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
₽ 23500
per

Your estimated
City
free-cash

Dresden , Germany
-₽12141
-₽16961
-₽13184
-₽12141
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
23 500
trade
-
-
-
-
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.

-
-
-
6 552
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.

-
-
-
2
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.

-
-
-
36
total
-
-
-
6 590
Employee

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

36 684
-
23 500
-
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.

56
-
2
-
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.

1 025
-
36
-
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.

6 552
-
6 552
-
total
7 633
-
6 590
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
23 500
-
-
trade
-
3 702
-
-
income
-
3 526
-
-
chamber of commerce
-
180
-
-
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.

-
195
-
-
total
-
7 603
-
-
Dividends
-
15 897
-
-
withholding
-
3 609
-
-
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.

-
198
-
-
total
-
3 807
-
-
Income
23 500
23 500
23 500
23 500
Total tax
7 633
11 410
6 590
6 590
After tax
15 867
12 090
16 910
16 910
Living cost
29 051
29 051
29 051
29 051
Free-cash
-13 184
-16 961
-12 141
-12 141

Estimated living cost  is ₽29051 per week

₽18274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3387
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽34641
-₽36635
-₽63240
-₽34456
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
23 500
municipal
-
-
-
1 478
pensions
-
-
-
2 820
social contributions
-
-
-
253
national
-
-
-
2 291
total
-
-
-
6 842
Employee
79 523
-
20 316
-
municipal
9 822
-
1 569
-
national
15 221
-
2 432
-
pensions
3 181
-
813
-
total
28 224
-
4 814
-
Employer
79 523
-
20 316
-
pensions
6 362
-
1 625
-
social contributions
855
-
218
-
total
7 217
-
1 843
-
Corporate
-
23 500
-
-
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%.

-
4 700
-
-
total
-
4 700
-
-
Dividends
-
18 800
-
-
withholding
-
4 136
-
-
total
-
4 136
-
-
Income
23 500
23 500
23 500
23 500
Total tax
35 441
8 836
6 657
6 842
After tax
-11 941
14 664
16 843
16 658
Living cost
51 299
51 299
51 299
51 299
Free-cash
-63 240
-36 635
-34 456
-34 641

Estimated living cost  is ₽51299 per week

₽34867
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽768
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Source of data for Reykjavik model

Close
Riga , Latvia
-₽3000
-₽1153
-₽11277
-₽6468
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
23 500
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.

-
-
-
3 020
income
-
-
-
-
microenterprise
-
-
-
3 526
total
-
-
-
6 546
Employee
28 026
-
18 937
-
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.

3 083
-
2 082
-
surtax
-
-
-
-
income
4 989
-
3 371
-
total
8 072
-
5 453
-
Employer
28 026
-
18 937
-
surtax
-
-
-
-
social contributions

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

6 751
-
4 561
-
total
6 751
-
4 561
-
Corporate
-
23 500
-
-
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%.

-
4 699
-
-
total
-
4 699
-
-
Dividends

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

-
18 801
-
-
total
-
-
-
-
Income
23 500
23 500
23 500
23 500
Total tax
14 823
4 699
10 014
6 546
After tax
8 677
18 801
13 486
16 954
Living cost
19 954
19 954
19 954
19 954
Free-cash
-11 277
-1 153
-6 468
-3 000

Estimated living cost  is ₽19954 per week

₽12730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1900
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4871
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26631
-₽66358
-₽71742
-₽71742
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
23 500
pensions
-
-
-
4 230
health
-
-
-
3 607
income
-
-
-
2 115
total
-
-
-
9 952
Employee
81 904
81 904
81 904
-
pensions
14 743
11 237
14 743
-
income

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

13 406
13 406
13 406
-
health
12 571
10 693
12 571
-
total
40 720
35 336
40 720
-
Employer
81 904
81 904
81 904
-
pensions
5 701
5 701
5 701
-
unemployment
2 949
2 949
2 949
-
health
5 693
5 693
5 693
-
total
14 343
14 343
14 343
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
23 500
23 500
23 500
23 500
Total tax
55 063
49 679
55 063
9 952
After tax
-31 563
-26 179
-31 563
13 548
Living cost
40 179
40 179
40 179
40 179
Free-cash
-71 742
-66 358
-71 742
-26 631

Estimated living cost  is ₽40179 per week

₽28474
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3622
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.
₽7444
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27860
-₽26743
-₽50608
-₽27025
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
23 500
municipal
-
-
-
4 978
pensions
-
-
-
2 540
health
-
-
-
1 466
other
-
-
-
2 731
unemployment
-
-
-
24
accident
-
-
-
47
national
-
-
-
-
total
-
-
-
11 786
Employee
56 389
-
17 882
-
municipal
16 815
-
5 332
-
national
-
-
-
-
total
16 815
-
5 332
-
Employer
56 389
-
17 882
-
pensions
6 096
-
1 933
-
other
6 553
-
2 078
-
unemployment
1 489
-
472
-
accident
113
-
36
-
health
3 468
-
1 100
-
total
17 719
-
5 619
-
Corporate
-
23 500
-
-
income
-
5 170
-
-
total
-
5 170
-
-
Dividends
-
18 330
-
-
withholding
-
5 499
-
-
total
-
5 499
-
-
Income
23 500
23 500
23 500
23 500
Total tax
34 534
10 669
10 951
11 786
After tax
-11 034
12 831
12 549
11 714
Living cost
39 574
39 574
39 574
39 574
Free-cash
-50 608
-26 743
-27 025
-27 860

Estimated living cost  is ₽39574 per week

₽26228
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8862
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20768
-₽25709
-₽25138
-₽20768
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
23 500
trade
-
-
-
-
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.

-
-
-
6 552
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.

-
-
-
2
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.

-
-
-
36
total
-
-
-
6 590
Employee

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

48 639
-
23 500
-
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.

229
-
2
-
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.

4 179
-
36
-
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.

6 552
-
6 552
-
total
10 960
-
6 590
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
23 500
-
-
trade
-
3 866
-
-
income
-
3 526
-
-
chamber of commerce
-
178
-
-
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.

-
195
-
-
total
-
7 765
-
-
Dividends
-
15 735
-
-
withholding
-
3 569
-
-
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.

-
197
-
-
total
-
3 766
-
-
Income
23 500
23 500
23 500
23 500
Total tax
10 960
11 531
6 590
6 590
After tax
12 540
11 969
16 910
16 910
Living cost
37 678
37 678
37 678
37 678
Free-cash
-25 138
-25 709
-20 768
-20 768

Estimated living cost  is ₽37678 per week

₽25199
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3973
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.
₽7943
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14227
-₽29297
-₽24054
-₽20911
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 461
health
-
-
-
930
social contributions
-
-
-
5 688
income
-
-
-
-
total
-
-
-
6 618
Employee
73 751
73 751
73 751
-
social contributions
3 584
6 121
2 064
-
income
7 745
6 827
8 292
-
health
733
1 254
422
-
total
12 062
14 202
10 778
-
Employer
73 751
73 751
73 751
-
social contributions
3 584
6 121
2 064
-
health
799
1 365
460
-
total
4 383
7 486
2 524
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
23 500
23 500
23 500
23 500
Total tax
16 445
21 688
13 302
6 618
After tax
7 055
1 812
10 198
16 882
Living cost
31 109
31 109
31 109
31 109
Free-cash
-24 054
-29 297
-20 911
-14 227

Estimated living cost  is ₽31109 per week

₽21266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2430
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.
₽6891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1374
-₽4143
-₽6951
-₽4031
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
23 500
pensions
-
-
-
2 350
health
-
-
-
1 645
unemployment
-
-
-
353
income
-
-
-
2 873
total
-
-
-
7 221
Employee

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

The minimum wage is 138,000 HUF per month.

25 483
10 142
19 665
-
pensions
2 548
1 014
1 967
-
unemployment
382
152
295
-
income
3 115
1 240
2 404
-
health
1 784
710
1 377
-
total
7 829
3 116
6 043
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 483
10 142
19 665
-
pensions
4 969
1 978
3 835
-
total
4 969
1 978
3 835
-
Corporate
-
11 381
-
-
income
-
1 024
-
-
total
-
1 024
-
-
Dividends
-
10 356
-
-
withholding
-
1 968
-
-
social contributions
-
1 904
-
-
total
-
3 872
-
-
Income
23 500
23 500
23 500
23 500
Total tax
12 798
9 990
9 878
7 221
After tax
10 702
13 510
13 622
16 279
Living cost
17 653
17 653
17 653
17 653
Free-cash
-6 951
-4 143
-4 031
-1 374

Estimated living cost  is ₽17653 per week

₽12047
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3809
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8384
-₽4365
-₽12904
-₽7433
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
23 500
pensions
-
-
-
4 699
health
-
-
-
3 054
income
-
-
-
965
total
-
-
-
8 718
Employee
27 209
-
17 563
-
pensions
544
-
351
-
unemployment
435
-
280
-
income
3 063
-
1 201
-
total
4 042
-
1 832
-
Employer
27 209
-
17 563
-
pensions
5 442
-
3 513
-
unemployment
218
-
140
-
health
3 536
-
2 282
-
total
9 196
-
5 935
-
Corporate
-
23 500
-
-
income
-
4 699
-
-
total
-
4 699
-
-
Dividends
-
18 801
-
-
total
-
-
-
-
Income
23 500
23 500
23 500
23 500
Total tax
13 238
4 699
7 767
8 718
After tax
10 262
18 801
15 733
14 782
Living cost
23 166
23 166
23 166
23 166
Free-cash
-12 904
-4 365
-7 433
-8 384

Estimated living cost  is ₽23166 per week

₽15889
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1380
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.
₽5431
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7776
-₽19601
-₽17223
-₽9094
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
23 500
pensions
-
-
-
4 067
health
-
-
-
2 132
other
-
-
-
362
accident
-
-
-
247
income
-
-
-
2 963
total
-
-
-
9 771
Employee
33 829
-
19 522
-
pensions
3 809
-
2 198
-
income
4 641
-
2 678
-
health
3 873
-
2 235
-
total
12 323
-
7 111
-
Employer
33 829
-
19 522
-
pensions
5 501
-
3 174
-
unemployment
829
-
478
-
accident
565
-
326
-
total
6 895
-
3 978
-
Corporate
-
23 500
-
-
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.

-
21 150
-
-
total
-
21 150
-
-
Dividends
-
2 350
-
-
withholding
-
446
-
-
total
-
446
-
-
Income
23 500
23 500
23 500
23 500
Total tax
19 218
21 596
11 089
9 771
After tax
4 282
1 904
12 411
13 729
Living cost
21 505
21 505
21 505
21 505
Free-cash
-17 223
-19 601
-9 094
-7 776

Estimated living cost  is ₽21505 per week

₽15761
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1191
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15369
₽14429
₽12949
₽10904
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
23 500
microenterprise

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

-
-
-
235
total
-
-
-
235
Employee
9 869
-
23 500
-
income
1 974
-
4 700
-
total
1 974
-
4 700
-
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%.

13 631
23 500
-
-
total
-
-
-
-
Dividends
13 631
23 500
-
-
withholding
681
1 175
-
-
total
681
1 175
-
-
Income
23 500
23 500
23 500
23 500
Total tax
2 655
1 175
4 700
235
After tax
20 845
22 325
18 800
23 265
Living cost
7 896
7 896
7 896
7 896
Free-cash
12 949
14 429
10 904
15 369

Estimated living cost  is ₽7896 per week

₽4893
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽656
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽217
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12831
-₽8290
-₽20101
-₽11776
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
23 500
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.

-
-
-
5 640
health
-
-
-
1 034
other
-
-
-
1 116
income
-
-
-
2 985
total
-
-
-
10 775
Employee
34 824
-
18 770
-
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.

2 437
-
1 312
-
unemployment
348
-
187
-
income
5 995
-
3 231
-
health
488
-
262
-
total
9 268
-
4 992
-
Employer
34 824
-
18 770
-
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.

5 921
-
3 191
-
other
1 742
-
939
-
unemployment
348
-
187
-
accident
278
-
149
-
health
488
-
262
-
total
8 777
-
4 728
-
Corporate
-
23 500
-
-
income
-
4 934
-
-
total
-
4 934
-
-
Dividends
-
18 566
-
-
withholding
-
1 300
-
-
total
-
1 300
-
-
Income
23 500
23 500
23 500
23 500
Total tax
18 045
6 234
9 720
10 775
After tax
5 455
17 266
13 780
12 725
Living cost
25 556
25 556
25 556
25 556
Free-cash
-20 101
-8 290
-11 776
-12 831

Estimated living cost  is ₽25556 per week

₽18057
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1725
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽411
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽45263
-₽46036
-₽78888
-₽46625
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
23 500
pensions
-
-
-
526
income
-
-
-
4 594
total
-
-
-
5 120
Employee
90 045
-
21 863
-
pensions
8 687
-
505
-
income
16 232
-
4 254
-
health
1 484
-
86
-
total
26 403
-
4 845
-
Employer
90 045
-
21 863
-
pensions
10 632
-
1 222
-
health
1 710
-
415
-
total
12 342
-
1 637
-
Corporate
-
23 500
-
-
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.

-
4 466
-
-
total
-
4 466
-
-
Dividends
-
19 034
-
-
withholding
-
1 427
-
-
total
-
1 427
-
-
Income
23 500
23 500
23 500
23 500
Total tax
38 745
5 893
6 482
5 120
After tax
-15 245
17 607
17 018
18 380
Living cost
63 643
63 643
63 643
63 643
Free-cash
-78 888
-46 036
-46 625
-45 263

Estimated living cost  is ₽63643 per week

₽47689
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7478
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7960
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽1136
₽7529
₽3078
₽2271
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
23 500
pensions

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

-
-
-
3 478
health
-
-
-
2 703
unemployment
-
-
-
94
income
-
-
-
3 525
total
-
-
-
9 800
Employee
16 637
-
19 646
-
accident

We are using the highest rate at 1.1%.

183
-
216
-
pensions

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

1 461
-
1 725
-
income
1 663
-
1 965
-
health
765
-
904
-
total
4 072
-
4 810
-
Employer
16 637
-
19 646
-
pensions

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

1 834
-
2 165
-
unemployment
99
-
118
-
accident

We are using the highest rate at 1.1%.

183
-
216
-
health
1 148
-
1 356
-
total
3 264
-
3 855
-
Corporate
3 598
23 500
-
-
income
360
2 350
-
-
total
360
2 350
-
-
Dividends
3 238
21 150
-
-
withholding
162
1 057
-
-
total
162
1 057
-
-
Income
23 500
23 500
23 500
23 500
Total tax
7 858
3 407
8 665
9 800
After tax
15 642
20 093
14 835
13 700
Living cost
12 564
12 564
12 564
12 564
Free-cash
3 078
7 529
2 271
1 136

Estimated living cost  is ₽12564 per week

₽7335
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽897
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽333
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽39636
-₽79363
-₽80990
-₽84747
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
23 500
pensions
-
-
-
4 230
health
-
-
-
3 607
income
-
-
-
2 115
total
-
-
-
9 952
Employee
88 922
81 904
81 904
-
pensions
11 237
11 237
14 743
-
income

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

13 406
13 406
13 406
-
health
11 094
10 693
12 571
-
total
35 737
35 336
40 720
-
Employer
88 922
81 904
81 904
-
pensions
6 188
5 701
5 701
-
unemployment
3 202
2 949
2 949
-
health
6 179
5 693
5 693
-
total
15 569
14 343
14 343
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
23 500
23 500
23 500
23 500
Total tax
51 306
49 679
55 063
9 952
After tax
-27 806
-26 179
-31 563
13 548
Living cost
53 184
53 184
53 184
53 184
Free-cash
-80 990
-79 363
-84 747
-39 636

Estimated living cost  is ₽53184 per week

₽39232
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4750
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽610
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8593
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12412
-₽7678
-₽23515
-₽11932
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
23 500
health
-
-
-
3 172
social contributions
-
-
-
6 862
solidarity contribution
-
-
-
-
income
-
-
-
2 020
total
-
-
-
12 054
Employee
35 085
-
17 537
-
social contributions
2 281
-
1 140
-
income
4 210
-
2 104
-
solidarity contribution
-
-
-
-
health
4 737
-
2 368
-
total
11 228
-
5 612
-
Employer
35 085
-
17 537
-
social contributions
8 771
-
4 384
-
health
3 158
-
1 578
-
total
11 929
-
5 962
-
Corporate
-
23 500
-
-
income
-
4 465
-
-
total
-
4 465
-
-
Dividends
-
19 035
-
-
withholding
-
2 855
-
-
total
-
2 855
-
-
Income
23 500
23 500
23 500
23 500
Total tax
23 157
7 320
11 574
12 054
After tax
343
16 180
11 926
11 446
Living cost
23 858
23 858
23 858
23 858
Free-cash
-23 515
-7 678
-11 932
-12 412

Estimated living cost  is ₽23858 per week

₽16572
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1697
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5120
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28426
-₽27933
-₽61739
-₽30157
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
23 500
municipal
-
-
-
129
regional
-
-
-
198
social contributions
-
-
-
7 433
national
-
-
-
3 695
total
-
-
-
11 455
Employee
85 240
-
23 500
-
social contributions
28 743
-
9 745
-
municipal
451
-
109
-
regional
804
-
169
-
national
14 770
-
3 163
-
total
44 768
-
13 186
-
Employer
85 240
-
23 500
-
total
-
-
-
-
Corporate
-
23 500
-
-
nationa
-
5 640
-
-
municipal
-
917
-
-
total
-
6 557
-
-
Dividends
-
16 942
-
-
withholding
-
4 405
-
-
total
-
4 405
-
-
Income
23 500
23 500
23 500
23 500
Total tax
44 768
10 962
13 186
11 455
After tax
-21 268
12 538
10 314
12 045
Living cost
40 471
40 471
40 471
40 471
Free-cash
-61 739
-27 933
-30 157
-28 426

Estimated living cost  is ₽40471 per week

₽28212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2654
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8984
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7632
-₽6382
-₽14894
-₽8146
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
23 500
pensions
-
-
-
4 699
health
-
-
-
1 669
surtax
-
-
-
-
other
-
-
-
-
unemployment
-
-
-
218
income
-
-
-
3 382
total
-
-
-
9 968
Employee
31 717
-
19 412
-
surtax
104
-
-
-
pensions
2 115
-
1 294
-
other
-
-
-
-
unemployment
2 208
-
1 351
-
income
5 317
-
3 254
-
health
810
-
495
-
total
10 554
-
6 394
-
Employer
31 717
-
19 412
-
pensions
4 228
-
2 588
-
other
-
-
-
-
unemployment
1 005
-
615
-
health
1 443
-
885
-
total
6 676
-
4 088
-
Corporate
-
23 500
-
-
income
-
6 110
-
-
total
-
6 110
-
-
Dividends
-
17 390
-
-
withholding
-
2 608
-
-
total
-
2 608
-
-
Income
23 500
23 500
23 500
23 500
Total tax
17 230
8 718
10 482
9 968
After tax
6 270
14 782
13 018
13 532
Living cost
21 164
21 164
21 164
21 164
Free-cash
-14 894
-6 382
-8 146
-7 632

Estimated living cost  is ₽21164 per week

₽12941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1953
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.
₽5782
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽25099
-₽25872
-₽44524
-₽26461
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
23 500
pensions
-
-
-
526
income
-
-
-
4 594
total
-
-
-
5 120
Employee
60 346
-
21 863
-
pensions
5 122
-
505
-
income
10 869
-
4 254
-
health
876
-
86
-
total
16 867
-
4 845
-
Employer
60 346
-
21 863
-
pensions
6 532
-
1 222
-
health
1 146
-
415
-
total
7 678
-
1 637
-
Corporate
-
23 500
-
-
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.

-
4 466
-
-
total
-
4 466
-
-
Dividends
-
19 034
-
-
withholding
-
1 427
-
-
total
-
1 427
-
-
Income
23 500
23 500
23 500
23 500
Total tax
24 545
5 893
6 482
5 120
After tax
-1 045
17 607
17 018
18 380
Living cost
43 479
43 479
43 479
43 479
Free-cash
-44 524
-25 872
-26 461
-25 099

Estimated living cost  is ₽43479 per week

₽32574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3259
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽56481
-₽65959
-₽74815
-₽59359
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
23 500
regional
-
-
-
148
city
-
-
-
246
pensions
-
-
-
2 161
health
-
-
-
250
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.

-
-
-
471
national
-
-
-
-
total
-
-
-
3 276
Employee
89 765
-
20 143
-
regional
2 939
-
79
-
national
425
-
-
-
pensions
7 541
-
2 689
-
unemployment
-
-
-
-
city
963
-
205
-
health
203
-
45
-
total
12 071
-
3 018
-
Employer
89 765
-
20 143
-
pensions
7 541
-
2 689
-
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.

1 795
-
402
-
unemployment
-
-
-
-
health
203
-
45
-
total
9 539
-
3 136
-
Corporate
-
23 500
-
-
regional
-
4 970
-
-
national
-
1 998
-
-
total
-
6 968
-
-
Dividends
-
16 532
-
-
withholding
-
5 786
-
-
total
-
5 786
-
-
Income
23 500
23 500
23 500
23 500
Total tax
21 610
12 754
6 154
3 276
After tax
1 890
10 746
17 346
20 224
Living cost
76 705
76 705
76 705
76 705
Free-cash
-74 815
-65 959
-59 359
-56 481

Estimated living cost  is ₽76705 per week

₽49880
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽942
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽27027
-₽32090
-₽34140
-₽27027
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
23 500
trade
-
-
-
-
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.

-
-
-
6 552
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.

-
-
-
2
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.

-
-
-
36
total
-
-
-
6 590
Employee

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

57 641
-
23 500
-
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.

373
-
2
-
income

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

6 778
-
36
-
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.

6 552
-
6 552
-
total
13 703
-
6 590
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
23 500
-
-
trade
-
4 030
-
-
income
-
3 526
-
-
chamber of commerce
-
178
-
-
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.

-
195
-
-
total
-
7 929
-
-
Dividends
-
15 572
-
-
withholding
-
3 529
-
-
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.

-
195
-
-
total
-
3 724
-
-
Income
23 500
23 500
23 500
23 500
Total tax
13 703
11 653
6 590
6 590
After tax
9 797
11 847
16 910
16 910
Living cost
43 937
43 937
43 937
43 937
Free-cash
-34 140
-32 090
-27 027
-27 027

Estimated living cost  is ₽43937 per week

₽32090
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3515
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.
₽7763
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18595
-₽20969
-₽30367
-₽17441
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
23 500
pensions
-
-
-
7 628
health
-
-
-
257
surtax
-
-
-
-
other
-
-
-
728
social contributions
-
-
-
668
income
-
-
-
-
total
-
-
-
9 281
Employee
41 049
-
17 909
-
social contributions
1 170
-
510
-
surtax
-
-
-
-
pensions
4 641
-
2 026
-
income
2 423
-
-
-
total
8 234
-
2 536
-
Employer
41 049
-
17 909
-
pensions
6 743
-
2 941
-
social contributions
124
-
55
-
other
1 416
-
617
-
unemployment
1 662
-
724
-
health
2 874
-
1 254
-
total
12 819
-
5 591
-
Corporate
-
23 500
-
-
income
-
6 580
-
-
surtax
-
-
-
-
total
-
6 580
-
-
Dividends
-
16 920
-
-
withholding
-
2 166
-
-
surtax
-
-
-
-
social contributions
-
2 909
-
-
total
-
5 075
-
-
Income
23 500
23 500
23 500
23 500
Total tax
21 053
11 655
8 127
9 281
After tax
2 447
11 845
15 373
14 219
Living cost
32 814
32 814
32 814
32 814
Free-cash
-30 367
-20 969
-17 441
-18 595

Estimated living cost  is ₽32814 per week

₽20691
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8898
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15344
-₽17718
-₽24584
-₽14190
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
23 500
pensions
-
-
-
7 628
health
-
-
-
257
surtax
-
-
-
-
other
-
-
-
728
social contributions
-
-
-
668
income
-
-
-
-
total
-
-
-
9 281
Employee
36 642
-
17 909
-
social contributions
1 045
-
510
-
surtax
-
-
-
-
pensions
4 144
-
2 026
-
income
1 889
-
-
-
total
7 078
-
2 536
-
Employer
36 642
-
17 909
-
pensions
6 021
-
2 941
-
social contributions
109
-
55
-
other
1 265
-
617
-
unemployment
1 483
-
724
-
health
2 565
-
1 254
-
total
11 443
-
5 591
-
Corporate
-
23 500
-
-
income
-
6 580
-
-
surtax
-
-
-
-
total
-
6 580
-
-
Dividends
-
16 920
-
-
withholding
-
2 166
-
-
surtax
-
-
-
-
social contributions
-
2 909
-
-
total
-
5 075
-
-
Income
23 500
23 500
23 500
23 500
Total tax
18 521
11 655
8 127
9 281
After tax
4 979
11 845
15 373
14 219
Living cost
29 563
29 563
29 563
29 563
Free-cash
-24 584
-17 718
-14 190
-15 344

Estimated living cost  is ₽29563 per week

₽17145
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3003
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5247
-₽6002
-₽11539
-₽8461
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
23 500
health
-
-
-
1 640
social contributions
-
-
-
3 243
income
-
-
-
3 526
total
-
-
-
8 409
Employee
32 520
-
23 500
-
social contributions
4 488
-
3 243
-
income
5 424
-
6 740
-
health
2 270
-
1 640
-
total
12 182
-
11 623
-
Employer
32 520
-
23 500
-
total
-
-
-
-
Corporate
-
23 500
-
-
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%.

-
1 176
-
-
total
-
1 176
-
-
Dividends
-
22 324
-
-
withholding
-
3 349
-
-
social contributions
1 673
3 081
-
-
health
846
1 558
-
-
total
2 519
7 988
-
-
Income
23 500
23 500
23 500
23 500
Total tax
14 701
9 164
11 623
8 409
After tax
8 799
14 336
11 877
15 091
Living cost
20 338
20 338
20 338
20 338
Free-cash
-11 539
-6 002
-8 461
-5 247

Estimated living cost  is ₽20338 per week

₽13611
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1254
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5003
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22608
-₽32137
-₽39324
-₽27299
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
23 500
pensions
-
-
-
4 348
health
-
-
-
1 798
surtax
-
-
-
189
unemployment
-
-
-
5 883
income
-
-
-
-
chamber of commerce
-
-
-
95
total
-
-
-
12 313
Employee
47 932
38 222
38 222
-
pensions
4 909
3 913
1 729
-
other
479
382
169
-
unemployment
1 438
1 147
506
-
income
5 457
2 819
4 026
-
health
1 855
1 480
653
-
total
14 138
9 741
7 083
-
Employer
47 932
38 222
38 222
-
payroll
1 438
1 147
1 147
-
chamber of commerce
191
153
153
-
pensions
6 015
4 798
2 120
-
surtax
189
189
189
-
other
2 277
1 815
1 634
-
unemployment
1 438
1 147
506
-
accident
622
497
220
-
health
1 811
1 445
639
-
total
13 981
11 191
6 608
-
Corporate
3 640
3 640
13 251
-
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.

910
910
3 313
-
total
910
910
3 313
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
23 500
23 500
23 500
23 500
Total tax
29 029
21 842
17 004
12 313
After tax
-5 529
1 658
6 496
11 187
Living cost
33 795
33 795
33 795
33 795
Free-cash
-39 324
-32 137
-27 299
-22 608

Estimated living cost  is ₽33795 per week

₽22540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2883
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.
₽7817
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22244
-₽21527
-₽65076
-₽24053
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
23 500
social contributions
-
-
-
5 056
communal

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

-
-
-
1 107
national
-
-
-
4 610
total
-
-
-
10 773
Employee

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

68 606
-
18 202
-
national
21 092
-
3 955
-
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.

5 145
-
1 365
-
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.

597
-
158
-
communal

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

3 578
-
950
-
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.

3 223
-
855
-
total
33 635
-
7 283
-
Employer

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

68 606
-
18 202
-
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.

6 079
-
1 613
-
surtax
7 779
-
2 064
-
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.

1 001
-
266
-
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.

892
-
237
-
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.

4 219
-
1 119
-
total
19 970
-
5 299
-
Corporate
-
23 500
-
-
income
-
4 699
-
-
surtax
-
95
-
-
total
-
4 794
-
-
Dividends
-
18 706
-
-
withholding

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

-
5 262
-
-
total
-
5 262
-
-
Income
23 500
23 500
23 500
23 500
Total tax
53 605
10 056
12 582
10 773
After tax
-30 105
13 444
10 918
12 727
Living cost
34 971
34 971
34 971
34 971
Free-cash
-65 076
-21 527
-24 053
-22 244

Estimated living cost  is ₽34971 per week

₽22526
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3058
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8840
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21313
-₽18641
-₽39460
-₽25523
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
23 500
pensions
-
-
-
6 651
other
-
-
-
24
unemployment
-
-
-
164
accident
-
-
-
211
income
-
-
-
3 125
total
-
-
-
10 175
Employee
47 742
-
13 289
-
pensions
2 244
-
1 505
-
other
47
-
33
-
unemployment
741
-
497
-
income
10 073
-
2 139
-
total
13 105
-
4 174
-
Employer
47 742
-
13 289
-
pensions
11 266
-
7 559
-
other
380
-
257
-
unemployment
2 626
-
1 762
-
accident
945
-
633
-
total
15 217
-
10 211
-
Corporate
-
23 500
-
-
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.

-
3 526
-
-
total
-
3 526
-
-
Dividends
-
19 974
-
-
withholding
-
3 977
-
-
total
-
3 977
-
-
Income
23 500
23 500
23 500
23 500
Total tax
28 322
7 503
14 385
10 175
After tax
-4 822
15 997
9 115
13 325
Living cost
34 638
34 638
34 638
34 638
Free-cash
-39 460
-18 641
-25 523
-21 313

Estimated living cost  is ₽34638 per week

₽25507
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2457
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽40623
-₽36045
-₽57810
-₽40623
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
23 500
pensions
-
-
-
7 302
health
-
-
-
3 422
surtax
-
-
-
866
accident
-
-
-
411
communal
-
-
-
-
income
-
-
-
-
total
-
-
-
12 001
Employee
72 633
-
18 045
-
surtax
4 452
-
865
-
pensions
5 810
-
3 651
-
income
7 016
-
-
-
health
3 232
-
2 031
-
total
20 510
-
6 547
-
Employer
72 633
-
18 045
-
pensions
5 810
-
3 651
-
accident
653
-
411
-
health
2 215
-
1 392
-
total
8 678
-
5 454
-
Corporate
-
23 500
-
-
communal
-
-
-
-
income
-
3 526
-
-
surtax
-
248
-
-
total
-
3 774
-
-
Dividends
-
19 727
-
-
withholding
-
2 959
-
-
income
-
690
-
-
total
-
3 649
-
-
Income
23 500
23 500
23 500
23 500
Total tax
29 188
7 423
12 001
12 001
After tax
-5 688
16 077
11 499
11 499
Living cost
52 122
52 122
52 122
52 122
Free-cash
-57 810
-36 045
-40 623
-40 623

Estimated living cost  is ₽52122 per week

₽39099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3158
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9312
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8011
-₽6761
-₽15601
-₽8525
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
23 500
pensions
-
-
-
4 699
health
-
-
-
1 669
surtax
-
-
-
-
other
-
-
-
-
unemployment
-
-
-
218
income
-
-
-
3 382
total
-
-
-
9 968
Employee
32 300
-
19 412
-
surtax
115
-
-
-
pensions
2 155
-
1 294
-
other
-
-
-
-
unemployment
2 248
-
1 351
-
income
5 415
-
3 254
-
health
825
-
495
-
total
10 758
-
6 394
-
Employer
32 300
-
19 412
-
pensions
4 306
-
2 588
-
other
-
-
-
-
unemployment
1 025
-
615
-
health
1 469
-
885
-
total
6 800
-
4 088
-
Corporate
-
23 500
-
-
income
-
6 110
-
-
total
-
6 110
-
-
Dividends
-
17 390
-
-
withholding
-
2 608
-
-
total
-
2 608
-
-
Income
23 500
23 500
23 500
23 500
Total tax
17 558
8 718
10 482
9 968
After tax
5 942
14 782
13 018
13 532
Living cost
21 543
21 543
21 543
21 543
Free-cash
-15 601
-6 761
-8 525
-8 011

Estimated living cost  is ₽21543 per week

₽13006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1873
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6165
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13919
-₽13484
-₽29704
-₽15631
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
23 500
municipal
-
-
-
129
regional
-
-
-
326
social contributions
-
-
-
7 433
national
-
-
-
3 695
total
-
-
-
11 583
Employee
53 203
-
23 500
-
social contributions
17 941
-
9 745
-
municipal
282
-
109
-
regional
716
-
278
-
national
8 429
-
3 163
-
total
27 368
-
13 295
-
Employer
53 203
-
23 500
-
total
-
-
-
-
Corporate
-
23 500
-
-
nationa
-
5 640
-
-
municipal
-
1 169
-
-
total
-
6 809
-
-
Dividends
-
16 691
-
-
withholding
-
4 339
-
-
total
-
4 339
-
-
Income
23 500
23 500
23 500
23 500
Total tax
27 368
11 148
13 295
11 583
After tax
-3 868
12 352
10 205
11 917
Living cost
25 836
25 836
25 836
25 836
Free-cash
-29 704
-13 484
-15 631
-13 919

Estimated living cost  is ₽25836 per week

₽16068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2617
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6709
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17953
-₽13219
-₽34434
-₽17473
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
23 500
health
-
-
-
3 172
social contributions
-
-
-
6 862
solidarity contribution
-
-
-
-
income
-
-
-
2 020
total
-
-
-
12 054
Employee
43 234
-
17 537
-
social contributions
2 810
-
1 140
-
income
5 188
-
2 104
-
solidarity contribution
-
-
-
-
health
5 837
-
2 368
-
total
13 835
-
5 612
-
Employer
43 234
-
17 537
-
social contributions
10 809
-
4 384
-
health
3 891
-
1 578
-
total
14 700
-
5 962
-
Corporate
-
23 500
-
-
income
-
4 465
-
-
total
-
4 465
-
-
Dividends
-
19 035
-
-
withholding
-
2 855
-
-
total
-
2 855
-
-
Income
23 500
23 500
23 500
23 500
Total tax
28 535
7 320
11 574
12 054
After tax
-5 035
16 180
11 926
11 446
Living cost
29 399
29 399
29 399
29 399
Free-cash
-34 434
-13 219
-17 473
-17 953

Estimated living cost  is ₽29399 per week

₽21863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1629
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5399
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19223
-₽28752
-₽31402
-₽24005
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
23 500
pensions
-
-
-
4 348
health
-
-
-
1 798
surtax
-
-
-
-
unemployment
-
-
-
5 883
income
-
-
-
-
chamber of commerce
-
-
-
95
total
-
-
-
12 124
Employee
41 926
38 222
38 222
-
pensions
4 294
3 913
1 745
-
other
419
382
171
-
unemployment
1 258
1 147
511
-
income
3 735
2 819
4 015
-
health
1 622
1 480
659
-
total
11 328
9 741
7 101
-
Employer
41 926
38 222
38 222
-
payroll
1 258
1 147
1 147
-
chamber of commerce
167
153
153
-
pensions
5 262
4 798
2 139
-
surtax
-
-
-
-
other
1 991
1 815
1 636
-
unemployment
1 258
1 147
511
-
accident
544
497
222
-
health
1 585
1 445
644
-
total
12 065
11 002
6 452
-
Corporate
3 640
3 640
13 408
-
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.

910
910
3 353
-
total
910
910
3 353
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
23 500
23 500
23 500
23 500
Total tax
24 303
21 653
16 906
12 124
After tax
-803
1 847
6 594
11 376
Living cost
30 599
30 599
30 599
30 599
Free-cash
-31 402
-28 752
-24 005
-19 223

Estimated living cost  is ₽30599 per week

₽18356
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3125
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.
₽8573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10961
₽10021
₽7714
₽6496
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
23 500
microenterprise

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

-
-
-
235
total
-
-
-
235
Employee
15 380
-
23 500
-
income
3 076
-
4 700
-
total
3 076
-
4 700
-
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%.

8 120
23 500
-
-
total
-
-
-
-
Dividends
8 120
23 500
-
-
withholding
406
1 175
-
-
total
406
1 175
-
-
Income
23 500
23 500
23 500
23 500
Total tax
3 482
1 175
4 700
235
After tax
20 018
22 325
18 800
23 265
Living cost
12 304
12 304
12 304
12 304
Free-cash
7 714
10 021
6 496
10 961

Estimated living cost  is ₽12304 per week

₽8326
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽516
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3048
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11812
-₽9547
-₽25516
-₽12559
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
23 500
pensions
-
-
-
4 292
health
-
-
-
2 312
unemployment
-
-
-
35
income
-
-
-
2 947
total
-
-
-
9 586
Employee

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

42 412
-
20 333
-
pensions
6 574
-
3 152
-
unemployment
60
-
29
-
income
7 314
-
2 671
-
health
2 739
-
1 314
-
total
16 687
-
7 166
-
Employer

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

42 412
-
20 333
-
pensions
3 753
-
1 800
-
unemployment
25
-
13
-
health
2 825
-
1 354
-
total
6 603
-
3 167
-
Corporate
-
23 500
-
-
income
-
4 465
-
-
total
-
4 465
-
-
Dividends
-
19 035
-
-
withholding
-
2 856
-
-
total
-
2 856
-
-
Income
23 500
23 500
23 500
23 500
Total tax
23 290
7 321
10 333
9 586
After tax
210
16 179
13 167
13 914
Living cost
25 726
25 726
25 726
25 726
Free-cash
-25 516
-9 547
-12 559
-11 812

Estimated living cost  is ₽25726 per week

₽17655
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1649
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5924
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽25641
-₽27584
-₽121223
-₽32619
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
23 500
social contributions
-
-
-
2 679
income
-
-
-
4 581
total
-
-
-
7 260
Employee
60 051
-
7 380
-
social contributions
4 924
-
702
-
income
13 246
-
1 469
-
total
18 170
-
2 171
-
Employer
60 051
-
7 380
-
social contributions
84 672
-
12 067
-
total
84 672
-
12 067
-
Corporate
-
23 500
-
-
income
-
5 170
-
-
total
-
5 170
-
-
Dividends
-
18 330
-
-
income
-
4 033
-
-
total
-
4 033
-
-
Income
23 500
23 500
23 500
23 500
Total tax
102 842
9 203
14 238
7 260
After tax
-79 342
14 297
9 262
16 240
Living cost
41 881
41 881
41 881
41 881
Free-cash
-121 223
-27 584
-32 619
-25 641

Estimated living cost  is ₽41881 per week

₽27174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3939
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16122
-₽16716
-₽31087
-₽15974
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
23 500
surtax
-
-
-
-
social contributions

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

-
-
-
8 167
income
-
-
-
1 371
total
-
-
-
9 538
Employee
44 112
-
18 990
-
social contributions
4 852
-
2 089
-
surtax
-
-
-
-
income
9 175
-
2 791
-
total
14 027
-
4 880
-
Employer
44 112
-
18 990
-
social contributions
10 476
-
4 510
-
total
10 476
-
4 510
-
Corporate
-
23 500
-
-
income
-
4 934
-
-
surtax
-
-
-
-
total
-
4 934
-
-
Dividends
-
18 566
-
-
withholding
-
5 198
-
-
total
-
5 198
-
-
Income
23 500
23 500
23 500
23 500
Total tax
24 503
10 132
9 390
9 538
After tax
-1 003
13 368
14 110
13 962
Living cost
30 084
30 084
30 084
30 084
Free-cash
-31 087
-16 716
-15 974
-16 122

Estimated living cost  is ₽30084 per week

₽22509
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1775
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5298
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽32105
-₽34479
-₽55330
-₽30951
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
23 500
pensions
-
-
-
7 628
health
-
-
-
257
surtax
-
-
-
-
other
-
-
-
728
social contributions
-
-
-
668
income
-
-
-
-
total
-
-
-
9 281
Employee
60 071
-
17 909
-
social contributions
1 711
-
510
-
surtax
-
-
-
-
pensions
6 794
-
2 026
-
income
5 241
-
-
-
total
13 746
-
2 536
-
Employer
60 071
-
17 909
-
pensions
9 870
-
2 941
-
social contributions
180
-
55
-
other
2 073
-
617
-
unemployment
2 433
-
724
-
health
4 204
-
1 254
-
total
18 760
-
5 591
-
Corporate
-
23 500
-
-
income
-
6 580
-
-
surtax
-
-
-
-
total
-
6 580
-
-
Dividends
-
16 920
-
-
withholding
-
2 166
-
-
surtax
-
-
-
-
social contributions
-
2 909
-
-
total
-
5 075
-
-
Income
23 500
23 500
23 500
23 500
Total tax
32 506
11 655
8 127
9 281
After tax
-9 006
11 845
15 373
14 219
Living cost
46 324
46 324
46 324
46 324
Free-cash
-55 330
-34 479
-30 951
-32 105

Estimated living cost  is ₽46324 per week

₽31351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3789
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽635
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10547
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10500
-₽7681
-₽12115
-₽9804
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
23 500
social contributions
-
-
-
5 169
income
-
-
-
-
total
-
-
-
5 169
Employee
30 834
-
20 346
-
social contributions
2 004
-
1 321
-
income
-
-
-
-
total
2 004
-
1 321
-
Employer
30 834
-
20 346
-
social contributions
4 780
-
3 152
-
total
4 780
-
3 152
-
Corporate
-
23 500
-
-
income
-
2 350
-
-
total
-
2 350
-
-
Dividends
-
21 150
-
-
total
-
-
-
-
Income
23 500
23 500
23 500
23 500
Total tax
6 784
2 350
4 473
5 169
After tax
16 716
21 150
19 027
18 331
Living cost
28 831
28 831
28 831
28 831
Free-cash
-12 115
-7 681
-9 804
-10 500

Estimated living cost  is ₽28831 per week

₽18641
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2173
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7473
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28859
-₽185250
-₽185250
-₽185250
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
23 500
municipal
-
-
-
2 182
pensions
-
-
-
830
labour market
-
-
-
1 814
national
-
-
-
1 390
total
-
-
-
6 216
Employee
194 757
194 757
194 757
-
municipal
41 472
41 472
41 472
-
national
23 793
23 793
23 793
-
pensions
277
277
277
-
labour market
15 558
15 558
15 558
-
total
81 100
81 100
81 100
-
Employer
194 757
194 757
194 757
-
labour market
15 581
15 581
15 581
-
pensions
554
554
554
-
municipal
41 538
41 538
41 538
-
national
23 834
23 834
23 834
-
total
81 507
81 507
81 507
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
23 500
23 500
23 500
23 500
Total tax
162 607
162 607
162 607
6 216
After tax
-139 107
-139 107
-139 107
17 284
Living cost
46 143
46 143
46 143
46 143
Free-cash
-185 250
-185 250
-185 250
-28 859

Estimated living cost  is ₽46143 per week

₽31580
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4082
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽710
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9770
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7459
-₽19284
-₽16623
-₽8777
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
23 500
pensions
-
-
-
4 067
health
-
-
-
2 132
other
-
-
-
362
accident
-
-
-
247
income
-
-
-
2 963
total
-
-
-
9 771
Employee
33 330
-
19 522
-
pensions
3 753
-
2 198
-
income
4 572
-
2 678
-
health
3 817
-
2 235
-
total
12 142
-
7 111
-
Employer
33 330
-
19 522
-
pensions
5 419
-
3 174
-
unemployment
817
-
478
-
accident
557
-
326
-
total
6 793
-
3 978
-
Corporate
-
23 500
-
-
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.

-
21 150
-
-
total
-
21 150
-
-
Dividends
-
2 350
-
-
withholding
-
446
-
-
total
-
446
-
-
Income
23 500
23 500
23 500
23 500
Total tax
18 935
21 596
11 089
9 771
After tax
4 565
1 904
12 411
13 729
Living cost
21 188
21 188
21 188
21 188
Free-cash
-16 623
-19 284
-8 777
-7 459

Estimated living cost  is ₽21188 per week

₽15422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1208
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17553
-₽20559
-₽36483
-₽21950
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
23 500
municipal
-
-
-
4 230
health
-
-
-
-
national
-
-
-
-
total
-
-
-
4 230
Employee
50 461
-
19 769
-
municipal
8 265
-
3 265
-
national
834
-
-
-
pensions
3 405
-
1 334
-
unemployment
757
-
297
-
health
377
-
-
-
total
13 638
-
4 896
-
Employer
50 461
-
19 769
-
pensions
8 755
-
3 429
-
unemployment
328
-
129
-
accident
51
-
20
-
health
388
-
153
-
total
9 522
-
3 731
-
Corporate
-
23 500
-
-
income
-
4 699
-
-
total
-
4 699
-
-
Dividends

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

-
14 100
-
-
municipal
-
2 537
-
-
national
-
-
-
-
total
-
2 537
-
-
Income
23 500
23 500
23 500
23 500
Total tax
23 160
7 236
8 627
4 230
After tax
340
16 264
14 873
19 270
Living cost
36 823
36 823
36 823
36 823
Free-cash
-36 483
-20 559
-21 950
-17 553

Estimated living cost  is ₽36823 per week

₽24053
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3542
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8644
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5324
-₽20394
-₽13505
-₽12008
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 461
health
-
-
-
930
social contributions
-
-
-
5 688
income
-
-
-
-
total
-
-
-
6 618
Employee
73 751
73 751
73 751
-
social contributions
2 788
6 121
2 064
-
income
8 030
6 827
8 292
-
health
572
1 254
422
-
total
11 390
14 202
10 778
-
Employer
73 751
73 751
73 751
-
social contributions
2 788
6 121
2 064
-
health
621
1 365
460
-
total
3 409
7 486
2 524
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
23 500
23 500
23 500
23 500
Total tax
14 799
21 688
13 302
6 618
After tax
8 701
1 812
10 198
16 882
Living cost
22 206
22 206
22 206
22 206
Free-cash
-13 505
-20 394
-12 008
-5 324

Estimated living cost  is ₽22206 per week

₽13309
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2179
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6228
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2577
₽4233
-₽780
-₽495
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 500
pensions
-
-
-
6 101
health
-
-
-
3 471
unemployment
-
-
-
27
income
-
-
-
1 250
total
-
-
-
10 849
Employee

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

22 015
-
21 305
-
pensions
3 302
-
3 196
-
unemployment
109
-
107
-
income
1 505
-
1 458
-
health
1 871
-
1 811
-
total
6 787
-
6 572
-
Employer

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

22 015
-
21 305
-
pensions
1 210
-
1 172
-
unemployment
109
-
107
-
health
946
-
916
-
total
2 265
-
2 195
-
Corporate
-
23 500
-
-
income
-
2 115
-
-
total
-
2 115
-
-
Dividends
-
21 385
-
-
withholding
-
1 924
-
-
total
-
1 924
-
-
Income
23 500
23 500
23 500
23 500
Total tax
9 052
4 039
8 767
10 849
After tax
14 448
19 461
14 733
12 651
Living cost
15 228
15 228
15 228
15 228
Free-cash
-780
4 233
-495
-2 577

Estimated living cost  is ₽15228 per week

₽9716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1098
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3961
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13050
-₽10378
-₽23271
-₽17260
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
23 500
pensions
-
-
-
6 651
other
-
-
-
24
unemployment
-
-
-
164
accident
-
-
-
211
income
-
-
-
3 125
total
-
-
-
10 175
Employee
35 464
-
13 289
-
pensions
1 667
-
1 505
-
other
35
-
33
-
unemployment
550
-
497
-
income
6 837
-
2 139
-
total
9 089
-
4 174
-
Employer
35 464
-
13 289
-
pensions
8 369
-
7 559
-
other
284
-
257
-
unemployment
1 951
-
1 762
-
accident
703
-
633
-
total
11 307
-
10 211
-
Corporate
-
23 500
-
-
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.

-
3 526
-
-
total
-
3 526
-
-
Dividends
-
19 974
-
-
withholding
-
3 977
-
-
total
-
3 977
-
-
Income
23 500
23 500
23 500
23 500
Total tax
20 396
7 503
14 385
10 175
After tax
3 104
15 997
9 115
13 325
Living cost
26 375
26 375
26 375
26 375
Free-cash
-23 271
-10 378
-17 260
-13 050

Estimated living cost  is ₽26375 per week

₽17802
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2535
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12303
₽12791
₽12482
₽12168
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
23 500
pensions
-
-
-
1 366
health
-
-
-
990
income
-
-
-
6 968
total
-
-
-
9 324
Employee
2 853
-
21 963
-
pensions
257
-
615
-
unemployment
29
-
68
-
income
552
-
6 897
-
health
143
-
342
-
total
981
-
7 922
-
Employer
2 853
-
21 963
-
pensions
314
-
751
-
unemployment
57
-
137
-
health
271
-
649
-
total
642
-
1 537
-
Corporate
20 006
23 500
-
-
income
4 401
5 170
-
-
total
4 401
5 170
-
-
Dividends
15 604
18 330
-
-
withholding
3 121
3 666
-
-
total
3 121
3 666
-
-
Income
23 500
23 500
23 500
23 500
Total tax
9 145
8 836
9 459
9 324
After tax
14 355
14 664
14 041
14 176
Living cost
1 873
1 873
1 873
1 873
Free-cash
12 482
12 791
12 168
12 303

Estimated living cost  is ₽1873 per week

₽1113
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽152
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4057
₽398
-₽5979
-₽3046
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
23 500
pensions
-
-
-
6 110
health
-
-
-
2 420
unemployment
-
-
-
352
income
-
-
-
2 094
total
-
-
-
10 976
Employee

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

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

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

25 003
-
19 932
-
pensions
3 500
-
2 790
-
unemployment
188
-
149
-
income
3 446
-
2 431
-
health
1 288
-
1 027
-
total
8 422
-
6 397
-
Employer

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

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

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

25 003
-
19 932
-
pensions
3 000
-
2 392
-
unemployment
188
-
149
-
health
1 288
-
1 027
-
total
4 476
-
3 568
-
Corporate
-
23 500
-
-
income
-
3 525
-
-
total
-
3 525
-
-
Dividends
-
19 975
-
-
withholding
-
2 996
-
-
total
-
2 996
-
-
Income
23 500
23 500
23 500
23 500
Total tax
12 898
6 521
9 965
10 976
After tax
10 602
16 979
13 535
12 524
Living cost
16 581
16 581
16 581
16 581
Free-cash
-5 979
398
-3 046
-4 057

Estimated living cost  is ₽16581 per week

₽11164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1283
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.
₽3655
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11895
-₽12489
-₽22566
-₽11747
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
23 500
surtax
-
-
-
-
social contributions

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

-
-
-
8 167
income
-
-
-
1 371
total
-
-
-
9 538
Employee
37 225
-
18 990
-
social contributions
4 095
-
2 089
-
surtax
-
-
-
-
income
7 274
-
2 791
-
total
11 369
-
4 880
-
Employer
37 225
-
18 990
-
social contributions
8 840
-
4 510
-
total
8 840
-
4 510
-
Corporate
-
23 500
-
-
income
-
4 934
-
-
surtax
-
-
-
-
total
-
4 934
-
-
Dividends
-
18 566
-
-
withholding
-
5 198
-
-
total
-
5 198
-
-
Income
23 500
23 500
23 500
23 500
Total tax
20 209
10 132
9 390
9 538
After tax
3 291
13 368
14 110
13 962
Living cost
25 857
25 857
25 857
25 857
Free-cash
-22 566
-12 489
-11 747
-11 895

Estimated living cost  is ₽25857 per week

₽18314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1796
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5289
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20382
-₽17710
-₽37590
-₽24592
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
23 500
pensions
-
-
-
6 651
other
-
-
-
24
unemployment
-
-
-
164
accident
-
-
-
211
income
-
-
-
3 125
total
-
-
-
10 175
Employee
46 321
-
13 289
-
pensions
2 177
-
1 505
-
other
46
-
33
-
unemployment
717
-
497
-
income
9 675
-
2 139
-
total
12 615
-
4 174
-
Employer
46 321
-
13 289
-
pensions
10 932
-
7 559
-
other
371
-
257
-
unemployment
2 548
-
1 762
-
accident
917
-
633
-
total
14 768
-
10 211
-
Corporate
-
23 500
-
-
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.

-
3 526
-
-
total
-
3 526
-
-
Dividends
-
19 974
-
-
withholding
-
3 977
-
-
total
-
3 977
-
-
Income
23 500
23 500
23 500
23 500
Total tax
27 383
7 503
14 385
10 175
After tax
-3 883
15 997
9 115
13 325
Living cost
33 708
33 708
33 708
33 708
Free-cash
-37 590
-17 710
-24 592
-20 382

Estimated living cost  is ₽33708 per week

₽24207
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2621
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.
₽6405
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2785
₽3608
-₽2610
-₽1650
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
23 500
pensions

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

-
-
-
3 478
health
-
-
-
2 703
unemployment
-
-
-
94
income
-
-
-
3 525
total
-
-
-
9 800
Employee
21 829
-
19 646
-
accident

We are using the highest rate at 1.1%.

240
-
216
-
pensions

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

1 916
-
1 725
-
income
2 183
-
1 965
-
health
1 004
-
904
-
total
5 343
-
4 810
-
Employer
21 829
-
19 646
-
pensions

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

2 405
-
2 165
-
unemployment
131
-
118
-
accident

We are using the highest rate at 1.1%.

240
-
216
-
health
1 506
-
1 356
-
total
4 282
-
3 855
-
Corporate
-
23 500
-
-
income
-
2 350
-
-
total
-
2 350
-
-
Dividends
-
21 150
-
-
withholding
-
1 057
-
-
total
-
1 057
-
-
Income
23 500
23 500
23 500
23 500
Total tax
9 625
3 407
8 665
9 800
After tax
13 875
20 093
14 835
13 700
Living cost
16 485
16 485
16 485
16 485
Free-cash
-2 610
3 608
-1 650
-2 785

Estimated living cost  is ₽16485 per week

₽10903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽944
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20119
-₽24700
-₽24222
-₽20119
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
23 500
trade
-
-
-
-
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.

-
-
-
6 552
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.

-
-
-
2
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.

-
-
-
36
total
-
-
-
6 590
Employee

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

47 722
-
23 500
-
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.

217
-
2
-
income

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

3 924
-
36
-
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.

6 552
-
6 552
-
total
10 693
-
6 590
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
23 500
-
-
trade
-
3 373
-
-
income
-
3 526
-
-
chamber of commerce
-
180
-
-
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.

-
195
-
-
total
-
7 274
-
-
Dividends
-
16 227
-
-
withholding
-
3 693
-
-
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.

-
204
-
-
total
-
3 897
-
-
Income
23 500
23 500
23 500
23 500
Total tax
10 693
11 171
6 590
6 590
After tax
12 807
12 329
16 910
16 910
Living cost
37 029
37 029
37 029
37 029
Free-cash
-24 222
-24 700
-20 119
-20 119

Estimated living cost  is ₽37029 per week

₽25543
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽33406
-₽38185
-₽51525
-₽33406
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
23 500
social contributions
-
-
-
575
income
-
-
-
1 696
total
-
-
-
2 271
Employee
75 024
-
23 500
-
social contributions
6 233
-
575
-
income
14 157
-
1 696
-
total
20 390
-
2 271
-
Employer
75 024
-
23 500
-
total
-
-
-
-
Corporate
-
23 500
-
-
income
-
2 938
-
-
total
-
2 938
-
-
Dividends
-
20 562
-
-
withholding
-
4 112
-
-
total
-
4 112
-
-
Income
23 500
23 500
23 500
23 500
Total tax
20 390
7 050
2 271
2 271
After tax
3 110
16 450
21 229
21 229
Living cost
54 635
54 635
54 635
54 635
Free-cash
-51 525
-38 185
-33 406
-33 406

Estimated living cost  is ₽54635 per week

₽41566
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4452
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.
₽8096
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽44521
-₽22404
-₽27769
-₽15995
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
23 500
health

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

-
-
-
5 904
income
-
-
-
27 301
total
-
-
-
33 205
Employee
43 998
-
21 360
-
social contributions
4 408
-
2 140
-
income
4 774
-
399
-
total
9 182
-
2 539
-
Employer
43 998
-
21 360
-
social contributions
4 408
-
2 140
-
total
4 408
-
2 140
-
Corporate
-
23 500
-
-
income
-
8 225
-
-
total
-
8 225
-
-
Dividends
-
15 275
-
-
social contributions
2 863
2 863
-
-
total
2 863
2 863
-
-
Income
23 500
23 500
23 500
23 500
Total tax
16 453
11 088
4 679
33 205
After tax
7 047
12 412
18 821
-9 705
Living cost
34 816
34 816
34 816
34 816
Free-cash
-27 769
-22 404
-15 995
-44 521

Estimated living cost  is ₽34816 per week

₽22933
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.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16967
-₽17740
-₽30843
-₽18329
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
23 500
pensions
-
-
-
526
income
-
-
-
4 594
total
-
-
-
5 120
Employee
48 519
-
21 863
-
pensions
3 703
-
505
-
income
8 836
-
4 254
-
health
633
-
86
-
total
13 172
-
4 845
-
Employer
48 519
-
21 863
-
pensions
4 902
-
1 222
-
health
922
-
415
-
total
5 824
-
1 637
-
Corporate
-
23 500
-
-
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.

-
4 466
-
-
total
-
4 466
-
-
Dividends
-
19 034
-
-
withholding
-
1 427
-
-
total
-
1 427
-
-
Income
23 500
23 500
23 500
23 500
Total tax
18 996
5 893
6 482
5 120
After tax
4 504
17 607
17 018
18 380
Living cost
35 347
35 347
35 347
35 347
Free-cash
-30 843
-17 740
-18 329
-16 967

Estimated living cost  is ₽35347 per week

₽24248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3251
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7404
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
-₽9557
-₽21382
-₽20594
-₽10875
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
23 500
pensions
-
-
-
4 067
health
-
-
-
2 132
other
-
-
-
362
accident
-
-
-
247
income
-
-
-
2 963
total
-
-
-
9 771
Employee
36 629
-
19 522
-
pensions
4 124
-
2 198
-
income
5 025
-
2 678
-
health
4 194
-
2 235
-
total
13 343
-
7 111
-
Employer
36 629
-
19 522
-
pensions
5 956
-
3 174
-
unemployment
897
-
478
-
accident
612
-
326
-
total
7 465
-
3 978
-
Corporate
-
23 500
-
-
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.

-
21 150
-
-
total
-
21 150
-
-
Dividends
-
2 350
-
-
withholding
-
446
-
-
total
-
446
-
-
Income
23 500
23 500
23 500
23 500
Total tax
20 808
21 596
11 089
9 771
After tax
2 692
1 904
12 411
13 729
Living cost
23 286
23 286
23 286
23 286
Free-cash
-20 594
-21 382
-10 875
-9 557

Estimated living cost  is ₽23286 per week

₽17089
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1357
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4370
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1747
₽7035
₽2377
₽1747
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
23 500
pensions
-
-
-
4 324
health insurance
-
-
-
1 739
work injury
-
-
-
118
unemployment
-
-
-
282
income
-
-
-
2 350
total
-
-
-
8 813
Employee

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

20 704
-
23 500
-
pensions
3 810
-
4 324
-
health insurance
1 532
-
1 739
-
unemployment
248
-
282
-
income
2 070
-
2 350
-
work injury
104
-
118
-
total
7 764
-
8 813
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
2 796
23 500
-
-
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
2 796
23 500
-
-
withholding
419
3 525
-
-
total
419
3 525
-
-
Income
23 500
23 500
23 500
23 500
Total tax
8 183
3 525
8 813
8 813
After tax
15 317
19 975
14 687
14 687
Living cost
12 940
12 940
12 940
12 940
Free-cash
2 377
7 035
1 747
1 747

Estimated living cost  is ₽12940 per week

₽8017
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.
₽404
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3580
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26259
-₽25831
-₽57321
-₽27979
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
23 500
municipal
-
-
-
144
regional
-
-
-
278
social contributions
-
-
-
7 433
national
-
-
-
3 695
total
-
-
-
11 550
Employee
80 821
-
23 500
-
social contributions
27 252
-
9 745
-
municipal
482
-
124
-
regional
1 220
-
238
-
national
13 658
-
3 163
-
total
42 612
-
13 270
-
Employer
80 821
-
23 500
-
total
-
-
-
-
Corporate
-
23 500
-
-
nationa
-
5 640
-
-
municipal
-
1 132
-
-
total
-
6 772
-
-
Dividends
-
16 727
-
-
withholding
-
4 350
-
-
total
-
4 350
-
-
Income
23 500
23 500
23 500
23 500
Total tax
42 612
11 122
13 270
11 550
After tax
-19 112
12 378
10 230
11 950
Living cost
38 209
38 209
38 209
38 209
Free-cash
-57 321
-25 831
-27 979
-26 259

Estimated living cost  is ₽38209 per week

₽26839
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽577
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8163
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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