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
-₽9205
₽1400
₽1400
₽1155
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
1 488
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.

-
-
-
82
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.

-
-
-
6 447
trade
-
-
-
-
total
-
-
-
8 017
Employee

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

36 093
-
38 000
-
surtax

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

56
-
82
-
income

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

1 008
-
1 488
-
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.

6 447
-
6 447
-
total
7 511
-
8 017
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 907
38 000
-
-
income
287
5 700
-
-
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.

16
313
-
-
chamber of commerce
147
197
-
-
trade
301
5 985
-
-
total
751
12 195
-
-
Dividends
1 156
25 805
-
-
surtax

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

-
335
-
-
withholding
-
6 092
-
-
total
-
6 427
-
-
Income
38 000
38 000
38 000
38 000
Total tax
8 262
18 622
8 017
8 017
After tax
29 738
19 378
29 983
29 983
Living cost
28 583
28 583
28 583
28 583
Free-cash
1 155
-9 205
1 400
1 400

Estimated living cost  is ₽28583 per week

₽17980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3333
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.
₽6737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26406
-₽24943
-₽25242
-₽46742
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
408
municipal
-
-
-
3 199
national
-
-
-
4 957
pensions
-
-
-
4 560
total
-
-
-
13 124
Employee
77 691
-
32 851
-
municipal
9 596
-
3 346
-
pensions
3 108
-
1 314
-
national
14 870
-
5 184
-
total
27 574
-
9 844
-
Employer
77 691
-
32 851
-
pensions
6 215
-
2 628
-
social contributions
835
-
353
-
total
7 050
-
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
34 624
14 288
12 825
13 124
After tax
3 376
23 712
25 175
24 876
Living cost
50 118
50 118
50 118
50 118
Free-cash
-46 742
-26 406
-24 943
-25 242

Estimated living cost  is ₽50118 per week

₽34064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽750
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10644
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10768
₽2173
₽9697
₽3025
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
2 971
microenterprise
-
-
-
5 700
total
-
-
-
8 671
Employee
27 574
-
30 622
-
surtax
-
-
-
-
social contributions

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

3 034
-
3 368
-
income
4 909
-
5 451
-
total
7 943
-
8 819
-
Employer
27 574
-
30 622
-
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.

6 642
-
7 376
-
surtax
-
-
-
-
total
6 642
-
7 376
-
Corporate
3 784
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%.

758
7 600
-
-
total
758
7 600
-
-
Dividends

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

3 026
30 400
-
-
total
-
-
-
-
Income
38 000
38 000
38 000
38 000
Total tax
15 343
7 600
16 195
8 671
After tax
22 657
30 400
21 805
29 329
Living cost
19 632
19 632
19 632
19 632
Free-cash
3 025
10 768
2 173
9 697

Estimated living cost  is ₽19632 per week

₽12525
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1870
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4792
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽50412
-₽55709
-₽17646
-₽55709
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
income
-
-
-
3 441
health
-
-
-
5 834
pensions
-
-
-
6 839
total
-
-
-
16 114
Employee
80 585
80 585
80 585
-
pensions
14 505
11 056
14 505
-
income

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

13 191
13 191
13 191
-
health
12 369
10 521
12 369
-
total
40 065
34 768
40 065
-
Employer
80 585
80 585
80 585
-
health
5 602
5 602
5 602
-
pensions
5 609
5 609
5 609
-
unemployment
2 901
2 901
2 901
-
total
14 112
14 112
14 112
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 000
38 000
38 000
38 000
Total tax
54 177
48 880
54 177
16 114
After tax
-16 177
-10 880
-16 177
21 886
Living cost
39 532
39 532
39 532
39 532
Free-cash
-55 709
-50 412
-55 709
-17 646

Estimated living cost  is ₽39532 per week

₽28015
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7324
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17075
-₽17530
-₽18881
-₽32829
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
76
other
-
-
-
4 416
unemployment
-
-
-
38
health
-
-
-
2 371
municipal
-
-
-
8 049
national
-
-
-
-
pensions
-
-
-
4 108
total
-
-
-
19 058
Employee
53 895
-
28 915
-
municipal
16 071
-
8 622
-
national
-
-
-
-
total
16 071
-
8 622
-
Employer
53 895
-
28 915
-
health
3 315
-
1 778
-
pensions
5 826
-
3 126
-
accident
108
-
58
-
unemployment
1 423
-
763
-
other
6 263
-
3 360
-
total
16 935
-
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
33 006
17 252
17 707
19 058
After tax
4 994
20 748
20 293
18 942
Living cost
37 823
37 823
37 823
37 823
Free-cash
-32 829
-17 075
-17 530
-18 881

Estimated living cost  is ₽37823 per week

₽25068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3712
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17890
-₽7088
-₽7088
-₽9856
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
1 488
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.

-
-
-
82
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.

-
-
-
6 447
trade
-
-
-
-
total
-
-
-
8 017
Employee

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

47 855
-
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.

226
-
82
-
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.

4 112
-
1 488
-
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.

6 447
-
6 447
-
total
10 785
-
8 017
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
38 000
-
-
income
-
5 700
-
-
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
-
-
chamber of commerce
-
197
-
-
trade
-
6 252
-
-
total
-
12 462
-
-
Dividends
-
25 538
-
-
surtax

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

-
331
-
-
withholding
-
6 026
-
-
total
-
6 357
-
-
Income
38 000
38 000
38 000
38 000
Total tax
10 785
18 819
8 017
8 017
After tax
27 215
19 181
29 983
29 983
Living cost
37 071
37 071
37 071
37 071
Free-cash
-9 856
-17 890
-7 088
-7 088

Estimated living cost  is ₽37071 per week

₽24793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3909
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7815
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13946
-₽7417
₽495
-₽8788
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
income
-
-
-
-
social contributions
-
-
-
5 928
health
-
-
-
969
total
-
-
-
6 897
Employee
72 564
72 564
72 564
-
social contributions
3 526
6 022
2 863
-
income
7 620
6 717
7 858
-
health
722
1 234
587
-
total
11 868
13 973
11 308
-
Employer
72 564
72 564
72 564
-
health
786
1 343
638
-
social contributions
3 526
6 022
2 863
-
total
4 312
7 365
3 501
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 000
38 000
38 000
38 000
Total tax
16 180
21 338
14 809
6 897
After tax
21 820
16 662
23 191
31 103
Living cost
30 608
30 608
30 608
30 608
Free-cash
-8 788
-13 946
-7 417
495

Estimated living cost  is ₽30608 per week

₽20924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2391
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6780
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4738
₽5156
₽9452
₽5088
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
income
-
-
-
4 645
unemployment
-
-
-
570
health
-
-
-
2 660
pensions
-
-
-
3 800
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.

24 356
9 693
31 799
-
unemployment
365
145
477
-
pensions
2 436
969
3 180
-
income
2 978
1 185
3 887
-
health
1 705
679
2 226
-
total
7 484
2 978
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.

24 356
9 693
31 799
-
pensions
4 749
1 890
6 201
-
total
4 749
1 890
6 201
-
Corporate
8 894
26 416
-
-
income
800
2 377
-
-
total
800
2 377
-
-
Dividends
8 094
24 039
-
-
social contributions
1 468
4 577
-
-
withholding
1 538
4 567
-
-
total
3 006
9 144
-
-
Income
38 000
38 000
38 000
38 000
Total tax
16 039
16 389
15 971
11 675
After tax
21 961
21 611
22 029
26 325
Living cost
16 873
16 873
16 873
16 873
Free-cash
5 088
4 738
5 156
9 452

Estimated living cost  is ₽16873 per week

₽11514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1381
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽337
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3641
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7607
₽1082
-₽276
₽1745
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
income
-
-
-
2 942
health
-
-
-
4 941
pensions
-
-
-
7 600
total
-
-
-
15 483
Employee
26 770
-
28 400
-
unemployment
428
-
455
-
pensions
535
-
568
-
income
3 014
-
3 503
-
total
3 977
-
4 526
-
Employer
26 770
-
28 400
-
health
3 479
-
3 693
-
pensions
5 354
-
5 679
-
unemployment
215
-
227
-
total
9 048
-
9 599
-
Corporate
2 181
38 000
-
-
income
437
7 600
-
-
total
437
7 600
-
-
Dividends
1 744
30 400
-
-
total
-
-
-
-
Income
38 000
38 000
38 000
38 000
Total tax
13 462
7 600
14 125
15 483
After tax
24 538
30 400
23 875
22 517
Living cost
22 793
22 793
22 793
22 793
Free-cash
1 745
7 607
1 082
-276

Estimated living cost  is ₽22793 per week

₽15634
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1357
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17890
-₽899
₽4826
-₽1706
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
241
income
-
-
-
5 567
other
-
-
-
353
health
-
-
-
2 079
pensions
-
-
-
3 966
total
-
-
-
12 206
Employee
32 984
-
31 567
-
pensions
3 714
-
3 554
-
income
4 525
-
4 331
-
health
3 777
-
3 614
-
total
12 016
-
11 499
-
Employer
32 984
-
31 567
-
pensions
5 363
-
5 132
-
accident
551
-
527
-
unemployment
808
-
773
-
total
6 722
-
6 432
-
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
18 738
34 922
17 931
12 206
After tax
19 262
3 078
20 069
25 794
Living cost
20 968
20 968
20 968
20 968
Free-cash
-1 706
-17 890
-899
4 826

Estimated living cost  is ₽20968 per week

₽15368
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4001
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₽28509
₽22809
₽30029
₽27087
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 489
-
38 000
-
income
1 897
-
7 600
-
total
1 897
-
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%.

28 511
38 000
-
-
total
-
-
-
-
Dividends
28 511
38 000
-
-
withholding
1 425
1 900
-
-
total
1 425
1 900
-
-
Income
38 000
38 000
38 000
38 000
Total tax
3 322
1 900
7 600
380
After tax
34 678
36 100
30 400
37 620
Living cost
7 591
7 591
7 591
7 591
Free-cash
27 087
28 509
22 809
30 029

Estimated living cost  is ₽7591 per week

₽4704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽631
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽209
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2047
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2774
-₽2869
-₽4569
-₽4899
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
income
-
-
-
4 826
other
-
-
-
1 805
health
-
-
-
1 673
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

-
-
-
9 120
total
-
-
-
17 424
Employee
34 264
-
30 353
-
unemployment
342
-
303
-
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.

2 398
-
2 124
-
income
5 899
-
5 226
-
health
480
-
424
-
total
9 119
-
8 077
-
Employer
34 264
-
30 353
-
health
480
-
424
-
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.

5 825
-
5 159
-
accident
274
-
244
-
unemployment
342
-
303
-
other
1 714
-
1 517
-
total
8 635
-
7 647
-
Corporate
-
38 000
-
-
income
-
7 980
-
-
total
-
7 980
-
-
Dividends
-
30 020
-
-
withholding
-
2 101
-
-
total
-
2 101
-
-
Income
38 000
38 000
38 000
38 000
Total tax
17 754
10 081
15 724
17 424
After tax
20 246
27 919
22 276
20 576
Living cost
25 145
25 145
25 145
25 145
Free-cash
-4 899
2 774
-2 869
-4 569

Estimated living cost  is ₽25145 per week

₽17766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 Bratislava model

Close
London , United Kingdom
-₽34464
-₽37335
-₽34015
-₽63247
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
income
-
-
-
7 231
pensions
-
-
-
1 849
total
-
-
-
9 080
Employee
89 044
-
34 377
-
pensions
8 590
-
2 031
-
income
16 051
-
6 400
-
health
1 467
-
346
-
total
26 108
-
8 777
-
Employer
89 044
-
34 377
-
health
1 691
-
653
-
pensions
10 513
-
2 970
-
total
12 204
-
3 623
-
Corporate
-
38 000
-
-
income

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

-
7 220
-
-
total
-
7 220
-
-
Dividends
-
30 780
-
-
withholding
-
2 309
-
-
total
-
2 309
-
-
Income
38 000
38 000
38 000
38 000
Total tax
38 312
9 529
12 400
9 080
After tax
-312
28 471
25 600
28 920
Living cost
62 935
62 935
62 935
62 935
Free-cash
-63 247
-34 464
-37 335
-34 015

Estimated living cost  is ₽62935 per week

₽47158
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7394
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7871
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽20119
₽11618
₽11129
₽15737
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
income
-
-
-
5 700
unemployment
-
-
-
132
health
-
-
-
3 790
pensions

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

-
-
-
4 878
total
-
-
-
14 500
Employee
16 380
-
31 767
-
accident

We are using the highest rate at 1.1%.

180
-
350
-
pensions

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

1 438
-
2 789
-
income
1 638
-
3 177
-
health
753
-
1 461
-
total
4 009
-
7 777
-
Employer
16 380
-
31 767
-
health
1 131
-
2 193
-
pensions

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

1 805
-
3 501
-
accident

We are using the highest rate at 1.1%.

180
-
350
-
unemployment
98
-
190
-
total
3 214
-
6 234
-
Corporate
18 405
38 000
-
-
income
1 840
3 800
-
-
total
1 840
3 800
-
-
Dividends
16 565
34 200
-
-
withholding
829
1 710
-
-
total
829
1 710
-
-
Income
38 000
38 000
38 000
38 000
Total tax
9 892
5 510
14 011
14 500
After tax
28 108
32 490
23 989
23 500
Living cost
12 371
12 371
12 371
12 371
Free-cash
15 737
20 119
11 618
11 129

Estimated living cost  is ₽12371 per week

₽7222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽328
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽63208
-₽68505
-₽30442
-₽64809
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
income
-
-
-
3 441
health
-
-
-
5 834
pensions
-
-
-
6 839
total
-
-
-
16 114
Employee
87 490
80 585
80 585
-
pensions
11 056
11 056
14 505
-
income

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

13 191
13 191
13 191
-
health
10 915
10 521
12 369
-
total
35 162
34 768
40 065
-
Employer
87 490
80 585
80 585
-
health
6 080
5 602
5 602
-
pensions
6 089
5 609
5 609
-
unemployment
3 150
2 901
2 901
-
total
15 319
14 112
14 112
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 000
38 000
38 000
38 000
Total tax
50 481
48 880
54 177
16 114
After tax
-12 481
-10 880
-16 177
21 886
Living cost
52 328
52 328
52 328
52 328
Free-cash
-64 809
-63 208
-68 505
-30 442

Estimated living cost  is ₽52328 per week

₽38600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4674
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽600
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽3038
-₽3841
-₽4617
-₽7570
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
income
-
-
-
3 266
social contributions
-
-
-
11 096
solidarity contribution
-
-
-
-
health
-
-
-
5 130
total
-
-
-
19 492
Employee
34 007
-
28 358
-
solidarity contribution
-
-
-
-
social contributions
2 210
-
1 843
-
income
4 081
-
3 403
-
health
4 591
-
3 828
-
total
10 882
-
9 074
-
Employer
34 007
-
28 358
-
health
3 061
-
2 552
-
social contributions
8 502
-
7 090
-
total
11 563
-
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
22 445
11 837
18 716
19 492
After tax
15 555
26 163
19 284
18 508
Living cost
23 125
23 125
23 125
23 125
Free-cash
-7 570
3 038
-3 841
-4 617

Estimated living cost  is ₽23125 per week

₽16063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4962
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
-₽19546
-₽20937
-₽18718
-₽45866
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
social contributions
-
-
-
9 774
regional
-
-
-
352
municipal
-
-
-
226
national
-
-
-
6 547
total
-
-
-
16 899
Employee
83 867
-
38 000
-
municipal
444
-
202
-
national
14 532
-
5 793
-
regional
791
-
310
-
social contributions
28 280
-
12 813
-
total
44 047
-
19 118
-
Employer
83 867
-
38 000
-
total
-
-
-
-
Corporate
-
38 000
-
-
municipal
-
1 483
-
-
nationa
-
9 120
-
-
total
-
10 603
-
-
Dividends
-
27 397
-
-
withholding
-
7 124
-
-
total
-
7 124
-
-
Income
38 000
38 000
38 000
38 000
Total tax
44 047
17 727
19 118
16 899
After tax
-6 047
20 273
18 882
21 101
Living cost
39 819
39 819
39 819
39 819
Free-cash
-45 866
-19 546
-20 937
-18 718

Estimated living cost  is ₽39819 per week

₽27757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2611
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3079
₽119
₽1031
₽140
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
income
-
-
-
5 498
other
-
-
-
-
surtax
-
-
-
133
unemployment
-
-
-
215
health
-
-
-
2 699
pensions
-
-
-
7 600
total
-
-
-
16 145
Employee
31 207
-
31 390
-
other
-
-
-
-
unemployment
2 172
-
2 185
-
pensions
2 081
-
2 093
-
surtax
102
-
106
-
income
5 231
-
5 263
-
health
797
-
800
-
total
10 383
-
10 447
-
Employer
31 207
-
31 390
-
health
1 420
-
1 429
-
pensions
4 160
-
4 185
-
unemployment
989
-
996
-
other
-
-
-
-
total
6 569
-
6 610
-
Corporate
225
38 000
-
-
income
59
9 880
-
-
total
59
9 880
-
-
Dividends
166
28 120
-
-
withholding
25
4 217
-
-
total
25
4 217
-
-
Income
38 000
38 000
38 000
38 000
Total tax
17 036
14 097
17 057
16 145
After tax
20 964
23 903
20 943
21 855
Living cost
20 824
20 824
20 824
20 824
Free-cash
140
3 079
119
1 031

Estimated living cost  is ₽20824 per week

₽12732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1922
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5689
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14525
-₽17396
-₽14076
-₽29269
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
income
-
-
-
7 231
pensions
-
-
-
1 849
total
-
-
-
9 080
Employee
59 675
-
34 377
-
pensions
5 065
-
2 031
-
income
10 748
-
6 400
-
health
866
-
346
-
total
16 679
-
8 777
-
Employer
59 675
-
34 377
-
health
1 134
-
653
-
pensions
6 460
-
2 970
-
total
7 594
-
3 623
-
Corporate
-
38 000
-
-
income

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

-
7 220
-
-
total
-
7 220
-
-
Dividends
-
30 780
-
-
withholding
-
2 309
-
-
total
-
2 309
-
-
Income
38 000
38 000
38 000
38 000
Total tax
24 273
9 529
12 400
9 080
After tax
13 727
28 471
25 600
28 920
Living cost
42 996
42 996
42 996
42 996
Free-cash
-29 269
-14 525
-17 396
-14 076

Estimated living cost  is ₽42996 per week

₽32212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7111
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽57254
-₽44848
-₽42128
-₽57655
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
other

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

-
-
-
759
regional
-
-
-
556
health
-
-
-
243
city
-
-
-
399
national
-
-
-
44
pensions
-
-
-
3 496
total
-
-
-
5 497
Employee
87 337
-
33 582
-
unemployment
-
-
-
-
pensions
7 337
-
3 303
-
national
413
-
15
-
regional
2 860
-
420
-
city
937
-
355
-
health
197
-
75
-
total
11 744
-
4 168
-
Employer
87 337
-
33 582
-
health
197
-
75
-
pensions
7 337
-
3 303
-
unemployment
-
-
-
-
other

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

1 746
-
671
-
total
9 280
-
4 049
-
Corporate
-
38 000
-
-
regional
-
8 037
-
-
national
-
3 230
-
-
total
-
11 267
-
-
Dividends
-
26 733
-
-
withholding
-
9 356
-
-
total
-
9 356
-
-
Income
38 000
38 000
38 000
38 000
Total tax
21 024
20 623
8 217
5 497
After tax
16 976
17 377
29 783
32 503
Living cost
74 631
74 631
74 631
74 631
Free-cash
-57 655
-57 254
-44 848
-42 128

Estimated living cost  is ₽74631 per week

₽48531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6697
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽916
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽24245
-₽13247
-₽13247
-₽18713
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
1 488
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.

-
-
-
82
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.

-
-
-
6 447
trade
-
-
-
-
total
-
-
-
8 017
Employee

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

56 713
-
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.

367
-
82
-
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.

6 669
-
1 488
-
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.

6 447
-
6 447
-
total
13 483
-
8 017
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
38 000
-
-
income
-
5 700
-
-
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
-
-
chamber of commerce
-
197
-
-
trade
-
6 517
-
-
total
-
12 727
-
-
Dividends
-
25 273
-
-
surtax

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

-
328
-
-
withholding
-
5 960
-
-
total
-
6 288
-
-
Income
38 000
38 000
38 000
38 000
Total tax
13 483
19 015
8 017
8 017
After tax
24 517
18 985
29 983
29 983
Living cost
43 230
43 230
43 230
43 230
Free-cash
-18 713
-24 245
-13 247
-13 247

Estimated living cost  is ₽43230 per week

₽31573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3458
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7638
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13136
-₽8429
-₽9148
-₽15001
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
income
-
-
-
892
other
-
-
-
1 178
surtax
-
-
-
-
social contributions
-
-
-
1 082
health
-
-
-
330
pensions
-
-
-
11 380
total
-
-
-
14 862
Employee
40 388
-
28 955
-
pensions
4 567
-
3 275
-
surtax
-
-
-
-
social contributions
1 151
-
824
-
income
2 384
-
1 001
-
total
8 102
-
5 100
-
Employer
40 388
-
28 955
-
health
2 828
-
2 027
-
pensions
6 635
-
4 756
-
unemployment
1 635
-
1 173
-
social contributions
122
-
88
-
other
1 393
-
999
-
total
12 613
-
9 043
-
Corporate
-
38 000
-
-
income
-
10 641
-
-
surtax
-
-
-
-
total
-
10 641
-
-
Dividends
-
27 359
-
-
surtax
-
-
-
-
social contributions
-
4 706
-
-
withholding
-
3 503
-
-
total
-
8 209
-
-
Income
38 000
38 000
38 000
38 000
Total tax
20 715
18 850
14 143
14 862
After tax
17 285
19 150
23 857
23 138
Living cost
32 286
32 286
32 286
32 286
Free-cash
-15 001
-13 136
-8 429
-9 148

Estimated living cost  is ₽32286 per week

₽20358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2625
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.
₽8755
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9937
-₽5230
-₽5949
-₽9310
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
income
-
-
-
892
other
-
-
-
1 178
surtax
-
-
-
-
social contributions
-
-
-
1 082
health
-
-
-
330
pensions
-
-
-
11 380
total
-
-
-
14 862
Employee
36 052
-
28 955
-
pensions
4 078
-
3 275
-
surtax
-
-
-
-
social contributions
1 028
-
824
-
income
1 859
-
1 001
-
total
6 965
-
5 100
-
Employer
36 052
-
28 955
-
health
2 523
-
2 027
-
pensions
5 924
-
4 756
-
unemployment
1 459
-
1 173
-
social contributions
107
-
88
-
other
1 245
-
999
-
total
11 258
-
9 043
-
Corporate
-
38 000
-
-
income
-
10 641
-
-
surtax
-
-
-
-
total
-
10 641
-
-
Dividends
-
27 359
-
-
surtax
-
-
-
-
social contributions
-
4 706
-
-
withholding
-
3 503
-
-
total
-
8 209
-
-
Income
38 000
38 000
38 000
38 000
Total tax
18 223
18 850
14 143
14 862
After tax
19 777
19 150
23 857
23 138
Living cost
29 087
29 087
29 087
29 087
Free-cash
-9 310
-9 937
-5 230
-5 949

Estimated living cost  is ₽29087 per week

₽16869
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2955
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8712
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3173
₽3376
₽4395
₽2368
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
income
-
-
-
5 700
social contributions
-
-
-
5 243
health
-
-
-
2 652
total
-
-
-
13 595
Employee
31 996
-
38 000
-
social contributions
4 416
-
5 243
-
income
5 337
-
6 719
-
health
2 233
-
2 652
-
total
11 986
-
14 614
-
Employer
31 996
-
38 000
-
total
-
-
-
-
Corporate
6 004
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%.

301
1 900
-
-
total
301
1 900
-
-
Dividends
5 703
36 100
-
-
social contributions
1 646
4 982
-
-
withholding
856
5 415
-
-
health
833
2 520
-
-
total
3 335
12 917
-
-
Income
38 000
38 000
38 000
38 000
Total tax
15 622
14 817
14 614
13 595
After tax
22 378
23 183
23 386
24 405
Living cost
20 010
20 010
20 010
20 010
Free-cash
2 368
3 173
3 376
4 395

Estimated living cost  is ₽20010 per week

₽13392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1234
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4923
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16739
-₽19118
-₽11959
-₽23813
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
income
-
-
-
645
surtax
-
-
-
186
unemployment
-
-
-
5 788
chamber of commerce
-
-
-
152
health
-
-
-
2 906
pensions
-
-
-
7 031
total
-
-
-
16 708
Employee
47 160
37 607
37 607
-
other
471
376
288
-
unemployment
1 415
1 128
867
-
pensions
4 830
3 850
2 957
-
income
5 369
2 774
3 184
-
health
1 825
1 456
1 117
-
total
13 910
9 584
8 413
-
Employer
47 160
37 607
37 607
-
chamber of commerce
188
150
150
-
health
1 782
1 422
1 091
-
pensions
5 919
4 721
3 623
-
accident
612
489
376
-
unemployment
1 415
1 128
867
-
surtax
186
186
186
-
payroll
1 415
1 128
1 128
-
other
2 240
1 785
1 712
-
total
13 757
11 009
9 133
-
Corporate
3 582
3 582
25 285
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

895
895
6 321
-
total
895
895
6 321
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 000
38 000
38 000
38 000
Total tax
28 562
21 488
23 867
16 708
After tax
9 438
16 512
14 133
21 292
Living cost
33 251
33 251
33 251
33 251
Free-cash
-23 813
-16 739
-19 118
-11 959

Estimated living cost  is ₽33251 per week

₽22177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7691
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12889
-₽17029
-₽11886
-₽49150
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
2 108
social contributions
-
-
-
2 885
national
-
-
-
10 486
total
-
-
-
15 479
Employee

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

67 501
-
29 433
-
unemployment

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

587
-
256
-
communal

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

3 521
-
1 535
-
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.

5 063
-
2 208
-
national
20 753
-
6 675
-
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.

3 171
-
1 382
-
total
33 095
-
12 056
-
Employer

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

67 501
-
29 433
-
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.

4 151
-
1 810
-
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.

5 981
-
2 607
-
accident

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

877
-
381
-
unemployment

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

985
-
430
-
surtax
7 654
-
3 338
-
total
19 648
-
8 566
-
Corporate
-
38 000
-
-
income
-
7 600
-
-
surtax
-
152
-
-
total
-
7 752
-
-
Dividends
-
30 248
-
-
withholding

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

-
8 730
-
-
total
-
8 730
-
-
Income
38 000
38 000
38 000
38 000
Total tax
52 743
16 482
20 622
15 479
After tax
-14 743
21 518
17 378
22 521
Living cost
34 407
34 407
34 407
34 407
Free-cash
-49 150
-12 889
-17 029
-11 886

Estimated living cost  is ₽34407 per week

₽22163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3009
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.
₽8698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8349
-₽13242
-₽12750
-₽23947
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
342
income
-
-
-
5 269
other
-
-
-
38
unemployment
-
-
-
267
pensions
-
-
-
10 754
total
-
-
-
16 670
Employee
46 973
-
27 954
-
other
47
-
32
-
unemployment
729
-
489
-
pensions
2 208
-
1 481
-
income
9 911
-
5 114
-
total
12 895
-
7 116
-
Employer
46 973
-
27 954
-
pensions
11 085
-
7 437
-
accident
929
-
623
-
unemployment
2 584
-
1 733
-
other
374
-
253
-
total
14 972
-
10 046
-
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
27 867
12 269
17 162
16 670
After tax
10 133
25 731
20 838
21 330
Living cost
34 080
34 080
34 080
34 080
Free-cash
-23 947
-8 349
-13 242
-12 750

Estimated living cost  is ₽34080 per week

₽25096
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2418
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.
₽6074
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27372
-₽26720
-₽26719
-₽42000
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
-
accident
-
-
-
405
income
-
-
-
586
surtax
-
-
-
1 893
health
-
-
-
3 367
pensions
-
-
-
7 185
total
-
-
-
13 436
Employee
71 463
-
32 633
-
pensions
5 716
-
3 592
-
surtax
4 380
-
1 893
-
income
6 903
-
586
-
health
3 180
-
1 999
-
total
20 179
-
8 070
-
Employer
71 463
-
32 633
-
health
2 179
-
1 370
-
pensions
5 716
-
3 592
-
accident
643
-
405
-
total
8 538
-
5 367
-
Corporate
-
38 000
-
-
communal
-
2 564
-
-
income
-
5 700
-
-
surtax
-
399
-
-
total
-
8 663
-
-
Dividends
-
29 336
-
-
income
-
1 026
-
-
withholding
-
4 400
-
-
total
-
5 426
-
-
Income
38 000
38 000
38 000
38 000
Total tax
28 717
14 089
13 437
13 436
After tax
9 283
23 911
24 563
24 564
Living cost
51 283
51 283
51 283
51 283
Free-cash
-42 000
-27 372
-26 720
-26 719

Estimated living cost  is ₽51283 per week

₽38470
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3107
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.
₽9162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2707
-₽253
₽659
-₽470
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
income
-
-
-
5 498
other
-
-
-
-
surtax
-
-
-
133
unemployment
-
-
-
215
health
-
-
-
2 699
pensions
-
-
-
7 600
total
-
-
-
16 145
Employee
31 779
-
31 390
-
other
-
-
-
-
unemployment
2 212
-
2 185
-
pensions
2 120
-
2 093
-
surtax
113
-
106
-
income
5 328
-
5 263
-
health
811
-
800
-
total
10 584
-
10 447
-
Employer
31 779
-
31 390
-
health
1 445
-
1 429
-
pensions
4 237
-
4 185
-
unemployment
1 008
-
996
-
other
-
-
-
-
total
6 690
-
6 610
-
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
17 274
14 097
17 057
16 145
After tax
20 726
23 903
20 943
21 855
Living cost
21 196
21 196
21 196
21 196
Free-cash
-470
2 707
-253
659

Estimated living cost  is ₽21196 per week

₽12797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1843
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5447
-₽6740
-₽4539
-₽14348
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
social contributions
-
-
-
9 774
regional
-
-
-
572
municipal
-
-
-
226
national
-
-
-
6 547
total
-
-
-
17 119
Employee
52 347
-
38 000
-
municipal
278
-
202
-
national
8 293
-
5 793
-
regional
705
-
512
-
social contributions
17 652
-
12 813
-
total
26 928
-
19 320
-
Employer
52 347
-
38 000
-
total
-
-
-
-
Corporate
-
38 000
-
-
municipal
-
1 889
-
-
nationa
-
9 120
-
-
total
-
11 009
-
-
Dividends
-
26 990
-
-
withholding
-
7 018
-
-
total
-
7 018
-
-
Income
38 000
38 000
38 000
38 000
Total tax
26 928
18 027
19 320
17 119
After tax
11 072
19 973
18 680
20 881
Living cost
25 420
25 420
25 420
25 420
Free-cash
-14 348
-5 447
-6 740
-4 539

Estimated living cost  is ₽25420 per week

₽15809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2575
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6601
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2333
-₽9212
-₽9988
-₽18153
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
income
-
-
-
3 266
social contributions
-
-
-
11 096
solidarity contribution
-
-
-
-
health
-
-
-
5 130
total
-
-
-
19 492
Employee
41 906
-
28 358
-
solidarity contribution
-
-
-
-
social contributions
2 724
-
1 843
-
income
5 029
-
3 403
-
health
5 657
-
3 828
-
total
13 410
-
9 074
-
Employer
41 906
-
28 358
-
health
3 771
-
2 552
-
social contributions
10 476
-
7 090
-
total
14 247
-
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
27 657
11 837
18 716
19 492
After tax
10 343
26 163
19 284
18 508
Living cost
28 496
28 496
28 496
28 496
Free-cash
-18 153
-2 333
-9 212
-9 988

Estimated living cost  is ₽28496 per week

₽21191
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1579
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13408
-₽15874
-₽8628
-₽16015
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
income
-
-
-
645
surtax
-
-
-
-
unemployment
-
-
-
5 788
chamber of commerce
-
-
-
152
health
-
-
-
2 906
pensions
-
-
-
7 031
total
-
-
-
16 522
Employee
41 250
37 607
37 607
-
other
412
376
290
-
unemployment
1 237
1 128
870
-
pensions
4 224
3 850
2 971
-
income
3 675
2 774
3 175
-
health
1 596
1 456
1 123
-
total
11 144
9 584
8 429
-
Employer
41 250
37 607
37 607
-
chamber of commerce
165
150
150
-
health
1 560
1 422
1 098
-
pensions
5 177
4 721
3 642
-
accident
535
489
378
-
unemployment
1 237
1 128
870
-
surtax
-
-
-
-
payroll
1 237
1 128
1 128
-
other
1 959
1 785
1 714
-
total
11 870
10 823
8 980
-
Corporate
3 582
3 582
25 438
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

895
895
6 359
-
total
895
895
6 359
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 000
38 000
38 000
38 000
Total tax
23 909
21 302
23 768
16 522
After tax
14 091
16 698
14 232
21 478
Living cost
30 106
30 106
30 106
30 106
Free-cash
-16 015
-13 408
-15 874
-8 628

Estimated living cost  is ₽30106 per week

₽18060
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3075
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8435
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24271
₽18571
₽25791
₽22053
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 787
-
38 000
-
income
2 958
-
7 600
-
total
2 958
-
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%.

23 213
38 000
-
-
total
-
-
-
-
Dividends
23 213
38 000
-
-
withholding
1 160
1 900
-
-
total
1 160
1 900
-
-
Income
38 000
38 000
38 000
38 000
Total tax
4 118
1 900
7 600
380
After tax
33 882
36 100
30 400
37 620
Living cost
11 829
11 829
11 829
11 829
Free-cash
22 053
24 271
18 571
25 791

Estimated living cost  is ₽11829 per week

₽8005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽497
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2931
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽852
-₽5032
-₽3827
-₽10226
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
5 781
unemployment
-
-
-
57
health
-
-
-
3 739
pensions
-
-
-
6 939
total
-
-
-
16 516
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.

41 729
-
32 880
-
unemployment
59
-
47
-
pensions
6 468
-
5 097
-
income
7 196
-
5 335
-
health
2 695
-
2 124
-
total
16 418
-
12 603
-
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.

41 729
-
32 880
-
health
2 779
-
2 188
-
pensions
3 693
-
2 910
-
unemployment
25
-
20
-
total
6 497
-
5 118
-
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
22 915
11 837
17 721
16 516
After tax
15 085
26 163
20 279
21 484
Living cost
25 311
25 311
25 311
25 311
Free-cash
-10 226
852
-5 032
-3 827

Estimated living cost  is ₽25311 per week

₽17371
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1622
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5829
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17211
-₽14654
-₽14069
-₽101365
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
income
-
-
-
7 407
social contributions
-
-
-
4 332
total
-
-
-
11 739
Employee
57 828
-
805
-
social contributions
4 742
-
676
-
income
12 756
-
28
-
total
17 498
-
704
-
Employer
57 828
-
805
-
social contributions
81 537
-
11 620
-
total
81 537
-
11 620
-
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
99 035
14 881
12 324
11 739
After tax
-61 035
23 119
25 676
26 261
Living cost
40 330
40 330
40 330
40 330
Free-cash
-101 365
-17 211
-14 654
-14 069

Estimated living cost  is ₽40330 per week

₽26168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7986
-₽7925
-₽7243
-₽15710
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
2 438
surtax
-
-
-
-
social contributions

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

-
-
-
13 205
total
-
-
-
15 643
Employee
43 401
-
30 706
-
surtax
-
-
-
-
social contributions
4 774
-
3 377
-
income
9 028
-
5 656
-
total
13 802
-
9 033
-
Employer
43 401
-
30 706
-
social contributions
10 308
-
7 292
-
total
10 308
-
7 292
-
Corporate
-
38 000
-
-
income
-
7 980
-
-
surtax
-
-
-
-
total
-
7 980
-
-
Dividends
-
30 020
-
-
withholding
-
8 406
-
-
total
-
8 406
-
-
Income
38 000
38 000
38 000
38 000
Total tax
24 110
16 386
16 325
15 643
After tax
13 890
21 614
21 675
22 357
Living cost
29 600
29 600
29 600
29 600
Free-cash
-15 710
-7 986
-7 925
-7 243

Estimated living cost  is ₽29600 per week

₽22147
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1746
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5213
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26428
-₽21721
-₽22440
-₽39562
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
income
-
-
-
892
other
-
-
-
1 178
surtax
-
-
-
-
social contributions
-
-
-
1 082
health
-
-
-
330
pensions
-
-
-
11 380
total
-
-
-
14 862
Employee
59 104
-
28 955
-
pensions
6 685
-
3 275
-
surtax
-
-
-
-
social contributions
1 683
-
824
-
income
5 157
-
1 001
-
total
13 525
-
5 100
-
Employer
59 104
-
28 955
-
health
4 137
-
2 027
-
pensions
9 711
-
4 756
-
unemployment
2 394
-
1 173
-
social contributions
177
-
88
-
other
2 040
-
999
-
total
18 459
-
9 043
-
Corporate
-
38 000
-
-
income
-
10 641
-
-
surtax
-
-
-
-
total
-
10 641
-
-
Dividends
-
27 359
-
-
surtax
-
-
-
-
social contributions
-
4 706
-
-
withholding
-
3 503
-
-
total
-
8 209
-
-
Income
38 000
38 000
38 000
38 000
Total tax
31 984
18 850
14 143
14 862
After tax
6 016
19 150
23 857
23 138
Living cost
45 578
45 578
45 578
45 578
Free-cash
-39 562
-26 428
-21 721
-22 440

Estimated living cost  is ₽45578 per week

₽30846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3728
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.
₽10378
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5834
₽2396
₽1275
₽2664
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
income
-
-
-
-
social contributions
-
-
-
8 359
total
-
-
-
8 359
Employee
30 338
-
32 900
-
income
-
-
-
-
social contributions
1 972
-
2 138
-
total
1 972
-
2 138
-
Employer
30 338
-
32 900
-
social contributions
4 703
-
5 100
-
total
4 703
-
5 100
-
Corporate
2 959
38 000
-
-
income
295
3 800
-
-
total
295
3 800
-
-
Dividends
2 664
34 200
-
-
total
-
-
-
-
Income
38 000
38 000
38 000
38 000
Total tax
6 970
3 800
7 238
8 359
After tax
31 030
34 200
30 762
29 641
Living cost
28 366
28 366
28 366
28 366
Free-cash
2 664
5 834
2 396
1 275

Estimated living cost  is ₽28366 per week

₽18341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2138
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.
₽7353
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽167592
-₽167592
-₽19736
-₽167592
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
labour market
-
-
-
2 975
municipal
-
-
-
5 328
national
-
-
-
3 171
pensions
-
-
-
818
total
-
-
-
12 292
Employee
191 810
191 810
191 810
-
municipal
40 845
40 845
40 845
-
labour market
15 323
15 323
15 323
-
pensions
273
273
273
-
national
23 433
23 433
23 433
-
total
79 874
79 874
79 874
-
Employer
191 810
191 810
191 810
-
national
23 474
23 474
23 474
-
labour market
15 345
15 345
15 345
-
pensions
545
545
545
-
municipal
40 910
40 910
40 910
-
total
80 274
80 274
80 274
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 000
38 000
38 000
38 000
Total tax
160 148
160 148
160 148
12 292
After tax
-122 148
-122 148
-122 148
25 708
Living cost
45 444
45 444
45 444
45 444
Free-cash
-167 592
-167 592
-167 592
-19 736

Estimated living cost  is ₽45444 per week

₽31103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4020
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽699
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17581
-₽590
₽5135
-₽1121
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
241
income
-
-
-
5 567
other
-
-
-
353
health
-
-
-
2 079
pensions
-
-
-
3 966
total
-
-
-
12 206
Employee
32 498
-
31 567
-
pensions
3 660
-
3 554
-
income
4 458
-
4 331
-
health
3 721
-
3 614
-
total
11 839
-
11 499
-
Employer
32 498
-
31 567
-
pensions
5 284
-
5 132
-
accident
543
-
527
-
unemployment
796
-
773
-
total
6 623
-
6 432
-
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
18 462
34 922
17 931
12 206
After tax
19 538
3 078
20 069
25 794
Living cost
20 659
20 659
20 659
20 659
Free-cash
-1 121
-17 581
-590
5 135

Estimated living cost  is ₽20659 per week

₽15037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9934
-₽12258
-₽5605
-₽21016
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
38 000
health
-
-
-
192
municipal
-
-
-
6 805
national
-
-
-
378
total
-
-
-
7 375
Employee
49 648
-
31 969
-
municipal
8 132
-
5 261
-
unemployment
745
-
480
-
pensions
3 351
-
2 158
-
national
820
-
-
-
health
371
-
98
-
total
13 419
-
7 997
-
Employer
49 648
-
31 969
-
health
381
-
245
-
pensions
8 614
-
5 546
-
accident
50
-
32
-
unemployment
322
-
208
-
total
9 367
-
6 031
-
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
-
4 104
-
-
national
-
-
-
-
total
-
4 104
-
-
Income
38 000
38 000
38 000
38 000
Total tax
22 786
11 704
14 028
7 375
After tax
15 214
26 296
23 972
30 625
Living cost
36 230
36 230
36 230
36 230
Free-cash
-21 016
-9 934
-12 258
-5 605

Estimated living cost  is ₽36230 per week

₽23665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3485
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽577
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8504
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5187
₽1342
₽9254
₽1156
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
income
-
-
-
-
social contributions
-
-
-
5 928
health
-
-
-
969
total
-
-
-
6 897
Employee
72 564
72 564
72 564
-
social contributions
2 743
6 022
2 863
-
income
7 901
6 717
7 858
-
health
562
1 234
587
-
total
11 206
13 973
11 308
-
Employer
72 564
72 564
72 564
-
health
611
1 343
638
-
social contributions
2 743
6 022
2 863
-
total
3 354
7 365
3 501
-
Corporate
1 591
-
-
-
income
199
-
-
-
total
199
-
-
-
Dividends
1 392
-
-
-
withholding
236
-
-
-
total
236
-
-
-
Income
38 000
38 000
38 000
38 000
Total tax
14 995
21 338
14 809
6 897
After tax
23 005
16 662
23 191
31 103
Living cost
21 849
21 849
21 849
21 849
Free-cash
1 156
-5 187
1 342
9 254

Estimated living cost  is ₽21849 per week

₽13094
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6128
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16485
₽8654
₽10764
₽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

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
income
-
-
-
2 808
unemployment
-
-
-
27
health
-
-
-
3 415
pensions
-
-
-
6 003
total
-
-
-
12 253
Employee

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

21 660
-
34 452
-
unemployment
107
-
172
-
pensions
3 248
-
5 168
-
income
1 481
-
2 547
-
health
1 841
-
2 928
-
total
6 677
-
10 815
-
Employer

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

21 660
-
34 452
-
health
931
-
1 481
-
pensions
1 191
-
1 895
-
unemployment
107
-
172
-
total
2 229
-
3 548
-
Corporate
14 110
38 000
-
-
income
1 270
3 420
-
-
total
1 270
3 420
-
-
Dividends
12 840
34 580
-
-
withholding
1 155
3 112
-
-
total
1 155
3 112
-
-
Income
38 000
38 000
38 000
38 000
Total tax
11 331
6 532
14 363
12 253
After tax
26 669
31 468
23 637
25 747
Living cost
14 983
14 983
14 983
14 983
Free-cash
11 686
16 485
8 654
10 764

Estimated living cost  is ₽14983 per week

₽9559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1080
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3897
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽219
-₽5112
-₽4620
-₽8016
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
342
income
-
-
-
5 269
other
-
-
-
38
unemployment
-
-
-
267
pensions
-
-
-
10 754
total
-
-
-
16 670
Employee
34 893
-
27 954
-
other
34
-
32
-
unemployment
541
-
489
-
pensions
1 640
-
1 481
-
income
6 727
-
5 114
-
total
8 942
-
7 116
-
Employer
34 893
-
27 954
-
pensions
8 234
-
7 437
-
accident
691
-
623
-
unemployment
1 920
-
1 733
-
other
279
-
253
-
total
11 124
-
10 046
-
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
20 066
12 269
17 162
16 670
After tax
17 934
25 731
20 838
21 330
Living cost
25 950
25 950
25 950
25 950
Free-cash
-8 016
-219
-5 112
-4 620

Estimated living cost  is ₽25950 per week

₽17516
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2495
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21807
₽21542
₽21677
₽21494
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
income
-
-
-
12 022
health
-
-
-
1 007
pensions
-
-
-
1 389
total
-
-
-
14 418
Employee
2 901
-
36 437
-
unemployment
29
-
69
-
pensions
261
-
625
-
income
561
-
11 949
-
health
145
-
347
-
total
996
-
12 990
-
Employer
2 901
-
36 437
-
health
276
-
660
-
pensions
319
-
764
-
unemployment
58
-
139
-
total
653
-
1 563
-
Corporate
34 446
38 000
-
-
income
7 578
8 360
-
-
total
7 578
8 360
-
-
Dividends
26 868
29 640
-
-
withholding
5 374
5 928
-
-
total
5 374
5 928
-
-
Income
38 000
38 000
38 000
38 000
Total tax
14 601
14 288
14 553
14 418
After tax
23 399
23 712
23 447
23 582
Living cost
1 905
1 905
1 905
1 905
Free-cash
21 494
21 807
21 542
21 677

Estimated living cost  is ₽1905 per week

₽1132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11134
₽4577
₽2942
₽6491
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
4 373
unemployment
-
-
-
570
health
-
-
-
3 914
pensions
-
-
-
9 880
total
-
-
-
18 737
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.

24 612
-
32 231
-
unemployment
185
-
242
-
pensions
3 446
-
4 512
-
income
3 393
-
4 918
-
health
1 267
-
1 660
-
total
8 291
-
11 332
-
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.

24 612
-
32 231
-
health
1 267
-
1 660
-
pensions
2 953
-
3 868
-
unemployment
185
-
242
-
total
4 405
-
5 770
-
Corporate
8 983
38 000
-
-
income
1 347
5 700
-
-
total
1 347
5 700
-
-
Dividends
7 635
32 300
-
-
withholding
1 145
4 845
-
-
total
1 145
4 845
-
-
Income
38 000
38 000
38 000
38 000
Total tax
15 188
10 545
17 102
18 737
After tax
22 812
27 455
20 898
19 263
Living cost
16 321
16 321
16 321
16 321
Free-cash
6 491
11 134
4 577
2 942

Estimated living cost  is ₽16321 per week

₽10989
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1262
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3827
-₽3766
-₽3084
-₽7324
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
2 438
surtax
-
-
-
-
social contributions

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

-
-
-
13 205
total
-
-
-
15 643
Employee
36 626
-
30 706
-
surtax
-
-
-
-
social contributions
4 029
-
3 377
-
income
7 156
-
5 656
-
total
11 185
-
9 033
-
Employer
36 626
-
30 706
-
social contributions
8 698
-
7 292
-
total
8 698
-
7 292
-
Corporate
-
38 000
-
-
income
-
7 980
-
-
surtax
-
-
-
-
total
-
7 980
-
-
Dividends
-
30 020
-
-
withholding
-
8 406
-
-
total
-
8 406
-
-
Income
38 000
38 000
38 000
38 000
Total tax
19 883
16 386
16 325
15 643
After tax
18 117
21 614
21 675
22 357
Living cost
25 441
25 441
25 441
25 441
Free-cash
-7 324
-3 827
-3 766
-3 084

Estimated living cost  is ₽25441 per week

₽18019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7434
-₽12327
-₽11835
-₽22107
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
342
income
-
-
-
5 269
other
-
-
-
38
unemployment
-
-
-
267
pensions
-
-
-
10 754
total
-
-
-
16 670
Employee
45 575
-
27 954
-
other
45
-
32
-
unemployment
706
-
489
-
pensions
2 142
-
1 481
-
income
9 519
-
5 114
-
total
12 412
-
7 116
-
Employer
45 575
-
27 954
-
pensions
10 755
-
7 437
-
accident
903
-
623
-
unemployment
2 507
-
1 733
-
other
365
-
253
-
total
14 530
-
10 046
-
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
26 942
12 269
17 162
16 670
After tax
11 058
25 731
20 838
21 330
Living cost
33 165
33 165
33 165
33 165
Free-cash
-22 107
-7 434
-12 327
-11 835

Estimated living cost  is ₽33165 per week

₽23817
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2579
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16259
₽7758
₽7269
₽10509
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
income
-
-
-
5 700
unemployment
-
-
-
132
health
-
-
-
3 790
pensions

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

-
-
-
4 878
total
-
-
-
14 500
Employee
21 492
-
31 767
-
accident

We are using the highest rate at 1.1%.

236
-
350
-
pensions

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

1 887
-
2 789
-
income
2 150
-
3 177
-
health
989
-
1 461
-
total
5 262
-
7 777
-
Employer
21 492
-
31 767
-
health
1 483
-
2 193
-
pensions

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

2 368
-
3 501
-
accident

We are using the highest rate at 1.1%.

236
-
350
-
unemployment
129
-
190
-
total
4 216
-
6 234
-
Corporate
12 291
38 000
-
-
income
1 229
3 800
-
-
total
1 229
3 800
-
-
Dividends
11 062
34 200
-
-
withholding
553
1 710
-
-
total
553
1 710
-
-
Income
38 000
38 000
38 000
38 000
Total tax
11 260
5 510
14 011
14 500
After tax
26 740
32 490
23 989
23 500
Living cost
16 231
16 231
16 231
16 231
Free-cash
10 509
16 259
7 758
7 269

Estimated living cost  is ₽16231 per week

₽10735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽929
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16664
-₽6449
-₽6449
-₽8953
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
1 488
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.

-
-
-
82
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.

-
-
-
6 447
trade
-
-
-
-
total
-
-
-
8 017
Employee

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

46 953
-
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.

213
-
82
-
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.

3 861
-
1 488
-
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.

6 447
-
6 447
-
total
10 521
-
8 017
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
38 000
-
-
income
-
5 700
-
-
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
-
-
chamber of commerce
-
199
-
-
trade
-
5 453
-
-
total
-
11 665
-
-
Dividends
-
26 335
-
-
surtax

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

-
342
-
-
withholding
-
6 225
-
-
total
-
6 567
-
-
Income
38 000
38 000
38 000
38 000
Total tax
10 521
18 232
8 017
8 017
After tax
27 479
19 768
29 983
29 983
Living cost
36 432
36 432
36 432
36 432
Free-cash
-8 953
-16 664
-6 449
-6 449

Estimated living cost  is ₽36432 per week

₽25132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6852
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27155
-₽22593
-₽22593
-₽35817
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
income
-
-
-
4 645
social contributions
-
-
-
2 193
total
-
-
-
6 838
Employee
73 816
-
38 000
-
income
13 929
-
4 645
-
social contributions
6 133
-
2 193
-
total
20 062
-
6 838
-
Employer
73 816
-
38 000
-
total
-
-
-
-
Corporate
-
38 000
-
-
income
-
4 749
-
-
total
-
4 749
-
-
Dividends
-
33 251
-
-
withholding
-
6 651
-
-
total
-
6 651
-
-
Income
38 000
38 000
38 000
38 000
Total tax
20 062
11 400
6 838
6 838
After tax
17 938
26 600
31 162
31 162
Living cost
53 755
53 755
53 755
53 755
Free-cash
-35 817
-27 155
-22 593
-22 593

Estimated living cost  is ₽53755 per week

₽40896
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4380
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7965
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13260
-₽5906
-₽28826
-₽12443
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
38 000
income
-
-
-
26 862
health

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

-
-
-
5 709
total
-
-
-
32 571
Employee
43 290
-
34 538
-
income
4 697
-
2 727
-
social contributions
4 337
-
3 462
-
total
9 034
-
6 189
-
Employer
43 290
-
34 538
-
social contributions
4 337
-
3 462
-
total
4 337
-
3 462
-
Corporate
-
38 000
-
-
income
-
13 300
-
-
total
-
13 300
-
-
Dividends
-
24 700
-
-
social contributions
2 817
3 705
-
-
total
2 817
3 705
-
-
Income
38 000
38 000
38 000
38 000
Total tax
16 188
17 005
9 651
32 571
After tax
21 812
20 995
28 349
5 429
Living cost
34 255
34 255
34 255
34 255
Free-cash
-12 443
-13 260
-5 906
-28 826

Estimated living cost  is ₽34255 per week

₽22564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2701
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.
₽8465
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6483
-₽9354
-₽6034
-₽15738
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
income
-
-
-
7 231
pensions
-
-
-
1 849
total
-
-
-
9 080
Employee
47 979
-
34 377
-
pensions
3 662
-
2 031
-
income
8 737
-
6 400
-
health
626
-
346
-
total
13 025
-
8 777
-
Employer
47 979
-
34 377
-
health
912
-
653
-
pensions
4 847
-
2 970
-
total
5 759
-
3 623
-
Corporate
-
38 000
-
-
income

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

-
7 220
-
-
total
-
7 220
-
-
Dividends
-
30 780
-
-
withholding
-
2 309
-
-
total
-
2 309
-
-
Income
38 000
38 000
38 000
38 000
Total tax
18 784
9 529
12 400
9 080
After tax
19 216
28 471
25 600
28 920
Living cost
34 954
34 954
34 954
34 954
Free-cash
-15 738
-6 483
-9 354
-6 034

Estimated living cost  is ₽34954 per week

₽23978
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3214
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.
₽7322
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽19626
-₽2635
₽3090
-₽4993
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
241
income
-
-
-
5 567
other
-
-
-
353
health
-
-
-
2 079
pensions
-
-
-
3 966
total
-
-
-
12 206
Employee
35 715
-
31 567
-
pensions
4 022
-
3 554
-
income
4 900
-
4 331
-
health
4 089
-
3 614
-
total
13 011
-
11 499
-
Employer
35 715
-
31 567
-
pensions
5 807
-
5 132
-
accident
596
-
527
-
unemployment
875
-
773
-
total
7 278
-
6 432
-
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
20 289
34 922
17 931
12 206
After tax
17 711
3 078
20 069
25 794
Living cost
22 704
22 704
22 704
22 704
Free-cash
-4 993
-19 626
-2 635
3 090

Estimated living cost  is ₽22704 per week

₽16662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽19552
₽10476
₽10476
₽14963
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
38 000
income
-
-
-
4 326
unemployment
-
-
-
456
work injury
-
-
-
190
health insurance
-
-
-
2 812
pensions
-
-
-
6 992
total
-
-
-
14 776
Employee

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

20 397
-
38 000
-
health insurance
1 509
-
2 812
-
unemployment
245
-
456
-
work injury
102
-
190
-
pensions
3 753
-
6 992
-
income
2 040
-
4 326
-
total
7 649
-
14 776
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
17 603
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
17 603
38 000
-
-
withholding
2 640
5 700
-
-
total
2 640
5 700
-
-
Income
38 000
38 000
38 000
38 000
Total tax
10 289
5 700
14 776
14 776
After tax
27 711
32 300
23 224
23 224
Living cost
12 748
12 748
12 748
12 748
Free-cash
14 963
19 552
10 476
10 476

Estimated living cost  is ₽12748 per week

₽7898
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽926
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3526
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
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Source of data for Skopje model

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Rome , Italy
-₽17577
-₽18861
-₽16670
-₽41520
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
social contributions
-
-
-
9 774
regional
-
-
-
502
municipal
-
-
-
254
national
-
-
-
6 547
total
-
-
-
17 077
Employee
79 519
-
38 000
-
municipal
475
-
227
-
national
13 438
-
5 793
-
regional
1 201
-
435
-
social contributions
26 813
-
12 813
-
total
41 927
-
19 268
-
Employer
79 519
-
38 000
-
total
-
-
-
-
Corporate
-
38 000
-
-
municipal
-
1 832
-
-
nationa
-
9 120
-
-
total
-
10 952
-
-
Dividends
-
27 048
-
-
withholding
-
7 032
-
-
total
-
7 032
-
-
Income
38 000
38 000
38 000
38 000
Total tax
41 927
17 984
19 268
17 077
After tax
-3 927
20 016
18 732
20 923
Living cost
37 593
37 593
37 593
37 593
Free-cash
-41 520
-17 577
-18 861
-16 670

Estimated living cost  is ₽37593 per week

₽26407
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8032
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
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Source of data for Rome model

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