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
₽ 35500
per

Your estimated
City
free-cash

Dresden , Germany
₽55
-₽9778
₽209
₽209
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
35 500
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.

-
-
-
1 054
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.

-
-
-
6 290
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.

-
-
-
58
total
-
-
-
7 402
Employee

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

35 217
-
35 500
-
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.

54
-
58
-
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.

6 290
-
6 290
-
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.

984
-
1 054
-
total
7 328
-
7 402
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
283
35 500
-
-
trade
44
5 591
-
-
income
42
5 326
-
-
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.

2
294
-
-
chamber of commerce
140
190
-
-
total
228
11 401
-
-
Dividends
55
24 099
-
-
withholding
-
5 675
-
-
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.

-
313
-
-
total
-
5 988
-
-
Income
35 500
35 500
35 500
35 500
Total tax
7 556
17 389
7 402
7 402
After tax
27 944
18 111
28 098
28 098
Living cost
27 889
27 889
27 889
27 889
Free-cash
55
-9 778
209
209

Estimated living cost  is ₽27889 per week

₽17543
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3252
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽45261
-₽25611
-₽24185
-₽24464
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 500
social contributions
-
-
-
382
pensions
-
-
-
4 260
municipal
-
-
-
2 965
national
-
-
-
4 594
total
-
-
-
12 201
Employee
74 042
-
30 689
-
national
14 172
-
4 807
-
municipal
9 145
-
3 102
-
pensions
2 962
-
1 228
-
total
26 279
-
9 137
-
Employer
74 042
-
30 689
-
pensions
5 923
-
2 455
-
social contributions
796
-
330
-
total
6 719
-
2 785
-
Corporate
-
35 500
-
-
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%.

-
7 100
-
-
total
-
7 100
-
-
Dividends
-
28 400
-
-
withholding
-
6 248
-
-
total
-
6 248
-
-
Income
35 500
35 500
35 500
35 500
Total tax
32 998
13 348
11 922
12 201
After tax
2 502
22 152
23 578
23 299
Living cost
47 763
47 763
47 763
47 763
Free-cash
-45 261
-25 611
-24 185
-24 464

Estimated living cost  is ₽47763 per week

₽32464
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4440
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽715
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1691
₽9245
₽1214
₽8119
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
35 500
social contributions

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

-
-
-
2 899
income
-
-
-
-
microenterprise
-
-
-
5 326
surtax
-
-
-
-
total
-
-
-
8 225
Employee
26 905
-
28 609
-
surtax
-
-
-
-
social contributions

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

2 960
-
3 147
-
income
4 789
-
5 092
-
total
7 749
-
8 239
-
Employer
26 905
-
28 609
-
social contributions

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

6 481
-
6 891
-
surtax
-
-
-
-
total
6 481
-
6 891
-
Corporate
2 114
35 500
-
-
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%.

423
7 099
-
-
total
423
7 099
-
-
Dividends

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

1 691
28 401
-
-
total
-
-
-
-
Income
35 500
35 500
35 500
35 500
Total tax
14 653
7 099
15 130
8 225
After tax
20 847
28 401
20 370
27 275
Living cost
19 156
19 156
19 156
19 156
Free-cash
1 691
9 245
1 214
8 119

Estimated living cost  is ₽19156 per week

₽12221
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1824
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4676
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽55934
-₽50765
-₽55934
-₽18108
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 500
income
-
-
-
3 196
pensions
-
-
-
6 390
health
-
-
-
5 450
total
-
-
-
15 036
Employee
78 629
78 629
78 629
-
health
12 069
10 265
12 069
-
pensions
14 153
10 788
14 153
-
income

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

12 870
12 870
12 870
-
total
39 092
33 923
39 092
-
Employer
78 629
78 629
78 629
-
pensions
5 473
5 473
5 473
-
unemployment
2 831
2 831
2 831
-
health
5 466
5 466
5 466
-
total
13 770
13 770
13 770
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
35 500
35 500
35 500
35 500
Total tax
52 862
47 693
52 862
15 036
After tax
-17 362
-12 193
-17 362
20 464
Living cost
38 572
38 572
38 572
38 572
Free-cash
-55 934
-50 765
-55 934
-18 108

Estimated living cost  is ₽38572 per week

₽27335
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3477
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽613
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽36992
-₽19329
-₽19754
-₽21015
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 500
other
-
-
-
4 125
unemployment
-
-
-
35
pensions
-
-
-
3 838
municipal
-
-
-
7 519
accident
-
-
-
71
national
-
-
-
-
health
-
-
-
2 215
total
-
-
-
17 803
Employee
55 161
-
27 013
-
national
-
-
-
-
municipal
16 449
-
8 055
-
total
16 449
-
8 055
-
Employer
55 161
-
27 013
-
other
6 410
-
3 139
-
accident
110
-
54
-
pensions
5 963
-
2 920
-
unemployment
1 456
-
713
-
health
3 392
-
1 661
-
total
17 331
-
8 487
-
Corporate
-
35 500
-
-
income
-
7 810
-
-
total
-
7 810
-
-
Dividends
-
27 690
-
-
withholding
-
8 307
-
-
total
-
8 307
-
-
Income
35 500
35 500
35 500
35 500
Total tax
33 780
16 117
16 542
17 803
After tax
1 720
19 383
18 958
17 697
Living cost
38 712
38 712
38 712
38 712
Free-cash
-36 992
-19 329
-19 754
-21 015

Estimated living cost  is ₽38712 per week

₽25657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3799
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.
₽8669
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11193
-₽18242
-₽8073
-₽8073
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
35 500
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.

-
-
-
1 054
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.

-
-
-
6 290
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.

-
-
-
58
total
-
-
-
7 402
Employee

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

46 694
-
35 500
-
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.

220
-
58
-
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.

6 290
-
6 290
-
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.

4 012
-
1 054
-
total
10 522
-
7 402
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
35 500
-
-
trade
-
5 840
-
-
income
-
5 326
-
-
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.

-
294
-
-
chamber of commerce
-
190
-
-
total
-
11 650
-
-
Dividends
-
23 851
-
-
withholding
-
5 612
-
-
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.

-
309
-
-
total
-
5 921
-
-
Income
35 500
35 500
35 500
35 500
Total tax
10 522
17 571
7 402
7 402
After tax
24 978
17 929
28 098
28 098
Living cost
36 171
36 171
36 171
36 171
Free-cash
-11 193
-18 242
-8 073
-8 073

Estimated living cost  is ₽36171 per week

₽24192
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3814
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7625
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10151
-₽15185
-₽8571
-₽807
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 500
social contributions
-
-
-
5 537
income
-
-
-
-
health
-
-
-
905
total
-
-
-
6 442
Employee
70 802
70 802
70 802
-
health
704
1 204
549
-
social contributions
3 440
5 876
2 675
-
income
7 435
6 554
7 711
-
total
11 579
13 634
10 935
-
Employer
70 802
70 802
70 802
-
social contributions
3 440
5 876
2 675
-
health
767
1 310
596
-
total
4 207
7 186
3 271
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
35 500
35 500
35 500
35 500
Total tax
15 786
20 820
14 206
6 442
After tax
19 714
14 680
21 294
29 058
Living cost
29 865
29 865
29 865
29 865
Free-cash
-10 151
-15 185
-8 571
-807

Estimated living cost  is ₽29865 per week

₽20416
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2333
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6615
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3469
₽3111
₽3474
₽7487
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 500
unemployment
-
-
-
533
income
-
-
-
4 340
pensions
-
-
-
3 550
health
-
-
-
2 485
total
-
-
-
10 908
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.

24 691
9 827
29 707
-
unemployment
370
147
446
-
health
1 728
688
2 079
-
pensions
2 469
983
2 971
-
income
3 018
1 201
3 632
-
total
7 585
3 019
9 128
-
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.

24 691
9 827
29 707
-
pensions
4 815
1 916
5 793
-
total
4 815
1 916
5 793
-
Corporate
5 994
23 757
-
-
income
539
2 138
-
-
total
539
2 138
-
-
Dividends
5 455
21 619
-
-
withholding
1 036
4 108
-
-
social contributions
951
4 103
-
-
total
1 987
8 211
-
-
Income
35 500
35 500
35 500
35 500
Total tax
14 926
15 284
14 921
10 908
After tax
20 574
20 216
20 579
24 592
Living cost
17 105
17 105
17 105
17 105
Free-cash
3 469
3 111
3 474
7 487

Estimated living cost  is ₽17105 per week

₽11673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1400
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽342
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3691
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽440
₽6161
₽272
-₽1115
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 500
income
-
-
-
2 659
pensions
-
-
-
7 101
health
-
-
-
4 615
total
-
-
-
14 375
Employee
26 121
-
26 533
-
unemployment
418
-
425
-
pensions
522
-
531
-
income
2 941
-
3 065
-
total
3 881
-
4 021
-
Employer
26 121
-
26 533
-
pensions
5 224
-
5 307
-
unemployment
210
-
211
-
health
3 395
-
3 449
-
total
8 829
-
8 967
-
Corporate
550
35 500
-
-
income
110
7 099
-
-
total
110
7 099
-
-
Dividends
440
28 401
-
-
total
-
-
-
-
Income
35 500
35 500
35 500
35 500
Total tax
12 820
7 099
12 988
14 375
After tax
22 680
28 401
22 512
21 125
Living cost
22 240
22 240
22 240
22 240
Free-cash
440
6 161
272
-1 115

Estimated living cost  is ₽22240 per week

₽15254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1324
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3717
-₽17835
-₽1963
₽3096
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 500
other
-
-
-
349
income
-
-
-
5 137
pensions
-
-
-
3 917
accident
-
-
-
238
health
-
-
-
2 053
total
-
-
-
11 694
Employee
32 579
-
29 490
-
health
3 730
-
3 377
-
pensions
3 668
-
3 320
-
income
4 469
-
4 046
-
total
11 867
-
10 743
-
Employer
32 579
-
29 490
-
accident
544
-
492
-
pensions
5 298
-
4 795
-
unemployment
798
-
723
-
total
6 640
-
6 010
-
Corporate
-
35 500
-
-
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.

-
31 950
-
-
total
-
31 950
-
-
Dividends
-
3 550
-
-
withholding
-
675
-
-
total
-
675
-
-
Income
35 500
35 500
35 500
35 500
Total tax
18 507
32 625
16 753
11 694
After tax
16 993
2 875
18 747
23 806
Living cost
20 710
20 710
20 710
20 710
Free-cash
-3 717
-17 835
-1 963
3 096

Estimated living cost  is ₽20710 per week

₽15179
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1147
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3952
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24704
₽26128
₽20803
₽27548
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
35 500
microenterprise

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

-
-
-
355
total
-
-
-
355
Employee
9 496
-
35 500
-
income
1 899
-
7 100
-
total
1 899
-
7 100
-
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%.

26 004
35 500
-
-
total
-
-
-
-
Dividends
26 004
35 500
-
-
withholding
1 300
1 775
-
-
total
1 300
1 775
-
-
Income
35 500
35 500
35 500
35 500
Total tax
3 199
1 775
7 100
355
After tax
32 301
33 725
28 400
35 145
Living cost
7 597
7 597
7 597
7 597
Free-cash
24 704
26 128
20 803
27 548

Estimated living cost  is ₽7597 per week

₽4708
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽632
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽209
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2049
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6358
₽1547
-₽3727
-₽5313
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 500
other
-
-
-
1 686
income
-
-
-
4 510
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.

-
-
-
8 520
health
-
-
-
1 562
total
-
-
-
16 278
Employee
33 432
-
28 353
-
unemployment
334
-
283
-
health
468
-
397
-
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.

2 340
-
1 985
-
income
5 756
-
4 880
-
total
8 898
-
7 545
-
Employer
33 432
-
28 353
-
other
1 672
-
1 419
-
accident
267
-
227
-
pensions

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

5 684
-
4 821
-
unemployment
334
-
283
-
health
468
-
397
-
total
8 425
-
7 147
-
Corporate
-
35 500
-
-
income
-
7 456
-
-
total
-
7 456
-
-
Dividends
-
28 044
-
-
withholding
-
1 962
-
-
total
-
1 962
-
-
Income
35 500
35 500
35 500
35 500
Total tax
17 323
9 418
14 692
16 278
After tax
18 177
26 082
20 808
19 222
Living cost
24 535
24 535
24 535
24 535
Free-cash
-6 358
1 547
-3 727
-5 313

Estimated living cost  is ₽24535 per week

₽17335
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1656
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽62932
-₽34587
-₽37152
-₽34119
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 500
income
-
-
-
6 766
pensions
-
-
-
1 668
total
-
-
-
8 434
Employee
86 567
-
32 174
-
health
1 426
-
312
-
pensions
8 351
-
1 823
-
income
15 605
-
6 008
-
total
25 382
-
8 143
-
Employer
86 567
-
32 174
-
pensions
10 221
-
2 714
-
health
1 644
-
610
-
total
11 865
-
3 324
-
Corporate
-
35 500
-
-
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.

-
6 746
-
-
total
-
6 746
-
-
Dividends
-
28 754
-
-
withholding
-
2 156
-
-
total
-
2 156
-
-
Income
35 500
35 500
35 500
35 500
Total tax
37 247
8 902
11 467
8 434
After tax
-1 747
26 598
24 033
27 066
Living cost
61 185
61 185
61 185
61 185
Free-cash
-62 932
-34 587
-37 152
-34 119

Estimated living cost  is ₽61185 per week

₽45847
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7189
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for London model

Close
Varna , Bulgaria
₽13953
₽18244
₽10303
₽9454
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 500
unemployment
-
-
-
129
income
-
-
-
5 325
pensions

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

-
-
-
4 774
health
-
-
-
3 710
total
-
-
-
13 938
Employee
16 033
-
29 677
-
accident

We are using the highest rate at 1.1%.

177
-
326
-
health
737
-
1 366
-
pensions

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

1 408
-
2 606
-
income
1 603
-
2 968
-
total
3 925
-
7 266
-
Employer
16 033
-
29 677
-
accident

We are using the highest rate at 1.1%.

177
-
326
-
pensions

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

1 767
-
3 271
-
unemployment
96
-
178
-
health
1 107
-
2 048
-
total
3 147
-
5 823
-
Corporate
16 321
35 500
-
-
income
1 632
3 550
-
-
total
1 632
3 550
-
-
Dividends
14 689
31 950
-
-
withholding
735
1 598
-
-
total
735
1 598
-
-
Income
35 500
35 500
35 500
35 500
Total tax
9 439
5 148
13 089
13 938
After tax
26 061
30 352
22 411
21 562
Living cost
12 108
12 108
12 108
12 108
Free-cash
13 953
18 244
10 303
9 454

Estimated living cost  is ₽12108 per week

₽7069
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽865
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽321
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3854
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽64813
-₽63251
-₽68420
-₽30594
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 500
income
-
-
-
3 196
pensions
-
-
-
6 390
health
-
-
-
5 450
total
-
-
-
15 036
Employee
85 366
78 629
78 629
-
health
10 650
10 265
12 069
-
pensions
10 788
10 788
14 153
-
income

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

12 870
12 870
12 870
-
total
34 308
33 923
39 092
-
Employer
85 366
78 629
78 629
-
pensions
5 941
5 473
5 473
-
unemployment
3 074
2 831
2 831
-
health
5 932
5 466
5 466
-
total
14 947
13 770
13 770
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
35 500
35 500
35 500
35 500
Total tax
49 255
47 693
52 862
15 036
After tax
-13 755
-12 193
-17 362
20 464
Living cost
51 058
51 058
51 058
51 058
Free-cash
-64 813
-63 251
-68 420
-30 594

Estimated living cost  is ₽51058 per week

₽37663
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8249
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9670
₽1520
-₽4905
-₽5630
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 500
social contributions
-
-
-
10 366
income
-
-
-
3 051
health
-
-
-
4 792
solidarity contribution
-
-
-
-
total
-
-
-
18 209
Employee
33 708
-
26 493
-
solidarity contribution
-
-
-
-
health
4 551
-
3 576
-
social contributions
2 191
-
1 722
-
income
4 045
-
3 179
-
total
10 787
-
8 477
-
Employer
33 708
-
26 493
-
social contributions
8 427
-
6 623
-
health
3 034
-
2 384
-
total
11 461
-
9 007
-
Corporate
-
35 500
-
-
income
-
6 745
-
-
total
-
6 745
-
-
Dividends
-
28 755
-
-
withholding
-
4 313
-
-
total
-
4 313
-
-
Income
35 500
35 500
35 500
35 500
Total tax
22 248
11 058
17 484
18 209
After tax
13 252
24 442
18 016
17 291
Living cost
22 922
22 922
22 922
22 922
Free-cash
-9 670
1 520
-4 905
-5 630

Estimated living cost  is ₽22922 per week

₽15922
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1631
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽46331
-₽19913
-₽21214
-₽19090
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 500
regional
-
-
-
324
social contributions
-
-
-
9 130
municipal
-
-
-
211
national
-
-
-
6 072
total
-
-
-
15 737
Employee
81 832
-
35 500
-
national
14 179
-
5 411
-
regional
772
-
290
-
municipal
433
-
189
-
social contributions
27 594
-
11 971
-
total
42 978
-
17 861
-
Employer
81 832
-
35 500
-
total
-
-
-
-
Corporate
-
35 500
-
-
nationa
-
8 520
-
-
municipal
-
1 384
-
-
total
-
9 904
-
-
Dividends
-
25 596
-
-
withholding
-
6 656
-
-
total
-
6 656
-
-
Income
35 500
35 500
35 500
35 500
Total tax
42 978
16 560
17 861
15 737
After tax
-7 478
18 940
17 639
19 763
Living cost
38 853
38 853
38 853
38 853
Free-cash
-46 331
-19 913
-21 214
-19 090

Estimated living cost  is ₽38853 per week

₽27083
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2548
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8625
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1359
₽2013
-₽733
₽116
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 500
other
-
-
-
-
unemployment
-
-
-
210
income
-
-
-
5 134
pensions
-
-
-
7 099
health
-
-
-
2 520
surtax
-
-
-
103
total
-
-
-
15 066
Employee
30 449
-
29 327
-
surtax
100
-
80
-
unemployment
2 119
-
2 041
-
other
-
-
-
-
health
778
-
748
-
pensions
2 030
-
1 955
-
income
5 104
-
4 917
-
total
10 131
-
9 741
-
Employer
30 449
-
29 327
-
other
-
-
-
-
pensions
4 059
-
3 909
-
unemployment
965
-
930
-
health
1 386
-
1 335
-
total
6 410
-
6 174
-
Corporate
-
35 500
-
-
income
-
9 229
-
-
total
-
9 229
-
-
Dividends
-
26 271
-
-
withholding
-
3 940
-
-
total
-
3 940
-
-
Income
35 500
35 500
35 500
35 500
Total tax
16 541
13 169
15 915
15 066
After tax
18 959
22 331
19 585
20 434
Living cost
20 318
20 318
20 318
20 318
Free-cash
-1 359
2 013
-733
116

Estimated living cost  is ₽20318 per week

₽12423
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1875
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5551
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29897
-₽15202
-₽17767
-₽14734
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 500
income
-
-
-
6 766
pensions
-
-
-
1 668
total
-
-
-
8 434
Employee
58 015
-
32 174
-
health
842
-
312
-
pensions
4 924
-
1 823
-
income
10 449
-
6 008
-
total
16 215
-
8 143
-
Employer
58 015
-
32 174
-
pensions
6 280
-
2 714
-
health
1 102
-
610
-
total
7 382
-
3 324
-
Corporate
-
35 500
-
-
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.

-
6 746
-
-
total
-
6 746
-
-
Dividends
-
28 754
-
-
withholding
-
2 156
-
-
total
-
2 156
-
-
Income
35 500
35 500
35 500
35 500
Total tax
23 597
8 902
11 467
8 434
After tax
11 903
26 598
24 033
27 066
Living cost
41 800
41 800
41 800
41 800
Free-cash
-29 897
-15 202
-17 767
-14 734

Estimated living cost  is ₽41800 per week

₽31316
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6913
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽58089
-₽56785
-₽45296
-₽42623
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 500
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.

-
-
-
711
city
-
-
-
373
regional
-
-
-
484
pensions
-
-
-
3 267
national
-
-
-
32
health
-
-
-
238
total
-
-
-
5 105
Employee
85 450
-
31 303
-
national
404
-
4
-
unemployment
-
-
-
-
city
917
-
330
-
regional
2 798
-
368
-
health
193
-
71
-
pensions
7 179
-
3 154
-
total
11 491
-
3 927
-
Employer
85 450
-
31 303
-
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.

1 708
-
626
-
pensions
7 179
-
3 154
-
unemployment
-
-
-
-
health
193
-
71
-
total
9 080
-
3 851
-
Corporate
-
35 500
-
-
regional
-
7 509
-
-
national
-
3 017
-
-
total
-
10 526
-
-
Dividends
-
24 974
-
-
withholding
-
8 741
-
-
total
-
8 741
-
-
Income
35 500
35 500
35 500
35 500
Total tax
20 571
19 267
7 778
5 105
After tax
14 929
16 233
27 722
30 395
Living cost
73 018
73 018
73 018
73 018
Free-cash
-58 089
-56 785
-45 296
-42 623

Estimated living cost  is ₽73018 per week

₽47483
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6553
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽896
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽19836
-₽24436
-₽14083
-₽14083
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
35 500
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.

-
-
-
1 054
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.

-
-
-
6 290
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.

-
-
-
58
total
-
-
-
7 402
Employee

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

55 336
-
35 500
-
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.

358
-
58
-
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.

6 290
-
6 290
-
income

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

6 507
-
1 054
-
total
13 155
-
7 402
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
35 500
-
-
trade
-
6 088
-
-
income
-
5 326
-
-
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.

-
294
-
-
chamber of commerce
-
190
-
-
total
-
11 898
-
-
Dividends
-
23 603
-
-
withholding
-
5 551
-
-
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.

-
306
-
-
total
-
5 857
-
-
Income
35 500
35 500
35 500
35 500
Total tax
13 155
17 755
7 402
7 402
After tax
22 345
17 745
28 098
28 098
Living cost
42 181
42 181
42 181
42 181
Free-cash
-19 836
-24 436
-14 083
-14 083

Estimated living cost  is ₽42181 per week

₽30807
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3374
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16214
-₽13609
-₽9113
-₽9838
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 500
other
-
-
-
1 101
social contributions
-
-
-
1 012
income
-
-
-
722
pensions
-
-
-
10 692
health
-
-
-
309
surtax
-
-
-
-
total
-
-
-
13 836
Employee
39 407
-
27 052
-
surtax
-
-
-
-
pensions
4 456
-
3 060
-
social contributions
1 124
-
771
-
income
2 326
-
832
-
total
7 906
-
4 663
-
Employer
39 407
-
27 052
-
other
1 359
-
933
-
pensions
6 474
-
4 445
-
unemployment
1 595
-
1 096
-
social contributions
119
-
80
-
health
2 759
-
1 894
-
total
12 306
-
8 448
-
Corporate
-
35 500
-
-
income
-
9 940
-
-
surtax
-
-
-
-
total
-
9 940
-
-
Dividends
-
25 560
-
-
withholding
-
3 271
-
-
social contributions
-
4 396
-
-
surtax
-
-
-
-
total
-
7 667
-
-
Income
35 500
35 500
35 500
35 500
Total tax
20 212
17 607
13 111
13 836
After tax
15 288
17 893
22 389
21 664
Living cost
31 502
31 502
31 502
31 502
Free-cash
-16 214
-13 609
-9 113
-9 838

Estimated living cost  is ₽31502 per week

₽19864
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8543
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10662
-₽10488
-₽5992
-₽6717
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 500
other
-
-
-
1 101
social contributions
-
-
-
1 012
income
-
-
-
722
pensions
-
-
-
10 692
health
-
-
-
309
surtax
-
-
-
-
total
-
-
-
13 836
Employee
35 176
-
27 052
-
surtax
-
-
-
-
pensions
3 979
-
3 060
-
social contributions
1 003
-
771
-
income
1 814
-
832
-
total
6 796
-
4 663
-
Employer
35 176
-
27 052
-
other
1 214
-
933
-
pensions
5 780
-
4 445
-
unemployment
1 424
-
1 096
-
social contributions
105
-
80
-
health
2 462
-
1 894
-
total
10 985
-
8 448
-
Corporate
-
35 500
-
-
income
-
9 940
-
-
surtax
-
-
-
-
total
-
9 940
-
-
Dividends
-
25 560
-
-
withholding
-
3 271
-
-
social contributions
-
4 396
-
-
surtax
-
-
-
-
total
-
7 667
-
-
Income
35 500
35 500
35 500
35 500
Total tax
17 781
17 607
13 111
13 836
After tax
17 719
17 893
22 389
21 664
Living cost
28 381
28 381
28 381
28 381
Free-cash
-10 662
-10 488
-5 992
-6 717

Estimated living cost  is ₽28381 per week

₽16460
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8501
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1039
₽2134
₽2407
₽3273
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 500
social contributions
-
-
-
4 899
income
-
-
-
5 326
health
-
-
-
2 478
total
-
-
-
12 703
Employee
31 219
-
35 500
-
health
2 179
-
2 478
-
social contributions
4 309
-
4 899
-
income
5 207
-
6 192
-
total
11 695
-
13 569
-
Employer
31 219
-
35 500
-
total
-
-
-
-
Corporate
4 281
35 500
-
-
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%.

213
1 775
-
-
total
213
1 775
-
-
Dividends
4 068
33 725
-
-
health
813
2 354
-
-
withholding
610
5 058
-
-
social contributions
1 606
4 655
-
-
total
3 029
12 067
-
-
Income
35 500
35 500
35 500
35 500
Total tax
14 937
13 842
13 569
12 703
After tax
20 563
21 658
21 931
22 797
Living cost
19 524
19 524
19 524
19 524
Free-cash
1 039
2 134
2 407
3 273

Estimated living cost  is ₽19524 per week

₽13066
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1204
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4803
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24813
-₽17914
-₽19475
-₽12535
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 500
chamber of commerce
-
-
-
142
unemployment
-
-
-
5 647
income
-
-
-
337
pensions
-
-
-
6 568
health
-
-
-
2 715
surtax
-
-
-
182
total
-
-
-
15 591
Employee
46 016
36 694
36 694
-
unemployment
1 380
1 101
806
-
other
460
367
269
-
health
1 781
1 421
1 040
-
pensions
4 713
3 757
2 752
-
income
5 238
2 707
3 189
-
total
13 572
9 353
8 056
-
Employer
46 016
36 694
36 694
-
payroll
1 380
1 101
1 101
-
other
2 186
1 742
1 660
-
accident
598
477
349
-
pensions
5 775
4 606
3 372
-
unemployment
1 380
1 101
806
-
chamber of commerce
183
147
147
-
surtax
182
182
182
-
health
1 739
1 387
1 015
-
total
13 423
10 743
8 632
-
Corporate
3 495
3 495
23 374
-
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.

874
874
5 843
-
total
874
874
5 843
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
35 500
35 500
35 500
35 500
Total tax
27 869
20 970
22 531
15 591
After tax
7 631
14 530
12 969
19 909
Living cost
32 444
32 444
32 444
32 444
Free-cash
-24 813
-17 914
-19 475
-12 535

Estimated living cost  is ₽32444 per week

₽21639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽49535
-₽13456
-₽17192
-₽12269
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 500
social contributions
-
-
-
2 483
national
-
-
-
9 733
communal

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

-
-
-
1 981
total
-
-
-
14 197
Employee

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

65 863
-
27 497
-
national
20 249
-
6 089
-
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.

573
-
239
-
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.

3 095
-
1 293
-
pensions

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

4 940
-
2 062
-
communal

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

3 435
-
1 435
-
total
32 292
-
11 118
-
Employer

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

65 863
-
27 497
-
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.

856
-
356
-
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.

5 836
-
2 436
-
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.

961
-
402
-
surtax
7 468
-
3 117
-
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.

4 050
-
1 691
-
total
19 171
-
8 002
-
Corporate
-
35 500
-
-
income
-
7 099
-
-
surtax
-
142
-
-
total
-
7 241
-
-
Dividends
-
28 259
-
-
withholding

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

-
8 143
-
-
total
-
8 143
-
-
Income
35 500
35 500
35 500
35 500
Total tax
51 463
15 384
19 120
14 197
After tax
-15 963
20 116
16 380
21 303
Living cost
33 572
33 572
33 572
33 572
Free-cash
-49 535
-13 456
-17 192
-12 269

Estimated living cost  is ₽33572 per week

₽21625
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2935
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8487
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24943
-₽9205
-₽14118
-₽13279
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 500
other
-
-
-
35
unemployment
-
-
-
248
income
-
-
-
4 876
pensions
-
-
-
10 047
accident
-
-
-
320
total
-
-
-
15 526
Employee
45 833
-
25 698
-
unemployment
711
-
477
-
other
45
-
31
-
pensions
2 154
-
1 445
-
income
9 671
-
4 610
-
total
12 581
-
6 563
-
Employer
45 833
-
25 698
-
other
365
-
246
-
accident
907
-
608
-
pensions
10 816
-
7 257
-
unemployment
2 521
-
1 691
-
total
14 609
-
9 802
-
Corporate
-
35 500
-
-
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.

-
5 326
-
-
total
-
5 326
-
-
Dividends
-
30 174
-
-
withholding
-
6 126
-
-
total
-
6 126
-
-
Income
35 500
35 500
35 500
35 500
Total tax
27 190
11 452
16 365
15 526
After tax
8 310
24 048
19 135
19 974
Living cost
33 253
33 253
33 253
33 253
Free-cash
-24 943
-9 205
-14 118
-13 279

Estimated living cost  is ₽33253 per week

₽24487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2359
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5927
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽42557
-₽27702
-₽27395
-₽27394
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 500
income
-
-
-
429
pensions
-
-
-
7 010
accident
-
-
-
395
communal
-
-
-
-
health
-
-
-
3 285
surtax
-
-
-
1 737
total
-
-
-
12 856
Employee
69 729
-
30 263
-
surtax
4 274
-
1 737
-
health
3 103
-
1 950
-
pensions
5 577
-
3 505
-
income
6 735
-
428
-
total
19 689
-
7 620
-
Employer
69 729
-
30 263
-
accident
627
-
395
-
pensions
5 577
-
3 505
-
health
2 126
-
1 337
-
total
8 330
-
5 237
-
Corporate
-
35 500
-
-
income
-
5 326
-
-
communal
-
2 396
-
-
surtax
-
372
-
-
total
-
8 094
-
-
Dividends
-
27 406
-
-
withholding
-
4 111
-
-
income
-
959
-
-
total
-
5 070
-
-
Income
35 500
35 500
35 500
35 500
Total tax
28 019
13 164
12 857
12 856
After tax
7 481
22 336
22 643
22 644
Living cost
50 038
50 038
50 038
50 038
Free-cash
-42 557
-27 702
-27 395
-27 394

Estimated living cost  is ₽50038 per week

₽37536
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3032
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.
₽8939
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2036
₽1650
-₽1096
-₽247
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 500
other
-
-
-
-
unemployment
-
-
-
210
income
-
-
-
5 134
pensions
-
-
-
7 099
health
-
-
-
2 520
surtax
-
-
-
103
total
-
-
-
15 066
Employee
31 008
-
29 327
-
surtax
110
-
80
-
unemployment
2 158
-
2 041
-
other
-
-
-
-
health
792
-
748
-
pensions
2 069
-
1 955
-
income
5 198
-
4 917
-
total
10 327
-
9 741
-
Employer
31 008
-
29 327
-
other
-
-
-
-
pensions
4 134
-
3 909
-
unemployment
984
-
930
-
health
1 410
-
1 335
-
total
6 528
-
6 174
-
Corporate
-
35 500
-
-
income
-
9 229
-
-
total
-
9 229
-
-
Dividends
-
26 271
-
-
withholding
-
3 940
-
-
total
-
3 940
-
-
Income
35 500
35 500
35 500
35 500
Total tax
16 855
13 169
15 915
15 066
After tax
18 645
22 331
19 585
20 434
Living cost
20 681
20 681
20 681
20 681
Free-cash
-2 036
1 650
-1 096
-247

Estimated living cost  is ₽20681 per week

₽12486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1798
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.
₽5918
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15577
-₽6144
-₽7351
-₽5252
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 500
regional
-
-
-
536
social contributions
-
-
-
9 130
municipal
-
-
-
211
national
-
-
-
6 072
total
-
-
-
15 949
Employee
51 076
-
35 500
-
national
8 092
-
5 411
-
regional
688
-
477
-
municipal
271
-
189
-
social contributions
17 223
-
11 971
-
total
26 274
-
18 048
-
Employer
51 076
-
35 500
-
total
-
-
-
-
Corporate
-
35 500
-
-
nationa
-
8 520
-
-
municipal
-
1 765
-
-
total
-
10 285
-
-
Dividends
-
25 215
-
-
withholding
-
6 556
-
-
total
-
6 556
-
-
Income
35 500
35 500
35 500
35 500
Total tax
26 274
16 841
18 048
15 949
After tax
9 226
18 659
17 452
19 551
Living cost
24 803
24 803
24 803
24 803
Free-cash
-15 577
-6 144
-7 351
-5 252

Estimated living cost  is ₽24803 per week

₽15425
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2513
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.
₽6441
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20159
-₽3803
-₽10229
-₽10954
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 500
social contributions
-
-
-
10 366
income
-
-
-
3 051
health
-
-
-
4 792
solidarity contribution
-
-
-
-
total
-
-
-
18 209
Employee
41 537
-
26 493
-
solidarity contribution
-
-
-
-
health
5 608
-
3 576
-
social contributions
2 700
-
1 722
-
income
4 984
-
3 179
-
total
13 292
-
8 477
-
Employer
41 537
-
26 493
-
social contributions
10 384
-
6 623
-
health
3 738
-
2 384
-
total
14 122
-
9 007
-
Corporate
-
35 500
-
-
income
-
6 745
-
-
total
-
6 745
-
-
Dividends
-
28 755
-
-
withholding
-
4 313
-
-
total
-
4 313
-
-
Income
35 500
35 500
35 500
35 500
Total tax
27 414
11 058
17 484
18 209
After tax
8 086
24 442
18 016
17 291
Living cost
28 245
28 245
28 245
28 245
Free-cash
-20 159
-3 803
-10 229
-10 954

Estimated living cost  is ₽28245 per week

₽21005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1565
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17205
-₽14664
-₽16310
-₽9285
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 500
chamber of commerce
-
-
-
142
unemployment
-
-
-
5 647
income
-
-
-
337
pensions
-
-
-
6 568
health
-
-
-
2 715
surtax
-
-
-
-
total
-
-
-
15 409
Employee
40 249
36 694
36 694
-
unemployment
1 207
1 101
811
-
other
402
367
271
-
health
1 557
1 421
1 045
-
pensions
4 122
3 757
2 766
-
income
3 585
2 707
3 180
-
total
10 873
9 353
8 073
-
Employer
40 249
36 694
36 694
-
payroll
1 207
1 101
1 101
-
other
1 912
1 742
1 660
-
accident
522
477
351
-
pensions
5 051
4 606
3 390
-
unemployment
1 207
1 101
811
-
chamber of commerce
161
147
147
-
surtax
-
-
-
-
health
1 522
1 387
1 020
-
total
11 582
10 561
8 480
-
Corporate
3 495
3 495
23 526
-
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.

874
874
5 881
-
total
874
874
5 881
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
35 500
35 500
35 500
35 500
Total tax
23 329
20 788
22 434
15 409
After tax
12 171
14 712
13 066
20 091
Living cost
29 376
29 376
29 376
29 376
Free-cash
-17 205
-14 664
-16 310
-9 285

Estimated living cost  is ₽29376 per week

₽17622
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19666
₽21886
₽16561
₽23306
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
35 500
microenterprise

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

-
-
-
355
total
-
-
-
355
Employee
14 799
-
35 500
-
income
2 960
-
7 100
-
total
2 960
-
7 100
-
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%.

20 701
35 500
-
-
total
-
-
-
-
Dividends
20 701
35 500
-
-
withholding
1 035
1 775
-
-
total
1 035
1 775
-
-
Income
35 500
35 500
35 500
35 500
Total tax
3 995
1 775
7 100
355
After tax
31 505
33 725
28 400
35 145
Living cost
11 839
11 839
11 839
11 839
Free-cash
19 666
21 886
16 561
23 306

Estimated living cost  is ₽11839 per week

₽8011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽497
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11556
-₽256
-₽5689
-₽4560
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
35 500
unemployment
-
-
-
52
income
-
-
-
5 335
pensions
-
-
-
6 483
health
-
-
-
3 493
total
-
-
-
15 363
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.

40 716
-
30 716
-
unemployment
58
-
44
-
health
2 630
-
1 985
-
pensions
6 311
-
4 761
-
income
7 021
-
4 918
-
total
16 020
-
11 708
-
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.

40 716
-
30 716
-
pensions
3 603
-
2 719
-
unemployment
24
-
19
-
health
2 712
-
2 046
-
total
6 339
-
4 784
-
Corporate
-
35 500
-
-
income
-
6 745
-
-
total
-
6 745
-
-
Dividends
-
28 755
-
-
withholding
-
4 314
-
-
total
-
4 314
-
-
Income
35 500
35 500
35 500
35 500
Total tax
22 359
11 059
16 492
15 363
After tax
13 141
24 441
19 008
20 137
Living cost
24 697
24 697
24 697
24 697
Free-cash
-11 556
-256
-5 689
-4 560

Estimated living cost  is ₽24697 per week

₽16949
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1583
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽102098
-₽18221
-₽16669
-₽15286
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 500
social contributions
-
-
-
4 047
income
-
-
-
6 920
total
-
-
-
10 967
Employee
57 095
-
1 622
-
social contributions
4 682
-
667
-
income
12 594
-
210
-
total
17 276
-
877
-
Employer
57 095
-
1 622
-
social contributions
80 503
-
11 473
-
total
80 503
-
11 473
-
Corporate
-
35 500
-
-
income
-
7 810
-
-
total
-
7 810
-
-
Dividends
-
27 690
-
-
income
-
6 092
-
-
total
-
6 092
-
-
Income
35 500
35 500
35 500
35 500
Total tax
97 779
13 902
12 350
10 967
After tax
-62 279
21 598
23 150
24 533
Living cost
39 819
39 819
39 819
39 819
Free-cash
-102 098
-18 221
-16 669
-15 286

Estimated living cost  is ₽39819 per week

₽25836
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽507
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9730
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16905
-₽8689
-₽8545
-₽7950
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
35 500
social contributions

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

-
-
-
12 336
income
-
-
-
2 233
surtax
-
-
-
-
total
-
-
-
14 569
Employee
42 348
-
28 687
-
surtax
-
-
-
-
social contributions
4 658
-
3 156
-
income
8 808
-
5 195
-
total
13 466
-
8 351
-
Employer
42 348
-
28 687
-
social contributions
10 058
-
6 813
-
total
10 058
-
6 813
-
Corporate
-
35 500
-
-
income
-
7 456
-
-
surtax
-
-
-
-
total
-
7 456
-
-
Dividends
-
28 044
-
-
withholding
-
7 852
-
-
total
-
7 852
-
-
Income
35 500
35 500
35 500
35 500
Total tax
23 524
15 308
15 164
14 569
After tax
11 976
20 192
20 336
20 931
Living cost
28 881
28 881
28 881
28 881
Free-cash
-16 905
-8 689
-8 545
-7 950

Estimated living cost  is ₽28881 per week

₽21609
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1704
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽40180
-₽26579
-₽22083
-₽22808
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 500
other
-
-
-
1 101
social contributions
-
-
-
1 012
income
-
-
-
722
pensions
-
-
-
10 692
health
-
-
-
309
surtax
-
-
-
-
total
-
-
-
13 836
Employee
57 669
-
27 052
-
surtax
-
-
-
-
pensions
6 523
-
3 060
-
social contributions
1 642
-
771
-
income
5 032
-
832
-
total
13 197
-
4 663
-
Employer
57 669
-
27 052
-
other
1 990
-
933
-
pensions
9 476
-
4 445
-
unemployment
2 336
-
1 096
-
social contributions
173
-
80
-
health
4 036
-
1 894
-
total
18 011
-
8 448
-
Corporate
-
35 500
-
-
income
-
9 940
-
-
surtax
-
-
-
-
total
-
9 940
-
-
Dividends
-
25 560
-
-
withholding
-
3 271
-
-
social contributions
-
4 396
-
-
surtax
-
-
-
-
total
-
7 667
-
-
Income
35 500
35 500
35 500
35 500
Total tax
31 208
17 607
13 111
13 836
After tax
4 292
17 893
22 389
21 664
Living cost
44 472
44 472
44 472
44 472
Free-cash
-40 180
-26 579
-22 083
-22 808

Estimated living cost  is ₽44472 per week

₽30098
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3638
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽610
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1179
₽4271
₽1060
₽11
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 500
income
-
-
-
-
social contributions
-
-
-
7 811
total
-
-
-
7 811
Employee
29 602
-
30 737
-
social contributions
1 924
-
1 999
-
income
-
-
-
-
total
1 924
-
1 999
-
Employer
29 602
-
30 737
-
social contributions
4 588
-
4 763
-
total
4 588
-
4 763
-
Corporate
1 310
35 500
-
-
income
131
3 551
-
-
total
131
3 551
-
-
Dividends
1 179
31 949
-
-
total
-
-
-
-
Income
35 500
35 500
35 500
35 500
Total tax
6 643
3 551
6 762
7 811
After tax
28 857
31 949
28 738
27 689
Living cost
27 678
27 678
27 678
27 678
Free-cash
1 179
4 271
1 060
11

Estimated living cost  is ₽27678 per week

₽17896
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2086
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽164829
-₽164829
-₽164829
-₽20124
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 500
pensions
-
-
-
797
municipal
-
-
-
4 865
labour market
-
-
-
2 776
national
-
-
-
2 905
total
-
-
-
11 343
Employee
186 900
186 900
186 900
-
national
22 833
22 833
22 833
-
municipal
39 799
39 799
39 799
-
labour market
14 931
14 931
14 931
-
pensions
266
266
266
-
total
77 829
77 829
77 829
-
Employer
186 900
186 900
186 900
-
municipal
39 863
39 863
39 863
-
pensions
531
531
531
-
national
22 873
22 873
22 873
-
labour market
14 952
14 952
14 952
-
total
78 219
78 219
78 219
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
35 500
35 500
35 500
35 500
Total tax
156 048
156 048
156 048
11 343
After tax
-120 548
-120 548
-120 548
24 157
Living cost
44 281
44 281
44 281
44 281
Free-cash
-164 829
-164 829
-164 829
-20 124

Estimated living cost  is ₽44281 per week

₽30306
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3917
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽681
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9376
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3141
-₽17530
-₽1658
₽3401
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 500
other
-
-
-
349
income
-
-
-
5 137
pensions
-
-
-
3 917
accident
-
-
-
238
health
-
-
-
2 053
total
-
-
-
11 694
Employee
32 098
-
29 490
-
health
3 675
-
3 377
-
pensions
3 615
-
3 320
-
income
4 404
-
4 046
-
total
11 694
-
10 743
-
Employer
32 098
-
29 490
-
accident
536
-
492
-
pensions
5 219
-
4 795
-
unemployment
787
-
723
-
total
6 542
-
6 010
-
Corporate
-
35 500
-
-
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.

-
31 950
-
-
total
-
31 950
-
-
Dividends
-
3 550
-
-
withholding
-
675
-
-
total
-
675
-
-
Income
35 500
35 500
35 500
35 500
Total tax
18 236
32 625
16 753
11 694
After tax
17 264
2 875
18 747
23 806
Living cost
20 405
20 405
20 405
20 405
Free-cash
-3 141
-17 530
-1 658
3 401

Estimated living cost  is ₽20405 per week

₽14853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4006
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22085
-₽10784
-₽12944
-₽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

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

-
-
-
35 500
municipal
-
-
-
6 360
national
-
-
-
274
health
-
-
-
163
total
-
-
-
6 797
Employee
48 443
-
29 865
-
national
800
-
-
-
unemployment
727
-
447
-
health
362
-
75
-
municipal
7 935
-
4 919
-
pensions
3 269
-
2 016
-
total
13 093
-
7 457
-
Employer
48 443
-
29 865
-
accident
49
-
30
-
pensions
8 405
-
5 181
-
unemployment
315
-
194
-
health
372
-
231
-
total
9 141
-
5 636
-
Corporate
-
35 500
-
-
income
-
7 099
-
-
total
-
7 099
-
-
Dividends

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

-
21 300
-
-
municipal
-
3 834
-
-
national
-
-
-
-
total
-
3 834
-
-
Income
35 500
35 500
35 500
35 500
Total tax
22 234
10 933
13 093
6 797
After tax
13 266
24 567
22 407
28 703
Living cost
35 351
35 351
35 351
35 351
Free-cash
-22 085
-10 784
-12 944
-6 648

Estimated living cost  is ₽35351 per week

₽23091
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3400
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8298
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26
-₽6638
-₽24
₽7740
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 500
social contributions
-
-
-
5 537
income
-
-
-
-
health
-
-
-
905
total
-
-
-
6 442
Employee
70 802
70 802
70 802
-
health
549
1 204
549
-
social contributions
2 677
5 876
2 675
-
income
7 709
6 554
7 711
-
total
10 935
13 634
10 935
-
Employer
70 802
70 802
70 802
-
social contributions
2 677
5 876
2 675
-
health
596
1 310
596
-
total
3 273
7 186
3 271
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
35 500
35 500
35 500
35 500
Total tax
14 208
20 820
14 206
6 442
After tax
21 292
14 680
21 294
29 058
Living cost
21 318
21 318
21 318
21 318
Free-cash
-26
-6 638
-24
7 740

Estimated living cost  is ₽21318 per week

₽12776
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2092
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5979
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10094
₽14777
₽7475
₽9101
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
35 500
unemployment
-
-
-
26
income
-
-
-
2 565
pensions
-
-
-
5 857
health
-
-
-
3 332
total
-
-
-
11 780
Employee

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

21 135
-
32 185
-
unemployment
105
-
161
-
health
1 796
-
2 736
-
pensions
3 170
-
4 828
-
income
1 445
-
2 366
-
total
6 516
-
10 091
-
Employer

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

21 135
-
32 185
-
pensions
1 162
-
1 770
-
unemployment
105
-
161
-
health
909
-
1 384
-
total
2 176
-
3 315
-
Corporate
12 190
35 500
-
-
income
1 097
3 196
-
-
total
1 097
3 196
-
-
Dividends
11 093
32 304
-
-
withholding
998
2 908
-
-
total
998
2 908
-
-
Income
35 500
35 500
35 500
35 500
Total tax
10 787
6 104
13 406
11 780
After tax
24 713
29 396
22 094
23 720
Living cost
14 619
14 619
14 619
14 619
Free-cash
10 094
14 777
7 475
9 101

Estimated living cost  is ₽14619 per week

₽9327
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1054
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3802
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9400
-₽1272
-₽6185
-₽5346
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 500
other
-
-
-
35
unemployment
-
-
-
248
income
-
-
-
4 876
pensions
-
-
-
10 047
accident
-
-
-
320
total
-
-
-
15 526
Employee
34 046
-
25 698
-
unemployment
528
-
477
-
other
33
-
31
-
pensions
1 601
-
1 445
-
income
6 564
-
4 610
-
total
8 726
-
6 563
-
Employer
34 046
-
25 698
-
other
273
-
246
-
accident
674
-
608
-
pensions
8 034
-
7 257
-
unemployment
1 873
-
1 691
-
total
10 854
-
9 802
-
Corporate
-
35 500
-
-
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.

-
5 326
-
-
total
-
5 326
-
-
Dividends
-
30 174
-
-
withholding
-
6 126
-
-
total
-
6 126
-
-
Income
35 500
35 500
35 500
35 500
Total tax
19 580
11 452
16 365
15 526
After tax
15 920
24 048
19 135
19 974
Living cost
25 320
25 320
25 320
25 320
Free-cash
-9 400
-1 272
-6 185
-5 346

Estimated living cost  is ₽25320 per week

₽17091
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2434
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5352
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20124
₽20410
₽20186
₽20312
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 500
income
-
-
-
11 256
pensions
-
-
-
1 270
health
-
-
-
921
total
-
-
-
13 447
Employee
2 652
-
34 071
-
unemployment
27
-
64
-
health
133
-
318
-
pensions
239
-
572
-
income
513
-
11 190
-
total
912
-
12 144
-
Employer
2 652
-
34 071
-
pensions
292
-
699
-
unemployment
53
-
127
-
health
252
-
603
-
total
597
-
1 429
-
Corporate
32 251
35 500
-
-
income
7 095
7 810
-
-
total
7 095
7 810
-
-
Dividends
25 156
27 690
-
-
withholding
5 031
5 538
-
-
total
5 031
5 538
-
-
Income
35 500
35 500
35 500
35 500
Total tax
13 635
13 348
13 573
13 447
After tax
21 865
22 152
21 927
22 053
Living cost
1 742
1 742
1 742
1 742
Free-cash
20 124
20 410
20 186
20 312

Estimated living cost  is ₽1742 per week

₽1035
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽141
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽40
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽526
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5231
₽9753
₽3688
₽2160
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
35 500
unemployment
-
-
-
533
income
-
-
-
4 024
pensions
-
-
-
9 230
health
-
-
-
3 657
total
-
-
-
17 444
Employee

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

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

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

23 970
-
30 110
-
unemployment
180
-
226
-
health
1 234
-
1 551
-
pensions
3 356
-
4 215
-
income
3 304
-
4 534
-
total
8 074
-
10 526
-
Employer

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

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

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

23 970
-
30 110
-
pensions
2 876
-
3 613
-
unemployment
180
-
226
-
health
1 234
-
1 551
-
total
4 290
-
5 390
-
Corporate
7 239
35 500
-
-
income
1 086
5 325
-
-
total
1 086
5 325
-
-
Dividends
6 153
30 175
-
-
withholding
923
4 526
-
-
total
923
4 526
-
-
Income
35 500
35 500
35 500
35 500
Total tax
14 373
9 851
15 916
17 444
After tax
21 127
25 649
19 584
18 056
Living cost
15 896
15 896
15 896
15 896
Free-cash
5 231
9 753
3 688
2 160

Estimated living cost  is ₽15896 per week

₽10703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1230
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3504
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8724
-₽4631
-₽4487
-₽3892
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
35 500
social contributions

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

-
-
-
12 336
income
-
-
-
2 233
surtax
-
-
-
-
total
-
-
-
14 569
Employee
35 737
-
28 687
-
surtax
-
-
-
-
social contributions
3 931
-
3 156
-
income
6 983
-
5 195
-
total
10 914
-
8 351
-
Employer
35 737
-
28 687
-
social contributions
8 487
-
6 813
-
total
8 487
-
6 813
-
Corporate
-
35 500
-
-
income
-
7 456
-
-
surtax
-
-
-
-
total
-
7 456
-
-
Dividends
-
28 044
-
-
withholding
-
7 852
-
-
total
-
7 852
-
-
Income
35 500
35 500
35 500
35 500
Total tax
19 401
15 308
15 164
14 569
After tax
16 099
20 192
20 336
20 931
Living cost
24 823
24 823
24 823
24 823
Free-cash
-8 724
-4 631
-4 487
-3 892

Estimated living cost  is ₽24823 per week

₽17582
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1725
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5078
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23147
-₽8312
-₽13225
-₽12386
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 500
other
-
-
-
35
unemployment
-
-
-
248
income
-
-
-
4 876
pensions
-
-
-
10 047
accident
-
-
-
320
total
-
-
-
15 526
Employee
44 469
-
25 698
-
unemployment
688
-
477
-
other
44
-
31
-
pensions
2 090
-
1 445
-
income
9 288
-
4 610
-
total
12 110
-
6 563
-
Employer
44 469
-
25 698
-
other
356
-
246
-
accident
881
-
608
-
pensions
10 494
-
7 257
-
unemployment
2 446
-
1 691
-
total
14 177
-
9 802
-
Corporate
-
35 500
-
-
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.

-
5 326
-
-
total
-
5 326
-
-
Dividends
-
30 174
-
-
withholding
-
6 126
-
-
total
-
6 126
-
-
Income
35 500
35 500
35 500
35 500
Total tax
26 287
11 452
16 365
15 526
After tax
9 213
24 048
19 135
19 974
Living cost
32 360
32 360
32 360
32 360
Free-cash
-23 147
-8 312
-13 225
-12 386

Estimated living cost  is ₽32360 per week

₽23239
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2516
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8838
₽14466
₽6525
₽5676
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 500
unemployment
-
-
-
129
income
-
-
-
5 325
pensions

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

-
-
-
4 774
health
-
-
-
3 710
total
-
-
-
13 938
Employee
21 036
-
29 677
-
accident

We are using the highest rate at 1.1%.

231
-
326
-
health
968
-
1 366
-
pensions

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

1 847
-
2 606
-
income
2 104
-
2 968
-
total
5 150
-
7 266
-
Employer
21 036
-
29 677
-
accident

We are using the highest rate at 1.1%.

231
-
326
-
pensions

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

2 318
-
3 271
-
unemployment
126
-
178
-
health
1 452
-
2 048
-
total
4 127
-
5 823
-
Corporate
10 337
35 500
-
-
income
1 034
3 550
-
-
total
1 034
3 550
-
-
Dividends
9 303
31 950
-
-
withholding
465
1 598
-
-
total
465
1 598
-
-
Income
35 500
35 500
35 500
35 500
Total tax
10 776
5 148
13 089
13 938
After tax
24 724
30 352
22 411
21 562
Living cost
15 886
15 886
15 886
15 886
Free-cash
8 838
14 466
6 525
5 676

Estimated living cost  is ₽15886 per week

₽10507
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽909
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽379
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4091
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10313
-₽17072
-₽7450
-₽7450
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
35 500
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.

-
-
-
1 054
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.

-
-
-
6 290
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.

-
-
-
58
total
-
-
-
7 402
Employee

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

45 814
-
35 500
-
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.

208
-
58
-
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.

6 290
-
6 290
-
income

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

3 767
-
1 054
-
total
10 265
-
7 402
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
35 500
-
-
trade
-
5 093
-
-
income
-
5 326
-
-
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.

-
294
-
-
chamber of commerce
-
192
-
-
total
-
10 905
-
-
Dividends
-
24 595
-
-
withholding
-
5 799
-
-
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.

-
320
-
-
total
-
6 119
-
-
Income
35 500
35 500
35 500
35 500
Total tax
10 265
17 024
7 402
7 402
After tax
25 235
18 476
28 098
28 098
Living cost
35 548
35 548
35 548
35 548
Free-cash
-10 313
-17 072
-7 450
-7 450

Estimated living cost  is ₽35548 per week

₽24522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3825
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.
₽6685
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽36526
-₽27601
-₽23133
-₽23133
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 500
social contributions
-
-
-
1 966
income
-
-
-
4 216
total
-
-
-
6 182
Employee
72 024
-
35 500
-
social contributions
5 984
-
1 966
-
income
13 591
-
4 216
-
total
19 575
-
6 182
-
Employer
72 024
-
35 500
-
total
-
-
-
-
Corporate
-
35 500
-
-
income
-
4 438
-
-
total
-
4 438
-
-
Dividends
-
31 062
-
-
withholding
-
6 212
-
-
total
-
6 212
-
-
Income
35 500
35 500
35 500
35 500
Total tax
19 575
10 650
6 182
6 182
After tax
15 925
24 850
29 318
29 318
Living cost
52 451
52 451
52 451
52 451
Free-cash
-36 526
-27 601
-23 133
-23 133

Estimated living cost  is ₽52451 per week

₽39904
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4274
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7772
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13720
-₽13810
-₽6732
-₽29795
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
35 500
health

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

-
-
-
5 661
income
-
-
-
26 210
total
-
-
-
31 871
Employee
42 239
-
32 266
-
social contributions
4 232
-
3 234
-
income
4 583
-
2 340
-
total
8 815
-
5 574
-
Employer
42 239
-
32 266
-
social contributions
4 232
-
3 234
-
total
4 232
-
3 234
-
Corporate
-
35 500
-
-
income
-
12 425
-
-
total
-
12 425
-
-
Dividends
-
23 075
-
-
social contributions
2 749
3 461
-
-
total
2 749
3 461
-
-
Income
35 500
35 500
35 500
35 500
Total tax
15 796
15 886
8 808
31 871
After tax
19 704
19 614
26 692
3 629
Living cost
33 424
33 424
33 424
33 424
Free-cash
-13 720
-13 810
-6 732
-29 795

Estimated living cost  is ₽33424 per week

₽22016
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8260
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16744
-₽7384
-₽9949
-₽6916
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 500
income
-
-
-
6 766
pensions
-
-
-
1 668
total
-
-
-
8 434
Employee
46 645
-
32 174
-
health
608
-
312
-
pensions
3 560
-
1 823
-
income
8 494
-
6 008
-
total
12 662
-
8 143
-
Employer
46 645
-
32 174
-
pensions
4 713
-
2 714
-
health
887
-
610
-
total
5 600
-
3 324
-
Corporate
-
35 500
-
-
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.

-
6 746
-
-
total
-
6 746
-
-
Dividends
-
28 754
-
-
withholding
-
2 156
-
-
total
-
2 156
-
-
Income
35 500
35 500
35 500
35 500
Total tax
18 262
8 902
11 467
8 434
After tax
17 238
26 598
24 033
27 066
Living cost
33 982
33 982
33 982
33 982
Free-cash
-16 744
-7 384
-9 949
-6 916

Estimated living cost  is ₽33982 per week

₽23311
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3125
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.
₽7118
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽6965
-₽19550
-₽3678
₽1381
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 500
other
-
-
-
349
income
-
-
-
5 137
pensions
-
-
-
3 917
accident
-
-
-
238
health
-
-
-
2 053
total
-
-
-
11 694
Employee
35 276
-
29 490
-
health
4 039
-
3 377
-
pensions
3 972
-
3 320
-
income
4 840
-
4 046
-
total
12 851
-
10 743
-
Employer
35 276
-
29 490
-
accident
589
-
492
-
pensions
5 736
-
4 795
-
unemployment
864
-
723
-
total
7 189
-
6 010
-
Corporate
-
35 500
-
-
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.

-
31 950
-
-
total
-
31 950
-
-
Dividends
-
3 550
-
-
withholding
-
675
-
-
total
-
675
-
-
Income
35 500
35 500
35 500
35 500
Total tax
20 040
32 625
16 753
11 694
After tax
15 460
2 875
18 747
23 806
Living cost
22 425
22 425
22 425
22 425
Free-cash
-6 965
-19 550
-3 678
1 381

Estimated living cost  is ₽22425 per week

₽16458
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13262
₽17738
₽9364
₽9364
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
35 500
unemployment
-
-
-
426
income
-
-
-
3 937
pensions
-
-
-
6 532
health insurance
-
-
-
2 627
work injury
-
-
-
177
total
-
-
-
13 699
Employee

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

19 898
-
35 500
-
health insurance
1 472
-
2 627
-
unemployment
239
-
426
-
work injury
99
-
177
-
pensions
3 661
-
6 532
-
income
1 990
-
3 937
-
total
7 461
-
13 699
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
15 602
35 500
-
-
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
15 602
35 500
-
-
withholding
2 340
5 325
-
-
total
2 340
5 325
-
-
Income
35 500
35 500
35 500
35 500
Total tax
9 801
5 325
13 699
13 699
After tax
25 699
30 175
21 801
21 801
Living cost
12 437
12 437
12 437
12 437
Free-cash
13 262
17 738
9 364
9 364

Estimated living cost  is ₽12437 per week

₽7705
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽904
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3440
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽42090
-₽17982
-₽19181
-₽17080
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 500
regional
-
-
-
459
social contributions
-
-
-
9 130
municipal
-
-
-
238
national
-
-
-
6 072
total
-
-
-
15 899
Employee
77 589
-
35 500
-
national
13 112
-
5 411
-
regional
1 171
-
407
-
municipal
463
-
211
-
social contributions
26 163
-
11 971
-
total
40 909
-
18 000
-
Employer
77 589
-
35 500
-
total
-
-
-
-
Corporate
-
35 500
-
-
nationa
-
8 520
-
-
municipal
-
1 711
-
-
total
-
10 231
-
-
Dividends
-
25 269
-
-
withholding
-
6 570
-
-
total
-
6 570
-
-
Income
35 500
35 500
35 500
35 500
Total tax
40 909
16 801
18 000
15 899
After tax
-5 409
18 699
17 500
19 601
Living cost
36 681
36 681
36 681
36 681
Free-cash
-42 090
-17 982
-19 181
-17 080

Estimated living cost  is ₽36681 per week

₽25766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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