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
₽ 38500
per

Your estimated
City
free-cash

Dresden , Germany
-₽10327
₽483
₽483
₽297
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
38 500
income

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

-
-
-
1 220
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.

-
-
-
68
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.

-
-
-
6 760
trade
-
-
-
-
total
-
-
-
8 048
Employee

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

37 844
-
38 500
-
surtax

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

58
-
68
-
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.

1 057
-
1 220
-
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.

6 760
-
6 760
-
total
7 875
-
8 048
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
656
38 500
-
-
income
98
5 776
-
-
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.

6
317
-
-
chamber of commerce
152
205
-
-
trade
103
6 063
-
-
total
359
12 361
-
-
Dividends
297
26 139
-
-
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.

-
338
-
-
withholding
-
6 159
-
-
total
-
6 497
-
-
Income
38 500
38 500
38 500
38 500
Total tax
8 234
18 858
8 048
8 048
After tax
30 266
19 642
30 452
30 452
Living cost
29 969
29 969
29 969
29 969
Free-cash
297
-10 327
483
483

Estimated living cost  is ₽29969 per week

₽18852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28378
-₽26795
-₽27097
-₽50104
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
social contributions
-
-
-
414
municipal
-
-
-
3 201
national
-
-
-
4 960
pensions
-
-
-
4 620
total
-
-
-
13 195
Employee
81 232
-
33 283
-
municipal
10 033
-
3 350
-
pensions
3 249
-
1 331
-
national
15 548
-
5 191
-
total
28 830
-
9 872
-
Employer
81 232
-
33 283
-
pensions
6 499
-
2 663
-
social contributions
873
-
358
-
total
7 372
-
3 021
-
Corporate
-
38 500
-
-
income

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

-
7 700
-
-
total
-
7 700
-
-
Dividends
-
30 800
-
-
withholding
-
6 776
-
-
total
-
6 776
-
-
Income
38 500
38 500
38 500
38 500
Total tax
36 202
14 476
12 893
13 195
After tax
2 298
24 024
25 607
25 305
Living cost
52 402
52 402
52 402
52 402
Free-cash
-50 104
-28 378
-26 795
-27 097

Estimated living cost  is ₽52402 per week

₽35617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4871
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽784
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10215
₽1506
₽9024
₽2099
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
38 500
income
-
-
-
-
surtax
-
-
-
-
social contributions

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

-
-
-
3 115
microenterprise
-
-
-
5 776
total
-
-
-
8 891
Employee
28 912
-
31 025
-
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.

3 181
-
3 414
-
income
5 147
-
5 522
-
total
8 328
-
8 936
-
Employer
28 912
-
31 025
-
social contributions

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

6 964
-
7 473
-
surtax
-
-
-
-
total
6 964
-
7 473
-
Corporate
2 624
38 500
-
-
income

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

524
7 700
-
-
total
524
7 700
-
-
Dividends

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

2 100
30 800
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
15 816
7 700
16 409
8 891
After tax
22 684
30 800
22 091
29 609
Living cost
20 585
20 585
20 585
20 585
Free-cash
2 099
10 215
1 506
9 024

Estimated living cost  is ₽20585 per week

₽13132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1960
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5025
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽54199
-₽59753
-₽19259
-₽59753
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
income
-
-
-
3 469
health
-
-
-
5 911
pensions
-
-
-
6 930
total
-
-
-
16 310
Employee
84 494
84 494
84 494
-
pensions
15 209
11 593
15 209
-
income

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

13 830
13 830
13 830
-
health
12 969
11 031
12 969
-
total
42 008
36 454
42 008
-
Employer
84 494
84 494
84 494
-
health
5 873
5 873
5 873
-
pensions
5 881
5 881
5 881
-
unemployment
3 042
3 042
3 042
-
total
14 796
14 796
14 796
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
56 804
51 250
56 804
16 310
After tax
-18 304
-12 750
-18 304
22 190
Living cost
41 449
41 449
41 449
41 449
Free-cash
-59 753
-54 199
-59 753
-19 259

Estimated living cost  is ₽41449 per week

₽29374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽659
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19796
-₽20258
-₽21626
-₽37934
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
accident
-
-
-
77
other
-
-
-
4 474
unemployment
-
-
-
39
health
-
-
-
2 402
municipal
-
-
-
8 155
national
-
-
-
-
pensions
-
-
-
4 162
total
-
-
-
19 309
Employee
58 161
-
29 295
-
municipal
17 344
-
8 736
-
national
-
-
-
-
total
17 344
-
8 736
-
Employer
58 161
-
29 295
-
health
3 577
-
1 802
-
pensions
6 287
-
3 167
-
accident
116
-
59
-
unemployment
1 535
-
773
-
other
6 758
-
3 404
-
total
18 273
-
9 205
-
Corporate
-
38 500
-
-
income
-
8 470
-
-
total
-
8 470
-
-
Dividends
-
30 030
-
-
withholding
-
9 009
-
-
total
-
9 009
-
-
Income
38 500
38 500
38 500
38 500
Total tax
35 617
17 479
17 941
19 309
After tax
2 883
21 021
20 559
19 191
Living cost
40 817
40 817
40 817
40 817
Free-cash
-37 934
-19 796
-20 258
-21 626

Estimated living cost  is ₽40817 per week

₽27052
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽620
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19425
-₽8417
-₽8417
-₽11677
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
38 500
income

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

-
-
-
1 220
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.

-
-
-
68
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.

-
-
-
6 760
trade
-
-
-
-
total
-
-
-
8 048
Employee

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

50 177
-
38 500
-
surtax

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

237
-
68
-
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.

4 311
-
1 220
-
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.

6 760
-
6 760
-
total
11 308
-
8 048
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
38 500
-
-
income
-
5 776
-
-
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.

-
317
-
-
chamber of commerce
-
205
-
-
trade
-
6 333
-
-
total
-
12 631
-
-
Dividends
-
25 869
-
-
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
-
6 091
-
-
total
-
6 425
-
-
Income
38 500
38 500
38 500
38 500
Total tax
11 308
19 056
8 048
8 048
After tax
27 192
19 444
30 452
30 452
Living cost
38 869
38 869
38 869
38 869
Free-cash
-11 677
-19 425
-8 417
-8 417

Estimated living cost  is ₽38869 per week

₽25996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8194
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15968
-₽8911
-₽582
-₽10557
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
income
-
-
-
-
social contributions
-
-
-
6 007
health
-
-
-
982
total
-
-
-
6 989
Employee
76 083
76 083
76 083
-
social contributions
3 697
6 315
2 901
-
income
7 989
7 043
8 277
-
health
757
1 294
593
-
total
12 443
14 652
11 771
-
Employer
76 083
76 083
76 083
-
health
824
1 408
646
-
social contributions
3 697
6 315
2 901
-
total
4 521
7 723
3 547
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
16 964
22 375
15 318
6 989
After tax
21 536
16 125
23 182
31 511
Living cost
32 093
32 093
32 093
32 093
Free-cash
-10 557
-15 968
-8 911
-582

Estimated living cost  is ₽32093 per week

₽21939
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3748
₽4152
₽8504
₽4127
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
income
-
-
-
4 707
unemployment
-
-
-
577
health
-
-
-
2 695
pensions
-
-
-
3 850
total
-
-
-
11 829
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.

26 224
10 437
32 218
-
unemployment
393
157
483
-
pensions
2 622
1 044
3 222
-
income
3 206
1 276
3 939
-
health
1 836
731
2 255
-
total
8 057
3 208
9 899
-
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.

26 224
10 437
32 218
-
pensions
5 114
2 035
6 282
-
total
5 114
2 035
6 282
-
Corporate
7 162
26 028
-
-
income
645
2 343
-
-
total
645
2 343
-
-
Dividends
6 517
23 685
-
-
social contributions
1 152
4 499
-
-
withholding
1 238
4 500
-
-
total
2 390
8 999
-
-
Income
38 500
38 500
38 500
38 500
Total tax
16 206
16 585
16 181
11 829
After tax
22 294
21 915
22 319
26 671
Living cost
18 167
18 167
18 167
18 167
Free-cash
4 127
3 748
4 152
8 504

Estimated living cost  is ₽18167 per week

₽12397
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1486
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽363
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽6901
₽468
-₽1010
₽756
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
income
-
-
-
2 905
health
-
-
-
5 006
pensions
-
-
-
7 700
total
-
-
-
15 611
Employee
28 069
-
28 774
-
unemployment
449
-
460
-
pensions
561
-
575
-
income
3 160
-
3 372
-
total
4 170
-
4 407
-
Employer
28 069
-
28 774
-
health
3 648
-
3 740
-
pensions
5 614
-
5 755
-
unemployment
225
-
231
-
total
9 487
-
9 726
-
Corporate
943
38 500
-
-
income
188
7 700
-
-
total
188
7 700
-
-
Dividends
755
30 800
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
13 845
7 700
14 133
15 611
After tax
24 655
30 800
24 367
22 889
Living cost
23 899
23 899
23 899
23 899
Free-cash
756
6 901
468
-1 010

Estimated living cost  is ₽23899 per week

₽16392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1423
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.
₽5603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18943
-₽1731
₽3859
-₽3277
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
accident
-
-
-
253
income
-
-
-
5 594
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 173
total
-
-
-
12 579
Employee
34 705
-
31 982
-
pensions
3 908
-
3 601
-
income
4 761
-
4 388
-
health
3 974
-
3 662
-
total
12 643
-
11 651
-
Employer
34 705
-
31 982
-
pensions
5 643
-
5 200
-
accident
579
-
534
-
unemployment
850
-
784
-
total
7 072
-
6 518
-
Corporate
-
38 500
-
-
income

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

-
34 650
-
-
total
-
34 650
-
-
Dividends
-
3 850
-
-
withholding
-
731
-
-
total
-
731
-
-
Income
38 500
38 500
38 500
38 500
Total tax
19 715
35 381
18 169
12 579
After tax
18 785
3 119
20 331
25 921
Living cost
22 062
22 062
22 062
22 062
Free-cash
-3 277
-18 943
-1 731
3 859

Estimated living cost  is ₽22062 per week

₽16170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1222
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.
₽4210
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28475
₽22700
₽30015
₽26956
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
38 500
microenterprise

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

-
-
-
385
total
-
-
-
385
Employee
10 125
-
38 500
-
income
2 025
-
7 700
-
total
2 025
-
7 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

28 375
38 500
-
-
total
-
-
-
-
Dividends
28 375
38 500
-
-
withholding
1 419
1 925
-
-
total
1 419
1 925
-
-
Income
38 500
38 500
38 500
38 500
Total tax
3 444
1 925
7 700
385
After tax
35 056
36 575
30 800
38 115
Living cost
8 100
8 100
8 100
8 100
Free-cash
26 956
28 475
22 700
30 015

Estimated living cost  is ₽8100 per week

₽5020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽673
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1921
-₽3797
-₽5517
-₽6480
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
income
-
-
-
4 889
other
-
-
-
1 829
health
-
-
-
1 694
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.

-
-
-
9 240
total
-
-
-
17 652
Employee
35 926
-
30 751
-
unemployment
359
-
308
-
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.

2 514
-
2 152
-
income
6 185
-
5 293
-
health
503
-
430
-
total
9 561
-
8 183
-
Employer
35 926
-
30 751
-
health
503
-
430
-
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.

6 108
-
5 227
-
accident
287
-
246
-
unemployment
359
-
308
-
other
1 797
-
1 538
-
total
9 054
-
7 749
-
Corporate
-
38 500
-
-
income
-
8 085
-
-
total
-
8 085
-
-
Dividends
-
30 415
-
-
withholding
-
2 129
-
-
total
-
2 129
-
-
Income
38 500
38 500
38 500
38 500
Total tax
18 615
10 214
15 932
17 652
After tax
19 885
28 286
22 568
20 848
Living cost
26 365
26 365
26 365
26 365
Free-cash
-6 480
1 921
-3 797
-5 517

Estimated living cost  is ₽26365 per week

₽18628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽37088
-₽39893
-₽36591
-₽67575
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
income
-
-
-
7 337
pensions
-
-
-
1 819
total
-
-
-
9 156
Employee
93 288
-
34 883
-
pensions
9 000
-
1 991
-
income
16 816
-
6 509
-
health
1 537
-
341
-
total
27 353
-
8 841
-
Employer
93 288
-
34 883
-
health
1 772
-
662
-
pensions
11 015
-
2 955
-
total
12 787
-
3 617
-
Corporate
-
38 500
-
-
income

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

-
7 315
-
-
total
-
7 315
-
-
Dividends
-
31 185
-
-
withholding
-
2 338
-
-
total
-
2 338
-
-
Income
38 500
38 500
38 500
38 500
Total tax
40 140
9 653
12 458
9 156
After tax
-1 640
28 847
26 042
29 344
Living cost
65 935
65 935
65 935
65 935
Free-cash
-67 575
-37 088
-39 893
-36 591

Estimated living cost  is ₽65935 per week

₽49406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽19944
₽11332
₽10522
₽15349
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
income
-
-
-
5 775
unemployment
-
-
-
138
health
-
-
-
3 975
pensions

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

-
-
-
5 116
total
-
-
-
15 004
Employee
17 180
-
32 185
-
accident

We are using the highest rate at 1.1%.

189
-
354
-
pensions

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

1 508
-
2 826
-
income
1 718
-
3 218
-
health
790
-
1 481
-
total
4 205
-
7 879
-
Employer
17 180
-
32 185
-
health
1 186
-
2 221
-
pensions

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

1 893
-
3 547
-
accident

We are using the highest rate at 1.1%.

189
-
354
-
unemployment
103
-
193
-
total
3 371
-
6 315
-
Corporate
17 949
38 500
-
-
income
1 794
3 850
-
-
total
1 794
3 850
-
-
Dividends
16 155
34 650
-
-
withholding
807
1 732
-
-
total
807
1 732
-
-
Income
38 500
38 500
38 500
38 500
Total tax
10 177
5 582
14 194
15 004
After tax
28 323
32 918
24 306
23 496
Living cost
12 974
12 974
12 974
12 974
Free-cash
15 349
19 944
11 332
10 522

Estimated living cost  is ₽12974 per week

₽7575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽344
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽67616
-₽73170
-₽32676
-₽69295
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
income
-
-
-
3 469
health
-
-
-
5 911
pensions
-
-
-
6 930
total
-
-
-
16 310
Employee
91 734
84 494
84 494
-
pensions
11 593
11 593
15 209
-
income

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

13 830
13 830
13 830
-
health
11 444
11 031
12 969
-
total
36 867
36 454
42 008
-
Employer
91 734
84 494
84 494
-
health
6 375
5 873
5 873
-
pensions
6 384
5 881
5 881
-
unemployment
3 303
3 042
3 042
-
total
16 062
14 796
14 796
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
52 929
51 250
56 804
16 310
After tax
-14 429
-12 750
-18 304
22 190
Living cost
54 866
54 866
54 866
54 866
Free-cash
-69 295
-67 616
-73 170
-32 676

Estimated living cost  is ₽54866 per week

₽40473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8864
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1921
-₽5050
-₽5834
-₽9949
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
income
-
-
-
3 309
social contributions
-
-
-
11 242
solidarity contribution
-
-
-
-
health
-
-
-
5 197
total
-
-
-
19 748
Employee
36 156
-
28 731
-
solidarity contribution
-
-
-
-
social contributions
2 350
-
1 868
-
income
4 339
-
3 448
-
health
4 881
-
3 879
-
total
11 570
-
9 195
-
Employer
36 156
-
28 731
-
health
3 254
-
2 586
-
social contributions
9 039
-
7 183
-
total
12 293
-
9 769
-
Corporate
-
38 500
-
-
income
-
7 315
-
-
total
-
7 315
-
-
Dividends
-
31 185
-
-
withholding
-
4 678
-
-
total
-
4 678
-
-
Income
38 500
38 500
38 500
38 500
Total tax
23 863
11 993
18 964
19 748
After tax
14 637
26 507
19 536
18 752
Living cost
24 586
24 586
24 586
24 586
Free-cash
-9 949
1 921
-5 050
-5 834

Estimated living cost  is ₽24586 per week

₽17078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1749
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.
₽5276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
-₽21211
-₽22622
-₽20331
-₽49436
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
social contributions
-
-
-
9 903
regional
-
-
-
354
municipal
-
-
-
229
national
-
-
-
6 594
total
-
-
-
17 080
Employee
87 936
-
38 500
-
municipal
466
-
205
-
national
15 237
-
5 870
-
regional
830
-
314
-
social contributions
29 652
-
12 982
-
total
46 185
-
19 371
-
Employer
87 936
-
38 500
-
total
-
-
-
-
Corporate
-
38 500
-
-
municipal
-
1 502
-
-
nationa
-
9 240
-
-
total
-
10 742
-
-
Dividends
-
27 758
-
-
withholding
-
7 218
-
-
total
-
7 218
-
-
Income
38 500
38 500
38 500
38 500
Total tax
46 185
17 960
19 371
17 080
After tax
-7 685
20 540
19 129
21 420
Living cost
41 751
41 751
41 751
41 751
Free-cash
-49 436
-21 211
-22 622
-20 331

Estimated living cost  is ₽41751 per week

₽29104
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2738
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽640
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2382
-₽598
₽324
-₽1109
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
income
-
-
-
5 567
other
-
-
-
-
surtax
-
-
-
116
unemployment
-
-
-
225
health
-
-
-
2 734
pensions
-
-
-
7 700
total
-
-
-
16 342
Employee
32 720
-
31 806
-
other
-
-
-
-
unemployment
2 278
-
2 214
-
pensions
2 182
-
2 122
-
surtax
107
-
90
-
income
5 485
-
5 333
-
health
836
-
811
-
total
10 888
-
10 570
-
Employer
32 720
-
31 806
-
health
1 489
-
1 446
-
pensions
4 362
-
4 240
-
unemployment
1 036
-
1 008
-
other
-
-
-
-
total
6 887
-
6 694
-
Corporate
-
38 500
-
-
income
-
10 010
-
-
total
-
10 010
-
-
Dividends
-
28 490
-
-
withholding
-
4 274
-
-
total
-
4 274
-
-
Income
38 500
38 500
38 500
38 500
Total tax
17 775
14 284
17 264
16 342
After tax
20 725
24 216
21 236
22 158
Living cost
21 834
21 834
21 834
21 834
Free-cash
-1 109
2 382
-598
324

Estimated living cost  is ₽21834 per week

₽13350
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2015
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.
₽5965
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16198
-₽19003
-₽15701
-₽31975
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
income
-
-
-
7 337
pensions
-
-
-
1 819
total
-
-
-
9 156
Employee
62 519
-
34 883
-
pensions
5 306
-
1 991
-
income
11 260
-
6 509
-
health
908
-
341
-
total
17 474
-
8 841
-
Employer
62 519
-
34 883
-
health
1 188
-
662
-
pensions
6 768
-
2 955
-
total
7 956
-
3 617
-
Corporate
-
38 500
-
-
income

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

-
7 315
-
-
total
-
7 315
-
-
Dividends
-
31 185
-
-
withholding
-
2 338
-
-
total
-
2 338
-
-
Income
38 500
38 500
38 500
38 500
Total tax
25 430
9 653
12 458
9 156
After tax
13 070
28 847
26 042
29 344
Living cost
45 045
45 045
45 045
45 045
Free-cash
-31 975
-16 198
-19 003
-15 701

Estimated living cost  is ₽45045 per week

₽33747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3376
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽60602
-₽48109
-₽45249
-₽61742
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
other

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

-
-
-
769
regional
-
-
-
536
health
-
-
-
255
city
-
-
-
404
national
-
-
-
36
pensions
-
-
-
3 541
total
-
-
-
5 541
Employee
91 524
-
33 972
-
unemployment
-
-
-
-
pensions
7 689
-
3 399
-
national
433
-
8
-
regional
2 997
-
406
-
city
982
-
358
-
health
207
-
76
-
total
12 308
-
4 247
-
Employer
91 524
-
33 972
-
health
207
-
76
-
pensions
7 689
-
3 399
-
unemployment
-
-
-
-
other

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

1 830
-
679
-
total
9 726
-
4 154
-
Corporate
-
38 500
-
-
regional
-
8 143
-
-
national
-
3 272
-
-
total
-
11 415
-
-
Dividends
-
27 085
-
-
withholding
-
9 479
-
-
total
-
9 479
-
-
Income
38 500
38 500
38 500
38 500
Total tax
22 034
20 894
8 401
5 541
After tax
16 466
17 606
30 099
32 959
Living cost
78 208
78 208
78 208
78 208
Free-cash
-61 742
-60 602
-48 109
-45 249

Estimated living cost  is ₽78208 per week

₽50858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7018
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽960
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19372
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽26081
-₽14875
-₽14875
-₽20964
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
38 500
income

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

-
-
-
1 220
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.

-
-
-
68
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.

-
-
-
6 760
trade
-
-
-
-
total
-
-
-
8 048
Employee

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

59 464
-
38 500
-
surtax

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

385
-
68
-
income

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

6 992
-
1 220
-
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.

6 760
-
6 760
-
total
14 137
-
8 048
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
38 500
-
-
income
-
5 776
-
-
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.

-
317
-
-
chamber of commerce
-
205
-
-
trade
-
6 602
-
-
total
-
12 900
-
-
Dividends
-
25 601
-
-
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
-
6 024
-
-
total
-
6 354
-
-
Income
38 500
38 500
38 500
38 500
Total tax
14 137
19 254
8 048
8 048
After tax
24 363
19 246
30 452
30 452
Living cost
45 327
45 327
45 327
45 327
Free-cash
-20 964
-26 081
-14 875
-14 875

Estimated living cost  is ₽45327 per week

₽33105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3626
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8008
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14448
-₽9595
-₽10367
-₽17071
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
income
-
-
-
807
other
-
-
-
1 194
surtax
-
-
-
-
social contributions
-
-
-
1 097
health
-
-
-
334
pensions
-
-
-
11 583
total
-
-
-
15 015
Employee
42 347
-
29 337
-
pensions
4 788
-
3 316
-
surtax
-
-
-
-
social contributions
1 207
-
836
-
income
2 499
-
928
-
total
8 494
-
5 080
-
Employer
42 347
-
29 337
-
health
2 965
-
2 054
-
pensions
6 957
-
4 820
-
unemployment
1 714
-
1 189
-
social contributions
128
-
88
-
other
1 461
-
1 012
-
total
13 225
-
9 163
-
Corporate
-
38 500
-
-
income
-
10 780
-
-
surtax
-
-
-
-
total
-
10 780
-
-
Dividends
-
27 720
-
-
surtax
-
-
-
-
social contributions
-
4 767
-
-
withholding
-
3 549
-
-
total
-
8 316
-
-
Income
38 500
38 500
38 500
38 500
Total tax
21 719
19 096
14 243
15 015
After tax
16 781
19 404
24 257
23 485
Living cost
33 852
33 852
33 852
33 852
Free-cash
-17 071
-14 448
-9 595
-10 367

Estimated living cost  is ₽33852 per week

₽21345
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.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11094
-₽6241
-₽7013
-₽11105
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
income
-
-
-
807
other
-
-
-
1 194
surtax
-
-
-
-
social contributions
-
-
-
1 097
health
-
-
-
334
pensions
-
-
-
11 583
total
-
-
-
15 015
Employee
37 800
-
29 337
-
pensions
4 275
-
3 316
-
surtax
-
-
-
-
social contributions
1 078
-
836
-
income
1 949
-
928
-
total
7 302
-
5 080
-
Employer
37 800
-
29 337
-
health
2 646
-
2 054
-
pensions
6 211
-
4 820
-
unemployment
1 530
-
1 189
-
social contributions
113
-
88
-
other
1 305
-
1 012
-
total
11 805
-
9 163
-
Corporate
-
38 500
-
-
income
-
10 780
-
-
surtax
-
-
-
-
total
-
10 780
-
-
Dividends
-
27 720
-
-
surtax
-
-
-
-
social contributions
-
4 767
-
-
withholding
-
3 549
-
-
total
-
8 316
-
-
Income
38 500
38 500
38 500
38 500
Total tax
19 107
19 096
14 243
15 015
After tax
19 393
19 404
24 257
23 485
Living cost
30 498
30 498
30 498
30 498
Free-cash
-11 105
-11 094
-6 241
-7 013

Estimated living cost  is ₽30498 per week

₽17688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3098
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.
₽9135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2506
₽2783
₽3742
₽1400
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
income
-
-
-
5 776
social contributions
-
-
-
5 314
health
-
-
-
2 687
total
-
-
-
13 777
Employee
33 548
-
38 500
-
social contributions
4 630
-
5 314
-
income
5 595
-
6 735
-
health
2 341
-
2 687
-
total
12 566
-
14 736
-
Employer
33 548
-
38 500
-
total
-
-
-
-
Corporate
4 952
38 500
-
-
income

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

248
1 925
-
-
total
248
1 925
-
-
Dividends
4 704
36 575
-
-
social contributions
1 726
5 047
-
-
withholding
706
5 487
-
-
health
873
2 554
-
-
total
3 305
13 088
-
-
Income
38 500
38 500
38 500
38 500
Total tax
16 119
15 013
14 736
13 777
After tax
22 381
23 487
23 764
24 723
Living cost
20 981
20 981
20 981
20 981
Free-cash
1 400
2 506
2 783
3 742

Estimated living cost  is ₽20981 per week

₽14041
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18896
-₽20743
-₽13278
-₽26309
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
income
-
-
-
428
surtax
-
-
-
195
unemployment
-
-
-
6 069
chamber of commerce
-
-
-
154
health
-
-
-
2 946
pensions
-
-
-
7 122
total
-
-
-
16 914
Employee
49 448
39 431
39 431
-
other
494
394
291
-
unemployment
1 483
1 183
875
-
pensions
5 064
4 037
2 985
-
income
5 629
2 908
3 410
-
health
1 913
1 527
1 128
-
total
14 583
10 049
8 689
-
Employer
49 448
39 431
39 431
-
chamber of commerce
197
158
158
-
health
1 868
1 491
1 102
-
pensions
6 206
4 949
3 660
-
accident
642
513
379
-
unemployment
1 483
1 183
875
-
surtax
195
195
195
-
payroll
1 483
1 183
1 183
-
other
2 349
1 872
1 786
-
total
14 423
11 544
9 338
-
Corporate
3 755
3 755
25 407
-
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.

939
939
6 352
-
total
939
939
6 352
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
29 945
22 532
24 379
16 914
After tax
8 555
15 968
14 121
21 586
Living cost
34 864
34 864
34 864
34 864
Free-cash
-26 309
-18 896
-20 743
-13 278

Estimated living cost  is ₽34864 per week

₽23253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14262
-₽18344
-₽13035
-₽52876
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
communal

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

-
-
-
2 146
social contributions
-
-
-
2 741
national
-
-
-
10 572
total
-
-
-
15 459
Employee

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

70 775
-
29 816
-
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.

616
-
259
-
communal

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

3 691
-
1 555
-
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.

5 308
-
2 236
-
national
21 759
-
6 635
-
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.

3 325
-
1 403
-
total
34 699
-
12 088
-
Employer

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

70 775
-
29 816
-
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.

4 352
-
1 833
-
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.

6 271
-
2 642
-
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.

920
-
389
-
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.

1 033
-
436
-
surtax
8 025
-
3 380
-
total
20 601
-
8 680
-
Corporate
-
38 500
-
-
income
-
7 700
-
-
surtax
-
154
-
-
total
-
7 854
-
-
Dividends
-
30 646
-
-
withholding

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

-
8 832
-
-
total
-
8 832
-
-
Income
38 500
38 500
38 500
38 500
Total tax
55 300
16 686
20 768
15 459
After tax
-16 800
21 814
17 732
23 041
Living cost
36 076
36 076
36 076
36 076
Free-cash
-52 876
-14 262
-18 344
-13 035

Estimated living cost  is ₽36076 per week

₽23238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9120
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9656
-₽14906
-₽14083
-₽26452
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
accident
-
-
-
347
income
-
-
-
5 298
other
-
-
-
39
unemployment
-
-
-
270
pensions
-
-
-
10 896
total
-
-
-
16 850
Employee
49 252
-
27 966
-
other
49
-
34
-
unemployment
764
-
513
-
pensions
2 315
-
1 553
-
income
10 392
-
5 039
-
total
13 520
-
7 139
-
Employer
49 252
-
27 966
-
pensions
11 623
-
7 798
-
accident
975
-
653
-
unemployment
2 709
-
1 818
-
other
392
-
265
-
total
15 699
-
10 534
-
Corporate
-
38 500
-
-
income

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

-
5 776
-
-
total
-
5 776
-
-
Dividends
-
32 724
-
-
withholding
-
6 647
-
-
total
-
6 647
-
-
Income
38 500
38 500
38 500
38 500
Total tax
29 219
12 423
17 673
16 850
After tax
9 281
26 077
20 827
21 650
Living cost
35 733
35 733
35 733
35 733
Free-cash
-26 452
-9 656
-14 906
-14 083

Estimated living cost  is ₽35733 per week

₽26313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2535
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6369
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29547
-₽29141
-₽29139
-₽45380
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
communal
-
-
-
-
accident
-
-
-
424
income
-
-
-
491
surtax
-
-
-
1 891
health
-
-
-
3 530
pensions
-
-
-
7 533
total
-
-
-
13 869
Employee
74 930
-
32 873
-
pensions
5 993
-
3 767
-
surtax
4 593
-
1 891
-
income
7 237
-
491
-
health
3 335
-
2 095
-
total
21 158
-
8 244
-
Employer
74 930
-
32 873
-
health
2 285
-
1 436
-
pensions
5 993
-
3 767
-
accident
674
-
424
-
total
8 952
-
5 627
-
Corporate
-
38 500
-
-
communal
-
2 599
-
-
income
-
5 776
-
-
surtax
-
404
-
-
total
-
8 779
-
-
Dividends
-
29 722
-
-
income
-
1 040
-
-
withholding
-
4 458
-
-
total
-
5 498
-
-
Income
38 500
38 500
38 500
38 500
Total tax
30 110
14 277
13 871
13 869
After tax
8 390
24 223
24 629
24 631
Living cost
53 770
53 770
53 770
53 770
Free-cash
-45 380
-29 547
-29 141
-29 139

Estimated living cost  is ₽53770 per week

₽40336
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9606
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1992
-₽988
-₽66
-₽1836
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
income
-
-
-
5 567
other
-
-
-
-
surtax
-
-
-
116
unemployment
-
-
-
225
health
-
-
-
2 734
pensions
-
-
-
7 700
total
-
-
-
16 342
Employee
33 321
-
31 806
-
other
-
-
-
-
unemployment
2 319
-
2 214
-
pensions
2 223
-
2 122
-
surtax
118
-
90
-
income
5 586
-
5 333
-
health
851
-
811
-
total
11 097
-
10 570
-
Employer
33 321
-
31 806
-
health
1 515
-
1 446
-
pensions
4 443
-
4 240
-
unemployment
1 057
-
1 008
-
other
-
-
-
-
total
7 015
-
6 694
-
Corporate
-
38 500
-
-
income
-
10 010
-
-
total
-
10 010
-
-
Dividends
-
28 490
-
-
withholding
-
4 274
-
-
total
-
4 274
-
-
Income
38 500
38 500
38 500
38 500
Total tax
18 112
14 284
17 264
16 342
After tax
20 388
24 216
21 236
22 158
Living cost
22 224
22 224
22 224
22 224
Free-cash
-1 836
1 992
-988
-66

Estimated living cost  is ₽22224 per week

₽13418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6417
-₽7728
-₽5460
-₽16386
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
social contributions
-
-
-
9 903
regional
-
-
-
581
municipal
-
-
-
229
national
-
-
-
6 594
total
-
-
-
17 307
Employee
54 886
-
38 500
-
municipal
291
-
205
-
national
8 695
-
5 870
-
regional
739
-
518
-
social contributions
18 508
-
12 982
-
total
28 233
-
19 575
-
Employer
54 886
-
38 500
-
total
-
-
-
-
Corporate
-
38 500
-
-
municipal
-
1 913
-
-
nationa
-
9 240
-
-
total
-
11 153
-
-
Dividends
-
27 347
-
-
withholding
-
7 111
-
-
total
-
7 111
-
-
Income
38 500
38 500
38 500
38 500
Total tax
28 233
18 264
19 575
17 307
After tax
10 267
20 236
18 925
21 193
Living cost
26 653
26 653
26 653
26 653
Free-cash
-16 386
-6 417
-7 728
-5 460

Estimated living cost  is ₽26653 per week

₽16576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2700
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6921
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3790
-₽10761
-₽11545
-₽21202
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
income
-
-
-
3 309
social contributions
-
-
-
11 242
solidarity contribution
-
-
-
-
health
-
-
-
5 197
total
-
-
-
19 748
Employee
44 554
-
28 731
-
solidarity contribution
-
-
-
-
social contributions
2 896
-
1 868
-
income
5 346
-
3 448
-
health
6 015
-
3 879
-
total
14 257
-
9 195
-
Employer
44 554
-
28 731
-
health
4 010
-
2 586
-
social contributions
11 138
-
7 183
-
total
15 148
-
9 769
-
Corporate
-
38 500
-
-
income
-
7 315
-
-
total
-
7 315
-
-
Dividends
-
31 185
-
-
withholding
-
4 678
-
-
total
-
4 678
-
-
Income
38 500
38 500
38 500
38 500
Total tax
29 405
11 993
18 964
19 748
After tax
9 095
26 507
19 536
18 752
Living cost
30 297
30 297
30 297
30 297
Free-cash
-21 202
-3 790
-10 761
-11 545

Estimated living cost  is ₽30297 per week

₽22530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1678
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.
₽5564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15404
-₽17344
-₽9786
-₽18135
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
income
-
-
-
428
surtax
-
-
-
-
unemployment
-
-
-
6 069
chamber of commerce
-
-
-
154
health
-
-
-
2 946
pensions
-
-
-
7 122
total
-
-
-
16 719
Employee
43 251
39 431
39 431
-
other
432
394
293
-
unemployment
1 297
1 183
879
-
pensions
4 429
4 037
3 002
-
income
3 853
2 908
3 400
-
health
1 673
1 527
1 134
-
total
11 684
10 049
8 708
-
Employer
43 251
39 431
39 431
-
chamber of commerce
173
158
158
-
health
1 635
1 491
1 108
-
pensions
5 428
4 949
3 680
-
accident
561
513
381
-
unemployment
1 297
1 183
879
-
surtax
-
-
-
-
payroll
1 297
1 183
1 183
-
other
2 054
1 872
1 788
-
total
12 445
11 349
9 177
-
Corporate
3 755
3 755
25 569
-
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.

939
939
6 392
-
total
939
939
6 392
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
25 068
22 337
24 277
16 719
After tax
13 432
16 163
14 223
21 781
Living cost
31 567
31 567
31 567
31 567
Free-cash
-18 135
-15 404
-17 344
-9 786

Estimated living cost  is ₽31567 per week

₽18936
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3224
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23952
₽18177
₽25492
₽21585
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
38 500
microenterprise

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

-
-
-
385
total
-
-
-
385
Employee
15 779
-
38 500
-
income
3 156
-
7 700
-
total
3 156
-
7 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

22 721
38 500
-
-
total
-
-
-
-
Dividends
22 721
38 500
-
-
withholding
1 136
1 925
-
-
total
1 136
1 925
-
-
Income
38 500
38 500
38 500
38 500
Total tax
4 292
1 925
7 700
385
After tax
34 208
36 575
30 800
38 115
Living cost
12 623
12 623
12 623
12 623
Free-cash
21 585
23 952
18 177
25 492

Estimated living cost  is ₽12623 per week

₽8542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽530
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.
₽3127
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31
-₽5940
-₽4719
-₽12066
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
38 500
income
-
-
-
5 801
unemployment
-
-
-
58
health
-
-
-
3 789
pensions
-
-
-
7 032
total
-
-
-
16 680
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.

43 753
-
33 312
-
unemployment
62
-
47
-
pensions
6 782
-
5 164
-
income
7 545
-
5 350
-
health
2 826
-
2 152
-
total
17 215
-
12 713
-
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.

43 753
-
33 312
-
health
2 914
-
2 219
-
pensions
3 872
-
2 948
-
unemployment
26
-
21
-
total
6 812
-
5 188
-
Corporate
-
38 500
-
-
income
-
7 315
-
-
total
-
7 315
-
-
Dividends
-
31 185
-
-
withholding
-
4 677
-
-
total
-
4 677
-
-
Income
38 500
38 500
38 500
38 500
Total tax
24 027
11 992
17 901
16 680
After tax
14 473
26 508
20 599
21 820
Living cost
26 539
26 539
26 539
26 539
Free-cash
-12 066
-31
-5 940
-4 719

Estimated living cost  is ₽26539 per week

₽18213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6112
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20004
-₽18417
-₽16820
-₽111566
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
income
-
-
-
7 504
social contributions
-
-
-
4 389
total
-
-
-
11 893
Employee
62 268
-
1 858
-
social contributions
5 106
-
728
-
income
13 735
-
249
-
total
18 841
-
977
-
Employer
62 268
-
1 858
-
social contributions
87 798
-
12 513
-
total
87 798
-
12 513
-
Corporate
-
38 500
-
-
income
-
8 470
-
-
total
-
8 470
-
-
Dividends
-
30 030
-
-
income
-
6 607
-
-
total
-
6 607
-
-
Income
38 500
38 500
38 500
38 500
Total tax
106 639
15 077
13 490
11 893
After tax
-68 139
23 423
25 010
26 607
Living cost
43 427
43 427
43 427
43 427
Free-cash
-111 566
-20 004
-18 417
-16 820

Estimated living cost  is ₽43427 per week

₽28177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4084
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10612
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9138
-₽9002
-₽8346
-₽17816
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
38 500
income
-
-
-
2 432
surtax
-
-
-
-
social contributions

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

-
-
-
13 378
total
-
-
-
15 810
Employee
45 507
-
31 111
-
surtax
-
-
-
-
social contributions
5 006
-
3 423
-
income
9 466
-
5 654
-
total
14 472
-
9 077
-
Employer
45 507
-
31 111
-
social contributions
10 808
-
7 389
-
total
10 808
-
7 389
-
Corporate
-
38 500
-
-
income
-
8 085
-
-
surtax
-
-
-
-
total
-
8 085
-
-
Dividends
-
30 415
-
-
withholding
-
8 517
-
-
total
-
8 517
-
-
Income
38 500
38 500
38 500
38 500
Total tax
25 280
16 602
16 466
15 810
After tax
13 220
21 898
22 034
22 690
Living cost
31 036
31 036
31 036
31 036
Free-cash
-17 816
-9 138
-9 002
-8 346

Estimated living cost  is ₽31036 per week

₽23221
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1831
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28385
-₽23532
-₽24304
-₽42825
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
income
-
-
-
807
other
-
-
-
1 194
surtax
-
-
-
-
social contributions
-
-
-
1 097
health
-
-
-
334
pensions
-
-
-
11 583
total
-
-
-
15 015
Employee
61 971
-
29 337
-
pensions
7 009
-
3 316
-
surtax
-
-
-
-
social contributions
1 765
-
836
-
income
5 407
-
928
-
total
14 181
-
5 080
-
Employer
61 971
-
29 337
-
health
4 337
-
2 054
-
pensions
10 183
-
4 820
-
unemployment
2 510
-
1 189
-
social contributions
186
-
88
-
other
2 139
-
1 012
-
total
19 355
-
9 163
-
Corporate
-
38 500
-
-
income
-
10 780
-
-
surtax
-
-
-
-
total
-
10 780
-
-
Dividends
-
27 720
-
-
surtax
-
-
-
-
social contributions
-
4 767
-
-
withholding
-
3 549
-
-
total
-
8 316
-
-
Income
38 500
38 500
38 500
38 500
Total tax
33 536
19 096
14 243
15 015
After tax
4 964
19 404
24 257
23 485
Living cost
47 789
47 789
47 789
47 789
Free-cash
-42 825
-28 385
-23 532
-24 304

Estimated living cost  is ₽47789 per week

₽32343
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3909
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽655
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10881
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4909
₽1424
₽288
₽1584
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
income
-
-
-
-
social contributions
-
-
-
8 470
total
-
-
-
8 470
Employee
31 810
-
33 333
-
income
-
-
-
-
social contributions
2 067
-
2 167
-
total
2 067
-
2 167
-
Employer
31 810
-
33 333
-
social contributions
4 931
-
5 167
-
total
4 931
-
5 167
-
Corporate
1 760
38 500
-
-
income
176
3 849
-
-
total
176
3 849
-
-
Dividends
1 583
34 651
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
7 174
3 849
7 334
8 470
After tax
31 326
34 651
31 166
30 030
Living cost
29 742
29 742
29 742
29 742
Free-cash
1 584
4 909
1 424
288

Estimated living cost  is ₽29742 per week

₽19231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2242
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7710
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽176969
-₽176969
-₽21459
-₽176969
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
labour market
-
-
-
3 011
municipal
-
-
-
5 300
national
-
-
-
3 163
pensions
-
-
-
857
total
-
-
-
12 331
Employee
201 026
201 026
201 026
-
municipal
42 807
42 807
42 807
-
labour market
16 059
16 059
16 059
-
pensions
286
286
286
-
national
24 559
24 559
24 559
-
total
83 711
83 711
83 711
-
Employer
201 026
201 026
201 026
-
national
24 602
24 602
24 602
-
labour market
16 082
16 082
16 082
-
pensions
571
571
571
-
municipal
42 875
42 875
42 875
-
total
84 130
84 130
84 130
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
167 841
167 841
167 841
12 331
After tax
-129 341
-129 341
-129 341
26 169
Living cost
47 628
47 628
47 628
47 628
Free-cash
-176 969
-176 969
-176 969
-21 459

Estimated living cost  is ₽47628 per week

₽32597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4213
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽732
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10085
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18618
-₽1406
₽4184
-₽2662
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
accident
-
-
-
253
income
-
-
-
5 594
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 173
total
-
-
-
12 579
Employee
34 194
-
31 982
-
pensions
3 850
-
3 601
-
income
4 691
-
4 388
-
health
3 915
-
3 662
-
total
12 456
-
11 651
-
Employer
34 194
-
31 982
-
pensions
5 560
-
5 200
-
accident
571
-
534
-
unemployment
838
-
784
-
total
6 969
-
6 518
-
Corporate
-
38 500
-
-
income

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

-
34 650
-
-
total
-
34 650
-
-
Dividends
-
3 850
-
-
withholding
-
731
-
-
total
-
731
-
-
Income
38 500
38 500
38 500
38 500
Total tax
19 425
35 381
18 169
12 579
After tax
19 075
3 119
20 331
25 921
Living cost
21 737
21 737
21 737
21 737
Free-cash
-2 662
-18 618
-1 406
4 184

Estimated living cost  is ₽21737 per week

₽15822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
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.
₽4268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11344
-₽13690
-₽6879
-₽23379
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
38 500
health
-
-
-
180
municipal
-
-
-
6 897
national
-
-
-
315
total
-
-
-
7 392
Employee
52 057
-
32 388
-
municipal
8 526
-
5 333
-
unemployment
781
-
486
-
pensions
3 513
-
2 186
-
national
860
-
-
-
health
389
-
86
-
total
14 069
-
8 091
-
Employer
52 057
-
32 388
-
health
400
-
250
-
pensions
9 032
-
5 620
-
accident
53
-
32
-
unemployment
338
-
210
-
total
9 823
-
6 112
-
Corporate
-
38 500
-
-
income
-
7 700
-
-
total
-
7 700
-
-
Dividends

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

-
23 100
-
-
municipal
-
4 157
-
-
national
-
-
-
-
total
-
4 157
-
-
Income
38 500
38 500
38 500
38 500
Total tax
23 892
11 857
14 203
7 392
After tax
14 608
26 643
24 297
31 108
Living cost
37 987
37 987
37 987
37 987
Free-cash
-23 379
-11 344
-13 690
-6 879

Estimated living cost  is ₽37987 per week

₽24813
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3654
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6783
₽274
₽8603
₽234
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
income
-
-
-
-
social contributions
-
-
-
6 007
health
-
-
-
982
total
-
-
-
6 989
Employee
76 083
76 083
76 083
-
social contributions
2 877
6 315
2 901
-
income
8 284
7 043
8 277
-
health
590
1 294
593
-
total
11 751
14 652
11 771
-
Employer
76 083
76 083
76 083
-
health
640
1 408
646
-
social contributions
2 877
6 315
2 901
-
total
3 517
7 723
3 547
-
Corporate
324
-
-
-
income
41
-
-
-
total
41
-
-
-
Dividends
283
-
-
-
withholding
49
-
-
-
total
49
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
15 358
22 375
15 318
6 989
After tax
23 142
16 125
23 182
31 511
Living cost
22 908
22 908
22 908
22 908
Free-cash
234
-6 783
274
8 603

Estimated living cost  is ₽22908 per week

₽13729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2248
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽507
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6425
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16174
₽8249
₽10092
₽11138
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 500
income
-
-
-
2 796
unemployment
-
-
-
28
health
-
-
-
3 581
pensions
-
-
-
6 294
total
-
-
-
12 699
Employee

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

22 711
-
34 906
-
unemployment
113
-
175
-
pensions
3 406
-
5 237
-
income
1 553
-
2 569
-
health
1 930
-
2 967
-
total
7 002
-
10 948
-
Employer

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

22 711
-
34 906
-
health
976
-
1 500
-
pensions
1 249
-
1 919
-
unemployment
113
-
175
-
total
2 338
-
3 594
-
Corporate
13 451
38 500
-
-
income
1 211
3 464
-
-
total
1 211
3 464
-
-
Dividends
12 240
35 036
-
-
withholding
1 102
3 153
-
-
total
1 102
3 153
-
-
Income
38 500
38 500
38 500
38 500
Total tax
11 653
6 617
14 542
12 699
After tax
26 847
31 883
23 958
25 801
Living cost
15 709
15 709
15 709
15 709
Free-cash
11 138
16 174
8 249
10 092

Estimated living cost  is ₽15709 per week

₽10023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1132
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1132
-₽6382
-₽5559
-₽9749
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
accident
-
-
-
347
income
-
-
-
5 298
other
-
-
-
39
unemployment
-
-
-
270
pensions
-
-
-
10 896
total
-
-
-
16 850
Employee
36 586
-
27 966
-
other
36
-
34
-
unemployment
567
-
513
-
pensions
1 720
-
1 553
-
income
7 053
-
5 039
-
total
9 376
-
7 139
-
Employer
36 586
-
27 966
-
pensions
8 633
-
7 798
-
accident
725
-
653
-
unemployment
2 013
-
1 818
-
other
293
-
265
-
total
11 664
-
10 534
-
Corporate
-
38 500
-
-
income

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

-
5 776
-
-
total
-
5 776
-
-
Dividends
-
32 724
-
-
withholding
-
6 647
-
-
total
-
6 647
-
-
Income
38 500
38 500
38 500
38 500
Total tax
21 040
12 423
17 673
16 850
After tax
17 460
26 077
20 827
21 650
Living cost
27 209
27 209
27 209
27 209
Free-cash
-9 749
-1 132
-6 382
-5 559

Estimated living cost  is ₽27209 per week

₽18365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2616
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5751
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22089
₽21816
₽21954
₽21772
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
income
-
-
-
12 177
health
-
-
-
1 023
pensions
-
-
-
1 411
total
-
-
-
14 611
Employee
2 947
-
36 912
-
unemployment
29
-
71
-
pensions
265
-
635
-
income
570
-
12 103
-
health
147
-
353
-
total
1 011
-
13 162
-
Employer
2 947
-
36 912
-
health
280
-
670
-
pensions
324
-
776
-
unemployment
59
-
141
-
total
663
-
1 587
-
Corporate
34 890
38 500
-
-
income
7 676
8 470
-
-
total
7 676
8 470
-
-
Dividends
27 214
30 030
-
-
withholding
5 443
6 006
-
-
total
5 443
6 006
-
-
Income
38 500
38 500
38 500
38 500
Total tax
14 793
14 476
14 749
14 611
After tax
23 707
24 024
23 751
23 889
Living cost
1 935
1 935
1 935
1 935
Free-cash
21 772
22 089
21 816
21 954

Estimated living cost  is ₽1935 per week

₽1150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽584
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10706
₽4116
₽2460
₽5838
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
38 500
income
-
-
-
4 377
unemployment
-
-
-
578
health
-
-
-
3 965
pensions
-
-
-
10 010
total
-
-
-
18 930
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.

25 801
-
32 655
-
unemployment
194
-
245
-
pensions
3 612
-
4 572
-
income
3 556
-
4 929
-
health
1 329
-
1 682
-
total
8 691
-
11 428
-
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.

25 801
-
32 655
-
health
1 329
-
1 682
-
pensions
3 096
-
3 919
-
unemployment
194
-
245
-
total
4 619
-
5 846
-
Corporate
8 080
38 500
-
-
income
1 212
5 775
-
-
total
1 212
5 775
-
-
Dividends
6 868
32 725
-
-
withholding
1 030
4 909
-
-
total
1 030
4 909
-
-
Income
38 500
38 500
38 500
38 500
Total tax
15 552
10 684
17 274
18 930
After tax
22 948
27 816
21 226
19 570
Living cost
17 110
17 110
17 110
17 110
Free-cash
5 838
10 706
4 116
2 460

Estimated living cost  is ₽17110 per week

₽11520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4777
-₽4641
-₽3985
-₽9024
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
38 500
income
-
-
-
2 432
surtax
-
-
-
-
social contributions

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

-
-
-
13 378
total
-
-
-
15 810
Employee
38 403
-
31 111
-
surtax
-
-
-
-
social contributions
4 225
-
3 423
-
income
7 504
-
5 654
-
total
11 729
-
9 077
-
Employer
38 403
-
31 111
-
social contributions
9 120
-
7 389
-
total
9 120
-
7 389
-
Corporate
-
38 500
-
-
income
-
8 085
-
-
surtax
-
-
-
-
total
-
8 085
-
-
Dividends
-
30 415
-
-
withholding
-
8 517
-
-
total
-
8 517
-
-
Income
38 500
38 500
38 500
38 500
Total tax
20 849
16 602
16 466
15 810
After tax
17 651
21 898
22 034
22 690
Living cost
26 675
26 675
26 675
26 675
Free-cash
-9 024
-4 777
-4 641
-3 985

Estimated living cost  is ₽26675 per week

₽18893
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1853
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8696
-₽13946
-₽13123
-₽24522
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
accident
-
-
-
347
income
-
-
-
5 298
other
-
-
-
39
unemployment
-
-
-
270
pensions
-
-
-
10 896
total
-
-
-
16 850
Employee
47 786
-
27 966
-
other
47
-
34
-
unemployment
740
-
513
-
pensions
2 246
-
1 553
-
income
9 981
-
5 039
-
total
13 014
-
7 139
-
Employer
47 786
-
27 966
-
pensions
11 277
-
7 798
-
accident
946
-
653
-
unemployment
2 629
-
1 818
-
other
383
-
265
-
total
15 235
-
10 534
-
Corporate
-
38 500
-
-
income

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

-
5 776
-
-
total
-
5 776
-
-
Dividends
-
32 724
-
-
withholding
-
6 647
-
-
total
-
6 647
-
-
Income
38 500
38 500
38 500
38 500
Total tax
28 249
12 423
17 673
16 850
After tax
10 251
26 077
20 827
21 650
Living cost
34 773
34 773
34 773
34 773
Free-cash
-24 522
-8 696
-13 946
-13 123

Estimated living cost  is ₽34773 per week

₽24973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2704
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.
₽6607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15895
₽7283
₽6473
₽9864
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
income
-
-
-
5 775
unemployment
-
-
-
138
health
-
-
-
3 975
pensions

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

-
-
-
5 116
total
-
-
-
15 004
Employee
22 540
-
32 185
-
accident

We are using the highest rate at 1.1%.

248
-
354
-
pensions

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

1 979
-
2 826
-
income
2 254
-
3 218
-
health
1 037
-
1 481
-
total
5 518
-
7 879
-
Employer
22 540
-
32 185
-
health
1 555
-
2 221
-
pensions

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

2 484
-
3 547
-
accident

We are using the highest rate at 1.1%.

248
-
354
-
unemployment
135
-
193
-
total
4 422
-
6 315
-
Corporate
11 537
38 500
-
-
income
1 154
3 850
-
-
total
1 154
3 850
-
-
Dividends
10 383
34 650
-
-
withholding
519
1 732
-
-
total
519
1 732
-
-
Income
38 500
38 500
38 500
38 500
Total tax
11 613
5 582
14 194
15 004
After tax
26 887
32 918
24 306
23 496
Living cost
17 023
17 023
17 023
17 023
Free-cash
9 864
15 895
7 283
6 473

Estimated living cost  is ₽17023 per week

₽11259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4384
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18163
-₽7748
-₽7748
-₽10731
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
38 500
income

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

-
-
-
1 220
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.

-
-
-
68
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.

-
-
-
6 760
trade
-
-
-
-
total
-
-
-
8 048
Employee

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

49 231
-
38 500
-
surtax

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

223
-
68
-
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.

4 048
-
1 220
-
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.

6 760
-
6 760
-
total
11 031
-
8 048
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
38 500
-
-
income
-
5 776
-
-
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.

-
317
-
-
chamber of commerce
-
207
-
-
trade
-
5 524
-
-
total
-
11 824
-
-
Dividends
-
26 676
-
-
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.

-
345
-
-
withholding
-
6 294
-
-
total
-
6 639
-
-
Income
38 500
38 500
38 500
38 500
Total tax
11 031
18 463
8 048
8 048
After tax
27 469
20 037
30 452
30 452
Living cost
38 200
38 200
38 200
38 200
Free-cash
-10 731
-18 163
-7 748
-7 748

Estimated living cost  is ₽38200 per week

₽26351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4110
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29412
-₽24616
-₽24616
-₽38897
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
income
-
-
-
4 602
social contributions
-
-
-
2 151
total
-
-
-
6 753
Employee
77 397
-
38 500
-
income
14 604
-
4 602
-
social contributions
6 430
-
2 151
-
total
21 034
-
6 753
-
Employer
77 397
-
38 500
-
total
-
-
-
-
Corporate
-
38 500
-
-
income
-
4 812
-
-
total
-
4 812
-
-
Dividends
-
33 688
-
-
withholding
-
6 737
-
-
total
-
6 737
-
-
Income
38 500
38 500
38 500
38 500
Total tax
21 034
11 549
6 753
6 753
After tax
17 466
26 951
31 747
31 747
Living cost
56 363
56 363
56 363
56 363
Free-cash
-38 897
-29 412
-24 616
-24 616

Estimated living cost  is ₽56363 per week

₽42880
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4593
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8352
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14646
-₽7017
-₽31587
-₽14392
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
38 500
income
-
-
-
28 165
health

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

-
-
-
6 005
total
-
-
-
34 170
Employee
45 390
-
34 993
-
income
4 925
-
2 586
-
social contributions
4 548
-
3 507
-
total
9 473
-
6 093
-
Employer
45 390
-
34 993
-
social contributions
4 548
-
3 507
-
total
4 548
-
3 507
-
Corporate
-
38 500
-
-
income
-
13 476
-
-
total
-
13 476
-
-
Dividends
-
25 024
-
-
social contributions
2 954
3 753
-
-
total
2 954
3 753
-
-
Income
38 500
38 500
38 500
38 500
Total tax
16 975
17 229
9 600
34 170
After tax
21 525
21 271
28 900
4 330
Living cost
35 917
35 917
35 917
35 917
Free-cash
-14 392
-14 646
-7 017
-31 587

Estimated living cost  is ₽35917 per week

₽23658
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7773
-₽10578
-₽7276
-₽17800
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
income
-
-
-
7 337
pensions
-
-
-
1 819
total
-
-
-
9 156
Employee
50 266
-
34 883
-
pensions
3 837
-
1 991
-
income
9 154
-
6 509
-
health
656
-
341
-
total
13 647
-
8 841
-
Employer
50 266
-
34 883
-
health
955
-
662
-
pensions
5 078
-
2 955
-
total
6 033
-
3 617
-
Corporate
-
38 500
-
-
income

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

-
7 315
-
-
total
-
7 315
-
-
Dividends
-
31 185
-
-
withholding
-
2 338
-
-
total
-
2 338
-
-
Income
38 500
38 500
38 500
38 500
Total tax
19 680
9 653
12 458
9 156
After tax
18 820
28 847
26 042
29 344
Living cost
36 620
36 620
36 620
36 620
Free-cash
-17 800
-7 773
-10 578
-7 276

Estimated living cost  is ₽36620 per week

₽25121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7671
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽20770
-₽3558
₽2032
-₽6737
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
accident
-
-
-
253
income
-
-
-
5 594
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 173
total
-
-
-
12 579
Employee
37 578
-
31 982
-
pensions
4 231
-
3 601
-
income
5 155
-
4 388
-
health
4 303
-
3 662
-
total
13 689
-
11 651
-
Employer
37 578
-
31 982
-
pensions
6 110
-
5 200
-
accident
628
-
534
-
unemployment
921
-
784
-
total
7 659
-
6 518
-
Corporate
-
38 500
-
-
income

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

-
34 650
-
-
total
-
34 650
-
-
Dividends
-
3 850
-
-
withholding
-
731
-
-
total
-
731
-
-
Income
38 500
38 500
38 500
38 500
Total tax
21 348
35 381
18 169
12 579
After tax
17 152
3 119
20 331
25 921
Living cost
23 889
23 889
23 889
23 889
Free-cash
-6 737
-20 770
-3 558
2 032

Estimated living cost  is ₽23889 per week

₽17532
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
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.
₽4484
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

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Skopje , Macedonia
₽19356
₽10250
₽10250
₽14543
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
38 500
income
-
-
-
4 293
unemployment
-
-
-
462
work injury
-
-
-
193
health insurance
-
-
-
2 849
pensions
-
-
-
7 084
total
-
-
-
14 881
Employee

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

21 391
-
38 500
-
health insurance
1 583
-
2 849
-
unemployment
257
-
462
-
work injury
107
-
193
-
pensions
3 936
-
7 084
-
income
2 139
-
4 293
-
total
8 022
-
14 881
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
17 109
38 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
17 109
38 500
-
-
withholding
2 566
5 775
-
-
total
2 566
5 775
-
-
Income
38 500
38 500
38 500
38 500
Total tax
10 588
5 775
14 881
14 881
After tax
27 912
32 725
23 619
23 619
Living cost
13 369
13 369
13 369
13 369
Free-cash
14 543
19 356
10 250
10 250

Estimated living cost  is ₽13369 per week

₽8282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19138
-₽20439
-₽18170
-₽44878
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
social contributions
-
-
-
9 903
regional
-
-
-
499
municipal
-
-
-
257
national
-
-
-
6 594
total
-
-
-
17 253
Employee
83 377
-
38 500
-
municipal
498
-
229
-
national
14 090
-
5 870
-
regional
1 259
-
441
-
social contributions
28 114
-
12 982
-
total
43 961
-
19 522
-
Employer
83 377
-
38 500
-
total
-
-
-
-
Corporate
-
38 500
-
-
municipal
-
1 855
-
-
nationa
-
9 240
-
-
total
-
11 095
-
-
Dividends
-
27 405
-
-
withholding
-
7 126
-
-
total
-
7 126
-
-
Income
38 500
38 500
38 500
38 500
Total tax
43 961
18 221
19 522
17 253
After tax
-5 461
20 279
18 978
21 247
Living cost
39 417
39 417
39 417
39 417
Free-cash
-44 878
-19 138
-20 439
-18 170

Estimated living cost  is ₽39417 per week

₽27688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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