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
₽ 38000
per

Your estimated
City
free-cash

Dresden , Germany
₽1250
-₽9367
₽1250
₽1018
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
38 000
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.

-
-
-
6 483
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.

-
-
-
1 443
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.

-
-
-
79
trade
-
-
-
-
total
-
-
-
8 005
Employee

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

36 298
-
38 000
-
surtax

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

56
-
79
-
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.

1 014
-
1 443
-
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.

6 483
-
6 483
-
total
7 553
-
8 005
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 702
38 000
-
-
chamber of commerce
146
198
-
-
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.

14
313
-
-
trade
268
5 985
-
-
income
256
5 700
-
-
total
684
12 196
-
-
Dividends
1 017
25 804
-
-
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.

-
335
-
-
withholding
-
6 091
-
-
total
-
6 426
-
-
Income
38 000
38 000
38 000
38 000
Total tax
8 237
18 622
8 005
8 005
After tax
29 763
19 378
29 995
29 995
Living cost
28 745
28 745
28 745
28 745
Free-cash
1 018
-9 367
1 250
1 250

Estimated living cost  is ₽28745 per week

₽18082
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3352
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6775
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽25081
-₽26553
-₽25380
-₽46992
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
social contributions
-
-
-
409
pensions
-
-
-
4 560
national
-
-
-
4 951
municipal
-
-
-
3 195
total
-
-
-
13 115
Employee
77 919
-
32 851
-
municipal
9 624
-
3 342
-
national
14 914
-
5 179
-
pensions
3 117
-
1 314
-
total
27 655
-
9 835
-
Employer
77 919
-
32 851
-
pensions
6 234
-
2 628
-
social contributions
838
-
353
-
total
7 072
-
2 981
-
Corporate
-
38 000
-
-
income

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

-
7 600
-
-
total
-
7 600
-
-
Dividends
-
30 400
-
-
withholding
-
6 688
-
-
total
-
6 688
-
-
Income
38 000
38 000
38 000
38 000
Total tax
34 727
14 288
12 816
13 115
After tax
3 273
23 712
25 184
24 885
Living cost
50 265
50 265
50 265
50 265
Free-cash
-46 992
-26 553
-25 081
-25 380

Estimated living cost  is ₽50265 per week

₽34164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10675
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2059
₽10656
₽9568
₽2870
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
38 000
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.

-
-
-
2 988
income
-
-
-
-
surtax
-
-
-
-
microenterprise
-
-
-
5 700
total
-
-
-
8 688
Employee
27 731
-
30 623
-
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.

3 051
-
3 368
-
income
4 936
-
5 452
-
total
7 987
-
8 820
-
Employer
27 731
-
30 623
-
surtax
-
-
-
-
social contributions

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

6 680
-
7 377
-
total
6 680
-
7 377
-
Corporate
3 589
38 000
-
-
income

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

719
7 600
-
-
total
719
7 600
-
-
Dividends

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

2 871
30 400
-
-
total
-
-
-
-
Income
38 000
38 000
38 000
38 000
Total tax
15 386
7 600
16 197
8 688
After tax
22 614
30 400
21 803
29 312
Living cost
19 744
19 744
19 744
19 744
Free-cash
2 870
10 656
2 059
9 568

Estimated living cost  is ₽19744 per week

₽12596
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4819
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽56240
-₽50913
-₽17868
-₽56240
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
health
-
-
-
5 833
income
-
-
-
3 439
pensions
-
-
-
6 840
total
-
-
-
16 112
Employee
81 043
81 043
81 043
-
income

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

13 265
13 265
13 265
-
pensions
14 588
11 119
14 588
-
health
12 439
10 581
12 439
-
total
40 292
34 965
40 292
-
Employer
81 043
81 043
81 043
-
unemployment
2 918
2 918
2 918
-
health
5 633
5 633
5 633
-
pensions
5 641
5 641
5 641
-
total
14 192
14 192
14 192
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 000
38 000
38 000
38 000
Total tax
54 484
49 157
54 484
16 112
After tax
-16 484
-11 157
-16 484
21 888
Living cost
39 756
39 756
39 756
39 756
Free-cash
-56 240
-50 913
-56 240
-17 868

Estimated living cost  is ₽39756 per week

₽28174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3584
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽632
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7366
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19217
-₽18761
-₽20567
-₽35986
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
other
-
-
-
4 416
health
-
-
-
2 371
accident
-
-
-
76
pensions
-
-
-
4 108
national
-
-
-
-
unemployment
-
-
-
38
municipal
-
-
-
8 049
total
-
-
-
19 058
Employee
56 296
-
28 915
-
municipal
16 788
-
8 623
-
national
-
-
-
-
total
16 788
-
8 623
-
Employer
56 296
-
28 915
-
other
6 542
-
3 360
-
unemployment
1 486
-
763
-
health
3 462
-
1 778
-
accident
113
-
58
-
pensions
6 086
-
3 126
-
total
17 689
-
9 085
-
Corporate
-
38 000
-
-
income
-
8 360
-
-
total
-
8 360
-
-
Dividends
-
29 640
-
-
withholding
-
8 892
-
-
total
-
8 892
-
-
Income
38 000
38 000
38 000
38 000
Total tax
34 477
17 252
17 708
19 058
After tax
3 523
20 748
20 292
18 942
Living cost
39 509
39 509
39 509
39 509
Free-cash
-35 986
-18 761
-19 217
-20 567

Estimated living cost  is ₽39509 per week

₽26185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3877
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽600
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7287
-₽18099
-₽7287
-₽10127
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
38 000
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.

-
-
-
6 483
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.

-
-
-
1 443
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.

-
-
-
79
trade
-
-
-
-
total
-
-
-
8 005
Employee

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

48 127
-
38 000
-
surtax

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

227
-
79
-
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.

4 135
-
1 443
-
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.

6 483
-
6 483
-
total
10 845
-
8 005
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
38 000
-
-
chamber of commerce
-
198
-
-
surtax

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

-
313
-
-
trade
-
6 251
-
-
income
-
5 700
-
-
total
-
12 462
-
-
Dividends
-
25 537
-
-
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
-
6 024
-
-
total
-
6 355
-
-
Income
38 000
38 000
38 000
38 000
Total tax
10 845
18 817
8 005
8 005
After tax
27 155
19 183
29 995
29 995
Living cost
37 282
37 282
37 282
37 282
Free-cash
-10 127
-18 099
-7 287
-7 287

Estimated living cost  is ₽37282 per week

₽24934
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7859
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7643
-₽14243
₽320
-₽9054
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
social contributions
-
-
-
5 929
health
-
-
-
969
income
-
-
-
-
total
-
-
-
6 898
Employee
72 976
72 976
72 976
-
social contributions
3 546
6 057
2 864
-
income
7 663
6 755
7 908
-
health
726
1 241
587
-
total
11 935
14 053
11 359
-
Employer
72 976
72 976
72 976
-
health
791
1 351
638
-
social contributions
3 546
6 057
2 864
-
total
4 337
7 408
3 502
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 000
38 000
38 000
38 000
Total tax
16 272
21 461
14 861
6 898
After tax
21 728
16 539
23 139
31 102
Living cost
30 782
30 782
30 782
30 782
Free-cash
-9 054
-14 243
-7 643
320

Estimated living cost  is ₽30782 per week

₽21042
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2404
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6818
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4484
₽4078
₽8780
₽4444
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
health
-
-
-
2 660
income
-
-
-
4 645
pensions
-
-
-
3 800
unemployment
-
-
-
570
total
-
-
-
11 675
Employee

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

The minimum wage is 138,000 HUF per month.

25 327
10 080
31 799
-
income
3 096
1 232
3 887
-
pensions
2 533
1 008
3 180
-
health
1 773
706
2 226
-
unemployment
380
151
477
-
total
7 782
3 097
9 770
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 327
10 080
31 799
-
pensions
4 939
1 966
6 201
-
total
4 939
1 966
6 201
-
Corporate
7 735
25 955
-
-
income
696
2 336
-
-
total
696
2 336
-
-
Dividends
7 038
23 619
-
-
social contributions
1 257
4 490
-
-
withholding
1 337
4 488
-
-
total
2 594
8 978
-
-
Income
38 000
38 000
38 000
38 000
Total tax
16 011
16 377
15 971
11 675
After tax
21 989
21 623
22 029
26 325
Living cost
17 545
17 545
17 545
17 545
Free-cash
4 444
4 078
4 484
8 780

Estimated living cost  is ₽17545 per week

₽11973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3786
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽981
₽7477
-₽393
₽1582
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
health
-
-
-
4 940
income
-
-
-
2 930
pensions
-
-
-
7 600
total
-
-
-
15 470
Employee
26 922
-
28 401
-
income
3 031
-
3 476
-
pensions
538
-
567
-
unemployment
430
-
454
-
total
3 999
-
4 497
-
Employer
26 922
-
28 401
-
unemployment
216
-
227
-
health
3 499
-
3 692
-
pensions
5 385
-
5 680
-
total
9 100
-
9 599
-
Corporate
1 977
38 000
-
-
income
396
7 600
-
-
total
396
7 600
-
-
Dividends
1 581
30 400
-
-
total
-
-
-
-
Income
38 000
38 000
38 000
38 000
Total tax
13 495
7 600
14 096
15 470
After tax
24 505
30 400
23 904
22 530
Living cost
22 923
22 923
22 923
22 923
Free-cash
1 582
7 477
981
-393

Estimated living cost  is ₽22923 per week

₽15722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5374
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽959
-₽17949
₽4754
-₽1818
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
other
-
-
-
354
health
-
-
-
2 084
accident
-
-
-
241
income
-
-
-
5 563
pensions
-
-
-
3 977
total
-
-
-
12 219
Employee
33 077
-
31 566
-
income
4 538
-
4 331
-
pensions
3 725
-
3 554
-
health
3 787
-
3 614
-
total
12 050
-
11 499
-
Employer
33 077
-
31 566
-
unemployment
810
-
773
-
accident
552
-
527
-
pensions
5 379
-
5 133
-
total
6 741
-
6 433
-
Corporate
-
38 000
-
-
income

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

-
34 200
-
-
total
-
34 200
-
-
Dividends
-
3 800
-
-
withholding
-
722
-
-
total
-
722
-
-
Income
38 000
38 000
38 000
38 000
Total tax
18 791
34 922
17 932
12 219
After tax
19 209
3 078
20 068
25 781
Living cost
21 027
21 027
21 027
21 027
Free-cash
-1 818
-17 949
-959
4 754

Estimated living cost  is ₽21027 per week

₽15411
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1165
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4013
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22536
₽28236
₽29756
₽26761
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
38 000
microenterprise

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

-
-
-
380
total
-
-
-
380
Employee
9 830
-
38 000
-
income
1 966
-
7 600
-
total
1 966
-
7 600
-
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%.

28 170
38 000
-
-
total
-
-
-
-
Dividends
28 170
38 000
-
-
withholding
1 409
1 900
-
-
total
1 409
1 900
-
-
Income
38 000
38 000
38 000
38 000
Total tax
3 375
1 900
7 600
380
After tax
34 625
36 100
30 400
37 620
Living cost
7 864
7 864
7 864
7 864
Free-cash
26 761
28 236
22 536
29 756

Estimated living cost  is ₽7864 per week

₽4874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽654
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽216
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2121
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3015
₽2630
-₽4711
-₽5144
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
other
-
-
-
1 805
health
-
-
-
1 671
income
-
-
-
4 827
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.

-
-
-
9 120
total
-
-
-
17 423
Employee
34 458
-
30 350
-
income
5 932
-
5 225
-
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.

2 411
-
2 125
-
health
483
-
425
-
unemployment
344
-
304
-
total
9 170
-
8 079
-
Employer
34 458
-
30 350
-
other
1 724
-
1 516
-
unemployment
344
-
304
-
health
483
-
425
-
accident
276
-
243
-
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.

5 859
-
5 160
-
total
8 686
-
7 648
-
Corporate
-
38 000
-
-
income
-
7 980
-
-
total
-
7 980
-
-
Dividends
-
30 020
-
-
withholding
-
2 102
-
-
total
-
2 102
-
-
Income
38 000
38 000
38 000
38 000
Total tax
17 856
10 082
15 727
17 423
After tax
20 144
27 918
22 273
20 577
Living cost
25 288
25 288
25 288
25 288
Free-cash
-5 144
2 630
-3 015
-4 711

Estimated living cost  is ₽25288 per week

₽17867
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5306
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽37607
-₽34749
-₽34294
-₽63707
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
income
-
-
-
7 232
pensions
-
-
-
1 842
total
-
-
-
9 074
Employee
89 447
-
34 384
-
income
16 124
-
6 404
-
health
1 474
-
346
-
pensions
8 629
-
2 021
-
total
26 227
-
8 771
-
Employer
89 447
-
34 384
-
health
1 699
-
654
-
pensions
10 561
-
2 962
-
total
12 260
-
3 616
-
Corporate
-
38 000
-
-
income

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

-
7 220
-
-
total
-
7 220
-
-
Dividends
-
30 780
-
-
withholding
-
2 309
-
-
total
-
2 309
-
-
Income
38 000
38 000
38 000
38 000
Total tax
38 487
9 529
12 387
9 074
After tax
-487
28 471
25 613
28 926
Living cost
63 220
63 220
63 220
63 220
Free-cash
-63 707
-34 749
-37 607
-34 294

Estimated living cost  is ₽63220 per week

₽47372
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7428
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7907
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽11677
₽20176
₽11227
₽15813
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
health
-
-
-
3 773
income
-
-
-
5 700
pensions

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

-
-
-
4 855
unemployment
-
-
-
131
total
-
-
-
14 459
Employee
16 306
-
31 768
-
income
1 630
-
3 177
-
accident

We are using the highest rate at 1.1%.

180
-
349
-
pensions

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

1 432
-
2 789
-
health
750
-
1 462
-
total
3 992
-
7 777
-
Employer
16 306
-
31 768
-
unemployment
98
-
190
-
health
1 125
-
2 192
-
accident

We are using the highest rate at 1.1%.

180
-
349
-
pensions

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

1 797
-
3 501
-
total
3 200
-
6 232
-
Corporate
18 495
38 000
-
-
income
1 849
3 800
-
-
total
1 849
3 800
-
-
Dividends
16 646
34 200
-
-
withholding
832
1 710
-
-
total
832
1 710
-
-
Income
38 000
38 000
38 000
38 000
Total tax
9 873
5 510
14 009
14 459
After tax
28 127
32 490
23 991
23 541
Living cost
12 314
12 314
12 314
12 314
Free-cash
15 813
20 176
11 677
11 227

Estimated living cost  is ₽12314 per week

₽7189
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.
₽3920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽69109
-₽63782
-₽30737
-₽65391
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
health
-
-
-
5 833
income
-
-
-
3 439
pensions
-
-
-
6 840
total
-
-
-
16 112
Employee
87 987
81 043
81 043
-
income

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

13 265
13 265
13 265
-
pensions
11 119
11 119
14 588
-
health
10 977
10 581
12 439
-
total
35 361
34 965
40 292
-
Employer
87 987
81 043
81 043
-
unemployment
3 168
2 918
2 918
-
health
6 114
5 633
5 633
-
pensions
6 123
5 641
5 641
-
total
15 405
14 192
14 192
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 000
38 000
38 000
38 000
Total tax
50 766
49 157
54 484
16 112
After tax
-12 766
-11 157
-16 484
21 888
Living cost
52 625
52 625
52 625
52 625
Free-cash
-65 391
-63 782
-69 109
-30 737

Estimated living cost  is ₽52625 per week

₽38820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽603
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
-₽4158
₽2720
-₽4935
-₽8197
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
social contributions
-
-
-
11 096
health
-
-
-
5 130
income
-
-
-
3 266
solidarity contribution
-
-
-
-
total
-
-
-
19 492
Employee
34 475
-
28 358
-
social contributions
2 241
-
1 843
-
solidarity contribution
-
-
-
-
income
4 137
-
3 403
-
health
4 654
-
3 828
-
total
11 032
-
9 074
-
Employer
34 475
-
28 358
-
health
3 103
-
2 552
-
social contributions
8 619
-
7 089
-
total
11 722
-
9 641
-
Corporate
-
38 000
-
-
income
-
7 220
-
-
total
-
7 220
-
-
Dividends
-
30 780
-
-
withholding
-
4 617
-
-
total
-
4 617
-
-
Income
38 000
38 000
38 000
38 000
Total tax
22 754
11 837
18 715
19 492
After tax
15 246
26 163
19 285
18 508
Living cost
23 443
23 443
23 443
23 443
Free-cash
-8 197
2 720
-4 158
-4 935

Estimated living cost  is ₽23443 per week

₽16284
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21166
-₽19771
-₽18938
-₽46345
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
social contributions
-
-
-
9 774
national
-
-
-
6 541
regional
-
-
-
352
municipal
-
-
-
225
total
-
-
-
16 892
Employee
84 344
-
38 000
-
social contributions
28 441
-
12 814
-
municipal
447
-
202
-
national
14 615
-
5 794
-
regional
796
-
310
-
total
44 299
-
19 120
-
Employer
84 344
-
38 000
-
total
-
-
-
-
Corporate
-
38 000
-
-
nationa
-
9 120
-
-
municipal
-
1 482
-
-
total
-
10 602
-
-
Dividends
-
27 398
-
-
withholding
-
7 123
-
-
total
-
7 123
-
-
Income
38 000
38 000
38 000
38 000
Total tax
44 299
17 725
19 120
16 892
After tax
-6 299
20 275
18 880
21 108
Living cost
40 046
40 046
40 046
40 046
Free-cash
-46 345
-19 771
-21 166
-18 938

Estimated living cost  is ₽40046 per week

₽27915
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2626
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8890
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6
₽2960
₽917
₽5
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
other
-
-
-
-
health
-
-
-
2 698
income
-
-
-
5 497
pensions
-
-
-
7 600
surtax
-
-
-
130
unemployment
-
-
-
216
total
-
-
-
16 141
Employee
31 384
-
31 389
-
surtax
103
-
103
-
income
5 261
-
5 262
-
other
-
-
-
-
pensions
2 093
-
2 095
-
health
801
-
801
-
unemployment
2 185
-
2 185
-
total
10 443
-
10 446
-
Employer
31 384
-
31 389
-
other
-
-
-
-
unemployment
994
-
994
-
health
1 428
-
1 428
-
pensions
4 184
-
4 184
-
total
6 606
-
6 606
-
Corporate
10
38 000
-
-
income
2
9 880
-
-
total
2
9 880
-
-
Dividends
8
28 120
-
-
withholding
2
4 218
-
-
total
2
4 218
-
-
Income
38 000
38 000
38 000
38 000
Total tax
17 053
14 098
17 052
16 141
After tax
20 947
23 902
20 948
21 859
Living cost
20 942
20 942
20 942
20 942
Free-cash
5
2 960
6
917

Estimated living cost  is ₽20942 per week

₽12805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5722
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17577
-₽14719
-₽14264
-₽29572
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
income
-
-
-
7 232
pensions
-
-
-
1 842
total
-
-
-
9 074
Employee
59 945
-
34 384
-
income
10 796
-
6 404
-
health
870
-
346
-
pensions
5 088
-
2 021
-
total
16 754
-
8 771
-
Employer
59 945
-
34 384
-
health
1 139
-
654
-
pensions
6 489
-
2 962
-
total
7 628
-
3 616
-
Corporate
-
38 000
-
-
income

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

-
7 220
-
-
total
-
7 220
-
-
Dividends
-
30 780
-
-
withholding
-
2 309
-
-
total
-
2 309
-
-
Income
38 000
38 000
38 000
38 000
Total tax
24 382
9 529
12 387
9 074
After tax
13 618
28 471
25 613
28 926
Living cost
43 190
43 190
43 190
43 190
Free-cash
-29 572
-14 719
-17 577
-14 264

Estimated living cost  is ₽43190 per week

₽32358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3237
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.
₽7143
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽46851
-₽59198
-₽44052
-₽60153
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
other

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

-
-
-
759
health
-
-
-
250
pensions
-
-
-
3 495
city
-
-
-
399
national
-
-
-
37
regional
-
-
-
535
total
-
-
-
5 475
Employee
89 615
-
33 543
-
national
424
-
10
-
city
962
-
354
-
pensions
7 529
-
3 342
-
health
203
-
75
-
regional
2 934
-
405
-
unemployment
-
-
-
-
total
12 052
-
4 186
-
Employer
89 615
-
33 543
-
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.

1 792
-
671
-
unemployment
-
-
-
-
health
203
-
75
-
pensions
7 529
-
3 342
-
total
9 524
-
4 088
-
Corporate
-
38 000
-
-
regional
-
8 036
-
-
national
-
3 229
-
-
total
-
11 265
-
-
Dividends
-
26 734
-
-
withholding
-
9 356
-
-
total
-
9 356
-
-
Income
38 000
38 000
38 000
38 000
Total tax
21 576
20 621
8 274
5 475
After tax
16 424
17 379
29 726
32 525
Living cost
76 577
76 577
76 577
76 577
Free-cash
-60 153
-59 198
-46 851
-44 052

Estimated living cost  is ₽76577 per week

₽49797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6872
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽940
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18968
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽13480
-₽24490
-₽13480
-₽19034
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
38 000
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.

-
-
-
6 483
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.

-
-
-
1 443
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.

-
-
-
79
trade
-
-
-
-
total
-
-
-
8 005
Employee

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

57 035
-
38 000
-
surtax

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

369
-
79
-
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.

6 707
-
1 443
-
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.

6 483
-
6 483
-
total
13 559
-
8 005
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
38 000
-
-
chamber of commerce
-
198
-
-
surtax

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

-
313
-
-
trade
-
6 518
-
-
income
-
5 700
-
-
total
-
12 729
-
-
Dividends
-
25 271
-
-
surtax

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

-
328
-
-
withholding
-
5 958
-
-
total
-
6 286
-
-
Income
38 000
38 000
38 000
38 000
Total tax
13 559
19 015
8 005
8 005
After tax
24 441
18 985
29 995
29 995
Living cost
43 475
43 475
43 475
43 475
Free-cash
-19 034
-24 490
-13 480
-13 480

Estimated living cost  is ₽43475 per week

₽31753
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3478
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8597
-₽13318
-₽9325
-₽15300
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
other
-
-
-
1 178
social contributions
-
-
-
1 084
health
-
-
-
330
income
-
-
-
877
pensions
-
-
-
11 387
surtax
-
-
-
-
total
-
-
-
14 856
Employee
40 617
-
28 956
-
surtax
-
-
-
-
social contributions
1 158
-
825
-
income
2 397
-
989
-
pensions
4 592
-
3 272
-
total
8 147
-
5 086
-
Employer
40 617
-
28 956
-
other
1 401
-
1 000
-
unemployment
1 644
-
1 172
-
health
2 844
-
2 026
-
pensions
6 673
-
4 758
-
social contributions
122
-
86
-
total
12 684
-
9 042
-
Corporate
-
38 000
-
-
surtax
-
-
-
-
income
-
10 640
-
-
total
-
10 640
-
-
Dividends
-
27 360
-
-
social contributions
-
4 706
-
-
surtax
-
-
-
-
withholding
-
3 503
-
-
total
-
8 209
-
-
Income
38 000
38 000
38 000
38 000
Total tax
20 831
18 849
14 128
14 856
After tax
17 169
19 151
23 872
23 144
Living cost
32 469
32 469
32 469
32 469
Free-cash
-15 300
-13 318
-8 597
-9 325

Estimated living cost  is ₽32469 per week

₽20473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8805
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5380
-₽10101
-₽6108
-₽9580
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
other
-
-
-
1 178
social contributions
-
-
-
1 084
health
-
-
-
330
income
-
-
-
877
pensions
-
-
-
11 387
surtax
-
-
-
-
total
-
-
-
14 856
Employee
36 256
-
28 956
-
surtax
-
-
-
-
social contributions
1 034
-
825
-
income
1 869
-
989
-
pensions
4 101
-
3 272
-
total
7 004
-
5 086
-
Employer
36 256
-
28 956
-
other
1 252
-
1 000
-
unemployment
1 468
-
1 172
-
health
2 538
-
2 026
-
pensions
5 958
-
4 758
-
social contributions
108
-
86
-
total
11 324
-
9 042
-
Corporate
-
38 000
-
-
surtax
-
-
-
-
income
-
10 640
-
-
total
-
10 640
-
-
Dividends
-
27 360
-
-
social contributions
-
4 706
-
-
surtax
-
-
-
-
withholding
-
3 503
-
-
total
-
8 209
-
-
Income
38 000
38 000
38 000
38 000
Total tax
18 328
18 849
14 128
14 856
After tax
19 672
19 151
23 872
23 144
Living cost
29 252
29 252
29 252
29 252
Free-cash
-9 580
-10 101
-5 380
-6 108

Estimated living cost  is ₽29252 per week

₽16965
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2972
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8762
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3272
₽3060
₽4279
₽2208
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
social contributions
-
-
-
5 244
health
-
-
-
2 653
income
-
-
-
5 700
total
-
-
-
13 597
Employee
32 178
-
38 000
-
social contributions
4 441
-
5 244
-
income
5 367
-
6 707
-
health
2 246
-
2 653
-
total
12 054
-
14 604
-
Employer
32 178
-
38 000
-
total
-
-
-
-
Corporate
5 822
38 000
-
-
income

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

292
1 900
-
-
total
292
1 900
-
-
Dividends
5 531
36 100
-
-
social contributions
1 655
4 981
-
-
withholding
830
5 415
-
-
health
837
2 520
-
-
total
3 322
12 916
-
-
Income
38 000
38 000
38 000
38 000
Total tax
15 668
14 816
14 604
13 597
After tax
22 332
23 184
23 396
24 403
Living cost
20 124
20 124
20 124
20 124
Free-cash
2 208
3 060
3 272
4 279

Estimated living cost  is ₽20124 per week

₽13468
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4951
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19338
-₽17052
-₽12144
-₽24163
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
health
-
-
-
2 907
income
-
-
-
609
chamber of commerce
-
-
-
151
pensions
-
-
-
7 029
surtax
-
-
-
187
unemployment
-
-
-
5 821
total
-
-
-
16 704
Employee
47 428
37 820
37 820
-
income
5 399
2 790
3 213
-
other
474
378
288
-
pensions
4 857
3 872
2 955
-
health
1 835
1 464
1 117
-
unemployment
1 423
1 135
866
-
total
13 988
9 639
8 439
-
Employer
47 428
37 820
37 820
-
other
2 253
1 796
1 720
-
unemployment
1 423
1 135
866
-
health
1 792
1 430
1 091
-
surtax
187
187
187
-
accident
616
492
375
-
pensions
5 952
4 747
3 622
-
payroll
1 423
1 135
1 135
-
chamber of commerce
189
151
151
-
total
13 835
11 073
9 147
-
Corporate
3 602
3 602
25 251
-
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.

900
900
6 312
-
total
900
900
6 312
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 000
38 000
38 000
38 000
Total tax
28 723
21 612
23 898
16 704
After tax
9 277
16 388
14 102
21 296
Living cost
33 440
33 440
33 440
33 440
Free-cash
-24 163
-17 052
-19 338
-12 144

Estimated living cost  is ₽33440 per week

₽22303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2853
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.
₽7735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17207
-₽13083
-₽12046
-₽49645
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
social contributions
-
-
-
2 855
communal

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

-
-
-
2 109
national
-
-
-
10 479
total
-
-
-
15 443
Employee

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

67 885
-
29 431
-
national
20 870
-
6 654
-
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.

5 091
-
2 208
-
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.

3 189
-
1 383
-
communal

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

3 541
-
1 534
-
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.

591
-
256
-
total
33 282
-
12 035
-
Employer

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

67 885
-
29 431
-
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.

991
-
430
-
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.

4 175
-
1 810
-
surtax
7 697
-
3 339
-
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.

882
-
382
-
pensions

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

6 015
-
2 608
-
total
19 760
-
8 569
-
Corporate
-
38 000
-
-
surtax
-
151
-
-
income
-
7 600
-
-
total
-
7 751
-
-
Dividends
-
30 249
-
-
withholding

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

-
8 729
-
-
total
-
8 729
-
-
Income
38 000
38 000
38 000
38 000
Total tax
53 042
16 480
20 604
15 443
After tax
-15 042
21 520
17 396
22 557
Living cost
34 603
34 603
34 603
34 603
Free-cash
-49 645
-13 083
-17 207
-12 046

Estimated living cost  is ₽34603 per week

₽22289
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3026
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8747
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13479
-₽8539
-₽12937
-₽24299
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
other
-
-
-
38
accident
-
-
-
342
income
-
-
-
5 263
pensions
-
-
-
10 754
unemployment
-
-
-
267
total
-
-
-
16 664
Employee
47 240
-
27 897
-
income
9 967
-
5 090
-
other
47
-
32
-
pensions
2 221
-
1 489
-
unemployment
733
-
492
-
total
12 968
-
7 103
-
Employer
47 240
-
27 897
-
other
376
-
254
-
unemployment
2 599
-
1 743
-
accident
935
-
627
-
pensions
11 148
-
7 479
-
total
15 058
-
10 103
-
Corporate
-
38 000
-
-
income

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

-
5 700
-
-
total
-
5 700
-
-
Dividends
-
32 300
-
-
withholding
-
6 566
-
-
total
-
6 566
-
-
Income
38 000
38 000
38 000
38 000
Total tax
28 026
12 266
17 206
16 664
After tax
9 974
25 734
20 794
21 336
Living cost
34 273
34 273
34 273
34 273
Free-cash
-24 299
-8 539
-13 479
-12 937

Estimated living cost  is ₽34273 per week

₽25239
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2431
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27053
-₽27666
-₽27050
-₽42457
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
health
-
-
-
3 386
accident
-
-
-
407
income
-
-
-
569
pensions
-
-
-
7 225
communal
-
-
-
-
surtax
-
-
-
1 889
total
-
-
-
13 476
Employee
71 869
-
32 603
-
surtax
4 405
-
1 889
-
income
6 942
-
569
-
pensions
5 749
-
3 613
-
health
3 199
-
2 010
-
total
20 295
-
8 081
-
Employer
71 869
-
32 603
-
health
2 192
-
1 378
-
accident
647
-
407
-
pensions
5 749
-
3 613
-
total
8 588
-
5 398
-
Corporate
-
38 000
-
-
surtax
-
400
-
-
income
-
5 700
-
-
communal
-
2 565
-
-
total
-
8 665
-
-
Dividends
-
29 336
-
-
income
-
1 027
-
-
withholding
-
4 400
-
-
total
-
5 427
-
-
Income
38 000
38 000
38 000
38 000
Total tax
28 883
14 092
13 479
13 476
After tax
9 117
23 908
24 521
24 524
Living cost
51 574
51 574
51 574
51 574
Free-cash
-42 457
-27 666
-27 053
-27 050

Estimated living cost  is ₽51574 per week

₽38688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3125
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽368
₽2586
₽543
-₽687
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
other
-
-
-
-
health
-
-
-
2 698
income
-
-
-
5 497
pensions
-
-
-
7 600
surtax
-
-
-
130
unemployment
-
-
-
216
total
-
-
-
16 141
Employee
31 960
-
31 389
-
surtax
113
-
103
-
income
5 358
-
5 262
-
other
-
-
-
-
pensions
2 132
-
2 095
-
health
816
-
801
-
unemployment
2 224
-
2 185
-
total
10 643
-
10 446
-
Employer
31 960
-
31 389
-
other
-
-
-
-
unemployment
1 014
-
994
-
health
1 453
-
1 428
-
pensions
4 261
-
4 184
-
total
6 728
-
6 606
-
Corporate
-
38 000
-
-
income
-
9 880
-
-
total
-
9 880
-
-
Dividends
-
28 120
-
-
withholding
-
4 218
-
-
total
-
4 218
-
-
Income
38 000
38 000
38 000
38 000
Total tax
17 371
14 098
17 052
16 141
After tax
20 629
23 902
20 948
21 859
Living cost
21 316
21 316
21 316
21 316
Free-cash
-687
2 586
-368
543

Estimated living cost  is ₽21316 per week

₽12870
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1853
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6886
-₽5592
-₽4679
-₽14645
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
social contributions
-
-
-
9 774
national
-
-
-
6 541
regional
-
-
-
574
municipal
-
-
-
225
total
-
-
-
17 114
Employee
52 644
-
38 000
-
social contributions
17 752
-
12 814
-
municipal
279
-
202
-
national
8 340
-
5 794
-
regional
709
-
511
-
total
27 080
-
19 321
-
Employer
52 644
-
38 000
-
total
-
-
-
-
Corporate
-
38 000
-
-
nationa
-
9 120
-
-
municipal
-
1 889
-
-
total
-
11 009
-
-
Dividends
-
26 991
-
-
withholding
-
7 018
-
-
total
-
7 018
-
-
Income
38 000
38 000
38 000
38 000
Total tax
27 080
18 027
19 321
17 114
After tax
10 920
19 973
18 679
20 886
Living cost
25 565
25 565
25 565
25 565
Free-cash
-14 645
-5 592
-6 886
-4 679

Estimated living cost  is ₽25565 per week

₽15899
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2590
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.
₽6638
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9603
-₽2725
-₽10380
-₽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
-
-
-
38 000
social contributions
-
-
-
11 096
health
-
-
-
5 130
income
-
-
-
3 266
solidarity contribution
-
-
-
-
total
-
-
-
19 492
Employee
42 482
-
28 358
-
social contributions
2 761
-
1 843
-
solidarity contribution
-
-
-
-
income
5 098
-
3 403
-
health
5 735
-
3 828
-
total
13 594
-
9 074
-
Employer
42 482
-
28 358
-
health
3 823
-
2 552
-
social contributions
10 620
-
7 089
-
total
14 443
-
9 641
-
Corporate
-
38 000
-
-
income
-
7 220
-
-
total
-
7 220
-
-
Dividends
-
30 780
-
-
withholding
-
4 617
-
-
total
-
4 617
-
-
Income
38 000
38 000
38 000
38 000
Total tax
28 037
11 837
18 715
19 492
After tax
9 963
26 163
19 285
18 508
Living cost
28 888
28 888
28 888
28 888
Free-cash
-18 925
-2 725
-9 603
-10 380

Estimated living cost  is ₽28888 per week

₽21483
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5305
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16076
-₽13702
-₽8794
-₽16322
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
health
-
-
-
2 907
income
-
-
-
609
chamber of commerce
-
-
-
151
pensions
-
-
-
7 029
surtax
-
-
-
-
unemployment
-
-
-
5 821
total
-
-
-
16 517
Employee
41 485
37 820
37 820
-
income
3 696
2 790
3 204
-
other
414
378
290
-
pensions
4 248
3 872
2 970
-
health
1 605
1 464
1 122
-
unemployment
1 244
1 135
870
-
total
11 207
9 639
8 456
-
Employer
41 485
37 820
37 820
-
other
1 970
1 796
1 722
-
unemployment
1 244
1 135
870
-
health
1 569
1 430
1 097
-
surtax
-
-
-
-
accident
538
492
376
-
pensions
5 207
4 747
3 640
-
payroll
1 244
1 135
1 135
-
chamber of commerce
166
151
151
-
total
11 938
10 886
8 991
-
Corporate
3 602
3 602
25 408
-
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.

900
900
6 352
-
total
900
900
6 352
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 000
38 000
38 000
38 000
Total tax
24 045
21 425
23 799
16 517
After tax
13 955
16 575
14 201
21 483
Living cost
30 277
30 277
30 277
30 277
Free-cash
-16 322
-13 702
-16 076
-8 794

Estimated living cost  is ₽30277 per week

₽18163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3092
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.
₽8483
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18145
₽23845
₽25365
₽21547
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
38 000
microenterprise

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

-
-
-
380
total
-
-
-
380
Employee
15 319
-
38 000
-
income
3 064
-
7 600
-
total
3 064
-
7 600
-
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%.

22 681
38 000
-
-
total
-
-
-
-
Dividends
22 681
38 000
-
-
withholding
1 134
1 900
-
-
total
1 134
1 900
-
-
Income
38 000
38 000
38 000
38 000
Total tax
4 198
1 900
7 600
380
After tax
33 802
36 100
30 400
37 620
Living cost
12 255
12 255
12 255
12 255
Free-cash
21 547
23 845
18 145
25 365

Estimated living cost  is ₽12255 per week

₽8293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽514
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽411
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3036
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5168
₽707
-₽3964
-₽10500
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
38 000
health
-
-
-
3 741
income
-
-
-
5 771
pensions
-
-
-
6 939
unemployment
-
-
-
58
total
-
-
-
16 509
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.

41 966
-
32 880
-
income
7 237
-
5 326
-
pensions
6 505
-
5 097
-
health
2 710
-
2 123
-
unemployment
59
-
47
-
total
16 511
-
12 593
-
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.

41 966
-
32 880
-
unemployment
25
-
20
-
health
2 795
-
2 190
-
pensions
3 714
-
2 910
-
total
6 534
-
5 120
-
Corporate
-
38 000
-
-
income
-
7 220
-
-
total
-
7 220
-
-
Dividends
-
30 780
-
-
withholding
-
4 618
-
-
total
-
4 618
-
-
Income
38 000
38 000
38 000
38 000
Total tax
23 045
11 838
17 713
16 509
After tax
14 955
26 162
20 287
21 491
Living cost
25 455
25 455
25 455
25 455
Free-cash
-10 500
707
-5 168
-3 964

Estimated living cost  is ₽25455 per week

₽17469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1632
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5862
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18166
-₽19736
-₽16594
-₽110089
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
social contributions
-
-
-
4 332
income
-
-
-
7 407
total
-
-
-
11 739
Employee
61 448
-
1 830
-
social contributions
5 039
-
718
-
income
13 554
-
245
-
total
18 593
-
963
-
Employer
61 448
-
1 830
-
social contributions
86 641
-
12 348
-
total
86 641
-
12 348
-
Corporate
-
38 000
-
-
income
-
8 360
-
-
total
-
8 360
-
-
Dividends
-
29 640
-
-
income
-
6 521
-
-
total
-
6 521
-
-
Income
38 000
38 000
38 000
38 000
Total tax
105 234
14 881
13 311
11 739
After tax
-67 234
23 119
24 689
26 261
Living cost
42 855
42 855
42 855
42 855
Free-cash
-110 089
-19 736
-18 166
-16 594

Estimated living cost  is ₽42855 per week

₽27806
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4030
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10472
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8080
-₽8153
-₽7405
-₽16014
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
38 000
social contributions

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

-
-
-
13 205
income
-
-
-
2 432
surtax
-
-
-
-
total
-
-
-
15 637
Employee
43 648
-
30 706
-
surtax
-
-
-
-
social contributions
4 801
-
3 377
-
income
9 079
-
5 643
-
total
13 880
-
9 020
-
Employer
43 648
-
30 706
-
social contributions
10 366
-
7 292
-
total
10 366
-
7 292
-
Corporate
-
38 000
-
-
surtax
-
-
-
-
income
-
7 980
-
-
total
-
7 980
-
-
Dividends
-
30 020
-
-
withholding
-
8 405
-
-
total
-
8 405
-
-
Income
38 000
38 000
38 000
38 000
Total tax
24 246
16 385
16 312
15 637
After tax
13 754
21 615
21 688
22 363
Living cost
29 768
29 768
29 768
29 768
Free-cash
-16 014
-8 153
-8 080
-7 405

Estimated living cost  is ₽29768 per week

₽22272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21965
-₽26686
-₽22693
-₽40003
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
other
-
-
-
1 178
social contributions
-
-
-
1 084
health
-
-
-
330
income
-
-
-
877
pensions
-
-
-
11 387
surtax
-
-
-
-
total
-
-
-
14 856
Employee
59 439
-
28 956
-
surtax
-
-
-
-
social contributions
1 693
-
825
-
income
5 186
-
989
-
pensions
6 723
-
3 272
-
total
13 602
-
5 086
-
Employer
59 439
-
28 956
-
other
2 051
-
1 000
-
unemployment
2 408
-
1 172
-
health
4 160
-
2 026
-
pensions
9 767
-
4 758
-
social contributions
178
-
86
-
total
18 564
-
9 042
-
Corporate
-
38 000
-
-
surtax
-
-
-
-
income
-
10 640
-
-
total
-
10 640
-
-
Dividends
-
27 360
-
-
social contributions
-
4 706
-
-
surtax
-
-
-
-
withholding
-
3 503
-
-
total
-
8 209
-
-
Income
38 000
38 000
38 000
38 000
Total tax
32 166
18 849
14 128
14 856
After tax
5 834
19 151
23 872
23 144
Living cost
45 837
45 837
45 837
45 837
Free-cash
-40 003
-26 686
-21 965
-22 693

Estimated living cost  is ₽45837 per week

₽31022
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3750
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10437
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2235
₽5673
₽1113
₽2485
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
income
-
-
-
-
social contributions
-
-
-
8 360
total
-
-
-
8 360
Employee
30 510
-
32 900
-
income
-
-
-
-
social contributions
1 983
-
2 138
-
total
1 983
-
2 138
-
Employer
30 510
-
32 900
-
social contributions
4 729
-
5 100
-
total
4 729
-
5 100
-
Corporate
2 760
38 000
-
-
income
276
3 800
-
-
total
276
3 800
-
-
Dividends
2 485
34 200
-
-
total
-
-
-
-
Income
38 000
38 000
38 000
38 000
Total tax
6 988
3 800
7 238
8 360
After tax
31 012
34 200
30 762
29 640
Living cost
28 527
28 527
28 527
28 527
Free-cash
2 485
5 673
2 235
1 113

Estimated living cost  is ₽28527 per week

₽18445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7395
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽168436
-₽168436
-₽19907
-₽168436
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
labour market
-
-
-
2 974
pensions
-
-
-
821
national
-
-
-
3 165
municipal
-
-
-
5 316
total
-
-
-
12 276
Employee
192 597
192 597
192 597
-
labour market
15 386
15 386
15 386
-
municipal
41 012
41 012
41 012
-
national
23 529
23 529
23 529
-
pensions
274
274
274
-
total
80 201
80 201
80 201
-
Employer
192 597
192 597
192 597
-
national
23 570
23 570
23 570
-
labour market
15 408
15 408
15 408
-
pensions
548
548
548
-
municipal
41 078
41 078
41 078
-
total
80 604
80 604
80 604
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 000
38 000
38 000
38 000
Total tax
160 805
160 805
160 805
12 276
After tax
-122 805
-122 805
-122 805
25 724
Living cost
45 631
45 631
45 631
45 631
Free-cash
-168 436
-168 436
-168 436
-19 907

Estimated living cost  is ₽45631 per week

₽31230
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4037
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽702
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9662
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽649
-₽17639
₽5064
-₽1232
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
other
-
-
-
354
health
-
-
-
2 084
accident
-
-
-
241
income
-
-
-
5 563
pensions
-
-
-
3 977
total
-
-
-
12 219
Employee
32 589
-
31 566
-
income
4 471
-
4 331
-
pensions
3 670
-
3 554
-
health
3 732
-
3 614
-
total
11 873
-
11 499
-
Employer
32 589
-
31 566
-
unemployment
799
-
773
-
accident
544
-
527
-
pensions
5 299
-
5 133
-
total
6 642
-
6 433
-
Corporate
-
38 000
-
-
income

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

-
34 200
-
-
total
-
34 200
-
-
Dividends
-
3 800
-
-
withholding
-
722
-
-
total
-
722
-
-
Income
38 000
38 000
38 000
38 000
Total tax
18 515
34 922
17 932
12 219
After tax
19 485
3 078
20 068
25 781
Living cost
20 717
20 717
20 717
20 717
Free-cash
-1 232
-17 639
-649
5 064

Estimated living cost  is ₽20717 per week

₽15080
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4067
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12463
-₽10140
-₽5798
-₽21352
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
38 000
health
-
-
-
189
national
-
-
-
367
municipal
-
-
-
6 806
total
-
-
-
7 362
Employee
49 930
-
31 967
-
municipal
8 178
-
5 262
-
national
825
-
-
-
pensions
3 370
-
2 158
-
health
373
-
95
-
unemployment
749
-
479
-
total
13 495
-
7 994
-
Employer
49 930
-
31 967
-
unemployment
324
-
207
-
health
384
-
247
-
accident
50
-
32
-
pensions
8 663
-
5 547
-
total
9 421
-
6 033
-
Corporate
-
38 000
-
-
income
-
7 600
-
-
total
-
7 600
-
-
Dividends

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

-
22 800
-
-
national
-
-
-
-
municipal
-
4 104
-
-
total
-
4 104
-
-
Income
38 000
38 000
38 000
38 000
Total tax
22 916
11 704
14 027
7 362
After tax
15 084
26 296
23 973
30 638
Living cost
36 436
36 436
36 436
36 436
Free-cash
-21 352
-10 140
-12 463
-5 798

Estimated living cost  is ₽36436 per week

₽23800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3505
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1166
-₽5434
₽9129
₽1005
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
social contributions
-
-
-
5 929
health
-
-
-
969
income
-
-
-
-
total
-
-
-
6 898
Employee
72 976
72 976
72 976
-
social contributions
2 759
6 057
2 864
-
income
7 946
6 755
7 908
-
health
566
1 241
587
-
total
11 271
14 053
11 359
-
Employer
72 976
72 976
72 976
-
health
614
1 351
638
-
social contributions
2 759
6 057
2 864
-
total
3 373
7 408
3 502
-
Corporate
1 384
-
-
-
income
173
-
-
-
total
173
-
-
-
Dividends
1 211
-
-
-
withholding
205
-
-
-
total
205
-
-
-
Income
38 000
38 000
38 000
38 000
Total tax
15 022
21 461
14 861
6 898
After tax
22 978
16 539
23 139
31 102
Living cost
21 973
21 973
21 973
21 973
Free-cash
1 005
-5 434
1 166
9 129

Estimated living cost  is ₽21973 per week

₽13169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6163
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8569
₽16400
₽10633
₽11573
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 000
health
-
-
-
3 434
income
-
-
-
2 801
pensions
-
-
-
6 037
unemployment
-
-
-
27
total
-
-
-
12 299
Employee

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

21 783
-
34 450
-
income
1 489
-
2 545
-
pensions
3 267
-
5 167
-
health
1 851
-
2 928
-
unemployment
108
-
173
-
total
6 715
-
10 813
-
Employer

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

21 783
-
34 450
-
unemployment
108
-
173
-
health
936
-
1 482
-
pensions
1 198
-
1 895
-
total
2 242
-
3 550
-
Corporate
13 974
38 000
-
-
income
1 257
3 420
-
-
total
1 257
3 420
-
-
Dividends
12 717
34 580
-
-
withholding
1 145
3 112
-
-
total
1 145
3 112
-
-
Income
38 000
38 000
38 000
38 000
Total tax
11 359
6 532
14 363
12 299
After tax
26 641
31 468
23 637
25 701
Living cost
15 068
15 068
15 068
15 068
Free-cash
11 573
16 400
8 569
10 633

Estimated living cost  is ₽15068 per week

₽9614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1086
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5303
-₽363
-₽4761
-₽8278
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
other
-
-
-
38
accident
-
-
-
342
income
-
-
-
5 263
pensions
-
-
-
10 754
unemployment
-
-
-
267
total
-
-
-
16 664
Employee
35 091
-
27 897
-
income
6 765
-
5 090
-
other
34
-
32
-
pensions
1 650
-
1 489
-
unemployment
544
-
492
-
total
8 993
-
7 103
-
Employer
35 091
-
27 897
-
other
281
-
254
-
unemployment
1 931
-
1 743
-
accident
695
-
627
-
pensions
8 281
-
7 479
-
total
11 188
-
10 103
-
Corporate
-
38 000
-
-
income

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

-
5 700
-
-
total
-
5 700
-
-
Dividends
-
32 300
-
-
withholding
-
6 566
-
-
total
-
6 566
-
-
Income
38 000
38 000
38 000
38 000
Total tax
20 181
12 266
17 206
16 664
After tax
17 819
25 734
20 794
21 336
Living cost
26 097
26 097
26 097
26 097
Free-cash
-8 278
-363
-5 303
-4 761

Estimated living cost  is ₽26097 per week

₽17615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2509
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.
₽5516
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21781
₽21952
₽21906
₽21662
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
health
-
-
-
931
income
-
-
-
12 119
pensions
-
-
-
1 284
total
-
-
-
14 334
Employee
2 680
-
36 556
-
income
518
-
12 052
-
pensions
241
-
578
-
health
134
-
321
-
unemployment
27
-
64
-
total
920
-
13 015
-
Employer
2 680
-
36 556
-
unemployment
54
-
128
-
health
255
-
610
-
pensions
295
-
706
-
total
604
-
1 444
-
Corporate
34 717
38 000
-
-
income
7 638
8 360
-
-
total
7 638
8 360
-
-
Dividends
27 079
29 640
-
-
withholding
5 416
5 928
-
-
total
5 416
5 928
-
-
Income
38 000
38 000
38 000
38 000
Total tax
14 578
14 288
14 459
14 334
After tax
23 422
23 712
23 541
23 666
Living cost
1 760
1 760
1 760
1 760
Free-cash
21 662
21 952
21 781
21 906

Estimated living cost  is ₽1760 per week

₽1046
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽143
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽40
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4526
₽11078
₽2891
₽6419
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
38 000
health
-
-
-
3 914
income
-
-
-
4 368
pensions
-
-
-
9 880
unemployment
-
-
-
570
total
-
-
-
18 732
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.

24 695
-
32 231
-
income
3 404
-
4 913
-
pensions
3 457
-
4 512
-
health
1 272
-
1 660
-
unemployment
185
-
242
-
total
8 318
-
11 327
-
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.

24 695
-
32 231
-
unemployment
185
-
242
-
health
1 272
-
1 660
-
pensions
2 963
-
3 868
-
total
4 420
-
5 770
-
Corporate
8 885
38 000
-
-
income
1 333
5 700
-
-
total
1 333
5 700
-
-
Dividends
7 552
32 300
-
-
withholding
1 133
4 845
-
-
total
1 133
4 845
-
-
Income
38 000
38 000
38 000
38 000
Total tax
15 204
10 545
17 097
18 732
After tax
22 796
27 455
20 903
19 268
Living cost
16 377
16 377
16 377
16 377
Free-cash
6 419
11 078
4 526
2 891

Estimated living cost  is ₽16377 per week

₽11026
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1267
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3897
-₽3970
-₽3222
-₽7581
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
38 000
social contributions

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

-
-
-
13 205
income
-
-
-
2 432
surtax
-
-
-
-
total
-
-
-
15 637
Employee
36 834
-
30 706
-
surtax
-
-
-
-
social contributions
4 052
-
3 377
-
income
7 197
-
5 643
-
total
11 249
-
9 020
-
Employer
36 834
-
30 706
-
social contributions
8 747
-
7 292
-
total
8 747
-
7 292
-
Corporate
-
38 000
-
-
surtax
-
-
-
-
income
-
7 980
-
-
total
-
7 980
-
-
Dividends
-
30 020
-
-
withholding
-
8 405
-
-
total
-
8 405
-
-
Income
38 000
38 000
38 000
38 000
Total tax
19 996
16 385
16 312
15 637
After tax
18 004
21 615
21 688
22 363
Living cost
25 585
25 585
25 585
25 585
Free-cash
-7 581
-3 970
-3 897
-3 222

Estimated living cost  is ₽25585 per week

₽18121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12559
-₽7619
-₽12017
-₽22448
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
other
-
-
-
38
accident
-
-
-
342
income
-
-
-
5 263
pensions
-
-
-
10 754
unemployment
-
-
-
267
total
-
-
-
16 664
Employee
45 834
-
27 897
-
income
9 573
-
5 090
-
other
45
-
32
-
pensions
2 154
-
1 489
-
unemployment
710
-
492
-
total
12 482
-
7 103
-
Employer
45 834
-
27 897
-
other
367
-
254
-
unemployment
2 521
-
1 743
-
accident
908
-
627
-
pensions
10 817
-
7 479
-
total
14 613
-
10 103
-
Corporate
-
38 000
-
-
income

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

-
5 700
-
-
total
-
5 700
-
-
Dividends
-
32 300
-
-
withholding
-
6 566
-
-
total
-
6 566
-
-
Income
38 000
38 000
38 000
38 000
Total tax
27 095
12 266
17 206
16 664
After tax
10 905
25 734
20 794
21 336
Living cost
33 353
33 353
33 353
33 353
Free-cash
-22 448
-7 619
-12 559
-12 017

Estimated living cost  is ₽33353 per week

₽23953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2593
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.
₽6338
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7834
₽16333
₽7384
₽10609
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
health
-
-
-
3 773
income
-
-
-
5 700
pensions

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

-
-
-
4 855
unemployment
-
-
-
131
total
-
-
-
14 459
Employee
21 394
-
31 768
-
income
2 140
-
3 177
-
accident

We are using the highest rate at 1.1%.

235
-
349
-
pensions

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

1 878
-
2 789
-
health
984
-
1 462
-
total
5 237
-
7 777
-
Employer
21 394
-
31 768
-
unemployment
128
-
190
-
health
1 476
-
2 192
-
accident

We are using the highest rate at 1.1%.

235
-
349
-
pensions

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

2 358
-
3 501
-
total
4 197
-
6 232
-
Corporate
12 409
38 000
-
-
income
1 241
3 800
-
-
total
1 241
3 800
-
-
Dividends
11 167
34 200
-
-
withholding
559
1 710
-
-
total
559
1 710
-
-
Income
38 000
38 000
38 000
38 000
Total tax
11 234
5 510
14 009
14 459
After tax
26 766
32 490
23 991
23 541
Living cost
16 157
16 157
16 157
16 157
Free-cash
10 609
16 333
7 834
7 384

Estimated living cost  is ₽16157 per week

₽10686
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.
₽4161
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6644
-₽16869
-₽6644
-₽9219
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
38 000
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.

-
-
-
6 483
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.

-
-
-
1 443
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.

-
-
-
79
trade
-
-
-
-
total
-
-
-
8 005
Employee

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

47 220
-
38 000
-
surtax

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

214
-
79
-
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.

3 883
-
1 443
-
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.

6 483
-
6 483
-
total
10 580
-
8 005
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
38 000
-
-
chamber of commerce
-
200
-
-
surtax

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

-
313
-
-
trade
-
5 453
-
-
income
-
5 700
-
-
total
-
11 666
-
-
Dividends
-
26 333
-
-
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.

-
342
-
-
withholding
-
6 222
-
-
total
-
6 564
-
-
Income
38 000
38 000
38 000
38 000
Total tax
10 580
18 230
8 005
8 005
After tax
27 420
19 770
29 995
29 995
Living cost
36 639
36 639
36 639
36 639
Free-cash
-9 219
-16 869
-6 644
-6 644

Estimated living cost  is ₽36639 per week

₽25275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3942
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.
₽6890
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22869
-₽27461
-₽22869
-₽36236
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
income
-
-
-
4 628
social contributions
-
-
-
2 180
total
-
-
-
6 808
Employee
74 235
-
38 000
-
income
14 008
-
4 628
-
social contributions
6 167
-
2 180
-
total
20 175
-
6 808
-
Employer
74 235
-
38 000
-
total
-
-
-
-
Corporate
-
38 000
-
-
income
-
4 749
-
-
total
-
4 749
-
-
Dividends
-
33 251
-
-
withholding
-
6 651
-
-
total
-
6 651
-
-
Income
38 000
38 000
38 000
38 000
Total tax
20 175
11 400
6 808
6 808
After tax
17 825
26 600
31 192
31 192
Living cost
54 061
54 061
54 061
54 061
Free-cash
-36 236
-27 461
-22 869
-22 869

Estimated living cost  is ₽54061 per week

₽41129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8011
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6072
-₽13455
-₽29324
-₽12731
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
38 000
income
-
-
-
27 014
health

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

-
-
-
5 860
total
-
-
-
32 874
Employee
43 536
-
34 539
-
income
4 724
-
2 700
-
social contributions
4 362
-
3 461
-
total
9 086
-
6 161
-
Employer
43 536
-
34 539
-
social contributions
4 362
-
3 461
-
total
4 362
-
3 461
-
Corporate
-
38 000
-
-
income
-
13 300
-
-
total
-
13 300
-
-
Dividends
-
24 700
-
-
social contributions
2 833
3 705
-
-
total
2 833
3 705
-
-
Income
38 000
38 000
38 000
38 000
Total tax
16 281
17 005
9 622
32 874
After tax
21 719
20 995
28 378
5 126
Living cost
34 450
34 450
34 450
34 450
Free-cash
-12 731
-13 455
-6 072
-29 324

Estimated living cost  is ₽34450 per week

₽22692
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9499
-₽6641
-₽6186
-₽15982
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
income
-
-
-
7 232
pensions
-
-
-
1 842
total
-
-
-
9 074
Employee
48 196
-
34 384
-
income
8 777
-
6 404
-
health
629
-
346
-
pensions
3 679
-
2 021
-
total
13 085
-
8 771
-
Employer
48 196
-
34 384
-
health
916
-
654
-
pensions
4 869
-
2 962
-
total
5 785
-
3 616
-
Corporate
-
38 000
-
-
income

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

-
7 220
-
-
total
-
7 220
-
-
Dividends
-
30 780
-
-
withholding
-
2 309
-
-
total
-
2 309
-
-
Income
38 000
38 000
38 000
38 000
Total tax
18 870
9 529
12 387
9 074
After tax
19 130
28 471
25 613
28 926
Living cost
35 112
35 112
35 112
35 112
Free-cash
-15 982
-6 641
-9 499
-6 186

Estimated living cost  is ₽35112 per week

₽24087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3229
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7355
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽2700
-₽19690
₽3013
-₽5114
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
other
-
-
-
354
health
-
-
-
2 084
accident
-
-
-
241
income
-
-
-
5 563
pensions
-
-
-
3 977
total
-
-
-
12 219
Employee
35 815
-
31 566
-
income
4 914
-
4 331
-
pensions
4 033
-
3 554
-
health
4 101
-
3 614
-
total
13 048
-
11 499
-
Employer
35 815
-
31 566
-
unemployment
877
-
773
-
accident
598
-
527
-
pensions
5 823
-
5 133
-
total
7 298
-
6 433
-
Corporate
-
38 000
-
-
income

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

-
34 200
-
-
total
-
34 200
-
-
Dividends
-
3 800
-
-
withholding
-
722
-
-
total
-
722
-
-
Income
38 000
38 000
38 000
38 000
Total tax
20 346
34 922
17 932
12 219
After tax
17 654
3 078
20 068
25 781
Living cost
22 768
22 768
22 768
22 768
Free-cash
-5 114
-19 690
-2 700
3 013

Estimated living cost  is ₽22768 per week

₽16709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1327
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10435
₽19500
₽10435
₽14892
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
38 000
income
-
-
-
4 315
health insurance
-
-
-
2 812
work injury
-
-
-
190
pensions
-
-
-
6 992
unemployment
-
-
-
456
total
-
-
-
14 765
Employee

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

20 480
-
38 000
-
income
2 048
-
4 315
-
work injury
102
-
190
-
health insurance
1 516
-
2 812
-
pensions
3 768
-
6 992
-
unemployment
246
-
456
-
total
7 680
-
14 765
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
17 520
38 000
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
17 520
38 000
-
-
withholding
2 628
5 700
-
-
total
2 628
5 700
-
-
Income
38 000
38 000
38 000
38 000
Total tax
10 308
5 700
14 765
14 765
After tax
27 692
32 300
23 235
23 235
Living cost
12 800
12 800
12 800
12 800
Free-cash
14 892
19 500
10 435
10 435

Estimated living cost  is ₽12800 per week

₽7930
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽930
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3541
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19078
-₽17792
-₽16876
-₽41971
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
social contributions
-
-
-
9 774
national
-
-
-
6 541
regional
-
-
-
500
municipal
-
-
-
254
total
-
-
-
17 069
Employee
79 971
-
38 000
-
social contributions
26 966
-
12 814
-
municipal
477
-
227
-
national
13 514
-
5 794
-
regional
1 207
-
436
-
total
42 164
-
19 271
-
Employer
79 971
-
38 000
-
total
-
-
-
-
Corporate
-
38 000
-
-
nationa
-
9 120
-
-
municipal
-
1 832
-
-
total
-
10 952
-
-
Dividends
-
27 048
-
-
withholding
-
7 033
-
-
total
-
7 033
-
-
Income
38 000
38 000
38 000
38 000
Total tax
42 164
17 985
19 271
17 069
After tax
-4 164
20 015
18 729
20 931
Living cost
37 807
37 807
37 807
37 807
Free-cash
-41 971
-17 792
-19 078
-16 876

Estimated living cost  is ₽37807 per week

₽26557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2601
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8077
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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