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
₽824
₽1043
-₽9450
₽1043
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 445
trade
-
-
-
-
income

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

-
-
-
1 364
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.

-
-
-
75
total
-
-
-
7 884
Employee

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

36 081
-
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.

6 445
-
6 445
-
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.

1 008
-
1 364
-
surtax

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

55
-
75
-
total
7 508
-
7 884
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 419
37 500
-
-
income
213
5 625
-
-
chamber of commerce
145
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.

13
310
-
-
trade
224
5 906
-
-
total
595
12 038
-
-
Dividends
825
25 463
-
-
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.

-
331
-
-
withholding
-
6 008
-
-
total
-
6 339
-
-
Income
37 500
37 500
37 500
37 500
Total tax
8 103
18 377
7 884
7 884
After tax
29 397
19 123
29 616
29 616
Living cost
28 573
28 573
28 573
28 573
Free-cash
824
-9 450
1 043
1 043

Estimated living cost  is ₽28573 per week

₽17973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3331
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽46867
-₽25025
-₽26496
-₽25320
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
3 146
pensions
-
-
-
4 500
national
-
-
-
4 875
total
-
-
-
12 924
Employee
77 348
-
32 418
-
pensions
3 094
-
1 297
-
municipal
9 554
-
3 291
-
national
14 804
-
5 100
-
total
27 452
-
9 688
-
Employer
77 348
-
32 418
-
pensions
6 188
-
2 593
-
social contributions
831
-
348
-
total
7 019
-
2 941
-
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
34 471
14 100
12 629
12 924
After tax
3 029
23 400
24 871
24 576
Living cost
49 896
49 896
49 896
49 896
Free-cash
-46 867
-26 496
-25 025
-25 320

Estimated living cost  is ₽49896 per week

₽33914
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4638
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽747
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2636
₽1891
₽10374
₽9280
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
2 970
income
-
-
-
-
surtax
-
-
-
-
microenterprise
-
-
-
5 625
total
-
-
-
8 595
Employee
27 565
-
30 219
-
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.

3 033
-
3 324
-
income
4 907
-
5 379
-
surtax
-
-
-
-
total
7 940
-
8 703
-
Employer
27 565
-
30 219
-
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.

6 640
-
7 281
-
total
6 640
-
7 281
-
Corporate
3 295
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%.

659
7 501
-
-
total
659
7 501
-
-
Dividends

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

2 637
29 999
-
-
total
-
-
-
-
Income
37 500
37 500
37 500
37 500
Total tax
15 239
7 501
15 984
8 595
After tax
22 261
29 999
21 516
28 905
Living cost
19 625
19 625
19 625
19 625
Free-cash
2 636
10 374
1 891
9 280

Estimated living cost  is ₽19625 per week

₽12520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1869
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4790
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽56176
-₽56176
-₽50880
-₽17914
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 755
income
-
-
-
3 390
pensions
-
-
-
6 751
total
-
-
-
15 896
Employee
80 557
80 557
80 557
-
pensions
14 500
11 052
14 500
-
health
12 365
10 517
12 365
-
income

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

13 186
13 186
13 186
-
total
40 051
34 755
40 051
-
Employer
80 557
80 557
80 557
-
pensions
5 607
5 607
5 607
-
health
5 600
5 600
5 600
-
unemployment
2 900
2 900
2 900
-
total
14 107
14 107
14 107
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
37 500
37 500
37 500
37 500
Total tax
54 158
48 862
54 158
15 896
After tax
-16 658
-11 362
-16 658
21 604
Living cost
39 518
39 518
39 518
39 518
Free-cash
-56 176
-50 880
-56 176
-17 914

Estimated living cost  is ₽39518 per week

₽28005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽628
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7322
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽35463
-₽18938
-₽18488
-₽20270
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
75
health
-
-
-
2 340
municipal
-
-
-
7 943
pensions
-
-
-
4 054
other
-
-
-
4 358
unemployment
-
-
-
37
national
-
-
-
-
total
-
-
-
18 807
Employee
55 519
-
28 534
-
municipal
16 556
-
8 509
-
national
-
-
-
-
total
16 556
-
8 509
-
Employer
55 519
-
28 534
-
pensions
6 002
-
3 085
-
other
6 451
-
3 316
-
health
3 414
-
1 755
-
unemployment
1 466
-
753
-
accident
111
-
57
-
total
17 444
-
8 966
-
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
34 000
17 025
17 475
18 807
After tax
3 500
20 475
20 025
18 693
Living cost
38 963
38 963
38 963
38 963
Free-cash
-35 463
-18 488
-18 938
-20 270

Estimated living cost  is ₽38963 per week

₽25823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10339
-₽7442
-₽18129
-₽7442
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 445
trade
-
-
-
-
income

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

-
-
-
1 364
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.

-
-
-
75
total
-
-
-
7 884
Employee

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

47 839
-
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.

6 445
-
6 445
-
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.

4 110
-
1 364
-
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.

226
-
75
-
total
10 781
-
7 884
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
37 500
-
-
income
-
5 625
-
-
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.

-
310
-
-
trade
-
6 169
-
-
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.

-
328
-
-
withholding
-
5 942
-
-
total
-
6 270
-
-
Income
37 500
37 500
37 500
37 500
Total tax
10 781
18 571
7 884
7 884
After tax
26 719
18 929
29 616
29 616
Living cost
37 058
37 058
37 058
37 058
Free-cash
-10 339
-18 129
-7 442
-7 442

Estimated living cost  is ₽37058 per week

₽24785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3908
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7812
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9271
-₽7825
-₽14428
₽97
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
956
income
-
-
-
-
total
-
-
-
6 806
Employee
72 538
72 538
72 538
-
health
721
1 233
578
-
social contributions
3 525
6 020
2 825
-
income
7 617
6 715
7 870
-
total
11 863
13 968
11 273
-
Employer
72 538
72 538
72 538
-
health
786
1 343
630
-
social contributions
3 525
6 020
2 825
-
total
4 311
7 363
3 455
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
37 500
37 500
37 500
37 500
Total tax
16 174
21 331
14 728
6 806
After tax
21 326
16 169
22 772
30 694
Living cost
30 597
30 597
30 597
30 597
Free-cash
-9 271
-14 428
-7 825
97

Estimated living cost  is ₽30597 per week

₽20916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2390
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4317
₽4353
₽3954
₽8592
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

25 096
9 988
31 381
-
unemployment
376
150
471
-
pensions
2 510
999
3 138
-
health
1 757
699
2 197
-
income
3 068
1 221
3 836
-
total
7 711
3 069
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.

25 096
9 988
31 381
-
pensions
4 894
1 948
6 119
-
total
4 894
1 948
6 119
-
Corporate
7 510
25 564
-
-
income
676
2 301
-
-
total
676
2 301
-
-
Dividends
6 834
23 264
-
-
social contributions
1 218
4 422
-
-
withholding
1 298
4 420
-
-
total
2 516
8 842
-
-
Income
37 500
37 500
37 500
37 500
Total tax
15 797
16 160
15 761
11 522
After tax
21 703
21 340
21 739
25 978
Living cost
17 386
17 386
17 386
17 386
Free-cash
4 317
3 954
4 353
8 592

Estimated living cost  is ₽17386 per week

₽11864
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1422
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1355
₽840
₽7214
-₽538
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 877
pensions
-
-
-
7 501
total
-
-
-
15 253
Employee
26 761
-
28 028
-
unemployment
428
-
449
-
pensions
535
-
560
-
income
3 013
-
3 394
-
total
3 976
-
4 403
-
Employer
26 761
-
28 028
-
pensions
5 353
-
5 605
-
health
3 478
-
3 643
-
unemployment
215
-
224
-
total
9 046
-
9 472
-
Corporate
1 693
37 500
-
-
income
338
7 501
-
-
total
338
7 501
-
-
Dividends
1 355
29 999
-
-
total
-
-
-
-
Income
37 500
37 500
37 500
37 500
Total tax
13 360
7 501
13 875
15 253
After tax
24 140
29 999
23 625
22 247
Living cost
22 785
22 785
22 785
22 785
Free-cash
1 355
7 214
840
-538

Estimated living cost  is ₽22785 per week

₽15628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1357
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.
₽5342
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2399
-₽1267
-₽18032
₽4287
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
242
health
-
-
-
2 089
income
-
-
-
5 472
pensions
-
-
-
3 985
other
-
-
-
355
total
-
-
-
12 143
Employee
33 145
-
31 151
-
pensions
3 732
-
3 508
-
health
3 795
-
3 567
-
income
4 547
-
4 274
-
total
12 074
-
11 349
-
Employer
33 145
-
31 151
-
pensions
5 390
-
5 065
-
unemployment
812
-
763
-
accident
553
-
520
-
total
6 755
-
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
-
712
-
-
total
-
712
-
-
Income
37 500
37 500
37 500
37 500
Total tax
18 829
34 462
17 697
12 143
After tax
18 671
3 038
19 803
25 357
Living cost
21 070
21 070
21 070
21 070
Free-cash
-2 399
-18 032
-1 267
4 287

Estimated living cost  is ₽21070 per week

₽15443
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1167
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.
₽4021
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26486
₽22304
₽27929
₽29429
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 619
-
37 500
-
income
1 924
-
7 500
-
total
1 924
-
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%.

27 881
37 500
-
-
total
-
-
-
-
Dividends
27 881
37 500
-
-
withholding
1 394
1 875
-
-
total
1 394
1 875
-
-
Income
37 500
37 500
37 500
37 500
Total tax
3 318
1 875
7 500
375
After tax
34 182
35 625
30 000
37 125
Living cost
7 696
7 696
7 696
7 696
Free-cash
26 486
27 929
22 304
29 429

Estimated living cost  is ₽7696 per week

₽4769
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽212
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2075
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5384
-₽3153
₽2416
-₽4833
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 500
health
-
-
-
1 651
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.

-
-
-
9 001
other
-
-
-
1 781
total
-
-
-
17 197
Employee
34 252
-
29 953
-
unemployment
342
-
299
-
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.

2 397
-
2 096
-
health
480
-
419
-
income
5 897
-
5 156
-
total
9 116
-
7 970
-
Employer
34 252
-
29 953
-
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.

5 823
-
5 091
-
other
1 713
-
1 498
-
health
480
-
419
-
unemployment
342
-
299
-
accident
274
-
240
-
total
8 632
-
7 547
-
Corporate
-
37 500
-
-
income
-
7 875
-
-
total
-
7 875
-
-
Dividends
-
29 625
-
-
withholding
-
2 073
-
-
total
-
2 073
-
-
Income
37 500
37 500
37 500
37 500
Total tax
17 748
9 948
15 517
17 197
After tax
19 752
27 552
21 983
20 303
Living cost
25 136
25 136
25 136
25 136
Free-cash
-5 384
2 416
-3 153
-4 833

Estimated living cost  is ₽25136 per week

₽17760
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1697
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5274
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽61748
-₽36447
-₽33592
-₽33158
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 133
pensions
-
-
-
1 834
total
-
-
-
8 967
Employee
87 284
-
33 914
-
pensions
8 421
-
2 015
-
health
1 438
-
345
-
income
15 734
-
6 310
-
total
25 593
-
8 670
-
Employer
87 284
-
33 914
-
pensions
10 306
-
2 942
-
health
1 658
-
644
-
total
11 964
-
3 586
-
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.

-
7 124
-
-
total
-
7 124
-
-
Dividends
-
30 376
-
-
withholding
-
2 277
-
-
total
-
2 277
-
-
Income
37 500
37 500
37 500
37 500
Total tax
37 557
9 401
12 256
8 967
After tax
-57
28 099
25 244
28 533
Living cost
61 691
61 691
61 691
61 691
Free-cash
-61 748
-33 592
-36 447
-33 158

Estimated living cost  is ₽61691 per week

₽46226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7248
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽15307
₽11303
₽19691
₽10702
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 791
income
-
-
-
5 625
pensions

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

-
-
-
4 878
unemployment
-
-
-
132
total
-
-
-
14 426
Employee
16 383
-
31 349
-
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.

1 438
-
2 752
-
health
754
-
1 442
-
income
1 638
-
3 135
-
total
4 010
-
7 674
-
Employer
16 383
-
31 349
-
pensions

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

1 806
-
3 455
-
health
1 131
-
2 163
-
unemployment
98
-
188
-
accident

We are using the highest rate at 1.1%.

180
-
345
-
total
3 215
-
6 151
-
Corporate
17 903
37 500
-
-
income
1 790
3 750
-
-
total
1 790
3 750
-
-
Dividends
16 113
33 750
-
-
withholding
806
1 687
-
-
total
806
1 687
-
-
Income
37 500
37 500
37 500
37 500
Total tax
9 821
5 437
13 825
14 426
After tax
27 679
32 063
23 675
23 074
Living cost
12 372
12 372
12 372
12 372
Free-cash
15 307
19 691
11 303
10 702

Estimated living cost  is ₽12372 per week

₽7223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽328
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3938
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽65273
-₽68968
-₽63672
-₽30706
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 755
income
-
-
-
3 390
pensions
-
-
-
6 751
total
-
-
-
15 896
Employee
87 459
80 557
80 557
-
pensions
11 052
11 052
14 500
-
health
10 911
10 517
12 365
-
income

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

13 186
13 186
13 186
-
total
35 149
34 755
40 051
-
Employer
87 459
80 557
80 557
-
pensions
6 087
5 607
5 607
-
health
6 078
5 600
5 600
-
unemployment
3 149
2 900
2 900
-
total
15 314
14 107
14 107
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
37 500
37 500
37 500
37 500
Total tax
50 463
48 862
54 158
15 896
After tax
-12 963
-11 362
-16 658
21 604
Living cost
52 310
52 310
52 310
52 310
Free-cash
-65 273
-63 672
-68 968
-30 706

Estimated living cost  is ₽52310 per week

₽38587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽600
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8451
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8658
-₽4393
₽2396
-₽5159
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 063
income
-
-
-
3 223
solidarity contribution
-
-
-
-
total
-
-
-
19 236
Employee
34 446
-
27 985
-
solidarity contribution
-
-
-
-
health
4 650
-
3 778
-
social contributions
2 239
-
1 819
-
income
4 134
-
3 358
-
total
11 023
-
8 955
-
Employer
34 446
-
27 985
-
health
3 100
-
2 519
-
social contributions
8 612
-
6 996
-
total
11 712
-
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
22 735
11 681
18 470
19 236
After tax
14 765
25 819
19 030
18 264
Living cost
23 423
23 423
23 423
23 423
Free-cash
-8 658
2 396
-4 393
-5 159

Estimated living cost  is ₽23423 per week

₽16270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
-₽46338
-₽21173
-₽19798
-₽18965
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 645
municipal
-
-
-
222
regional
-
-
-
346
national
-
-
-
6 446
total
-
-
-
16 659
Employee
83 838
-
37 500
-
regional
791
-
306
-
municipal
444
-
199
-
national
14 527
-
5 716
-
social contributions
28 270
-
12 646
-
total
44 032
-
18 867
-
Employer
83 838
-
37 500
-
total
-
-
-
-
Corporate
-
37 500
-
-
municipal
-
1 463
-
-
nationa
-
8 999
-
-
total
-
10 462
-
-
Dividends
-
27 038
-
-
withholding
-
7 030
-
-
total
-
7 030
-
-
Income
37 500
37 500
37 500
37 500
Total tax
44 032
17 492
18 867
16 659
After tax
-6 532
20 008
18 633
20 841
Living cost
39 806
39 806
39 806
39 806
Free-cash
-46 338
-19 798
-21 173
-18 965

Estimated living cost  is ₽39806 per week

₽27748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2610
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽610
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8836
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽262
-₽139
₽2773
₽758
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 662
income
-
-
-
5 424
surtax
-
-
-
124
pensions
-
-
-
7 501
other
-
-
-
-
unemployment
-
-
-
215
total
-
-
-
15 926
Employee
31 196
-
30 978
-
unemployment
2 171
-
2 155
-
pensions
2 080
-
2 066
-
health
797
-
789
-
income
5 229
-
5 193
-
other
-
-
-
-
surtax
102
-
98
-
total
10 379
-
10 301
-
Employer
31 196
-
30 978
-
pensions
4 159
-
4 130
-
other
-
-
-
-
health
1 420
-
1 409
-
unemployment
988
-
983
-
total
6 567
-
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
16 946
13 911
16 823
15 926
After tax
20 554
23 589
20 677
21 574
Living cost
20 816
20 816
20 816
20 816
Free-cash
-262
2 773
-139
758

Estimated living cost  is ₽20816 per week

₽12728
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5687
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28438
-₽16902
-₽14047
-₽13613
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 133
pensions
-
-
-
1 834
total
-
-
-
8 967
Employee
58 495
-
33 914
-
pensions
4 965
-
2 015
-
health
849
-
345
-
income
10 535
-
6 310
-
total
16 349
-
8 670
-
Employer
58 495
-
33 914
-
pensions
6 332
-
2 942
-
health
1 111
-
644
-
total
7 443
-
3 586
-
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.

-
7 124
-
-
total
-
7 124
-
-
Dividends
-
30 376
-
-
withholding
-
2 277
-
-
total
-
2 277
-
-
Income
37 500
37 500
37 500
37 500
Total tax
23 792
9 401
12 256
8 967
After tax
13 708
28 099
25 244
28 533
Living cost
42 146
42 146
42 146
42 146
Free-cash
-28 438
-14 047
-16 902
-13 613

Estimated living cost  is ₽42146 per week

₽31575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6970
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽58725
-₽45721
-₽57923
-₽42982
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
245
pensions
-
-
-
3 449
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.

-
-
-
750
regional
-
-
-
534
city
-
-
-
393
national
-
-
-
39
total
-
-
-
5 410
Employee
87 853
-
33 112
-
unemployment
-
-
-
-
pensions
7 381
-
3 287
-
regional
2 877
-
403
-
national
416
-
12
-
health
199
-
75
-
city
943
-
349
-
total
11 816
-
4 126
-
Employer
87 853
-
33 112
-
pensions
7 381
-
3 287
-
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.

1 757
-
661
-
health
199
-
75
-
unemployment
-
-
-
-
total
9 337
-
4 023
-
Corporate
-
37 500
-
-
regional
-
7 930
-
-
national
-
3 187
-
-
total
-
11 117
-
-
Dividends
-
26 382
-
-
withholding
-
9 234
-
-
total
-
9 234
-
-
Income
37 500
37 500
37 500
37 500
Total tax
21 153
20 351
8 149
5 410
After tax
16 347
17 149
29 351
32 090
Living cost
75 072
75 072
75 072
75 072
Free-cash
-58 725
-57 923
-45 721
-42 982

Estimated living cost  is ₽75072 per week

₽48818
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽922
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18595
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽19194
-₽13599
-₽24476
-₽13599
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 445
trade
-
-
-
-
income

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

-
-
-
1 364
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.

-
-
-
75
total
-
-
-
7 884
Employee

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

56 693
-
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.

6 445
-
6 445
-
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.

6 667
-
1 364
-
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.

367
-
75
-
total
13 479
-
7 884
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
37 500
-
-
income
-
5 625
-
-
chamber of commerce
-
195
-
-
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.

-
310
-
-
trade
-
6 432
-
-
total
-
12 562
-
-
Dividends
-
24 938
-
-
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.

-
324
-
-
withholding
-
5 875
-
-
total
-
6 199
-
-
Income
37 500
37 500
37 500
37 500
Total tax
13 479
18 761
7 884
7 884
After tax
24 021
18 739
29 616
29 616
Living cost
43 215
43 215
43 215
43 215
Free-cash
-19 194
-24 476
-13 599
-13 599

Estimated living cost  is ₽43215 per week

₽31562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3457
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7635
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15483
-₽8697
-₽13375
-₽9427
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 069
health
-
-
-
326
income
-
-
-
847
surtax
-
-
-
-
pensions
-
-
-
11 248
other
-
-
-
1 162
total
-
-
-
14 652
Employee
40 373
-
28 576
-
pensions
4 565
-
3 231
-
social contributions
1 151
-
813
-
income
2 383
-
956
-
surtax
-
-
-
-
total
8 099
-
5 000
-
Employer
40 373
-
28 576
-
pensions
6 633
-
4 694
-
other
1 393
-
986
-
health
2 827
-
2 000
-
unemployment
1 634
-
1 156
-
social contributions
122
-
86
-
total
12 609
-
8 922
-
Corporate
-
37 500
-
-
income
-
10 499
-
-
surtax
-
-
-
-
total
-
10 499
-
-
Dividends
-
27 001
-
-
surtax
-
-
-
-
social contributions
-
4 644
-
-
withholding
-
3 457
-
-
total
-
8 101
-
-
Income
37 500
37 500
37 500
37 500
Total tax
20 708
18 600
13 922
14 652
After tax
16 792
18 900
23 578
22 848
Living cost
32 275
32 275
32 275
32 275
Free-cash
-15 483
-13 375
-8 697
-9 427

Estimated living cost  is ₽32275 per week

₽20351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2624
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9793
-₽5499
-₽10177
-₽6229
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 069
health
-
-
-
326
income
-
-
-
847
surtax
-
-
-
-
pensions
-
-
-
11 248
other
-
-
-
1 162
total
-
-
-
14 652
Employee
36 039
-
28 576
-
pensions
4 076
-
3 231
-
social contributions
1 028
-
813
-
income
1 858
-
956
-
surtax
-
-
-
-
total
6 962
-
5 000
-
Employer
36 039
-
28 576
-
pensions
5 922
-
4 694
-
other
1 244
-
986
-
health
2 522
-
2 000
-
unemployment
1 459
-
1 156
-
social contributions
107
-
86
-
total
11 254
-
8 922
-
Corporate
-
37 500
-
-
income
-
10 499
-
-
surtax
-
-
-
-
total
-
10 499
-
-
Dividends
-
27 001
-
-
surtax
-
-
-
-
social contributions
-
4 644
-
-
withholding
-
3 457
-
-
total
-
8 101
-
-
Income
37 500
37 500
37 500
37 500
Total tax
18 216
18 600
13 922
14 652
After tax
19 284
18 900
23 578
22 848
Living cost
29 077
29 077
29 077
29 077
Free-cash
-9 793
-10 177
-5 499
-6 229

Estimated living cost  is ₽29077 per week

₽16863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2954
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.
₽8709
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1976
₽3101
₽2876
₽4080
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
31 985
-
37 500
-
health
2 232
-
2 617
-
social contributions
4 415
-
5 175
-
income
5 335
-
6 604
-
total
11 982
-
14 396
-
Employer
31 985
-
37 500
-
total
-
-
-
-
Corporate
5 515
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%.

276
1 874
-
-
total
276
1 874
-
-
Dividends
5 240
35 626
-
-
health
832
2 487
-
-
social contributions
1 645
4 916
-
-
withholding
786
5 344
-
-
total
3 263
12 747
-
-
Income
37 500
37 500
37 500
37 500
Total tax
15 521
14 621
14 396
13 417
After tax
21 979
22 879
23 104
24 083
Living cost
20 003
20 003
20 003
20 003
Free-cash
1 976
2 876
3 101
4 080

Estimated living cost  is ₽20003 per week

₽13387
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1233
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.
₽4921
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24289
-₽19365
-₽17222
-₽12222
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 870
surtax
-
-
-
186
income
-
-
-
553
chamber of commerce
-
-
-
150
pensions
-
-
-
6 937
unemployment
-
-
-
5 786
total
-
-
-
16 482
Employee
47 144
37 593
37 593
-
unemployment
1 414
1 128
854
-
pensions
4 828
3 849
2 914
-
health
1 824
1 455
1 101
-
income
5 367
2 773
3 208
-
other
471
376
285
-
total
13 904
9 581
8 362
-
Employer
47 144
37 593
37 593
-
chamber of commerce
188
150
150
-
pensions
5 916
4 719
3 571
-
other
2 239
1 785
1 708
-
health
1 781
1 421
1 076
-
unemployment
1 414
1 128
854
-
accident
612
489
371
-
surtax
186
186
186
-
payroll
1 414
1 128
1 128
-
total
13 750
11 006
9 044
-
Corporate
3 580
3 580
24 876
-
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.

895
895
6 219
-
total
895
895
6 219
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
37 500
37 500
37 500
37 500
Total tax
28 549
21 482
23 625
16 482
After tax
8 951
16 018
13 875
21 018
Living cost
33 240
33 240
33 240
33 240
Free-cash
-24 289
-17 222
-19 365
-12 222

Estimated living cost  is ₽33240 per week

₽22169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2836
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7689
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽49619
-₽17201
-₽13157
-₽12089
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 780
communal

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

-
-
-
2 084
national
-
-
-
10 330
total
-
-
-
15 194
Employee

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

67 478
-
29 043
-
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.

587
-
252
-
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.

5 061
-
2 179
-
national
20 745
-
6 540
-
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.

3 170
-
1 366
-
communal

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

3 519
-
1 514
-
total
33 082
-
11 851
-
Employer

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

67 478
-
29 043
-
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.

5 979
-
2 572
-
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.

4 150
-
1 787
-
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.

985
-
424
-
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.

877
-
378
-
surtax
7 651
-
3 294
-
total
19 642
-
8 455
-
Corporate
-
37 500
-
-
income
-
7 501
-
-
surtax
-
150
-
-
total
-
7 651
-
-
Dividends
-
29 849
-
-
withholding

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

-
8 611
-
-
total
-
8 611
-
-
Income
37 500
37 500
37 500
37 500
Total tax
52 724
16 262
20 306
15 194
After tax
-15 224
21 238
17 194
22 306
Living cost
34 395
34 395
34 395
34 395
Free-cash
-49 619
-13 157
-17 201
-12 089

Estimated living cost  is ₽34395 per week

₽22155
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3007
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24426
-₽13607
-₽8672
-₽13004
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
338
income
-
-
-
5 185
pensions
-
-
-
10 612
other
-
-
-
38
unemployment
-
-
-
263
total
-
-
-
16 436
Employee
46 957
-
27 457
-
unemployment
729
-
489
-
pensions
2 207
-
1 480
-
income
9 908
-
4 995
-
other
47
-
32
-
total
12 891
-
6 996
-
Employer
46 957
-
27 457
-
pensions
11 081
-
7 435
-
other
374
-
252
-
unemployment
2 583
-
1 733
-
accident
929
-
623
-
total
14 967
-
10 043
-
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
-
6 479
-
-
total
-
6 479
-
-
Income
37 500
37 500
37 500
37 500
Total tax
27 858
12 104
17 039
16 436
After tax
9 642
25 396
20 461
21 064
Living cost
34 068
34 068
34 068
34 068
Free-cash
-24 426
-8 672
-13 607
-13 004

Estimated living cost  is ₽34068 per week

₽25087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2417
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6072
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽42473
-₽27117
-₽27671
-₽27116
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
405
health
-
-
-
3 366
income
-
-
-
540
surtax
-
-
-
1 858
pensions
-
-
-
7 182
communal
-
-
-
-
total
-
-
-
13 351
Employee
71 438
-
32 135
-
pensions
5 714
-
3 591
-
health
3 179
-
1 998
-
income
6 900
-
540
-
surtax
4 379
-
1 858
-
total
20 172
-
7 987
-
Employer
71 438
-
32 135
-
pensions
5 714
-
3 591
-
health
2 179
-
1 369
-
accident
643
-
405
-
total
8 536
-
5 365
-
Corporate
-
37 500
-
-
income
-
5 625
-
-
communal
-
2 531
-
-
surtax
-
394
-
-
total
-
8 550
-
-
Dividends
-
28 950
-
-
income
-
1 013
-
-
withholding
-
4 343
-
-
total
-
5 356
-
-
Income
37 500
37 500
37 500
37 500
Total tax
28 708
13 906
13 352
13 351
After tax
8 792
23 594
24 148
24 149
Living cost
51 265
51 265
51 265
51 265
Free-cash
-42 473
-27 671
-27 117
-27 116

Estimated living cost  is ₽51265 per week

₽38456
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3106
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.
₽9158
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽958
-₽511
₽2401
₽386
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 662
income
-
-
-
5 424
surtax
-
-
-
124
pensions
-
-
-
7 501
other
-
-
-
-
unemployment
-
-
-
215
total
-
-
-
15 926
Employee
31 768
-
30 978
-
unemployment
2 211
-
2 155
-
pensions
2 120
-
2 066
-
health
811
-
789
-
income
5 326
-
5 193
-
other
-
-
-
-
surtax
113
-
98
-
total
10 581
-
10 301
-
Employer
31 768
-
30 978
-
pensions
4 236
-
4 130
-
other
-
-
-
-
health
1 445
-
1 409
-
unemployment
1 008
-
983
-
total
6 689
-
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
17 270
13 911
16 823
15 926
After tax
20 230
23 589
20 677
21 574
Living cost
21 188
21 188
21 188
21 188
Free-cash
-958
2 401
-511
386

Estimated living cost  is ₽21188 per week

₽12793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1842
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6063
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
-₽14829
-₽6978
-₽5701
-₽4790
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 645
municipal
-
-
-
222
regional
-
-
-
565
national
-
-
-
6 446
total
-
-
-
16 878
Employee
52 328
-
37 500
-
regional
704
-
505
-
municipal
277
-
199
-
national
8 290
-
5 716
-
social contributions
17 646
-
12 646
-
total
26 917
-
19 066
-
Employer
52 328
-
37 500
-
total
-
-
-
-
Corporate
-
37 500
-
-
municipal
-
1 864
-
-
nationa
-
8 999
-
-
total
-
10 863
-
-
Dividends
-
26 637
-
-
withholding
-
6 926
-
-
total
-
6 926
-
-
Income
37 500
37 500
37 500
37 500
Total tax
26 917
17 789
19 066
16 878
After tax
10 583
19 711
18 434
20 622
Living cost
25 412
25 412
25 412
25 412
Free-cash
-14 829
-5 701
-6 978
-4 790

Estimated living cost  is ₽25412 per week

₽15804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6599
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19379
-₽9834
-₽3045
-₽10600
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 063
income
-
-
-
3 223
solidarity contribution
-
-
-
-
total
-
-
-
19 236
Employee
42 446
-
27 985
-
solidarity contribution
-
-
-
-
health
5 730
-
3 778
-
social contributions
2 759
-
1 819
-
income
5 094
-
3 358
-
total
13 583
-
8 955
-
Employer
42 446
-
27 985
-
health
3 820
-
2 519
-
social contributions
10 612
-
6 996
-
total
14 432
-
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
28 015
11 681
18 470
19 236
After tax
9 485
25 819
19 030
18 264
Living cost
28 864
28 864
28 864
28 864
Free-cash
-19 379
-3 045
-9 834
-10 600

Estimated living cost  is ₽28864 per week

₽21465
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1599
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16497
-₽16120
-₽13892
-₽8892
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 870
surtax
-
-
-
-
income
-
-
-
553
chamber of commerce
-
-
-
150
pensions
-
-
-
6 937
unemployment
-
-
-
5 786
total
-
-
-
16 296
Employee
41 236
37 593
37 593
-
unemployment
1 237
1 128
857
-
pensions
4 223
3 849
2 930
-
health
1 595
1 455
1 106
-
income
3 673
2 773
3 199
-
other
412
376
286
-
total
11 140
9 581
8 378
-
Employer
41 236
37 593
37 593
-
chamber of commerce
165
150
150
-
pensions
5 175
4 719
3 591
-
other
1 958
1 785
1 710
-
health
1 559
1 421
1 081
-
unemployment
1 237
1 128
857
-
accident
535
489
372
-
surtax
-
-
-
-
payroll
1 237
1 128
1 128
-
total
11 866
10 820
8 889
-
Corporate
3 580
3 580
25 030
-
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.

895
895
6 257
-
total
895
895
6 257
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
37 500
37 500
37 500
37 500
Total tax
23 901
21 296
23 524
16 296
After tax
13 599
16 204
13 976
21 204
Living cost
30 096
30 096
30 096
30 096
Free-cash
-16 497
-13 892
-16 120
-8 892

Estimated living cost  is ₽30096 per week

₽18054
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8432
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21384
₽18008
₽23633
₽25133
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 990
-
37 500
-
income
2 998
-
7 500
-
total
2 998
-
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%.

22 510
37 500
-
-
total
-
-
-
-
Dividends
22 510
37 500
-
-
withholding
1 126
1 875
-
-
total
1 126
1 875
-
-
Income
37 500
37 500
37 500
37 500
Total tax
4 124
1 875
7 500
375
After tax
33 376
35 625
30 000
37 125
Living cost
11 992
11 992
11 992
11 992
Free-cash
21 384
23 633
18 008
25 133

Estimated living cost  is ₽11992 per week

₽8115
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10709
-₽5270
₽517
-₽4082
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 685
pensions
-
-
-
6 849
unemployment
-
-
-
55
total
-
-
-
16 279
Employee

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

41 715
-
32 448
-
unemployment
59
-
45
-
pensions
6 466
-
5 029
-
health
2 694
-
2 096
-
income
7 194
-
5 246
-
total
16 413
-
12 416
-
Employer

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

41 715
-
32 448
-
pensions
3 691
-
2 871
-
health
2 778
-
2 161
-
unemployment
25
-
20
-
total
6 494
-
5 052
-
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
22 907
11 681
17 468
16 279
After tax
14 593
25 819
20 032
21 221
Living cost
25 302
25 302
25 302
25 302
Free-cash
-10 709
517
-5 270
-4 082

Estimated living cost  is ₽25302 per week

₽17365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1622
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5827
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽104657
-₽16323
-₽18323
-₽15223
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 310
total
-
-
-
11 585
Employee
58 987
-
1 338
-
social contributions
4 837
-
689
-
income
13 011
-
143
-
total
17 848
-
832
-
Employer
58 987
-
1 338
-
social contributions
83 171
-
11 853
-
total
83 171
-
11 853
-
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
101 019
14 685
12 685
11 585
After tax
-63 519
22 815
24 815
25 915
Living cost
41 138
41 138
41 138
41 138
Free-cash
-104 657
-18 323
-16 323
-15 223

Estimated living cost  is ₽41138 per week

₽26692
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3869
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16191
-₽8173
-₽8261
-₽7513
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 392
surtax
-
-
-
-
total
-
-
-
15 423
Employee
43 386
-
30 304
-
social contributions
4 773
-
3 333
-
income
9 024
-
5 554
-
surtax
-
-
-
-
total
13 797
-
8 887
-
Employer
43 386
-
30 304
-
social contributions
10 304
-
7 196
-
total
10 304
-
7 196
-
Corporate
-
37 500
-
-
income
-
7 875
-
-
surtax
-
-
-
-
total
-
7 875
-
-
Dividends
-
29 625
-
-
withholding
-
8 296
-
-
total
-
8 296
-
-
Income
37 500
37 500
37 500
37 500
Total tax
24 101
16 171
16 083
15 423
After tax
13 399
21 329
21 417
22 077
Living cost
29 590
29 590
29 590
29 590
Free-cash
-16 191
-8 261
-8 173
-7 513

Estimated living cost  is ₽29590 per week

₽22139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5211
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽40035
-₽21984
-₽26662
-₽22714
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 069
health
-
-
-
326
income
-
-
-
847
surtax
-
-
-
-
pensions
-
-
-
11 248
other
-
-
-
1 162
total
-
-
-
14 652
Employee
59 083
-
28 576
-
pensions
6 683
-
3 231
-
social contributions
1 683
-
813
-
income
5 155
-
956
-
surtax
-
-
-
-
total
13 521
-
5 000
-
Employer
59 083
-
28 576
-
pensions
9 708
-
4 694
-
other
2 039
-
986
-
health
4 135
-
2 000
-
unemployment
2 393
-
1 156
-
social contributions
177
-
86
-
total
18 452
-
8 922
-
Corporate
-
37 500
-
-
income
-
10 499
-
-
surtax
-
-
-
-
total
-
10 499
-
-
Dividends
-
27 001
-
-
surtax
-
-
-
-
social contributions
-
4 644
-
-
withholding
-
3 457
-
-
total
-
8 101
-
-
Income
37 500
37 500
37 500
37 500
Total tax
31 973
18 600
13 922
14 652
After tax
5 527
18 900
23 578
22 848
Living cost
45 562
45 562
45 562
45 562
Free-cash
-40 035
-26 662
-21 984
-22 714

Estimated living cost  is ₽45562 per week

₽30836
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10374
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2225
₽1999
₽5394
₽893
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 251
income
-
-
-
-
total
-
-
-
8 251
Employee
30 327
-
32 466
-
social contributions
1 971
-
2 111
-
income
-
-
-
-
total
1 971
-
2 111
-
Employer
30 327
-
32 466
-
social contributions
4 701
-
5 034
-
total
4 701
-
5 034
-
Corporate
2 472
37 500
-
-
income
247
3 750
-
-
total
247
3 750
-
-
Dividends
2 225
33 750
-
-
total
-
-
-
-
Income
37 500
37 500
37 500
37 500
Total tax
6 919
3 750
7 145
8 251
After tax
30 581
33 750
30 355
29 249
Living cost
28 356
28 356
28 356
28 356
Free-cash
2 225
5 394
1 999
893

Estimated living cost  is ₽28356 per week

₽18335
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2137
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7350
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽167847
-₽167847
-₽167847
-₽19978
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
5 224
pensions
-
-
-
817
labour market
-
-
-
2 935
national
-
-
-
3 112
total
-
-
-
12 088
Employee
191 582
191 582
191 582
-
pensions
272
272
272
-
municipal
40 796
40 796
40 796
-
national
23 405
23 405
23 405
-
labour market
15 305
15 305
15 305
-
total
79 778
79 778
79 778
-
Employer
191 582
191 582
191 582
-
municipal
40 861
40 861
40 861
-
pensions
545
545
545
-
national
23 446
23 446
23 446
-
labour market
15 327
15 327
15 327
-
total
80 179
80 179
80 179
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
37 500
37 500
37 500
37 500
Total tax
159 957
159 957
159 957
12 088
After tax
-122 457
-122 457
-122 457
25 412
Living cost
45 390
45 390
45 390
45 390
Free-cash
-167 847
-167 847
-167 847
-19 978

Estimated living cost  is ₽45390 per week

₽31066
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4015
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽698
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1810
-₽956
-₽17721
₽4598
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
242
health
-
-
-
2 089
income
-
-
-
5 472
pensions
-
-
-
3 985
other
-
-
-
355
total
-
-
-
12 143
Employee
32 656
-
31 151
-
pensions
3 677
-
3 508
-
health
3 739
-
3 567
-
income
4 480
-
4 274
-
total
11 896
-
11 349
-
Employer
32 656
-
31 151
-
pensions
5 310
-
5 065
-
unemployment
800
-
763
-
accident
545
-
520
-
total
6 655
-
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
-
712
-
-
total
-
712
-
-
Income
37 500
37 500
37 500
37 500
Total tax
18 551
34 462
17 697
12 143
After tax
18 949
3 038
19 803
25 357
Living cost
20 759
20 759
20 759
20 759
Free-cash
-1 810
-17 721
-956
4 598

Estimated living cost  is ₽20759 per week

₽15111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1183
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽390
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4076
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21495
-₽12557
-₽10267
-₽5967
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
184
municipal
-
-
-
6 717
national
-
-
-
349
total
-
-
-
7 250
Employee
49 631
-
31 546
-
unemployment
745
-
473
-
pensions
3 349
-
2 129
-
municipal
8 129
-
5 193
-
national
820
-
-
-
health
371
-
91
-
total
13 414
-
7 886
-
Employer
49 631
-
31 546
-
pensions
8 611
-
5 473
-
health
381
-
243
-
unemployment
322
-
206
-
accident
50
-
32
-
total
9 364
-
5 954
-
Corporate
-
37 500
-
-
income
-
7 501
-
-
total
-
7 501
-
-
Dividends

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

-
22 499
-
-
national
-
-
-
-
municipal
-
4 049
-
-
total
-
4 049
-
-
Income
37 500
37 500
37 500
37 500
Total tax
22 778
11 550
13 840
7 250
After tax
14 722
25 950
23 660
30 250
Living cost
36 217
36 217
36 217
36 217
Free-cash
-21 495
-10 267
-12 557
-5 967

Estimated living cost  is ₽36217 per week

₽23657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3484
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8501
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽800
₽931
-₽5672
₽8853
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
956
income
-
-
-
-
total
-
-
-
6 806
Employee
72 538
72 538
72 538
-
health
562
1 233
578
-
social contributions
2 743
6 020
2 825
-
income
7 898
6 715
7 870
-
total
11 203
13 968
11 273
-
Employer
72 538
72 538
72 538
-
health
610
1 343
630
-
social contributions
2 743
6 020
2 825
-
total
3 353
7 363
3 455
-
Corporate
1 103
-
-
-
income
138
-
-
-
total
138
-
-
-
Dividends
965
-
-
-
withholding
165
-
-
-
total
165
-
-
-
Income
37 500
37 500
37 500
37 500
Total tax
14 859
21 331
14 728
6 806
After tax
22 641
16 169
22 772
30 694
Living cost
21 841
21 841
21 841
21 841
Free-cash
800
-5 672
931
8 853

Estimated living cost  is ₽21841 per week

₽13090
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2143
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11280
₽8354
₽16077
₽10328
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 414
income
-
-
-
2 753
pensions
-
-
-
6 001
unemployment
-
-
-
27
total
-
-
-
12 195
Employee

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

21 653
-
33 997
-
unemployment
107
-
170
-
pensions
3 247
-
5 100
-
health
1 840
-
2 889
-
income
1 480
-
2 508
-
total
6 674
-
10 667
-
Employer

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

21 653
-
33 997
-
pensions
1 190
-
1 869
-
health
931
-
1 463
-
unemployment
107
-
170
-
total
2 228
-
3 502
-
Corporate
13 618
37 500
-
-
income
1 226
3 374
-
-
total
1 226
3 374
-
-
Dividends
12 392
34 126
-
-
withholding
1 115
3 072
-
-
total
1 115
3 072
-
-
Income
37 500
37 500
37 500
37 500
Total tax
11 243
6 446
14 169
12 195
After tax
26 257
31 054
23 331
25 305
Living cost
14 977
14 977
14 977
14 977
Free-cash
11 280
16 077
8 354
10 328

Estimated living cost  is ₽14977 per week

₽9556
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1079
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8501
-₽5480
-₽545
-₽4877
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
338
income
-
-
-
5 185
pensions
-
-
-
10 612
other
-
-
-
38
unemployment
-
-
-
263
total
-
-
-
16 436
Employee
34 881
-
27 457
-
unemployment
541
-
489
-
pensions
1 640
-
1 480
-
income
6 725
-
4 995
-
other
34
-
32
-
total
8 940
-
6 996
-
Employer
34 881
-
27 457
-
pensions
8 231
-
7 435
-
other
279
-
252
-
unemployment
1 919
-
1 733
-
accident
691
-
623
-
total
11 120
-
10 043
-
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
-
6 479
-
-
total
-
6 479
-
-
Income
37 500
37 500
37 500
37 500
Total tax
20 060
12 104
17 039
16 436
After tax
17 440
25 396
20 461
21 064
Living cost
25 941
25 941
25 941
25 941
Free-cash
-8 501
-545
-5 480
-4 877

Estimated living cost  is ₽25941 per week

₽17510
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2494
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.
₽5483
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21261
₽21329
₽21563
₽21459
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
971
income
-
-
-
11 893
pensions
-
-
-
1 340
total
-
-
-
14 204
Employee
2 797
-
35 993
-
unemployment
28
-
67
-
pensions
252
-
603
-
health
140
-
335
-
income
541
-
11 822
-
total
961
-
12 827
-
Employer
2 797
-
35 993
-
pensions
308
-
737
-
health
266
-
636
-
unemployment
56
-
134
-
total
630
-
1 507
-
Corporate
34 073
37 500
-
-
income
7 496
8 250
-
-
total
7 496
8 250
-
-
Dividends
26 577
29 250
-
-
withholding
5 315
5 850
-
-
total
5 315
5 850
-
-
Income
37 500
37 500
37 500
37 500
Total tax
14 402
14 100
14 334
14 204
After tax
23 098
23 400
23 166
23 296
Living cost
1 837
1 837
1 837
1 837
Free-cash
21 261
21 563
21 329
21 459

Estimated living cost  is ₽1837 per week

₽1091
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6145
₽4333
₽10785
₽2721
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 862
income
-
-
-
4 296
pensions
-
-
-
9 750
unemployment
-
-
-
562
total
-
-
-
18 470
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.

24 593
-
31 807
-
unemployment
184
-
239
-
pensions
3 443
-
4 453
-
health
1 267
-
1 638
-
income
3 390
-
4 834
-
total
8 284
-
11 164
-
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.

24 593
-
31 807
-
pensions
2 951
-
3 817
-
health
1 267
-
1 638
-
unemployment
184
-
239
-
total
4 402
-
5 694
-
Corporate
8 505
37 500
-
-
income
1 276
5 625
-
-
total
1 276
5 625
-
-
Dividends
7 230
31 875
-
-
withholding
1 084
4 781
-
-
total
1 084
4 781
-
-
Income
37 500
37 500
37 500
37 500
Total tax
15 046
10 406
16 858
18 470
After tax
22 454
27 094
20 642
19 030
Living cost
16 309
16 309
16 309
16 309
Free-cash
6 145
10 785
4 333
2 721

Estimated living cost  is ₽16309 per week

₽10981
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1262
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3595
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7809
-₽4015
-₽4103
-₽3355
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 392
surtax
-
-
-
-
total
-
-
-
15 423
Employee
36 613
-
30 304
-
social contributions
4 028
-
3 333
-
income
7 154
-
5 554
-
surtax
-
-
-
-
total
11 182
-
8 887
-
Employer
36 613
-
30 304
-
social contributions
8 695
-
7 196
-
total
8 695
-
7 196
-
Corporate
-
37 500
-
-
income
-
7 875
-
-
surtax
-
-
-
-
total
-
7 875
-
-
Dividends
-
29 625
-
-
withholding
-
8 296
-
-
total
-
8 296
-
-
Income
37 500
37 500
37 500
37 500
Total tax
19 877
16 171
16 083
15 423
After tax
17 623
21 329
21 417
22 077
Living cost
25 432
25 432
25 432
25 432
Free-cash
-7 809
-4 103
-4 015
-3 355

Estimated living cost  is ₽25432 per week

₽18013
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1767
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5202
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22585
-₽12692
-₽7757
-₽12089
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
338
income
-
-
-
5 185
pensions
-
-
-
10 612
other
-
-
-
38
unemployment
-
-
-
263
total
-
-
-
16 436
Employee
45 559
-
27 457
-
unemployment
705
-
489
-
pensions
2 141
-
1 480
-
income
9 516
-
4 995
-
other
45
-
32
-
total
12 407
-
6 996
-
Employer
45 559
-
27 457
-
pensions
10 752
-
7 435
-
other
365
-
252
-
unemployment
2 506
-
1 733
-
accident
902
-
623
-
total
14 525
-
10 043
-
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
-
6 479
-
-
total
-
6 479
-
-
Income
37 500
37 500
37 500
37 500
Total tax
26 932
12 104
17 039
16 436
After tax
10 568
25 396
20 461
21 064
Living cost
33 153
33 153
33 153
33 153
Free-cash
-22 585
-7 757
-12 692
-12 089

Estimated living cost  is ₽33153 per week

₽23809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2578
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10080
₽7442
₽15830
₽6841
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 791
income
-
-
-
5 625
pensions

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

-
-
-
4 878
unemployment
-
-
-
132
total
-
-
-
14 426
Employee
21 495
-
31 349
-
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.

1 887
-
2 752
-
health
989
-
1 442
-
income
2 150
-
3 135
-
total
5 262
-
7 674
-
Employer
21 495
-
31 349
-
pensions

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

2 369
-
3 455
-
health
1 483
-
2 163
-
unemployment
129
-
188
-
accident

We are using the highest rate at 1.1%.

236
-
345
-
total
4 217
-
6 151
-
Corporate
11 788
37 500
-
-
income
1 178
3 750
-
-
total
1 178
3 750
-
-
Dividends
10 609
33 750
-
-
withholding
530
1 687
-
-
total
530
1 687
-
-
Income
37 500
37 500
37 500
37 500
Total tax
11 187
5 437
13 825
14 426
After tax
26 313
32 063
23 675
23 074
Living cost
16 233
16 233
16 233
16 233
Free-cash
10 080
15 830
7 442
6 841

Estimated living cost  is ₽16233 per week

₽10736
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽929
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.
₽4181
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9438
-₽6804
-₽16911
-₽6804
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 445
trade
-
-
-
-
income

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

-
-
-
1 364
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.

-
-
-
75
total
-
-
-
7 884
Employee

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

46 937
-
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.

6 445
-
6 445
-
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.

3 860
-
1 364
-
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.

213
-
75
-
total
10 518
-
7 884
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
37 500
-
-
income
-
5 625
-
-
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.

-
310
-
-
trade
-
5 381
-
-
total
-
11 515
-
-
Dividends
-
25 986
-
-
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
-
6 138
-
-
total
-
6 476
-
-
Income
37 500
37 500
37 500
37 500
Total tax
10 518
17 991
7 884
7 884
After tax
26 982
19 509
29 616
29 616
Living cost
36 420
36 420
36 420
36 420
Free-cash
-9 438
-16 911
-6 804
-6 804

Estimated living cost  is ₽36420 per week

₽25123
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3919
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6849
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽36291
-₽22923
-₽27487
-₽22923
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 139
income
-
-
-
4 547
total
-
-
-
6 686
Employee
73 790
-
37 500
-
social contributions
6 130
-
2 139
-
income
13 924
-
4 547
-
total
20 054
-
6 686
-
Employer
73 790
-
37 500
-
total
-
-
-
-
Corporate
-
37 500
-
-
income
-
4 687
-
-
total
-
4 687
-
-
Dividends
-
32 813
-
-
withholding
-
6 563
-
-
total
-
6 563
-
-
Income
37 500
37 500
37 500
37 500
Total tax
20 054
11 250
6 686
6 686
After tax
17 446
26 250
30 814
30 814
Living cost
53 737
53 737
53 737
53 737
Free-cash
-36 291
-27 487
-22 923
-22 923

Estimated living cost  is ₽53737 per week

₽40882
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7963
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12927
-₽6203
-₽13524
-₽29383
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 852
health

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

-
-
-
5 788
total
-
-
-
32 640
Employee
43 275
-
34 084
-
social contributions
4 336
-
3 416
-
income
4 696
-
2 628
-
total
9 032
-
6 044
-
Employer
43 275
-
34 084
-
social contributions
4 336
-
3 416
-
total
4 336
-
3 416
-
Corporate
-
37 500
-
-
income
-
13 125
-
-
total
-
13 125
-
-
Dividends
-
24 375
-
-
social contributions
2 816
3 656
-
-
total
2 816
3 656
-
-
Income
37 500
37 500
37 500
37 500
Total tax
16 184
16 781
9 460
32 640
After tax
21 316
20 719
28 040
4 860
Living cost
34 243
34 243
34 243
34 243
Free-cash
-12 927
-13 524
-6 203
-29 383

Estimated living cost  is ₽34243 per week

₽22556
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2700
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8462
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15178
-₽9019
-₽6164
-₽5730
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 133
pensions
-
-
-
1 834
total
-
-
-
8 967
Employee
47 031
-
33 914
-
pensions
3 590
-
2 015
-
health
614
-
345
-
income
8 565
-
6 310
-
total
12 769
-
8 670
-
Employer
47 031
-
33 914
-
pensions
4 752
-
2 942
-
health
894
-
644
-
total
5 646
-
3 586
-
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.

-
7 124
-
-
total
-
7 124
-
-
Dividends
-
30 376
-
-
withholding
-
2 277
-
-
total
-
2 277
-
-
Income
37 500
37 500
37 500
37 500
Total tax
18 415
9 401
12 256
8 967
After tax
19 085
28 099
25 244
28 533
Living cost
34 263
34 263
34 263
34 263
Free-cash
-15 178
-6 164
-9 019
-5 730

Estimated living cost  is ₽34263 per week

₽23504
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7177
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5702
-₽3012
-₽19777
₽2542
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
242
health
-
-
-
2 089
income
-
-
-
5 472
pensions
-
-
-
3 985
other
-
-
-
355
total
-
-
-
12 143
Employee
35 888
-
31 151
-
pensions
4 041
-
3 508
-
health
4 109
-
3 567
-
income
4 924
-
4 274
-
total
13 074
-
11 349
-
Employer
35 888
-
31 151
-
pensions
5 835
-
5 065
-
unemployment
879
-
763
-
accident
599
-
520
-
total
7 313
-
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
-
712
-
-
total
-
712
-
-
Income
37 500
37 500
37 500
37 500
Total tax
20 387
34 462
17 697
12 143
After tax
17 113
3 038
19 803
25 357
Living cost
22 815
22 815
22 815
22 815
Free-cash
-5 702
-19 777
-3 012
2 542

Estimated living cost  is ₽22815 per week

₽16743
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1329
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.
₽4282
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14557
₽10216
₽19141
₽10216
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 238
health insurance
-
-
-
2 775
pensions
-
-
-
6 900
unemployment
-
-
-
450
work injury
-
-
-
187
total
-
-
-
14 550
Employee

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

20 374
-
37 500
-
unemployment
244
-
450
-
pensions
3 749
-
6 900
-
work injury
102
-
187
-
income
2 037
-
4 238
-
health insurance
1 508
-
2 775
-
total
7 640
-
14 550
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
17 126
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
17 126
37 500
-
-
withholding
2 569
5 625
-
-
total
2 569
5 625
-
-
Income
37 500
37 500
37 500
37 500
Total tax
10 209
5 625
14 550
14 550
After tax
27 291
31 875
22 950
22 950
Living cost
12 734
12 734
12 734
12 734
Free-cash
14 557
19 141
10 216
10 216

Estimated living cost  is ₽12734 per week

₽7889
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3522
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽41991
-₽19096
-₽17827
-₽16913
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 645
municipal
-
-
-
251
regional
-
-
-
491
national
-
-
-
6 446
total
-
-
-
16 833
Employee
79 492
-
37 500
-
regional
1 200
-
430
-
municipal
474
-
224
-
national
13 433
-
5 716
-
social contributions
26 804
-
12 646
-
total
41 911
-
19 016
-
Employer
79 492
-
37 500
-
total
-
-
-
-
Corporate
-
37 500
-
-
municipal
-
1 808
-
-
nationa
-
8 999
-
-
total
-
10 807
-
-
Dividends
-
26 693
-
-
withholding
-
6 940
-
-
total
-
6 940
-
-
Income
37 500
37 500
37 500
37 500
Total tax
41 911
17 747
19 016
16 833
After tax
-4 411
19 753
18 484
20 667
Living cost
37 580
37 580
37 580
37 580
Free-cash
-41 991
-17 827
-19 096
-16 913

Estimated living cost  is ₽37580 per week

₽26398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽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

Source of data for Rome model

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