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
₽ 37500
per

Your estimated
City
free-cash

Dresden , Germany
₽821
-₽9684
₽821
₽619
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
37 500
health

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

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

-
-
-
6 498
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.

-
-
-
1 298
surtax

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

-
-
-
72
trade
-
-
-
-
total
-
-
-
7 868
Employee

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

36 381
-
37 500
-
surtax

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

56
-
72
-
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.

1 016
-
1 298
-
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.

6 498
-
6 498
-
total
7 570
-
7 868
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 119
37 500
-
-
chamber of commerce
146
199
-
-
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.

9
309
-
-
trade
177
5 906
-
-
income
168
5 625
-
-
total
500
12 039
-
-
Dividends
619
25 462
-
-
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.

-
330
-
-
withholding
-
6 004
-
-
total
-
6 334
-
-
Income
37 500
37 500
37 500
37 500
Total tax
8 070
18 373
7 868
7 868
After tax
29 430
19 127
29 632
29 632
Living cost
28 811
28 811
28 811
28 811
Free-cash
619
-9 684
821
821

Estimated living cost  is ₽28811 per week

₽18123
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3359
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽25198
-₽26680
-₽25492
-₽47179
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 500
social contributions
-
-
-
403
pensions
-
-
-
4 500
national
-
-
-
4 868
municipal
-
-
-
3 141
total
-
-
-
12 912
Employee
77 633
-
32 418
-
municipal
9 589
-
3 286
-
national
14 859
-
5 093
-
pensions
3 105
-
1 297
-
total
27 553
-
9 676
-
Employer
77 633
-
32 418
-
pensions
6 211
-
2 593
-
social contributions
835
-
349
-
total
7 046
-
2 942
-
Corporate
-
37 500
-
-
income

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

-
7 500
-
-
total
-
7 500
-
-
Dividends
-
30 000
-
-
withholding
-
6 600
-
-
total
-
6 600
-
-
Income
37 500
37 500
37 500
37 500
Total tax
34 599
14 100
12 618
12 912
After tax
2 901
23 400
24 882
24 588
Living cost
50 080
50 080
50 080
50 080
Free-cash
-47 179
-26 680
-25 198
-25 492

Estimated living cost  is ₽50080 per week

₽34039
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4655
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽750
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10636
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1727
₽10211
₽9091
₽2407
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
37 500
social contributions

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

-
-
-
2 995
income
-
-
-
-
surtax
-
-
-
-
microenterprise
-
-
-
5 625
total
-
-
-
8 620
Employee
27 794
-
30 220
-
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.

3 058
-
3 325
-
income
4 948
-
5 379
-
total
8 006
-
8 704
-
Employer
27 794
-
30 220
-
surtax
-
-
-
-
social contributions

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

6 695
-
7 280
-
total
6 695
-
7 280
-
Corporate
3 011
37 500
-
-
income

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

603
7 500
-
-
total
603
7 500
-
-
Dividends

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

2 408
30 000
-
-
total
-
-
-
-
Income
37 500
37 500
37 500
37 500
Total tax
15 304
7 500
15 984
8 620
After tax
22 196
30 000
21 516
28 880
Living cost
19 789
19 789
19 789
19 789
Free-cash
2 407
10 211
1 727
9 091

Estimated living cost  is ₽19789 per week

₽12625
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1884
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.
₽4830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽56955
-₽51616
-₽18240
-₽56955
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 500
health
-
-
-
5 756
income
-
-
-
3 386
pensions
-
-
-
6 751
total
-
-
-
15 893
Employee
81 228
81 228
81 228
-
income

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

13 296
13 296
13 296
-
pensions
14 621
11 145
14 621
-
health
12 468
10 605
12 468
-
total
40 385
35 046
40 385
-
Employer
81 228
81 228
81 228
-
unemployment
2 924
2 924
2 924
-
health
5 646
5 646
5 646
-
pensions
5 653
5 653
5 653
-
total
14 223
14 223
14 223
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
37 500
37 500
37 500
37 500
Total tax
54 608
49 269
54 608
15 893
After tax
-17 108
-11 769
-17 108
21 607
Living cost
39 847
39 847
39 847
39 847
Free-cash
-56 955
-51 616
-56 955
-18 240

Estimated living cost  is ₽39847 per week

₽28239
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3592
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽634
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7383
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19106
-₽18657
-₽20438
-₽35778
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 500
other
-
-
-
4 357
health
-
-
-
2 340
accident
-
-
-
75
pensions
-
-
-
4 054
national
-
-
-
-
unemployment
-
-
-
37
municipal
-
-
-
7 943
total
-
-
-
18 806
Employee
55 759
-
28 535
-
municipal
16 627
-
8 509
-
national
-
-
-
-
total
16 627
-
8 509
-
Employer
55 759
-
28 535
-
other
6 479
-
3 316
-
unemployment
1 472
-
753
-
health
3 429
-
1 755
-
accident
112
-
57
-
pensions
6 027
-
3 084
-
total
17 519
-
8 965
-
Corporate
-
37 500
-
-
income
-
8 250
-
-
total
-
8 250
-
-
Dividends
-
29 250
-
-
withholding
-
8 775
-
-
total
-
8 775
-
-
Income
37 500
37 500
37 500
37 500
Total tax
34 146
17 025
17 474
18 806
After tax
3 354
20 475
20 026
18 694
Living cost
39 132
39 132
39 132
39 132
Free-cash
-35 778
-18 657
-19 106
-20 438

Estimated living cost  is ₽39132 per week

₽25935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3840
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.
₽8763
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7735
-₽18434
-₽7735
-₽10736
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
37 500
health

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

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

-
-
-
6 498
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.

-
-
-
1 298
surtax

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

-
-
-
72
trade
-
-
-
-
total
-
-
-
7 868
Employee

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

48 237
-
37 500
-
surtax

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

227
-
72
-
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.

4 144
-
1 298
-
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.

6 498
-
6 498
-
total
10 869
-
7 868
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
37 500
-
-
chamber of commerce
-
199
-
-
surtax

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

-
309
-
-
trade
-
6 168
-
-
income
-
5 625
-
-
total
-
12 301
-
-
Dividends
-
25 200
-
-
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.

-
327
-
-
withholding
-
5 939
-
-
total
-
6 266
-
-
Income
37 500
37 500
37 500
37 500
Total tax
10 869
18 567
7 868
7 868
After tax
26 631
18 933
29 632
29 632
Living cost
37 367
37 367
37 367
37 367
Free-cash
-10 736
-18 434
-7 735
-7 735

Estimated living cost  is ₽37367 per week

₽24991
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8153
-₽14861
-₽159
-₽9660
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 500
social contributions
-
-
-
5 850
health
-
-
-
957
income
-
-
-
-
total
-
-
-
6 807
Employee
73 142
73 142
73 142
-
social contributions
3 554
6 070
2 825
-
income
7 681
6 771
7 942
-
health
727
1 244
579
-
total
11 962
14 085
11 346
-
Employer
73 142
73 142
73 142
-
health
792
1 354
630
-
social contributions
3 554
6 070
2 825
-
total
4 346
7 424
3 455
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
37 500
37 500
37 500
37 500
Total tax
16 308
21 509
14 801
6 807
After tax
21 192
15 991
22 699
30 693
Living cost
30 852
30 852
30 852
30 852
Free-cash
-9 660
-14 861
-8 153
-159

Estimated living cost  is ₽30852 per week

₽21090
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2410
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4301
₽3902
₽8540
₽4267
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 500
health
-
-
-
2 625
income
-
-
-
4 584
pensions
-
-
-
3 750
unemployment
-
-
-
563
total
-
-
-
11 522
Employee

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

25 172
10 018
31 381
-
income
3 077
1 225
3 836
-
pensions
2 517
1 002
3 138
-
health
1 762
701
2 197
-
unemployment
378
150
471
-
total
7 734
3 078
9 642
-
Employer

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

25 172
10 018
31 381
-
pensions
4 908
1 954
6 119
-
total
4 908
1 954
6 119
-
Corporate
7 420
25 529
-
-
income
668
2 298
-
-
total
668
2 298
-
-
Dividends
6 752
23 231
-
-
social contributions
1 202
4 416
-
-
withholding
1 283
4 414
-
-
total
2 485
8 830
-
-
Income
37 500
37 500
37 500
37 500
Total tax
15 795
16 160
15 761
11 522
After tax
21 705
21 340
21 739
25 978
Living cost
17 438
17 438
17 438
17 438
Free-cash
4 267
3 902
4 301
8 540

Estimated living cost  is ₽17438 per week

₽11900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽348
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3763
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽692
₽7025
-₽709
₽1115
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 500
health
-
-
-
4 875
income
-
-
-
2 859
pensions
-
-
-
7 500
total
-
-
-
15 234
Employee
26 984
-
28 027
-
income
3 038
-
3 352
-
pensions
540
-
561
-
unemployment
431
-
448
-
total
4 009
-
4 361
-
Employer
26 984
-
28 027
-
unemployment
217
-
224
-
health
3 507
-
3 643
-
pensions
5 397
-
5 605
-
total
9 121
-
9 472
-
Corporate
1 395
37 500
-
-
income
280
7 500
-
-
total
280
7 500
-
-
Dividends
1 115
30 000
-
-
total
-
-
-
-
Income
37 500
37 500
37 500
37 500
Total tax
13 410
7 500
13 833
15 234
After tax
24 090
30 000
23 667
22 266
Living cost
22 975
22 975
22 975
22 975
Free-cash
1 115
7 025
692
-709

Estimated living cost  is ₽22975 per week

₽15758
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.
₽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.
₽5386
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1162
-₽17929
₽4419
-₽2203
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 500
other
-
-
-
353
health
-
-
-
2 078
accident
-
-
-
241
income
-
-
-
5 478
pensions
-
-
-
3 965
total
-
-
-
12 115
Employee
32 980
-
31 151
-
income
4 525
-
4 273
-
pensions
3 714
-
3 508
-
health
3 776
-
3 567
-
total
12 015
-
11 348
-
Employer
32 980
-
31 151
-
unemployment
808
-
763
-
accident
551
-
520
-
pensions
5 363
-
5 065
-
total
6 722
-
6 348
-
Corporate
-
37 500
-
-
income

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

-
33 750
-
-
total
-
33 750
-
-
Dividends
-
3 750
-
-
withholding
-
713
-
-
total
-
713
-
-
Income
37 500
37 500
37 500
37 500
Total tax
18 737
34 463
17 696
12 115
After tax
18 763
3 037
19 804
25 385
Living cost
20 966
20 966
20 966
20 966
Free-cash
-2 203
-17 929
-1 162
4 419

Estimated living cost  is ₽20966 per week

₽15366
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4001
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22064
₽27689
₽29189
₽26201
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
37 500
microenterprise

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

-
-
-
375
total
-
-
-
375
Employee
9 920
-
37 500
-
income
1 984
-
7 500
-
total
1 984
-
7 500
-
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%.

27 580
37 500
-
-
total
-
-
-
-
Dividends
27 580
37 500
-
-
withholding
1 379
1 875
-
-
total
1 379
1 875
-
-
Income
37 500
37 500
37 500
37 500
Total tax
3 363
1 875
7 500
375
After tax
34 137
35 625
30 000
37 125
Living cost
7 936
7 936
7 936
7 936
Free-cash
26 201
27 689
22 064
29 189

Estimated living cost  is ₽7936 per week

₽4918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽660
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽218
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3363
₽2205
-₽5039
-₽5741
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 500
other
-
-
-
1 782
health
-
-
-
1 650
income
-
-
-
4 764
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.

-
-
-
8 998
total
-
-
-
17 194
Employee
34 537
-
29 953
-
income
5 946
-
5 155
-
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.

2 417
-
2 097
-
health
484
-
419
-
unemployment
345
-
300
-
total
9 192
-
7 971
-
Employer
34 537
-
29 953
-
other
1 727
-
1 496
-
unemployment
345
-
300
-
health
484
-
419
-
accident
276
-
240
-
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.

5 872
-
5 092
-
total
8 704
-
7 547
-
Corporate
-
37 500
-
-
income
-
7 876
-
-
total
-
7 876
-
-
Dividends
-
29 624
-
-
withholding
-
2 074
-
-
total
-
2 074
-
-
Income
37 500
37 500
37 500
37 500
Total tax
17 896
9 950
15 518
17 194
After tax
19 604
27 550
21 982
20 306
Living cost
25 345
25 345
25 345
25 345
Free-cash
-5 741
2 205
-3 363
-5 039

Estimated living cost  is ₽25345 per week

₽17908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5318
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽37945
-₽35168
-₽34701
-₽64277
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 500
income
-
-
-
7 141
pensions
-
-
-
1 796
total
-
-
-
8 937
Employee
89 509
-
33 952
-
income
16 135
-
6 329
-
health
1 475
-
335
-
pensions
8 635
-
1 969
-
total
26 245
-
8 633
-
Employer
89 509
-
33 952
-
health
1 700
-
646
-
pensions
10 568
-
2 902
-
total
12 268
-
3 548
-
Corporate
-
37 500
-
-
income

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

-
7 125
-
-
total
-
7 125
-
-
Dividends
-
30 375
-
-
withholding
-
2 279
-
-
total
-
2 279
-
-
Income
37 500
37 500
37 500
37 500
Total tax
38 513
9 404
12 181
8 937
After tax
-1 013
28 096
25 319
28 563
Living cost
63 264
63 264
63 264
63 264
Free-cash
-64 277
-35 168
-37 945
-34 701

Estimated living cost  is ₽63264 per week

₽47405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7433
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7912
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽11316
₽19704
₽10724
₽15323
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 500
health
-
-
-
3 787
income
-
-
-
5 625
pensions

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

-
-
-
4 873
unemployment
-
-
-
132
total
-
-
-
14 417
Employee
16 365
-
31 349
-
income
1 636
-
3 135
-
accident

We are using the highest rate at 1.1%.

180
-
345
-
pensions

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

1 437
-
2 752
-
health
753
-
1 442
-
total
4 006
-
7 674
-
Employer
16 365
-
31 349
-
unemployment
98
-
188
-
health
1 130
-
2 163
-
accident

We are using the highest rate at 1.1%.

180
-
345
-
pensions

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

1 804
-
3 455
-
total
3 212
-
6 151
-
Corporate
17 924
37 500
-
-
income
1 793
3 750
-
-
total
1 793
3 750
-
-
Dividends
16 131
33 750
-
-
withholding
807
1 687
-
-
total
807
1 687
-
-
Income
37 500
37 500
37 500
37 500
Total tax
9 818
5 437
13 825
14 417
After tax
27 682
32 063
23 675
23 083
Living cost
12 359
12 359
12 359
12 359
Free-cash
15 323
19 704
11 316
10 724

Estimated living cost  is ₽12359 per week

₽7215
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽327
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3934
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽69853
-₽64514
-₽31138
-₽66128
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 500
health
-
-
-
5 756
income
-
-
-
3 386
pensions
-
-
-
6 751
total
-
-
-
15 893
Employee
88 188
81 228
81 228
-
income

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

13 296
13 296
13 296
-
pensions
11 145
11 145
14 621
-
health
11 002
10 605
12 468
-
total
35 443
35 046
40 385
-
Employer
88 188
81 228
81 228
-
unemployment
3 175
2 924
2 924
-
health
6 128
5 646
5 646
-
pensions
6 137
5 653
5 653
-
total
15 440
14 223
14 223
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
37 500
37 500
37 500
37 500
Total tax
50 883
49 269
54 608
15 893
After tax
-13 383
-11 769
-17 108
21 607
Living cost
52 745
52 745
52 745
52 745
Free-cash
-66 128
-64 514
-69 853
-31 138

Estimated living cost  is ₽52745 per week

₽38908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8522
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4337
₽2452
-₽5102
-₽8548
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 500
social contributions
-
-
-
10 950
health
-
-
-
5 062
income
-
-
-
3 223
solidarity contribution
-
-
-
-
total
-
-
-
19 235
Employee
34 363
-
27 985
-
social contributions
2 234
-
1 819
-
solidarity contribution
-
-
-
-
income
4 124
-
3 358
-
health
4 639
-
3 778
-
total
10 997
-
8 955
-
Employer
34 363
-
27 985
-
health
3 093
-
2 519
-
social contributions
8 591
-
6 996
-
total
11 684
-
9 515
-
Corporate
-
37 500
-
-
income
-
7 125
-
-
total
-
7 125
-
-
Dividends
-
30 375
-
-
withholding
-
4 556
-
-
total
-
4 556
-
-
Income
37 500
37 500
37 500
37 500
Total tax
22 681
11 681
18 470
19 235
After tax
14 819
25 819
19 030
18 265
Living cost
23 367
23 367
23 367
23 367
Free-cash
-8 548
2 452
-4 337
-5 102

Estimated living cost  is ₽23367 per week

₽16231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5014
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21503
-₽20128
-₽19288
-₽47037
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 500
social contributions
-
-
-
9 644
national
-
-
-
6 439
regional
-
-
-
346
municipal
-
-
-
222
total
-
-
-
16 651
Employee
84 536
-
37 500
-
social contributions
28 506
-
12 645
-
municipal
448
-
199
-
national
14 648
-
5 717
-
regional
798
-
305
-
total
44 400
-
18 866
-
Employer
84 536
-
37 500
-
total
-
-
-
-
Corporate
-
37 500
-
-
nationa
-
9 000
-
-
municipal
-
1 462
-
-
total
-
10 462
-
-
Dividends
-
27 038
-
-
withholding
-
7 029
-
-
total
-
7 029
-
-
Income
37 500
37 500
37 500
37 500
Total tax
44 400
17 491
18 866
16 651
After tax
-6 900
20 009
18 634
20 849
Living cost
40 137
40 137
40 137
40 137
Free-cash
-47 037
-20 128
-21 503
-19 288

Estimated living cost  is ₽40137 per week

₽27979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2632
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽616
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8910
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽312
₽2599
₽586
-₽576
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 500
other
-
-
-
-
health
-
-
-
2 662
income
-
-
-
5 424
pensions
-
-
-
7 500
surtax
-
-
-
121
unemployment
-
-
-
217
total
-
-
-
15 924
Employee
31 455
-
30 978
-
surtax
103
-
94
-
income
5 273
-
5 193
-
other
-
-
-
-
pensions
2 097
-
2 067
-
health
803
-
791
-
unemployment
2 190
-
2 155
-
total
10 466
-
10 300
-
Employer
31 455
-
30 978
-
other
-
-
-
-
unemployment
996
-
982
-
health
1 431
-
1 410
-
pensions
4 193
-
4 130
-
total
6 620
-
6 522
-
Corporate
-
37 500
-
-
income
-
9 749
-
-
total
-
9 749
-
-
Dividends
-
27 751
-
-
withholding
-
4 162
-
-
total
-
4 162
-
-
Income
37 500
37 500
37 500
37 500
Total tax
17 086
13 911
16 822
15 924
After tax
20 414
23 589
20 678
21 576
Living cost
20 990
20 990
20 990
20 990
Free-cash
-576
2 599
-312
586

Estimated living cost  is ₽20990 per week

₽12834
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1937
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17901
-₽15124
-₽14657
-₽30121
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 500
income
-
-
-
7 141
pensions
-
-
-
1 796
total
-
-
-
8 937
Employee
59 987
-
33 952
-
income
10 804
-
6 329
-
health
871
-
335
-
pensions
5 092
-
1 969
-
total
16 767
-
8 633
-
Employer
59 987
-
33 952
-
health
1 140
-
646
-
pensions
6 494
-
2 902
-
total
7 634
-
3 548
-
Corporate
-
37 500
-
-
income

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

-
7 125
-
-
total
-
7 125
-
-
Dividends
-
30 375
-
-
withholding
-
2 279
-
-
total
-
2 279
-
-
Income
37 500
37 500
37 500
37 500
Total tax
24 401
9 404
12 181
8 937
After tax
13 099
28 096
25 319
28 563
Living cost
43 220
43 220
43 220
43 220
Free-cash
-30 121
-15 124
-17 901
-14 657

Estimated living cost  is ₽43220 per week

₽32380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽47263
-₽59417
-₽44458
-₽60638
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 500
other

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

-
-
-
749
health
-
-
-
250
pensions
-
-
-
3 449
city
-
-
-
393
national
-
-
-
35
regional
-
-
-
517
total
-
-
-
5 393
Employee
89 601
-
33 079
-
national
424
-
6
-
city
962
-
348
-
pensions
7 528
-
3 321
-
health
203
-
75
-
regional
2 934
-
391
-
unemployment
-
-
-
-
total
12 051
-
4 141
-
Employer
89 601
-
33 079
-
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.

1 791
-
661
-
unemployment
-
-
-
-
health
203
-
75
-
pensions
7 528
-
3 321
-
total
9 522
-
4 057
-
Corporate
-
37 500
-
-
regional
-
7 931
-
-
national
-
3 188
-
-
total
-
11 119
-
-
Dividends
-
26 382
-
-
withholding
-
9 233
-
-
total
-
9 233
-
-
Income
37 500
37 500
37 500
37 500
Total tax
21 573
20 352
8 198
5 393
After tax
15 927
17 148
29 302
32 107
Living cost
76 565
76 565
76 565
76 565
Free-cash
-60 638
-59 417
-47 263
-44 458

Estimated living cost  is ₽76565 per week

₽49789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6871
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽940
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18965
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽13943
-₽24834
-₽13943
-₽19665
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
37 500
health

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

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

-
-
-
6 498
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.

-
-
-
1 298
surtax

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

-
-
-
72
trade
-
-
-
-
total
-
-
-
7 868
Employee

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

57 165
-
37 500
-
surtax

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

370
-
72
-
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.

6 722
-
1 298
-
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.

6 498
-
6 498
-
total
13 590
-
7 868
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
37 500
-
-
chamber of commerce
-
197
-
-
surtax

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

-
309
-
-
trade
-
6 431
-
-
income
-
5 625
-
-
total
-
12 562
-
-
Dividends
-
24 939
-
-
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.

-
323
-
-
withholding
-
5 874
-
-
total
-
6 197
-
-
Income
37 500
37 500
37 500
37 500
Total tax
13 590
18 759
7 868
7 868
After tax
23 910
18 741
29 632
29 632
Living cost
43 575
43 575
43 575
43 575
Free-cash
-19 665
-24 834
-13 943
-13 943

Estimated living cost  is ₽43575 per week

₽31825
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3486
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7699
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8949
-₽13645
-₽9687
-₽15924
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 500
other
-
-
-
1 162
social contributions
-
-
-
1 069
health
-
-
-
327
income
-
-
-
823
pensions
-
-
-
11 262
surtax
-
-
-
-
total
-
-
-
14 643
Employee
40 710
-
28 578
-
surtax
-
-
-
-
social contributions
1 161
-
814
-
income
2 403
-
937
-
pensions
4 603
-
3 231
-
total
8 167
-
4 982
-
Employer
40 710
-
28 578
-
other
1 404
-
986
-
unemployment
1 648
-
1 157
-
health
2 850
-
2 000
-
pensions
6 688
-
4 695
-
social contributions
123
-
85
-
total
12 713
-
8 923
-
Corporate
-
37 500
-
-
surtax
-
-
-
-
income
-
10 500
-
-
total
-
10 500
-
-
Dividends
-
27 000
-
-
social contributions
-
4 644
-
-
surtax
-
-
-
-
withholding
-
3 457
-
-
total
-
8 101
-
-
Income
37 500
37 500
37 500
37 500
Total tax
20 880
18 601
13 905
14 643
After tax
16 620
18 899
23 595
22 857
Living cost
32 544
32 544
32 544
32 544
Free-cash
-15 924
-13 645
-8 949
-9 687

Estimated living cost  is ₽32544 per week

₽20520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2646
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8825
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5724
-₽10420
-₽6462
-₽10187
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 500
other
-
-
-
1 162
social contributions
-
-
-
1 069
health
-
-
-
327
income
-
-
-
823
pensions
-
-
-
11 262
surtax
-
-
-
-
total
-
-
-
14 643
Employee
36 339
-
28 578
-
surtax
-
-
-
-
social contributions
1 036
-
814
-
income
1 874
-
937
-
pensions
4 110
-
3 231
-
total
7 020
-
4 982
-
Employer
36 339
-
28 578
-
other
1 255
-
986
-
unemployment
1 471
-
1 157
-
health
2 543
-
2 000
-
pensions
5 971
-
4 695
-
social contributions
108
-
85
-
total
11 348
-
8 923
-
Corporate
-
37 500
-
-
surtax
-
-
-
-
income
-
10 500
-
-
total
-
10 500
-
-
Dividends
-
27 000
-
-
social contributions
-
4 644
-
-
surtax
-
-
-
-
withholding
-
3 457
-
-
total
-
8 101
-
-
Income
37 500
37 500
37 500
37 500
Total tax
18 368
18 601
13 905
14 643
After tax
19 132
18 899
23 595
22 857
Living cost
29 319
29 319
29 319
29 319
Free-cash
-10 187
-10 420
-5 724
-6 462

Estimated living cost  is ₽29319 per week

₽17004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2978
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.
₽8782
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2951
₽2708
₽3913
₽1742
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 500
social contributions
-
-
-
5 175
health
-
-
-
2 617
income
-
-
-
5 625
total
-
-
-
13 417
Employee
32 251
-
37 500
-
social contributions
4 451
-
5 175
-
income
5 379
-
6 587
-
health
2 251
-
2 617
-
total
12 081
-
14 379
-
Employer
32 251
-
37 500
-
total
-
-
-
-
Corporate
5 249
37 500
-
-
income

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

262
1 875
-
-
total
262
1 875
-
-
Dividends
4 987
35 625
-
-
social contributions
1 659
4 917
-
-
withholding
747
5 343
-
-
health
839
2 487
-
-
total
3 245
12 747
-
-
Income
37 500
37 500
37 500
37 500
Total tax
15 588
14 622
14 379
13 417
After tax
21 912
22 878
23 121
24 083
Living cost
20 170
20 170
20 170
20 170
Free-cash
1 742
2 708
2 951
3 913

Estimated living cost  is ₽20170 per week

₽13498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1244
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4962
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19689
-₽17678
-₽12495
-₽24806
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 500
health
-
-
-
2 868
income
-
-
-
502
chamber of commerce
-
-
-
150
pensions
-
-
-
6 937
surtax
-
-
-
188
unemployment
-
-
-
5 834
total
-
-
-
16 479
Employee
47 536
37 906
37 906
-
income
5 412
2 796
3 251
-
other
475
379
285
-
pensions
4 868
3 881
2 912
-
health
1 839
1 468
1 101
-
unemployment
1 426
1 137
854
-
total
14 020
9 661
8 403
-
Employer
47 536
37 906
37 906
-
other
2 258
1 800
1 720
-
unemployment
1 426
1 137
854
-
health
1 796
1 433
1 074
-
surtax
188
188
188
-
accident
617
493
370
-
pensions
5 966
4 758
3 569
-
payroll
1 426
1 137
1 137
-
chamber of commerce
190
152
152
-
total
13 867
11 098
9 064
-
Corporate
3 610
3 610
24 827
-
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.

903
903
6 206
-
total
903
903
6 206
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
37 500
37 500
37 500
37 500
Total tax
28 790
21 662
23 673
16 479
After tax
8 710
15 838
13 827
21 021
Living cost
33 516
33 516
33 516
33 516
Free-cash
-24 806
-17 678
-19 689
-12 495

Estimated living cost  is ₽33516 per week

₽22354
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17459
-₽13440
-₽12322
-₽50346
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 500
social contributions
-
-
-
2 738
communal

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

-
-
-
2 085
national
-
-
-
10 317
total
-
-
-
15 140
Employee

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

68 040
-
29 047
-
national
20 918
-
6 514
-
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.

5 103
-
2 179
-
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.

3 197
-
1 365
-
communal

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

3 549
-
1 514
-
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.

592
-
253
-
total
33 359
-
11 825
-
Employer

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

68 040
-
29 047
-
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.

993
-
424
-
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.

4 184
-
1 785
-
surtax
7 715
-
3 292
-
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.

884
-
377
-
pensions

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

6 029
-
2 574
-
total
19 805
-
8 452
-
Corporate
-
37 500
-
-
surtax
-
150
-
-
income
-
7 500
-
-
total
-
7 650
-
-
Dividends
-
29 850
-
-
withholding

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

-
8 608
-
-
total
-
8 608
-
-
Income
37 500
37 500
37 500
37 500
Total tax
53 164
16 258
20 277
15 140
After tax
-15 664
21 242
17 223
22 360
Living cost
34 682
34 682
34 682
34 682
Free-cash
-50 346
-13 440
-17 459
-12 322

Estimated living cost  is ₽34682 per week

₽22340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13957
-₽8954
-₽13278
-₽24942
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 500
other
-
-
-
38
accident
-
-
-
338
income
-
-
-
5 176
pensions
-
-
-
10 612
unemployment
-
-
-
262
total
-
-
-
16 426
Employee
47 348
-
27 374
-
income
9 990
-
4 961
-
other
47
-
32
-
pensions
2 226
-
1 493
-
unemployment
735
-
493
-
total
12 998
-
6 979
-
Employer
47 348
-
27 374
-
other
377
-
255
-
unemployment
2 605
-
1 747
-
accident
937
-
628
-
pensions
11 173
-
7 496
-
total
15 092
-
10 126
-
Corporate
-
37 500
-
-
income

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

-
5 625
-
-
total
-
5 625
-
-
Dividends
-
31 875
-
-
withholding
-
6 477
-
-
total
-
6 477
-
-
Income
37 500
37 500
37 500
37 500
Total tax
28 090
12 102
17 105
16 426
After tax
9 410
25 398
20 395
21 074
Living cost
34 352
34 352
34 352
34 352
Free-cash
-24 942
-8 954
-13 957
-13 278

Estimated living cost  is ₽34352 per week

₽25296
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2437
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6123
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27606
-₽28098
-₽27605
-₽43140
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 500
health
-
-
-
3 394
accident
-
-
-
408
income
-
-
-
517
pensions
-
-
-
7 242
communal
-
-
-
-
surtax
-
-
-
1 852
total
-
-
-
13 413
Employee
72 033
-
32 090
-
surtax
4 415
-
1 852
-
income
6 958
-
517
-
pensions
5 762
-
3 621
-
health
3 206
-
2 014
-
total
20 341
-
8 004
-
Employer
72 033
-
32 090
-
health
2 197
-
1 381
-
accident
648
-
408
-
pensions
5 762
-
3 621
-
total
8 607
-
5 410
-
Corporate
-
37 500
-
-
surtax
-
394
-
-
income
-
5 625
-
-
communal
-
2 531
-
-
total
-
8 550
-
-
Dividends
-
28 951
-
-
income
-
1 013
-
-
withholding
-
4 343
-
-
total
-
5 356
-
-
Income
37 500
37 500
37 500
37 500
Total tax
28 948
13 906
13 414
13 413
After tax
8 552
23 594
24 086
24 087
Living cost
51 692
51 692
51 692
51 692
Free-cash
-43 140
-28 098
-27 606
-27 605

Estimated living cost  is ₽51692 per week

₽38777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3132
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.
₽9235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽687
₽2224
₽211
-₽1277
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 500
other
-
-
-
-
health
-
-
-
2 662
income
-
-
-
5 424
pensions
-
-
-
7 500
surtax
-
-
-
121
unemployment
-
-
-
217
total
-
-
-
15 924
Employee
32 033
-
30 978
-
surtax
114
-
94
-
income
5 370
-
5 193
-
other
-
-
-
-
pensions
2 137
-
2 067
-
health
818
-
791
-
unemployment
2 229
-
2 155
-
total
10 668
-
10 300
-
Employer
32 033
-
30 978
-
other
-
-
-
-
unemployment
1 016
-
982
-
health
1 457
-
1 410
-
pensions
4 271
-
4 130
-
total
6 744
-
6 522
-
Corporate
-
37 500
-
-
income
-
9 749
-
-
total
-
9 749
-
-
Dividends
-
27 751
-
-
withholding
-
4 162
-
-
total
-
4 162
-
-
Income
37 500
37 500
37 500
37 500
Total tax
17 412
13 911
16 822
15 924
After tax
20 088
23 589
20 678
21 576
Living cost
21 365
21 365
21 365
21 365
Free-cash
-1 277
2 224
-687
211

Estimated living cost  is ₽21365 per week

₽12899
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7189
-₽5914
-₽4994
-₽15265
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 500
social contributions
-
-
-
9 644
national
-
-
-
6 439
regional
-
-
-
566
municipal
-
-
-
222
total
-
-
-
16 871
Employee
52 764
-
37 500
-
social contributions
17 793
-
12 645
-
municipal
280
-
199
-
national
8 359
-
5 717
-
regional
710
-
505
-
total
27 142
-
19 066
-
Employer
52 764
-
37 500
-
total
-
-
-
-
Corporate
-
37 500
-
-
nationa
-
9 000
-
-
municipal
-
1 865
-
-
total
-
10 865
-
-
Dividends
-
26 635
-
-
withholding
-
6 926
-
-
total
-
6 926
-
-
Income
37 500
37 500
37 500
37 500
Total tax
27 142
17 791
19 066
16 871
After tax
10 358
19 709
18 434
20 629
Living cost
25 623
25 623
25 623
25 623
Free-cash
-15 265
-5 914
-7 189
-4 994

Estimated living cost  is ₽25623 per week

₽15935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2596
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6653
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9764
-₽2975
-₽10529
-₽19241
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 500
social contributions
-
-
-
10 950
health
-
-
-
5 062
income
-
-
-
3 223
solidarity contribution
-
-
-
-
total
-
-
-
19 235
Employee
42 345
-
27 985
-
social contributions
2 752
-
1 819
-
solidarity contribution
-
-
-
-
income
5 081
-
3 358
-
health
5 717
-
3 778
-
total
13 550
-
8 955
-
Employer
42 345
-
27 985
-
health
3 811
-
2 519
-
social contributions
10 586
-
6 996
-
total
14 397
-
9 515
-
Corporate
-
37 500
-
-
income
-
7 125
-
-
total
-
7 125
-
-
Dividends
-
30 375
-
-
withholding
-
4 556
-
-
total
-
4 556
-
-
Income
37 500
37 500
37 500
37 500
Total tax
27 947
11 681
18 470
19 235
After tax
9 553
25 819
19 030
18 265
Living cost
28 794
28 794
28 794
28 794
Free-cash
-19 241
-2 975
-9 764
-10 529

Estimated living cost  is ₽28794 per week

₽21413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5288
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16421
-₽14321
-₽9138
-₽16947
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 500
health
-
-
-
2 868
income
-
-
-
502
chamber of commerce
-
-
-
150
pensions
-
-
-
6 937
surtax
-
-
-
-
unemployment
-
-
-
5 834
total
-
-
-
16 291
Employee
41 579
37 906
37 906
-
income
3 704
2 796
3 242
-
other
415
379
285
-
pensions
4 258
3 881
2 928
-
health
1 608
1 468
1 107
-
unemployment
1 247
1 137
857
-
total
11 232
9 661
8 419
-
Employer
41 579
37 906
37 906
-
other
1 975
1 800
1 722
-
unemployment
1 247
1 137
857
-
health
1 572
1 433
1 081
-
surtax
-
-
-
-
accident
540
493
372
-
pensions
5 218
4 758
3 588
-
payroll
1 247
1 137
1 137
-
chamber of commerce
166
152
152
-
total
11 965
10 910
8 909
-
Corporate
3 610
3 610
24 980
-
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.

903
903
6 246
-
total
903
903
6 246
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
37 500
37 500
37 500
37 500
Total tax
24 100
21 474
23 574
16 291
After tax
13 400
16 026
13 926
21 209
Living cost
30 347
30 347
30 347
30 347
Free-cash
-16 947
-14 321
-16 421
-9 138

Estimated living cost  is ₽30347 per week

₽18204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17633
₽23258
₽24758
₽20939
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
37 500
microenterprise

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

-
-
-
375
total
-
-
-
375
Employee
15 459
-
37 500
-
income
3 092
-
7 500
-
total
3 092
-
7 500
-
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%.

22 041
37 500
-
-
total
-
-
-
-
Dividends
22 041
37 500
-
-
withholding
1 102
1 875
-
-
total
1 102
1 875
-
-
Income
37 500
37 500
37 500
37 500
Total tax
4 194
1 875
7 500
375
After tax
33 306
35 625
30 000
37 125
Living cost
12 367
12 367
12 367
12 367
Free-cash
20 939
23 258
17 633
24 758

Estimated living cost  is ₽12367 per week

₽8369
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽519
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽415
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5468
₽306
-₽4279
-₽11112
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
37 500
health
-
-
-
3 690
income
-
-
-
5 672
pensions
-
-
-
6 848
unemployment
-
-
-
56
total
-
-
-
16 266
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.

42 062
-
32 448
-
income
7 254
-
5 232
-
pensions
6 520
-
5 029
-
health
2 717
-
2 096
-
unemployment
60
-
45
-
total
16 551
-
12 402
-
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.

42 062
-
32 448
-
unemployment
25
-
20
-
health
2 801
-
2 161
-
pensions
3 722
-
2 872
-
total
6 548
-
5 053
-
Corporate
-
37 500
-
-
income
-
7 125
-
-
total
-
7 125
-
-
Dividends
-
30 375
-
-
withholding
-
4 556
-
-
total
-
4 556
-
-
Income
37 500
37 500
37 500
37 500
Total tax
23 099
11 681
17 455
16 266
After tax
14 401
25 819
20 045
21 234
Living cost
25 513
25 513
25 513
25 513
Free-cash
-11 112
306
-5 468
-4 279

Estimated living cost  is ₽25513 per week

₽17509
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19038
-₽20275
-₽17174
-₽111402
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 500
social contributions
-
-
-
4 275
income
-
-
-
7 309
total
-
-
-
11 584
Employee
61 785
-
2 131
-
social contributions
5 066
-
722
-
income
13 629
-
310
-
total
18 695
-
1 032
-
Employer
61 785
-
2 131
-
social contributions
87 117
-
12 416
-
total
87 117
-
12 416
-
Corporate
-
37 500
-
-
income
-
8 250
-
-
total
-
8 250
-
-
Dividends
-
29 250
-
-
income
-
6 435
-
-
total
-
6 435
-
-
Income
37 500
37 500
37 500
37 500
Total tax
105 812
14 685
13 448
11 584
After tax
-68 312
22 815
24 052
25 916
Living cost
43 090
43 090
43 090
43 090
Free-cash
-111 402
-20 275
-19 038
-17 174

Estimated living cost  is ₽43090 per week

₽27959
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4053
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10530
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8404
-₽8506
-₽7750
-₽16638
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
37 500
social contributions

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

-
-
-
13 031
income
-
-
-
2 383
surtax
-
-
-
-
total
-
-
-
15 414
Employee
43 748
-
30 303
-
surtax
-
-
-
-
social contributions
4 812
-
3 334
-
income
9 100
-
5 537
-
total
13 912
-
8 871
-
Employer
43 748
-
30 303
-
social contributions
10 390
-
7 197
-
total
10 390
-
7 197
-
Corporate
-
37 500
-
-
surtax
-
-
-
-
income
-
7 876
-
-
total
-
7 876
-
-
Dividends
-
29 624
-
-
withholding
-
8 294
-
-
total
-
8 294
-
-
Income
37 500
37 500
37 500
37 500
Total tax
24 302
16 170
16 068
15 414
After tax
13 198
21 330
21 432
22 086
Living cost
29 836
29 836
29 836
29 836
Free-cash
-16 638
-8 506
-8 404
-7 750

Estimated living cost  is ₽29836 per week

₽22323
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1760
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5255
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22346
-₽27042
-₽23084
-₽40681
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 500
other
-
-
-
1 162
social contributions
-
-
-
1 069
health
-
-
-
327
income
-
-
-
823
pensions
-
-
-
11 262
surtax
-
-
-
-
total
-
-
-
14 643
Employee
59 575
-
28 578
-
surtax
-
-
-
-
social contributions
1 697
-
814
-
income
5 198
-
937
-
pensions
6 738
-
3 231
-
total
13 633
-
4 982
-
Employer
59 575
-
28 578
-
other
2 056
-
986
-
unemployment
2 413
-
1 157
-
health
4 170
-
2 000
-
pensions
9 789
-
4 695
-
social contributions
179
-
85
-
total
18 607
-
8 923
-
Corporate
-
37 500
-
-
surtax
-
-
-
-
income
-
10 500
-
-
total
-
10 500
-
-
Dividends
-
27 000
-
-
social contributions
-
4 644
-
-
surtax
-
-
-
-
withholding
-
3 457
-
-
total
-
8 101
-
-
Income
37 500
37 500
37 500
37 500
Total tax
32 240
18 601
13 905
14 643
After tax
5 260
18 899
23 595
22 857
Living cost
45 941
45 941
45 941
45 941
Free-cash
-40 681
-27 042
-22 346
-23 084

Estimated living cost  is ₽45941 per week

₽31092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10460
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1762
₽5158
₽658
₽1962
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 500
income
-
-
-
-
social contributions
-
-
-
8 249
total
-
-
-
8 249
Employee
30 580
-
32 467
-
income
-
-
-
-
social contributions
1 987
-
2 112
-
total
1 987
-
2 112
-
Employer
30 580
-
32 467
-
social contributions
4 740
-
5 033
-
total
4 740
-
5 033
-
Corporate
2 180
37 500
-
-
income
218
3 749
-
-
total
218
3 749
-
-
Dividends
1 962
33 751
-
-
total
-
-
-
-
Income
37 500
37 500
37 500
37 500
Total tax
6 945
3 749
7 145
8 249
After tax
30 555
33 751
30 355
29 251
Living cost
28 593
28 593
28 593
28 593
Free-cash
1 962
5 158
1 762
658

Estimated living cost  is ₽28593 per week

₽18488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7412
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽168767
-₽168767
-₽20167
-₽168767
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 500
labour market
-
-
-
2 934
pensions
-
-
-
821
national
-
-
-
3 106
municipal
-
-
-
5 212
total
-
-
-
12 073
Employee
192 440
192 440
192 440
-
labour market
15 373
15 373
15 373
-
municipal
40 979
40 979
40 979
-
national
23 510
23 510
23 510
-
pensions
274
274
274
-
total
80 136
80 136
80 136
-
Employer
192 440
192 440
192 440
-
national
23 551
23 551
23 551
-
labour market
15 395
15 395
15 395
-
pensions
547
547
547
-
municipal
41 044
41 044
41 044
-
total
80 537
80 537
80 537
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
37 500
37 500
37 500
37 500
Total tax
160 673
160 673
160 673
12 073
After tax
-123 173
-123 173
-123 173
25 427
Living cost
45 594
45 594
45 594
45 594
Free-cash
-168 767
-168 767
-168 767
-20 167

Estimated living cost  is ₽45594 per week

₽31205
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽701
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽852
-₽17619
₽4729
-₽1616
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 500
other
-
-
-
353
health
-
-
-
2 078
accident
-
-
-
241
income
-
-
-
5 478
pensions
-
-
-
3 965
total
-
-
-
12 115
Employee
32 494
-
31 151
-
income
4 458
-
4 273
-
pensions
3 659
-
3 508
-
health
3 721
-
3 567
-
total
11 838
-
11 348
-
Employer
32 494
-
31 151
-
unemployment
796
-
763
-
accident
543
-
520
-
pensions
5 283
-
5 065
-
total
6 622
-
6 348
-
Corporate
-
37 500
-
-
income

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

-
33 750
-
-
total
-
33 750
-
-
Dividends
-
3 750
-
-
withholding
-
713
-
-
total
-
713
-
-
Income
37 500
37 500
37 500
37 500
Total tax
18 460
34 463
17 696
12 115
After tax
19 040
3 037
19 804
25 385
Living cost
20 656
20 656
20 656
20 656
Free-cash
-1 616
-17 619
-852
4 729

Estimated living cost  is ₽20656 per week

₽15036
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4055
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
-₽12857
-₽10570
-₽6249
-₽21987
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
37 500
health
-
-
-
181
national
-
-
-
332
municipal
-
-
-
6 717
total
-
-
-
7 230
Employee
50 044
-
31 547
-
municipal
8 197
-
5 193
-
national
827
-
-
-
pensions
3 377
-
2 130
-
health
374
-
88
-
unemployment
751
-
473
-
total
13 526
-
7 884
-
Employer
50 044
-
31 547
-
unemployment
325
-
206
-
health
384
-
244
-
accident
51
-
31
-
pensions
8 682
-
5 473
-
total
9 442
-
5 954
-
Corporate
-
37 500
-
-
income
-
7 500
-
-
total
-
7 500
-
-
Dividends

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

-
22 500
-
-
national
-
-
-
-
municipal
-
4 051
-
-
total
-
4 051
-
-
Income
37 500
37 500
37 500
37 500
Total tax
22 968
11 551
13 838
7 230
After tax
14 532
25 949
23 662
30 270
Living cost
36 519
36 519
36 519
36 519
Free-cash
-21 987
-10 570
-12 857
-6 249

Estimated living cost  is ₽36519 per week

₽23854
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3513
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8572
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽676
-₽6032
₽8670
₽582
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 500
social contributions
-
-
-
5 850
health
-
-
-
957
income
-
-
-
-
total
-
-
-
6 807
Employee
73 142
73 142
73 142
-
social contributions
2 765
6 070
2 825
-
income
7 964
6 771
7 942
-
health
567
1 244
579
-
total
11 296
14 085
11 346
-
Employer
73 142
73 142
73 142
-
health
616
1 354
630
-
social contributions
2 765
6 070
2 825
-
total
3 381
7 424
3 455
-
Corporate
800
-
-
-
income
99
-
-
-
total
99
-
-
-
Dividends
701
-
-
-
withholding
119
-
-
-
total
119
-
-
-
Income
37 500
37 500
37 500
37 500
Total tax
14 895
21 509
14 801
6 807
After tax
22 605
15 991
22 699
30 693
Living cost
22 023
22 023
22 023
22 023
Free-cash
582
-6 032
676
8 670

Estimated living cost  is ₽22023 per week

₽13199
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2161
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.
₽6177
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8231
₽15953
₽10136
₽11113
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 500
health
-
-
-
3 442
income
-
-
-
2 742
pensions
-
-
-
6 051
unemployment
-
-
-
27
total
-
-
-
12 262
Employee

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

21 833
-
33 998
-
income
1 493
-
2 506
-
pensions
3 274
-
5 099
-
health
1 856
-
2 890
-
unemployment
108
-
170
-
total
6 731
-
10 665
-
Employer

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

21 833
-
33 998
-
unemployment
108
-
170
-
health
939
-
1 462
-
pensions
1 200
-
1 870
-
total
2 247
-
3 502
-
Corporate
13 419
37 500
-
-
income
1 208
3 375
-
-
total
1 208
3 375
-
-
Dividends
12 212
34 125
-
-
withholding
1 099
3 070
-
-
total
1 099
3 070
-
-
Income
37 500
37 500
37 500
37 500
Total tax
11 285
6 445
14 167
12 262
After tax
26 215
31 055
23 333
25 238
Living cost
15 102
15 102
15 102
15 102
Free-cash
11 113
15 953
8 231
10 136

Estimated living cost  is ₽15102 per week

₽9635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1088
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.
₽3928
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5762
-₽759
-₽5083
-₽8884
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 500
other
-
-
-
38
accident
-
-
-
338
income
-
-
-
5 176
pensions
-
-
-
10 612
unemployment
-
-
-
262
total
-
-
-
16 426
Employee
35 171
-
27 374
-
income
6 781
-
4 961
-
other
34
-
32
-
pensions
1 653
-
1 493
-
unemployment
545
-
493
-
total
9 013
-
6 979
-
Employer
35 171
-
27 374
-
other
282
-
255
-
unemployment
1 935
-
1 747
-
accident
697
-
628
-
pensions
8 300
-
7 496
-
total
11 214
-
10 126
-
Corporate
-
37 500
-
-
income

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

-
5 625
-
-
total
-
5 625
-
-
Dividends
-
31 875
-
-
withholding
-
6 477
-
-
total
-
6 477
-
-
Income
37 500
37 500
37 500
37 500
Total tax
20 227
12 102
17 105
16 426
After tax
17 273
25 398
20 395
21 074
Living cost
26 157
26 157
26 157
26 157
Free-cash
-8 884
-759
-5 762
-5 083

Estimated living cost  is ₽26157 per week

₽17655
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2514
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5529
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21454
₽21638
₽21578
₽21348
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 500
health
-
-
-
932
income
-
-
-
11 943
pensions
-
-
-
1 285
total
-
-
-
14 160
Employee
2 683
-
36 054
-
income
519
-
11 875
-
pensions
242
-
578
-
health
134
-
321
-
unemployment
27
-
64
-
total
922
-
12 838
-
Employer
2 683
-
36 054
-
unemployment
54
-
129
-
health
255
-
610
-
pensions
295
-
707
-
total
604
-
1 446
-
Corporate
34 213
37 500
-
-
income
7 527
8 250
-
-
total
7 527
8 250
-
-
Dividends
26 686
29 250
-
-
withholding
5 337
5 850
-
-
total
5 337
5 850
-
-
Income
37 500
37 500
37 500
37 500
Total tax
14 390
14 100
14 284
14 160
After tax
23 110
23 400
23 216
23 340
Living cost
1 762
1 762
1 762
1 762
Free-cash
21 348
21 638
21 454
21 578

Estimated living cost  is ₽1762 per week

₽1047
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽143
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽40
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4234
₽10676
₽2620
₽6003
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
37 500
health
-
-
-
3 863
income
-
-
-
4 286
pensions
-
-
-
9 750
unemployment
-
-
-
563
total
-
-
-
18 462
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.

24 757
-
31 807
-
income
3 413
-
4 824
-
pensions
3 466
-
4 453
-
health
1 275
-
1 638
-
unemployment
186
-
239
-
total
8 340
-
11 154
-
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.

24 757
-
31 807
-
unemployment
186
-
239
-
health
1 275
-
1 638
-
pensions
2 971
-
3 817
-
total
4 432
-
5 694
-
Corporate
8 311
37 500
-
-
income
1 247
5 625
-
-
total
1 247
5 625
-
-
Dividends
7 064
31 875
-
-
withholding
1 060
4 781
-
-
total
1 060
4 781
-
-
Income
37 500
37 500
37 500
37 500
Total tax
15 079
10 406
16 848
18 462
After tax
22 421
27 094
20 652
19 038
Living cost
16 418
16 418
16 418
16 418
Free-cash
6 003
10 676
4 234
2 620

Estimated living cost  is ₽16418 per week

₽11054
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1270
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.
₽3619
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4212
-₽4314
-₽3558
-₽8186
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
37 500
social contributions

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

-
-
-
13 031
income
-
-
-
2 383
surtax
-
-
-
-
total
-
-
-
15 414
Employee
36 918
-
30 303
-
surtax
-
-
-
-
social contributions
4 061
-
3 334
-
income
7 214
-
5 537
-
total
11 275
-
8 871
-
Employer
36 918
-
30 303
-
social contributions
8 767
-
7 197
-
total
8 767
-
7 197
-
Corporate
-
37 500
-
-
surtax
-
-
-
-
income
-
7 876
-
-
total
-
7 876
-
-
Dividends
-
29 624
-
-
withholding
-
8 294
-
-
total
-
8 294
-
-
Income
37 500
37 500
37 500
37 500
Total tax
20 042
16 170
16 068
15 414
After tax
17 458
21 330
21 432
22 086
Living cost
25 644
25 644
25 644
25 644
Free-cash
-8 186
-4 314
-4 212
-3 558

Estimated living cost  is ₽25644 per week

₽18163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1782
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.
₽5246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13034
-₽8031
-₽12355
-₽23085
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 500
other
-
-
-
38
accident
-
-
-
338
income
-
-
-
5 176
pensions
-
-
-
10 612
unemployment
-
-
-
262
total
-
-
-
16 426
Employee
45 938
-
27 374
-
income
9 595
-
4 961
-
other
45
-
32
-
pensions
2 159
-
1 493
-
unemployment
711
-
493
-
total
12 510
-
6 979
-
Employer
45 938
-
27 374
-
other
368
-
255
-
unemployment
2 527
-
1 747
-
accident
910
-
628
-
pensions
10 841
-
7 496
-
total
14 646
-
10 126
-
Corporate
-
37 500
-
-
income

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

-
5 625
-
-
total
-
5 625
-
-
Dividends
-
31 875
-
-
withholding
-
6 477
-
-
total
-
6 477
-
-
Income
37 500
37 500
37 500
37 500
Total tax
27 156
12 102
17 105
16 426
After tax
10 344
25 398
20 395
21 074
Living cost
33 429
33 429
33 429
33 429
Free-cash
-23 085
-8 031
-13 034
-12 355

Estimated living cost  is ₽33429 per week

₽24007
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2599
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6352
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7459
₽15847
₽6867
₽10101
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 500
health
-
-
-
3 787
income
-
-
-
5 625
pensions

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

-
-
-
4 873
unemployment
-
-
-
132
total
-
-
-
14 417
Employee
21 472
-
31 349
-
income
2 148
-
3 135
-
accident

We are using the highest rate at 1.1%.

236
-
345
-
pensions

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

1 885
-
2 752
-
health
988
-
1 442
-
total
5 257
-
7 674
-
Employer
21 472
-
31 349
-
unemployment
129
-
188
-
health
1 482
-
2 163
-
accident

We are using the highest rate at 1.1%.

236
-
345
-
pensions

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

2 366
-
3 455
-
total
4 213
-
6 151
-
Corporate
11 815
37 500
-
-
income
1 182
3 750
-
-
total
1 182
3 750
-
-
Dividends
10 634
33 750
-
-
withholding
531
1 687
-
-
total
531
1 687
-
-
Income
37 500
37 500
37 500
37 500
Total tax
11 183
5 437
13 825
14 417
After tax
26 317
32 063
23 675
23 083
Living cost
16 216
16 216
16 216
16 216
Free-cash
10 101
15 847
7 459
6 867

Estimated living cost  is ₽16216 per week

₽10725
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽928
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7091
-₽17210
-₽7091
-₽9828
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
37 500
health

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

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

-
-
-
6 498
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.

-
-
-
1 298
surtax

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

-
-
-
72
trade
-
-
-
-
total
-
-
-
7 868
Employee

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

47 328
-
37 500
-
surtax

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

215
-
72
-
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.

3 892
-
1 298
-
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.

6 498
-
6 498
-
total
10 605
-
7 868
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
37 500
-
-
chamber of commerce
-
199
-
-
surtax

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

-
309
-
-
trade
-
5 381
-
-
income
-
5 625
-
-
total
-
11 514
-
-
Dividends
-
25 987
-
-
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.

-
338
-
-
withholding
-
6 135
-
-
total
-
6 473
-
-
Income
37 500
37 500
37 500
37 500
Total tax
10 605
17 987
7 868
7 868
After tax
26 895
19 513
29 632
29 632
Living cost
36 723
36 723
36 723
36 723
Free-cash
-9 828
-17 210
-7 091
-7 091

Estimated living cost  is ₽36723 per week

₽25332
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3951
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.
₽6906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23328
-₽27935
-₽23328
-₽36905
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 500
income
-
-
-
4 522
social contributions
-
-
-
2 122
total
-
-
-
6 644
Employee
74 405
-
37 500
-
income
14 040
-
4 522
-
social contributions
6 181
-
2 122
-
total
20 221
-
6 644
-
Employer
74 405
-
37 500
-
total
-
-
-
-
Corporate
-
37 500
-
-
income
-
4 688
-
-
total
-
4 688
-
-
Dividends
-
32 812
-
-
withholding
-
6 563
-
-
total
-
6 563
-
-
Income
37 500
37 500
37 500
37 500
Total tax
20 221
11 251
6 644
6 644
After tax
17 279
26 249
30 856
30 856
Living cost
54 184
54 184
54 184
54 184
Free-cash
-36 905
-27 935
-23 328
-23 328

Estimated living cost  is ₽54184 per week

₽41222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4415
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6446
-₽13811
-₽29986
-₽13347
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
37 500
income
-
-
-
27 076
health

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

-
-
-
5 881
total
-
-
-
32 957
Employee
43 635
-
34 085
-
income
4 735
-
2 587
-
social contributions
4 372
-
3 415
-
total
9 107
-
6 002
-
Employer
43 635
-
34 085
-
social contributions
4 372
-
3 415
-
total
4 372
-
3 415
-
Corporate
-
37 500
-
-
income
-
13 125
-
-
total
-
13 125
-
-
Dividends
-
24 375
-
-
social contributions
2 839
3 657
-
-
total
2 839
3 657
-
-
Income
37 500
37 500
37 500
37 500
Total tax
16 318
16 782
9 417
32 957
After tax
21 182
20 718
28 083
4 543
Living cost
34 529
34 529
34 529
34 529
Free-cash
-13 347
-13 811
-6 446
-29 986

Estimated living cost  is ₽34529 per week

₽22744
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2722
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8533
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9818
-₽7041
-₽6574
-₽16520
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 500
income
-
-
-
7 141
pensions
-
-
-
1 796
total
-
-
-
8 937
Employee
48 230
-
33 952
-
income
8 783
-
6 329
-
health
629
-
335
-
pensions
3 681
-
1 969
-
total
13 093
-
8 633
-
Employer
48 230
-
33 952
-
health
917
-
646
-
pensions
4 873
-
2 902
-
total
5 790
-
3 548
-
Corporate
-
37 500
-
-
income

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

-
7 125
-
-
total
-
7 125
-
-
Dividends
-
30 375
-
-
withholding
-
2 279
-
-
total
-
2 279
-
-
Income
37 500
37 500
37 500
37 500
Total tax
18 883
9 404
12 181
8 937
After tax
18 617
28 096
25 319
28 563
Living cost
35 137
35 137
35 137
35 137
Free-cash
-16 520
-7 041
-9 818
-6 574

Estimated living cost  is ₽35137 per week

₽24104
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽2898
-₽19665
₽2683
-₽5488
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 500
other
-
-
-
353
health
-
-
-
2 078
accident
-
-
-
241
income
-
-
-
5 478
pensions
-
-
-
3 965
total
-
-
-
12 115
Employee
35 710
-
31 151
-
income
4 899
-
4 273
-
pensions
4 021
-
3 508
-
health
4 089
-
3 567
-
total
13 009
-
11 348
-
Employer
35 710
-
31 151
-
unemployment
875
-
763
-
accident
596
-
520
-
pensions
5 806
-
5 065
-
total
7 277
-
6 348
-
Corporate
-
37 500
-
-
income

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

-
33 750
-
-
total
-
33 750
-
-
Dividends
-
3 750
-
-
withholding
-
713
-
-
total
-
713
-
-
Income
37 500
37 500
37 500
37 500
Total tax
20 286
34 463
17 696
12 115
After tax
17 214
3 037
19 804
25 385
Living cost
22 702
22 702
22 702
22 702
Free-cash
-5 488
-19 665
-2 898
2 683

Estimated living cost  is ₽22702 per week

₽16660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10140
₽19047
₽10140
₽14430
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
37 500
income
-
-
-
4 220
health insurance
-
-
-
2 775
work injury
-
-
-
187
pensions
-
-
-
6 900
unemployment
-
-
-
450
total
-
-
-
14 532
Employee

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

20 524
-
37 500
-
income
2 052
-
4 220
-
work injury
103
-
187
-
health insurance
1 519
-
2 775
-
pensions
3 776
-
6 900
-
unemployment
246
-
450
-
total
7 696
-
14 532
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
16 976
37 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
16 976
37 500
-
-
withholding
2 546
5 625
-
-
total
2 546
5 625
-
-
Income
37 500
37 500
37 500
37 500
Total tax
10 242
5 625
14 532
14 532
After tax
27 258
31 875
22 968
22 968
Living cost
12 828
12 828
12 828
12 828
Free-cash
14 430
19 047
10 140
10 140

Estimated living cost  is ₽12828 per week

₽7947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽932
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.
₽3548
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

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Rome , Italy
-₽19409
-₽18140
-₽17217
-₽42653
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 500
social contributions
-
-
-
9 644
national
-
-
-
6 439
regional
-
-
-
490
municipal
-
-
-
251
total
-
-
-
16 824
Employee
80 154
-
37 500
-
social contributions
27 027
-
12 645
-
municipal
478
-
224
-
national
13 545
-
5 717
-
regional
1 210
-
430
-
total
42 260
-
19 016
-
Employer
80 154
-
37 500
-
total
-
-
-
-
Corporate
-
37 500
-
-
nationa
-
9 000
-
-
municipal
-
1 807
-
-
total
-
10 807
-
-
Dividends
-
26 693
-
-
withholding
-
6 940
-
-
total
-
6 940
-
-
Income
37 500
37 500
37 500
37 500
Total tax
42 260
17 747
19 016
16 824
After tax
-4 760
19 753
18 484
20 676
Living cost
37 893
37 893
37 893
37 893
Free-cash
-42 653
-18 140
-19 409
-17 217

Estimated living cost  is ₽37893 per week

₽26618
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2607
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.
₽8096
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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