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
₽1557
-₽9040
₽1302
₽1557
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
-
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.

-
-
-
6 409
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.

-
-
-
84
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.

-
-
-
1 536
total
-
-
-
8 029
Employee

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

35 880
-
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.

55
-
84
-
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.

1 002
-
1 536
-
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.

6 409
-
6 409
-
total
7 466
-
8 029
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
2 120
38 000
-
-
trade
335
5 985
-
-
income
319
5 700
-
-
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.

18
313
-
-
total
818
12 196
-
-
Dividends
1 303
25 804
-
-
withholding
-
6 095
-
-
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
-
-
total
-
6 430
-
-
Income
38 000
38 000
38 000
38 000
Total tax
8 284
18 626
8 029
8 029
After tax
29 716
19 374
29 971
29 971
Living cost
28 414
28 414
28 414
28 414
Free-cash
1 302
-9 040
1 557
1 557

Estimated living cost  is ₽28414 per week

₽17873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3313
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6697
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24835
-₽25972
-₽46009
-₽24536
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
3 209
pensions
-
-
-
4 560
social contributions
-
-
-
409
national
-
-
-
4 973
total
-
-
-
13 151
Employee
77 020
-
32 851
-
municipal
9 513
-
3 356
-
national
14 741
-
5 201
-
pensions
3 081
-
1 314
-
total
27 335
-
9 871
-
Employer
77 020
-
32 851
-
pensions
6 162
-
2 628
-
social contributions
828
-
353
-
total
6 990
-
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
34 325
14 288
12 852
13 151
After tax
3 675
23 712
25 148
24 849
Living cost
49 684
49 684
49 684
49 684
Free-cash
-46 009
-25 972
-24 536
-24 835

Estimated living cost  is ₽49684 per week

₽33770
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4619
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9831
₽10884
₽3188
₽2288
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
2 953
income
-
-
-
-
microenterprise
-
-
-
5 700
total
-
-
-
8 653
Employee
27 411
-
30 623
-
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.

3 016
-
3 368
-
surtax
-
-
-
-
income
4 879
-
5 451
-
total
7 895
-
8 819
-
Employer
27 411
-
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.

6 603
-
7 377
-
total
6 603
-
7 377
-
Corporate
3 986
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%.

798
7 600
-
-
total
798
7 600
-
-
Dividends

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

3 189
30 400
-
-
total
-
-
-
-
Income
38 000
38 000
38 000
38 000
Total tax
15 296
7 600
16 196
8 653
After tax
22 704
30 400
21 804
29 347
Living cost
19 516
19 516
19 516
19 516
Free-cash
3 188
10 884
2 288
9 831

Estimated living cost  is ₽19516 per week

₽12451
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17416
-₽49887
-₽55152
-₽55152
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
6 839
health
-
-
-
5 834
income
-
-
-
3 446
total
-
-
-
16 119
Employee
80 108
80 108
80 108
-
pensions
14 419
10 991
14 419
-
income

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

13 112
13 112
13 112
-
health
12 296
10 459
12 296
-
total
39 827
34 562
39 827
-
Employer
80 108
80 108
80 108
-
pensions
5 576
5 576
5 576
-
unemployment
2 884
2 884
2 884
-
health
5 568
5 568
5 568
-
total
14 028
14 028
14 028
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
38 000
38 000
38 000
38 000
Total tax
53 855
48 590
53 855
16 119
After tax
-15 855
-10 590
-15 855
21 881
Living cost
39 297
39 297
39 297
39 297
Free-cash
-55 152
-49 887
-55 152
-17 416

Estimated living cost  is ₽39297 per week

₽27849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3543
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19678
-₽17872
-₽34321
-₽18327
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
municipal
-
-
-
8 049
pensions
-
-
-
4 108
health
-
-
-
2 371
other
-
-
-
4 416
unemployment
-
-
-
38
accident
-
-
-
76
national
-
-
-
-
total
-
-
-
19 058
Employee
55 030
-
28 915
-
municipal
16 410
-
8 622
-
national
-
-
-
-
total
16 410
-
8 622
-
Employer
55 030
-
28 915
-
pensions
5 949
-
3 126
-
other
6 395
-
3 360
-
unemployment
1 453
-
763
-
accident
110
-
58
-
health
3 384
-
1 778
-
total
17 291
-
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
33 701
17 252
17 707
19 058
After tax
4 299
20 748
20 293
18 942
Living cost
38 620
38 620
38 620
38 620
Free-cash
-34 321
-17 872
-18 327
-19 678

Estimated living cost  is ₽38620 per week

₽25596
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3790
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6881
-₽17670
-₽9571
-₽6881
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
-
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.

-
-
-
6 409
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.

-
-
-
84
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.

-
-
-
1 536
total
-
-
-
8 029
Employee

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

47 572
-
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.

224
-
84
-
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.

4 087
-
1 536
-
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.

6 409
-
6 409
-
total
10 720
-
8 029
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
38 000
-
-
trade
-
6 250
-
-
income
-
5 700
-
-
chamber of commerce
-
196
-
-
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
-
-
total
-
12 459
-
-
Dividends
-
25 541
-
-
withholding
-
6 029
-
-
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
-
-
total
-
6 360
-
-
Income
38 000
38 000
38 000
38 000
Total tax
10 720
18 819
8 029
8 029
After tax
27 280
19 181
29 971
29 971
Living cost
36 852
36 852
36 852
36 852
Free-cash
-9 571
-17 670
-6 881
-6 881

Estimated living cost  is ₽36852 per week

₽24647
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3886
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7769
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽678
-₽13639
-₽8509
-₽7181
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
968
social contributions
-
-
-
5 928
income
-
-
-
-
total
-
-
-
6 896
Employee
72 134
72 134
72 134
-
social contributions
3 505
5 987
2 863
-
income
7 575
6 677
7 806
-
health
717
1 227
586
-
total
11 797
13 891
11 255
-
Employer
72 134
72 134
72 134
-
social contributions
3 505
5 987
2 863
-
health
781
1 335
637
-
total
4 286
7 322
3 500
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 000
38 000
38 000
38 000
Total tax
16 083
21 213
14 755
6 896
After tax
21 917
16 787
23 245
31 104
Living cost
30 426
30 426
30 426
30 426
Free-cash
-8 509
-13 639
-7 181
678

Estimated living cost  is ₽30426 per week

₽20800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6740
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9118
₽4409
₽4766
₽4822
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
3 800
health
-
-
-
2 660
unemployment
-
-
-
570
income
-
-
-
4 645
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.

24 838
9 885
31 799
-
pensions
2 484
989
3 180
-
unemployment
373
148
477
-
income
3 037
1 208
3 887
-
health
1 739
692
2 226
-
total
7 633
3 037
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.

24 838
9 885
31 799
-
pensions
4 844
1 928
6 201
-
total
4 844
1 928
6 201
-
Corporate
8 318
26 187
-
-
income
749
2 357
-
-
total
749
2 357
-
-
Dividends
7 569
23 830
-
-
withholding
1 438
4 528
-
-
social contributions
1 363
4 534
-
-
total
2 801
9 062
-
-
Income
38 000
38 000
38 000
38 000
Total tax
16 027
16 384
15 971
11 675
After tax
21 973
21 616
22 029
26 325
Living cost
17 207
17 207
17 207
17 207
Free-cash
4 766
4 409
4 822
9 118

Estimated living cost  is ₽17207 per week

₽11742
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1408
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽344
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3713
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽153
₽7742
₽1914
₽1185
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
7 600
health
-
-
-
4 940
income
-
-
-
2 955
total
-
-
-
15 495
Employee
26 612
-
28 400
-
pensions
532
-
568
-
unemployment
425
-
454
-
income
2 996
-
3 534
-
total
3 953
-
4 556
-
Employer
26 612
-
28 400
-
pensions
5 323
-
5 681
-
unemployment
214
-
228
-
health
3 459
-
3 692
-
total
8 996
-
9 601
-
Corporate
2 393
38 000
-
-
income
479
7 600
-
-
total
479
7 600
-
-
Dividends
1 914
30 400
-
-
total
-
-
-
-
Income
38 000
38 000
38 000
38 000
Total tax
13 428
7 600
14 157
15 495
After tax
24 572
30 400
23 843
22 505
Living cost
22 658
22 658
22 658
22 658
Free-cash
1 914
7 742
1 185
-153

Estimated living cost  is ₽22658 per week

₽15541
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1349
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5312
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4865
-₽17860
-₽1650
-₽870
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
3 960
health
-
-
-
2 076
other
-
-
-
353
accident
-
-
-
240
income
-
-
-
5 568
total
-
-
-
12 197
Employee
32 937
-
31 567
-
pensions
3 709
-
3 554
-
income
4 519
-
4 331
-
health
3 771
-
3 614
-
total
11 999
-
11 499
-
Employer
32 937
-
31 567
-
pensions
5 356
-
5 133
-
unemployment
807
-
773
-
accident
550
-
527
-
total
6 713
-
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
18 712
34 922
17 932
12 197
After tax
19 288
3 078
20 068
25 803
Living cost
20 938
20 938
20 938
20 938
Free-cash
-1 650
-17 860
-870
4 865

Estimated living cost  is ₽20938 per week

₽15346
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3996
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29947
₽28427
₽26988
₽22727
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 591
-
38 000
-
income
1 918
-
7 600
-
total
1 918
-
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%.

28 409
38 000
-
-
total
-
-
-
-
Dividends
28 409
38 000
-
-
withholding
1 421
1 900
-
-
total
1 421
1 900
-
-
Income
38 000
38 000
38 000
38 000
Total tax
3 339
1 900
7 600
380
After tax
34 661
36 100
30 400
37 620
Living cost
7 673
7 673
7 673
7 673
Free-cash
26 988
28 427
22 727
29 947

Estimated living cost  is ₽7673 per week

₽4755
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽638
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽211
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2069
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4419
₽2922
-₽4645
-₽2720
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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
health
-
-
-
1 672
other
-
-
-
1 805
income
-
-
-
4 826
total
-
-
-
17 423
Employee
34 061
-
30 349
-
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.

2 384
-
2 124
-
unemployment
340
-
303
-
income
5 864
-
5 225
-
health
477
-
425
-
total
9 065
-
8 077
-
Employer
34 061
-
30 349
-
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.

5 791
-
5 159
-
other
1 704
-
1 518
-
unemployment
340
-
303
-
accident
272
-
242
-
health
477
-
425
-
total
8 584
-
7 647
-
Corporate
-
38 000
-
-
income
-
7 981
-
-
total
-
7 981
-
-
Dividends
-
30 019
-
-
withholding
-
2 101
-
-
total
-
2 101
-
-
Income
38 000
38 000
38 000
38 000
Total tax
17 649
10 082
15 724
17 423
After tax
20 351
27 918
22 276
20 577
Living cost
24 996
24 996
24 996
24 996
Free-cash
-4 645
2 922
-2 720
-4 419

Estimated living cost  is ₽24996 per week

₽17661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1688
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5244
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽32969
-₽33397
-₽61532
-₽36319
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
1 876
income
-
-
-
7 224
total
-
-
-
9 100
Employee
87 535
-
34 351
-
pensions
8 445
-
2 062
-
income
15 779
-
6 387
-
health
1 442
-
352
-
total
25 666
-
8 801
-
Employer
87 535
-
34 351
-
pensions
10 335
-
2 997
-
health
1 662
-
652
-
total
11 997
-
3 649
-
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
-
2 308
-
-
total
-
2 308
-
-
Income
38 000
38 000
38 000
38 000
Total tax
37 663
9 528
12 450
9 100
After tax
337
28 472
25 550
28 900
Living cost
61 869
61 869
61 869
61 869
Free-cash
-61 532
-33 397
-36 319
-32 969

Estimated living cost  is ₽61869 per week

₽46359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7269
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽11242
₽20185
₽15826
₽11686
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
4 852
health
-
-
-
3 770
unemployment
-
-
-
131
income
-
-
-
5 700
total
-
-
-
14 453
Employee
16 294
-
31 768
-
accident

We are using the highest rate at 1.1%.

179
-
350
-
pensions

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

1 431
-
2 789
-
income
1 629
-
3 177
-
health
749
-
1 461
-
total
3 988
-
7 777
-
Employer
16 294
-
31 768
-
pensions

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

1 796
-
3 500
-
unemployment
97
-
190
-
accident

We are using the highest rate at 1.1%.

179
-
350
-
health
1 125
-
2 192
-
total
3 197
-
6 232
-
Corporate
18 509
38 000
-
-
income
1 851
3 800
-
-
total
1 851
3 800
-
-
Dividends
16 658
34 200
-
-
withholding
833
1 710
-
-
total
833
1 710
-
-
Income
38 000
38 000
38 000
38 000
Total tax
9 869
5 510
14 009
14 453
After tax
28 131
32 490
23 991
23 547
Living cost
12 305
12 305
12 305
12 305
Free-cash
15 826
20 185
11 686
11 242

Estimated living cost  is ₽12305 per week

₽7184
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.
₽3917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30137
-₽62608
-₽64199
-₽67873
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
6 839
health
-
-
-
5 834
income
-
-
-
3 446
total
-
-
-
16 119
Employee
86 971
80 108
80 108
-
pensions
10 991
10 991
14 419
-
income

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

13 112
13 112
13 112
-
health
10 850
10 459
12 296
-
total
34 953
34 562
39 827
-
Employer
86 971
80 108
80 108
-
pensions
6 053
5 576
5 576
-
unemployment
3 131
2 884
2 884
-
health
6 044
5 568
5 568
-
total
15 228
14 028
14 028
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
38 000
38 000
38 000
38 000
Total tax
50 181
48 590
53 855
16 119
After tax
-12 181
-10 590
-15 855
21 881
Living cost
52 018
52 018
52 018
52 018
Free-cash
-64 199
-62 608
-67 873
-30 137

Estimated living cost  is ₽52018 per week

₽38372
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4646
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8404
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4806
₽2849
-₽7943
-₽4030
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 130
social contributions
-
-
-
11 096
solidarity contribution
-
-
-
-
income
-
-
-
3 266
total
-
-
-
19 492
Employee
34 286
-
28 358
-
social contributions
2 229
-
1 843
-
income
4 114
-
3 403
-
solidarity contribution
-
-
-
-
health
4 629
-
3 828
-
total
10 972
-
9 074
-
Employer
34 286
-
28 358
-
social contributions
8 571
-
7 090
-
health
3 086
-
2 552
-
total
11 657
-
9 642
-
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
22 629
11 837
18 716
19 492
After tax
15 371
26 163
19 284
18 508
Living cost
23 314
23 314
23 314
23 314
Free-cash
-7 943
2 849
-4 030
-4 806

Estimated living cost  is ₽23314 per week

₽16194
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1659
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.
₽5003
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18488
-₽19308
-₽45370
-₽20701
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
226
regional
-
-
-
353
social contributions
-
-
-
9 773
national
-
-
-
6 553
total
-
-
-
16 905
Employee
83 370
-
38 000
-
social contributions
28 113
-
12 814
-
municipal
441
-
201
-
regional
787
-
310
-
national
14 446
-
5 793
-
total
43 787
-
19 118
-
Employer
83 370
-
38 000
-
total
-
-
-
-
Corporate
-
38 000
-
-
nationa
-
9 120
-
-
municipal
-
1 483
-
-
total
-
10 603
-
-
Dividends
-
27 397
-
-
withholding
-
7 122
-
-
total
-
7 122
-
-
Income
38 000
38 000
38 000
38 000
Total tax
43 787
17 725
19 118
16 905
After tax
-5 787
20 275
18 882
21 095
Living cost
39 583
39 583
39 583
39 583
Free-cash
-45 370
-19 308
-20 701
-18 488

Estimated living cost  is ₽39583 per week

₽27593
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8787
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1155
₽3203
₽282
₽243
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
7 600
health
-
-
-
2 699
surtax
-
-
-
135
other
-
-
-
-
unemployment
-
-
-
214
income
-
-
-
5 497
total
-
-
-
16 145
Employee
31 022
-
31 392
-
surtax
101
-
109
-
pensions
2 069
-
2 093
-
other
-
-
-
-
unemployment
2 159
-
2 184
-
income
5 200
-
5 262
-
health
792
-
801
-
total
10 321
-
10 449
-
Employer
31 022
-
31 392
-
pensions
4 135
-
4 185
-
other
-
-
-
-
unemployment
983
-
995
-
health
1 412
-
1 428
-
total
6 530
-
6 608
-
Corporate
449
38 000
-
-
income
117
9 880
-
-
total
117
9 880
-
-
Dividends
331
28 120
-
-
withholding
50
4 217
-
-
total
50
4 217
-
-
Income
38 000
38 000
38 000
38 000
Total tax
17 018
14 097
17 057
16 145
After tax
20 982
23 903
20 943
21 855
Living cost
20 700
20 700
20 700
20 700
Free-cash
282
3 203
243
1 155

Estimated living cost  is ₽20700 per week

₽12657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1910
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13367
-₽13795
-₽28128
-₽16717
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
1 876
income
-
-
-
7 224
total
-
-
-
9 100
Employee
58 664
-
34 351
-
pensions
4 979
-
2 062
-
income
10 566
-
6 387
-
health
852
-
352
-
total
16 397
-
8 801
-
Employer
58 664
-
34 351
-
pensions
6 350
-
2 997
-
health
1 114
-
652
-
total
7 464
-
3 649
-
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
-
2 308
-
-
total
-
2 308
-
-
Income
38 000
38 000
38 000
38 000
Total tax
23 861
9 528
12 450
9 100
After tax
14 139
28 472
25 550
28 900
Living cost
42 267
42 267
42 267
42 267
Free-cash
-28 128
-13 795
-16 717
-13 367

Estimated living cost  is ₽42267 per week

₽31666
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3168
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6990
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽42409
-₽57542
-₽58027
-₽45144
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
552
city
-
-
-
398
pensions
-
-
-
3 494
health
-
-
-
244
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.

-
-
-
760
national
-
-
-
42
total
-
-
-
5 490
Employee
87 674
-
33 576
-
regional
2 871
-
418
-
national
415
-
15
-
pensions
7 366
-
3 308
-
unemployment
-
-
-
-
city
941
-
354
-
health
198
-
75
-
total
11 791
-
4 170
-
Employer
87 674
-
33 576
-
pensions
7 366
-
3 308
-
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.

1 753
-
672
-
unemployment
-
-
-
-
health
198
-
75
-
total
9 317
-
4 055
-
Corporate
-
38 000
-
-
regional
-
8 037
-
-
national
-
3 231
-
-
total
-
11 268
-
-
Dividends
-
26 732
-
-
withholding
-
9 355
-
-
total
-
9 355
-
-
Income
38 000
38 000
38 000
38 000
Total tax
21 108
20 623
8 225
5 490
After tax
16 892
17 377
29 775
32 510
Living cost
74 919
74 919
74 919
74 919
Free-cash
-58 027
-57 542
-45 144
-42 409

Estimated living cost  is ₽74919 per week

₽48718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6723
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽920
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18557
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽13003
-₽23990
-₽18377
-₽13003
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
-
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.

-
-
-
6 409
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.

-
-
-
84
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.

-
-
-
1 536
total
-
-
-
8 029
Employee

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

56 377
-
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.

365
-
84
-
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.

6 629
-
1 536
-
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.

6 409
-
6 409
-
total
13 403
-
8 029
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
38 000
-
-
trade
-
6 517
-
-
income
-
5 700
-
-
chamber of commerce
-
196
-
-
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
-
-
total
-
12 726
-
-
Dividends
-
25 274
-
-
withholding
-
5 962
-
-
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
-
-
total
-
6 290
-
-
Income
38 000
38 000
38 000
38 000
Total tax
13 403
19 016
8 029
8 029
After tax
24 597
18 984
29 971
29 971
Living cost
42 974
42 974
42 974
42 974
Free-cash
-18 377
-23 990
-13 003
-13 003

Estimated living cost  is ₽42974 per week

₽31386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7592
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8964
-₽12944
-₽14686
-₽8256
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
11 372
health
-
-
-
329
surtax
-
-
-
-
other
-
-
-
1 178
social contributions
-
-
-
1 082
income
-
-
-
908
total
-
-
-
14 869
Employee
40 148
-
28 955
-
social contributions
1 145
-
826
-
surtax
-
-
-
-
pensions
4 539
-
3 274
-
income
2 369
-
1 016
-
total
8 053
-
5 116
-
Employer
40 148
-
28 955
-
pensions
6 596
-
4 758
-
social contributions
121
-
87
-
other
1 385
-
999
-
unemployment
1 625
-
1 173
-
health
2 811
-
2 028
-
total
12 538
-
9 045
-
Corporate
-
38 000
-
-
income
-
10 640
-
-
surtax
-
-
-
-
total
-
10 640
-
-
Dividends
-
27 360
-
-
withholding
-
3 502
-
-
surtax
-
-
-
-
social contributions
-
4 707
-
-
total
-
8 209
-
-
Income
38 000
38 000
38 000
38 000
Total tax
20 591
18 849
14 161
14 869
After tax
17 409
19 151
23 839
23 131
Living cost
32 095
32 095
32 095
32 095
Free-cash
-14 686
-12 944
-8 256
-8 964

Estimated living cost  is ₽32095 per week

₽20237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2610
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8703
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5784
-₽9764
-₽9030
-₽5076
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
11 372
health
-
-
-
329
surtax
-
-
-
-
other
-
-
-
1 178
social contributions
-
-
-
1 082
income
-
-
-
908
total
-
-
-
14 869
Employee
35 838
-
28 955
-
social contributions
1 022
-
826
-
surtax
-
-
-
-
pensions
4 053
-
3 274
-
income
1 848
-
1 016
-
total
6 923
-
5 116
-
Employer
35 838
-
28 955
-
pensions
5 889
-
4 758
-
social contributions
107
-
87
-
other
1 237
-
999
-
unemployment
1 451
-
1 173
-
health
2 508
-
2 028
-
total
11 192
-
9 045
-
Corporate
-
38 000
-
-
income
-
10 640
-
-
surtax
-
-
-
-
total
-
10 640
-
-
Dividends
-
27 360
-
-
withholding
-
3 502
-
-
surtax
-
-
-
-
social contributions
-
4 707
-
-
total
-
8 209
-
-
Income
38 000
38 000
38 000
38 000
Total tax
18 115
18 849
14 161
14 869
After tax
19 885
19 151
23 839
23 131
Living cost
28 915
28 915
28 915
28 915
Free-cash
-9 030
-9 764
-5 076
-5 784

Estimated living cost  is ₽28915 per week

₽16769
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2937
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8661
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4512
₽3292
₽2536
₽3481
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 652
social contributions
-
-
-
5 244
income
-
-
-
5 700
total
-
-
-
13 596
Employee
31 806
-
38 000
-
social contributions
4 390
-
5 244
-
income
5 305
-
6 731
-
health
2 220
-
2 652
-
total
11 915
-
14 627
-
Employer
31 806
-
38 000
-
total
-
-
-
-
Corporate
6 194
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%.

310
1 899
-
-
total
310
1 899
-
-
Dividends
5 884
36 101
-
-
withholding
883
5 415
-
-
social contributions
1 636
4 983
-
-
health
828
2 519
-
-
total
3 347
12 917
-
-
Income
38 000
38 000
38 000
38 000
Total tax
15 572
14 816
14 627
13 596
After tax
22 428
23 184
23 373
24 404
Living cost
19 892
19 892
19 892
19 892
Free-cash
2 536
3 292
3 481
4 512

Estimated living cost  is ₽19892 per week

₽13312
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1227
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4894
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11763
-₽16417
-₽23444
-₽18887
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
7 030
health
-
-
-
2 907
surtax
-
-
-
185
unemployment
-
-
-
5 754
income
-
-
-
682
chamber of commerce
-
-
-
151
total
-
-
-
16 709
Employee
46 881
37 384
37 384
-
pensions
4 801
3 827
2 957
-
other
468
374
288
-
unemployment
1 406
1 122
867
-
income
5 337
2 757
3 154
-
health
1 814
1 447
1 118
-
total
13 826
9 527
8 384
-
Employer
46 881
37 384
37 384
-
payroll
1 406
1 122
1 122
-
chamber of commerce
187
150
150
-
pensions
5 883
4 693
3 624
-
surtax
185
185
185
-
other
2 227
1 775
1 704
-
unemployment
1 406
1 122
867
-
accident
609
486
376
-
health
1 771
1 413
1 091
-
total
13 674
10 946
9 119
-
Corporate
3 560
3 560
25 322
-
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.

890
890
6 330
-
total
890
890
6 330
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 000
38 000
38 000
38 000
Total tax
28 390
21 363
23 833
16 709
After tax
9 610
16 637
14 167
21 291
Living cost
33 054
33 054
33 054
33 054
Free-cash
-23 444
-16 417
-18 887
-11 763

Estimated living cost  is ₽33054 per week

₽22046
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2820
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7646
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11720
-₽12688
-₽48634
-₽16846
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 914
communal

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

-
-
-
2 106
national
-
-
-
10 497
total
-
-
-
15 517
Employee

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

67 101
-
29 434
-
national
20 630
-
6 696
-
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.

5 033
-
2 207
-
unemployment

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

584
-
256
-
communal

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

3 500
-
1 535
-
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.

3 153
-
1 383
-
total
32 900
-
12 077
-
Employer

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

67 101
-
29 434
-
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.

5 946
-
2 608
-
surtax
7 608
-
3 336
-
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.

979
-
429
-
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.

872
-
383
-
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.

4 126
-
1 810
-
total
19 531
-
8 566
-
Corporate
-
38 000
-
-
income
-
7 600
-
-
surtax
-
151
-
-
total
-
7 751
-
-
Dividends
-
30 249
-
-
withholding

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

-
8 734
-
-
total
-
8 734
-
-
Income
38 000
38 000
38 000
38 000
Total tax
52 431
16 485
20 643
15 517
After tax
-14 431
21 515
17 357
22 483
Living cost
34 203
34 203
34 203
34 203
Free-cash
-48 634
-12 688
-16 846
-11 720

Estimated living cost  is ₽34203 per week

₽22031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8646
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12552
-₽8147
-₽23580
-₽12992
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
10 754
other
-
-
-
37
unemployment
-
-
-
265
accident
-
-
-
342
income
-
-
-
5 276
total
-
-
-
16 674
Employee
46 695
-
28 013
-
pensions
2 195
-
1 472
-
other
46
-
32
-
unemployment
725
-
486
-
income
9 852
-
5 137
-
total
12 818
-
7 127
-
Employer
46 695
-
28 013
-
pensions
11 019
-
7 393
-
other
372
-
251
-
unemployment
2 569
-
1 723
-
accident
924
-
620
-
total
14 884
-
9 987
-
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
-
6 569
-
-
total
-
6 569
-
-
Income
38 000
38 000
38 000
38 000
Total tax
27 702
12 269
17 114
16 674
After tax
10 298
25 731
20 886
21 326
Living cost
33 878
33 878
33 878
33 878
Free-cash
-23 580
-8 147
-12 992
-12 552

Estimated living cost  is ₽33878 per week

₽24947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2403
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6038
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26374
-₽27071
-₽41526
-₽26376
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
7 142
health
-
-
-
3 347
surtax
-
-
-
1 898
accident
-
-
-
402
communal
-
-
-
-
income
-
-
-
606
total
-
-
-
13 395
Employee
71 040
-
32 665
-
surtax
4 354
-
1 898
-
pensions
5 682
-
3 571
-
income
6 862
-
606
-
health
3 162
-
1 987
-
total
20 060
-
8 062
-
Employer
71 040
-
32 665
-
pensions
5 682
-
3 571
-
accident
639
-
402
-
health
2 166
-
1 362
-
total
8 487
-
5 335
-
Corporate
-
38 000
-
-
communal
-
2 565
-
-
income
-
5 700
-
-
surtax
-
399
-
-
total
-
8 664
-
-
Dividends
-
29 336
-
-
withholding
-
4 401
-
-
income
-
1 027
-
-
total
-
5 428
-
-
Income
38 000
38 000
38 000
38 000
Total tax
28 547
14 092
13 397
13 395
After tax
9 453
23 908
24 603
24 605
Living cost
50 979
50 979
50 979
50 979
Free-cash
-41 526
-27 071
-26 376
-26 374

Estimated living cost  is ₽50979 per week

₽38242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽785
₽2833
-₽242
-₽127
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
7 600
health
-
-
-
2 699
surtax
-
-
-
135
other
-
-
-
-
unemployment
-
-
-
214
income
-
-
-
5 497
total
-
-
-
16 145
Employee
31 591
-
31 392
-
surtax
112
-
109
-
pensions
2 108
-
2 093
-
other
-
-
-
-
unemployment
2 199
-
2 184
-
income
5 296
-
5 262
-
health
806
-
801
-
total
10 521
-
10 449
-
Employer
31 591
-
31 392
-
pensions
4 212
-
4 185
-
other
-
-
-
-
unemployment
1 002
-
995
-
health
1 437
-
1 428
-
total
6 651
-
6 608
-
Corporate
-
38 000
-
-
income
-
9 880
-
-
total
-
9 880
-
-
Dividends
-
28 120
-
-
withholding
-
4 217
-
-
total
-
4 217
-
-
Income
38 000
38 000
38 000
38 000
Total tax
17 172
14 097
17 057
16 145
After tax
20 828
23 903
20 943
21 855
Living cost
21 070
21 070
21 070
21 070
Free-cash
-242
2 833
-127
785

Estimated living cost  is ₽21070 per week

₽12721
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4394
-₽5296
-₽14037
-₽6589
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
226
regional
-
-
-
572
social contributions
-
-
-
9 773
national
-
-
-
6 553
total
-
-
-
17 124
Employee
52 036
-
38 000
-
social contributions
17 547
-
12 814
-
municipal
276
-
201
-
regional
700
-
511
-
national
8 244
-
5 793
-
total
26 767
-
19 319
-
Employer
52 036
-
38 000
-
total
-
-
-
-
Corporate
-
38 000
-
-
nationa
-
9 120
-
-
municipal
-
1 889
-
-
total
-
11 009
-
-
Dividends
-
26 991
-
-
withholding
-
7 017
-
-
total
-
7 017
-
-
Income
38 000
38 000
38 000
38 000
Total tax
26 767
18 026
19 319
17 124
After tax
11 233
19 974
18 681
20 876
Living cost
25 270
25 270
25 270
25 270
Free-cash
-14 037
-5 296
-6 589
-4 394

Estimated living cost  is ₽25270 per week

₽15715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2560
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6562
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10221
-₽2566
-₽18613
-₽9445
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 130
social contributions
-
-
-
11 096
solidarity contribution
-
-
-
-
income
-
-
-
3 266
total
-
-
-
19 492
Employee
42 249
-
28 358
-
social contributions
2 746
-
1 843
-
income
5 070
-
3 403
-
solidarity contribution
-
-
-
-
health
5 704
-
3 828
-
total
13 520
-
9 074
-
Employer
42 249
-
28 358
-
social contributions
10 562
-
7 090
-
health
3 802
-
2 552
-
total
14 364
-
9 642
-
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
27 884
11 837
18 716
19 492
After tax
10 116
26 163
19 284
18 508
Living cost
28 729
28 729
28 729
28 729
Free-cash
-18 613
-2 566
-9 445
-10 221

Estimated living cost  is ₽28729 per week

₽21365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1592
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.
₽5276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8452
-₽13106
-₽15696
-₽15664
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
7 030
health
-
-
-
2 907
surtax
-
-
-
-
unemployment
-
-
-
5 754
income
-
-
-
682
chamber of commerce
-
-
-
151
total
-
-
-
16 524
Employee
41 006
37 384
37 384
-
pensions
4 199
3 827
2 973
-
other
409
374
290
-
unemployment
1 230
1 122
871
-
income
3 653
2 757
3 144
-
health
1 586
1 447
1 123
-
total
11 077
9 527
8 401
-
Employer
41 006
37 384
37 384
-
payroll
1 230
1 122
1 122
-
chamber of commerce
164
150
150
-
pensions
5 146
4 693
3 644
-
surtax
-
-
-
-
other
1 948
1 775
1 705
-
unemployment
1 230
1 122
871
-
accident
532
486
377
-
health
1 551
1 413
1 097
-
total
11 801
10 761
8 966
-
Corporate
3 560
3 560
25 475
-
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.

890
890
6 369
-
total
890
890
6 369
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 000
38 000
38 000
38 000
Total tax
23 768
21 178
23 736
16 524
After tax
14 232
16 822
14 264
21 476
Living cost
29 928
29 928
29 928
29 928
Free-cash
-15 696
-13 106
-15 664
-8 452

Estimated living cost  is ₽29928 per week

₽17953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8385
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25663
₽24143
₽21901
₽18443
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 947
-
38 000
-
income
2 989
-
7 600
-
total
2 989
-
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%.

23 053
38 000
-
-
total
-
-
-
-
Dividends
23 053
38 000
-
-
withholding
1 153
1 900
-
-
total
1 153
1 900
-
-
Income
38 000
38 000
38 000
38 000
Total tax
4 142
1 900
7 600
380
After tax
33 858
36 100
30 400
37 620
Living cost
11 957
11 957
11 957
11 957
Free-cash
21 901
24 143
18 443
25 663

Estimated living cost  is ₽11957 per week

₽8091
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽502
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2962
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3687
₽1001
-₽9941
-₽4894
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
6 939
health
-
-
-
3 738
unemployment
-
-
-
57
income
-
-
-
5 792
total
-
-
-
16 526
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.

41 482
-
32 880
-
pensions
6 430
-
5 097
-
unemployment
59
-
46
-
income
7 153
-
5 345
-
health
2 679
-
2 124
-
total
16 321
-
12 612
-
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.

41 482
-
32 880
-
pensions
3 671
-
2 911
-
unemployment
25
-
20
-
health
2 763
-
2 190
-
total
6 459
-
5 121
-
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
22 780
11 838
17 733
16 526
After tax
15 220
26 162
20 267
21 474
Living cost
25 161
25 161
25 161
25 161
Free-cash
-9 941
1 001
-4 894
-3 687

Estimated living cost  is ₽25161 per week

₽17268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1613
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14682
-₽17824
-₽103484
-₽15507
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
58 707
-
1 054
-
social contributions
4 814
-
686
-
income
12 950
-
81
-
total
17 764
-
767
-
Employer
58 707
-
1 054
-
social contributions
82 777
-
11 797
-
total
82 777
-
11 797
-
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
100 541
14 881
12 564
11 739
After tax
-62 541
23 119
25 436
26 261
Living cost
40 943
40 943
40 943
40 943
Free-cash
-103 484
-17 824
-15 507
-14 682

Estimated living cost  is ₽40943 per week

₽26566
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3851
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10005
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7074
-₽7811
-₽15391
-₽7763
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
13 205
income
-
-
-
2 445
total
-
-
-
15 650
Employee
43 144
-
30 707
-
social contributions
4 746
-
3 377
-
surtax
-
-
-
-
income
8 974
-
5 669
-
total
13 720
-
9 046
-
Employer
43 144
-
30 707
-
social contributions
10 247
-
7 293
-
total
10 247
-
7 293
-
Corporate
-
38 000
-
-
income
-
7 981
-
-
surtax
-
-
-
-
total
-
7 981
-
-
Dividends
-
30 019
-
-
withholding
-
8 406
-
-
total
-
8 406
-
-
Income
38 000
38 000
38 000
38 000
Total tax
23 967
16 387
16 339
15 650
After tax
14 033
21 613
21 661
22 350
Living cost
29 424
29 424
29 424
29 424
Free-cash
-15 391
-7 811
-7 763
-7 074

Estimated living cost  is ₽29424 per week

₽22015
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22177
-₽26157
-₽39102
-₽21469
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
11 372
health
-
-
-
329
surtax
-
-
-
-
other
-
-
-
1 178
social contributions
-
-
-
1 082
income
-
-
-
908
total
-
-
-
14 869
Employee
58 753
-
28 955
-
social contributions
1 673
-
826
-
surtax
-
-
-
-
pensions
6 645
-
3 274
-
income
5 126
-
1 016
-
total
13 444
-
5 116
-
Employer
58 753
-
28 955
-
pensions
9 654
-
4 758
-
social contributions
176
-
87
-
other
2 028
-
999
-
unemployment
2 380
-
1 173
-
health
4 112
-
2 028
-
total
18 350
-
9 045
-
Corporate
-
38 000
-
-
income
-
10 640
-
-
surtax
-
-
-
-
total
-
10 640
-
-
Dividends
-
27 360
-
-
withholding
-
3 502
-
-
surtax
-
-
-
-
social contributions
-
4 707
-
-
total
-
8 209
-
-
Income
38 000
38 000
38 000
38 000
Total tax
31 794
18 849
14 161
14 869
After tax
6 206
19 151
23 839
23 131
Living cost
45 308
45 308
45 308
45 308
Free-cash
-39 102
-26 157
-21 469
-22 177

Estimated living cost  is ₽45308 per week

₽30664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1441
₽6001
₽2850
₽2564
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 361
income
-
-
-
-
total
-
-
-
8 361
Employee
30 158
-
32 900
-
social contributions
1 960
-
2 138
-
income
-
-
-
-
total
1 960
-
2 138
-
Employer
30 158
-
32 900
-
social contributions
4 675
-
5 100
-
total
4 675
-
5 100
-
Corporate
3 167
38 000
-
-
income
317
3 801
-
-
total
317
3 801
-
-
Dividends
2 850
34 199
-
-
total
-
-
-
-
Income
38 000
38 000
38 000
38 000
Total tax
6 952
3 801
7 238
8 361
After tax
31 048
34 199
30 762
29 639
Living cost
28 198
28 198
28 198
28 198
Free-cash
2 850
6 001
2 564
1 441

Estimated living cost  is ₽28198 per week

₽18233
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2126
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7309
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19430
-₽166093
-₽166093
-₽166093
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
5 349
pensions
-
-
-
812
labour market
-
-
-
2 975
national
-
-
-
3 181
total
-
-
-
12 317
Employee
190 412
190 412
190 412
-
municipal
40 547
40 547
40 547
-
national
23 262
23 262
23 262
-
pensions
271
271
271
-
labour market
15 211
15 211
15 211
-
total
79 291
79 291
79 291
-
Employer
190 412
190 412
190 412
-
labour market
15 233
15 233
15 233
-
pensions
541
541
541
-
municipal
40 612
40 612
40 612
-
national
23 303
23 303
23 303
-
total
79 689
79 689
79 689
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 000
38 000
38 000
38 000
Total tax
158 980
158 980
158 980
12 317
After tax
-120 980
-120 980
-120 980
25 683
Living cost
45 113
45 113
45 113
45 113
Free-cash
-166 093
-166 093
-166 093
-19 430

Estimated living cost  is ₽45113 per week

₽30876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽694
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5174
-₽17551
-₽1065
-₽561
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
3 960
health
-
-
-
2 076
other
-
-
-
353
accident
-
-
-
240
income
-
-
-
5 568
total
-
-
-
12 197
Employee
32 451
-
31 567
-
pensions
3 654
-
3 554
-
income
4 452
-
4 331
-
health
3 716
-
3 614
-
total
11 822
-
11 499
-
Employer
32 451
-
31 567
-
pensions
5 277
-
5 133
-
unemployment
795
-
773
-
accident
542
-
527
-
total
6 614
-
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
18 436
34 922
17 932
12 197
After tax
19 564
3 078
20 068
25 803
Living cost
20 629
20 629
20 629
20 629
Free-cash
-1 065
-17 551
-561
5 174

Estimated living cost  is ₽20629 per week

₽15016
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1176
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4050
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5403
-₽9718
-₽20666
-₽12046
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
6 806
health
-
-
-
194
national
-
-
-
388
total
-
-
-
7 388
Employee
49 354
-
31 967
-
municipal
8 084
-
5 260
-
national
815
-
-
-
pensions
3 331
-
2 158
-
unemployment
741
-
479
-
health
368
-
101
-
total
13 339
-
7 998
-
Employer
49 354
-
31 967
-
pensions
8 563
-
5 547
-
unemployment
320
-
208
-
accident
50
-
32
-
health
379
-
246
-
total
9 312
-
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
-
-
municipal
-
4 103
-
-
national
-
-
-
-
total
-
4 103
-
-
Income
38 000
38 000
38 000
38 000
Total tax
22 651
11 703
14 031
7 388
After tax
15 349
26 297
23 969
30 612
Living cost
36 015
36 015
36 015
36 015
Free-cash
-20 666
-9 718
-12 046
-5 403

Estimated living cost  is ₽36015 per week

₽23525
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3464
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9385
-₽4932
₽1312
₽1526
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
968
social contributions
-
-
-
5 928
income
-
-
-
-
total
-
-
-
6 896
Employee
72 134
72 134
72 134
-
social contributions
2 727
5 987
2 863
-
income
7 854
6 677
7 806
-
health
559
1 227
586
-
total
11 140
13 891
11 255
-
Employer
72 134
72 134
72 134
-
social contributions
2 727
5 987
2 863
-
health
607
1 335
637
-
total
3 334
7 322
3 500
-
Corporate
1 806
-
-
-
income
226
-
-
-
total
226
-
-
-
Dividends
1 580
-
-
-
withholding
269
-
-
-
total
269
-
-
-
Income
38 000
38 000
38 000
38 000
Total tax
14 969
21 213
14 755
6 896
After tax
23 031
16 787
23 245
31 104
Living cost
21 719
21 719
21 719
21 719
Free-cash
1 312
-4 932
1 526
9 385

Estimated living cost  is ₽21719 per week

₽13017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6092
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10901
₽16574
₽11799
₽8740
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
5 967
health
-
-
-
3 395
unemployment
-
-
-
27
income
-
-
-
2 816
total
-
-
-
12 205
Employee

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

21 532
-
34 452
-
pensions
3 229
-
5 168
-
unemployment
107
-
173
-
income
1 472
-
2 549
-
health
1 830
-
2 928
-
total
6 638
-
10 818
-
Employer

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

21 532
-
34 452
-
pensions
1 184
-
1 894
-
unemployment
107
-
173
-
health
926
-
1 481
-
total
2 217
-
3 548
-
Corporate
14 252
38 000
-
-
income
1 284
3 420
-
-
total
1 284
3 420
-
-
Dividends
12 968
34 580
-
-
withholding
1 168
3 112
-
-
total
1 168
3 112
-
-
Income
38 000
38 000
38 000
38 000
Total tax
11 307
6 532
14 366
12 205
After tax
26 693
31 468
23 634
25 795
Living cost
14 894
14 894
14 894
14 894
Free-cash
11 799
16 574
8 740
10 901

Estimated living cost  is ₽14894 per week

₽9503
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1073
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3874
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4470
-₽65
-₽7744
-₽4910
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
10 754
other
-
-
-
37
unemployment
-
-
-
265
accident
-
-
-
342
income
-
-
-
5 276
total
-
-
-
16 674
Employee
34 686
-
28 013
-
pensions
1 631
-
1 472
-
other
34
-
32
-
unemployment
538
-
486
-
income
6 687
-
5 137
-
total
8 890
-
7 127
-
Employer
34 686
-
28 013
-
pensions
8 185
-
7 393
-
other
278
-
251
-
unemployment
1 908
-
1 723
-
accident
687
-
620
-
total
11 058
-
9 987
-
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
-
6 569
-
-
total
-
6 569
-
-
Income
38 000
38 000
38 000
38 000
Total tax
19 948
12 269
17 114
16 674
After tax
18 052
25 731
20 886
21 326
Living cost
25 796
25 796
25 796
25 796
Free-cash
-7 744
-65
-4 910
-4 470

Estimated living cost  is ₽25796 per week

₽17412
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2480
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.
₽5453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21799
₽21884
₽21582
₽21670
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
1 333
health
-
-
-
967
income
-
-
-
12 073
total
-
-
-
14 373
Employee
2 784
-
36 500
-
pensions
251
-
600
-
unemployment
28
-
67
-
income
539
-
12 003
-
health
139
-
333
-
total
957
-
13 003
-
Employer
2 784
-
36 500
-
pensions
306
-
733
-
unemployment
56
-
133
-
health
265
-
633
-
total
627
-
1 499
-
Corporate
34 589
38 000
-
-
income
7 610
8 360
-
-
total
7 610
8 360
-
-
Dividends
26 980
29 640
-
-
withholding
5 396
5 928
-
-
total
5 396
5 928
-
-
Income
38 000
38 000
38 000
38 000
Total tax
14 590
14 288
14 502
14 373
After tax
23 410
23 712
23 498
23 627
Living cost
1 828
1 828
1 828
1 828
Free-cash
21 582
21 884
21 670
21 799

Estimated living cost  is ₽1828 per week

₽1086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3062
₽11267
₽6662
₽4697
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
9 880
health
-
-
-
3 914
unemployment
-
-
-
570
income
-
-
-
4 386
total
-
-
-
18 750
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.

24 411
-
32 231
-
pensions
3 417
-
4 512
-
unemployment
183
-
242
-
income
3 365
-
4 931
-
health
1 257
-
1 660
-
total
8 222
-
11 345
-
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.

24 411
-
32 231
-
pensions
2 929
-
3 868
-
unemployment
183
-
242
-
health
1 257
-
1 660
-
total
4 369
-
5 770
-
Corporate
9 220
38 000
-
-
income
1 383
5 700
-
-
total
1 383
5 700
-
-
Dividends
7 837
32 300
-
-
withholding
1 176
4 845
-
-
total
1 176
4 845
-
-
Income
38 000
38 000
38 000
38 000
Total tax
15 150
10 545
17 115
18 750
After tax
22 850
27 455
20 885
19 250
Living cost
16 188
16 188
16 188
16 188
Free-cash
6 662
11 267
4 697
3 062

Estimated living cost  is ₽16188 per week

₽10899
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1252
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2940
-₽3677
-₽7055
-₽3629
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
13 205
income
-
-
-
2 445
total
-
-
-
15 650
Employee
36 409
-
30 707
-
social contributions
4 005
-
3 377
-
surtax
-
-
-
-
income
7 114
-
5 669
-
total
11 119
-
9 046
-
Employer
36 409
-
30 707
-
social contributions
8 646
-
7 293
-
total
8 646
-
7 293
-
Corporate
-
38 000
-
-
income
-
7 981
-
-
surtax
-
-
-
-
total
-
7 981
-
-
Dividends
-
30 019
-
-
withholding
-
8 406
-
-
total
-
8 406
-
-
Income
38 000
38 000
38 000
38 000
Total tax
19 765
16 387
16 339
15 650
After tax
18 235
21 613
21 661
22 350
Living cost
25 290
25 290
25 290
25 290
Free-cash
-7 055
-3 677
-3 629
-2 940

Estimated living cost  is ₽25290 per week

₽17912
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5173
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11642
-₽7237
-₽21750
-₽12082
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
10 754
other
-
-
-
37
unemployment
-
-
-
265
accident
-
-
-
342
income
-
-
-
5 276
total
-
-
-
16 674
Employee
45 305
-
28 013
-
pensions
2 129
-
1 472
-
other
45
-
32
-
unemployment
701
-
486
-
income
9 463
-
5 137
-
total
12 338
-
7 127
-
Employer
45 305
-
28 013
-
pensions
10 692
-
7 393
-
other
363
-
251
-
unemployment
2 492
-
1 723
-
accident
897
-
620
-
total
14 444
-
9 987
-
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
-
6 569
-
-
total
-
6 569
-
-
Income
38 000
38 000
38 000
38 000
Total tax
26 782
12 269
17 114
16 674
After tax
11 218
25 731
20 886
21 326
Living cost
32 968
32 968
32 968
32 968
Free-cash
-21 750
-7 237
-12 082
-11 642

Estimated living cost  is ₽32968 per week

₽23676
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2563
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7402
₽16345
₽10626
₽7846
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
4 852
health
-
-
-
3 770
unemployment
-
-
-
131
income
-
-
-
5 700
total
-
-
-
14 453
Employee
21 378
-
31 768
-
accident

We are using the highest rate at 1.1%.

235
-
350
-
pensions

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

1 877
-
2 789
-
income
2 138
-
3 177
-
health
983
-
1 461
-
total
5 233
-
7 777
-
Employer
21 378
-
31 768
-
pensions

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

2 356
-
3 500
-
unemployment
128
-
190
-
accident

We are using the highest rate at 1.1%.

235
-
350
-
health
1 475
-
2 192
-
total
4 194
-
6 232
-
Corporate
12 427
38 000
-
-
income
1 243
3 800
-
-
total
1 243
3 800
-
-
Dividends
11 184
34 200
-
-
withholding
559
1 710
-
-
total
559
1 710
-
-
Income
38 000
38 000
38 000
38 000
Total tax
11 229
5 510
14 009
14 453
After tax
26 771
32 490
23 991
23 547
Living cost
16 145
16 145
16 145
16 145
Free-cash
10 626
16 345
7 846
7 402

Estimated living cost  is ₽16145 per week

₽10678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽924
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.
₽4158
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6246
-₽16450
-₽8676
-₽6246
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
-
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.

-
-
-
6 409
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.

-
-
-
84
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.

-
-
-
1 536
total
-
-
-
8 029
Employee

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

46 675
-
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.

212
-
84
-
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.

3 838
-
1 536
-
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.

6 409
-
6 409
-
total
10 459
-
8 029
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
38 000
-
-
trade
-
5 453
-
-
income
-
5 700
-
-
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
-
-
total
-
11 664
-
-
Dividends
-
26 336
-
-
withholding
-
6 227
-
-
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
-
-
total
-
6 569
-
-
Income
38 000
38 000
38 000
38 000
Total tax
10 459
18 233
8 029
8 029
After tax
27 541
19 767
29 971
29 971
Living cost
36 217
36 217
36 217
36 217
Free-cash
-8 676
-16 450
-6 246
-6 246

Estimated living cost  is ₽36217 per week

₽24983
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3897
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22304
-₽26838
-₽35379
-₽22304
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 205
income
-
-
-
4 662
total
-
-
-
6 867
Employee
73 378
-
38 000
-
social contributions
6 096
-
2 205
-
income
13 846
-
4 662
-
total
19 942
-
6 867
-
Employer
73 378
-
38 000
-
total
-
-
-
-
Corporate
-
38 000
-
-
income
-
4 750
-
-
total
-
4 750
-
-
Dividends
-
33 250
-
-
withholding
-
6 651
-
-
total
-
6 651
-
-
Income
38 000
38 000
38 000
38 000
Total tax
19 942
11 401
6 867
6 867
After tax
18 058
26 599
31 133
31 133
Living cost
53 437
53 437
53 437
53 437
Free-cash
-35 379
-26 838
-22 304
-22 304

Estimated living cost  is ₽53437 per week

₽40654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4354
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7918
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28516
-₽13057
-₽12145
-₽5733
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health

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

-
-
-
5 761
income
-
-
-
26 703
total
-
-
-
32 464
Employee
43 033
-
34 539
-
social contributions
4 312
-
3 461
-
income
4 669
-
2 759
-
total
8 981
-
6 220
-
Employer
43 033
-
34 539
-
social contributions
4 312
-
3 461
-
total
4 312
-
3 461
-
Corporate
-
38 000
-
-
income
-
13 300
-
-
total
-
13 300
-
-
Dividends
-
24 700
-
-
social contributions
2 800
3 705
-
-
total
2 800
3 705
-
-
Income
38 000
38 000
38 000
38 000
Total tax
16 093
17 005
9 681
32 464
After tax
21 907
20 995
28 319
5 536
Living cost
34 052
34 052
34 052
34 052
Free-cash
-12 145
-13 057
-5 733
-28 516

Estimated living cost  is ₽34052 per week

₽22430
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8415
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5462
-₽5890
-₽14827
-₽8812
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
1 876
income
-
-
-
7 224
total
-
-
-
9 100
Employee
47 166
-
34 351
-
pensions
3 600
-
2 062
-
income
8 589
-
6 387
-
health
615
-
352
-
total
12 804
-
8 801
-
Employer
47 166
-
34 351
-
pensions
4 765
-
2 997
-
health
896
-
652
-
total
5 661
-
3 649
-
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
-
2 308
-
-
total
-
2 308
-
-
Income
38 000
38 000
38 000
38 000
Total tax
18 465
9 528
12 450
9 100
After tax
19 535
28 472
25 550
28 900
Living cost
34 362
34 362
34 362
34 362
Free-cash
-14 827
-5 890
-8 812
-5 462

Estimated living cost  is ₽34362 per week

₽23572
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7198
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽3131
-₽19594
-₽4933
-₽2604
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
3 960
health
-
-
-
2 076
other
-
-
-
353
accident
-
-
-
240
income
-
-
-
5 568
total
-
-
-
12 197
Employee
35 664
-
31 567
-
pensions
4 016
-
3 554
-
income
4 893
-
4 331
-
health
4 083
-
3 614
-
total
12 992
-
11 499
-
Employer
35 664
-
31 567
-
pensions
5 799
-
5 133
-
unemployment
874
-
773
-
accident
596
-
527
-
total
7 269
-
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
20 261
34 922
17 932
12 197
After tax
17 739
3 078
20 068
25 803
Living cost
22 672
22 672
22 672
22 672
Free-cash
-4 933
-19 594
-2 604
3 131

Estimated living cost  is ₽22672 per week

₽16639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1321
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4255
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10552
₽19646
₽15091
₽10552
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
6 992
health insurance
-
-
-
2 812
work injury
-
-
-
190
unemployment
-
-
-
456
income
-
-
-
4 344
total
-
-
-
14 794
Employee

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

20 247
-
38 000
-
pensions
3 725
-
6 992
-
health insurance
1 498
-
2 812
-
unemployment
243
-
456
-
income
2 025
-
4 344
-
work injury
101
-
190
-
total
7 592
-
14 794
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
17 753
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
17 753
38 000
-
-
withholding
2 663
5 700
-
-
total
2 663
5 700
-
-
Income
38 000
38 000
38 000
38 000
Total tax
10 255
5 700
14 794
14 794
After tax
27 745
32 300
23 206
23 206
Living cost
12 654
12 654
12 654
12 654
Free-cash
15 091
19 646
10 552
10 552

Estimated living cost  is ₽12654 per week

₽7840
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3500
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
-₽16455
-₽17355
-₽41049
-₽18640
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
255
regional
-
-
-
503
social contributions
-
-
-
9 773
national
-
-
-
6 553
total
-
-
-
17 084
Employee
79 048
-
38 000
-
social contributions
26 655
-
12 814
-
municipal
472
-
226
-
regional
1 193
-
436
-
national
13 358
-
5 793
-
total
41 678
-
19 269
-
Employer
79 048
-
38 000
-
total
-
-
-
-
Corporate
-
38 000
-
-
nationa
-
9 120
-
-
municipal
-
1 832
-
-
total
-
10 952
-
-
Dividends
-
27 048
-
-
withholding
-
7 032
-
-
total
-
7 032
-
-
Income
38 000
38 000
38 000
38 000
Total tax
41 678
17 984
19 269
17 084
After tax
-3 678
20 016
18 731
20 916
Living cost
37 371
37 371
37 371
37 371
Free-cash
-41 049
-17 355
-18 640
-16 455

Estimated living cost  is ₽37371 per week

₽26250
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7984
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close