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
₽ 31500
per

Your estimated
City
free-cash

Dresden , Germany
-₽14438
-₽7096
-₽7269
-₽7269
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
31 500
trade
-
-
-
-
income

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

-
-
-
1 241
health

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

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

-
-
-
6 894
surtax

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

-
-
-
69
total
-
-
-
8 204
Employee

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

38 597
-
31 500
-
health

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

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

6 894
-
6 894
-
surtax

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

59
-
69
-
income

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

1 078
-
1 241
-
total
8 031
-
8 204
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
31 500
-
-
surtax

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

-
260
-
-
income
-
4 724
-
-
trade
-
4 962
-
-
chamber of commerce
-
199
-
-
total
-
10 145
-
-
Dividends
-
21 354
-
-
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.

-
272
-
-
withholding
-
4 956
-
-
total
-
5 228
-
-
Income
31 500
31 500
31 500
31 500
Total tax
8 031
15 373
8 204
8 204
After tax
23 469
16 127
23 296
23 296
Living cost
30 565
30 565
30 565
30 565
Free-cash
-7 096
-14 438
-7 269
-7 269

Estimated living cost  is ₽30565 per week

₽19226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31334
-₽54718
-₽29776
-₽29529
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
municipal
-
-
-
2 419
pensions
-
-
-
3 780
national
-
-
-
3 748
social contributions
-
-
-
339
total
-
-
-
10 286
Employee
79 044
-
27 231
-
municipal
9 763
-
2 541
-
pensions
3 162
-
1 089
-
national
15 129
-
3 937
-
total
28 054
-
7 567
-
Employer
79 044
-
27 231
-
social contributions
850
-
293
-
pensions
6 324
-
2 179
-
total
7 174
-
2 472
-
Corporate
-
31 500
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

-
6 300
-
-
total
-
6 300
-
-
Dividends
-
25 200
-
-
withholding
-
5 544
-
-
total
-
5 544
-
-
Income
31 500
31 500
31 500
31 500
Total tax
35 228
11 844
10 039
10 286
After tax
-3 728
19 656
21 461
21 214
Living cost
50 990
50 990
50 990
50 990
Free-cash
-54 718
-31 334
-29 529
-29 776

Estimated living cost  is ₽50990 per week

₽34657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Source of data for Reykjavik model

Close
Riga , Latvia
₽4206
-₽5090
₽2605
-₽2920
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
31 500
microenterprise
-
-
-
4 724
income
-
-
-
-
surtax
-
-
-
-
social contributions

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

-
-
-
3 177
total
-
-
-
7 901
Employee
29 487
-
25 385
-
social contributions

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

3 244
-
2 792
-
surtax
-
-
-
-
income
5 249
-
4 519
-
total
8 493
-
7 311
-
Employer
29 487
-
25 385
-
social contributions

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

7 103
-
6 115
-
surtax
-
-
-
-
total
7 103
-
6 115
-
Corporate
-
31 500
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

-
6 300
-
-
total
-
6 300
-
-
Dividends

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

-
25 200
-
-
total
-
-
-
-
Income
31 500
31 500
31 500
31 500
Total tax
15 596
6 300
13 426
7 901
After tax
15 904
25 200
18 074
23 599
Living cost
20 994
20 994
20 994
20 994
Free-cash
-5 090
4 206
-2 920
2 605

Estimated living cost  is ₽20994 per week

₽13393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
-₽63042
-₽68706
-₽24110
-₽68706
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
income
-
-
-
2 834
pensions
-
-
-
5 668
health
-
-
-
4 835
total
-
-
-
13 337
Employee
86 174
86 174
86 174
-
health
13 227
11 251
13 227
-
income

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

14 105
14 105
14 105
-
pensions
15 511
11 823
15 511
-
total
42 843
37 179
42 843
-
Employer
86 174
86 174
86 174
-
unemployment
3 102
3 102
3 102
-
pensions
5 998
5 998
5 998
-
health
5 990
5 990
5 990
-
total
15 090
15 090
15 090
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
31 500
31 500
31 500
31 500
Total tax
57 933
52 269
57 933
13 337
After tax
-26 433
-20 769
-26 433
18 163
Living cost
42 273
42 273
42 273
42 273
Free-cash
-68 706
-63 042
-68 706
-24 110

Estimated living cost  is ₽42273 per week

₽29958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21790
-₽41513
-₽23287
-₽22167
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
municipal
-
-
-
6 672
accident
-
-
-
63
pensions
-
-
-
3 405
other
-
-
-
3 660
unemployment
-
-
-
32
health
-
-
-
1 966
national
-
-
-
-
total
-
-
-
15 798
Employee
55 556
-
23 969
-
municipal
16 567
-
7 147
-
national
-
-
-
-
total
16 567
-
7 147
-
Employer
55 556
-
23 969
-
accident
111
-
48
-
other
6 456
-
2 785
-
unemployment
1 467
-
633
-
pensions
6 006
-
2 591
-
health
3 417
-
1 474
-
total
17 457
-
7 531
-
Corporate
-
31 500
-
-
income
-
6 930
-
-
total
-
6 930
-
-
Dividends
-
24 570
-
-
withholding
-
7 371
-
-
total
-
7 371
-
-
Income
31 500
31 500
31 500
31 500
Total tax
34 024
14 301
14 678
15 798
After tax
-2 524
17 199
16 822
15 702
Living cost
38 989
38 989
38 989
38 989
Free-cash
-41 513
-21 790
-22 167
-23 287

Estimated living cost  is ₽38989 per week

₽25841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
-₽23675
-₽19674
-₽16346
-₽16346
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
31 500
trade
-
-
-
-
income

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

-
-
-
1 241
health

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

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

-
-
-
6 894
surtax

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

-
-
-
69
total
-
-
-
8 204
Employee

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

51 174
-
31 500
-
health

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

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

6 894
-
6 894
-
surtax

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

241
-
69
-
income

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

4 397
-
1 241
-
total
11 532
-
8 204
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
31 500
-
-
surtax

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

-
260
-
-
income
-
4 724
-
-
trade
-
5 182
-
-
chamber of commerce
-
197
-
-
total
-
10 363
-
-
Dividends
-
21 136
-
-
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.

-
270
-
-
withholding
-
4 900
-
-
total
-
5 170
-
-
Income
31 500
31 500
31 500
31 500
Total tax
11 532
15 533
8 204
8 204
After tax
19 968
15 967
23 296
23 296
Living cost
39 642
39 642
39 642
39 642
Free-cash
-19 674
-23 675
-16 346
-16 346

Estimated living cost  is ₽39642 per week

₽26513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4180
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Hamburg model

Close
Limassol , Cyprus
-₽24049
-₽18534
-₽8194
-₽15644
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 362
income
-
-
-
-
health
-
-
-
979
social contributions
-
-
-
5 984
total
-
-
-
6 963
Employee
77 596
77 596
77 596
-
social contributions
3 771
6 440
2 373
-
health
772
1 319
486
-
income
8 148
7 183
8 652
-
total
12 691
14 942
11 511
-
Employer
77 596
77 596
77 596
-
social contributions
3 771
6 440
2 373
-
health
841
1 436
529
-
total
4 612
7 876
2 902
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
31 500
31 500
31 500
31 500
Total tax
17 303
22 818
14 413
6 963
After tax
14 197
8 682
17 087
24 537
Living cost
32 731
32 731
32 731
32 731
Free-cash
-18 534
-24 049
-15 644
-8 194

Estimated living cost  is ₽32731 per week

₽22375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7250
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽333
-₽129
₽3486
-₽73
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
income
-
-
-
3 851
pensions
-
-
-
3 150
unemployment
-
-
-
473
health
-
-
-
2 205
total
-
-
-
9 679
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.

26 467
10 533
26 360
-
health
1 853
737
1 845
-
income
3 236
1 288
3 222
-
pensions
2 647
1 053
2 636
-
unemployment
397
158
395
-
total
8 133
3 236
8 098
-
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.

26 467
10 533
26 360
-
pensions
5 161
2 054
5 140
-
total
5 161
2 054
5 140
-
Corporate
-
18 913
-
-
income
-
1 702
-
-
total
-
1 702
-
-
Dividends
-
17 211
-
-
social contributions
-
3 236
-
-
withholding
-
3 270
-
-
total
-
6 506
-
-
Income
31 500
31 500
31 500
31 500
Total tax
13 294
13 498
13 238
9 679
After tax
18 206
18 002
18 262
21 821
Living cost
18 335
18 335
18 335
18 335
Free-cash
-129
-333
-73
3 486

Estimated living cost  is ₽18335 per week

₽12512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽826
-₽6805
-₽5191
-₽3920
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
income
-
-
-
1 923
pensions
-
-
-
6 300
health
-
-
-
4 094
total
-
-
-
12 317
Employee
28 627
-
23 543
-
income
3 223
-
2 241
-
pensions
573
-
471
-
unemployment
458
-
377
-
total
4 254
-
3 089
-
Employer
28 627
-
23 543
-
unemployment
230
-
188
-
pensions
5 726
-
4 709
-
health
3 721
-
3 060
-
total
9 677
-
7 957
-
Corporate
-
31 500
-
-
income
-
6 300
-
-
total
-
6 300
-
-
Dividends
-
25 200
-
-
total
-
-
-
-
Income
31 500
31 500
31 500
31 500
Total tax
13 931
6 300
11 046
12 317
After tax
17 569
25 200
20 454
19 183
Living cost
24 374
24 374
24 374
24 374
Free-cash
-6 805
826
-3 920
-5 191

Estimated living cost  is ₽24374 per week

₽16718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19520
-₽10295
-₽1909
-₽5437
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
accident
-
-
-
253
income
-
-
-
4 351
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
11 338
Employee
34 719
-
26 167
-
health
3 975
-
2 996
-
income
4 763
-
3 590
-
pensions
3 909
-
2 947
-
total
12 647
-
9 533
-
Employer
34 719
-
26 167
-
accident
580
-
437
-
unemployment
851
-
641
-
pensions
5 646
-
4 255
-
total
7 077
-
5 333
-
Corporate
-
31 500
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

-
28 350
-
-
total
-
28 350
-
-
Dividends
-
3 150
-
-
withholding
-
599
-
-
total
-
599
-
-
Income
31 500
31 500
31 500
31 500
Total tax
19 724
28 949
14 866
11 338
After tax
11 776
2 551
16 634
20 162
Living cost
22 071
22 071
22 071
22 071
Free-cash
-10 295
-19 520
-5 437
-1 909

Estimated living cost  is ₽22071 per week

₽16176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20846
₽19144
₽22106
₽16121
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
31 500
microenterprise

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

-
-
-
315
total
-
-
-
315
Employee
11 349
-
31 500
-
income
2 269
-
6 300
-
total
2 269
-
6 300
-
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%.

20 151
31 500
-
-
total
-
-
-
-
Dividends
20 151
31 500
-
-
withholding
1 008
1 575
-
-
total
1 008
1 575
-
-
Income
31 500
31 500
31 500
31 500
Total tax
3 277
1 575
6 300
315
After tax
28 223
29 925
25 200
31 185
Living cost
9 079
9 079
9 079
9 079
Free-cash
19 144
20 846
16 121
22 106

Estimated living cost  is ₽9079 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Batumi model

Close
Bratislava , Slovakia
-₽3746
-₽14374
-₽9831
-₽8424
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
income
-
-
-
4 000
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.

-
-
-
7 560
other
-
-
-
1 496
health
-
-
-
1 386
total
-
-
-
14 442
Employee
36 640
-
25 161
-
health
513
-
352
-
income
6 308
-
4 332
-
pensions

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

2 564
-
1 762
-
unemployment
366
-
251
-
total
9 751
-
6 697
-
Employer
36 640
-
25 161
-
accident
293
-
201
-
other
1 833
-
1 258
-
unemployment
366
-
251
-
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.

6 229
-
4 276
-
health
513
-
352
-
total
9 234
-
6 338
-
Corporate
-
31 500
-
-
income
-
6 614
-
-
total
-
6 614
-
-
Dividends
-
24 886
-
-
withholding
-
1 743
-
-
total
-
1 743
-
-
Income
31 500
31 500
31 500
31 500
Total tax
18 985
8 357
13 035
14 442
After tax
12 515
23 143
18 465
17 058
Living cost
26 889
26 889
26 889
26 889
Free-cash
-14 374
-3 746
-8 424
-9 831

Estimated living cost  is ₽26889 per week

₽18999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1815
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
-₽44121
-₽77450
-₽43436
-₽45755
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
income
-
-
-
6 070
pensions
-
-
-
1 144
total
-
-
-
7 214
Employee
95 816
-
28 875
-
health
1 579
-
207
-
income
17 272
-
5 490
-
pensions
9 244
-
1 211
-
total
28 095
-
6 908
-
Employer
95 816
-
28 875
-
pensions
11 313
-
2 076
-
health
1 820
-
549
-
total
13 133
-
2 625
-
Corporate
-
31 500
-
-
income

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

-
5 986
-
-
total
-
5 986
-
-
Dividends
-
25 514
-
-
withholding
-
1 913
-
-
total
-
1 913
-
-
Income
31 500
31 500
31 500
31 500
Total tax
41 228
7 899
9 533
7 214
After tax
-9 728
23 601
21 967
24 286
Living cost
67 722
67 722
67 722
67 722
Free-cash
-77 450
-44 121
-45 755
-43 436

Estimated living cost  is ₽67722 per week

₽50745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for London model

Close
Varna , Bulgaria
₽13693
₽9003
₽5126
₽6648
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
income
-
-
-
4 725
pensions

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

-
-
-
4 662
unemployment
-
-
-
126
health
-
-
-
3 622
total
-
-
-
13 135
Employee
17 531
-
26 334
-
health
806
-
1 211
-
accident

We are using the highest rate at 1.1%.

193
-
290
-
income
1 753
-
2 634
-
pensions

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

1 539
-
2 312
-
total
4 291
-
6 447
-
Employer
17 531
-
26 334
-
accident

We are using the highest rate at 1.1%.

193
-
290
-
unemployment
105
-
158
-
pensions

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

1 932
-
2 902
-
health
1 210
-
1 816
-
total
3 440
-
5 166
-
Corporate
10 529
31 500
-
-
income
1 053
3 150
-
-
total
1 053
3 150
-
-
Dividends
9 476
28 350
-
-
withholding
474
1 418
-
-
total
474
1 418
-
-
Income
31 500
31 500
31 500
31 500
Total tax
9 258
4 568
11 613
13 135
After tax
22 242
26 932
19 887
18 365
Living cost
13 239
13 239
13 239
13 239
Free-cash
9 003
13 693
6 648
5 126

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
-₽76726
-₽78437
-₽37794
-₽82390
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
income
-
-
-
2 834
pensions
-
-
-
5 668
health
-
-
-
4 835
total
-
-
-
13 337
Employee
93 558
86 174
86 174
-
health
11 672
11 251
13 227
-
income

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

14 105
14 105
14 105
-
pensions
11 823
11 823
15 511
-
total
37 600
37 179
42 843
-
Employer
93 558
86 174
86 174
-
unemployment
3 368
3 102
3 102
-
pensions
6 511
5 998
5 998
-
health
6 501
5 990
5 990
-
total
16 380
15 090
15 090
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
31 500
31 500
31 500
31 500
Total tax
53 980
52 269
57 933
13 337
After tax
-22 480
-20 769
-26 433
18 163
Living cost
55 957
55 957
55 957
55 957
Free-cash
-78 437
-76 726
-82 390
-37 794

Estimated living cost  is ₽55957 per week

₽41278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
-₽2479
-₽16124
-₽8824
-₽8183
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
income
-
-
-
2 707
health
-
-
-
4 252
solidarity contribution
-
-
-
-
social contributions
-
-
-
9 198
total
-
-
-
16 157
Employee
35 540
-
23 507
-
social contributions
2 310
-
1 528
-
health
4 798
-
3 174
-
solidarity contribution
-
-
-
-
income
4 265
-
2 821
-
total
11 373
-
7 523
-
Employer
35 540
-
23 507
-
social contributions
8 885
-
5 877
-
health
3 199
-
2 116
-
total
12 084
-
7 993
-
Corporate
-
31 500
-
-
income
-
5 985
-
-
total
-
5 985
-
-
Dividends
-
25 515
-
-
withholding
-
3 827
-
-
total
-
3 827
-
-
Income
31 500
31 500
31 500
31 500
Total tax
23 457
9 812
15 516
16 157
After tax
8 043
21 688
15 984
15 343
Living cost
24 167
24 167
24 167
24 167
Free-cash
-16 124
-2 479
-8 183
-8 824

Estimated living cost  is ₽24167 per week

₽16787
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
-₽25774
-₽58183
-₽25039
-₽26930
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
municipal
-
-
-
188
regional
-
-
-
287
national
-
-
-
5 381
social contributions
-
-
-
8 102
total
-
-
-
13 958
Employee
89 684
-
31 500
-
social contributions
30 241
-
10 622
-
regional
846
-
257
-
municipal
475
-
167
-
national
15 540
-
4 803
-
total
47 102
-
15 849
-
Employer
89 684
-
31 500
-
total
-
-
-
-
Corporate
-
31 500
-
-
nationa
-
7 560
-
-
municipal
-
1 229
-
-
total
-
8 789
-
-
Dividends
-
22 710
-
-
withholding
-
5 904
-
-
total
-
5 904
-
-
Income
31 500
31 500
31 500
31 500
Total tax
47 102
14 693
15 849
13 958
After tax
-15 602
16 807
15 651
17 542
Living cost
42 581
42 581
42 581
42 581
Free-cash
-58 183
-25 774
-26 930
-25 039

Estimated living cost  is ₽42581 per week

₽29682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2455
-₽8896
-₽4081
-₽4816
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
income
-
-
-
4 546
pensions
-
-
-
6 300
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
2 237
surtax
-
-
-
-
total
-
-
-
13 313
Employee
33 371
-
26 023
-
other
-
-
-
-
health
852
-
663
-
surtax
109
-
-
-
income
5 594
-
4 362
-
pensions
2 225
-
1 735
-
unemployment
2 323
-
1 812
-
total
11 103
-
8 572
-
Employer
33 371
-
26 023
-
other
-
-
-
-
unemployment
1 057
-
825
-
pensions
4 449
-
3 468
-
health
1 519
-
1 183
-
total
7 025
-
5 476
-
Corporate
-
31 500
-
-
income
-
8 190
-
-
total
-
8 190
-
-
Dividends
-
23 310
-
-
withholding
-
3 497
-
-
total
-
3 497
-
-
Income
31 500
31 500
31 500
31 500
Total tax
18 128
11 687
14 048
13 313
After tax
13 372
19 813
17 452
18 187
Living cost
22 268
22 268
22 268
22 268
Free-cash
-8 896
-2 455
-4 816
-4 081

Estimated living cost  is ₽22268 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
-₽22665
-₽40884
-₽21980
-₽24299
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
income
-
-
-
6 070
pensions
-
-
-
1 144
total
-
-
-
7 214
Employee
64 213
-
28 875
-
health
932
-
207
-
income
11 565
-
5 490
-
pensions
5 450
-
1 211
-
total
17 947
-
6 908
-
Employer
64 213
-
28 875
-
pensions
6 951
-
2 076
-
health
1 220
-
549
-
total
8 171
-
2 625
-
Corporate
-
31 500
-
-
income

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

-
5 986
-
-
total
-
5 986
-
-
Dividends
-
25 514
-
-
withholding
-
1 913
-
-
total
-
1 913
-
-
Income
31 500
31 500
31 500
31 500
Total tax
26 118
7 899
9 533
7 214
After tax
5 382
23 601
21 967
24 286
Living cost
46 266
46 266
46 266
46 266
Free-cash
-40 884
-22 665
-24 299
-21 980

Estimated living cost  is ₽46266 per week

₽34662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽61863
-₽66253
-₽49219
-₽52053
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
city
-
-
-
329
pensions
-
-
-
2 897
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.

-
-
-
631
regional
-
-
-
347
health
-
-
-
249
national
-
-
-
-
total
-
-
-
4 453
Employee
89 251
-
27 541
-
city
958
-
288
-
regional
2 923
-
239
-
health
202
-
63
-
pensions
7 498
-
3 042
-
unemployment
-
-
-
-
national
422
-
-
-
total
12 003
-
3 632
-
Employer
89 251
-
27 541
-
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.

1 784
-
550
-
unemployment
-
-
-
-
pensions
7 498
-
3 042
-
health
202
-
63
-
total
9 484
-
3 655
-
Corporate
-
31 500
-
-
regional
-
6 662
-
-
national
-
2 678
-
-
total
-
9 340
-
-
Dividends
-
22 160
-
-
withholding
-
7 757
-
-
total
-
7 757
-
-
Income
31 500
31 500
31 500
31 500
Total tax
21 487
17 097
7 287
4 453
After tax
10 013
14 403
24 213
27 047
Living cost
76 266
76 266
76 266
76 266
Free-cash
-66 253
-61 863
-52 053
-49 219

Estimated living cost  is ₽76266 per week

₽49595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6844
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽30422
-₽29146
-₽22932
-₽22932
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
31 500
trade
-
-
-
-
income

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

-
-
-
1 241
health

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

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

-
-
-
6 894
surtax

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

-
-
-
69
total
-
-
-
8 204
Employee

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

60 646
-
31 500
-
health

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

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

6 894
-
6 894
-
surtax

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

393
-
69
-
income

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

7 131
-
1 241
-
total
14 418
-
8 204
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
31 500
-
-
surtax

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

-
260
-
-
income
-
4 724
-
-
trade
-
5 402
-
-
chamber of commerce
-
197
-
-
total
-
10 583
-
-
Dividends
-
20 916
-
-
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.

-
266
-
-
withholding
-
4 845
-
-
total
-
5 111
-
-
Income
31 500
31 500
31 500
31 500
Total tax
14 418
15 694
8 204
8 204
After tax
17 082
15 806
23 296
23 296
Living cost
46 228
46 228
46 228
46 228
Free-cash
-29 146
-30 422
-22 932
-22 932

Estimated living cost  is ₽46228 per week

₽33763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18649
-₽25175
-₽15053
-₽14153
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
income
-
-
-
90
pensions
-
-
-
9 789
other
-
-
-
977
health
-
-
-
274
surtax
-
-
-
-
social contributions
-
-
-
898
total
-
-
-
12 028
Employee
43 189
-
24 003
-
social contributions
1 231
-
686
-
surtax
-
-
-
-
income
2 549
-
230
-
pensions
4 883
-
2 715
-
total
8 663
-
3 631
-
Employer
43 189
-
24 003
-
other
1 490
-
827
-
social contributions
130
-
73
-
unemployment
1 748
-
973
-
pensions
7 095
-
3 945
-
health
3 024
-
1 679
-
total
13 487
-
7 497
-
Corporate
-
31 500
-
-
surtax
-
-
-
-
income
-
8 820
-
-
total
-
8 820
-
-
Dividends
-
22 680
-
-
surtax
-
-
-
-
social contributions
-
3 901
-
-
withholding
-
2 903
-
-
total
-
6 804
-
-
Income
31 500
31 500
31 500
31 500
Total tax
22 150
15 624
11 128
12 028
After tax
9 350
15 876
20 372
19 472
Living cost
34 525
34 525
34 525
34 525
Free-cash
-25 175
-18 649
-14 153
-15 053

Estimated living cost  is ₽34525 per week

₽21770
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15229
-₽19092
-₽11633
-₽10733
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
income
-
-
-
90
pensions
-
-
-
9 789
other
-
-
-
977
health
-
-
-
274
surtax
-
-
-
-
social contributions
-
-
-
898
total
-
-
-
12 028
Employee
38 552
-
24 003
-
social contributions
1 099
-
686
-
surtax
-
-
-
-
income
1 988
-
230
-
pensions
4 360
-
2 715
-
total
7 447
-
3 631
-
Employer
38 552
-
24 003
-
other
1 331
-
827
-
social contributions
115
-
73
-
unemployment
1 561
-
973
-
pensions
6 335
-
3 945
-
health
2 698
-
1 679
-
total
12 040
-
7 497
-
Corporate
-
31 500
-
-
surtax
-
-
-
-
income
-
8 820
-
-
total
-
8 820
-
-
Dividends
-
22 680
-
-
surtax
-
-
-
-
social contributions
-
3 901
-
-
withholding
-
2 903
-
-
total
-
6 804
-
-
Income
31 500
31 500
31 500
31 500
Total tax
19 487
15 624
11 128
12 028
After tax
12 013
15 876
20 372
19 472
Living cost
31 105
31 105
31 105
31 105
Free-cash
-19 092
-15 229
-10 733
-11 633

Estimated living cost  is ₽31105 per week

₽18039
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2181
-₽5365
-₽1167
-₽1525
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
income
-
-
-
4 724
health
-
-
-
2 198
social contributions
-
-
-
4 347
total
-
-
-
11 269
Employee
34 215
-
31 500
-
social contributions
4 722
-
4 347
-
health
2 388
-
2 198
-
income
5 707
-
5 082
-
total
12 817
-
11 627
-
Employer
34 215
-
31 500
-
total
-
-
-
-
Corporate
-
31 500
-
-
income

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

-
1 574
-
-
total
-
1 574
-
-
Dividends
-
29 926
-
-
health
890
2 089
-
-
social contributions
1 760
4 131
-
-
withholding
-
4 489
-
-
total
2 650
10 709
-
-
Income
31 500
31 500
31 500
31 500
Total tax
15 467
12 283
11 627
11 269
After tax
16 033
19 217
19 873
20 231
Living cost
21 398
21 398
21 398
21 398
Free-cash
-5 365
-2 181
-1 525
-1 167

Estimated living cost  is ₽21398 per week

₽14320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27034
-₽34599
-₽18807
-₽25198
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
chamber of commerce
-
-
-
126
income
-
-
-
-
pensions
-
-
-
5 827
unemployment
-
-
-
6 189
health
-
-
-
2 409
surtax
-
-
-
199
total
-
-
-
14 750
Employee
50 431
40 215
40 215
-
other
504
402
234
-
health
1 951
1 557
904
-
income
5 741
2 966
3 882
-
pensions
5 165
4 117
2 390
-
unemployment
1 513
1 206
701
-
total
14 874
10 248
8 111
-
Employer
50 431
40 215
40 215
-
accident
655
523
303
-
other
2 396
1 909
1 768
-
chamber of commerce
201
161
161
-
unemployment
1 513
1 206
701
-
surtax
199
199
199
-
pensions
6 329
5 048
2 930
-
payroll
1 513
1 206
1 206
-
health
1 905
1 520
883
-
total
14 711
11 772
8 151
-
Corporate
3 830
3 830
19 520
-
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.

957
957
4 879
-
total
957
957
4 879
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
31 500
31 500
31 500
31 500
Total tax
30 542
22 977
21 141
14 750
After tax
958
8 523
10 359
16 750
Living cost
35 557
35 557
35 557
35 557
Free-cash
-34 599
-27 034
-25 198
-18 807

Estimated living cost  is ₽35557 per week

₽23715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Vienna model

Close
Brussels , Belgium
-₽18874
-₽61695
-₽16606
-₽22159
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
national
-
-
-
8 327
communal

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

-
-
-
1 819
social contributions
-
-
-
1 166
total
-
-
-
11 312
Employee

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

72 183
-
24 401
-
communal

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

3 765
-
1 273
-
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.

3 391
-
1 147
-
pensions

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

5 414
-
1 831
-
unemployment

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

628
-
213
-
national
22 192
-
5 303
-
total
35 390
-
9 767
-
Employer

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

72 183
-
24 401
-
accident

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

938
-
316
-
unemployment

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

1 053
-
356
-
surtax
8 185
-
2 765
-
pensions

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

6 396
-
2 162
-
health

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

4 439
-
1 499
-
total
21 011
-
7 098
-
Corporate
-
31 500
-
-
surtax
-
126
-
-
income
-
6 300
-
-
total
-
6 426
-
-
Dividends
-
25 073
-
-
withholding

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

-
7 154
-
-
total
-
7 154
-
-
Income
31 500
31 500
31 500
31 500
Total tax
56 401
13 580
16 865
11 312
After tax
-24 901
17 920
14 635
20 188
Living cost
36 794
36 794
36 794
36 794
Free-cash
-61 695
-18 874
-22 159
-16 606

Estimated living cost  is ₽36794 per week

₽23700
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15060
-₽34742
-₽18581
-₽21364
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
accident
-
-
-
283
income
-
-
-
4 190
pensions
-
-
-
8 914
other
-
-
-
31
unemployment
-
-
-
220
total
-
-
-
13 638
Employee
50 231
-
20 757
-
other
50
-
34
-
income
10 598
-
3 537
-
pensions
2 361
-
1 584
-
unemployment
779
-
523
-
total
13 788
-
5 678
-
Employer
50 231
-
20 757
-
accident
994
-
666
-
other
400
-
270
-
unemployment
2 763
-
1 854
-
pensions
11 854
-
7 953
-
total
16 011
-
10 743
-
Corporate
-
31 500
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

-
4 724
-
-
total
-
4 724
-
-
Dividends
-
26 776
-
-
withholding
-
5 393
-
-
total
-
5 393
-
-
Income
31 500
31 500
31 500
31 500
Total tax
29 799
10 117
16 421
13 638
After tax
1 701
21 383
15 079
17 862
Living cost
36 443
36 443
36 443
36 443
Free-cash
-34 742
-15 060
-21 364
-18 581

Estimated living cost  is ₽36443 per week

₽26837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
-₽33285
-₽54049
-₽36440
-₽36441
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
accident
-
-
-
433
income
-
-
-
-
pensions
-
-
-
7 683
health
-
-
-
3 600
surtax
-
-
-
1 385
communal
-
-
-
-
total
-
-
-
13 101
Employee
76 419
-
25 761
-
health
3 401
-
2 137
-
surtax
4 684
-
1 385
-
income
7 381
-
-
-
pensions
6 113
-
3 841
-
total
21 579
-
7 363
-
Employer
76 419
-
25 761
-
accident
687
-
433
-
pensions
6 113
-
3 841
-
health
2 331
-
1 465
-
total
9 131
-
5 739
-
Corporate
-
31 500
-
-
surtax
-
331
-
-
communal
-
-
-
-
income
-
4 724
-
-
total
-
5 055
-
-
Dividends
-
26 444
-
-
income
-
925
-
-
withholding
-
3 966
-
-
total
-
4 891
-
-
Income
31 500
31 500
31 500
31 500
Total tax
30 710
9 946
13 102
13 101
After tax
790
21 554
18 398
18 399
Living cost
54 839
54 839
54 839
54 839
Free-cash
-54 049
-33 285
-36 441
-36 440

Estimated living cost  is ₽54839 per week

₽41138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9797
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2853
-₽9637
-₽4479
-₽5214
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
income
-
-
-
4 546
pensions
-
-
-
6 300
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
2 237
surtax
-
-
-
-
total
-
-
-
13 313
Employee
33 983
-
26 023
-
other
-
-
-
-
health
867
-
663
-
surtax
121
-
-
-
income
5 697
-
4 362
-
pensions
2 267
-
1 735
-
unemployment
2 365
-
1 812
-
total
11 317
-
8 572
-
Employer
33 983
-
26 023
-
other
-
-
-
-
unemployment
1 078
-
825
-
pensions
4 531
-
3 468
-
health
1 545
-
1 183
-
total
7 154
-
5 476
-
Corporate
-
31 500
-
-
income
-
8 190
-
-
total
-
8 190
-
-
Dividends
-
23 310
-
-
withholding
-
3 497
-
-
total
-
3 497
-
-
Income
31 500
31 500
31 500
31 500
Total tax
18 471
11 687
14 048
13 313
After tax
13 029
19 813
17 452
18 187
Living cost
22 666
22 666
22 666
22 666
Free-cash
-9 637
-2 853
-5 214
-4 479

Estimated living cost  is ₽22666 per week

₽13684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
-₽10627
-₽24478
-₽9829
-₽11698
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
municipal
-
-
-
188
regional
-
-
-
475
national
-
-
-
5 381
social contributions
-
-
-
8 102
total
-
-
-
14 146
Employee
55 977
-
31 500
-
social contributions
18 876
-
10 622
-
regional
754
-
423
-
municipal
297
-
167
-
national
8 868
-
4 803
-
total
28 795
-
16 015
-
Employer
55 977
-
31 500
-
total
-
-
-
-
Corporate
-
31 500
-
-
nationa
-
7 560
-
-
municipal
-
1 566
-
-
total
-
9 126
-
-
Dividends
-
22 373
-
-
withholding
-
5 818
-
-
total
-
5 818
-
-
Income
31 500
31 500
31 500
31 500
Total tax
28 795
14 944
16 015
14 146
After tax
2 705
16 556
15 485
17 354
Living cost
27 183
27 183
27 183
27 183
Free-cash
-24 478
-10 627
-11 698
-9 829

Estimated living cost  is ₽27183 per week

₽16906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
-₽8092
-₽27184
-₽14437
-₽13796
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
income
-
-
-
2 707
health
-
-
-
4 252
solidarity contribution
-
-
-
-
social contributions
-
-
-
9 198
total
-
-
-
16 157
Employee
43 794
-
23 507
-
social contributions
2 847
-
1 528
-
health
5 912
-
3 174
-
solidarity contribution
-
-
-
-
income
5 255
-
2 821
-
total
14 014
-
7 523
-
Employer
43 794
-
23 507
-
social contributions
10 949
-
5 877
-
health
3 941
-
2 116
-
total
14 890
-
7 993
-
Corporate
-
31 500
-
-
income
-
5 985
-
-
total
-
5 985
-
-
Dividends
-
25 515
-
-
withholding
-
3 827
-
-
total
-
3 827
-
-
Income
31 500
31 500
31 500
31 500
Total tax
28 904
9 812
15 516
16 157
After tax
2 596
21 688
15 984
15 343
Living cost
29 780
29 780
29 780
29 780
Free-cash
-27 184
-8 092
-13 796
-14 437

Estimated living cost  is ₽29780 per week

₽22146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
-₽23472
-₽26261
-₽15245
-₽21732
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
chamber of commerce
-
-
-
126
income
-
-
-
-
pensions
-
-
-
5 827
unemployment
-
-
-
6 189
health
-
-
-
2 409
surtax
-
-
-
-
total
-
-
-
14 551
Employee
44 111
40 215
40 215
-
other
440
402
236
-
health
1 706
1 557
910
-
income
3 930
2 966
3 872
-
pensions
4 517
4 117
2 407
-
unemployment
1 323
1 206
705
-
total
11 916
10 248
8 130
-
Employer
44 111
40 215
40 215
-
accident
573
523
306
-
other
2 095
1 909
1 768
-
chamber of commerce
176
161
161
-
unemployment
1 323
1 206
705
-
surtax
-
-
-
-
pensions
5 536
5 048
2 951
-
payroll
1 323
1 206
1 206
-
health
1 668
1 520
889
-
total
12 694
11 573
7 986
-
Corporate
3 830
3 830
19 685
-
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.

957
957
4 922
-
total
957
957
4 922
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
31 500
31 500
31 500
31 500
Total tax
25 567
22 778
21 038
14 551
After tax
5 933
8 722
10 462
16 949
Living cost
32 194
32 194
32 194
32 194
Free-cash
-26 261
-23 472
-21 732
-15 245

Estimated living cost  is ₽32194 per week

₽19313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Graz model

Close
Tbilisi , Georgia
₽15776
₽13123
₽17036
₽11051
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
31 500
microenterprise

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

-
-
-
315
total
-
-
-
315
Employee
17 686
-
31 500
-
income
3 537
-
6 300
-
total
3 537
-
6 300
-
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%.

13 814
31 500
-
-
total
-
-
-
-
Dividends
13 814
31 500
-
-
withholding
691
1 575
-
-
total
691
1 575
-
-
Income
31 500
31 500
31 500
31 500
Total tax
4 228
1 575
6 300
315
After tax
27 272
29 925
25 200
31 185
Living cost
14 149
14 149
14 149
14 149
Free-cash
13 123
15 776
11 051
17 036

Estimated living cost  is ₽14149 per week

₽9574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
-₽5379
-₽20072
-₽8881
-₽9877
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
31 500
income
-
-
-
4 413
pensions
-
-
-
5 753
unemployment
-
-
-
48
health
-
-
-
3 100
total
-
-
-
13 314
Employee

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

44 623
-
27 254
-
health
2 882
-
1 760
-
income
7 695
-
4 043
-
pensions
6 917
-
4 224
-
unemployment
63
-
38
-
total
17 557
-
10 065
-
Employer

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

44 623
-
27 254
-
unemployment
27
-
17
-
pensions
3 949
-
2 413
-
health
2 972
-
1 815
-
total
6 948
-
4 245
-
Corporate
-
31 500
-
-
income
-
5 984
-
-
total
-
5 984
-
-
Dividends
-
25 516
-
-
withholding
-
3 828
-
-
total
-
3 828
-
-
Income
31 500
31 500
31 500
31 500
Total tax
24 505
9 812
14 310
13 314
After tax
6 995
21 688
17 190
18 186
Living cost
27 067
27 067
27 067
27 067
Free-cash
-20 072
-5 379
-9 877
-8 881

Estimated living cost  is ₽27067 per week

₽18575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24400
-₽119043
-₽21796
-₽26240
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
income
-
-
-
6 140
social contributions
-
-
-
3 591
total
-
-
-
9 731
Employee
62 466
-
4 784
-
social contributions
5 122
-
730
-
income
13 779
-
892
-
total
18 901
-
1 622
-
Employer
62 466
-
4 784
-
social contributions
88 077
-
12 553
-
total
88 077
-
12 553
-
Corporate
-
31 500
-
-
income
-
6 930
-
-
total
-
6 930
-
-
Dividends
-
24 570
-
-
income
-
5 405
-
-
total
-
5 405
-
-
Income
31 500
31 500
31 500
31 500
Total tax
106 978
12 335
14 175
9 731
After tax
-75 478
19 165
17 325
21 769
Living cost
43 565
43 565
43 565
43 565
Free-cash
-119 043
-24 400
-26 240
-21 796

Estimated living cost  is ₽43565 per week

₽28267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10646
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13736
-₽25935
-₽12937
-₽13174
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
31 500
income
-
-
-
1 838
surtax
-
-
-
-
social contributions

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

-
-
-
10 946
total
-
-
-
12 784
Employee
46 411
-
25 454
-
social contributions
5 105
-
2 800
-
surtax
-
-
-
-
income
9 654
-
4 175
-
total
14 759
-
6 975
-
Employer
46 411
-
25 454
-
social contributions
11 023
-
6 046
-
total
11 023
-
6 046
-
Corporate
-
31 500
-
-
surtax
-
-
-
-
income
-
6 614
-
-
total
-
6 614
-
-
Dividends
-
24 886
-
-
withholding
-
6 969
-
-
total
-
6 969
-
-
Income
31 500
31 500
31 500
31 500
Total tax
25 782
13 583
13 021
12 784
After tax
5 718
17 917
18 479
18 716
Living cost
31 653
31 653
31 653
31 653
Free-cash
-25 935
-13 736
-13 174
-12 937

Estimated living cost  is ₽31653 per week

₽23683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
-₽32863
-₽51443
-₽29267
-₽28367
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
income
-
-
-
90
pensions
-
-
-
9 789
other
-
-
-
977
health
-
-
-
274
surtax
-
-
-
-
social contributions
-
-
-
898
total
-
-
-
12 028
Employee
63 203
-
24 003
-
social contributions
1 800
-
686
-
surtax
-
-
-
-
income
5 515
-
230
-
pensions
7 149
-
2 715
-
total
14 464
-
3 631
-
Employer
63 203
-
24 003
-
other
2 181
-
827
-
social contributions
190
-
73
-
unemployment
2 560
-
973
-
pensions
10 385
-
3 945
-
health
4 424
-
1 679
-
total
19 740
-
7 497
-
Corporate
-
31 500
-
-
surtax
-
-
-
-
income
-
8 820
-
-
total
-
8 820
-
-
Dividends
-
22 680
-
-
surtax
-
-
-
-
social contributions
-
3 901
-
-
withholding
-
2 903
-
-
total
-
6 804
-
-
Income
31 500
31 500
31 500
31 500
Total tax
34 204
15 624
11 128
12 028
After tax
-2 704
15 876
20 372
19 472
Living cost
48 739
48 739
48 739
48 739
Free-cash
-51 443
-32 863
-28 367
-29 267

Estimated living cost  is ₽48739 per week

₽32986
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1984
-₽5971
-₽5764
-₽4833
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
income
-
-
-
-
social contributions
-
-
-
6 930
total
-
-
-
6 930
Employee
32 442
-
27 272
-
income
-
-
-
-
social contributions
2 108
-
1 771
-
total
2 108
-
1 771
-
Employer
32 442
-
27 272
-
social contributions
5 029
-
4 228
-
total
5 029
-
4 228
-
Corporate
-
31 500
-
-
income
-
3 150
-
-
total
-
3 150
-
-
Dividends
-
28 350
-
-
total
-
-
-
-
Income
31 500
31 500
31 500
31 500
Total tax
7 137
3 150
5 999
6 930
After tax
24 363
28 350
25 501
24 570
Living cost
30 334
30 334
30 334
30 334
Free-cash
-5 971
-1 984
-4 833
-5 764

Estimated living cost  is ₽30334 per week

₽19613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2286
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Source of data for Andorra model

Close
Copenhagen , Denmark
-₽188458
-₽188458
-₽26468
-₽188458
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
municipal
-
-
-
3 741
pensions
-
-
-
875
national
-
-
-
2 282
labour market
-
-
-
2 450
total
-
-
-
9 348
Employee
205 213
205 213
205 213
-
labour market
16 394
16 394
16 394
-
national
25 070
25 070
25 070
-
municipal
43 699
43 699
43 699
-
pensions
292
292
292
-
total
85 455
85 455
85 455
-
Employer
205 213
205 213
205 213
-
labour market
16 417
16 417
16 417
-
municipal
43 769
43 769
43 769
-
pensions
583
583
583
-
national
25 114
25 114
25 114
-
total
85 883
85 883
85 883
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
31 500
31 500
31 500
31 500
Total tax
171 338
171 338
171 338
9 348
After tax
-139 838
-139 838
-139 838
22 152
Living cost
48 620
48 620
48 620
48 620
Free-cash
-188 458
-188 458
-188 458
-26 468

Estimated living cost  is ₽48620 per week

₽33276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19194
-₽9678
-₽1583
-₽5111
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
accident
-
-
-
253
income
-
-
-
4 351
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
11 338
Employee
34 207
-
26 167
-
health
3 917
-
2 996
-
income
4 693
-
3 590
-
pensions
3 852
-
2 947
-
total
12 462
-
9 533
-
Employer
34 207
-
26 167
-
accident
571
-
437
-
unemployment
838
-
641
-
pensions
5 562
-
4 255
-
total
6 971
-
5 333
-
Corporate
-
31 500
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

-
28 350
-
-
total
-
28 350
-
-
Dividends
-
3 150
-
-
withholding
-
599
-
-
total
-
599
-
-
Income
31 500
31 500
31 500
31 500
Total tax
19 433
28 949
14 866
11 338
After tax
12 067
2 551
16 634
20 162
Living cost
21 745
21 745
21 745
21 745
Free-cash
-9 678
-19 194
-5 111
-1 583

Estimated living cost  is ₽21745 per week

₽15828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Krakow model

Close
Helsinki , Finland
-₽16944
-₽31610
-₽12965
-₽18808
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
31 500
municipal
-
-
-
5 659
health
-
-
-
63
national
-
-
-
-
total
-
-
-
5 722
Employee
53 092
-
26 498
-
health
396
-
-
-
municipal
8 696
-
4 376
-
pensions
3 583
-
1 789
-
unemployment
797
-
398
-
national
877
-
-
-
total
14 349
-
6 563
-
Employer
53 092
-
26 498
-
accident
54
-
27
-
unemployment
345
-
172
-
pensions
9 211
-
4 598
-
health
408
-
205
-
total
10 018
-
5 002
-
Corporate
-
31 500
-
-
income
-
6 300
-
-
total
-
6 300
-
-
Dividends

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

-
18 900
-
-
national
-
-
-
-
municipal
-
3 401
-
-
total
-
3 401
-
-
Income
31 500
31 500
31 500
31 500
Total tax
24 367
9 701
11 565
5 722
After tax
7 133
21 799
19 935
25 778
Living cost
38 743
38 743
38 743
38 743
Free-cash
-31 610
-16 944
-18 808
-12 965

Estimated living cost  is ₽38743 per week

₽25307
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14682
-₽7435
₽1173
-₽6277
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 362
income
-
-
-
-
health
-
-
-
979
social contributions
-
-
-
5 984
total
-
-
-
6 963
Employee
77 596
77 596
77 596
-
social contributions
2 934
6 440
2 373
-
health
601
1 319
486
-
income
8 449
7 183
8 652
-
total
11 984
14 942
11 511
-
Employer
77 596
77 596
77 596
-
social contributions
2 934
6 440
2 373
-
health
653
1 436
529
-
total
3 587
7 876
2 902
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
31 500
31 500
31 500
31 500
Total tax
15 571
22 818
14 413
6 963
After tax
15 929
8 682
17 087
24 537
Living cost
23 364
23 364
23 364
23 364
Free-cash
-7 435
-14 682
-6 277
1 173

Estimated living cost  is ₽23364 per week

₽14002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽10065
₽4928
₽3381
₽3650
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 500
income
-
-
-
1 997
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
12 097
Employee

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

23 163
-
28 559
-
health
1 969
-
2 428
-
income
1 584
-
2 030
-
pensions
3 474
-
4 284
-
unemployment
115
-
144
-
total
7 142
-
8 886
-
Employer

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

23 163
-
28 559
-
unemployment
115
-
144
-
pensions
1 273
-
1 570
-
health
996
-
1 228
-
total
2 384
-
2 942
-
Corporate
5 953
31 500
-
-
income
536
2 834
-
-
total
536
2 834
-
-
Dividends
5 417
28 666
-
-
withholding
488
2 579
-
-
total
488
2 579
-
-
Income
31 500
31 500
31 500
31 500
Total tax
10 550
5 413
11 828
12 097
After tax
20 950
26 087
19 672
19 403
Living cost
16 022
16 022
16 022
16 022
Free-cash
4 928
10 065
3 650
3 381

Estimated living cost  is ₽16022 per week

₽10222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
-₽6367
-₽17708
-₽9888
-₽12671
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
accident
-
-
-
283
income
-
-
-
4 190
pensions
-
-
-
8 914
other
-
-
-
31
unemployment
-
-
-
220
total
-
-
-
13 638
Employee
37 313
-
20 757
-
other
36
-
34
-
income
7 194
-
3 537
-
pensions
1 754
-
1 584
-
unemployment
578
-
523
-
total
9 562
-
5 678
-
Employer
37 313
-
20 757
-
accident
739
-
666
-
other
299
-
270
-
unemployment
2 053
-
1 854
-
pensions
8 805
-
7 953
-
total
11 896
-
10 743
-
Corporate
-
31 500
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

-
4 724
-
-
total
-
4 724
-
-
Dividends
-
26 776
-
-
withholding
-
5 393
-
-
total
-
5 393
-
-
Income
31 500
31 500
31 500
31 500
Total tax
21 458
10 117
16 421
13 638
After tax
10 042
21 383
15 079
17 862
Living cost
27 750
27 750
27 750
27 750
Free-cash
-17 708
-6 367
-12 671
-9 888

Estimated living cost  is ₽27750 per week

₽18730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽16900
₽16446
₽16100
₽15903
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
income
-
-
-
9 176
pensions
-
-
-
2 010
health
-
-
-
1 458
total
-
-
-
12 644
Employee
4 198
-
29 238
-
health
210
-
503
-
income
812
-
9 070
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
10 579
-
Employer
4 198
-
29 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
26 358
31 500
-
-
income
5 799
6 930
-
-
total
5 799
6 930
-
-
Dividends
20 559
24 570
-
-
withholding
4 112
4 914
-
-
total
4 112
4 914
-
-
Income
31 500
31 500
31 500
31 500
Total tax
12 298
11 844
12 841
12 644
After tax
19 202
19 656
18 659
18 856
Living cost
2 756
2 756
2 756
2 756
Free-cash
16 446
16 900
15 903
16 100

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽5306
₽341
-₽1115
₽241
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
31 500
income
-
-
-
3 256
pensions
-
-
-
8 190
unemployment
-
-
-
472
health
-
-
-
3 244
total
-
-
-
15 162
Employee

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

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

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

26 319
-
26 718
-
health
1 355
-
1 376
-
income
3 628
-
3 708
-
pensions
3 685
-
3 740
-
unemployment
197
-
200
-
total
8 865
-
9 024
-
Employer

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

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

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

26 319
-
26 718
-
unemployment
197
-
200
-
pensions
3 158
-
3 206
-
health
1 355
-
1 376
-
total
4 710
-
4 782
-
Corporate
470
31 500
-
-
income
71
4 725
-
-
total
71
4 725
-
-
Dividends
400
26 775
-
-
withholding
60
4 016
-
-
total
60
4 016
-
-
Income
31 500
31 500
31 500
31 500
Total tax
13 706
8 741
13 806
15 162
After tax
17 794
22 759
17 694
16 338
Living cost
17 453
17 453
17 453
17 453
Free-cash
341
5 306
241
-1 115

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
-₽9288
-₽16968
-₽8489
-₽8726
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
31 500
income
-
-
-
1 838
surtax
-
-
-
-
social contributions

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

-
-
-
10 946
total
-
-
-
12 784
Employee
39 166
-
25 454
-
social contributions
4 309
-
2 800
-
surtax
-
-
-
-
income
7 653
-
4 175
-
total
11 962
-
6 975
-
Employer
39 166
-
25 454
-
social contributions
9 301
-
6 046
-
total
9 301
-
6 046
-
Corporate
-
31 500
-
-
surtax
-
-
-
-
income
-
6 614
-
-
total
-
6 614
-
-
Dividends
-
24 886
-
-
withholding
-
6 969
-
-
total
-
6 969
-
-
Income
31 500
31 500
31 500
31 500
Total tax
21 263
13 583
13 021
12 784
After tax
10 237
17 917
18 479
18 716
Living cost
27 205
27 205
27 205
27 205
Free-cash
-16 968
-9 288
-8 726
-8 489

Estimated living cost  is ₽27205 per week

₽19269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
-₽14082
-₽32775
-₽17603
-₽20386
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
accident
-
-
-
283
income
-
-
-
4 190
pensions
-
-
-
8 914
other
-
-
-
31
unemployment
-
-
-
220
total
-
-
-
13 638
Employee
48 736
-
20 757
-
other
48
-
34
-
income
10 179
-
3 537
-
pensions
2 290
-
1 584
-
unemployment
755
-
523
-
total
13 272
-
5 678
-
Employer
48 736
-
20 757
-
accident
965
-
666
-
other
391
-
270
-
unemployment
2 681
-
1 854
-
pensions
11 501
-
7 953
-
total
15 538
-
10 743
-
Corporate
-
31 500
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

-
4 724
-
-
total
-
4 724
-
-
Dividends
-
26 776
-
-
withholding
-
5 393
-
-
total
-
5 393
-
-
Income
31 500
31 500
31 500
31 500
Total tax
28 810
10 117
16 421
13 638
After tax
2 690
21 383
15 079
17 862
Living cost
35 465
35 465
35 465
35 465
Free-cash
-32 775
-14 082
-20 386
-17 603

Estimated living cost  is ₽35465 per week

₽25469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽9561
₽3408
₽994
₽2516
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
income
-
-
-
4 725
pensions

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

-
-
-
4 662
unemployment
-
-
-
126
health
-
-
-
3 622
total
-
-
-
13 135
Employee
23 001
-
26 334
-
health
1 058
-
1 211
-
accident

We are using the highest rate at 1.1%.

253
-
290
-
income
2 300
-
2 634
-
pensions

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

2 019
-
2 312
-
total
5 630
-
6 447
-
Employer
23 001
-
26 334
-
accident

We are using the highest rate at 1.1%.

253
-
290
-
unemployment
138
-
158
-
pensions

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

2 535
-
2 902
-
health
1 587
-
1 816
-
total
4 513
-
5 166
-
Corporate
3 986
31 500
-
-
income
399
3 150
-
-
total
399
3 150
-
-
Dividends
3 587
28 350
-
-
withholding
179
1 418
-
-
total
179
1 418
-
-
Income
31 500
31 500
31 500
31 500
Total tax
10 721
4 568
11 613
13 135
After tax
20 779
26 932
19 887
18 365
Living cost
17 371
17 371
17 371
17 371
Free-cash
3 408
9 561
2 516
994

Estimated living cost  is ₽17371 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
-₽22504
-₽18710
-₽15663
-₽15663
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
31 500
trade
-
-
-
-
income

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

-
-
-
1 241
health

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

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

-
-
-
6 894
surtax

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

-
-
-
69
total
-
-
-
8 204
Employee

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

50 210
-
31 500
-
health

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

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

6 894
-
6 894
-
surtax

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

228
-
69
-
income

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

4 129
-
1 241
-
total
11 251
-
8 204
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
31 500
-
-
surtax

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

-
260
-
-
income
-
4 724
-
-
trade
-
4 519
-
-
chamber of commerce
-
199
-
-
total
-
9 702
-
-
Dividends
-
21 797
-
-
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.

-
278
-
-
withholding
-
5 065
-
-
total
-
5 343
-
-
Income
31 500
31 500
31 500
31 500
Total tax
11 251
15 045
8 204
8 204
After tax
20 249
16 455
23 296
23 296
Living cost
38 959
38 959
38 959
38 959
Free-cash
-18 710
-22 504
-15 663
-15 663

Estimated living cost  is ₽38959 per week

₽26875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Berlin model

Close
Dublin , Ireland
-₽35434
-₽47437
-₽30167
-₽30167
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
income
-
-
-
3 141
social contributions
-
-
-
1 042
total
-
-
-
4 183
Employee
78 935
-
31 500
-
income
14 895
-
3 141
-
social contributions
6 558
-
1 042
-
total
21 453
-
4 183
-
Employer
78 935
-
31 500
-
total
-
-
-
-
Corporate
-
31 500
-
-
income
-
3 937
-
-
total
-
3 937
-
-
Dividends
-
27 563
-
-
withholding
-
5 513
-
-
total
-
5 513
-
-
Income
31 500
31 500
31 500
31 500
Total tax
21 453
9 450
4 183
4 183
After tax
10 047
22 050
27 317
27 317
Living cost
57 484
57 484
57 484
57 484
Free-cash
-47 437
-35 434
-30 167
-30 167

Estimated living cost  is ₽57484 per week

₽43733
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Source of data for Dublin model

Close
Sliema , Malta
-₽19228
-₽22442
-₽40597
-₽12119
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
31 500
income
-
-
-
28 725
health

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

-
-
-
6 741
total
-
-
-
35 466
Employee
46 292
-
28 631
-
income
5 023
-
1 250
-
social contributions
4 638
-
2 869
-
total
9 661
-
4 119
-
Employer
46 292
-
28 631
-
social contributions
4 638
-
2 869
-
total
4 638
-
2 869
-
Corporate
-
31 500
-
-
income
-
11 025
-
-
total
-
11 025
-
-
Dividends
-
20 475
-
-
social contributions
3 012
3 072
-
-
total
3 012
3 072
-
-
Income
31 500
31 500
31 500
31 500
Total tax
17 311
14 097
6 988
35 466
After tax
14 189
17 403
24 512
-3 966
Living cost
36 631
36 631
36 631
36 631
Free-cash
-22 442
-19 228
-12 119
-40 597

Estimated living cost  is ₽36631 per week

₽24129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14012
-₽26326
-₽13327
-₽15646
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
income
-
-
-
6 070
pensions
-
-
-
1 144
total
-
-
-
7 214
Employee
51 629
-
28 875
-
health
673
-
207
-
income
9 402
-
5 490
-
pensions
3 941
-
1 211
-
total
14 016
-
6 908
-
Employer
51 629
-
28 875
-
pensions
5 216
-
2 076
-
health
981
-
549
-
total
6 197
-
2 625
-
Corporate
-
31 500
-
-
income

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

-
5 986
-
-
total
-
5 986
-
-
Dividends
-
25 514
-
-
withholding
-
1 913
-
-
total
-
1 913
-
-
Income
31 500
31 500
31 500
31 500
Total tax
20 213
7 899
9 533
7 214
After tax
11 287
23 601
21 967
24 286
Living cost
37 613
37 613
37 613
37 613
Free-cash
-26 326
-14 012
-15 646
-13 327

Estimated living cost  is ₽37613 per week

₽25802
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽21347
-₽13753
-₽3736
-₽7264
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
accident
-
-
-
253
income
-
-
-
4 351
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
11 338
Employee
37 593
-
26 167
-
health
4 304
-
2 996
-
income
5 157
-
3 590
-
pensions
4 233
-
2 947
-
total
13 694
-
9 533
-
Employer
37 593
-
26 167
-
accident
628
-
437
-
unemployment
921
-
641
-
pensions
6 112
-
4 255
-
total
7 661
-
5 333
-
Corporate
-
31 500
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

-
28 350
-
-
total
-
28 350
-
-
Dividends
-
3 150
-
-
withholding
-
599
-
-
total
-
599
-
-
Income
31 500
31 500
31 500
31 500
Total tax
21 355
28 949
14 866
11 338
After tax
10 145
2 551
16 634
20 162
Living cost
23 898
23 898
23 898
23 898
Free-cash
-13 753
-21 347
-7 264
-3 736

Estimated living cost  is ₽23898 per week

₽17539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Warsaw model

Close
Skopje , Macedonia
₽13144
₽8237
₽6057
₽6057
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
31 500
work injury
-
-
-
157
health insurance
-
-
-
2 331
income
-
-
-
3 150
pensions
-
-
-
5 796
unemployment
-
-
-
378
total
-
-
-
11 812
Employee

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

21 810
-
31 500
-
work injury
109
-
157
-
income
2 181
-
3 150
-
pensions
4 013
-
5 796
-
health insurance
1 614
-
2 331
-
unemployment
262
-
378
-
total
8 179
-
11 812
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
9 690
31 500
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

-
-
-
-
total
-
-
-
-
Dividends
9 690
31 500
-
-
withholding
1 453
4 725
-
-
total
1 453
4 725
-
-
Income
31 500
31 500
31 500
31 500
Total tax
9 632
4 725
11 812
11 812
After tax
21 868
26 775
19 688
19 688
Living cost
13 631
13 631
13 631
13 631
Free-cash
8 237
13 144
6 057
6 057

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

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Rome , Italy
-₽23609
-₽53535
-₽22799
-₽24676
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
31 500
municipal
-
-
-
211
regional
-
-
-
404
national
-
-
-
5 381
social contributions
-
-
-
8 102
total
-
-
-
14 098
Employee
85 034
-
31 500
-
social contributions
28 673
-
10 622
-
regional
1 284
-
362
-
municipal
507
-
188
-
national
14 370
-
4 803
-
total
44 834
-
15 975
-
Employer
85 034
-
31 500
-
total
-
-
-
-
Corporate
-
31 500
-
-
nationa
-
7 560
-
-
municipal
-
1 519
-
-
total
-
9 079
-
-
Dividends
-
22 421
-
-
withholding
-
5 829
-
-
total
-
5 829
-
-
Income
31 500
31 500
31 500
31 500
Total tax
44 834
14 908
15 975
14 098
After tax
-13 334
16 592
15 525
17 402
Living cost
40 201
40 201
40 201
40 201
Free-cash
-53 535
-23 609
-24 676
-22 799

Estimated living cost  is ₽40201 per week

₽28238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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