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
-₽15347
-₽9803
-₽9803
-₽10410
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
428
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.

-
-
-
23
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.

-
-
-
6 414
trade
-
-
-
-
total
-
-
-
6 865
Employee

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

35 910
-
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.

55
-
23
-
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.

1 003
-
428
-
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.

6 414
-
6 414
-
total
7 472
-
6 865
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
25 500
-
-
income
-
3 825
-
-
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
-
-
chamber of commerce
-
180
-
-
trade
-
4 016
-
-
total
-
8 231
-
-
Dividends
-
17 269
-
-
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
-
3 961
-
-
total
-
4 178
-
-
Income
25 500
25 500
25 500
25 500
Total tax
7 472
12 409
6 865
6 865
After tax
18 028
13 091
18 635
18 635
Living cost
28 438
28 438
28 438
28 438
Free-cash
-10 410
-15 347
-9 803
-9 803

Estimated living cost  is ₽28438 per week

₽17888
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3316
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6703
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽34039
-₽32035
-₽32234
-₽58960
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 745
national
-
-
-
2 704
pensions
-
-
-
3 060
total
-
-
-
7 783
Employee
77 434
-
22 045
-
municipal
9 564
-
1 844
-
pensions
3 097
-
882
-
national
14 821
-
2 857
-
total
27 482
-
5 583
-
Employer
77 434
-
22 045
-
pensions
6 195
-
1 764
-
social contributions
832
-
237
-
total
7 027
-
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
34 509
9 588
7 584
7 783
After tax
-9 009
15 912
17 916
17 717
Living cost
49 951
49 951
49 951
49 951
Free-cash
-58 960
-34 039
-32 035
-32 234

Estimated living cost  is ₽49951 per week

₽33951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10609
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽868
-₽4902
-₽814
-₽8543
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
-
surtax
-
-
-
-
social contributions

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

-
-
-
2 956
microenterprise
-
-
-
3 825
total
-
-
-
6 781
Employee
27 434
-
20 549
-
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.

3 018
-
2 261
-
income
4 884
-
3 658
-
total
7 902
-
5 919
-
Employer
27 434
-
20 549
-
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.

6 608
-
4 950
-
surtax
-
-
-
-
total
6 608
-
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%.

-
5 099
-
-
total
-
5 099
-
-
Dividends

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

-
20 401
-
-
total
-
-
-
-
Income
25 500
25 500
25 500
25 500
Total tax
14 510
5 099
10 869
6 781
After tax
10 990
20 401
14 631
18 719
Living cost
19 533
19 533
19 533
19 533
Free-cash
-8 543
868
-4 902
-814

Estimated living cost  is ₽19533 per week

₽12461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1860
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4768
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽62461
-₽67732
-₽24630
-₽67732
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 295
health
-
-
-
3 914
pensions
-
-
-
4 590
total
-
-
-
10 799
Employee
80 176
80 176
80 176
-
pensions
14 432
11 000
14 432
-
income

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

13 124
13 124
13 124
-
health
12 306
10 467
12 306
-
total
39 862
34 591
39 862
-
Employer
80 176
80 176
80 176
-
health
5 573
5 573
5 573
-
pensions
5 580
5 580
5 580
-
unemployment
2 886
2 886
2 886
-
total
14 039
14 039
14 039
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
25 500
25 500
25 500
25 500
Total tax
53 901
48 630
53 901
10 799
After tax
-28 401
-23 130
-28 401
14 701
Living cost
39 331
39 331
39 331
39 331
Free-cash
-67 732
-62 461
-67 732
-24 630

Estimated living cost  is ₽39331 per week

₽27873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3546
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7287
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23840
-₽24145
-₽25051
-₽45217
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
51
other
-
-
-
2 963
unemployment
-
-
-
25
health
-
-
-
1 591
municipal
-
-
-
5 401
national
-
-
-
-
pensions
-
-
-
2 757
total
-
-
-
12 788
Employee
53 808
-
19 403
-
municipal
16 046
-
5 786
-
national
-
-
-
-
total
16 046
-
5 786
-
Employer
53 808
-
19 403
-
health
3 309
-
1 193
-
pensions
5 817
-
2 097
-
accident
108
-
39
-
unemployment
1 421
-
512
-
other
6 253
-
2 255
-
total
16 908
-
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
32 954
11 577
11 882
12 788
After tax
-7 454
13 923
13 618
12 712
Living cost
37 763
37 763
37 763
37 763
Free-cash
-45 217
-23 840
-24 145
-25 051

Estimated living cost  is ₽37763 per week

₽25028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3706
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.
₽8456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23922
-₽18248
-₽18248
-₽22112
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
428
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.

-
-
-
23
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.

-
-
-
6 414
trade
-
-
-
-
total
-
-
-
6 865
Employee

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

47 612
-
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.

224
-
23
-
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.

4 091
-
428
-
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.

6 414
-
6 414
-
total
10 729
-
6 865
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
25 500
-
-
income
-
3 825
-
-
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
-
-
chamber of commerce
-
178
-
-
trade
-
4 194
-
-
total
-
8 407
-
-
Dividends
-
17 092
-
-
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.

-
216
-
-
withholding
-
3 916
-
-
total
-
4 132
-
-
Income
25 500
25 500
25 500
25 500
Total tax
10 729
12 539
6 865
6 865
After tax
14 771
12 961
18 635
18 635
Living cost
36 883
36 883
36 883
36 883
Free-cash
-22 112
-23 922
-18 248
-18 248

Estimated living cost  is ₽36883 per week

₽24668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3889
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.
₽7775
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26184
-₽17974
-₽11431
-₽21050
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 692
income
-
-
-
-
social contributions
-
-
-
5 568
health
-
-
-
910
total
-
-
-
6 478
Employee
72 195
72 195
72 195
-
social contributions
3 508
5 992
2 020
-
income
7 581
6 683
8 117
-
health
718
1 228
413
-
total
11 807
13 903
10 550
-
Employer
72 195
72 195
72 195
-
health
782
1 336
451
-
social contributions
3 508
5 992
2 020
-
total
4 290
7 328
2 471
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
25 500
25 500
25 500
25 500
Total tax
16 097
21 231
13 021
6 478
After tax
9 403
4 269
12 479
19 022
Living cost
30 453
30 453
30 453
30 453
Free-cash
-21 050
-26 184
-17 974
-11 431

Estimated living cost  is ₽30453 per week

₽20817
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2379
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.
₽6746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2212
-₽2042
₽842
-₽3522
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 117
unemployment
-
-
-
382
health
-
-
-
1 785
pensions
-
-
-
2 550
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.

24 286
9 665
21 339
-
unemployment
364
145
320
-
pensions
2 429
967
2 134
-
income
2 969
1 182
2 609
-
health
1 700
677
1 494
-
total
7 462
2 971
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.

24 286
9 665
21 339
-
pensions
4 736
1 885
4 161
-
total
4 736
1 885
4 161
-
Corporate
-
13 950
-
-
income
-
1 255
-
-
total
-
1 255
-
-
Dividends
-
12 694
-
-
social contributions
-
2 365
-
-
withholding
-
2 412
-
-
total
-
4 777
-
-
Income
25 500
25 500
25 500
25 500
Total tax
12 198
10 888
10 718
7 834
After tax
13 302
14 612
14 782
17 666
Living cost
16 824
16 824
16 824
16 824
Free-cash
-3 522
-2 212
-2 042
842

Estimated living cost  is ₽16824 per week

₽11481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3630
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2276
-₽5840
-₽6871
-₽10138
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 279
health
-
-
-
3 316
pensions
-
-
-
5 099
total
-
-
-
9 694
Employee
26 635
-
19 056
-
unemployment
426
-
305
-
pensions
533
-
381
-
income
2 999
-
1 536
-
total
3 958
-
2 222
-
Employer
26 635
-
19 056
-
health
3 462
-
2 477
-
pensions
5 327
-
3 811
-
unemployment
214
-
153
-
total
9 003
-
6 441
-
Corporate
-
25 500
-
-
income
-
5 099
-
-
total
-
5 099
-
-
Dividends
-
20 401
-
-
total
-
-
-
-
Income
25 500
25 500
25 500
25 500
Total tax
12 961
5 099
8 663
9 694
After tax
12 539
20 401
16 837
15 806
Living cost
22 677
22 677
22 677
22 677
Free-cash
-10 138
-2 276
-5 840
-6 871

Estimated living cost  is ₽22677 per week

₽15554
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1351
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18866
-₽7464
-₽5408
-₽14137
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
240
income
-
-
-
3 350
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
9 977
Employee
32 926
-
21 183
-
pensions
3 708
-
2 385
-
income
4 517
-
2 906
-
health
3 770
-
2 425
-
total
11 995
-
7 716
-
Employer
32 926
-
21 183
-
pensions
5 354
-
3 444
-
accident
550
-
354
-
unemployment
807
-
519
-
total
6 711
-
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
18 706
23 435
12 033
9 977
After tax
6 794
2 065
13 467
15 523
Living cost
20 931
20 931
20 931
20 931
Free-cash
-14 137
-18 866
-7 464
-5 408

Estimated living cost  is ₽20931 per week

₽15341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16674
₽12849
₽17694
₽15259
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 438
-
25 500
-
income
1 887
-
5 100
-
total
1 887
-
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%.

16 062
25 500
-
-
total
-
-
-
-
Dividends
16 062
25 500
-
-
withholding
803
1 275
-
-
total
803
1 275
-
-
Income
25 500
25 500
25 500
25 500
Total tax
2 690
1 275
5 100
255
After tax
22 810
24 225
20 400
25 245
Living cost
7 551
7 551
7 551
7 551
Free-cash
15 259
16 674
12 849
17 694

Estimated living cost  is ₽7551 per week

₽4680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2036
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6282
-₽10067
-₽11210
-₽17180
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 239
other
-
-
-
1 212
health
-
-
-
1 122
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
-
-
-
11 693
Employee
34 090
-
20 367
-
unemployment
340
-
203
-
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.

2 386
-
1 425
-
income
5 869
-
3 506
-
health
477
-
285
-
total
9 072
-
5 419
-
Employer
34 090
-
20 367
-
health
477
-
285
-
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.

5 796
-
3 462
-
accident
273
-
162
-
unemployment
340
-
203
-
other
1 705
-
1 019
-
total
8 591
-
5 131
-
Corporate
-
25 500
-
-
income
-
5 356
-
-
total
-
5 356
-
-
Dividends
-
20 144
-
-
withholding
-
1 409
-
-
total
-
1 409
-
-
Income
25 500
25 500
25 500
25 500
Total tax
17 663
6 765
10 550
11 693
After tax
7 837
18 735
14 950
13 807
Living cost
25 017
25 017
25 017
25 017
Free-cash
-17 180
-6 282
-10 067
-11 210

Estimated living cost  is ₽25017 per week

₽17676
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5249
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽43892
-₽44820
-₽43174
-₽75848
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 956
pensions
-
-
-
722
total
-
-
-
5 678
Employee
89 130
-
23 575
-
pensions
8 599
-
732
-
income
16 067
-
4 543
-
health
1 469
-
124
-
total
26 135
-
5 399
-
Employer
89 130
-
23 575
-
health
1 693
-
448
-
pensions
10 524
-
1 477
-
total
12 217
-
1 925
-
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.

-
4 846
-
-
total
-
4 846
-
-
Dividends
-
20 654
-
-
withholding
-
1 550
-
-
total
-
1 550
-
-
Income
25 500
25 500
25 500
25 500
Total tax
38 352
6 396
7 324
5 678
After tax
-12 852
19 104
18 176
19 822
Living cost
62 996
62 996
62 996
62 996
Free-cash
-75 848
-43 892
-44 820
-43 174

Estimated living cost  is ₽62996 per week

₽47204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7402
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽9492
₽3790
₽2556
₽5133
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 825
unemployment
-
-
-
102
health
-
-
-
2 933
pensions

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

-
-
-
3 774
total
-
-
-
10 634
Employee
16 300
-
21 319
-
accident

We are using the highest rate at 1.1%.

179
-
234
-
pensions

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

1 431
-
1 872
-
income
1 630
-
2 132
-
health
750
-
981
-
total
3 990
-
5 219
-
Employer
16 300
-
21 319
-
health
1 125
-
1 470
-
pensions

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

1 796
-
2 349
-
accident

We are using the highest rate at 1.1%.

179
-
234
-
unemployment
97
-
128
-
total
3 197
-
4 181
-
Corporate
6 001
25 500
-
-
income
600
2 550
-
-
total
600
2 550
-
-
Dividends
5 401
22 950
-
-
withholding
270
1 148
-
-
total
270
1 148
-
-
Income
25 500
25 500
25 500
25 500
Total tax
8 057
3 698
9 400
10 634
After tax
17 443
21 802
16 100
14 866
Living cost
12 310
12 310
12 310
12 310
Free-cash
5 133
9 492
3 790
2 556

Estimated living cost  is ₽12310 per week

₽7187
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3918
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽75192
-₽80463
-₽37361
-₽76786
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 295
health
-
-
-
3 914
pensions
-
-
-
4 590
total
-
-
-
10 799
Employee
87 046
80 176
80 176
-
pensions
11 000
11 000
14 432
-
income

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

13 124
13 124
13 124
-
health
10 859
10 467
12 306
-
total
34 983
34 591
39 862
-
Employer
87 046
80 176
80 176
-
health
6 049
5 573
5 573
-
pensions
6 058
5 580
5 580
-
unemployment
3 134
2 886
2 886
-
total
15 241
14 039
14 039
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
25 500
25 500
25 500
25 500
Total tax
50 224
48 630
53 901
10 799
After tax
-24 724
-23 130
-28 401
14 701
Living cost
52 062
52 062
52 062
52 062
Free-cash
-76 786
-75 192
-80 463
-37 361

Estimated living cost  is ₽52062 per week

₽38405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8411
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5433
-₽10051
-₽10570
-₽19804
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 192
social contributions
-
-
-
7 446
solidarity contribution
-
-
-
-
health
-
-
-
3 442
total
-
-
-
13 080
Employee
33 809
-
19 030
-
solidarity contribution
-
-
-
-
social contributions
2 198
-
1 237
-
income
4 057
-
2 284
-
health
4 564
-
2 569
-
total
10 819
-
6 090
-
Employer
33 809
-
19 030
-
health
3 043
-
1 713
-
social contributions
8 452
-
4 758
-
total
11 495
-
6 471
-
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
22 314
7 943
12 561
13 080
After tax
3 186
17 557
12 939
12 420
Living cost
22 990
22 990
22 990
22 990
Free-cash
-19 804
-5 433
-10 051
-10 570

Estimated living cost  is ₽22990 per week

₽15969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26011
-₽27650
-₽25954
-₽57941
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 276
regional
-
-
-
224
municipal
-
-
-
146
national
-
-
-
4 191
total
-
-
-
11 837
Employee
83 442
-
25 500
-
municipal
442
-
128
-
national
14 458
-
3 670
-
regional
787
-
196
-
social contributions
28 137
-
9 539
-
total
43 824
-
13 533
-
Employer
83 442
-
25 500
-
total
-
-
-
-
Corporate
-
25 500
-
-
municipal
-
994
-
-
nationa
-
6 120
-
-
total
-
7 114
-
-
Dividends
-
18 386
-
-
withholding
-
4 780
-
-
total
-
4 780
-
-
Income
25 500
25 500
25 500
25 500
Total tax
43 824
11 894
13 533
11 837
After tax
-18 324
13 606
11 967
13 663
Living cost
39 617
39 617
39 617
39 617
Free-cash
-57 941
-26 011
-27 650
-25 954

Estimated living cost  is ₽39617 per week

₽27616
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.
₽608
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4679
-₽6592
-₽6017
-₽12083
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 676
other
-
-
-
-
surtax
-
-
-
-
unemployment
-
-
-
214
health
-
-
-
1 810
pensions
-
-
-
5 099
total
-
-
-
10 799
Employee
31 048
-
21 065
-
other
-
-
-
-
unemployment
2 161
-
1 466
-
pensions
2 070
-
1 406
-
surtax
102
-
-
-
income
5 204
-
3 531
-
health
793
-
536
-
total
10 330
-
6 939
-
Employer
31 048
-
21 065
-
health
1 413
-
959
-
pensions
4 139
-
2 808
-
unemployment
983
-
668
-
other
-
-
-
-
total
6 535
-
4 435
-
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
16 865
9 461
11 374
10 799
After tax
8 635
16 039
14 126
14 701
Living cost
20 718
20 718
20 718
20 718
Free-cash
-12 083
-4 679
-6 592
-6 017

Estimated living cost  is ₽20718 per week

₽12668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1912
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5660
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23933
-₽24861
-₽23215
-₽41833
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 956
pensions
-
-
-
722
total
-
-
-
5 678
Employee
59 733
-
23 575
-
pensions
5 070
-
732
-
income
10 758
-
4 543
-
health
867
-
124
-
total
16 695
-
5 399
-
Employer
59 733
-
23 575
-
health
1 135
-
448
-
pensions
6 466
-
1 477
-
total
7 601
-
1 925
-
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.

-
4 846
-
-
total
-
4 846
-
-
Dividends
-
20 654
-
-
withholding
-
1 550
-
-
total
-
1 550
-
-
Income
25 500
25 500
25 500
25 500
Total tax
24 296
6 396
7 324
5 678
After tax
1 204
19 104
18 176
19 822
Living cost
43 037
43 037
43 037
43 037
Free-cash
-41 833
-23 933
-24 861
-23 215

Estimated living cost  is ₽43037 per week

₽32243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3226
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.
₽7117
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽62618
-₽55128
-₽52343
-₽69708
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
509
regional
-
-
-
198
health
-
-
-
242
city
-
-
-
267
national
-
-
-
-
pensions
-
-
-
2 347
total
-
-
-
3 563
Employee
86 926
-
22 039
-
unemployment
-
-
-
-
pensions
7 303
-
2 728
-
national
411
-
-
-
regional
2 846
-
124
-
city
933
-
227
-
health
197
-
50
-
total
11 690
-
3 129
-
Employer
86 926
-
22 039
-
health
197
-
50
-
pensions
7 303
-
2 728
-
unemployment
-
-
-
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

1 738
-
441
-
total
9 238
-
3 219
-
Corporate
-
25 500
-
-
regional
-
5 393
-
-
national
-
2 167
-
-
total
-
7 560
-
-
Dividends
-
17 939
-
-
withholding
-
6 278
-
-
total
-
6 278
-
-
Income
25 500
25 500
25 500
25 500
Total tax
20 928
13 838
6 348
3 563
After tax
4 572
11 662
19 152
21 937
Living cost
74 280
74 280
74 280
74 280
Free-cash
-69 708
-62 618
-55 128
-52 343

Estimated living cost  is ₽74280 per week

₽48303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽912
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18399
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽30183
-₽24376
-₽24376
-₽30925
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
428
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.

-
-
-
23
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.

-
-
-
6 414
trade
-
-
-
-
total
-
-
-
6 865
Employee

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

56 425
-
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.

365
-
23
-
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.

6 635
-
428
-
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.

6 414
-
6 414
-
total
13 414
-
6 865
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
25 500
-
-
income
-
3 825
-
-
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
-
-
chamber of commerce
-
178
-
-
trade
-
4 374
-
-
total
-
8 587
-
-
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.

-
214
-
-
withholding
-
3 872
-
-
total
-
4 086
-
-
Income
25 500
25 500
25 500
25 500
Total tax
13 414
12 673
6 865
6 865
After tax
12 086
12 827
18 635
18 635
Living cost
43 010
43 010
43 010
43 010
Free-cash
-30 925
-30 183
-24 376
-24 376

Estimated living cost  is ₽43010 per week

₽31413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3440
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7599
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19270
-₽15442
-₽16505
-₽27230
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
other
-
-
-
791
surtax
-
-
-
-
social contributions
-
-
-
725
health
-
-
-
251
pensions
-
-
-
8 116
total
-
-
-
9 883
Employee
40 183
-
19 430
-
pensions
4 543
-
2 199
-
surtax
-
-
-
-
social contributions
1 146
-
554
-
income
2 371
-
-
-
total
8 060
-
2 753
-
Employer
40 183
-
19 430
-
health
2 813
-
1 359
-
pensions
6 601
-
3 191
-
unemployment
1 627
-
788
-
social contributions
121
-
59
-
other
1 386
-
670
-
total
12 548
-
6 067
-
Corporate
-
25 500
-
-
income
-
7 139
-
-
surtax
-
-
-
-
total
-
7 139
-
-
Dividends
-
18 361
-
-
surtax
-
-
-
-
social contributions
-
3 159
-
-
withholding
-
2 350
-
-
total
-
5 509
-
-
Income
25 500
25 500
25 500
25 500
Total tax
20 608
12 648
8 820
9 883
After tax
4 892
12 852
16 680
15 617
Living cost
32 122
32 122
32 122
32 122
Free-cash
-27 230
-19 270
-15 442
-16 505

Estimated living cost  is ₽32122 per week

₽20254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2612
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.
₽8711
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16088
-₽12260
-₽13323
-₽21570
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
other
-
-
-
791
surtax
-
-
-
-
social contributions
-
-
-
725
health
-
-
-
251
pensions
-
-
-
8 116
total
-
-
-
9 883
Employee
35 869
-
19 430
-
pensions
4 057
-
2 199
-
surtax
-
-
-
-
social contributions
1 023
-
554
-
income
1 849
-
-
-
total
6 929
-
2 753
-
Employer
35 869
-
19 430
-
health
2 510
-
1 359
-
pensions
5 894
-
3 191
-
unemployment
1 452
-
788
-
social contributions
107
-
59
-
other
1 238
-
670
-
total
11 201
-
6 067
-
Corporate
-
25 500
-
-
income
-
7 139
-
-
surtax
-
-
-
-
total
-
7 139
-
-
Dividends
-
18 361
-
-
surtax
-
-
-
-
social contributions
-
3 159
-
-
withholding
-
2 350
-
-
total
-
5 509
-
-
Income
25 500
25 500
25 500
25 500
Total tax
18 130
12 648
8 820
9 883
After tax
7 370
12 852
16 680
15 617
Living cost
28 940
28 940
28 940
28 940
Free-cash
-21 570
-16 088
-12 260
-13 323

Estimated living cost  is ₽28940 per week

₽16784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8668
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4351
-₽3562
-₽3533
-₽8799
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 825
social contributions
-
-
-
3 519
health
-
-
-
1 780
total
-
-
-
9 124
Employee
31 834
-
25 500
-
social contributions
4 394
-
3 519
-
income
5 309
-
3 854
-
health
2 222
-
1 780
-
total
11 925
-
9 153
-
Employer
31 834
-
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%.

-
1 276
-
-
total
-
1 276
-
-
Dividends
-
24 224
-
-
social contributions
1 637
3 342
-
-
withholding
-
3 633
-
-
health
828
1 691
-
-
total
2 465
8 666
-
-
Income
25 500
25 500
25 500
25 500
Total tax
14 390
9 942
9 153
9 124
After tax
11 110
15 558
16 347
16 376
Living cost
19 909
19 909
19 909
19 909
Free-cash
-8 799
-4 351
-3 562
-3 533

Estimated living cost  is ₽19909 per week

₽13324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1228
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.
₽4898
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28962
-₽25426
-₽20296
-₽36001
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
surtax
-
-
-
185
unemployment
-
-
-
5 758
chamber of commerce
-
-
-
102
health
-
-
-
1 951
pensions
-
-
-
4 718
total
-
-
-
12 714
Employee
46 921
37 416
37 416
-
other
469
374
185
-
unemployment
1 408
1 122
558
-
pensions
4 805
3 831
1 903
-
income
5 342
2 760
3 811
-
health
1 816
1 449
720
-
total
13 840
9 536
7 177
-
Employer
46 921
37 416
37 416
-
chamber of commerce
187
150
150
-
health
1 773
1 415
702
-
pensions
5 889
4 697
2 332
-
accident
609
486
242
-
unemployment
1 408
1 122
558
-
surtax
185
185
185
-
payroll
1 408
1 122
1 122
-
other
2 229
1 776
1 618
-
total
13 688
10 953
6 909
-
Corporate
3 563
3 563
15 027
-
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.

891
891
3 758
-
total
891
891
3 758
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
25 500
25 500
25 500
25 500
Total tax
28 419
21 380
17 844
12 714
After tax
-2 919
4 120
7 656
12 786
Living cost
33 082
33 082
33 082
33 082
Free-cash
-36 001
-28 962
-25 426
-20 296

Estimated living cost  is ₽33082 per week

₽22065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2822
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19682
-₽22380
-₽17076
-₽61208
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
1 513
social contributions
-
-
-
285
national
-
-
-
6 545
total
-
-
-
8 343
Employee

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

67 159
-
19 749
-
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.

584
-
171
-
communal

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

3 503
-
1 030
-
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.

5 037
-
1 481
-
national
20 647
-
4 292
-
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.

3 155
-
926
-
total
32 926
-
7 900
-
Employer

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

67 159
-
19 749
-
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.

4 130
-
1 213
-
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.

5 951
-
1 750
-
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.

873
-
257
-
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.

980
-
289
-
surtax
7 615
-
2 238
-
total
19 549
-
5 747
-
Corporate
-
25 500
-
-
income
-
5 099
-
-
surtax
-
102
-
-
total
-
5 201
-
-
Dividends
-
20 299
-
-
withholding

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

-
5 748
-
-
total
-
5 748
-
-
Income
25 500
25 500
25 500
25 500
Total tax
52 475
10 949
13 647
8 343
After tax
-26 975
14 551
11 853
17 157
Living cost
34 233
34 233
34 233
34 233
Free-cash
-61 208
-19 682
-22 380
-17 076

Estimated living cost  is ₽34233 per week

₽22050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16570
-₽22960
-₽19448
-₽36133
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
230
income
-
-
-
3 392
other
-
-
-
25
unemployment
-
-
-
178
pensions
-
-
-
7 216
total
-
-
-
11 041
Employee
46 735
-
15 505
-
other
46
-
32
-
unemployment
725
-
486
-
pensions
2 197
-
1 473
-
income
9 861
-
2 567
-
total
12 829
-
4 558
-
Employer
46 735
-
15 505
-
pensions
11 029
-
7 399
-
accident
925
-
620
-
unemployment
2 571
-
1 725
-
other
372
-
251
-
total
14 897
-
9 995
-
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.

-
3 825
-
-
total
-
3 825
-
-
Dividends
-
21 675
-
-
withholding
-
4 338
-
-
total
-
4 338
-
-
Income
25 500
25 500
25 500
25 500
Total tax
27 726
8 163
14 553
11 041
After tax
-2 226
17 337
10 947
14 459
Living cost
33 907
33 907
33 907
33 907
Free-cash
-36 133
-16 570
-22 960
-19 448

Estimated living cost  is ₽33907 per week

₽24969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2405
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.
₽6044
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽33576
-₽37448
-₽37447
-₽54095
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
-
accident
-
-
-
403
income
-
-
-
-
surtax
-
-
-
1 023
health
-
-
-
3 350
pensions
-
-
-
7 148
total
-
-
-
11 924
Employee
71 101
-
20 160
-
pensions
5 687
-
3 574
-
surtax
4 358
-
1 023
-
income
6 868
-
-
-
health
3 164
-
1 988
-
total
20 077
-
6 585
-
Employer
71 101
-
20 160
-
health
2 168
-
1 363
-
pensions
5 687
-
3 574
-
accident
640
-
403
-
total
8 495
-
5 340
-
Corporate
-
25 500
-
-
communal
-
-
-
-
income
-
3 825
-
-
surtax
-
267
-
-
total
-
4 092
-
-
Dividends
-
21 407
-
-
income
-
750
-
-
withholding
-
3 211
-
-
total
-
3 961
-
-
Income
25 500
25 500
25 500
25 500
Total tax
28 572
8 053
11 925
11 924
After tax
-3 072
17 447
13 575
13 576
Living cost
51 023
51 023
51 023
51 023
Free-cash
-54 095
-33 576
-37 448
-37 447

Estimated living cost  is ₽51023 per week

₽38274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3091
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5049
-₽6962
-₽6387
-₽12775
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 676
other
-
-
-
-
surtax
-
-
-
-
unemployment
-
-
-
214
health
-
-
-
1 810
pensions
-
-
-
5 099
total
-
-
-
10 799
Employee
31 618
-
21 065
-
other
-
-
-
-
unemployment
2 200
-
1 466
-
pensions
2 110
-
1 406
-
surtax
112
-
-
-
income
5 301
-
3 531
-
health
807
-
536
-
total
10 530
-
6 939
-
Employer
31 618
-
21 065
-
health
1 438
-
959
-
pensions
4 216
-
2 808
-
unemployment
1 003
-
668
-
other
-
-
-
-
total
6 657
-
4 435
-
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
17 187
9 461
11 374
10 799
After tax
8 313
16 039
14 126
14 701
Living cost
21 088
21 088
21 088
21 088
Free-cash
-12 775
-5 049
-6 962
-6 387

Estimated living cost  is ₽21088 per week

₽12732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11887
-₽13452
-₽11775
-₽26581
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 276
regional
-
-
-
371
municipal
-
-
-
146
national
-
-
-
4 191
total
-
-
-
11 984
Employee
52 081
-
25 500
-
municipal
276
-
128
-
national
8 251
-
3 670
-
regional
701
-
324
-
social contributions
17 562
-
9 539
-
total
26 790
-
13 661
-
Employer
52 081
-
25 500
-
total
-
-
-
-
Corporate
-
25 500
-
-
municipal
-
1 267
-
-
nationa
-
6 120
-
-
total
-
7 387
-
-
Dividends
-
18 113
-
-
withholding
-
4 709
-
-
total
-
4 709
-
-
Income
25 500
25 500
25 500
25 500
Total tax
26 790
12 096
13 661
11 984
After tax
-1 290
13 404
11 839
13 516
Living cost
25 291
25 291
25 291
25 291
Free-cash
-26 581
-11 887
-13 452
-11 775

Estimated living cost  is ₽25291 per week

₽15729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10773
-₽15391
-₽15910
-₽30327
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 192
social contributions
-
-
-
7 446
solidarity contribution
-
-
-
-
health
-
-
-
3 442
total
-
-
-
13 080
Employee
41 662
-
19 030
-
solidarity contribution
-
-
-
-
social contributions
2 708
-
1 237
-
income
4 999
-
2 284
-
health
5 624
-
2 569
-
total
13 331
-
6 090
-
Employer
41 662
-
19 030
-
health
3 750
-
1 713
-
social contributions
10 416
-
4 758
-
total
14 166
-
6 471
-
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
27 497
7 943
12 561
13 080
After tax
-1 997
17 557
12 939
12 420
Living cost
28 330
28 330
28 330
28 330
Free-cash
-30 327
-10 773
-15 391
-15 910

Estimated living cost  is ₽28330 per week

₽21068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1569
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽25649
-₽22201
-₽16983
-₽28243
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
surtax
-
-
-
-
unemployment
-
-
-
5 758
chamber of commerce
-
-
-
102
health
-
-
-
1 951
pensions
-
-
-
4 718
total
-
-
-
12 529
Employee
41 041
37 416
37 416
-
other
410
374
187
-
unemployment
1 231
1 122
563
-
pensions
4 203
3 831
1 919
-
income
3 656
2 760
3 800
-
health
1 587
1 449
725
-
total
11 087
9 536
7 194
-
Employer
41 041
37 416
37 416
-
chamber of commerce
164
150
150
-
health
1 552
1 415
709
-
pensions
5 151
4 697
2 352
-
accident
533
486
244
-
unemployment
1 231
1 122
563
-
surtax
-
-
-
-
payroll
1 231
1 122
1 122
-
other
1 949
1 776
1 618
-
total
11 811
10 768
6 758
-
Corporate
3 563
3 563
15 179
-
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.

891
891
3 795
-
total
891
891
3 795
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
25 500
25 500
25 500
25 500
Total tax
23 789
21 195
17 747
12 529
After tax
1 711
4 305
7 753
12 971
Living cost
29 954
29 954
29 954
29 954
Free-cash
-28 243
-25 649
-22 201
-16 983

Estimated living cost  is ₽29954 per week

₽17968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3059
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details 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
₽12458
₽8633
₽13478
₽10252
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 709
-
25 500
-
income
2 942
-
5 100
-
total
2 942
-
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%.

10 791
25 500
-
-
total
-
-
-
-
Dividends
10 791
25 500
-
-
withholding
539
1 275
-
-
total
539
1 275
-
-
Income
25 500
25 500
25 500
25 500
Total tax
3 481
1 275
5 100
255
After tax
22 019
24 225
20 400
25 245
Living cost
11 767
11 767
11 767
11 767
Free-cash
10 252
12 458
8 633
13 478

Estimated living cost  is ₽11767 per week

₽7963
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7625
-₽11061
-₽10254
-₽22482
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
3 368
unemployment
-
-
-
37
health
-
-
-
2 509
pensions
-
-
-
4 657
total
-
-
-
10 571
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.

41 517
-
22 067
-
unemployment
59
-
30
-
pensions
6 435
-
3 421
-
income
7 160
-
3 069
-
health
2 681
-
1 425
-
total
16 335
-
7 945
-
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.

41 517
-
22 067
-
health
2 765
-
1 468
-
pensions
3 674
-
1 953
-
unemployment
25
-
12
-
total
6 464
-
3 433
-
Corporate
-
25 500
-
-
income
-
4 844
-
-
total
-
4 844
-
-
Dividends
-
20 656
-
-
withholding
-
3 098
-
-
total
-
3 098
-
-
Income
25 500
25 500
25 500
25 500
Total tax
22 799
7 942
11 378
10 571
After tax
2 701
17 558
14 122
14 929
Living cost
25 183
25 183
25 183
25 183
Free-cash
-22 482
-7 625
-11 061
-10 254

Estimated living cost  is ₽25183 per week

₽17282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1614
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.
₽5799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24587
-₽27963
-₽22478
-₽113073
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 970
social contributions
-
-
-
2 907
total
-
-
-
7 877
Employee
57 499
-
5 837
-
social contributions
4 715
-
672
-
income
12 683
-
1 136
-
total
17 398
-
1 808
-
Employer
57 499
-
5 837
-
social contributions
81 074
-
11 554
-
total
81 074
-
11 554
-
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
98 472
9 986
13 362
7 877
After tax
-72 972
15 514
12 138
17 623
Living cost
40 101
40 101
40 101
40 101
Free-cash
-113 073
-24 587
-27 963
-22 478

Estimated living cost  is ₽40101 per week

₽26019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3772
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.
₽9799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14947
-₽14255
-₽14298
-₽27937
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
1 488
surtax
-
-
-
-
social contributions

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

-
-
-
8 860
total
-
-
-
10 348
Employee
43 181
-
20 606
-
surtax
-
-
-
-
social contributions
4 750
-
2 266
-
income
8 982
-
3 145
-
total
13 732
-
5 411
-
Employer
43 181
-
20 606
-
social contributions
10 255
-
4 894
-
total
10 255
-
4 894
-
Corporate
-
25 500
-
-
income
-
5 356
-
-
surtax
-
-
-
-
total
-
5 356
-
-
Dividends
-
20 144
-
-
withholding
-
5 641
-
-
total
-
5 641
-
-
Income
25 500
25 500
25 500
25 500
Total tax
23 987
10 997
10 305
10 348
After tax
1 513
14 503
15 195
15 152
Living cost
29 450
29 450
29 450
29 450
Free-cash
-27 937
-14 947
-14 255
-14 298

Estimated living cost  is ₽29450 per week

₽22034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽32495
-₽28667
-₽29730
-₽51669
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
other
-
-
-
791
surtax
-
-
-
-
social contributions
-
-
-
725
health
-
-
-
251
pensions
-
-
-
8 116
total
-
-
-
9 883
Employee
58 804
-
19 430
-
pensions
6 651
-
2 199
-
surtax
-
-
-
-
social contributions
1 675
-
554
-
income
5 131
-
-
-
total
13 457
-
2 753
-
Employer
58 804
-
19 430
-
health
4 116
-
1 359
-
pensions
9 662
-
3 191
-
unemployment
2 382
-
788
-
social contributions
176
-
59
-
other
2 029
-
670
-
total
18 365
-
6 067
-
Corporate
-
25 500
-
-
income
-
7 139
-
-
surtax
-
-
-
-
total
-
7 139
-
-
Dividends
-
18 361
-
-
surtax
-
-
-
-
social contributions
-
3 159
-
-
withholding
-
2 350
-
-
total
-
5 509
-
-
Income
25 500
25 500
25 500
25 500
Total tax
31 822
12 648
8 820
9 883
After tax
-6 322
12 852
16 680
15 617
Living cost
45 347
45 347
45 347
45 347
Free-cash
-51 669
-32 495
-28 667
-29 730

Estimated living cost  is ₽45347 per week

₽30690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽622
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10325
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5272
-₽7579
-₽8331
-₽9363
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 609
total
-
-
-
5 609
Employee
30 184
-
22 079
-
income
-
-
-
-
social contributions
1 962
-
1 436
-
total
1 962
-
1 436
-
Employer
30 184
-
22 079
-
social contributions
4 679
-
3 421
-
total
4 679
-
3 421
-
Corporate
-
25 500
-
-
income
-
2 550
-
-
total
-
2 550
-
-
Dividends
-
22 950
-
-
total
-
-
-
-
Income
25 500
25 500
25 500
25 500
Total tax
6 641
2 550
4 857
5 609
After tax
18 859
22 950
20 643
19 891
Living cost
28 222
28 222
28 222
28 222
Free-cash
-9 363
-5 272
-7 579
-8 331

Estimated living cost  is ₽28222 per week

₽18248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2127
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽179058
-₽179058
-₽26835
-₽179058
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 975
municipal
-
-
-
2 668
national
-
-
-
1 662
pensions
-
-
-
814
total
-
-
-
7 119
Employee
190 844
190 844
190 844
-
municipal
40 639
40 639
40 639
-
labour market
15 246
15 246
15 246
-
pensions
271
271
271
-
national
23 315
23 315
23 315
-
total
79 471
79 471
79 471
-
Employer
190 844
190 844
190 844
-
national
23 356
23 356
23 356
-
labour market
15 268
15 268
15 268
-
pensions
543
543
543
-
municipal
40 704
40 704
40 704
-
total
79 871
79 871
79 871
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
25 500
25 500
25 500
25 500
Total tax
159 342
159 342
159 342
7 119
After tax
-133 842
-133 842
-133 842
18 381
Living cost
45 216
45 216
45 216
45 216
Free-cash
-179 058
-179 058
-179 058
-26 835

Estimated living cost  is ₽45216 per week

₽30946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽695
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9574
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18557
-₽7155
-₽5099
-₽13552
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
240
income
-
-
-
3 350
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
9 977
Employee
32 441
-
21 183
-
pensions
3 653
-
2 385
-
income
4 450
-
2 906
-
health
3 715
-
2 425
-
total
11 818
-
7 716
-
Employer
32 441
-
21 183
-
pensions
5 275
-
3 444
-
accident
542
-
354
-
unemployment
795
-
519
-
total
6 612
-
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
18 430
23 435
12 033
9 977
After tax
7 070
2 065
13 467
15 523
Living cost
20 622
20 622
20 622
20 622
Free-cash
-13 552
-18 557
-7 155
-5 099

Estimated living cost  is ₽20622 per week

₽15011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1176
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.
₽4049
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18400
-₽19907
-₽15136
-₽33218
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
municipal
-
-
-
4 590
national
-
-
-
-
total
-
-
-
4 590
Employee
49 396
-
21 452
-
municipal
8 091
-
3 542
-
unemployment
741
-
322
-
pensions
3 334
-
1 449
-
national
816
-
-
-
health
369
-
-
-
total
13 351
-
5 313
-
Employer
49 396
-
21 452
-
health
380
-
166
-
pensions
8 570
-
3 722
-
accident
50
-
21
-
unemployment
321
-
139
-
total
9 321
-
4 048
-
Corporate
-
25 500
-
-
income
-
5 099
-
-
total
-
5 099
-
-
Dividends

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

-
15 301
-
-
municipal
-
2 755
-
-
national
-
-
-
-
total
-
2 755
-
-
Income
25 500
25 500
25 500
25 500
Total tax
22 672
7 854
9 361
4 590
After tax
2 828
17 646
16 139
20 910
Living cost
36 046
36 046
36 046
36 046
Free-cash
-33 218
-18 400
-19 907
-15 136

Estimated living cost  is ₽36046 per week

₽23545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3467
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8461
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17469
-₽9259
-₽2716
-₽10726
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 692
income
-
-
-
-
social contributions
-
-
-
5 568
health
-
-
-
910
total
-
-
-
6 478
Employee
72 195
72 195
72 195
-
social contributions
2 730
5 992
2 020
-
income
7 861
6 683
8 117
-
health
559
1 228
413
-
total
11 150
13 903
10 550
-
Employer
72 195
72 195
72 195
-
health
608
1 336
451
-
social contributions
2 730
5 992
2 020
-
total
3 338
7 328
2 471
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
25 500
25 500
25 500
25 500
Total tax
14 488
21 231
13 021
6 478
After tax
11 012
4 269
12 479
19 022
Living cost
21 738
21 738
21 738
21 738
Free-cash
-10 726
-17 469
-9 259
-2 716

Estimated living cost  is ₽21738 per week

₽13028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6210
₽1063
-₽253
₽1433
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
1 449
unemployment
-
-
-
27
health
-
-
-
3 398
pensions
-
-
-
5 972
total
-
-
-
10 846
Employee

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

21 550
-
23 118
-
unemployment
107
-
116
-
pensions
3 232
-
3 467
-
income
1 473
-
1 600
-
health
1 832
-
1 965
-
total
6 644
-
7 148
-
Employer

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

21 550
-
23 118
-
health
926
-
994
-
pensions
1 185
-
1 272
-
unemployment
107
-
116
-
total
2 218
-
2 382
-
Corporate
1 731
25 500
-
-
income
155
2 295
-
-
total
155
2 295
-
-
Dividends
1 576
23 205
-
-
withholding
143
2 088
-
-
total
143
2 088
-
-
Income
25 500
25 500
25 500
25 500
Total tax
9 160
4 383
9 530
10 846
After tax
16 340
21 117
15 970
14 654
Living cost
14 907
14 907
14 907
14 907
Free-cash
1 433
6 210
1 063
-253

Estimated living cost  is ₽14907 per week

₽9511
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8481
-₽14871
-₽11359
-₽20283
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
230
income
-
-
-
3 392
other
-
-
-
25
unemployment
-
-
-
178
pensions
-
-
-
7 216
total
-
-
-
11 041
Employee
34 716
-
15 505
-
other
34
-
32
-
unemployment
538
-
486
-
pensions
1 632
-
1 473
-
income
6 693
-
2 567
-
total
8 897
-
4 558
-
Employer
34 716
-
15 505
-
pensions
8 192
-
7 399
-
accident
688
-
620
-
unemployment
1 910
-
1 725
-
other
278
-
251
-
total
11 068
-
9 995
-
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.

-
3 825
-
-
total
-
3 825
-
-
Dividends
-
21 675
-
-
withholding
-
4 338
-
-
total
-
4 338
-
-
Income
25 500
25 500
25 500
25 500
Total tax
19 965
8 163
14 553
11 041
After tax
5 535
17 337
10 947
14 459
Living cost
25 818
25 818
25 818
25 818
Free-cash
-20 283
-8 481
-14 871
-11 359

Estimated living cost  is ₽25818 per week

₽17427
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2482
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5457
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14015
₽13430
₽13564
₽13703
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 652
health
-
-
-
1 003
pensions
-
-
-
1 384
total
-
-
-
10 039
Employee
2 889
-
23 943
-
unemployment
29
-
69
-
pensions
260
-
623
-
income
559
-
7 579
-
health
144
-
346
-
total
992
-
8 617
-
Employer
2 889
-
23 943
-
health
275
-
657
-
pensions
318
-
761
-
unemployment
58
-
138
-
total
651
-
1 556
-
Corporate
21 960
25 500
-
-
income
4 831
5 610
-
-
total
4 831
5 610
-
-
Dividends
17 129
19 890
-
-
withholding
3 426
3 978
-
-
total
3 426
3 978
-
-
Income
25 500
25 500
25 500
25 500
Total tax
9 900
9 588
10 173
10 039
After tax
15 600
15 912
15 327
15 461
Living cost
1 897
1 897
1 897
1 897
Free-cash
13 703
14 015
13 430
13 564

Estimated living cost  is ₽1897 per week

₽1127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽572
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2179
-₽1722
-₽2819
-₽3384
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
2 436
unemployment
-
-
-
382
health
-
-
-
2 626
pensions
-
-
-
6 630
total
-
-
-
12 074
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.

24 497
-
21 628
-
unemployment
184
-
162
-
pensions
3 430
-
3 028
-
income
3 377
-
2 802
-
health
1 262
-
1 114
-
total
8 253
-
7 106
-
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.

24 497
-
21 628
-
health
1 262
-
1 114
-
pensions
2 940
-
2 595
-
unemployment
184
-
162
-
total
4 386
-
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
12 639
7 076
10 977
12 074
After tax
12 861
18 424
14 523
13 426
Living cost
16 245
16 245
16 245
16 245
Free-cash
-3 384
2 179
-1 722
-2 819

Estimated living cost  is ₽16245 per week

₽10938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1257
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10809
-₽10117
-₽10160
-₽19594
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
1 488
surtax
-
-
-
-
social contributions

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

-
-
-
8 860
total
-
-
-
10 348
Employee
36 440
-
20 606
-
surtax
-
-
-
-
social contributions
4 009
-
2 266
-
income
7 120
-
3 145
-
total
11 129
-
5 411
-
Employer
36 440
-
20 606
-
social contributions
8 654
-
4 894
-
total
8 654
-
4 894
-
Corporate
-
25 500
-
-
income
-
5 356
-
-
surtax
-
-
-
-
total
-
5 356
-
-
Dividends
-
20 144
-
-
withholding
-
5 641
-
-
total
-
5 641
-
-
Income
25 500
25 500
25 500
25 500
Total tax
19 783
10 997
10 305
10 348
After tax
5 717
14 503
15 195
15 152
Living cost
25 312
25 312
25 312
25 312
Free-cash
-19 594
-10 809
-10 117
-10 160

Estimated living cost  is ₽25312 per week

₽17927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1759
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.
₽5178
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15659
-₽22049
-₽18537
-₽34301
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
230
income
-
-
-
3 392
other
-
-
-
25
unemployment
-
-
-
178
pensions
-
-
-
7 216
total
-
-
-
11 041
Employee
45 344
-
15 505
-
other
45
-
32
-
unemployment
702
-
486
-
pensions
2 131
-
1 473
-
income
9 471
-
2 567
-
total
12 349
-
4 558
-
Employer
45 344
-
15 505
-
pensions
10 701
-
7 399
-
accident
898
-
620
-
unemployment
2 494
-
1 725
-
other
363
-
251
-
total
14 456
-
9 995
-
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.

-
3 825
-
-
total
-
3 825
-
-
Dividends
-
21 675
-
-
withholding
-
4 338
-
-
total
-
4 338
-
-
Income
25 500
25 500
25 500
25 500
Total tax
26 805
8 163
14 553
11 041
After tax
-1 305
17 337
10 947
14 459
Living cost
32 996
32 996
32 996
32 996
Free-cash
-34 301
-15 659
-22 049
-18 537

Estimated living cost  is ₽32996 per week

₽23697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2566
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5651
-₽51
-₽1285
-₽83
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 825
unemployment
-
-
-
102
health
-
-
-
2 933
pensions

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

-
-
-
3 774
total
-
-
-
10 634
Employee
21 387
-
21 319
-
accident

We are using the highest rate at 1.1%.

235
-
234
-
pensions

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

1 878
-
1 872
-
income
2 139
-
2 132
-
health
984
-
981
-
total
5 236
-
5 219
-
Employer
21 387
-
21 319
-
health
1 476
-
1 470
-
pensions

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

2 357
-
2 349
-
accident

We are using the highest rate at 1.1%.

235
-
234
-
unemployment
128
-
128
-
total
4 196
-
4 181
-
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
9 432
3 698
9 400
10 634
After tax
16 068
21 802
16 100
14 866
Living cost
16 151
16 151
16 151
16 151
Free-cash
-83
5 651
-51
-1 285

Estimated living cost  is ₽16151 per week

₽10682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
-₽22896
-₽17613
-₽17613
-₽21215
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
428
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.

-
-
-
23
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.

-
-
-
6 414
trade
-
-
-
-
total
-
-
-
6 865
Employee

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

46 715
-
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.

212
-
23
-
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.

3 841
-
428
-
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.

6 414
-
6 414
-
total
10 467
-
6 865
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
25 500
-
-
income
-
3 825
-
-
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
-
-
chamber of commerce
-
180
-
-
trade
-
3 660
-
-
total
-
7 875
-
-
Dividends
-
17 625
-
-
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.

-
223
-
-
withholding
-
4 050
-
-
total
-
4 273
-
-
Income
25 500
25 500
25 500
25 500
Total tax
10 467
12 148
6 865
6 865
After tax
15 033
13 352
18 635
18 635
Living cost
36 248
36 248
36 248
36 248
Free-cash
-21 215
-22 896
-17 613
-17 613

Estimated living cost  is ₽36248 per week

₽25004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3900
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6817
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽35633
-₽30863
-₽30863
-₽47942
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 159
social contributions
-
-
-
721
total
-
-
-
2 880
Employee
73 441
-
25 500
-
income
13 858
-
2 159
-
social contributions
6 101
-
721
-
total
19 959
-
2 880
-
Employer
73 441
-
25 500
-
total
-
-
-
-
Corporate
-
25 500
-
-
income
-
3 187
-
-
total
-
3 187
-
-
Dividends
-
22 313
-
-
withholding
-
4 463
-
-
total
-
4 463
-
-
Income
25 500
25 500
25 500
25 500
Total tax
19 959
7 650
2 880
2 880
After tax
5 541
17 850
22 620
22 620
Living cost
53 483
53 483
53 483
53 483
Free-cash
-47 942
-35 633
-30 863
-30 863

Estimated living cost  is ₽53483 per week

₽40689
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4358
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.
₽7925
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20310
-₽13925
-₽40987
-₽24688
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 725
health

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

-
-
-
5 680
total
-
-
-
32 405
Employee
43 070
-
23 177
-
income
4 673
-
697
-
social contributions
4 315
-
2 323
-
total
8 988
-
3 020
-
Employer
43 070
-
23 177
-
social contributions
4 315
-
2 323
-
total
4 315
-
2 323
-
Corporate
-
25 500
-
-
income
-
8 925
-
-
total
-
8 925
-
-
Dividends
-
16 575
-
-
social contributions
2 803
2 803
-
-
total
2 803
2 803
-
-
Income
25 500
25 500
25 500
25 500
Total tax
16 106
11 728
5 343
32 405
After tax
9 394
13 772
20 157
-6 905
Living cost
34 082
34 082
34 082
34 082
Free-cash
-24 688
-20 310
-13 925
-40 987

Estimated living cost  is ₽34082 per week

₽22449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2687
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8422
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15884
-₽16812
-₽15166
-₽28291
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 956
pensions
-
-
-
722
total
-
-
-
5 678
Employee
48 026
-
23 575
-
pensions
3 666
-
732
-
income
8 746
-
4 543
-
health
626
-
124
-
total
13 038
-
5 399
-
Employer
48 026
-
23 575
-
health
913
-
448
-
pensions
4 852
-
1 477
-
total
5 765
-
1 925
-
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.

-
4 846
-
-
total
-
4 846
-
-
Dividends
-
20 654
-
-
withholding
-
1 550
-
-
total
-
1 550
-
-
Income
25 500
25 500
25 500
25 500
Total tax
18 803
6 396
7 324
5 678
After tax
6 697
19 104
18 176
19 822
Living cost
34 988
34 988
34 988
34 988
Free-cash
-28 291
-15 884
-16 812
-15 166

Estimated living cost  is ₽34988 per week

₽24001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽20599
-₽9197
-₽7141
-₽17416
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
240
income
-
-
-
3 350
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
9 977
Employee
35 652
-
21 183
-
pensions
4 014
-
2 385
-
income
4 891
-
2 906
-
health
4 082
-
2 425
-
total
12 987
-
7 716
-
Employer
35 652
-
21 183
-
pensions
5 797
-
3 444
-
accident
595
-
354
-
unemployment
873
-
519
-
total
7 265
-
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
20 252
23 435
12 033
9 977
After tax
5 248
2 065
13 467
15 523
Living cost
22 664
22 664
22 664
22 664
Free-cash
-17 416
-20 599
-9 197
-7 141

Estimated living cost  is ₽22664 per week

₽16633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1321
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8988
₽3250
₽3250
₽4421
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
306
work injury
-
-
-
128
health insurance
-
-
-
1 887
pensions
-
-
-
4 692
total
-
-
-
9 563
Employee

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

20 298
-
25 500
-
health insurance
1 502
-
1 887
-
unemployment
244
-
306
-
work injury
101
-
128
-
pensions
3 735
-
4 692
-
income
2 030
-
2 550
-
total
7 612
-
9 563
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
5 202
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
5 202
25 500
-
-
withholding
780
3 825
-
-
total
780
3 825
-
-
Income
25 500
25 500
25 500
25 500
Total tax
8 392
3 825
9 563
9 563
After tax
17 108
21 675
15 937
15 937
Living cost
12 687
12 687
12 687
12 687
Free-cash
4 421
8 988
3 250
3 250

Estimated living cost  is ₽12687 per week

₽7860
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽922
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽396
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3509
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23972
-₽25532
-₽23849
-₽53616
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 276
regional
-
-
-
315
municipal
-
-
-
164
national
-
-
-
4 191
total
-
-
-
11 946
Employee
79 116
-
25 500
-
municipal
472
-
144
-
national
13 370
-
3 670
-
regional
1 194
-
276
-
social contributions
26 677
-
9 539
-
total
41 713
-
13 629
-
Employer
79 116
-
25 500
-
total
-
-
-
-
Corporate
-
25 500
-
-
municipal
-
1 229
-
-
nationa
-
6 120
-
-
total
-
7 349
-
-
Dividends
-
18 150
-
-
withholding
-
4 720
-
-
total
-
4 720
-
-
Income
25 500
25 500
25 500
25 500
Total tax
41 713
12 069
13 629
11 946
After tax
-16 213
13 431
11 871
13 554
Living cost
37 403
37 403
37 403
37 403
Free-cash
-53 616
-23 972
-25 532
-23 849

Estimated living cost  is ₽37403 per week

₽26273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7991
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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