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
-₽9316
₽1169
₽1169
₽944
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
1 402
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.

-
-
-
77
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.

-
-
-
6 414
trade
-
-
-
-
total
-
-
-
7 893
Employee

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

35 910
-
37 500
-
surtax

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

55
-
77
-
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.

1 003
-
1 402
-
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.

6 414
-
6 414
-
total
7 472
-
7 893
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 590
37 500
-
-
income
239
5 625
-
-
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.

12
310
-
-
chamber of commerce
144
196
-
-
trade
251
5 906
-
-
total
646
12 037
-
-
Dividends
943
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
-
6 010
-
-
total
-
6 341
-
-
Income
37 500
37 500
37 500
37 500
Total tax
8 118
18 378
7 893
7 893
After tax
29 382
19 122
29 607
29 607
Living cost
28 438
28 438
28 438
28 438
Free-cash
944
-9 316
1 169
1 169

Estimated living cost  is ₽28438 per week

₽17888
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3316
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6703
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26551
-₽25076
-₽25371
-₽46960
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 144
national
-
-
-
4 873
pensions
-
-
-
4 500
total
-
-
-
12 920
Employee
77 434
-
32 418
-
municipal
9 564
-
3 290
-
pensions
3 097
-
1 297
-
national
14 821
-
5 097
-
total
27 482
-
9 684
-
Employer
77 434
-
32 418
-
pensions
6 195
-
2 593
-
social contributions
832
-
348
-
total
7 027
-
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
34 509
14 100
12 625
12 920
After tax
2 991
23 400
24 875
24 580
Living cost
49 951
49 951
49 951
49 951
Free-cash
-46 960
-26 551
-25 076
-25 371

Estimated living cost  is ₽49951 per week

₽33951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10609
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10468
₽1983
₽9386
₽2766
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
-
surtax
-
-
-
-
social contributions

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

-
-
-
2 956
microenterprise
-
-
-
5 625
total
-
-
-
8 581
Employee
27 434
-
30 220
-
surtax
-
-
-
-
social contributions

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

3 018
-
3 325
-
income
4 884
-
5 379
-
total
7 902
-
8 704
-
Employer
27 434
-
30 220
-
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.

6 608
-
7 280
-
surtax
-
-
-
-
total
6 608
-
7 280
-
Corporate
3 457
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%.

691
7 499
-
-
total
691
7 499
-
-
Dividends

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

2 766
30 001
-
-
total
-
-
-
-
Income
37 500
37 500
37 500
37 500
Total tax
15 201
7 499
15 984
8 581
After tax
22 299
30 001
21 516
28 919
Living cost
19 533
19 533
19 533
19 533
Free-cash
2 766
10 468
1 983
9 386

Estimated living cost  is ₽19533 per week

₽12461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1860
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4768
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽50461
-₽55732
-₽17729
-₽55732
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 392
health
-
-
-
5 757
pensions
-
-
-
6 749
total
-
-
-
15 898
Employee
80 176
80 176
80 176
-
pensions
14 432
11 000
14 432
-
income

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

13 124
13 124
13 124
-
health
12 306
10 467
12 306
-
total
39 862
34 591
39 862
-
Employer
80 176
80 176
80 176
-
health
5 573
5 573
5 573
-
pensions
5 580
5 580
5 580
-
unemployment
2 886
2 886
2 886
-
total
14 039
14 039
14 039
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
37 500
37 500
37 500
37 500
Total tax
53 901
48 630
53 901
15 898
After tax
-16 401
-11 130
-16 401
21 602
Living cost
39 331
39 331
39 331
39 331
Free-cash
-55 732
-50 461
-55 732
-17 729

Estimated living cost  is ₽39331 per week

₽27873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3546
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.
₽7287
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17288
-₽17738
-₽19070
-₽33217
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
4 358
unemployment
-
-
-
37
health
-
-
-
2 340
municipal
-
-
-
7 943
national
-
-
-
-
pensions
-
-
-
4 054
total
-
-
-
18 807
Employee
53 808
-
28 535
-
municipal
16 046
-
8 509
-
national
-
-
-
-
total
16 046
-
8 509
-
Employer
53 808
-
28 535
-
health
3 309
-
1 755
-
pensions
5 817
-
3 085
-
accident
108
-
57
-
unemployment
1 421
-
753
-
other
6 253
-
3 316
-
total
16 908
-
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
32 954
17 025
17 475
18 807
After tax
4 546
20 475
20 025
18 693
Living cost
37 763
37 763
37 763
37 763
Free-cash
-33 217
-17 288
-17 738
-19 070

Estimated living cost  is ₽37763 per week

₽25028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17952
-₽7276
-₽7276
-₽10112
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
1 402
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.

-
-
-
77
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.

-
-
-
6 414
trade
-
-
-
-
total
-
-
-
7 893
Employee

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

47 612
-
37 500
-
surtax

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

224
-
77
-
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.

4 091
-
1 402
-
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.

6 414
-
6 414
-
total
10 729
-
7 893
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
37 500
-
-
income
-
5 625
-
-
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
-
-
chamber of commerce
-
196
-
-
trade
-
6 168
-
-
total
-
12 299
-
-
Dividends
-
25 201
-
-
surtax

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

-
326
-
-
withholding
-
5 944
-
-
total
-
6 270
-
-
Income
37 500
37 500
37 500
37 500
Total tax
10 729
18 569
7 893
7 893
After tax
26 771
18 931
29 607
29 607
Living cost
36 883
36 883
36 883
36 883
Free-cash
-10 112
-17 952
-7 276
-7 276

Estimated living cost  is ₽36883 per week

₽24668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3889
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.
₽7775
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14184
-₽7640
₽241
-₽9050
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 500
income
-
-
-
-
social contributions
-
-
-
5 849
health
-
-
-
957
total
-
-
-
6 806
Employee
72 195
72 195
72 195
-
social contributions
3 508
5 992
2 826
-
income
7 581
6 683
7 827
-
health
718
1 228
579
-
total
11 807
13 903
11 232
-
Employer
72 195
72 195
72 195
-
health
782
1 336
629
-
social contributions
3 508
5 992
2 826
-
total
4 290
7 328
3 455
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
37 500
37 500
37 500
37 500
Total tax
16 097
21 231
14 687
6 806
After tax
21 403
16 269
22 813
30 694
Living cost
30 453
30 453
30 453
30 453
Free-cash
-9 050
-14 184
-7 640
241

Estimated living cost  is ₽30453 per week

₽20817
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4504
₽4915
₽9155
₽4855
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 500
income
-
-
-
4 584
unemployment
-
-
-
562
health
-
-
-
2 625
pensions
-
-
-
3 750
total
-
-
-
11 521
Employee

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

The minimum wage is 138,000 HUF per month.

24 286
9 665
31 381
-
unemployment
364
145
471
-
pensions
2 429
967
3 138
-
income
2 969
1 182
3 836
-
health
1 700
677
2 197
-
total
7 462
2 971
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.

24 286
9 665
31 381
-
pensions
4 736
1 885
6 119
-
total
4 736
1 885
6 119
-
Corporate
8 479
25 950
-
-
income
763
2 335
-
-
total
763
2 335
-
-
Dividends
7 716
23 614
-
-
social contributions
1 394
4 494
-
-
withholding
1 466
4 487
-
-
total
2 860
8 981
-
-
Income
37 500
37 500
37 500
37 500
Total tax
15 821
16 172
15 761
11 521
After tax
21 679
21 328
21 739
25 979
Living cost
16 824
16 824
16 824
16 824
Free-cash
4 855
4 504
4 915
9 155

Estimated living cost  is ₽16824 per week

₽11481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3630
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7324
₽924
-₽439
₽1490
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 886
health
-
-
-
4 875
pensions
-
-
-
7 501
total
-
-
-
15 262
Employee
26 635
-
28 027
-
unemployment
426
-
449
-
pensions
533
-
561
-
income
2 999
-
3 416
-
total
3 958
-
4 426
-
Employer
26 635
-
28 027
-
health
3 462
-
3 644
-
pensions
5 327
-
5 605
-
unemployment
214
-
224
-
total
9 003
-
9 473
-
Corporate
1 863
37 500
-
-
income
372
7 499
-
-
total
372
7 499
-
-
Dividends
1 490
30 001
-
-
total
-
-
-
-
Income
37 500
37 500
37 500
37 500
Total tax
13 333
7 499
13 899
15 262
After tax
24 167
30 001
23 601
22 238
Living cost
22 677
22 677
22 677
22 677
Free-cash
1 490
7 324
924
-439

Estimated living cost  is ₽22677 per week

₽15554
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1351
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17893
-₽1128
₽4462
-₽2137
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
5 480
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
12 107
Employee
32 926
-
31 151
-
pensions
3 708
-
3 508
-
income
4 517
-
4 274
-
health
3 770
-
3 567
-
total
11 995
-
11 349
-
Employer
32 926
-
31 151
-
pensions
5 354
-
5 065
-
accident
550
-
520
-
unemployment
807
-
763
-
total
6 711
-
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
18 706
34 462
17 697
12 107
After tax
18 794
3 038
19 803
25 393
Living cost
20 931
20 931
20 931
20 931
Free-cash
-2 137
-17 893
-1 128
4 462

Estimated living cost  is ₽20931 per week

₽15341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28074
₽22449
₽29574
₽26659
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 438
-
37 500
-
income
1 887
-
7 500
-
total
1 887
-
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%.

28 062
37 500
-
-
total
-
-
-
-
Dividends
28 062
37 500
-
-
withholding
1 403
1 875
-
-
total
1 403
1 875
-
-
Income
37 500
37 500
37 500
37 500
Total tax
3 290
1 875
7 500
375
After tax
34 210
35 625
30 000
37 125
Living cost
7 551
7 551
7 551
7 551
Free-cash
26 659
28 074
22 449
29 574

Estimated living cost  is ₽7551 per week

₽4680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2036
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2534
-₽3030
-₽4712
-₽5180
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 500
income
-
-
-
4 762
other
-
-
-
1 782
health
-
-
-
1 650
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
total
-
-
-
17 195
Employee
34 090
-
29 951
-
unemployment
340
-
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.

2 386
-
2 095
-
income
5 869
-
5 156
-
health
477
-
419
-
total
9 072
-
7 969
-
Employer
34 090
-
29 951
-
health
477
-
419
-
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.

5 796
-
5 090
-
accident
273
-
239
-
unemployment
340
-
299
-
other
1 705
-
1 497
-
total
8 591
-
7 544
-
Corporate
-
37 500
-
-
income
-
7 875
-
-
total
-
7 875
-
-
Dividends
-
29 625
-
-
withholding
-
2 074
-
-
total
-
2 074
-
-
Income
37 500
37 500
37 500
37 500
Total tax
17 663
9 949
15 513
17 195
After tax
19 837
27 551
21 987
20 305
Living cost
25 017
25 017
25 017
25 017
Free-cash
-5 180
2 534
-3 030
-4 712

Estimated living cost  is ₽25017 per week

₽17676
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5249
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽34900
-₽37691
-₽34439
-₽63848
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 140
pensions
-
-
-
1 803
total
-
-
-
8 943
Employee
89 130
-
33 946
-
pensions
8 599
-
1 977
-
income
16 067
-
6 327
-
health
1 469
-
338
-
total
26 135
-
8 642
-
Employer
89 130
-
33 946
-
health
1 693
-
645
-
pensions
10 524
-
2 908
-
total
12 217
-
3 553
-
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.

-
7 126
-
-
total
-
7 126
-
-
Dividends
-
30 374
-
-
withholding
-
2 278
-
-
total
-
2 278
-
-
Income
37 500
37 500
37 500
37 500
Total tax
38 352
9 404
12 195
8 943
After tax
-852
28 096
25 305
28 557
Living cost
62 996
62 996
62 996
62 996
Free-cash
-63 848
-34 900
-37 691
-34 439

Estimated living cost  is ₽62996 per week

₽47204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7402
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for London model

Close
Varna , Bulgaria
₽19753
₽11364
₽10808
₽15393
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 625
unemployment
-
-
-
131
health
-
-
-
3 772
pensions

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

-
-
-
4 854
total
-
-
-
14 382
Employee
16 300
-
31 349
-
accident

We are using the highest rate at 1.1%.

179
-
345
-
pensions

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

1 431
-
2 752
-
income
1 630
-
3 135
-
health
750
-
1 442
-
total
3 990
-
7 674
-
Employer
16 300
-
31 349
-
health
1 125
-
2 164
-
pensions

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

1 796
-
3 455
-
accident

We are using the highest rate at 1.1%.

179
-
345
-
unemployment
97
-
188
-
total
3 197
-
6 152
-
Corporate
18 001
37 500
-
-
income
1 800
3 750
-
-
total
1 800
3 750
-
-
Dividends
16 201
33 750
-
-
withholding
810
1 687
-
-
total
810
1 687
-
-
Income
37 500
37 500
37 500
37 500
Total tax
9 797
5 437
13 826
14 382
After tax
27 703
32 063
23 674
23 118
Living cost
12 310
12 310
12 310
12 310
Free-cash
15 393
19 753
11 364
10 808

Estimated living cost  is ₽12310 per week

₽7187
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3918
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽63192
-₽68463
-₽30460
-₽64786
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 392
health
-
-
-
5 757
pensions
-
-
-
6 749
total
-
-
-
15 898
Employee
87 046
80 176
80 176
-
pensions
11 000
11 000
14 432
-
income

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

13 124
13 124
13 124
-
health
10 859
10 467
12 306
-
total
34 983
34 591
39 862
-
Employer
87 046
80 176
80 176
-
health
6 049
5 573
5 573
-
pensions
6 058
5 580
5 580
-
unemployment
3 134
2 886
2 886
-
total
15 241
14 039
14 039
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
37 500
37 500
37 500
37 500
Total tax
50 224
48 630
53 901
15 898
After tax
-12 724
-11 130
-16 401
21 602
Living cost
52 062
52 062
52 062
52 062
Free-cash
-64 786
-63 192
-68 463
-30 460

Estimated living cost  is ₽52062 per week

₽38405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8411
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2829
-₽3960
-₽4725
-₽7804
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 223
social contributions
-
-
-
10 950
solidarity contribution
-
-
-
-
health
-
-
-
5 062
total
-
-
-
19 235
Employee
33 809
-
27 985
-
solidarity contribution
-
-
-
-
social contributions
2 198
-
1 819
-
income
4 057
-
3 358
-
health
4 564
-
3 778
-
total
10 819
-
8 955
-
Employer
33 809
-
27 985
-
health
3 043
-
2 519
-
social contributions
8 452
-
6 996
-
total
11 495
-
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
22 314
11 681
18 470
19 235
After tax
15 186
25 819
19 030
18 265
Living cost
22 990
22 990
22 990
22 990
Free-cash
-7 804
2 829
-3 960
-4 725

Estimated living cost  is ₽22990 per week

₽15969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19610
-₽20985
-₽18783
-₽45941
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 500
social contributions
-
-
-
9 644
regional
-
-
-
347
municipal
-
-
-
223
national
-
-
-
6 452
total
-
-
-
16 666
Employee
83 442
-
37 500
-
municipal
442
-
200
-
national
14 458
-
5 717
-
regional
787
-
306
-
social contributions
28 137
-
12 645
-
total
43 824
-
18 868
-
Employer
83 442
-
37 500
-
total
-
-
-
-
Corporate
-
37 500
-
-
municipal
-
1 463
-
-
nationa
-
8 999
-
-
total
-
10 462
-
-
Dividends
-
27 038
-
-
withholding
-
7 031
-
-
total
-
7 031
-
-
Income
37 500
37 500
37 500
37 500
Total tax
43 824
17 493
18 868
16 666
After tax
-6 324
20 007
18 632
20 834
Living cost
39 617
39 617
39 617
39 617
Free-cash
-45 941
-19 610
-20 985
-18 783

Estimated living cost  is ₽39617 per week

₽27616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2598
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽608
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2871
-₽49
₽853
-₽83
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 425
other
-
-
-
-
surtax
-
-
-
127
unemployment
-
-
-
214
health
-
-
-
2 664
pensions
-
-
-
7 499
total
-
-
-
15 929
Employee
31 048
-
30 979
-
other
-
-
-
-
unemployment
2 161
-
2 156
-
pensions
2 070
-
2 067
-
surtax
102
-
102
-
income
5 204
-
5 194
-
health
793
-
791
-
total
10 330
-
10 310
-
Employer
31 048
-
30 979
-
health
1 413
-
1 409
-
pensions
4 139
-
4 130
-
unemployment
983
-
982
-
other
-
-
-
-
total
6 535
-
6 521
-
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
16 865
13 911
16 831
15 929
After tax
20 635
23 589
20 669
21 571
Living cost
20 718
20 718
20 718
20 718
Free-cash
-83
2 871
-49
853

Estimated living cost  is ₽20718 per week

₽12668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1912
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5660
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14941
-₽17732
-₽14480
-₽29833
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 140
pensions
-
-
-
1 803
total
-
-
-
8 943
Employee
59 733
-
33 946
-
pensions
5 070
-
1 977
-
income
10 758
-
6 327
-
health
867
-
338
-
total
16 695
-
8 642
-
Employer
59 733
-
33 946
-
health
1 135
-
645
-
pensions
6 466
-
2 908
-
total
7 601
-
3 553
-
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.

-
7 126
-
-
total
-
7 126
-
-
Dividends
-
30 374
-
-
withholding
-
2 278
-
-
total
-
2 278
-
-
Income
37 500
37 500
37 500
37 500
Total tax
24 296
9 404
12 195
8 943
After tax
13 204
28 096
25 305
28 557
Living cost
43 037
43 037
43 037
43 037
Free-cash
-29 833
-14 941
-17 732
-14 480

Estimated living cost  is ₽43037 per week

₽32243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7117
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽57133
-₽44906
-₽42198
-₽57708
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 500
other

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

-
-
-
750
regional
-
-
-
542
health
-
-
-
242
city
-
-
-
393
national
-
-
-
42
pensions
-
-
-
3 449
total
-
-
-
5 418
Employee
86 926
-
33 127
-
unemployment
-
-
-
-
pensions
7 303
-
3 272
-
national
411
-
13
-
regional
2 846
-
410
-
city
933
-
349
-
health
197
-
74
-
total
11 690
-
4 118
-
Employer
86 926
-
33 127
-
health
197
-
74
-
pensions
7 303
-
3 272
-
unemployment
-
-
-
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

1 738
-
662
-
total
9 238
-
4 008
-
Corporate
-
37 500
-
-
regional
-
7 931
-
-
national
-
3 188
-
-
total
-
11 119
-
-
Dividends
-
26 381
-
-
withholding
-
9 234
-
-
total
-
9 234
-
-
Income
37 500
37 500
37 500
37 500
Total tax
20 928
20 353
8 126
5 418
After tax
16 572
17 147
29 374
32 082
Living cost
74 280
74 280
74 280
74 280
Free-cash
-57 708
-57 133
-44 906
-42 198

Estimated living cost  is ₽74280 per week

₽48303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽912
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18399
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽24274
-₽13404
-₽13404
-₽18925
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
1 402
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.

-
-
-
77
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.

-
-
-
6 414
trade
-
-
-
-
total
-
-
-
7 893
Employee

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

56 425
-
37 500
-
surtax

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

365
-
77
-
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.

6 635
-
1 402
-
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.

6 414
-
6 414
-
total
13 414
-
7 893
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
37 500
-
-
income
-
5 625
-
-
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
-
-
chamber of commerce
-
196
-
-
trade
-
6 432
-
-
total
-
12 563
-
-
Dividends
-
24 937
-
-
surtax

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

-
322
-
-
withholding
-
5 878
-
-
total
-
6 200
-
-
Income
37 500
37 500
37 500
37 500
Total tax
13 414
18 763
7 893
7 893
After tax
24 086
18 737
29 607
29 607
Living cost
43 010
43 010
43 010
43 010
Free-cash
-18 925
-24 274
-13 404
-13 404

Estimated living cost  is ₽43010 per week

₽31413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3440
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7599
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13223
-₽8562
-₽9279
-₽15230
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
859
other
-
-
-
1 162
surtax
-
-
-
-
social contributions
-
-
-
1 067
health
-
-
-
326
pensions
-
-
-
11 243
total
-
-
-
14 657
Employee
40 183
-
28 575
-
pensions
4 543
-
3 232
-
surtax
-
-
-
-
social contributions
1 146
-
814
-
income
2 371
-
969
-
total
8 060
-
5 015
-
Employer
40 183
-
28 575
-
health
2 813
-
2 001
-
pensions
6 601
-
4 695
-
unemployment
1 627
-
1 158
-
social contributions
121
-
86
-
other
1 386
-
985
-
total
12 548
-
8 925
-
Corporate
-
37 500
-
-
income
-
10 500
-
-
surtax
-
-
-
-
total
-
10 500
-
-
Dividends
-
27 000
-
-
surtax
-
-
-
-
social contributions
-
4 645
-
-
withholding
-
3 456
-
-
total
-
8 101
-
-
Income
37 500
37 500
37 500
37 500
Total tax
20 608
18 601
13 940
14 657
After tax
16 892
18 899
23 560
22 843
Living cost
32 122
32 122
32 122
32 122
Free-cash
-15 230
-13 223
-8 562
-9 279

Estimated living cost  is ₽32122 per week

₽20254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2612
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8711
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10041
-₽5380
-₽6097
-₽9570
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
859
other
-
-
-
1 162
surtax
-
-
-
-
social contributions
-
-
-
1 067
health
-
-
-
326
pensions
-
-
-
11 243
total
-
-
-
14 657
Employee
35 869
-
28 575
-
pensions
4 057
-
3 232
-
surtax
-
-
-
-
social contributions
1 023
-
814
-
income
1 849
-
969
-
total
6 929
-
5 015
-
Employer
35 869
-
28 575
-
health
2 510
-
2 001
-
pensions
5 894
-
4 695
-
unemployment
1 452
-
1 158
-
social contributions
107
-
86
-
other
1 238
-
985
-
total
11 201
-
8 925
-
Corporate
-
37 500
-
-
income
-
10 500
-
-
surtax
-
-
-
-
total
-
10 500
-
-
Dividends
-
27 000
-
-
surtax
-
-
-
-
social contributions
-
4 645
-
-
withholding
-
3 456
-
-
total
-
8 101
-
-
Income
37 500
37 500
37 500
37 500
Total tax
18 130
18 601
13 940
14 657
After tax
19 370
18 899
23 560
22 843
Living cost
28 940
28 940
28 940
28 940
Free-cash
-9 570
-10 041
-5 380
-6 097

Estimated living cost  is ₽28940 per week

₽16784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8668
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2971
₽3184
₽4173
₽2111
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 625
social contributions
-
-
-
5 176
health
-
-
-
2 617
total
-
-
-
13 418
Employee
31 834
-
37 500
-
social contributions
4 394
-
5 176
-
income
5 309
-
6 614
-
health
2 222
-
2 617
-
total
11 925
-
14 407
-
Employer
31 834
-
37 500
-
total
-
-
-
-
Corporate
5 666
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%.

283
1 874
-
-
total
283
1 874
-
-
Dividends
5 383
35 626
-
-
social contributions
1 637
4 916
-
-
withholding
807
5 343
-
-
health
828
2 487
-
-
total
3 272
12 746
-
-
Income
37 500
37 500
37 500
37 500
Total tax
15 480
14 620
14 407
13 418
After tax
22 020
22 880
23 093
24 082
Living cost
19 909
19 909
19 909
19 909
Free-cash
2 111
2 971
3 184
4 173

Estimated living cost  is ₽19909 per week

₽13324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1228
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.
₽4898
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16962
-₽19178
-₽12066
-₽24001
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
584
surtax
-
-
-
185
unemployment
-
-
-
5 758
chamber of commerce
-
-
-
150
health
-
-
-
2 869
pensions
-
-
-
6 938
total
-
-
-
16 484
Employee
46 921
37 416
37 416
-
other
469
374
285
-
unemployment
1 408
1 122
853
-
pensions
4 805
3 831
2 915
-
income
5 342
2 760
3 184
-
health
1 816
1 449
1 101
-
total
13 840
9 536
8 338
-
Employer
46 921
37 416
37 416
-
chamber of commerce
187
150
150
-
health
1 773
1 415
1 076
-
pensions
5 889
4 697
3 572
-
accident
609
486
371
-
unemployment
1 408
1 122
853
-
surtax
185
185
185
-
payroll
1 408
1 122
1 122
-
other
2 229
1 776
1 702
-
total
13 688
10 953
9 031
-
Corporate
3 563
3 563
24 905
-
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.

891
891
6 227
-
total
891
891
6 227
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
37 500
37 500
37 500
37 500
Total tax
28 419
21 380
23 596
16 484
After tax
9 081
16 120
13 904
21 016
Living cost
33 082
33 082
33 082
33 082
Free-cash
-24 001
-16 962
-19 178
-12 066

Estimated living cost  is ₽33082 per week

₽22065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2822
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details 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
-₽12995
-₽17056
-₽11955
-₽49208
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
2 081
social contributions
-
-
-
2 804
national
-
-
-
10 337
total
-
-
-
15 222
Employee

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

67 159
-
29 046
-
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.

584
-
253
-
communal

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

3 503
-
1 514
-
pensions

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

5 037
-
2 179
-
national
20 647
-
6 559
-
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.

3 155
-
1 365
-
total
32 926
-
11 870
-
Employer

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

67 159
-
29 046
-
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.

4 130
-
1 785
-
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.

5 951
-
2 573
-
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.

873
-
378
-
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.

980
-
424
-
surtax
7 615
-
3 293
-
total
19 549
-
8 453
-
Corporate
-
37 500
-
-
income
-
7 499
-
-
surtax
-
150
-
-
total
-
7 649
-
-
Dividends
-
29 851
-
-
withholding

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

-
8 613
-
-
total
-
8 613
-
-
Income
37 500
37 500
37 500
37 500
Total tax
52 475
16 262
20 323
15 222
After tax
-14 975
21 238
17 177
22 278
Living cost
34 233
34 233
34 233
34 233
Free-cash
-49 208
-12 995
-17 056
-11 955

Estimated living cost  is ₽34233 per week

₽22050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8512
-₽13408
-₽12846
-₽24133
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
337
income
-
-
-
5 191
other
-
-
-
37
unemployment
-
-
-
262
pensions
-
-
-
10 612
total
-
-
-
16 439
Employee
46 735
-
27 505
-
other
46
-
32
-
unemployment
725
-
486
-
pensions
2 197
-
1 473
-
income
9 861
-
5 015
-
total
12 829
-
7 006
-
Employer
46 735
-
27 505
-
pensions
11 029
-
7 399
-
accident
925
-
620
-
unemployment
2 571
-
1 725
-
other
372
-
251
-
total
14 897
-
9 995
-
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
-
6 480
-
-
total
-
6 480
-
-
Income
37 500
37 500
37 500
37 500
Total tax
27 726
12 105
17 001
16 439
After tax
9 774
25 395
20 499
21 061
Living cost
33 907
33 907
33 907
33 907
Free-cash
-24 133
-8 512
-13 408
-12 846

Estimated living cost  is ₽33907 per week

₽24969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6044
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27430
-₽26841
-₽26840
-₽42095
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
-
accident
-
-
-
403
income
-
-
-
554
surtax
-
-
-
1 862
health
-
-
-
3 350
pensions
-
-
-
7 148
total
-
-
-
13 317
Employee
71 101
-
32 160
-
pensions
5 687
-
3 574
-
surtax
4 358
-
1 862
-
income
6 868
-
554
-
health
3 164
-
1 988
-
total
20 077
-
7 978
-
Employer
71 101
-
32 160
-
health
2 168
-
1 363
-
pensions
5 687
-
3 574
-
accident
640
-
403
-
total
8 495
-
5 340
-
Corporate
-
37 500
-
-
communal
-
2 532
-
-
income
-
5 625
-
-
surtax
-
394
-
-
total
-
8 551
-
-
Dividends
-
28 950
-
-
income
-
1 014
-
-
withholding
-
4 342
-
-
total
-
5 356
-
-
Income
37 500
37 500
37 500
37 500
Total tax
28 572
13 907
13 318
13 317
After tax
8 928
23 593
24 182
24 183
Living cost
51 023
51 023
51 023
51 023
Free-cash
-42 095
-27 430
-26 841
-26 840

Estimated living cost  is ₽51023 per week

₽38274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3091
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2501
-₽419
₽483
-₽775
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 425
other
-
-
-
-
surtax
-
-
-
127
unemployment
-
-
-
214
health
-
-
-
2 664
pensions
-
-
-
7 499
total
-
-
-
15 929
Employee
31 618
-
30 979
-
other
-
-
-
-
unemployment
2 200
-
2 156
-
pensions
2 110
-
2 067
-
surtax
112
-
102
-
income
5 301
-
5 194
-
health
807
-
791
-
total
10 530
-
10 310
-
Employer
31 618
-
30 979
-
health
1 438
-
1 409
-
pensions
4 216
-
4 130
-
unemployment
1 003
-
982
-
other
-
-
-
-
total
6 657
-
6 521
-
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
17 187
13 911
16 831
15 929
After tax
20 313
23 589
20 669
21 571
Living cost
21 088
21 088
21 088
21 088
Free-cash
-775
2 501
-419
483

Estimated living cost  is ₽21088 per week

₽12732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5579
-₽6857
-₽4676
-₽14581
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 500
social contributions
-
-
-
9 644
regional
-
-
-
566
municipal
-
-
-
223
national
-
-
-
6 452
total
-
-
-
16 885
Employee
52 081
-
37 500
-
municipal
276
-
200
-
national
8 251
-
5 717
-
regional
701
-
504
-
social contributions
17 562
-
12 645
-
total
26 790
-
19 066
-
Employer
52 081
-
37 500
-
total
-
-
-
-
Corporate
-
37 500
-
-
municipal
-
1 864
-
-
nationa
-
8 999
-
-
total
-
10 863
-
-
Dividends
-
26 637
-
-
withholding
-
6 925
-
-
total
-
6 925
-
-
Income
37 500
37 500
37 500
37 500
Total tax
26 790
17 788
19 066
16 885
After tax
10 710
19 712
18 434
20 615
Living cost
25 291
25 291
25 291
25 291
Free-cash
-14 581
-5 579
-6 857
-4 676

Estimated living cost  is ₽25291 per week

₽15729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2511
-₽9300
-₽10065
-₽18327
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 223
social contributions
-
-
-
10 950
solidarity contribution
-
-
-
-
health
-
-
-
5 062
total
-
-
-
19 235
Employee
41 662
-
27 985
-
solidarity contribution
-
-
-
-
social contributions
2 708
-
1 819
-
income
4 999
-
3 358
-
health
5 624
-
3 778
-
total
13 331
-
8 955
-
Employer
41 662
-
27 985
-
health
3 750
-
2 519
-
social contributions
10 416
-
6 996
-
total
14 166
-
9 515
-
Corporate
-
37 500
-
-
income
-
7 125
-
-
total
-
7 125
-
-
Dividends
-
30 375
-
-
withholding
-
4 556
-
-
total
-
4 556
-
-
Income
37 500
37 500
37 500
37 500
Total tax
27 497
11 681
18 470
19 235
After tax
10 003
25 819
19 030
18 265
Living cost
28 330
28 330
28 330
28 330
Free-cash
-18 327
-2 511
-9 300
-10 065

Estimated living cost  is ₽28330 per week

₽21068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1569
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13649
-₽15957
-₽8753
-₽16243
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
584
surtax
-
-
-
-
unemployment
-
-
-
5 758
chamber of commerce
-
-
-
150
health
-
-
-
2 869
pensions
-
-
-
6 938
total
-
-
-
16 299
Employee
41 041
37 416
37 416
-
other
410
374
287
-
unemployment
1 231
1 122
859
-
pensions
4 203
3 831
2 931
-
income
3 656
2 760
3 175
-
health
1 587
1 449
1 108
-
total
11 087
9 536
8 360
-
Employer
41 041
37 416
37 416
-
chamber of commerce
164
150
150
-
health
1 552
1 415
1 081
-
pensions
5 151
4 697
3 592
-
accident
533
486
372
-
unemployment
1 231
1 122
859
-
surtax
-
-
-
-
payroll
1 231
1 122
1 122
-
other
1 949
1 776
1 703
-
total
11 811
10 768
8 879
-
Corporate
3 563
3 563
25 057
-
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.

891
891
6 264
-
total
891
891
6 264
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
37 500
37 500
37 500
37 500
Total tax
23 789
21 195
23 503
16 299
After tax
13 711
16 305
13 997
21 201
Living cost
29 954
29 954
29 954
29 954
Free-cash
-16 243
-13 649
-15 957
-8 753

Estimated living cost  is ₽29954 per week

₽17968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3059
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23858
₽18233
₽25358
₽21652
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 709
-
37 500
-
income
2 942
-
7 500
-
total
2 942
-
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%.

22 791
37 500
-
-
total
-
-
-
-
Dividends
22 791
37 500
-
-
withholding
1 139
1 875
-
-
total
1 139
1 875
-
-
Income
37 500
37 500
37 500
37 500
Total tax
4 081
1 875
7 500
375
After tax
33 419
35 625
30 000
37 125
Living cost
11 767
11 767
11 767
11 767
Free-cash
21 652
23 858
18 233
25 358

Estimated living cost  is ₽11767 per week

₽7963
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽636
-₽5159
-₽3970
-₽10482
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
5 691
unemployment
-
-
-
57
health
-
-
-
3 690
pensions
-
-
-
6 849
total
-
-
-
16 287
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.

41 517
-
32 447
-
unemployment
59
-
45
-
pensions
6 435
-
5 030
-
income
7 160
-
5 253
-
health
2 681
-
2 095
-
total
16 335
-
12 423
-
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.

41 517
-
32 447
-
health
2 765
-
2 161
-
pensions
3 674
-
2 872
-
unemployment
25
-
20
-
total
6 464
-
5 053
-
Corporate
-
37 500
-
-
income
-
7 125
-
-
total
-
7 125
-
-
Dividends
-
30 375
-
-
withholding
-
4 556
-
-
total
-
4 556
-
-
Income
37 500
37 500
37 500
37 500
Total tax
22 799
11 681
17 476
16 287
After tax
14 701
25 819
20 024
21 213
Living cost
25 183
25 183
25 183
25 183
Free-cash
-10 482
636
-5 159
-3 970

Estimated living cost  is ₽25183 per week

₽17282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1614
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17286
-₽14881
-₽14186
-₽101073
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 310
social contributions
-
-
-
4 275
total
-
-
-
11 585
Employee
57 499
-
917
-
social contributions
4 715
-
672
-
income
12 683
-
54
-
total
17 398
-
726
-
Employer
57 499
-
917
-
social contributions
81 074
-
11 554
-
total
81 074
-
11 554
-
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
98 472
14 685
12 280
11 585
After tax
-60 972
22 815
25 220
25 915
Living cost
40 101
40 101
40 101
40 101
Free-cash
-101 073
-17 286
-14 881
-14 186

Estimated living cost  is ₽40101 per week

₽26019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3772
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8121
-₽8045
-₽7380
-₽15937
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
2 399
surtax
-
-
-
-
social contributions

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

-
-
-
13 031
total
-
-
-
15 430
Employee
43 181
-
30 304
-
surtax
-
-
-
-
social contributions
4 750
-
3 334
-
income
8 982
-
5 565
-
total
13 732
-
8 899
-
Employer
43 181
-
30 304
-
social contributions
10 255
-
7 196
-
total
10 255
-
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
23 987
16 171
16 095
15 430
After tax
13 513
21 329
21 405
22 070
Living cost
29 450
29 450
29 450
29 450
Free-cash
-15 937
-8 121
-8 045
-7 380

Estimated living cost  is ₽29450 per week

₽22034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1737
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.
₽5187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
-₽26448
-₽21787
-₽22504
-₽39669
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
859
other
-
-
-
1 162
surtax
-
-
-
-
social contributions
-
-
-
1 067
health
-
-
-
326
pensions
-
-
-
11 243
total
-
-
-
14 657
Employee
58 804
-
28 575
-
pensions
6 651
-
3 232
-
surtax
-
-
-
-
social contributions
1 675
-
814
-
income
5 131
-
969
-
total
13 457
-
5 015
-
Employer
58 804
-
28 575
-
health
4 116
-
2 001
-
pensions
9 662
-
4 695
-
unemployment
2 382
-
1 158
-
social contributions
176
-
86
-
other
2 029
-
985
-
total
18 365
-
8 925
-
Corporate
-
37 500
-
-
income
-
10 500
-
-
surtax
-
-
-
-
total
-
10 500
-
-
Dividends
-
27 000
-
-
surtax
-
-
-
-
social contributions
-
4 645
-
-
withholding
-
3 456
-
-
total
-
8 101
-
-
Income
37 500
37 500
37 500
37 500
Total tax
31 822
18 601
13 940
14 657
After tax
5 678
18 899
23 560
22 843
Living cost
45 347
45 347
45 347
45 347
Free-cash
-39 669
-26 448
-21 787
-22 504

Estimated living cost  is ₽45347 per week

₽30690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽622
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10325
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5528
₽2134
₽1027
₽2373
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 500
income
-
-
-
-
social contributions
-
-
-
8 251
total
-
-
-
8 251
Employee
30 184
-
32 467
-
income
-
-
-
-
social contributions
1 962
-
2 111
-
total
1 962
-
2 111
-
Employer
30 184
-
32 467
-
social contributions
4 679
-
5 033
-
total
4 679
-
5 033
-
Corporate
2 637
37 500
-
-
income
264
3 750
-
-
total
264
3 750
-
-
Dividends
2 374
33 750
-
-
total
-
-
-
-
Income
37 500
37 500
37 500
37 500
Total tax
6 905
3 750
7 144
8 251
After tax
30 595
33 750
30 356
29 249
Living cost
28 222
28 222
28 222
28 222
Free-cash
2 373
5 528
2 134
1 027

Estimated living cost  is ₽28222 per week

₽18248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2127
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽167058
-₽167058
-₽19818
-₽167058
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 500
labour market
-
-
-
2 935
municipal
-
-
-
5 235
national
-
-
-
3 118
pensions
-
-
-
814
total
-
-
-
12 102
Employee
190 844
190 844
190 844
-
municipal
40 639
40 639
40 639
-
labour market
15 246
15 246
15 246
-
pensions
271
271
271
-
national
23 315
23 315
23 315
-
total
79 471
79 471
79 471
-
Employer
190 844
190 844
190 844
-
national
23 356
23 356
23 356
-
labour market
15 268
15 268
15 268
-
pensions
543
543
543
-
municipal
40 704
40 704
40 704
-
total
79 871
79 871
79 871
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
37 500
37 500
37 500
37 500
Total tax
159 342
159 342
159 342
12 102
After tax
-121 842
-121 842
-121 842
25 398
Living cost
45 216
45 216
45 216
45 216
Free-cash
-167 058
-167 058
-167 058
-19 818

Estimated living cost  is ₽45216 per week

₽30946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽695
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9574
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17584
-₽819
₽4771
-₽1552
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
5 480
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
12 107
Employee
32 441
-
31 151
-
pensions
3 653
-
3 508
-
income
4 450
-
4 274
-
health
3 715
-
3 567
-
total
11 818
-
11 349
-
Employer
32 441
-
31 151
-
pensions
5 275
-
5 065
-
accident
542
-
520
-
unemployment
795
-
763
-
total
6 612
-
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
18 430
34 462
17 697
12 107
After tax
19 070
3 038
19 803
25 393
Living cost
20 622
20 622
20 622
20 622
Free-cash
-1 552
-17 584
-819
4 771

Estimated living cost  is ₽20622 per week

₽15011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1176
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.
₽4049
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10095
-₽12389
-₽5806
-₽21218
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
185
municipal
-
-
-
6 717
national
-
-
-
358
total
-
-
-
7 260
Employee
49 396
-
31 547
-
municipal
8 091
-
5 194
-
unemployment
741
-
474
-
pensions
3 334
-
2 129
-
national
816
-
-
-
health
369
-
94
-
total
13 351
-
7 891
-
Employer
49 396
-
31 547
-
health
380
-
242
-
pensions
8 570
-
5 473
-
accident
50
-
32
-
unemployment
321
-
205
-
total
9 321
-
5 952
-
Corporate
-
37 500
-
-
income
-
7 499
-
-
total
-
7 499
-
-
Dividends

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

-
22 501
-
-
municipal
-
4 050
-
-
national
-
-
-
-
total
-
4 050
-
-
Income
37 500
37 500
37 500
37 500
Total tax
22 672
11 549
13 843
7 260
After tax
14 828
25 951
23 657
30 240
Living cost
36 046
36 046
36 046
36 046
Free-cash
-21 218
-10 095
-12 389
-5 806

Estimated living cost  is ₽36046 per week

₽23545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3467
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8461
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5469
₽1075
₽8956
₽924
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 500
income
-
-
-
-
social contributions
-
-
-
5 849
health
-
-
-
957
total
-
-
-
6 806
Employee
72 195
72 195
72 195
-
social contributions
2 730
5 992
2 826
-
income
7 861
6 683
7 827
-
health
559
1 228
579
-
total
11 150
13 903
11 232
-
Employer
72 195
72 195
72 195
-
health
608
1 336
629
-
social contributions
2 730
5 992
2 826
-
total
3 338
7 328
3 455
-
Corporate
1 275
-
-
-
income
159
-
-
-
total
159
-
-
-
Dividends
1 117
-
-
-
withholding
191
-
-
-
total
191
-
-
-
Income
37 500
37 500
37 500
37 500
Total tax
14 838
21 231
14 687
6 806
After tax
22 662
16 269
22 813
30 694
Living cost
21 738
21 738
21 738
21 738
Free-cash
924
-5 469
1 075
8 956

Estimated living cost  is ₽21738 per week

₽13028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16146
₽8425
₽10436
₽11371
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
2 760
unemployment
-
-
-
27
health
-
-
-
3 398
pensions
-
-
-
5 972
total
-
-
-
12 157
Employee

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

21 550
-
33 997
-
unemployment
107
-
169
-
pensions
3 232
-
5 099
-
income
1 473
-
2 511
-
health
1 832
-
2 890
-
total
6 644
-
10 669
-
Employer

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

21 550
-
33 997
-
health
926
-
1 461
-
pensions
1 185
-
1 869
-
unemployment
107
-
169
-
total
2 218
-
3 499
-
Corporate
13 731
37 500
-
-
income
1 236
3 375
-
-
total
1 236
3 375
-
-
Dividends
12 495
34 125
-
-
withholding
1 124
3 072
-
-
total
1 124
3 072
-
-
Income
37 500
37 500
37 500
37 500
Total tax
11 222
6 447
14 168
12 157
After tax
26 278
31 053
23 332
25 343
Living cost
14 907
14 907
14 907
14 907
Free-cash
11 371
16 146
8 425
10 436

Estimated living cost  is ₽14907 per week

₽9511
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽423
-₽5319
-₽4757
-₽8283
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
337
income
-
-
-
5 191
other
-
-
-
37
unemployment
-
-
-
262
pensions
-
-
-
10 612
total
-
-
-
16 439
Employee
34 716
-
27 505
-
other
34
-
32
-
unemployment
538
-
486
-
pensions
1 632
-
1 473
-
income
6 693
-
5 015
-
total
8 897
-
7 006
-
Employer
34 716
-
27 505
-
pensions
8 192
-
7 399
-
accident
688
-
620
-
unemployment
1 910
-
1 725
-
other
278
-
251
-
total
11 068
-
9 995
-
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
-
6 480
-
-
total
-
6 480
-
-
Income
37 500
37 500
37 500
37 500
Total tax
19 965
12 105
17 001
16 439
After tax
17 535
25 395
20 499
21 061
Living cost
25 818
25 818
25 818
25 818
Free-cash
-8 283
-423
-5 319
-4 757

Estimated living cost  is ₽25818 per week

₽17427
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2482
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5457
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21503
₽21230
₽21364
₽21191
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 852
health
-
-
-
1 003
pensions
-
-
-
1 384
total
-
-
-
14 239
Employee
2 889
-
35 943
-
unemployment
29
-
69
-
pensions
260
-
623
-
income
559
-
11 779
-
health
144
-
346
-
total
992
-
12 817
-
Employer
2 889
-
35 943
-
health
275
-
657
-
pensions
318
-
761
-
unemployment
58
-
138
-
total
651
-
1 556
-
Corporate
33 960
37 500
-
-
income
7 471
8 250
-
-
total
7 471
8 250
-
-
Dividends
26 489
29 250
-
-
withholding
5 298
5 850
-
-
total
5 298
5 850
-
-
Income
37 500
37 500
37 500
37 500
Total tax
14 412
14 100
14 373
14 239
After tax
23 088
23 400
23 127
23 261
Living cost
1 897
1 897
1 897
1 897
Free-cash
21 191
21 503
21 230
21 364

Estimated living cost  is ₽1897 per week

₽1127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽572
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10849
₽4391
₽2779
₽6224
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
4 302
unemployment
-
-
-
562
health
-
-
-
3 862
pensions
-
-
-
9 750
total
-
-
-
18 476
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.

24 497
-
31 807
-
unemployment
184
-
239
-
pensions
3 430
-
4 453
-
income
3 377
-
4 840
-
health
1 262
-
1 638
-
total
8 253
-
11 170
-
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.

24 497
-
31 807
-
health
1 262
-
1 638
-
pensions
2 940
-
3 817
-
unemployment
184
-
239
-
total
4 386
-
5 694
-
Corporate
8 618
37 500
-
-
income
1 293
5 625
-
-
total
1 293
5 625
-
-
Dividends
7 326
31 875
-
-
withholding
1 099
4 781
-
-
total
1 099
4 781
-
-
Income
37 500
37 500
37 500
37 500
Total tax
15 031
10 406
16 864
18 476
After tax
22 469
27 094
20 636
19 024
Living cost
16 245
16 245
16 245
16 245
Free-cash
6 224
10 849
4 391
2 779

Estimated living cost  is ₽16245 per week

₽10938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1257
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3983
-₽3907
-₽3242
-₽7594
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
2 399
surtax
-
-
-
-
social contributions

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

-
-
-
13 031
total
-
-
-
15 430
Employee
36 440
-
30 304
-
surtax
-
-
-
-
social contributions
4 009
-
3 334
-
income
7 120
-
5 565
-
total
11 129
-
8 899
-
Employer
36 440
-
30 304
-
social contributions
8 654
-
7 196
-
total
8 654
-
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
19 783
16 171
16 095
15 430
After tax
17 717
21 329
21 405
22 070
Living cost
25 312
25 312
25 312
25 312
Free-cash
-7 594
-3 983
-3 907
-3 242

Estimated living cost  is ₽25312 per week

₽17927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5178
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7601
-₽12497
-₽11935
-₽22301
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
337
income
-
-
-
5 191
other
-
-
-
37
unemployment
-
-
-
262
pensions
-
-
-
10 612
total
-
-
-
16 439
Employee
45 344
-
27 505
-
other
45
-
32
-
unemployment
702
-
486
-
pensions
2 131
-
1 473
-
income
9 471
-
5 015
-
total
12 349
-
7 006
-
Employer
45 344
-
27 505
-
pensions
10 701
-
7 399
-
accident
898
-
620
-
unemployment
2 494
-
1 725
-
other
363
-
251
-
total
14 456
-
9 995
-
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
-
6 480
-
-
total
-
6 480
-
-
Income
37 500
37 500
37 500
37 500
Total tax
26 805
12 105
17 001
16 439
After tax
10 695
25 395
20 499
21 061
Living cost
32 996
32 996
32 996
32 996
Free-cash
-22 301
-7 601
-12 497
-11 935

Estimated living cost  is ₽32996 per week

₽23697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2566
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15912
₽7523
₽6967
₽10188
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 625
unemployment
-
-
-
131
health
-
-
-
3 772
pensions

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

-
-
-
4 854
total
-
-
-
14 382
Employee
21 387
-
31 349
-
accident

We are using the highest rate at 1.1%.

235
-
345
-
pensions

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

1 878
-
2 752
-
income
2 139
-
3 135
-
health
984
-
1 442
-
total
5 236
-
7 674
-
Employer
21 387
-
31 349
-
health
1 476
-
2 164
-
pensions

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

2 357
-
3 455
-
accident

We are using the highest rate at 1.1%.

235
-
345
-
unemployment
128
-
188
-
total
4 196
-
6 152
-
Corporate
11 917
37 500
-
-
income
1 192
3 750
-
-
total
1 192
3 750
-
-
Dividends
10 726
33 750
-
-
withholding
537
1 687
-
-
total
537
1 687
-
-
Income
37 500
37 500
37 500
37 500
Total tax
11 161
5 437
13 826
14 382
After tax
26 339
32 063
23 674
23 118
Living cost
16 151
16 151
16 151
16 151
Free-cash
10 188
15 912
7 523
6 967

Estimated living cost  is ₽16151 per week

₽10682
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.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16741
-₽6641
-₽6641
-₽9215
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
1 402
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.

-
-
-
77
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.

-
-
-
6 414
trade
-
-
-
-
total
-
-
-
7 893
Employee

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

46 715
-
37 500
-
surtax

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

212
-
77
-
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.

3 841
-
1 402
-
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.

6 414
-
6 414
-
total
10 467
-
7 893
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
37 500
-
-
income
-
5 625
-
-
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
-
-
chamber of commerce
-
198
-
-
trade
-
5 381
-
-
total
-
11 514
-
-
Dividends
-
25 987
-
-
surtax

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

-
339
-
-
withholding
-
6 140
-
-
total
-
6 479
-
-
Income
37 500
37 500
37 500
37 500
Total tax
10 467
17 993
7 893
7 893
After tax
27 033
19 507
29 607
29 607
Living cost
36 248
36 248
36 248
36 248
Free-cash
-9 215
-16 741
-6 641
-6 641

Estimated living cost  is ₽36248 per week

₽25004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3900
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6817
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27233
-₽22689
-₽22689
-₽35942
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 500
income
-
-
-
4 559
social contributions
-
-
-
2 147
total
-
-
-
6 706
Employee
73 441
-
37 500
-
income
13 858
-
4 559
-
social contributions
6 101
-
2 147
-
total
19 959
-
6 706
-
Employer
73 441
-
37 500
-
total
-
-
-
-
Corporate
-
37 500
-
-
income
-
4 688
-
-
total
-
4 688
-
-
Dividends
-
32 812
-
-
withholding
-
6 562
-
-
total
-
6 562
-
-
Income
37 500
37 500
37 500
37 500
Total tax
19 959
11 250
6 706
6 706
After tax
17 541
26 250
30 794
30 794
Living cost
53 483
53 483
53 483
53 483
Free-cash
-35 942
-27 233
-22 689
-22 689

Estimated living cost  is ₽53483 per week

₽40689
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7925
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13364
-₽6065
-₽28987
-₽12688
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 725
health

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

-
-
-
5 680
total
-
-
-
32 405
Employee
43 070
-
34 084
-
income
4 673
-
2 651
-
social contributions
4 315
-
3 416
-
total
8 988
-
6 067
-
Employer
43 070
-
34 084
-
social contributions
4 315
-
3 416
-
total
4 315
-
3 416
-
Corporate
-
37 500
-
-
income
-
13 126
-
-
total
-
13 126
-
-
Dividends
-
24 374
-
-
social contributions
2 803
3 656
-
-
total
2 803
3 656
-
-
Income
37 500
37 500
37 500
37 500
Total tax
16 106
16 782
9 483
32 405
After tax
21 394
20 718
28 017
5 095
Living cost
34 082
34 082
34 082
34 082
Free-cash
-12 688
-13 364
-6 065
-28 987

Estimated living cost  is ₽34082 per week

₽22449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2687
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8422
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6892
-₽9683
-₽6431
-₽16291
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 140
pensions
-
-
-
1 803
total
-
-
-
8 943
Employee
48 026
-
33 946
-
pensions
3 666
-
1 977
-
income
8 746
-
6 327
-
health
626
-
338
-
total
13 038
-
8 642
-
Employer
48 026
-
33 946
-
health
913
-
645
-
pensions
4 852
-
2 908
-
total
5 765
-
3 553
-
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.

-
7 126
-
-
total
-
7 126
-
-
Dividends
-
30 374
-
-
withholding
-
2 278
-
-
total
-
2 278
-
-
Income
37 500
37 500
37 500
37 500
Total tax
18 803
9 404
12 195
8 943
After tax
18 697
28 096
25 305
28 557
Living cost
34 988
34 988
34 988
34 988
Free-cash
-16 291
-6 892
-9 683
-6 431

Estimated living cost  is ₽34988 per week

₽24001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽19626
-₽2861
₽2729
-₽5416
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
5 480
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
12 107
Employee
35 652
-
31 151
-
pensions
4 014
-
3 508
-
income
4 891
-
4 274
-
health
4 082
-
3 567
-
total
12 987
-
11 349
-
Employer
35 652
-
31 151
-
pensions
5 797
-
5 065
-
accident
595
-
520
-
unemployment
873
-
763
-
total
7 265
-
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
20 252
34 462
17 697
12 107
After tax
17 248
3 038
19 803
25 393
Living cost
22 664
22 664
22 664
22 664
Free-cash
-5 416
-19 626
-2 861
2 729

Estimated living cost  is ₽22664 per week

₽16633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1321
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19188
₽10253
₽10253
₽14621
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 248
unemployment
-
-
-
450
work injury
-
-
-
187
health insurance
-
-
-
2 775
pensions
-
-
-
6 900
total
-
-
-
14 560
Employee

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

20 298
-
37 500
-
health insurance
1 502
-
2 775
-
unemployment
244
-
450
-
work injury
101
-
187
-
pensions
3 735
-
6 900
-
income
2 030
-
4 248
-
total
7 612
-
14 560
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
17 202
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
17 202
37 500
-
-
withholding
2 580
5 625
-
-
total
2 580
5 625
-
-
Income
37 500
37 500
37 500
37 500
Total tax
10 192
5 625
14 560
14 560
After tax
27 308
31 875
22 940
22 940
Living cost
12 687
12 687
12 687
12 687
Free-cash
14 621
19 188
10 253
10 253

Estimated living cost  is ₽12687 per week

₽7860
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽922
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽396
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3509
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17649
-₽18918
-₽16743
-₽41616
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 500
social contributions
-
-
-
9 644
regional
-
-
-
493
municipal
-
-
-
251
national
-
-
-
6 452
total
-
-
-
16 840
Employee
79 116
-
37 500
-
municipal
472
-
224
-
national
13 370
-
5 717
-
regional
1 194
-
429
-
social contributions
26 677
-
12 645
-
total
41 713
-
19 015
-
Employer
79 116
-
37 500
-
total
-
-
-
-
Corporate
-
37 500
-
-
municipal
-
1 807
-
-
nationa
-
8 999
-
-
total
-
10 806
-
-
Dividends
-
26 694
-
-
withholding
-
6 940
-
-
total
-
6 940
-
-
Income
37 500
37 500
37 500
37 500
Total tax
41 713
17 746
19 015
16 840
After tax
-4 213
19 754
18 485
20 660
Living cost
37 403
37 403
37 403
37 403
Free-cash
-41 616
-17 649
-18 918
-16 743

Estimated living cost  is ₽37403 per week

₽26273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7991
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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