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
-₽5755
-₽12390
-₽5755
-₽5387
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
1 310
trade
-
-
-
-
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.

-
-
-
6 142
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.

-
-
-
72
total
-
-
-
7 524
Employee

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

34 387
-
29 000
-
surtax

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

53
-
72
-
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.

6 142
-
6 142
-
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.

961
-
1 310
-
total
7 156
-
7 524
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
29 000
-
-
income
-
4 351
-
-
trade
-
4 567
-
-
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
-
-
chamber of commerce
-
177
-
-
total
-
9 334
-
-
Dividends
-
19 666
-
-
withholding
-
4 574
-
-
surtax

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

-
251
-
-
total
-
4 825
-
-
Income
29 000
29 000
29 000
29 000
Total tax
7 156
14 159
7 524
7 524
After tax
21 844
14 841
21 476
21 476
Living cost
27 231
27 231
27 231
27 231
Free-cash
-5 387
-12 390
-5 755
-5 755

Estimated living cost  is ₽27231 per week

₽17129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3175
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6418
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27628
-₽29318
-₽27854
-₽51171
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
3 480
social contributions
-
-
-
312
municipal
-
-
-
2 215
national
-
-
-
3 433
total
-
-
-
9 440
Employee
73 501
-
25 070
-
municipal
9 079
-
2 328
-
pensions
2 940
-
1 003
-
national
14 068
-
3 607
-
total
26 087
-
6 938
-
Employer
73 501
-
25 070
-
social contributions
790
-
270
-
pensions
5 880
-
2 006
-
total
6 670
-
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
32 757
10 904
9 214
9 440
After tax
-3 757
18 096
19 786
19 560
Living cost
47 414
47 414
47 414
47 414
Free-cash
-51 171
-29 318
-27 628
-27 854

Estimated living cost  is ₽47414 per week

₽32227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4408
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽710
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10070
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2065
₽4495
₽3115
-₽3598
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
-
microenterprise
-
-
-
4 351
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.

-
-
-
2 830
surtax
-
-
-
-
total
-
-
-
7 181
Employee
26 271
-
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.

2 890
-
2 571
-
income
4 676
-
4 160
-
total
7 566
-
6 731
-
Employer
26 271
-
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.

6 328
-
5 630
-
total
6 328
-
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%.

-
5 801
-
-
total
-
5 801
-
-
Dividends

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

-
23 199
-
-
total
-
-
-
-
Income
29 000
29 000
29 000
29 000
Total tax
13 894
5 801
12 361
7 181
After tax
15 106
23 199
16 639
21 819
Living cost
18 704
18 704
18 704
18 704
Free-cash
-3 598
4 495
-2 065
3 115

Estimated living cost  is ₽18704 per week

₽11933
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1781
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4566
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽60278
-₽55231
-₽20944
-₽60278
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 000
income
-
-
-
2 610
pensions
-
-
-
5 221
health
-
-
-
4 451
total
-
-
-
12 282
Employee
76 775
76 775
76 775
-
pensions
13 820
10 534
13 820
-
health
11 784
10 023
11 784
-
income

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

12 567
12 567
12 567
-
total
38 171
33 124
38 171
-
Employer
76 775
76 775
76 775
-
health
5 337
5 337
5 337
-
unemployment
2 764
2 764
2 764
-
pensions
5 344
5 344
5 344
-
total
13 445
13 445
13 445
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
29 000
29 000
29 000
29 000
Total tax
51 616
46 569
51 616
12 282
After tax
-22 616
-17 569
-22 616
16 718
Living cost
37 662
37 662
37 662
37 662
Free-cash
-60 278
-55 231
-60 278
-20 944

Estimated living cost  is ₽37662 per week

₽26690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3395
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.
₽6978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20982
-₽20635
-₽22013
-₽39292
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
3 135
other
-
-
-
3 370
unemployment
-
-
-
29
accident
-
-
-
58
health
-
-
-
1 810
municipal
-
-
-
6 142
national
-
-
-
-
total
-
-
-
14 544
Employee
51 965
-
22 066
-
municipal
15 496
-
6 580
-
national
-
-
-
-
total
15 496
-
6 580
-
Employer
51 965
-
22 066
-
accident
104
-
44
-
other
6 038
-
2 564
-
health
3 196
-
1 357
-
unemployment
1 372
-
583
-
pensions
5 617
-
2 385
-
total
16 327
-
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
31 823
13 166
13 513
14 544
After tax
-2 823
15 834
15 487
14 456
Living cost
36 469
36 469
36 469
36 469
Free-cash
-39 292
-20 635
-20 982
-22 013

Estimated living cost  is ₽36469 per week

₽24170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3579
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8166
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13842
-₽20629
-₽13842
-₽16592
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
1 310
trade
-
-
-
-
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.

-
-
-
6 142
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.

-
-
-
72
total
-
-
-
7 524
Employee

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

45 593
-
29 000
-
surtax

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

215
-
72
-
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.

6 142
-
6 142
-
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.

3 917
-
1 310
-
total
10 274
-
7 524
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
29 000
-
-
income
-
4 351
-
-
trade
-
4 770
-
-
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
-
-
chamber of commerce
-
177
-
-
total
-
9 537
-
-
Dividends
-
19 463
-
-
withholding
-
4 525
-
-
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.

-
249
-
-
total
-
4 774
-
-
Income
29 000
29 000
29 000
29 000
Total tax
10 274
14 311
7 524
7 524
After tax
18 726
14 689
21 476
21 476
Living cost
35 318
35 318
35 318
35 318
Free-cash
-16 592
-20 629
-13 842
-13 842

Estimated living cost  is ₽35318 per week

₽23621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3724
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.
₽7445
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13149
-₽20493
-₽6365
-₽15576
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
34 178
income
-
-
-
-
social contributions
-
-
-
5 332
health
-
-
-
872
total
-
-
-
6 204
Employee
69 133
69 133
69 133
-
social contributions
3 359
5 738
2 186
-
health
688
1 176
447
-
income
7 260
6 400
7 683
-
total
11 307
13 314
10 316
-
Employer
69 133
69 133
69 133
-
health
749
1 280
486
-
social contributions
3 359
5 738
2 186
-
total
4 108
7 018
2 672
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
29 000
29 000
29 000
29 000
Total tax
15 415
20 332
12 988
6 204
After tax
13 585
8 668
16 012
22 796
Living cost
29 161
29 161
29 161
29 161
Free-cash
-15 576
-20 493
-13 149
-6 365

Estimated living cost  is ₽29161 per week

₽19934
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2278
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.
₽6459
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1253
-₽1468
₽2026
-₽2161
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 545
pensions
-
-
-
2 900
unemployment
-
-
-
435
health
-
-
-
2 030
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.

26 076
10 378
24 268
-
unemployment
391
156
364
-
pensions
2 608
1 038
2 427
-
health
1 825
726
1 699
-
income
3 188
1 269
2 967
-
total
8 012
3 189
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.

26 076
10 378
24 268
-
pensions
5 085
2 024
4 732
-
total
5 085
2 024
4 732
-
Corporate
-
16 598
-
-
income
-
1 494
-
-
total
-
1 494
-
-
Dividends
-
15 105
-
-
withholding
-
2 870
-
-
social contributions
-
2 827
-
-
total
-
5 697
-
-
Income
29 000
29 000
29 000
29 000
Total tax
13 097
12 404
12 189
8 910
After tax
15 903
16 596
16 811
20 090
Living cost
18 064
18 064
18 064
18 064
Free-cash
-2 161
-1 468
-1 253
2 026

Estimated living cost  is ₽18064 per week

₽12327
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1478
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽361
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3898
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2950
₽1484
-₽4126
-₽5125
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 839
pensions
-
-
-
5 801
health
-
-
-
3 771
total
-
-
-
11 411
Employee
25 505
-
21 672
-
unemployment
408
-
346
-
pensions
510
-
433
-
income
2 871
-
2 131
-
total
3 789
-
2 910
-
Employer
25 505
-
21 672
-
health
3 315
-
2 817
-
unemployment
205
-
174
-
pensions
5 101
-
4 334
-
total
8 621
-
7 325
-
Corporate
-
29 000
-
-
income
-
5 801
-
-
total
-
5 801
-
-
Dividends
-
23 199
-
-
total
-
-
-
-
Income
29 000
29 000
29 000
29 000
Total tax
12 410
5 801
10 235
11 411
After tax
16 590
23 199
18 765
17 589
Living cost
21 715
21 715
21 715
21 715
Free-cash
-5 125
1 484
-2 950
-4 126

Estimated living cost  is ₽21715 per week

₽14894
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1293
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5091
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4523
-₽17490
-₽1153
-₽8567
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 033
pensions
-
-
-
3 752
other
-
-
-
334
accident
-
-
-
228
health
-
-
-
1 967
total
-
-
-
10 314
Employee
31 207
-
24 090
-
pensions
3 514
-
2 712
-
health
3 573
-
2 758
-
income
4 281
-
3 305
-
total
11 368
-
8 775
-
Employer
31 207
-
24 090
-
accident
521
-
402
-
unemployment
765
-
590
-
pensions
5 074
-
3 917
-
total
6 360
-
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
17 728
26 651
13 684
10 314
After tax
11 272
2 349
15 316
18 686
Living cost
19 839
19 839
19 839
19 839
Free-cash
-8 567
-17 490
-4 523
-1 153

Estimated living cost  is ₽19839 per week

₽14540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3786
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15482
₽19832
₽20992
₽18385
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 647
-
29 000
-
income
1 929
-
5 800
-
total
1 929
-
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%.

19 353
29 000
-
-
total
-
-
-
-
Dividends
19 353
29 000
-
-
withholding
968
1 450
-
-
total
968
1 450
-
-
Income
29 000
29 000
29 000
29 000
Total tax
2 897
1 450
5 800
290
After tax
26 103
27 550
23 200
28 710
Living cost
7 718
7 718
7 718
7 718
Free-cash
18 385
19 832
15 482
20 992

Estimated living cost  is ₽7718 per week

₽4783
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽642
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽212
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6958
-₽2651
-₽8253
-₽11870
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 683
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
-
-
-
1 377
health
-
-
-
1 276
total
-
-
-
13 297
Employee
32 644
-
23 162
-
unemployment
326
-
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.

2 284
-
1 621
-
health
457
-
324
-
income
5 620
-
3 987
-
total
8 687
-
6 164
-
Employer
32 644
-
23 162
-
accident
261
-
186
-
other
1 633
-
1 158
-
health
457
-
324
-
unemployment
326
-
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.

5 550
-
3 938
-
total
8 227
-
5 838
-
Corporate
-
29 000
-
-
income
-
6 091
-
-
total
-
6 091
-
-
Dividends
-
22 909
-
-
withholding
-
1 604
-
-
total
-
1 604
-
-
Income
29 000
29 000
29 000
29 000
Total tax
16 914
7 695
12 002
13 297
After tax
12 086
21 305
16 998
15 703
Living cost
23 956
23 956
23 956
23 956
Free-cash
-11 870
-2 651
-6 958
-8 253

Estimated living cost  is ₽23956 per week

₽16926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1617
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽386
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽40134
-₽38531
-₽37944
-₽67942
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 580
pensions
-
-
-
1 105
total
-
-
-
6 685
Employee
85 257
-
26 534
-
pensions
8 225
-
1 179
-
health
1 405
-
200
-
income
15 368
-
5 030
-
total
24 998
-
6 409
-
Employer
85 257
-
26 534
-
health
1 619
-
504
-
pensions
10 066
-
1 962
-
total
11 685
-
2 466
-
Corporate
-
29 000
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

-
5 510
-
-
total
-
5 510
-
-
Dividends
-
23 490
-
-
withholding
-
1 762
-
-
total
-
1 762
-
-
Income
29 000
29 000
29 000
29 000
Total tax
36 683
7 272
8 875
6 685
After tax
-7 683
21 728
20 125
22 315
Living cost
60 259
60 259
60 259
60 259
Free-cash
-67 942
-38 531
-40 134
-37 944

Estimated living cost  is ₽60259 per week

₽45153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7080
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.
₽7536
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽6342
₽12827
₽4939
₽8587
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
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
health
-
-
-
3 335
total
-
-
-
12 093
Employee
15 848
-
24 244
-
pensions

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

1 391
-
2 128
-
health
729
-
1 115
-
accident

We are using the highest rate at 1.1%.

174
-
267
-
income
1 585
-
2 424
-
total
3 879
-
5 934
-
Employer
15 848
-
24 244
-
accident

We are using the highest rate at 1.1%.

174
-
267
-
health
1 094
-
1 673
-
unemployment
95
-
145
-
pensions

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

1 747
-
2 671
-
total
3 110
-
4 756
-
Corporate
10 043
29 000
-
-
income
1 004
2 900
-
-
total
1 004
2 900
-
-
Dividends
9 038
26 100
-
-
withholding
452
1 305
-
-
total
452
1 305
-
-
Income
29 000
29 000
29 000
29 000
Total tax
8 445
4 205
10 690
12 093
After tax
20 555
24 795
18 310
16 907
Living cost
11 968
11 968
11 968
11 968
Free-cash
8 587
12 827
6 342
4 939

Estimated living cost  is ₽11968 per week

₽6987
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽855
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽317
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3809
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽72470
-₽67423
-₽33136
-₽68948
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 000
income
-
-
-
2 610
pensions
-
-
-
5 221
health
-
-
-
4 451
total
-
-
-
12 282
Employee
83 353
76 775
76 775
-
pensions
10 534
10 534
13 820
-
health
10 399
10 023
11 784
-
income

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

12 567
12 567
12 567
-
total
33 500
33 124
38 171
-
Employer
83 353
76 775
76 775
-
health
5 792
5 337
5 337
-
unemployment
3 001
2 764
2 764
-
pensions
5 801
5 344
5 344
-
total
14 594
13 445
13 445
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
29 000
29 000
29 000
29 000
Total tax
48 094
46 569
51 616
12 282
After tax
-19 094
-17 569
-22 616
16 718
Living cost
49 854
49 854
49 854
49 854
Free-cash
-68 948
-67 423
-72 470
-33 136

Estimated living cost  is ₽49854 per week

₽36775
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4453
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8055
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7685
-₽2434
-₽8277
-₽15143
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 000
income
-
-
-
2 493
solidarity contribution
-
-
-
-
social contributions
-
-
-
8 468
health
-
-
-
3 915
total
-
-
-
14 876
Employee
32 943
-
21 642
-
social contributions
2 141
-
1 407
-
solidarity contribution
-
-
-
-
health
4 447
-
2 922
-
income
3 953
-
2 597
-
total
10 541
-
6 926
-
Employer
32 943
-
21 642
-
health
2 965
-
1 948
-
social contributions
8 236
-
5 410
-
total
11 201
-
7 358
-
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
21 742
9 033
14 284
14 876
After tax
7 258
19 967
14 716
14 124
Living cost
22 401
22 401
22 401
22 401
Free-cash
-15 143
-2 434
-7 685
-8 277

Estimated living cost  is ₽22401 per week

₽15560
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4807
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23528
-₽22463
-₽21787
-₽50902
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
264
social contributions
-
-
-
7 459
municipal
-
-
-
172
national
-
-
-
4 955
total
-
-
-
12 850
Employee
79 902
-
29 000
-
municipal
423
-
154
-
social contributions
26 943
-
9 779
-
regional
754
-
237
-
national
13 845
-
4 421
-
total
41 965
-
14 591
-
Employer
79 902
-
29 000
-
total
-
-
-
-
Corporate
-
29 000
-
-
nationa
-
6 959
-
-
municipal
-
1 131
-
-
total
-
8 090
-
-
Dividends
-
20 910
-
-
withholding
-
5 436
-
-
total
-
5 436
-
-
Income
29 000
29 000
29 000
29 000
Total tax
41 965
13 526
14 591
12 850
After tax
-12 965
15 474
14 409
16 150
Living cost
37 937
37 937
37 937
37 937
Free-cash
-50 902
-22 463
-23 528
-21 787

Estimated living cost  is ₽37937 per week

₽26445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2488
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3775
-₽1597
-₽3100
-₽6990
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 187
pensions
-
-
-
5 801
other
-
-
-
-
unemployment
-
-
-
205
health
-
-
-
2 058
surtax
-
-
-
10
total
-
-
-
12 261
Employee
29 731
-
23 957
-
unemployment
2 070
-
1 667
-
surtax
97
-
-
-
pensions
1 983
-
1 599
-
health
759
-
611
-
other
-
-
-
-
income
4 984
-
4 016
-
total
9 893
-
7 893
-
Employer
29 731
-
23 957
-
other
-
-
-
-
health
1 353
-
1 090
-
unemployment
942
-
759
-
pensions
3 963
-
3 194
-
total
6 258
-
5 043
-
Corporate
-
29 000
-
-
income
-
7 539
-
-
total
-
7 539
-
-
Dividends
-
21 461
-
-
withholding
-
3 219
-
-
total
-
3 219
-
-
Income
29 000
29 000
29 000
29 000
Total tax
16 151
10 758
12 936
12 261
After tax
12 849
18 242
16 064
16 739
Living cost
19 839
19 839
19 839
19 839
Free-cash
-6 990
-1 597
-3 775
-3 100

Estimated living cost  is ₽19839 per week

₽12130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1831
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5420
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21042
-₽19439
-₽18852
-₽35407
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 580
pensions
-
-
-
1 105
total
-
-
-
6 685
Employee
57 137
-
26 534
-
pensions
4 850
-
1 179
-
health
829
-
200
-
income
10 291
-
5 030
-
total
15 970
-
6 409
-
Employer
57 137
-
26 534
-
health
1 085
-
504
-
pensions
6 185
-
1 962
-
total
7 270
-
2 466
-
Corporate
-
29 000
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

-
5 510
-
-
total
-
5 510
-
-
Dividends
-
23 490
-
-
withholding
-
1 762
-
-
total
-
1 762
-
-
Income
29 000
29 000
29 000
29 000
Total tax
23 240
7 272
8 875
6 685
After tax
5 760
21 728
20 125
22 315
Living cost
41 167
41 167
41 167
41 167
Free-cash
-35 407
-19 439
-21 042
-18 852

Estimated living cost  is ₽41167 per week

₽30842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3086
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6808
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽49732
-₽58709
-₽47063
-₽63246
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
307
pensions
-
-
-
2 669
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
city
-
-
-
303
health
-
-
-
235
national
-
-
-
-
total
-
-
-
4 094
Employee
84 223
-
25 320
-
city
904
-
264
-
unemployment
-
-
-
-
pensions
7 076
-
2 837
-
regional
2 758
-
205
-
health
190
-
57
-
national
399
-
-
-
total
11 327
-
3 363
-
Employer
84 223
-
25 320
-
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.

1 684
-
506
-
health
190
-
57
-
unemployment
-
-
-
-
pensions
7 076
-
2 837
-
total
8 950
-
3 400
-
Corporate
-
29 000
-
-
national
-
2 466
-
-
regional
-
6 133
-
-
total
-
8 599
-
-
Dividends
-
20 401
-
-
withholding
-
7 141
-
-
total
-
7 141
-
-
Income
29 000
29 000
29 000
29 000
Total tax
20 277
15 740
6 763
4 094
After tax
8 723
13 260
22 237
24 906
Living cost
71 969
71 969
71 969
71 969
Free-cash
-63 246
-58 709
-49 732
-47 063

Estimated living cost  is ₽71969 per week

₽46801
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6458
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽884
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽17826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽19710
-₽26645
-₽19710
-₽25032
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
1 310
trade
-
-
-
-
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.

-
-
-
6 142
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.

-
-
-
72
total
-
-
-
7 524
Employee

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

54 031
-
29 000
-
surtax

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

350
-
72
-
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.

6 142
-
6 142
-
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.

6 354
-
1 310
-
total
12 846
-
7 524
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
29 000
-
-
income
-
4 351
-
-
trade
-
4 973
-
-
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
-
-
chamber of commerce
-
177
-
-
total
-
9 740
-
-
Dividends
-
19 260
-
-
withholding
-
4 473
-
-
surtax

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

-
246
-
-
total
-
4 719
-
-
Income
29 000
29 000
29 000
29 000
Total tax
12 846
14 459
7 524
7 524
After tax
16 154
14 541
21 476
21 476
Living cost
41 186
41 186
41 186
41 186
Free-cash
-25 032
-26 645
-19 710
-19 710

Estimated living cost  is ₽41186 per week

₽30080
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3295
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.
₽7277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12082
-₽16142
-₽12871
-₽21494
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
169
pensions
-
-
-
8 966
social contributions
-
-
-
827
other
-
-
-
899
health
-
-
-
251
surtax
-
-
-
-
total
-
-
-
11 112
Employee
38 478
-
22 099
-
surtax
-
-
-
-
pensions
4 351
-
2 499
-
social contributions
1 097
-
630
-
income
2 271
-
292
-
total
7 719
-
3 421
-
Employer
38 478
-
22 099
-
other
1 327
-
763
-
health
2 694
-
1 547
-
unemployment
1 558
-
896
-
social contributions
116
-
67
-
pensions
6 321
-
3 629
-
total
12 016
-
6 902
-
Corporate
-
29 000
-
-
income
-
8 119
-
-
surtax
-
-
-
-
total
-
8 119
-
-
Dividends
-
20 881
-
-
withholding
-
2 673
-
-
surtax
-
-
-
-
social contributions
-
3 591
-
-
total
-
6 264
-
-
Income
29 000
29 000
29 000
29 000
Total tax
19 735
14 383
10 323
11 112
After tax
9 265
14 617
18 677
17 888
Living cost
30 759
30 759
30 759
30 759
Free-cash
-21 494
-16 142
-12 082
-12 871

Estimated living cost  is ₽30759 per week

₽19395
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2501
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.
₽8341
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9035
-₽13095
-₽9824
-₽16073
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
169
pensions
-
-
-
8 966
social contributions
-
-
-
827
other
-
-
-
899
health
-
-
-
251
surtax
-
-
-
-
total
-
-
-
11 112
Employee
34 347
-
22 099
-
surtax
-
-
-
-
pensions
3 885
-
2 499
-
social contributions
979
-
630
-
income
1 771
-
292
-
total
6 635
-
3 421
-
Employer
34 347
-
22 099
-
other
1 186
-
763
-
health
2 404
-
1 547
-
unemployment
1 390
-
896
-
social contributions
102
-
67
-
pensions
5 644
-
3 629
-
total
10 726
-
6 902
-
Corporate
-
29 000
-
-
income
-
8 119
-
-
surtax
-
-
-
-
total
-
8 119
-
-
Dividends
-
20 881
-
-
withholding
-
2 673
-
-
surtax
-
-
-
-
social contributions
-
3 591
-
-
total
-
6 264
-
-
Income
29 000
29 000
29 000
29 000
Total tax
17 361
14 383
10 323
11 112
After tax
11 639
14 617
18 677
17 888
Living cost
27 712
27 712
27 712
27 712
Free-cash
-16 073
-13 095
-9 035
-9 824

Estimated living cost  is ₽27712 per week

₽16072
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2815
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽833
-₽1370
-₽441
-₽3844
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 351
social contributions
-
-
-
4 003
health
-
-
-
2 023
total
-
-
-
10 377
Employee
30 483
-
29 000
-
social contributions
4 207
-
4 003
-
health
2 128
-
2 023
-
income
5 084
-
4 743
-
total
11 419
-
10 769
-
Employer
30 483
-
29 000
-
total
-
-
-
-
Corporate
-
29 000
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

-
1 450
-
-
total
-
1 450
-
-
Dividends
-
27 550
-
-
withholding
-
4 132
-
-
health
793
1 923
-
-
social contributions
1 568
3 801
-
-
total
2 361
9 856
-
-
Income
29 000
29 000
29 000
29 000
Total tax
13 780
11 306
10 769
10 377
After tax
15 220
17 694
18 231
18 623
Living cost
19 064
19 064
19 064
19 064
Free-cash
-3 844
-1 370
-833
-441

Estimated living cost  is ₽19064 per week

₽12758
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1176
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽4690
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21961
-₽23152
-₽16070
-₽29890
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
pensions
-
-
-
5 366
unemployment
-
-
-
5 514
health
-
-
-
2 218
chamber of commerce
-
-
-
116
surtax
-
-
-
177
total
-
-
-
13 391
Employee
44 930
35 828
35 828
-
unemployment
1 348
1 075
647
-
pensions
4 601
3 668
2 209
-
health
1 739
1 387
834
-
other
449
358
215
-
income
5 115
2 643
3 411
-
total
13 252
9 131
7 316
-
Employer
44 930
35 828
35 828
-
surtax
177
177
177
-
accident
583
466
280
-
other
2 134
1 701
1 580
-
health
1 698
1 355
816
-
unemployment
1 348
1 075
647
-
chamber of commerce
179
143
143
-
payroll
1 348
1 075
1 075
-
pensions
5 639
4 497
2 708
-
total
13 106
10 489
7 426
-
Corporate
3 412
3 412
18 163
-
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.

853
853
4 540
-
total
853
853
4 540
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
29 000
29 000
29 000
29 000
Total tax
27 211
20 473
19 282
13 391
After tax
1 789
8 527
9 718
15 609
Living cost
31 679
31 679
31 679
31 679
Free-cash
-29 890
-23 152
-21 961
-16 070

Estimated living cost  is ₽31679 per week

₽21129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2702
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7328
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19302
-₽16295
-₽14394
-₽54029
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
1 665
social contributions
-
-
-
1 235
national
-
-
-
7 714
total
-
-
-
10 614
Employee

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

64 309
-
22 459
-
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.

560
-
196
-
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.

4 823
-
1 684
-
communal

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

3 354
-
1 172
-
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.

3 022
-
1 054
-
national
19 771
-
4 881
-
total
31 530
-
8 987
-
Employer

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

64 309
-
22 459
-
surtax
7 292
-
2 546
-
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.

836
-
292
-
health

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

3 955
-
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.

938
-
328
-
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.

5 698
-
1 989
-
total
18 719
-
6 535
-
Corporate
-
29 000
-
-
income
-
5 801
-
-
surtax
-
116
-
-
total
-
5 917
-
-
Dividends
-
23 083
-
-
withholding

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

-
6 598
-
-
total
-
6 598
-
-
Income
29 000
29 000
29 000
29 000
Total tax
50 249
12 515
15 522
10 614
After tax
-21 249
16 485
13 478
18 386
Living cost
32 780
32 780
32 780
32 780
Free-cash
-54 029
-16 295
-19 302
-14 394

Estimated living cost  is ₽32780 per week

₽21115
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2866
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8287
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18277
-₽12791
-₽16025
-₽30017
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 858
pensions
-
-
-
8 206
other
-
-
-
29
unemployment
-
-
-
203
accident
-
-
-
261
total
-
-
-
12 557
Employee
44 752
-
19 429
-
unemployment
694
-
466
-
pensions
2 104
-
1 411
-
other
44
-
31
-
income
9 442
-
3 329
-
total
12 284
-
5 237
-
Employer
44 752
-
19 429
-
accident
885
-
594
-
other
357
-
241
-
unemployment
2 462
-
1 652
-
pensions
10 561
-
7 085
-
total
14 265
-
9 572
-
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.

-
4 351
-
-
total
-
4 351
-
-
Dividends
-
24 649
-
-
withholding
-
4 972
-
-
total
-
4 972
-
-
Income
29 000
29 000
29 000
29 000
Total tax
26 549
9 323
14 809
12 557
After tax
2 451
19 677
14 191
16 443
Living cost
32 468
32 468
32 468
32 468
Free-cash
-30 017
-12 791
-18 277
-16 025

Estimated living cost  is ₽32468 per week

₽23909
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2303
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5787
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31597
-₽29015
-₽31596
-₽47217
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
communal
-
-
-
-
pensions
-
-
-
6 845
accident
-
-
-
386
health
-
-
-
3 207
surtax
-
-
-
1 300
total
-
-
-
11 738
Employee
68 084
-
23 887
-
surtax
4 173
-
1 300
-
pensions
5 446
-
3 422
-
health
3 030
-
1 904
-
income
6 576
-
-
-
total
19 225
-
6 626
-
Employer
68 084
-
23 887
-
accident
612
-
386
-
health
2 076
-
1 305
-
pensions
5 446
-
3 422
-
total
8 134
-
5 113
-
Corporate
-
29 000
-
-
income
-
4 351
-
-
surtax
-
304
-
-
communal
-
-
-
-
total
-
4 655
-
-
Dividends
-
24 346
-
-
income
-
851
-
-
withholding
-
3 651
-
-
total
-
4 502
-
-
Income
29 000
29 000
29 000
29 000
Total tax
27 359
9 157
11 739
11 738
After tax
1 641
19 843
17 261
17 262
Living cost
48 858
48 858
48 858
48 858
Free-cash
-47 217
-29 015
-31 597
-31 596

Estimated living cost  is ₽48858 per week

₽36651
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2960
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4130
-₽1952
-₽3455
-₽7652
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 187
pensions
-
-
-
5 801
other
-
-
-
-
unemployment
-
-
-
205
health
-
-
-
2 058
surtax
-
-
-
10
total
-
-
-
12 261
Employee
30 277
-
23 957
-
unemployment
2 107
-
1 667
-
surtax
107
-
-
-
pensions
2 020
-
1 599
-
health
773
-
611
-
other
-
-
-
-
income
5 076
-
4 016
-
total
10 083
-
7 893
-
Employer
30 277
-
23 957
-
other
-
-
-
-
health
1 377
-
1 090
-
unemployment
961
-
759
-
pensions
4 037
-
3 194
-
total
6 375
-
5 043
-
Corporate
-
29 000
-
-
income
-
7 539
-
-
total
-
7 539
-
-
Dividends
-
21 461
-
-
withholding
-
3 219
-
-
total
-
3 219
-
-
Income
29 000
29 000
29 000
29 000
Total tax
16 458
10 758
12 936
12 261
After tax
12 542
18 242
16 064
16 739
Living cost
20 194
20 194
20 194
20 194
Free-cash
-7 652
-1 952
-4 130
-3 455

Estimated living cost  is ₽20194 per week

₽12192
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5779
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9963
-₽8974
-₽8241
-₽20871
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
437
social contributions
-
-
-
7 459
municipal
-
-
-
172
national
-
-
-
4 955
total
-
-
-
13 023
Employee
49 871
-
29 000
-
municipal
264
-
154
-
social contributions
16 817
-
9 779
-
regional
671
-
391
-
national
7 901
-
4 421
-
total
25 653
-
14 745
-
Employer
49 871
-
29 000
-
total
-
-
-
-
Corporate
-
29 000
-
-
nationa
-
6 959
-
-
municipal
-
1 442
-
-
total
-
8 401
-
-
Dividends
-
20 599
-
-
withholding
-
5 355
-
-
total
-
5 355
-
-
Income
29 000
29 000
29 000
29 000
Total tax
25 653
13 756
14 745
13 023
After tax
3 347
15 244
14 255
15 977
Living cost
24 218
24 218
24 218
24 218
Free-cash
-20 871
-8 974
-9 963
-8 241

Estimated living cost  is ₽24218 per week

₽15062
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2453
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽415
Clothing and shoes. We estimate one pair of shoes and 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 Naples model

Close
Prague , Czech Republic
-₽12888
-₽7637
-₽13480
-₽25396
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 000
income
-
-
-
2 493
solidarity contribution
-
-
-
-
social contributions
-
-
-
8 468
health
-
-
-
3 915
total
-
-
-
14 876
Employee
40 594
-
21 642
-
social contributions
2 639
-
1 407
-
solidarity contribution
-
-
-
-
health
5 480
-
2 922
-
income
4 871
-
2 597
-
total
12 990
-
6 926
-
Employer
40 594
-
21 642
-
health
3 653
-
1 948
-
social contributions
10 149
-
5 410
-
total
13 802
-
7 358
-
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
26 792
9 033
14 284
14 876
After tax
2 208
19 967
14 716
14 124
Living cost
27 604
27 604
27 604
27 604
Free-cash
-25 396
-7 637
-12 888
-13 480

Estimated living cost  is ₽27604 per week

₽20528
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1529
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5069
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18877
-₽19979
-₽12897
-₽22462
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
pensions
-
-
-
5 366
unemployment
-
-
-
5 514
health
-
-
-
2 218
chamber of commerce
-
-
-
116
surtax
-
-
-
-
total
-
-
-
13 214
Employee
39 300
35 828
35 828
-
unemployment
1 179
1 075
652
-
pensions
4 025
3 668
2 225
-
health
1 520
1 387
841
-
other
392
358
217
-
income
3 501
2 643
3 400
-
total
10 617
9 131
7 335
-
Employer
39 300
35 828
35 828
-
surtax
-
-
-
-
accident
510
466
282
-
other
1 866
1 701
1 582
-
health
1 486
1 355
821
-
unemployment
1 179
1 075
652
-
chamber of commerce
157
143
143
-
payroll
1 179
1 075
1 075
-
pensions
4 932
4 497
2 726
-
total
11 309
10 312
7 281
-
Corporate
3 412
3 412
18 308
-
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.

853
853
4 578
-
total
853
853
4 578
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
29 000
29 000
29 000
29 000
Total tax
22 779
20 296
19 194
13 214
After tax
6 221
8 704
9 806
15 786
Living cost
28 683
28 683
28 683
28 683
Free-cash
-22 462
-19 979
-18 877
-12 897

Estimated living cost  is ₽28683 per week

₽17206
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2929
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8036
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11174
₽15524
₽16684
₽13269
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 033
-
29 000
-
income
3 007
-
5 800
-
total
3 007
-
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%.

13 967
29 000
-
-
total
-
-
-
-
Dividends
13 967
29 000
-
-
withholding
698
1 450
-
-
total
698
1 450
-
-
Income
29 000
29 000
29 000
29 000
Total tax
3 705
1 450
5 800
290
After tax
25 295
27 550
23 200
28 710
Living cost
12 026
12 026
12 026
12 026
Free-cash
13 269
15 524
11 174
16 684

Estimated living cost  is ₽12026 per week

₽8138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽505
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2980
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8340
-₽4149
-₽7418
-₽16946
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
4 112
pensions
-
-
-
5 296
unemployment
-
-
-
43
health
-
-
-
2 853
total
-
-
-
12 304
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.

39 756
-
25 091
-
unemployment
56
-
36
-
pensions
6 162
-
3 890
-
health
2 568
-
1 621
-
income
6 856
-
3 771
-
total
15 642
-
9 318
-
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.

39 756
-
25 091
-
health
2 648
-
1 672
-
unemployment
24
-
15
-
pensions
3 518
-
2 221
-
total
6 190
-
3 908
-
Corporate
-
29 000
-
-
income
-
5 511
-
-
total
-
5 511
-
-
Dividends
-
23 489
-
-
withholding
-
3 523
-
-
total
-
3 523
-
-
Income
29 000
29 000
29 000
29 000
Total tax
21 832
9 034
13 226
12 304
After tax
7 168
19 966
15 774
16 696
Living cost
24 114
24 114
24 114
24 114
Free-cash
-16 946
-4 149
-8 340
-7 418

Estimated living cost  is ₽24114 per week

₽16549
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1546
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24484
-₽22699
-₽20302
-₽110408
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 653
social contributions
-
-
-
3 306
total
-
-
-
8 959
Employee
57 846
-
4 500
-
social contributions
4 743
-
676
-
income
12 760
-
841
-
total
17 503
-
1 517
-
Employer
57 846
-
4 500
-
social contributions
81 562
-
11 624
-
total
81 562
-
11 624
-
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
99 065
11 356
13 141
8 959
After tax
-70 065
17 644
15 859
20 041
Living cost
40 343
40 343
40 343
40 343
Free-cash
-110 408
-22 699
-24 484
-20 302

Estimated living cost  is ₽40343 per week

₽26176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9858
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11256
-₽11706
-₽10970
-₽22169
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
1 692
social contributions

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

-
-
-
10 078
surtax
-
-
-
-
total
-
-
-
11 770
Employee
41 349
-
23 435
-
surtax
-
-
-
-
social contributions
4 548
-
2 578
-
income
8 601
-
3 913
-
total
13 149
-
6 491
-
Employer
41 349
-
23 435
-
social contributions
9 820
-
5 565
-
total
9 820
-
5 565
-
Corporate
-
29 000
-
-
income
-
6 091
-
-
surtax
-
-
-
-
total
-
6 091
-
-
Dividends
-
22 909
-
-
withholding
-
6 415
-
-
total
-
6 415
-
-
Income
29 000
29 000
29 000
29 000
Total tax
22 969
12 506
12 056
11 770
After tax
6 031
16 494
16 944
17 230
Living cost
28 200
28 200
28 200
28 200
Free-cash
-22 169
-11 706
-11 256
-10 970

Estimated living cost  is ₽28200 per week

₽21099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1663
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.
₽4966
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
-₽24746
-₽28806
-₽25535
-₽44895
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
169
pensions
-
-
-
8 966
social contributions
-
-
-
827
other
-
-
-
899
health
-
-
-
251
surtax
-
-
-
-
total
-
-
-
11 112
Employee
56 309
-
22 099
-
surtax
-
-
-
-
pensions
6 369
-
2 499
-
social contributions
1 604
-
630
-
income
4 913
-
292
-
total
12 886
-
3 421
-
Employer
56 309
-
22 099
-
other
1 943
-
763
-
health
3 941
-
1 547
-
unemployment
2 281
-
896
-
social contributions
169
-
67
-
pensions
9 252
-
3 629
-
total
17 586
-
6 902
-
Corporate
-
29 000
-
-
income
-
8 119
-
-
surtax
-
-
-
-
total
-
8 119
-
-
Dividends
-
20 881
-
-
withholding
-
2 673
-
-
surtax
-
-
-
-
social contributions
-
3 591
-
-
total
-
6 264
-
-
Income
29 000
29 000
29 000
29 000
Total tax
30 472
14 383
10 323
11 112
After tax
-1 472
14 617
18 677
17 888
Living cost
43 423
43 423
43 423
43 423
Free-cash
-44 895
-28 806
-24 746
-25 535

Estimated living cost  is ₽43423 per week

₽29388
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9887
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3550
-₽925
-₽4406
-₽4383
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 000
income
-
-
-
-
social contributions
-
-
-
6 381
total
-
-
-
6 381
Employee
28 903
-
25 108
-
income
-
-
-
-
social contributions
1 878
-
1 633
-
total
1 878
-
1 633
-
Employer
28 903
-
25 108
-
social contributions
4 480
-
3 892
-
total
4 480
-
3 892
-
Corporate
-
29 000
-
-
income
-
2 900
-
-
total
-
2 900
-
-
Dividends
-
26 100
-
-
total
-
-
-
-
Income
29 000
29 000
29 000
29 000
Total tax
6 358
2 900
5 525
6 381
After tax
22 642
26 100
23 475
22 619
Living cost
27 025
27 025
27 025
27 025
Free-cash
-4 383
-925
-3 550
-4 406

Estimated living cost  is ₽27025 per week

₽17474
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2037
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7005
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽166529
-₽166529
-₽22946
-₽166529
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
778
labour market
-
-
-
2 258
municipal
-
-
-
3 540
national
-
-
-
2 150
total
-
-
-
8 726
Employee
182 421
182 421
182 421
-
municipal
38 846
38 846
38 846
-
labour market
14 573
14 573
14 573
-
pensions
259
259
259
-
national
22 286
22 286
22 286
-
total
75 964
75 964
75 964
-
Employer
182 421
182 421
182 421
-
municipal
38 907
38 907
38 907
-
national
22 325
22 325
22 325
-
labour market
14 594
14 594
14 594
-
pensions
519
519
519
-
total
76 345
76 345
76 345
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
29 000
29 000
29 000
29 000
Total tax
152 309
152 309
152 309
8 726
After tax
-123 309
-123 309
-123 309
20 274
Living cost
43 220
43 220
43 220
43 220
Free-cash
-166 529
-166 529
-166 529
-22 946

Estimated living cost  is ₽43220 per week

₽29580
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽665
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9152
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4230
-₽17197
-₽860
-₽8012
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 033
pensions
-
-
-
3 752
other
-
-
-
334
accident
-
-
-
228
health
-
-
-
1 967
total
-
-
-
10 314
Employee
30 747
-
24 090
-
pensions
3 462
-
2 712
-
health
3 521
-
2 758
-
income
4 218
-
3 305
-
total
11 201
-
8 775
-
Employer
30 747
-
24 090
-
accident
513
-
402
-
unemployment
753
-
590
-
pensions
4 999
-
3 917
-
total
6 265
-
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
17 466
26 651
13 684
10 314
After tax
11 534
2 349
15 316
18 686
Living cost
19 546
19 546
19 546
19 546
Free-cash
-8 012
-17 197
-4 230
-860

Estimated living cost  is ₽19546 per week

₽14227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1114
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽367
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16162
-₽14450
-₽10796
-₽27224
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
72
municipal
-
-
-
5 207
national
-
-
-
-
total
-
-
-
5 279
Employee
47 301
-
24 397
-
unemployment
710
-
365
-
municipal
7 747
-
4 030
-
pensions
3 192
-
1 646
-
health
353
-
-
-
national
781
-
-
-
total
12 783
-
6 041
-
Employer
47 301
-
24 397
-
accident
48
-
24
-
health
363
-
188
-
unemployment
307
-
159
-
pensions
8 206
-
4 233
-
total
8 924
-
4 604
-
Corporate
-
29 000
-
-
income
-
5 801
-
-
total
-
5 801
-
-
Dividends

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

-
17 399
-
-
municipal
-
3 132
-
-
national
-
-
-
-
total
-
3 132
-
-
Income
29 000
29 000
29 000
29 000
Total tax
21 707
8 933
10 645
5 279
After tax
7 293
20 067
18 355
23 721
Living cost
34 517
34 517
34 517
34 517
Free-cash
-27 224
-14 450
-16 162
-10 796

Estimated living cost  is ₽34517 per week

₽22546
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3320
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.
₽8102
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
-₽4803
-₽12147
₽1981
-₽5688
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
34 178
income
-
-
-
-
social contributions
-
-
-
5 332
health
-
-
-
872
total
-
-
-
6 204
Employee
69 133
69 133
69 133
-
social contributions
2 614
5 738
2 186
-
health
536
1 176
447
-
income
7 527
6 400
7 683
-
total
10 677
13 314
10 316
-
Employer
69 133
69 133
69 133
-
health
582
1 280
486
-
social contributions
2 614
5 738
2 186
-
total
3 196
7 018
2 672
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
29 000
29 000
29 000
29 000
Total tax
13 873
20 332
12 988
6 204
After tax
15 127
8 668
16 012
22 796
Living cost
20 815
20 815
20 815
20 815
Free-cash
-5 688
-12 147
-4 803
1 981

Estimated living cost  is ₽20815 per week

₽12475
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2042
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5838
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3828
₽9741
₽3845
₽5167
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
1 882
pensions
-
-
-
5 719
unemployment
-
-
-
26
health
-
-
-
3 254
total
-
-
-
10 881
Employee

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

20 636
-
26 291
-
unemployment
102
-
131
-
pensions
3 095
-
3 943
-
health
1 754
-
2 235
-
income
1 411
-
1 880
-
total
6 362
-
8 189
-
Employer

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

20 636
-
26 291
-
health
887
-
1 131
-
unemployment
102
-
131
-
pensions
1 135
-
1 447
-
total
2 124
-
2 709
-
Corporate
6 240
29 000
-
-
income
561
2 610
-
-
total
561
2 610
-
-
Dividends
5 678
26 390
-
-
withholding
512
2 375
-
-
total
512
2 375
-
-
Income
29 000
29 000
29 000
29 000
Total tax
9 559
4 985
10 898
10 881
After tax
19 441
24 015
18 102
18 119
Living cost
14 274
14 274
14 274
14 274
Free-cash
5 167
9 741
3 828
3 845

Estimated living cost  is ₽14274 per week

₽9107
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1029
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3713
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10532
-₽5046
-₽8280
-₽14841
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 858
pensions
-
-
-
8 206
other
-
-
-
29
unemployment
-
-
-
203
accident
-
-
-
261
total
-
-
-
12 557
Employee
33 243
-
19 429
-
unemployment
515
-
466
-
pensions
1 563
-
1 411
-
other
32
-
31
-
income
6 409
-
3 329
-
total
8 519
-
5 237
-
Employer
33 243
-
19 429
-
accident
659
-
594
-
other
266
-
241
-
unemployment
1 829
-
1 652
-
pensions
7 845
-
7 085
-
total
10 599
-
9 572
-
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.

-
4 351
-
-
total
-
4 351
-
-
Dividends
-
24 649
-
-
withholding
-
4 972
-
-
total
-
4 972
-
-
Income
29 000
29 000
29 000
29 000
Total tax
19 118
9 323
14 809
12 557
After tax
9 882
19 677
14 191
16 443
Living cost
24 723
24 723
24 723
24 723
Free-cash
-14 841
-5 046
-10 532
-8 280

Estimated living cost  is ₽24723 per week

₽16687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16185
₽16489
₽16299
₽16227
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 072
pensions
-
-
-
1 172
health
-
-
-
850
total
-
-
-
11 094
Employee
2 448
-
27 681
-
unemployment
24
-
59
-
pensions
220
-
527
-
health
122
-
293
-
income
473
-
9 010
-
total
839
-
9 889
-
Employer
2 448
-
27 681
-
health
233
-
557
-
unemployment
49
-
117
-
pensions
269
-
645
-
total
551
-
1 319
-
Corporate
26 002
29 000
-
-
income
5 720
6 380
-
-
total
5 720
6 380
-
-
Dividends
20 281
22 620
-
-
withholding
4 056
4 524
-
-
total
4 056
4 524
-
-
Income
29 000
29 000
29 000
29 000
Total tax
11 166
10 904
11 208
11 094
After tax
17 834
18 096
17 792
17 906
Living cost
1 607
1 607
1 607
1 607
Free-cash
16 227
16 489
16 185
16 299

Estimated living cost  is ₽1607 per week

₽955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽130
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽37
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽716
₽5432
-₽532
₽1015
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
3 049
pensions
-
-
-
7 540
unemployment
-
-
-
435
health
-
-
-
2 987
total
-
-
-
14 011
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.

23 405
-
24 597
-
unemployment
176
-
184
-
pensions
3 277
-
3 444
-
health
1 205
-
1 267
-
income
3 226
-
3 465
-
total
7 884
-
8 360
-
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.

23 405
-
24 597
-
health
1 205
-
1 267
-
unemployment
176
-
184
-
pensions
2 809
-
2 952
-
total
4 190
-
4 403
-
Corporate
1 406
29 000
-
-
income
211
4 350
-
-
total
211
4 350
-
-
Dividends
1 195
24 650
-
-
withholding
179
3 697
-
-
total
179
3 697
-
-
Income
29 000
29 000
29 000
29 000
Total tax
12 464
8 047
12 763
14 011
After tax
16 536
20 953
16 237
14 989
Living cost
15 521
15 521
15 521
15 521
Free-cash
1 015
5 432
716
-532

Estimated living cost  is ₽15521 per week

₽10450
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1201
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7294
-₽7744
-₽7008
-₽14182
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
1 692
social contributions

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

-
-
-
10 078
surtax
-
-
-
-
total
-
-
-
11 770
Employee
34 894
-
23 435
-
surtax
-
-
-
-
social contributions
3 839
-
2 578
-
income
6 818
-
3 913
-
total
10 657
-
6 491
-
Employer
34 894
-
23 435
-
social contributions
8 287
-
5 565
-
total
8 287
-
5 565
-
Corporate
-
29 000
-
-
income
-
6 091
-
-
surtax
-
-
-
-
total
-
6 091
-
-
Dividends
-
22 909
-
-
withholding
-
6 415
-
-
total
-
6 415
-
-
Income
29 000
29 000
29 000
29 000
Total tax
18 944
12 506
12 056
11 770
After tax
10 056
16 494
16 944
17 230
Living cost
24 238
24 238
24 238
24 238
Free-cash
-14 182
-7 744
-7 294
-7 008

Estimated living cost  is ₽24238 per week

₽17167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1684
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.
₽4958
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17406
-₽11920
-₽15154
-₽28266
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 858
pensions
-
-
-
8 206
other
-
-
-
29
unemployment
-
-
-
203
accident
-
-
-
261
total
-
-
-
12 557
Employee
43 420
-
19 429
-
unemployment
672
-
466
-
pensions
2 041
-
1 411
-
other
43
-
31
-
income
9 069
-
3 329
-
total
11 825
-
5 237
-
Employer
43 420
-
19 429
-
accident
860
-
594
-
other
348
-
241
-
unemployment
2 389
-
1 652
-
pensions
10 247
-
7 085
-
total
13 844
-
9 572
-
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.

-
4 351
-
-
total
-
4 351
-
-
Dividends
-
24 649
-
-
withholding
-
4 972
-
-
total
-
4 972
-
-
Income
29 000
29 000
29 000
29 000
Total tax
25 669
9 323
14 809
12 557
After tax
3 331
19 677
14 191
16 443
Living cost
31 597
31 597
31 597
31 597
Free-cash
-28 266
-11 920
-17 406
-15 154

Estimated living cost  is ₽31597 per week

₽22691
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2457
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.
₽6004
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2607
₽9092
₽1204
₽3527
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
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
health
-
-
-
3 335
total
-
-
-
12 093
Employee
20 793
-
24 244
-
pensions

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

1 825
-
2 128
-
health
957
-
1 115
-
accident

We are using the highest rate at 1.1%.

229
-
267
-
income
2 080
-
2 424
-
total
5 091
-
5 934
-
Employer
20 793
-
24 244
-
accident

We are using the highest rate at 1.1%.

229
-
267
-
health
1 435
-
1 673
-
unemployment
125
-
145
-
pensions

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

2 291
-
2 671
-
total
4 080
-
4 756
-
Corporate
4 128
29 000
-
-
income
413
2 900
-
-
total
413
2 900
-
-
Dividends
3 715
26 100
-
-
withholding
186
1 305
-
-
total
186
1 305
-
-
Income
29 000
29 000
29 000
29 000
Total tax
9 770
4 205
10 690
12 093
After tax
19 230
24 795
18 310
16 907
Living cost
15 703
15 703
15 703
15 703
Free-cash
3 527
9 092
2 607
1 204

Estimated living cost  is ₽15703 per week

₽10386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽899
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽375
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4044
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13234
-₽19574
-₽13234
-₽15733
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
1 310
trade
-
-
-
-
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.

-
-
-
6 142
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.

-
-
-
72
total
-
-
-
7 524
Employee

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

44 733
-
29 000
-
surtax

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

203
-
72
-
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.

6 142
-
6 142
-
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.

3 678
-
1 310
-
total
10 023
-
7 524
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
29 000
-
-
income
-
4 351
-
-
trade
-
4 161
-
-
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
-
-
chamber of commerce
-
179
-
-
total
-
8 930
-
-
Dividends
-
20 070
-
-
withholding
-
4 676
-
-
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.

-
258
-
-
total
-
4 934
-
-
Income
29 000
29 000
29 000
29 000
Total tax
10 023
13 864
7 524
7 524
After tax
18 977
15 136
21 476
21 476
Living cost
34 710
34 710
34 710
34 710
Free-cash
-15 733
-19 574
-13 234
-13 234

Estimated living cost  is ₽34710 per week

₽23944
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3735
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.
₽6528
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26190
-₽30915
-₽26190
-₽41327
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
29 000
income
-
-
-
2 986
social contributions
-
-
-
990
total
-
-
-
3 976
Employee
70 326
-
29 000
-
income
13 270
-
2 986
-
social contributions
5 843
-
990
-
total
19 113
-
3 976
-
Employer
70 326
-
29 000
-
total
-
-
-
-
Corporate
-
29 000
-
-
income
-
3 625
-
-
total
-
3 625
-
-
Dividends
-
25 375
-
-
withholding
-
5 076
-
-
total
-
5 076
-
-
Income
29 000
29 000
29 000
29 000
Total tax
19 113
8 701
3 976
3 976
After tax
9 887
20 299
25 024
25 024
Living cost
51 214
51 214
51 214
51 214
Free-cash
-41 327
-30 915
-26 190
-26 190

Estimated living cost  is ₽51214 per week

₽38963
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4173
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.
₽7589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10146
-₽16613
-₽34862
-₽19059
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 592
health

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

-
-
-
5 634
total
-
-
-
31 226
Employee
41 243
-
26 359
-
income
4 475
-
1 228
-
social contributions
4 132
-
2 641
-
total
8 607
-
3 869
-
Employer
41 243
-
26 359
-
social contributions
4 132
-
2 641
-
total
4 132
-
2 641
-
Corporate
-
29 000
-
-
income
-
10 150
-
-
total
-
10 150
-
-
Dividends
-
18 850
-
-
social contributions
2 684
2 827
-
-
total
2 684
2 827
-
-
Income
29 000
29 000
29 000
29 000
Total tax
15 423
12 977
6 510
31 226
After tax
13 577
16 023
22 490
-2 226
Living cost
32 636
32 636
32 636
32 636
Free-cash
-19 059
-16 613
-10 146
-34 862

Estimated living cost  is ₽32636 per week

₽21497
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13343
-₽11740
-₽11153
-₽22453
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 580
pensions
-
-
-
1 105
total
-
-
-
6 685
Employee
45 939
-
26 534
-
pensions
3 506
-
1 179
-
health
599
-
200
-
income
8 366
-
5 030
-
total
12 471
-
6 409
-
Employer
45 939
-
26 534
-
health
873
-
504
-
pensions
4 641
-
1 962
-
total
5 514
-
2 466
-
Corporate
-
29 000
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

-
5 510
-
-
total
-
5 510
-
-
Dividends
-
23 490
-
-
withholding
-
1 762
-
-
total
-
1 762
-
-
Income
29 000
29 000
29 000
29 000
Total tax
17 985
7 272
8 875
6 685
After tax
11 015
21 728
20 125
22 315
Living cost
33 468
33 468
33 468
33 468
Free-cash
-22 453
-11 740
-13 343
-11 153

Estimated living cost  is ₽33468 per week

₽22958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3078
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽419
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7011
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽6165
-₽19132
-₽2795
-₽11677
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 033
pensions
-
-
-
3 752
other
-
-
-
334
accident
-
-
-
228
health
-
-
-
1 967
total
-
-
-
10 314
Employee
33 791
-
24 090
-
pensions
3 805
-
2 712
-
health
3 869
-
2 758
-
income
4 636
-
3 305
-
total
12 310
-
8 775
-
Employer
33 791
-
24 090
-
accident
564
-
402
-
unemployment
828
-
590
-
pensions
5 494
-
3 917
-
total
6 886
-
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
19 196
26 651
13 684
10 314
After tax
9 804
2 349
15 316
18 686
Living cost
21 481
21 481
21 481
21 481
Free-cash
-11 677
-19 132
-6 165
-2 795

Estimated living cost  is ₽21481 per week

₽15765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1252
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4032
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6002
₽12527
₽6002
₽8163
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
5 336
unemployment
-
-
-
348
health insurance
-
-
-
2 146
work injury
-
-
-
145
total
-
-
-
10 875
Employee

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

19 397
-
29 000
-
unemployment
233
-
348
-
work injury
97
-
145
-
pensions
3 569
-
5 336
-
health insurance
1 435
-
2 146
-
income
1 940
-
2 900
-
total
7 274
-
10 875
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
9 603
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
9 603
29 000
-
-
withholding
1 440
4 350
-
-
total
1 440
4 350
-
-
Income
29 000
29 000
29 000
29 000
Total tax
8 714
4 350
10 875
10 875
After tax
20 286
24 650
18 125
18 125
Living cost
12 123
12 123
12 123
12 123
Free-cash
8 163
12 527
6 002
6 002

Estimated living cost  is ₽12123 per week

₽7510
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽881
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽378
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3353
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21521
-₽20539
-₽19796
-₽46761
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
372
social contributions
-
-
-
7 459
municipal
-
-
-
194
national
-
-
-
4 955
total
-
-
-
12 980
Employee
75 759
-
29 000
-
municipal
452
-
172
-
social contributions
25 546
-
9 779
-
regional
1 144
-
333
-
national
12 803
-
4 421
-
total
39 945
-
14 705
-
Employer
75 759
-
29 000
-
total
-
-
-
-
Corporate
-
29 000
-
-
nationa
-
6 959
-
-
municipal
-
1 397
-
-
total
-
8 356
-
-
Dividends
-
20 643
-
-
withholding
-
5 367
-
-
total
-
5 367
-
-
Income
29 000
29 000
29 000
29 000
Total tax
39 945
13 723
14 705
12 980
After tax
-10 945
15 277
14 295
16 020
Living cost
35 816
35 816
35 816
35 816
Free-cash
-46 761
-20 539
-21 521
-19 796

Estimated living cost  is ₽35816 per week

₽25158
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2464
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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