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
-₽10377
₽256
₽438
₽438
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
1 207
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.

-
-
-
6 771
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.

-
-
-
66
total
-
-
-
8 044
Employee

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

37 906
-
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.

1 059
-
1 207
-
surtax

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

58
-
66
-
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.

6 771
-
6 771
-
total
7 888
-
8 044
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
594
38 500
-
-
income
88
5 776
-
-
surtax

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

6
318
-
-
trade
94
6 063
-
-
chamber of commerce
150
205
-
-
total
338
12 362
-
-
Dividends
255
26 138
-
-
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.

-
339
-
-
withholding
-
6 158
-
-
total
-
6 497
-
-
Income
38 500
38 500
38 500
38 500
Total tax
8 226
18 859
8 044
8 044
After tax
30 274
19 641
30 456
30 456
Living cost
30 018
30 018
30 018
30 018
Free-cash
256
-10 377
438
438

Estimated living cost  is ₽30018 per week

₽18883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3500
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.
₽7075
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽29729
-₽52389
-₽28362
-₽28061
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
3 167
national
-
-
-
4 908
pensions
-
-
-
4 620
social contributions
-
-
-
414
total
-
-
-
13 109
Employee
83 327
-
33 283
-
national
15 949
-
5 139
-
pensions
3 333
-
1 331
-
municipal
10 292
-
3 317
-
total
29 574
-
9 787
-
Employer
83 327
-
33 283
-
social contributions
896
-
358
-
pensions
6 666
-
2 663
-
total
7 562
-
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
37 136
14 476
12 808
13 109
After tax
1 364
24 024
25 692
25 391
Living cost
53 753
53 753
53 753
53 753
Free-cash
-52 389
-29 729
-28 061
-28 362

Estimated living cost  is ₽53753 per week

₽36535
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽805
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11416
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽10182
₽2052
₽8986
₽1472
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
5 776
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.

-
-
-
3 120
total
-
-
-
8 896
Employee
28 959
-
31 026
-
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.

3 186
-
3 414
-
income
5 155
-
5 522
-
surtax
-
-
-
-
total
8 341
-
8 936
-
Employer
28 959
-
31 026
-
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.

6 976
-
7 474
-
surtax
-
-
-
-
total
6 976
-
7 474
-
Corporate
2 565
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%.

513
7 700
-
-
total
513
7 700
-
-
Dividends

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

2 052
30 800
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
15 830
7 700
16 410
8 896
After tax
22 670
30 800
22 090
29 604
Living cost
20 618
20 618
20 618
20 618
Free-cash
2 052
10 182
1 472
8 986

Estimated living cost  is ₽20618 per week

₽13154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1963
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5033
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽54351
-₽59914
-₽19322
-₽59914
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 467
health
-
-
-
5 909
pensions
-
-
-
6 929
total
-
-
-
16 305
Employee
84 633
84 633
84 633
-
pensions
15 234
11 612
15 234
-
income

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

13 853
13 853
13 853
-
health
12 990
11 049
12 990
-
total
42 077
36 514
42 077
-
Employer
84 633
84 633
84 633
-
health
5 883
5 883
5 883
-
pensions
5 890
5 890
5 890
-
unemployment
3 047
3 047
3 047
-
total
14 820
14 820
14 820
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
56 897
51 334
56 897
16 305
After tax
-18 397
-12 834
-18 397
22 195
Living cost
41 517
41 517
41 517
41 517
Free-cash
-59 914
-54 351
-59 914
-19 322

Estimated living cost  is ₽41517 per week

₽29422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3743
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽660
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7692
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽18604
-₽35702
-₽20433
-₽19066
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
8 155
national
-
-
-
-
unemployment
-
-
-
38
accident
-
-
-
77
health
-
-
-
2 402
pensions
-
-
-
4 162
other
-
-
-
4 474
total
-
-
-
19 308
Employee
56 462
-
29 295
-
national
-
-
-
-
municipal
16 837
-
8 736
-
total
16 837
-
8 736
-
Employer
56 462
-
29 295
-
health
3 472
-
1 802
-
pensions
6 103
-
3 167
-
accident
113
-
59
-
other
6 561
-
3 404
-
unemployment
1 491
-
773
-
total
17 740
-
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
34 577
17 479
17 941
19 308
After tax
3 923
21 021
20 559
19 192
Living cost
39 625
39 625
39 625
39 625
Free-cash
-35 702
-18 604
-19 066
-20 433

Estimated living cost  is ₽39625 per week

₽26262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽602
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8873
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽19489
-₽11759
-₽8477
-₽8477
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
1 207
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.

-
-
-
6 771
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.

-
-
-
66
total
-
-
-
8 044
Employee

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

50 259
-
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.

4 318
-
1 207
-
surtax

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

237
-
66
-
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.

6 771
-
6 771
-
total
11 326
-
8 044
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
38 500
-
-
income
-
5 776
-
-
surtax

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

-
318
-
-
trade
-
6 332
-
-
chamber of commerce
-
205
-
-
total
-
12 631
-
-
Dividends
-
25 869
-
-
surtax

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

-
335
-
-
withholding
-
6 090
-
-
total
-
6 425
-
-
Income
38 500
38 500
38 500
38 500
Total tax
11 326
19 056
8 044
8 044
After tax
27 174
19 444
30 456
30 456
Living cost
38 933
38 933
38 933
38 933
Free-cash
-11 759
-19 489
-8 477
-8 477

Estimated living cost  is ₽38933 per week

₽26039
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4106
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8208
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽16057
-₽10638
-₽632
-₽8978
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
health
-
-
-
982
social contributions
-
-
-
6 005
total
-
-
-
6 987
Employee
76 208
76 208
76 208
-
social contributions
3 703
6 325
2 900
-
income
8 003
7 055
8 292
-
health
758
1 296
594
-
total
12 464
14 676
11 786
-
Employer
76 208
76 208
76 208
-
social contributions
3 703
6 325
2 900
-
health
826
1 411
647
-
total
4 529
7 736
3 547
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
16 993
22 412
15 333
6 987
After tax
21 507
16 088
23 167
31 513
Living cost
32 145
32 145
32 145
32 145
Free-cash
-10 638
-16 057
-8 978
-632

Estimated living cost  is ₽32145 per week

₽21974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2511
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7120
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽2463
₽2867
₽7190
₽2838
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
577
income
-
-
-
4 707
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.

28 121
11 192
32 218
-
pensions
2 812
1 119
3 222
-
unemployment
422
168
483
-
income
3 438
1 368
3 939
-
health
1 968
783
2 255
-
total
8 640
3 438
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.

28 121
11 192
32 218
-
pensions
5 484
2 182
6 282
-
total
5 484
2 182
6 282
-
Corporate
4 895
25 126
-
-
income
441
2 261
-
-
total
441
2 261
-
-
Dividends
4 455
22 864
-
-
social contributions
741
4 331
-
-
withholding
846
4 344
-
-
total
1 587
8 675
-
-
Income
38 500
38 500
38 500
38 500
Total tax
16 152
16 556
16 181
11 829
After tax
22 348
21 944
22 319
26 671
Living cost
19 481
19 481
19 481
19 481
Free-cash
2 867
2 463
2 838
7 190

Estimated living cost  is ₽19481 per week

₽13294
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽6862
₽706
-₽1045
₽435
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 902
health
-
-
-
5 005
pensions
-
-
-
7 700
total
-
-
-
15 607
Employee
28 115
-
28 775
-
pensions
562
-
576
-
unemployment
449
-
461
-
income
3 165
-
3 365
-
total
4 176
-
4 402
-
Employer
28 115
-
28 775
-
health
3 654
-
3 741
-
pensions
5 623
-
5 755
-
unemployment
226
-
229
-
total
9 503
-
9 725
-
Corporate
882
38 500
-
-
income
177
7 700
-
-
total
177
7 700
-
-
Dividends
705
30 800
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
13 856
7 700
14 127
15 607
After tax
24 644
30 800
24 373
22 893
Living cost
23 938
23 938
23 938
23 938
Free-cash
706
6 862
435
-1 045

Estimated living cost  is ₽23938 per week

₽16419
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1426
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5612
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽18589
-₽2608
₽4305
-₽1377
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
249
income
-
-
-
5 614
health
-
-
-
2 152
pensions
-
-
-
4 106
other
-
-
-
366
total
-
-
-
12 487
Employee
34 148
-
31 982
-
pensions
3 845
-
3 601
-
income
4 685
-
4 387
-
health
3 910
-
3 662
-
total
12 440
-
11 650
-
Employer
34 148
-
31 982
-
pensions
5 553
-
5 201
-
accident
570
-
534
-
unemployment
837
-
784
-
total
6 960
-
6 519
-
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
19 400
35 381
18 169
12 487
After tax
19 100
3 119
20 331
26 013
Living cost
21 708
21 708
21 708
21 708
Free-cash
-2 608
-18 589
-1 377
4 305

Estimated living cost  is ₽21708 per week

₽15910
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1203
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.
₽4143
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽27979
₽26368
₽29519
₽22204
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
38 500
microenterprise

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

-
-
-
385
total
-
-
-
385
Employee
10 745
-
38 500
-
income
2 149
-
7 700
-
total
2 149
-
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%.

27 755
38 500
-
-
total
-
-
-
-
Dividends
27 755
38 500
-
-
withholding
1 387
1 925
-
-
total
1 387
1 925
-
-
Income
38 500
38 500
38 500
38 500
Total tax
3 536
1 925
7 700
385
After tax
34 964
36 575
30 800
38 115
Living cost
8 596
8 596
8 596
8 596
Free-cash
26 368
27 979
22 204
29 519

Estimated living cost  is ₽8596 per week

₽5327
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽715
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽236
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2318
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽1878
-₽6553
-₽5561
-₽3839
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
1 695
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
other
-
-
-
1 828
total
-
-
-
17 653
Employee
35 984
-
30 748
-
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.

2 518
-
2 152
-
unemployment
359
-
307
-
income
6 195
-
5 292
-
health
504
-
431
-
total
9 576
-
8 182
-
Employer
35 984
-
30 748
-
health
504
-
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.

6 118
-
5 227
-
accident
288
-
246
-
other
1 800
-
1 538
-
unemployment
359
-
307
-
total
9 069
-
7 749
-
Corporate
-
38 500
-
-
income
-
8 085
-
-
total
-
8 085
-
-
Dividends
-
30 415
-
-
withholding
-
2 129
-
-
total
-
2 129
-
-
Income
38 500
38 500
38 500
38 500
Total tax
18 645
10 214
15 931
17 653
After tax
19 855
28 286
22 569
20 847
Living cost
26 408
26 408
26 408
26 408
Free-cash
-6 553
1 878
-3 839
-5 561

Estimated living cost  is ₽26408 per week

₽18659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5541
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽37782
-₽68688
-₽37268
-₽40554
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 339
pensions
-
-
-
1 801
total
-
-
-
9 140
Employee
94 269
-
34 900
-
pensions
9 094
-
1 970
-
income
16 993
-
6 519
-
health
1 553
-
336
-
total
27 640
-
8 825
-
Employer
94 269
-
34 900
-
health
1 790
-
663
-
pensions
11 130
-
2 938
-
total
12 920
-
3 601
-
Corporate
-
38 500
-
-
income

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

-
7 315
-
-
total
-
7 315
-
-
Dividends
-
31 185
-
-
withholding
-
2 339
-
-
total
-
2 339
-
-
Income
38 500
38 500
38 500
38 500
Total tax
40 560
9 654
12 426
9 140
After tax
-2 060
28 846
26 074
29 360
Living cost
66 628
66 628
66 628
66 628
Free-cash
-68 688
-37 782
-40 554
-37 268

Estimated living cost  is ₽66628 per week

₽49926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7828
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.
₽8333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽19896
₽15282
₽10442
₽11286
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
139
income
-
-
-
5 775
health
-
-
-
3 989
pensions

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

-
-
-
5 134
total
-
-
-
15 037
Employee
17 242
-
32 186
-
pensions

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

1 514
-
2 826
-
income
1 724
-
3 218
-
health
793
-
1 481
-
accident

We are using the highest rate at 1.1%.

190
-
354
-
total
4 221
-
7 879
-
Employer
17 242
-
32 186
-
health
1 190
-
2 220
-
pensions

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

1 900
-
3 547
-
accident

We are using the highest rate at 1.1%.

190
-
354
-
unemployment
103
-
193
-
total
3 383
-
6 314
-
Corporate
17 875
38 500
-
-
income
1 788
3 850
-
-
total
1 788
3 850
-
-
Dividends
16 088
34 650
-
-
withholding
805
1 733
-
-
total
805
1 733
-
-
Income
38 500
38 500
38 500
38 500
Total tax
10 197
5 583
14 193
15 037
After tax
28 303
32 917
24 307
23 463
Living cost
13 021
13 021
13 021
13 021
Free-cash
15 282
19 896
11 286
10 442

Estimated living cost  is ₽13021 per week

₽7602
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽930
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽345
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽67790
-₽69471
-₽32761
-₽73353
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 467
health
-
-
-
5 909
pensions
-
-
-
6 929
total
-
-
-
16 305
Employee
91 884
84 633
84 633
-
pensions
11 612
11 612
15 234
-
income

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

13 853
13 853
13 853
-
health
11 463
11 049
12 990
-
total
36 928
36 514
42 077
-
Employer
91 884
84 633
84 633
-
health
6 385
5 883
5 883
-
pensions
6 394
5 890
5 890
-
unemployment
3 308
3 047
3 047
-
total
16 087
14 820
14 820
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
53 015
51 334
56 897
16 305
After tax
-14 515
-12 834
-18 397
22 195
Living cost
54 956
54 956
54 956
54 956
Free-cash
-69 471
-67 790
-73 353
-32 761

Estimated living cost  is ₽54956 per week

₽40539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4909
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽1797
-₽10194
-₽5959
-₽5174
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
-
income
-
-
-
3 309
health
-
-
-
5 198
social contributions
-
-
-
11 242
total
-
-
-
19 749
Employee
36 339
-
28 731
-
social contributions
2 362
-
1 868
-
income
4 361
-
3 448
-
solidarity contribution
-
-
-
-
health
4 906
-
3 879
-
total
11 629
-
9 195
-
Employer
36 339
-
28 731
-
social contributions
9 085
-
7 183
-
health
3 270
-
2 586
-
total
12 355
-
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
23 984
11 993
18 964
19 749
After tax
14 516
26 507
19 536
18 751
Living cost
24 710
24 710
24 710
24 710
Free-cash
-10 194
1 797
-5 174
-5 959

Estimated living cost  is ₽24710 per week

₽17164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽21278
-₽49578
-₽20397
-₽22691
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
229
national
-
-
-
6 594
regional
-
-
-
353
social contributions
-
-
-
9 902
total
-
-
-
17 078
Employee
88 080
-
38 500
-
national
15 262
-
5 870
-
social contributions
29 700
-
12 983
-
municipal
466
-
205
-
regional
831
-
314
-
total
46 259
-
19 372
-
Employer
88 080
-
38 500
-
total
-
-
-
-
Corporate
-
38 500
-
-
municipal
-
1 501
-
-
nationa
-
9 240
-
-
total
-
10 741
-
-
Dividends
-
27 759
-
-
withholding
-
7 218
-
-
total
-
7 218
-
-
Income
38 500
38 500
38 500
38 500
Total tax
46 259
17 959
19 372
17 078
After tax
-7 759
20 541
19 128
21 422
Living cost
41 819
41 819
41 819
41 819
Free-cash
-49 578
-21 278
-22 691
-20 397

Estimated living cost  is ₽41819 per week

₽29151
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2742
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽641
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽2349
-₽1171
₽286
-₽631
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
226
income
-
-
-
5 569
health
-
-
-
2 733
surtax
-
-
-
117
pensions
-
-
-
7 700
other
-
-
-
-
total
-
-
-
16 345
Employee
32 774
-
31 806
-
pensions
2 185
-
2 121
-
unemployment
2 281
-
2 214
-
income
5 494
-
5 332
-
other
-
-
-
-
surtax
107
-
90
-
health
837
-
812
-
total
10 904
-
10 569
-
Employer
32 774
-
31 806
-
health
1 491
-
1 446
-
pensions
4 369
-
4 239
-
other
-
-
-
-
unemployment
1 038
-
1 008
-
total
6 898
-
6 693
-
Corporate
-
38 500
-
-
income
-
10 009
-
-
total
-
10 009
-
-
Dividends
-
28 491
-
-
withholding
-
4 273
-
-
total
-
4 273
-
-
Income
38 500
38 500
38 500
38 500
Total tax
17 802
14 282
17 262
16 345
After tax
20 698
24 218
21 238
22 155
Living cost
21 869
21 869
21 869
21 869
Free-cash
-1 171
2 349
-631
286

Estimated living cost  is ₽21869 per week

₽13372
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2018
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5975
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽16673
-₽32715
-₽16159
-₽19445
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 339
pensions
-
-
-
1 801
total
-
-
-
9 140
Employee
63 176
-
34 900
-
pensions
5 362
-
1 970
-
income
11 378
-
6 519
-
health
917
-
336
-
total
17 657
-
8 825
-
Employer
63 176
-
34 900
-
health
1 200
-
663
-
pensions
6 839
-
2 938
-
total
8 039
-
3 601
-
Corporate
-
38 500
-
-
income

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

-
7 315
-
-
total
-
7 315
-
-
Dividends
-
31 185
-
-
withholding
-
2 339
-
-
total
-
2 339
-
-
Income
38 500
38 500
38 500
38 500
Total tax
25 696
9 654
12 426
9 140
After tax
12 804
28 846
26 074
29 360
Living cost
45 519
45 519
45 519
45 519
Free-cash
-32 715
-16 673
-19 445
-16 159

Estimated living cost  is ₽45519 per week

₽34102
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3412
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7528
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽59743
-₽60641
-₽44400
-₽47224
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
403
national
-
-
-
40
regional
-
-
-
544
health
-
-
-
252
pensions
-
-
-
3 542
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.

-
-
-
771
total
-
-
-
5 552
Employee
90 517
-
33 988
-
national
428
-
10
-
city
971
-
360
-
pensions
7 605
-
3 383
-
unemployment
-
-
-
-
health
205
-
75
-
regional
2 964
-
411
-
total
12 173
-
4 239
-
Employer
90 517
-
33 988
-
health
205
-
75
-
pensions
7 605
-
3 383
-
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.

1 810
-
679
-
unemployment
-
-
-
-
total
9 620
-
4 137
-
Corporate
-
38 500
-
-
national
-
3 272
-
-
regional
-
8 143
-
-
total
-
11 415
-
-
Dividends
-
27 085
-
-
withholding
-
9 480
-
-
total
-
9 480
-
-
Income
38 500
38 500
38 500
38 500
Total tax
21 793
20 895
8 376
5 552
After tax
16 707
17 605
30 124
32 948
Living cost
77 348
77 348
77 348
77 348
Free-cash
-60 641
-59 743
-47 224
-44 400

Estimated living cost  is ₽77348 per week

₽50298
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6941
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽950
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19159
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽26156
-₽21062
-₽14945
-₽14945
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
1 207
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.

-
-
-
6 771
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.

-
-
-
66
total
-
-
-
8 044
Employee

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

59 561
-
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.

7 004
-
1 207
-
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.

386
-
66
-
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.

6 771
-
6 771
-
total
14 161
-
8 044
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
38 500
-
-
income
-
5 776
-
-
surtax

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

-
318
-
-
trade
-
6 603
-
-
chamber of commerce
-
205
-
-
total
-
12 902
-
-
Dividends
-
25 598
-
-
surtax

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

-
331
-
-
withholding
-
6 022
-
-
total
-
6 353
-
-
Income
38 500
38 500
38 500
38 500
Total tax
14 161
19 255
8 044
8 044
After tax
24 339
19 245
30 456
30 456
Living cost
45 401
45 401
45 401
45 401
Free-cash
-21 062
-26 156
-14 945
-14 945

Estimated living cost  is ₽45401 per week

₽33159
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3632
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽591
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8021
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽14505
-₽17162
-₽10423
-₽9647
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
803
health
-
-
-
335
surtax
-
-
-
-
pensions
-
-
-
11 585
other
-
-
-
1 194
social contributions
-
-
-
1 098
total
-
-
-
15 015
Employee
42 416
-
29 337
-
pensions
4 796
-
3 316
-
social contributions
1 209
-
837
-
income
2 503
-
923
-
surtax
-
-
-
-
total
8 508
-
5 076
-
Employer
42 416
-
29 337
-
social contributions
128
-
88
-
health
2 970
-
2 054
-
pensions
6 968
-
4 820
-
other
1 463
-
1 012
-
unemployment
1 717
-
1 189
-
total
13 246
-
9 163
-
Corporate
-
38 500
-
-
income
-
10 780
-
-
surtax
-
-
-
-
total
-
10 780
-
-
Dividends
-
27 720
-
-
social contributions
-
4 768
-
-
surtax
-
-
-
-
withholding
-
3 549
-
-
total
-
8 317
-
-
Income
38 500
38 500
38 500
38 500
Total tax
21 754
19 097
14 239
15 015
After tax
16 746
19 403
24 261
23 485
Living cost
33 908
33 908
33 908
33 908
Free-cash
-17 162
-14 505
-9 647
-10 423

Estimated living cost  is ₽33908 per week

₽21380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽577
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽11145
-₽11186
-₽7063
-₽6287
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
803
health
-
-
-
335
surtax
-
-
-
-
pensions
-
-
-
11 585
other
-
-
-
1 194
social contributions
-
-
-
1 098
total
-
-
-
15 015
Employee
37 862
-
29 337
-
pensions
4 282
-
3 316
-
social contributions
1 080
-
837
-
income
1 952
-
923
-
surtax
-
-
-
-
total
7 314
-
5 076
-
Employer
37 862
-
29 337
-
social contributions
113
-
88
-
health
2 650
-
2 054
-
pensions
6 221
-
4 820
-
other
1 307
-
1 012
-
unemployment
1 533
-
1 189
-
total
11 824
-
9 163
-
Corporate
-
38 500
-
-
income
-
10 780
-
-
surtax
-
-
-
-
total
-
10 780
-
-
Dividends
-
27 720
-
-
social contributions
-
4 768
-
-
surtax
-
-
-
-
withholding
-
3 549
-
-
total
-
8 317
-
-
Income
38 500
38 500
38 500
38 500
Total tax
19 138
19 097
14 239
15 015
After tax
19 362
19 403
24 261
23 485
Living cost
30 548
30 548
30 548
30 548
Free-cash
-11 186
-11 145
-6 287
-7 063

Estimated living cost  is ₽30548 per week

₽17716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3103
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9150
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽2473
₽1352
₽3708
₽2753
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
income
-
-
-
5 776
health
-
-
-
2 688
social contributions
-
-
-
5 313
total
-
-
-
13 777
Employee
33 603
-
38 500
-
social contributions
4 638
-
5 313
-
income
5 605
-
6 731
-
health
2 345
-
2 688
-
total
12 588
-
14 732
-
Employer
33 603
-
38 500
-
total
-
-
-
-
Corporate
4 897
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%.

244
1 926
-
-
total
244
1 926
-
-
Dividends
4 653
36 574
-
-
social contributions
1 728
5 048
-
-
health
875
2 552
-
-
withholding
698
5 486
-
-
total
3 301
13 086
-
-
Income
38 500
38 500
38 500
38 500
Total tax
16 133
15 012
14 732
13 777
After tax
22 367
23 488
23 768
24 723
Living cost
21 015
21 015
21 015
21 015
Free-cash
1 352
2 473
2 753
3 708

Estimated living cost  is ₽21015 per week

₽14064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1296
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5170
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽18990
-₽26416
-₽13333
-₽20814
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
6 079
income
-
-
-
416
chamber of commerce
-
-
-
154
health
-
-
-
2 945
surtax
-
-
-
196
pensions
-
-
-
7 122
total
-
-
-
16 912
Employee
49 529
39 495
39 495
-
pensions
5 072
4 044
2 985
-
unemployment
1 486
1 185
875
-
income
5 638
2 913
3 419
-
other
495
395
292
-
health
1 916
1 529
1 128
-
total
14 607
10 066
8 699
-
Employer
49 529
39 495
39 495
-
chamber of commerce
197
158
158
-
health
1 871
1 493
1 102
-
payroll
1 486
1 185
1 185
-
pensions
6 216
4 958
3 660
-
surtax
196
196
196
-
accident
643
513
380
-
other
2 353
1 875
1 789
-
unemployment
1 486
1 185
875
-
total
14 448
11 563
9 345
-
Corporate
3 761
3 761
25 395
-
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.

940
940
6 349
-
total
940
940
6 349
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
29 995
22 569
24 393
16 912
After tax
8 505
15 931
14 107
21 588
Living cost
34 921
34 921
34 921
34 921
Free-cash
-26 416
-18 990
-20 814
-13 333

Estimated living cost  is ₽34921 per week

₽23291
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2979
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8078
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽14321
-₽53029
-₽13083
-₽18399
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
10 569
communal

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

-
-
-
2 146
social contributions
-
-
-
2 733
total
-
-
-
15 448
Employee

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

70 891
-
29 819
-
national
21 795
-
6 631
-
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.

5 317
-
2 236
-
communal

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

3 698
-
1 555
-
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.

617
-
260
-
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.

3 331
-
1 401
-
total
34 758
-
12 083
-
Employer

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

70 891
-
29 819
-
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.

4 360
-
1 834
-
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.

6 282
-
2 642
-
surtax
8 038
-
3 382
-
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.

922
-
389
-
unemployment

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

1 034
-
434
-
total
20 636
-
8 681
-
Corporate
-
38 500
-
-
income
-
7 700
-
-
surtax
-
154
-
-
total
-
7 854
-
-
Dividends
-
30 646
-
-
withholding

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

-
8 832
-
-
total
-
8 832
-
-
Income
38 500
38 500
38 500
38 500
Total tax
55 394
16 686
20 764
15 448
After tax
-16 894
21 814
17 736
23 052
Living cost
36 135
36 135
36 135
36 135
Free-cash
-53 029
-14 321
-18 399
-13 083

Estimated living cost  is ₽36135 per week

₽23276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
-₽9713
-₽26558
-₽14136
-₽14976
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
269
accident
-
-
-
346
income
-
-
-
5 297
pensions
-
-
-
10 895
other
-
-
-
38
total
-
-
-
16 845
Employee
49 333
-
27 949
-
pensions
2 319
-
1 555
-
unemployment
765
-
513
-
income
10 409
-
5 032
-
other
49
-
34
-
total
13 542
-
7 134
-
Employer
49 333
-
27 949
-
pensions
11 642
-
7 811
-
accident
976
-
654
-
other
393
-
265
-
unemployment
2 714
-
1 821
-
total
15 725
-
10 551
-
Corporate
-
38 500
-
-
income

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

-
5 776
-
-
total
-
5 776
-
-
Dividends
-
32 724
-
-
withholding
-
6 646
-
-
total
-
6 646
-
-
Income
38 500
38 500
38 500
38 500
Total tax
29 267
12 422
17 685
16 845
After tax
9 233
26 078
20 815
21 655
Living cost
35 791
35 791
35 791
35 791
Free-cash
-26 558
-9 713
-14 976
-14 136

Estimated living cost  is ₽35791 per week

₽26357
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2539
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6379
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽29634
-₽45517
-₽29241
-₽29244
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
425
income
-
-
-
487
communal
-
-
-
-
health
-
-
-
3 536
surtax
-
-
-
1 890
pensions
-
-
-
7 545
total
-
-
-
13 883
Employee
75 052
-
32 863
-
pensions
6 003
-
3 773
-
income
7 249
-
487
-
surtax
4 600
-
1 890
-
health
3 340
-
2 099
-
total
21 192
-
8 249
-
Employer
75 052
-
32 863
-
health
2 289
-
1 439
-
pensions
6 003
-
3 773
-
accident
675
-
425
-
total
8 967
-
5 637
-
Corporate
-
38 500
-
-
income
-
5 776
-
-
surtax
-
404
-
-
communal
-
2 599
-
-
total
-
8 779
-
-
Dividends
-
29 721
-
-
income
-
1 040
-
-
withholding
-
4 457
-
-
total
-
5 497
-
-
Income
38 500
38 500
38 500
38 500
Total tax
30 159
14 276
13 886
13 883
After tax
8 341
24 224
24 614
24 617
Living cost
53 858
53 858
53 858
53 858
Free-cash
-45 517
-29 634
-29 244
-29 241

Estimated living cost  is ₽53858 per week

₽40402
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3263
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9622
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽1958
-₽1902
-₽105
-₽1022
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
226
income
-
-
-
5 569
health
-
-
-
2 733
surtax
-
-
-
117
pensions
-
-
-
7 700
other
-
-
-
-
total
-
-
-
16 345
Employee
33 376
-
31 806
-
pensions
2 227
-
2 121
-
unemployment
2 323
-
2 214
-
income
5 595
-
5 332
-
other
-
-
-
-
surtax
118
-
90
-
health
852
-
812
-
total
11 115
-
10 569
-
Employer
33 376
-
31 806
-
health
1 518
-
1 446
-
pensions
4 450
-
4 239
-
other
-
-
-
-
unemployment
1 059
-
1 008
-
total
7 027
-
6 693
-
Corporate
-
38 500
-
-
income
-
10 009
-
-
total
-
10 009
-
-
Dividends
-
28 491
-
-
withholding
-
4 273
-
-
total
-
4 273
-
-
Income
38 500
38 500
38 500
38 500
Total tax
18 142
14 282
17 262
16 345
After tax
20 358
24 218
21 238
22 155
Living cost
22 260
22 260
22 260
22 260
Free-cash
-1 902
1 958
-1 022
-105

Estimated living cost  is ₽22260 per week

₽13440
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1935
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.
₽6370
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽6461
-₽16477
-₽5502
-₽7772
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
229
national
-
-
-
6 594
regional
-
-
-
580
social contributions
-
-
-
9 902
total
-
-
-
17 305
Employee
54 976
-
38 500
-
national
8 710
-
5 870
-
social contributions
18 538
-
12 983
-
municipal
292
-
205
-
regional
740
-
517
-
total
28 280
-
19 575
-
Employer
54 976
-
38 500
-
total
-
-
-
-
Corporate
-
38 500
-
-
municipal
-
1 913
-
-
nationa
-
9 240
-
-
total
-
11 153
-
-
Dividends
-
27 347
-
-
withholding
-
7 111
-
-
total
-
7 111
-
-
Income
38 500
38 500
38 500
38 500
Total tax
28 280
18 264
19 575
17 305
After tax
10 220
20 236
18 925
21 195
Living cost
26 697
26 697
26 697
26 697
Free-cash
-16 477
-6 461
-7 772
-5 502

Estimated living cost  is ₽26697 per week

₽16603
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2704
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6932
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽3943
-₽21504
-₽11699
-₽10914
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
-
income
-
-
-
3 309
health
-
-
-
5 198
social contributions
-
-
-
11 242
total
-
-
-
19 749
Employee
44 779
-
28 731
-
social contributions
2 911
-
1 868
-
income
5 373
-
3 448
-
solidarity contribution
-
-
-
-
health
6 045
-
3 879
-
total
14 329
-
9 195
-
Employer
44 779
-
28 731
-
social contributions
11 195
-
7 183
-
health
4 030
-
2 586
-
total
15 225
-
9 769
-
Corporate
-
38 500
-
-
income
-
7 315
-
-
total
-
7 315
-
-
Dividends
-
31 185
-
-
withholding
-
4 678
-
-
total
-
4 678
-
-
Income
38 500
38 500
38 500
38 500
Total tax
29 554
11 993
18 964
19 749
After tax
8 946
26 507
19 536
18 751
Living cost
30 450
30 450
30 450
30 450
Free-cash
-21 504
-3 943
-10 914
-11 699

Estimated living cost  is ₽30450 per week

₽22644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1687
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5592
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽15491
-₽18231
-₽9834
-₽17405
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
6 079
income
-
-
-
416
chamber of commerce
-
-
-
154
health
-
-
-
2 945
surtax
-
-
-
-
pensions
-
-
-
7 122
total
-
-
-
16 716
Employee
43 322
39 495
39 495
-
pensions
4 437
4 044
3 002
-
unemployment
1 300
1 185
880
-
income
3 859
2 913
3 408
-
other
433
395
293
-
health
1 676
1 529
1 134
-
total
11 705
10 066
8 717
-
Employer
43 322
39 495
39 495
-
chamber of commerce
173
158
158
-
health
1 638
1 493
1 108
-
payroll
1 300
1 185
1 185
-
pensions
5 437
4 958
3 679
-
surtax
-
-
-
-
accident
562
513
382
-
other
2 058
1 875
1 789
-
unemployment
1 300
1 185
880
-
total
12 468
11 367
9 181
-
Corporate
3 761
3 761
25 559
-
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.

940
940
6 389
-
total
940
940
6 389
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
25 113
22 373
24 287
16 716
After tax
13 387
16 127
14 213
21 784
Living cost
31 618
31 618
31 618
31 618
Free-cash
-18 231
-15 491
-17 405
-9 834

Estimated living cost  is ₽31618 per week

₽18967
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3229
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8858
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽23179
₽20667
₽24719
₽17404
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
16 745
-
38 500
-
income
3 349
-
7 700
-
total
3 349
-
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%.

21 755
38 500
-
-
total
-
-
-
-
Dividends
21 755
38 500
-
-
withholding
1 088
1 925
-
-
total
1 088
1 925
-
-
Income
38 500
38 500
38 500
38 500
Total tax
4 437
1 925
7 700
385
After tax
34 063
36 575
30 800
38 115
Living cost
13 396
13 396
13 396
13 396
Free-cash
20 667
23 179
17 404
24 719

Estimated living cost  is ₽13396 per week

₽9065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽74
-₽12149
-₽4760
-₽5980
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
58
income
-
-
-
5 799
health
-
-
-
3 790
pensions
-
-
-
7 030
total
-
-
-
16 677
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

43 825
-
33 311
-
pensions
6 793
-
5 163
-
unemployment
62
-
47
-
income
7 558
-
5 348
-
health
2 830
-
2 152
-
total
17 243
-
12 710
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

43 825
-
33 311
-
health
2 919
-
2 219
-
pensions
3 878
-
2 947
-
unemployment
26
-
21
-
total
6 823
-
5 187
-
Corporate
-
38 500
-
-
income
-
7 314
-
-
total
-
7 314
-
-
Dividends
-
31 186
-
-
withholding
-
4 677
-
-
total
-
4 677
-
-
Income
38 500
38 500
38 500
38 500
Total tax
24 066
11 991
17 897
16 677
After tax
14 434
26 509
20 603
21 823
Living cost
26 583
26 583
26 583
26 583
Free-cash
-12 149
-74
-5 980
-4 760

Estimated living cost  is ₽26583 per week

₽18243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1704
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6122
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽23250
-₽122784
-₽20066
-₽22930
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
66 923
-
3 177
-
social contributions
5 488
-
782
-
income
14 762
-
527
-
total
20 250
-
1 309
-
Employer
66 923
-
3 177
-
social contributions
94 361
-
13 448
-
total
94 361
-
13 448
-
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
114 611
15 077
14 757
11 893
After tax
-76 111
23 423
23 743
26 607
Living cost
46 673
46 673
46 673
46 673
Free-cash
-122 784
-23 250
-22 930
-20 066

Estimated living cost  is ₽46673 per week

₽30283
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4390
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.
₽11405
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽9187
-₽17906
-₽8396
-₽9048
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 430
surtax
-
-
-
-
social contributions

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

-
-
-
13 380
total
-
-
-
15 810
Employee
45 581
-
31 111
-
social contributions
5 014
-
3 423
-
income
9 481
-
5 650
-
surtax
-
-
-
-
total
14 495
-
9 073
-
Employer
45 581
-
31 111
-
social contributions
10 825
-
7 389
-
total
10 825
-
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
25 320
16 601
16 462
15 810
After tax
13 180
21 899
22 038
22 690
Living cost
31 086
31 086
31 086
31 086
Free-cash
-17 906
-9 187
-9 048
-8 396

Estimated living cost  is ₽31086 per week

₽23259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1834
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5475
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽28464
-₽42958
-₽24382
-₽23606
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
803
health
-
-
-
335
surtax
-
-
-
-
pensions
-
-
-
11 585
other
-
-
-
1 194
social contributions
-
-
-
1 098
total
-
-
-
15 015
Employee
62 072
-
29 337
-
pensions
7 021
-
3 316
-
social contributions
1 768
-
837
-
income
5 416
-
923
-
surtax
-
-
-
-
total
14 205
-
5 076
-
Employer
62 072
-
29 337
-
social contributions
186
-
88
-
health
4 344
-
2 054
-
pensions
10 199
-
4 820
-
other
2 142
-
1 012
-
unemployment
2 515
-
1 189
-
total
19 386
-
9 163
-
Corporate
-
38 500
-
-
income
-
10 780
-
-
surtax
-
-
-
-
total
-
10 780
-
-
Dividends
-
27 720
-
-
social contributions
-
4 768
-
-
surtax
-
-
-
-
withholding
-
3 549
-
-
total
-
8 317
-
-
Income
38 500
38 500
38 500
38 500
Total tax
33 591
19 097
14 239
15 015
After tax
4 909
19 403
24 261
23 485
Living cost
47 867
47 867
47 867
47 867
Free-cash
-42 958
-28 464
-23 606
-24 382

Estimated living cost  is ₽47867 per week

₽32396
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3916
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽656
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10899
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽4859
₽1530
₽240
₽1376
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 469
total
-
-
-
8 469
Employee
31 862
-
33 332
-
social contributions
2 071
-
2 167
-
income
-
-
-
-
total
2 071
-
2 167
-
Employer
31 862
-
33 332
-
social contributions
4 939
-
5 166
-
total
4 939
-
5 166
-
Corporate
1 700
38 500
-
-
income
169
3 850
-
-
total
169
3 850
-
-
Dividends
1 530
34 650
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
7 179
3 850
7 333
8 469
After tax
31 321
34 650
31 167
30 031
Living cost
29 791
29 791
29 791
29 791
Free-cash
1 530
4 859
1 376
240

Estimated living cost  is ₽29791 per week

₽19262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2246
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.
₽7722
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽177031
-₽177031
-₽21471
-₽177031
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
5 300
national
-
-
-
3 162
labour market
-
-
-
3 011
pensions
-
-
-
857
total
-
-
-
12 330
Employee
201 082
201 082
201 082
-
national
24 566
24 566
24 566
-
pensions
286
286
286
-
municipal
42 819
42 819
42 819
-
labour market
16 064
16 064
16 064
-
total
83 735
83 735
83 735
-
Employer
201 082
201 082
201 082
-
municipal
42 887
42 887
42 887
-
labour market
16 087
16 087
16 087
-
national
24 609
24 609
24 609
-
pensions
572
572
572
-
total
84 155
84 155
84 155
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
167 890
167 890
167 890
12 330
After tax
-129 390
-129 390
-129 390
26 170
Living cost
47 641
47 641
47 641
47 641
Free-cash
-177 031
-177 031
-177 031
-21 471

Estimated living cost  is ₽47641 per week

₽32606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4214
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽733
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10088
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽18269
-₽2003
₽4625
-₽1057
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
249
income
-
-
-
5 614
health
-
-
-
2 152
pensions
-
-
-
4 106
other
-
-
-
366
total
-
-
-
12 487
Employee
33 645
-
31 982
-
pensions
3 789
-
3 601
-
income
4 616
-
4 387
-
health
3 853
-
3 662
-
total
12 258
-
11 650
-
Employer
33 645
-
31 982
-
pensions
5 471
-
5 201
-
accident
562
-
534
-
unemployment
824
-
784
-
total
6 857
-
6 519
-
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
19 115
35 381
18 169
12 487
After tax
19 385
3 119
20 331
26 013
Living cost
21 388
21 388
21 388
21 388
Free-cash
-2 003
-18 269
-1 057
4 625

Estimated living cost  is ₽21388 per week

₽15568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1219
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4199
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽11408
-₽23480
-₽6942
-₽13752
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
6 899
national
-
-
-
314
health
-
-
-
179
total
-
-
-
7 392
Employee
52 142
-
32 388
-
national
861
-
-
-
pensions
3 519
-
2 185
-
unemployment
782
-
485
-
municipal
8 540
-
5 334
-
health
389
-
85
-
total
14 091
-
8 089
-
Employer
52 142
-
32 388
-
health
401
-
250
-
pensions
9 046
-
5 620
-
accident
53
-
32
-
unemployment
339
-
211
-
total
9 839
-
6 113
-
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
-
4 158
-
-
national
-
-
-
-
total
-
4 158
-
-
Income
38 500
38 500
38 500
38 500
Total tax
23 930
11 858
14 202
7 392
After tax
14 570
26 642
24 298
31 108
Living cost
38 050
38 050
38 050
38 050
Free-cash
-23 480
-11 408
-13 752
-6 942

Estimated living cost  is ₽38050 per week

₽24854
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3660
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽606
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8932
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽6858
₽191
₽8567
₽221
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
health
-
-
-
982
social contributions
-
-
-
6 005
total
-
-
-
6 987
Employee
76 208
76 208
76 208
-
social contributions
2 881
6 325
2 900
-
income
8 298
7 055
8 292
-
health
591
1 296
594
-
total
11 770
14 676
11 786
-
Employer
76 208
76 208
76 208
-
social contributions
2 881
6 325
2 900
-
health
641
1 411
647
-
total
3 522
7 736
3 547
-
Corporate
262
-
-
-
income
32
-
-
-
total
32
-
-
-
Dividends
230
-
-
-
withholding
39
-
-
-
total
39
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
15 363
22 412
15 333
6 987
After tax
23 137
16 088
23 167
31 513
Living cost
22 946
22 946
22 946
22 946
Free-cash
191
-6 858
221
8 567

Estimated living cost  is ₽22946 per week

₽13752
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2251
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.
₽6436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽16147
₽11105
₽10053
₽8225
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
28
income
-
-
-
2 793
health
-
-
-
3 587
pensions
-
-
-
6 304
total
-
-
-
12 712
Employee

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

22 748
-
34 904
-
pensions
3 412
-
5 236
-
unemployment
113
-
175
-
income
1 555
-
2 567
-
health
1 933
-
2 966
-
total
7 013
-
10 944
-
Employer

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

22 748
-
34 904
-
health
978
-
1 501
-
pensions
1 251
-
1 920
-
unemployment
113
-
175
-
total
2 342
-
3 596
-
Corporate
13 410
38 500
-
-
income
1 207
3 464
-
-
total
1 207
3 464
-
-
Dividends
12 203
35 036
-
-
withholding
1 098
3 154
-
-
total
1 098
3 154
-
-
Income
38 500
38 500
38 500
38 500
Total tax
11 660
6 618
14 540
12 712
After tax
26 840
31 882
23 960
25 788
Living cost
15 735
15 735
15 735
15 735
Free-cash
11 105
16 147
8 225
10 053

Estimated living cost  is ₽15735 per week

₽10039
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1134
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4092
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽1175
-₽9828
-₽5598
-₽6438
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
269
accident
-
-
-
346
income
-
-
-
5 297
pensions
-
-
-
10 895
other
-
-
-
38
total
-
-
-
16 845
Employee
36 645
-
27 949
-
pensions
1 723
-
1 555
-
unemployment
568
-
513
-
income
7 065
-
5 032
-
other
36
-
34
-
total
9 392
-
7 134
-
Employer
36 645
-
27 949
-
pensions
8 648
-
7 811
-
accident
726
-
654
-
other
293
-
265
-
unemployment
2 016
-
1 821
-
total
11 683
-
10 551
-
Corporate
-
38 500
-
-
income

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

-
5 776
-
-
total
-
5 776
-
-
Dividends
-
32 724
-
-
withholding
-
6 646
-
-
total
-
6 646
-
-
Income
38 500
38 500
38 500
38 500
Total tax
21 075
12 422
17 685
16 845
After tax
17 425
26 078
20 815
21 655
Living cost
27 253
27 253
27 253
27 253
Free-cash
-9 828
-1 175
-6 438
-5 598

Estimated living cost  is ₽27253 per week

₽18395
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2620
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.
₽5761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽22353
₽22079
₽22372
₽22253
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 354
health
-
-
-
884
pensions
-
-
-
1 219
total
-
-
-
14 457
Employee
2 545
-
37 129
-
pensions
229
-
549
-
unemployment
25
-
61
-
income
492
-
12 290
-
health
127
-
305
-
total
873
-
13 205
-
Employer
2 545
-
37 129
-
health
242
-
579
-
pensions
280
-
670
-
unemployment
51
-
122
-
total
573
-
1 371
-
Corporate
35 382
38 500
-
-
income
7 784
8 470
-
-
total
7 784
8 470
-
-
Dividends
27 598
30 030
-
-
withholding
5 520
6 006
-
-
total
5 520
6 006
-
-
Income
38 500
38 500
38 500
38 500
Total tax
14 750
14 476
14 576
14 457
After tax
23 750
24 024
23 924
24 043
Living cost
1 671
1 671
1 671
1 671
Free-cash
22 079
22 353
22 253
22 372

Estimated living cost  is ₽1671 per week

₽993
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽135
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽38
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽504
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽10677
₽5802
₽2434
₽4090
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
578
income
-
-
-
4 374
health
-
-
-
3 965
pensions
-
-
-
10 010
total
-
-
-
18 927
Employee

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

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

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

25 844
-
32 655
-
pensions
3 618
-
4 572
-
unemployment
194
-
245
-
income
3 562
-
4 926
-
health
1 331
-
1 682
-
total
8 705
-
11 425
-
Employer

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

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

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

25 844
-
32 655
-
health
1 331
-
1 682
-
pensions
3 101
-
3 919
-
unemployment
194
-
245
-
total
4 626
-
5 846
-
Corporate
8 030
38 500
-
-
income
1 204
5 775
-
-
total
1 204
5 775
-
-
Dividends
6 825
32 725
-
-
withholding
1 024
4 909
-
-
total
1 024
4 909
-
-
Income
38 500
38 500
38 500
38 500
Total tax
15 559
10 684
17 271
18 927
After tax
22 941
27 816
21 229
19 573
Living cost
17 139
17 139
17 139
17 139
Free-cash
5 802
10 677
4 090
2 434

Estimated living cost  is ₽17139 per week

₽11540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1326
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽4819
-₽9101
-₽4028
-₽4680
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 430
surtax
-
-
-
-
social contributions

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

-
-
-
13 380
total
-
-
-
15 810
Employee
38 465
-
31 111
-
social contributions
4 232
-
3 423
-
income
7 516
-
5 650
-
surtax
-
-
-
-
total
11 748
-
9 073
-
Employer
38 465
-
31 111
-
social contributions
9 135
-
7 389
-
total
9 135
-
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
20 883
16 601
16 462
15 810
After tax
17 617
21 899
22 038
22 690
Living cost
26 718
26 718
26 718
26 718
Free-cash
-9 101
-4 819
-4 680
-4 028

Estimated living cost  is ₽26718 per week

₽18924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1856
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.
₽5465
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8752
-₽24625
-₽13175
-₽14015
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
269
accident
-
-
-
346
income
-
-
-
5 297
pensions
-
-
-
10 895
other
-
-
-
38
total
-
-
-
16 845
Employee
47 864
-
27 949
-
pensions
2 249
-
1 555
-
unemployment
741
-
513
-
income
9 997
-
5 032
-
other
47
-
34
-
total
13 034
-
7 134
-
Employer
47 864
-
27 949
-
pensions
11 296
-
7 811
-
accident
948
-
654
-
other
384
-
265
-
unemployment
2 633
-
1 821
-
total
15 261
-
10 551
-
Corporate
-
38 500
-
-
income

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

-
5 776
-
-
total
-
5 776
-
-
Dividends
-
32 724
-
-
withholding
-
6 646
-
-
total
-
6 646
-
-
Income
38 500
38 500
38 500
38 500
Total tax
28 295
12 422
17 685
16 845
After tax
10 205
26 078
20 815
21 655
Living cost
34 830
34 830
34 830
34 830
Free-cash
-24 625
-8 752
-14 015
-13 175

Estimated living cost  is ₽34830 per week

₽25014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2708
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.
₽6618
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽15833
₽9779
₽6379
₽7223
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
139
income
-
-
-
5 775
health
-
-
-
3 989
pensions

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

-
-
-
5 134
total
-
-
-
15 037
Employee
22 622
-
32 186
-
pensions

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

1 986
-
2 826
-
income
2 263
-
3 218
-
health
1 041
-
1 481
-
accident

We are using the highest rate at 1.1%.

249
-
354
-
total
5 539
-
7 879
-
Employer
22 622
-
32 186
-
health
1 561
-
2 220
-
pensions

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

2 493
-
3 547
-
accident

We are using the highest rate at 1.1%.

249
-
354
-
unemployment
136
-
193
-
total
4 439
-
6 314
-
Corporate
11 440
38 500
-
-
income
1 144
3 850
-
-
total
1 144
3 850
-
-
Dividends
10 296
34 650
-
-
withholding
515
1 733
-
-
total
515
1 733
-
-
Income
38 500
38 500
38 500
38 500
Total tax
11 637
5 583
14 193
15 037
After tax
26 863
32 917
24 307
23 463
Living cost
17 084
17 084
17 084
17 084
Free-cash
9 779
15 833
7 223
6 379

Estimated living cost  is ₽17084 per week

₽11299
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽978
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4400
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽18226
-₽10812
-₽7806
-₽7806
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
1 207
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.

-
-
-
6 771
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.

-
-
-
66
total
-
-
-
8 044
Employee

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

49 312
-
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.

4 055
-
1 207
-
surtax

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

224
-
66
-
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.

6 771
-
6 771
-
total
11 050
-
8 044
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
38 500
-
-
income
-
5 776
-
-
surtax

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

-
318
-
-
trade
-
5 526
-
-
chamber of commerce
-
207
-
-
total
-
11 827
-
-
Dividends
-
26 674
-
-
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.

-
346
-
-
withholding
-
6 291
-
-
total
-
6 637
-
-
Income
38 500
38 500
38 500
38 500
Total tax
11 050
18 464
8 044
8 044
After tax
27 450
20 036
30 456
30 456
Living cost
38 262
38 262
38 262
38 262
Free-cash
-10 812
-18 226
-7 806
-7 806

Estimated living cost  is ₽38262 per week

₽26394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4117
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽29505
-₽39024
-₽24699
-₽24699
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 597
social contributions
-
-
-
2 147
total
-
-
-
6 744
Employee
77 523
-
38 500
-
social contributions
6 441
-
2 147
-
income
14 628
-
4 597
-
total
21 069
-
6 744
-
Employer
77 523
-
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
21 069
11 550
6 744
6 744
After tax
17 431
26 950
31 756
31 756
Living cost
56 455
56 455
56 455
56 455
Free-cash
-39 024
-29 505
-24 699
-24 699

Estimated living cost  is ₽56455 per week

₽42950
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽14705
-₽14477
-₽31790
-₽7069
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
38 500
income
-
-
-
28 211
health

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

-
-
-
6 103
total
-
-
-
34 314
Employee
45 464
-
34 992
-
social contributions
4 555
-
3 508
-
income
4 933
-
2 577
-
total
9 488
-
6 085
-
Employer
45 464
-
34 992
-
social contributions
4 555
-
3 508
-
total
4 555
-
3 508
-
Corporate
-
38 500
-
-
income
-
13 475
-
-
total
-
13 475
-
-
Dividends
-
25 025
-
-
social contributions
2 958
3 754
-
-
total
2 958
3 754
-
-
Income
38 500
38 500
38 500
38 500
Total tax
17 001
17 229
9 593
34 314
After tax
21 499
21 271
28 907
4 186
Living cost
35 976
35 976
35 976
35 976
Free-cash
-14 477
-14 705
-7 069
-31 790

Estimated living cost  is ₽35976 per week

₽23697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2836
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.
₽8890
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8159
-₽18392
-₽7645
-₽10931
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 339
pensions
-
-
-
1 801
total
-
-
-
9 140
Employee
50 795
-
34 900
-
pensions
3 877
-
1 970
-
income
9 250
-
6 519
-
health
663
-
336
-
total
13 790
-
8 825
-
Employer
50 795
-
34 900
-
health
965
-
663
-
pensions
5 132
-
2 938
-
total
6 097
-
3 601
-
Corporate
-
38 500
-
-
income

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

-
7 315
-
-
total
-
7 315
-
-
Dividends
-
31 185
-
-
withholding
-
2 339
-
-
total
-
2 339
-
-
Income
38 500
38 500
38 500
38 500
Total tax
19 887
9 654
12 426
9 140
After tax
18 613
28 846
26 074
29 360
Living cost
37 005
37 005
37 005
37 005
Free-cash
-18 392
-8 159
-10 931
-7 645

Estimated living cost  is ₽37005 per week

₽25385
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3403
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽20387
-₽6010
₽2507
-₽3175
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
249
income
-
-
-
5 614
health
-
-
-
2 152
pensions
-
-
-
4 106
other
-
-
-
366
total
-
-
-
12 487
Employee
36 975
-
31 982
-
pensions
4 163
-
3 601
-
income
5 073
-
4 387
-
health
4 233
-
3 662
-
total
13 469
-
11 650
-
Employer
36 975
-
31 982
-
pensions
6 012
-
5 201
-
accident
617
-
534
-
unemployment
906
-
784
-
total
7 535
-
6 519
-
Corporate
-
38 500
-
-
income

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

-
34 650
-
-
total
-
34 650
-
-
Dividends
-
3 850
-
-
withholding
-
731
-
-
total
-
731
-
-
Income
38 500
38 500
38 500
38 500
Total tax
21 004
35 381
18 169
12 487
After tax
17 496
3 119
20 331
26 013
Living cost
23 506
23 506
23 506
23 506
Free-cash
-6 010
-20 387
-3 175
2 507

Estimated living cost  is ₽23506 per week

₽17250
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1370
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.
₽4412
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽19317
₽14492
₽10219
₽10219
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
462
health insurance
-
-
-
2 849
income
-
-
-
4 286
work injury
-
-
-
192
pensions
-
-
-
7 084
total
-
-
-
14 873
Employee

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

21 453
-
38 500
-
work injury
107
-
192
-
pensions
3 947
-
7 084
-
unemployment
257
-
462
-
income
2 145
-
4 286
-
health insurance
1 587
-
2 849
-
total
8 043
-
14 873
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
17 047
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
17 047
38 500
-
-
withholding
2 557
5 775
-
-
total
2 557
5 775
-
-
Income
38 500
38 500
38 500
38 500
Total tax
10 600
5 775
14 873
14 873
After tax
27 900
32 725
23 627
23 627
Living cost
13 408
13 408
13 408
13 408
Free-cash
14 492
19 317
10 219
10 219

Estimated living cost  is ₽13408 per week

₽8306
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽418
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3709
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

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Rome , Italy
-₽19202
-₽45014
-₽18235
-₽20506
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
258
national
-
-
-
6 594
regional
-
-
-
499
social contributions
-
-
-
9 902
total
-
-
-
17 253
Employee
83 513
-
38 500
-
national
14 113
-
5 870
-
social contributions
28 160
-
12 983
-
municipal
498
-
229
-
regional
1 261
-
442
-
total
44 032
-
19 524
-
Employer
83 513
-
38 500
-
total
-
-
-
-
Corporate
-
38 500
-
-
municipal
-
1 856
-
-
nationa
-
9 240
-
-
total
-
11 096
-
-
Dividends
-
27 404
-
-
withholding
-
7 124
-
-
total
-
7 124
-
-
Income
38 500
38 500
38 500
38 500
Total tax
44 032
18 220
19 524
17 253
After tax
-5 532
20 280
18 976
21 247
Living cost
39 482
39 482
39 482
39 482
Free-cash
-45 014
-19 202
-20 506
-18 235

Estimated living cost  is ₽39482 per week

₽27733
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8435
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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