-
surtax
-
90
-
-
income
-
4 500
-
-
total
-
4 590
-
-
Dividends
-
17 910
-
-
withholding

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

-
5 007
-
-
total
-
5 007
-
-
Income
22 500
22 500
22 500
22 500
Total tax
56 139
9 597
12 043
10 630
After tax
-33 639
12 903
10 457
11 870
Living cost
36 623
36 623
36 623
36 623
Free-cash
-70 262
-23 720
-26 166
-24 753

Estimated living cost  is ₽36623 per week

₽23590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20937
-₽43435
-₽23518
-₽28434
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
22 500
accident
-
-
-
202
income
-
-
-
2 993
pensions
-
-
-
6 368
other
-
-
-
23
unemployment
-
-
-
158
total
-
-
-
9 744
Employee
49 998
-
11 807
-
other
50
-
34
-
income
10 549
-
1 837
-
pensions
2 350
-
1 576
-
unemployment
776
-
520
-
total
13 725
-
3 967
-
Employer
49 998
-
11 807
-
accident
989
-
663
-
other
398
-
269
-
unemployment
2 750
-
1 845
-
pensions
11 799
-
7 916
-
total
15 936
-
10 693
-
Corporate
-
22 500
-
-
income

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

-
3 376
-
-
total
-
3 376
-
-
Dividends
-
19 124
-
-
withholding
-
3 787
-
-
total
-
3 787
-
-
Income
22 500
22 500
22 500
22 500
Total tax
29 661
7 163
14 660
9 744
After tax
-7 161
15 337
7 840
12 756
Living cost
36 274
36 274
36 274
36 274
Free-cash
-43 435
-20 937
-28 434
-23 518

Estimated living cost  is ₽36274 per week

₽26712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6465
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽39190
-₽62651
-₽44505
-₽44508
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
22 500
accident
-
-
-
431
income
-
-
-
-
pensions
-
-
-
7 647
health
-
-
-
3 583
surtax
-
-
-
759
communal
-
-
-
-
total
-
-
-
12 420
Employee
76 064
-
16 787
-
health
3 385
-
2 127
-
surtax
4 662
-
759
-
income
7 347
-
-
-
pensions
6 084
-
3 824
-
total
21 478
-
6 710
-
Employer
76 064
-
16 787
-
accident
684
-
431
-
pensions
6 084
-
3 824
-
health
2 320
-
1 458
-
total
9 088
-
5 713
-
Corporate
-
22 500
-
-
surtax
-
236
-
-
communal
-
-
-
-
income
-
3 376
-
-
total
-
3 612
-
-
Dividends
-
18 888
-
-
income
-
661
-
-
withholding
-
2 832
-
-
total
-
3 493
-
-
Income
22 500
22 500
22 500
22 500
Total tax
30 566
7 105
12 423
12 420
After tax
-8 066
15 395
10 077
10 080
Living cost
54 585
54 585
54 585
54 585
Free-cash
-62 651
-39 190
-44 508
-44 505

Estimated living cost  is ₽54585 per week

₽40947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8408
-₽18447
-₽9622
-₽10096
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
22 500
income
-
-
-
3 235
pensions
-
-
-
4 500
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
1 597
surtax
-
-
-
-
total
-
-
-
9 561
Employee
33 826
-
18 589
-
other
-
-
-
-
health
863
-
475
-
surtax
120
-
-
-
income
5 671
-
3 116
-
pensions
2 257
-
1 239
-
unemployment
2 354
-
1 294
-
total
11 265
-
6 124
-
Employer
33 826
-
18 589
-
other
-
-
-
-
unemployment
1 073
-
589
-
pensions
4 510
-
2 478
-
health
1 538
-
844
-
total
7 121
-
3 911
-
Corporate
-
22 500
-
-
income
-
5 850
-
-
total
-
5 850
-
-
Dividends
-
16 650
-
-
withholding
-
2 497
-
-
total
-
2 497
-
-
Income
22 500
22 500
22 500
22 500
Total tax
18 386
8 347
10 035
9 561
After tax
4 114
14 153
12 465
12 939
Living cost
22 561
22 561
22 561
22 561
Free-cash
-18 447
-8 408
-10 096
-9 622

Estimated living cost  is ₽22561 per week

₽13621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1961
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15231
-₽33217
-₽16143
-₽17940
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
22 500
municipal
-
-
-
118
regional
-
-
-
299
national
-
-
-
3 385
social contributions
-
-
-
7 784
total
-
-
-
11 586
Employee
55 717
-
22 500
-
social contributions
18 788
-
10 205
-
regional
750
-
250
-
municipal
295
-
99
-
national
8 827
-
2 829
-
total
28 660
-
13 383
-
Employer
55 717
-
22 500
-
total
-
-
-
-
Corporate
-
22 500
-
-
nationa
-
5 400
-
-
municipal
-
1 119
-
-
total
-
6 519
-
-
Dividends
-
15 981
-
-
withholding
-
4 155
-
-
total
-
4 155
-
-
Income
22 500
22 500
22 500
22 500
Total tax
28 660
10 674
13 383
11 586
After tax
-6 160
11 826
9 117
10 914
Living cost
27 057
27 057
27 057
27 057
Free-cash
-33 217
-15 231
-17 940
-16 143

Estimated living cost  is ₽27057 per week

₽16827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14107
-₽35825
-₽18639
-₽18180
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
22 500
income
-
-
-
1 934
health
-
-
-
3 037
solidarity contribution
-
-
-
-
social contributions
-
-
-
6 570
total
-
-
-
11 541
Employee
43 526
-
16 791
-
social contributions
2 829
-
1 091
-
health
5 876
-
2 267
-
solidarity contribution
-
-
-
-
income
5 223
-
2 015
-
total
13 928
-
5 373
-
Employer
43 526
-
16 791
-
social contributions
10 882
-
4 198
-
health
3 917
-
1 511
-
total
14 799
-
5 709
-
Corporate
-
22 500
-
-
income
-
4 275
-
-
total
-
4 275
-
-
Dividends
-
18 225
-
-
withholding
-
2 734
-
-
total
-
2 734
-
-
Income
22 500
22 500
22 500
22 500
Total tax
28 727
7 009
11 082
11 541
After tax
-6 227
15 491
11 418
10 959
Living cost
29 598
29 598
29 598
29 598
Free-cash
-35 825
-14 107
-18 180
-18 639

Estimated living cost  is ₽29598 per week

₽22011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5435
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽32219
-₽34993
-₽21679
-₽26241
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
22 500
chamber of commerce
-
-
-
90
income
-
-
-
-
pensions
-
-
-
4 163
unemployment
-
-
-
6 160
health
-
-
-
1 721
surtax
-
-
-
-
total
-
-
-
12 134
Employee
43 906
40 028
40 028
-
other
438
400
162
-
health
1 698
1 550
623
-
income
3 911
2 953
4 315
-
pensions
4 496
4 098
1 651
-
unemployment
1 317
1 201
484
-
total
11 860
10 202
7 235
-
Employer
43 906
40 028
40 028
-
accident
570
520
210
-
other
2 085
1 900
1 698
-
chamber of commerce
175
160
160
-
unemployment
1 317
1 201
484
-
surtax
-
-
-
-
pensions
5 511
5 024
2 022
-
payroll
1 317
1 201
1 201
-
health
1 660
1 513
610
-
total
12 635
11 519
6 385
-
Corporate
3 812
3 812
12 302
-
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.

953
953
3 076
-
total
953
953
3 076
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
22 500
22 500
22 500
22 500
Total tax
25 448
22 674
16 696
12 134
After tax
-2 948
-174
5 804
10 366
Living cost
32 045
32 045
32 045
32 045
Free-cash
-34 993
-32 219
-26 241
-21 679

Estimated living cost  is ₽32045 per week

₽19223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7194
₽4535
₽8094
₽3819
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
22 500
microenterprise

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

-
-
-
225
total
-
-
-
225
Employee
17 726
-
22 500
-
income
3 545
-
4 500
-
total
3 545
-
4 500
-
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%.

4 774
22 500
-
-
total
-
-
-
-
Dividends
4 774
22 500
-
-
withholding
239
1 125
-
-
total
239
1 125
-
-
Income
22 500
22 500
22 500
22 500
Total tax
3 784
1 125
4 500
225
After tax
18 716
21 375
18 000
22 275
Living cost
14 181
14 181
14 181
14 181
Free-cash
4 535
7 194
3 819
8 094

Estimated living cost  is ₽14181 per week

₽9596
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11449
-₽28832
-₽13477
-₽14199
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
22 500
income
-
-
-
2 677
pensions
-
-
-
4 110
unemployment
-
-
-
34
health
-
-
-
2 215
total
-
-
-
9 036
Employee

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

44 416
-
19 469
-
health
2 869
-
1 258
-
income
7 659
-
2 426
-
pensions
6 885
-
3 017
-
unemployment
63
-
27
-
total
17 476
-
6 728
-
Employer

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

44 416
-
19 469
-
unemployment
27
-
11
-
pensions
3 930
-
1 723
-
health
2 958
-
1 296
-
total
6 915
-
3 030
-
Corporate
-
22 500
-
-
income
-
4 275
-
-
total
-
4 275
-
-
Dividends
-
18 225
-
-
withholding
-
2 733
-
-
total
-
2 733
-
-
Income
22 500
22 500
22 500
22 500
Total tax
24 391
7 008
9 758
9 036
After tax
-1 891
15 492
12 742
13 464
Living cost
26 941
26 941
26 941
26 941
Free-cash
-28 832
-11 449
-14 199
-13 477

Estimated living cost  is ₽26941 per week

₽18489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29873
-₽128033
-₽28013
-₽36047
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
22 500
income
-
-
-
4 386
social contributions
-
-
-
2 565
total
-
-
-
6 951
Employee
62 462
-
8 473
-
social contributions
5 122
-
730
-
income
13 778
-
1 703
-
total
18 900
-
2 433
-
Employer
62 462
-
8 473
-
social contributions
88 071
-
12 552
-
total
88 071
-
12 552
-
Corporate
-
22 500
-
-
income
-
4 950
-
-
total
-
4 950
-
-
Dividends
-
17 550
-
-
income
-
3 861
-
-
total
-
3 861
-
-
Income
22 500
22 500
22 500
22 500
Total tax
106 971
8 811
14 985
6 951
After tax
-84 471
13 689
7 515
15 549
Living cost
43 562
43 562
43 562
43 562
Free-cash
-128 033
-29 873
-36 047
-28 013

Estimated living cost  is ₽43562 per week

₽28265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10645
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18708
-₽34668
-₽18138
-₽17896
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
22 500
income
-
-
-
1 313
surtax
-
-
-
-
social contributions

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

-
-
-
7 819
total
-
-
-
9 132
Employee
46 196
-
18 181
-
social contributions
5 082
-
1 999
-
surtax
-
-
-
-
income
9 609
-
2 574
-
total
14 691
-
4 573
-
Employer
46 196
-
18 181
-
social contributions
10 971
-
4 317
-
total
10 971
-
4 317
-
Corporate
-
22 500
-
-
surtax
-
-
-
-
income
-
4 725
-
-
total
-
4 725
-
-
Dividends
-
17 775
-
-
withholding
-
4 977
-
-
total
-
4 977
-
-
Income
22 500
22 500
22 500
22 500
Total tax
25 662
9 702
8 890
9 132
After tax
-3 162
12 798
13 610
13 368
Living cost
31 506
31 506
31 506
31 506
Free-cash
-34 668
-18 708
-17 896
-18 138

Estimated living cost  is ₽31506 per week

₽23573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1858
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽37171
-₽60056
-₽35055
-₽33792
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
22 500
income
-
-
-
-
pensions
-
-
-
7 436
other
-
-
-
698
health
-
-
-
269
surtax
-
-
-
-
social contributions
-
-
-
640
total
-
-
-
9 043
Employee
62 909
-
17 146
-
social contributions
1 792
-
488
-
surtax
-
-
-
-
income
5 489
-
-
-
pensions
7 115
-
1 938
-
total
14 396
-
2 426
-
Employer
62 909
-
17 146
-
other
2 171
-
591
-
social contributions
189
-
51
-
unemployment
2 548
-
694
-
pensions
10 337
-
2 817
-
health
4 403
-
1 201
-
total
19 648
-
5 354
-
Corporate
-
22 500
-
-
surtax
-
-
-
-
income
-
6 300
-
-
total
-
6 300
-
-
Dividends
-
16 200
-
-
surtax
-
-
-
-
social contributions
-
2 785
-
-
withholding
-
2 074
-
-
total
-
4 859
-
-
Income
22 500
22 500
22 500
22 500
Total tax
34 044
11 159
7 780
9 043
After tax
-11 544
11 341
14 720
13 457
Living cost
48 512
48 512
48 512
48 512
Free-cash
-60 056
-37 171
-33 792
-35 055

Estimated living cost  is ₽48512 per week

₽32832
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3968
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽665
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9942
-₽14797
-₽12643
-₽11980
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
22 500
income
-
-
-
-
social contributions
-
-
-
4 950
total
-
-
-
4 950
Employee
32 291
-
19 481
-
income
-
-
-
-
social contributions
2 099
-
1 268
-
total
2 099
-
1 268
-
Employer
32 291
-
19 481
-
social contributions
5 005
-
3 019
-
total
5 005
-
3 019
-
Corporate
-
22 500
-
-
income
-
2 249
-
-
total
-
2 249
-
-
Dividends
-
20 251
-
-
total
-
-
-
-
Income
22 500
22 500
22 500
22 500
Total tax
7 104
2 249
4 287
4 950
After tax
15 396
20 251
18 213
17 550
Living cost
30 193
30 193
30 193
30 193
Free-cash
-14 797
-9 942
-11 980
-12 643

Estimated living cost  is ₽30193 per week

₽19522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2276
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽196340
-₽196340
-₽31503
-₽196340
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
22 500
municipal
-
-
-
1 831
pensions
-
-
-
871
national
-
-
-
1 198
labour market
-
-
-
1 730
total
-
-
-
5 630
Employee
204 171
204 171
204 171
-
labour market
16 310
16 310
16 310
-
national
24 943
24 943
24 943
-
municipal
43 477
43 477
43 477
-
pensions
290
290
290
-
total
85 020
85 020
85 020
-
Employer
204 171
204 171
204 171
-
labour market
16 334
16 334
16 334
-
municipal
43 546
43 546
43 546
-
pensions
580
580
580
-
national
24 987
24 987
24 987
-
total
85 447
85 447
85 447
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
22 500
22 500
22 500
22 500
Total tax
170 467
170 467
170 467
5 630
After tax
-147 967
-147 967
-147 967
16 870
Living cost
48 373
48 373
48 373
48 373
Free-cash
-196 340
-196 340
-196 340
-31 503

Estimated living cost  is ₽48373 per week

₽33107
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19897
-₽18629
-₽8953
-₽9838
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
22 500
accident
-
-
-
253
income
-
-
-
2 755
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
9 733
Employee
34 167
-
18 691
-
health
3 912
-
2 140
-
income
4 687
-
2 564
-
pensions
3 847
-
2 105
-
total
12 446
-
6 809
-
Employer
34 167
-
18 691
-
accident
571
-
312
-
unemployment
837
-
458
-
pensions
5 555
-
3 039
-
total
6 963
-
3 809
-
Corporate
-
22 500
-
-
income

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

-
20 250
-
-
total
-
20 250
-
-
Dividends
-
2 250
-
-
withholding
-
427
-
-
total
-
427
-
-
Income
22 500
22 500
22 500
22 500
Total tax
19 409
20 677
10 618
9 733
After tax
3 091
1 823
11 882
12 767
Living cost
21 720
21 720
21 720
21 720
Free-cash
-18 629
-19 897
-9 838
-8 953

Estimated living cost  is ₽21720 per week

₽15810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1238
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.
₽4264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22993
-₽40316
-₽20113
-₽24322
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
22 500
municipal
-
-
-
4 050
health
-
-
-
-
national
-
-
-
-
total
-
-
-
4 050
Employee
52 845
-
18 928
-
health
395
-
-
-
municipal
8 656
-
3 126
-
pensions
3 566
-
1 277
-
unemployment
793
-
284
-
national
873
-
-
-
total
14 283
-
4 687
-
Employer
52 845
-
18 928
-
accident
53
-
19
-
unemployment
343
-
124
-
pensions
9 168
-
3 284
-
health
406
-
145
-
total
9 970
-
3 572
-
Corporate
-
22 500
-
-
income
-
4 500
-
-
total
-
4 500
-
-
Dividends

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

-
13 500
-
-
national
-
-
-
-
municipal
-
2 430
-
-
total
-
2 430
-
-
Income
22 500
22 500
22 500
22 500
Total tax
24 253
6 930
8 259
4 050
After tax
-1 753
15 570
14 241
18 450
Living cost
38 563
38 563
38 563
38 563
Free-cash
-40 316
-22 993
-24 322
-20 113

Estimated living cost  is ₽38563 per week

₽25189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23468
-₽16254
-₽7686
-₽14687
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 184
income
-
-
-
-
health
-
-
-
974
social contributions
-
-
-
5 957
total
-
-
-
6 931
Employee
77 236
77 236
77 236
-
social contributions
2 920
6 410
2 162
-
health
599
1 313
442
-
income
8 410
7 150
8 684
-
total
11 929
14 873
11 288
-
Employer
77 236
77 236
77 236
-
social contributions
2 920
6 410
2 162
-
health
650
1 430
482
-
total
3 570
7 840
2 644
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
22 500
22 500
22 500
22 500
Total tax
15 499
22 713
13 932
6 931
After tax
7 001
-213
8 568
15 569
Living cost
23 255
23 255
23 255
23 255
Free-cash
-16 254
-23 468
-14 687
-7 686

Estimated living cost  is ₽23255 per week

₽13937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2282
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.
₽6523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2686
-₽2927
-₽4621
-₽1842
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 500
income
-
-
-
1 121
pensions
-
-
-
6 389
unemployment
-
-
-
29
health
-
-
-
3 635
total
-
-
-
11 174
Employee

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

23 055
-
20 398
-
health
1 959
-
1 735
-
income
1 576
-
1 395
-
pensions
3 458
-
3 059
-
unemployment
114
-
103
-
total
7 107
-
6 292
-
Employer

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

23 055
-
20 398
-
unemployment
114
-
103
-
pensions
1 268
-
1 123
-
health
991
-
877
-
total
2 373
-
2 103
-
Corporate
-
22 500
-
-
income
-
2 024
-
-
total
-
2 024
-
-
Dividends
-
20 476
-
-
withholding
-
1 843
-
-
total
-
1 843
-
-
Income
22 500
22 500
22 500
22 500
Total tax
9 480
3 867
8 395
11 174
After tax
13 020
18 633
14 105
11 326
Living cost
15 947
15 947
15 947
15 947
Free-cash
-2 927
2 686
-1 842
-4 621

Estimated living cost  is ₽15947 per week

₽10175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1149
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.
₽4148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12284
-₽26479
-₽14865
-₽19781
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
22 500
accident
-
-
-
202
income
-
-
-
2 993
pensions
-
-
-
6 368
other
-
-
-
23
unemployment
-
-
-
158
total
-
-
-
9 744
Employee
37 140
-
11 807
-
other
36
-
34
-
income
7 160
-
1 837
-
pensions
1 746
-
1 576
-
unemployment
576
-
520
-
total
9 518
-
3 967
-
Employer
37 140
-
11 807
-
accident
736
-
663
-
other
297
-
269
-
unemployment
2 043
-
1 845
-
pensions
8 764
-
7 916
-
total
11 840
-
10 693
-
Corporate
-
22 500
-
-
income

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

-
3 376
-
-
total
-
3 376
-
-
Dividends
-
19 124
-
-
withholding
-
3 787
-
-
total
-
3 787
-
-
Income
22 500
22 500
22 500
22 500
Total tax
21 358
7 163
14 660
9 744
After tax
1 142
15 337
7 840
12 756
Living cost
27 621
27 621
27 621
27 621
Free-cash
-26 479
-12 284
-19 781
-14 865

Estimated living cost  is ₽27621 per week

₽18643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2655
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5838
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11289
₽10836
₽10258
₽10062
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
22 500
income
-
-
-
6 029
pensions
-
-
-
2 007
health
-
-
-
1 455
total
-
-
-
9 491
Employee
4 190
-
20 243
-
health
210
-
502
-
income
811
-
5 924
-
pensions
377
-
903
-
unemployment
42
-
100
-
total
1 440
-
7 429
-
Employer
4 190
-
20 243
-
unemployment
84
-
201
-
pensions
461
-
1 104
-
health
398
-
953
-
total
943
-
2 258
-
Corporate
17 367
22 500
-
-
income
3 821
4 950
-
-
total
3 821
4 950
-
-
Dividends
13 546
17 550
-
-
withholding
2 709
3 510
-
-
total
2 709
3 510
-
-
Income
22 500
22 500
22 500
22 500
Total tax
8 913
8 460
9 687
9 491
After tax
13 587
14 040
12 813
13 009
Living cost
2 751
2 751
2 751
2 751
Free-cash
10 836
11 289
10 062
10 258

Estimated living cost  is ₽2751 per week

₽1635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1114
-₽8380
-₽5239
-₽4271
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
22 500
income
-
-
-
1 864
pensions
-
-
-
5 850
unemployment
-
-
-
338
health
-
-
-
2 317
total
-
-
-
10 369
Employee

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

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

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

26 193
-
19 084
-
health
1 349
-
983
-
income
3 610
-
2 187
-
pensions
3 667
-
2 672
-
unemployment
196
-
143
-
total
8 822
-
5 985
-
Employer

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

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

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

26 193
-
19 084
-
unemployment
196
-
143
-
pensions
3 143
-
2 290
-
health
1 349
-
983
-
total
4 688
-
3 416
-
Corporate
-
22 500
-
-
income
-
3 375
-
-
total
-
3 375
-
-
Dividends
-
19 125
-
-
withholding
-
2 869
-
-
total
-
2 869
-
-
Income
22 500
22 500
22 500
22 500
Total tax
13 510
6 244
9 401
10 369
After tax
8 990
16 256
13 099
12 131
Living cost
17 370
17 370
17 370
17 370
Free-cash
-8 380
-1 114
-4 271
-5 239

Estimated living cost  is ₽17370 per week

₽11695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1344
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3829
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14281
-₽25743
-₽13711
-₽13469
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
22 500
income
-
-
-
1 313
surtax
-
-
-
-
social contributions

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

-
-
-
7 819
total
-
-
-
9 132
Employee
38 984
-
18 181
-
social contributions
4 289
-
1 999
-
surtax
-
-
-
-
income
7 617
-
2 574
-
total
11 906
-
4 573
-
Employer
38 984
-
18 181
-
social contributions
9 258
-
4 317
-
total
9 258
-
4 317
-
Corporate
-
22 500
-
-
surtax
-
-
-
-
income
-
4 725
-
-
total
-
4 725
-
-
Dividends
-
17 775
-
-
withholding
-
4 977
-
-
total
-
4 977
-
-
Income
22 500
22 500
22 500
22 500
Total tax
21 164
9 702
8 890
9 132
After tax
1 336
12 798
13 610
13 368
Living cost
27 079
27 079
27 079
27 079
Free-cash
-25 743
-14 281
-13 469
-13 711

Estimated living cost  is ₽27079 per week

₽19179
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1881
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19963
-₽41478
-₽22544
-₽27460
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
22 500
accident
-
-
-
202
income
-
-
-
2 993
pensions
-
-
-
6 368
other
-
-
-
23
unemployment
-
-
-
158
total
-
-
-
9 744
Employee
48 509
-
11 807
-
other
48
-
34
-
income
10 132
-
1 837
-
pensions
2 280
-
1 576
-
unemployment
751
-
520
-
total
13 211
-
3 967
-
Employer
48 509
-
11 807
-
accident
961
-
663
-
other
389
-
269
-
unemployment
2 669
-
1 845
-
pensions
11 448
-
7 916
-
total
15 467
-
10 693
-
Corporate
-
22 500
-
-
income

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

-
3 376
-
-
total
-
3 376
-
-
Dividends
-
19 124
-
-
withholding
-
3 787
-
-
total
-
3 787
-
-
Income
22 500
22 500
22 500
22 500
Total tax
28 678
7 163
14 660
9 744
After tax
-6 178
15 337
7 840
12 756
Living cost
35 300
35 300
35 300
35 300
Free-cash
-41 478
-19 963
-27 460
-22 544

Estimated living cost  is ₽35300 per week

₽25351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1962
-₽4863
-₽4158
-₽3072
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
22 500
income
-
-
-
3 375
pensions

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

-
-
-
3 330
unemployment
-
-
-
90
health
-
-
-
2 587
total
-
-
-
9 382
Employee
22 876
-
18 810
-
health
1 052
-
865
-
accident

We are using the highest rate at 1.1%.

251
-
207
-
income
2 288
-
1 881
-
pensions

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

2 008
-
1 652
-
total
5 599
-
4 605
-
Employer
22 876
-
18 810
-
accident

We are using the highest rate at 1.1%.

251
-
207
-
unemployment
137
-
113
-
pensions

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

2 521
-
2 073
-
health
1 579
-
1 298
-
total
4 488
-
3 691
-
Corporate
-
22 500
-
-
income
-
2 250
-
-
total
-
2 250
-
-
Dividends
-
20 250
-
-
withholding
-
1 012
-
-
total
-
1 012
-
-
Income
22 500
22 500
22 500
22 500
Total tax
10 087
3 262
8 296
9 382
After tax
12 413
19 238
14 204
13 118
Living cost
17 276
17 276
17 276
17 276
Free-cash
-4 863
1 962
-3 072
-4 158

Estimated living cost  is ₽17276 per week

₽11426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26946
-₽27477
-₽23140
-₽23140
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
22 500
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.

-
-
-
6 862
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
-
-
-
6 862
Employee

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

49 976
-
22 500
-
health

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

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

6 862
-
6 862
-
surtax

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

227
-
-
-
income

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

4 110
-
-
-
total
11 199
-
6 862
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
22 500
-
-
surtax

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

-
185
-
-
income
-
3 376
-
-
trade
-
3 229
-
-
chamber of commerce
-
185
-
-
total
-
6 975
-
-
Dividends
-
15 526
-
-
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.

-
193
-
-
withholding
-
3 500
-
-
total
-
3 693
-
-
Income
22 500
22 500
22 500
22 500
Total tax
11 199
10 668
6 862
6 862
After tax
11 301
11 832
15 638
15 638
Living cost
38 778
38 778
38 778
38 778
Free-cash
-27 477
-26 946
-23 140
-23 140

Estimated living cost  is ₽38778 per week

₽26750
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4172
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽41468
-₽56070
-₽36590
-₽36590
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
22 500
income
-
-
-
1 355
social contributions
-
-
-
518
total
-
-
-
1 873
Employee
78 569
-
22 500
-
income
14 826
-
1 355
-
social contributions
6 527
-
518
-
total
21 353
-
1 873
-
Employer
78 569
-
22 500
-
total
-
-
-
-
Corporate
-
22 500
-
-
income
-
2 813
-
-
total
-
2 813
-
-
Dividends
-
19 687
-
-
withholding
-
3 938
-
-
total
-
3 938
-
-
Income
22 500
22 500
22 500
22 500
Total tax
21 353
6 751
1 873
1 873
After tax
1 147
15 749
20 627
20 627
Living cost
57 217
57 217
57 217
57 217
Free-cash
-56 070
-41 468
-36 590
-36 590

Estimated living cost  is ₽57217 per week

₽43529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8478
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24833
-₽31193
-₽49282
-₽18217
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
22 500
income
-
-
-
28 591
health

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

-
-
-
6 730
total
-
-
-
35 321
Employee
46 077
-
20 451
-
income
5 000
-
158
-
social contributions
4 617
-
2 049
-
total
9 617
-
2 207
-
Employer
46 077
-
20 451
-
social contributions
4 617
-
2 049
-
total
4 617
-
2 049
-
Corporate
-
22 500
-
-
income
-
7 874
-
-
total
-
7 874
-
-
Dividends
-
14 626
-
-
social contributions
2 998
2 998
-
-
total
2 998
2 998
-
-
Income
22 500
22 500
22 500
22 500
Total tax
17 232
10 872
4 256
35 321
After tax
5 268
11 628
18 244
-12 821
Living cost
36 461
36 461
36 461
36 461
Free-cash
-31 193
-24 833
-18 217
-49 282

Estimated living cost  is ₽36461 per week

₽24017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
-₽20412
-₽34795
-₽19547
-₽20679
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
22 500
income
-
-
-
4 430
pensions
-
-
-
349
total
-
-
-
4 779
Employee
51 156
-
21 084
-
health
667
-
51
-
income
9 316
-
4 148
-
pensions
3 904
-
296
-
total
13 887
-
4 495
-
Employer
51 156
-
21 084
-
pensions
5 168
-
1 016
-
health
972
-
400
-
total
6 140
-
1 416
-
Corporate
-
22 500
-
-
income

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

-
4 276
-
-
total
-
4 276
-
-
Dividends
-
18 224
-
-
withholding
-
1 368
-
-
total
-
1 368
-
-
Income
22 500
22 500
22 500
22 500
Total tax
20 027
5 644
5 911
4 779
After tax
2 473
16 856
16 589
17 721
Living cost
37 268
37 268
37 268
37 268
Free-cash
-34 795
-20 412
-20 679
-19 547

Estimated living cost  is ₽37268 per week

₽25566
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3427
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.
₽7807
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽22048
-₽22701
-₽11104
-₽11989
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
22 500
accident
-
-
-
253
income
-
-
-
2 755
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
9 733
Employee
37 549
-
18 691
-
health
4 299
-
2 140
-
income
5 151
-
2 564
-
pensions
4 228
-
2 105
-
total
13 678
-
6 809
-
Employer
37 549
-
18 691
-
accident
627
-
312
-
unemployment
920
-
458
-
pensions
6 105
-
3 039
-
total
7 652
-
3 809
-
Corporate
-
22 500
-
-
income

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

-
20 250
-
-
total
-
20 250
-
-
Dividends
-
2 250
-
-
withholding
-
427
-
-
total
-
427
-
-
Income
22 500
22 500
22 500
22 500
Total tax
21 330
20 677
10 618
9 733
After tax
1 170
1 823
11 882
12 767
Living cost
23 871
23 871
23 871
23 871
Free-cash
-22 701
-22 048
-11 989
-11 104

Estimated living cost  is ₽23871 per week

₽17518
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1391
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4480
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5559
₽675
₽496
₽496
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
22 500
work injury
-
-
-
113
health insurance
-
-
-
1 665
income
-
-
-
2 250
pensions
-
-
-
4 140
unemployment
-
-
-
270
total
-
-
-
8 438
Employee

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

21 706
-
22 500
-
work injury
109
-
113
-
income
2 171
-
2 250
-
pensions
3 994
-
4 140
-
health insurance
1 606
-
1 665
-
unemployment
260
-
270
-
total
8 140
-
8 438
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
794
22 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
794
22 500
-
-
withholding
119
3 375
-
-
total
119
3 375
-
-
Income
22 500
22 500
22 500
22 500
Total tax
8 259
3 375
8 438
8 438
After tax
14 241
19 125
14 062
14 062
Living cost
13 566
13 566
13 566
13 566
Free-cash
675
5 559
496
496

Estimated living cost  is ₽13566 per week

₽8404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28164
-₽62140
-₽29070
-₽30872
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
22 500
municipal
-
-
-
132
regional
-
-
-
255
national
-
-
-
3 385
social contributions
-
-
-
7 784
total
-
-
-
11 556
Employee
84 639
-
22 500
-
social contributions
28 540
-
10 205
-
regional
1 278
-
213
-
municipal
505
-
111
-
national
14 303
-
2 829
-
total
44 626
-
13 358
-
Employer
84 639
-
22 500
-
total
-
-
-
-
Corporate
-
22 500
-
-
nationa
-
5 400
-
-
municipal
-
1 085
-
-
total
-
6 485
-
-
Dividends
-
16 015
-
-
withholding
-
4 165
-
-
total
-
4 165
-
-
Income
22 500
22 500
22 500
22 500
Total tax
44 626
10 650
13 358
11 556
After tax
-22 126
11 850
9 142
10 944
Living cost
40 014
40 014
40 014
40 014
Free-cash
-62 140
-28 164
-30 872
-29 070

Estimated living cost  is ₽40014 per week

₽28107
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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Estimated living cost

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