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
₽ 25500
per

Your estimated
City
free-cash

Dresden , Germany
-₽10229
-₽15738
-₽10229
-₽10910
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
25 500
health

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

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

-
-
-
6 503
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.

-
-
-
372
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.

-
-
-
20
trade
-
-
-
-
total
-
-
-
6 895
Employee

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

36 410
-
25 500
-
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
-
20
-
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.

1 017
-
372
-
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.

6 503
-
6 503
-
total
7 576
-
6 895
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
25 500
-
-
chamber of commerce
-
181
-
-
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.

-
210
-
-
trade
-
4 016
-
-
income
-
3 824
-
-
total
-
8 231
-
-
Dividends
-
17 270
-
-
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
-
-
withholding
-
3 956
-
-
total
-
4 173
-
-
Income
25 500
25 500
25 500
25 500
Total tax
7 576
12 404
6 895
6 895
After tax
17 924
13 096
18 605
18 605
Living cost
28 834
28 834
28 834
28 834
Free-cash
-10 910
-15 738
-10 229
-10 229

Estimated living cost  is ₽28834 per week

₽18137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3362
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽32397
-₽34426
-₽32596
-₽59615
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
25 500
social contributions
-
-
-
274
pensions
-
-
-
3 060
national
-
-
-
2 689
municipal
-
-
-
1 735
total
-
-
-
7 758
Employee
78 034
-
22 045
-
municipal
9 638
-
1 834
-
national
14 936
-
2 842
-
pensions
3 121
-
882
-
total
27 695
-
5 558
-
Employer
78 034
-
22 045
-
pensions
6 243
-
1 764
-
social contributions
839
-
237
-
total
7 082
-
2 001
-
Corporate
-
25 500
-
-
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%.

-
5 100
-
-
total
-
5 100
-
-
Dividends
-
20 400
-
-
withholding
-
4 488
-
-
total
-
4 488
-
-
Income
25 500
25 500
25 500
25 500
Total tax
34 777
9 588
7 559
7 758
After tax
-9 277
15 912
17 941
17 742
Living cost
50 338
50 338
50 338
50 338
Free-cash
-59 615
-34 426
-32 397
-32 596

Estimated living cost  is ₽50338 per week

₽34214
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4679
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽753
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10691
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5172
₽596
-₽1125
-₽9016
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
25 500
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.

-
-
-
2 997
income
-
-
-
-
surtax
-
-
-
-
microenterprise
-
-
-
3 824
total
-
-
-
6 821
Employee
27 816
-
20 550
-
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.

3 060
-
2 260
-
income
4 952
-
3 658
-
total
8 012
-
5 918
-
Employer
27 816
-
20 550
-
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.

6 700
-
4 950
-
total
6 700
-
4 950
-
Corporate
-
25 500
-
-
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%.

-
5 100
-
-
total
-
5 100
-
-
Dividends

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

-
20 400
-
-
total
-
-
-
-
Income
25 500
25 500
25 500
25 500
Total tax
14 712
5 100
10 868
6 821
After tax
10 788
20 400
14 632
18 679
Living cost
19 804
19 804
19 804
19 804
Free-cash
-9 016
596
-5 172
-1 125

Estimated living cost  is ₽19804 per week

₽12635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1886
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽69030
-₽63686
-₽25177
-₽69030
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
25 500
health
-
-
-
3 915
income
-
-
-
2 294
pensions
-
-
-
4 590
total
-
-
-
10 799
Employee
81 292
81 292
81 292
-
income

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

13 306
13 306
13 306
-
pensions
14 633
11 153
14 633
-
health
12 477
10 613
12 477
-
total
40 416
35 072
40 416
-
Employer
81 292
81 292
81 292
-
unemployment
2 927
2 927
2 927
-
health
5 651
5 651
5 651
-
pensions
5 658
5 658
5 658
-
total
14 236
14 236
14 236
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
25 500
25 500
25 500
25 500
Total tax
54 652
49 308
54 652
10 799
After tax
-29 152
-23 808
-29 152
14 701
Living cost
39 878
39 878
39 878
39 878
Free-cash
-69 030
-63 686
-69 030
-25 177

Estimated living cost  is ₽39878 per week

₽28261
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽634
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7389
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽25523
-₽25218
-₽26429
-₽47796
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
25 500
other
-
-
-
2 963
health
-
-
-
1 591
accident
-
-
-
51
pensions
-
-
-
2 757
national
-
-
-
-
unemployment
-
-
-
25
municipal
-
-
-
5 401
total
-
-
-
12 788
Employee
55 773
-
19 404
-
municipal
16 631
-
5 786
-
national
-
-
-
-
total
16 631
-
5 786
-
Employer
55 773
-
19 404
-
other
6 481
-
2 255
-
unemployment
1 472
-
512
-
health
3 430
-
1 193
-
accident
112
-
39
-
pensions
6 029
-
2 097
-
total
17 524
-
6 096
-
Corporate
-
25 500
-
-
income
-
5 610
-
-
total
-
5 610
-
-
Dividends
-
19 890
-
-
withholding
-
5 967
-
-
total
-
5 967
-
-
Income
25 500
25 500
25 500
25 500
Total tax
34 155
11 577
11 882
12 788
After tax
-8 655
13 923
13 618
12 712
Living cost
39 141
39 141
39 141
39 141
Free-cash
-47 796
-25 218
-25 523
-26 429

Estimated living cost  is ₽39141 per week

₽25941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3841
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18791
-₽24432
-₽18791
-₽22775
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
25 500
health

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

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

-
-
-
6 503
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.

-
-
-
372
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.

-
-
-
20
trade
-
-
-
-
total
-
-
-
6 895
Employee

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

48 275
-
25 500
-
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.

228
-
20
-
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.

4 148
-
372
-
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.

6 503
-
6 503
-
total
10 879
-
6 895
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
25 500
-
-
chamber of commerce
-
181
-
-
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.

-
210
-
-
trade
-
4 195
-
-
income
-
3 824
-
-
total
-
8 410
-
-
Dividends
-
17 091
-
-
surtax

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

-
215
-
-
withholding
-
3 911
-
-
total
-
4 126
-
-
Income
25 500
25 500
25 500
25 500
Total tax
10 879
12 536
6 895
6 895
After tax
14 621
12 964
18 605
18 605
Living cost
37 396
37 396
37 396
37 396
Free-cash
-22 775
-24 432
-18 791
-18 791

Estimated living cost  is ₽37396 per week

₽25011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3944
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7884
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18580
-₽26902
-₽11944
-₽21698
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 189
social contributions
-
-
-
5 645
health
-
-
-
923
income
-
-
-
-
total
-
-
-
6 568
Employee
73 200
73 200
73 200
-
social contributions
3 557
6 075
2 049
-
income
7 687
6 776
8 230
-
health
728
1 245
419
-
total
11 972
14 096
10 698
-
Employer
73 200
73 200
73 200
-
health
793
1 355
457
-
social contributions
3 557
6 075
2 049
-
total
4 350
7 430
2 506
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
25 500
25 500
25 500
25 500
Total tax
16 322
21 526
13 204
6 568
After tax
9 178
3 974
12 296
18 932
Living cost
30 876
30 876
30 876
30 876
Free-cash
-21 698
-26 902
-18 580
-11 944

Estimated living cost  is ₽30876 per week

₽21107
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2412
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.
₽6839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2896
-₽3048
-₽12
-₽4995
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
25 500
health
-
-
-
1 785
income
-
-
-
3 117
pensions
-
-
-
2 550
unemployment
-
-
-
382
total
-
-
-
7 834
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.

25 519
10 156
21 339
-
income
3 120
1 242
2 609
-
pensions
2 552
1 016
2 134
-
health
1 786
711
1 494
-
unemployment
383
152
320
-
total
7 841
3 121
6 557
-
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.

25 519
10 156
21 339
-
pensions
4 976
1 980
4 161
-
total
4 976
1 980
4 161
-
Corporate
-
13 363
-
-
income
-
1 203
-
-
total
-
1 203
-
-
Dividends
-
12 161
-
-
social contributions
-
2 255
-
-
withholding
-
2 311
-
-
total
-
4 566
-
-
Income
25 500
25 500
25 500
25 500
Total tax
12 817
10 870
10 718
7 834
After tax
12 683
14 630
14 782
17 666
Living cost
17 678
17 678
17 678
17 678
Free-cash
-4 995
-3 048
-2 896
-12

Estimated living cost  is ₽17678 per week

₽12064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1446
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.
₽3815
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6127
-₽2593
-₽7158
-₽10633
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
25 500
health
-
-
-
3 315
income
-
-
-
1 248
pensions
-
-
-
5 102
total
-
-
-
9 665
Employee
27 005
-
19 058
-
income
3 040
-
1 507
-
pensions
540
-
381
-
unemployment
432
-
305
-
total
4 012
-
2 193
-
Employer
27 005
-
19 058
-
unemployment
217
-
152
-
health
3 510
-
2 477
-
pensions
5 401
-
3 812
-
total
9 128
-
6 441
-
Corporate
-
25 500
-
-
income
-
5 100
-
-
total
-
5 100
-
-
Dividends
-
20 400
-
-
total
-
-
-
-
Income
25 500
25 500
25 500
25 500
Total tax
13 140
5 100
8 634
9 665
After tax
12 360
20 400
16 866
15 835
Living cost
22 993
22 993
22 993
22 993
Free-cash
-10 633
-2 593
-6 127
-7 158

Estimated living cost  is ₽22993 per week

₽15771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1369
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.
₽5391
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7554
-₽18954
-₽5518
-₽14302
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
25 500
other
-
-
-
354
health
-
-
-
2 084
accident
-
-
-
241
income
-
-
-
3 345
pensions
-
-
-
3 975
total
-
-
-
9 999
Employee
33 064
-
21 183
-
income
4 536
-
2 906
-
pensions
3 723
-
2 386
-
health
3 786
-
2 426
-
total
12 045
-
7 718
-
Employer
33 064
-
21 183
-
unemployment
810
-
519
-
accident
552
-
354
-
pensions
5 376
-
3 444
-
total
6 738
-
4 317
-
Corporate
-
25 500
-
-
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.

-
22 950
-
-
total
-
22 950
-
-
Dividends
-
2 550
-
-
withholding
-
485
-
-
total
-
485
-
-
Income
25 500
25 500
25 500
25 500
Total tax
18 783
23 435
12 035
9 999
After tax
6 717
2 065
13 465
15 501
Living cost
21 019
21 019
21 019
21 019
Free-cash
-14 302
-18 954
-7 554
-5 518

Estimated living cost  is ₽21019 per week

₽15405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1165
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4011
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12493
₽16318
₽17338
₽14836
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
25 500
microenterprise

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

-
-
-
255
total
-
-
-
255
Employee
9 884
-
25 500
-
income
1 976
-
5 100
-
total
1 976
-
5 100
-
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%.

15 616
25 500
-
-
total
-
-
-
-
Dividends
15 616
25 500
-
-
withholding
781
1 275
-
-
total
781
1 275
-
-
Income
25 500
25 500
25 500
25 500
Total tax
2 757
1 275
5 100
255
After tax
22 743
24 225
20 400
25 245
Living cost
7 907
7 907
7 907
7 907
Free-cash
14 836
16 318
12 493
17 338

Estimated living cost  is ₽7907 per week

₽4900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽657
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.
₽2132
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10417
-₽6630
-₽11556
-₽17775
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
25 500
other
-
-
-
1 210
health
-
-
-
1 122
income
-
-
-
3 239
pensions

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

-
-
-
6 120
total
-
-
-
11 691
Employee
34 564
-
20 368
-
income
5 951
-
3 506
-
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.

2 419
-
1 425
-
health
484
-
285
-
unemployment
345
-
204
-
total
9 199
-
5 420
-
Employer
34 564
-
20 368
-
other
1 729
-
1 019
-
unemployment
345
-
204
-
health
484
-
285
-
accident
276
-
163
-
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.

5 877
-
3 461
-
total
8 711
-
5 132
-
Corporate
-
25 500
-
-
income
-
5 354
-
-
total
-
5 354
-
-
Dividends
-
20 146
-
-
withholding
-
1 411
-
-
total
-
1 411
-
-
Income
25 500
25 500
25 500
25 500
Total tax
17 910
6 765
10 552
11 691
After tax
7 590
18 735
14 948
13 809
Living cost
25 365
25 365
25 365
25 365
Free-cash
-17 775
-6 630
-10 417
-11 556

Estimated living cost  is ₽25365 per week

₽17922
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1713
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5322
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽44620
-₽43678
-₽42967
-₽75507
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
25 500
income
-
-
-
4 954
pensions
-
-
-
728
total
-
-
-
5 682
Employee
88 831
-
23 569
-
income
16 013
-
4 540
-
health
1 464
-
126
-
pensions
8 570
-
738
-
total
26 047
-
5 404
-
Employer
88 831
-
23 569
-
health
1 687
-
449
-
pensions
10 488
-
1 482
-
total
12 175
-
1 931
-
Corporate
-
25 500
-
-
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.

-
4 844
-
-
total
-
4 844
-
-
Dividends
-
20 656
-
-
withholding
-
1 549
-
-
total
-
1 549
-
-
Income
25 500
25 500
25 500
25 500
Total tax
38 222
6 393
7 335
5 682
After tax
-12 722
19 107
18 165
19 818
Living cost
62 785
62 785
62 785
62 785
Free-cash
-75 507
-43 678
-44 620
-42 967

Estimated living cost  is ₽62785 per week

₽47046
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7852
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽3743
₽9445
₽2509
₽5067
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
25 500
health
-
-
-
2 933
income
-
-
-
3 825
pensions

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

-
-
-
3 774
unemployment
-
-
-
102
total
-
-
-
10 634
Employee
16 363
-
21 317
-
income
1 636
-
2 132
-
accident

We are using the highest rate at 1.1%.

180
-
234
-
pensions

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

1 437
-
1 872
-
health
753
-
980
-
total
4 006
-
5 218
-
Employer
16 363
-
21 317
-
unemployment
98
-
128
-
health
1 129
-
1 471
-
accident

We are using the highest rate at 1.1%.

180
-
234
-
pensions

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

1 803
-
2 349
-
total
3 210
-
4 182
-
Corporate
5 926
25 500
-
-
income
593
2 550
-
-
total
593
2 550
-
-
Dividends
5 334
22 950
-
-
withholding
267
1 148
-
-
total
267
1 148
-
-
Income
25 500
25 500
25 500
25 500
Total tax
8 076
3 698
9 400
10 634
After tax
17 424
21 802
16 100
14 866
Living cost
12 357
12 357
12 357
12 357
Free-cash
5 067
9 445
3 743
2 509

Estimated living cost  is ₽12357 per week

₽7214
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽882
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽327
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽81939
-₽76595
-₽38086
-₽78210
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
25 500
health
-
-
-
3 915
income
-
-
-
2 294
pensions
-
-
-
4 590
total
-
-
-
10 799
Employee
88 257
81 292
81 292
-
income

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

13 306
13 306
13 306
-
pensions
11 153
11 153
14 633
-
health
11 011
10 613
12 477
-
total
35 470
35 072
40 416
-
Employer
88 257
81 292
81 292
-
unemployment
3 178
2 927
2 927
-
health
6 133
5 651
5 651
-
pensions
6 142
5 658
5 658
-
total
15 453
14 236
14 236
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
25 500
25 500
25 500
25 500
Total tax
50 923
49 308
54 652
10 799
After tax
-25 423
-23 808
-29 152
14 701
Living cost
52 787
52 787
52 787
52 787
Free-cash
-78 210
-76 595
-81 939
-38 086

Estimated living cost  is ₽52787 per week

₽38939
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4715
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8528
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10493
-₽5876
-₽11014
-₽20676
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
25 500
social contributions
-
-
-
7 446
health
-
-
-
3 443
income
-
-
-
2 192
solidarity contribution
-
-
-
-
total
-
-
-
13 081
Employee
34 460
-
19 030
-
social contributions
2 240
-
1 237
-
solidarity contribution
-
-
-
-
income
4 135
-
2 284
-
health
4 652
-
2 569
-
total
11 027
-
6 090
-
Employer
34 460
-
19 030
-
health
3 101
-
1 713
-
social contributions
8 615
-
4 757
-
total
11 716
-
6 470
-
Corporate
-
25 500
-
-
income
-
4 845
-
-
total
-
4 845
-
-
Dividends
-
20 655
-
-
withholding
-
3 098
-
-
total
-
3 098
-
-
Income
25 500
25 500
25 500
25 500
Total tax
22 743
7 943
12 560
13 081
After tax
2 757
17 557
12 940
12 419
Living cost
23 433
23 433
23 433
23 433
Free-cash
-20 676
-5 876
-10 493
-11 014

Estimated living cost  is ₽23433 per week

₽16277
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1667
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28302
-₽26564
-₽26582
-₽59103
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
25 500
social contributions
-
-
-
7 378
national
-
-
-
4 168
regional
-
-
-
222
municipal
-
-
-
145
total
-
-
-
11 913
Employee
84 603
-
25 500
-
social contributions
28 528
-
9 672
-
municipal
448
-
126
-
national
14 660
-
3 640
-
regional
798
-
195
-
total
44 434
-
13 633
-
Employer
84 603
-
25 500
-
total
-
-
-
-
Corporate
-
25 500
-
-
nationa
-
6 120
-
-
municipal
-
995
-
-
total
-
7 115
-
-
Dividends
-
18 384
-
-
withholding
-
4 780
-
-
total
-
4 780
-
-
Income
25 500
25 500
25 500
25 500
Total tax
44 434
11 895
13 633
11 913
After tax
-18 934
13 605
11 867
13 587
Living cost
40 169
40 169
40 169
40 169
Free-cash
-59 103
-26 564
-28 302
-26 582

Estimated living cost  is ₽40169 per week

₽28001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2634
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽616
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6880
-₽4967
-₽6307
-₽12606
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
25 500
other
-
-
-
-
health
-
-
-
1 810
income
-
-
-
3 674
pensions
-
-
-
5 100
surtax
-
-
-
-
unemployment
-
-
-
217
total
-
-
-
10 801
Employee
31 480
-
21 065
-
surtax
103
-
-
-
income
5 277
-
3 532
-
other
-
-
-
-
pensions
2 099
-
1 405
-
health
804
-
538
-
unemployment
2 191
-
1 467
-
total
10 474
-
6 942
-
Employer
31 480
-
21 065
-
other
-
-
-
-
unemployment
997
-
668
-
health
1 433
-
957
-
pensions
4 196
-
2 807
-
total
6 626
-
4 432
-
Corporate
-
25 500
-
-
income
-
6 630
-
-
total
-
6 630
-
-
Dividends
-
18 870
-
-
withholding
-
2 831
-
-
total
-
2 831
-
-
Income
25 500
25 500
25 500
25 500
Total tax
17 100
9 461
11 374
10 801
After tax
8 400
16 039
14 126
14 699
Living cost
21 006
21 006
21 006
21 006
Free-cash
-12 606
-4 967
-6 880
-6 307

Estimated living cost  is ₽21006 per week

₽12844
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1938
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24728
-₽23786
-₽23075
-₽41607
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
25 500
income
-
-
-
4 954
pensions
-
-
-
728
total
-
-
-
5 682
Employee
59 532
-
23 569
-
income
10 722
-
4 540
-
health
864
-
126
-
pensions
5 053
-
738
-
total
16 639
-
5 404
-
Employer
59 532
-
23 569
-
health
1 131
-
449
-
pensions
6 444
-
1 482
-
total
7 575
-
1 931
-
Corporate
-
25 500
-
-
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.

-
4 844
-
-
total
-
4 844
-
-
Dividends
-
20 656
-
-
withholding
-
1 549
-
-
total
-
1 549
-
-
Income
25 500
25 500
25 500
25 500
Total tax
24 214
6 393
7 335
5 682
After tax
1 286
19 107
18 165
19 818
Living cost
42 893
42 893
42 893
42 893
Free-cash
-41 607
-23 786
-24 728
-23 075

Estimated living cost  is ₽42893 per week

₽32135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3215
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.
₽7094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽57052
-₽64473
-₽54192
-₽72082
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
25 500
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.

-
-
-
510
health
-
-
-
248
pensions
-
-
-
2 346
city
-
-
-
266
national
-
-
-
-
regional
-
-
-
188
total
-
-
-
3 558
Employee
89 097
-
22 000
-
national
422
-
-
-
city
956
-
225
-
pensions
7 485
-
2 769
-
health
201
-
49
-
regional
2 917
-
117
-
unemployment
-
-
-
-
total
11 981
-
3 160
-
Employer
89 097
-
22 000
-
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.

1 781
-
440
-
unemployment
-
-
-
-
health
201
-
49
-
pensions
7 485
-
2 769
-
total
9 467
-
3 258
-
Corporate
-
25 500
-
-
regional
-
5 393
-
-
national
-
2 167
-
-
total
-
7 560
-
-
Dividends
-
17 940
-
-
withholding
-
6 279
-
-
total
-
6 279
-
-
Income
25 500
25 500
25 500
25 500
Total tax
21 448
13 839
6 418
3 558
After tax
4 052
11 661
19 082
21 942
Living cost
76 134
76 134
76 134
76 134
Free-cash
-72 082
-64 473
-57 052
-54 192

Estimated living cost  is ₽76134 per week

₽49509
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽935
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18858
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽25004
-₽30777
-₽25004
-₽31709
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
25 500
health

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

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

-
-
-
6 503
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.

-
-
-
372
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.

-
-
-
20
trade
-
-
-
-
total
-
-
-
6 895
Employee

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

57 210
-
25 500
-
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.

370
-
20
-
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.

6 727
-
372
-
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.

6 503
-
6 503
-
total
13 600
-
6 895
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
25 500
-
-
chamber of commerce
-
181
-
-
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.

-
210
-
-
trade
-
4 374
-
-
income
-
3 824
-
-
total
-
8 589
-
-
Dividends
-
16 912
-
-
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.

-
213
-
-
withholding
-
3 866
-
-
total
-
4 079
-
-
Income
25 500
25 500
25 500
25 500
Total tax
13 600
12 668
6 895
6 895
After tax
11 900
12 832
18 605
18 605
Living cost
43 609
43 609
43 609
43 609
Free-cash
-31 709
-30 777
-25 004
-25 004

Estimated living cost  is ₽43609 per week

₽31850
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3488
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7705
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15891
-₽19716
-₽16979
-₽27964
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
25 500
other
-
-
-
791
social contributions
-
-
-
726
health
-
-
-
255
income
-
-
-
-
pensions
-
-
-
8 138
surtax
-
-
-
-
total
-
-
-
9 910
Employee
40 742
-
19 430
-
surtax
-
-
-
-
social contributions
1 162
-
555
-
income
2 404
-
-
-
pensions
4 607
-
2 197
-
total
8 173
-
2 752
-
Employer
40 742
-
19 430
-
other
1 405
-
670
-
unemployment
1 649
-
788
-
health
2 852
-
1 360
-
pensions
6 693
-
3 194
-
social contributions
123
-
58
-
total
12 722
-
6 070
-
Corporate
-
25 500
-
-
surtax
-
-
-
-
income
-
7 139
-
-
total
-
7 139
-
-
Dividends
-
18 361
-
-
social contributions
-
3 158
-
-
surtax
-
-
-
-
withholding
-
2 350
-
-
total
-
5 508
-
-
Income
25 500
25 500
25 500
25 500
Total tax
20 895
12 647
8 822
9 910
After tax
4 605
12 853
16 678
15 590
Living cost
32 569
32 569
32 569
32 569
Free-cash
-27 964
-19 716
-15 891
-16 979

Estimated living cost  is ₽32569 per week

₽20536
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2648
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.
₽8832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12664
-₽16489
-₽13752
-₽22224
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
25 500
other
-
-
-
791
social contributions
-
-
-
726
health
-
-
-
255
income
-
-
-
-
pensions
-
-
-
8 138
surtax
-
-
-
-
total
-
-
-
9 910
Employee
36 368
-
19 430
-
surtax
-
-
-
-
social contributions
1 037
-
555
-
income
1 875
-
-
-
pensions
4 113
-
2 197
-
total
7 025
-
2 752
-
Employer
36 368
-
19 430
-
other
1 256
-
670
-
unemployment
1 472
-
788
-
health
2 545
-
1 360
-
pensions
5 976
-
3 194
-
social contributions
108
-
58
-
total
11 357
-
6 070
-
Corporate
-
25 500
-
-
surtax
-
-
-
-
income
-
7 139
-
-
total
-
7 139
-
-
Dividends
-
18 361
-
-
social contributions
-
3 158
-
-
surtax
-
-
-
-
withholding
-
2 350
-
-
total
-
5 508
-
-
Income
25 500
25 500
25 500
25 500
Total tax
18 382
12 647
8 822
9 910
After tax
7 118
12 853
16 678
15 590
Living cost
29 342
29 342
29 342
29 342
Free-cash
-22 224
-16 489
-12 664
-13 752

Estimated living cost  is ₽29342 per week

₽17017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8789
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3810
-₽4629
-₽3808
-₽9277
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
25 500
social contributions
-
-
-
3 519
health
-
-
-
1 779
income
-
-
-
3 824
total
-
-
-
9 122
Employee
32 277
-
25 500
-
social contributions
4 455
-
3 519
-
income
5 383
-
3 826
-
health
2 253
-
1 779
-
total
12 091
-
9 124
-
Employer
32 277
-
25 500
-
total
-
-
-
-
Corporate
-
25 500
-
-
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%.

-
1 275
-
-
total
-
1 275
-
-
Dividends
-
24 225
-
-
social contributions
1 660
3 344
-
-
withholding
-
3 633
-
-
health
840
1 691
-
-
total
2 500
8 668
-
-
Income
25 500
25 500
25 500
25 500
Total tax
14 591
9 943
9 124
9 122
After tax
10 909
15 557
16 376
16 378
Living cost
20 186
20 186
20 186
20 186
Free-cash
-9 277
-4 629
-3 810
-3 808

Estimated living cost  is ₽20186 per week

₽13509
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1245
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4966
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽25965
-₽29720
-₽20839
-₽36854
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
25 500
health
-
-
-
1 951
income
-
-
-
-
chamber of commerce
-
-
-
101
pensions
-
-
-
4 717
surtax
-
-
-
188
unemployment
-
-
-
5 839
total
-
-
-
12 796
Employee
47 574
37 936
37 936
-
income
5 416
2 798
3 882
-
other
475
379
186
-
pensions
4 872
3 884
1 900
-
health
1 841
1 469
719
-
unemployment
1 427
1 138
556
-
total
14 031
9 668
7 243
-
Employer
47 574
37 936
37 936
-
other
2 260
1 801
1 637
-
unemployment
1 427
1 138
556
-
health
1 797
1 434
701
-
surtax
188
188
188
-
accident
618
493
242
-
pensions
5 970
4 762
2 329
-
payroll
1 427
1 138
1 138
-
chamber of commerce
190
152
152
-
total
13 877
11 106
6 943
-
Corporate
3 613
3 613
14 945
-
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.

903
903
3 736
-
total
903
903
3 736
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
25 500
25 500
25 500
25 500
Total tax
28 811
21 677
17 922
12 796
After tax
-3 311
3 823
7 578
12 704
Living cost
33 543
33 543
33 543
33 543
Free-cash
-36 854
-29 720
-25 965
-20 839

Estimated living cost  is ₽33543 per week

₽22372
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2861
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.
₽7759
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22863
-₽20153
-₽17465
-₽62416
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
25 500
social contributions
-
-
-
215
communal

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

-
-
-
1 517
national
-
-
-
6 524
total
-
-
-
8 256
Employee

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

68 093
-
19 750
-
national
20 935
-
4 292
-
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.

5 107
-
1 481
-
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.

3 199
-
929
-
communal

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

3 552
-
1 030
-
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.

593
-
172
-
total
33 386
-
7 904
-
Employer

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

68 093
-
19 750
-
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.

994
-
289
-
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.

4 187
-
1 214
-
surtax
7 721
-
2 240
-
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.

885
-
257
-
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.

6 034
-
1 750
-
total
19 821
-
5 750
-
Corporate
-
25 500
-
-
surtax
-
101
-
-
income
-
5 100
-
-
total
-
5 201
-
-
Dividends
-
20 299
-
-
withholding

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

-
5 743
-
-
total
-
5 743
-
-
Income
25 500
25 500
25 500
25 500
Total tax
53 207
10 944
13 654
8 256
After tax
-27 707
14 556
11 846
17 244
Living cost
34 709
34 709
34 709
34 709
Free-cash
-62 416
-20 153
-22 863
-17 465

Estimated living cost  is ₽34709 per week

₽22357
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3035
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8774
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23570
-₽17039
-₽19920
-₽36991
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
25 500
other
-
-
-
25
accident
-
-
-
229
income
-
-
-
3 391
pensions
-
-
-
7 217
unemployment
-
-
-
179
total
-
-
-
11 041
Employee
47 385
-
15 366
-
income
9 998
-
2 536
-
other
47
-
33
-
pensions
2 227
-
1 494
-
unemployment
735
-
493
-
total
13 007
-
4 556
-
Employer
47 385
-
15 366
-
other
378
-
255
-
unemployment
2 607
-
1 749
-
accident
938
-
629
-
pensions
11 182
-
7 502
-
total
15 105
-
10 135
-
Corporate
-
25 500
-
-
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.

-
3 824
-
-
total
-
3 824
-
-
Dividends
-
21 676
-
-
withholding
-
4 336
-
-
total
-
4 336
-
-
Income
25 500
25 500
25 500
25 500
Total tax
28 112
8 160
14 691
11 041
After tax
-2 612
17 340
10 809
14 459
Living cost
34 379
34 379
34 379
34 379
Free-cash
-36 991
-17 039
-23 570
-19 920

Estimated living cost  is ₽34379 per week

₽25316
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2439
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6128
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽38299
-₽34286
-₽38297
-₽55203
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
25 500
health
-
-
-
3 396
accident
-
-
-
408
income
-
-
-
-
pensions
-
-
-
7 248
communal
-
-
-
-
surtax
-
-
-
1 012
total
-
-
-
12 064
Employee
72 090
-
20 086
-
surtax
4 419
-
1 012
-
income
6 963
-
-
-
pensions
5 766
-
3 624
-
health
3 208
-
2 016
-
total
20 356
-
6 652
-
Employer
72 090
-
20 086
-
health
2 199
-
1 382
-
accident
649
-
408
-
pensions
5 766
-
3 624
-
total
8 614
-
5 414
-
Corporate
-
25 500
-
-
surtax
-
267
-
-
income
-
3 824
-
-
communal
-
-
-
-
total
-
4 091
-
-
Dividends
-
21 408
-
-
income
-
750
-
-
withholding
-
3 212
-
-
total
-
3 962
-
-
Income
25 500
25 500
25 500
25 500
Total tax
28 970
8 053
12 066
12 064
After tax
-3 470
17 447
13 434
13 436
Living cost
51 733
51 733
51 733
51 733
Free-cash
-55 203
-34 286
-38 299
-38 297

Estimated living cost  is ₽51733 per week

₽38807
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3134
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9242
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7256
-₽5343
-₽6683
-₽13307
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
25 500
other
-
-
-
-
health
-
-
-
1 810
income
-
-
-
3 674
pensions
-
-
-
5 100
surtax
-
-
-
-
unemployment
-
-
-
217
total
-
-
-
10 801
Employee
32 058
-
21 065
-
surtax
114
-
-
-
income
5 374
-
3 532
-
other
-
-
-
-
pensions
2 139
-
1 405
-
health
818
-
538
-
unemployment
2 231
-
1 467
-
total
10 676
-
6 942
-
Employer
32 058
-
21 065
-
other
-
-
-
-
unemployment
1 017
-
668
-
health
1 458
-
957
-
pensions
4 274
-
2 807
-
total
6 749
-
4 432
-
Corporate
-
25 500
-
-
income
-
6 630
-
-
total
-
6 630
-
-
Dividends
-
18 870
-
-
withholding
-
2 831
-
-
total
-
2 831
-
-
Income
25 500
25 500
25 500
25 500
Total tax
17 425
9 461
11 374
10 801
After tax
8 075
16 039
14 126
14 699
Living cost
21 382
21 382
21 382
21 382
Free-cash
-13 307
-5 343
-7 256
-6 683

Estimated living cost  is ₽21382 per week

₽12909
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6119
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13903
-₽12241
-₽12203
-₽27307
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
25 500
social contributions
-
-
-
7 378
national
-
-
-
4 168
regional
-
-
-
369
municipal
-
-
-
145
total
-
-
-
12 060
Employee
52 806
-
25 500
-
social contributions
17 807
-
9 672
-
municipal
280
-
126
-
national
8 366
-
3 640
-
regional
711
-
322
-
total
27 164
-
13 760
-
Employer
52 806
-
25 500
-
total
-
-
-
-
Corporate
-
25 500
-
-
nationa
-
6 120
-
-
municipal
-
1 268
-
-
total
-
7 388
-
-
Dividends
-
18 111
-
-
withholding
-
4 710
-
-
total
-
4 710
-
-
Income
25 500
25 500
25 500
25 500
Total tax
27 164
12 098
13 760
12 060
After tax
-1 664
13 402
11 740
13 440
Living cost
25 643
25 643
25 643
25 643
Free-cash
-27 307
-12 241
-13 903
-12 203

Estimated living cost  is ₽25643 per week

₽15948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2598
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6659
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15936
-₽11318
-₽16456
-₽31402
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
25 500
social contributions
-
-
-
7 446
health
-
-
-
3 443
income
-
-
-
2 192
solidarity contribution
-
-
-
-
total
-
-
-
13 081
Employee
42 464
-
19 030
-
social contributions
2 760
-
1 237
-
solidarity contribution
-
-
-
-
income
5 096
-
2 284
-
health
5 733
-
2 569
-
total
13 589
-
6 090
-
Employer
42 464
-
19 030
-
health
3 822
-
1 713
-
social contributions
10 616
-
4 757
-
total
14 438
-
6 470
-
Corporate
-
25 500
-
-
income
-
4 845
-
-
total
-
4 845
-
-
Dividends
-
20 655
-
-
withholding
-
3 098
-
-
total
-
3 098
-
-
Income
25 500
25 500
25 500
25 500
Total tax
28 027
7 943
12 560
13 081
After tax
-2 527
17 557
12 940
12 419
Living cost
28 876
28 876
28 876
28 876
Free-cash
-31 402
-11 318
-15 936
-16 456

Estimated living cost  is ₽28876 per week

₽21474
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5303
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22694
-₽26359
-₽17478
-₽28989
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
25 500
health
-
-
-
1 951
income
-
-
-
-
chamber of commerce
-
-
-
101
pensions
-
-
-
4 717
surtax
-
-
-
-
unemployment
-
-
-
5 839
total
-
-
-
12 608
Employee
41 612
37 936
37 936
-
income
3 707
2 798
3 871
-
other
415
379
188
-
pensions
4 262
3 884
1 917
-
health
1 610
1 469
724
-
unemployment
1 248
1 138
562
-
total
11 242
9 668
7 262
-
Employer
41 612
37 936
37 936
-
other
1 976
1 801
1 638
-
unemployment
1 248
1 138
562
-
health
1 573
1 434
706
-
surtax
-
-
-
-
accident
540
493
244
-
pensions
5 223
4 762
2 348
-
payroll
1 248
1 138
1 138
-
chamber of commerce
166
152
152
-
total
11 974
10 918
6 788
-
Corporate
3 613
3 613
15 098
-
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.

903
903
3 774
-
total
903
903
3 774
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
25 500
25 500
25 500
25 500
Total tax
24 119
21 489
17 824
12 608
After tax
1 381
4 011
7 676
12 892
Living cost
30 370
30 370
30 370
30 370
Free-cash
-28 989
-26 359
-22 694
-17 478

Estimated living cost  is ₽30370 per week

₽18218
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3102
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.
₽8509
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8078
₽11903
₽12923
₽9592
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
25 500
microenterprise

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

-
-
-
255
total
-
-
-
255
Employee
15 402
-
25 500
-
income
3 081
-
5 100
-
total
3 081
-
5 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

10 098
25 500
-
-
total
-
-
-
-
Dividends
10 098
25 500
-
-
withholding
505
1 275
-
-
total
505
1 275
-
-
Income
25 500
25 500
25 500
25 500
Total tax
3 586
1 275
5 100
255
After tax
21 914
24 225
20 400
25 245
Living cost
12 322
12 322
12 322
12 322
Free-cash
9 592
11 903
8 078
12 923

Estimated living cost  is ₽12322 per week

₽8338
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽517
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.
₽3053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11390
-₽7976
-₽10583
-₽23150
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
25 500
health
-
-
-
2 509
income
-
-
-
3 346
pensions
-
-
-
4 657
unemployment
-
-
-
38
total
-
-
-
10 550
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.

42 095
-
22 066
-
income
7 259
-
3 046
-
pensions
6 525
-
3 420
-
health
2 719
-
1 425
-
unemployment
60
-
31
-
total
16 563
-
7 922
-
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.

42 095
-
22 066
-
unemployment
25
-
13
-
health
2 804
-
1 469
-
pensions
3 725
-
1 953
-
total
6 554
-
3 435
-
Corporate
-
25 500
-
-
income
-
4 845
-
-
total
-
4 845
-
-
Dividends
-
20 655
-
-
withholding
-
3 098
-
-
total
-
3 098
-
-
Income
25 500
25 500
25 500
25 500
Total tax
23 117
7 943
11 357
10 550
After tax
2 383
17 557
14 143
14 950
Living cost
25 533
25 533
25 533
25 533
Free-cash
-23 150
-7 976
-11 390
-10 583

Estimated living cost  is ₽25533 per week

₽17523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5880
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽32175
-₽27615
-₽25507
-₽123537
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
25 500
social contributions
-
-
-
2 907
income
-
-
-
4 971
total
-
-
-
7 878
Employee
61 841
-
7 067
-
social contributions
5 071
-
723
-
income
13 641
-
1 396
-
total
18 712
-
2 119
-
Employer
61 841
-
7 067
-
social contributions
87 196
-
12 427
-
total
87 196
-
12 427
-
Corporate
-
25 500
-
-
income
-
5 610
-
-
total
-
5 610
-
-
Dividends
-
19 890
-
-
income
-
4 376
-
-
total
-
4 376
-
-
Income
25 500
25 500
25 500
25 500
Total tax
105 908
9 986
14 546
7 878
After tax
-80 408
15 514
10 954
17 622
Living cost
43 129
43 129
43 129
43 129
Free-cash
-123 537
-27 615
-32 175
-25 507

Estimated living cost  is ₽43129 per week

₽27984
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4056
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14649
-₽15353
-₽14709
-₽28680
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
25 500
social contributions

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

-
-
-
8 861
income
-
-
-
1 489
surtax
-
-
-
-
total
-
-
-
10 350
Employee
43 782
-
20 606
-
surtax
-
-
-
-
social contributions
4 816
-
2 267
-
income
9 107
-
3 129
-
total
13 923
-
5 396
-
Employer
43 782
-
20 606
-
social contributions
10 398
-
4 894
-
total
10 398
-
4 894
-
Corporate
-
25 500
-
-
surtax
-
-
-
-
income
-
5 354
-
-
total
-
5 354
-
-
Dividends
-
20 146
-
-
withholding
-
5 640
-
-
total
-
5 640
-
-
Income
25 500
25 500
25 500
25 500
Total tax
24 321
10 994
10 290
10 350
After tax
1 179
14 506
15 210
15 150
Living cost
29 859
29 859
29 859
29 859
Free-cash
-28 680
-15 353
-14 649
-14 709

Estimated living cost  is ₽29859 per week

₽22341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1761
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.
₽5259
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29300
-₽33125
-₽30388
-₽52744
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
25 500
other
-
-
-
791
social contributions
-
-
-
726
health
-
-
-
255
income
-
-
-
-
pensions
-
-
-
8 138
surtax
-
-
-
-
total
-
-
-
9 910
Employee
59 622
-
19 430
-
surtax
-
-
-
-
social contributions
1 698
-
555
-
income
5 202
-
-
-
pensions
6 744
-
2 197
-
total
13 644
-
2 752
-
Employer
59 622
-
19 430
-
other
2 058
-
670
-
unemployment
2 415
-
788
-
health
4 173
-
1 360
-
pensions
9 797
-
3 194
-
social contributions
179
-
58
-
total
18 622
-
6 070
-
Corporate
-
25 500
-
-
surtax
-
-
-
-
income
-
7 139
-
-
total
-
7 139
-
-
Dividends
-
18 361
-
-
social contributions
-
3 158
-
-
surtax
-
-
-
-
withholding
-
2 350
-
-
total
-
5 508
-
-
Income
25 500
25 500
25 500
25 500
Total tax
32 266
12 647
8 822
9 910
After tax
-6 766
12 853
16 678
15 590
Living cost
45 978
45 978
45 978
45 978
Free-cash
-52 744
-33 125
-29 300
-30 388

Estimated living cost  is ₽45978 per week

₽31117
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3761
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7973
-₽5666
-₽8726
-₽9848
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
25 500
income
-
-
-
-
social contributions
-
-
-
5 611
total
-
-
-
5 611
Employee
30 604
-
22 077
-
income
-
-
-
-
social contributions
1 989
-
1 436
-
total
1 989
-
1 436
-
Employer
30 604
-
22 077
-
social contributions
4 744
-
3 422
-
total
4 744
-
3 422
-
Corporate
-
25 500
-
-
income
-
2 551
-
-
total
-
2 551
-
-
Dividends
-
22 949
-
-
total
-
-
-
-
Income
25 500
25 500
25 500
25 500
Total tax
6 733
2 551
4 858
5 611
After tax
18 767
22 949
20 642
19 889
Living cost
28 615
28 615
28 615
28 615
Free-cash
-9 848
-5 666
-7 973
-8 726

Estimated living cost  is ₽28615 per week

₽18502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7417
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽181582
-₽181582
-₽27349
-₽181582
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
25 500
labour market
-
-
-
1 974
pensions
-
-
-
824
national
-
-
-
1 644
municipal
-
-
-
2 633
total
-
-
-
7 075
Employee
193 200
193 200
193 200
-
labour market
15 434
15 434
15 434
-
municipal
41 141
41 141
41 141
-
national
23 603
23 603
23 603
-
pensions
275
275
275
-
total
80 453
80 453
80 453
-
Employer
193 200
193 200
193 200
-
national
23 644
23 644
23 644
-
labour market
15 456
15 456
15 456
-
pensions
549
549
549
-
municipal
41 206
41 206
41 206
-
total
80 855
80 855
80 855
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
25 500
25 500
25 500
25 500
Total tax
161 308
161 308
161 308
7 075
After tax
-135 808
-135 808
-135 808
18 425
Living cost
45 774
45 774
45 774
45 774
Free-cash
-181 582
-181 582
-181 582
-27 349

Estimated living cost  is ₽45774 per week

₽31328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4049
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽704
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9692
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7244
-₽18644
-₽5208
-₽13715
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
25 500
other
-
-
-
354
health
-
-
-
2 084
accident
-
-
-
241
income
-
-
-
3 345
pensions
-
-
-
3 975
total
-
-
-
9 999
Employee
32 577
-
21 183
-
income
4 469
-
2 906
-
pensions
3 668
-
2 386
-
health
3 730
-
2 426
-
total
11 867
-
7 718
-
Employer
32 577
-
21 183
-
unemployment
798
-
519
-
accident
544
-
354
-
pensions
5 297
-
3 444
-
total
6 639
-
4 317
-
Corporate
-
25 500
-
-
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.

-
22 950
-
-
total
-
22 950
-
-
Dividends
-
2 550
-
-
withholding
-
485
-
-
total
-
485
-
-
Income
25 500
25 500
25 500
25 500
Total tax
18 506
23 435
12 035
9 999
After tax
6 994
2 065
13 465
15 501
Living cost
20 709
20 709
20 709
20 709
Free-cash
-13 715
-18 644
-7 244
-5 208

Estimated living cost  is ₽20709 per week

₽15074
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4066
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20408
-₽18903
-₽15638
-₽34034
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
25 500
health
-
-
-
-
national
-
-
-
-
municipal
-
-
-
4 590
total
-
-
-
4 590
Employee
50 084
-
21 453
-
municipal
8 203
-
3 543
-
national
827
-
-
-
pensions
3 380
-
1 449
-
health
374
-
-
-
unemployment
752
-
322
-
total
13 536
-
5 314
-
Employer
50 084
-
21 453
-
unemployment
325
-
139
-
health
385
-
164
-
accident
51
-
22
-
pensions
8 689
-
3 721
-
total
9 450
-
4 046
-
Corporate
-
25 500
-
-
income
-
5 100
-
-
total
-
5 100
-
-
Dividends

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

-
15 300
-
-
national
-
-
-
-
municipal
-
2 755
-
-
total
-
2 755
-
-
Income
25 500
25 500
25 500
25 500
Total tax
22 986
7 855
9 360
4 590
After tax
2 514
17 645
16 140
20 910
Living cost
36 548
36 548
36 548
36 548
Free-cash
-34 034
-18 903
-20 408
-15 638

Estimated living cost  is ₽36548 per week

₽23873
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.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8579
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9744
-₽18066
-₽3108
-₽11229
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 189
social contributions
-
-
-
5 645
health
-
-
-
923
income
-
-
-
-
total
-
-
-
6 568
Employee
73 200
73 200
73 200
-
social contributions
2 768
6 075
2 049
-
income
7 970
6 776
8 230
-
health
567
1 245
419
-
total
11 305
14 096
10 698
-
Employer
73 200
73 200
73 200
-
health
616
1 355
457
-
social contributions
2 768
6 075
2 049
-
total
3 384
7 430
2 506
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
25 500
25 500
25 500
25 500
Total tax
14 689
21 526
13 204
6 568
After tax
10 811
3 974
12 296
18 932
Living cost
22 040
22 040
22 040
22 040
Free-cash
-11 229
-18 066
-9 744
-3 108

Estimated living cost  is ₽22040 per week

₽13209
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2162
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.
₽6182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽858
₽6004
-₽579
₽1162
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 500
health
-
-
-
3 445
income
-
-
-
1 438
pensions
-
-
-
6 055
unemployment
-
-
-
27
total
-
-
-
10 965
Employee

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

21 850
-
23 119
-
income
1 494
-
1 597
-
pensions
3 277
-
3 468
-
health
1 857
-
1 965
-
unemployment
108
-
116
-
total
6 736
-
7 146
-
Employer

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

21 850
-
23 119
-
unemployment
108
-
116
-
health
939
-
994
-
pensions
1 201
-
1 272
-
total
2 248
-
2 382
-
Corporate
1 401
25 500
-
-
income
126
2 294
-
-
total
126
2 294
-
-
Dividends
1 274
23 206
-
-
withholding
114
2 088
-
-
total
114
2 088
-
-
Income
25 500
25 500
25 500
25 500
Total tax
9 224
4 382
9 528
10 965
After tax
16 276
21 118
15 972
14 535
Living cost
15 114
15 114
15 114
15 114
Free-cash
1 162
6 004
858
-579

Estimated living cost  is ₽15114 per week

₽9643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3931
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15368
-₽8837
-₽11718
-₽20920
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
25 500
other
-
-
-
25
accident
-
-
-
229
income
-
-
-
3 391
pensions
-
-
-
7 217
unemployment
-
-
-
179
total
-
-
-
11 041
Employee
35 199
-
15 366
-
income
6 786
-
2 536
-
other
34
-
33
-
pensions
1 655
-
1 494
-
unemployment
546
-
493
-
total
9 021
-
4 556
-
Employer
35 199
-
15 366
-
other
282
-
255
-
unemployment
1 937
-
1 749
-
accident
697
-
629
-
pensions
8 306
-
7 502
-
total
11 222
-
10 135
-
Corporate
-
25 500
-
-
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.

-
3 824
-
-
total
-
3 824
-
-
Dividends
-
21 676
-
-
withholding
-
4 336
-
-
total
-
4 336
-
-
Income
25 500
25 500
25 500
25 500
Total tax
20 243
8 160
14 691
11 041
After tax
5 257
17 340
10 809
14 459
Living cost
26 177
26 177
26 177
26 177
Free-cash
-20 920
-8 837
-15 368
-11 718

Estimated living cost  is ₽26177 per week

₽17669
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2516
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.
₽5533
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13656
₽14152
₽13781
₽13861
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
25 500
health
-
-
-
931
income
-
-
-
7 744
pensions
-
-
-
1 284
total
-
-
-
9 959
Employee
2 681
-
24 056
-
income
519
-
7 677
-
pensions
241
-
578
-
health
134
-
321
-
unemployment
27
-
64
-
total
921
-
8 640
-
Employer
2 681
-
24 056
-
unemployment
54
-
128
-
health
255
-
610
-
pensions
295
-
706
-
total
604
-
1 444
-
Corporate
22 216
25 500
-
-
income
4 888
5 610
-
-
total
4 888
5 610
-
-
Dividends
17 329
19 890
-
-
withholding
3 466
3 978
-
-
total
3 466
3 978
-
-
Income
25 500
25 500
25 500
25 500
Total tax
9 879
9 588
10 084
9 959
After tax
15 621
15 912
15 416
15 541
Living cost
1 760
1 760
1 760
1 760
Free-cash
13 861
14 152
13 656
13 781

Estimated living cost  is ₽1760 per week

₽1046
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽143
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽40
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1893
₽1991
-₽2992
-₽3716
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
25 500
health
-
-
-
2 627
income
-
-
-
2 419
pensions
-
-
-
6 630
unemployment
-
-
-
383
total
-
-
-
12 059
Employee

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

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

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

24 780
-
21 628
-
income
3 416
-
2 785
-
pensions
3 469
-
3 028
-
health
1 276
-
1 114
-
unemployment
186
-
162
-
total
8 347
-
7 089
-
Employer

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

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

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

24 780
-
21 628
-
unemployment
186
-
162
-
health
1 276
-
1 114
-
pensions
2 974
-
2 595
-
total
4 436
-
3 871
-
Corporate
-
25 500
-
-
income
-
3 825
-
-
total
-
3 825
-
-
Dividends
-
21 675
-
-
withholding
-
3 251
-
-
total
-
3 251
-
-
Income
25 500
25 500
25 500
25 500
Total tax
12 783
7 076
10 960
12 059
After tax
12 717
18 424
14 540
13 441
Living cost
16 433
16 433
16 433
16 433
Free-cash
-3 716
1 991
-1 893
-2 992

Estimated living cost  is ₽16433 per week

₽11064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1271
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3622
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10454
-₽11158
-₽10514
-₽20222
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
25 500
social contributions

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

-
-
-
8 861
income
-
-
-
1 489
surtax
-
-
-
-
total
-
-
-
10 350
Employee
36 947
-
20 606
-
surtax
-
-
-
-
social contributions
4 065
-
2 267
-
income
7 219
-
3 129
-
total
11 284
-
5 396
-
Employer
36 947
-
20 606
-
social contributions
8 774
-
4 894
-
total
8 774
-
4 894
-
Corporate
-
25 500
-
-
surtax
-
-
-
-
income
-
5 354
-
-
total
-
5 354
-
-
Dividends
-
20 146
-
-
withholding
-
5 640
-
-
total
-
5 640
-
-
Income
25 500
25 500
25 500
25 500
Total tax
20 058
10 994
10 290
10 350
After tax
5 442
14 506
15 210
15 150
Living cost
25 664
25 664
25 664
25 664
Free-cash
-20 222
-11 158
-10 454
-10 514

Estimated living cost  is ₽25664 per week

₽18177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1783
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.
₽5250
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22647
-₽16116
-₽18997
-₽35134
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
25 500
other
-
-
-
25
accident
-
-
-
229
income
-
-
-
3 391
pensions
-
-
-
7 217
unemployment
-
-
-
179
total
-
-
-
11 041
Employee
45 975
-
15 366
-
income
9 602
-
2 536
-
other
45
-
33
-
pensions
2 161
-
1 494
-
unemployment
712
-
493
-
total
12 520
-
4 556
-
Employer
45 975
-
15 366
-
other
369
-
255
-
unemployment
2 529
-
1 749
-
accident
910
-
629
-
pensions
10 850
-
7 502
-
total
14 658
-
10 135
-
Corporate
-
25 500
-
-
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.

-
3 824
-
-
total
-
3 824
-
-
Dividends
-
21 676
-
-
withholding
-
4 336
-
-
total
-
4 336
-
-
Income
25 500
25 500
25 500
25 500
Total tax
27 178
8 160
14 691
11 041
After tax
-1 678
17 340
10 809
14 459
Living cost
33 456
33 456
33 456
33 456
Free-cash
-35 134
-16 116
-22 647
-18 997

Estimated living cost  is ₽33456 per week

₽24026
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2601
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽113
₽5589
-₽1347
-₽181
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
25 500
health
-
-
-
2 933
income
-
-
-
3 825
pensions

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

-
-
-
3 774
unemployment
-
-
-
102
total
-
-
-
10 634
Employee
21 469
-
21 317
-
income
2 147
-
2 132
-
accident

We are using the highest rate at 1.1%.

236
-
234
-
pensions

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

1 885
-
1 872
-
health
988
-
980
-
total
5 256
-
5 218
-
Employer
21 469
-
21 317
-
unemployment
129
-
128
-
health
1 481
-
1 471
-
accident

We are using the highest rate at 1.1%.

236
-
234
-
pensions

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

2 366
-
2 349
-
total
4 212
-
4 182
-
Corporate
-
25 500
-
-
income
-
2 550
-
-
total
-
2 550
-
-
Dividends
-
22 950
-
-
withholding
-
1 148
-
-
total
-
1 148
-
-
Income
25 500
25 500
25 500
25 500
Total tax
9 468
3 698
9 400
10 634
After tax
16 032
21 802
16 100
14 866
Living cost
16 213
16 213
16 213
16 213
Free-cash
-181
5 589
-113
-1 347

Estimated living cost  is ₽16213 per week

₽10723
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽928
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18147
-₽23395
-₽18147
-₽21865
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
25 500
health

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

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

-
-
-
6 503
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.

-
-
-
372
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.

-
-
-
20
trade
-
-
-
-
total
-
-
-
6 895
Employee

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

47 365
-
25 500
-
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.

215
-
20
-
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.

3 895
-
372
-
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.

6 503
-
6 503
-
total
10 613
-
6 895
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
25 500
-
-
chamber of commerce
-
182
-
-
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.

-
210
-
-
trade
-
3 660
-
-
income
-
3 824
-
-
total
-
7 876
-
-
Dividends
-
17 624
-
-
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.

-
222
-
-
withholding
-
4 045
-
-
total
-
4 267
-
-
Income
25 500
25 500
25 500
25 500
Total tax
10 613
12 143
6 895
6 895
After tax
14 887
13 357
18 605
18 605
Living cost
36 752
36 752
36 752
36 752
Free-cash
-21 865
-23 395
-18 147
-18 147

Estimated living cost  is ₽36752 per week

₽25352
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3954
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.
₽6912
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31555
-₽36376
-₽31555
-₽48964
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
25 500
income
-
-
-
2 119
social contributions
-
-
-
709
total
-
-
-
2 828
Employee
74 463
-
25 500
-
income
14 051
-
2 119
-
social contributions
6 186
-
709
-
total
20 237
-
2 828
-
Employer
74 463
-
25 500
-
total
-
-
-
-
Corporate
-
25 500
-
-
income
-
3 187
-
-
total
-
3 187
-
-
Dividends
-
22 313
-
-
withholding
-
4 462
-
-
total
-
4 462
-
-
Income
25 500
25 500
25 500
25 500
Total tax
20 237
7 649
2 828
2 828
After tax
5 263
17 851
22 672
22 672
Living cost
54 227
54 227
54 227
54 227
Free-cash
-48 964
-36 376
-31 555
-31 555

Estimated living cost  is ₽54227 per week

₽41255
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4419
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.
₽8035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14365
-₽20824
-₽42033
-₽25386
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
25 500
income
-
-
-
27 097
health

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

-
-
-
5 880
total
-
-
-
32 977
Employee
43 670
-
23 177
-
income
4 738
-
663
-
social contributions
4 375
-
2 323
-
total
9 113
-
2 986
-
Employer
43 670
-
23 177
-
social contributions
4 375
-
2 323
-
total
4 375
-
2 323
-
Corporate
-
25 500
-
-
income
-
8 926
-
-
total
-
8 926
-
-
Dividends
-
16 574
-
-
social contributions
2 842
2 842
-
-
total
2 842
2 842
-
-
Income
25 500
25 500
25 500
25 500
Total tax
16 330
11 768
5 309
32 977
After tax
9 170
13 732
20 191
-7 477
Living cost
34 556
34 556
34 556
34 556
Free-cash
-25 386
-20 824
-14 365
-42 033

Estimated living cost  is ₽34556 per week

₽22762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2724
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16705
-₽15763
-₽15052
-₽28110
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
25 500
income
-
-
-
4 954
pensions
-
-
-
728
total
-
-
-
5 682
Employee
47 865
-
23 569
-
income
8 717
-
4 540
-
health
624
-
126
-
pensions
3 653
-
738
-
total
12 994
-
5 404
-
Employer
47 865
-
23 569
-
health
910
-
449
-
pensions
4 836
-
1 482
-
total
5 746
-
1 931
-
Corporate
-
25 500
-
-
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.

-
4 844
-
-
total
-
4 844
-
-
Dividends
-
20 656
-
-
withholding
-
1 549
-
-
total
-
1 549
-
-
Income
25 500
25 500
25 500
25 500
Total tax
18 740
6 393
7 335
5 682
After tax
6 760
19 107
18 165
19 818
Living cost
34 870
34 870
34 870
34 870
Free-cash
-28 110
-15 763
-16 705
-15 052

Estimated living cost  is ₽34870 per week

₽23921
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3207
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7304
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽9295
-₽20695
-₽7259
-₽17598
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
25 500
other
-
-
-
354
health
-
-
-
2 084
accident
-
-
-
241
income
-
-
-
3 345
pensions
-
-
-
3 975
total
-
-
-
9 999
Employee
35 802
-
21 183
-
income
4 912
-
2 906
-
pensions
4 031
-
2 386
-
health
4 099
-
2 426
-
total
13 042
-
7 718
-
Employer
35 802
-
21 183
-
unemployment
877
-
519
-
accident
598
-
354
-
pensions
5 821
-
3 444
-
total
7 296
-
4 317
-
Corporate
-
25 500
-
-
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.

-
22 950
-
-
total
-
22 950
-
-
Dividends
-
2 550
-
-
withholding
-
485
-
-
total
-
485
-
-
Income
25 500
25 500
25 500
25 500
Total tax
20 338
23 435
12 035
9 999
After tax
5 162
2 065
13 465
15 501
Living cost
22 760
22 760
22 760
22 760
Free-cash
-17 598
-20 695
-9 295
-7 259

Estimated living cost  is ₽22760 per week

₽16703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1326
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4272
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3100
₽8838
₽3100
₽4217
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
25 500
income
-
-
-
2 550
health insurance
-
-
-
1 887
work injury
-
-
-
128
pensions
-
-
-
4 692
unemployment
-
-
-
306
total
-
-
-
9 563
Employee

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

20 539
-
25 500
-
income
2 054
-
2 550
-
work injury
103
-
128
-
health insurance
1 520
-
1 887
-
pensions
3 779
-
4 692
-
unemployment
246
-
306
-
total
7 702
-
9 563
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
4 961
25 500
-
-
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
4 961
25 500
-
-
withholding
744
3 825
-
-
total
744
3 825
-
-
Income
25 500
25 500
25 500
25 500
Total tax
8 446
3 825
9 563
9 563
After tax
17 054
21 675
15 937
15 937
Living cost
12 837
12 837
12 837
12 837
Free-cash
4 217
8 838
3 100
3 100

Estimated living cost  is ₽12837 per week

₽7953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3551
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26153
-₽24490
-₽24446
-₽54718
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
25 500
social contributions
-
-
-
7 378
national
-
-
-
4 168
regional
-
-
-
314
municipal
-
-
-
163
total
-
-
-
12 023
Employee
80 217
-
25 500
-
social contributions
27 049
-
9 672
-
municipal
479
-
143
-
national
13 556
-
3 640
-
regional
1 211
-
275
-
total
42 295
-
13 730
-
Employer
80 217
-
25 500
-
total
-
-
-
-
Corporate
-
25 500
-
-
nationa
-
6 120
-
-
municipal
-
1 228
-
-
total
-
7 348
-
-
Dividends
-
18 151
-
-
withholding
-
4 719
-
-
total
-
4 719
-
-
Income
25 500
25 500
25 500
25 500
Total tax
42 295
12 067
13 730
12 023
After tax
-16 795
13 433
11 770
13 477
Living cost
37 923
37 923
37 923
37 923
Free-cash
-54 718
-24 490
-26 153
-24 446

Estimated living cost  is ₽37923 per week

₽26639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2609
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8102
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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