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
₽ 27500
per

Your estimated
City
free-cash

Dresden , Germany
-₽16452
-₽11098
-₽10463
-₽10463
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
27 500
trade
-
-
-
-
income

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

-
-
-
475
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.

-
-
-
6 894
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.

-
-
-
27
total
-
-
-
7 396
Employee

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

38 599
-
27 500
-
health

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

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

6 894
-
6 894
-
surtax

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

59
-
27
-
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.

1 078
-
475
-
total
8 031
-
7 396
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
27 500
-
-
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.

-
226
-
-
income
-
4 125
-
-
trade
-
4 332
-
-
chamber of commerce
-
193
-
-
total
-
8 876
-
-
Dividends
-
18 624
-
-
surtax

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

-
236
-
-
withholding
-
4 273
-
-
total
-
4 509
-
-
Income
27 500
27 500
27 500
27 500
Total tax
8 031
13 385
7 396
7 396
After tax
19 469
14 115
20 104
20 104
Living cost
30 567
30 567
30 567
30 567
Free-cash
-11 098
-16 452
-10 463
-10 463

Estimated living cost  is ₽30567 per week

₽19227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽33834
-₽58724
-₽32067
-₽31852
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
27 500
municipal
-
-
-
1 952
pensions
-
-
-
3 300
national
-
-
-
3 025
social contributions
-
-
-
296
total
-
-
-
8 573
Employee
79 050
-
23 773
-
municipal
9 764
-
2 059
-
pensions
3 162
-
951
-
national
15 130
-
3 190
-
total
28 056
-
6 200
-
Employer
79 050
-
23 773
-
social contributions
850
-
256
-
pensions
6 324
-
1 902
-
total
7 174
-
2 158
-
Corporate
-
27 500
-
-
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%.

-
5 500
-
-
total
-
5 500
-
-
Dividends
-
22 000
-
-
withholding
-
4 840
-
-
total
-
4 840
-
-
Income
27 500
27 500
27 500
27 500
Total tax
35 230
10 340
8 358
8 573
After tax
-7 730
17 160
19 142
18 927
Living cost
50 994
50 994
50 994
50 994
Free-cash
-58 724
-33 834
-31 852
-32 067

Estimated living cost  is ₽50994 per week

₽34660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1005
-₽9091
-₽797
-₽5217
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
27 500
microenterprise
-
-
-
4 125
income
-
-
-
-
surtax
-
-
-
-
social contributions

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

-
-
-
3 177
total
-
-
-
7 302
Employee
29 488
-
22 161
-
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.

3 244
-
2 438
-
surtax
-
-
-
-
income
5 249
-
3 945
-
total
8 493
-
6 383
-
Employer
29 488
-
22 161
-
social contributions

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

7 103
-
5 339
-
surtax
-
-
-
-
total
7 103
-
5 339
-
Corporate
-
27 500
-
-
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%.

-
5 500
-
-
total
-
5 500
-
-
Dividends

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

-
22 000
-
-
total
-
-
-
-
Income
27 500
27 500
27 500
27 500
Total tax
15 596
5 500
11 722
7 302
After tax
11 904
22 000
15 778
20 198
Living cost
20 995
20 995
20 995
20 995
Free-cash
-9 091
1 005
-5 217
-797

Estimated living cost  is ₽20995 per week

₽13394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
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.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽67046
-₽72712
-₽26421
-₽72712
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
27 500
income
-
-
-
2 474
pensions
-
-
-
4 949
health
-
-
-
4 223
total
-
-
-
11 646
Employee
86 179
86 179
86 179
-
health
13 228
11 251
13 228
-
income

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

14 106
14 106
14 106
-
pensions
15 512
11 824
15 512
-
total
42 846
37 181
42 846
-
Employer
86 179
86 179
86 179
-
unemployment
3 102
3 102
3 102
-
pensions
5 998
5 998
5 998
-
health
5 990
5 990
5 990
-
total
15 090
15 090
15 090
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
27 500
27 500
27 500
27 500
Total tax
57 936
52 271
57 936
11 646
After tax
-30 436
-24 771
-30 436
15 854
Living cost
42 276
42 276
42 276
42 276
Free-cash
-72 712
-67 046
-72 712
-26 421

Estimated living cost  is ₽42276 per week

₽29960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23975
-₽45514
-₽25281
-₽24305
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
27 500
municipal
-
-
-
5 825
accident
-
-
-
55
pensions
-
-
-
2 973
other
-
-
-
3 195
unemployment
-
-
-
27
health
-
-
-
1 716
national
-
-
-
-
total
-
-
-
13 791
Employee
55 558
-
20 925
-
municipal
16 567
-
6 240
-
national
-
-
-
-
total
16 567
-
6 240
-
Employer
55 558
-
20 925
-
accident
111
-
42
-
other
6 456
-
2 432
-
unemployment
1 467
-
552
-
pensions
6 006
-
2 262
-
health
3 417
-
1 287
-
total
17 457
-
6 575
-
Corporate
-
27 500
-
-
income
-
6 050
-
-
total
-
6 050
-
-
Dividends
-
21 450
-
-
withholding
-
6 435
-
-
total
-
6 435
-
-
Income
27 500
27 500
27 500
27 500
Total tax
34 024
12 485
12 815
13 791
After tax
-6 524
15 015
14 685
13 709
Living cost
38 990
38 990
38 990
38 990
Free-cash
-45 514
-23 975
-24 305
-25 281

Estimated living cost  is ₽38990 per week

₽25841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽25667
-₽23676
-₽19540
-₽19540
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
27 500
trade
-
-
-
-
income

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

-
-
-
475
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.

-
-
-
6 894
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.

-
-
-
27
total
-
-
-
7 396
Employee

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

51 177
-
27 500
-
health

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

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

6 894
-
6 894
-
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.

241
-
27
-
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.

4 397
-
475
-
total
11 532
-
7 396
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
27 500
-
-
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.

-
226
-
-
income
-
4 125
-
-
trade
-
4 523
-
-
chamber of commerce
-
192
-
-
total
-
9 066
-
-
Dividends
-
18 434
-
-
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.

-
232
-
-
withholding
-
4 225
-
-
total
-
4 457
-
-
Income
27 500
27 500
27 500
27 500
Total tax
11 532
13 523
7 396
7 396
After tax
15 968
13 977
20 104
20 104
Living cost
39 644
39 644
39 644
39 644
Free-cash
-23 676
-25 667
-19 540
-19 540

Estimated living cost  is ₽39644 per week

₽26514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28050
-₽22536
-₽12196
-₽19230
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 364
income
-
-
-
-
health
-
-
-
979
social contributions
-
-
-
5 985
total
-
-
-
6 964
Employee
77 600
77 600
77 600
-
social contributions
3 771
6 440
2 172
-
health
772
1 319
444
-
income
8 149
7 183
8 725
-
total
12 692
14 942
11 341
-
Employer
77 600
77 600
77 600
-
social contributions
3 771
6 440
2 172
-
health
841
1 436
485
-
total
4 612
7 876
2 657
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
27 500
27 500
27 500
27 500
Total tax
17 304
22 818
13 998
6 964
After tax
10 196
4 682
13 502
20 536
Living cost
32 732
32 732
32 732
32 732
Free-cash
-22 536
-28 050
-19 230
-12 196

Estimated living cost  is ₽32732 per week

₽22376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2573
-₽4132
₽714
-₽2394
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
27 500
income
-
-
-
3 362
pensions
-
-
-
2 750
unemployment
-
-
-
412
health
-
-
-
1 925
total
-
-
-
8 449
Employee

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

The minimum wage is 138,000 HUF per month.

26 470
10 535
23 013
-
health
1 853
737
1 611
-
income
3 236
1 288
2 813
-
pensions
2 647
1 053
2 301
-
unemployment
397
158
345
-
total
8 133
3 236
7 070
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 470
10 535
23 013
-
pensions
5 162
2 054
4 487
-
total
5 162
2 054
4 487
-
Corporate
-
14 911
-
-
income
-
1 342
-
-
total
-
1 342
-
-
Dividends
-
13 569
-
-
social contributions
-
2 526
-
-
withholding
-
2 578
-
-
total
-
5 104
-
-
Income
27 500
27 500
27 500
27 500
Total tax
13 295
11 736
11 557
8 449
After tax
14 205
15 764
15 943
19 051
Living cost
18 337
18 337
18 337
18 337
Free-cash
-4 132
-2 573
-2 394
714

Estimated living cost  is ₽18337 per week

₽12513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2375
-₽10806
-₽7337
-₽6227
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
27 500
income
-
-
-
1 387
pensions
-
-
-
5 500
health
-
-
-
3 575
total
-
-
-
10 462
Employee
28 629
-
20 554
-
income
3 223
-
1 664
-
pensions
573
-
412
-
unemployment
458
-
329
-
total
4 254
-
2 405
-
Employer
28 629
-
20 554
-
unemployment
230
-
165
-
pensions
5 726
-
4 110
-
health
3 721
-
2 672
-
total
9 677
-
6 947
-
Corporate
-
27 500
-
-
income
-
5 500
-
-
total
-
5 500
-
-
Dividends
-
22 000
-
-
total
-
-
-
-
Income
27 500
27 500
27 500
27 500
Total tax
13 931
5 500
9 352
10 462
After tax
13 569
22 000
18 148
17 038
Living cost
24 375
24 375
24 375
24 375
Free-cash
-10 806
-2 375
-6 227
-7 337

Estimated living cost  is ₽24375 per week

₽16719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
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.
₽5715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19841
-₽14291
-₽5197
-₽7546
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
27 500
accident
-
-
-
253
income
-
-
-
3 641
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
10 628
Employee
34 715
-
22 844
-
health
3 975
-
2 616
-
income
4 763
-
3 134
-
pensions
3 909
-
2 572
-
total
12 647
-
8 322
-
Employer
34 715
-
22 844
-
accident
580
-
381
-
unemployment
850
-
560
-
pensions
5 645
-
3 714
-
total
7 075
-
4 655
-
Corporate
-
27 500
-
-
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.

-
24 750
-
-
total
-
24 750
-
-
Dividends
-
2 750
-
-
withholding
-
522
-
-
total
-
522
-
-
Income
27 500
27 500
27 500
27 500
Total tax
19 722
25 272
12 977
10 628
After tax
7 778
2 228
14 523
16 872
Living cost
22 069
22 069
22 069
22 069
Free-cash
-14 291
-19 841
-7 546
-5 197

Estimated living cost  is ₽22069 per week

₽16174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4211
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17046
₽15345
₽18146
₽12921
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
27 500
microenterprise

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

-
-
-
275
total
-
-
-
275
Employee
11 349
-
27 500
-
income
2 269
-
5 500
-
total
2 269
-
5 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

16 151
27 500
-
-
total
-
-
-
-
Dividends
16 151
27 500
-
-
withholding
807
1 375
-
-
total
807
1 375
-
-
Income
27 500
27 500
27 500
27 500
Total tax
3 076
1 375
5 500
275
After tax
24 424
26 125
22 000
27 225
Living cost
9 079
9 079
9 079
9 079
Free-cash
15 345
17 046
12 921
18 146

Estimated living cost  is ₽9079 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6687
-₽18376
-₽12000
-₽10772
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
27 500
income
-
-
-
3 493
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.

-
-
-
6 601
other
-
-
-
1 306
health
-
-
-
1 210
total
-
-
-
12 610
Employee
36 642
-
21 962
-
health
513
-
308
-
income
6 308
-
3 780
-
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.

2 564
-
1 538
-
unemployment
366
-
220
-
total
9 751
-
5 846
-
Employer
36 642
-
21 962
-
accident
293
-
176
-
other
1 833
-
1 099
-
unemployment
366
-
220
-
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.

6 230
-
3 733
-
health
513
-
308
-
total
9 235
-
5 536
-
Corporate
-
27 500
-
-
income
-
5 776
-
-
total
-
5 776
-
-
Dividends
-
21 724
-
-
withholding
-
1 521
-
-
total
-
1 521
-
-
Income
27 500
27 500
27 500
27 500
Total tax
18 986
7 297
11 382
12 610
After tax
8 514
20 203
16 118
14 890
Living cost
26 890
26 890
26 890
26 890
Free-cash
-18 376
-6 687
-10 772
-12 000

Estimated living cost  is ₽26890 per week

₽19000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1816
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.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽47122
-₽81457
-₽46356
-₽48138
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
27 500
income
-
-
-
5 344
pensions
-
-
-
785
total
-
-
-
6 129
Employee
95 823
-
25 417
-
health
1 579
-
136
-
income
17 273
-
4 898
-
pensions
9 244
-
796
-
total
28 096
-
5 830
-
Employer
95 823
-
25 417
-
pensions
11 314
-
1 597
-
health
1 820
-
484
-
total
13 134
-
2 081
-
Corporate
-
27 500
-
-
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.

-
5 225
-
-
total
-
5 225
-
-
Dividends
-
22 275
-
-
withholding
-
1 670
-
-
total
-
1 670
-
-
Income
27 500
27 500
27 500
27 500
Total tax
41 230
6 895
7 911
6 129
After tax
-13 730
20 605
19 589
21 371
Living cost
67 727
67 727
67 727
67 727
Free-cash
-81 457
-47 122
-48 138
-46 356

Estimated living cost  is ₽67727 per week

₽50749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
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.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽10274
₽5583
₽2794
₽4123
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
27 500
income
-
-
-
4 125
pensions

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

-
-
-
4 070
unemployment
-
-
-
110
health
-
-
-
3 162
total
-
-
-
11 467
Employee
17 531
-
22 989
-
health
806
-
1 057
-
accident

We are using the highest rate at 1.1%.

193
-
253
-
income
1 753
-
2 299
-
pensions

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

1 539
-
2 018
-
total
4 291
-
5 627
-
Employer
17 531
-
22 989
-
accident

We are using the highest rate at 1.1%.

193
-
253
-
unemployment
105
-
138
-
pensions

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

1 932
-
2 534
-
health
1 210
-
1 586
-
total
3 440
-
4 511
-
Corporate
6 529
27 500
-
-
income
653
2 750
-
-
total
653
2 750
-
-
Dividends
5 877
24 750
-
-
withholding
294
1 237
-
-
total
294
1 237
-
-
Income
27 500
27 500
27 500
27 500
Total tax
8 678
3 987
10 138
11 467
After tax
18 822
23 513
17 362
16 033
Living cost
13 239
13 239
13 239
13 239
Free-cash
5 583
10 274
4 123
2 794

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽80731
-₽82444
-₽40106
-₽86396
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
27 500
income
-
-
-
2 474
pensions
-
-
-
4 949
health
-
-
-
4 223
total
-
-
-
11 646
Employee
93 563
86 179
86 179
-
health
11 672
11 251
13 228
-
income

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

14 106
14 106
14 106
-
pensions
11 824
11 824
15 512
-
total
37 602
37 181
42 846
-
Employer
93 563
86 179
86 179
-
unemployment
3 369
3 102
3 102
-
pensions
6 511
5 998
5 998
-
health
6 502
5 990
5 990
-
total
16 382
15 090
15 090
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
27 500
27 500
27 500
27 500
Total tax
53 984
52 271
57 936
11 646
After tax
-26 484
-24 771
-30 436
15 854
Living cost
55 960
55 960
55 960
55 960
Free-cash
-82 444
-80 731
-86 396
-40 106

Estimated living cost  is ₽55960 per week

₽41280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5236
-₽20128
-₽10776
-₽10216
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
27 500
income
-
-
-
2 364
health
-
-
-
3 712
solidarity contribution
-
-
-
-
social contributions
-
-
-
8 030
total
-
-
-
14 106
Employee
35 544
-
20 522
-
social contributions
2 310
-
1 334
-
health
4 798
-
2 771
-
solidarity contribution
-
-
-
-
income
4 265
-
2 463
-
total
11 373
-
6 568
-
Employer
35 544
-
20 522
-
social contributions
8 886
-
5 131
-
health
3 199
-
1 847
-
total
12 085
-
6 978
-
Corporate
-
27 500
-
-
income
-
5 225
-
-
total
-
5 225
-
-
Dividends
-
22 275
-
-
withholding
-
3 341
-
-
total
-
3 341
-
-
Income
27 500
27 500
27 500
27 500
Total tax
23 458
8 566
13 546
14 106
After tax
4 042
18 934
13 954
13 394
Living cost
24 170
24 170
24 170
24 170
Free-cash
-20 128
-5 236
-10 216
-10 776

Estimated living cost  is ₽24170 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27909
-₽62188
-₽27827
-₽29653
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
27 500
municipal
-
-
-
157
regional
-
-
-
241
national
-
-
-
4 525
social contributions
-
-
-
7 821
total
-
-
-
12 744
Employee
89 689
-
27 500
-
social contributions
30 243
-
10 253
-
regional
846
-
213
-
municipal
475
-
138
-
national
15 541
-
3 966
-
total
47 105
-
14 570
-
Employer
89 689
-
27 500
-
total
-
-
-
-
Corporate
-
27 500
-
-
nationa
-
6 599
-
-
municipal
-
1 072
-
-
total
-
7 671
-
-
Dividends
-
19 828
-
-
withholding
-
5 155
-
-
total
-
5 155
-
-
Income
27 500
27 500
27 500
27 500
Total tax
47 105
12 826
14 570
12 744
After tax
-19 605
14 674
12 930
14 756
Living cost
42 583
42 583
42 583
42 583
Free-cash
-62 188
-27 909
-29 653
-27 827

Estimated living cost  is ₽42583 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4973
-₽12897
-₽6414
-₽7035
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
27 500
income
-
-
-
3 964
pensions
-
-
-
5 500
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
1 951
surtax
-
-
-
-
total
-
-
-
11 645
Employee
33 373
-
22 718
-
other
-
-
-
-
health
852
-
578
-
surtax
109
-
-
-
income
5 594
-
3 809
-
pensions
2 225
-
1 515
-
unemployment
2 323
-
1 582
-
total
11 103
-
7 484
-
Employer
33 373
-
22 718
-
other
-
-
-
-
unemployment
1 057
-
720
-
pensions
4 449
-
3 028
-
health
1 519
-
1 034
-
total
7 025
-
4 782
-
Corporate
-
27 500
-
-
income
-
7 151
-
-
total
-
7 151
-
-
Dividends
-
20 349
-
-
withholding
-
3 053
-
-
total
-
3 053
-
-
Income
27 500
27 500
27 500
27 500
Total tax
18 128
10 204
12 266
11 645
After tax
9 372
17 296
15 234
15 855
Living cost
22 269
22 269
22 269
22 269
Free-cash
-12 897
-4 973
-7 035
-6 414

Estimated living cost  is ₽22269 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽25664
-₽44890
-₽24898
-₽26680
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
27 500
income
-
-
-
5 344
pensions
-
-
-
785
total
-
-
-
6 129
Employee
64 218
-
25 417
-
health
932
-
136
-
income
11 566
-
4 898
-
pensions
5 451
-
796
-
total
17 949
-
5 830
-
Employer
64 218
-
25 417
-
pensions
6 952
-
1 597
-
health
1 220
-
484
-
total
8 172
-
2 081
-
Corporate
-
27 500
-
-
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.

-
5 225
-
-
total
-
5 225
-
-
Dividends
-
22 275
-
-
withholding
-
1 670
-
-
total
-
1 670
-
-
Income
27 500
27 500
27 500
27 500
Total tax
26 121
6 895
7 911
6 129
After tax
1 379
20 605
19 589
21 371
Living cost
46 269
46 269
46 269
46 269
Free-cash
-44 890
-25 664
-26 680
-24 898

Estimated living cost  is ₽46269 per week

₽34665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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

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
-₽63698
-₽70263
-₽52630
-₽55473
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
27 500
city
-
-
-
288
pensions
-
-
-
2 531
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.

-
-
-
550
regional
-
-
-
239
health
-
-
-
249
national
-
-
-
-
total
-
-
-
3 857
Employee
89 259
-
23 848
-
city
958
-
247
-
regional
2 923
-
151
-
health
202
-
53
-
pensions
7 499
-
2 860
-
unemployment
-
-
-
-
national
422
-
-
-
total
12 004
-
3 311
-
Employer
89 259
-
23 848
-
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.

1 785
-
476
-
unemployment
-
-
-
-
pensions
7 499
-
2 860
-
health
202
-
53
-
total
9 486
-
3 389
-
Corporate
-
27 500
-
-
regional
-
5 816
-
-
national
-
2 337
-
-
total
-
8 153
-
-
Dividends
-
19 347
-
-
withholding
-
6 772
-
-
total
-
6 772
-
-
Income
27 500
27 500
27 500
27 500
Total tax
21 490
14 925
6 700
3 857
After tax
6 010
12 575
20 800
23 643
Living cost
76 273
76 273
76 273
76 273
Free-cash
-70 263
-63 698
-55 473
-52 630

Estimated living cost  is ₽76273 per week

₽49599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽32398
-₽33150
-₽26126
-₽26126
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
27 500
trade
-
-
-
-
income

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

-
-
-
475
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.

-
-
-
6 894
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.

-
-
-
27
total
-
-
-
7 396
Employee

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

60 649
-
27 500
-
health

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

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

6 894
-
6 894
-
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.

393
-
27
-
income

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

7 132
-
475
-
total
14 419
-
7 396
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
27 500
-
-
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.

-
226
-
-
income
-
4 125
-
-
trade
-
4 717
-
-
chamber of commerce
-
192
-
-
total
-
9 260
-
-
Dividends
-
18 241
-
-
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.

-
230
-
-
withholding
-
4 177
-
-
total
-
4 407
-
-
Income
27 500
27 500
27 500
27 500
Total tax
14 419
13 667
7 396
7 396
After tax
13 081
13 833
20 104
20 104
Living cost
46 230
46 230
46 230
46 230
Free-cash
-33 150
-32 398
-26 126
-26 126

Estimated living cost  is ₽46230 per week

₽33765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20667
-₽29177
-₽17682
-₽16537
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
27 500
income
-
-
-
-
pensions
-
-
-
8 748
other
-
-
-
852
health
-
-
-
270
surtax
-
-
-
-
social contributions
-
-
-
785
total
-
-
-
10 655
Employee
43 191
-
20 952
-
social contributions
1 231
-
598
-
surtax
-
-
-
-
income
2 549
-
-
-
pensions
4 883
-
2 371
-
total
8 663
-
2 969
-
Employer
43 191
-
20 952
-
other
1 490
-
722
-
social contributions
130
-
63
-
unemployment
1 748
-
848
-
pensions
7 095
-
3 441
-
health
3 024
-
1 467
-
total
13 487
-
6 541
-
Corporate
-
27 500
-
-
surtax
-
-
-
-
income
-
7 701
-
-
total
-
7 701
-
-
Dividends
-
19 799
-
-
surtax
-
-
-
-
social contributions
-
3 405
-
-
withholding
-
2 534
-
-
total
-
5 939
-
-
Income
27 500
27 500
27 500
27 500
Total tax
22 150
13 640
9 510
10 655
After tax
5 350
13 860
17 990
16 845
Living cost
34 527
34 527
34 527
34 527
Free-cash
-29 177
-20 667
-16 537
-17 682

Estimated living cost  is ₽34527 per week

₽21771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17246
-₽23094
-₽14261
-₽13116
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
27 500
income
-
-
-
-
pensions
-
-
-
8 748
other
-
-
-
852
health
-
-
-
270
surtax
-
-
-
-
social contributions
-
-
-
785
total
-
-
-
10 655
Employee
38 554
-
20 952
-
social contributions
1 099
-
598
-
surtax
-
-
-
-
income
1 988
-
-
-
pensions
4 361
-
2 371
-
total
7 448
-
2 969
-
Employer
38 554
-
20 952
-
other
1 331
-
722
-
social contributions
115
-
63
-
unemployment
1 561
-
848
-
pensions
6 335
-
3 441
-
health
2 698
-
1 467
-
total
12 040
-
6 541
-
Corporate
-
27 500
-
-
surtax
-
-
-
-
income
-
7 701
-
-
total
-
7 701
-
-
Dividends
-
19 799
-
-
surtax
-
-
-
-
social contributions
-
3 405
-
-
withholding
-
2 534
-
-
total
-
5 939
-
-
Income
27 500
27 500
27 500
27 500
Total tax
19 488
13 640
9 510
10 655
After tax
8 012
13 860
17 990
16 845
Living cost
31 106
31 106
31 106
31 106
Free-cash
-23 094
-17 246
-13 116
-14 261

Estimated living cost  is ₽31106 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4621
-₽9368
-₽3739
-₽3777
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
27 500
income
-
-
-
4 125
health
-
-
-
1 919
social contributions
-
-
-
3 796
total
-
-
-
9 840
Employee
34 217
-
27 500
-
social contributions
4 723
-
3 796
-
health
2 388
-
1 919
-
income
5 707
-
4 163
-
total
12 818
-
9 878
-
Employer
34 217
-
27 500
-
total
-
-
-
-
Corporate
-
27 500
-
-
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%.

-
1 375
-
-
total
-
1 375
-
-
Dividends
-
26 125
-
-
health
891
1 823
-
-
social contributions
1 760
3 606
-
-
withholding
-
3 918
-
-
total
2 651
9 347
-
-
Income
27 500
27 500
27 500
27 500
Total tax
15 469
10 722
9 878
9 840
After tax
12 031
16 778
17 622
17 660
Living cost
21 399
21 399
21 399
21 399
Free-cash
-9 368
-4 621
-3 777
-3 739

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
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.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31041
-₽38603
-₽21750
-₽27280
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
27 500
chamber of commerce
-
-
-
109
income
-
-
-
-
pensions
-
-
-
5 088
unemployment
-
-
-
6 190
health
-
-
-
2 105
surtax
-
-
-
199
total
-
-
-
13 691
Employee
50 434
40 217
40 217
-
other
504
402
201
-
health
1 951
1 557
776
-
income
5 741
2 966
4 091
-
pensions
5 165
4 117
2 055
-
unemployment
1 513
1 207
601
-
total
14 874
10 249
7 724
-
Employer
50 434
40 217
40 217
-
accident
655
523
260
-
other
2 396
1 909
1 739
-
chamber of commerce
201
161
161
-
unemployment
1 513
1 207
601
-
surtax
199
199
199
-
pensions
6 329
5 048
2 516
-
payroll
1 513
1 207
1 207
-
health
1 906
1 521
758
-
total
14 712
11 775
7 441
-
Corporate
3 830
3 830
16 228
-
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.

958
958
4 056
-
total
958
958
4 056
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
27 500
27 500
27 500
27 500
Total tax
30 544
22 982
19 221
13 691
After tax
-3 044
4 518
8 279
13 809
Living cost
35 559
35 559
35 559
35 559
Free-cash
-38 603
-31 041
-27 280
-21 750

Estimated living cost  is ₽35559 per week

₽23716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21104
-₽65699
-₽18316
-₽24020
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
27 500
national
-
-
-
7 064
communal

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

-
-
-
1 630
social contributions
-
-
-
326
total
-
-
-
9 020
Employee

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

72 186
-
21 301
-
communal

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

3 765
-
1 111
-
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.

3 392
-
1 002
-
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.

5 414
-
1 597
-
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.

628
-
186
-
national
22 193
-
4 629
-
total
35 392
-
8 525
-
Employer

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

72 186
-
21 301
-
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.

938
-
276
-
unemployment

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

1 053
-
310
-
surtax
8 185
-
2 417
-
pensions

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

6 396
-
1 886
-
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.

4 439
-
1 310
-
total
21 011
-
6 199
-
Corporate
-
27 500
-
-
surtax
-
109
-
-
income
-
5 500
-
-
total
-
5 609
-
-
Dividends
-
21 891
-
-
withholding

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

-
6 199
-
-
total
-
6 199
-
-
Income
27 500
27 500
27 500
27 500
Total tax
56 403
11 808
14 724
9 020
After tax
-28 903
15 692
12 776
18 480
Living cost
36 796
36 796
36 796
36 796
Free-cash
-65 699
-21 104
-24 020
-18 316

Estimated living cost  is ₽36796 per week

₽23701
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.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17749
-₽38745
-₽20853
-₽24606
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
27 500
accident
-
-
-
247
income
-
-
-
3 658
pensions
-
-
-
7 783
other
-
-
-
27
unemployment
-
-
-
193
total
-
-
-
11 908
Employee
50 234
-
16 756
-
other
50
-
34
-
income
10 599
-
2 777
-
pensions
2 361
-
1 584
-
unemployment
779
-
523
-
total
13 789
-
4 918
-
Employer
50 234
-
16 756
-
accident
994
-
666
-
other
400
-
270
-
unemployment
2 763
-
1 854
-
pensions
11 854
-
7 953
-
total
16 011
-
10 743
-
Corporate
-
27 500
-
-
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.

-
4 125
-
-
total
-
4 125
-
-
Dividends
-
23 375
-
-
withholding
-
4 679
-
-
total
-
4 679
-
-
Income
27 500
27 500
27 500
27 500
Total tax
29 800
8 804
15 661
11 908
After tax
-2 300
18 696
11 839
15 592
Living cost
36 445
36 445
36 445
36 445
Free-cash
-38 745
-17 749
-24 606
-20 853

Estimated living cost  is ₽36445 per week

₽26838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽36026
-₽58054
-₽40163
-₽40166
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
27 500
accident
-
-
-
433
income
-
-
-
-
pensions
-
-
-
7 683
health
-
-
-
3 600
surtax
-
-
-
1 105
communal
-
-
-
-
total
-
-
-
12 821
Employee
76 423
-
21 760
-
health
3 401
-
2 137
-
surtax
4 684
-
1 105
-
income
7 382
-
-
-
pensions
6 113
-
3 842
-
total
21 580
-
7 084
-
Employer
76 423
-
21 760
-
accident
688
-
433
-
pensions
6 113
-
3 842
-
health
2 331
-
1 465
-
total
9 132
-
5 740
-
Corporate
-
27 500
-
-
surtax
-
289
-
-
communal
-
-
-
-
income
-
4 125
-
-
total
-
4 414
-
-
Dividends
-
23 086
-
-
income
-
808
-
-
withholding
-
3 462
-
-
total
-
4 270
-
-
Income
27 500
27 500
27 500
27 500
Total tax
30 712
8 684
12 824
12 821
After tax
-3 212
18 816
14 676
14 679
Living cost
54 842
54 842
54 842
54 842
Free-cash
-58 054
-36 026
-40 166
-40 163

Estimated living cost  is ₽54842 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5371
-₽13639
-₽6812
-₽7433
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
27 500
income
-
-
-
3 964
pensions
-
-
-
5 500
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
1 951
surtax
-
-
-
-
total
-
-
-
11 645
Employee
33 985
-
22 718
-
other
-
-
-
-
health
868
-
578
-
surtax
121
-
-
-
income
5 697
-
3 809
-
pensions
2 267
-
1 515
-
unemployment
2 365
-
1 582
-
total
11 318
-
7 484
-
Employer
33 985
-
22 718
-
other
-
-
-
-
unemployment
1 078
-
720
-
pensions
4 531
-
3 028
-
health
1 545
-
1 034
-
total
7 154
-
4 782
-
Corporate
-
27 500
-
-
income
-
7 151
-
-
total
-
7 151
-
-
Dividends
-
20 349
-
-
withholding
-
3 053
-
-
total
-
3 053
-
-
Income
27 500
27 500
27 500
27 500
Total tax
18 472
10 204
12 266
11 645
After tax
9 028
17 296
15 234
15 855
Living cost
22 667
22 667
22 667
22 667
Free-cash
-13 639
-5 371
-7 433
-6 812

Estimated living cost  is ₽22667 per week

₽13685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12730
-₽28482
-₽12588
-₽14392
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
27 500
municipal
-
-
-
157
regional
-
-
-
400
national
-
-
-
4 525
social contributions
-
-
-
7 821
total
-
-
-
12 903
Employee
55 980
-
27 500
-
social contributions
18 877
-
10 253
-
regional
754
-
350
-
municipal
297
-
138
-
national
8 869
-
3 966
-
total
28 797
-
14 707
-
Employer
55 980
-
27 500
-
total
-
-
-
-
Corporate
-
27 500
-
-
nationa
-
6 599
-
-
municipal
-
1 367
-
-
total
-
7 966
-
-
Dividends
-
19 533
-
-
withholding
-
5 079
-
-
total
-
5 079
-
-
Income
27 500
27 500
27 500
27 500
Total tax
28 797
13 045
14 707
12 903
After tax
-1 297
14 455
12 793
14 597
Living cost
27 185
27 185
27 185
27 185
Free-cash
-28 482
-12 730
-14 392
-12 588

Estimated living cost  is ₽27185 per week

₽16906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
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.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10849
-₽31191
-₽16389
-₽15829
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
27 500
income
-
-
-
2 364
health
-
-
-
3 712
solidarity contribution
-
-
-
-
social contributions
-
-
-
8 030
total
-
-
-
14 106
Employee
43 799
-
20 522
-
social contributions
2 847
-
1 334
-
health
5 913
-
2 771
-
solidarity contribution
-
-
-
-
income
5 256
-
2 463
-
total
14 016
-
6 568
-
Employer
43 799
-
20 522
-
social contributions
10 950
-
5 131
-
health
3 942
-
1 847
-
total
14 892
-
6 978
-
Corporate
-
27 500
-
-
income
-
5 225
-
-
total
-
5 225
-
-
Dividends
-
22 275
-
-
withholding
-
3 341
-
-
total
-
3 341
-
-
Income
27 500
27 500
27 500
27 500
Total tax
28 908
8 566
13 546
14 106
After tax
-1 408
18 934
13 954
13 394
Living cost
29 783
29 783
29 783
29 783
Free-cash
-31 191
-10 849
-15 829
-16 389

Estimated living cost  is ₽29783 per week

₽22149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27479
-₽30266
-₽18188
-₽23815
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
27 500
chamber of commerce
-
-
-
109
income
-
-
-
-
pensions
-
-
-
5 088
unemployment
-
-
-
6 190
health
-
-
-
2 105
surtax
-
-
-
-
total
-
-
-
13 492
Employee
44 114
40 217
40 217
-
other
440
402
203
-
health
1 706
1 557
783
-
income
3 930
2 966
4 079
-
pensions
4 518
4 117
2 070
-
unemployment
1 323
1 207
607
-
total
11 917
10 249
7 742
-
Employer
44 114
40 217
40 217
-
accident
573
523
262
-
other
2 095
1 909
1 741
-
chamber of commerce
176
161
161
-
unemployment
1 323
1 207
607
-
surtax
-
-
-
-
pensions
5 537
5 048
2 537
-
payroll
1 323
1 207
1 207
-
health
1 668
1 521
764
-
total
12 695
11 576
7 279
-
Corporate
3 830
3 830
16 391
-
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.

958
958
4 098
-
total
958
958
4 098
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
27 500
27 500
27 500
27 500
Total tax
25 570
22 783
19 119
13 492
After tax
1 930
4 717
8 381
14 008
Living cost
32 196
32 196
32 196
32 196
Free-cash
-30 266
-27 479
-23 815
-18 188

Estimated living cost  is ₽32196 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11976
₽9324
₽13076
₽7851
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
27 500
microenterprise

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

-
-
-
275
total
-
-
-
275
Employee
17 686
-
27 500
-
income
3 537
-
5 500
-
total
3 537
-
5 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

9 814
27 500
-
-
total
-
-
-
-
Dividends
9 814
27 500
-
-
withholding
490
1 375
-
-
total
490
1 375
-
-
Income
27 500
27 500
27 500
27 500
Total tax
4 027
1 375
5 500
275
After tax
23 473
26 125
22 000
27 225
Living cost
14 149
14 149
14 149
14 149
Free-cash
9 324
11 976
7 851
13 076

Estimated living cost  is ₽14149 per week

₽9574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8134
-₽24074
-₽10975
-₽11845
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
27 500
income
-
-
-
3 638
pensions
-
-
-
5 021
unemployment
-
-
-
42
health
-
-
-
2 706
total
-
-
-
11 407
Employee

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

44 626
-
23 796
-
health
2 882
-
1 536
-
income
7 696
-
3 316
-
pensions
6 917
-
3 688
-
unemployment
63
-
33
-
total
17 558
-
8 573
-
Employer

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

44 626
-
23 796
-
unemployment
27
-
13
-
pensions
3 949
-
2 107
-
health
2 972
-
1 584
-
total
6 948
-
3 704
-
Corporate
-
27 500
-
-
income
-
5 224
-
-
total
-
5 224
-
-
Dividends
-
22 276
-
-
withholding
-
3 342
-
-
total
-
3 342
-
-
Income
27 500
27 500
27 500
27 500
Total tax
24 506
8 566
12 277
11 407
After tax
2 994
18 934
15 223
16 093
Living cost
27 068
27 068
27 068
27 068
Free-cash
-24 074
-8 134
-11 845
-10 975

Estimated living cost  is ₽27068 per week

₽18576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26849
-₽123094
-₽24575
-₽30621
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
27 500
income
-
-
-
5 360
social contributions
-
-
-
3 135
total
-
-
-
8 495
Employee
62 487
-
6 430
-
social contributions
5 124
-
730
-
income
13 783
-
1 254
-
total
18 907
-
1 984
-
Employer
62 487
-
6 430
-
social contributions
88 107
-
12 557
-
total
88 107
-
12 557
-
Corporate
-
27 500
-
-
income
-
6 050
-
-
total
-
6 050
-
-
Dividends
-
21 450
-
-
income
-
4 719
-
-
total
-
4 719
-
-
Income
27 500
27 500
27 500
27 500
Total tax
107 014
10 769
14 541
8 495
After tax
-79 514
16 731
12 959
19 005
Living cost
43 580
43 580
43 580
43 580
Free-cash
-123 094
-26 849
-30 621
-24 575

Estimated living cost  is ₽43580 per week

₽28276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16012
-₽29937
-₽15315
-₽15270
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
27 500
income
-
-
-
1 605
surtax
-
-
-
-
social contributions

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

-
-
-
9 556
total
-
-
-
11 161
Employee
46 414
-
22 222
-
social contributions
5 106
-
2 444
-
surtax
-
-
-
-
income
9 654
-
3 394
-
total
14 760
-
5 838
-
Employer
46 414
-
22 222
-
social contributions
11 023
-
5 278
-
total
11 023
-
5 278
-
Corporate
-
27 500
-
-
surtax
-
-
-
-
income
-
5 776
-
-
total
-
5 776
-
-
Dividends
-
21 724
-
-
withholding
-
6 082
-
-
total
-
6 082
-
-
Income
27 500
27 500
27 500
27 500
Total tax
25 783
11 858
11 116
11 161
After tax
1 717
15 642
16 384
16 339
Living cost
31 654
31 654
31 654
31 654
Free-cash
-29 937
-16 012
-15 270
-15 315

Estimated living cost  is ₽31654 per week

₽23684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
-₽34882
-₽55446
-₽31897
-₽30752
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
27 500
income
-
-
-
-
pensions
-
-
-
8 748
other
-
-
-
852
health
-
-
-
270
surtax
-
-
-
-
social contributions
-
-
-
785
total
-
-
-
10 655
Employee
63 206
-
20 952
-
social contributions
1 800
-
598
-
surtax
-
-
-
-
income
5 515
-
-
-
pensions
7 149
-
2 371
-
total
14 464
-
2 969
-
Employer
63 206
-
20 952
-
other
2 181
-
722
-
social contributions
190
-
63
-
unemployment
2 560
-
848
-
pensions
10 386
-
3 441
-
health
4 424
-
1 467
-
total
19 741
-
6 541
-
Corporate
-
27 500
-
-
surtax
-
-
-
-
income
-
7 701
-
-
total
-
7 701
-
-
Dividends
-
19 799
-
-
surtax
-
-
-
-
social contributions
-
3 405
-
-
withholding
-
2 534
-
-
total
-
5 939
-
-
Income
27 500
27 500
27 500
27 500
Total tax
34 205
13 640
9 510
10 655
After tax
-6 705
13 860
17 990
16 845
Living cost
48 742
48 742
48 742
48 742
Free-cash
-55 446
-34 882
-30 752
-31 897

Estimated living cost  is ₽48742 per week

₽32987
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5585
-₽9973
-₽8885
-₽8072
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
27 500
income
-
-
-
-
social contributions
-
-
-
6 050
total
-
-
-
6 050
Employee
32 444
-
23 810
-
income
-
-
-
-
social contributions
2 109
-
1 547
-
total
2 109
-
1 547
-
Employer
32 444
-
23 810
-
social contributions
5 029
-
3 690
-
total
5 029
-
3 690
-
Corporate
-
27 500
-
-
income
-
2 750
-
-
total
-
2 750
-
-
Dividends
-
24 750
-
-
total
-
-
-
-
Income
27 500
27 500
27 500
27 500
Total tax
7 138
2 750
5 237
6 050
After tax
20 362
24 750
22 263
21 450
Living cost
30 335
30 335
30 335
30 335
Free-cash
-9 973
-5 585
-8 072
-8 885

Estimated living cost  is ₽30335 per week

₽19614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽192471
-₽192471
-₽28810
-₽192471
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
27 500
municipal
-
-
-
2 885
pensions
-
-
-
875
national
-
-
-
1 797
labour market
-
-
-
2 130
total
-
-
-
7 687
Employee
205 225
205 225
205 225
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 701
43 701
43 701
-
pensions
292
292
292
-
total
85 460
85 460
85 460
-
Employer
205 225
205 225
205 225
-
labour market
16 418
16 418
16 418
-
municipal
43 771
43 771
43 771
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 888
85 888
85 888
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
27 500
27 500
27 500
27 500
Total tax
171 348
171 348
171 348
7 687
After tax
-143 848
-143 848
-143 848
19 813
Living cost
48 623
48 623
48 623
48 623
Free-cash
-192 471
-192 471
-192 471
-28 810

Estimated living cost  is ₽48623 per week

₽33278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
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.
₽10296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19515
-₽13674
-₽4871
-₽7220
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
27 500
accident
-
-
-
253
income
-
-
-
3 641
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
10 628
Employee
34 203
-
22 844
-
health
3 917
-
2 616
-
income
4 692
-
3 134
-
pensions
3 852
-
2 572
-
total
12 461
-
8 322
-
Employer
34 203
-
22 844
-
accident
571
-
381
-
unemployment
838
-
560
-
pensions
5 561
-
3 714
-
total
6 970
-
4 655
-
Corporate
-
27 500
-
-
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.

-
24 750
-
-
total
-
24 750
-
-
Dividends
-
2 750
-
-
withholding
-
522
-
-
total
-
522
-
-
Income
27 500
27 500
27 500
27 500
Total tax
19 431
25 272
12 977
10 628
After tax
8 069
2 228
14 523
16 872
Living cost
21 743
21 743
21 743
21 743
Free-cash
-13 674
-19 515
-7 220
-4 871

Estimated living cost  is ₽21743 per week

₽15827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19715
-₽35613
-₽16197
-₽21340
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
27 500
municipal
-
-
-
4 950
health
-
-
-
2
national
-
-
-
-
total
-
-
-
4 952
Employee
53 094
-
23 134
-
health
396
-
-
-
municipal
8 696
-
3 821
-
pensions
3 583
-
1 561
-
unemployment
797
-
347
-
national
877
-
-
-
total
14 349
-
5 729
-
Employer
53 094
-
23 134
-
accident
54
-
23
-
unemployment
345
-
151
-
pensions
9 212
-
4 014
-
health
408
-
178
-
total
10 019
-
4 366
-
Corporate
-
27 500
-
-
income
-
5 500
-
-
total
-
5 500
-
-
Dividends

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

-
16 500
-
-
national
-
-
-
-
municipal
-
2 970
-
-
total
-
2 970
-
-
Income
27 500
27 500
27 500
27 500
Total tax
24 368
8 470
10 095
4 952
After tax
3 132
19 030
17 405
22 548
Living cost
38 745
38 745
38 745
38 745
Free-cash
-35 613
-19 715
-21 340
-16 197

Estimated living cost  is ₽38745 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18683
-₽11436
-₽2829
-₽9863
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 364
income
-
-
-
-
health
-
-
-
979
social contributions
-
-
-
5 985
total
-
-
-
6 964
Employee
77 600
77 600
77 600
-
social contributions
2 934
6 440
2 172
-
health
601
1 319
444
-
income
8 449
7 183
8 725
-
total
11 984
14 942
11 341
-
Employer
77 600
77 600
77 600
-
social contributions
2 934
6 440
2 172
-
health
653
1 436
485
-
total
3 587
7 876
2 657
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
27 500
27 500
27 500
27 500
Total tax
15 571
22 818
13 998
6 964
After tax
11 929
4 682
13 502
20 536
Living cost
23 365
23 365
23 365
23 365
Free-cash
-11 436
-18 683
-9 863
-2 829

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6751
₽1615
-₽190
₽1198
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 500
income
-
-
-
1 567
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
11 667
Employee

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

23 164
-
24 932
-
health
1 969
-
2 120
-
income
1 584
-
1 728
-
pensions
3 474
-
3 740
-
unemployment
115
-
124
-
total
7 142
-
7 712
-
Employer

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

23 164
-
24 932
-
unemployment
115
-
124
-
pensions
1 274
-
1 371
-
health
996
-
1 072
-
total
2 385
-
2 567
-
Corporate
1 952
27 500
-
-
income
176
2 474
-
-
total
176
2 474
-
-
Dividends
1 776
25 026
-
-
withholding
159
2 252
-
-
total
159
2 252
-
-
Income
27 500
27 500
27 500
27 500
Total tax
9 862
4 726
10 279
11 667
After tax
17 638
22 774
17 221
15 833
Living cost
16 023
16 023
16 023
16 023
Free-cash
1 615
6 751
1 198
-190

Estimated living cost  is ₽16023 per week

₽10223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
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.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9055
-₽21710
-₽12159
-₽15912
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
27 500
accident
-
-
-
247
income
-
-
-
3 658
pensions
-
-
-
7 783
other
-
-
-
27
unemployment
-
-
-
193
total
-
-
-
11 908
Employee
37 315
-
16 756
-
other
36
-
34
-
income
7 194
-
2 777
-
pensions
1 754
-
1 584
-
unemployment
578
-
523
-
total
9 562
-
4 918
-
Employer
37 315
-
16 756
-
accident
739
-
666
-
other
299
-
270
-
unemployment
2 053
-
1 854
-
pensions
8 806
-
7 953
-
total
11 897
-
10 743
-
Corporate
-
27 500
-
-
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.

-
4 125
-
-
total
-
4 125
-
-
Dividends
-
23 375
-
-
withholding
-
4 679
-
-
total
-
4 679
-
-
Income
27 500
27 500
27 500
27 500
Total tax
21 459
8 804
15 661
11 908
After tax
6 041
18 696
11 839
15 592
Living cost
27 751
27 751
27 751
27 751
Free-cash
-21 710
-9 055
-15 912
-12 159

Estimated living cost  is ₽27751 per week

₽18731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14404
₽13950
₽13501
₽13303
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
27 500
income
-
-
-
7 776
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
11 243
Employee
4 198
-
25 238
-
health
210
-
503
-
income
812
-
7 670
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
9 179
-
Employer
4 198
-
25 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
22 358
27 500
-
-
income
4 919
6 050
-
-
total
4 919
6 050
-
-
Dividends
17 439
21 450
-
-
withholding
3 488
4 290
-
-
total
3 488
4 290
-
-
Income
27 500
27 500
27 500
27 500
Total tax
10 794
10 340
11 441
11 243
After tax
16 706
17 160
16 059
16 257
Living cost
2 756
2 756
2 756
2 756
Free-cash
13 950
14 404
13 303
13 501

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2416
-₽3528
-₽2981
-₽1797
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
27 500
income
-
-
-
2 634
pensions
-
-
-
7 150
unemployment
-
-
-
412
health
-
-
-
2 832
total
-
-
-
13 028
Employee

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

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

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

26 319
-
23 325
-
health
1 355
-
1 201
-
income
3 628
-
3 028
-
pensions
3 685
-
3 265
-
unemployment
197
-
175
-
total
8 865
-
7 669
-
Employer

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

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

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

26 319
-
23 325
-
unemployment
197
-
175
-
pensions
3 158
-
2 799
-
health
1 355
-
1 201
-
total
4 710
-
4 175
-
Corporate
-
27 500
-
-
income
-
4 125
-
-
total
-
4 125
-
-
Dividends
-
23 375
-
-
withholding
-
3 506
-
-
total
-
3 506
-
-
Income
27 500
27 500
27 500
27 500
Total tax
13 575
7 631
11 844
13 028
After tax
13 925
19 869
15 656
14 472
Living cost
17 453
17 453
17 453
17 453
Free-cash
-3 528
2 416
-1 797
-2 981

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11564
-₽20970
-₽10867
-₽10822
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
27 500
income
-
-
-
1 605
surtax
-
-
-
-
social contributions

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

-
-
-
9 556
total
-
-
-
11 161
Employee
39 168
-
22 222
-
social contributions
4 309
-
2 444
-
surtax
-
-
-
-
income
7 653
-
3 394
-
total
11 962
-
5 838
-
Employer
39 168
-
22 222
-
social contributions
9 302
-
5 278
-
total
9 302
-
5 278
-
Corporate
-
27 500
-
-
surtax
-
-
-
-
income
-
5 776
-
-
total
-
5 776
-
-
Dividends
-
21 724
-
-
withholding
-
6 082
-
-
total
-
6 082
-
-
Income
27 500
27 500
27 500
27 500
Total tax
21 264
11 858
11 116
11 161
After tax
6 236
15 642
16 384
16 339
Living cost
27 206
27 206
27 206
27 206
Free-cash
-20 970
-11 564
-10 822
-10 867

Estimated living cost  is ₽27206 per week

₽19270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16771
-₽36779
-₽19875
-₽23628
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
27 500
accident
-
-
-
247
income
-
-
-
3 658
pensions
-
-
-
7 783
other
-
-
-
27
unemployment
-
-
-
193
total
-
-
-
11 908
Employee
48 738
-
16 756
-
other
48
-
34
-
income
10 180
-
2 777
-
pensions
2 290
-
1 584
-
unemployment
755
-
523
-
total
13 273
-
4 918
-
Employer
48 738
-
16 756
-
accident
965
-
666
-
other
391
-
270
-
unemployment
2 681
-
1 854
-
pensions
11 502
-
7 953
-
total
15 539
-
10 743
-
Corporate
-
27 500
-
-
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.

-
4 125
-
-
total
-
4 125
-
-
Dividends
-
23 375
-
-
withholding
-
4 679
-
-
total
-
4 679
-
-
Income
27 500
27 500
27 500
27 500
Total tax
28 812
8 804
15 661
11 908
After tax
-1 312
18 696
11 839
15 592
Living cost
35 467
35 467
35 467
35 467
Free-cash
-36 779
-16 771
-23 628
-19 875

Estimated living cost  is ₽35467 per week

₽25471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6143
-₽14
-₽1337
-₽8
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
27 500
income
-
-
-
4 125
pensions

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

-
-
-
4 070
unemployment
-
-
-
110
health
-
-
-
3 162
total
-
-
-
11 467
Employee
23 001
-
22 989
-
health
1 058
-
1 057
-
accident

We are using the highest rate at 1.1%.

253
-
253
-
income
2 300
-
2 299
-
pensions

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

2 019
-
2 018
-
total
5 630
-
5 627
-
Employer
23 001
-
22 989
-
accident

We are using the highest rate at 1.1%.

253
-
253
-
unemployment
138
-
138
-
pensions

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

2 535
-
2 534
-
health
1 587
-
1 586
-
total
4 513
-
4 511
-
Corporate
-
27 500
-
-
income
-
2 750
-
-
total
-
2 750
-
-
Dividends
-
24 750
-
-
withholding
-
1 237
-
-
total
-
1 237
-
-
Income
27 500
27 500
27 500
27 500
Total tax
10 143
3 987
10 138
11 467
After tax
17 357
23 513
17 362
16 033
Living cost
17 370
17 370
17 370
17 370
Free-cash
-14
6 143
-8
-1 337

Estimated living cost  is ₽17370 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24559
-₽22712
-₽18857
-₽18857
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
27 500
trade
-
-
-
-
income

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

-
-
-
475
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.

-
-
-
6 894
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.

-
-
-
27
total
-
-
-
7 396
Employee

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

50 212
-
27 500
-
health

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

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

6 894
-
6 894
-
surtax

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

228
-
27
-
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.

4 129
-
475
-
total
11 251
-
7 396
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
27 500
-
-
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.

-
226
-
-
income
-
4 125
-
-
trade
-
3 947
-
-
chamber of commerce
-
193
-
-
total
-
8 491
-
-
Dividends
-
19 009
-
-
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.

-
239
-
-
withholding
-
4 368
-
-
total
-
4 607
-
-
Income
27 500
27 500
27 500
27 500
Total tax
11 251
13 098
7 396
7 396
After tax
16 249
14 402
20 104
20 104
Living cost
38 961
38 961
38 961
38 961
Free-cash
-22 712
-24 559
-18 857
-18 857

Estimated living cost  is ₽38961 per week

₽26876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
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.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽38238
-₽51441
-₽33108
-₽33108
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
27 500
income
-
-
-
2 340
social contributions
-
-
-
781
total
-
-
-
3 121
Employee
78 939
-
27 500
-
income
14 896
-
2 340
-
social contributions
6 558
-
781
-
total
21 454
-
3 121
-
Employer
78 939
-
27 500
-
total
-
-
-
-
Corporate
-
27 500
-
-
income
-
3 438
-
-
total
-
3 438
-
-
Dividends
-
24 062
-
-
withholding
-
4 813
-
-
total
-
4 813
-
-
Income
27 500
27 500
27 500
27 500
Total tax
21 454
8 251
3 121
3 121
After tax
6 046
19 249
24 379
24 379
Living cost
57 487
57 487
57 487
57 487
Free-cash
-51 441
-38 238
-33 108
-33 108

Estimated living cost  is ₽57487 per week

₽43735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21770
-₽26444
-₽44600
-₽14903
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
27 500
income
-
-
-
28 726
health

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

-
-
-
6 741
total
-
-
-
35 467
Employee
46 295
-
24 995
-
income
5 023
-
760
-
social contributions
4 638
-
2 505
-
total
9 661
-
3 265
-
Employer
46 295
-
24 995
-
social contributions
4 638
-
2 505
-
total
4 638
-
2 505
-
Corporate
-
27 500
-
-
income
-
9 625
-
-
total
-
9 625
-
-
Dividends
-
17 875
-
-
social contributions
3 012
3 012
-
-
total
3 012
3 012
-
-
Income
27 500
27 500
27 500
27 500
Total tax
17 311
12 637
5 770
35 467
After tax
10 189
14 863
21 730
-7 967
Living cost
36 633
36 633
36 633
36 633
Free-cash
-26 444
-21 770
-14 903
-44 600

Estimated living cost  is ₽36633 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17010
-₽30331
-₽16244
-₽18026
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
27 500
income
-
-
-
5 344
pensions
-
-
-
785
total
-
-
-
6 129
Employee
51 632
-
25 417
-
health
674
-
136
-
income
9 403
-
4 898
-
pensions
3 941
-
796
-
total
14 018
-
5 830
-
Employer
51 632
-
25 417
-
pensions
5 217
-
1 597
-
health
981
-
484
-
total
6 198
-
2 081
-
Corporate
-
27 500
-
-
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.

-
5 225
-
-
total
-
5 225
-
-
Dividends
-
22 275
-
-
withholding
-
1 670
-
-
total
-
1 670
-
-
Income
27 500
27 500
27 500
27 500
Total tax
20 216
6 895
7 911
6 129
After tax
7 284
20 605
19 589
21 371
Living cost
37 615
37 615
37 615
37 615
Free-cash
-30 331
-17 010
-18 026
-16 244

Estimated living cost  is ₽37615 per week

₽25804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 Edinburgh model

Close
Warsaw , Poland
-₽21668
-₽17751
-₽7024
-₽9373
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
27 500
accident
-
-
-
253
income
-
-
-
3 641
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
10 628
Employee
37 589
-
22 844
-
health
4 304
-
2 616
-
income
5 157
-
3 134
-
pensions
4 233
-
2 572
-
total
13 694
-
8 322
-
Employer
37 589
-
22 844
-
accident
628
-
381
-
unemployment
921
-
560
-
pensions
6 112
-
3 714
-
total
7 661
-
4 655
-
Corporate
-
27 500
-
-
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.

-
24 750
-
-
total
-
24 750
-
-
Dividends
-
2 750
-
-
withholding
-
522
-
-
total
-
522
-
-
Income
27 500
27 500
27 500
27 500
Total tax
21 355
25 272
12 977
10 628
After tax
6 145
2 228
14 523
16 872
Living cost
23 896
23 896
23 896
23 896
Free-cash
-17 751
-21 668
-9 373
-7 024

Estimated living cost  is ₽23896 per week

₽17537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
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.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9744
₽4837
₽3556
₽3556
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
27 500
work injury
-
-
-
138
health insurance
-
-
-
2 035
income
-
-
-
2 750
pensions
-
-
-
5 060
unemployment
-
-
-
330
total
-
-
-
10 313
Employee

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

21 810
-
27 500
-
work injury
109
-
138
-
income
2 181
-
2 750
-
pensions
4 013
-
5 060
-
health insurance
1 614
-
2 035
-
unemployment
262
-
330
-
total
8 179
-
10 313
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
5 690
27 500
-
-
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
5 690
27 500
-
-
withholding
853
4 125
-
-
total
853
4 125
-
-
Income
27 500
27 500
27 500
27 500
Total tax
9 032
4 125
10 313
10 313
After tax
18 468
23 375
17 187
17 187
Living cost
13 631
13 631
13 631
13 631
Free-cash
4 837
9 744
3 556
3 556

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽25717
-₽57540
-₽25566
-₽27376
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
27 500
municipal
-
-
-
176
regional
-
-
-
341
national
-
-
-
4 525
social contributions
-
-
-
7 821
total
-
-
-
12 863
Employee
85 039
-
27 500
-
social contributions
28 675
-
10 253
-
regional
1 284
-
299
-
municipal
507
-
155
-
national
14 371
-
3 966
-
total
44 837
-
14 673
-
Employer
85 039
-
27 500
-
total
-
-
-
-
Corporate
-
27 500
-
-
nationa
-
6 599
-
-
municipal
-
1 325
-
-
total
-
7 924
-
-
Dividends
-
19 575
-
-
withholding
-
5 090
-
-
total
-
5 090
-
-
Income
27 500
27 500
27 500
27 500
Total tax
44 837
13 014
14 673
12 863
After tax
-17 337
14 486
12 827
14 637
Living cost
40 203
40 203
40 203
40 203
Free-cash
-57 540
-25 717
-27 376
-25 566

Estimated living cost  is ₽40203 per week

₽28240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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