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
-₽8793
₽1916
₽1916
₽1586
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
38 500
income

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

-
-
-
1 663
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.

-
-
-
91
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.

-
-
-
6 410
trade
-
-
-
-
total
-
-
-
8 164
Employee

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

35 888
-
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.

55
-
91
-
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.

1 002
-
1 663
-
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.

6 410
-
6 410
-
total
7 467
-
8 164
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
2 612
38 500
-
-
income
392
5 775
-
-
surtax

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

21
317
-
-
chamber of commerce
146
198
-
-
trade
411
6 063
-
-
total
970
12 353
-
-
Dividends
1 641
26 148
-
-
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.

4
340
-
-
withholding
53
6 180
-
-
total
57
6 520
-
-
Income
38 500
38 500
38 500
38 500
Total tax
8 494
18 873
8 164
8 164
After tax
30 006
19 627
30 336
30 336
Living cost
28 420
28 420
28 420
28 420
Free-cash
1 586
-8 793
1 916
1 916

Estimated living cost  is ₽28420 per week

₽17877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3314
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6699
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽25932
-₽24502
-₽24804
-₽45968
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
social contributions
-
-
-
414
municipal
-
-
-
3 261
national
-
-
-
5 053
pensions
-
-
-
4 620
total
-
-
-
13 348
Employee
77 442
-
33 283
-
municipal
9 565
-
3 410
-
pensions
3 098
-
1 331
-
national
14 822
-
5 284
-
total
27 485
-
10 025
-
Employer
77 442
-
33 283
-
pensions
6 195
-
2 663
-
social contributions
832
-
358
-
total
7 027
-
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
34 512
14 476
13 046
13 348
After tax
3 988
24 024
25 454
25 152
Living cost
49 956
49 956
49 956
49 956
Free-cash
-45 968
-25 932
-24 502
-24 804

Estimated living cost  is ₽49956 per week

₽33955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11280
₽2571
₽10250
₽3582
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

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

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

-
-
-
2 954
microenterprise
-
-
-
5 775
total
-
-
-
8 729
Employee
27 418
-
31 025
-
surtax
-
-
-
-
social contributions

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

3 016
-
3 413
-
income
4 881
-
5 522
-
total
7 897
-
8 935
-
Employer
27 418
-
31 025
-
social contributions

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

6 604
-
7 473
-
surtax
-
-
-
-
total
6 604
-
7 473
-
Corporate
4 478
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%.

896
7 699
-
-
total
896
7 699
-
-
Dividends

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

3 582
30 801
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
15 397
7 699
16 408
8 729
After tax
23 103
30 801
22 092
29 771
Living cost
19 521
19 521
19 521
19 521
Free-cash
3 582
11 280
2 571
10 250

Estimated living cost  is ₽19521 per week

₽12454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽49409
-₽54677
-₽17143
-₽54677
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 496
health
-
-
-
5 910
pensions
-
-
-
6 930
total
-
-
-
16 336
Employee
80 127
80 127
80 127
-
pensions
14 423
10 993
14 423
-
income

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

13 116
13 116
13 116
-
health
12 299
10 461
12 299
-
total
39 838
34 570
39 838
-
Employer
80 127
80 127
80 127
-
health
5 570
5 570
5 570
-
pensions
5 577
5 577
5 577
-
unemployment
2 885
2 885
2 885
-
total
14 032
14 032
14 032
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
53 870
48 602
53 870
16 336
After tax
-15 370
-10 102
-15 370
22 164
Living cost
39 307
39 307
39 307
39 307
Free-cash
-54 677
-49 409
-54 677
-17 143

Estimated living cost  is ₽39307 per week

₽27856
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3543
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16463
-₽16925
-₽18293
-₽31693
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
accident
-
-
-
77
other
-
-
-
4 474
unemployment
-
-
-
39
health
-
-
-
2 402
municipal
-
-
-
8 155
national
-
-
-
-
pensions
-
-
-
4 162
total
-
-
-
19 309
Employee
53 411
-
29 295
-
municipal
15 927
-
8 736
-
national
-
-
-
-
total
15 927
-
8 736
-
Employer
53 411
-
29 295
-
health
3 285
-
1 802
-
pensions
5 774
-
3 167
-
accident
107
-
59
-
unemployment
1 410
-
773
-
other
6 206
-
3 404
-
total
16 782
-
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
32 709
17 479
17 941
19 309
After tax
5 791
21 021
20 559
19 191
Living cost
37 484
37 484
37 484
37 484
Free-cash
-31 693
-16 463
-16 925
-18 293

Estimated living cost  is ₽37484 per week

₽24843
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8394
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17434
-₽6525
-₽6525
-₽9082
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
38 500
income

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

-
-
-
1 663
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.

-
-
-
91
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.

-
-
-
6 410
trade
-
-
-
-
total
-
-
-
8 164
Employee

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

47 583
-
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.

224
-
91
-
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.

4 088
-
1 663
-
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.

6 410
-
6 410
-
total
10 722
-
8 164
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
38 500
-
-
income
-
5 775
-
-
surtax

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

-
317
-
-
chamber of commerce
-
198
-
-
trade
-
6 334
-
-
total
-
12 624
-
-
Dividends
-
25 877
-
-
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.

-
337
-
-
withholding
-
6 113
-
-
total
-
6 450
-
-
Income
38 500
38 500
38 500
38 500
Total tax
10 722
19 074
8 164
8 164
After tax
27 778
19 426
30 336
30 336
Living cost
36 860
36 860
36 860
36 860
Free-cash
-9 082
-17 434
-6 525
-6 525

Estimated living cost  is ₽36860 per week

₽24653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3887
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13151
-₽6771
₽1079
-₽8022
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
income
-
-
-
-
social contributions
-
-
-
6 006
health
-
-
-
981
total
-
-
-
6 987
Employee
72 151
72 151
72 151
-
social contributions
3 506
5 988
2 901
-
income
7 576
6 679
7 794
-
health
718
1 227
595
-
total
11 800
13 894
11 290
-
Employer
72 151
72 151
72 151
-
health
782
1 335
646
-
social contributions
3 506
5 988
2 901
-
total
4 288
7 323
3 547
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
16 088
21 217
14 837
6 987
After tax
22 412
17 283
23 663
31 513
Living cost
30 434
30 434
30 434
30 434
Free-cash
-8 022
-13 151
-6 771
1 079

Estimated living cost  is ₽30434 per week

₽20805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5072
₽5502
₽9854
₽5421
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

24 275
9 661
32 218
-
unemployment
364
145
483
-
pensions
2 428
966
3 222
-
income
2 968
1 181
3 939
-
health
1 699
676
2 255
-
total
7 459
2 968
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.

24 275
9 661
32 218
-
pensions
4 734
1 884
6 282
-
total
4 734
1 884
6 282
-
Corporate
9 491
26 955
-
-
income
854
2 426
-
-
total
854
2 426
-
-
Dividends
8 637
24 529
-
-
social contributions
1 574
4 673
-
-
withholding
1 641
4 660
-
-
total
3 215
9 333
-
-
Income
38 500
38 500
38 500
38 500
Total tax
16 262
16 611
16 181
11 829
After tax
22 238
21 889
22 319
26 671
Living cost
16 817
16 817
16 817
16 817
Free-cash
5 421
5 072
5 502
9 854

Estimated living cost  is ₽16817 per week

₽11476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1376
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8137
₽1431
₽92
₽2306
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 040
health
-
-
-
5 005
pensions
-
-
-
7 699
total
-
-
-
15 744
Employee
26 618
-
28 774
-
unemployment
426
-
461
-
pensions
532
-
575
-
income
2 997
-
3 643
-
total
3 955
-
4 679
-
Employer
26 618
-
28 774
-
health
3 460
-
3 741
-
pensions
5 324
-
5 755
-
unemployment
214
-
230
-
total
8 998
-
9 726
-
Corporate
2 884
38 500
-
-
income
577
7 699
-
-
total
577
7 699
-
-
Dividends
2 307
30 801
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
13 530
7 699
14 405
15 744
After tax
24 970
30 801
24 095
22 756
Living cost
22 664
22 664
22 664
22 664
Free-cash
2 306
8 137
1 431
92

Estimated living cost  is ₽22664 per week

₽15545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5313
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17829
-₽616
₽5263
-₽1167
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
5 657
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
12 289
Employee
32 952
-
31 982
-
pensions
3 710
-
3 601
-
income
4 521
-
4 388
-
health
3 773
-
3 662
-
total
12 004
-
11 651
-
Employer
32 952
-
31 982
-
pensions
5 358
-
5 200
-
accident
550
-
534
-
unemployment
807
-
783
-
total
6 715
-
6 517
-
Corporate
-
38 500
-
-
income

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

-
34 650
-
-
total
-
34 650
-
-
Dividends
-
3 850
-
-
withholding
-
731
-
-
total
-
731
-
-
Income
38 500
38 500
38 500
38 500
Total tax
18 719
35 381
18 168
12 289
After tax
19 781
3 119
20 332
26 211
Living cost
20 948
20 948
20 948
20 948
Free-cash
-1 167
-17 829
-616
5 263

Estimated living cost  is ₽20948 per week

₽15353
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.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3997
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29014
₽23239
₽30554
₽27596
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
38 500
microenterprise

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

-
-
-
385
total
-
-
-
385
Employee
9 450
-
38 500
-
income
1 890
-
7 700
-
total
1 890
-
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%.

29 050
38 500
-
-
total
-
-
-
-
Dividends
29 050
38 500
-
-
withholding
1 453
1 925
-
-
total
1 453
1 925
-
-
Income
38 500
38 500
38 500
38 500
Total tax
3 343
1 925
7 700
385
After tax
35 157
36 575
30 800
38 115
Living cost
7 561
7 561
7 561
7 561
Free-cash
27 596
29 014
23 239
30 554

Estimated living cost  is ₽7561 per week

₽4685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2039
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3282
-₽2438
-₽4154
-₽4153
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
income
-
-
-
4 890
other
-
-
-
1 829
health
-
-
-
1 693
pensions

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

-
-
-
9 240
total
-
-
-
17 652
Employee
34 069
-
30 751
-
unemployment
340
-
308
-
pensions

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

2 384
-
2 153
-
income
5 865
-
5 294
-
health
477
-
431
-
total
9 066
-
8 186
-
Employer
34 069
-
30 751
-
health
477
-
431
-
pensions

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

5 792
-
5 228
-
accident
272
-
246
-
unemployment
340
-
308
-
other
1 704
-
1 537
-
total
8 585
-
7 750
-
Corporate
-
38 500
-
-
income
-
8 086
-
-
total
-
8 086
-
-
Dividends
-
30 414
-
-
withholding
-
2 130
-
-
total
-
2 130
-
-
Income
38 500
38 500
38 500
38 500
Total tax
17 651
10 216
15 936
17 652
After tax
20 849
28 284
22 564
20 848
Living cost
25 002
25 002
25 002
25 002
Free-cash
-4 153
3 282
-2 438
-4 154

Estimated living cost  is ₽25002 per week

₽17665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1688
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽33841
-₽36798
-₽33405
-₽62346
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 320
pensions
-
-
-
1 899
total
-
-
-
9 219
Employee
88 691
-
34 803
-
pensions
8 556
-
2 089
-
income
15 987
-
6 471
-
health
1 461
-
357
-
total
26 004
-
8 917
-
Employer
88 691
-
34 803
-
health
1 684
-
661
-
pensions
10 472
-
3 034
-
total
12 156
-
3 695
-
Corporate
-
38 500
-
-
income

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

-
7 316
-
-
total
-
7 316
-
-
Dividends
-
31 184
-
-
withholding
-
2 339
-
-
total
-
2 339
-
-
Income
38 500
38 500
38 500
38 500
Total tax
38 160
9 655
12 612
9 219
After tax
340
28 845
25 888
29 281
Living cost
62 686
62 686
62 686
62 686
Free-cash
-62 346
-33 841
-36 798
-33 405

Estimated living cost  is ₽62686 per week

₽46972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7840
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽20619
₽12007
₽11677
₽16263
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
income
-
-
-
5 775
unemployment
-
-
-
131
health
-
-
-
3 768
pensions

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

-
-
-
4 850
total
-
-
-
14 524
Employee
16 286
-
32 185
-
accident

We are using the highest rate at 1.1%.

179
-
354
-
pensions

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

1 430
-
2 826
-
income
1 628
-
3 218
-
health
749
-
1 481
-
total
3 986
-
7 879
-
Employer
16 286
-
32 185
-
health
1 124
-
2 221
-
pensions

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

1 795
-
3 547
-
accident

We are using the highest rate at 1.1%.

179
-
354
-
unemployment
97
-
193
-
total
3 195
-
6 315
-
Corporate
19 018
38 500
-
-
income
1 901
3 850
-
-
total
1 901
3 850
-
-
Dividends
17 117
34 650
-
-
withholding
856
1 732
-
-
total
856
1 732
-
-
Income
38 500
38 500
38 500
38 500
Total tax
9 938
5 582
14 194
14 524
After tax
28 562
32 918
24 306
23 976
Living cost
12 299
12 299
12 299
12 299
Free-cash
16 263
20 619
12 007
11 677

Estimated living cost  is ₽12299 per week

₽7181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽62132
-₽67400
-₽29866
-₽63723
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 496
health
-
-
-
5 910
pensions
-
-
-
6 930
total
-
-
-
16 336
Employee
86 993
80 127
80 127
-
pensions
10 993
10 993
14 423
-
income

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

13 116
13 116
13 116
-
health
10 853
10 461
12 299
-
total
34 962
34 570
39 838
-
Employer
86 993
80 127
80 127
-
health
6 045
5 570
5 570
-
pensions
6 054
5 577
5 577
-
unemployment
3 132
2 885
2 885
-
total
15 231
14 032
14 032
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
50 193
48 602
53 870
16 336
After tax
-11 693
-10 102
-15 370
22 164
Living cost
52 030
52 030
52 030
52 030
Free-cash
-63 723
-62 132
-67 400
-29 866

Estimated living cost  is ₽52030 per week

₽38381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3496
-₽3475
-₽4259
-₽6845
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
income
-
-
-
3 309
social contributions
-
-
-
11 242
solidarity contribution
-
-
-
-
health
-
-
-
5 197
total
-
-
-
19 748
Employee
33 839
-
28 731
-
solidarity contribution
-
-
-
-
social contributions
2 200
-
1 868
-
income
4 061
-
3 448
-
health
4 568
-
3 879
-
total
10 829
-
9 195
-
Employer
33 839
-
28 731
-
health
3 045
-
2 586
-
social contributions
8 460
-
7 183
-
total
11 505
-
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
22 334
11 993
18 964
19 748
After tax
16 166
26 507
19 536
18 752
Living cost
23 011
23 011
23 011
23 011
Free-cash
-6 845
3 496
-3 475
-4 259

Estimated living cost  is ₽23011 per week

₽15983
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4938
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19051
-₽20462
-₽18234
-₽44891
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
social contributions
-
-
-
9 902
regional
-
-
-
359
municipal
-
-
-
228
national
-
-
-
6 652
total
-
-
-
17 141
Employee
83 391
-
38 500
-
municipal
442
-
205
-
national
14 450
-
5 869
-
regional
787
-
313
-
social contributions
28 119
-
12 982
-
total
43 798
-
19 369
-
Employer
83 391
-
38 500
-
total
-
-
-
-
Corporate
-
38 500
-
-
municipal
-
1 501
-
-
nationa
-
9 240
-
-
total
-
10 741
-
-
Dividends
-
27 759
-
-
withholding
-
7 217
-
-
total
-
7 217
-
-
Income
38 500
38 500
38 500
38 500
Total tax
43 798
17 958
19 369
17 141
After tax
-5 298
20 542
19 131
21 359
Living cost
39 593
39 593
39 593
39 593
Free-cash
-44 891
-19 051
-20 462
-18 234

Estimated living cost  is ₽39593 per week

₽27599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2596
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8789
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3511
₽506
₽1435
₽592
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
income
-
-
-
5 570
other
-
-
-
-
surtax
-
-
-
142
unemployment
-
-
-
214
health
-
-
-
2 735
pensions
-
-
-
7 699
total
-
-
-
16 360
Employee
31 029
-
31 805
-
other
-
-
-
-
unemployment
2 160
-
2 213
-
pensions
2 069
-
2 121
-
surtax
101
-
116
-
income
5 201
-
5 333
-
health
792
-
810
-
total
10 323
-
10 593
-
Employer
31 029
-
31 805
-
health
1 412
-
1 448
-
pensions
4 136
-
4 240
-
unemployment
983
-
1 008
-
other
-
-
-
-
total
6 531
-
6 696
-
Corporate
940
38 500
-
-
income
244
10 011
-
-
total
244
10 011
-
-
Dividends
696
28 489
-
-
withholding
105
4 273
-
-
total
105
4 273
-
-
Income
38 500
38 500
38 500
38 500
Total tax
17 203
14 284
17 289
16 360
After tax
21 297
24 216
21 211
22 140
Living cost
20 705
20 705
20 705
20 705
Free-cash
592
3 511
506
1 435

Estimated living cost  is ₽20705 per week

₽12660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1911
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5657
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13980
-₽16937
-₽13544
-₽28501
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 320
pensions
-
-
-
1 899
total
-
-
-
9 219
Employee
59 438
-
34 803
-
pensions
5 045
-
2 089
-
income
10 705
-
6 471
-
health
863
-
357
-
total
16 613
-
8 917
-
Employer
59 438
-
34 803
-
health
1 129
-
661
-
pensions
6 434
-
3 034
-
total
7 563
-
3 695
-
Corporate
-
38 500
-
-
income

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

-
7 316
-
-
total
-
7 316
-
-
Dividends
-
31 184
-
-
withholding
-
2 339
-
-
total
-
2 339
-
-
Income
38 500
38 500
38 500
38 500
Total tax
24 176
9 655
12 612
9 219
After tax
14 324
28 845
25 888
29 281
Living cost
42 825
42 825
42 825
42 825
Free-cash
-28 501
-13 980
-16 937
-13 544

Estimated living cost  is ₽42825 per week

₽32084
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7082
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽56481
-₽43864
-₽41172
-₽56458
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
other

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

-
-
-
771
regional
-
-
-
580
health
-
-
-
242
city
-
-
-
403
national
-
-
-
49
pensions
-
-
-
3 541
total
-
-
-
5 586
Employee
86 700
-
34 055
-
unemployment
-
-
-
-
pensions
7 284
-
3 313
-
national
410
-
21
-
regional
2 839
-
438
-
city
930
-
360
-
health
196
-
76
-
total
11 659
-
4 208
-
Employer
86 700
-
34 055
-
health
196
-
76
-
pensions
7 284
-
3 313
-
unemployment
-
-
-
-
other

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

1 733
-
681
-
total
9 213
-
4 070
-
Corporate
-
38 500
-
-
regional
-
8 142
-
-
national
-
3 273
-
-
total
-
11 415
-
-
Dividends
-
27 085
-
-
withholding
-
9 480
-
-
total
-
9 480
-
-
Income
38 500
38 500
38 500
38 500
Total tax
20 872
20 895
8 278
5 586
After tax
17 628
17 605
30 222
32 914
Living cost
74 086
74 086
74 086
74 086
Free-cash
-56 458
-56 481
-43 864
-41 172

Estimated living cost  is ₽74086 per week

₽48177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽910
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18351
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽23753
-₽12648
-₽12648
-₽17890
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
38 500
income

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

-
-
-
1 663
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.

-
-
-
91
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.

-
-
-
6 410
trade
-
-
-
-
total
-
-
-
8 164
Employee

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

56 390
-
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.

365
-
91
-
income

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

6 631
-
1 663
-
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.

6 410
-
6 410
-
total
13 406
-
8 164
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
38 500
-
-
income
-
5 775
-
-
surtax

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

-
317
-
-
chamber of commerce
-
196
-
-
trade
-
6 603
-
-
total
-
12 891
-
-
Dividends
-
25 610
-
-
surtax

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

-
333
-
-
withholding
-
6 045
-
-
total
-
6 378
-
-
Income
38 500
38 500
38 500
38 500
Total tax
13 406
19 269
8 164
8 164
After tax
25 094
19 231
30 336
30 336
Living cost
42 984
42 984
42 984
42 984
Free-cash
-17 890
-23 753
-12 648
-12 648

Estimated living cost  is ₽42984 per week

₽31394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12700
-₽7981
-₽8685
-₽14200
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
954
other
-
-
-
1 193
surtax
-
-
-
-
social contributions
-
-
-
1 097
health
-
-
-
335
pensions
-
-
-
11 503
total
-
-
-
15 082
Employee
40 158
-
29 339
-
pensions
4 541
-
3 319
-
surtax
-
-
-
-
social contributions
1 145
-
837
-
income
2 370
-
1 061
-
total
8 056
-
5 217
-
Employer
40 158
-
29 339
-
health
2 812
-
2 053
-
pensions
6 597
-
4 822
-
unemployment
1 626
-
1 188
-
social contributions
121
-
87
-
other
1 385
-
1 011
-
total
12 541
-
9 161
-
Corporate
-
38 500
-
-
income
-
10 780
-
-
surtax
-
-
-
-
total
-
10 780
-
-
Dividends
-
27 720
-
-
surtax
-
-
-
-
social contributions
-
4 768
-
-
withholding
-
3 549
-
-
total
-
8 317
-
-
Income
38 500
38 500
38 500
38 500
Total tax
20 597
19 097
14 378
15 082
After tax
17 903
19 403
24 122
23 418
Living cost
32 103
32 103
32 103
32 103
Free-cash
-14 200
-12 700
-7 981
-8 685

Estimated living cost  is ₽32103 per week

₽20242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2610
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8705
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9519
-₽4800
-₽5504
-₽8541
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
954
other
-
-
-
1 193
surtax
-
-
-
-
social contributions
-
-
-
1 097
health
-
-
-
335
pensions
-
-
-
11 503
total
-
-
-
15 082
Employee
35 847
-
29 339
-
pensions
4 054
-
3 319
-
surtax
-
-
-
-
social contributions
1 022
-
837
-
income
1 848
-
1 061
-
total
6 924
-
5 217
-
Employer
35 847
-
29 339
-
health
2 509
-
2 053
-
pensions
5 890
-
4 822
-
unemployment
1 451
-
1 188
-
social contributions
107
-
87
-
other
1 238
-
1 011
-
total
11 195
-
9 161
-
Corporate
-
38 500
-
-
income
-
10 780
-
-
surtax
-
-
-
-
total
-
10 780
-
-
Dividends
-
27 720
-
-
surtax
-
-
-
-
social contributions
-
4 768
-
-
withholding
-
3 549
-
-
total
-
8 317
-
-
Income
38 500
38 500
38 500
38 500
Total tax
18 119
19 097
14 378
15 082
After tax
20 381
19 403
24 122
23 418
Living cost
28 922
28 922
28 922
28 922
Free-cash
-8 541
-9 519
-4 800
-5 504

Estimated living cost  is ₽28922 per week

₽16773
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2938
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8663
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3592
₽3759
₽4829
₽2935
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
income
-
-
-
5 775
social contributions
-
-
-
5 313
health
-
-
-
2 687
total
-
-
-
13 775
Employee
31 814
-
38 500
-
social contributions
4 391
-
5 313
-
income
5 306
-
6 845
-
health
2 220
-
2 687
-
total
11 917
-
14 845
-
Employer
31 814
-
38 500
-
total
-
-
-
-
Corporate
6 686
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%.

335
1 925
-
-
total
335
1 925
-
-
Dividends
6 351
36 575
-
-
social contributions
1 636
5 048
-
-
withholding
953
5 486
-
-
health
828
2 553
-
-
total
3 417
13 087
-
-
Income
38 500
38 500
38 500
38 500
Total tax
15 669
15 012
14 845
13 775
After tax
22 831
23 488
23 655
24 725
Living cost
19 896
19 896
19 896
19 896
Free-cash
2 935
3 592
3 759
4 829

Estimated living cost  is ₽19896 per week

₽13315
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1227
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15930
-₽18635
-₽11495
-₽22961
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
773
surtax
-
-
-
185
unemployment
-
-
-
5 755
chamber of commerce
-
-
-
153
health
-
-
-
2 945
pensions
-
-
-
7 122
total
-
-
-
16 933
Employee
46 892
37 393
37 393
-
other
468
374
292
-
unemployment
1 407
1 122
878
-
pensions
4 802
3 828
2 999
-
income
5 338
2 758
3 130
-
health
1 814
1 448
1 134
-
total
13 829
9 530
8 433
-
Employer
46 892
37 393
37 393
-
chamber of commerce
187
150
150
-
health
1 772
1 414
1 108
-
pensions
5 885
4 694
3 675
-
accident
609
486
381
-
unemployment
1 407
1 122
878
-
surtax
185
185
185
-
payroll
1 407
1 122
1 122
-
other
2 228
1 775
1 708
-
total
13 680
10 948
9 207
-
Corporate
3 561
3 561
25 733
-
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.

890
890
6 433
-
total
890
890
6 433
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
28 399
21 368
24 073
16 933
After tax
10 101
17 132
14 427
21 567
Living cost
33 062
33 062
33 062
33 062
Free-cash
-22 961
-15 930
-18 635
-11 495

Estimated living cost  is ₽33062 per week

₽22051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2820
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12417
-₽16669
-₽11514
-₽48154
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
communal

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

-
-
-
2 130
social contributions
-
-
-
3 018
national
-
-
-
10 654
total
-
-
-
15 802
Employee

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

67 117
-
29 818
-
unemployment

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

584
-
260
-
communal

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

3 501
-
1 554
-
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.

5 034
-
2 236
-
national
20 635
-
6 830
-
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.

3 153
-
1 401
-
total
32 907
-
12 281
-
Employer

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

67 117
-
29 818
-
health

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

4 127
-
1 834
-
pensions

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

5 947
-
2 642
-
accident

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

872
-
386
-
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.

979
-
434
-
surtax
7 610
-
3 380
-
total
19 535
-
8 676
-
Corporate
-
38 500
-
-
income
-
7 699
-
-
surtax
-
153
-
-
total
-
7 852
-
-
Dividends
-
30 648
-
-
withholding

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

-
8 853
-
-
total
-
8 853
-
-
Income
38 500
38 500
38 500
38 500
Total tax
52 442
16 705
20 957
15 802
After tax
-13 942
21 795
17 543
22 698
Living cost
34 212
34 212
34 212
34 212
Free-cash
-48 154
-12 417
-16 669
-11 514

Estimated living cost  is ₽34212 per week

₽22037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7820
-₽12624
-₽12296
-₽23094
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 359
other
-
-
-
39
unemployment
-
-
-
269
pensions
-
-
-
10 896
total
-
-
-
16 910
Employee
46 707
-
28 511
-
other
46
-
32
-
unemployment
725
-
486
-
pensions
2 195
-
1 473
-
income
9 855
-
5 257
-
total
12 821
-
7 248
-
Employer
46 707
-
28 511
-
pensions
11 022
-
7 395
-
accident
924
-
620
-
unemployment
2 569
-
1 724
-
other
372
-
251
-
total
14 887
-
9 990
-
Corporate
-
38 500
-
-
income

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

-
5 775
-
-
total
-
5 775
-
-
Dividends
-
32 725
-
-
withholding
-
6 659
-
-
total
-
6 659
-
-
Income
38 500
38 500
38 500
38 500
Total tax
27 708
12 434
17 238
16 910
After tax
10 792
26 066
21 262
21 590
Living cost
33 886
33 886
33 886
33 886
Free-cash
-23 094
-7 820
-12 624
-12 296

Estimated living cost  is ₽33886 per week

₽24953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2404
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6040
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26767
-₽25972
-₽25971
-₽41045
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
communal
-
-
-
-
accident
-
-
-
402
income
-
-
-
654
surtax
-
-
-
1 932
health
-
-
-
3 348
pensions
-
-
-
7 144
total
-
-
-
13 480
Employee
71 057
-
33 164
-
pensions
5 684
-
3 572
-
surtax
4 355
-
1 932
-
income
6 863
-
654
-
health
3 162
-
1 987
-
total
20 064
-
8 145
-
Employer
71 057
-
33 164
-
health
2 167
-
1 362
-
pensions
5 684
-
3 572
-
accident
639
-
402
-
total
8 490
-
5 336
-
Corporate
-
38 500
-
-
communal
-
2 598
-
-
income
-
5 775
-
-
surtax
-
404
-
-
total
-
8 777
-
-
Dividends
-
29 723
-
-
income
-
1 040
-
-
withholding
-
4 459
-
-
total
-
5 499
-
-
Income
38 500
38 500
38 500
38 500
Total tax
28 554
14 276
13 481
13 480
After tax
9 946
24 224
25 019
25 020
Living cost
50 991
50 991
50 991
50 991
Free-cash
-41 045
-26 767
-25 972
-25 971

Estimated living cost  is ₽50991 per week

₽38251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3141
₽136
₽1065
₽158
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
income
-
-
-
5 570
other
-
-
-
-
surtax
-
-
-
142
unemployment
-
-
-
214
health
-
-
-
2 735
pensions
-
-
-
7 699
total
-
-
-
16 360
Employee
31 599
-
31 805
-
other
-
-
-
-
unemployment
2 199
-
2 213
-
pensions
2 108
-
2 121
-
surtax
112
-
116
-
income
5 297
-
5 333
-
health
807
-
810
-
total
10 523
-
10 593
-
Employer
31 599
-
31 805
-
health
1 437
-
1 448
-
pensions
4 213
-
4 240
-
unemployment
1 002
-
1 008
-
other
-
-
-
-
total
6 652
-
6 696
-
Corporate
249
38 500
-
-
income
64
10 011
-
-
total
64
10 011
-
-
Dividends
185
28 489
-
-
withholding
28
4 273
-
-
total
28
4 273
-
-
Income
38 500
38 500
38 500
38 500
Total tax
17 267
14 284
17 289
16 360
After tax
21 233
24 216
21 211
22 140
Living cost
21 075
21 075
21 075
21 075
Free-cash
158
3 141
136
1 065

Estimated living cost  is ₽21075 per week

₽12724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5040
-₽6350
-₽4139
-₽13550
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
social contributions
-
-
-
9 902
regional
-
-
-
581
municipal
-
-
-
228
national
-
-
-
6 652
total
-
-
-
17 363
Employee
52 049
-
38 500
-
municipal
276
-
205
-
national
8 246
-
5 869
-
regional
701
-
518
-
social contributions
17 551
-
12 982
-
total
26 774
-
19 574
-
Employer
52 049
-
38 500
-
total
-
-
-
-
Corporate
-
38 500
-
-
municipal
-
1 914
-
-
nationa
-
9 240
-
-
total
-
11 154
-
-
Dividends
-
27 346
-
-
withholding
-
7 110
-
-
total
-
7 110
-
-
Income
38 500
38 500
38 500
38 500
Total tax
26 774
18 264
19 574
17 363
After tax
11 726
20 236
18 926
21 137
Living cost
25 276
25 276
25 276
25 276
Free-cash
-13 550
-5 040
-6 350
-4 139

Estimated living cost  is ₽25276 per week

₽15719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6563
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1848
-₽8819
-₽9603
-₽17376
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
income
-
-
-
3 309
social contributions
-
-
-
11 242
solidarity contribution
-
-
-
-
health
-
-
-
5 197
total
-
-
-
19 748
Employee
41 699
-
28 731
-
solidarity contribution
-
-
-
-
social contributions
2 710
-
1 868
-
income
5 004
-
3 448
-
health
5 629
-
3 879
-
total
13 343
-
9 195
-
Employer
41 699
-
28 731
-
health
3 753
-
2 586
-
social contributions
10 425
-
7 183
-
total
14 178
-
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
27 521
11 993
18 964
19 748
After tax
10 979
26 507
19 536
18 752
Living cost
28 355
28 355
28 355
28 355
Free-cash
-17 376
-1 848
-8 819
-9 603

Estimated living cost  is ₽28355 per week

₽21087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12618
-₽15413
-₽8183
-₽15209
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
773
surtax
-
-
-
-
unemployment
-
-
-
5 755
chamber of commerce
-
-
-
153
health
-
-
-
2 945
pensions
-
-
-
7 122
total
-
-
-
16 748
Employee
41 016
37 393
37 393
-
other
410
374
294
-
unemployment
1 230
1 122
883
-
pensions
4 200
3 828
3 015
-
income
3 654
2 758
3 120
-
health
1 587
1 448
1 140
-
total
11 081
9 530
8 452
-
Employer
41 016
37 393
37 393
-
chamber of commerce
164
150
150
-
health
1 551
1 414
1 113
-
pensions
5 148
4 694
3 695
-
accident
532
486
383
-
unemployment
1 230
1 122
883
-
surtax
-
-
-
-
payroll
1 230
1 122
1 122
-
other
1 948
1 775
1 709
-
total
11 803
10 763
9 055
-
Corporate
3 561
3 561
25 884
-
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.

890
890
6 471
-
total
890
890
6 471
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
23 774
21 183
23 978
16 748
After tax
14 726
17 317
14 522
21 752
Living cost
29 935
29 935
29 935
29 935
Free-cash
-15 209
-12 618
-15 413
-8 183

Estimated living cost  is ₽29935 per week

₽17957
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24793
₽19018
₽26333
₽22583
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 727
-
38 500
-
income
2 946
-
7 700
-
total
2 946
-
7 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

23 773
38 500
-
-
total
-
-
-
-
Dividends
23 773
38 500
-
-
withholding
1 189
1 925
-
-
total
1 189
1 925
-
-
Income
38 500
38 500
38 500
38 500
Total tax
4 135
1 925
7 700
385
After tax
34 365
36 575
30 800
38 115
Living cost
11 782
11 782
11 782
11 782
Free-cash
22 583
24 793
19 018
26 333

Estimated living cost  is ₽11782 per week

₽7973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽495
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1340
-₽4653
-₽3430
-₽9454
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 887
unemployment
-
-
-
57
health
-
-
-
3 787
pensions
-
-
-
7 032
total
-
-
-
16 763
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.

41 492
-
33 313
-
unemployment
59
-
46
-
pensions
6 432
-
5 164
-
income
7 155
-
5 435
-
health
2 680
-
2 153
-
total
16 326
-
12 798
-
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.

41 492
-
33 313
-
health
2 764
-
2 219
-
pensions
3 672
-
2 949
-
unemployment
25
-
20
-
total
6 461
-
5 188
-
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
22 787
11 993
17 986
16 763
After tax
15 713
26 507
20 514
21 737
Living cost
25 167
25 167
25 167
25 167
Free-cash
-9 454
1 340
-4 653
-3 430

Estimated living cost  is ₽25167 per week

₽17272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1613
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16657
-₽13800
-₽13473
-₽99999
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
57 469
-
498
-
social contributions
4 712
-
672
-
income
12 676
-
-
-
total
17 388
-
672
-
Employer
57 469
-
498
-
social contributions
81 031
-
11 548
-
total
81 031
-
11 548
-
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
98 419
15 077
12 220
11 893
After tax
-59 919
23 423
26 280
26 607
Living cost
40 080
40 080
40 080
40 080
Free-cash
-99 999
-16 657
-13 800
-13 473

Estimated living cost  is ₽40080 per week

₽26005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7535
-₽7514
-₽6803
-₽14904
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 491
surtax
-
-
-
-
social contributions

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

-
-
-
13 380
total
-
-
-
15 871
Employee
43 155
-
31 110
-
surtax
-
-
-
-
social contributions
4 747
-
3 422
-
income
8 976
-
5 770
-
total
13 723
-
9 192
-
Employer
43 155
-
31 110
-
social contributions
10 249
-
7 390
-
total
10 249
-
7 390
-
Corporate
-
38 500
-
-
income
-
8 086
-
-
surtax
-
-
-
-
total
-
8 086
-
-
Dividends
-
30 414
-
-
withholding
-
8 517
-
-
total
-
8 517
-
-
Income
38 500
38 500
38 500
38 500
Total tax
23 972
16 603
16 582
15 871
After tax
14 528
21 897
21 918
22 629
Living cost
29 432
29 432
29 432
29 432
Free-cash
-14 904
-7 535
-7 514
-6 803

Estimated living cost  is ₽29432 per week

₽22021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5183
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽25916
-₽21197
-₽21901
-₽38622
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
954
other
-
-
-
1 193
surtax
-
-
-
-
social contributions
-
-
-
1 097
health
-
-
-
335
pensions
-
-
-
11 503
total
-
-
-
15 082
Employee
58 768
-
29 339
-
pensions
6 647
-
3 319
-
surtax
-
-
-
-
social contributions
1 674
-
837
-
income
5 128
-
1 061
-
total
13 449
-
5 217
-
Employer
58 768
-
29 339
-
health
4 113
-
2 053
-
pensions
9 656
-
4 822
-
unemployment
2 381
-
1 188
-
social contributions
176
-
87
-
other
2 028
-
1 011
-
total
18 354
-
9 161
-
Corporate
-
38 500
-
-
income
-
10 780
-
-
surtax
-
-
-
-
total
-
10 780
-
-
Dividends
-
27 720
-
-
surtax
-
-
-
-
social contributions
-
4 768
-
-
withholding
-
3 549
-
-
total
-
8 317
-
-
Income
38 500
38 500
38 500
38 500
Total tax
31 803
19 097
14 378
15 082
After tax
6 697
19 403
24 122
23 418
Living cost
45 319
45 319
45 319
45 319
Free-cash
-38 622
-25 916
-21 197
-21 901

Estimated living cost  is ₽45319 per week

₽30671
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6445
₽2962
₽1825
₽3294
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
income
-
-
-
-
social contributions
-
-
-
8 470
total
-
-
-
8 470
Employee
30 166
-
33 334
-
income
-
-
-
-
social contributions
1 960
-
2 167
-
total
1 960
-
2 167
-
Employer
30 166
-
33 334
-
social contributions
4 676
-
5 166
-
total
4 676
-
5 166
-
Corporate
3 659
38 500
-
-
income
365
3 850
-
-
total
365
3 850
-
-
Dividends
3 294
34 650
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
7 001
3 850
7 333
8 470
After tax
31 499
34 650
31 167
30 030
Living cost
28 205
28 205
28 205
28 205
Free-cash
3 294
6 445
2 962
1 825

Estimated living cost  is ₽28205 per week

₽18237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2126
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7311
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽165926
-₽165926
-₽19206
-₽165926
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
labour market
-
-
-
3 015
municipal
-
-
-
5 451
national
-
-
-
3 240
pensions
-
-
-
813
total
-
-
-
12 519
Employee
190 722
190 722
190 722
-
municipal
40 613
40 613
40 613
-
labour market
15 236
15 236
15 236
-
pensions
271
271
271
-
national
23 300
23 300
23 300
-
total
79 420
79 420
79 420
-
Employer
190 722
190 722
190 722
-
national
23 341
23 341
23 341
-
labour market
15 258
15 258
15 258
-
pensions
542
542
542
-
municipal
40 678
40 678
40 678
-
total
79 819
79 819
79 819
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
159 239
159 239
159 239
12 519
After tax
-120 739
-120 739
-120 739
25 981
Living cost
45 187
45 187
45 187
45 187
Free-cash
-165 926
-165 926
-165 926
-19 206

Estimated living cost  is ₽45187 per week

₽30926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽695
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17520
-₽307
₽5572
-₽584
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
5 657
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
12 289
Employee
32 466
-
31 982
-
pensions
3 656
-
3 601
-
income
4 454
-
4 388
-
health
3 718
-
3 662
-
total
11 828
-
11 651
-
Employer
32 466
-
31 982
-
pensions
5 279
-
5 200
-
accident
542
-
534
-
unemployment
796
-
783
-
total
6 617
-
6 517
-
Corporate
-
38 500
-
-
income

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

-
34 650
-
-
total
-
34 650
-
-
Dividends
-
3 850
-
-
withholding
-
731
-
-
total
-
731
-
-
Income
38 500
38 500
38 500
38 500
Total tax
18 445
35 381
18 168
12 289
After tax
20 055
3 119
20 332
26 211
Living cost
20 639
20 639
20 639
20 639
Free-cash
-584
-17 520
-307
5 572

Estimated living cost  is ₽20639 per week

₽15023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9381
-₽11744
-₽5038
-₽20183
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
38 500
health
-
-
-
201
municipal
-
-
-
6 895
national
-
-
-
418
total
-
-
-
7 514
Employee
49 366
-
32 389
-
municipal
8 086
-
5 329
-
unemployment
741
-
486
-
pensions
3 332
-
2 187
-
national
816
-
-
-
health
369
-
107
-
total
13 344
-
8 109
-
Employer
49 366
-
32 389
-
health
379
-
249
-
pensions
8 565
-
5 620
-
accident
50
-
32
-
unemployment
321
-
210
-
total
9 315
-
6 111
-
Corporate
-
38 500
-
-
income
-
7 699
-
-
total
-
7 699
-
-
Dividends

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

-
23 100
-
-
municipal
-
4 158
-
-
national
-
-
-
-
total
-
4 158
-
-
Income
38 500
38 500
38 500
38 500
Total tax
22 659
11 857
14 220
7 514
After tax
15 841
26 643
24 280
30 986
Living cost
36 024
36 024
36 024
36 024
Free-cash
-20 183
-9 381
-11 744
-5 038

Estimated living cost  is ₽36024 per week

₽23531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3465
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4441
₽1939
₽9789
₽1669
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
income
-
-
-
-
social contributions
-
-
-
6 006
health
-
-
-
981
total
-
-
-
6 987
Employee
72 151
72 151
72 151
-
social contributions
2 728
5 988
2 901
-
income
7 856
6 679
7 794
-
health
559
1 227
595
-
total
11 143
13 894
11 290
-
Employer
72 151
72 151
72 151
-
health
607
1 335
646
-
social contributions
2 728
5 988
2 901
-
total
3 335
7 323
3 547
-
Corporate
2 298
-
-
-
income
287
-
-
-
total
287
-
-
-
Dividends
2 011
-
-
-
withholding
342
-
-
-
total
342
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
15 107
21 217
14 837
6 987
After tax
23 393
17 283
23 663
31 513
Living cost
21 724
21 724
21 724
21 724
Free-cash
1 669
-4 441
1 939
9 789

Estimated living cost  is ₽21724 per week

₽13020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16985
₽9047
₽11341
₽12212
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 870
unemployment
-
-
-
27
health
-
-
-
3 396
pensions
-
-
-
5 969
total
-
-
-
12 262
Employee

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

21 537
-
34 905
-
unemployment
107
-
174
-
pensions
3 230
-
5 235
-
income
1 473
-
2 587
-
health
1 830
-
2 966
-
total
6 640
-
10 962
-
Employer

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

21 537
-
34 905
-
health
926
-
1 501
-
pensions
1 184
-
1 919
-
unemployment
107
-
174
-
total
2 217
-
3 594
-
Corporate
14 746
38 500
-
-
income
1 327
3 465
-
-
total
1 327
3 465
-
-
Dividends
13 419
35 035
-
-
withholding
1 207
3 153
-
-
total
1 207
3 153
-
-
Income
38 500
38 500
38 500
38 500
Total tax
11 391
6 618
14 556
12 262
After tax
27 109
31 882
23 944
26 238
Living cost
14 897
14 897
14 897
14 897
Free-cash
12 212
16 985
9 047
11 341

Estimated living cost  is ₽14897 per week

₽9505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽264
-₽4540
-₽4212
-₽7255
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 359
other
-
-
-
39
unemployment
-
-
-
269
pensions
-
-
-
10 896
total
-
-
-
16 910
Employee
34 695
-
28 511
-
other
34
-
32
-
unemployment
538
-
486
-
pensions
1 631
-
1 473
-
income
6 689
-
5 257
-
total
8 892
-
7 248
-
Employer
34 695
-
28 511
-
pensions
8 187
-
7 395
-
accident
687
-
620
-
unemployment
1 909
-
1 724
-
other
278
-
251
-
total
11 061
-
9 990
-
Corporate
-
38 500
-
-
income

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

-
5 775
-
-
total
-
5 775
-
-
Dividends
-
32 725
-
-
withholding
-
6 659
-
-
total
-
6 659
-
-
Income
38 500
38 500
38 500
38 500
Total tax
19 953
12 434
17 238
16 910
After tax
18 547
26 066
21 262
21 590
Living cost
25 802
25 802
25 802
25 802
Free-cash
-7 255
264
-4 540
-4 212

Estimated living cost  is ₽25802 per week

₽17416
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2480
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22124
₽21874
₽22009
₽21812
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
income
-
-
-
12 200
health
-
-
-
1 005
pensions
-
-
-
1 386
total
-
-
-
14 591
Employee
2 894
-
36 941
-
unemployment
29
-
69
-
pensions
260
-
624
-
income
560
-
12 127
-
health
145
-
347
-
total
994
-
13 167
-
Employer
2 894
-
36 941
-
health
275
-
658
-
pensions
318
-
762
-
unemployment
58
-
139
-
total
651
-
1 559
-
Corporate
34 954
38 500
-
-
income
7 690
8 470
-
-
total
7 690
8 470
-
-
Dividends
27 264
30 030
-
-
withholding
5 453
6 006
-
-
total
5 453
6 006
-
-
Income
38 500
38 500
38 500
38 500
Total tax
14 788
14 476
14 726
14 591
After tax
23 712
24 024
23 774
23 909
Living cost
1 900
1 900
1 900
1 900
Free-cash
21 812
22 124
21 874
22 009

Estimated living cost  is ₽1900 per week

₽1129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11620
₽4944
₽3288
₽7012
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 463
unemployment
-
-
-
578
health
-
-
-
3 965
pensions
-
-
-
10 010
total
-
-
-
19 016
Employee

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

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

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

24 423
-
32 655
-
unemployment
183
-
245
-
pensions
3 419
-
4 572
-
income
3 367
-
5 015
-
health
1 258
-
1 682
-
total
8 227
-
11 514
-
Employer

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

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

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

24 423
-
32 655
-
health
1 258
-
1 682
-
pensions
2 931
-
3 919
-
unemployment
183
-
245
-
total
4 372
-
5 846
-
Corporate
9 705
38 500
-
-
income
1 456
5 775
-
-
total
1 456
5 775
-
-
Dividends
8 249
32 725
-
-
withholding
1 237
4 909
-
-
total
1 237
4 909
-
-
Income
38 500
38 500
38 500
38 500
Total tax
15 292
10 684
17 360
19 016
After tax
23 208
27 816
21 140
19 484
Living cost
16 196
16 196
16 196
16 196
Free-cash
7 012
11 620
4 944
3 288

Estimated living cost  is ₽16196 per week

₽10905
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3570
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3399
-₽3378
-₽2667
-₽6566
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 491
surtax
-
-
-
-
social contributions

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

-
-
-
13 380
total
-
-
-
15 871
Employee
36 418
-
31 110
-
surtax
-
-
-
-
social contributions
4 006
-
3 422
-
income
7 116
-
5 770
-
total
11 122
-
9 192
-
Employer
36 418
-
31 110
-
social contributions
8 648
-
7 390
-
total
8 648
-
7 390
-
Corporate
-
38 500
-
-
income
-
8 086
-
-
surtax
-
-
-
-
total
-
8 086
-
-
Dividends
-
30 414
-
-
withholding
-
8 517
-
-
total
-
8 517
-
-
Income
38 500
38 500
38 500
38 500
Total tax
19 770
16 603
16 582
15 871
After tax
18 730
21 897
21 918
22 629
Living cost
25 296
25 296
25 296
25 296
Free-cash
-6 566
-3 399
-3 378
-2 667

Estimated living cost  is ₽25296 per week

₽17916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6910
-₽11714
-₽11386
-₽21265
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 359
other
-
-
-
39
unemployment
-
-
-
269
pensions
-
-
-
10 896
total
-
-
-
16 910
Employee
45 316
-
28 511
-
other
45
-
32
-
unemployment
702
-
486
-
pensions
2 130
-
1 473
-
income
9 465
-
5 257
-
total
12 342
-
7 248
-
Employer
45 316
-
28 511
-
pensions
10 694
-
7 395
-
accident
897
-
620
-
unemployment
2 493
-
1 724
-
other
363
-
251
-
total
14 447
-
9 990
-
Corporate
-
38 500
-
-
income

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

-
5 775
-
-
total
-
5 775
-
-
Dividends
-
32 725
-
-
withholding
-
6 659
-
-
total
-
6 659
-
-
Income
38 500
38 500
38 500
38 500
Total tax
26 789
12 434
17 238
16 910
After tax
11 711
26 066
21 262
21 590
Living cost
32 976
32 976
32 976
32 976
Free-cash
-21 265
-6 910
-11 714
-11 386

Estimated living cost  is ₽32976 per week

₽23682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6266
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16781
₽8169
₽7839
₽11062
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
income
-
-
-
5 775
unemployment
-
-
-
131
health
-
-
-
3 768
pensions

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

-
-
-
4 850
total
-
-
-
14 524
Employee
21 368
-
32 185
-
accident

We are using the highest rate at 1.1%.

235
-
354
-
pensions

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

1 876
-
2 826
-
income
2 137
-
3 218
-
health
983
-
1 481
-
total
5 231
-
7 879
-
Employer
21 368
-
32 185
-
health
1 475
-
2 221
-
pensions

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

2 355
-
3 547
-
accident

We are using the highest rate at 1.1%.

235
-
354
-
unemployment
128
-
193
-
total
4 193
-
6 315
-
Corporate
12 940
38 500
-
-
income
1 294
3 850
-
-
total
1 294
3 850
-
-
Dividends
11 645
34 650
-
-
withholding
583
1 732
-
-
total
583
1 732
-
-
Income
38 500
38 500
38 500
38 500
Total tax
11 301
5 582
14 194
14 524
After tax
27 199
32 918
24 306
23 976
Living cost
16 137
16 137
16 137
16 137
Free-cash
11 062
16 781
8 169
7 839

Estimated living cost  is ₽16137 per week

₽10673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16202
-₽5889
-₽5889
-₽8186
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
38 500
income

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

-
-
-
1 663
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.

-
-
-
91
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.

-
-
-
6 410
trade
-
-
-
-
total
-
-
-
8 164
Employee

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

46 686
-
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.

212
-
91
-
income

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

3 839
-
1 663
-
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.

6 410
-
6 410
-
total
10 461
-
8 164
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
38 500
-
-
income
-
5 775
-
-
surtax

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

-
317
-
-
chamber of commerce
-
199
-
-
trade
-
5 525
-
-
total
-
11 816
-
-
Dividends
-
26 684
-
-
surtax

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

-
347
-
-
withholding
-
6 314
-
-
total
-
6 661
-
-
Income
38 500
38 500
38 500
38 500
Total tax
10 461
18 477
8 164
8 164
After tax
28 039
20 023
30 336
30 336
Living cost
36 225
36 225
36 225
36 225
Free-cash
-8 186
-16 202
-5 889
-5 889

Estimated living cost  is ₽36225 per week

₽24989
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3898
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26501
-₽21970
-₽21970
-₽34898
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 761
social contributions
-
-
-
2 259
total
-
-
-
7 020
Employee
73 396
-
38 500
-
income
13 850
-
4 761
-
social contributions
6 098
-
2 259
-
total
19 948
-
7 020
-
Employer
73 396
-
38 500
-
total
-
-
-
-
Corporate
-
38 500
-
-
income
-
4 813
-
-
total
-
4 813
-
-
Dividends
-
33 687
-
-
withholding
-
6 738
-
-
total
-
6 738
-
-
Income
38 500
38 500
38 500
38 500
Total tax
19 948
11 551
7 020
7 020
After tax
18 552
26 949
31 480
31 480
Living cost
53 450
53 450
53 450
53 450
Free-cash
-34 898
-26 501
-21 970
-21 970

Estimated living cost  is ₽53450 per week

₽40664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12791
-₽5433
-₽27957
-₽11659
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 709
health

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

-
-
-
5 687
total
-
-
-
32 396
Employee
43 044
-
34 994
-
income
4 671
-
2 860
-
social contributions
4 313
-
3 506
-
total
8 984
-
6 366
-
Employer
43 044
-
34 994
-
social contributions
4 313
-
3 506
-
total
4 313
-
3 506
-
Corporate
-
38 500
-
-
income
-
13 476
-
-
total
-
13 476
-
-
Dividends
-
25 024
-
-
social contributions
2 801
3 754
-
-
total
2 801
3 754
-
-
Income
38 500
38 500
38 500
38 500
Total tax
16 098
17 230
9 872
32 396
After tax
22 402
21 270
28 628
6 104
Living cost
34 061
34 061
34 061
34 061
Free-cash
-11 659
-12 791
-5 433
-27 957

Estimated living cost  is ₽34061 per week

₽22436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8417
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5970
-₽8927
-₽5534
-₽15025
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 320
pensions
-
-
-
1 899
total
-
-
-
9 219
Employee
47 789
-
34 803
-
pensions
3 648
-
2 089
-
income
8 703
-
6 471
-
health
623
-
357
-
total
12 974
-
8 917
-
Employer
47 789
-
34 803
-
health
908
-
661
-
pensions
4 828
-
3 034
-
total
5 736
-
3 695
-
Corporate
-
38 500
-
-
income

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

-
7 316
-
-
total
-
7 316
-
-
Dividends
-
31 184
-
-
withholding
-
2 339
-
-
total
-
2 339
-
-
Income
38 500
38 500
38 500
38 500
Total tax
18 710
9 655
12 612
9 219
After tax
19 790
28 845
25 888
29 281
Living cost
34 815
34 815
34 815
34 815
Free-cash
-15 025
-5 970
-8 927
-5 534

Estimated living cost  is ₽34815 per week

₽23883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽19563
-₽2350
₽3529
-₽4451
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
5 657
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
12 289
Employee
35 680
-
31 982
-
pensions
4 018
-
3 601
-
income
4 895
-
4 388
-
health
4 085
-
3 662
-
total
12 998
-
11 651
-
Employer
35 680
-
31 982
-
pensions
5 801
-
5 200
-
accident
596
-
534
-
unemployment
874
-
783
-
total
7 271
-
6 517
-
Corporate
-
38 500
-
-
income

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

-
34 650
-
-
total
-
34 650
-
-
Dividends
-
3 850
-
-
withholding
-
731
-
-
total
-
731
-
-
Income
38 500
38 500
38 500
38 500
Total tax
20 269
35 381
18 168
12 289
After tax
18 231
3 119
20 332
26 211
Living cost
22 682
22 682
22 682
22 682
Free-cash
-4 451
-19 563
-2 350
3 529

Estimated living cost  is ₽22682 per week

₽16646
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1322
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20048
₽10806
₽10806
₽15485
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
38 500
income
-
-
-
4 430
unemployment
-
-
-
462
work injury
-
-
-
192
health insurance
-
-
-
2 849
pensions
-
-
-
7 084
total
-
-
-
15 017
Employee

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

20 283
-
38 500
-
health insurance
1 501
-
2 849
-
unemployment
243
-
462
-
work injury
101
-
192
-
pensions
3 732
-
7 084
-
income
2 028
-
4 430
-
total
7 605
-
15 017
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
18 217
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
18 217
38 500
-
-
withholding
2 733
5 775
-
-
total
2 733
5 775
-
-
Income
38 500
38 500
38 500
38 500
Total tax
10 338
5 775
15 017
15 017
After tax
28 162
32 725
23 483
23 483
Living cost
12 677
12 677
12 677
12 677
Free-cash
15 485
20 048
10 806
10 806

Estimated living cost  is ₽12677 per week

₽7853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3507
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17101
-₽18403
-₽16206
-₽40569
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 500
social contributions
-
-
-
9 902
regional
-
-
-
514
municipal
-
-
-
258
national
-
-
-
6 652
total
-
-
-
17 326
Employee
79 067
-
38 500
-
municipal
472
-
230
-
national
13 362
-
5 869
-
regional
1 194
-
442
-
social contributions
26 661
-
12 982
-
total
41 689
-
19 523
-
Employer
79 067
-
38 500
-
total
-
-
-
-
Corporate
-
38 500
-
-
municipal
-
1 855
-
-
nationa
-
9 240
-
-
total
-
11 095
-
-
Dividends
-
27 405
-
-
withholding
-
7 126
-
-
total
-
7 126
-
-
Income
38 500
38 500
38 500
38 500
Total tax
41 689
18 221
19 523
17 326
After tax
-3 189
20 279
18 977
21 174
Living cost
37 380
37 380
37 380
37 380
Free-cash
-40 569
-17 101
-18 403
-16 206

Estimated living cost  is ₽37380 per week

₽26257
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.
₽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.
₽7986
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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