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
₽ 40500
per

Your estimated
City
free-cash

Dresden , Germany
₽1656
₽1656
₽1388
-₽9638
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
40 500
trade
-
-
-
-
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.

-
-
-
6 831
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.

-
-
-
1 638
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.

-
-
-
89
total
-
-
-
8 558
Employee

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

38 244
-
40 500
-
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.

59
-
89
-
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.

1 068
-
1 638
-
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.

6 831
-
6 831
-
total
7 958
-
8 558
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
2 256
40 500
-
-
trade
355
6 379
-
-
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.

19
334
-
-
income
338
6 076
-
-
chamber of commerce
156
211
-
-
total
868
13 000
-
-
Dividends
1 389
27 500
-
-
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.

-
357
-
-
withholding
-
6 495
-
-
total
-
6 852
-
-
Income
40 500
40 500
40 500
40 500
Total tax
8 826
19 852
8 558
8 558
After tax
31 674
20 648
31 942
31 942
Living cost
30 286
30 286
30 286
30 286
Free-cash
1 388
-9 638
1 656
1 656

Estimated living cost  is ₽30286 per week

₽19051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3531
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7138
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24115
-₽23797
-₽44791
-₽25170
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
40 500
social contributions
-
-
-
435
municipal
-
-
-
3 482
national
-
-
-
5 396
pensions
-
-
-
4 860
total
-
-
-
14 173
Employee
78 195
-
35 012
-
pensions
3 128
-
1 400
-
national
14 966
-
5 639
-
municipal
9 658
-
3 639
-
total
27 752
-
10 678
-
Employer
78 195
-
35 012
-
pensions
6 256
-
2 801
-
social contributions
841
-
376
-
total
7 097
-
3 177
-
Corporate
-
40 500
-
-
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%.

-
8 100
-
-
total
-
8 100
-
-
Dividends
-
32 400
-
-
withholding
-
7 128
-
-
total
-
7 128
-
-
Income
40 500
40 500
40 500
40 500
Total tax
34 849
15 228
13 855
14 173
After tax
5 651
25 272
26 645
26 327
Living cost
50 442
50 442
50 442
50 442
Free-cash
-44 791
-25 170
-23 797
-24 115

Estimated living cost  is ₽50442 per week

₽34285
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽755
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10713
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10474
₽2435
₽3397
₽11598
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
40 500
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.

-
-
-
3 148
income
-
-
-
-
microenterprise
-
-
-
6 076
surtax
-
-
-
-
total
-
-
-
9 224
Employee
29 217
-
32 637
-
income
5 201
-
5 810
-
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.

3 214
-
3 590
-
surtax
-
-
-
-
total
8 415
-
9 400
-
Employer
29 217
-
32 637
-
social contributions

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

7 038
-
7 863
-
surtax
-
-
-
-
total
7 038
-
7 863
-
Corporate
4 245
40 500
-
-
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%.

848
8 100
-
-
total
848
8 100
-
-
Dividends

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

3 397
32 400
-
-
total
-
-
-
-
Income
40 500
40 500
40 500
40 500
Total tax
16 301
8 100
17 263
9 224
After tax
24 199
32 400
23 237
31 276
Living cost
20 802
20 802
20 802
20 802
Free-cash
3 397
11 598
2 435
10 474

Estimated living cost  is ₽20802 per week

₽13271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5078
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18566
-₽58791
-₽58791
-₽53178
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
40 500
health
-
-
-
6 218
income
-
-
-
3 671
pensions
-
-
-
7 290
total
-
-
-
17 179
Employee
85 386
85 386
85 386
-
income

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

13 976
13 976
13 976
-
pensions
15 370
11 715
15 370
-
health
13 106
11 148
13 106
-
total
42 452
36 839
42 452
-
Employer
85 386
85 386
85 386
-
pensions
5 943
5 943
5 943
-
health
5 935
5 935
5 935
-
unemployment
3 074
3 074
3 074
-
total
14 952
14 952
14 952
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
40 500
40 500
40 500
40 500
Total tax
57 404
51 791
57 404
17 179
After tax
-16 904
-11 291
-16 904
23 321
Living cost
41 887
41 887
41 887
41 887
Free-cash
-58 791
-53 178
-58 791
-18 566

Estimated living cost  is ₽41887 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18259
-₽16821
-₽31498
-₽16335
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
40 500
other
-
-
-
4 706
unemployment
-
-
-
41
accident
-
-
-
81
municipal
-
-
-
8 578
health
-
-
-
2 527
national
-
-
-
-
pensions
-
-
-
4 378
total
-
-
-
20 311
Employee
54 785
-
30 817
-
national
-
-
-
-
municipal
16 337
-
9 190
-
total
16 337
-
9 190
-
Employer
54 785
-
30 817
-
pensions
5 922
-
3 331
-
other
6 366
-
3 581
-
accident
110
-
62
-
health
3 369
-
1 895
-
unemployment
1 446
-
814
-
total
17 213
-
9 683
-
Corporate
-
40 500
-
-
income
-
8 910
-
-
total
-
8 910
-
-
Dividends
-
31 590
-
-
withholding
-
9 477
-
-
total
-
9 477
-
-
Income
40 500
40 500
40 500
40 500
Total tax
33 550
18 387
18 873
20 311
After tax
6 950
22 113
21 627
20 189
Living cost
38 448
38 448
38 448
38 448
Free-cash
-31 498
-16 335
-16 821
-18 259

Estimated living cost  is ₽38448 per week

₽25482
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7338
-₽7338
-₽10207
-₽18839
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
40 500
trade
-
-
-
-
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.

-
-
-
6 831
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.

-
-
-
1 638
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.

-
-
-
89
total
-
-
-
8 558
Employee

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

50 706
-
40 500
-
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.

239
-
89
-
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.

4 357
-
1 638
-
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.

6 831
-
6 831
-
total
11 427
-
8 558
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
40 500
-
-
trade
-
6 662
-
-
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.

-
334
-
-
income
-
6 076
-
-
chamber of commerce
-
209
-
-
total
-
13 281
-
-
Dividends
-
27 220
-
-
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.

-
353
-
-
withholding
-
6 425
-
-
total
-
6 778
-
-
Income
40 500
40 500
40 500
40 500
Total tax
11 427
20 059
8 558
8 558
After tax
29 073
20 441
31 942
31 942
Living cost
39 280
39 280
39 280
39 280
Free-cash
-10 207
-18 839
-7 338
-7 338

Estimated living cost  is ₽39280 per week

₽26271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽718
-₽7656
-₽9075
-₽14540
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
40 500
social contributions
-
-
-
6 319
health
-
-
-
1 032
income
-
-
-
-
total
-
-
-
7 351
Employee
76 887
76 887
76 887
-
income
8 074
7 117
8 320
-
social contributions
3 736
6 381
3 051
-
health
765
1 307
624
-
total
12 575
14 805
11 995
-
Employer
76 887
76 887
76 887
-
health
833
1 423
679
-
social contributions
3 736
6 381
3 051
-
total
4 569
7 804
3 730
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
40 500
40 500
40 500
40 500
Total tax
17 144
22 609
15 725
7 351
After tax
23 356
17 891
24 775
33 149
Living cost
32 431
32 431
32 431
32 431
Free-cash
-9 075
-14 540
-7 656
718

Estimated living cost  is ₽32431 per week

₽22170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9820
₽5243
₽5180
₽4801
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
40 500
unemployment
-
-
-
608
health
-
-
-
2 835
income
-
-
-
4 951
pensions
-
-
-
4 050
total
-
-
-
12 444
Employee

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

The minimum wage is 138,000 HUF per month.

26 323
10 476
33 891
-
income
3 218
1 281
4 143
-
pensions
2 632
1 048
3 389
-
unemployment
395
157
508
-
health
1 843
733
2 372
-
total
8 088
3 219
10 412
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 323
10 476
33 891
-
pensions
5 133
2 043
6 609
-
total
5 133
2 043
6 609
-
Corporate
9 044
27 981
-
-
income
814
2 518
-
-
total
814
2 518
-
-
Dividends
8 230
25 463
-
-
social contributions
1 485
4 845
-
-
withholding
1 564
4 838
-
-
total
3 049
9 683
-
-
Income
40 500
40 500
40 500
40 500
Total tax
17 084
17 463
17 021
12 444
After tax
23 416
23 037
23 479
28 056
Living cost
18 236
18 236
18 236
18 236
Free-cash
5 180
4 801
5 243
9 820

Estimated living cost  is ₽18236 per week

₽12444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽166
₽1264
₽2039
₽8249
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
40 500
health
-
-
-
5 265
income
-
-
-
3 150
pensions
-
-
-
8 100
total
-
-
-
16 515
Employee
28 365
-
30 269
-
income
3 193
-
3 765
-
pensions
567
-
605
-
unemployment
453
-
484
-
total
4 213
-
4 854
-
Employer
28 365
-
30 269
-
pensions
5 673
-
6 053
-
health
3 687
-
3 935
-
unemployment
228
-
243
-
total
9 588
-
10 231
-
Corporate
2 547
40 500
-
-
income
509
8 100
-
-
total
509
8 100
-
-
Dividends
2 038
32 400
-
-
total
-
-
-
-
Income
40 500
40 500
40 500
40 500
Total tax
14 310
8 100
15 085
16 515
After tax
26 190
32 400
25 415
23 985
Living cost
24 151
24 151
24 151
24 151
Free-cash
2 039
8 249
1 264
-166

Estimated living cost  is ₽24151 per week

₽16565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5662
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5691
-₽528
-₽997
-₽18633
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
40 500
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
5 957
pensions
-
-
-
4 145
total
-
-
-
12 895
Employee
34 472
-
33 643
-
income
4 729
-
4 616
-
pensions
3 882
-
3 789
-
health
3 947
-
3 852
-
total
12 558
-
12 257
-
Employer
34 472
-
33 643
-
pensions
5 605
-
5 471
-
accident
575
-
562
-
unemployment
845
-
824
-
total
7 025
-
6 857
-
Corporate
-
40 500
-
-
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.

-
36 450
-
-
total
-
36 450
-
-
Dividends
-
4 050
-
-
withholding
-
769
-
-
total
-
769
-
-
Income
40 500
40 500
40 500
40 500
Total tax
19 583
37 219
19 114
12 895
After tax
20 917
3 281
21 386
27 605
Living cost
21 914
21 914
21 914
21 914
Free-cash
-997
-18 633
-528
5 691

Estimated living cost  is ₽21914 per week

₽16061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1214
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.
₽4182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31084
₽23389
₽27775
₽29464
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
40 500
microenterprise

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

-
-
-
405
total
-
-
-
405
Employee
11 263
-
40 500
-
income
2 252
-
8 100
-
total
2 252
-
8 100
-
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%.

29 237
40 500
-
-
total
-
-
-
-
Dividends
29 237
40 500
-
-
withholding
1 462
2 025
-
-
total
1 462
2 025
-
-
Income
40 500
40 500
40 500
40 500
Total tax
3 714
2 025
8 100
405
After tax
36 786
38 475
32 400
40 095
Living cost
9 011
9 011
9 011
9 011
Free-cash
27 775
29 464
23 389
31 084

Estimated living cost  is ₽9011 per week

₽5584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4714
-₽2904
-₽4954
₽3114
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
40 500
other
-
-
-
1 924
health
-
-
-
1 782
income
-
-
-
5 144
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.

-
-
-
9 721
total
-
-
-
18 571
Employee
36 305
-
32 348
-
income
6 250
-
5 569
-
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.

2 541
-
2 264
-
unemployment
362
-
323
-
health
509
-
453
-
total
9 662
-
8 609
-
Employer
36 305
-
32 348
-
pensions

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

6 172
-
5 499
-
other
1 816
-
1 619
-
accident
290
-
258
-
health
509
-
453
-
unemployment
362
-
323
-
total
9 149
-
8 152
-
Corporate
-
40 500
-
-
income
-
8 504
-
-
total
-
8 504
-
-
Dividends
-
31 996
-
-
withholding
-
2 239
-
-
total
-
2 239
-
-
Income
40 500
40 500
40 500
40 500
Total tax
18 811
10 743
16 761
18 571
After tax
21 689
29 757
23 739
21 929
Living cost
26 643
26 643
26 643
26 643
Free-cash
-4 954
3 114
-2 904
-4 714

Estimated living cost  is ₽26643 per week

₽18825
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1799
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽36427
-₽39960
-₽67695
-₽36909
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
40 500
income
-
-
-
7 707
pensions
-
-
-
1 967
total
-
-
-
9 674
Employee
95 153
-
36 644
-
income
17 152
-
6 823
-
pensions
9 180
-
2 159
-
health
1 568
-
370
-
total
27 900
-
9 352
-
Employer
95 153
-
36 644
-
pensions
11 235
-
3 160
-
health
1 807
-
695
-
total
13 042
-
3 855
-
Corporate
-
40 500
-
-
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.

-
7 696
-
-
total
-
7 696
-
-
Dividends
-
32 804
-
-
withholding
-
2 460
-
-
total
-
2 460
-
-
Income
40 500
40 500
40 500
40 500
Total tax
40 942
10 156
13 207
9 674
After tax
-442
30 344
27 293
30 826
Living cost
67 253
67 253
67 253
67 253
Free-cash
-67 695
-36 909
-39 960
-36 427

Estimated living cost  is ₽67253 per week

₽50394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7902
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.
₽8411
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽11994
₽12463
₽16876
₽21520
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
40 500
unemployment
-
-
-
140
health
-
-
-
4 016
income
-
-
-
6 075
pensions

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

-
-
-
5 168
total
-
-
-
15 399
Employee
17 356
-
33 857
-
income
1 735
-
3 385
-
pensions

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

1 524
-
2 973
-
health
798
-
1 558
-
accident

We are using the highest rate at 1.1%.

191
-
372
-
total
4 248
-
8 288
-
Employer
17 356
-
33 857
-
pensions

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

1 913
-
3 731
-
accident

We are using the highest rate at 1.1%.

191
-
372
-
health
1 198
-
2 336
-
unemployment
104
-
203
-
total
3 406
-
6 642
-
Corporate
19 738
40 500
-
-
income
1 974
4 050
-
-
total
1 974
4 050
-
-
Dividends
17 764
36 450
-
-
withholding
889
1 823
-
-
total
889
1 823
-
-
Income
40 500
40 500
40 500
40 500
Total tax
10 517
5 873
14 930
15 399
After tax
29 983
34 627
25 570
25 101
Living cost
13 107
13 107
13 107
13 107
Free-cash
16 876
21 520
12 463
11 994

Estimated living cost  is ₽13107 per week

₽7652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽32124
-₽72349
-₽68432
-₽66736
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
40 500
health
-
-
-
6 218
income
-
-
-
3 671
pensions
-
-
-
7 290
total
-
-
-
17 179
Employee
92 702
85 386
85 386
-
income

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

13 976
13 976
13 976
-
pensions
11 715
11 715
15 370
-
health
11 565
11 148
13 106
-
total
37 256
36 839
42 452
-
Employer
92 702
85 386
85 386
-
pensions
6 451
5 943
5 943
-
health
6 442
5 935
5 935
-
unemployment
3 338
3 074
3 074
-
total
16 231
14 952
14 952
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
40 500
40 500
40 500
40 500
Total tax
53 487
51 791
57 404
17 179
After tax
-12 987
-11 291
-16 904
23 321
Living cost
55 445
55 445
55 445
55 445
Free-cash
-68 432
-66 736
-72 349
-32 124

Estimated living cost  is ₽55445 per week

₽40900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8958
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4287
-₽3460
-₽6817
₽3872
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
40 500
social contributions
-
-
-
11 826
health
-
-
-
5 468
income
-
-
-
3 481
solidarity contribution
-
-
-
-
total
-
-
-
20 775
Employee
35 311
-
30 224
-
income
4 237
-
3 627
-
solidarity contribution
-
-
-
-
social contributions
2 295
-
1 965
-
health
4 767
-
4 080
-
total
11 299
-
9 672
-
Employer
35 311
-
30 224
-
health
3 178
-
2 720
-
social contributions
8 828
-
7 556
-
total
12 006
-
10 276
-
Corporate
-
40 500
-
-
income
-
7 695
-
-
total
-
7 695
-
-
Dividends
-
32 805
-
-
withholding
-
4 921
-
-
total
-
4 921
-
-
Income
40 500
40 500
40 500
40 500
Total tax
23 305
12 616
19 948
20 775
After tax
17 195
27 884
20 552
19 725
Living cost
24 012
24 012
24 012
24 012
Free-cash
-6 817
3 872
-3 460
-4 287

Estimated living cost  is ₽24012 per week

₽16679
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19710
-₽22066
-₽48364
-₽20584
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
40 500
social contributions
-
-
-
10 417
municipal
-
-
-
241
national
-
-
-
6 985
regional
-
-
-
375
total
-
-
-
18 018
Employee
88 864
-
40 500
-
national
15 398
-
6 174
-
social contributions
29 965
-
13 656
-
municipal
471
-
214
-
regional
838
-
330
-
total
46 672
-
20 374
-
Employer
88 864
-
40 500
-
total
-
-
-
-
Corporate
-
40 500
-
-
nationa
-
9 721
-
-
municipal
-
1 579
-
-
total
-
11 300
-
-
Dividends
-
29 201
-
-
withholding
-
7 592
-
-
total
-
7 592
-
-
Income
40 500
40 500
40 500
40 500
Total tax
46 672
18 892
20 374
18 018
After tax
-6 172
21 608
20 126
22 482
Living cost
42 192
42 192
42 192
42 192
Free-cash
-48 364
-20 584
-22 066
-19 710

Estimated living cost  is ₽42192 per week

₽29411
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2767
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9366
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1228
₽256
₽298
₽3412
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
40 500
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
2 877
income
-
-
-
5 859
surtax
-
-
-
144
pensions
-
-
-
8 100
total
-
-
-
17 208
Employee
33 066
-
33 457
-
income
5 543
-
5 609
-
pensions
2 205
-
2 231
-
unemployment
2 302
-
2 328
-
health
844
-
854
-
other
-
-
-
-
surtax
108
-
116
-
total
11 002
-
11 138
-
Employer
33 066
-
33 457
-
pensions
4 408
-
4 459
-
other
-
-
-
-
health
1 505
-
1 522
-
unemployment
1 047
-
1 061
-
total
6 960
-
7 042
-
Corporate
474
40 500
-
-
income
123
10 529
-
-
total
123
10 529
-
-
Dividends
351
29 971
-
-
withholding
53
4 495
-
-
total
53
4 495
-
-
Income
40 500
40 500
40 500
40 500
Total tax
18 138
15 024
18 180
17 208
After tax
22 362
25 476
22 320
23 292
Living cost
22 064
22 064
22 064
22 064
Free-cash
298
3 412
256
1 228

Estimated living cost  is ₽22064 per week

₽13491
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2036
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15120
-₽18653
-₽31384
-₽15602
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
40 500
income
-
-
-
7 707
pensions
-
-
-
1 967
total
-
-
-
9 674
Employee
63 769
-
36 644
-
income
11 485
-
6 823
-
pensions
5 413
-
2 159
-
health
926
-
370
-
total
17 824
-
9 352
-
Employer
63 769
-
36 644
-
pensions
6 903
-
3 160
-
health
1 211
-
695
-
total
8 114
-
3 855
-
Corporate
-
40 500
-
-
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.

-
7 696
-
-
total
-
7 696
-
-
Dividends
-
32 804
-
-
withholding
-
2 460
-
-
total
-
2 460
-
-
Income
40 500
40 500
40 500
40 500
Total tax
25 938
10 156
13 207
9 674
After tax
14 562
30 344
27 293
30 826
Living cost
45 946
45 946
45 946
45 946
Free-cash
-31 384
-15 602
-18 653
-15 120

Estimated living cost  is ₽45946 per week

₽34422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3444
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.
₽7598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽40980
-₽43725
-₽56375
-₽57061
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
40 500
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.

-
-
-
809
health
-
-
-
247
city
-
-
-
425
national
-
-
-
58
regional
-
-
-
635
pensions
-
-
-
3 725
total
-
-
-
5 899
Employee
88 449
-
35 872
-
pensions
7 431
-
3 434
-
national
419
-
29
-
unemployment
-
-
-
-
city
949
-
380
-
health
200
-
82
-
regional
2 896
-
485
-
total
11 895
-
4 410
-
Employer
88 449
-
35 872
-
pensions
7 431
-
3 434
-
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.

1 768
-
718
-
health
200
-
82
-
unemployment
-
-
-
-
total
9 399
-
4 234
-
Corporate
-
40 500
-
-
regional
-
8 566
-
-
national
-
3 442
-
-
total
-
12 008
-
-
Dividends
-
28 492
-
-
withholding
-
9 972
-
-
total
-
9 972
-
-
Income
40 500
40 500
40 500
40 500
Total tax
21 294
21 980
8 644
5 899
After tax
19 206
18 520
31 856
34 601
Living cost
75 581
75 581
75 581
75 581
Free-cash
-56 375
-57 061
-43 725
-40 980

Estimated living cost  is ₽75581 per week

₽49149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽928
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽13863
-₽13863
-₽19591
-₽25575
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
40 500
trade
-
-
-
-
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.

-
-
-
6 831
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.

-
-
-
1 638
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.

-
-
-
89
total
-
-
-
8 558
Employee

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

60 091
-
40 500
-
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.

389
-
89
-
income

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

7 066
-
1 638
-
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.

6 831
-
6 831
-
total
14 286
-
8 558
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
40 500
-
-
trade
-
6 947
-
-
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.

-
334
-
-
income
-
6 076
-
-
chamber of commerce
-
209
-
-
total
-
13 566
-
-
Dividends
-
26 935
-
-
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.

-
349
-
-
withholding
-
6 355
-
-
total
-
6 704
-
-
Income
40 500
40 500
40 500
40 500
Total tax
14 286
20 270
8 558
8 558
After tax
26 214
20 230
31 942
31 942
Living cost
45 805
45 805
45 805
45 805
Free-cash
-19 591
-25 575
-13 863
-13 863

Estimated living cost  is ₽45805 per week

₽33454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9557
-₽8799
-₽15657
-₽13797
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
40 500
other
-
-
-
1 256
social contributions
-
-
-
1 154
health
-
-
-
351
income
-
-
-
968
surtax
-
-
-
-
pensions
-
-
-
12 119
total
-
-
-
15 848
Employee
42 794
-
30 861
-
income
2 526
-
1 083
-
pensions
4 839
-
3 489
-
social contributions
1 220
-
880
-
surtax
-
-
-
-
total
8 585
-
5 452
-
Employer
42 794
-
30 861
-
pensions
7 030
-
5 072
-
other
1 476
-
1 064
-
health
2 996
-
2 159
-
unemployment
1 732
-
1 250
-
social contributions
129
-
93
-
total
13 363
-
9 638
-
Corporate
-
40 500
-
-
surtax
-
-
-
-
income
-
11 339
-
-
total
-
11 339
-
-
Dividends
-
29 161
-
-
surtax
-
-
-
-
social contributions
-
5 017
-
-
withholding
-
3 732
-
-
total
-
8 749
-
-
Income
40 500
40 500
40 500
40 500
Total tax
21 948
20 088
15 090
15 848
After tax
18 552
20 412
25 410
24 652
Living cost
34 209
34 209
34 209
34 209
Free-cash
-15 657
-13 797
-8 799
-9 557

Estimated living cost  is ₽34209 per week

₽21570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6168
-₽5410
-₽9630
-₽10408
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
40 500
other
-
-
-
1 256
social contributions
-
-
-
1 154
health
-
-
-
351
income
-
-
-
968
surtax
-
-
-
-
pensions
-
-
-
12 119
total
-
-
-
15 848
Employee
38 199
-
30 861
-
income
1 970
-
1 083
-
pensions
4 321
-
3 489
-
social contributions
1 089
-
880
-
surtax
-
-
-
-
total
7 380
-
5 452
-
Employer
38 199
-
30 861
-
pensions
6 277
-
5 072
-
other
1 319
-
1 064
-
health
2 674
-
2 159
-
unemployment
1 546
-
1 250
-
social contributions
114
-
93
-
total
11 930
-
9 638
-
Corporate
-
40 500
-
-
surtax
-
-
-
-
income
-
11 339
-
-
total
-
11 339
-
-
Dividends
-
29 161
-
-
surtax
-
-
-
-
social contributions
-
5 017
-
-
withholding
-
3 732
-
-
total
-
8 749
-
-
Income
40 500
40 500
40 500
40 500
Total tax
19 310
20 088
15 090
15 848
After tax
21 190
20 412
25 410
24 652
Living cost
30 820
30 820
30 820
30 820
Free-cash
-9 630
-10 408
-5 410
-6 168

Estimated living cost  is ₽30820 per week

₽17874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4807
₽3711
₽2704
₽3507
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
40 500
social contributions
-
-
-
5 588
health
-
-
-
2 827
income
-
-
-
6 076
total
-
-
-
14 491
Employee
33 902
-
40 500
-
income
5 654
-
7 172
-
social contributions
4 679
-
5 588
-
health
2 366
-
2 827
-
total
12 699
-
15 587
-
Employer
33 902
-
40 500
-
total
-
-
-
-
Corporate
6 598
40 500
-
-
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%.

330
2 025
-
-
total
330
2 025
-
-
Dividends
6 268
38 475
-
-
social contributions
1 744
5 309
-
-
health
882
2 685
-
-
withholding
939
5 772
-
-
total
3 565
13 766
-
-
Income
40 500
40 500
40 500
40 500
Total tax
16 594
15 791
15 587
14 491
After tax
23 906
24 709
24 913
26 009
Living cost
21 202
21 202
21 202
21 202
Free-cash
2 704
3 507
3 711
4 807

Estimated living cost  is ₽21202 per week

₽14189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1307
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.
₽5216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12542
-₽20133
-₽24995
-₽17501
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
40 500
chamber of commerce
-
-
-
161
unemployment
-
-
-
6 133
health
-
-
-
3 099
income
-
-
-
727
surtax
-
-
-
197
pensions
-
-
-
7 493
total
-
-
-
17 810
Employee
49 970
39 847
39 847
-
income
5 689
2 939
3 362
-
pensions
5 117
4 080
3 152
-
unemployment
1 499
1 195
924
-
health
1 934
1 543
1 192
-
other
499
398
307
-
total
14 738
10 155
8 937
-
Employer
49 970
39 847
39 847
-
pensions
6 271
5 002
3 863
-
other
2 374
1 892
1 816
-
accident
649
518
400
-
health
1 888
1 507
1 163
-
payroll
1 499
1 195
1 195
-
chamber of commerce
199
159
159
-
unemployment
1 499
1 195
924
-
surtax
197
197
197
-
total
14 576
11 665
9 717
-
Corporate
3 795
3 795
26 986
-
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.

949
949
6 747
-
total
949
949
6 747
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
40 500
40 500
40 500
40 500
Total tax
30 263
22 769
25 401
17 810
After tax
10 237
17 731
15 099
22 690
Living cost
35 232
35 232
35 232
35 232
Free-cash
-24 995
-17 501
-20 133
-12 542

Estimated living cost  is ₽35232 per week

₽23498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3006
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8150
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12493
-₽17959
-₽51842
-₽13525
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
40 500
social contributions
-
-
-
3 106
communal

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

-
-
-
2 243
national
-
-
-
11 187
total
-
-
-
16 536
Employee

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

71 523
-
31 369
-
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.

5 364
-
2 353
-
national
21 989
-
7 135
-
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.

622
-
273
-
communal

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

3 730
-
1 636
-
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.

3 360
-
1 474
-
total
35 065
-
12 871
-
Employer

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

71 523
-
31 369
-
pensions

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

6 338
-
2 780
-
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.

930
-
408
-
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.

4 398
-
1 930
-
unemployment

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

1 044
-
457
-
surtax
8 110
-
3 556
-
total
20 820
-
9 131
-
Corporate
-
40 500
-
-
surtax
-
161
-
-
income
-
8 100
-
-
total
-
8 261
-
-
Dividends
-
32 238
-
-
withholding

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

-
9 307
-
-
total
-
9 307
-
-
Income
40 500
40 500
40 500
40 500
Total tax
55 885
17 568
22 002
16 536
After tax
-15 385
22 932
18 498
23 964
Living cost
36 457
36 457
36 457
36 457
Free-cash
-51 842
-13 525
-17 959
-12 493

Estimated living cost  is ₽36457 per week

₽23483
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3188
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13381
-₽13851
-₽25138
-₽8688
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
40 500
other
-
-
-
40
unemployment
-
-
-
283
accident
-
-
-
364
income
-
-
-
5 623
pensions
-
-
-
11 461
total
-
-
-
17 771
Employee
49 772
-
29 855
-
income
10 502
-
5 475
-
pensions
2 340
-
1 569
-
unemployment
772
-
518
-
other
49
-
34
-
total
13 663
-
7 596
-
Employer
49 772
-
29 855
-
pensions
11 745
-
7 880
-
other
397
-
268
-
accident
985
-
660
-
unemployment
2 738
-
1 837
-
total
15 865
-
10 645
-
Corporate
-
40 500
-
-
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.

-
6 076
-
-
total
-
6 076
-
-
Dividends
-
34 424
-
-
withholding
-
7 002
-
-
total
-
7 002
-
-
Income
40 500
40 500
40 500
40 500
Total tax
29 528
13 078
18 241
17 771
After tax
10 972
27 422
22 259
22 729
Living cost
36 110
36 110
36 110
36 110
Free-cash
-25 138
-8 688
-13 851
-13 381

Estimated living cost  is ₽36110 per week

₽26591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
-₽28115
-₽28117
-₽44267
-₽28859
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
40 500
accident
-
-
-
429
health
-
-
-
3 567
income
-
-
-
645
communal
-
-
-
-
surtax
-
-
-
2 023
pensions
-
-
-
7 613
total
-
-
-
14 277
Employee
75 721
-
34 813
-
income
7 314
-
645
-
pensions
6 057
-
3 806
-
health
3 370
-
2 118
-
surtax
4 641
-
2 023
-
total
21 382
-
8 592
-
Employer
75 721
-
34 813
-
pensions
6 057
-
3 806
-
accident
681
-
429
-
health
2 309
-
1 452
-
total
9 047
-
5 687
-
Corporate
-
40 500
-
-
communal
-
2 734
-
-
surtax
-
425
-
-
income
-
6 076
-
-
total
-
9 235
-
-
Dividends
-
31 265
-
-
withholding
-
4 691
-
-
income
-
1 095
-
-
total
-
5 786
-
-
Income
40 500
40 500
40 500
40 500
Total tax
30 429
15 021
14 279
14 277
After tax
10 071
25 479
26 221
26 223
Living cost
54 338
54 338
54 338
54 338
Free-cash
-44 267
-28 859
-28 117
-28 115

Estimated living cost  is ₽54338 per week

₽40762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9707
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽833
-₽139
-₽262
₽3017
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
40 500
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
2 877
income
-
-
-
5 859
surtax
-
-
-
144
pensions
-
-
-
8 100
total
-
-
-
17 208
Employee
33 673
-
33 457
-
income
5 645
-
5 609
-
pensions
2 247
-
2 231
-
unemployment
2 343
-
2 328
-
health
860
-
854
-
other
-
-
-
-
surtax
120
-
116
-
total
11 215
-
11 138
-
Employer
33 673
-
33 457
-
pensions
4 489
-
4 459
-
other
-
-
-
-
health
1 531
-
1 522
-
unemployment
1 068
-
1 061
-
total
7 088
-
7 042
-
Corporate
-
40 500
-
-
income
-
10 529
-
-
total
-
10 529
-
-
Dividends
-
29 971
-
-
withholding
-
4 495
-
-
total
-
4 495
-
-
Income
40 500
40 500
40 500
40 500
Total tax
18 303
15 024
18 180
17 208
After tax
22 197
25 476
22 320
23 292
Living cost
22 459
22 459
22 459
22 459
Free-cash
-262
3 017
-139
833

Estimated living cost  is ₽22459 per week

₽13559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1953
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.
₽6427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4688
-₽7024
-₽14966
-₽5649
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
40 500
social contributions
-
-
-
10 417
municipal
-
-
-
241
national
-
-
-
6 985
regional
-
-
-
610
total
-
-
-
18 253
Employee
55 465
-
40 500
-
national
8 787
-
6 174
-
social contributions
18 703
-
13 656
-
municipal
294
-
214
-
regional
747
-
545
-
total
28 531
-
20 589
-
Employer
55 465
-
40 500
-
total
-
-
-
-
Corporate
-
40 500
-
-
nationa
-
9 721
-
-
municipal
-
2 013
-
-
total
-
11 734
-
-
Dividends
-
28 766
-
-
withholding
-
7 480
-
-
total
-
7 480
-
-
Income
40 500
40 500
40 500
40 500
Total tax
28 531
19 214
20 589
18 253
After tax
11 969
21 286
19 911
22 247
Living cost
26 935
26 935
26 935
26 935
Free-cash
-14 966
-5 649
-7 024
-4 688

Estimated living cost  is ₽26935 per week

₽16751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9864
-₽9037
-₽17807
-₽1705
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
40 500
social contributions
-
-
-
11 826
health
-
-
-
5 468
income
-
-
-
3 481
solidarity contribution
-
-
-
-
total
-
-
-
20 775
Employee
43 513
-
30 224
-
income
5 222
-
3 627
-
solidarity contribution
-
-
-
-
social contributions
2 828
-
1 965
-
health
5 874
-
4 080
-
total
13 924
-
9 672
-
Employer
43 513
-
30 224
-
health
3 916
-
2 720
-
social contributions
10 878
-
7 556
-
total
14 794
-
10 276
-
Corporate
-
40 500
-
-
income
-
7 695
-
-
total
-
7 695
-
-
Dividends
-
32 805
-
-
withholding
-
4 921
-
-
total
-
4 921
-
-
Income
40 500
40 500
40 500
40 500
Total tax
28 718
12 616
19 948
20 775
After tax
11 782
27 884
20 552
19 725
Living cost
29 589
29 589
29 589
29 589
Free-cash
-17 807
-1 705
-9 037
-9 864

Estimated living cost  is ₽29589 per week

₽22004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1639
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5434
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9013
-₽16696
-₽16736
-₽13972
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
40 500
chamber of commerce
-
-
-
161
unemployment
-
-
-
6 133
health
-
-
-
3 099
income
-
-
-
727
surtax
-
-
-
-
pensions
-
-
-
7 493
total
-
-
-
17 613
Employee
43 708
39 847
39 847
-
income
3 894
2 939
3 351
-
pensions
4 476
4 080
3 169
-
unemployment
1 311
1 195
928
-
health
1 691
1 543
1 197
-
other
436
398
309
-
total
11 808
10 155
8 954
-
Employer
43 708
39 847
39 847
-
pensions
5 486
5 002
3 884
-
other
2 076
1 892
1 818
-
accident
567
518
402
-
health
1 653
1 507
1 169
-
payroll
1 311
1 195
1 195
-
chamber of commerce
175
159
159
-
unemployment
1 311
1 195
928
-
surtax
-
-
-
-
total
12 579
11 468
9 555
-
Corporate
3 795
3 795
27 149
-
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.

949
949
6 787
-
total
949
949
6 787
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
40 500
40 500
40 500
40 500
Total tax
25 336
22 572
25 296
17 613
After tax
15 164
17 928
15 204
22 887
Living cost
31 900
31 900
31 900
31 900
Free-cash
-16 736
-13 972
-16 696
-9 013

Estimated living cost  is ₽31900 per week

₽19136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3258
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.
₽8937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26054
₽18359
₽21800
₽24434
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
40 500
microenterprise

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

-
-
-
405
total
-
-
-
405
Employee
17 552
-
40 500
-
income
3 511
-
8 100
-
total
3 511
-
8 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

22 948
40 500
-
-
total
-
-
-
-
Dividends
22 948
40 500
-
-
withholding
1 148
2 025
-
-
total
1 148
2 025
-
-
Income
40 500
40 500
40 500
40 500
Total tax
4 659
2 025
8 100
405
After tax
35 841
38 475
32 400
40 095
Living cost
14 041
14 041
14 041
14 041
Free-cash
21 800
24 434
18 359
26 054

Estimated living cost  is ₽14041 per week

₽9502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3932
-₽5216
-₽10602
₽1067
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
40 500
unemployment
-
-
-
61
health
-
-
-
3 985
income
-
-
-
6 171
pensions
-
-
-
7 396
total
-
-
-
17 613
Employee

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

44 215
-
35 043
-
income
7 625
-
5 697
-
pensions
6 854
-
5 432
-
unemployment
63
-
49
-
health
2 856
-
2 264
-
total
17 398
-
13 442
-
Employer

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

44 215
-
35 043
-
pensions
3 913
-
3 100
-
health
2 945
-
2 334
-
unemployment
27
-
21
-
total
6 885
-
5 455
-
Corporate
-
40 500
-
-
income
-
7 694
-
-
total
-
7 694
-
-
Dividends
-
32 806
-
-
withholding
-
4 920
-
-
total
-
4 920
-
-
Income
40 500
40 500
40 500
40 500
Total tax
24 283
12 614
18 897
17 613
After tax
16 217
27 886
21 603
22 887
Living cost
26 819
26 819
26 819
26 819
Free-cash
-10 602
1 067
-5 216
-3 932

Estimated living cost  is ₽26819 per week

₽18406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15051
-₽15697
-₽108230
-₽18400
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
40 500
social contributions
-
-
-
4 617
income
-
-
-
7 894
total
-
-
-
12 511
Employee
61 714
-
881
-
income
13 613
-
35
-
social contributions
5 061
-
721
-
total
18 674
-
756
-
Employer
61 714
-
881
-
social contributions
87 016
-
12 401
-
total
87 016
-
12 401
-
Corporate
-
40 500
-
-
income
-
8 910
-
-
total
-
8 910
-
-
Dividends
-
31 590
-
-
income
-
6 950
-
-
total
-
6 950
-
-
Income
40 500
40 500
40 500
40 500
Total tax
105 690
15 860
13 157
12 511
After tax
-65 190
24 640
27 343
27 989
Living cost
43 040
43 040
43 040
43 040
Free-cash
-108 230
-18 400
-15 697
-15 051

Estimated living cost  is ₽43040 per week

₽27926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4048
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.
₽10517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7543
-₽8277
-₽16409
-₽8325
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
40 500
social contributions

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

-
-
-
14 074
income
-
-
-
2 606
surtax
-
-
-
-
total
-
-
-
16 680
Employee
45 987
-
32 728
-
income
9 565
-
6 042
-
social contributions
5 059
-
3 600
-
surtax
-
-
-
-
total
14 624
-
9 642
-
Employer
45 987
-
32 728
-
social contributions
10 922
-
7 772
-
total
10 922
-
7 772
-
Corporate
-
40 500
-
-
surtax
-
-
-
-
income
-
8 504
-
-
total
-
8 504
-
-
Dividends
-
31 996
-
-
withholding
-
8 958
-
-
total
-
8 958
-
-
Income
40 500
40 500
40 500
40 500
Total tax
25 546
17 462
17 414
16 680
After tax
14 954
23 038
23 086
23 820
Living cost
31 363
31 363
31 363
31 363
Free-cash
-16 409
-8 325
-8 277
-7 543

Estimated living cost  is ₽31363 per week

₽23466
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1850
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23641
-₽22883
-₽41683
-₽27881
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
40 500
other
-
-
-
1 256
social contributions
-
-
-
1 154
health
-
-
-
351
income
-
-
-
968
surtax
-
-
-
-
pensions
-
-
-
12 119
total
-
-
-
15 848
Employee
62 625
-
30 861
-
income
5 464
-
1 083
-
pensions
7 083
-
3 489
-
social contributions
1 784
-
880
-
surtax
-
-
-
-
total
14 331
-
5 452
-
Employer
62 625
-
30 861
-
pensions
10 290
-
5 072
-
other
2 161
-
1 064
-
health
4 383
-
2 159
-
unemployment
2 537
-
1 250
-
social contributions
188
-
93
-
total
19 559
-
9 638
-
Corporate
-
40 500
-
-
surtax
-
-
-
-
income
-
11 339
-
-
total
-
11 339
-
-
Dividends
-
29 161
-
-
surtax
-
-
-
-
social contributions
-
5 017
-
-
withholding
-
3 732
-
-
total
-
8 749
-
-
Income
40 500
40 500
40 500
40 500
Total tax
33 890
20 088
15 090
15 848
After tax
6 610
20 412
25 410
24 652
Living cost
48 293
48 293
48 293
48 293
Free-cash
-41 683
-27 881
-22 883
-23 641

Estimated living cost  is ₽48293 per week

₽32684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽662
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10996
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1535
₽2729
₽3034
₽6395
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
40 500
social contributions
-
-
-
8 909
income
-
-
-
-
total
-
-
-
8 909
Employee
32 145
-
35 064
-
social contributions
2 089
-
2 279
-
income
-
-
-
-
total
2 089
-
2 279
-
Employer
32 145
-
35 064
-
social contributions
4 983
-
5 436
-
total
4 983
-
5 436
-
Corporate
3 372
40 500
-
-
income
338
4 049
-
-
total
338
4 049
-
-
Dividends
3 034
36 451
-
-
total
-
-
-
-
Income
40 500
40 500
40 500
40 500
Total tax
7 410
4 049
7 715
8 909
After tax
33 090
36 451
32 785
31 591
Living cost
30 056
30 056
30 056
30 056
Free-cash
3 034
6 395
2 729
1 535

Estimated living cost  is ₽30056 per week

₽19434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2266
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20791
-₽177424
-₽177424
-₽177424
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
40 500
municipal
-
-
-
5 695
national
-
-
-
3 388
labour market
-
-
-
3 171
pensions
-
-
-
867
total
-
-
-
13 121
Employee
203 314
203 314
203 314
-
labour market
16 242
16 242
16 242
-
pensions
289
289
289
-
national
24 839
24 839
24 839
-
municipal
43 295
43 295
43 295
-
total
84 665
84 665
84 665
-
Employer
203 314
203 314
203 314
-
pensions
578
578
578
-
municipal
43 364
43 364
43 364
-
national
24 882
24 882
24 882
-
labour market
16 265
16 265
16 265
-
total
85 089
85 089
85 089
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
40 500
40 500
40 500
40 500
Total tax
169 754
169 754
169 754
13 121
After tax
-129 254
-129 254
-129 254
27 379
Living cost
48 170
48 170
48 170
48 170
Free-cash
-177 424
-177 424
-177 424
-20 791

Estimated living cost  is ₽48170 per week

₽32968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6014
-₽205
-₽385
-₽18310
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
40 500
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
5 957
pensions
-
-
-
4 145
total
-
-
-
12 895
Employee
33 964
-
33 643
-
income
4 659
-
4 616
-
pensions
3 825
-
3 789
-
health
3 889
-
3 852
-
total
12 373
-
12 257
-
Employer
33 964
-
33 643
-
pensions
5 522
-
5 471
-
accident
567
-
562
-
unemployment
832
-
824
-
total
6 921
-
6 857
-
Corporate
-
40 500
-
-
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.

-
36 450
-
-
total
-
36 450
-
-
Dividends
-
4 050
-
-
withholding
-
769
-
-
total
-
769
-
-
Income
40 500
40 500
40 500
40 500
Total tax
19 294
37 219
19 114
12 895
After tax
21 206
3 281
21 386
27 605
Living cost
21 591
21 591
21 591
21 591
Free-cash
-385
-18 310
-205
6 014

Estimated living cost  is ₽21591 per week

₽15716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5761
-₽12842
-₽22031
-₽10362
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
40 500
municipal
-
-
-
7 252
health
-
-
-
207
national
-
-
-
414
total
-
-
-
7 873
Employee
52 606
-
34 071
-
pensions
3 550
-
2 300
-
national
869
-
-
-
municipal
8 616
-
5 607
-
unemployment
789
-
510
-
health
393
-
108
-
total
14 217
-
8 525
-
Employer
52 606
-
34 071
-
pensions
9 127
-
5 911
-
accident
53
-
34
-
health
404
-
262
-
unemployment
342
-
222
-
total
9 926
-
6 429
-
Corporate
-
40 500
-
-
income
-
8 100
-
-
total
-
8 100
-
-
Dividends

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

-
24 300
-
-
municipal
-
4 374
-
-
national
-
-
-
-
total
-
4 374
-
-
Income
40 500
40 500
40 500
40 500
Total tax
24 143
12 474
14 954
7 873
After tax
16 357
28 026
25 546
32 627
Living cost
38 388
38 388
38 388
38 388
Free-cash
-22 031
-10 362
-12 842
-5 761

Estimated living cost  is ₽38388 per week

₽25075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9011
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9999
₽1625
₽1393
-₽5259
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
40 500
social contributions
-
-
-
6 319
health
-
-
-
1 032
income
-
-
-
-
total
-
-
-
7 351
Employee
76 887
76 887
76 887
-
income
8 372
7 117
8 320
-
social contributions
2 907
6 381
3 051
-
health
596
1 307
624
-
total
11 875
14 805
11 995
-
Employer
76 887
76 887
76 887
-
health
647
1 423
679
-
social contributions
2 907
6 381
3 051
-
total
3 554
7 804
3 730
-
Corporate
1 921
-
-
-
income
241
-
-
-
total
241
-
-
-
Dividends
1 681
-
-
-
withholding
287
-
-
-
total
287
-
-
-
Income
40 500
40 500
40 500
40 500
Total tax
15 957
22 609
15 725
7 351
After tax
24 543
17 891
24 775
33 149
Living cost
23 150
23 150
23 150
23 150
Free-cash
1 393
-5 259
1 625
9 999

Estimated living cost  is ₽23150 per week

₽13874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2271
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11619
₽9315
₽12575
₽17663
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 500
unemployment
-
-
-
28
health
-
-
-
3 618
income
-
-
-
3 000
pensions
-
-
-
6 360
total
-
-
-
13 006
Employee

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

22 951
-
36 718
-
income
1 569
-
2 715
-
pensions
3 442
-
5 508
-
unemployment
114
-
184
-
health
1 951
-
3 121
-
total
7 076
-
11 528
-
Employer

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

22 951
-
36 718
-
pensions
1 262
-
2 019
-
health
987
-
1 579
-
unemployment
114
-
184
-
total
2 363
-
3 782
-
Corporate
15 187
40 500
-
-
income
1 366
3 645
-
-
total
1 366
3 645
-
-
Dividends
13 821
36 855
-
-
withholding
1 245
3 317
-
-
total
1 245
3 317
-
-
Income
40 500
40 500
40 500
40 500
Total tax
12 050
6 962
15 310
13 006
After tax
28 450
33 538
25 190
27 494
Living cost
15 875
15 875
15 875
15 875
Free-cash
12 575
17 663
9 315
11 619

Estimated living cost  is ₽15875 per week

₽10129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4767
-₽5237
-₽8258
-₽74
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
40 500
other
-
-
-
40
unemployment
-
-
-
283
accident
-
-
-
364
income
-
-
-
5 623
pensions
-
-
-
11 461
total
-
-
-
17 771
Employee
36 972
-
29 855
-
income
7 128
-
5 475
-
pensions
1 738
-
1 569
-
unemployment
573
-
518
-
other
36
-
34
-
total
9 475
-
7 596
-
Employer
36 972
-
29 855
-
pensions
8 725
-
7 880
-
other
296
-
268
-
accident
732
-
660
-
unemployment
2 034
-
1 837
-
total
11 787
-
10 645
-
Corporate
-
40 500
-
-
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.

-
6 076
-
-
total
-
6 076
-
-
Dividends
-
34 424
-
-
withholding
-
7 002
-
-
total
-
7 002
-
-
Income
40 500
40 500
40 500
40 500
Total tax
21 262
13 078
18 241
17 771
After tax
19 238
27 422
22 259
22 729
Living cost
27 496
27 496
27 496
27 496
Free-cash
-8 258
-74
-5 237
-4 767

Estimated living cost  is ₽27496 per week

₽18559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5812
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21979
₽21783
₽22084
₽22534
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
40 500
health
-
-
-
1 448
income
-
-
-
12 338
pensions
-
-
-
1 997
total
-
-
-
15 783
Employee
4 171
-
38 253
-
income
807
-
12 233
-
pensions
375
-
899
-
unemployment
42
-
100
-
health
209
-
499
-
total
1 433
-
13 731
-
Employer
4 171
-
38 253
-
pensions
459
-
1 099
-
health
396
-
949
-
unemployment
83
-
200
-
total
938
-
2 248
-
Corporate
35 391
40 500
-
-
income
7 786
8 910
-
-
total
7 786
8 910
-
-
Dividends
27 605
31 590
-
-
withholding
5 521
6 318
-
-
total
5 521
6 318
-
-
Income
40 500
40 500
40 500
40 500
Total tax
15 678
15 228
15 979
15 783
After tax
24 822
25 272
24 521
24 717
Living cost
2 738
2 738
2 738
2 738
Free-cash
22 084
22 534
21 783
21 979

Estimated living cost  is ₽2738 per week

₽1627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3229
₽4971
₽7048
₽11968
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
40 500
unemployment
-
-
-
607
health
-
-
-
4 171
income
-
-
-
4 670
pensions
-
-
-
10 530
total
-
-
-
19 978
Employee

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

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

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

26 076
-
34 351
-
income
3 594
-
5 251
-
pensions
3 651
-
4 809
-
unemployment
196
-
258
-
health
1 343
-
1 769
-
total
8 784
-
12 087
-
Employer

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

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

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

26 076
-
34 351
-
pensions
3 129
-
4 122
-
health
1 343
-
1 769
-
unemployment
196
-
258
-
total
4 668
-
6 149
-
Corporate
9 756
40 500
-
-
income
1 463
6 075
-
-
total
1 463
6 075
-
-
Dividends
8 293
34 425
-
-
withholding
1 244
5 164
-
-
total
1 244
5 164
-
-
Income
40 500
40 500
40 500
40 500
Total tax
16 159
11 239
18 236
19 978
After tax
24 341
29 261
22 264
20 522
Living cost
17 293
17 293
17 293
17 293
Free-cash
7 048
11 968
4 971
3 229

Estimated living cost  is ₽17293 per week

₽11643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3136
-₽3870
-₽7524
-₽3918
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
40 500
social contributions

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

-
-
-
14 074
income
-
-
-
2 606
surtax
-
-
-
-
total
-
-
-
16 680
Employee
38 808
-
32 728
-
income
7 583
-
6 042
-
social contributions
4 269
-
3 600
-
surtax
-
-
-
-
total
11 852
-
9 642
-
Employer
38 808
-
32 728
-
social contributions
9 216
-
7 772
-
total
9 216
-
7 772
-
Corporate
-
40 500
-
-
surtax
-
-
-
-
income
-
8 504
-
-
total
-
8 504
-
-
Dividends
-
31 996
-
-
withholding
-
8 958
-
-
total
-
8 958
-
-
Income
40 500
40 500
40 500
40 500
Total tax
21 068
17 462
17 414
16 680
After tax
19 432
23 038
23 086
23 820
Living cost
26 956
26 956
26 956
26 956
Free-cash
-7 524
-3 918
-3 870
-3 136

Estimated living cost  is ₽26956 per week

₽19092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1873
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5514
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12411
-₽12881
-₽23185
-₽7718
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
40 500
other
-
-
-
40
unemployment
-
-
-
283
accident
-
-
-
364
income
-
-
-
5 623
pensions
-
-
-
11 461
total
-
-
-
17 771
Employee
48 290
-
29 855
-
income
10 086
-
5 475
-
pensions
2 269
-
1 569
-
unemployment
748
-
518
-
other
47
-
34
-
total
13 150
-
7 596
-
Employer
48 290
-
29 855
-
pensions
11 396
-
7 880
-
other
387
-
268
-
accident
956
-
660
-
unemployment
2 656
-
1 837
-
total
15 395
-
10 645
-
Corporate
-
40 500
-
-
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.

-
6 076
-
-
total
-
6 076
-
-
Dividends
-
34 424
-
-
withholding
-
7 002
-
-
total
-
7 002
-
-
Income
40 500
40 500
40 500
40 500
Total tax
28 545
13 078
18 241
17 771
After tax
11 955
27 422
22 259
22 729
Living cost
35 140
35 140
35 140
35 140
Free-cash
-23 185
-7 718
-12 881
-12 411

Estimated living cost  is ₽35140 per week

₽25236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2732
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6677
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7904
₽8373
₽11338
₽17430
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
40 500
unemployment
-
-
-
140
health
-
-
-
4 016
income
-
-
-
6 075
pensions

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

-
-
-
5 168
total
-
-
-
15 399
Employee
22 772
-
33 857
-
income
2 278
-
3 385
-
pensions

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

1 999
-
2 973
-
health
1 048
-
1 558
-
accident

We are using the highest rate at 1.1%.

250
-
372
-
total
5 575
-
8 288
-
Employer
22 772
-
33 857
-
pensions

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

2 509
-
3 731
-
accident

We are using the highest rate at 1.1%.

250
-
372
-
health
1 571
-
2 336
-
unemployment
137
-
203
-
total
4 467
-
6 642
-
Corporate
13 260
40 500
-
-
income
1 326
4 050
-
-
total
1 326
4 050
-
-
Dividends
11 934
36 450
-
-
withholding
597
1 823
-
-
total
597
1 823
-
-
Income
40 500
40 500
40 500
40 500
Total tax
11 965
5 873
14 930
15 399
After tax
28 535
34 627
25 570
25 101
Living cost
17 197
17 197
17 197
17 197
Free-cash
11 338
17 430
8 373
7 904

Estimated living cost  is ₽17197 per week

₽11374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4429
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6661
-₽6661
-₽9251
-₽17537
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
40 500
trade
-
-
-
-
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.

-
-
-
6 831
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.

-
-
-
1 638
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.

-
-
-
89
total
-
-
-
8 558
Employee

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

49 751
-
40 500
-
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.

226
-
89
-
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.

4 091
-
1 638
-
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.

6 831
-
6 831
-
total
11 148
-
8 558
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
40 500
-
-
trade
-
5 812
-
-
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.

-
334
-
-
income
-
6 076
-
-
chamber of commerce
-
211
-
-
total
-
12 433
-
-
Dividends
-
28 068
-
-
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.

-
364
-
-
withholding
-
6 637
-
-
total
-
7 001
-
-
Income
40 500
40 500
40 500
40 500
Total tax
11 148
19 434
8 558
8 558
After tax
29 352
21 066
31 942
31 942
Living cost
38 603
38 603
38 603
38 603
Free-cash
-9 251
-17 537
-6 661
-6 661

Estimated living cost  is ₽38603 per week

₽26629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7260
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23775
-₽23775
-₽37715
-₽28607
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
40 500
social contributions
-
-
-
2 348
income
-
-
-
4 969
total
-
-
-
7 317
Employee
78 213
-
40 500
-
social contributions
6 498
-
2 348
-
income
14 759
-
4 969
-
total
21 257
-
7 317
-
Employer
78 213
-
40 500
-
total
-
-
-
-
Corporate
-
40 500
-
-
income
-
5 062
-
-
total
-
5 062
-
-
Dividends
-
35 438
-
-
withholding
-
7 087
-
-
total
-
7 087
-
-
Income
40 500
40 500
40 500
40 500
Total tax
21 257
12 149
7 317
7 317
After tax
19 243
28 351
33 183
33 183
Living cost
56 958
56 958
56 958
56 958
Free-cash
-37 715
-28 607
-23 775
-23 775

Estimated living cost  is ₽56958 per week

₽43333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8440
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30933
-₽6113
-₽12950
-₽13919
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
40 500
health

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

-
-
-
6 675
income
-
-
-
28 462
total
-
-
-
35 137
Employee
45 869
-
36 811
-
social contributions
4 596
-
3 689
-
income
4 977
-
2 939
-
total
9 573
-
6 628
-
Employer
45 869
-
36 811
-
social contributions
4 596
-
3 689
-
total
4 596
-
3 689
-
Corporate
-
40 500
-
-
income
-
14 174
-
-
total
-
14 174
-
-
Dividends
-
26 326
-
-
social contributions
2 985
3 949
-
-
total
2 985
3 949
-
-
Income
40 500
40 500
40 500
40 500
Total tax
17 154
18 123
10 317
35 137
After tax
23 346
22 377
30 183
5 363
Living cost
36 296
36 296
36 296
36 296
Free-cash
-12 950
-13 919
-6 113
-30 933

Estimated living cost  is ₽36296 per week

₽23908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8969
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6526
-₽10059
-₽16925
-₽7008
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
40 500
income
-
-
-
7 707
pensions
-
-
-
1 967
total
-
-
-
9 674
Employee
51 271
-
36 644
-
income
9 337
-
6 823
-
pensions
3 913
-
2 159
-
health
669
-
370
-
total
13 919
-
9 352
-
Employer
51 271
-
36 644
-
pensions
5 180
-
3 160
-
health
974
-
695
-
total
6 154
-
3 855
-
Corporate
-
40 500
-
-
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.

-
7 696
-
-
total
-
7 696
-
-
Dividends
-
32 804
-
-
withholding
-
2 460
-
-
total
-
2 460
-
-
Income
40 500
40 500
40 500
40 500
Total tax
20 073
10 156
13 207
9 674
After tax
20 427
30 344
27 293
30 826
Living cost
37 352
37 352
37 352
37 352
Free-cash
-16 925
-7 008
-10 059
-6 526

Estimated living cost  is ₽37352 per week

₽25623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3435
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7824
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽3877
-₽2342
-₽4432
-₽20447
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
40 500
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
5 957
pensions
-
-
-
4 145
total
-
-
-
12 895
Employee
37 325
-
33 643
-
income
5 121
-
4 616
-
pensions
4 203
-
3 789
-
health
4 274
-
3 852
-
total
13 598
-
12 257
-
Employer
37 325
-
33 643
-
pensions
6 069
-
5 471
-
accident
623
-
562
-
unemployment
914
-
824
-
total
7 606
-
6 857
-
Corporate
-
40 500
-
-
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.

-
36 450
-
-
total
-
36 450
-
-
Dividends
-
4 050
-
-
withholding
-
769
-
-
total
-
769
-
-
Income
40 500
40 500
40 500
40 500
Total tax
21 204
37 219
19 114
12 895
After tax
19 296
3 281
21 386
27 605
Living cost
23 728
23 728
23 728
23 728
Free-cash
-4 432
-20 447
-2 342
3 877

Estimated living cost  is ₽23728 per week

₽17414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11235
₽11235
₽16064
₽20924
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
40 500
work injury
-
-
-
202
unemployment
-
-
-
486
income
-
-
-
4 627
health insurance
-
-
-
2 997
pensions
-
-
-
7 452
total
-
-
-
15 764
Employee

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

21 601
-
40 500
-
income
2 160
-
4 627
-
work injury
108
-
202
-
pensions
3 975
-
7 452
-
unemployment
259
-
486
-
health insurance
1 598
-
2 997
-
total
8 100
-
15 764
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
18 899
40 500
-
-
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
18 899
40 500
-
-
withholding
2 835
6 075
-
-
total
2 835
6 075
-
-
Income
40 500
40 500
40 500
40 500
Total tax
10 935
6 075
15 764
15 764
After tax
29 565
34 425
24 736
24 736
Living cost
13 501
13 501
13 501
13 501
Free-cash
16 064
20 924
11 235
11 235

Estimated living cost  is ₽13501 per week

₽8364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17542
-₽19869
-₽43758
-₽18502
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
40 500
social contributions
-
-
-
10 417
municipal
-
-
-
271
national
-
-
-
6 985
regional
-
-
-
536
total
-
-
-
18 209
Employee
84 257
-
40 500
-
national
14 239
-
6 174
-
social contributions
28 411
-
13 656
-
municipal
503
-
241
-
regional
1 272
-
465
-
total
44 425
-
20 536
-
Employer
84 257
-
40 500
-
total
-
-
-
-
Corporate
-
40 500
-
-
nationa
-
9 721
-
-
municipal
-
1 953
-
-
total
-
11 674
-
-
Dividends
-
28 827
-
-
withholding
-
7 495
-
-
total
-
7 495
-
-
Income
40 500
40 500
40 500
40 500
Total tax
44 425
19 169
20 536
18 209
After tax
-3 925
21 331
19 964
22 291
Living cost
39 833
39 833
39 833
39 833
Free-cash
-43 758
-18 502
-19 869
-17 542

Estimated living cost  is ₽39833 per week

₽27980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
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Source of data for Rome model

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