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
-₽10062
₽732
₽531
₽732
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 699
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.

-
-
-
1 297
trade
-
-
-
-
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.

-
-
-
71
total
-
-
-
8 067
Employee

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

37 505
-
38 500
-
surtax

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

58
-
71
-
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.

1 048
-
1 297
-
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.

6 699
-
6 699
-
total
7 805
-
8 067
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
995
38 500
-
-
trade
156
6 064
-
-
chamber of commerce
151
205
-
-
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.

7
318
-
-
income
149
5 774
-
-
total
463
12 361
-
-
Dividends
531
26 138
-
-
withholding
-
6 161
-
-
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
-
-
total
-
6 500
-
-
Income
38 500
38 500
38 500
38 500
Total tax
8 268
18 861
8 067
8 067
After tax
30 232
19 639
30 433
30 433
Living cost
29 701
29 701
29 701
29 701
Free-cash
531
-10 062
732
732

Estimated living cost  is ₽29701 per week

₽18683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3463
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.
₽7000
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽27693
-₽26153
-₽48947
-₽26455
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
social contributions
-
-
-
414
national
-
-
-
4 986
pensions
-
-
-
4 620
municipal
-
-
-
3 218
total
-
-
-
13 238
Employee
80 170
-
33 283
-
national
15 345
-
5 217
-
municipal
9 902
-
3 367
-
pensions
3 207
-
1 331
-
total
28 454
-
9 915
-
Employer
80 170
-
33 283
-
pensions
6 414
-
2 663
-
social contributions
862
-
358
-
total
7 276
-
3 021
-
Corporate
-
38 500
-
-
income

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

-
7 700
-
-
total
-
7 700
-
-
Dividends
-
30 800
-
-
withholding
-
6 776
-
-
total
-
6 776
-
-
Income
38 500
38 500
38 500
38 500
Total tax
35 730
14 476
12 936
13 238
After tax
2 770
24 024
25 564
25 262
Living cost
51 717
51 717
51 717
51 717
Free-cash
-48 947
-27 693
-26 153
-26 455

Estimated living cost  is ₽51717 per week

₽35151
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽774
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10984
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽10400
₽1691
₽2355
₽9239
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 774
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.

-
-
-
3 087
income
-
-
-
-
surtax
-
-
-
-
total
-
-
-
8 861
Employee
28 653
-
31 025
-
surtax
-
-
-
-
income
5 101
-
5 523
-
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.

3 152
-
3 413
-
total
8 253
-
8 936
-
Employer
28 653
-
31 025
-
surtax
-
-
-
-
social contributions

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

6 902
-
7 473
-
total
6 902
-
7 473
-
Corporate
2 945
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%.

590
7 700
-
-
total
590
7 700
-
-
Dividends

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

2 355
30 800
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
15 745
7 700
16 409
8 861
After tax
22 755
30 800
22 091
29 639
Living cost
20 400
20 400
20 400
20 400
Free-cash
2 355
10 400
1 691
9 239

Estimated living cost  is ₽20400 per week

₽13015
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1943
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.
₽4980
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽53369
-₽58874
-₽58874
-₽18891
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 910
income
-
-
-
3 473
pensions
-
-
-
6 930
total
-
-
-
16 313
Employee
83 737
83 737
83 737
-
income

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

13 706
13 706
13 706
-
pensions
15 073
11 489
15 073
-
health
12 853
10 932
12 853
-
total
41 632
36 127
41 632
-
Employer
83 737
83 737
83 737
-
unemployment
3 015
3 015
3 015
-
pensions
5 828
5 828
5 828
-
health
5 821
5 821
5 821
-
total
14 664
14 664
14 664
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
56 296
50 791
56 296
16 313
After tax
-17 796
-12 291
-17 796
22 187
Living cost
41 078
41 078
41 078
41 078
Free-cash
-58 874
-53 369
-58 874
-18 891

Estimated living cost  is ₽41078 per week

₽29111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3703
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽19909
-₽20371
-₽38146
-₽21738
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 402
national
-
-
-
-
pensions
-
-
-
4 162
unemployment
-
-
-
38
other
-
-
-
4 474
accident
-
-
-
77
municipal
-
-
-
8 155
total
-
-
-
19 308
Employee
58 321
-
29 296
-
national
-
-
-
-
municipal
17 391
-
8 736
-
total
17 391
-
8 736
-
Employer
58 321
-
29 296
-
unemployment
1 540
-
773
-
pensions
6 304
-
3 167
-
accident
117
-
59
-
other
6 777
-
3 404
-
health
3 587
-
1 802
-
total
18 325
-
9 205
-
Corporate
-
38 500
-
-
income
-
8 470
-
-
total
-
8 470
-
-
Dividends
-
30 030
-
-
withholding
-
9 009
-
-
total
-
9 009
-
-
Income
38 500
38 500
38 500
38 500
Total tax
35 716
17 479
17 941
19 308
After tax
2 784
21 021
20 559
19 192
Living cost
40 930
40 930
40 930
40 930
Free-cash
-38 146
-19 909
-20 371
-21 738

Estimated living cost  is ₽40930 per week

₽27126
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4016
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽622
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9165
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽19079
-₽8088
-₽11226
-₽8088
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 699
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.

-
-
-
1 297
trade
-
-
-
-
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.

-
-
-
71
total
-
-
-
8 067
Employee

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

49 727
-
38 500
-
surtax

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

234
-
71
-
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.

4 272
-
1 297
-
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.

6 699
-
6 699
-
total
11 205
-
8 067
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
38 500
-
-
trade
-
6 332
-
-
chamber of commerce
-
203
-
-
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
-
-
income
-
5 774
-
-
total
-
12 627
-
-
Dividends
-
25 872
-
-
withholding
-
6 096
-
-
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
-
-
total
-
6 431
-
-
Income
38 500
38 500
38 500
38 500
Total tax
11 205
19 058
8 067
8 067
After tax
27 295
19 442
30 433
30 433
Living cost
38 521
38 521
38 521
38 521
Free-cash
-11 226
-19 079
-8 088
-8 088

Estimated living cost  is ₽38521 per week

₽25763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4062
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8121
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽15479
-₽8540
-₽10118
-₽295
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
983
social contributions
-
-
-
6 007
income
-
-
-
-
total
-
-
-
6 990
Employee
75 402
75 402
75 402
-
income
7 918
6 980
8 193
-
social contributions
3 664
6 258
2 901
-
health
750
1 282
594
-
total
12 332
14 520
11 688
-
Employer
75 402
75 402
75 402
-
social contributions
3 664
6 258
2 901
-
health
817
1 396
646
-
total
4 481
7 654
3 547
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
16 813
22 174
15 235
6 990
After tax
21 687
16 326
23 265
31 510
Living cost
31 805
31 805
31 805
31 805
Free-cash
-10 118
-15 479
-8 540
-295

Estimated living cost  is ₽31805 per week

₽21742
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2484
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7045
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽4055
₽4465
₽4427
₽8817
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 695
income
-
-
-
4 707
pensions
-
-
-
3 850
unemployment
-
-
-
577
total
-
-
-
11 829
Employee

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

25 773
10 257
32 218
-
unemployment
387
154
483
-
income
3 151
1 254
3 939
-
pensions
2 577
1 026
3 222
-
health
1 804
718
2 255
-
total
7 919
3 152
9 899
-
Employer

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

25 773
10 257
32 218
-
pensions
5 026
2 000
6 282
-
total
5 026
2 000
6 282
-
Corporate
7 701
26 242
-
-
income
693
2 362
-
-
total
693
2 362
-
-
Dividends
7 008
23 881
-
-
withholding
1 332
4 537
-
-
social contributions
1 249
4 540
-
-
total
2 581
9 077
-
-
Income
38 500
38 500
38 500
38 500
Total tax
16 219
16 591
16 181
11 829
After tax
22 281
21 909
22 319
26 671
Living cost
17 854
17 854
17 854
17 854
Free-cash
4 427
4 055
4 465
8 817

Estimated living cost  is ₽17854 per week

₽12184
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1461
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽357
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3853
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽7115
₽633
₽1022
-₽816
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 006
income
-
-
-
2 925
pensions
-
-
-
7 700
total
-
-
-
15 631
Employee
27 817
-
28 773
-
unemployment
445
-
460
-
income
3 132
-
3 420
-
pensions
556
-
575
-
total
4 133
-
4 455
-
Employer
27 817
-
28 773
-
unemployment
223
-
231
-
pensions
5 564
-
5 756
-
health
3 616
-
3 740
-
total
9 403
-
9 727
-
Corporate
1 280
38 500
-
-
income
257
7 700
-
-
total
257
7 700
-
-
Dividends
1 023
30 800
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
13 793
7 700
14 182
15 631
After tax
24 707
30 800
24 318
22 869
Living cost
23 685
23 685
23 685
23 685
Free-cash
1 022
7 115
633
-816

Estimated living cost  is ₽23685 per week

₽16245
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1411
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.
₽5553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽18597
-₽1383
-₽2620
₽4296
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 153
income
-
-
-
5 614
pensions
-
-
-
4 107
other
-
-
-
366
accident
-
-
-
249
total
-
-
-
12 489
Employee
34 159
-
31 982
-
income
4 686
-
4 388
-
pensions
3 846
-
3 601
-
health
3 911
-
3 662
-
total
12 443
-
11 651
-
Employer
34 159
-
31 982
-
unemployment
837
-
783
-
pensions
5 555
-
5 200
-
accident
570
-
534
-
total
6 962
-
6 517
-
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
-
732
-
-
total
-
732
-
-
Income
38 500
38 500
38 500
38 500
Total tax
19 405
35 382
18 168
12 489
After tax
19 095
3 118
20 332
26 011
Living cost
21 715
21 715
21 715
21 715
Free-cash
-2 620
-18 597
-1 383
4 296

Estimated living cost  is ₽21715 per week

₽15915
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.
₽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

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
₽28496
₽22721
₽26982
₽30036
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 098
-
38 500
-
income
2 019
-
7 700
-
total
2 019
-
7 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

28 402
38 500
-
-
total
-
-
-
-
Dividends
28 402
38 500
-
-
withholding
1 420
1 925
-
-
total
1 420
1 925
-
-
Income
38 500
38 500
38 500
38 500
Total tax
3 439
1 925
7 700
385
After tax
35 061
36 575
30 800
38 115
Living cost
8 079
8 079
8 079
8 079
Free-cash
26 982
28 496
22 721
30 036

Estimated living cost  is ₽8079 per week

₽5006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽222
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2178
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽2158
-₽3561
-₽6077
-₽5279
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
1 693
income
-
-
-
4 890
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.

-
-
-
9 239
other
-
-
-
1 829
total
-
-
-
17 651
Employee
35 604
-
30 751
-
unemployment
355
-
307
-
income
6 130
-
5 294
-
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.

2 492
-
2 153
-
health
499
-
430
-
total
9 476
-
8 184
-
Employer
35 604
-
30 751
-
unemployment
355
-
307
-
pensions

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

6 053
-
5 229
-
accident
285
-
246
-
other
1 781
-
1 537
-
health
499
-
430
-
total
8 973
-
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
18 449
10 214
15 933
17 651
After tax
20 051
28 286
22 567
20 849
Living cost
26 128
26 128
26 128
26 128
Free-cash
-6 077
2 158
-3 561
-5 279

Estimated living cost  is ₽26128 per week

₽18461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1764
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5482
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽36610
-₽39438
-₽66803
-₽36120
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 335
pensions
-
-
-
1 830
total
-
-
-
9 165
Employee
92 610
-
34 872
-
income
16 694
-
6 505
-
pensions
8 934
-
2 007
-
health
1 526
-
343
-
total
27 154
-
8 855
-
Employer
92 610
-
34 872
-
pensions
10 935
-
2 966
-
health
1 759
-
662
-
total
12 694
-
3 628
-
Corporate
-
38 500
-
-
income

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

-
7 316
-
-
total
-
7 316
-
-
Dividends
-
31 184
-
-
withholding
-
2 339
-
-
total
-
2 339
-
-
Income
38 500
38 500
38 500
38 500
Total tax
39 848
9 655
12 483
9 165
After tax
-1 348
28 845
26 017
29 335
Living cost
65 455
65 455
65 455
65 455
Free-cash
-66 803
-36 610
-39 438
-36 120

Estimated living cost  is ₽65455 per week

₽49047
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7691
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽20174
₽11562
₽15658
₽10916
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 904
income
-
-
-
5 775
pensions

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

-
-
-
5 025
unemployment
-
-
-
136
total
-
-
-
14 840
Employee
16 874
-
32 185
-
income
1 687
-
3 219
-
accident

We are using the highest rate at 1.1%.

186
-
354
-
pensions

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

1 482
-
2 825
-
health
776
-
1 481
-
total
4 131
-
7 879
-
Employer
16 874
-
32 185
-
unemployment
101
-
193
-
pensions

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

1 860
-
3 547
-
accident

We are using the highest rate at 1.1%.

186
-
354
-
health
1 165
-
2 221
-
total
3 312
-
6 315
-
Corporate
18 314
38 500
-
-
income
1 831
3 850
-
-
total
1 831
3 850
-
-
Dividends
16 483
34 650
-
-
withholding
824
1 732
-
-
total
824
1 732
-
-
Income
38 500
38 500
38 500
38 500
Total tax
10 098
5 582
14 194
14 840
After tax
28 402
32 918
24 306
23 660
Living cost
12 744
12 744
12 744
12 744
Free-cash
15 658
20 174
11 562
10 916

Estimated living cost  is ₽12744 per week

₽7440
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽910
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽338
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
-₽66666
-₽72171
-₽68330
-₽32188
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 910
income
-
-
-
3 473
pensions
-
-
-
6 930
total
-
-
-
16 313
Employee
90 912
83 737
83 737
-
income

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

13 706
13 706
13 706
-
pensions
11 489
11 489
15 073
-
health
11 342
10 932
12 853
-
total
36 537
36 127
41 632
-
Employer
90 912
83 737
83 737
-
unemployment
3 273
3 015
3 015
-
pensions
6 327
5 828
5 828
-
health
6 318
5 821
5 821
-
total
15 918
14 664
14 664
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
52 455
50 791
56 296
16 313
After tax
-13 955
-12 291
-17 796
22 187
Living cost
54 375
54 375
54 375
54 375
Free-cash
-68 330
-66 666
-72 171
-32 188

Estimated living cost  is ₽54375 per week

₽40110
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽623
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽2328
-₽4643
-₽9146
-₽5427
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 197
social contributions
-
-
-
11 242
income
-
-
-
3 309
solidarity contribution
-
-
-
-
total
-
-
-
19 748
Employee
35 557
-
28 731
-
income
4 267
-
3 448
-
solidarity contribution
-
-
-
-
social contributions
2 311
-
1 868
-
health
4 800
-
3 879
-
total
11 378
-
9 195
-
Employer
35 557
-
28 731
-
social contributions
8 889
-
7 183
-
health
3 200
-
2 586
-
total
12 089
-
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
23 467
11 993
18 964
19 748
After tax
15 033
26 507
19 536
18 752
Living cost
24 179
24 179
24 179
24 179
Free-cash
-9 146
2 328
-4 643
-5 427

Estimated living cost  is ₽24179 per week

₽16795
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
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.
₽5188
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽20836
-₽22248
-₽48647
-₽19967
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
social contributions
-
-
-
9 901
national
-
-
-
6 606
regional
-
-
-
354
municipal
-
-
-
229
total
-
-
-
17 090
Employee
87 148
-
38 500
-
regional
822
-
314
-
national
15 101
-
5 869
-
municipal
461
-
205
-
social contributions
29 386
-
12 983
-
total
45 770
-
19 371
-
Employer
87 148
-
38 500
-
total
-
-
-
-
Corporate
-
38 500
-
-
nationa
-
9 241
-
-
municipal
-
1 502
-
-
total
-
10 743
-
-
Dividends
-
27 757
-
-
withholding
-
7 216
-
-
total
-
7 216
-
-
Income
38 500
38 500
38 500
38 500
Total tax
45 770
17 959
19 371
17 090
After tax
-7 270
20 541
19 129
21 410
Living cost
41 377
41 377
41 377
41 377
Free-cash
-48 647
-20 836
-22 248
-19 967

Estimated living cost  is ₽41377 per week

₽28843
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2713
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽635
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9185
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽2579
-₽404
-₽752
₽517
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 732
income
-
-
-
5 569
pensions
-
-
-
7 700
unemployment
-
-
-
223
other
-
-
-
-
surtax
-
-
-
121
total
-
-
-
16 345
Employee
32 427
-
31 805
-
surtax
106
-
95
-
unemployment
2 257
-
2 214
-
income
5 435
-
5 331
-
pensions
2 162
-
2 121
-
health
828
-
809
-
other
-
-
-
-
total
10 788
-
10 570
-
Employer
32 427
-
31 805
-
unemployment
1 027
-
1 009
-
pensions
4 323
-
4 239
-
other
-
-
-
-
health
1 476
-
1 448
-
total
6 826
-
6 696
-
Corporate
-
38 500
-
-
income
-
10 009
-
-
total
-
10 009
-
-
Dividends
-
28 491
-
-
withholding
-
4 274
-
-
total
-
4 274
-
-
Income
38 500
38 500
38 500
38 500
Total tax
17 614
14 283
17 266
16 345
After tax
20 886
24 217
21 234
22 155
Living cost
21 638
21 638
21 638
21 638
Free-cash
-752
2 579
-404
517

Estimated living cost  is ₽21638 per week

₽13231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5912
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽15872
-₽18700
-₽31462
-₽15382
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 335
pensions
-
-
-
1 830
total
-
-
-
9 165
Employee
62 064
-
34 872
-
income
11 178
-
6 505
-
pensions
5 268
-
2 007
-
health
901
-
343
-
total
17 347
-
8 855
-
Employer
62 064
-
34 872
-
pensions
6 719
-
2 966
-
health
1 179
-
662
-
total
7 898
-
3 628
-
Corporate
-
38 500
-
-
income

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

-
7 316
-
-
total
-
7 316
-
-
Dividends
-
31 184
-
-
withholding
-
2 339
-
-
total
-
2 339
-
-
Income
38 500
38 500
38 500
38 500
Total tax
25 245
9 655
12 483
9 165
After tax
13 255
28 845
26 017
29 335
Living cost
44 717
44 717
44 717
44 717
Free-cash
-31 462
-15 872
-18 700
-15 382

Estimated living cost  is ₽44717 per week

₽33502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3352
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.
₽7395
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Cambridge model

Close
Zurich , Switzerland
-₽61994
-₽49542
-₽63525
-₽46629
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
260
national
-
-
-
33
pensions
-
-
-
3 543
regional
-
-
-
521
city
-
-
-
403
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
-
-
-
5 531
Employee
93 150
-
33 943
-
regional
3 050
-
395
-
national
441
-
4
-
unemployment
-
-
-
-
pensions
7 826
-
3 428
-
health
211
-
76
-
city
1 000
-
358
-
total
12 528
-
4 261
-
Employer
93 150
-
33 943
-
unemployment
-
-
-
-
pensions
7 826
-
3 428
-
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.

1 862
-
679
-
health
211
-
76
-
total
9 899
-
4 183
-
Corporate
-
38 500
-
-
national
-
3 273
-
-
regional
-
8 143
-
-
total
-
11 416
-
-
Dividends
-
27 084
-
-
withholding
-
9 480
-
-
total
-
9 480
-
-
Income
38 500
38 500
38 500
38 500
Total tax
22 427
20 896
8 444
5 531
After tax
16 073
17 604
30 056
32 969
Living cost
79 598
79 598
79 598
79 598
Free-cash
-63 525
-61 994
-49 542
-46 629

Estimated living cost  is ₽79598 per week

₽51762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7143
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽977
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽25676
-₽14488
-₽20431
-₽14488
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 699
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.

-
-
-
1 297
trade
-
-
-
-
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.

-
-
-
71
total
-
-
-
8 067
Employee

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

58 931
-
38 500
-
surtax

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

381
-
71
-
income

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

6 930
-
1 297
-
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.

6 699
-
6 699
-
total
14 010
-
8 067
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
38 500
-
-
trade
-
6 602
-
-
chamber of commerce
-
203
-
-
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
-
-
income
-
5 774
-
-
total
-
12 897
-
-
Dividends
-
25 603
-
-
withholding
-
6 027
-
-
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
-
-
total
-
6 358
-
-
Income
38 500
38 500
38 500
38 500
Total tax
14 010
19 255
8 067
8 067
After tax
24 490
19 245
30 433
30 433
Living cost
44 921
44 921
44 921
44 921
Free-cash
-20 431
-25 676
-14 488
-14 488

Estimated living cost  is ₽44921 per week

₽32808
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3593
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7936
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽14144
-₽9315
-₽16574
-₽10076
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
health
-
-
-
335
social contributions
-
-
-
1 098
income
-
-
-
834
pensions
-
-
-
11 567
other
-
-
-
1 193
surtax
-
-
-
-
total
-
-
-
15 027
Employee
41 967
-
29 335
-
surtax
-
-
-
-
income
2 477
-
949
-
social contributions
1 197
-
836
-
pensions
4 745
-
3 320
-
total
8 419
-
5 105
-
Employer
41 967
-
29 335
-
unemployment
1 699
-
1 187
-
pensions
6 894
-
4 821
-
social contributions
127
-
87
-
other
1 448
-
1 012
-
health
2 938
-
2 054
-
total
13 106
-
9 161
-
Corporate
-
38 500
-
-
surtax
-
-
-
-
income
-
10 780
-
-
total
-
10 780
-
-
Dividends
-
27 720
-
-
withholding
-
3 549
-
-
surtax
-
-
-
-
social contributions
-
4 766
-
-
total
-
8 315
-
-
Income
38 500
38 500
38 500
38 500
Total tax
21 525
19 095
14 266
15 027
After tax
16 975
19 405
24 234
23 473
Living cost
33 549
33 549
33 549
33 549
Free-cash
-16 574
-14 144
-9 315
-10 076

Estimated living cost  is ₽33549 per week

₽21154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2728
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽10820
-₽5991
-₽10662
-₽6752
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
335
social contributions
-
-
-
1 098
income
-
-
-
834
pensions
-
-
-
11 567
other
-
-
-
1 193
surtax
-
-
-
-
total
-
-
-
15 027
Employee
37 462
-
29 335
-
surtax
-
-
-
-
income
1 932
-
949
-
social contributions
1 068
-
836
-
pensions
4 237
-
3 320
-
total
7 237
-
5 105
-
Employer
37 462
-
29 335
-
unemployment
1 517
-
1 187
-
pensions
6 156
-
4 821
-
social contributions
112
-
87
-
other
1 293
-
1 012
-
health
2 622
-
2 054
-
total
11 700
-
9 161
-
Corporate
-
38 500
-
-
surtax
-
-
-
-
income
-
10 780
-
-
total
-
10 780
-
-
Dividends
-
27 720
-
-
withholding
-
3 549
-
-
surtax
-
-
-
-
social contributions
-
4 766
-
-
total
-
8 315
-
-
Income
38 500
38 500
38 500
38 500
Total tax
18 937
19 095
14 266
15 027
After tax
19 563
19 405
24 234
23 473
Living cost
30 225
30 225
30 225
30 225
Free-cash
-10 662
-10 820
-5 991
-6 752

Estimated living cost  is ₽30225 per week

₽17529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3070
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽2697
₽2952
₽1668
₽3933
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 687
social contributions
-
-
-
5 313
income
-
-
-
5 774
total
-
-
-
13 774
Employee
33 247
-
38 500
-
income
5 545
-
6 755
-
social contributions
4 589
-
5 313
-
health
2 320
-
2 687
-
total
12 454
-
14 755
-
Employer
33 247
-
38 500
-
total
-
-
-
-
Corporate
5 253
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%.

262
1 924
-
-
total
262
1 924
-
-
Dividends
4 990
36 576
-
-
withholding
748
5 486
-
-
social contributions
1 710
5 047
-
-
health
865
2 553
-
-
total
3 323
13 086
-
-
Income
38 500
38 500
38 500
38 500
Total tax
16 039
15 010
14 755
13 774
After tax
22 461
23 490
23 745
24 726
Living cost
20 793
20 793
20 793
20 793
Free-cash
1 668
2 697
2 952
3 933

Estimated living cost  is ₽20793 per week

₽13915
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1282
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.
₽5115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽18380
-₽20380
-₽25730
-₽12971
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 946
chamber of commerce
-
-
-
154
income
-
-
-
488
pensions
-
-
-
7 123
unemployment
-
-
-
6 014
surtax
-
-
-
194
total
-
-
-
16 919
Employee
49 005
39 077
39 077
-
unemployment
1 470
1 172
876
-
income
5 579
2 882
3 361
-
pensions
5 019
4 001
2 988
-
health
1 896
1 513
1 130
-
other
489
391
292
-
total
14 453
9 959
8 647
-
Employer
49 005
39 077
39 077
-
chamber of commerce
195
156
156
-
surtax
194
194
194
-
payroll
1 470
1 172
1 172
-
unemployment
1 470
1 172
876
-
pensions
6 150
4 905
3 662
-
accident
636
508
380
-
other
2 328
1 855
1 772
-
health
1 852
1 477
1 103
-
total
14 295
11 439
9 315
-
Corporate
3 722
3 722
25 463
-
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.

930
930
6 366
-
total
930
930
6 366
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
29 678
22 328
24 328
16 919
After tax
8 822
16 172
14 172
21 581
Living cost
34 552
34 552
34 552
34 552
Free-cash
-25 730
-18 380
-20 380
-12 971

Estimated living cost  is ₽34552 per week

₽23045
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2948
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7992
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽13944
-₽18058
-₽52058
-₽12769
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
communal

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

-
-
-
2 142
social contributions
-
-
-
2 789
national
-
-
-
10 585
total
-
-
-
15 516
Employee

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

70 141
-
29 817
-
national
21 564
-
6 670
-
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.

610
-
259
-
communal

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

3 658
-
1 556
-
pensions

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

5 261
-
2 237
-
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.

3 296
-
1 401
-
total
34 389
-
12 123
-
Employer

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

70 141
-
29 817
-
surtax
7 953
-
3 383
-
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.

1 023
-
435
-
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.

6 215
-
2 642
-
accident

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

912
-
387
-
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.

4 313
-
1 835
-
total
20 416
-
8 682
-
Corporate
-
38 500
-
-
surtax
-
154
-
-
income
-
7 700
-
-
total
-
7 854
-
-
Dividends
-
30 645
-
-
withholding

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

-
8 837
-
-
total
-
8 837
-
-
Income
38 500
38 500
38 500
38 500
Total tax
54 805
16 691
20 805
15 516
After tax
-16 305
21 809
17 695
22 984
Living cost
35 753
35 753
35 753
35 753
Free-cash
-52 058
-13 944
-18 058
-12 769

Estimated living cost  is ₽35753 per week

₽23030
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3126
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.
₽9038
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽9336
-₽14509
-₽25870
-₽13773
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 310
pensions
-
-
-
10 895
unemployment
-
-
-
270
other
-
-
-
39
accident
-
-
-
346
total
-
-
-
16 860
Employee
48 811
-
28 061
-
unemployment
757
-
508
-
income
10 299
-
5 077
-
pensions
2 294
-
1 539
-
other
48
-
33
-
total
13 398
-
7 157
-
Employer
48 811
-
28 061
-
unemployment
2 685
-
1 801
-
pensions
11 519
-
7 728
-
accident
966
-
648
-
other
389
-
262
-
total
15 559
-
10 439
-
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.

-
5 774
-
-
total
-
5 774
-
-
Dividends
-
32 726
-
-
withholding
-
6 649
-
-
total
-
6 649
-
-
Income
38 500
38 500
38 500
38 500
Total tax
28 957
12 423
17 596
16 860
After tax
9 543
26 077
20 904
21 640
Living cost
35 413
35 413
35 413
35 413
Free-cash
-25 870
-9 336
-14 509
-13 773

Estimated living cost  is ₽35413 per week

₽26078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6312
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽29066
-₽28594
-₽44632
-₽28591
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 498
communal
-
-
-
-
income
-
-
-
519
pensions
-
-
-
7 466
surtax
-
-
-
1 898
accident
-
-
-
421
total
-
-
-
13 802
Employee
74 258
-
32 923
-
surtax
4 552
-
1 898
-
income
7 173
-
519
-
pensions
5 940
-
3 733
-
health
3 305
-
2 077
-
total
20 970
-
8 227
-
Employer
74 258
-
32 923
-
pensions
5 940
-
3 733
-
accident
668
-
421
-
health
2 265
-
1 424
-
total
8 873
-
5 578
-
Corporate
-
38 500
-
-
surtax
-
404
-
-
income
-
5 774
-
-
communal
-
2 600
-
-
total
-
8 778
-
-
Dividends
-
29 722
-
-
withholding
-
4 459
-
-
income
-
1 040
-
-
total
-
5 499
-
-
Income
38 500
38 500
38 500
38 500
Total tax
29 843
14 277
13 805
13 802
After tax
8 657
24 223
24 695
24 698
Living cost
53 289
53 289
53 289
53 289
Free-cash
-44 632
-29 066
-28 594
-28 591

Estimated living cost  is ₽53289 per week

₽39974
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.
₽9520
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽2192
-₽791
-₽1475
₽130
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 732
income
-
-
-
5 569
pensions
-
-
-
7 700
unemployment
-
-
-
223
other
-
-
-
-
surtax
-
-
-
121
total
-
-
-
16 345
Employee
33 022
-
31 805
-
surtax
117
-
95
-
unemployment
2 298
-
2 214
-
income
5 536
-
5 331
-
pensions
2 203
-
2 121
-
health
843
-
809
-
other
-
-
-
-
total
10 997
-
10 570
-
Employer
33 022
-
31 805
-
unemployment
1 048
-
1 009
-
pensions
4 403
-
4 239
-
other
-
-
-
-
health
1 502
-
1 448
-
total
6 953
-
6 696
-
Corporate
-
38 500
-
-
income
-
10 009
-
-
total
-
10 009
-
-
Dividends
-
28 491
-
-
withholding
-
4 274
-
-
total
-
4 274
-
-
Income
38 500
38 500
38 500
38 500
Total tax
17 950
14 283
17 266
16 345
After tax
20 550
24 217
21 234
22 155
Living cost
22 025
22 025
22 025
22 025
Free-cash
-1 475
2 192
-791
130

Estimated living cost  is ₽22025 per week

₽13297
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1915
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6303
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽6179
-₽7489
-₽15895
-₽5231
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
social contributions
-
-
-
9 901
national
-
-
-
6 606
regional
-
-
-
580
municipal
-
-
-
229
total
-
-
-
17 316
Employee
54 394
-
38 500
-
regional
732
-
517
-
national
8 618
-
5 869
-
municipal
288
-
205
-
social contributions
18 342
-
12 983
-
total
27 980
-
19 574
-
Employer
54 394
-
38 500
-
total
-
-
-
-
Corporate
-
38 500
-
-
nationa
-
9 241
-
-
municipal
-
1 913
-
-
total
-
11 154
-
-
Dividends
-
27 346
-
-
withholding
-
7 110
-
-
total
-
7 110
-
-
Income
38 500
38 500
38 500
38 500
Total tax
27 980
18 264
19 574
17 316
After tax
10 520
20 236
18 926
21 184
Living cost
26 415
26 415
26 415
26 415
Free-cash
-15 895
-6 179
-7 489
-5 231

Estimated living cost  is ₽26415 per week

₽16427
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2676
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6859
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽3288
-₽10259
-₽20213
-₽11043
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 197
social contributions
-
-
-
11 242
income
-
-
-
3 309
solidarity contribution
-
-
-
-
total
-
-
-
19 748
Employee
43 815
-
28 731
-
income
5 258
-
3 448
-
solidarity contribution
-
-
-
-
social contributions
2 848
-
1 868
-
health
5 915
-
3 879
-
total
14 021
-
9 195
-
Employer
43 815
-
28 731
-
social contributions
10 954
-
7 183
-
health
3 943
-
2 586
-
total
14 897
-
9 769
-
Corporate
-
38 500
-
-
income
-
7 315
-
-
total
-
7 315
-
-
Dividends
-
31 185
-
-
withholding
-
4 678
-
-
total
-
4 678
-
-
Income
38 500
38 500
38 500
38 500
Total tax
28 918
11 993
18 964
19 748
After tax
9 582
26 507
19 536
18 752
Living cost
29 795
29 795
29 795
29 795
Free-cash
-20 213
-3 288
-10 259
-11 043

Estimated living cost  is ₽29795 per week

₽22157
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1651
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.
₽5471
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽14918
-₽17006
-₽17630
-₽9509
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 946
chamber of commerce
-
-
-
154
income
-
-
-
488
pensions
-
-
-
7 123
unemployment
-
-
-
6 014
surtax
-
-
-
-
total
-
-
-
16 725
Employee
42 864
39 077
39 077
-
unemployment
1 286
1 172
880
-
income
3 818
2 882
3 349
-
pensions
4 390
4 001
3 005
-
health
1 658
1 513
1 135
-
other
428
391
294
-
total
11 580
9 959
8 663
-
Employer
42 864
39 077
39 077
-
chamber of commerce
171
156
156
-
surtax
-
-
-
-
payroll
1 286
1 172
1 172
-
unemployment
1 286
1 172
880
-
pensions
5 380
4 905
3 683
-
accident
556
508
381
-
other
2 036
1 855
1 773
-
health
1 621
1 477
1 109
-
total
12 336
11 245
9 154
-
Corporate
3 722
3 722
25 623
-
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.

930
930
6 405
-
total
930
930
6 405
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
24 846
22 134
24 222
16 725
After tax
13 654
16 366
14 278
21 775
Living cost
31 284
31 284
31 284
31 284
Free-cash
-17 630
-14 918
-17 006
-9 509

Estimated living cost  is ₽31284 per week

₽18766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3195
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽23986
₽18211
₽21626
₽25526
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
38 500
microenterprise

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

-
-
-
385
total
-
-
-
385
Employee
15 736
-
38 500
-
income
3 147
-
7 700
-
total
3 147
-
7 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

22 764
38 500
-
-
total
-
-
-
-
Dividends
22 764
38 500
-
-
withholding
1 138
1 925
-
-
total
1 138
1 925
-
-
Income
38 500
38 500
38 500
38 500
Total tax
4 285
1 925
7 700
385
After tax
34 215
36 575
30 800
38 115
Living cost
12 589
12 589
12 589
12 589
Free-cash
21 626
23 986
18 211
25 526

Estimated living cost  is ₽12589 per week

₽8519
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽528
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3119
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽206
-₽5717
-₽11613
-₽4494
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 789
income
-
-
-
5 816
pensions
-
-
-
7 030
unemployment
-
-
-
58
total
-
-
-
16 693
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.

43 361
-
33 314
-
unemployment
61
-
47
-
income
7 478
-
5 366
-
pensions
6 721
-
5 164
-
health
2 801
-
2 153
-
total
17 061
-
12 730
-
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.

43 361
-
33 314
-
unemployment
26
-
20
-
pensions
3 837
-
2 948
-
health
2 888
-
2 218
-
total
6 751
-
5 186
-
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
23 812
11 993
17 916
16 693
After tax
14 688
26 507
20 584
21 807
Living cost
26 301
26 301
26 301
26 301
Free-cash
-11 613
206
-5 717
-4 494

Estimated living cost  is ₽26301 per week

₽18050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6057
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽21690
-₽20760
-₽117391
-₽18506
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
social contributions
-
-
-
4 389
income
-
-
-
7 504
total
-
-
-
11 893
Employee
64 685
-
2 543
-
income
14 268
-
393
-
social contributions
5 304
-
756
-
total
19 572
-
1 149
-
Employer
64 685
-
2 543
-
social contributions
91 206
-
12 998
-
total
91 206
-
12 998
-
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
110 778
15 077
14 147
11 893
After tax
-72 278
23 423
24 353
26 607
Living cost
45 113
45 113
45 113
45 113
Free-cash
-117 391
-21 690
-20 760
-18 506

Estimated living cost  is ₽45113 per week

₽29271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4243
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11024
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8860
-₽8743
-₽17311
-₽8079
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
13 379
income
-
-
-
2 442
surtax
-
-
-
-
total
-
-
-
15 821
Employee
45 099
-
31 111
-
surtax
-
-
-
-
income
9 381
-
5 674
-
social contributions
4 961
-
3 422
-
total
14 342
-
9 096
-
Employer
45 099
-
31 111
-
social contributions
10 711
-
7 389
-
total
10 711
-
7 389
-
Corporate
-
38 500
-
-
surtax
-
-
-
-
income
-
8 085
-
-
total
-
8 085
-
-
Dividends
-
30 415
-
-
withholding
-
8 517
-
-
total
-
8 517
-
-
Income
38 500
38 500
38 500
38 500
Total tax
25 053
16 602
16 485
15 821
After tax
13 447
21 898
22 015
22 679
Living cost
30 758
30 758
30 758
30 758
Free-cash
-17 311
-8 860
-8 743
-8 079

Estimated living cost  is ₽30758 per week

₽23013
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1814
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5417
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽27956
-₽23127
-₽42096
-₽23888
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
335
social contributions
-
-
-
1 098
income
-
-
-
834
pensions
-
-
-
11 567
other
-
-
-
1 193
surtax
-
-
-
-
total
-
-
-
15 027
Employee
61 415
-
29 335
-
surtax
-
-
-
-
income
5 359
-
949
-
social contributions
1 749
-
836
-
pensions
6 946
-
3 320
-
total
14 054
-
5 105
-
Employer
61 415
-
29 335
-
unemployment
2 488
-
1 187
-
pensions
10 091
-
4 821
-
social contributions
184
-
87
-
other
2 119
-
1 012
-
health
4 299
-
2 054
-
total
19 181
-
9 161
-
Corporate
-
38 500
-
-
surtax
-
-
-
-
income
-
10 780
-
-
total
-
10 780
-
-
Dividends
-
27 720
-
-
withholding
-
3 549
-
-
surtax
-
-
-
-
social contributions
-
4 766
-
-
total
-
8 315
-
-
Income
38 500
38 500
38 500
38 500
Total tax
33 235
19 095
14 266
15 027
After tax
5 265
19 405
24 234
23 473
Living cost
47 361
47 361
47 361
47 361
Free-cash
-42 096
-27 956
-23 127
-23 888

Estimated living cost  is ₽47361 per week

₽32053
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽649
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10784
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽5174
₽1690
₽1880
₽553
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
income
-
-
-
-
social contributions
-
-
-
8 471
total
-
-
-
8 471
Employee
31 525
-
33 332
-
social contributions
2 049
-
2 166
-
income
-
-
-
-
total
2 049
-
2 166
-
Employer
31 525
-
33 332
-
social contributions
4 887
-
5 168
-
total
4 887
-
5 168
-
Corporate
2 089
38 500
-
-
income
208
3 850
-
-
total
208
3 850
-
-
Dividends
1 880
34 650
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
7 144
3 850
7 334
8 471
After tax
31 356
34 650
31 166
30 029
Living cost
29 476
29 476
29 476
29 476
Free-cash
1 880
5 174
1 690
553

Estimated living cost  is ₽29476 per week

₽19059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2222
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.
₽7641
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽174843
-₽174843
-₽174843
-₽21025
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
labour market
-
-
-
3 012
national
-
-
-
3 177
pensions
-
-
-
849
municipal
-
-
-
5 329
total
-
-
-
12 367
Employee
199 041
199 041
199 041
-
national
24 316
24 316
24 316
-
labour market
15 901
15 901
15 901
-
municipal
42 385
42 385
42 385
-
pensions
283
283
283
-
total
82 885
82 885
82 885
-
Employer
199 041
199 041
199 041
-
national
24 359
24 359
24 359
-
pensions
566
566
566
-
labour market
15 923
15 923
15 923
-
municipal
42 452
42 452
42 452
-
total
83 300
83 300
83 300
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
166 185
166 185
166 185
12 367
After tax
-127 685
-127 685
-127 685
26 133
Living cost
47 158
47 158
47 158
47 158
Free-cash
-174 843
-174 843
-174 843
-21 025

Estimated living cost  is ₽47158 per week

₽32275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4172
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽725
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9985
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽18277
-₽1063
-₽2015
₽4616
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 153
income
-
-
-
5 614
pensions
-
-
-
4 107
other
-
-
-
366
accident
-
-
-
249
total
-
-
-
12 489
Employee
33 656
-
31 982
-
income
4 617
-
4 388
-
pensions
3 790
-
3 601
-
health
3 854
-
3 662
-
total
12 261
-
11 651
-
Employer
33 656
-
31 982
-
unemployment
825
-
783
-
pensions
5 472
-
5 200
-
accident
562
-
534
-
total
6 859
-
6 517
-
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
-
732
-
-
total
-
732
-
-
Income
38 500
38 500
38 500
38 500
Total tax
19 120
35 382
18 168
12 489
After tax
19 380
3 118
20 332
26 011
Living cost
21 395
21 395
21 395
21 395
Free-cash
-2 015
-18 277
-1 063
4 616

Estimated living cost  is ₽21395 per week

₽15573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1220
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.
₽4200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽11004
-₽13352
-₽22824
-₽6560
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
38 500
health
-
-
-
184
national
-
-
-
333
municipal
-
-
-
6 896
total
-
-
-
7 413
Employee
51 590
-
32 389
-
national
852
-
-
-
unemployment
774
-
486
-
municipal
8 450
-
5 333
-
pensions
3 482
-
2 186
-
health
385
-
89
-
total
13 943
-
8 094
-
Employer
51 590
-
32 389
-
unemployment
335
-
210
-
pensions
8 951
-
5 620
-
accident
52
-
32
-
health
396
-
249
-
total
9 734
-
6 111
-
Corporate
-
38 500
-
-
income
-
7 700
-
-
total
-
7 700
-
-
Dividends

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

-
23 100
-
-
municipal
-
4 157
-
-
national
-
-
-
-
total
-
4 157
-
-
Income
38 500
38 500
38 500
38 500
Total tax
23 677
11 857
14 205
7 413
After tax
14 823
26 643
24 295
31 087
Living cost
37 647
37 647
37 647
37 647
Free-cash
-22 824
-11 004
-13 352
-6 560

Estimated living cost  is ₽37647 per week

₽24591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽6377
₽562
₽483
₽8807
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
983
social contributions
-
-
-
6 007
income
-
-
-
-
total
-
-
-
6 990
Employee
75 402
75 402
75 402
-
income
8 210
6 980
8 193
-
social contributions
2 851
6 258
2 901
-
health
584
1 282
594
-
total
11 645
14 520
11 688
-
Employer
75 402
75 402
75 402
-
social contributions
2 851
6 258
2 901
-
health
635
1 396
646
-
total
3 486
7 654
3 547
-
Corporate
666
-
-
-
income
84
-
-
-
total
84
-
-
-
Dividends
583
-
-
-
withholding
99
-
-
-
total
99
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
15 314
22 174
15 235
6 990
After tax
23 186
16 326
23 265
31 510
Living cost
22 703
22 703
22 703
22 703
Free-cash
483
-6 377
562
8 807

Estimated living cost  is ₽22703 per week

₽13606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2227
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6368
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽16314
₽8385
₽11324
₽10308
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 549
income
-
-
-
2 808
pensions
-
-
-
6 238
unemployment
-
-
-
28
total
-
-
-
12 623
Employee

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

22 508
-
34 903
-
unemployment
112
-
175
-
income
1 539
-
2 572
-
pensions
3 376
-
5 236
-
health
1 913
-
2 966
-
total
6 940
-
10 949
-
Employer

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

22 508
-
34 903
-
unemployment
112
-
175
-
pensions
1 237
-
1 920
-
health
968
-
1 502
-
total
2 317
-
3 597
-
Corporate
13 676
38 500
-
-
income
1 230
3 465
-
-
total
1 230
3 465
-
-
Dividends
12 446
35 035
-
-
withholding
1 120
3 152
-
-
total
1 120
3 152
-
-
Income
38 500
38 500
38 500
38 500
Total tax
11 607
6 617
14 546
12 623
After tax
26 893
31 883
23 954
25 877
Living cost
15 569
15 569
15 569
15 569
Free-cash
11 324
16 314
8 385
10 308

Estimated living cost  is ₽15569 per week

₽9933
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1122
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.
₽4049
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽888
-₽6061
-₽9316
-₽5325
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 310
pensions
-
-
-
10 895
unemployment
-
-
-
270
other
-
-
-
39
accident
-
-
-
346
total
-
-
-
16 860
Employee
36 258
-
28 061
-
unemployment
562
-
508
-
income
6 990
-
5 077
-
pensions
1 705
-
1 539
-
other
35
-
33
-
total
9 292
-
7 157
-
Employer
36 258
-
28 061
-
unemployment
1 995
-
1 801
-
pensions
8 556
-
7 728
-
accident
718
-
648
-
other
290
-
262
-
total
11 559
-
10 439
-
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.

-
5 774
-
-
total
-
5 774
-
-
Dividends
-
32 726
-
-
withholding
-
6 649
-
-
total
-
6 649
-
-
Income
38 500
38 500
38 500
38 500
Total tax
20 851
12 423
17 596
16 860
After tax
17 649
26 077
20 904
21 640
Living cost
26 965
26 965
26 965
26 965
Free-cash
-9 316
-888
-6 061
-5 325

Estimated living cost  is ₽26965 per week

₽18201
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2592
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5700
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽22201
₽22003
₽21901
₽22131
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
964
income
-
-
-
12 252
pensions
-
-
-
1 330
total
-
-
-
14 546
Employee
2 776
-
37 004
-
unemployment
28
-
66
-
income
537
-
12 182
-
pensions
250
-
598
-
health
139
-
332
-
total
954
-
13 178
-
Employer
2 776
-
37 004
-
unemployment
56
-
133
-
pensions
305
-
731
-
health
264
-
632
-
total
625
-
1 496
-
Corporate
35 099
38 500
-
-
income
7 722
8 470
-
-
total
7 722
8 470
-
-
Dividends
27 377
30 030
-
-
withholding
5 475
6 006
-
-
total
5 475
6 006
-
-
Income
38 500
38 500
38 500
38 500
Total tax
14 776
14 476
14 674
14 546
After tax
23 724
24 024
23 826
23 954
Living cost
1 823
1 823
1 823
1 823
Free-cash
21 901
22 201
22 003
22 131

Estimated living cost  is ₽1823 per week

₽1083
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽550
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽10895
₽4287
₽6082
₽2633
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 965
income
-
-
-
4 394
pensions
-
-
-
10 010
unemployment
-
-
-
577
total
-
-
-
18 946
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.

25 516
-
32 655
-
unemployment
191
-
245
-
income
3 517
-
4 947
-
pensions
3 572
-
4 572
-
health
1 314
-
1 682
-
total
8 594
-
11 446
-
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.

25 516
-
32 655
-
unemployment
191
-
245
-
pensions
3 062
-
3 919
-
health
1 314
-
1 682
-
total
4 567
-
5 846
-
Corporate
8 417
38 500
-
-
income
1 263
5 775
-
-
total
1 263
5 775
-
-
Dividends
7 154
32 725
-
-
withholding
1 073
4 909
-
-
total
1 073
4 909
-
-
Income
38 500
38 500
38 500
38 500
Total tax
15 497
10 684
17 292
18 946
After tax
23 003
27 816
21 208
19 554
Living cost
16 921
16 921
16 921
16 921
Free-cash
6 082
10 895
4 287
2 633

Estimated living cost  is ₽16921 per week

₽11393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1309
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3730
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽4538
-₽4421
-₽8597
-₽3757
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
13 379
income
-
-
-
2 442
surtax
-
-
-
-
total
-
-
-
15 821
Employee
38 058
-
31 111
-
surtax
-
-
-
-
income
7 436
-
5 674
-
social contributions
4 187
-
3 422
-
total
11 623
-
9 096
-
Employer
38 058
-
31 111
-
social contributions
9 038
-
7 389
-
total
9 038
-
7 389
-
Corporate
-
38 500
-
-
surtax
-
-
-
-
income
-
8 085
-
-
total
-
8 085
-
-
Dividends
-
30 415
-
-
withholding
-
8 517
-
-
total
-
8 517
-
-
Income
38 500
38 500
38 500
38 500
Total tax
20 661
16 602
16 485
15 821
After tax
17 839
21 898
22 015
22 679
Living cost
26 436
26 436
26 436
26 436
Free-cash
-8 597
-4 538
-4 421
-3 757

Estimated living cost  is ₽26436 per week

₽18724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5408
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8385
-₽13558
-₽23958
-₽12822
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 310
pensions
-
-
-
10 895
unemployment
-
-
-
270
other
-
-
-
39
accident
-
-
-
346
total
-
-
-
16 860
Employee
47 357
-
28 061
-
unemployment
733
-
508
-
income
9 891
-
5 077
-
pensions
2 226
-
1 539
-
other
47
-
33
-
total
12 897
-
7 157
-
Employer
47 357
-
28 061
-
unemployment
2 605
-
1 801
-
pensions
11 176
-
7 728
-
accident
938
-
648
-
other
380
-
262
-
total
15 099
-
10 439
-
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.

-
5 774
-
-
total
-
5 774
-
-
Dividends
-
32 726
-
-
withholding
-
6 649
-
-
total
-
6 649
-
-
Income
38 500
38 500
38 500
38 500
Total tax
27 996
12 423
17 596
16 860
After tax
10 504
26 077
20 904
21 640
Living cost
34 462
34 462
34 462
34 462
Free-cash
-23 958
-8 385
-13 558
-12 822

Estimated living cost  is ₽34462 per week

₽24749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2680
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.
₽6548
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽16198
₽7586
₽10275
₽6940
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 904
income
-
-
-
5 775
pensions

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

-
-
-
5 025
unemployment
-
-
-
136
total
-
-
-
14 840
Employee
22 140
-
32 185
-
income
2 214
-
3 219
-
accident

We are using the highest rate at 1.1%.

243
-
354
-
pensions

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

1 944
-
2 825
-
health
1 019
-
1 481
-
total
5 420
-
7 879
-
Employer
22 140
-
32 185
-
unemployment
133
-
193
-
pensions

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

2 440
-
3 547
-
accident

We are using the highest rate at 1.1%.

243
-
354
-
health
1 528
-
2 221
-
total
4 344
-
6 315
-
Corporate
12 016
38 500
-
-
income
1 201
3 850
-
-
total
1 201
3 850
-
-
Dividends
10 815
34 650
-
-
withholding
540
1 732
-
-
total
540
1 732
-
-
Income
38 500
38 500
38 500
38 500
Total tax
11 505
5 582
14 194
14 840
After tax
26 995
32 918
24 306
23 660
Living cost
16 720
16 720
16 720
16 720
Free-cash
10 275
16 198
7 586
6 940

Estimated living cost  is ₽16720 per week

₽11059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4306
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽17822
-₽7424
-₽10289
-₽7424
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 699
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.

-
-
-
1 297
trade
-
-
-
-
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.

-
-
-
71
total
-
-
-
8 067
Employee

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

48 790
-
38 500
-
surtax

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

221
-
71
-
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.

4 012
-
1 297
-
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.

6 699
-
6 699
-
total
10 932
-
8 067
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
38 500
-
-
trade
-
5 525
-
-
chamber of commerce
-
205
-
-
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
-
-
income
-
5 774
-
-
total
-
11 822
-
-
Dividends
-
26 678
-
-
withholding
-
6 297
-
-
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
-
-
total
-
6 643
-
-
Income
38 500
38 500
38 500
38 500
Total tax
10 932
18 465
8 067
8 067
After tax
27 568
20 035
30 433
30 433
Living cost
37 857
37 857
37 857
37 857
Free-cash
-10 289
-17 822
-7 424
-7 424

Estimated living cost  is ₽37857 per week

₽26115
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4073
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and 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

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
-₽28908
-₽24158
-₽38204
-₽24158
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 630
social contributions
-
-
-
2 170
total
-
-
-
6 800
Employee
76 703
-
38 500
-
social contributions
6 372
-
2 170
-
income
14 474
-
4 630
-
total
20 846
-
6 800
-
Employer
76 703
-
38 500
-
total
-
-
-
-
Corporate
-
38 500
-
-
income
-
4 812
-
-
total
-
4 812
-
-
Dividends
-
33 688
-
-
withholding
-
6 738
-
-
total
-
6 738
-
-
Income
38 500
38 500
38 500
38 500
Total tax
20 846
11 550
6 800
6 800
After tax
17 654
26 950
31 700
31 700
Living cost
55 858
55 858
55 858
55 858
Free-cash
-38 204
-28 908
-24 158
-24 158

Estimated living cost  is ₽55858 per week

₽42496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽14322
-₽6740
-₽13917
-₽31071
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health

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

-
-
-
6 064
income
-
-
-
27 912
total
-
-
-
33 976
Employee
44 983
-
34 992
-
social contributions
4 507
-
3 506
-
income
4 881
-
2 633
-
total
9 388
-
6 139
-
Employer
44 983
-
34 992
-
social contributions
4 507
-
3 506
-
total
4 507
-
3 506
-
Corporate
-
38 500
-
-
income
-
13 474
-
-
total
-
13 474
-
-
Dividends
-
25 026
-
-
social contributions
2 927
3 753
-
-
total
2 927
3 753
-
-
Income
38 500
38 500
38 500
38 500
Total tax
16 822
17 227
9 645
33 976
After tax
21 678
21 273
28 855
4 524
Living cost
35 595
35 595
35 595
35 595
Free-cash
-13 917
-14 322
-6 740
-31 071

Estimated living cost  is ₽35595 per week

₽23446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2806
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽7509
-₽10337
-₽17391
-₽7019
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 335
pensions
-
-
-
1 830
total
-
-
-
9 165
Employee
49 901
-
34 872
-
income
9 087
-
6 505
-
pensions
3 809
-
2 007
-
health
651
-
343
-
total
13 547
-
8 855
-
Employer
49 901
-
34 872
-
pensions
5 042
-
2 966
-
health
948
-
662
-
total
5 990
-
3 628
-
Corporate
-
38 500
-
-
income

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

-
7 316
-
-
total
-
7 316
-
-
Dividends
-
31 184
-
-
withholding
-
2 339
-
-
total
-
2 339
-
-
Income
38 500
38 500
38 500
38 500
Total tax
19 537
9 655
12 483
9 165
After tax
18 963
28 845
26 017
29 335
Living cost
36 354
36 354
36 354
36 354
Free-cash
-17 391
-7 509
-10 337
-7 019

Estimated living cost  is ₽36354 per week

₽24938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3343
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7615
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽20395
-₽3181
-₽6025
₽2498
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 153
income
-
-
-
5 614
pensions
-
-
-
4 107
other
-
-
-
366
accident
-
-
-
249
total
-
-
-
12 489
Employee
36 987
-
31 982
-
income
5 074
-
4 388
-
pensions
4 165
-
3 601
-
health
4 235
-
3 662
-
total
13 474
-
11 651
-
Employer
36 987
-
31 982
-
unemployment
906
-
783
-
pensions
6 014
-
5 200
-
accident
618
-
534
-
total
7 538
-
6 517
-
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
-
732
-
-
total
-
732
-
-
Income
38 500
38 500
38 500
38 500
Total tax
21 012
35 382
18 168
12 489
After tax
17 488
3 118
20 332
26 011
Living cost
23 513
23 513
23 513
23 513
Free-cash
-6 025
-20 395
-3 181
2 498

Estimated living cost  is ₽23513 per week

₽17256
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.
₽4413
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽19493
₽10361
₽14730
₽10361
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
192
income
-
-
-
4 320
health insurance
-
-
-
2 849
pensions
-
-
-
7 084
unemployment
-
-
-
462
total
-
-
-
14 907
Employee

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

21 171
-
38 500
-
unemployment
254
-
462
-
work injury
106
-
192
-
income
2 117
-
4 320
-
health insurance
1 567
-
2 849
-
pensions
3 895
-
7 084
-
total
7 939
-
14 907
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
17 329
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
17 329
38 500
-
-
withholding
2 599
5 775
-
-
total
2 599
5 775
-
-
Income
38 500
38 500
38 500
38 500
Total tax
10 538
5 775
14 907
14 907
After tax
27 962
32 725
23 593
23 593
Living cost
13 232
13 232
13 232
13 232
Free-cash
14 730
19 493
10 361
10 361

Estimated living cost  is ₽13232 per week

₽8197
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽962
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3660
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽18785
-₽20086
-₽44131
-₽17829
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
social contributions
-
-
-
9 901
national
-
-
-
6 606
regional
-
-
-
501
municipal
-
-
-
257
total
-
-
-
17 265
Employee
82 630
-
38 500
-
regional
1 248
-
441
-
national
13 964
-
5 869
-
municipal
493
-
229
-
social contributions
27 862
-
12 983
-
total
43 567
-
19 522
-
Employer
82 630
-
38 500
-
total
-
-
-
-
Corporate
-
38 500
-
-
nationa
-
9 241
-
-
municipal
-
1 855
-
-
total
-
11 096
-
-
Dividends
-
27 404
-
-
withholding
-
7 125
-
-
total
-
7 125
-
-
Income
38 500
38 500
38 500
38 500
Total tax
43 567
18 221
19 522
17 265
After tax
-5 067
20 279
18 978
21 235
Living cost
39 064
39 064
39 064
39 064
Free-cash
-44 131
-18 785
-20 086
-17 829

Estimated living cost  is ₽39064 per week

₽27440
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2687
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8346
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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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