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
₽ 37000
per

Your estimated
City
free-cash

Dresden , Germany
-₽9409
₽947
₽947
₽737
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
37 000
income

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

-
-
-
1 322
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.

-
-
-
73
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.

-
-
-
6 378
trade
-
-
-
-
total
-
-
-
7 773
Employee

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

35 710
-
37 000
-
surtax

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

55
-
73
-
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.

998
-
1 322
-
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.

6 378
-
6 378
-
total
7 431
-
7 773
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 290
37 000
-
-
income
193
5 549
-
-
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.

11
305
-
-
chamber of commerce
144
195
-
-
trade
204
5 827
-
-
total
552
11 876
-
-
Dividends
739
25 124
-
-
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.

-
326
-
-
withholding
-
5 927
-
-
total
-
6 253
-
-
Income
37 000
37 000
37 000
37 000
Total tax
7 983
18 129
7 773
7 773
After tax
29 017
18 871
29 227
29 227
Living cost
28 280
28 280
28 280
28 280
Free-cash
737
-9 409
947
947

Estimated living cost  is ₽28280 per week

₽17789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3297
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6665
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26718
-₽25231
-₽25522
-₽47215
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
social contributions
-
-
-
398
municipal
-
-
-
3 090
national
-
-
-
4 788
pensions
-
-
-
4 440
total
-
-
-
12 716
Employee
77 208
-
31 986
-
municipal
9 536
-
3 233
-
pensions
3 088
-
1 279
-
national
14 778
-
5 010
-
total
27 402
-
9 522
-
Employer
77 208
-
31 986
-
pensions
6 177
-
2 559
-
social contributions
830
-
344
-
total
7 007
-
2 903
-
Corporate
-
37 000
-
-
income

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

-
7 400
-
-
total
-
7 400
-
-
Dividends
-
29 600
-
-
withholding
-
6 512
-
-
total
-
6 512
-
-
Income
37 000
37 000
37 000
37 000
Total tax
34 409
13 912
12 425
12 716
After tax
2 591
23 088
24 575
24 284
Living cost
49 806
49 806
49 806
49 806
Free-cash
-47 215
-26 718
-25 231
-25 522

Estimated living cost  is ₽49806 per week

₽33853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4630
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽745
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10578
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10175
₽1805
₽9088
₽2518
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
37 000
income
-
-
-
-
surtax
-
-
-
-
social contributions

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

-
-
-
2 939
microenterprise
-
-
-
5 549
total
-
-
-
8 488
Employee
27 282
-
29 817
-
surtax
-
-
-
-
social contributions

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

3 001
-
3 280
-
income
4 856
-
5 308
-
total
7 857
-
8 588
-
Employer
27 282
-
29 817
-
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.

6 572
-
7 183
-
surtax
-
-
-
-
total
6 572
-
7 183
-
Corporate
3 147
37 000
-
-
income

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

629
7 401
-
-
total
629
7 401
-
-
Dividends

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

2 518
29 599
-
-
total
-
-
-
-
Income
37 000
37 000
37 000
37 000
Total tax
15 058
7 401
15 771
8 488
After tax
21 942
29 599
21 229
28 512
Living cost
19 424
19 424
19 424
19 424
Free-cash
2 518
10 175
1 805
9 088

Estimated living cost  is ₽19424 per week

₽12392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1850
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽50472
-₽55713
-₽17794
-₽55713
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
income
-
-
-
3 343
health
-
-
-
5 679
pensions
-
-
-
6 660
total
-
-
-
15 682
Employee
79 730
79 730
79 730
-
pensions
14 351
10 939
14 351
-
income

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

13 051
13 051
13 051
-
health
12 238
10 409
12 238
-
total
39 640
34 399
39 640
-
Employer
79 730
79 730
79 730
-
health
5 542
5 542
5 542
-
pensions
5 549
5 549
5 549
-
unemployment
2 870
2 870
2 870
-
total
13 961
13 961
13 961
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
37 000
37 000
37 000
37 000
Total tax
53 601
48 360
53 601
15 682
After tax
-16 601
-11 360
-16 601
21 318
Living cost
39 112
39 112
39 112
39 112
Free-cash
-55 713
-50 472
-55 713
-17 794

Estimated living cost  is ₽39112 per week

₽27718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3526
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽622
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17496
-₽17938
-₽19254
-₽33594
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
accident
-
-
-
74
other
-
-
-
4 299
unemployment
-
-
-
37
health
-
-
-
2 309
municipal
-
-
-
7 837
national
-
-
-
-
pensions
-
-
-
4 000
total
-
-
-
18 556
Employee
53 717
-
28 154
-
municipal
16 018
-
8 396
-
national
-
-
-
-
total
16 018
-
8 396
-
Employer
53 717
-
28 154
-
health
3 304
-
1 731
-
pensions
5 807
-
3 043
-
accident
107
-
56
-
unemployment
1 418
-
743
-
other
6 242
-
3 271
-
total
16 878
-
8 844
-
Corporate
-
37 000
-
-
income
-
8 140
-
-
total
-
8 140
-
-
Dividends
-
28 860
-
-
withholding
-
8 658
-
-
total
-
8 658
-
-
Income
37 000
37 000
37 000
37 000
Total tax
32 896
16 798
17 240
18 556
After tax
4 104
20 202
19 760
18 444
Living cost
37 698
37 698
37 698
37 698
Free-cash
-33 594
-17 496
-17 938
-19 254

Estimated living cost  is ₽37698 per week

₽24985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3699
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8442
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17996
-₽7451
-₽7451
-₽10347
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
37 000
income

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

-
-
-
1 322
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.

-
-
-
73
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.

-
-
-
6 378
trade
-
-
-
-
total
-
-
-
7 773
Employee

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

47 347
-
37 000
-
surtax

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

223
-
73
-
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.

4 068
-
1 322
-
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.

6 378
-
6 378
-
total
10 669
-
7 773
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
37 000
-
-
income
-
5 549
-
-
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.

-
305
-
-
chamber of commerce
-
195
-
-
trade
-
6 086
-
-
total
-
12 135
-
-
Dividends
-
24 865
-
-
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.

-
322
-
-
withholding
-
5 861
-
-
total
-
6 183
-
-
Income
37 000
37 000
37 000
37 000
Total tax
10 669
18 318
7 773
7 773
After tax
26 331
18 682
29 227
29 227
Living cost
36 678
36 678
36 678
36 678
Free-cash
-10 347
-17 996
-7 451
-7 451

Estimated living cost  is ₽36678 per week

₽24530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3868
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7732
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14395
-₽7845
₽1
-₽9292
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
income
-
-
-
-
social contributions
-
-
-
5 772
health
-
-
-
944
total
-
-
-
6 716
Employee
71 793
71 793
71 793
-
social contributions
3 489
5 958
2 789
-
income
7 539
6 646
7 791
-
health
714
1 221
571
-
total
11 742
13 825
11 151
-
Employer
71 793
71 793
71 793
-
health
778
1 329
622
-
social contributions
3 489
5 958
2 789
-
total
4 267
7 287
3 411
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
37 000
37 000
37 000
37 000
Total tax
16 009
21 112
14 562
6 716
After tax
20 991
15 888
22 438
30 284
Living cost
30 283
30 283
30 283
30 283
Free-cash
-9 292
-14 395
-7 845
1

Estimated living cost  is ₽30283 per week

₽20701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4325
₽4727
₽8909
₽4672
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
income
-
-
-
4 523
unemployment
-
-
-
555
health
-
-
-
2 590
pensions
-
-
-
3 700
total
-
-
-
11 368
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.

24 139
9 607
30 962
-
unemployment
362
144
464
-
pensions
2 414
961
3 096
-
income
2 951
1 174
3 785
-
health
1 690
672
2 167
-
total
7 417
2 951
9 512
-
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.

24 139
9 607
30 962
-
pensions
4 707
1 873
6 038
-
total
4 707
1 873
6 038
-
Corporate
8 153
25 519
-
-
income
734
2 297
-
-
total
734
2 297
-
-
Dividends
7 420
23 223
-
-
social contributions
1 337
4 419
-
-
withholding
1 410
4 412
-
-
total
2 747
8 831
-
-
Income
37 000
37 000
37 000
37 000
Total tax
15 605
15 952
15 550
11 368
After tax
21 395
21 048
21 450
25 632
Living cost
16 723
16 723
16 723
16 723
Free-cash
4 672
4 325
4 727
8 909

Estimated living cost  is ₽16723 per week

₽11412
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽334
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3609
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7048
₽774
-₽591
₽1248
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
income
-
-
-
2 831
health
-
-
-
4 810
pensions
-
-
-
7 399
total
-
-
-
15 040
Employee
26 486
-
27 654
-
unemployment
423
-
443
-
pensions
530
-
553
-
income
2 982
-
3 333
-
total
3 935
-
4 329
-
Employer
26 486
-
27 654
-
health
3 443
-
3 595
-
pensions
5 298
-
5 530
-
unemployment
213
-
221
-
total
8 954
-
9 346
-
Corporate
1 561
37 000
-
-
income
312
7 401
-
-
total
312
7 401
-
-
Dividends
1 249
29 599
-
-
total
-
-
-
-
Income
37 000
37 000
37 000
37 000
Total tax
13 201
7 401
13 675
15 040
After tax
23 799
29 599
23 325
21 960
Living cost
22 551
22 551
22 551
22 551
Free-cash
1 248
7 048
774
-591

Estimated living cost  is ₽22551 per week

₽15468
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1343
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5287
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17843
-₽1301
₽4167
-₽2464
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
accident
-
-
-
239
income
-
-
-
5 396
other
-
-
-
351
health
-
-
-
2 066
pensions
-
-
-
3 941
total
-
-
-
11 993
Employee
32 783
-
30 736
-
pensions
3 691
-
3 461
-
income
4 498
-
4 217
-
health
3 754
-
3 519
-
total
11 943
-
11 197
-
Employer
32 783
-
30 736
-
pensions
5 331
-
4 998
-
accident
547
-
513
-
unemployment
803
-
753
-
total
6 681
-
6 264
-
Corporate
-
37 000
-
-
income

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

-
33 300
-
-
total
-
33 300
-
-
Dividends
-
3 700
-
-
withholding
-
703
-
-
total
-
703
-
-
Income
37 000
37 000
37 000
37 000
Total tax
18 624
34 003
17 461
11 993
After tax
18 376
2 997
19 539
25 007
Living cost
20 840
20 840
20 840
20 840
Free-cash
-2 464
-17 843
-1 301
4 167

Estimated living cost  is ₽20840 per week

₽15274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽3977
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27627
₽22077
₽29107
₽26216
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
37 000
microenterprise

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

-
-
-
370
total
-
-
-
370
Employee
9 404
-
37 000
-
income
1 881
-
7 400
-
total
1 881
-
7 400
-
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%.

27 596
37 000
-
-
total
-
-
-
-
Dividends
27 596
37 000
-
-
withholding
1 380
1 850
-
-
total
1 380
1 850
-
-
Income
37 000
37 000
37 000
37 000
Total tax
3 261
1 850
7 400
370
After tax
33 739
35 150
29 600
36 630
Living cost
7 523
7 523
7 523
7 523
Free-cash
26 216
27 627
22 077
29 107

Estimated living cost  is ₽7523 per week

₽4662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽207
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2307
-₽3192
-₽4843
-₽5443
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
income
-
-
-
4 699
other
-
-
-
1 758
health
-
-
-
1 628
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.

-
-
-
8 880
total
-
-
-
16 965
Employee
33 900
-
29 553
-
unemployment
338
-
296
-
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.

2 372
-
2 068
-
income
5 836
-
5 087
-
health
475
-
415
-
total
9 021
-
7 866
-
Employer
33 900
-
29 553
-
health
475
-
415
-
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.

5 764
-
5 023
-
accident
271
-
236
-
unemployment
338
-
296
-
other
1 696
-
1 478
-
total
8 544
-
7 448
-
Corporate
-
37 000
-
-
income
-
7 769
-
-
total
-
7 769
-
-
Dividends
-
29 231
-
-
withholding
-
2 046
-
-
total
-
2 046
-
-
Income
37 000
37 000
37 000
37 000
Total tax
17 565
9 815
15 314
16 965
After tax
19 435
27 185
21 686
20 035
Living cost
24 878
24 878
24 878
24 878
Free-cash
-5 443
2 307
-3 192
-4 843

Estimated living cost  is ₽24878 per week

₽17578
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1680
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽34994
-₽37721
-₽34528
-₽63897
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
income
-
-
-
7 047
pensions
-
-
-
1 764
total
-
-
-
8 811
Employee
88 735
-
33 508
-
pensions
8 561
-
1 933
-
income
15 995
-
6 249
-
health
1 462
-
330
-
total
26 018
-
8 512
-
Employer
88 735
-
33 508
-
health
1 685
-
636
-
pensions
10 477
-
2 856
-
total
12 162
-
3 492
-
Corporate
-
37 000
-
-
income

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

-
7 030
-
-
total
-
7 030
-
-
Dividends
-
29 970
-
-
withholding
-
2 247
-
-
total
-
2 247
-
-
Income
37 000
37 000
37 000
37 000
Total tax
38 180
9 277
12 004
8 811
After tax
-1 180
27 723
24 996
28 189
Living cost
62 717
62 717
62 717
62 717
Free-cash
-63 897
-34 994
-37 721
-34 528

Estimated living cost  is ₽62717 per week

₽46995
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7369
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽19391
₽11115
₽10497
₽15052
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
income
-
-
-
5 550
unemployment
-
-
-
130
health
-
-
-
3 751
pensions

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

-
-
-
4 828
total
-
-
-
14 259
Employee
16 213
-
30 930
-
accident

We are using the highest rate at 1.1%.

179
-
340
-
pensions

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

1 423
-
2 716
-
income
1 621
-
3 093
-
health
746
-
1 423
-
total
3 969
-
7 572
-
Employer
16 213
-
30 930
-
health
1 119
-
2 134
-
pensions

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

1 787
-
3 409
-
accident

We are using the highest rate at 1.1%.

179
-
340
-
unemployment
97
-
186
-
total
3 182
-
6 069
-
Corporate
17 606
37 000
-
-
income
1 761
3 700
-
-
total
1 761
3 700
-
-
Dividends
15 845
33 300
-
-
withholding
792
1 665
-
-
total
792
1 665
-
-
Income
37 000
37 000
37 000
37 000
Total tax
9 704
5 365
13 641
14 259
After tax
27 296
31 635
23 359
22 741
Living cost
12 244
12 244
12 244
12 244
Free-cash
15 052
19 391
11 115
10 497

Estimated living cost  is ₽12244 per week

₽7148
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3897
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽63132
-₽68373
-₽30454
-₽64717
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
income
-
-
-
3 343
health
-
-
-
5 679
pensions
-
-
-
6 660
total
-
-
-
15 682
Employee
86 561
79 730
79 730
-
pensions
10 939
10 939
14 351
-
income

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

13 051
13 051
13 051
-
health
10 799
10 409
12 238
-
total
34 789
34 399
39 640
-
Employer
86 561
79 730
79 730
-
health
6 015
5 542
5 542
-
pensions
6 024
5 549
5 549
-
unemployment
3 117
2 870
2 870
-
total
15 156
13 961
13 961
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
37 000
37 000
37 000
37 000
Total tax
49 945
48 360
53 601
15 682
After tax
-12 945
-11 360
-16 601
21 318
Living cost
51 772
51 772
51 772
51 772
Free-cash
-64 717
-63 132
-68 373
-30 454

Estimated living cost  is ₽51772 per week

₽38191
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4624
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2659
-₽4039
-₽4794
-₽7959
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
income
-
-
-
3 180
social contributions
-
-
-
10 804
solidarity contribution
-
-
-
-
health
-
-
-
4 995
total
-
-
-
18 979
Employee
33 551
-
27 612
-
solidarity contribution
-
-
-
-
social contributions
2 181
-
1 795
-
income
4 026
-
3 313
-
health
4 529
-
3 728
-
total
10 736
-
8 836
-
Employer
33 551
-
27 612
-
health
3 020
-
2 485
-
social contributions
8 388
-
6 903
-
total
11 408
-
9 388
-
Corporate
-
37 000
-
-
income
-
7 030
-
-
total
-
7 030
-
-
Dividends
-
29 970
-
-
withholding
-
4 496
-
-
total
-
4 496
-
-
Income
37 000
37 000
37 000
37 000
Total tax
22 144
11 526
18 224
18 979
After tax
14 856
25 474
18 776
18 021
Living cost
22 815
22 815
22 815
22 815
Free-cash
-7 959
2 659
-4 039
-4 794

Estimated living cost  is ₽22815 per week

₽15848
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1623
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.
₽4896
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19656
-₽21012
-₽18831
-₽45977
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
social contributions
-
-
-
9 516
regional
-
-
-
341
municipal
-
-
-
220
national
-
-
-
6 357
total
-
-
-
16 434
Employee
82 977
-
37 000
-
municipal
439
-
197
-
national
14 378
-
5 640
-
regional
783
-
301
-
social contributions
27 980
-
12 477
-
total
43 580
-
18 615
-
Employer
82 977
-
37 000
-
total
-
-
-
-
Corporate
-
37 000
-
-
municipal
-
1 442
-
-
nationa
-
8 880
-
-
total
-
10 322
-
-
Dividends
-
26 678
-
-
withholding
-
6 937
-
-
total
-
6 937
-
-
Income
37 000
37 000
37 000
37 000
Total tax
43 580
17 259
18 615
16 434
After tax
-6 580
19 741
18 385
20 566
Living cost
39 397
39 397
39 397
39 397
Free-cash
-45 977
-19 656
-21 012
-18 831

Estimated living cost  is ₽39397 per week

₽27463
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2583
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2669
-₽205
₽682
-₽374
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
income
-
-
-
5 353
other
-
-
-
-
surtax
-
-
-
120
unemployment
-
-
-
213
health
-
-
-
2 628
pensions
-
-
-
7 401
total
-
-
-
15 715
Employee
30 875
-
30 565
-
other
-
-
-
-
unemployment
2 149
-
2 128
-
pensions
2 059
-
2 039
-
surtax
101
-
96
-
income
5 175
-
5 124
-
health
788
-
780
-
total
10 272
-
10 167
-
Employer
30 875
-
30 565
-
health
1 405
-
1 391
-
pensions
4 116
-
4 075
-
unemployment
978
-
969
-
other
-
-
-
-
total
6 499
-
6 435
-
Corporate
-
37 000
-
-
income
-
9 621
-
-
total
-
9 621
-
-
Dividends
-
27 379
-
-
withholding
-
4 107
-
-
total
-
4 107
-
-
Income
37 000
37 000
37 000
37 000
Total tax
16 771
13 728
16 602
15 715
After tax
20 229
23 272
20 398
21 285
Living cost
20 603
20 603
20 603
20 603
Free-cash
-374
2 669
-205
682

Estimated living cost  is ₽20603 per week

₽12597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15124
-₽17851
-₽14658
-₽30034
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
income
-
-
-
7 047
pensions
-
-
-
1 764
total
-
-
-
8 811
Employee
59 468
-
33 508
-
pensions
5 047
-
1 933
-
income
10 710
-
6 249
-
health
863
-
330
-
total
16 620
-
8 512
-
Employer
59 468
-
33 508
-
health
1 130
-
636
-
pensions
6 437
-
2 856
-
total
7 567
-
3 492
-
Corporate
-
37 000
-
-
income

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

-
7 030
-
-
total
-
7 030
-
-
Dividends
-
29 970
-
-
withholding
-
2 247
-
-
total
-
2 247
-
-
Income
37 000
37 000
37 000
37 000
Total tax
24 187
9 277
12 004
8 811
After tax
12 813
27 723
24 996
28 189
Living cost
42 847
42 847
42 847
42 847
Free-cash
-30 034
-15 124
-17 851
-14 658

Estimated living cost  is ₽42847 per week

₽32100
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3211
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽56910
-₽44869
-₽42172
-₽57629
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
740
regional
-
-
-
529
health
-
-
-
241
city
-
-
-
389
national
-
-
-
40
pensions
-
-
-
3 404
total
-
-
-
5 343
Employee
86 398
-
32 671
-
unemployment
-
-
-
-
pensions
7 259
-
3 241
-
national
409
-
11
-
regional
2 829
-
400
-
city
927
-
345
-
health
195
-
74
-
total
11 619
-
4 071
-
Employer
86 398
-
32 671
-
health
195
-
74
-
pensions
7 259
-
3 241
-
unemployment
-
-
-
-
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.

1 727
-
654
-
total
9 181
-
3 969
-
Corporate
-
37 000
-
-
regional
-
7 826
-
-
national
-
3 146
-
-
total
-
10 972
-
-
Dividends
-
26 029
-
-
withholding
-
9 109
-
-
total
-
9 109
-
-
Income
37 000
37 000
37 000
37 000
Total tax
20 800
20 081
8 040
5 343
After tax
16 200
16 919
28 960
31 657
Living cost
73 829
73 829
73 829
73 829
Free-cash
-57 629
-56 910
-44 869
-42 172

Estimated living cost  is ₽73829 per week

₽48010
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽906
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18287
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽24279
-₽13544
-₽13544
-₽19110
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
37 000
income

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

-
-
-
1 322
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.

-
-
-
73
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.

-
-
-
6 378
trade
-
-
-
-
total
-
-
-
7 773
Employee

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

56 111
-
37 000
-
surtax

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

363
-
73
-
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.

6 598
-
1 322
-
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.

6 378
-
6 378
-
total
13 339
-
7 773
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
37 000
-
-
income
-
5 549
-
-
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.

-
305
-
-
chamber of commerce
-
193
-
-
trade
-
6 345
-
-
total
-
12 392
-
-
Dividends
-
24 608
-
-
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.

-
319
-
-
withholding
-
5 797
-
-
total
-
6 116
-
-
Income
37 000
37 000
37 000
37 000
Total tax
13 339
18 508
7 773
7 773
After tax
23 661
18 492
29 227
29 227
Living cost
42 771
42 771
42 771
42 771
Free-cash
-19 110
-24 279
-13 544
-13 544

Estimated living cost  is ₽42771 per week

₽31238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3421
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7557
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13296
-₽8673
-₽9395
-₽15436
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
income
-
-
-
826
other
-
-
-
1 146
surtax
-
-
-
-
social contributions
-
-
-
1 054
health
-
-
-
322
pensions
-
-
-
11 104
total
-
-
-
14 452
Employee
39 959
-
28 192
-
pensions
4 518
-
3 189
-
surtax
-
-
-
-
social contributions
1 139
-
803
-
income
2 358
-
935
-
total
8 015
-
4 927
-
Employer
39 959
-
28 192
-
health
2 798
-
1 974
-
pensions
6 564
-
4 630
-
unemployment
1 618
-
1 141
-
social contributions
120
-
85
-
other
1 378
-
973
-
total
12 478
-
8 803
-
Corporate
-
37 000
-
-
income
-
10 360
-
-
surtax
-
-
-
-
total
-
10 360
-
-
Dividends
-
26 640
-
-
surtax
-
-
-
-
social contributions
-
4 582
-
-
withholding
-
3 411
-
-
total
-
7 993
-
-
Income
37 000
37 000
37 000
37 000
Total tax
20 493
18 353
13 730
14 452
After tax
16 507
18 647
23 270
22 548
Living cost
31 943
31 943
31 943
31 943
Free-cash
-15 436
-13 296
-8 673
-9 395

Estimated living cost  is ₽31943 per week

₽20142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2597
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8662
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10131
-₽5508
-₽6230
-₽9806
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
income
-
-
-
826
other
-
-
-
1 146
surtax
-
-
-
-
social contributions
-
-
-
1 054
health
-
-
-
322
pensions
-
-
-
11 104
total
-
-
-
14 452
Employee
35 669
-
28 192
-
pensions
4 034
-
3 189
-
surtax
-
-
-
-
social contributions
1 017
-
803
-
income
1 839
-
935
-
total
6 890
-
4 927
-
Employer
35 669
-
28 192
-
health
2 496
-
1 974
-
pensions
5 861
-
4 630
-
unemployment
1 444
-
1 141
-
social contributions
106
-
85
-
other
1 231
-
973
-
total
11 138
-
8 803
-
Corporate
-
37 000
-
-
income
-
10 360
-
-
surtax
-
-
-
-
total
-
10 360
-
-
Dividends
-
26 640
-
-
surtax
-
-
-
-
social contributions
-
4 582
-
-
withholding
-
3 411
-
-
total
-
7 993
-
-
Income
37 000
37 000
37 000
37 000
Total tax
18 028
18 353
13 730
14 452
After tax
18 972
18 647
23 270
22 548
Living cost
28 778
28 778
28 778
28 778
Free-cash
-9 806
-10 131
-5 508
-6 230

Estimated living cost  is ₽28778 per week

₽16690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2923
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8620
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2774
₽3003
₽3964
₽1862
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
income
-
-
-
5 549
social contributions
-
-
-
5 106
health
-
-
-
2 583
total
-
-
-
13 238
Employee
31 656
-
37 000
-
social contributions
4 369
-
5 106
-
income
5 280
-
6 510
-
health
2 209
-
2 583
-
total
11 858
-
14 199
-
Employer
31 656
-
37 000
-
total
-
-
-
-
Corporate
5 344
37 000
-
-
income

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

268
1 850
-
-
total
268
1 850
-
-
Dividends
5 076
35 150
-
-
social contributions
1 628
4 851
-
-
withholding
762
5 273
-
-
health
824
2 454
-
-
total
3 214
12 578
-
-
Income
37 000
37 000
37 000
37 000
Total tax
15 340
14 428
14 199
13 238
After tax
21 660
22 572
22 801
23 762
Living cost
19 798
19 798
19 798
19 798
Free-cash
1 862
2 774
3 003
3 964

Estimated living cost  is ₽19798 per week

₽13249
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4871
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17157
-₽19223
-₽12158
-₽24156
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
income
-
-
-
526
surtax
-
-
-
184
unemployment
-
-
-
5 726
chamber of commerce
-
-
-
149
health
-
-
-
2 831
pensions
-
-
-
6 844
total
-
-
-
16 260
Employee
46 660
37 207
37 207
-
other
466
372
280
-
unemployment
1 400
1 116
842
-
pensions
4 778
3 809
2 874
-
income
5 312
2 744
3 182
-
health
1 805
1 440
1 086
-
total
13 761
9 481
8 264
-
Employer
46 660
37 207
37 207
-
chamber of commerce
186
149
149
-
health
1 763
1 407
1 061
-
pensions
5 856
4 670
3 522
-
accident
606
484
365
-
unemployment
1 400
1 116
842
-
surtax
184
184
184
-
payroll
1 400
1 116
1 116
-
other
2 216
1 766
1 690
-
total
13 611
10 892
8 929
-
Corporate
3 544
3 544
24 527
-
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.

886
886
6 132
-
total
886
886
6 132
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
37 000
37 000
37 000
37 000
Total tax
28 258
21 259
23 325
16 260
After tax
8 742
15 741
13 675
20 740
Living cost
32 898
32 898
32 898
32 898
Free-cash
-24 156
-17 157
-19 223
-12 158

Estimated living cost  is ₽32898 per week

₽21942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2806
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.
₽7610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13088
-₽17069
-₽12015
-₽49225
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
communal

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

-
-
-
2 057
social contributions
-
-
-
2 729
national
-
-
-
10 187
total
-
-
-
14 973
Employee

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

66 785
-
28 657
-
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.

581
-
250
-
communal

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

3 483
-
1 495
-
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.

5 009
-
2 149
-
national
20 532
-
6 443
-
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.

3 138
-
1 347
-
total
32 743
-
11 684
-
Employer

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

66 785
-
28 657
-
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.

4 107
-
1 763
-
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.

5 918
-
2 539
-
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.

868
-
374
-
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.

974
-
418
-
surtax
7 573
-
3 249
-
total
19 440
-
8 343
-
Corporate
-
37 000
-
-
income
-
7 401
-
-
surtax
-
149
-
-
total
-
7 550
-
-
Dividends
-
29 450
-
-
withholding

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

-
8 496
-
-
total
-
8 496
-
-
Income
37 000
37 000
37 000
37 000
Total tax
52 183
16 046
20 027
14 973
After tax
-15 183
20 954
16 973
22 027
Living cost
34 042
34 042
34 042
34 042
Free-cash
-49 225
-13 088
-17 069
-12 015

Estimated living cost  is ₽34042 per week

₽21928
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2977
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.
₽8606
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8660
-₽13555
-₽12930
-₽24290
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
accident
-
-
-
333
income
-
-
-
5 112
other
-
-
-
37
unemployment
-
-
-
259
pensions
-
-
-
10 471
total
-
-
-
16 212
Employee
46 475
-
27 060
-
other
46
-
32
-
unemployment
721
-
484
-
pensions
2 185
-
1 465
-
income
9 806
-
4 916
-
total
12 758
-
6 897
-
Employer
46 475
-
27 060
-
pensions
10 967
-
7 358
-
accident
920
-
617
-
unemployment
2 557
-
1 715
-
other
370
-
250
-
total
14 814
-
9 940
-
Corporate
-
37 000
-
-
income

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

-
5 549
-
-
total
-
5 549
-
-
Dividends
-
31 451
-
-
withholding
-
6 393
-
-
total
-
6 393
-
-
Income
37 000
37 000
37 000
37 000
Total tax
27 572
11 942
16 837
16 212
After tax
9 428
25 058
20 163
20 788
Living cost
33 718
33 718
33 718
33 718
Free-cash
-24 290
-8 660
-13 555
-12 930

Estimated living cost  is ₽33718 per week

₽24830
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27456
-₽26932
-₽26935
-₽42152
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
communal
-
-
-
-
accident
-
-
-
400
income
-
-
-
526
surtax
-
-
-
1 832
health
-
-
-
3 331
pensions
-
-
-
7 108
total
-
-
-
13 197
Employee
70 705
-
31 690
-
pensions
5 656
-
3 554
-
surtax
4 334
-
1 830
-
income
6 829
-
524
-
health
3 147
-
1 977
-
total
19 966
-
7 885
-
Employer
70 705
-
31 690
-
health
2 156
-
1 355
-
pensions
5 656
-
3 554
-
accident
636
-
400
-
total
8 448
-
5 309
-
Corporate
-
37 000
-
-
communal
-
2 498
-
-
income
-
5 549
-
-
surtax
-
388
-
-
total
-
8 435
-
-
Dividends
-
28 565
-
-
income
-
999
-
-
withholding
-
4 284
-
-
total
-
5 283
-
-
Income
37 000
37 000
37 000
37 000
Total tax
28 414
13 718
13 194
13 197
After tax
8 586
23 282
23 806
23 803
Living cost
50 738
50 738
50 738
50 738
Free-cash
-42 152
-27 456
-26 932
-26 935

Estimated living cost  is ₽50738 per week

₽38061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2301
-₽573
₽314
-₽1063
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
income
-
-
-
5 353
other
-
-
-
-
surtax
-
-
-
120
unemployment
-
-
-
213
health
-
-
-
2 628
pensions
-
-
-
7 401
total
-
-
-
15 715
Employee
31 442
-
30 565
-
other
-
-
-
-
unemployment
2 188
-
2 128
-
pensions
2 098
-
2 039
-
surtax
112
-
96
-
income
5 271
-
5 124
-
health
803
-
780
-
total
10 472
-
10 167
-
Employer
31 442
-
30 565
-
health
1 430
-
1 391
-
pensions
4 192
-
4 075
-
unemployment
998
-
969
-
other
-
-
-
-
total
6 620
-
6 435
-
Corporate
-
37 000
-
-
income
-
9 621
-
-
total
-
9 621
-
-
Dividends
-
27 379
-
-
withholding
-
4 107
-
-
total
-
4 107
-
-
Income
37 000
37 000
37 000
37 000
Total tax
17 092
13 728
16 602
15 715
After tax
19 908
23 272
20 398
21 285
Living cost
20 971
20 971
20 971
20 971
Free-cash
-1 063
2 301
-573
314

Estimated living cost  is ₽20971 per week

₽12661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6001
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5704
-₽6963
-₽4801
-₽14792
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
social contributions
-
-
-
9 516
regional
-
-
-
557
municipal
-
-
-
220
national
-
-
-
6 357
total
-
-
-
16 650
Employee
51 791
-
37 000
-
municipal
275
-
197
-
national
8 205
-
5 640
-
regional
697
-
498
-
social contributions
17 464
-
12 477
-
total
26 641
-
18 812
-
Employer
51 791
-
37 000
-
total
-
-
-
-
Corporate
-
37 000
-
-
municipal
-
1 839
-
-
nationa
-
8 880
-
-
total
-
10 719
-
-
Dividends
-
26 281
-
-
withholding
-
6 834
-
-
total
-
6 834
-
-
Income
37 000
37 000
37 000
37 000
Total tax
26 641
17 553
18 812
16 650
After tax
10 359
19 447
18 188
20 350
Living cost
25 151
25 151
25 151
25 151
Free-cash
-14 792
-5 704
-6 963
-4 801

Estimated living cost  is ₽25151 per week

₽15641
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.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2640
-₽9338
-₽10093
-₽18400
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
income
-
-
-
3 180
social contributions
-
-
-
10 804
solidarity contribution
-
-
-
-
health
-
-
-
4 995
total
-
-
-
18 979
Employee
41 344
-
27 612
-
solidarity contribution
-
-
-
-
social contributions
2 687
-
1 795
-
income
4 961
-
3 313
-
health
5 581
-
3 728
-
total
13 229
-
8 836
-
Employer
41 344
-
27 612
-
health
3 721
-
2 485
-
social contributions
10 336
-
6 903
-
total
14 057
-
9 388
-
Corporate
-
37 000
-
-
income
-
7 030
-
-
total
-
7 030
-
-
Dividends
-
29 970
-
-
withholding
-
4 496
-
-
total
-
4 496
-
-
Income
37 000
37 000
37 000
37 000
Total tax
27 286
11 526
18 224
18 979
After tax
9 714
25 474
18 776
18 021
Living cost
28 114
28 114
28 114
28 114
Free-cash
-18 400
-2 640
-9 338
-10 093

Estimated living cost  is ₽28114 per week

₽20907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5163
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13862
-₽16017
-₽8863
-₽16444
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
income
-
-
-
526
surtax
-
-
-
-
unemployment
-
-
-
5 726
chamber of commerce
-
-
-
149
health
-
-
-
2 831
pensions
-
-
-
6 844
total
-
-
-
16 076
Employee
40 813
37 207
37 207
-
other
408
372
282
-
unemployment
1 224
1 116
847
-
pensions
4 180
3 809
2 890
-
income
3 636
2 744
3 173
-
health
1 579
1 440
1 091
-
total
11 027
9 481
8 283
-
Employer
40 813
37 207
37 207
-
chamber of commerce
163
149
149
-
health
1 543
1 407
1 067
-
pensions
5 122
4 670
3 542
-
accident
530
484
367
-
unemployment
1 224
1 116
847
-
surtax
-
-
-
-
payroll
1 224
1 116
1 116
-
other
1 938
1 766
1 690
-
total
11 744
10 708
8 778
-
Corporate
3 544
3 544
24 679
-
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.

886
886
6 169
-
total
886
886
6 169
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
37 000
37 000
37 000
37 000
Total tax
23 657
21 075
23 230
16 076
After tax
13 343
15 925
13 770
20 924
Living cost
29 787
29 787
29 787
29 787
Free-cash
-16 444
-13 862
-16 017
-8 863

Estimated living cost  is ₽29787 per week

₽17868
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3042
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8345
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23426
₽17876
₽24906
₽21228
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
37 000
microenterprise

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

-
-
-
370
total
-
-
-
370
Employee
14 655
-
37 000
-
income
2 931
-
7 400
-
total
2 931
-
7 400
-
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%.

22 345
37 000
-
-
total
-
-
-
-
Dividends
22 345
37 000
-
-
withholding
1 117
1 850
-
-
total
1 117
1 850
-
-
Income
37 000
37 000
37 000
37 000
Total tax
4 048
1 850
7 400
370
After tax
32 952
35 150
29 600
36 630
Living cost
11 724
11 724
11 724
11 724
Free-cash
21 228
23 426
17 876
24 906

Estimated living cost  is ₽11724 per week

₽7934
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2905
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽432
-₽5272
-₽4102
-₽10716
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
37 000
income
-
-
-
5 605
unemployment
-
-
-
55
health
-
-
-
3 641
pensions
-
-
-
6 758
total
-
-
-
16 059
Employee

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

41 286
-
32 016
-
unemployment
58
-
44
-
pensions
6 400
-
4 963
-
income
7 120
-
5 171
-
health
2 667
-
2 068
-
total
16 245
-
12 246
-
Employer

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

41 286
-
32 016
-
health
2 750
-
2 131
-
pensions
3 653
-
2 833
-
unemployment
25
-
19
-
total
6 428
-
4 983
-
Corporate
-
37 000
-
-
income
-
7 030
-
-
total
-
7 030
-
-
Dividends
-
29 970
-
-
withholding
-
4 495
-
-
total
-
4 495
-
-
Income
37 000
37 000
37 000
37 000
Total tax
22 673
11 525
17 229
16 059
After tax
14 327
25 475
19 771
20 941
Living cost
25 043
25 043
25 043
25 043
Free-cash
-10 716
432
-5 272
-4 102

Estimated living cost  is ₽25043 per week

₽17186
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1605
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17374
-₽15125
-₽14315
-₽100828
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
income
-
-
-
7 212
social contributions
-
-
-
4 218
total
-
-
-
11 430
Employee
57 190
-
1 034
-
social contributions
4 690
-
668
-
income
12 615
-
80
-
total
17 305
-
748
-
Employer
57 190
-
1 034
-
social contributions
80 638
-
11 492
-
total
80 638
-
11 492
-
Corporate
-
37 000
-
-
income
-
8 140
-
-
total
-
8 140
-
-
Dividends
-
28 860
-
-
income
-
6 349
-
-
total
-
6 349
-
-
Income
37 000
37 000
37 000
37 000
Total tax
97 943
14 489
12 240
11 430
After tax
-60 943
22 511
24 760
25 570
Living cost
39 885
39 885
39 885
39 885
Free-cash
-100 828
-17 374
-15 125
-14 315

Estimated living cost  is ₽39885 per week

₽25879
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3751
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9747
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8239
-₽8148
-₽7501
-₽16140
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
37 000
income
-
-
-
2 357
surtax
-
-
-
-
social contributions

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

-
-
-
12 858
total
-
-
-
15 215
Employee
42 941
-
29 899
-
surtax
-
-
-
-
social contributions
4 724
-
3 288
-
income
8 932
-
5 473
-
total
13 656
-
8 761
-
Employer
42 941
-
29 899
-
social contributions
10 198
-
7 101
-
total
10 198
-
7 101
-
Corporate
-
37 000
-
-
income
-
7 769
-
-
surtax
-
-
-
-
total
-
7 769
-
-
Dividends
-
29 231
-
-
withholding
-
8 184
-
-
total
-
8 184
-
-
Income
37 000
37 000
37 000
37 000
Total tax
23 854
15 953
15 862
15 215
After tax
13 146
21 047
21 138
21 785
Living cost
29 286
29 286
29 286
29 286
Free-cash
-16 140
-8 239
-8 148
-7 501

Estimated living cost  is ₽29286 per week

₽21912
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
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.
₽5158
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26447
-₽21824
-₽22546
-₽39738
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
income
-
-
-
826
other
-
-
-
1 146
surtax
-
-
-
-
social contributions
-
-
-
1 054
health
-
-
-
322
pensions
-
-
-
11 104
total
-
-
-
14 452
Employee
58 476
-
28 192
-
pensions
6 614
-
3 189
-
surtax
-
-
-
-
social contributions
1 665
-
803
-
income
5 102
-
935
-
total
13 381
-
4 927
-
Employer
58 476
-
28 192
-
health
4 093
-
1 974
-
pensions
9 608
-
4 630
-
unemployment
2 369
-
1 141
-
social contributions
175
-
85
-
other
2 018
-
973
-
total
18 263
-
8 803
-
Corporate
-
37 000
-
-
income
-
10 360
-
-
surtax
-
-
-
-
total
-
10 360
-
-
Dividends
-
26 640
-
-
surtax
-
-
-
-
social contributions
-
4 582
-
-
withholding
-
3 411
-
-
total
-
7 993
-
-
Income
37 000
37 000
37 000
37 000
Total tax
31 644
18 353
13 730
14 452
After tax
5 356
18 647
23 270
22 548
Living cost
45 094
45 094
45 094
45 094
Free-cash
-39 738
-26 447
-21 824
-22 546

Estimated living cost  is ₽45094 per week

₽30519
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5236
₽1887
₽795
₽2097
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
income
-
-
-
-
social contributions
-
-
-
8 140
total
-
-
-
8 140
Employee
30 016
-
32 034
-
income
-
-
-
-
social contributions
1 951
-
2 082
-
total
1 951
-
2 082
-
Employer
30 016
-
32 034
-
social contributions
4 653
-
4 966
-
total
4 653
-
4 966
-
Corporate
2 331
37 000
-
-
income
234
3 699
-
-
total
234
3 699
-
-
Dividends
2 098
33 301
-
-
total
-
-
-
-
Income
37 000
37 000
37 000
37 000
Total tax
6 838
3 699
7 048
8 140
After tax
30 162
33 301
29 952
28 860
Living cost
28 065
28 065
28 065
28 065
Free-cash
2 097
5 236
1 887
795

Estimated living cost  is ₽28065 per week

₽18147
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2116
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7275
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽166433
-₽166433
-₽19879
-₽166433
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
labour market
-
-
-
2 895
municipal
-
-
-
5 143
national
-
-
-
3 065
pensions
-
-
-
809
total
-
-
-
11 912
Employee
189 796
189 796
189 796
-
municipal
40 416
40 416
40 416
-
labour market
15 162
15 162
15 162
-
pensions
270
270
270
-
national
23 187
23 187
23 187
-
total
79 035
79 035
79 035
-
Employer
189 796
189 796
189 796
-
national
23 227
23 227
23 227
-
labour market
15 184
15 184
15 184
-
pensions
540
540
540
-
municipal
40 480
40 480
40 480
-
total
79 431
79 431
79 431
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
37 000
37 000
37 000
37 000
Total tax
158 466
158 466
158 466
11 912
After tax
-121 466
-121 466
-121 466
25 088
Living cost
44 967
44 967
44 967
44 967
Free-cash
-166 433
-166 433
-166 433
-19 879

Estimated living cost  is ₽44967 per week

₽30776
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3978
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽692
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9522
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17536
-₽994
₽4474
-₽1882
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
accident
-
-
-
239
income
-
-
-
5 396
other
-
-
-
351
health
-
-
-
2 066
pensions
-
-
-
3 941
total
-
-
-
11 993
Employee
32 300
-
30 736
-
pensions
3 637
-
3 461
-
income
4 431
-
4 217
-
health
3 699
-
3 519
-
total
11 767
-
11 197
-
Employer
32 300
-
30 736
-
pensions
5 252
-
4 998
-
accident
539
-
513
-
unemployment
791
-
753
-
total
6 582
-
6 264
-
Corporate
-
37 000
-
-
income

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

-
33 300
-
-
total
-
33 300
-
-
Dividends
-
3 700
-
-
withholding
-
703
-
-
total
-
703
-
-
Income
37 000
37 000
37 000
37 000
Total tax
18 349
34 003
17 461
11 993
After tax
18 651
2 997
19 539
25 007
Living cost
20 533
20 533
20 533
20 533
Free-cash
-1 882
-17 536
-994
4 474

Estimated living cost  is ₽20533 per week

₽14946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1171
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10241
-₽12501
-₽5992
-₽21389
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
37 000
health
-
-
-
181
municipal
-
-
-
6 628
national
-
-
-
338
total
-
-
-
7 147
Employee
49 121
-
31 127
-
municipal
8 046
-
5 124
-
unemployment
737
-
468
-
pensions
3 315
-
2 101
-
national
811
-
-
-
health
367
-
90
-
total
13 276
-
7 783
-
Employer
49 121
-
31 127
-
health
377
-
239
-
pensions
8 522
-
5 400
-
accident
50
-
32
-
unemployment
319
-
202
-
total
9 268
-
5 873
-
Corporate
-
37 000
-
-
income
-
7 401
-
-
total
-
7 401
-
-
Dividends

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

-
22 199
-
-
municipal
-
3 995
-
-
national
-
-
-
-
total
-
3 995
-
-
Income
37 000
37 000
37 000
37 000
Total tax
22 544
11 396
13 656
7 147
After tax
14 456
25 604
23 344
29 853
Living cost
35 845
35 845
35 845
35 845
Free-cash
-21 389
-10 241
-12 501
-5 992

Estimated living cost  is ₽35845 per week

₽23414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3448
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8414
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5729
₽821
₽8667
₽711
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
income
-
-
-
-
social contributions
-
-
-
5 772
health
-
-
-
944
total
-
-
-
6 716
Employee
71 793
71 793
71 793
-
social contributions
2 714
5 958
2 789
-
income
7 817
6 646
7 791
-
health
556
1 221
571
-
total
11 087
13 825
11 151
-
Employer
71 793
71 793
71 793
-
health
604
1 329
622
-
social contributions
2 714
5 958
2 789
-
total
3 318
7 287
3 411
-
Corporate
977
-
-
-
income
122
-
-
-
total
122
-
-
-
Dividends
855
-
-
-
withholding
145
-
-
-
total
145
-
-
-
Income
37 000
37 000
37 000
37 000
Total tax
14 672
21 112
14 562
6 716
After tax
22 328
15 888
22 438
30 284
Living cost
21 617
21 617
21 617
21 617
Free-cash
711
-5 729
821
8 667

Estimated living cost  is ₽21617 per week

₽12955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2121
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6063
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15817
₽8197
₽10118
₽11067
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 000
income
-
-
-
2 713
unemployment
-
-
-
27
health
-
-
-
3 379
pensions
-
-
-
5 939
total
-
-
-
12 058
Employee

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

21 431
-
33 545
-
unemployment
106
-
168
-
pensions
3 214
-
5 032
-
income
1 465
-
2 474
-
health
1 821
-
2 851
-
total
6 606
-
10 525
-
Employer

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

21 431
-
33 545
-
health
921
-
1 442
-
pensions
1 178
-
1 844
-
unemployment
106
-
168
-
total
2 205
-
3 454
-
Corporate
13 364
37 000
-
-
income
1 203
3 329
-
-
total
1 203
3 329
-
-
Dividends
12 161
33 671
-
-
withholding
1 095
3 030
-
-
total
1 095
3 030
-
-
Income
37 000
37 000
37 000
37 000
Total tax
11 109
6 359
13 979
12 058
After tax
25 891
30 641
23 021
24 942
Living cost
14 824
14 824
14 824
14 824
Free-cash
11 067
15 817
8 197
10 118

Estimated living cost  is ₽14824 per week

₽9458
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1068
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽616
-₽5511
-₽4886
-₽8528
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
accident
-
-
-
333
income
-
-
-
5 112
other
-
-
-
37
unemployment
-
-
-
259
pensions
-
-
-
10 471
total
-
-
-
16 212
Employee
34 523
-
27 060
-
other
34
-
32
-
unemployment
535
-
484
-
pensions
1 623
-
1 465
-
income
6 656
-
4 916
-
total
8 848
-
6 897
-
Employer
34 523
-
27 060
-
pensions
8 147
-
7 358
-
accident
684
-
617
-
unemployment
1 899
-
1 715
-
other
276
-
250
-
total
11 006
-
9 940
-
Corporate
-
37 000
-
-
income

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

-
5 549
-
-
total
-
5 549
-
-
Dividends
-
31 451
-
-
withholding
-
6 393
-
-
total
-
6 393
-
-
Income
37 000
37 000
37 000
37 000
Total tax
19 854
11 942
16 837
16 212
After tax
17 146
25 058
20 163
20 788
Living cost
25 674
25 674
25 674
25 674
Free-cash
-8 528
-616
-5 511
-4 886

Estimated living cost  is ₽25674 per week

₽17330
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21197
₽20913
₽21049
₽20885
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
income
-
-
-
11 681
health
-
-
-
1 000
pensions
-
-
-
1 379
total
-
-
-
14 060
Employee
2 880
-
35 448
-
unemployment
29
-
69
-
pensions
259
-
621
-
income
557
-
11 609
-
health
144
-
345
-
total
989
-
12 644
-
Employer
2 880
-
35 448
-
health
274
-
655
-
pensions
317
-
759
-
unemployment
58
-
138
-
total
649
-
1 552
-
Corporate
33 472
37 000
-
-
income
7 364
8 140
-
-
total
7 364
8 140
-
-
Dividends
26 108
28 860
-
-
withholding
5 222
5 772
-
-
total
5 222
5 772
-
-
Income
37 000
37 000
37 000
37 000
Total tax
14 224
13 912
14 196
14 060
After tax
22 776
23 088
22 804
22 940
Living cost
1 891
1 891
1 891
1 891
Free-cash
20 885
21 197
20 913
21 049

Estimated living cost  is ₽1891 per week

₽1124
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽153
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽571
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10585
₽4227
₽2633
₽5991
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
37 000
income
-
-
-
4 234
unemployment
-
-
-
555
health
-
-
-
3 811
pensions
-
-
-
9 620
total
-
-
-
18 220
Employee

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

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

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

24 348
-
31 383
-
unemployment
183
-
235
-
pensions
3 409
-
4 394
-
income
3 356
-
4 765
-
health
1 254
-
1 616
-
total
8 202
-
11 010
-
Employer

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

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

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

24 348
-
31 383
-
health
1 254
-
1 616
-
pensions
2 922
-
3 766
-
unemployment
183
-
235
-
total
4 359
-
5 617
-
Corporate
8 294
37 000
-
-
income
1 244
5 550
-
-
total
1 244
5 550
-
-
Dividends
7 050
31 450
-
-
withholding
1 057
4 718
-
-
total
1 057
4 718
-
-
Income
37 000
37 000
37 000
37 000
Total tax
14 862
10 268
16 627
18 220
After tax
22 138
26 732
20 373
18 780
Living cost
16 147
16 147
16 147
16 147
Free-cash
5 991
10 585
4 227
2 633

Estimated living cost  is ₽16147 per week

₽10871
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1249
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3559
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4124
-₽4033
-₽3386
-₽7845
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
37 000
income
-
-
-
2 357
surtax
-
-
-
-
social contributions

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

-
-
-
12 858
total
-
-
-
15 215
Employee
36 237
-
29 899
-
surtax
-
-
-
-
social contributions
3 987
-
3 288
-
income
7 081
-
5 473
-
total
11 068
-
8 761
-
Employer
36 237
-
29 899
-
social contributions
8 606
-
7 101
-
total
8 606
-
7 101
-
Corporate
-
37 000
-
-
income
-
7 769
-
-
surtax
-
-
-
-
total
-
7 769
-
-
Dividends
-
29 231
-
-
withholding
-
8 184
-
-
total
-
8 184
-
-
Income
37 000
37 000
37 000
37 000
Total tax
19 674
15 953
15 862
15 215
After tax
17 326
21 047
21 138
21 785
Living cost
25 171
25 171
25 171
25 171
Free-cash
-7 845
-4 124
-4 033
-3 386

Estimated living cost  is ₽25171 per week

₽17828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7755
-₽12650
-₽12025
-₽22467
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
accident
-
-
-
333
income
-
-
-
5 112
other
-
-
-
37
unemployment
-
-
-
259
pensions
-
-
-
10 471
total
-
-
-
16 212
Employee
45 091
-
27 060
-
other
44
-
32
-
unemployment
698
-
484
-
pensions
2 119
-
1 465
-
income
9 418
-
4 916
-
total
12 279
-
6 897
-
Employer
45 091
-
27 060
-
pensions
10 641
-
7 358
-
accident
893
-
617
-
unemployment
2 480
-
1 715
-
other
361
-
250
-
total
14 375
-
9 940
-
Corporate
-
37 000
-
-
income

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

-
5 549
-
-
total
-
5 549
-
-
Dividends
-
31 451
-
-
withholding
-
6 393
-
-
total
-
6 393
-
-
Income
37 000
37 000
37 000
37 000
Total tax
26 654
11 942
16 837
16 212
After tax
10 346
25 058
20 163
20 788
Living cost
32 813
32 813
32 813
32 813
Free-cash
-22 467
-7 755
-12 650
-12 025

Estimated living cost  is ₽32813 per week

₽23565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2551
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15571
₽7295
₽6677
₽9879
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
income
-
-
-
5 550
unemployment
-
-
-
130
health
-
-
-
3 751
pensions

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

-
-
-
4 828
total
-
-
-
14 259
Employee
21 272
-
30 930
-
accident

We are using the highest rate at 1.1%.

234
-
340
-
pensions

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

1 867
-
2 716
-
income
2 128
-
3 093
-
health
979
-
1 423
-
total
5 208
-
7 572
-
Employer
21 272
-
30 930
-
health
1 468
-
2 134
-
pensions

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

2 344
-
3 409
-
accident

We are using the highest rate at 1.1%.

234
-
340
-
unemployment
128
-
186
-
total
4 174
-
6 069
-
Corporate
11 555
37 000
-
-
income
1 155
3 700
-
-
total
1 155
3 700
-
-
Dividends
10 399
33 300
-
-
withholding
520
1 665
-
-
total
520
1 665
-
-
Income
37 000
37 000
37 000
37 000
Total tax
11 057
5 365
13 641
14 259
After tax
25 943
31 635
23 359
22 741
Living cost
16 064
16 064
16 064
16 064
Free-cash
9 879
15 571
7 295
6 677

Estimated living cost  is ₽16064 per week

₽10625
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽920
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.
₽4137
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16794
-₽6819
-₽6819
-₽9455
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
37 000
income

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

-
-
-
1 322
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.

-
-
-
73
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.

-
-
-
6 378
trade
-
-
-
-
total
-
-
-
7 773
Employee

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

46 455
-
37 000
-
surtax

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

211
-
73
-
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.

3 820
-
1 322
-
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.

6 378
-
6 378
-
total
10 409
-
7 773
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
37 000
-
-
income
-
5 549
-
-
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.

-
305
-
-
chamber of commerce
-
197
-
-
trade
-
5 310
-
-
total
-
11 361
-
-
Dividends
-
25 639
-
-
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.

-
333
-
-
withholding
-
6 054
-
-
total
-
6 387
-
-
Income
37 000
37 000
37 000
37 000
Total tax
10 409
17 748
7 773
7 773
After tax
26 591
19 252
29 227
29 227
Living cost
36 046
36 046
36 046
36 046
Free-cash
-9 455
-16 794
-6 819
-6 819

Estimated living cost  is ₽36046 per week

₽24865
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6779
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27285
-₽22765
-₽22765
-₽36033
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
income
-
-
-
4 477
social contributions
-
-
-
2 103
total
-
-
-
6 580
Employee
73 032
-
37 000
-
income
13 781
-
4 477
-
social contributions
6 067
-
2 103
-
total
19 848
-
6 580
-
Employer
73 032
-
37 000
-
total
-
-
-
-
Corporate
-
37 000
-
-
income
-
4 624
-
-
total
-
4 624
-
-
Dividends
-
32 376
-
-
withholding
-
6 476
-
-
total
-
6 476
-
-
Income
37 000
37 000
37 000
37 000
Total tax
19 848
11 100
6 580
6 580
After tax
17 152
25 900
30 420
30 420
Living cost
53 185
53 185
53 185
53 185
Free-cash
-36 033
-27 285
-22 765
-22 765

Estimated living cost  is ₽53185 per week

₽40462
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4334
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7881
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13449
-₽6210
-₽29126
-₽12908
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
37 000
income
-
-
-
26 577
health

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

-
-
-
5 657
total
-
-
-
32 234
Employee
42 830
-
33 630
-
income
4 647
-
2 578
-
social contributions
4 291
-
3 370
-
total
8 938
-
5 948
-
Employer
42 830
-
33 630
-
social contributions
4 291
-
3 370
-
total
4 291
-
3 370
-
Corporate
-
37 000
-
-
income
-
12 950
-
-
total
-
12 950
-
-
Dividends
-
24 050
-
-
social contributions
2 787
3 607
-
-
total
2 787
3 607
-
-
Income
37 000
37 000
37 000
37 000
Total tax
16 016
16 557
9 318
32 234
After tax
20 984
20 443
27 682
4 766
Living cost
33 892
33 892
33 892
33 892
Free-cash
-12 908
-13 449
-6 210
-29 126

Estimated living cost  is ₽33892 per week

₽22324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8375
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7110
-₽9837
-₽6644
-₽16553
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
income
-
-
-
7 047
pensions
-
-
-
1 764
total
-
-
-
8 811
Employee
47 813
-
33 508
-
pensions
3 649
-
1 933
-
income
8 707
-
6 249
-
health
624
-
330
-
total
12 980
-
8 512
-
Employer
47 813
-
33 508
-
health
909
-
636
-
pensions
4 831
-
2 856
-
total
5 740
-
3 492
-
Corporate
-
37 000
-
-
income

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

-
7 030
-
-
total
-
7 030
-
-
Dividends
-
29 970
-
-
withholding
-
2 247
-
-
total
-
2 247
-
-
Income
37 000
37 000
37 000
37 000
Total tax
18 720
9 277
12 004
8 811
After tax
18 280
27 723
24 996
28 189
Living cost
34 833
34 833
34 833
34 833
Free-cash
-16 553
-7 110
-9 837
-6 644

Estimated living cost  is ₽34833 per week

₽23895
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3203
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7297
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽19569
-₽3027
₽2441
-₽5732
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
accident
-
-
-
239
income
-
-
-
5 396
other
-
-
-
351
health
-
-
-
2 066
pensions
-
-
-
3 941
total
-
-
-
11 993
Employee
35 497
-
30 736
-
pensions
3 997
-
3 461
-
income
4 870
-
4 217
-
health
4 064
-
3 519
-
total
12 931
-
11 197
-
Employer
35 497
-
30 736
-
pensions
5 772
-
4 998
-
accident
593
-
513
-
unemployment
870
-
753
-
total
7 235
-
6 264
-
Corporate
-
37 000
-
-
income

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

-
33 300
-
-
total
-
33 300
-
-
Dividends
-
3 700
-
-
withholding
-
703
-
-
total
-
703
-
-
Income
37 000
37 000
37 000
37 000
Total tax
20 166
34 003
17 461
11 993
After tax
16 834
2 997
19 539
25 007
Living cost
22 566
22 566
22 566
22 566
Free-cash
-5 732
-19 569
-3 027
2 441

Estimated living cost  is ₽22566 per week

₽16561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18837
₽10040
₽10040
₽14297
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
37 000
income
-
-
-
4 172
unemployment
-
-
-
444
work injury
-
-
-
185
health insurance
-
-
-
2 738
pensions
-
-
-
6 808
total
-
-
-
14 347
Employee

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

20 181
-
37 000
-
health insurance
1 493
-
2 738
-
unemployment
242
-
444
-
work injury
101
-
185
-
pensions
3 713
-
6 808
-
income
2 018
-
4 172
-
total
7 567
-
14 347
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
16 819
37 000
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
16 819
37 000
-
-
withholding
2 523
5 550
-
-
total
2 523
5 550
-
-
Income
37 000
37 000
37 000
37 000
Total tax
10 090
5 550
14 347
14 347
After tax
26 910
31 450
22 653
22 653
Living cost
12 613
12 613
12 613
12 613
Free-cash
14 297
18 837
10 040
10 040

Estimated living cost  is ₽12613 per week

₽7814
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽917
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
-₽17706
-₽18955
-₽16800
-₽41676
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 000
social contributions
-
-
-
9 516
regional
-
-
-
485
municipal
-
-
-
248
national
-
-
-
6 357
total
-
-
-
16 606
Employee
78 675
-
37 000
-
municipal
470
-
221
-
national
13 295
-
5 640
-
regional
1 188
-
423
-
social contributions
26 529
-
12 477
-
total
41 482
-
18 761
-
Employer
78 675
-
37 000
-
total
-
-
-
-
Corporate
-
37 000
-
-
municipal
-
1 784
-
-
nationa
-
8 880
-
-
total
-
10 664
-
-
Dividends
-
26 336
-
-
withholding
-
6 848
-
-
total
-
6 848
-
-
Income
37 000
37 000
37 000
37 000
Total tax
41 482
17 512
18 761
16 606
After tax
-4 482
19 488
18 239
20 394
Living cost
37 194
37 194
37 194
37 194
Free-cash
-41 676
-17 706
-18 955
-16 800

Estimated living cost  is ₽37194 per week

₽26127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2558
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7946
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close