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
-₽7022
-₽7094
-₽13674
-₽7094
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 434
trade
-
-
-
-
income

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

-
-
-
1 074
surtax

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

-
-
-
59
total
-
-
-
7 567
Employee

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

36 022
-
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.

6 434
-
6 434
-
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.

1 006
-
1 074
-
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
-
59
-
total
7 495
-
7 567
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
29 000
-
-
income
-
4 350
-
-
chamber of commerce
-
184
-
-
surtax

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

-
239
-
-
trade
-
4 568
-
-
total
-
9 341
-
-
Dividends
-
19 658
-
-
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.

-
250
-
-
withholding
-
4 556
-
-
total
-
4 806
-
-
Income
29 000
29 000
29 000
29 000
Total tax
7 495
14 147
7 567
7 567
After tax
21 505
14 853
21 433
21 433
Living cost
28 527
28 527
28 527
28 527
Free-cash
-7 022
-13 674
-7 094
-7 094

Estimated living cost  is ₽28527 per week

₽17944
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3326
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6724
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽53827
-₽29101
-₽30890
-₽29328
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
2 177
pensions
-
-
-
3 480
national
-
-
-
3 373
total
-
-
-
9 342
Employee
75 937
-
25 070
-
pensions
3 037
-
1 003
-
municipal
9 379
-
2 289
-
national
14 534
-
3 547
-
total
26 950
-
6 839
-
Employer
75 937
-
25 070
-
pensions
6 075
-
2 006
-
social contributions
816
-
270
-
total
6 891
-
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
33 841
10 904
9 115
9 342
After tax
-4 841
18 096
19 885
19 658
Living cost
48 986
48 986
48 986
48 986
Free-cash
-53 827
-30 890
-29 101
-29 328

Estimated living cost  is ₽48986 per week

₽33295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4554
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽733
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10404
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5150
-₽2955
₽3606
₽2091
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
2 965
income
-
-
-
-
surtax
-
-
-
-
microenterprise
-
-
-
4 350
total
-
-
-
7 315
Employee
27 520
-
23 370
-
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.

3 028
-
2 570
-
income
4 899
-
4 161
-
surtax
-
-
-
-
total
7 927
-
6 731
-
Employer
27 520
-
23 370
-
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.

6 629
-
5 630
-
total
6 629
-
5 630
-
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
14 556
5 800
12 361
7 315
After tax
14 444
23 200
16 639
21 685
Living cost
19 594
19 594
19 594
19 594
Free-cash
-5 150
3 606
-2 955
2 091

Estimated living cost  is ₽19594 per week

₽12500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1866
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4783
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽64525
-₽64525
-₽59238
-₽22734
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 452
income
-
-
-
2 609
pensions
-
-
-
5 219
total
-
-
-
12 280
Employee
80 427
80 427
80 427
-
pensions
14 477
11 035
14 477
-
health
12 345
10 500
12 345
-
income

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

13 165
13 165
13 165
-
total
39 987
34 700
39 987
-
Employer
80 427
80 427
80 427
-
pensions
5 598
5 598
5 598
-
health
5 591
5 591
5 591
-
unemployment
2 895
2 895
2 895
-
total
14 084
14 084
14 084
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
29 000
29 000
29 000
29 000
Total tax
54 071
48 784
54 071
12 280
After tax
-25 071
-19 784
-25 071
16 720
Living cost
39 454
39 454
39 454
39 454
Free-cash
-64 525
-59 238
-64 525
-22 734

Estimated living cost  is ₽39454 per week

₽27960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽627
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7310
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽43597
-₽23281
-₽22934
-₽24312
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
58
health
-
-
-
1 810
municipal
-
-
-
6 142
pensions
-
-
-
3 135
other
-
-
-
3 370
unemployment
-
-
-
29
national
-
-
-
-
total
-
-
-
14 544
Employee
55 241
-
22 067
-
municipal
16 473
-
6 580
-
national
-
-
-
-
total
16 473
-
6 580
-
Employer
55 241
-
22 067
-
pensions
5 971
-
2 385
-
other
6 419
-
2 564
-
health
3 397
-
1 357
-
unemployment
1 458
-
583
-
accident
111
-
44
-
total
17 356
-
6 933
-
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
33 829
13 166
13 513
14 544
After tax
-4 829
15 834
15 487
14 456
Living cost
38 768
38 768
38 768
38 768
Free-cash
-43 597
-22 934
-23 281
-24 312

Estimated living cost  is ₽38768 per week

₽25694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3804
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.
₽8681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18761
-₽15565
-₽22295
-₽15565
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 434
trade
-
-
-
-
income

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

-
-
-
1 074
surtax

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

-
-
-
59
total
-
-
-
7 567
Employee

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

47 761
-
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.

6 434
-
6 434
-
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.

4 104
-
1 074
-
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.

225
-
59
-
total
10 763
-
7 567
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
29 000
-
-
income
-
4 350
-
-
chamber of commerce
-
184
-
-
surtax

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

-
239
-
-
trade
-
4 770
-
-
total
-
9 543
-
-
Dividends
-
19 456
-
-
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.

-
248
-
-
withholding
-
4 506
-
-
total
-
4 754
-
-
Income
29 000
29 000
29 000
29 000
Total tax
10 763
14 297
7 567
7 567
After tax
18 237
14 703
21 433
21 433
Living cost
36 998
36 998
36 998
36 998
Free-cash
-18 761
-22 295
-15 565
-15 565

Estimated living cost  is ₽36998 per week

₽24745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3902
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7800
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17696
-₽14941
-₽22845
-₽8046
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 803
social contributions
-
-
-
5 585
health
-
-
-
913
income
-
-
-
-
total
-
-
-
6 498
Employee
72 421
72 421
72 421
-
health
720
1 231
447
-
social contributions
3 519
6 011
2 186
-
income
7 605
6 704
8 086
-
total
11 844
13 946
10 719
-
Employer
72 421
72 421
72 421
-
health
785
1 340
488
-
social contributions
3 519
6 011
2 186
-
total
4 304
7 351
2 674
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
29 000
29 000
29 000
29 000
Total tax
16 148
21 297
13 393
6 498
After tax
12 852
7 703
15 607
22 502
Living cost
30 548
30 548
30 548
30 548
Free-cash
-17 696
-22 845
-14 941
-8 046

Estimated living cost  is ₽30548 per week

₽20882
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2386
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1016
-₽589
-₽817
₽2690
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

25 118
9 997
24 268
-
unemployment
377
150
364
-
pensions
2 512
1 000
2 427
-
health
1 758
700
1 699
-
income
3 071
1 222
2 967
-
total
7 718
3 072
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.

25 118
9 997
24 268
-
pensions
4 898
1 949
4 732
-
total
4 898
1 949
4 732
-
Corporate
-
17 054
-
-
income
-
1 535
-
-
total
-
1 535
-
-
Dividends
-
15 519
-
-
social contributions
-
2 912
-
-
withholding
-
2 949
-
-
total
-
5 861
-
-
Income
29 000
29 000
29 000
29 000
Total tax
12 616
12 417
12 189
8 910
After tax
16 384
16 583
16 811
20 090
Living cost
17 400
17 400
17 400
17 400
Free-cash
-1 016
-817
-589
2 690

Estimated living cost  is ₽17400 per week

₽11874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽348
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3755
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6748
-₽3889
₽452
-₽5058
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 741
pensions
-
-
-
5 800
total
-
-
-
11 310
Employee
26 718
-
21 674
-
unemployment
427
-
347
-
pensions
534
-
434
-
income
3 008
-
2 034
-
total
3 969
-
2 815
-
Employer
26 718
-
21 674
-
pensions
5 344
-
4 334
-
health
3 473
-
2 819
-
unemployment
214
-
173
-
total
9 031
-
7 326
-
Corporate
-
29 000
-
-
income
-
5 800
-
-
total
-
5 800
-
-
Dividends
-
23 200
-
-
total
-
-
-
-
Income
29 000
29 000
29 000
29 000
Total tax
13 000
5 800
10 141
11 310
After tax
16 000
23 200
18 859
17 690
Living cost
22 748
22 748
22 748
22 748
Free-cash
-6 748
452
-3 889
-5 058

Estimated living cost  is ₽22748 per week

₽15603
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10694
-₽5648
-₽18613
-₽2567
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
241
health
-
-
-
2 078
income
-
-
-
3 969
pensions
-
-
-
3 964
other
-
-
-
353
total
-
-
-
10 605
Employee
32 974
-
24 090
-
pensions
3 713
-
2 713
-
health
3 775
-
2 759
-
income
4 524
-
3 305
-
total
12 012
-
8 777
-
Employer
32 974
-
24 090
-
pensions
5 362
-
3 917
-
unemployment
808
-
590
-
accident
550
-
402
-
total
6 720
-
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
18 732
26 651
13 686
10 605
After tax
10 268
2 349
15 314
18 395
Living cost
20 962
20 962
20 962
20 962
Free-cash
-10 694
-18 613
-5 648
-2 567

Estimated living cost  is ₽20962 per week

₽15363
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4000
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18309
₽15418
₽19768
₽20928
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 727
-
29 000
-
income
1 945
-
5 800
-
total
1 945
-
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%.

19 273
29 000
-
-
total
-
-
-
-
Dividends
19 273
29 000
-
-
withholding
964
1 450
-
-
total
964
1 450
-
-
Income
29 000
29 000
29 000
29 000
Total tax
2 909
1 450
5 800
290
After tax
26 091
27 550
23 200
28 710
Living cost
7 782
7 782
7 782
7 782
Free-cash
18 309
19 768
15 418
20 928

Estimated living cost  is ₽7782 per week

₽4823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽214
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2099
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13812
-₽8094
-₽3787
-₽9394
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
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.

-
-
-
6 961
other
-
-
-
1 378
total
-
-
-
13 299
Employee
34 196
-
23 163
-
unemployment
341
-
232
-
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.

2 393
-
1 621
-
health
479
-
323
-
income
5 887
-
3 987
-
total
9 100
-
6 163
-
Employer
34 196
-
23 163
-
pensions

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

5 814
-
3 937
-
other
1 710
-
1 158
-
health
479
-
323
-
unemployment
341
-
232
-
accident
273
-
186
-
total
8 617
-
5 836
-
Corporate
-
29 000
-
-
income
-
6 089
-
-
total
-
6 089
-
-
Dividends
-
22 911
-
-
withholding
-
1 603
-
-
total
-
1 603
-
-
Income
29 000
29 000
29 000
29 000
Total tax
17 717
7 692
11 999
13 299
After tax
11 283
21 308
17 001
15 701
Living cost
25 095
25 095
25 095
25 095
Free-cash
-13 812
-3 787
-8 094
-9 394

Estimated living cost  is ₽25095 per week

₽17731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1694
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
-₽70565
-₽41689
-₽40161
-₽39541
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 586
pensions
-
-
-
1 066
total
-
-
-
6 652
Employee
87 564
-
26 573
-
pensions
8 447
-
1 129
-
health
1 443
-
194
-
income
15 784
-
5 050
-
total
25 674
-
6 373
-
Employer
87 564
-
26 573
-
pensions
10 339
-
1 922
-
health
1 663
-
505
-
total
12 002
-
2 427
-
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.

-
5 511
-
-
total
-
5 511
-
-
Dividends
-
23 489
-
-
withholding
-
1 761
-
-
total
-
1 761
-
-
Income
29 000
29 000
29 000
29 000
Total tax
37 676
7 272
8 800
6 652
After tax
-8 676
21 728
20 200
22 348
Living cost
61 889
61 889
61 889
61 889
Free-cash
-70 565
-40 161
-41 689
-39 541

Estimated living cost  is ₽61889 per week

₽46375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7272
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7740
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽8064
₽5953
₽12440
₽4553
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 334
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
-
-
-
12 092
Employee
16 359
-
24 243
-
accident

We are using the highest rate at 1.1%.

180
-
267
-
pensions

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

1 436
-
2 128
-
health
752
-
1 115
-
income
1 636
-
2 425
-
total
4 004
-
5 935
-
Employer
16 359
-
24 243
-
pensions

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

1 803
-
2 672
-
health
1 129
-
1 673
-
unemployment
98
-
145
-
accident

We are using the highest rate at 1.1%.

180
-
267
-
total
3 210
-
4 757
-
Corporate
9 431
29 000
-
-
income
943
2 900
-
-
total
943
2 900
-
-
Dividends
8 488
26 100
-
-
withholding
424
1 305
-
-
total
424
1 305
-
-
Income
29 000
29 000
29 000
29 000
Total tax
8 581
4 205
10 692
12 092
After tax
20 419
24 795
18 308
16 908
Living cost
12 355
12 355
12 355
12 355
Free-cash
8 064
12 440
5 953
4 553

Estimated living cost  is ₽12355 per week

₽7213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽882
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽327
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3932
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽73607
-₽77296
-₽72009
-₽35505
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 452
income
-
-
-
2 609
pensions
-
-
-
5 219
total
-
-
-
12 280
Employee
87 318
80 427
80 427
-
pensions
11 035
11 035
14 477
-
health
10 893
10 500
12 345
-
income

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

13 165
13 165
13 165
-
total
35 093
34 700
39 987
-
Employer
87 318
80 427
80 427
-
pensions
6 077
5 598
5 598
-
health
6 068
5 591
5 591
-
unemployment
3 144
2 895
2 895
-
total
15 289
14 084
14 084
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
29 000
29 000
29 000
29 000
Total tax
50 382
48 784
54 071
12 280
After tax
-21 382
-19 784
-25 071
16 720
Living cost
52 225
52 225
52 225
52 225
Free-cash
-73 607
-72 009
-77 296
-35 505

Estimated living cost  is ₽52225 per week

₽38524
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4665
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8438
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17095
-₽8675
-₽3425
-₽9267
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
34 399
-
21 642
-
solidarity contribution
-
-
-
-
health
4 644
-
2 922
-
social contributions
2 236
-
1 407
-
income
4 128
-
2 597
-
total
11 008
-
6 926
-
Employer
34 399
-
21 642
-
health
3 096
-
1 948
-
social contributions
8 600
-
5 410
-
total
11 696
-
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
22 704
9 034
14 284
14 876
After tax
6 296
19 966
14 716
14 124
Living cost
23 391
23 391
23 391
23 391
Free-cash
-17 095
-3 425
-8 675
-9 267

Estimated living cost  is ₽23391 per week

₽16248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5019
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽54702
-₽25331
-₽24269
-₽23590
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 458
municipal
-
-
-
172
regional
-
-
-
265
national
-
-
-
4 954
total
-
-
-
12 849
Employee
83 702
-
29 000
-
regional
790
-
236
-
municipal
443
-
154
-
national
14 504
-
4 422
-
social contributions
28 224
-
9 778
-
total
43 961
-
14 590
-
Employer
83 702
-
29 000
-
total
-
-
-
-
Corporate
-
29 000
-
-
municipal
-
1 131
-
-
nationa
-
6 960
-
-
total
-
8 091
-
-
Dividends
-
20 909
-
-
withholding
-
5 437
-
-
total
-
5 437
-
-
Income
29 000
29 000
29 000
29 000
Total tax
43 961
13 528
14 590
12 849
After tax
-14 961
15 472
14 410
16 151
Living cost
39 741
39 741
39 741
39 741
Free-cash
-54 702
-24 269
-25 331
-23 590

Estimated living cost  is ₽39741 per week

₽27703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽609
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8822
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8702
-₽4720
-₽2542
-₽4042
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 059
income
-
-
-
4 186
surtax
-
-
-
-
pensions
-
-
-
5 800
other
-
-
-
-
unemployment
-
-
-
214
total
-
-
-
12 259
Employee
31 145
-
23 956
-
unemployment
2 168
-
1 668
-
pensions
2 077
-
1 598
-
health
795
-
611
-
income
5 221
-
4 016
-
other
-
-
-
-
surtax
102
-
-
-
total
10 363
-
7 893
-
Employer
31 145
-
23 956
-
pensions
4 152
-
3 194
-
other
-
-
-
-
health
1 417
-
1 090
-
unemployment
987
-
760
-
total
6 556
-
5 044
-
Corporate
-
29 000
-
-
income
-
7 540
-
-
total
-
7 540
-
-
Dividends
-
21 460
-
-
withholding
-
3 219
-
-
total
-
3 219
-
-
Income
29 000
29 000
29 000
29 000
Total tax
16 919
10 759
12 937
12 259
After tax
12 081
18 241
16 063
16 741
Living cost
20 783
20 783
20 783
20 783
Free-cash
-8 702
-2 542
-4 720
-4 042

Estimated living cost  is ₽20783 per week

₽12707
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1918
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5678
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽37150
-₽22081
-₽20553
-₽19933
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 586
pensions
-
-
-
1 066
total
-
-
-
6 652
Employee
58 683
-
26 573
-
pensions
4 981
-
1 129
-
health
852
-
194
-
income
10 569
-
5 050
-
total
16 402
-
6 373
-
Employer
58 683
-
26 573
-
pensions
6 352
-
1 922
-
health
1 115
-
505
-
total
7 467
-
2 427
-
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.

-
5 511
-
-
total
-
5 511
-
-
Dividends
-
23 489
-
-
withholding
-
1 761
-
-
total
-
1 761
-
-
Income
29 000
29 000
29 000
29 000
Total tax
23 869
7 272
8 800
6 652
After tax
5 131
21 728
20 200
22 348
Living cost
42 281
42 281
42 281
42 281
Free-cash
-37 150
-20 553
-22 081
-19 933

Estimated living cost  is ₽42281 per week

₽31677
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3169
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6992
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽66850
-₽52639
-₽61519
-₽49864
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
244
pensions
-
-
-
2 668
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.

-
-
-
580
regional
-
-
-
288
city
-
-
-
303
national
-
-
-
-
total
-
-
-
4 083
Employee
87 513
-
25 262
-
unemployment
-
-
-
-
pensions
7 352
-
2 896
-
regional
2 866
-
184
-
national
414
-
-
-
health
198
-
58
-
city
939
-
261
-
total
11 769
-
3 399
-
Employer
87 513
-
25 262
-
pensions
7 352
-
2 896
-
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.

1 750
-
505
-
health
198
-
58
-
unemployment
-
-
-
-
total
9 300
-
3 459
-
Corporate
-
29 000
-
-
regional
-
6 133
-
-
national
-
2 464
-
-
total
-
8 597
-
-
Dividends
-
20 403
-
-
withholding
-
7 141
-
-
total
-
7 141
-
-
Income
29 000
29 000
29 000
29 000
Total tax
21 069
15 738
6 858
4 083
After tax
7 931
13 262
22 142
24 917
Living cost
74 781
74 781
74 781
74 781
Free-cash
-66 850
-61 519
-52 639
-49 864

Estimated living cost  is ₽74781 per week

₽48629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽918
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽27601
-₽21712
-₽28593
-₽21712
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 434
trade
-
-
-
-
income

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

-
-
-
1 074
surtax

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

-
-
-
59
total
-
-
-
7 567
Employee

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

56 601
-
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.

6 434
-
6 434
-
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.

6 656
-
1 074
-
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.

366
-
59
-
total
13 456
-
7 567
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
29 000
-
-
income
-
4 350
-
-
chamber of commerce
-
184
-
-
surtax

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

-
239
-
-
trade
-
4 974
-
-
total
-
9 747
-
-
Dividends
-
19 252
-
-
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.

-
245
-
-
withholding
-
4 456
-
-
total
-
4 701
-
-
Income
29 000
29 000
29 000
29 000
Total tax
13 456
14 448
7 567
7 567
After tax
15 544
14 552
21 433
21 433
Living cost
43 145
43 145
43 145
43 145
Free-cash
-27 601
-28 593
-21 712
-21 712

Estimated living cost  is ₽43145 per week

₽31511
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3451
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23896
-₽13431
-₽17605
-₽14279
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
828
health
-
-
-
252
income
-
-
-
45
surtax
-
-
-
-
pensions
-
-
-
9 033
other
-
-
-
899
total
-
-
-
11 057
Employee
40 308
-
22 098
-
pensions
4 558
-
2 497
-
social contributions
1 149
-
631
-
income
2 379
-
179
-
surtax
-
-
-
-
total
8 086
-
3 307
-
Employer
40 308
-
22 098
-
pensions
6 622
-
3 632
-
other
1 390
-
763
-
health
2 822
-
1 546
-
unemployment
1 632
-
895
-
social contributions
122
-
66
-
total
12 588
-
6 902
-
Corporate
-
29 000
-
-
income
-
8 120
-
-
surtax
-
-
-
-
total
-
8 120
-
-
Dividends
-
20 880
-
-
surtax
-
-
-
-
social contributions
-
3 591
-
-
withholding
-
2 672
-
-
total
-
6 263
-
-
Income
29 000
29 000
29 000
29 000
Total tax
20 674
14 383
10 209
11 057
After tax
8 326
14 617
18 791
17 943
Living cost
32 222
32 222
32 222
32 222
Free-cash
-23 896
-17 605
-13 431
-14 279

Estimated living cost  is ₽32222 per week

₽20318
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18217
-₽10239
-₽14413
-₽11087
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
828
health
-
-
-
252
income
-
-
-
45
surtax
-
-
-
-
pensions
-
-
-
9 033
other
-
-
-
899
total
-
-
-
11 057
Employee
35 981
-
22 098
-
pensions
4 070
-
2 497
-
social contributions
1 026
-
631
-
income
1 855
-
179
-
surtax
-
-
-
-
total
6 951
-
3 307
-
Employer
35 981
-
22 098
-
pensions
5 912
-
3 632
-
other
1 242
-
763
-
health
2 518
-
1 546
-
unemployment
1 457
-
895
-
social contributions
107
-
66
-
total
11 236
-
6 902
-
Corporate
-
29 000
-
-
income
-
8 120
-
-
surtax
-
-
-
-
total
-
8 120
-
-
Dividends
-
20 880
-
-
surtax
-
-
-
-
social contributions
-
3 591
-
-
withholding
-
2 672
-
-
total
-
6 263
-
-
Income
29 000
29 000
29 000
29 000
Total tax
18 187
14 383
10 209
11 057
After tax
10 813
14 617
18 791
17 943
Living cost
29 030
29 030
29 030
29 030
Free-cash
-18 217
-14 413
-10 239
-11 087

Estimated living cost  is ₽29030 per week

₽16836
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2949
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.
₽8695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5406
-₽1650
-₽2277
-₽1348
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 002
health
-
-
-
2 025
income
-
-
-
4 350
total
-
-
-
10 377
Employee
31 933
-
29 000
-
health
2 229
-
2 025
-
social contributions
4 407
-
4 002
-
income
5 326
-
4 652
-
total
11 962
-
10 679
-
Employer
31 933
-
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%.

-
1 449
-
-
total
-
1 449
-
-
Dividends
-
27 551
-
-
health
831
1 923
-
-
social contributions
1 642
3 802
-
-
withholding
-
4 132
-
-
total
2 473
9 857
-
-
Income
29 000
29 000
29 000
29 000
Total tax
14 435
11 306
10 679
10 377
After tax
14 565
17 694
18 321
18 623
Living cost
19 971
19 971
19 971
19 971
Free-cash
-5 406
-2 277
-1 650
-1 348

Estimated living cost  is ₽19971 per week

₽13365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4913
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽32691
-₽23722
-₽25633
-₽17847
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 218
surtax
-
-
-
186
income
-
-
-
-
chamber of commerce
-
-
-
116
pensions
-
-
-
5 365
unemployment
-
-
-
5 776
total
-
-
-
13 661
Employee
47 067
37 533
37 533
-
unemployment
1 412
1 126
643
-
pensions
4 820
3 843
2 198
-
health
1 821
1 453
831
-
income
5 358
2 768
3 644
-
other
470
375
214
-
total
13 881
9 565
7 530
-
Employer
47 067
37 533
37 533
-
chamber of commerce
188
150
150
-
pensions
5 907
4 711
2 693
-
other
2 236
1 782
1 646
-
health
1 778
1 419
811
-
unemployment
1 412
1 126
643
-
accident
611
488
279
-
surtax
186
186
186
-
payroll
1 412
1 126
1 126
-
total
13 730
10 988
7 534
-
Corporate
3 575
3 575
17 890
-
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.

894
894
4 472
-
total
894
894
4 472
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
29 000
29 000
29 000
29 000
Total tax
28 505
21 447
19 536
13 661
After tax
495
7 553
9 464
15 339
Living cost
33 186
33 186
33 186
33 186
Free-cash
-32 691
-25 633
-23 722
-17 847

Estimated living cost  is ₽33186 per week

₽22133
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2831
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7676
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽57980
-₽20859
-₽17838
-₽15671
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 004
communal

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

-
-
-
1 680
national
-
-
-
7 647
total
-
-
-
10 331
Employee

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

67 368
-
22 457
-
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.

586
-
195
-
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.

5 053
-
1 684
-
national
20 712
-
4 881
-
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.

3 165
-
1 054
-
communal

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

3 514
-
1 171
-
total
33 030
-
8 985
-
Employer

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

67 368
-
22 457
-
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.

5 969
-
1 989
-
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.

4 143
-
1 380
-
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.

983
-
327
-
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.

876
-
293
-
surtax
7 639
-
2 545
-
total
19 610
-
6 534
-
Corporate
-
29 000
-
-
income
-
5 800
-
-
surtax
-
116
-
-
total
-
5 916
-
-
Dividends
-
23 084
-
-
withholding

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

-
6 582
-
-
total
-
6 582
-
-
Income
29 000
29 000
29 000
29 000
Total tax
52 640
12 498
15 519
10 331
After tax
-23 640
16 502
13 481
18 669
Living cost
34 340
34 340
34 340
34 340
Free-cash
-57 980
-17 838
-20 859
-15 671

Estimated living cost  is ₽34340 per week

₽22119
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3003
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽32826
-₽20264
-₽14324
-₽17571
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
261
income
-
-
-
3 857
pensions
-
-
-
8 207
other
-
-
-
29
unemployment
-
-
-
204
total
-
-
-
12 558
Employee
46 881
-
18 973
-
unemployment
727
-
488
-
pensions
2 204
-
1 478
-
income
9 892
-
3 226
-
other
46
-
32
-
total
12 869
-
5 224
-
Employer
46 881
-
18 973
-
pensions
11 063
-
7 423
-
other
374
-
252
-
unemployment
2 579
-
1 730
-
accident
928
-
622
-
total
14 944
-
10 027
-
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
-
4 961
-
-
total
-
4 961
-
-
Income
29 000
29 000
29 000
29 000
Total tax
27 813
9 311
15 251
12 558
After tax
1 187
19 689
13 749
16 442
Living cost
34 013
34 013
34 013
34 013
Free-cash
-32 826
-14 324
-20 264
-17 571

Estimated living cost  is ₽34013 per week

₽25047
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2413
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6062
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽50844
-₽34382
-₽31340
-₽34381
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
404
health
-
-
-
3 360
income
-
-
-
-
surtax
-
-
-
1 265
pensions
-
-
-
7 170
communal
-
-
-
-
total
-
-
-
12 199
Employee
71 323
-
23 644
-
pensions
5 705
-
3 585
-
health
3 174
-
1 995
-
income
6 889
-
-
-
surtax
4 372
-
1 264
-
total
20 140
-
6 844
-
Employer
71 323
-
23 644
-
pensions
5 705
-
3 585
-
health
2 175
-
1 367
-
accident
642
-
404
-
total
8 522
-
5 356
-
Corporate
-
29 000
-
-
income
-
4 350
-
-
communal
-
-
-
-
surtax
-
304
-
-
total
-
4 654
-
-
Dividends
-
24 346
-
-
income
-
853
-
-
withholding
-
3 651
-
-
total
-
4 504
-
-
Income
29 000
29 000
29 000
29 000
Total tax
28 662
9 158
12 200
12 199
After tax
338
19 842
16 800
16 801
Living cost
51 182
51 182
51 182
51 182
Free-cash
-50 844
-31 340
-34 382
-34 381

Estimated living cost  is ₽51182 per week

₽38394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3101
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9394
-₽5091
-₽2913
-₽4413
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 059
income
-
-
-
4 186
surtax
-
-
-
-
pensions
-
-
-
5 800
other
-
-
-
-
unemployment
-
-
-
214
total
-
-
-
12 259
Employee
31 717
-
23 956
-
unemployment
2 207
-
1 668
-
pensions
2 116
-
1 598
-
health
810
-
611
-
income
5 317
-
4 016
-
other
-
-
-
-
surtax
113
-
-
-
total
10 563
-
7 893
-
Employer
31 717
-
23 956
-
pensions
4 229
-
3 194
-
other
-
-
-
-
health
1 442
-
1 090
-
unemployment
1 006
-
760
-
total
6 677
-
5 044
-
Corporate
-
29 000
-
-
income
-
7 540
-
-
total
-
7 540
-
-
Dividends
-
21 460
-
-
withholding
-
3 219
-
-
total
-
3 219
-
-
Income
29 000
29 000
29 000
29 000
Total tax
17 240
10 759
12 937
12 259
After tax
11 760
18 241
16 063
16 741
Living cost
21 154
21 154
21 154
21 154
Free-cash
-9 394
-2 913
-5 091
-4 413

Estimated living cost  is ₽21154 per week

₽12772
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1839
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.
₽6053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23244
-₽11114
-₽10127
-₽9392
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 458
municipal
-
-
-
172
regional
-
-
-
438
national
-
-
-
4 954
total
-
-
-
13 022
Employee
52 244
-
29 000
-
regional
703
-
390
-
municipal
277
-
154
-
national
8 277
-
4 422
-
social contributions
17 617
-
9 778
-
total
26 874
-
14 744
-
Employer
52 244
-
29 000
-
total
-
-
-
-
Corporate
-
29 000
-
-
municipal
-
1 441
-
-
nationa
-
6 960
-
-
total
-
8 401
-
-
Dividends
-
20 600
-
-
withholding
-
5 356
-
-
total
-
5 356
-
-
Income
29 000
29 000
29 000
29 000
Total tax
26 874
13 757
14 744
13 022
After tax
2 126
15 243
14 256
15 978
Living cost
25 370
25 370
25 370
25 370
Free-cash
-23 244
-10 127
-11 114
-9 392

Estimated living cost  is ₽25370 per week

₽15778
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.
₽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.
₽6588
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27800
-₽14108
-₽8858
-₽14700
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
42 388
-
21 642
-
solidarity contribution
-
-
-
-
health
5 722
-
2 922
-
social contributions
2 755
-
1 407
-
income
5 087
-
2 597
-
total
13 564
-
6 926
-
Employer
42 388
-
21 642
-
health
3 815
-
1 948
-
social contributions
10 597
-
5 410
-
total
14 412
-
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
27 976
9 034
14 284
14 876
After tax
1 024
19 966
14 716
14 124
Living cost
28 824
28 824
28 824
28 824
Free-cash
-27 800
-8 858
-14 108
-14 700

Estimated living cost  is ₽28824 per week

₽21435
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1597
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24909
-₽20491
-₽22308
-₽14522
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 218
surtax
-
-
-
-
income
-
-
-
-
chamber of commerce
-
-
-
116
pensions
-
-
-
5 365
unemployment
-
-
-
5 776
total
-
-
-
13 475
Employee
41 169
37 533
37 533
-
unemployment
1 235
1 126
649
-
pensions
4 216
3 843
2 214
-
health
1 592
1 453
836
-
income
3 667
2 768
3 634
-
other
411
375
216
-
total
11 121
9 565
7 549
-
Employer
41 169
37 533
37 533
-
chamber of commerce
164
150
150
-
pensions
5 167
4 711
2 713
-
other
1 955
1 782
1 648
-
health
1 557
1 419
817
-
unemployment
1 235
1 126
649
-
accident
534
488
281
-
surtax
-
-
-
-
payroll
1 235
1 126
1 126
-
total
11 847
10 802
7 384
-
Corporate
3 575
3 575
18 042
-
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.

894
894
4 511
-
total
894
894
4 511
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
29 000
29 000
29 000
29 000
Total tax
23 862
21 261
19 444
13 475
After tax
5 138
7 739
9 556
15 525
Living cost
30 047
30 047
30 047
30 047
Free-cash
-24 909
-22 308
-20 491
-14 522

Estimated living cost  is ₽30047 per week

₽18025
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3069
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.
₽8418
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13149
₽11073
₽15423
₽16583
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 159
-
29 000
-
income
3 032
-
5 800
-
total
3 032
-
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%.

13 841
29 000
-
-
total
-
-
-
-
Dividends
13 841
29 000
-
-
withholding
692
1 450
-
-
total
692
1 450
-
-
Income
29 000
29 000
29 000
29 000
Total tax
3 724
1 450
5 800
290
After tax
25 276
27 550
23 200
28 710
Living cost
12 127
12 127
12 127
12 127
Free-cash
13 149
15 423
11 073
16 583

Estimated living cost  is ₽12127 per week

₽8206
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽509
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3004
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19132
-₽9414
-₽5294
-₽8494
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 852
income
-
-
-
4 042
pensions
-
-
-
5 296
unemployment
-
-
-
43
total
-
-
-
12 233
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.

41 647
-
25 093
-
unemployment
59
-
36
-
pensions
6 456
-
3 889
-
health
2 690
-
1 621
-
income
7 182
-
3 700
-
total
16 387
-
9 246
-
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.

41 647
-
25 093
-
pensions
3 685
-
2 222
-
health
2 774
-
1 671
-
unemployment
25
-
14
-
total
6 484
-
3 907
-
Corporate
-
29 000
-
-
income
-
5 510
-
-
total
-
5 510
-
-
Dividends
-
23 490
-
-
withholding
-
3 523
-
-
total
-
3 523
-
-
Income
29 000
29 000
29 000
29 000
Total tax
22 871
9 033
13 153
12 233
After tax
6 129
19 967
15 847
16 767
Living cost
25 261
25 261
25 261
25 261
Free-cash
-19 132
-5 294
-9 414
-8 494

Estimated living cost  is ₽25261 per week

₽17336
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1619
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5818
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽112730
-₽25419
-₽23371
-₽20974
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
58 809
-
4 773
-
social contributions
4 822
-
687
-
income
12 972
-
899
-
total
17 794
-
1 586
-
Employer
58 809
-
4 773
-
social contributions
82 921
-
11 818
-
total
82 921
-
11 818
-
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
100 715
11 356
13 404
8 959
After tax
-71 715
17 644
15 596
20 041
Living cost
41 015
41 015
41 015
41 015
Free-cash
-112 730
-23 371
-25 419
-20 974

Estimated living cost  is ₽41015 per week

₽26612
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10023
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24604
-₽12499
-₽13045
-₽12313
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 693
surtax
-
-
-
-
total
-
-
-
11 771
Employee
43 316
-
23 434
-
social contributions
4 765
-
2 577
-
income
9 010
-
3 814
-
surtax
-
-
-
-
total
13 775
-
6 391
-
Employer
43 316
-
23 434
-
social contributions
10 287
-
5 566
-
total
10 287
-
5 566
-
Corporate
-
29 000
-
-
income
-
6 089
-
-
surtax
-
-
-
-
total
-
6 089
-
-
Dividends
-
22 911
-
-
withholding
-
6 414
-
-
total
-
6 414
-
-
Income
29 000
29 000
29 000
29 000
Total tax
24 062
12 503
11 957
11 771
After tax
4 938
16 497
17 043
17 229
Living cost
29 542
29 542
29 542
29 542
Free-cash
-24 604
-13 045
-12 499
-12 313

Estimated living cost  is ₽29542 per week

₽22103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1743
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.
₽5203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
-₽48411
-₽26697
-₽30871
-₽27545
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
828
health
-
-
-
252
income
-
-
-
45
surtax
-
-
-
-
pensions
-
-
-
9 033
other
-
-
-
899
total
-
-
-
11 057
Employee
58 987
-
22 098
-
pensions
6 672
-
2 497
-
social contributions
1 680
-
631
-
income
5 147
-
179
-
surtax
-
-
-
-
total
13 499
-
3 307
-
Employer
58 987
-
22 098
-
pensions
9 692
-
3 632
-
other
2 036
-
763
-
health
4 129
-
1 546
-
unemployment
2 390
-
895
-
social contributions
177
-
66
-
total
18 424
-
6 902
-
Corporate
-
29 000
-
-
income
-
8 120
-
-
surtax
-
-
-
-
total
-
8 120
-
-
Dividends
-
20 880
-
-
surtax
-
-
-
-
social contributions
-
3 591
-
-
withholding
-
2 672
-
-
total
-
6 263
-
-
Income
29 000
29 000
29 000
29 000
Total tax
31 923
14 383
10 209
11 057
After tax
-2 923
14 617
18 791
17 943
Living cost
45 488
45 488
45 488
45 488
Free-cash
-48 411
-30 871
-26 697
-27 545

Estimated living cost  is ₽45488 per week

₽30786
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3721
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽624
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5971
-₽4833
-₽2211
-₽5691
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 381
income
-
-
-
-
total
-
-
-
6 381
Employee
30 278
-
25 109
-
social contributions
1 968
-
1 632
-
income
-
-
-
-
total
1 968
-
1 632
-
Employer
30 278
-
25 109
-
social contributions
4 693
-
3 891
-
total
4 693
-
3 891
-
Corporate
-
29 000
-
-
income
-
2 901
-
-
total
-
2 901
-
-
Dividends
-
26 099
-
-
total
-
-
-
-
Income
29 000
29 000
29 000
29 000
Total tax
6 661
2 901
5 523
6 381
After tax
22 339
26 099
23 477
22 619
Living cost
28 310
28 310
28 310
28 310
Free-cash
-5 971
-2 211
-4 833
-5 691

Estimated living cost  is ₽28310 per week

₽18305
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2134
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7339
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽176042
-₽176042
-₽176042
-₽24887
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
3 410
pensions
-
-
-
816
labour market
-
-
-
2 255
national
-
-
-
2 083
total
-
-
-
8 564
Employee
191 297
191 297
191 297
-
pensions
272
272
272
-
municipal
40 736
40 736
40 736
-
national
23 370
23 370
23 370
-
labour market
15 282
15 282
15 282
-
total
79 660
79 660
79 660
-
Employer
191 297
191 297
191 297
-
municipal
40 800
40 800
40 800
-
pensions
544
544
544
-
national
23 411
23 411
23 411
-
labour market
15 304
15 304
15 304
-
total
80 059
80 059
80 059
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
29 000
29 000
29 000
29 000
Total tax
159 719
159 719
159 719
8 564
After tax
-130 719
-130 719
-130 719
20 436
Living cost
45 323
45 323
45 323
45 323
Free-cash
-176 042
-176 042
-176 042
-24 887

Estimated living cost  is ₽45323 per week

₽31019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4009
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽697
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10107
-₽5338
-₽18303
-₽2257
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
241
health
-
-
-
2 078
income
-
-
-
3 969
pensions
-
-
-
3 964
other
-
-
-
353
total
-
-
-
10 605
Employee
32 488
-
24 090
-
pensions
3 658
-
2 713
-
health
3 720
-
2 759
-
income
4 457
-
3 305
-
total
11 835
-
8 777
-
Employer
32 488
-
24 090
-
pensions
5 282
-
3 917
-
unemployment
796
-
590
-
accident
542
-
402
-
total
6 620
-
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
18 455
26 651
13 686
10 605
After tax
10 545
2 349
15 314
18 395
Living cost
20 652
20 652
20 652
20 652
Free-cash
-10 107
-18 303
-5 338
-2 257

Estimated living cost  is ₽20652 per week

₽15033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4055
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29902
-₽17803
-₽16090
-₽12423
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
54
municipal
-
-
-
5 210
national
-
-
-
-
total
-
-
-
5 264
Employee
49 551
-
24 396
-
unemployment
744
-
366
-
pensions
3 344
-
1 646
-
municipal
8 116
-
4 028
-
national
819
-
-
-
health
370
-
-
-
total
13 393
-
6 040
-
Employer
49 551
-
24 396
-
pensions
8 597
-
4 232
-
health
381
-
188
-
unemployment
322
-
159
-
accident
50
-
25
-
total
9 350
-
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
-
3 131
-
-
total
-
3 131
-
-
Income
29 000
29 000
29 000
29 000
Total tax
22 743
8 931
10 644
5 264
After tax
6 257
20 069
18 356
23 736
Living cost
36 159
36 159
36 159
36 159
Free-cash
-29 902
-16 090
-17 803
-12 423

Estimated living cost  is ₽36159 per week

₽23619
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3478
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8488
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7337
-₽6199
-₽14103
₽696
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 803
social contributions
-
-
-
5 585
health
-
-
-
913
income
-
-
-
-
total
-
-
-
6 498
Employee
72 421
72 421
72 421
-
health
561
1 231
447
-
social contributions
2 738
6 011
2 186
-
income
7 885
6 704
8 086
-
total
11 184
13 946
10 719
-
Employer
72 421
72 421
72 421
-
health
609
1 340
488
-
social contributions
2 738
6 011
2 186
-
total
3 347
7 351
2 674
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
29 000
29 000
29 000
29 000
Total tax
14 531
21 297
13 393
6 498
After tax
14 469
7 703
15 607
22 502
Living cost
21 806
21 806
21 806
21 806
Free-cash
-7 337
-14 103
-6 199
696

Estimated living cost  is ₽21806 per week

₽13068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2139
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6116
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4271
₽3165
₽9063
₽2801
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 408
income
-
-
-
1 820
pensions
-
-
-
5 991
unemployment
-
-
-
27
total
-
-
-
11 246
Employee

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

21 618
-
26 291
-
unemployment
107
-
132
-
pensions
3 242
-
3 943
-
health
1 837
-
2 234
-
income
1 478
-
1 864
-
total
6 664
-
8 173
-
Employer

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

21 618
-
26 291
-
pensions
1 189
-
1 446
-
health
929
-
1 131
-
unemployment
107
-
132
-
total
2 225
-
2 709
-
Corporate
5 157
29 000
-
-
income
465
2 609
-
-
total
465
2 609
-
-
Dividends
4 692
26 391
-
-
withholding
422
2 375
-
-
total
422
2 375
-
-
Income
29 000
29 000
29 000
29 000
Total tax
9 776
4 984
10 882
11 246
After tax
19 224
24 016
18 118
17 754
Living cost
14 953
14 953
14 953
14 953
Free-cash
4 271
9 063
3 165
2 801

Estimated living cost  is ₽14953 per week

₽9540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1078
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3889
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16927
-₽12150
-₽6210
-₽9457
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
261
income
-
-
-
3 857
pensions
-
-
-
8 207
other
-
-
-
29
unemployment
-
-
-
204
total
-
-
-
12 558
Employee
34 824
-
18 973
-
unemployment
540
-
488
-
pensions
1 637
-
1 478
-
income
6 714
-
3 226
-
other
34
-
32
-
total
8 925
-
5 224
-
Employer
34 824
-
18 973
-
pensions
8 218
-
7 423
-
other
279
-
252
-
unemployment
1 916
-
1 730
-
accident
690
-
622
-
total
11 103
-
10 027
-
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
-
4 961
-
-
total
-
4 961
-
-
Income
29 000
29 000
29 000
29 000
Total tax
20 028
9 311
15 251
12 558
After tax
8 972
19 689
13 749
16 442
Living cost
25 899
25 899
25 899
25 899
Free-cash
-16 927
-6 210
-12 150
-9 457

Estimated living cost  is ₽25899 per week

₽17481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2490
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15941
₽15783
₽16246
₽15914
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
978
income
-
-
-
8 909
pensions
-
-
-
1 349
total
-
-
-
11 236
Employee
2 817
-
27 482
-
unemployment
28
-
67
-
pensions
254
-
607
-
health
141
-
337
-
income
545
-
8 838
-
total
968
-
9 849
-
Employer
2 817
-
27 482
-
pensions
310
-
742
-
health
268
-
641
-
unemployment
56
-
135
-
total
634
-
1 518
-
Corporate
25 549
29 000
-
-
income
5 621
6 380
-
-
total
5 621
6 380
-
-
Dividends
19 928
22 620
-
-
withholding
3 986
4 524
-
-
total
3 986
4 524
-
-
Income
29 000
29 000
29 000
29 000
Total tax
11 209
10 904
11 367
11 236
After tax
17 791
18 096
17 633
17 764
Living cost
1 850
1 850
1 850
1 850
Free-cash
15 941
16 246
15 783
15 914

Estimated living cost  is ₽1850 per week

₽1099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽558
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41
₽29
₽4673
-₽1219
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 977
pensions
-
-
-
7 540
unemployment
-
-
-
435
total
-
-
-
13 939
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.

24 548
-
24 597
-
unemployment
184
-
184
-
pensions
3 437
-
3 444
-
health
1 264
-
1 267
-
income
3 384
-
3 394
-
total
8 269
-
8 289
-
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.

24 548
-
24 597
-
pensions
2 946
-
2 952
-
health
1 264
-
1 267
-
unemployment
184
-
184
-
total
4 394
-
4 403
-
Corporate
57
29 000
-
-
income
9
4 350
-
-
total
9
4 350
-
-
Dividends
49
24 650
-
-
withholding
7
3 697
-
-
total
7
3 697
-
-
Income
29 000
29 000
29 000
29 000
Total tax
12 679
8 047
12 692
13 939
After tax
16 321
20 953
16 308
15 061
Living cost
16 280
16 280
16 280
16 280
Free-cash
41
4 673
29
-1 219

Estimated living cost  is ₽16280 per week

₽10961
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1259
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3588
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16235
-₽8348
-₽8894
-₽8162
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 693
surtax
-
-
-
-
total
-
-
-
11 771
Employee
36 554
-
23 434
-
social contributions
4 021
-
2 577
-
income
7 142
-
3 814
-
surtax
-
-
-
-
total
11 163
-
6 391
-
Employer
36 554
-
23 434
-
social contributions
8 681
-
5 566
-
total
8 681
-
5 566
-
Corporate
-
29 000
-
-
income
-
6 089
-
-
surtax
-
-
-
-
total
-
6 089
-
-
Dividends
-
22 911
-
-
withholding
-
6 414
-
-
total
-
6 414
-
-
Income
29 000
29 000
29 000
29 000
Total tax
19 844
12 503
11 957
11 771
After tax
9 156
16 497
17 043
17 229
Living cost
25 391
25 391
25 391
25 391
Free-cash
-16 235
-8 894
-8 348
-8 162

Estimated living cost  is ₽25391 per week

₽17983
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1764
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5194
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30988
-₽19350
-₽13410
-₽16657
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
261
income
-
-
-
3 857
pensions
-
-
-
8 207
other
-
-
-
29
unemployment
-
-
-
204
total
-
-
-
12 558
Employee
45 485
-
18 973
-
unemployment
704
-
488
-
pensions
2 138
-
1 478
-
income
9 500
-
3 226
-
other
45
-
32
-
total
12 387
-
5 224
-
Employer
45 485
-
18 973
-
pensions
10 734
-
7 423
-
other
365
-
252
-
unemployment
2 502
-
1 730
-
accident
901
-
622
-
total
14 502
-
10 027
-
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
-
4 961
-
-
total
-
4 961
-
-
Income
29 000
29 000
29 000
29 000
Total tax
26 889
9 311
15 251
12 558
After tax
2 111
19 689
13 749
16 442
Living cost
33 099
33 099
33 099
33 099
Free-cash
-30 988
-13 410
-19 350
-16 657

Estimated living cost  is ₽33099 per week

₽23771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6289
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2842
₽2098
₽8585
₽698
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 334
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
-
-
-
12 092
Employee
21 464
-
24 243
-
accident

We are using the highest rate at 1.1%.

236
-
267
-
pensions

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

1 884
-
2 128
-
health
987
-
1 115
-
income
2 147
-
2 425
-
total
5 254
-
5 935
-
Employer
21 464
-
24 243
-
pensions

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

2 365
-
2 672
-
health
1 481
-
1 673
-
unemployment
129
-
145
-
accident

We are using the highest rate at 1.1%.

236
-
267
-
total
4 211
-
4 757
-
Corporate
3 325
29 000
-
-
income
333
2 900
-
-
total
333
2 900
-
-
Dividends
2 992
26 100
-
-
withholding
150
1 305
-
-
total
150
1 305
-
-
Income
29 000
29 000
29 000
29 000
Total tax
9 948
4 205
10 692
12 092
After tax
19 052
24 795
18 308
16 908
Living cost
16 210
16 210
16 210
16 210
Free-cash
2 842
8 585
2 098
698

Estimated living cost  is ₽16210 per week

₽10721
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽928
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4175
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17861
-₽14928
-₽21211
-₽14928
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 434
trade
-
-
-
-
income

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

-
-
-
1 074
surtax

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

-
-
-
59
total
-
-
-
7 567
Employee

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

46 861
-
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.

6 434
-
6 434
-
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.

3 853
-
1 074
-
surtax

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

213
-
59
-
total
10 500
-
7 567
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
29 000
-
-
income
-
4 350
-
-
chamber of commerce
-
186
-
-
surtax

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

-
239
-
-
trade
-
4 161
-
-
total
-
8 936
-
-
Dividends
-
20 064
-
-
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
-
4 658
-
-
total
-
4 914
-
-
Income
29 000
29 000
29 000
29 000
Total tax
10 500
13 850
7 567
7 567
After tax
18 500
15 150
21 433
21 433
Living cost
36 361
36 361
36 361
36 361
Free-cash
-17 861
-21 211
-14 928
-14 928

Estimated living cost  is ₽36361 per week

₽25082
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3912
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6838
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽44671
-₽28448
-₽33351
-₽28448
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
947
income
-
-
-
2 851
total
-
-
-
3 798
Employee
73 671
-
29 000
-
social contributions
6 120
-
947
-
income
13 901
-
2 851
-
total
20 021
-
3 798
-
Employer
73 671
-
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
20 021
8 701
3 798
3 798
After tax
8 979
20 299
25 202
25 202
Living cost
53 650
53 650
53 650
53 650
Free-cash
-44 671
-33 351
-28 448
-28 448

Estimated living cost  is ₽53650 per week

₽40816
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4372
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7950
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21345
-₽11589
-₽18165
-₽37840
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 809
health

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

-
-
-
5 843
total
-
-
-
32 652
Employee
43 205
-
26 358
-
social contributions
4 329
-
2 642
-
income
4 688
-
1 117
-
total
9 017
-
3 759
-
Employer
43 205
-
26 358
-
social contributions
4 329
-
2 642
-
total
4 329
-
2 642
-
Corporate
-
29 000
-
-
income
-
10 150
-
-
total
-
10 150
-
-
Dividends
-
18 850
-
-
social contributions
2 811
2 827
-
-
total
2 811
2 827
-
-
Income
29 000
29 000
29 000
29 000
Total tax
16 157
12 977
6 401
32 652
After tax
12 843
16 023
22 599
-3 652
Living cost
34 188
34 188
34 188
34 188
Free-cash
-21 345
-18 165
-11 589
-37 840

Estimated living cost  is ₽34188 per week

₽22520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2695
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23845
-₽14173
-₽12645
-₽12025
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 586
pensions
-
-
-
1 066
total
-
-
-
6 652
Employee
47 182
-
26 573
-
pensions
3 601
-
1 129
-
health
615
-
194
-
income
8 592
-
5 050
-
total
12 808
-
6 373
-
Employer
47 182
-
26 573
-
pensions
4 767
-
1 922
-
health
897
-
505
-
total
5 664
-
2 427
-
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.

-
5 511
-
-
total
-
5 511
-
-
Dividends
-
23 489
-
-
withholding
-
1 761
-
-
total
-
1 761
-
-
Income
29 000
29 000
29 000
29 000
Total tax
18 472
7 272
8 800
6 652
After tax
10 528
21 728
20 200
22 348
Living cost
34 373
34 373
34 373
34 373
Free-cash
-23 845
-12 645
-14 173
-12 025

Estimated living cost  is ₽34373 per week

₽23580
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3161
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.
₽7200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽13979
-₽7383
-₽20348
-₽4302
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
241
health
-
-
-
2 078
income
-
-
-
3 969
pensions
-
-
-
3 964
other
-
-
-
353
total
-
-
-
10 605
Employee
35 703
-
24 090
-
pensions
4 020
-
2 713
-
health
4 088
-
2 759
-
income
4 898
-
3 305
-
total
13 006
-
8 777
-
Employer
35 703
-
24 090
-
pensions
5 805
-
3 917
-
unemployment
875
-
590
-
accident
596
-
402
-
total
7 276
-
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
20 282
26 651
13 686
10 605
After tax
8 718
2 349
15 314
18 395
Living cost
22 697
22 697
22 697
22 697
Free-cash
-13 979
-20 348
-7 383
-4 302

Estimated living cost  is ₽22697 per week

₽16657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1323
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.
₽4260
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7333
₽5392
₽11917
₽5392
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
5 336
unemployment
-
-
-
348
work injury
-
-
-
145
total
-
-
-
10 875
Employee

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

20 372
-
29 000
-
unemployment
244
-
348
-
pensions
3 749
-
5 336
-
work injury
102
-
145
-
income
2 037
-
2 900
-
health insurance
1 508
-
2 146
-
total
7 640
-
10 875
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
8 628
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
8 628
29 000
-
-
withholding
1 294
4 350
-
-
total
1 294
4 350
-
-
Income
29 000
29 000
29 000
29 000
Total tax
8 934
4 350
10 875
10 875
After tax
20 066
24 650
18 125
18 125
Living cost
12 733
12 733
12 733
12 733
Free-cash
7 333
11 917
5 392
5 392

Estimated living cost  is ₽12733 per week

₽7888
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3522
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

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Rome , Italy
-₽50364
-₽23224
-₽22244
-₽21498
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 458
municipal
-
-
-
193
regional
-
-
-
374
national
-
-
-
4 954
total
-
-
-
12 979
Employee
79 363
-
29 000
-
regional
1 198
-
332
-
municipal
474
-
173
-
national
13 412
-
4 422
-
social contributions
26 761
-
9 778
-
total
41 845
-
14 705
-
Employer
79 363
-
29 000
-
total
-
-
-
-
Corporate
-
29 000
-
-
municipal
-
1 398
-
-
nationa
-
6 960
-
-
total
-
8 358
-
-
Dividends
-
20 643
-
-
withholding
-
5 367
-
-
total
-
5 367
-
-
Income
29 000
29 000
29 000
29 000
Total tax
41 845
13 725
14 705
12 979
After tax
-12 845
15 275
14 295
16 021
Living cost
37 519
37 519
37 519
37 519
Free-cash
-50 364
-22 244
-23 224
-21 498

Estimated living cost  is ₽37519 per week

₽26355
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2581
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8016
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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