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
-₽9381
₽1369
₽1369
₽1129
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
1 492
surtax

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

-
-
-
82
health

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

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

-
-
-
6 544
trade
-
-
-
-
total
-
-
-
8 118
Employee

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

36 637
-
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.

56
-
82
-
income

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

1 023
-
1 492
-
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.

6 544
-
6 544
-
total
7 623
-
8 118
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 863
38 500
-
-
income
280
5 775
-
-
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.

15
318
-
-
chamber of commerce
147
200
-
-
trade
293
6 064
-
-
total
735
12 357
-
-
Dividends
1 129
26 143
-
-
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.

-
340
-
-
withholding
-
6 171
-
-
total
-
6 511
-
-
Income
38 500
38 500
38 500
38 500
Total tax
8 358
18 868
8 118
8 118
After tax
30 142
19 632
30 382
30 382
Living cost
29 013
29 013
29 013
29 013
Free-cash
1 129
-9 381
1 369
1 369

Estimated living cost  is ₽29013 per week

₽18250
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6838
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27164
-₽25657
-₽25959
-₽48052
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 231
national
-
-
-
5 006
pensions
-
-
-
4 620
total
-
-
-
13 271
Employee
79 351
-
33 283
-
municipal
9 801
-
3 380
-
pensions
3 174
-
1 331
-
national
15 188
-
5 237
-
total
28 163
-
9 948
-
Employer
79 351
-
33 283
-
pensions
6 348
-
2 663
-
social contributions
853
-
358
-
total
7 201
-
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
35 364
14 476
12 969
13 271
After tax
3 136
24 024
25 531
25 229
Living cost
51 188
51 188
51 188
51 188
Free-cash
-48 052
-27 164
-25 657
-25 959

Estimated living cost  is ₽51188 per week

₽34792
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽766
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10872
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10872
₽2163
₽9781
₽3015
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
3 016
microenterprise
-
-
-
5 775
total
-
-
-
8 791
Employee
27 990
-
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.

3 079
-
3 412
-
income
4 982
-
5 522
-
total
8 061
-
8 934
-
Employer
27 990
-
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.

6 742
-
7 475
-
surtax
-
-
-
-
total
6 742
-
7 475
-
Corporate
3 768
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%.

754
7 700
-
-
total
754
7 700
-
-
Dividends

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

3 014
30 800
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
15 557
7 700
16 409
8 791
After tax
22 943
30 800
22 091
29 709
Living cost
19 928
19 928
19 928
19 928
Free-cash
3 015
10 872
2 163
9 781

Estimated living cost  is ₽19928 per week

₽12713
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1898
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4864
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽51242
-₽56619
-₽17951
-₽56619
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 486
health
-
-
-
5 909
pensions
-
-
-
6 929
total
-
-
-
16 324
Employee
81 798
81 798
81 798
-
pensions
14 724
11 223
14 724
-
income

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

13 389
13 389
13 389
-
health
12 555
10 679
12 555
-
total
40 668
35 291
40 668
-
Employer
81 798
81 798
81 798
-
health
5 686
5 686
5 686
-
pensions
5 693
5 693
5 693
-
unemployment
2 945
2 945
2 945
-
total
14 324
14 324
14 324
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
54 992
49 615
54 992
16 324
After tax
-16 492
-11 115
-16 492
22 176
Living cost
40 127
40 127
40 127
40 127
Free-cash
-56 619
-51 242
-56 619
-17 951

Estimated living cost  is ₽40127 per week

₽28437
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3617
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽638
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7435
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18162
-₽18624
-₽19992
-₽34875
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
55 833
-
29 295
-
municipal
16 649
-
8 736
-
national
-
-
-
-
total
16 649
-
8 736
-
Employer
55 833
-
29 295
-
health
3 434
-
1 802
-
pensions
6 035
-
3 167
-
accident
112
-
59
-
unemployment
1 474
-
773
-
other
6 488
-
3 404
-
total
17 543
-
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
34 192
17 479
17 941
19 309
After tax
4 308
21 021
20 559
19 191
Living cost
39 183
39 183
39 183
39 183
Free-cash
-34 875
-18 162
-18 624
-19 992

Estimated living cost  is ₽39183 per week

₽25969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3845
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.
₽8774
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18195
-₽7247
-₽7247
-₽10076
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
1 492
surtax

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

-
-
-
82
health

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

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

-
-
-
6 544
trade
-
-
-
-
total
-
-
-
8 118
Employee

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

48 576
-
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.

229
-
82
-
income

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

4 174
-
1 492
-
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.

6 544
-
6 544
-
total
10 947
-
8 118
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
38 500
-
-
income
-
5 775
-
-
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.

-
318
-
-
chamber of commerce
-
200
-
-
trade
-
6 333
-
-
total
-
12 626
-
-
Dividends
-
25 874
-
-
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.

-
336
-
-
withholding
-
6 104
-
-
total
-
6 440
-
-
Income
38 500
38 500
38 500
38 500
Total tax
10 947
19 066
8 118
8 118
After tax
27 553
19 434
30 382
30 382
Living cost
37 629
37 629
37 629
37 629
Free-cash
-10 076
-18 195
-7 247
-7 247

Estimated living cost  is ₽37629 per week

₽25167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3968
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14228
-₽7590
₽443
-₽8992
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 006
health
-
-
-
982
total
-
-
-
6 988
Employee
73 656
73 656
73 656
-
social contributions
3 579
6 113
2 901
-
income
7 734
6 818
7 978
-
health
733
1 252
594
-
total
12 046
14 183
11 473
-
Employer
73 656
73 656
73 656
-
health
798
1 363
647
-
social contributions
3 579
6 113
2 901
-
total
4 377
7 476
3 548
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
16 423
21 659
15 021
6 988
After tax
22 077
16 841
23 479
31 512
Living cost
31 069
31 069
31 069
31 069
Free-cash
-8 992
-14 228
-7 590
443

Estimated living cost  is ₽31069 per week

₽21239
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6882
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4311
₽4727
₽9079
₽4678
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

25 394
10 106
32 218
-
unemployment
381
152
483
-
pensions
2 539
1 011
3 222
-
income
3 104
1 236
3 939
-
health
1 778
707
2 255
-
total
7 802
3 106
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.

25 394
10 106
32 218
-
pensions
4 952
1 971
6 282
-
total
4 952
1 971
6 282
-
Corporate
8 154
26 423
-
-
income
734
2 378
-
-
total
734
2 378
-
-
Dividends
7 421
24 045
-
-
social contributions
1 332
4 573
-
-
withholding
1 410
4 569
-
-
total
2 742
9 142
-
-
Income
38 500
38 500
38 500
38 500
Total tax
16 230
16 597
16 181
11 829
After tax
22 270
21 903
22 319
26 671
Living cost
17 592
17 592
17 592
17 592
Free-cash
4 678
4 311
4 727
9 079

Estimated living cost  is ₽17592 per week

₽12005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1439
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7664
₽1062
-₽317
₽1713
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 977
health
-
-
-
5 004
pensions
-
-
-
7 700
total
-
-
-
15 681
Employee
27 173
-
28 773
-
unemployment
434
-
460
-
pensions
544
-
576
-
income
3 059
-
3 539
-
total
4 037
-
4 575
-
Employer
27 173
-
28 773
-
health
3 532
-
3 741
-
pensions
5 435
-
5 755
-
unemployment
218
-
231
-
total
9 185
-
9 727
-
Corporate
2 142
38 500
-
-
income
429
7 700
-
-
total
429
7 700
-
-
Dividends
1 713
30 800
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
13 651
7 700
14 302
15 681
After tax
24 849
30 800
24 198
22 819
Living cost
23 136
23 136
23 136
23 136
Free-cash
1 713
7 664
1 062
-317

Estimated living cost  is ₽23136 per week

₽15869
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1378
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5424
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18256
-₽1044
₽4726
-₽1977
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
245
income
-
-
-
5 632
other
-
-
-
360
health
-
-
-
2 119
pensions
-
-
-
4 043
total
-
-
-
12 399
Employee
33 625
-
31 982
-
pensions
3 786
-
3 601
-
income
4 613
-
4 388
-
health
3 850
-
3 662
-
total
12 249
-
11 651
-
Employer
33 625
-
31 982
-
pensions
5 468
-
5 200
-
accident
561
-
534
-
unemployment
824
-
784
-
total
6 853
-
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
19 102
35 381
18 169
12 399
After tax
19 398
3 119
20 331
26 101
Living cost
21 375
21 375
21 375
21 375
Free-cash
-1 977
-18 256
-1 044
4 726

Estimated living cost  is ₽21375 per week

₽15666
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1184
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4079
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28730
₽22955
₽30270
₽27260
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 805
-
38 500
-
income
1 961
-
7 700
-
total
1 961
-
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%.

28 695
38 500
-
-
total
-
-
-
-
Dividends
28 695
38 500
-
-
withholding
1 434
1 925
-
-
total
1 434
1 925
-
-
Income
38 500
38 500
38 500
38 500
Total tax
3 395
1 925
7 700
385
After tax
35 105
36 575
30 800
38 115
Living cost
7 845
7 845
7 845
7 845
Free-cash
27 260
28 730
22 955
30 270

Estimated living cost  is ₽7845 per week

₽4861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽652
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽216
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2763
-₽2953
-₽4676
-₽5044
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 890
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
-
-
-
17 653
Employee
34 779
-
30 749
-
unemployment
347
-
307
-
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.

2 434
-
2 152
-
income
5 988
-
5 293
-
health
487
-
431
-
total
9 256
-
8 183
-
Employer
34 779
-
30 749
-
health
487
-
431
-
pensions

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

5 913
-
5 226
-
accident
278
-
245
-
unemployment
347
-
307
-
other
1 740
-
1 538
-
total
8 765
-
7 747
-
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
18 021
10 214
15 930
17 653
After tax
20 479
28 286
22 570
20 847
Living cost
25 523
25 523
25 523
25 523
Free-cash
-5 044
2 763
-2 953
-4 676

Estimated living cost  is ₽25523 per week

₽18034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1723
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽411
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5355
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽34718
-₽37637
-₽34266
-₽63759
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 324
pensions
-
-
-
1 878
total
-
-
-
9 202
Employee
89 933
-
34 824
-
pensions
8 676
-
2 064
-
income
16 211
-
6 482
-
health
1 482
-
352
-
total
26 369
-
8 898
-
Employer
89 933
-
34 824
-
health
1 708
-
661
-
pensions
10 618
-
3 014
-
total
12 326
-
3 675
-
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.

-
7 316
-
-
total
-
7 316
-
-
Dividends
-
31 184
-
-
withholding
-
2 338
-
-
total
-
2 338
-
-
Income
38 500
38 500
38 500
38 500
Total tax
38 695
9 654
12 573
9 202
After tax
-195
28 846
25 927
29 298
Living cost
63 564
63 564
63 564
63 564
Free-cash
-63 759
-34 718
-37 637
-34 266

Estimated living cost  is ₽63564 per week

₽47629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7950
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽20352
₽11739
₽11220
₽15899
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
134
health
-
-
-
3 850
pensions

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

-
-
-
4 955
total
-
-
-
14 714
Employee
16 639
-
32 185
-
accident

We are using the highest rate at 1.1%.

183
-
354
-
pensions

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

1 461
-
2 826
-
income
1 664
-
3 219
-
health
765
-
1 481
-
total
4 073
-
7 880
-
Employer
16 639
-
32 185
-
health
1 148
-
2 221
-
pensions

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

1 834
-
3 547
-
accident

We are using the highest rate at 1.1%.

183
-
354
-
unemployment
100
-
193
-
total
3 265
-
6 315
-
Corporate
18 596
38 500
-
-
income
1 860
3 850
-
-
total
1 860
3 850
-
-
Dividends
16 736
34 650
-
-
withholding
837
1 732
-
-
total
837
1 732
-
-
Income
38 500
38 500
38 500
38 500
Total tax
10 035
5 582
14 195
14 714
After tax
28 465
32 918
24 305
23 786
Living cost
12 566
12 566
12 566
12 566
Free-cash
15 899
20 352
11 739
11 220

Estimated living cost  is ₽12566 per week

₽7336
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽897
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽333
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4000
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽64230
-₽69607
-₽30939
-₽65854
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 486
health
-
-
-
5 909
pensions
-
-
-
6 929
total
-
-
-
16 324
Employee
88 807
81 798
81 798
-
pensions
11 223
11 223
14 724
-
income

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

13 389
13 389
13 389
-
health
11 079
10 679
12 555
-
total
35 691
35 291
40 668
-
Employer
88 807
81 798
81 798
-
health
6 171
5 686
5 686
-
pensions
6 180
5 693
5 693
-
unemployment
3 197
2 945
2 945
-
total
15 548
14 324
14 324
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
51 239
49 615
54 992
16 324
After tax
-12 739
-11 115
-16 492
22 176
Living cost
53 115
53 115
53 115
53 115
Free-cash
-65 854
-64 230
-69 607
-30 939

Estimated living cost  is ₽53115 per week

₽39181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4744
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽609
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8582
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2684
-₽4287
-₽5072
-₽8445
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 198
total
-
-
-
19 749
Employee
35 034
-
28 731
-
solidarity contribution
-
-
-
-
social contributions
2 277
-
1 868
-
income
4 204
-
3 448
-
health
4 730
-
3 879
-
total
11 211
-
9 195
-
Employer
35 034
-
28 731
-
health
3 153
-
2 586
-
social contributions
8 758
-
7 183
-
total
11 911
-
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
23 122
11 993
18 964
19 749
After tax
15 378
26 507
19 536
18 751
Living cost
23 823
23 823
23 823
23 823
Free-cash
-8 445
2 684
-4 287
-5 072

Estimated living cost  is ₽23823 per week

₽16548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1695
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5112
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19876
-₽21288
-₽19039
-₽46630
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
357
municipal
-
-
-
229
national
-
-
-
6 631
total
-
-
-
17 120
Employee
85 130
-
38 500
-
municipal
451
-
204
-
national
14 751
-
5 869
-
regional
803
-
314
-
social contributions
28 706
-
12 982
-
total
44 711
-
19 369
-
Employer
85 130
-
38 500
-
total
-
-
-
-
Corporate
-
38 500
-
-
municipal
-
1 501
-
-
nationa
-
9 240
-
-
total
-
10 741
-
-
Dividends
-
27 759
-
-
withholding
-
7 216
-
-
total
-
7 216
-
-
Income
38 500
38 500
38 500
38 500
Total tax
44 711
17 957
19 369
17 120
After tax
-6 211
20 543
19 131
21 380
Living cost
40 419
40 419
40 419
40 419
Free-cash
-46 630
-19 876
-21 288
-19 039

Estimated living cost  is ₽40419 per week

₽28175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2650
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.
₽8972
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽3079
₽84
₽1008
₽98
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 570
other
-
-
-
-
surtax
-
-
-
133
unemployment
-
-
-
218
health
-
-
-
2 734
pensions
-
-
-
7 700
total
-
-
-
16 355
Employee
31 676
-
31 805
-
other
-
-
-
-
unemployment
2 205
-
2 214
-
pensions
2 112
-
2 121
-
surtax
104
-
107
-
income
5 310
-
5 331
-
health
809
-
811
-
total
10 540
-
10 584
-
Employer
31 676
-
31 805
-
health
1 441
-
1 447
-
pensions
4 223
-
4 239
-
unemployment
1 003
-
1 009
-
other
-
-
-
-
total
6 667
-
6 695
-
Corporate
156
38 500
-
-
income
40
10 010
-
-
total
40
10 010
-
-
Dividends
116
28 490
-
-
withholding
18
4 274
-
-
total
18
4 274
-
-
Income
38 500
38 500
38 500
38 500
Total tax
17 265
14 284
17 279
16 355
After tax
21 235
24 216
21 221
22 145
Living cost
21 137
21 137
21 137
21 137
Free-cash
98
3 079
84
1 008

Estimated living cost  is ₽21137 per week

₽12924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5775
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14579
-₽17498
-₽14127
-₽29440
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 324
pensions
-
-
-
1 878
total
-
-
-
9 202
Employee
60 271
-
34 824
-
pensions
5 116
-
2 064
-
income
10 855
-
6 482
-
health
875
-
352
-
total
16 846
-
8 898
-
Employer
60 271
-
34 824
-
health
1 145
-
661
-
pensions
6 524
-
3 014
-
total
7 669
-
3 675
-
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.

-
7 316
-
-
total
-
7 316
-
-
Dividends
-
31 184
-
-
withholding
-
2 338
-
-
total
-
2 338
-
-
Income
38 500
38 500
38 500
38 500
Total tax
24 515
9 654
12 573
9 202
After tax
13 985
28 846
25 927
29 298
Living cost
43 425
43 425
43 425
43 425
Free-cash
-29 440
-14 579
-17 498
-14 127

Estimated living cost  is ₽43425 per week

₽32534
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3255
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽58877
-₽46333
-₽43543
-₽59530
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
770
regional
-
-
-
554
health
-
-
-
249
city
-
-
-
405
national
-
-
-
41
pensions
-
-
-
3 542
total
-
-
-
5 561
Employee
89 503
-
34 008
-
unemployment
-
-
-
-
pensions
7 519
-
3 363
-
national
424
-
14
-
regional
2 931
-
418
-
city
961
-
359
-
health
202
-
77
-
total
12 037
-
4 231
-
Employer
89 503
-
34 008
-
health
202
-
77
-
pensions
7 519
-
3 363
-
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.

1 790
-
680
-
total
9 511
-
4 120
-
Corporate
-
38 500
-
-
regional
-
8 142
-
-
national
-
3 273
-
-
total
-
11 415
-
-
Dividends
-
27 085
-
-
withholding
-
9 480
-
-
total
-
9 480
-
-
Income
38 500
38 500
38 500
38 500
Total tax
21 548
20 895
8 351
5 561
After tax
16 952
17 605
30 149
32 939
Living cost
76 482
76 482
76 482
76 482
Free-cash
-59 530
-58 877
-46 333
-43 543

Estimated living cost  is ₽76482 per week

₽49735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6863
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽939
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18944
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽24646
-₽13499
-₽13499
-₽19067
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
1 492
surtax

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

-
-
-
82
health

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

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

-
-
-
6 544
trade
-
-
-
-
total
-
-
-
8 118
Employee

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

57 566
-
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.

373
-
82
-
income

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

6 769
-
1 492
-
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.

6 544
-
6 544
-
total
13 686
-
8 118
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
38 500
-
-
income
-
5 775
-
-
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.

-
318
-
-
chamber of commerce
-
200
-
-
trade
-
6 602
-
-
total
-
12 895
-
-
Dividends
-
25 605
-
-
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.

-
333
-
-
withholding
-
6 037
-
-
total
-
6 370
-
-
Income
38 500
38 500
38 500
38 500
Total tax
13 686
19 265
8 118
8 118
After tax
24 814
19 235
30 382
30 382
Living cost
43 881
43 881
43 881
43 881
Free-cash
-19 067
-24 646
-13 499
-13 499

Estimated living cost  is ₽43881 per week

₽32049
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13367
-₽8601
-₽9326
-₽15298
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
898
other
-
-
-
1 194
surtax
-
-
-
-
social contributions
-
-
-
1 096
health
-
-
-
334
pensions
-
-
-
11 532
total
-
-
-
15 054
Employee
40 995
-
29 337
-
pensions
4 635
-
3 319
-
surtax
-
-
-
-
social contributions
1 169
-
836
-
income
2 419
-
1 011
-
total
8 223
-
5 166
-
Employer
40 995
-
29 337
-
health
2 870
-
2 054
-
pensions
6 735
-
4 821
-
unemployment
1 660
-
1 189
-
social contributions
124
-
87
-
other
1 414
-
1 012
-
total
12 803
-
9 163
-
Corporate
-
38 500
-
-
income
-
10 779
-
-
surtax
-
-
-
-
total
-
10 779
-
-
Dividends
-
27 721
-
-
surtax
-
-
-
-
social contributions
-
4 768
-
-
withholding
-
3 548
-
-
total
-
8 316
-
-
Income
38 500
38 500
38 500
38 500
Total tax
21 026
19 095
14 329
15 054
After tax
17 474
19 405
24 171
23 446
Living cost
32 772
32 772
32 772
32 772
Free-cash
-15 298
-13 367
-8 601
-9 326

Estimated living cost  is ₽32772 per week

₽20664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2665
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8887
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10120
-₽5354
-₽6079
-₽9521
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
898
other
-
-
-
1 194
surtax
-
-
-
-
social contributions
-
-
-
1 096
health
-
-
-
334
pensions
-
-
-
11 532
total
-
-
-
15 054
Employee
36 594
-
29 337
-
pensions
4 139
-
3 319
-
surtax
-
-
-
-
social contributions
1 043
-
836
-
income
1 887
-
1 011
-
total
7 069
-
5 166
-
Employer
36 594
-
29 337
-
health
2 561
-
2 054
-
pensions
6 013
-
4 821
-
unemployment
1 481
-
1 189
-
social contributions
109
-
87
-
other
1 263
-
1 012
-
total
11 427
-
9 163
-
Corporate
-
38 500
-
-
income
-
10 779
-
-
surtax
-
-
-
-
total
-
10 779
-
-
Dividends
-
27 721
-
-
surtax
-
-
-
-
social contributions
-
4 768
-
-
withholding
-
3 548
-
-
total
-
8 316
-
-
Income
38 500
38 500
38 500
38 500
Total tax
18 496
19 095
14 329
15 054
After tax
20 004
19 405
24 171
23 446
Living cost
29 525
29 525
29 525
29 525
Free-cash
-9 521
-10 120
-5 354
-6 079

Estimated living cost  is ₽29525 per week

₽17123
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2999
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.
₽8843
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3178
₽3387
₽4414
₽2346
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
5 313
health
-
-
-
2 687
total
-
-
-
13 775
Employee
32 478
-
38 500
-
social contributions
4 483
-
5 313
-
income
5 417
-
6 802
-
health
2 267
-
2 687
-
total
12 167
-
14 802
-
Employer
32 478
-
38 500
-
total
-
-
-
-
Corporate
6 022
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%.

302
1 925
-
-
total
302
1 925
-
-
Dividends
5 721
36 575
-
-
social contributions
1 671
5 048
-
-
withholding
858
5 486
-
-
health
845
2 552
-
-
total
3 374
13 086
-
-
Income
38 500
38 500
38 500
38 500
Total tax
15 843
15 011
14 802
13 775
After tax
22 657
23 489
23 698
24 725
Living cost
20 311
20 311
20 311
20 311
Free-cash
2 346
3 178
3 387
4 414

Estimated living cost  is ₽20311 per week

₽13593
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1252
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4997
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17065
-₽19445
-₽12180
-₽24244
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
642
surtax
-
-
-
189
unemployment
-
-
-
5 875
chamber of commerce
-
-
-
155
health
-
-
-
2 945
pensions
-
-
-
7 122
total
-
-
-
16 928
Employee
47 870
38 173
38 173
-
other
478
382
293
-
unemployment
1 436
1 145
878
-
pensions
4 902
3 908
2 994
-
income
5 450
2 816
3 236
-
health
1 852
1 478
1 132
-
total
14 118
9 729
8 533
-
Employer
47 870
38 173
38 173
-
chamber of commerce
191
153
153
-
health
1 809
1 443
1 105
-
pensions
6 008
4 792
3 670
-
accident
622
496
380
-
unemployment
1 436
1 145
878
-
surtax
189
189
189
-
payroll
1 436
1 145
1 145
-
other
2 274
1 812
1 738
-
total
13 965
11 175
9 258
-
Corporate
3 635
3 635
25 607
-
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.

909
909
6 402
-
total
909
909
6 402
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
28 992
21 813
24 193
16 928
After tax
9 508
16 687
14 307
21 572
Living cost
33 752
33 752
33 752
33 752
Free-cash
-24 244
-17 065
-19 445
-12 180

Estimated living cost  is ₽33752 per week

₽22511
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2879
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.
₽7807
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13125
-₽17309
-₽12095
-₽49963
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
2 136
social contributions
-
-
-
2 912
national
-
-
-
10 622
total
-
-
-
15 670
Employee

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

68 517
-
29 818
-
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.

596
-
260
-
communal

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

3 574
-
1 556
-
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.

5 139
-
2 236
-
national
21 065
-
6 756
-
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.

3 219
-
1 401
-
total
33 593
-
12 209
-
Employer

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

68 517
-
29 818
-
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.

4 214
-
1 832
-
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.

6 071
-
2 641
-
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.

891
-
387
-
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.

1 000
-
434
-
surtax
7 769
-
3 381
-
total
19 945
-
8 675
-
Corporate
-
38 500
-
-
income
-
7 700
-
-
surtax
-
155
-
-
total
-
7 855
-
-
Dividends
-
30 646
-
-
withholding

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

-
8 845
-
-
total
-
8 845
-
-
Income
38 500
38 500
38 500
38 500
Total tax
53 538
16 700
20 884
15 670
After tax
-15 038
21 800
17 616
22 830
Living cost
34 925
34 925
34 925
34 925
Free-cash
-49 963
-13 125
-17 309
-12 095

Estimated living cost  is ₽34925 per week

₽22496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3054
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8829
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8523
-₽13497
-₽12979
-₽24379
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 336
other
-
-
-
38
unemployment
-
-
-
269
pensions
-
-
-
10 896
total
-
-
-
16 886
Employee
47 681
-
28 302
-
other
47
-
33
-
unemployment
740
-
496
-
pensions
2 241
-
1 503
-
income
10 060
-
5 174
-
total
13 088
-
7 206
-
Employer
47 681
-
28 302
-
pensions
11 252
-
7 549
-
accident
943
-
633
-
unemployment
2 623
-
1 760
-
other
380
-
256
-
total
15 198
-
10 198
-
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.

-
5 775
-
-
total
-
5 775
-
-
Dividends
-
32 725
-
-
withholding
-
6 655
-
-
total
-
6 655
-
-
Income
38 500
38 500
38 500
38 500
Total tax
28 286
12 430
17 404
16 886
After tax
10 214
26 070
21 096
21 614
Living cost
34 593
34 593
34 593
34 593
Free-cash
-24 379
-8 523
-13 497
-12 979

Estimated living cost  is ₽34593 per week

₽25474
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2454
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6166
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27832
-₽27181
-₽27179
-₽42705
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
411
income
-
-
-
587
surtax
-
-
-
1 916
health
-
-
-
3 417
pensions
-
-
-
7 293
total
-
-
-
13 624
Employee
72 539
-
33 052
-
pensions
5 802
-
3 646
-
surtax
4 446
-
1 916
-
income
7 007
-
587
-
health
3 228
-
2 029
-
total
20 483
-
8 178
-
Employer
72 539
-
33 052
-
health
2 212
-
1 391
-
pensions
5 802
-
3 646
-
accident
653
-
411
-
total
8 667
-
5 448
-
Corporate
-
38 500
-
-
communal
-
2 599
-
-
income
-
5 775
-
-
surtax
-
404
-
-
total
-
8 778
-
-
Dividends
-
29 722
-
-
income
-
1 040
-
-
withholding
-
4 459
-
-
total
-
5 499
-
-
Income
38 500
38 500
38 500
38 500
Total tax
29 150
14 277
13 626
13 624
After tax
9 350
24 223
24 874
24 876
Living cost
52 055
52 055
52 055
52 055
Free-cash
-42 705
-27 832
-27 181
-27 179

Estimated living cost  is ₽52055 per week

₽39049
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.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2701
-₽294
₽630
-₽549
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 570
other
-
-
-
-
surtax
-
-
-
133
unemployment
-
-
-
218
health
-
-
-
2 734
pensions
-
-
-
7 700
total
-
-
-
16 355
Employee
32 258
-
31 805
-
other
-
-
-
-
unemployment
2 245
-
2 214
-
pensions
2 152
-
2 121
-
surtax
115
-
107
-
income
5 408
-
5 331
-
health
823
-
811
-
total
10 743
-
10 584
-
Employer
32 258
-
31 805
-
health
1 467
-
1 447
-
pensions
4 301
-
4 239
-
unemployment
1 023
-
1 009
-
other
-
-
-
-
total
6 791
-
6 695
-
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
17 534
14 284
17 279
16 355
After tax
20 966
24 216
21 221
22 145
Living cost
21 515
21 515
21 515
21 515
Free-cash
-549
2 701
-294
630

Estimated living cost  is ₽21515 per week

₽12990
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1870
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5566
-₽6876
-₽4647
-₽14635
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 631
total
-
-
-
17 344
Employee
53 135
-
38 500
-
municipal
282
-
204
-
national
8 418
-
5 869
-
regional
715
-
518
-
social contributions
17 917
-
12 982
-
total
27 332
-
19 573
-
Employer
53 135
-
38 500
-
total
-
-
-
-
Corporate
-
38 500
-
-
municipal
-
1 914
-
-
nationa
-
9 240
-
-
total
-
11 154
-
-
Dividends
-
27 346
-
-
withholding
-
7 109
-
-
total
-
7 109
-
-
Income
38 500
38 500
38 500
38 500
Total tax
27 332
18 263
19 573
17 344
After tax
11 168
20 237
18 927
21 156
Living cost
25 803
25 803
25 803
25 803
Free-cash
-14 635
-5 566
-6 876
-4 647

Estimated living cost  is ₽25803 per week

₽16047
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2614
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6700
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2849
-₽9820
-₽10605
-₽19348
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 198
total
-
-
-
19 749
Employee
43 171
-
28 731
-
solidarity contribution
-
-
-
-
social contributions
2 806
-
1 868
-
income
5 180
-
3 448
-
health
5 828
-
3 879
-
total
13 814
-
9 195
-
Employer
43 171
-
28 731
-
health
3 885
-
2 586
-
social contributions
10 793
-
7 183
-
total
14 678
-
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
28 492
11 993
18 964
19 749
After tax
10 008
26 507
19 536
18 751
Living cost
29 356
29 356
29 356
29 356
Free-cash
-19 348
-2 849
-9 820
-10 605

Estimated living cost  is ₽29356 per week

₽21831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1626
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5391
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13684
-₽16153
-₽8799
-₽16331
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
642
surtax
-
-
-
-
unemployment
-
-
-
5 875
chamber of commerce
-
-
-
155
health
-
-
-
2 945
pensions
-
-
-
7 122
total
-
-
-
16 739
Employee
41 871
38 173
38 173
-
other
418
382
294
-
unemployment
1 256
1 145
882
-
pensions
4 288
3 908
3 010
-
income
3 730
2 816
3 226
-
health
1 620
1 478
1 138
-
total
11 312
9 729
8 550
-
Employer
41 871
38 173
38 173
-
chamber of commerce
167
153
153
-
health
1 583
1 443
1 111
-
pensions
5 255
4 792
3 690
-
accident
544
496
382
-
unemployment
1 256
1 145
882
-
surtax
-
-
-
-
payroll
1 256
1 145
1 145
-
other
1 989
1 812
1 738
-
total
12 050
10 986
9 101
-
Corporate
3 635
3 635
25 765
-
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.

909
909
6 442
-
total
909
909
6 442
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
24 271
21 624
24 093
16 739
After tax
14 229
16 876
14 407
21 761
Living cost
30 560
30 560
30 560
30 560
Free-cash
-16 331
-13 684
-16 153
-8 799

Estimated living cost  is ₽30560 per week

₽18332
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3121
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8562
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24351
₽18576
₽25891
₽22059
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 281
-
38 500
-
income
3 056
-
7 700
-
total
3 056
-
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%.

23 219
38 500
-
-
total
-
-
-
-
Dividends
23 219
38 500
-
-
withholding
1 161
1 925
-
-
total
1 161
1 925
-
-
Income
38 500
38 500
38 500
38 500
Total tax
4 217
1 925
7 700
385
After tax
34 283
36 575
30 800
38 115
Living cost
12 224
12 224
12 224
12 224
Free-cash
22 059
24 351
18 576
25 891

Estimated living cost  is ₽12224 per week

₽8272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽513
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽816
-₽5144
-₽3923
-₽10452
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 854
unemployment
-
-
-
58
health
-
-
-
3 788
pensions
-
-
-
7 031
total
-
-
-
16 731
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.

42 357
-
33 314
-
unemployment
60
-
47
-
pensions
6 566
-
5 164
-
income
7 304
-
5 403
-
health
2 736
-
2 152
-
total
16 666
-
12 766
-
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.

42 357
-
33 314
-
health
2 821
-
2 218
-
pensions
3 748
-
2 948
-
unemployment
25
-
20
-
total
6 594
-
5 186
-
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
23 260
11 992
17 952
16 731
After tax
15 240
26 508
20 548
21 769
Living cost
25 692
25 692
25 692
25 692
Free-cash
-10 452
816
-5 144
-3 923

Estimated living cost  is ₽25692 per week

₽17632
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18006
-₽15637
-₽14822
-₽104662
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
59 404
-
1 046
-
social contributions
4 871
-
694
-
income
13 103
-
77
-
total
17 974
-
771
-
Employer
59 404
-
1 046
-
social contributions
83 759
-
11 937
-
total
83 759
-
11 937
-
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
101 733
15 077
12 708
11 893
After tax
-63 233
23 423
25 792
26 607
Living cost
41 429
41 429
41 429
41 429
Free-cash
-104 662
-18 006
-15 637
-14 822

Estimated living cost  is ₽41429 per week

₽26881
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3896
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10124
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8146
-₽8083
-₽7393
-₽16018
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 469
surtax
-
-
-
-
social contributions

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

-
-
-
13 379
total
-
-
-
15 848
Employee
44 055
-
31 111
-
surtax
-
-
-
-
social contributions
4 846
-
3 423
-
income
9 164
-
5 726
-
total
14 010
-
9 149
-
Employer
44 055
-
31 111
-
social contributions
10 463
-
7 389
-
total
10 463
-
7 389
-
Corporate
-
38 500
-
-
income
-
8 085
-
-
surtax
-
-
-
-
total
-
8 085
-
-
Dividends
-
30 415
-
-
withholding
-
8 516
-
-
total
-
8 516
-
-
Income
38 500
38 500
38 500
38 500
Total tax
24 473
16 601
16 538
15 848
After tax
14 027
21 899
21 962
22 652
Living cost
30 045
30 045
30 045
30 045
Free-cash
-16 018
-8 146
-8 083
-7 393

Estimated living cost  is ₽30045 per week

₽22480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1772
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5291
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26859
-₽22093
-₽22818
-₽40231
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
898
other
-
-
-
1 194
surtax
-
-
-
-
social contributions
-
-
-
1 096
health
-
-
-
334
pensions
-
-
-
11 532
total
-
-
-
15 054
Employee
59 993
-
29 337
-
pensions
6 786
-
3 319
-
surtax
-
-
-
-
social contributions
1 709
-
836
-
income
5 235
-
1 011
-
total
13 730
-
5 166
-
Employer
59 993
-
29 337
-
health
4 199
-
2 054
-
pensions
9 858
-
4 821
-
unemployment
2 430
-
1 189
-
social contributions
180
-
87
-
other
2 070
-
1 012
-
total
18 737
-
9 163
-
Corporate
-
38 500
-
-
income
-
10 779
-
-
surtax
-
-
-
-
total
-
10 779
-
-
Dividends
-
27 721
-
-
surtax
-
-
-
-
social contributions
-
4 768
-
-
withholding
-
3 548
-
-
total
-
8 316
-
-
Income
38 500
38 500
38 500
38 500
Total tax
32 467
19 095
14 329
15 054
After tax
6 033
19 405
24 171
23 446
Living cost
46 264
46 264
46 264
46 264
Free-cash
-40 231
-26 859
-22 093
-22 818

Estimated living cost  is ₽46264 per week

₽31311
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3785
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽634
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10534
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5857
₽2372
₽1236
₽2640
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 471
total
-
-
-
8 471
Employee
30 795
-
33 332
-
income
-
-
-
-
social contributions
2 001
-
2 167
-
total
2 001
-
2 167
-
Employer
30 795
-
33 332
-
social contributions
4 773
-
5 168
-
total
4 773
-
5 168
-
Corporate
2 932
38 500
-
-
income
293
3 850
-
-
total
293
3 850
-
-
Dividends
2 639
34 650
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
7 067
3 850
7 335
8 471
After tax
31 433
34 650
31 165
30 029
Living cost
28 793
28 793
28 793
28 793
Free-cash
2 640
5 857
2 372
1 236

Estimated living cost  is ₽28793 per week

₽18617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽169869
-₽169869
-₽20010
-₽169869
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 014
municipal
-
-
-
5 397
national
-
-
-
3 212
pensions
-
-
-
829
total
-
-
-
12 452
Employee
194 401
194 401
194 401
-
municipal
41 397
41 397
41 397
-
labour market
15 530
15 530
15 530
-
pensions
276
276
276
-
national
23 750
23 750
23 750
-
total
80 953
80 953
80 953
-
Employer
194 401
194 401
194 401
-
national
23 791
23 791
23 791
-
labour market
15 552
15 552
15 552
-
pensions
553
553
553
-
municipal
41 462
41 462
41 462
-
total
81 358
81 358
81 358
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
162 311
162 311
162 311
12 452
After tax
-123 811
-123 811
-123 811
26 048
Living cost
46 058
46 058
46 058
46 058
Free-cash
-169 869
-169 869
-169 869
-20 010

Estimated living cost  is ₽46058 per week

₽31523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽708
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17941
-₽729
₽5041
-₽1381
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
245
income
-
-
-
5 632
other
-
-
-
360
health
-
-
-
2 119
pensions
-
-
-
4 043
total
-
-
-
12 399
Employee
33 129
-
31 982
-
pensions
3 731
-
3 601
-
income
4 545
-
4 388
-
health
3 793
-
3 662
-
total
12 069
-
11 651
-
Employer
33 129
-
31 982
-
pensions
5 387
-
5 200
-
accident
553
-
534
-
unemployment
812
-
784
-
total
6 752
-
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
18 821
35 381
18 169
12 399
After tax
19 679
3 119
20 331
26 101
Living cost
21 060
21 060
21 060
21 060
Free-cash
-1 381
-17 941
-729
5 041

Estimated living cost  is ₽21060 per week

₽15329
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1201
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10132
-₽12488
-₽5741
-₽21403
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
193
municipal
-
-
-
6 895
national
-
-
-
378
total
-
-
-
7 466
Employee
50 396
-
32 389
-
municipal
8 254
-
5 331
-
unemployment
756
-
485
-
pensions
3 401
-
2 187
-
national
833
-
-
-
health
376
-
98
-
total
13 620
-
8 101
-
Employer
50 396
-
32 389
-
health
387
-
249
-
pensions
8 743
-
5 619
-
accident
51
-
33
-
unemployment
327
-
211
-
total
9 508
-
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
23 128
11 857
14 213
7 466
After tax
15 372
26 643
24 287
31 034
Living cost
36 775
36 775
36 775
36 775
Free-cash
-21 403
-10 132
-12 488
-5 741

Estimated living cost  is ₽36775 per week

₽24021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3537
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8632
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5336
₽1302
₽9335
₽1120
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 006
health
-
-
-
982
total
-
-
-
6 988
Employee
73 656
73 656
73 656
-
social contributions
2 785
6 113
2 901
-
income
8 020
6 818
7 978
-
health
571
1 252
594
-
total
11 376
14 183
11 473
-
Employer
73 656
73 656
73 656
-
health
620
1 363
647
-
social contributions
2 785
6 113
2 901
-
total
3 405
7 476
3 548
-
Corporate
1 543
-
-
-
income
193
-
-
-
total
193
-
-
-
Dividends
1 350
-
-
-
withholding
229
-
-
-
total
229
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
15 203
21 659
15 021
6 988
After tax
23 297
16 841
23 479
31 512
Living cost
22 177
22 177
22 177
22 177
Free-cash
1 120
-5 336
1 302
9 335

Estimated living cost  is ₽22177 per week

₽13291
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2176
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16673
₽8739
₽10865
₽11801
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 841
unemployment
-
-
-
27
health
-
-
-
3 466
pensions
-
-
-
6 093
total
-
-
-
12 427
Employee

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

21 986
-
34 905
-
unemployment
109
-
175
-
pensions
3 297
-
5 235
-
income
1 503
-
2 580
-
health
1 869
-
2 967
-
total
6 778
-
10 957
-
Employer

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

21 986
-
34 905
-
health
945
-
1 501
-
pensions
1 209
-
1 920
-
unemployment
109
-
175
-
total
2 263
-
3 596
-
Corporate
14 250
38 500
-
-
income
1 283
3 465
-
-
total
1 283
3 465
-
-
Dividends
12 967
35 035
-
-
withholding
1 167
3 154
-
-
total
1 167
3 154
-
-
Income
38 500
38 500
38 500
38 500
Total tax
11 491
6 619
14 553
12 427
After tax
27 009
31 881
23 947
26 073
Living cost
15 208
15 208
15 208
15 208
Free-cash
11 801
16 673
8 739
10 865

Estimated living cost  is ₽15208 per week

₽9703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1096
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3955
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽270
-₽5244
-₽4726
-₽8210
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 336
other
-
-
-
38
unemployment
-
-
-
269
pensions
-
-
-
10 896
total
-
-
-
16 886
Employee
35 418
-
28 302
-
other
35
-
33
-
unemployment
549
-
496
-
pensions
1 665
-
1 503
-
income
6 828
-
5 174
-
total
9 077
-
7 206
-
Employer
35 418
-
28 302
-
pensions
8 358
-
7 549
-
accident
702
-
633
-
unemployment
1 949
-
1 760
-
other
284
-
256
-
total
11 293
-
10 198
-
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.

-
5 775
-
-
total
-
5 775
-
-
Dividends
-
32 725
-
-
withholding
-
6 655
-
-
total
-
6 655
-
-
Income
38 500
38 500
38 500
38 500
Total tax
20 370
12 430
17 404
16 886
After tax
18 130
26 070
21 096
21 614
Living cost
26 340
26 340
26 340
26 340
Free-cash
-8 210
-270
-5 244
-4 726

Estimated living cost  is ₽26340 per week

₽17779
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2532
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22162
₽21937
₽22070
₽21856
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 226
health
-
-
-
984
pensions
-
-
-
1 358
total
-
-
-
14 568
Employee
2 835
-
36 972
-
unemployment
28
-
68
-
pensions
255
-
611
-
income
549
-
12 155
-
health
142
-
339
-
total
974
-
13 173
-
Employer
2 835
-
36 972
-
health
269
-
645
-
pensions
312
-
747
-
unemployment
57
-
136
-
total
638
-
1 528
-
Corporate
35 027
38 500
-
-
income
7 706
8 470
-
-
total
7 706
8 470
-
-
Dividends
27 321
30 030
-
-
withholding
5 464
6 006
-
-
total
5 464
6 006
-
-
Income
38 500
38 500
38 500
38 500
Total tax
14 782
14 476
14 701
14 568
After tax
23 718
24 024
23 799
23 932
Living cost
1 862
1 862
1 862
1 862
Free-cash
21 856
22 162
21 937
22 070

Estimated living cost  is ₽1862 per week

₽1106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽562
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11283
₽4639
₽2983
₽6579
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 431
unemployment
-
-
-
577
health
-
-
-
3 966
pensions
-
-
-
10 010
total
-
-
-
18 984
Employee

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

24 931
-
32 655
-
unemployment
187
-
245
-
pensions
3 490
-
4 572
-
income
3 437
-
4 983
-
health
1 284
-
1 682
-
total
8 398
-
11 482
-
Employer

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

24 931
-
32 655
-
health
1 284
-
1 682
-
pensions
2 992
-
3 919
-
unemployment
187
-
245
-
total
4 463
-
5 846
-
Corporate
9 106
38 500
-
-
income
1 366
5 775
-
-
total
1 366
5 775
-
-
Dividends
7 740
32 725
-
-
withholding
1 161
4 909
-
-
total
1 161
4 909
-
-
Income
38 500
38 500
38 500
38 500
Total tax
15 388
10 684
17 328
18 984
After tax
23 112
27 816
21 172
19 516
Living cost
16 533
16 533
16 533
16 533
Free-cash
6 579
11 283
4 639
2 983

Estimated living cost  is ₽16533 per week

₽11132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3644
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3925
-₽3862
-₽3172
-₽7507
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 469
surtax
-
-
-
-
social contributions

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

-
-
-
13 379
total
-
-
-
15 848
Employee
37 177
-
31 111
-
surtax
-
-
-
-
social contributions
4 090
-
3 423
-
income
7 264
-
5 726
-
total
11 354
-
9 149
-
Employer
37 177
-
31 111
-
social contributions
8 829
-
7 389
-
total
8 829
-
7 389
-
Corporate
-
38 500
-
-
income
-
8 085
-
-
surtax
-
-
-
-
total
-
8 085
-
-
Dividends
-
30 415
-
-
withholding
-
8 516
-
-
total
-
8 516
-
-
Income
38 500
38 500
38 500
38 500
Total tax
20 183
16 601
16 538
15 848
After tax
18 317
21 899
21 962
22 652
Living cost
25 824
25 824
25 824
25 824
Free-cash
-7 507
-3 925
-3 862
-3 172

Estimated living cost  is ₽25824 per week

₽18290
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1794
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.
₽5282
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7594
-₽12568
-₽12050
-₽22510
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 336
other
-
-
-
38
unemployment
-
-
-
269
pensions
-
-
-
10 896
total
-
-
-
16 886
Employee
46 261
-
28 302
-
other
45
-
33
-
unemployment
716
-
496
-
pensions
2 174
-
1 503
-
income
9 662
-
5 174
-
total
12 597
-
7 206
-
Employer
46 261
-
28 302
-
pensions
10 917
-
7 549
-
accident
916
-
633
-
unemployment
2 545
-
1 760
-
other
371
-
256
-
total
14 749
-
10 198
-
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.

-
5 775
-
-
total
-
5 775
-
-
Dividends
-
32 725
-
-
withholding
-
6 655
-
-
total
-
6 655
-
-
Income
38 500
38 500
38 500
38 500
Total tax
27 346
12 430
17 404
16 886
After tax
11 154
26 070
21 096
21 614
Living cost
33 664
33 664
33 664
33 664
Free-cash
-22 510
-7 594
-12 568
-12 050

Estimated living cost  is ₽33664 per week

₽24176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2618
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6397
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16431
₽7818
₽7299
₽10589
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
134
health
-
-
-
3 850
pensions

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

-
-
-
4 955
total
-
-
-
14 714
Employee
21 831
-
32 185
-
accident

We are using the highest rate at 1.1%.

240
-
354
-
pensions

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

1 917
-
2 826
-
income
2 183
-
3 219
-
health
1 004
-
1 481
-
total
5 344
-
7 880
-
Employer
21 831
-
32 185
-
health
1 507
-
2 221
-
pensions

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

2 406
-
3 547
-
accident

We are using the highest rate at 1.1%.

240
-
354
-
unemployment
131
-
193
-
total
4 284
-
6 315
-
Corporate
12 385
38 500
-
-
income
1 239
3 850
-
-
total
1 239
3 850
-
-
Dividends
11 147
34 650
-
-
withholding
557
1 732
-
-
total
557
1 732
-
-
Income
38 500
38 500
38 500
38 500
Total tax
11 424
5 582
14 195
14 714
After tax
27 076
32 918
24 305
23 786
Living cost
16 487
16 487
16 487
16 487
Free-cash
10 589
16 431
7 818
7 299

Estimated living cost  is ₽16487 per week

₽10904
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽944
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16953
-₽6599
-₽6599
-₽9160
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
1 492
surtax

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

-
-
-
82
health

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

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

-
-
-
6 544
trade
-
-
-
-
total
-
-
-
8 118
Employee

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

47 660
-
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.

216
-
82
-
income

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

3 919
-
1 492
-
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.

6 544
-
6 544
-
total
10 679
-
8 118
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
38 500
-
-
income
-
5 775
-
-
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.

-
318
-
-
chamber of commerce
-
202
-
-
trade
-
5 524
-
-
total
-
11 819
-
-
Dividends
-
26 681
-
-
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.

-
347
-
-
withholding
-
6 306
-
-
total
-
6 653
-
-
Income
38 500
38 500
38 500
38 500
Total tax
10 679
18 472
8 118
8 118
After tax
27 821
20 028
30 382
30 382
Living cost
36 981
36 981
36 981
36 981
Free-cash
-9 160
-16 953
-6 599
-6 599

Estimated living cost  is ₽36981 per week

₽25510
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3979
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.
₽6955
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27615
-₽22983
-₽22983
-₽36428
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 701
social contributions
-
-
-
2 217
total
-
-
-
6 918
Employee
74 927
-
38 500
-
income
14 138
-
4 701
-
social contributions
6 225
-
2 217
-
total
20 363
-
6 918
-
Employer
74 927
-
38 500
-
total
-
-
-
-
Corporate
-
38 500
-
-
income
-
4 813
-
-
total
-
4 813
-
-
Dividends
-
33 687
-
-
withholding
-
6 737
-
-
total
-
6 737
-
-
Income
38 500
38 500
38 500
38 500
Total tax
20 363
11 550
6 918
6 918
After tax
18 137
26 950
31 582
31 582
Living cost
54 565
54 565
54 565
54 565
Free-cash
-36 428
-27 615
-22 983
-22 983

Estimated living cost  is ₽54565 per week

₽41512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4446
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8085
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13500
-₽6039
-₽29401
-₽12704
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 266
health

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

-
-
-
5 864
total
-
-
-
33 130
Employee
43 942
-
34 994
-
income
4 768
-
2 756
-
social contributions
4 403
-
3 506
-
total
9 171
-
6 262
-
Employer
43 942
-
34 994
-
social contributions
4 403
-
3 506
-
total
4 403
-
3 506
-
Corporate
-
38 500
-
-
income
-
13 475
-
-
total
-
13 475
-
-
Dividends
-
25 025
-
-
social contributions
2 859
3 754
-
-
total
2 859
3 754
-
-
Income
38 500
38 500
38 500
38 500
Total tax
16 433
17 229
9 768
33 130
After tax
22 067
21 271
28 732
5 370
Living cost
34 771
34 771
34 771
34 771
Free-cash
-12 704
-13 500
-6 039
-29 401

Estimated living cost  is ₽34771 per week

₽22904
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8592
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6457
-₽9376
-₽6005
-₽15776
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 324
pensions
-
-
-
1 878
total
-
-
-
9 202
Employee
48 458
-
34 824
-
pensions
3 699
-
2 064
-
income
8 825
-
6 482
-
health
632
-
352
-
total
13 156
-
8 898
-
Employer
48 458
-
34 824
-
health
921
-
661
-
pensions
4 896
-
3 014
-
total
5 817
-
3 675
-
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.

-
7 316
-
-
total
-
7 316
-
-
Dividends
-
31 184
-
-
withholding
-
2 338
-
-
total
-
2 338
-
-
Income
38 500
38 500
38 500
38 500
Total tax
18 973
9 654
12 573
9 202
After tax
19 527
28 846
25 927
29 298
Living cost
35 303
35 303
35 303
35 303
Free-cash
-15 776
-6 457
-9 376
-6 005

Estimated living cost  is ₽35303 per week

₽24218
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3246
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7395
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
-₽20026
-₽2814
₽2956
-₽5329
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
245
income
-
-
-
5 632
other
-
-
-
360
health
-
-
-
2 119
pensions
-
-
-
4 043
total
-
-
-
12 399
Employee
36 408
-
31 982
-
pensions
4 100
-
3 601
-
income
4 995
-
4 388
-
health
4 169
-
3 662
-
total
13 264
-
11 651
-
Employer
36 408
-
31 982
-
pensions
5 920
-
5 200
-
accident
608
-
534
-
unemployment
892
-
784
-
total
7 420
-
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
20 684
35 381
18 169
12 399
After tax
17 816
3 119
20 331
26 101
Living cost
23 145
23 145
23 145
23 145
Free-cash
-5 329
-20 026
-2 814
2 956

Estimated living cost  is ₽23145 per week

₽16986
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1349
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19806
₽10612
₽10612
₽15156
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 382
unemployment
-
-
-
462
work injury
-
-
-
192
health insurance
-
-
-
2 849
pensions
-
-
-
7 084
total
-
-
-
14 969
Employee

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

20 670
-
38 500
-
health insurance
1 530
-
2 849
-
unemployment
248
-
462
-
work injury
103
-
192
-
pensions
3 803
-
7 084
-
income
2 067
-
4 382
-
total
7 751
-
14 969
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
17 830
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
17 830
38 500
-
-
withholding
2 674
5 775
-
-
total
2 674
5 775
-
-
Income
38 500
38 500
38 500
38 500
Total tax
10 425
5 775
14 969
14 969
After tax
28 075
32 725
23 531
23 531
Living cost
12 919
12 919
12 919
12 919
Free-cash
15 156
19 806
10 612
10 612

Estimated living cost  is ₽12919 per week

₽8003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽939
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3574
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
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Source of data for Skopje model

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Rome , Italy
-₽17881
-₽19181
-₽16959
-₽42217
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
508
municipal
-
-
-
258
national
-
-
-
6 631
total
-
-
-
17 300
Employee
80 716
-
38 500
-
municipal
482
-
229
-
national
13 640
-
5 869
-
regional
1 219
-
442
-
social contributions
27 217
-
12 982
-
total
42 558
-
19 522
-
Employer
80 716
-
38 500
-
total
-
-
-
-
Corporate
-
38 500
-
-
municipal
-
1 856
-
-
nationa
-
9 240
-
-
total
-
11 096
-
-
Dividends
-
27 404
-
-
withholding
-
7 126
-
-
total
-
7 126
-
-
Income
38 500
38 500
38 500
38 500
Total tax
42 558
18 222
19 522
17 300
After tax
-4 058
20 278
18 978
21 200
Living cost
38 159
38 159
38 159
38 159
Free-cash
-42 217
-17 881
-19 181
-16 959

Estimated living cost  is ₽38159 per week

₽26804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽8153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
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Source of data for Rome model

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