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
-₽11031
-₽419
-₽308
-₽308
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
38 000
trade
-
-
-
-
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.

-
-
-
968
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.

-
-
-
6 862
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.

-
-
-
53
total
-
-
-
7 883
Employee

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

38 419
-
38 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 862
-
6 862
-
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.

59
-
53
-
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.

1 073
-
968
-
total
7 994
-
7 883
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
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.

-
313
-
-
income
-
5 699
-
-
trade
-
5 985
-
-
chamber of commerce
-
208
-
-
total
-
12 205
-
-
Dividends
-
25 795
-
-
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.

-
334
-
-
withholding
-
6 067
-
-
total
-
6 401
-
-
Income
38 000
38 000
38 000
38 000
Total tax
7 994
18 606
7 883
7 883
After tax
30 006
19 394
30 117
30 117
Living cost
30 425
30 425
30 425
30 425
Free-cash
-419
-11 031
-308
-308

Estimated living cost  is ₽30425 per week

₽19138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3547
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.
₽7171
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26967
-₽47692
-₽25768
-₽25469
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
municipal
-
-
-
3 185
pensions
-
-
-
4 560
national
-
-
-
4 935
social contributions
-
-
-
409
total
-
-
-
13 089
Employee
78 562
-
32 851
-
municipal
9 704
-
3 332
-
pensions
3 142
-
1 314
-
national
15 037
-
5 163
-
total
27 883
-
9 809
-
Employer
78 562
-
32 851
-
social contributions
845
-
353
-
pensions
6 285
-
2 628
-
total
7 130
-
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
35 013
14 288
12 790
13 089
After tax
2 987
23 712
25 210
24 911
Living cost
50 679
50 679
50 679
50 679
Free-cash
-47 692
-26 967
-25 469
-25 768

Estimated living cost  is ₽50679 per week

₽34446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽759
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9503
₽1263
₽8242
₽906
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
5 699
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.

-
-
-
3 162
total
-
-
-
8 861
Employee
29 351
-
30 623
-
social contributions

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

3 229
-
3 368
-
surtax
-
-
-
-
income
5 225
-
5 452
-
total
8 454
-
8 820
-
Employer
29 351
-
30 623
-
social contributions

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

7 070
-
7 377
-
surtax
-
-
-
-
total
7 070
-
7 377
-
Corporate
1 579
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%.

316
7 600
-
-
total
316
7 600
-
-
Dividends

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

1 262
30 400
-
-
total
-
-
-
-
Income
38 000
38 000
38 000
38 000
Total tax
15 840
7 600
16 197
8 861
After tax
22 160
30 400
21 803
29 139
Living cost
20 897
20 897
20 897
20 897
Free-cash
1 263
9 503
906
8 242

Estimated living cost  is ₽20897 per week

₽13332
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1990
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽56108
-₽61746
-₽20171
-₽61746
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 420
pensions
-
-
-
6 839
health
-
-
-
5 833
total
-
-
-
16 092
Employee
85 778
85 778
85 778
-
health
13 166
11 199
13 166
-
income

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

14 040
14 040
14 040
-
pensions
15 440
11 769
15 440
-
total
42 646
37 008
42 646
-
Employer
85 778
85 778
85 778
-
unemployment
3 088
3 088
3 088
-
pensions
5 970
5 970
5 970
-
health
5 963
5 963
5 963
-
total
15 021
15 021
15 021
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 000
38 000
38 000
38 000
Total tax
57 667
52 029
57 667
16 092
After tax
-19 667
-14 029
-19 667
21 908
Living cost
42 079
42 079
42 079
42 079
Free-cash
-61 746
-56 108
-61 746
-20 171

Estimated living cost  is ₽42079 per week

₽29820
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.
₽669
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18214
-₽34960
-₽20020
-₽18669
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
municipal
-
-
-
8 049
accident
-
-
-
76
pensions
-
-
-
4 108
other
-
-
-
4 416
unemployment
-
-
-
38
health
-
-
-
2 371
national
-
-
-
-
total
-
-
-
19 058
Employee
55 518
-
28 915
-
municipal
16 555
-
8 622
-
national
-
-
-
-
total
16 555
-
8 622
-
Employer
55 518
-
28 915
-
accident
111
-
58
-
other
6 451
-
3 360
-
unemployment
1 466
-
763
-
pensions
6 001
-
3 126
-
health
3 414
-
1 778
-
total
17 443
-
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
33 998
17 252
17 707
19 058
After tax
4 002
20 748
20 293
18 942
Living cost
38 962
38 962
38 962
38 962
Free-cash
-34 960
-18 214
-18 669
-20 020

Estimated living cost  is ₽38962 per week

₽25823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
-₽20259
-₽12939
-₽9343
-₽9343
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
38 000
trade
-
-
-
-
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.

-
-
-
968
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.

-
-
-
6 862
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.

-
-
-
53
total
-
-
-
7 883
Employee

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

50 939
-
38 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 862
-
6 862
-
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.

240
-
53
-
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.

4 377
-
968
-
total
11 479
-
7 883
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
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.

-
313
-
-
income
-
5 699
-
-
trade
-
6 250
-
-
chamber of commerce
-
206
-
-
total
-
12 468
-
-
Dividends
-
25 532
-
-
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.

-
330
-
-
withholding
-
6 001
-
-
total
-
6 331
-
-
Income
38 000
38 000
38 000
38 000
Total tax
11 479
18 799
7 883
7 883
After tax
26 521
19 201
30 117
30 117
Living cost
39 460
39 460
39 460
39 460
Free-cash
-12 939
-20 259
-9 343
-9 343

Estimated living cost  is ₽39460 per week

₽26391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17293
-₽11802
-₽1511
-₽9963
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 185
income
-
-
-
-
health
-
-
-
974
social contributions
-
-
-
5 957
total
-
-
-
6 931
Employee
77 239
77 239
77 239
-
social contributions
3 753
6 410
2 863
-
health
768
1 313
587
-
income
8 111
7 150
8 431
-
total
12 632
14 873
11 881
-
Employer
77 239
77 239
77 239
-
social contributions
3 753
6 410
2 863
-
health
837
1 430
639
-
total
4 590
7 840
3 502
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 000
38 000
38 000
38 000
Total tax
17 222
22 713
15 383
6 931
After tax
20 778
15 287
22 617
31 069
Living cost
32 580
32 580
32 580
32 580
Free-cash
-11 802
-17 293
-9 963
-1 511

Estimated living cost  is ₽32580 per week

₽22272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7217
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3410
₽3790
₽8097
₽3802
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 646
pensions
-
-
-
3 800
unemployment
-
-
-
570
health
-
-
-
2 660
total
-
-
-
11 676
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.

26 310
10 471
31 799
-
health
1 842
733
2 226
-
income
3 216
1 280
3 887
-
pensions
2 631
1 047
3 180
-
unemployment
395
157
477
-
total
8 084
3 217
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.

26 310
10 471
31 799
-
pensions
5 131
2 042
6 201
-
total
5 131
2 042
6 201
-
Corporate
6 559
25 487
-
-
income
590
2 294
-
-
total
590
2 294
-
-
Dividends
5 969
23 193
-
-
social contributions
1 044
4 403
-
-
withholding
1 134
4 407
-
-
total
2 178
8 810
-
-
Income
38 000
38 000
38 000
38 000
Total tax
15 983
16 363
15 971
11 676
After tax
22 017
21 637
22 029
26 324
Living cost
18 227
18 227
18 227
18 227
Free-cash
3 790
3 410
3 802
8 097

Estimated living cost  is ₽18227 per week

₽12438
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1491
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6138
-₽128
-₽1607
-₽72
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 804
pensions
-
-
-
7 600
health
-
-
-
4 941
total
-
-
-
15 345
Employee
28 495
-
28 401
-
income
3 208
-
3 189
-
pensions
570
-
568
-
unemployment
456
-
454
-
total
4 234
-
4 211
-
Employer
28 495
-
28 401
-
unemployment
229
-
227
-
pensions
5 699
-
5 680
-
health
3 704
-
3 692
-
total
9 632
-
9 599
-
Corporate
-
38 000
-
-
income
-
7 600
-
-
total
-
7 600
-
-
Dividends
-
30 400
-
-
total
-
-
-
-
Income
38 000
38 000
38 000
38 000
Total tax
13 866
7 600
13 810
15 345
After tax
24 134
30 400
24 190
22 655
Living cost
24 262
24 262
24 262
24 262
Free-cash
-128
6 138
-72
-1 607

Estimated living cost  is ₽24262 per week

₽16641
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18966
-₽3744
₽3472
-₽1978
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
5 506
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
12 484
Employee
34 676
-
31 566
-
health
3 970
-
3 615
-
income
4 757
-
4 331
-
pensions
3 905
-
3 554
-
total
12 632
-
11 500
-
Employer
34 676
-
31 566
-
accident
579
-
527
-
unemployment
850
-
774
-
pensions
5 639
-
5 133
-
total
7 068
-
6 434
-
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
19 700
34 922
17 934
12 484
After tax
18 300
3 078
20 066
25 516
Living cost
22 044
22 044
22 044
22 044
Free-cash
-3 744
-18 966
-1 978
3 472

Estimated living cost  is ₽22044 per week

₽16156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1221
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.
₽4207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27000
₽25293
₽28520
₽21300
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 374
-
38 000
-
income
2 275
-
7 600
-
total
2 275
-
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%.

26 626
38 000
-
-
total
-
-
-
-
Dividends
26 626
38 000
-
-
withholding
1 332
1 900
-
-
total
1 332
1 900
-
-
Income
38 000
38 000
38 000
38 000
Total tax
3 607
1 900
7 600
380
After tax
34 393
36 100
30 400
37 620
Living cost
9 100
9 100
9 100
9 100
Free-cash
25 293
27 000
21 300
28 520

Estimated living cost  is ₽9100 per week

₽5639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1155
-₽7663
-₽6187
-₽4490
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
9 119
other
-
-
-
1 805
health
-
-
-
1 672
total
-
-
-
17 422
Employee
36 471
-
30 352
-
health
511
-
425
-
income
6 279
-
5 225
-
pensions

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

2 552
-
2 125
-
unemployment
364
-
303
-
total
9 706
-
8 078
-
Employer
36 471
-
30 352
-
accident
292
-
242
-
other
1 824
-
1 517
-
unemployment
364
-
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.

6 201
-
5 160
-
health
511
-
425
-
total
9 192
-
7 647
-
Corporate
-
38 000
-
-
income
-
7 979
-
-
total
-
7 979
-
-
Dividends
-
30 021
-
-
withholding
-
2 101
-
-
total
-
2 101
-
-
Income
38 000
38 000
38 000
38 000
Total tax
18 898
10 080
15 725
17 422
After tax
19 102
27 920
22 275
20 578
Living cost
26 765
26 765
26 765
26 765
Free-cash
-7 663
1 155
-4 490
-6 187

Estimated living cost  is ₽26765 per week

₽18911
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽38622
-₽69938
-₽38089
-₽41293
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 251
pensions
-
-
-
1 745
total
-
-
-
8 996
Employee
94 927
-
34 478
-
health
1 564
-
325
-
income
17 112
-
6 449
-
pensions
9 158
-
1 904
-
total
27 834
-
8 678
-
Employer
94 927
-
34 478
-
pensions
11 208
-
2 866
-
health
1 803
-
656
-
total
13 011
-
3 522
-
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
40 845
9 529
12 200
8 996
After tax
-2 845
28 471
25 800
29 004
Living cost
67 093
67 093
67 093
67 093
Free-cash
-69 938
-38 622
-41 293
-38 089

Estimated living cost  is ₽67093 per week

₽50274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7883
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.
₽8391
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽19322
₽14657
₽9766
₽10821
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
15 066
Employee
17 436
-
31 766
-
health
802
-
1 461
-
accident

We are using the highest rate at 1.1%.

192
-
350
-
income
1 743
-
3 177
-
pensions

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

1 531
-
2 789
-
total
4 268
-
7 777
-
Employer
17 436
-
31 766
-
accident

We are using the highest rate at 1.1%.

192
-
350
-
unemployment
104
-
191
-
pensions

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

1 922
-
3 500
-
health
1 203
-
2 193
-
total
3 421
-
6 234
-
Corporate
17 143
38 000
-
-
income
1 714
3 800
-
-
total
1 714
3 800
-
-
Dividends
15 429
34 200
-
-
withholding
772
1 710
-
-
total
772
1 710
-
-
Income
38 000
38 000
38 000
38 000
Total tax
10 175
5 510
14 011
15 066
After tax
27 825
32 490
23 989
22 934
Living cost
13 168
13 168
13 168
13 168
Free-cash
14 657
19 322
10 821
9 766

Estimated living cost  is ₽13168 per week

₽7687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽69728
-₽71431
-₽33791
-₽75366
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 420
pensions
-
-
-
6 839
health
-
-
-
5 833
total
-
-
-
16 092
Employee
93 127
85 778
85 778
-
health
11 618
11 199
13 166
-
income

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

14 040
14 040
14 040
-
pensions
11 769
11 769
15 440
-
total
37 427
37 008
42 646
-
Employer
93 127
85 778
85 778
-
unemployment
3 353
3 088
3 088
-
pensions
6 481
5 970
5 970
-
health
6 471
5 963
5 963
-
total
16 305
15 021
15 021
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 000
38 000
38 000
38 000
Total tax
53 732
52 029
57 667
16 092
After tax
-15 732
-14 029
-19 667
21 908
Living cost
55 699
55 699
55 699
55 699
Free-cash
-71 431
-69 728
-75 366
-33 791

Estimated living cost  is ₽55699 per week

₽41088
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2143
-₽9334
-₽5512
-₽4736
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 130
solidarity contribution
-
-
-
-
social contributions
-
-
-
11 096
total
-
-
-
19 492
Employee
35 323
-
28 358
-
social contributions
2 296
-
1 843
-
health
4 769
-
3 828
-
solidarity contribution
-
-
-
-
income
4 239
-
3 403
-
total
11 304
-
9 074
-
Employer
35 323
-
28 358
-
social contributions
8 831
-
7 090
-
health
3 179
-
2 552
-
total
12 010
-
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
23 314
11 837
18 716
19 492
After tax
14 686
26 163
19 284
18 508
Living cost
24 020
24 020
24 020
24 020
Free-cash
-9 334
2 143
-4 736
-5 512

Estimated living cost  is ₽24020 per week

₽16684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
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.
₽5154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22108
-₽51271
-₽21222
-₽23504
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
municipal
-
-
-
225
regional
-
-
-
347
national
-
-
-
6 492
social contributions
-
-
-
9 773
total
-
-
-
16 837
Employee
89 271
-
38 000
-
social contributions
30 102
-
12 813
-
regional
842
-
311
-
municipal
473
-
202
-
national
15 469
-
5 793
-
total
46 886
-
19 119
-
Employer
89 271
-
38 000
-
total
-
-
-
-
Corporate
-
38 000
-
-
nationa
-
9 119
-
-
municipal
-
1 481
-
-
total
-
10 600
-
-
Dividends
-
27 400
-
-
withholding
-
7 123
-
-
total
-
7 123
-
-
Income
38 000
38 000
38 000
38 000
Total tax
46 886
17 723
19 119
16 837
After tax
-8 886
20 277
18 881
21 163
Living cost
42 385
42 385
42 385
42 385
Free-cash
-51 271
-22 108
-23 504
-21 222

Estimated living cost  is ₽42385 per week

₽29546
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽650
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9409
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1737
-₽2209
-₽288
-₽1189
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 494
pensions
-
-
-
7 600
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
2 699
surtax
-
-
-
101
total
-
-
-
16 123
Employee
33 217
-
31 393
-
other
-
-
-
-
health
848
-
801
-
surtax
109
-
76
-
income
5 568
-
5 263
-
pensions
2 215
-
2 093
-
unemployment
2 312
-
2 184
-
total
11 052
-
10 417
-
Employer
33 217
-
31 393
-
other
-
-
-
-
unemployment
1 052
-
995
-
pensions
4 428
-
4 184
-
health
1 512
-
1 428
-
total
6 992
-
6 607
-
Corporate
-
38 000
-
-
income
-
9 880
-
-
total
-
9 880
-
-
Dividends
-
28 120
-
-
withholding
-
4 218
-
-
total
-
4 218
-
-
Income
38 000
38 000
38 000
38 000
Total tax
18 044
14 098
17 024
16 123
After tax
19 956
23 902
20 976
21 877
Living cost
22 165
22 165
22 165
22 165
Free-cash
-2 209
1 737
-1 189
-288

Estimated living cost  is ₽22165 per week

₽13553
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17365
-₽33714
-₽16832
-₽20036
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 251
pensions
-
-
-
1 745
total
-
-
-
8 996
Employee
63 617
-
34 478
-
health
924
-
325
-
income
11 458
-
6 449
-
pensions
5 400
-
1 904
-
total
17 782
-
8 678
-
Employer
63 617
-
34 478
-
pensions
6 887
-
2 866
-
health
1 209
-
656
-
total
8 096
-
3 522
-
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
25 878
9 529
12 200
8 996
After tax
12 122
28 471
25 800
29 004
Living cost
45 836
45 836
45 836
45 836
Free-cash
-33 714
-17 365
-20 036
-16 832

Estimated living cost  is ₽45836 per week

₽34340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7580
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽59018
-₽59916
-₽43873
-₽46664
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
398
pensions
-
-
-
3 496
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
-
-
-
538
health
-
-
-
249
national
-
-
-
39
total
-
-
-
5 479
Employee
89 401
-
33 546
-
city
959
-
355
-
regional
2 927
-
406
-
health
202
-
75
-
pensions
7 511
-
3 339
-
unemployment
-
-
-
-
national
423
-
10
-
total
12 022
-
4 185
-
Employer
89 401
-
33 546
-
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.

1 787
-
671
-
unemployment
-
-
-
-
pensions
7 511
-
3 339
-
health
202
-
75
-
total
9 500
-
4 085
-
Corporate
-
38 000
-
-
regional
-
8 037
-
-
national
-
3 230
-
-
total
-
11 267
-
-
Dividends
-
26 734
-
-
withholding
-
9 357
-
-
total
-
9 357
-
-
Income
38 000
38 000
38 000
38 000
Total tax
21 522
20 624
8 270
5 479
After tax
16 478
17 376
29 730
32 521
Living cost
76 394
76 394
76 394
76 394
Free-cash
-59 916
-59 018
-46 664
-43 873

Estimated living cost  is ₽76394 per week

₽49678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽938
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18922
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽27010
-₽22367
-₽15898
-₽15898
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
38 000
trade
-
-
-
-
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.

-
-
-
968
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.

-
-
-
6 862
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.

-
-
-
53
total
-
-
-
7 883
Employee

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

60 367
-
38 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 862
-
6 862
-
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.

391
-
53
-
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.

7 099
-
968
-
total
14 352
-
7 883
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
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.

-
313
-
-
income
-
5 699
-
-
trade
-
6 517
-
-
chamber of commerce
-
206
-
-
total
-
12 735
-
-
Dividends
-
25 265
-
-
surtax

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

-
326
-
-
withholding
-
5 934
-
-
total
-
6 260
-
-
Income
38 000
38 000
38 000
38 000
Total tax
14 352
18 995
7 883
7 883
After tax
23 648
19 005
30 117
30 117
Living cost
46 015
46 015
46 015
46 015
Free-cash
-22 367
-27 010
-15 898
-15 898

Estimated living cost  is ₽46015 per week

₽33608
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15212
-₽18415
-₽11151
-₽10352
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
719
pensions
-
-
-
11 475
other
-
-
-
1 178
health
-
-
-
330
surtax
-
-
-
-
social contributions
-
-
-
1 083
total
-
-
-
14 785
Employee
42 990
-
28 957
-
social contributions
1 226
-
825
-
surtax
-
-
-
-
income
2 537
-
841
-
pensions
4 861
-
3 277
-
total
8 624
-
4 943
-
Employer
42 990
-
28 957
-
other
1 483
-
999
-
social contributions
130
-
88
-
unemployment
1 740
-
1 172
-
pensions
7 062
-
4 758
-
health
3 010
-
2 026
-
total
13 425
-
9 043
-
Corporate
-
38 000
-
-
surtax
-
-
-
-
income
-
10 640
-
-
total
-
10 640
-
-
Dividends
-
27 360
-
-
surtax
-
-
-
-
social contributions
-
4 704
-
-
withholding
-
3 502
-
-
total
-
8 206
-
-
Income
38 000
38 000
38 000
38 000
Total tax
22 049
18 846
13 986
14 785
After tax
15 951
19 154
24 014
23 215
Living cost
34 366
34 366
34 366
34 366
Free-cash
-18 415
-15 212
-10 352
-11 151

Estimated living cost  is ₽34366 per week

₽21669
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11807
-₽12359
-₽7746
-₽6947
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
719
pensions
-
-
-
11 475
other
-
-
-
1 178
health
-
-
-
330
surtax
-
-
-
-
social contributions
-
-
-
1 083
total
-
-
-
14 785
Employee
38 374
-
28 957
-
social contributions
1 094
-
825
-
surtax
-
-
-
-
income
1 979
-
841
-
pensions
4 340
-
3 277
-
total
7 413
-
4 943
-
Employer
38 374
-
28 957
-
other
1 325
-
999
-
social contributions
114
-
88
-
unemployment
1 554
-
1 172
-
pensions
6 306
-
4 758
-
health
2 686
-
2 026
-
total
11 985
-
9 043
-
Corporate
-
38 000
-
-
surtax
-
-
-
-
income
-
10 640
-
-
total
-
10 640
-
-
Dividends
-
27 360
-
-
surtax
-
-
-
-
social contributions
-
4 704
-
-
withholding
-
3 502
-
-
total
-
8 206
-
-
Income
38 000
38 000
38 000
38 000
Total tax
19 398
18 846
13 986
14 785
After tax
18 602
19 154
24 014
23 215
Living cost
30 961
30 961
30 961
30 961
Free-cash
-12 359
-11 807
-6 947
-7 746

Estimated living cost  is ₽30961 per week

₽17956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9274
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1885
₽547
₽3107
₽2218
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 699
health
-
-
-
2 651
social contributions
-
-
-
5 244
total
-
-
-
13 594
Employee
34 058
-
38 000
-
social contributions
4 701
-
5 244
-
health
2 377
-
2 651
-
income
5 680
-
6 588
-
total
12 758
-
14 483
-
Employer
34 058
-
38 000
-
total
-
-
-
-
Corporate
3 942
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%.

196
1 900
-
-
total
196
1 900
-
-
Dividends
3 746
36 100
-
-
health
886
2 520
-
-
social contributions
1 752
4 981
-
-
withholding
562
5 415
-
-
total
3 200
12 916
-
-
Income
38 000
38 000
38 000
38 000
Total tax
16 154
14 816
14 483
13 594
After tax
21 846
23 184
23 517
24 406
Living cost
21 300
21 300
21 300
21 300
Free-cash
547
1 885
2 218
3 107

Estimated living cost  is ₽21300 per week

₽14254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1313
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20268
-₽27796
-₽14076
-₽21625
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
152
income
-
-
-
234
pensions
-
-
-
7 030
unemployment
-
-
-
6 161
health
-
-
-
2 907
surtax
-
-
-
198
total
-
-
-
16 682
Employee
50 199
40 030
40 030
-
other
501
400
288
-
health
1 942
1 550
1 111
-
income
5 715
2 953
3 517
-
pensions
5 141
4 098
2 939
-
unemployment
1 506
1 201
862
-
total
14 805
10 202
8 717
-
Employer
50 199
40 030
40 030
-
accident
652
520
374
-
other
2 385
1 900
1 805
-
chamber of commerce
200
160
160
-
unemployment
1 506
1 201
862
-
surtax
198
198
198
-
pensions
6 300
5 025
3 603
-
payroll
1 506
1 201
1 201
-
health
1 897
1 514
1 085
-
total
14 644
11 719
9 288
-
Corporate
3 812
3 812
24 901
-
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.

953
953
6 226
-
total
953
953
6 226
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 000
38 000
38 000
38 000
Total tax
30 402
22 874
24 231
16 682
After tax
7 598
15 126
13 769
21 318
Living cost
35 394
35 394
35 394
35 394
Free-cash
-27 796
-20 268
-21 625
-14 076

Estimated living cost  is ₽35394 per week

₽23606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15083
-₽54767
-₽13697
-₽19015
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
10 390
communal

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

-
-
-
2 127
social contributions
-
-
-
2 556
total
-
-
-
15 073
Employee

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

71 850
-
29 432
-
communal

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

3 748
-
1 534
-
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.

3 376
-
1 384
-
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.

5 389
-
2 207
-
unemployment

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

625
-
255
-
national
22 090
-
6 446
-
total
35 228
-
11 826
-
Employer

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

71 850
-
29 432
-
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.

934
-
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.

1 048
-
429
-
surtax
8 147
-
3 336
-
pensions

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

6 367
-
2 608
-
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.

4 419
-
1 811
-
total
20 915
-
8 565
-
Corporate
-
38 000
-
-
surtax
-
152
-
-
income
-
7 600
-
-
total
-
7 752
-
-
Dividends
-
30 248
-
-
withholding

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

-
8 707
-
-
total
-
8 707
-
-
Income
38 000
38 000
38 000
38 000
Total tax
56 143
16 459
20 391
15 073
After tax
-18 143
21 541
17 609
22 927
Living cost
36 624
36 624
36 624
36 624
Free-cash
-54 767
-15 083
-19 015
-13 697

Estimated living cost  is ₽36624 per week

₽23591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
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.
₽9258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10528
-₽27939
-₽14874
-₽15955
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
341
income
-
-
-
5 197
pensions
-
-
-
10 755
other
-
-
-
38
unemployment
-
-
-
267
total
-
-
-
16 598
Employee
50 000
-
27 306
-
other
50
-
34
-
income
10 550
-
4 856
-
pensions
2 350
-
1 576
-
unemployment
776
-
520
-
total
13 726
-
6 986
-
Employer
50 000
-
27 306
-
accident
989
-
663
-
other
398
-
269
-
unemployment
2 751
-
1 845
-
pensions
11 799
-
7 916
-
total
15 937
-
10 693
-
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.

-
5 699
-
-
total
-
5 699
-
-
Dividends
-
32 301
-
-
withholding
-
6 553
-
-
total
-
6 553
-
-
Income
38 000
38 000
38 000
38 000
Total tax
29 663
12 252
17 679
16 598
After tax
8 337
25 748
20 321
21 402
Living cost
36 276
36 276
36 276
36 276
Free-cash
-27 939
-10 528
-15 955
-14 874

Estimated living cost  is ₽36276 per week

₽26713
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30678
-₽47155
-₽30495
-₽30496
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
431
income
-
-
-
402
pensions
-
-
-
7 648
health
-
-
-
3 584
surtax
-
-
-
1 843
communal
-
-
-
-
total
-
-
-
13 908
Employee
76 068
-
32 287
-
health
3 385
-
2 127
-
surtax
4 662
-
1 843
-
income
7 347
-
402
-
pensions
6 085
-
3 824
-
total
21 479
-
8 196
-
Employer
76 068
-
32 287
-
accident
684
-
431
-
pensions
6 085
-
3 824
-
health
2 320
-
1 458
-
total
9 089
-
5 713
-
Corporate
-
38 000
-
-
surtax
-
398
-
-
communal
-
2 566
-
-
income
-
5 699
-
-
total
-
8 663
-
-
Dividends
-
29 336
-
-
income
-
1 027
-
-
withholding
-
4 401
-
-
total
-
5 428
-
-
Income
38 000
38 000
38 000
38 000
Total tax
30 568
14 091
13 909
13 908
After tax
7 432
23 909
24 091
24 092
Living cost
54 587
54 587
54 587
54 587
Free-cash
-47 155
-30 678
-30 496
-30 495

Estimated living cost  is ₽54587 per week

₽40948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1340
-₽2948
-₽685
-₽1586
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 494
pensions
-
-
-
7 600
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
2 699
surtax
-
-
-
101
total
-
-
-
16 123
Employee
33 827
-
31 393
-
other
-
-
-
-
health
863
-
801
-
surtax
120
-
76
-
income
5 671
-
5 263
-
pensions
2 257
-
2 093
-
unemployment
2 354
-
2 184
-
total
11 265
-
10 417
-
Employer
33 827
-
31 393
-
other
-
-
-
-
unemployment
1 073
-
995
-
pensions
4 510
-
4 184
-
health
1 538
-
1 428
-
total
7 121
-
6 607
-
Corporate
-
38 000
-
-
income
-
9 880
-
-
total
-
9 880
-
-
Dividends
-
28 120
-
-
withholding
-
4 218
-
-
total
-
4 218
-
-
Income
38 000
38 000
38 000
38 000
Total tax
18 386
14 098
17 024
16 123
After tax
19 614
23 902
20 976
21 877
Living cost
22 562
22 562
22 562
22 562
Free-cash
-2 948
1 340
-1 586
-685

Estimated living cost  is ₽22562 per week

₽13622
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1961
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7085
-₽17719
-₽6122
-₽8377
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
municipal
-
-
-
225
regional
-
-
-
574
national
-
-
-
6 492
social contributions
-
-
-
9 773
total
-
-
-
17 064
Employee
55 719
-
38 000
-
social contributions
18 789
-
12 813
-
regional
750
-
511
-
municipal
295
-
202
-
national
8 827
-
5 793
-
total
28 661
-
19 319
-
Employer
55 719
-
38 000
-
total
-
-
-
-
Corporate
-
38 000
-
-
nationa
-
9 119
-
-
municipal
-
1 889
-
-
total
-
11 008
-
-
Dividends
-
26 992
-
-
withholding
-
7 019
-
-
total
-
7 019
-
-
Income
38 000
38 000
38 000
38 000
Total tax
28 661
18 027
19 319
17 064
After tax
9 339
19 973
18 681
20 936
Living cost
27 058
27 058
27 058
27 058
Free-cash
-17 719
-7 085
-8 377
-6 122

Estimated living cost  is ₽27058 per week

₽16828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3436
-₽20326
-₽11091
-₽10315
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 130
solidarity contribution
-
-
-
-
social contributions
-
-
-
11 096
total
-
-
-
19 492
Employee
43 527
-
28 358
-
social contributions
2 829
-
1 843
-
health
5 876
-
3 828
-
solidarity contribution
-
-
-
-
income
5 223
-
3 403
-
total
13 928
-
9 074
-
Employer
43 527
-
28 358
-
social contributions
10 882
-
7 090
-
health
3 917
-
2 552
-
total
14 799
-
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
28 727
11 837
18 716
19 492
After tax
9 273
26 163
19 284
18 508
Living cost
29 599
29 599
29 599
29 599
Free-cash
-20 326
-3 436
-10 315
-11 091

Estimated living cost  is ₽29599 per week

₽22011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
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.
₽5435
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16722
-₽19495
-₽10530
-₽18170
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
152
income
-
-
-
234
pensions
-
-
-
7 030
unemployment
-
-
-
6 161
health
-
-
-
2 907
surtax
-
-
-
-
total
-
-
-
16 484
Employee
43 908
40 030
40 030
-
other
438
400
288
-
health
1 698
1 550
1 117
-
income
3 911
2 953
3 507
-
pensions
4 497
4 098
2 956
-
unemployment
1 317
1 201
865
-
total
11 861
10 202
8 733
-
Employer
43 908
40 030
40 030
-
accident
570
520
376
-
other
2 085
1 900
1 807
-
chamber of commerce
175
160
160
-
unemployment
1 317
1 201
865
-
surtax
-
-
-
-
pensions
5 511
5 025
3 624
-
payroll
1 317
1 201
1 201
-
health
1 660
1 514
1 092
-
total
12 635
11 521
9 125
-
Corporate
3 812
3 812
25 063
-
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.

953
953
6 266
-
total
953
953
6 266
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 000
38 000
38 000
38 000
Total tax
25 449
22 676
24 124
16 484
After tax
12 551
15 324
13 876
21 516
Living cost
32 046
32 046
32 046
32 046
Free-cash
-19 495
-16 722
-18 170
-10 530

Estimated living cost  is ₽32046 per week

₽19224
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21920
₽19261
₽23440
₽16220
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
17 726
-
38 000
-
income
3 545
-
7 600
-
total
3 545
-
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%.

20 274
38 000
-
-
total
-
-
-
-
Dividends
20 274
38 000
-
-
withholding
1 014
1 900
-
-
total
1 014
1 900
-
-
Income
38 000
38 000
38 000
38 000
Total tax
4 559
1 900
7 600
380
After tax
33 441
36 100
30 400
37 620
Living cost
14 180
14 180
14 180
14 180
Free-cash
19 261
21 920
16 220
23 440

Estimated living cost  is ₽14180 per week

₽9596
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽780
-₽13335
-₽5358
-₽6561
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 679
pensions
-
-
-
6 940
unemployment
-
-
-
57
health
-
-
-
3 740
total
-
-
-
16 416
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.

44 418
-
32 880
-
health
2 869
-
2 123
-
income
7 660
-
5 233
-
pensions
6 885
-
5 097
-
unemployment
63
-
46
-
total
17 477
-
12 499
-
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.

44 418
-
32 880
-
unemployment
27
-
19
-
pensions
3 931
-
2 911
-
health
2 958
-
2 190
-
total
6 916
-
5 120
-
Corporate
-
38 000
-
-
income
-
7 221
-
-
total
-
7 221
-
-
Dividends
-
30 779
-
-
withholding
-
4 617
-
-
total
-
4 617
-
-
Income
38 000
38 000
38 000
38 000
Total tax
24 393
11 838
17 619
16 416
After tax
13 607
26 162
20 381
21 584
Living cost
26 942
26 942
26 942
26 942
Free-cash
-13 335
-780
-6 561
-5 358

Estimated living cost  is ₽26942 per week

₽18490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20443
-₽112534
-₽17301
-₽19149
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
62 462
-
2 118
-
social contributions
5 122
-
730
-
income
13 778
-
305
-
total
18 900
-
1 035
-
Employer
62 462
-
2 118
-
social contributions
88 072
-
12 552
-
total
88 072
-
12 552
-
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
106 972
14 881
13 587
11 739
After tax
-68 972
23 119
24 413
26 261
Living cost
43 562
43 562
43 562
43 562
Free-cash
-112 534
-20 443
-19 149
-17 301

Estimated living cost  is ₽43562 per week

₽28265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10645
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9892
-₽19170
-₽9081
-₽9697
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 370
surtax
-
-
-
-
social contributions

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

-
-
-
13 204
total
-
-
-
15 574
Employee
46 198
-
30 707
-
social contributions
5 082
-
3 378
-
surtax
-
-
-
-
income
9 609
-
5 519
-
total
14 691
-
8 897
-
Employer
46 198
-
30 707
-
social contributions
10 972
-
7 293
-
total
10 972
-
7 293
-
Corporate
-
38 000
-
-
surtax
-
-
-
-
income
-
7 979
-
-
total
-
7 979
-
-
Dividends
-
30 021
-
-
withholding
-
8 406
-
-
total
-
8 406
-
-
Income
38 000
38 000
38 000
38 000
Total tax
25 663
16 385
16 190
15 574
After tax
12 337
21 615
21 810
22 426
Living cost
31 507
31 507
31 507
31 507
Free-cash
-19 170
-9 892
-9 697
-9 081

Estimated living cost  is ₽31507 per week

₽23574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29361
-₽44561
-₽25300
-₽24501
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
719
pensions
-
-
-
11 475
other
-
-
-
1 178
health
-
-
-
330
surtax
-
-
-
-
social contributions
-
-
-
1 083
total
-
-
-
14 785
Employee
62 912
-
28 957
-
social contributions
1 792
-
825
-
surtax
-
-
-
-
income
5 489
-
841
-
pensions
7 116
-
3 277
-
total
14 397
-
4 943
-
Employer
62 912
-
28 957
-
other
2 171
-
999
-
social contributions
189
-
88
-
unemployment
2 549
-
1 172
-
pensions
10 337
-
4 758
-
health
4 403
-
2 026
-
total
19 649
-
9 043
-
Corporate
-
38 000
-
-
surtax
-
-
-
-
income
-
10 640
-
-
total
-
10 640
-
-
Dividends
-
27 360
-
-
surtax
-
-
-
-
social contributions
-
4 704
-
-
withholding
-
3 502
-
-
total
-
8 206
-
-
Income
38 000
38 000
38 000
38 000
Total tax
34 046
18 846
13 986
14 785
After tax
3 954
19 154
24 014
23 215
Living cost
48 515
48 515
48 515
48 515
Free-cash
-44 561
-29 361
-24 501
-25 300

Estimated living cost  is ₽48515 per week

₽32834
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3969
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽665
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4005
₽630
-₽554
₽568
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
income
-
-
-
-
social contributions
-
-
-
8 360
total
-
-
-
8 360
Employee
32 293
-
32 901
-
income
-
-
-
-
social contributions
2 099
-
2 139
-
total
2 099
-
2 139
-
Employer
32 293
-
32 901
-
social contributions
5 006
-
5 099
-
total
5 006
-
5 099
-
Corporate
702
38 000
-
-
income
71
3 801
-
-
total
71
3 801
-
-
Dividends
631
34 199
-
-
total
-
-
-
-
Income
38 000
38 000
38 000
38 000
Total tax
7 176
3 801
7 238
8 360
After tax
30 824
34 199
30 762
29 640
Living cost
30 194
30 194
30 194
30 194
Free-cash
630
4 005
568
-554

Estimated living cost  is ₽30194 per week

₽19523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2276
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.
₽7827
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽180845
-₽180845
-₽22440
-₽180845
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
municipal
-
-
-
5 147
pensions
-
-
-
871
national
-
-
-
3 078
labour market
-
-
-
2 970
total
-
-
-
12 066
Employee
204 175
204 175
204 175
-
labour market
16 311
16 311
16 311
-
national
24 944
24 944
24 944
-
municipal
43 478
43 478
43 478
-
pensions
290
290
290
-
total
85 023
85 023
85 023
-
Employer
204 175
204 175
204 175
-
labour market
16 334
16 334
16 334
-
municipal
43 547
43 547
43 547
-
pensions
580
580
580
-
national
24 987
24 987
24 987
-
total
85 448
85 448
85 448
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 000
38 000
38 000
38 000
Total tax
170 471
170 471
170 471
12 066
After tax
-132 471
-132 471
-132 471
25 934
Living cost
48 374
48 374
48 374
48 374
Free-cash
-180 845
-180 845
-180 845
-22 440

Estimated living cost  is ₽48374 per week

₽33108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18641
-₽3127
₽3797
-₽1653
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
5 506
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
12 484
Employee
34 165
-
31 566
-
health
3 912
-
3 615
-
income
4 687
-
4 331
-
pensions
3 847
-
3 554
-
total
12 446
-
11 500
-
Employer
34 165
-
31 566
-
accident
570
-
527
-
unemployment
837
-
774
-
pensions
5 555
-
5 133
-
total
6 962
-
6 434
-
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
19 408
34 922
17 934
12 484
After tax
18 592
3 078
20 066
25 516
Living cost
21 719
21 719
21 719
21 719
Free-cash
-3 127
-18 641
-1 653
3 797

Estimated living cost  is ₽21719 per week

₽15809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1238
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12268
-₽24818
-₽7798
-₽14574
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
38 000
municipal
-
-
-
6 811
health
-
-
-
166
national
-
-
-
257
total
-
-
-
7 234
Employee
52 847
-
31 967
-
health
395
-
72
-
municipal
8 656
-
5 267
-
pensions
3 566
-
2 158
-
unemployment
793
-
480
-
national
873
-
-
-
total
14 283
-
7 977
-
Employer
52 847
-
31 967
-
accident
53
-
32
-
unemployment
343
-
208
-
pensions
9 169
-
5 547
-
health
406
-
246
-
total
9 971
-
6 033
-
Corporate
-
38 000
-
-
income
-
7 600
-
-
total
-
7 600
-
-
Dividends

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

-
22 800
-
-
national
-
-
-
-
municipal
-
4 104
-
-
total
-
4 104
-
-
Income
38 000
38 000
38 000
38 000
Total tax
24 254
11 704
14 010
7 234
After tax
13 746
26 296
23 990
30 766
Living cost
38 564
38 564
38 564
38 564
Free-cash
-24 818
-12 268
-14 574
-7 798

Estimated living cost  is ₽38564 per week

₽25190
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7969
-₽755
₽7813
-₽639
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 185
income
-
-
-
-
health
-
-
-
974
social contributions
-
-
-
5 957
total
-
-
-
6 931
Employee
77 239
77 239
77 239
-
social contributions
2 920
6 410
2 863
-
health
599
1 313
587
-
income
8 410
7 150
8 431
-
total
11 929
14 873
11 881
-
Employer
77 239
77 239
77 239
-
social contributions
2 920
6 410
2 863
-
health
650
1 430
639
-
total
3 570
7 840
3 502
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 000
38 000
38 000
38 000
Total tax
15 499
22 713
15 383
6 931
After tax
22 501
15 287
22 617
31 069
Living cost
23 256
23 256
23 256
23 256
Free-cash
-755
-7 969
-639
7 813

Estimated living cost  is ₽23256 per week

₽13938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2282
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15519
₽10410
₽9281
₽7710
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 718
pensions
-
-
-
6 389
unemployment
-
-
-
29
health
-
-
-
3 635
total
-
-
-
12 771
Employee

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

23 056
-
34 453
-
health
1 960
-
2 928
-
income
1 576
-
2 526
-
pensions
3 458
-
5 168
-
unemployment
114
-
172
-
total
7 108
-
10 794
-
Employer

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

23 056
-
34 453
-
unemployment
114
-
172
-
pensions
1 268
-
1 895
-
health
991
-
1 481
-
total
2 373
-
3 548
-
Corporate
12 571
38 000
-
-
income
1 132
3 420
-
-
total
1 132
3 420
-
-
Dividends
11 438
34 580
-
-
withholding
1 029
3 113
-
-
total
1 029
3 113
-
-
Income
38 000
38 000
38 000
38 000
Total tax
11 642
6 533
14 342
12 771
After tax
26 358
31 467
23 658
25 229
Living cost
15 948
15 948
15 948
15 948
Free-cash
10 410
15 519
7 710
9 281

Estimated living cost  is ₽15948 per week

₽10175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1874
-₽10982
-₽6220
-₽7301
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
341
income
-
-
-
5 197
pensions
-
-
-
10 755
other
-
-
-
38
unemployment
-
-
-
267
total
-
-
-
16 598
Employee
37 141
-
27 306
-
other
36
-
34
-
income
7 161
-
4 856
-
pensions
1 746
-
1 576
-
unemployment
576
-
520
-
total
9 519
-
6 986
-
Employer
37 141
-
27 306
-
accident
736
-
663
-
other
297
-
269
-
unemployment
2 043
-
1 845
-
pensions
8 765
-
7 916
-
total
11 841
-
10 693
-
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.

-
5 699
-
-
total
-
5 699
-
-
Dividends
-
32 301
-
-
withholding
-
6 553
-
-
total
-
6 553
-
-
Income
38 000
38 000
38 000
38 000
Total tax
21 360
12 252
17 679
16 598
After tax
16 640
25 748
20 321
21 402
Living cost
27 622
27 622
27 622
27 622
Free-cash
-10 982
-1 874
-7 301
-6 220

Estimated living cost  is ₽27622 per week

₽18644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2655
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.
₽5839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20962
₽20511
₽20335
₽20139
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 454
pensions
-
-
-
2 006
health
-
-
-
1 455
total
-
-
-
14 915
Employee
4 189
-
35 743
-
health
209
-
502
-
income
810
-
11 349
-
pensions
377
-
903
-
unemployment
42
-
100
-
total
1 438
-
12 854
-
Employer
4 189
-
35 743
-
unemployment
84
-
201
-
pensions
461
-
1 103
-
health
398
-
953
-
total
943
-
2 257
-
Corporate
32 868
38 000
-
-
income
7 231
8 360
-
-
total
7 231
8 360
-
-
Dividends
25 637
29 640
-
-
withholding
5 127
5 928
-
-
total
5 127
5 928
-
-
Income
38 000
38 000
38 000
38 000
Total tax
14 739
14 288
15 111
14 915
After tax
23 261
23 712
22 889
23 085
Living cost
2 750
2 750
2 750
2 750
Free-cash
20 511
20 962
20 139
20 335

Estimated living cost  is ₽2750 per week

₽1635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10085
₽5144
₽1992
₽3626
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 274
pensions
-
-
-
9 880
unemployment
-
-
-
570
health
-
-
-
3 914
total
-
-
-
18 638
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.

26 193
-
32 231
-
health
1 349
-
1 660
-
income
3 610
-
4 820
-
pensions
3 667
-
4 512
-
unemployment
196
-
242
-
total
8 822
-
11 234
-
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.

26 193
-
32 231
-
unemployment
196
-
242
-
pensions
3 143
-
3 868
-
health
1 349
-
1 660
-
total
4 688
-
5 770
-
Corporate
7 119
38 000
-
-
income
1 068
5 700
-
-
total
1 068
5 700
-
-
Dividends
6 051
32 300
-
-
withholding
908
4 845
-
-
total
908
4 845
-
-
Income
38 000
38 000
38 000
38 000
Total tax
15 486
10 545
17 004
18 638
After tax
22 514
27 455
20 996
19 362
Living cost
17 370
17 370
17 370
17 370
Free-cash
5 144
10 085
3 626
1 992

Estimated living cost  is ₽17370 per week

₽11695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1344
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3828
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5465
-₽10245
-₽4654
-₽5270
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 370
surtax
-
-
-
-
social contributions

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

-
-
-
13 204
total
-
-
-
15 574
Employee
38 986
-
30 707
-
social contributions
4 289
-
3 378
-
surtax
-
-
-
-
income
7 618
-
5 519
-
total
11 907
-
8 897
-
Employer
38 986
-
30 707
-
social contributions
9 258
-
7 293
-
total
9 258
-
7 293
-
Corporate
-
38 000
-
-
surtax
-
-
-
-
income
-
7 979
-
-
total
-
7 979
-
-
Dividends
-
30 021
-
-
withholding
-
8 406
-
-
total
-
8 406
-
-
Income
38 000
38 000
38 000
38 000
Total tax
21 165
16 385
16 190
15 574
After tax
16 835
21 615
21 810
22 426
Living cost
27 080
27 080
27 080
27 080
Free-cash
-10 245
-5 465
-5 270
-4 654

Estimated living cost  is ₽27080 per week

₽19180
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1881
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.
₽5539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9554
-₽25980
-₽13900
-₽14981
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
341
income
-
-
-
5 197
pensions
-
-
-
10 755
other
-
-
-
38
unemployment
-
-
-
267
total
-
-
-
16 598
Employee
48 511
-
27 306
-
other
48
-
34
-
income
10 132
-
4 856
-
pensions
2 280
-
1 576
-
unemployment
751
-
520
-
total
13 211
-
6 986
-
Employer
48 511
-
27 306
-
accident
961
-
663
-
other
389
-
269
-
unemployment
2 669
-
1 845
-
pensions
11 448
-
7 916
-
total
15 467
-
10 693
-
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.

-
5 699
-
-
total
-
5 699
-
-
Dividends
-
32 301
-
-
withholding
-
6 553
-
-
total
-
6 553
-
-
Income
38 000
38 000
38 000
38 000
Total tax
28 678
12 252
17 679
16 598
After tax
9 322
25 748
20 321
21 402
Living cost
35 302
35 302
35 302
35 302
Free-cash
-25 980
-9 554
-14 981
-13 900

Estimated living cost  is ₽35302 per week

₽25352
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15214
₽9096
₽5658
₽6713
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
15 066
Employee
22 876
-
31 766
-
health
1 052
-
1 461
-
accident

We are using the highest rate at 1.1%.

251
-
350
-
income
2 288
-
3 177
-
pensions

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

2 008
-
2 789
-
total
5 599
-
7 777
-
Employer
22 876
-
31 766
-
accident

We are using the highest rate at 1.1%.

251
-
350
-
unemployment
137
-
191
-
pensions

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

2 521
-
3 500
-
health
1 579
-
2 193
-
total
4 488
-
6 234
-
Corporate
10 635
38 000
-
-
income
1 063
3 800
-
-
total
1 063
3 800
-
-
Dividends
9 572
34 200
-
-
withholding
478
1 710
-
-
total
478
1 710
-
-
Income
38 000
38 000
38 000
38 000
Total tax
11 628
5 510
14 011
15 066
After tax
26 372
32 490
23 989
22 934
Living cost
17 276
17 276
17 276
17 276
Free-cash
9 096
15 214
6 713
5 658

Estimated living cost  is ₽17276 per week

₽11426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18996
-₽11979
-₽8663
-₽8663
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
38 000
trade
-
-
-
-
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.

-
-
-
968
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.

-
-
-
6 862
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.

-
-
-
53
total
-
-
-
7 883
Employee

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

49 979
-
38 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 862
-
6 862
-
surtax

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

227
-
53
-
income

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

4 110
-
968
-
total
11 199
-
7 883
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
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.

-
313
-
-
income
-
5 699
-
-
trade
-
5 454
-
-
chamber of commerce
-
208
-
-
total
-
11 674
-
-
Dividends
-
26 327
-
-
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.

-
341
-
-
withholding
-
6 201
-
-
total
-
6 542
-
-
Income
38 000
38 000
38 000
38 000
Total tax
11 199
18 216
7 883
7 883
After tax
26 801
19 784
30 117
30 117
Living cost
38 780
38 780
38 780
38 780
Free-cash
-11 979
-18 996
-8 663
-8 663

Estimated living cost  is ₽38780 per week

₽26751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4173
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.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30620
-₽40573
-₽25737
-₽25737
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 455
social contributions
-
-
-
2 063
total
-
-
-
6 518
Employee
78 572
-
38 000
-
income
14 826
-
4 455
-
social contributions
6 528
-
2 063
-
total
21 354
-
6 518
-
Employer
78 572
-
38 000
-
total
-
-
-
-
Corporate
-
38 000
-
-
income
-
4 750
-
-
total
-
4 750
-
-
Dividends
-
33 250
-
-
withholding
-
6 651
-
-
total
-
6 651
-
-
Income
38 000
38 000
38 000
38 000
Total tax
21 354
11 401
6 518
6 518
After tax
16 646
26 599
31 482
31 482
Living cost
57 219
57 219
57 219
57 219
Free-cash
-40 573
-30 620
-25 737
-25 737

Estimated living cost  is ₽57219 per week

₽43531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15468
-₽15695
-₽33787
-₽7791
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 593
health

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

-
-
-
6 731
total
-
-
-
35 324
Employee
46 079
-
34 538
-
income
5 000
-
2 404
-
social contributions
4 617
-
3 462
-
total
9 617
-
5 866
-
Employer
46 079
-
34 538
-
social contributions
4 617
-
3 462
-
total
4 617
-
3 462
-
Corporate
-
38 000
-
-
income
-
13 299
-
-
total
-
13 299
-
-
Dividends
-
24 701
-
-
social contributions
2 998
3 706
-
-
total
2 998
3 706
-
-
Income
38 000
38 000
38 000
38 000
Total tax
17 232
17 005
9 328
35 324
After tax
20 768
20 995
28 672
2 676
Living cost
36 463
36 463
36 463
36 463
Free-cash
-15 695
-15 468
-7 791
-33 787

Estimated living cost  is ₽36463 per week

₽24018
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2875
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8792
-₽19289
-₽8259
-₽11463
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 251
pensions
-
-
-
1 745
total
-
-
-
8 996
Employee
51 149
-
34 478
-
health
667
-
325
-
income
9 315
-
6 449
-
pensions
3 904
-
1 904
-
total
13 886
-
8 678
-
Employer
51 149
-
34 478
-
pensions
5 168
-
2 866
-
health
972
-
656
-
total
6 140
-
3 522
-
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
20 026
9 529
12 200
8 996
After tax
17 974
28 471
25 800
29 004
Living cost
37 263
37 263
37 263
37 263
Free-cash
-19 289
-8 792
-11 463
-8 259

Estimated living cost  is ₽37263 per week

₽25562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽20791
-₽7199
₽1647
-₽3803
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
5 506
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
12 484
Employee
37 547
-
31 566
-
health
4 299
-
3 615
-
income
5 151
-
4 331
-
pensions
4 228
-
3 554
-
total
13 678
-
11 500
-
Employer
37 547
-
31 566
-
accident
627
-
527
-
unemployment
920
-
774
-
pensions
6 105
-
5 133
-
total
7 652
-
6 434
-
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
21 330
34 922
17 934
12 484
After tax
16 670
3 078
20 066
25 516
Living cost
23 869
23 869
23 869
23 869
Free-cash
-7 199
-20 791
-3 803
1 647

Estimated living cost  is ₽23869 per week

₽17517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1391
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4480
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18734
₽13850
₽9820
₽9820
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
190
health insurance
-
-
-
2 812
income
-
-
-
4 164
pensions
-
-
-
6 992
unemployment
-
-
-
456
total
-
-
-
14 614
Employee

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

21 706
-
38 000
-
work injury
109
-
190
-
income
2 171
-
4 164
-
pensions
3 994
-
6 992
-
health insurance
1 606
-
2 812
-
unemployment
260
-
456
-
total
8 140
-
14 614
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
16 294
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
16 294
38 000
-
-
withholding
2 444
5 700
-
-
total
2 444
5 700
-
-
Income
38 000
38 000
38 000
38 000
Total tax
10 584
5 700
14 614
14 614
After tax
27 416
32 300
23 386
23 386
Living cost
13 566
13 566
13 566
13 566
Free-cash
13 850
18 734
9 820
9 820

Estimated living cost  is ₽13566 per week

₽8404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

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Rome , Italy
-₽19999
-₽46644
-₽19023
-₽21286
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 000
municipal
-
-
-
254
regional
-
-
-
488
national
-
-
-
6 492
social contributions
-
-
-
9 773
total
-
-
-
17 007
Employee
84 643
-
38 000
-
social contributions
28 541
-
12 813
-
regional
1 278
-
437
-
municipal
505
-
227
-
national
14 304
-
5 793
-
total
44 628
-
19 270
-
Employer
84 643
-
38 000
-
total
-
-
-
-
Corporate
-
38 000
-
-
nationa
-
9 119
-
-
municipal
-
1 832
-
-
total
-
10 951
-
-
Dividends
-
27 049
-
-
withholding
-
7 032
-
-
total
-
7 032
-
-
Income
38 000
38 000
38 000
38 000
Total tax
44 628
17 983
19 270
17 007
After tax
-6 628
20 017
18 730
20 993
Living cost
40 016
40 016
40 016
40 016
Free-cash
-46 644
-19 999
-21 286
-19 023

Estimated living cost  is ₽40016 per week

₽28108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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