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
-₽11094
-₽320
-₽237
-₽237
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
38 500
trade
-
-
-
-
income

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

-
-
-
1 005
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.

-
-
-
6 934
surtax

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

-
-
-
56
total
-
-
-
7 995
Employee

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

38 820
-
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.

6 934
-
6 934
-
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.

60
-
56
-
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.

1 084
-
1 005
-
total
8 078
-
7 995
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
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.

-
318
-
-
income
-
5 774
-
-
trade
-
6 063
-
-
chamber of commerce
-
210
-
-
total
-
12 365
-
-
Dividends
-
26 135
-
-
surtax

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

-
339
-
-
withholding
-
6 148
-
-
total
-
6 487
-
-
Income
38 500
38 500
38 500
38 500
Total tax
8 078
18 852
7 995
7 995
After tax
30 422
19 648
30 505
30 505
Living cost
30 742
30 742
30 742
30 742
Free-cash
-320
-11 094
-237
-237

Estimated living cost  is ₽30742 per week

₽19338
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3584
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27124
-₽47984
-₽25922
-₽25620
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
municipal
-
-
-
3 232
pensions
-
-
-
4 620
national
-
-
-
5 008
social contributions
-
-
-
414
total
-
-
-
13 274
Employee
79 289
-
33 283
-
municipal
9 793
-
3 381
-
pensions
3 172
-
1 331
-
national
15 176
-
5 239
-
total
28 141
-
9 951
-
Employer
79 289
-
33 283
-
social contributions
852
-
358
-
pensions
6 343
-
2 663
-
total
7 195
-
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
35 336
14 476
12 972
13 274
After tax
3 164
24 024
25 528
25 226
Living cost
51 148
51 148
51 148
51 148
Free-cash
-47 984
-27 124
-25 620
-25 922

Estimated living cost  is ₽51148 per week

₽34765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽766
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9685
₽1360
₽8416
₽977
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
3 195
total
-
-
-
8 969
Employee
29 657
-
31 025
-
social contributions

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

3 263
-
3 413
-
surtax
-
-
-
-
income
5 279
-
5 522
-
total
8 542
-
8 935
-
Employer
29 657
-
31 025
-
social contributions

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

7 144
-
7 473
-
surtax
-
-
-
-
total
7 144
-
7 473
-
Corporate
1 699
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%.

339
7 700
-
-
total
339
7 700
-
-
Dividends

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

1 360
30 800
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
16 025
7 700
16 408
8 969
After tax
22 475
30 800
22 092
29 531
Living cost
21 115
21 115
21 115
21 115
Free-cash
1 360
9 685
977
8 416

Estimated living cost  is ₽21115 per week

₽13471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2011
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
-₽56589
-₽62286
-₽20322
-₽62286
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
income
-
-
-
3 465
pensions
-
-
-
6 930
health
-
-
-
5 909
total
-
-
-
16 304
Employee
86 673
86 673
86 673
-
health
13 303
11 316
13 303
-
income

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

14 187
14 187
14 187
-
pensions
15 601
11 891
15 601
-
total
43 091
37 394
43 091
-
Employer
86 673
86 673
86 673
-
unemployment
3 120
3 120
3 120
-
pensions
6 032
6 032
6 032
-
health
6 025
6 025
6 025
-
total
15 177
15 177
15 177
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
58 268
52 571
58 268
16 304
After tax
-19 768
-14 071
-19 768
22 196
Living cost
42 518
42 518
42 518
42 518
Free-cash
-62 286
-56 589
-62 286
-20 322

Estimated living cost  is ₽42518 per week

₽30131
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽676
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7878
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18117
-₽34790
-₽19946
-₽18579
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
municipal
-
-
-
8 155
accident
-
-
-
77
pensions
-
-
-
4 162
other
-
-
-
4 474
unemployment
-
-
-
38
health
-
-
-
2 402
national
-
-
-
-
total
-
-
-
19 308
Employee
55 768
-
29 295
-
municipal
16 630
-
8 736
-
national
-
-
-
-
total
16 630
-
8 736
-
Employer
55 768
-
29 295
-
accident
112
-
59
-
other
6 480
-
3 404
-
unemployment
1 472
-
773
-
pensions
6 028
-
3 167
-
health
3 430
-
1 802
-
total
17 522
-
9 205
-
Corporate
-
38 500
-
-
income
-
8 470
-
-
total
-
8 470
-
-
Dividends
-
30 030
-
-
withholding
-
9 009
-
-
total
-
9 009
-
-
Income
38 500
38 500
38 500
38 500
Total tax
34 152
17 479
17 941
19 308
After tax
4 348
21 021
20 559
19 192
Living cost
39 138
39 138
39 138
39 138
Free-cash
-34 790
-18 117
-18 579
-19 946

Estimated living cost  is ₽39138 per week

₽25939
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3841
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20420
-₽12970
-₽9366
-₽9366
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
38 500
trade
-
-
-
-
income

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

-
-
-
1 005
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.

-
-
-
6 934
surtax

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

-
-
-
56
total
-
-
-
7 995
Employee

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

51 470
-
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.

6 934
-
6 934
-
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.

243
-
56
-
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.

4 422
-
1 005
-
total
11 599
-
7 995
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
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.

-
318
-
-
income
-
5 774
-
-
trade
-
6 333
-
-
chamber of commerce
-
208
-
-
total
-
12 633
-
-
Dividends
-
25 867
-
-
surtax

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

-
335
-
-
withholding
-
6 081
-
-
total
-
6 416
-
-
Income
38 500
38 500
38 500
38 500
Total tax
11 599
19 049
7 995
7 995
After tax
26 901
19 451
30 505
30 505
Living cost
39 871
39 871
39 871
39 871
Free-cash
-12 970
-20 420
-9 366
-9 366

Estimated living cost  is ₽39871 per week

₽26666
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4205
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8405
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17371
-₽11821
-₽1423
-₽9979
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 584
income
-
-
-
-
health
-
-
-
984
social contributions
-
-
-
6 019
total
-
-
-
7 003
Employee
78 045
78 045
78 045
-
social contributions
3 792
6 477
2 901
-
health
776
1 327
593
-
income
8 195
7 225
8 517
-
total
12 763
15 029
12 011
-
Employer
78 045
78 045
78 045
-
social contributions
3 792
6 477
2 901
-
health
846
1 445
647
-
total
4 638
7 922
3 548
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
17 401
22 951
15 559
7 003
After tax
21 099
15 549
22 941
31 497
Living cost
32 920
32 920
32 920
32 920
Free-cash
-11 821
-17 371
-9 979
-1 423

Estimated living cost  is ₽32920 per week

₽22504
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7292
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3444
₽3829
₽8191
₽3840
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
income
-
-
-
4 707
pensions
-
-
-
3 850
unemployment
-
-
-
578
health
-
-
-
2 695
total
-
-
-
11 830
Employee

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

The minimum wage is 138,000 HUF per month.

26 675
10 616
32 218
-
health
1 867
743
2 255
-
income
3 261
1 298
3 939
-
pensions
2 667
1 062
3 222
-
unemployment
400
159
483
-
total
8 195
3 262
9 899
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 675
10 616
32 218
-
pensions
5 202
2 070
6 282
-
total
5 202
2 070
6 282
-
Corporate
6 624
25 814
-
-
income
596
2 323
-
-
total
596
2 323
-
-
Dividends
6 028
23 490
-
-
social contributions
1 054
4 459
-
-
withholding
1 145
4 463
-
-
total
2 199
8 922
-
-
Income
38 500
38 500
38 500
38 500
Total tax
16 192
16 577
16 181
11 830
After tax
22 308
21 923
22 319
26 670
Living cost
18 479
18 479
18 479
18 479
Free-cash
3 829
3 444
3 840
8 191

Estimated living cost  is ₽18479 per week

₽12610
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3988
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6285
-₽25
-₽1568
-₽13
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
income
-
-
-
2 847
pensions
-
-
-
7 700
health
-
-
-
5 006
total
-
-
-
15 553
Employee
28 793
-
28 773
-
income
3 242
-
3 236
-
pensions
576
-
576
-
unemployment
460
-
460
-
total
4 278
-
4 272
-
Employer
28 793
-
28 773
-
unemployment
231
-
231
-
pensions
5 759
-
5 755
-
health
3 742
-
3 740
-
total
9 732
-
9 726
-
Corporate
-
38 500
-
-
income
-
7 700
-
-
total
-
7 700
-
-
Dividends
-
30 800
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
14 010
7 700
13 998
15 553
After tax
24 490
30 800
24 502
22 947
Living cost
24 515
24 515
24 515
24 515
Free-cash
-25
6 285
-13
-1 568

Estimated living cost  is ₽24515 per week

₽16815
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1460
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5747
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18998
-₽3382
₽3790
-₽1786
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
accident
-
-
-
254
income
-
-
-
5 591
pensions
-
-
-
4 183
other
-
-
-
373
health
-
-
-
2 192
total
-
-
-
12 593
Employee
34 791
-
31 982
-
health
3 984
-
3 662
-
income
4 773
-
4 388
-
pensions
3 918
-
3 601
-
total
12 675
-
11 651
-
Employer
34 791
-
31 982
-
accident
581
-
534
-
unemployment
852
-
784
-
pensions
5 657
-
5 200
-
total
7 090
-
6 518
-
Corporate
-
38 500
-
-
income

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

-
34 650
-
-
total
-
34 650
-
-
Dividends
-
3 850
-
-
withholding
-
731
-
-
total
-
731
-
-
Income
38 500
38 500
38 500
38 500
Total tax
19 765
35 381
18 169
12 593
After tax
18 735
3 119
20 331
25 907
Living cost
22 117
22 117
22 117
22 117
Free-cash
-3 382
-18 998
-1 786
3 790

Estimated living cost  is ₽22117 per week

₽16210
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4221
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27315
₽25579
₽28855
₽21540
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 575
-
38 500
-
income
2 315
-
7 700
-
total
2 315
-
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%.

26 925
38 500
-
-
total
-
-
-
-
Dividends
26 925
38 500
-
-
withholding
1 346
1 925
-
-
total
1 346
1 925
-
-
Income
38 500
38 500
38 500
38 500
Total tax
3 661
1 925
7 700
385
After tax
34 839
36 575
30 800
38 115
Living cost
9 260
9 260
9 260
9 260
Free-cash
25 579
27 315
21 540
28 855

Estimated living cost  is ₽9260 per week

₽5739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1242
-₽7638
-₽6196
-₽4479
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
income
-
-
-
4 890
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
-
-
-
1 828
health
-
-
-
1 695
total
-
-
-
17 652
Employee
36 852
-
30 750
-
health
516
-
431
-
income
6 344
-
5 293
-
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.

2 579
-
2 153
-
unemployment
368
-
308
-
total
9 807
-
8 185
-
Employer
36 852
-
30 750
-
accident
295
-
247
-
other
1 843
-
1 537
-
unemployment
368
-
308
-
pensions

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

6 265
-
5 227
-
health
516
-
431
-
total
9 287
-
7 750
-
Corporate
-
38 500
-
-
income
-
8 086
-
-
total
-
8 086
-
-
Dividends
-
30 414
-
-
withholding
-
2 128
-
-
total
-
2 128
-
-
Income
38 500
38 500
38 500
38 500
Total tax
19 094
10 214
15 935
17 652
After tax
19 406
28 286
22 565
20 848
Living cost
27 044
27 044
27 044
27 044
Free-cash
-7 638
1 242
-4 479
-6 196

Estimated living cost  is ₽27044 per week

₽19108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5674
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽39642
-₽71683
-₽39094
-₽42323
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 350
pensions
-
-
-
1 755
total
-
-
-
9 105
Employee
96 902
-
34 946
-
health
1 597
-
327
-
income
17 468
-
6 540
-
pensions
9 348
-
1 913
-
total
28 413
-
8 780
-
Employer
96 902
-
34 946
-
pensions
11 441
-
2 891
-
health
1 840
-
663
-
total
13 281
-
3 554
-
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.

-
7 314
-
-
total
-
7 314
-
-
Dividends
-
31 186
-
-
withholding
-
2 339
-
-
total
-
2 339
-
-
Income
38 500
38 500
38 500
38 500
Total tax
41 694
9 653
12 334
9 105
After tax
-3 194
28 847
26 166
29 395
Living cost
68 489
68 489
68 489
68 489
Free-cash
-71 683
-39 642
-42 323
-39 094

Estimated living cost  is ₽68489 per week

₽51320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8047
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8566
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽19604
₽14888
₽9942
₽10993
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
income
-
-
-
5 775
pensions

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

-
-
-
5 249
unemployment
-
-
-
142
health
-
-
-
4 079
total
-
-
-
15 245
Employee
17 628
-
32 186
-
health
811
-
1 480
-
accident

We are using the highest rate at 1.1%.

194
-
354
-
income
1 763
-
3 219
-
pensions

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

1 548
-
2 826
-
total
4 316
-
7 879
-
Employer
17 628
-
32 186
-
accident

We are using the highest rate at 1.1%.

194
-
354
-
unemployment
105
-
193
-
pensions

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

1 943
-
3 547
-
health
1 217
-
2 221
-
total
3 459
-
6 315
-
Corporate
17 413
38 500
-
-
income
1 741
3 850
-
-
total
1 741
3 850
-
-
Dividends
15 672
34 650
-
-
withholding
783
1 733
-
-
total
783
1 733
-
-
Income
38 500
38 500
38 500
38 500
Total tax
10 299
5 583
14 194
15 245
After tax
28 201
32 917
24 306
23 255
Living cost
13 313
13 313
13 313
13 313
Free-cash
14 888
19 604
10 993
9 942

Estimated living cost  is ₽13313 per week

₽7772
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽70352
-₽72074
-₽34085
-₽76049
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
income
-
-
-
3 465
pensions
-
-
-
6 930
health
-
-
-
5 909
total
-
-
-
16 304
Employee
94 099
86 673
86 673
-
health
11 739
11 316
13 303
-
income

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

14 187
14 187
14 187
-
pensions
11 891
11 891
15 601
-
total
37 817
37 394
43 091
-
Employer
94 099
86 673
86 673
-
unemployment
3 388
3 120
3 120
-
pensions
6 549
6 032
6 032
-
health
6 539
6 025
6 025
-
total
16 476
15 177
15 177
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
54 293
52 571
58 268
16 304
After tax
-15 793
-14 071
-19 768
22 196
Living cost
56 281
56 281
56 281
56 281
Free-cash
-72 074
-70 352
-76 049
-34 085

Estimated living cost  is ₽56281 per week

₽41516
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5027
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽645
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2176
-₽9446
-₽5579
-₽4795
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
income
-
-
-
3 309
health
-
-
-
5 197
solidarity contribution
-
-
-
-
social contributions
-
-
-
11 242
total
-
-
-
19 748
Employee
35 781
-
28 731
-
social contributions
2 326
-
1 868
-
health
4 830
-
3 879
-
solidarity contribution
-
-
-
-
income
4 294
-
3 448
-
total
11 450
-
9 195
-
Employer
35 781
-
28 731
-
social contributions
8 945
-
7 183
-
health
3 220
-
2 586
-
total
12 165
-
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
23 615
11 993
18 964
19 748
After tax
14 885
26 507
19 536
18 752
Living cost
24 331
24 331
24 331
24 331
Free-cash
-9 446
2 176
-4 795
-5 579

Estimated living cost  is ₽24331 per week

₽16901
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1731
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5221
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22285
-₽51702
-₽21387
-₽23696
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
municipal
-
-
-
229
regional
-
-
-
352
national
-
-
-
6 577
social contributions
-
-
-
9 902
total
-
-
-
17 060
Employee
90 203
-
38 500
-
social contributions
30 416
-
12 982
-
regional
851
-
314
-
municipal
478
-
204
-
national
15 630
-
5 869
-
total
47 375
-
19 369
-
Employer
90 203
-
38 500
-
total
-
-
-
-
Corporate
-
38 500
-
-
nationa
-
9 239
-
-
municipal
-
1 502
-
-
total
-
10 741
-
-
Dividends
-
27 758
-
-
withholding
-
7 217
-
-
total
-
7 217
-
-
Income
38 500
38 500
38 500
38 500
Total tax
47 375
17 958
19 369
17 060
After tax
-8 875
20 542
19 131
21 440
Living cost
42 827
42 827
42 827
42 827
Free-cash
-51 702
-22 285
-23 696
-21 387

Estimated living cost  is ₽42827 per week

₽29854
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽657
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9507
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1819
-₽2128
-₽231
-₽1146
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 566
pensions
-
-
-
7 700
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
2 733
surtax
-
-
-
104
total
-
-
-
16 334
Employee
33 564
-
31 807
-
other
-
-
-
-
health
857
-
811
-
surtax
110
-
79
-
income
5 626
-
5 333
-
pensions
2 238
-
2 121
-
unemployment
2 336
-
2 213
-
total
11 167
-
10 557
-
Employer
33 564
-
31 807
-
other
-
-
-
-
unemployment
1 063
-
1 007
-
pensions
4 474
-
4 239
-
health
1 527
-
1 446
-
total
7 064
-
6 692
-
Corporate
-
38 500
-
-
income
-
10 010
-
-
total
-
10 010
-
-
Dividends
-
28 490
-
-
withholding
-
4 274
-
-
total
-
4 274
-
-
Income
38 500
38 500
38 500
38 500
Total tax
18 231
14 284
17 249
16 334
After tax
20 269
24 216
21 251
22 166
Living cost
22 397
22 397
22 397
22 397
Free-cash
-2 128
1 819
-1 146
-231

Estimated living cost  is ₽22397 per week

₽13694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2067
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6119
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17943
-₽34705
-₽17395
-₽20624
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 350
pensions
-
-
-
1 755
total
-
-
-
9 105
Employee
64 941
-
34 946
-
health
943
-
327
-
income
11 696
-
6 540
-
pensions
5 512
-
1 913
-
total
18 151
-
8 780
-
Employer
64 941
-
34 946
-
pensions
7 030
-
2 891
-
health
1 234
-
663
-
total
8 264
-
3 554
-
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.

-
7 314
-
-
total
-
7 314
-
-
Dividends
-
31 186
-
-
withholding
-
2 339
-
-
total
-
2 339
-
-
Income
38 500
38 500
38 500
38 500
Total tax
26 415
9 653
12 334
9 105
After tax
12 085
28 847
26 166
29 395
Living cost
46 790
46 790
46 790
46 790
Free-cash
-34 705
-17 943
-20 624
-17 395

Estimated living cost  is ₽46790 per week

₽35055
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽59735
-₽60633
-₽44394
-₽47218
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
city
-
-
-
403
pensions
-
-
-
3 542
other

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

-
-
-
771
regional
-
-
-
544
health
-
-
-
252
national
-
-
-
40
total
-
-
-
5 552
Employee
90 510
-
33 989
-
city
971
-
360
-
regional
2 964
-
411
-
health
205
-
75
-
pensions
7 604
-
3 383
-
unemployment
-
-
-
-
national
428
-
10
-
total
12 172
-
4 239
-
Employer
90 510
-
33 989
-
other

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

1 810
-
679
-
unemployment
-
-
-
-
pensions
7 604
-
3 383
-
health
205
-
75
-
total
9 619
-
4 137
-
Corporate
-
38 500
-
-
regional
-
8 142
-
-
national
-
3 272
-
-
total
-
11 414
-
-
Dividends
-
27 086
-
-
withholding
-
9 479
-
-
total
-
9 479
-
-
Income
38 500
38 500
38 500
38 500
Total tax
21 791
20 893
8 376
5 552
After tax
16 709
17 607
30 124
32 948
Living cost
77 342
77 342
77 342
77 342
Free-cash
-60 633
-59 735
-47 218
-44 394

Estimated living cost  is ₽77342 per week

₽50295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6941
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽950
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽27242
-₽22497
-₽15990
-₽15990
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
38 500
trade
-
-
-
-
income

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

-
-
-
1 005
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.

-
-
-
6 934
surtax

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

-
-
-
56
total
-
-
-
7 995
Employee

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

60 997
-
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.

6 934
-
6 934
-
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.

395
-
56
-
income

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

7 173
-
1 005
-
total
14 502
-
7 995
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
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.

-
318
-
-
income
-
5 774
-
-
trade
-
6 603
-
-
chamber of commerce
-
208
-
-
total
-
12 903
-
-
Dividends
-
25 597
-
-
surtax

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

-
331
-
-
withholding
-
6 013
-
-
total
-
6 344
-
-
Income
38 500
38 500
38 500
38 500
Total tax
14 502
19 247
7 995
7 995
After tax
23 998
19 253
30 505
30 505
Living cost
46 495
46 495
46 495
46 495
Free-cash
-22 497
-27 242
-15 990
-15 990

Estimated living cost  is ₽46495 per week

₽33958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15320
-₽18502
-₽11208
-₽10401
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
736
pensions
-
-
-
11 622
other
-
-
-
1 194
health
-
-
-
335
surtax
-
-
-
-
social contributions
-
-
-
1 096
total
-
-
-
14 983
Employee
43 438
-
29 338
-
social contributions
1 238
-
836
-
surtax
-
-
-
-
income
2 564
-
859
-
pensions
4 911
-
3 319
-
total
8 713
-
5 014
-
Employer
43 438
-
29 338
-
other
1 498
-
1 013
-
social contributions
131
-
89
-
unemployment
1 758
-
1 188
-
pensions
7 136
-
4 819
-
health
3 041
-
2 053
-
total
13 564
-
9 162
-
Corporate
-
38 500
-
-
surtax
-
-
-
-
income
-
10 780
-
-
total
-
10 780
-
-
Dividends
-
27 720
-
-
surtax
-
-
-
-
social contributions
-
4 767
-
-
withholding
-
3 548
-
-
total
-
8 315
-
-
Income
38 500
38 500
38 500
38 500
Total tax
22 277
19 095
14 176
14 983
After tax
16 223
19 405
24 324
23 517
Living cost
34 725
34 725
34 725
34 725
Free-cash
-18 502
-15 320
-10 401
-11 208

Estimated living cost  is ₽34725 per week

₽21895
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2824
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽591
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9417
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11879
-₽12385
-₽7767
-₽6960
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
736
pensions
-
-
-
11 622
other
-
-
-
1 194
health
-
-
-
335
surtax
-
-
-
-
social contributions
-
-
-
1 096
total
-
-
-
14 983
Employee
38 775
-
29 338
-
social contributions
1 106
-
836
-
surtax
-
-
-
-
income
1 999
-
859
-
pensions
4 386
-
3 319
-
total
7 491
-
5 014
-
Employer
38 775
-
29 338
-
other
1 339
-
1 013
-
social contributions
116
-
89
-
unemployment
1 570
-
1 188
-
pensions
6 371
-
4 819
-
health
2 714
-
2 053
-
total
12 110
-
9 162
-
Corporate
-
38 500
-
-
surtax
-
-
-
-
income
-
10 780
-
-
total
-
10 780
-
-
Dividends
-
27 720
-
-
surtax
-
-
-
-
social contributions
-
4 767
-
-
withholding
-
3 548
-
-
total
-
8 315
-
-
Income
38 500
38 500
38 500
38 500
Total tax
19 601
19 095
14 176
14 983
After tax
18 899
19 405
24 324
23 517
Living cost
31 284
31 284
31 284
31 284
Free-cash
-12 385
-11 879
-6 960
-7 767

Estimated living cost  is ₽31284 per week

₽18143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9370
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1967
₽634
₽3205
₽2299
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 774
health
-
-
-
2 687
social contributions
-
-
-
5 312
total
-
-
-
13 773
Employee
34 413
-
38 500
-
social contributions
4 750
-
5 312
-
health
2 402
-
2 687
-
income
5 740
-
6 680
-
total
12 892
-
14 679
-
Employer
34 413
-
38 500
-
total
-
-
-
-
Corporate
4 087
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%.

204
1 924
-
-
total
204
1 924
-
-
Dividends
3 883
36 576
-
-
health
896
2 554
-
-
social contributions
1 770
5 048
-
-
withholding
582
5 485
-
-
total
3 248
13 087
-
-
Income
38 500
38 500
38 500
38 500
Total tax
16 344
15 011
14 679
13 773
After tax
22 156
23 489
23 821
24 727
Living cost
21 522
21 522
21 522
21 522
Free-cash
634
1 967
2 299
3 205

Estimated living cost  is ₽21522 per week

₽14403
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1327
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20373
-₽27984
-₽14164
-₽21796
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
154
income
-
-
-
254
pensions
-
-
-
7 123
unemployment
-
-
-
6 225
health
-
-
-
2 945
surtax
-
-
-
200
total
-
-
-
16 901
Employee
50 723
40 447
40 447
-
other
507
404
291
-
health
1 963
1 566
1 127
-
income
5 774
2 983
3 548
-
pensions
5 195
4 141
2 980
-
unemployment
1 522
1 213
873
-
total
14 961
10 307
8 819
-
Employer
50 723
40 447
40 447
-
accident
659
526
378
-
other
2 410
1 920
1 824
-
chamber of commerce
202
162
162
-
unemployment
1 522
1 213
873
-
surtax
200
200
200
-
pensions
6 366
5 077
3 652
-
payroll
1 522
1 213
1 213
-
health
1 916
1 529
1 100
-
total
14 797
11 840
9 402
-
Corporate
3 852
3 852
25 247
-
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.

963
963
6 312
-
total
963
963
6 312
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
30 721
23 110
24 533
16 901
After tax
7 779
15 390
13 967
21 599
Living cost
35 763
35 763
35 763
35 763
Free-cash
-27 984
-20 373
-21 796
-14 164

Estimated living cost  is ₽35763 per week

₽23852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3051
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8272
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15183
-₽55234
-₽13794
-₽19179
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
national
-
-
-
10 531
communal

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

-
-
-
2 153
social contributions
-
-
-
2 604
total
-
-
-
15 288
Employee

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

72 600
-
29 819
-
communal

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

3 787
-
1 554
-
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.

3 411
-
1 402
-
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.

5 445
-
2 236
-
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.

632
-
260
-
national
22 320
-
6 540
-
total
35 595
-
11 992
-
Employer

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

72 600
-
29 819
-
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.

944
-
387
-
unemployment

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

1 059
-
435
-
surtax
8 232
-
3 382
-
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.

6 433
-
2 643
-
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.

4 465
-
1 834
-
total
21 133
-
8 681
-
Corporate
-
38 500
-
-
surtax
-
154
-
-
income
-
7 700
-
-
total
-
7 854
-
-
Dividends
-
30 646
-
-
withholding

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

-
8 823
-
-
total
-
8 823
-
-
Income
38 500
38 500
38 500
38 500
Total tax
56 728
16 677
20 673
15 288
After tax
-18 228
21 823
17 827
23 212
Living cost
37 006
37 006
37 006
37 006
Free-cash
-55 234
-15 183
-19 179
-13 794

Estimated living cost  is ₽37006 per week

₽23837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3236
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9355
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10569
-₽28127
-₽14975
-₽16045
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
accident
-
-
-
347
income
-
-
-
5 269
pensions
-
-
-
10 896
other
-
-
-
39
unemployment
-
-
-
270
total
-
-
-
16 821
Employee
50 522
-
27 695
-
other
50
-
35
-
income
10 660
-
4 932
-
pensions
2 375
-
1 593
-
unemployment
784
-
526
-
total
13 869
-
7 086
-
Employer
50 522
-
27 695
-
accident
1 000
-
670
-
other
403
-
272
-
unemployment
2 779
-
1 864
-
pensions
11 922
-
7 999
-
total
16 104
-
10 805
-
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
-
6 641
-
-
total
-
6 641
-
-
Income
38 500
38 500
38 500
38 500
Total tax
29 973
12 415
17 891
16 821
After tax
8 527
26 085
20 609
21 679
Living cost
36 654
36 654
36 654
36 654
Free-cash
-28 127
-10 569
-16 045
-14 975

Estimated living cost  is ₽36654 per week

₽26992
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6533
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30932
-₽47544
-₽30725
-₽30727
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
accident
-
-
-
435
income
-
-
-
415
pensions
-
-
-
7 727
health
-
-
-
3 621
surtax
-
-
-
1 870
communal
-
-
-
-
total
-
-
-
14 068
Employee
76 861
-
32 728
-
health
3 421
-
2 149
-
surtax
4 711
-
1 870
-
income
7 424
-
415
-
pensions
6 148
-
3 864
-
total
21 704
-
8 298
-
Employer
76 861
-
32 728
-
accident
691
-
435
-
pensions
6 148
-
3 864
-
health
2 344
-
1 473
-
total
9 183
-
5 772
-
Corporate
-
38 500
-
-
surtax
-
404
-
-
communal
-
2 598
-
-
income
-
5 774
-
-
total
-
8 776
-
-
Dividends
-
29 723
-
-
income
-
1 040
-
-
withholding
-
4 459
-
-
total
-
5 499
-
-
Income
38 500
38 500
38 500
38 500
Total tax
30 887
14 275
14 070
14 068
After tax
7 613
24 225
24 430
24 432
Living cost
55 157
55 157
55 157
55 157
Free-cash
-47 544
-30 932
-30 727
-30 725

Estimated living cost  is ₽55157 per week

₽41376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3342
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.
₽9854
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1419
-₽2875
-₽631
-₽1546
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 566
pensions
-
-
-
7 700
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
2 733
surtax
-
-
-
104
total
-
-
-
16 334
Employee
34 180
-
31 807
-
other
-
-
-
-
health
873
-
811
-
surtax
121
-
79
-
income
5 730
-
5 333
-
pensions
2 280
-
2 121
-
unemployment
2 379
-
2 213
-
total
11 383
-
10 557
-
Employer
34 180
-
31 807
-
other
-
-
-
-
unemployment
1 084
-
1 007
-
pensions
4 557
-
4 239
-
health
1 554
-
1 446
-
total
7 195
-
6 692
-
Corporate
-
38 500
-
-
income
-
10 010
-
-
total
-
10 010
-
-
Dividends
-
28 490
-
-
withholding
-
4 274
-
-
total
-
4 274
-
-
Income
38 500
38 500
38 500
38 500
Total tax
18 578
14 284
17 249
16 334
After tax
19 922
24 216
21 251
22 166
Living cost
22 797
22 797
22 797
22 797
Free-cash
-2 875
1 419
-1 546
-631

Estimated living cost  is ₽22797 per week

₽13764
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1982
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7104
-₽17803
-₽6129
-₽8414
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
municipal
-
-
-
229
regional
-
-
-
580
national
-
-
-
6 577
social contributions
-
-
-
9 902
total
-
-
-
17 288
Employee
56 301
-
38 500
-
social contributions
18 985
-
12 982
-
regional
758
-
518
-
municipal
299
-
204
-
national
8 920
-
5 869
-
total
28 962
-
19 573
-
Employer
56 301
-
38 500
-
total
-
-
-
-
Corporate
-
38 500
-
-
nationa
-
9 239
-
-
municipal
-
1 913
-
-
total
-
11 152
-
-
Dividends
-
27 348
-
-
withholding
-
7 111
-
-
total
-
7 111
-
-
Income
38 500
38 500
38 500
38 500
Total tax
28 962
18 263
19 573
17 288
After tax
9 538
20 237
18 927
21 212
Living cost
27 341
27 341
27 341
27 341
Free-cash
-17 803
-7 104
-8 414
-6 129

Estimated living cost  is ₽27341 per week

₽17003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2770
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.
₽7099
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3475
-₽20582
-₽11230
-₽10446
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
income
-
-
-
3 309
health
-
-
-
5 197
solidarity contribution
-
-
-
-
social contributions
-
-
-
11 242
total
-
-
-
19 748
Employee
44 092
-
28 731
-
social contributions
2 866
-
1 868
-
health
5 952
-
3 879
-
solidarity contribution
-
-
-
-
income
5 291
-
3 448
-
total
14 109
-
9 195
-
Employer
44 092
-
28 731
-
social contributions
11 023
-
7 183
-
health
3 968
-
2 586
-
total
14 991
-
9 769
-
Corporate
-
38 500
-
-
income
-
7 315
-
-
total
-
7 315
-
-
Dividends
-
31 185
-
-
withholding
-
4 678
-
-
total
-
4 678
-
-
Income
38 500
38 500
38 500
38 500
Total tax
29 100
11 993
18 964
19 748
After tax
9 400
26 507
19 536
18 752
Living cost
29 982
29 982
29 982
29 982
Free-cash
-20 582
-3 475
-10 446
-11 230

Estimated living cost  is ₽29982 per week

₽22297
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1661
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5506
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16791
-₽19598
-₽10582
-₽18309
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
154
income
-
-
-
254
pensions
-
-
-
7 123
unemployment
-
-
-
6 225
health
-
-
-
2 945
surtax
-
-
-
-
total
-
-
-
16 701
Employee
44 366
40 447
40 447
-
other
443
404
293
-
health
1 716
1 566
1 133
-
income
3 952
2 983
3 538
-
pensions
4 544
4 141
2 997
-
unemployment
1 331
1 213
878
-
total
11 986
10 307
8 839
-
Employer
44 366
40 447
40 447
-
accident
576
526
379
-
other
2 107
1 920
1 826
-
chamber of commerce
177
162
162
-
unemployment
1 331
1 213
878
-
surtax
-
-
-
-
pensions
5 568
5 077
3 673
-
payroll
1 331
1 213
1 213
-
health
1 678
1 529
1 106
-
total
12 768
11 640
9 237
-
Corporate
3 852
3 852
25 410
-
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.

963
963
6 352
-
total
963
963
6 352
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
25 717
22 910
24 428
16 701
After tax
12 783
15 590
14 072
21 799
Living cost
32 381
32 381
32 381
32 381
Free-cash
-19 598
-16 791
-18 309
-10 582

Estimated living cost  is ₽32381 per week

₽19424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9072
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22144
₽19438
₽23684
₽16370
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
18 038
-
38 500
-
income
3 608
-
7 700
-
total
3 608
-
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%.

20 462
38 500
-
-
total
-
-
-
-
Dividends
20 462
38 500
-
-
withholding
1 023
1 925
-
-
total
1 023
1 925
-
-
Income
38 500
38 500
38 500
38 500
Total tax
4 631
1 925
7 700
385
After tax
33 869
36 575
30 800
38 115
Living cost
14 430
14 430
14 430
14 430
Free-cash
19 438
22 144
16 370
23 684

Estimated living cost  is ₽14430 per week

₽9765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽716
-₽13371
-₽5360
-₽6578
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
38 500
income
-
-
-
5 760
pensions
-
-
-
7 030
unemployment
-
-
-
58
health
-
-
-
3 789
total
-
-
-
16 637
Employee

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

44 881
-
33 313
-
health
2 899
-
2 151
-
income
7 740
-
5 307
-
pensions
6 957
-
5 164
-
unemployment
64
-
46
-
total
17 660
-
12 668
-
Employer

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

44 881
-
33 313
-
unemployment
27
-
19
-
pensions
3 972
-
2 949
-
health
2 989
-
2 219
-
total
6 988
-
5 187
-
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
24 648
11 993
17 855
16 637
After tax
13 852
26 507
20 645
21 863
Living cost
27 223
27 223
27 223
27 223
Free-cash
-13 371
-716
-6 578
-5 360

Estimated living cost  is ₽27223 per week

₽18683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20589
-₽113588
-₽17405
-₽19229
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
income
-
-
-
7 504
social contributions
-
-
-
4 389
total
-
-
-
11 893
Employee
63 107
-
2 095
-
social contributions
5 175
-
737
-
income
13 920
-
299
-
total
19 095
-
1 036
-
Employer
63 107
-
2 095
-
social contributions
88 981
-
12 681
-
total
88 981
-
12 681
-
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
108 076
15 077
13 717
11 893
After tax
-69 576
23 423
24 783
26 607
Living cost
44 012
44 012
44 012
44 012
Free-cash
-113 588
-20 589
-19 229
-17 405

Estimated living cost  is ₽44012 per week

₽28557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4139
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10755
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9937
-₽19267
-₽9118
-₽9745
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
38 500
income
-
-
-
2 404
surtax
-
-
-
-
social contributions

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

-
-
-
13 378
total
-
-
-
15 782
Employee
46 680
-
31 112
-
social contributions
5 135
-
3 423
-
surtax
-
-
-
-
income
9 710
-
5 598
-
total
14 845
-
9 021
-
Employer
46 680
-
31 112
-
social contributions
11 086
-
7 388
-
total
11 086
-
7 388
-
Corporate
-
38 500
-
-
surtax
-
-
-
-
income
-
8 086
-
-
total
-
8 086
-
-
Dividends
-
30 414
-
-
withholding
-
8 515
-
-
total
-
8 515
-
-
Income
38 500
38 500
38 500
38 500
Total tax
25 931
16 601
16 409
15 782
After tax
12 569
21 899
22 091
22 718
Living cost
31 836
31 836
31 836
31 836
Free-cash
-19 267
-9 937
-9 745
-9 118

Estimated living cost  is ₽31836 per week

₽23820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1878
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.
₽5607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29616
-₽44921
-₽25504
-₽24697
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
736
pensions
-
-
-
11 622
other
-
-
-
1 194
health
-
-
-
335
surtax
-
-
-
-
social contributions
-
-
-
1 096
total
-
-
-
14 983
Employee
63 568
-
29 338
-
social contributions
1 810
-
836
-
surtax
-
-
-
-
income
5 546
-
859
-
pensions
7 190
-
3 319
-
total
14 546
-
5 014
-
Employer
63 568
-
29 338
-
other
2 194
-
1 013
-
social contributions
191
-
89
-
unemployment
2 575
-
1 188
-
pensions
10 445
-
4 819
-
health
4 449
-
2 053
-
total
19 854
-
9 162
-
Corporate
-
38 500
-
-
surtax
-
-
-
-
income
-
10 780
-
-
total
-
10 780
-
-
Dividends
-
27 720
-
-
surtax
-
-
-
-
social contributions
-
4 767
-
-
withholding
-
3 548
-
-
total
-
8 315
-
-
Income
38 500
38 500
38 500
38 500
Total tax
34 400
19 095
14 176
14 983
After tax
4 100
19 405
24 324
23 517
Living cost
49 021
49 021
49 021
49 021
Free-cash
-44 921
-29 616
-24 697
-25 504

Estimated living cost  is ₽49021 per week

₽33176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4010
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4141
₽731
-₽480
₽658
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
32 630
-
33 334
-
income
-
-
-
-
social contributions
2 121
-
2 167
-
total
2 121
-
2 167
-
Employer
32 630
-
33 334
-
social contributions
5 058
-
5 166
-
total
5 058
-
5 166
-
Corporate
813
38 500
-
-
income
81
3 850
-
-
total
81
3 850
-
-
Dividends
732
34 650
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
7 260
3 850
7 333
8 471
After tax
31 240
34 650
31 167
30 029
Living cost
30 509
30 509
30 509
30 509
Free-cash
731
4 141
658
-480

Estimated living cost  is ₽30509 per week

₽19727
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2300
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7908
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽182640
-₽182640
-₽22617
-₽182640
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
municipal
-
-
-
5 223
pensions
-
-
-
880
national
-
-
-
3 123
labour market
-
-
-
3 010
total
-
-
-
12 236
Employee
206 316
206 316
206 316
-
labour market
16 482
16 482
16 482
-
national
25 205
25 205
25 205
-
municipal
43 934
43 934
43 934
-
pensions
293
293
293
-
total
85 914
85 914
85 914
-
Employer
206 316
206 316
206 316
-
labour market
16 505
16 505
16 505
-
municipal
44 004
44 004
44 004
-
pensions
587
587
587
-
national
25 249
25 249
25 249
-
total
86 345
86 345
86 345
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
172 259
172 259
172 259
12 236
After tax
-133 759
-133 759
-133 759
26 264
Living cost
48 881
48 881
48 881
48 881
Free-cash
-182 640
-182 640
-182 640
-22 617

Estimated living cost  is ₽48881 per week

₽33455
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4324
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10350
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18672
-₽2765
₽4117
-₽1460
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
accident
-
-
-
254
income
-
-
-
5 591
pensions
-
-
-
4 183
other
-
-
-
373
health
-
-
-
2 192
total
-
-
-
12 593
Employee
34 278
-
31 982
-
health
3 925
-
3 662
-
income
4 703
-
4 388
-
pensions
3 860
-
3 601
-
total
12 488
-
11 651
-
Employer
34 278
-
31 982
-
accident
572
-
534
-
unemployment
840
-
784
-
pensions
5 574
-
5 200
-
total
6 986
-
6 518
-
Corporate
-
38 500
-
-
income

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

-
34 650
-
-
total
-
34 650
-
-
Dividends
-
3 850
-
-
withholding
-
731
-
-
total
-
731
-
-
Income
38 500
38 500
38 500
38 500
Total tax
19 474
35 381
18 169
12 593
After tax
19 026
3 119
20 331
25 907
Living cost
21 790
21 790
21 790
21 790
Free-cash
-2 765
-18 672
-1 460
4 117

Estimated living cost  is ₽21790 per week

₽15861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1242
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4278
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12325
-₽24974
-₽7801
-₽14659
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
38 500
municipal
-
-
-
6 899
health
-
-
-
169
national
-
-
-
266
total
-
-
-
7 334
Employee
53 399
-
32 389
-
health
399
-
75
-
municipal
8 746
-
5 335
-
pensions
3 604
-
2 186
-
unemployment
801
-
485
-
national
882
-
-
-
total
14 432
-
8 081
-
Employer
53 399
-
32 389
-
accident
54
-
33
-
unemployment
347
-
210
-
pensions
9 264
-
5 620
-
health
410
-
248
-
total
10 075
-
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
-
-
national
-
-
-
-
municipal
-
4 158
-
-
total
-
4 158
-
-
Income
38 500
38 500
38 500
38 500
Total tax
24 507
11 858
14 192
7 334
After tax
13 993
26 642
24 308
31 166
Living cost
38 967
38 967
38 967
38 967
Free-cash
-24 974
-12 325
-14 659
-7 801

Estimated living cost  is ₽38967 per week

₽25453
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3748
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽620
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7950
-₽661
₽7998
-₽558
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 584
income
-
-
-
-
health
-
-
-
984
social contributions
-
-
-
6 019
total
-
-
-
7 003
Employee
78 045
78 045
78 045
-
social contributions
2 951
6 477
2 901
-
health
605
1 327
593
-
income
8 498
7 225
8 517
-
total
12 054
15 029
12 011
-
Employer
78 045
78 045
78 045
-
social contributions
2 951
6 477
2 901
-
health
657
1 445
647
-
total
3 608
7 922
3 548
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
15 662
22 951
15 559
7 003
After tax
22 838
15 549
22 941
31 497
Living cost
23 499
23 499
23 499
23 499
Free-cash
-661
-7 950
-558
7 998

Estimated living cost  is ₽23499 per week

₽14083
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2305
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15768
₽10602
₽9470
₽7855
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
38 500
income
-
-
-
2 758
pensions
-
-
-
6 456
unemployment
-
-
-
29
health
-
-
-
3 673
total
-
-
-
12 916
Employee

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

23 297
-
34 904
-
health
1 980
-
2 966
-
income
1 593
-
2 560
-
pensions
3 494
-
5 235
-
unemployment
116
-
175
-
total
7 183
-
10 936
-
Employer

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

23 297
-
34 904
-
unemployment
116
-
175
-
pensions
1 281
-
1 920
-
health
1 002
-
1 500
-
total
2 399
-
3 595
-
Corporate
12 805
38 500
-
-
income
1 152
3 465
-
-
total
1 152
3 465
-
-
Dividends
11 654
35 035
-
-
withholding
1 050
3 153
-
-
total
1 050
3 153
-
-
Income
38 500
38 500
38 500
38 500
Total tax
11 784
6 618
14 531
12 916
After tax
26 716
31 882
23 969
25 584
Living cost
16 114
16 114
16 114
16 114
Free-cash
10 602
15 768
7 855
9 470

Estimated living cost  is ₽16114 per week

₽10281
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
-₽1825
-₽10992
-₽6231
-₽7301
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
accident
-
-
-
347
income
-
-
-
5 269
pensions
-
-
-
10 896
other
-
-
-
39
unemployment
-
-
-
270
total
-
-
-
16 821
Employee
37 529
-
27 695
-
other
37
-
35
-
income
7 235
-
4 932
-
pensions
1 764
-
1 593
-
unemployment
582
-
526
-
total
9 618
-
7 086
-
Employer
37 529
-
27 695
-
accident
743
-
670
-
other
300
-
272
-
unemployment
2 065
-
1 864
-
pensions
8 856
-
7 999
-
total
11 964
-
10 805
-
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
-
6 641
-
-
total
-
6 641
-
-
Income
38 500
38 500
38 500
38 500
Total tax
21 582
12 415
17 891
16 821
After tax
16 918
26 085
20 609
21 679
Living cost
27 910
27 910
27 910
27 910
Free-cash
-10 992
-1 825
-7 301
-6 231

Estimated living cost  is ₽27910 per week

₽18839
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2683
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5900
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21237
₽20780
₽20601
₽20403
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 605
pensions
-
-
-
2 033
health
-
-
-
1 474
total
-
-
-
15 112
Employee
4 245
-
36 213
-
health
212
-
508
-
income
821
-
11 498
-
pensions
382
-
915
-
unemployment
42
-
102
-
total
1 457
-
13 023
-
Employer
4 245
-
36 213
-
unemployment
85
-
203
-
pensions
467
-
1 118
-
health
403
-
966
-
total
955
-
2 287
-
Corporate
33 299
38 500
-
-
income
7 326
8 470
-
-
total
7 326
8 470
-
-
Dividends
25 974
30 030
-
-
withholding
5 195
6 006
-
-
total
5 195
6 006
-
-
Income
38 500
38 500
38 500
38 500
Total tax
14 933
14 476
15 310
15 112
After tax
23 567
24 024
23 190
23 388
Living cost
2 787
2 787
2 787
2 787
Free-cash
20 780
21 237
20 403
20 601

Estimated living cost  is ₽2787 per week

₽1656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10256
₽5259
₽2053
₽3708
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
38 500
income
-
-
-
4 334
pensions
-
-
-
10 010
unemployment
-
-
-
577
health
-
-
-
3 966
total
-
-
-
18 887
Employee

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

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

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

26 480
-
32 655
-
health
1 364
-
1 682
-
income
3 650
-
4 887
-
pensions
3 707
-
4 572
-
unemployment
199
-
245
-
total
8 920
-
11 386
-
Employer

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

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

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

26 480
-
32 655
-
unemployment
199
-
245
-
pensions
3 178
-
3 919
-
health
1 364
-
1 682
-
total
4 741
-
5 846
-
Corporate
7 280
38 500
-
-
income
1 092
5 775
-
-
total
1 092
5 775
-
-
Dividends
6 188
32 725
-
-
withholding
928
4 909
-
-
total
928
4 909
-
-
Income
38 500
38 500
38 500
38 500
Total tax
15 681
10 684
17 232
18 887
After tax
22 819
27 816
21 268
19 613
Living cost
17 560
17 560
17 560
17 560
Free-cash
5 259
10 256
3 708
2 053

Estimated living cost  is ₽17560 per week

₽11823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5463
-₽10248
-₽4644
-₽5271
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
38 500
income
-
-
-
2 404
surtax
-
-
-
-
social contributions

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

-
-
-
13 378
total
-
-
-
15 782
Employee
39 393
-
31 112
-
social contributions
4 334
-
3 423
-
surtax
-
-
-
-
income
7 697
-
5 598
-
total
12 031
-
9 021
-
Employer
39 393
-
31 112
-
social contributions
9 355
-
7 388
-
total
9 355
-
7 388
-
Corporate
-
38 500
-
-
surtax
-
-
-
-
income
-
8 086
-
-
total
-
8 086
-
-
Dividends
-
30 414
-
-
withholding
-
8 515
-
-
total
-
8 515
-
-
Income
38 500
38 500
38 500
38 500
Total tax
21 386
16 601
16 409
15 782
After tax
17 114
21 899
22 091
22 718
Living cost
27 362
27 362
27 362
27 362
Free-cash
-10 248
-5 463
-5 271
-4 644

Estimated living cost  is ₽27362 per week

₽19380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9585
-₽26147
-₽13991
-₽15061
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
accident
-
-
-
347
income
-
-
-
5 269
pensions
-
-
-
10 896
other
-
-
-
39
unemployment
-
-
-
270
total
-
-
-
16 821
Employee
49 017
-
27 695
-
other
48
-
35
-
income
10 238
-
4 932
-
pensions
2 304
-
1 593
-
unemployment
759
-
526
-
total
13 349
-
7 086
-
Employer
49 017
-
27 695
-
accident
971
-
670
-
other
393
-
272
-
unemployment
2 696
-
1 864
-
pensions
11 568
-
7 999
-
total
15 628
-
10 805
-
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
-
6 641
-
-
total
-
6 641
-
-
Income
38 500
38 500
38 500
38 500
Total tax
28 977
12 415
17 891
16 821
After tax
9 523
26 085
20 609
21 679
Living cost
35 670
35 670
35 670
35 670
Free-cash
-26 147
-9 585
-15 061
-13 991

Estimated living cost  is ₽35670 per week

₽25617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2774
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15450
₽9262
₽5788
₽6839
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
income
-
-
-
5 775
pensions

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

-
-
-
5 249
unemployment
-
-
-
142
health
-
-
-
4 079
total
-
-
-
15 245
Employee
23 129
-
32 186
-
health
1 064
-
1 480
-
accident

We are using the highest rate at 1.1%.

254
-
354
-
income
2 313
-
3 219
-
pensions

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

2 030
-
2 826
-
total
5 661
-
7 879
-
Employer
23 129
-
32 186
-
accident

We are using the highest rate at 1.1%.

254
-
354
-
unemployment
139
-
193
-
pensions

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

2 549
-
3 547
-
health
1 596
-
2 221
-
total
4 538
-
6 315
-
Corporate
10 833
38 500
-
-
income
1 084
3 850
-
-
total
1 084
3 850
-
-
Dividends
9 750
34 650
-
-
withholding
488
1 733
-
-
total
488
1 733
-
-
Income
38 500
38 500
38 500
38 500
Total tax
11 771
5 583
14 194
15 245
After tax
26 729
32 917
24 306
23 255
Living cost
17 467
17 467
17 467
17 467
Free-cash
9 262
15 450
6 839
5 788

Estimated living cost  is ₽17467 per week

₽11552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19138
-₽12000
-₽8679
-₽8679
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
38 500
trade
-
-
-
-
income

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

-
-
-
1 005
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.

-
-
-
6 934
surtax

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

-
-
-
56
total
-
-
-
7 995
Employee

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

50 500
-
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.

6 934
-
6 934
-
surtax

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

229
-
56
-
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.

4 153
-
1 005
-
total
11 316
-
7 995
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
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.

-
318
-
-
income
-
5 774
-
-
trade
-
5 524
-
-
chamber of commerce
-
210
-
-
total
-
11 826
-
-
Dividends
-
26 674
-
-
surtax

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

-
345
-
-
withholding
-
6 283
-
-
total
-
6 628
-
-
Income
38 500
38 500
38 500
38 500
Total tax
11 316
18 454
7 995
7 995
After tax
27 184
20 046
30 505
30 505
Living cost
39 184
39 184
39 184
39 184
Free-cash
-12 000
-19 138
-8 679
-8 679

Estimated living cost  is ₽39184 per week

₽27030
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4216
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.
₽7369
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30866
-₽40893
-₽25937
-₽25937
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 522
social contributions
-
-
-
2 099
total
-
-
-
6 621
Employee
79 392
-
38 500
-
income
14 981
-
4 522
-
social contributions
6 596
-
2 099
-
total
21 577
-
6 621
-
Employer
79 392
-
38 500
-
total
-
-
-
-
Corporate
-
38 500
-
-
income
-
4 813
-
-
total
-
4 813
-
-
Dividends
-
33 687
-
-
withholding
-
6 737
-
-
total
-
6 737
-
-
Income
38 500
38 500
38 500
38 500
Total tax
21 577
11 550
6 621
6 621
After tax
16 923
26 950
31 879
31 879
Living cost
57 816
57 816
57 816
57 816
Free-cash
-40 893
-30 866
-25 937
-25 937

Estimated living cost  is ₽57816 per week

₽43985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15572
-₽15755
-₽34045
-₽7807
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
38 500
income
-
-
-
28 891
health

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

-
-
-
6 811
total
-
-
-
35 702
Employee
46 560
-
34 993
-
income
5 052
-
2 450
-
social contributions
4 665
-
3 507
-
total
9 717
-
5 957
-
Employer
46 560
-
34 993
-
social contributions
4 665
-
3 507
-
total
4 665
-
3 507
-
Corporate
-
38 500
-
-
income
-
13 475
-
-
total
-
13 475
-
-
Dividends
-
25 025
-
-
social contributions
3 030
3 754
-
-
total
3 030
3 754
-
-
Income
38 500
38 500
38 500
38 500
Total tax
17 412
17 229
9 464
35 702
After tax
21 088
21 271
29 036
2 798
Living cost
36 843
36 843
36 843
36 843
Free-cash
-15 755
-15 572
-7 807
-34 045

Estimated living cost  is ₽36843 per week

₽24268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2904
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.
₽9104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9192
-₽19981
-₽8644
-₽11873
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 350
pensions
-
-
-
1 755
total
-
-
-
9 105
Employee
52 214
-
34 946
-
health
681
-
327
-
income
9 509
-
6 540
-
pensions
3 985
-
1 913
-
total
14 175
-
8 780
-
Employer
52 214
-
34 946
-
pensions
5 275
-
2 891
-
health
992
-
663
-
total
6 267
-
3 554
-
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.

-
7 314
-
-
total
-
7 314
-
-
Dividends
-
31 186
-
-
withholding
-
2 339
-
-
total
-
2 339
-
-
Income
38 500
38 500
38 500
38 500
Total tax
20 442
9 653
12 334
9 105
After tax
18 058
28 847
26 166
29 395
Living cost
38 039
38 039
38 039
38 039
Free-cash
-19 981
-9 192
-11 873
-8 644

Estimated living cost  is ₽38039 per week

₽26094
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3498
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.
₽7968
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽20829
-₽6848
₽1959
-₽3617
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
accident
-
-
-
254
income
-
-
-
5 591
pensions
-
-
-
4 183
other
-
-
-
373
health
-
-
-
2 192
total
-
-
-
12 593
Employee
37 671
-
31 982
-
health
4 313
-
3 662
-
income
5 168
-
4 388
-
pensions
4 242
-
3 601
-
total
13 723
-
11 651
-
Employer
37 671
-
31 982
-
accident
629
-
534
-
unemployment
923
-
784
-
pensions
6 125
-
5 200
-
total
7 677
-
6 518
-
Corporate
-
38 500
-
-
income

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

-
34 650
-
-
total
-
34 650
-
-
Dividends
-
3 850
-
-
withholding
-
731
-
-
total
-
731
-
-
Income
38 500
38 500
38 500
38 500
Total tax
21 400
35 381
18 169
12 593
After tax
17 100
3 119
20 331
25 907
Living cost
23 948
23 948
23 948
23 948
Free-cash
-6 848
-20 829
-3 617
1 959

Estimated living cost  is ₽23948 per week

₽17575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1395
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4495
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽19020
₽14085
₽9980
₽9980
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
193
health insurance
-
-
-
2 849
income
-
-
-
4 227
pensions
-
-
-
7 084
unemployment
-
-
-
462
total
-
-
-
14 815
Employee

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

21 928
-
38 500
-
work injury
110
-
193
-
income
2 193
-
4 227
-
pensions
4 035
-
7 084
-
health insurance
1 623
-
2 849
-
unemployment
263
-
462
-
total
8 224
-
14 815
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
16 572
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
16 572
38 500
-
-
withholding
2 486
5 775
-
-
total
2 486
5 775
-
-
Income
38 500
38 500
38 500
38 500
Total tax
10 710
5 775
14 815
14 815
After tax
27 790
32 725
23 685
23 685
Living cost
13 705
13 705
13 705
13 705
Free-cash
14 085
19 020
9 980
9 980

Estimated living cost  is ₽13705 per week

₽8490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽996
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20153
-₽47026
-₽19165
-₽21454
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
municipal
-
-
-
258
regional
-
-
-
495
national
-
-
-
6 577
social contributions
-
-
-
9 902
total
-
-
-
17 232
Employee
85 526
-
38 500
-
social contributions
28 839
-
12 982
-
regional
1 291
-
441
-
municipal
510
-
229
-
national
14 453
-
5 869
-
total
45 093
-
19 521
-
Employer
85 526
-
38 500
-
total
-
-
-
-
Corporate
-
38 500
-
-
nationa
-
9 239
-
-
municipal
-
1 855
-
-
total
-
11 094
-
-
Dividends
-
27 406
-
-
withholding
-
7 126
-
-
total
-
7 126
-
-
Income
38 500
38 500
38 500
38 500
Total tax
45 093
18 220
19 521
17 232
After tax
-6 593
20 280
18 979
21 268
Living cost
40 433
40 433
40 433
40 433
Free-cash
-47 026
-20 153
-21 454
-19 165

Estimated living cost  is ₽40433 per week

₽28402
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2781
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8638
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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