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
₽ 29000
per

Your estimated
City
free-cash

Dresden , Germany
-₽6970
-₽13555
-₽6970
-₽6870
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
29 000
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.

-
-
-
6 407
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.

-
-
-
1 096
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.

-
-
-
61
trade
-
-
-
-
total
-
-
-
7 564
Employee

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

35 870
-
29 000
-
surtax

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

55
-
61
-
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.

1 002
-
1 096
-
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.

6 407
-
6 407
-
total
7 464
-
7 564
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
29 000
-
-
chamber of commerce
-
183
-
-
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.

-
238
-
-
trade
-
4 567
-
-
income
-
4 350
-
-
total
-
9 338
-
-
Dividends
-
19 662
-
-
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.

-
251
-
-
withholding
-
4 560
-
-
total
-
4 811
-
-
Income
29 000
29 000
29 000
29 000
Total tax
7 464
14 149
7 564
7 564
After tax
21 536
14 851
21 436
21 436
Living cost
28 406
28 406
28 406
28 406
Free-cash
-6 870
-13 555
-6 970
-6 970

Estimated living cost  is ₽28406 per week

₽17868
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3312
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29350
-₽31156
-₽29577
-₽54278
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 000
social contributions
-
-
-
312
pensions
-
-
-
3 480
national
-
-
-
3 363
municipal
-
-
-
2 170
total
-
-
-
9 325
Employee
76 350
-
25 070
-
municipal
9 430
-
2 282
-
national
14 613
-
3 537
-
pensions
3 054
-
1 003
-
total
27 097
-
6 822
-
Employer
76 350
-
25 070
-
pensions
6 108
-
2 006
-
social contributions
821
-
270
-
total
6 929
-
2 276
-
Corporate
-
29 000
-
-
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%.

-
5 800
-
-
total
-
5 800
-
-
Dividends
-
23 200
-
-
withholding
-
5 104
-
-
total
-
5 104
-
-
Income
29 000
29 000
29 000
29 000
Total tax
34 026
10 904
9 098
9 325
After tax
-5 026
18 096
19 902
19 675
Living cost
49 252
49 252
49 252
49 252
Free-cash
-54 278
-31 156
-29 350
-29 577

Estimated living cost  is ₽49252 per week

₽33476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4578
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽737
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10460
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2871
₽3689
₽2186
-₽5005
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
29 000
social contributions

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

-
-
-
2 953
income
-
-
-
-
surtax
-
-
-
-
microenterprise
-
-
-
4 350
total
-
-
-
7 303
Employee
27 404
-
23 371
-
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.

3 015
-
2 572
-
income
4 878
-
4 159
-
total
7 893
-
6 731
-
Employer
27 404
-
23 371
-
surtax
-
-
-
-
social contributions

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

6 601
-
5 629
-
total
6 601
-
5 629
-
Corporate
-
29 000
-
-
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%.

-
5 800
-
-
total
-
5 800
-
-
Dividends

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

-
23 200
-
-
total
-
-
-
-
Income
29 000
29 000
29 000
29 000
Total tax
14 494
5 800
12 360
7 303
After tax
14 506
23 200
16 640
21 697
Living cost
19 511
19 511
19 511
19 511
Free-cash
-5 005
3 689
-2 871
2 186

Estimated living cost  is ₽19511 per week

₽12447
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1858
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4762
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽64127
-₽58864
-₽22569
-₽64127
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 000
health
-
-
-
4 451
income
-
-
-
2 611
pensions
-
-
-
5 220
total
-
-
-
12 282
Employee
80 086
80 086
80 086
-
income

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

13 109
13 109
13 109
-
pensions
14 415
10 988
14 415
-
health
12 292
10 456
12 292
-
total
39 816
34 553
39 816
-
Employer
80 086
80 086
80 086
-
unemployment
2 883
2 883
2 883
-
health
5 567
5 567
5 567
-
pensions
5 574
5 574
5 574
-
total
14 024
14 024
14 024
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
29 000
29 000
29 000
29 000
Total tax
53 840
48 577
53 840
12 282
After tax
-24 840
-19 577
-24 840
16 718
Living cost
39 287
39 287
39 287
39 287
Free-cash
-64 127
-58 864
-64 127
-22 569

Estimated living cost  is ₽39287 per week

₽27841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3542
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7279
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23293
-₽22945
-₽24323
-₽43619
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 000
other
-
-
-
3 370
health
-
-
-
1 810
accident
-
-
-
58
pensions
-
-
-
3 135
national
-
-
-
-
unemployment
-
-
-
29
municipal
-
-
-
6 142
total
-
-
-
14 544
Employee
55 257
-
22 067
-
municipal
16 478
-
6 580
-
national
-
-
-
-
total
16 478
-
6 580
-
Employer
55 257
-
22 067
-
other
6 421
-
2 564
-
unemployment
1 459
-
583
-
health
3 398
-
1 357
-
accident
111
-
44
-
pensions
5 973
-
2 386
-
total
17 362
-
6 934
-
Corporate
-
29 000
-
-
income
-
6 380
-
-
total
-
6 380
-
-
Dividends
-
22 620
-
-
withholding
-
6 786
-
-
total
-
6 786
-
-
Income
29 000
29 000
29 000
29 000
Total tax
33 840
13 166
13 514
14 544
After tax
-4 840
15 834
15 486
14 456
Living cost
38 779
38 779
38 779
38 779
Free-cash
-43 619
-22 945
-23 293
-24 323

Estimated living cost  is ₽38779 per week

₽25701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3805
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8684
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15405
-₽22138
-₽15405
-₽18558
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
29 000
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.

-
-
-
6 407
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.

-
-
-
1 096
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.

-
-
-
61
trade
-
-
-
-
total
-
-
-
7 564
Employee

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

47 559
-
29 000
-
surtax

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

224
-
61
-
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.

4 086
-
1 096
-
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.

6 407
-
6 407
-
total
10 717
-
7 564
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
29 000
-
-
chamber of commerce
-
183
-
-
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.

-
238
-
-
trade
-
4 771
-
-
income
-
4 350
-
-
total
-
9 542
-
-
Dividends
-
19 457
-
-
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.

-
247
-
-
withholding
-
4 508
-
-
total
-
4 755
-
-
Income
29 000
29 000
29 000
29 000
Total tax
10 717
14 297
7 564
7 564
After tax
18 283
14 703
21 436
21 436
Living cost
36 841
36 841
36 841
36 841
Free-cash
-18 558
-22 138
-15 405
-15 405

Estimated living cost  is ₽36841 per week

₽24640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3885
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.
₽7767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14771
-₽22625
-₽7889
-₽17497
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 652
social contributions
-
-
-
5 562
health
-
-
-
909
income
-
-
-
-
total
-
-
-
6 471
Employee
72 114
72 114
72 114
-
social contributions
3 504
5 985
2 185
-
income
7 573
6 676
8 048
-
health
717
1 226
447
-
total
11 794
13 887
10 680
-
Employer
72 114
72 114
72 114
-
health
781
1 335
488
-
social contributions
3 504
5 985
2 185
-
total
4 285
7 320
2 673
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
29 000
29 000
29 000
29 000
Total tax
16 079
21 207
13 353
6 471
After tax
12 921
7 793
15 647
22 529
Living cost
30 418
30 418
30 418
30 418
Free-cash
-17 497
-22 625
-14 771
-7 889

Estimated living cost  is ₽30418 per week

₽20794
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2376
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽647
-₽873
₽2632
-₽1115
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 000
health
-
-
-
2 030
income
-
-
-
3 545
pensions
-
-
-
2 900
unemployment
-
-
-
435
total
-
-
-
8 910
Employee

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

The minimum wage is 138,000 HUF per month.

25 201
10 030
24 268
-
income
3 081
1 226
2 967
-
pensions
2 520
1 003
2 427
-
health
1 764
702
1 699
-
unemployment
378
150
364
-
total
7 743
3 081
7 457
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 201
10 030
24 268
-
pensions
4 914
1 956
4 732
-
total
4 914
1 956
4 732
-
Corporate
-
17 015
-
-
income
-
1 531
-
-
total
-
1 531
-
-
Dividends
-
15 483
-
-
social contributions
-
2 905
-
-
withholding
-
2 942
-
-
total
-
5 847
-
-
Income
29 000
29 000
29 000
29 000
Total tax
12 657
12 415
12 189
8 910
After tax
16 343
16 585
16 811
20 090
Living cost
17 458
17 458
17 458
17 458
Free-cash
-1 115
-873
-647
2 632

Estimated living cost  is ₽17458 per week

₽11913
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1428
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3801
₽548
-₽4972
-₽6597
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 000
health
-
-
-
3 769
income
-
-
-
1 751
pensions
-
-
-
5 800
total
-
-
-
11 320
Employee
26 604
-
21 675
-
income
2 995
-
2 043
-
pensions
532
-
434
-
unemployment
425
-
347
-
total
3 952
-
2 824
-
Employer
26 604
-
21 675
-
unemployment
214
-
173
-
health
3 458
-
2 817
-
pensions
5 321
-
4 335
-
total
8 993
-
7 325
-
Corporate
-
29 000
-
-
income
-
5 800
-
-
total
-
5 800
-
-
Dividends
-
23 200
-
-
total
-
-
-
-
Income
29 000
29 000
29 000
29 000
Total tax
12 945
5 800
10 149
11 320
After tax
16 055
23 200
18 851
17 680
Living cost
22 652
22 652
22 652
22 652
Free-cash
-6 597
548
-3 801
-4 972

Estimated living cost  is ₽22652 per week

₽15537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1349
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5311
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5462
-₽18428
-₽2335
-₽10345
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 000
other
-
-
-
350
health
-
-
-
2 060
accident
-
-
-
238
income
-
-
-
3 980
pensions
-
-
-
3 930
total
-
-
-
10 558
Employee
32 683
-
24 090
-
income
4 484
-
3 305
-
pensions
3 680
-
2 713
-
health
3 742
-
2 758
-
total
11 906
-
8 776
-
Employer
32 683
-
24 090
-
unemployment
801
-
590
-
accident
546
-
402
-
pensions
5 315
-
3 917
-
total
6 662
-
4 909
-
Corporate
-
29 000
-
-
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.

-
26 100
-
-
total
-
26 100
-
-
Dividends
-
2 900
-
-
withholding
-
551
-
-
total
-
551
-
-
Income
29 000
29 000
29 000
29 000
Total tax
18 568
26 651
13 685
10 558
After tax
10 432
2 349
15 315
18 442
Living cost
20 777
20 777
20 777
20 777
Free-cash
-10 345
-18 428
-5 462
-2 335

Estimated living cost  is ₽20777 per week

₽15228
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3965
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15384
₽19734
₽20894
₽18268
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
29 000
microenterprise

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

-
-
-
290
total
-
-
-
290
Employee
9 769
-
29 000
-
income
1 954
-
5 800
-
total
1 954
-
5 800
-
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%.

19 231
29 000
-
-
total
-
-
-
-
Dividends
19 231
29 000
-
-
withholding
962
1 450
-
-
total
962
1 450
-
-
Income
29 000
29 000
29 000
29 000
Total tax
2 916
1 450
5 800
290
After tax
26 084
27 550
23 200
28 710
Living cost
7 816
7 816
7 816
7 816
Free-cash
18 268
19 734
15 384
20 894

Estimated living cost  is ₽7816 per week

₽4844
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽215
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2108
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7989
-₽3682
-₽9286
-₽13632
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 000
other
-
-
-
1 377
health
-
-
-
1 276
income
-
-
-
3 684
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.

-
-
-
6 960
total
-
-
-
13 297
Employee
34 051
-
23 164
-
income
5 862
-
3 988
-
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.

2 383
-
1 621
-
health
477
-
324
-
unemployment
340
-
231
-
total
9 062
-
6 164
-
Employer
34 051
-
23 164
-
other
1 703
-
1 159
-
unemployment
340
-
231
-
health
477
-
324
-
accident
272
-
185
-
pensions

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

5 789
-
3 937
-
total
8 581
-
5 836
-
Corporate
-
29 000
-
-
income
-
6 090
-
-
total
-
6 090
-
-
Dividends
-
22 910
-
-
withholding
-
1 603
-
-
total
-
1 603
-
-
Income
29 000
29 000
29 000
29 000
Total tax
17 643
7 693
12 000
13 297
After tax
11 357
21 307
17 000
15 703
Living cost
24 989
24 989
24 989
24 989
Free-cash
-13 632
-3 682
-7 989
-9 286

Estimated living cost  is ₽24989 per week

₽17656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1687
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽41743
-₽40223
-₽39601
-₽70664
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 000
income
-
-
-
5 588
pensions
-
-
-
1 063
total
-
-
-
6 651
Employee
87 650
-
26 572
-
income
15 800
-
5 051
-
health
1 444
-
192
-
pensions
8 456
-
1 126
-
total
25 700
-
6 369
-
Employer
87 650
-
26 572
-
health
1 665
-
504
-
pensions
10 349
-
1 920
-
total
12 014
-
2 424
-
Corporate
-
29 000
-
-
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.

-
5 510
-
-
total
-
5 510
-
-
Dividends
-
23 490
-
-
withholding
-
1 763
-
-
total
-
1 763
-
-
Income
29 000
29 000
29 000
29 000
Total tax
37 714
7 273
8 793
6 651
After tax
-8 714
21 727
20 207
22 349
Living cost
61 950
61 950
61 950
61 950
Free-cash
-70 664
-40 223
-41 743
-39 601

Estimated living cost  is ₽61950 per week

₽46420
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7748
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽6114
₽12602
₽4714
₽8281
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 000
health
-
-
-
3 335
income
-
-
-
4 350
pensions

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

-
-
-
4 292
unemployment
-
-
-
116
total
-
-
-
12 093
Employee
16 145
-
24 243
-
income
1 614
-
2 425
-
accident

We are using the highest rate at 1.1%.

178
-
267
-
pensions

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

1 418
-
2 129
-
health
743
-
1 115
-
total
3 953
-
5 936
-
Employer
16 145
-
24 243
-
unemployment
97
-
145
-
health
1 114
-
1 673
-
accident

We are using the highest rate at 1.1%.

178
-
267
-
pensions

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

1 779
-
2 672
-
total
3 168
-
4 757
-
Corporate
9 687
29 000
-
-
income
969
2 900
-
-
total
969
2 900
-
-
Dividends
8 718
26 100
-
-
withholding
436
1 305
-
-
total
436
1 305
-
-
Income
29 000
29 000
29 000
29 000
Total tax
8 526
4 205
10 693
12 093
After tax
20 474
24 795
18 307
16 907
Living cost
12 193
12 193
12 193
12 193
Free-cash
8 281
12 602
6 114
4 714

Estimated living cost  is ₽12193 per week

₽7118
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽871
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽323
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3881
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽76843
-₽71580
-₽35285
-₽73170
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 000
health
-
-
-
4 451
income
-
-
-
2 611
pensions
-
-
-
5 220
total
-
-
-
12 282
Employee
86 948
80 086
80 086
-
income

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

13 109
13 109
13 109
-
pensions
10 988
10 988
14 415
-
health
10 847
10 456
12 292
-
total
34 944
34 553
39 816
-
Employer
86 948
80 086
80 086
-
unemployment
3 130
2 883
2 883
-
health
6 042
5 567
5 567
-
pensions
6 051
5 574
5 574
-
total
15 223
14 024
14 024
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
29 000
29 000
29 000
29 000
Total tax
50 167
48 577
53 840
12 282
After tax
-21 167
-19 577
-24 840
16 718
Living cost
52 003
52 003
52 003
52 003
Free-cash
-73 170
-71 580
-76 843
-35 285

Estimated living cost  is ₽52003 per week

₽38361
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8402
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8406
-₽3156
-₽8998
-₽16564
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 000
social contributions
-
-
-
8 468
health
-
-
-
3 915
income
-
-
-
2 493
solidarity contribution
-
-
-
-
total
-
-
-
14 876
Employee
34 004
-
21 642
-
social contributions
2 210
-
1 407
-
solidarity contribution
-
-
-
-
income
4 080
-
2 597
-
health
4 591
-
2 922
-
total
10 881
-
6 926
-
Employer
34 004
-
21 642
-
health
3 060
-
1 948
-
social contributions
8 501
-
5 410
-
total
11 561
-
7 358
-
Corporate
-
29 000
-
-
income
-
5 510
-
-
total
-
5 510
-
-
Dividends
-
23 490
-
-
withholding
-
3 524
-
-
total
-
3 524
-
-
Income
29 000
29 000
29 000
29 000
Total tax
22 442
9 034
14 284
14 876
After tax
6 558
19 966
14 716
14 124
Living cost
23 122
23 122
23 122
23 122
Free-cash
-16 564
-3 156
-8 406
-8 998

Estimated living cost  is ₽23122 per week

₽16061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4962
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽25163
-₽24100
-₽23425
-₽54347
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 000
social contributions
-
-
-
7 459
national
-
-
-
4 955
regional
-
-
-
265
municipal
-
-
-
173
total
-
-
-
12 852
Employee
83 348
-
29 000
-
social contributions
28 105
-
9 779
-
municipal
441
-
153
-
national
14 442
-
4 421
-
regional
786
-
237
-
total
43 774
-
14 590
-
Employer
83 348
-
29 000
-
total
-
-
-
-
Corporate
-
29 000
-
-
nationa
-
6 960
-
-
municipal
-
1 132
-
-
total
-
8 092
-
-
Dividends
-
20 908
-
-
withholding
-
5 435
-
-
total
-
5 435
-
-
Income
29 000
29 000
29 000
29 000
Total tax
43 774
13 527
14 590
12 852
After tax
-14 774
15 473
14 410
16 148
Living cost
39 573
39 573
39 573
39 573
Free-cash
-54 347
-24 100
-25 163
-23 425

Estimated living cost  is ₽39573 per week

₽27585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2595
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.
₽8785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4631
-₽2454
-₽3954
-₽8539
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 000
other
-
-
-
-
health
-
-
-
2 059
income
-
-
-
4 186
pensions
-
-
-
5 800
surtax
-
-
-
-
unemployment
-
-
-
214
total
-
-
-
12 259
Employee
31 013
-
23 956
-
surtax
101
-
-
-
income
5 198
-
4 017
-
other
-
-
-
-
pensions
2 068
-
1 598
-
health
792
-
610
-
unemployment
2 159
-
1 668
-
total
10 318
-
7 893
-
Employer
31 013
-
23 956
-
other
-
-
-
-
unemployment
982
-
760
-
health
1 411
-
1 091
-
pensions
4 134
-
3 193
-
total
6 527
-
5 044
-
Corporate
-
29 000
-
-
income
-
7 541
-
-
total
-
7 541
-
-
Dividends
-
21 459
-
-
withholding
-
3 219
-
-
total
-
3 219
-
-
Income
29 000
29 000
29 000
29 000
Total tax
16 845
10 760
12 937
12 259
After tax
12 155
18 240
16 063
16 741
Living cost
20 694
20 694
20 694
20 694
Free-cash
-8 539
-2 454
-4 631
-3 954

Estimated living cost  is ₽20694 per week

₽12654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1910
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.
₽5654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22115
-₽20595
-₽19973
-₽37215
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 000
income
-
-
-
5 588
pensions
-
-
-
1 063
total
-
-
-
6 651
Employee
58 740
-
26 572
-
income
10 579
-
5 051
-
health
853
-
192
-
pensions
4 986
-
1 126
-
total
16 418
-
6 369
-
Employer
58 740
-
26 572
-
health
1 116
-
504
-
pensions
6 359
-
1 920
-
total
7 475
-
2 424
-
Corporate
-
29 000
-
-
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.

-
5 510
-
-
total
-
5 510
-
-
Dividends
-
23 490
-
-
withholding
-
1 763
-
-
total
-
1 763
-
-
Income
29 000
29 000
29 000
29 000
Total tax
23 893
7 273
8 793
6 651
After tax
5 107
21 727
20 207
22 349
Living cost
42 322
42 322
42 322
42 322
Free-cash
-37 215
-20 595
-22 115
-19 973

Estimated living cost  is ₽42322 per week

₽31708
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3172
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽53051
-₽61917
-₽50258
-₽67357
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 000
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.

-
-
-
579
health
-
-
-
245
pensions
-
-
-
2 668
city
-
-
-
303
national
-
-
-
-
regional
-
-
-
286
total
-
-
-
4 081
Employee
87 977
-
25 254
-
national
416
-
-
-
city
944
-
263
-
pensions
7 391
-
2 906
-
health
199
-
56
-
regional
2 881
-
181
-
unemployment
-
-
-
-
total
11 831
-
3 406
-
Employer
87 977
-
25 254
-
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.

1 759
-
506
-
unemployment
-
-
-
-
health
199
-
56
-
pensions
7 391
-
2 906
-
total
9 349
-
3 468
-
Corporate
-
29 000
-
-
regional
-
6 134
-
-
national
-
2 466
-
-
total
-
8 600
-
-
Dividends
-
20 400
-
-
withholding
-
7 140
-
-
total
-
7 140
-
-
Income
29 000
29 000
29 000
29 000
Total tax
21 180
15 740
6 874
4 081
After tax
7 820
13 260
22 126
24 919
Living cost
75 177
75 177
75 177
75 177
Free-cash
-67 357
-61 917
-53 051
-50 258

Estimated living cost  is ₽75177 per week

₽48887
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6746
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽923
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18621
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽21526
-₽28409
-₽21526
-₽27362
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
29 000
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.

-
-
-
6 407
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.

-
-
-
1 096
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.

-
-
-
61
trade
-
-
-
-
total
-
-
-
7 564
Employee

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

56 361
-
29 000
-
surtax

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

365
-
61
-
income

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

6 628
-
1 096
-
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.

6 407
-
6 407
-
total
13 400
-
7 564
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
29 000
-
-
chamber of commerce
-
183
-
-
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.

-
238
-
-
trade
-
4 974
-
-
income
-
4 350
-
-
total
-
9 745
-
-
Dividends
-
19 254
-
-
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.

-
246
-
-
withholding
-
4 456
-
-
total
-
4 702
-
-
Income
29 000
29 000
29 000
29 000
Total tax
13 400
14 447
7 564
7 564
After tax
15 600
14 553
21 436
21 436
Living cost
42 962
42 962
42 962
42 962
Free-cash
-27 362
-28 409
-21 526
-21 526

Estimated living cost  is ₽42962 per week

₽31378
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3437
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13306
-₽17471
-₽14148
-₽23672
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 000
other
-
-
-
899
social contributions
-
-
-
826
health
-
-
-
253
income
-
-
-
57
pensions
-
-
-
9 027
surtax
-
-
-
-
total
-
-
-
11 062
Employee
40 137
-
22 100
-
surtax
-
-
-
-
social contributions
1 144
-
630
-
income
2 369
-
189
-
pensions
4 538
-
2 500
-
total
8 051
-
3 319
-
Employer
40 137
-
22 100
-
other
1 385
-
762
-
unemployment
1 625
-
895
-
health
2 810
-
1 547
-
pensions
6 594
-
3 631
-
social contributions
121
-
66
-
total
12 535
-
6 901
-
Corporate
-
29 000
-
-
surtax
-
-
-
-
income
-
8 121
-
-
total
-
8 121
-
-
Dividends
-
20 879
-
-
social contributions
-
3 591
-
-
surtax
-
-
-
-
withholding
-
2 673
-
-
total
-
6 264
-
-
Income
29 000
29 000
29 000
29 000
Total tax
20 586
14 385
10 220
11 062
After tax
8 414
14 615
18 780
17 938
Living cost
32 086
32 086
32 086
32 086
Free-cash
-23 672
-17 471
-13 306
-14 148

Estimated living cost  is ₽32086 per week

₽20232
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2609
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8701
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10127
-₽14292
-₽10969
-₽18017
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 000
other
-
-
-
899
social contributions
-
-
-
826
health
-
-
-
253
income
-
-
-
57
pensions
-
-
-
9 027
surtax
-
-
-
-
total
-
-
-
11 062
Employee
35 828
-
22 100
-
surtax
-
-
-
-
social contributions
1 022
-
630
-
income
1 847
-
189
-
pensions
4 052
-
2 500
-
total
6 921
-
3 319
-
Employer
35 828
-
22 100
-
other
1 237
-
762
-
unemployment
1 450
-
895
-
health
2 508
-
1 547
-
pensions
5 887
-
3 631
-
social contributions
107
-
66
-
total
11 189
-
6 901
-
Corporate
-
29 000
-
-
surtax
-
-
-
-
income
-
8 121
-
-
total
-
8 121
-
-
Dividends
-
20 879
-
-
social contributions
-
3 591
-
-
surtax
-
-
-
-
withholding
-
2 673
-
-
total
-
6 264
-
-
Income
29 000
29 000
29 000
29 000
Total tax
18 110
14 385
10 220
11 062
After tax
10 890
14 615
18 780
17 938
Living cost
28 907
28 907
28 907
28 907
Free-cash
-18 017
-14 292
-10 127
-10 969

Estimated living cost  is ₽28907 per week

₽16765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8658
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1574
-₽2193
-₽1263
-₽5261
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 000
social contributions
-
-
-
4 003
health
-
-
-
2 024
income
-
-
-
4 350
total
-
-
-
10 377
Employee
31 798
-
29 000
-
social contributions
4 389
-
4 003
-
income
5 303
-
4 661
-
health
2 219
-
2 024
-
total
11 911
-
10 688
-
Employer
31 798
-
29 000
-
total
-
-
-
-
Corporate
-
29 000
-
-
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%.

-
1 450
-
-
total
-
1 450
-
-
Dividends
-
27 550
-
-
social contributions
1 636
3 801
-
-
withholding
-
4 132
-
-
health
828
1 924
-
-
total
2 464
9 857
-
-
Income
29 000
29 000
29 000
29 000
Total tax
14 375
11 307
10 688
10 377
After tax
14 625
17 693
18 312
18 623
Living cost
19 886
19 886
19 886
19 886
Free-cash
-5 261
-2 193
-1 574
-1 263

Estimated living cost  is ₽19886 per week

₽13309
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23560
-₽25400
-₽17683
-₽32431
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 000
health
-
-
-
2 219
income
-
-
-
-
chamber of commerce
-
-
-
116
pensions
-
-
-
5 366
surtax
-
-
-
185
unemployment
-
-
-
5 752
total
-
-
-
13 638
Employee
46 868
37 373
37 373
-
income
5 336
2 757
3 622
-
other
468
374
215
-
pensions
4 800
3 826
2 200
-
health
1 814
1 447
831
-
unemployment
1 406
1 121
644
-
total
13 824
9 525
7 512
-
Employer
46 868
37 373
37 373
-
other
2 226
1 774
1 641
-
unemployment
1 406
1 121
644
-
health
1 771
1 413
812
-
surtax
185
185
185
-
accident
609
486
279
-
pensions
5 882
4 691
2 694
-
payroll
1 406
1 121
1 121
-
chamber of commerce
187
149
149
-
total
13 672
10 940
7 525
-
Corporate
3 559
3 559
17 914
-
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.

890
890
4 478
-
total
890
890
4 478
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
29 000
29 000
29 000
29 000
Total tax
28 386
21 355
19 515
13 638
After tax
614
7 645
9 485
15 362
Living cost
33 045
33 045
33 045
33 045
Free-cash
-32 431
-25 400
-23 560
-17 683

Estimated living cost  is ₽33045 per week

₽22040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2819
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7644
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20723
-₽17693
-₽15551
-₽57610
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 000
social contributions
-
-
-
1 025
communal

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

-
-
-
1 678
national
-
-
-
7 654
total
-
-
-
10 357
Employee

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

67 083
-
22 460
-
national
20 624
-
4 882
-
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.

5 031
-
1 684
-
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.

3 152
-
1 055
-
communal

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

3 499
-
1 171
-
unemployment

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

584
-
196
-
total
32 890
-
8 988
-
Employer

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

67 083
-
22 460
-
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.

979
-
327
-
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.

4 125
-
1 383
-
surtax
7 606
-
2 549
-
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.

872
-
292
-
pensions

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

5 944
-
1 990
-
total
19 526
-
6 541
-
Corporate
-
29 000
-
-
surtax
-
116
-
-
income
-
5 800
-
-
total
-
5 916
-
-
Dividends
-
23 084
-
-
withholding

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

-
6 583
-
-
total
-
6 583
-
-
Income
29 000
29 000
29 000
29 000
Total tax
52 416
12 499
15 529
10 357
After tax
-23 416
16 501
13 471
18 643
Living cost
34 194
34 194
34 194
34 194
Free-cash
-57 610
-17 693
-20 723
-15 551

Estimated living cost  is ₽34194 per week

₽22025
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2990
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8644
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
-₽20078
-₽14183
-₽17425
-₽32563
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 000
other
-
-
-
28
accident
-
-
-
262
income
-
-
-
3 857
pensions
-
-
-
8 206
unemployment
-
-
-
203
total
-
-
-
12 556
Employee
46 682
-
19 016
-
income
9 850
-
3 235
-
other
46
-
32
-
pensions
2 194
-
1 472
-
unemployment
724
-
486
-
total
12 814
-
5 225
-
Employer
46 682
-
19 016
-
other
372
-
251
-
unemployment
2 568
-
1 723
-
accident
924
-
619
-
pensions
11 016
-
7 391
-
total
14 880
-
9 984
-
Corporate
-
29 000
-
-
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.

-
4 350
-
-
total
-
4 350
-
-
Dividends
-
24 650
-
-
withholding
-
4 964
-
-
total
-
4 964
-
-
Income
29 000
29 000
29 000
29 000
Total tax
27 694
9 314
15 209
12 556
After tax
1 306
19 686
13 791
16 444
Living cost
33 869
33 869
33 869
33 869
Free-cash
-32 563
-14 183
-20 078
-17 425

Estimated living cost  is ₽33869 per week

₽24941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2403
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽34121
-₽31123
-₽34120
-₽50506
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 000
health
-
-
-
3 346
accident
-
-
-
402
income
-
-
-
-
pensions
-
-
-
7 140
communal
-
-
-
-
surtax
-
-
-
1 267
total
-
-
-
12 155
Employee
71 020
-
23 666
-
surtax
4 353
-
1 267
-
income
6 860
-
-
-
pensions
5 681
-
3 570
-
health
3 161
-
1 986
-
total
20 055
-
6 823
-
Employer
71 020
-
23 666
-
health
2 166
-
1 361
-
accident
639
-
402
-
pensions
5 681
-
3 570
-
total
8 486
-
5 333
-
Corporate
-
29 000
-
-
surtax
-
304
-
-
income
-
4 350
-
-
communal
-
-
-
-
total
-
4 654
-
-
Dividends
-
24 346
-
-
income
-
852
-
-
withholding
-
3 652
-
-
total
-
4 504
-
-
Income
29 000
29 000
29 000
29 000
Total tax
28 541
9 158
12 156
12 155
After tax
459
19 842
16 844
16 845
Living cost
50 965
50 965
50 965
50 965
Free-cash
-50 506
-31 123
-34 121
-34 120

Estimated living cost  is ₽50965 per week

₽38231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3088
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5001
-₽2824
-₽4323
-₽9231
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 000
other
-
-
-
-
health
-
-
-
2 059
income
-
-
-
4 186
pensions
-
-
-
5 800
surtax
-
-
-
-
unemployment
-
-
-
214
total
-
-
-
12 259
Employee
31 582
-
23 956
-
surtax
112
-
-
-
income
5 295
-
4 017
-
other
-
-
-
-
pensions
2 107
-
1 598
-
health
806
-
610
-
unemployment
2 198
-
1 668
-
total
10 518
-
7 893
-
Employer
31 582
-
23 956
-
other
-
-
-
-
unemployment
1 002
-
760
-
health
1 436
-
1 091
-
pensions
4 211
-
3 193
-
total
6 649
-
5 044
-
Corporate
-
29 000
-
-
income
-
7 541
-
-
total
-
7 541
-
-
Dividends
-
21 459
-
-
withholding
-
3 219
-
-
total
-
3 219
-
-
Income
29 000
29 000
29 000
29 000
Total tax
17 167
10 760
12 937
12 259
After tax
11 833
18 240
16 063
16 741
Living cost
21 064
21 064
21 064
21 064
Free-cash
-9 231
-2 824
-5 001
-4 323

Estimated living cost  is ₽21064 per week

₽12718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1831
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11006
-₽10020
-₽9288
-₽23023
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 000
social contributions
-
-
-
7 459
national
-
-
-
4 955
regional
-
-
-
438
municipal
-
-
-
173
total
-
-
-
13 025
Employee
52 022
-
29 000
-
social contributions
17 542
-
9 779
-
municipal
276
-
153
-
national
8 242
-
4 421
-
regional
700
-
390
-
total
26 760
-
14 743
-
Employer
52 022
-
29 000
-
total
-
-
-
-
Corporate
-
29 000
-
-
nationa
-
6 960
-
-
municipal
-
1 442
-
-
total
-
8 402
-
-
Dividends
-
20 598
-
-
withholding
-
5 355
-
-
total
-
5 355
-
-
Income
29 000
29 000
29 000
29 000
Total tax
26 760
13 757
14 743
13 025
After tax
2 240
15 243
14 257
15 975
Living cost
25 263
25 263
25 263
25 263
Free-cash
-23 023
-10 020
-11 006
-9 288

Estimated living cost  is ₽25263 per week

₽15711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2559
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13777
-₽8527
-₽14369
-₽27148
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 000
social contributions
-
-
-
8 468
health
-
-
-
3 915
income
-
-
-
2 493
solidarity contribution
-
-
-
-
total
-
-
-
14 876
Employee
41 901
-
21 642
-
social contributions
2 724
-
1 407
-
solidarity contribution
-
-
-
-
income
5 028
-
2 597
-
health
5 657
-
2 922
-
total
13 409
-
6 926
-
Employer
41 901
-
21 642
-
health
3 771
-
1 948
-
social contributions
10 475
-
5 410
-
total
14 246
-
7 358
-
Corporate
-
29 000
-
-
income
-
5 510
-
-
total
-
5 510
-
-
Dividends
-
23 490
-
-
withholding
-
3 524
-
-
total
-
3 524
-
-
Income
29 000
29 000
29 000
29 000
Total tax
27 655
9 034
14 284
14 876
After tax
1 345
19 966
14 716
14 124
Living cost
28 493
28 493
28 493
28 493
Free-cash
-27 148
-8 527
-13 777
-14 369

Estimated living cost  is ₽28493 per week

₽21189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1578
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5232
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20340
-₽22090
-₽14373
-₽24683
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 000
health
-
-
-
2 219
income
-
-
-
-
chamber of commerce
-
-
-
116
pensions
-
-
-
5 366
surtax
-
-
-
-
unemployment
-
-
-
5 752
total
-
-
-
13 453
Employee
40 995
37 373
37 373
-
income
3 652
2 757
3 613
-
other
409
374
217
-
pensions
4 198
3 826
2 214
-
health
1 586
1 447
836
-
unemployment
1 230
1 121
650
-
total
11 075
9 525
7 530
-
Employer
40 995
37 373
37 373
-
other
1 947
1 774
1 641
-
unemployment
1 230
1 121
650
-
health
1 550
1 413
817
-
surtax
-
-
-
-
accident
532
486
281
-
pensions
5 145
4 691
2 714
-
payroll
1 230
1 121
1 121
-
chamber of commerce
164
149
149
-
total
11 798
10 755
7 373
-
Corporate
3 559
3 559
18 067
-
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.

890
890
4 517
-
total
890
890
4 517
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
29 000
29 000
29 000
29 000
Total tax
23 763
21 170
19 420
13 453
After tax
5 237
7 830
9 580
15 547
Living cost
29 920
29 920
29 920
29 920
Free-cash
-24 683
-22 090
-20 340
-14 373

Estimated living cost  is ₽29920 per week

₽17948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3056
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8382
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11020
₽15370
₽16530
₽13086
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
29 000
microenterprise

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

-
-
-
290
total
-
-
-
290
Employee
15 225
-
29 000
-
income
3 045
-
5 800
-
total
3 045
-
5 800
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

13 775
29 000
-
-
total
-
-
-
-
Dividends
13 775
29 000
-
-
withholding
689
1 450
-
-
total
689
1 450
-
-
Income
29 000
29 000
29 000
29 000
Total tax
3 734
1 450
5 800
290
After tax
25 266
27 550
23 200
28 710
Living cost
12 180
12 180
12 180
12 180
Free-cash
13 086
15 370
11 020
16 530

Estimated living cost  is ₽12180 per week

₽8242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽511
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.
₽3018
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9314
-₽5188
-₽8394
-₽18928
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
29 000
health
-
-
-
2 853
income
-
-
-
4 048
pensions
-
-
-
5 296
unemployment
-
-
-
43
total
-
-
-
12 240
Employee

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

41 471
-
25 094
-
income
7 152
-
3 708
-
pensions
6 428
-
3 889
-
health
2 678
-
1 621
-
unemployment
59
-
36
-
total
16 317
-
9 254
-
Employer

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

41 471
-
25 094
-
unemployment
25
-
14
-
health
2 762
-
1 671
-
pensions
3 670
-
2 221
-
total
6 457
-
3 906
-
Corporate
-
29 000
-
-
income
-
5 510
-
-
total
-
5 510
-
-
Dividends
-
23 490
-
-
withholding
-
3 524
-
-
total
-
3 524
-
-
Income
29 000
29 000
29 000
29 000
Total tax
22 774
9 034
13 160
12 240
After tax
6 226
19 966
15 840
16 760
Living cost
25 154
25 154
25 154
25 154
Free-cash
-18 928
-5 188
-9 314
-8 394

Estimated living cost  is ₽25154 per week

₽17263
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1612
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5793
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27301
-₽24724
-₽22327
-₽117408
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 000
social contributions
-
-
-
3 306
income
-
-
-
5 653
total
-
-
-
8 959
Employee
60 750
-
5 323
-
social contributions
4 982
-
710
-
income
13 400
-
1 015
-
total
18 382
-
1 725
-
Employer
60 750
-
5 323
-
social contributions
85 658
-
12 208
-
total
85 658
-
12 208
-
Corporate
-
29 000
-
-
income
-
6 380
-
-
total
-
6 380
-
-
Dividends
-
22 620
-
-
income
-
4 976
-
-
total
-
4 976
-
-
Income
29 000
29 000
29 000
29 000
Total tax
104 040
11 356
13 933
8 959
After tax
-75 040
17 644
15 067
20 041
Living cost
42 368
42 368
42 368
42 368
Free-cash
-117 408
-24 724
-27 301
-22 327

Estimated living cost  is ₽42368 per week

₽27490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10353
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12383
-₽12920
-₽12186
-₽24377
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
29 000
social contributions

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

-
-
-
10 078
income
-
-
-
1 692
surtax
-
-
-
-
total
-
-
-
11 770
Employee
43 132
-
23 435
-
surtax
-
-
-
-
social contributions
4 745
-
2 577
-
income
8 972
-
3 825
-
total
13 717
-
6 402
-
Employer
43 132
-
23 435
-
social contributions
10 244
-
5 565
-
total
10 244
-
5 565
-
Corporate
-
29 000
-
-
surtax
-
-
-
-
income
-
6 090
-
-
total
-
6 090
-
-
Dividends
-
22 910
-
-
withholding
-
6 414
-
-
total
-
6 414
-
-
Income
29 000
29 000
29 000
29 000
Total tax
23 961
12 504
11 967
11 770
After tax
5 039
16 496
17 033
17 230
Living cost
29 416
29 416
29 416
29 416
Free-cash
-24 377
-12 920
-12 383
-12 186

Estimated living cost  is ₽29416 per week

₽22009
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.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5181
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26515
-₽30680
-₽27357
-₽48081
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 000
other
-
-
-
899
social contributions
-
-
-
826
health
-
-
-
253
income
-
-
-
57
pensions
-
-
-
9 027
surtax
-
-
-
-
total
-
-
-
11 062
Employee
58 737
-
22 100
-
surtax
-
-
-
-
social contributions
1 673
-
630
-
income
5 125
-
189
-
pensions
6 644
-
2 500
-
total
13 442
-
3 319
-
Employer
58 737
-
22 100
-
other
2 027
-
762
-
unemployment
2 379
-
895
-
health
4 111
-
1 547
-
pensions
9 651
-
3 631
-
social contributions
176
-
66
-
total
18 344
-
6 901
-
Corporate
-
29 000
-
-
surtax
-
-
-
-
income
-
8 121
-
-
total
-
8 121
-
-
Dividends
-
20 879
-
-
social contributions
-
3 591
-
-
surtax
-
-
-
-
withholding
-
2 673
-
-
total
-
6 264
-
-
Income
29 000
29 000
29 000
29 000
Total tax
31 786
14 385
10 220
11 062
After tax
-2 786
14 615
18 780
17 938
Living cost
45 295
45 295
45 295
45 295
Free-cash
-48 081
-30 680
-26 515
-27 357

Estimated living cost  is ₽45295 per week

₽30655
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3705
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10313
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4714
-₽2089
-₽5568
-₽5822
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 000
income
-
-
-
-
social contributions
-
-
-
6 378
total
-
-
-
6 378
Employee
30 150
-
25 108
-
income
-
-
-
-
social contributions
1 959
-
1 632
-
total
1 959
-
1 632
-
Employer
30 150
-
25 108
-
social contributions
4 673
-
3 892
-
total
4 673
-
3 892
-
Corporate
-
29 000
-
-
income
-
2 899
-
-
total
-
2 899
-
-
Dividends
-
26 101
-
-
total
-
-
-
-
Income
29 000
29 000
29 000
29 000
Total tax
6 632
2 899
5 524
6 378
After tax
22 368
26 101
23 476
22 622
Living cost
28 190
28 190
28 190
28 190
Free-cash
-5 822
-2 089
-4 714
-5 568

Estimated living cost  is ₽28190 per week

₽18228
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2125
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7307
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽175017
-₽175017
-₽24677
-₽175017
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 000
labour market
-
-
-
2 255
pensions
-
-
-
812
national
-
-
-
2 090
municipal
-
-
-
3 424
total
-
-
-
8 581
Employee
190 341
190 341
190 341
-
labour market
15 206
15 206
15 206
-
municipal
40 532
40 532
40 532
-
national
23 254
23 254
23 254
-
pensions
271
271
271
-
total
79 263
79 263
79 263
-
Employer
190 341
190 341
190 341
-
national
23 294
23 294
23 294
-
labour market
15 227
15 227
15 227
-
pensions
541
541
541
-
municipal
40 596
40 596
40 596
-
total
79 658
79 658
79 658
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
29 000
29 000
29 000
29 000
Total tax
158 921
158 921
158 921
8 581
After tax
-129 921
-129 921
-129 921
20 419
Living cost
45 096
45 096
45 096
45 096
Free-cash
-175 017
-175 017
-175 017
-24 677

Estimated living cost  is ₽45096 per week

₽30864
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽694
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5156
-₽18122
-₽2029
-₽9765
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 000
other
-
-
-
350
health
-
-
-
2 060
accident
-
-
-
238
income
-
-
-
3 980
pensions
-
-
-
3 930
total
-
-
-
10 558
Employee
32 202
-
24 090
-
income
4 418
-
3 305
-
pensions
3 626
-
2 713
-
health
3 687
-
2 758
-
total
11 731
-
8 776
-
Employer
32 202
-
24 090
-
unemployment
789
-
590
-
accident
538
-
402
-
pensions
5 236
-
3 917
-
total
6 563
-
4 909
-
Corporate
-
29 000
-
-
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.

-
26 100
-
-
total
-
26 100
-
-
Dividends
-
2 900
-
-
withholding
-
551
-
-
total
-
551
-
-
Income
29 000
29 000
29 000
29 000
Total tax
18 294
26 651
13 685
10 558
After tax
10 706
2 349
15 315
18 442
Living cost
20 471
20 471
20 471
20 471
Free-cash
-9 765
-18 122
-5 156
-2 029

Estimated living cost  is ₽20471 per week

₽14900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1167
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽384
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4019
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17651
-₽15937
-₽12271
-₽29649
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
29 000
health
-
-
-
55
national
-
-
-
-
municipal
-
-
-
5 211
total
-
-
-
5 266
Employee
49 341
-
24 396
-
municipal
8 082
-
4 029
-
national
815
-
-
-
pensions
3 330
-
1 646
-
health
368
-
-
-
unemployment
740
-
367
-
total
13 335
-
6 042
-
Employer
49 341
-
24 396
-
unemployment
320
-
158
-
health
379
-
189
-
accident
50
-
25
-
pensions
8 560
-
4 232
-
total
9 309
-
4 604
-
Corporate
-
29 000
-
-
income
-
5 800
-
-
total
-
5 800
-
-
Dividends

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

-
17 400
-
-
national
-
-
-
-
municipal
-
3 132
-
-
total
-
3 132
-
-
Income
29 000
29 000
29 000
29 000
Total tax
22 644
8 932
10 646
5 266
After tax
6 356
20 068
18 354
23 734
Living cost
36 005
36 005
36 005
36 005
Free-cash
-29 649
-15 937
-17 651
-12 271

Estimated living cost  is ₽36005 per week

₽23519
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3463
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6066
-₽13920
₽816
-₽7183
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 652
social contributions
-
-
-
5 562
health
-
-
-
909
income
-
-
-
-
total
-
-
-
6 471
Employee
72 114
72 114
72 114
-
social contributions
2 726
5 985
2 185
-
income
7 852
6 676
8 048
-
health
559
1 226
447
-
total
11 137
13 887
10 680
-
Employer
72 114
72 114
72 114
-
health
607
1 335
488
-
social contributions
2 726
5 985
2 185
-
total
3 333
7 320
2 673
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
29 000
29 000
29 000
29 000
Total tax
14 470
21 207
13 353
6 471
After tax
14 530
7 793
15 647
22 529
Living cost
21 713
21 713
21 713
21 713
Free-cash
-7 183
-13 920
-6 066
816

Estimated living cost  is ₽21713 per week

₽13013
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2130
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.
₽6090
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3223
₽9123
₽2897
₽4354
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 000
health
-
-
-
3 394
income
-
-
-
1 826
pensions
-
-
-
5 966
unemployment
-
-
-
27
total
-
-
-
11 213
Employee

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

21 526
-
26 291
-
income
1 472
-
1 867
-
pensions
3 228
-
3 944
-
health
1 830
-
2 235
-
unemployment
107
-
132
-
total
6 637
-
8 178
-
Employer

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

21 526
-
26 291
-
unemployment
107
-
132
-
health
925
-
1 130
-
pensions
1 183
-
1 447
-
total
2 215
-
2 709
-
Corporate
5 258
29 000
-
-
income
473
2 611
-
-
total
473
2 611
-
-
Dividends
4 785
26 389
-
-
withholding
431
2 376
-
-
total
431
2 376
-
-
Income
29 000
29 000
29 000
29 000
Total tax
9 756
4 987
10 887
11 213
After tax
19 244
24 013
18 113
17 787
Living cost
14 890
14 890
14 890
14 890
Free-cash
4 354
9 123
3 223
2 897

Estimated living cost  is ₽14890 per week

₽9500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1073
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3873
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11998
-₽6103
-₽9345
-₽16731
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 000
other
-
-
-
28
accident
-
-
-
262
income
-
-
-
3 857
pensions
-
-
-
8 206
unemployment
-
-
-
203
total
-
-
-
12 556
Employee
34 677
-
19 016
-
income
6 685
-
3 235
-
other
34
-
32
-
pensions
1 630
-
1 472
-
unemployment
537
-
486
-
total
8 886
-
5 225
-
Employer
34 677
-
19 016
-
other
278
-
251
-
unemployment
1 908
-
1 723
-
accident
687
-
619
-
pensions
8 183
-
7 391
-
total
11 056
-
9 984
-
Corporate
-
29 000
-
-
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.

-
4 350
-
-
total
-
4 350
-
-
Dividends
-
24 650
-
-
withholding
-
4 964
-
-
total
-
4 964
-
-
Income
29 000
29 000
29 000
29 000
Total tax
19 942
9 314
15 209
12 556
After tax
9 058
19 686
13 791
16 444
Living cost
25 789
25 789
25 789
25 789
Free-cash
-16 731
-6 103
-11 998
-9 345

Estimated living cost  is ₽25789 per week

₽17407
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2479
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5451
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15969
₽16359
₽16093
₽16075
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 000
health
-
-
-
919
income
-
-
-
8 984
pensions
-
-
-
1 267
total
-
-
-
11 170
Employee
2 646
-
27 574
-
income
512
-
8 918
-
pensions
238
-
570
-
health
132
-
317
-
unemployment
26
-
63
-
total
908
-
9 868
-
Employer
2 646
-
27 574
-
unemployment
53
-
127
-
health
251
-
602
-
pensions
291
-
697
-
total
595
-
1 426
-
Corporate
25 758
29 000
-
-
income
5 667
6 380
-
-
total
5 667
6 380
-
-
Dividends
20 091
22 620
-
-
withholding
4 018
4 524
-
-
total
4 018
4 524
-
-
Income
29 000
29 000
29 000
29 000
Total tax
11 188
10 904
11 294
11 170
After tax
17 812
18 096
17 706
17 830
Living cost
1 737
1 737
1 737
1 737
Free-cash
16 075
16 359
15 969
16 093

Estimated living cost  is ₽1737 per week

₽1032
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽141
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽40
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114
₽4767
-₽1134
₽163
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
29 000
health
-
-
-
2 987
income
-
-
-
2 986
pensions
-
-
-
7 540
unemployment
-
-
-
435
total
-
-
-
13 948
Employee

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

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

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

24 408
-
24 597
-
income
3 364
-
3 402
-
pensions
3 417
-
3 444
-
health
1 257
-
1 267
-
unemployment
183
-
184
-
total
8 221
-
8 297
-
Employer

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

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

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

24 408
-
24 597
-
unemployment
183
-
184
-
health
1 257
-
1 267
-
pensions
2 929
-
2 952
-
total
4 369
-
4 403
-
Corporate
223
29 000
-
-
income
33
4 350
-
-
total
33
4 350
-
-
Dividends
190
24 650
-
-
withholding
28
3 697
-
-
total
28
3 697
-
-
Income
29 000
29 000
29 000
29 000
Total tax
12 651
8 047
12 700
13 948
After tax
16 349
20 953
16 300
15 052
Living cost
16 186
16 186
16 186
16 186
Free-cash
163
4 767
114
-1 134

Estimated living cost  is ₽16186 per week

₽10898
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1252
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8250
-₽8787
-₽8053
-₽16043
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
29 000
social contributions

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

-
-
-
10 078
income
-
-
-
1 692
surtax
-
-
-
-
total
-
-
-
11 770
Employee
36 399
-
23 435
-
surtax
-
-
-
-
social contributions
4 004
-
2 577
-
income
7 112
-
3 825
-
total
11 116
-
6 402
-
Employer
36 399
-
23 435
-
social contributions
8 644
-
5 565
-
total
8 644
-
5 565
-
Corporate
-
29 000
-
-
surtax
-
-
-
-
income
-
6 090
-
-
total
-
6 090
-
-
Dividends
-
22 910
-
-
withholding
-
6 414
-
-
total
-
6 414
-
-
Income
29 000
29 000
29 000
29 000
Total tax
19 760
12 504
11 967
11 770
After tax
9 240
16 496
17 033
17 230
Living cost
25 283
25 283
25 283
25 283
Free-cash
-16 043
-8 787
-8 250
-8 053

Estimated living cost  is ₽25283 per week

₽17907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19168
-₽13273
-₽16515
-₽30734
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 000
other
-
-
-
28
accident
-
-
-
262
income
-
-
-
3 857
pensions
-
-
-
8 206
unemployment
-
-
-
203
total
-
-
-
12 556
Employee
45 292
-
19 016
-
income
9 460
-
3 235
-
other
44
-
32
-
pensions
2 129
-
1 472
-
unemployment
701
-
486
-
total
12 334
-
5 225
-
Employer
45 292
-
19 016
-
other
363
-
251
-
unemployment
2 492
-
1 723
-
accident
897
-
619
-
pensions
10 689
-
7 391
-
total
14 441
-
9 984
-
Corporate
-
29 000
-
-
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.

-
4 350
-
-
total
-
4 350
-
-
Dividends
-
24 650
-
-
withholding
-
4 964
-
-
total
-
4 964
-
-
Income
29 000
29 000
29 000
29 000
Total tax
26 775
9 314
15 209
12 556
After tax
2 225
19 686
13 791
16 444
Living cost
32 959
32 959
32 959
32 959
Free-cash
-30 734
-13 273
-19 168
-16 515

Estimated living cost  is ₽32959 per week

₽23670
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2563
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6263
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2309
₽8797
₽909
₽3128
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 000
health
-
-
-
3 335
income
-
-
-
4 350
pensions

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

-
-
-
4 292
unemployment
-
-
-
116
total
-
-
-
12 093
Employee
21 183
-
24 243
-
income
2 119
-
2 425
-
accident

We are using the highest rate at 1.1%.

233
-
267
-
pensions

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

1 860
-
2 129
-
health
975
-
1 115
-
total
5 187
-
5 936
-
Employer
21 183
-
24 243
-
unemployment
127
-
145
-
health
1 462
-
1 673
-
accident

We are using the highest rate at 1.1%.

233
-
267
-
pensions

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

2 334
-
2 672
-
total
4 156
-
4 757
-
Corporate
3 661
29 000
-
-
income
366
2 900
-
-
total
366
2 900
-
-
Dividends
3 294
26 100
-
-
withholding
165
1 305
-
-
total
165
1 305
-
-
Income
29 000
29 000
29 000
29 000
Total tax
9 874
4 205
10 693
12 093
After tax
19 126
24 795
18 307
16 907
Living cost
15 998
15 998
15 998
15 998
Free-cash
3 128
8 797
2 309
909

Estimated living cost  is ₽15998 per week

₽10581
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽916
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽382
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4120
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14771
-₽21056
-₽14771
-₽17663
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
29 000
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.

-
-
-
6 407
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.

-
-
-
1 096
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.

-
-
-
61
trade
-
-
-
-
total
-
-
-
7 564
Employee

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

46 662
-
29 000
-
surtax

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

212
-
61
-
income

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

3 837
-
1 096
-
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.

6 407
-
6 407
-
total
10 456
-
7 564
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
29 000
-
-
chamber of commerce
-
185
-
-
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.

-
238
-
-
trade
-
4 161
-
-
income
-
4 350
-
-
total
-
8 934
-
-
Dividends
-
20 066
-
-
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.

-
256
-
-
withholding
-
4 659
-
-
total
-
4 915
-
-
Income
29 000
29 000
29 000
29 000
Total tax
10 456
13 849
7 564
7 564
After tax
18 544
15 151
21 436
21 436
Living cost
36 207
36 207
36 207
36 207
Free-cash
-17 663
-21 056
-14 771
-14 771

Estimated living cost  is ₽36207 per week

₽24976
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3896
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.
₽6809
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28237
-₽33123
-₽28237
-₽44359
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 000
income
-
-
-
2 864
social contributions
-
-
-
951
total
-
-
-
3 815
Employee
73 358
-
29 000
-
income
13 842
-
2 864
-
social contributions
6 095
-
951
-
total
19 937
-
3 815
-
Employer
73 358
-
29 000
-
total
-
-
-
-
Corporate
-
29 000
-
-
income
-
3 625
-
-
total
-
3 625
-
-
Dividends
-
25 375
-
-
withholding
-
5 076
-
-
total
-
5 076
-
-
Income
29 000
29 000
29 000
29 000
Total tax
19 937
8 701
3 815
3 815
After tax
9 063
20 299
25 185
25 185
Living cost
53 422
53 422
53 422
53 422
Free-cash
-44 359
-33 123
-28 237
-28 237

Estimated living cost  is ₽53422 per week

₽40643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4353
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7916
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11453
-₽18021
-₽37540
-₽21130
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
29 000
income
-
-
-
26 695
health

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

-
-
-
5 802
total
-
-
-
32 497
Employee
43 022
-
26 359
-
income
4 668
-
1 128
-
social contributions
4 310
-
2 641
-
total
8 978
-
3 769
-
Employer
43 022
-
26 359
-
social contributions
4 310
-
2 641
-
total
4 310
-
2 641
-
Corporate
-
29 000
-
-
income
-
10 150
-
-
total
-
10 150
-
-
Dividends
-
18 850
-
-
social contributions
2 799
2 828
-
-
total
2 799
2 828
-
-
Income
29 000
29 000
29 000
29 000
Total tax
16 087
12 978
6 410
32 497
After tax
12 913
16 022
22 590
-3 497
Living cost
34 043
34 043
34 043
34 043
Free-cash
-21 130
-18 021
-11 453
-37 540

Estimated living cost  is ₽34043 per week

₽22424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8413
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14200
-₽12680
-₽12058
-₽23899
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 000
income
-
-
-
5 588
pensions
-
-
-
1 063
total
-
-
-
6 651
Employee
47 228
-
26 572
-
income
8 601
-
5 051
-
health
616
-
192
-
pensions
3 605
-
1 126
-
total
12 822
-
6 369
-
Employer
47 228
-
26 572
-
health
898
-
504
-
pensions
4 772
-
1 920
-
total
5 670
-
2 424
-
Corporate
-
29 000
-
-
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.

-
5 510
-
-
total
-
5 510
-
-
Dividends
-
23 490
-
-
withholding
-
1 763
-
-
total
-
1 763
-
-
Income
29 000
29 000
29 000
29 000
Total tax
18 492
7 273
8 793
6 651
After tax
10 508
21 727
20 207
22 349
Living cost
34 407
34 407
34 407
34 407
Free-cash
-23 899
-12 680
-14 200
-12 058

Estimated living cost  is ₽34407 per week

₽23603
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3164
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽7182
-₽20148
-₽4055
-₽13601
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 000
other
-
-
-
350
health
-
-
-
2 060
accident
-
-
-
238
income
-
-
-
3 980
pensions
-
-
-
3 930
total
-
-
-
10 558
Employee
35 389
-
24 090
-
income
4 855
-
3 305
-
pensions
3 985
-
2 713
-
health
4 052
-
2 758
-
total
12 892
-
8 776
-
Employer
35 389
-
24 090
-
unemployment
867
-
590
-
accident
591
-
402
-
pensions
5 754
-
3 917
-
total
7 212
-
4 909
-
Corporate
-
29 000
-
-
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.

-
26 100
-
-
total
-
26 100
-
-
Dividends
-
2 900
-
-
withholding
-
551
-
-
total
-
551
-
-
Income
29 000
29 000
29 000
29 000
Total tax
20 104
26 651
13 685
10 558
After tax
8 896
2 349
15 315
18 442
Living cost
22 497
22 497
22 497
22 497
Free-cash
-13 601
-20 148
-7 182
-4 055

Estimated living cost  is ₽22497 per week

₽16510
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5477
₽12002
₽5477
₽7449
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
29 000
income
-
-
-
2 900
health insurance
-
-
-
2 146
work injury
-
-
-
145
pensions
-
-
-
5 336
unemployment
-
-
-
348
total
-
-
-
10 875
Employee

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

20 236
-
29 000
-
income
2 024
-
2 900
-
work injury
101
-
145
-
health insurance
1 497
-
2 146
-
pensions
3 723
-
5 336
-
unemployment
243
-
348
-
total
7 588
-
10 875
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
8 764
29 000
-
-
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
8 764
29 000
-
-
withholding
1 315
4 350
-
-
total
1 315
4 350
-
-
Income
29 000
29 000
29 000
29 000
Total tax
8 903
4 350
10 875
10 875
After tax
20 097
24 650
18 125
18 125
Living cost
12 648
12 648
12 648
12 648
Free-cash
7 449
12 002
5 477
5 477

Estimated living cost  is ₽12648 per week

₽7835
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽919
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3499
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
Rome , Italy
-₽23066
-₽22086
-₽21340
-₽50027
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 000
social contributions
-
-
-
7 459
national
-
-
-
4 955
regional
-
-
-
372
municipal
-
-
-
194
total
-
-
-
12 980
Employee
79 027
-
29 000
-
social contributions
26 647
-
9 779
-
municipal
472
-
173
-
national
13 355
-
4 421
-
regional
1 193
-
333
-
total
41 667
-
14 706
-
Employer
79 027
-
29 000
-
total
-
-
-
-
Corporate
-
29 000
-
-
nationa
-
6 960
-
-
municipal
-
1 397
-
-
total
-
8 357
-
-
Dividends
-
20 643
-
-
withholding
-
5 368
-
-
total
-
5 368
-
-
Income
29 000
29 000
29 000
29 000
Total tax
41 667
13 725
14 706
12 980
After tax
-12 667
15 275
14 294
16 020
Living cost
37 360
37 360
37 360
37 360
Free-cash
-50 027
-22 086
-23 066
-21 340

Estimated living cost  is ₽37360 per week

₽26243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2570
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close