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
₽ 42500
per

Your estimated
City
free-cash

Dresden , Germany
₽3884
-₽6319
₽5238
₽5238
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
42 500
trade
-
-
-
-
income

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

-
-
-
2 848
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.

-
-
-
6 305
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.

-
-
-
156
total
-
-
-
9 309
Employee

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

35 298
-
42 500
-
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.

54
-
156
-
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.

6 305
-
6 305
-
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.

986
-
2 848
-
total
7 345
-
9 309
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
7 202
42 500
-
-
trade
1 135
6 693
-
-
income
1 081
6 375
-
-
surtax

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

60
350
-
-
chamber of commerce
151
201
-
-
total
2 427
13 619
-
-
Dividends
4 777
28 880
-
-
withholding
844
6 869
-
-
surtax

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

47
378
-
-
total
891
7 247
-
-
Income
42 500
42 500
42 500
42 500
Total tax
10 663
20 866
9 309
9 309
After tax
31 837
21 634
33 191
33 191
Living cost
27 953
27 953
27 953
27 953
Free-cash
3 884
-6 319
5 238
5 238

Estimated living cost  is ₽27953 per week

₽17583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3259
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.
₽6588
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽39119
-₽21751
-₽20603
-₽20937
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
social contributions
-
-
-
457
pensions
-
-
-
5 100
municipal
-
-
-
3 769
national
-
-
-
5 840
total
-
-
-
15 166
Employee
74 830
-
36 741
-
national
14 322
-
6 095
-
municipal
9 243
-
3 933
-
pensions
2 993
-
1 470
-
total
26 558
-
11 498
-
Employer
74 830
-
36 741
-
pensions
5 986
-
2 939
-
social contributions
804
-
395
-
total
6 790
-
3 334
-
Corporate
-
42 500
-
-
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%.

-
8 500
-
-
total
-
8 500
-
-
Dividends
-
34 000
-
-
withholding
-
7 480
-
-
total
-
7 480
-
-
Income
42 500
42 500
42 500
42 500
Total tax
33 348
15 980
14 832
15 166
After tax
9 152
26 520
27 668
27 334
Living cost
48 271
48 271
48 271
48 271
Free-cash
-39 119
-21 751
-20 603
-20 937

Estimated living cost  is ₽48271 per week

₽32810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4487
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽722
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10252
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7231
₽14800
₽5188
₽14021
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
42 500
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.

-
-
-
2 905
income
-
-
-
-
microenterprise
-
-
-
6 375
surtax
-
-
-
-
total
-
-
-
9 280
Employee
26 966
-
34 250
-
surtax
-
-
-
-
social contributions

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

2 967
-
3 767
-
income
4 800
-
6 096
-
total
7 767
-
9 863
-
Employer
26 966
-
34 250
-
social contributions

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

6 496
-
8 250
-
surtax
-
-
-
-
total
6 496
-
8 250
-
Corporate
9 038
42 500
-
-
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%.

1 807
8 501
-
-
total
1 807
8 501
-
-
Dividends

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

7 231
33 999
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
16 070
8 501
18 113
9 280
After tax
26 430
33 999
24 387
33 220
Living cost
19 199
19 199
19 199
19 199
Free-cash
7 231
14 800
5 188
14 021

Estimated living cost  is ₽19199 per week

₽12249
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1828
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4686
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽49142
-₽43962
-₽49142
-₽14258
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
income
-
-
-
3 924
pensions
-
-
-
7 650
health
-
-
-
6 524
total
-
-
-
18 098
Employee
78 809
78 809
78 809
-
health
12 096
10 289
12 096
-
pensions
14 186
10 813
14 186
-
income

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

12 900
12 900
12 900
-
total
39 182
34 002
39 182
-
Employer
78 809
78 809
78 809
-
pensions
5 485
5 485
5 485
-
unemployment
2 837
2 837
2 837
-
health
5 478
5 478
5 478
-
total
13 800
13 800
13 800
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
52 982
47 802
52 982
18 098
After tax
-10 482
-5 302
-10 482
24 402
Living cost
38 660
38 660
38 660
38 660
Free-cash
-49 142
-43 962
-49 142
-14 258

Estimated living cost  is ₽38660 per week

₽27397
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3485
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7163
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31418
-₽16268
-₽16778
-₽18287
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
other
-
-
-
4 939
unemployment
-
-
-
42
pensions
-
-
-
4 594
municipal
-
-
-
9 002
accident
-
-
-
85
national
-
-
-
-
health
-
-
-
2 652
total
-
-
-
21 314
Employee
56 245
-
32 339
-
national
-
-
-
-
municipal
16 772
-
9 643
-
total
16 772
-
9 643
-
Employer
56 245
-
32 339
-
other
6 536
-
3 758
-
accident
113
-
65
-
pensions
6 080
-
3 496
-
unemployment
1 485
-
854
-
health
3 459
-
1 989
-
total
17 673
-
10 162
-
Corporate
-
42 500
-
-
income
-
9 350
-
-
total
-
9 350
-
-
Dividends
-
33 150
-
-
withholding
-
9 945
-
-
total
-
9 945
-
-
Income
42 500
42 500
42 500
42 500
Total tax
34 445
19 295
19 805
21 314
After tax
8 055
23 205
22 695
21 186
Living cost
39 473
39 473
39 473
39 473
Free-cash
-31 418
-16 268
-16 778
-18 287

Estimated living cost  is ₽39473 per week

₽26161
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3873
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4301
-₽14839
-₽3063
-₽3063
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
42 500
trade
-
-
-
-
income

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

-
-
-
2 848
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.

-
-
-
6 305
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.

-
-
-
156
total
-
-
-
9 309
Employee

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

46 800
-
42 500
-
surtax

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

221
-
156
-
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.

6 305
-
6 305
-
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.

4 021
-
2 848
-
total
10 547
-
9 309
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
42 500
-
-
trade
-
6 991
-
-
income
-
6 375
-
-
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.

-
350
-
-
chamber of commerce
-
201
-
-
total
-
13 917
-
-
Dividends
-
28 582
-
-
withholding
-
6 795
-
-
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.

-
373
-
-
total
-
7 168
-
-
Income
42 500
42 500
42 500
42 500
Total tax
10 547
21 085
9 309
9 309
After tax
31 953
21 415
33 191
33 191
Living cost
36 254
36 254
36 254
36 254
Free-cash
-4 301
-14 839
-3 063
-3 063

Estimated living cost  is ₽36254 per week

₽24247
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7643
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3256
-₽8302
-₽2750
₽4725
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
social contributions
-
-
-
6 630
income
-
-
-
128
health
-
-
-
1 084
total
-
-
-
7 842
Employee
70 964
70 964
70 964
-
health
706
1 207
657
-
social contributions
3 448
5 890
3 203
-
income
7 452
6 569
7 539
-
total
11 606
13 666
11 399
-
Employer
70 964
70 964
70 964
-
social contributions
3 448
5 890
3 203
-
health
769
1 313
715
-
total
4 217
7 203
3 918
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
15 823
20 869
15 317
7 842
After tax
26 677
21 631
27 183
34 658
Living cost
29 933
29 933
29 933
29 933
Free-cash
-3 256
-8 302
-2 750
4 725

Estimated living cost  is ₽29933 per week

₽20462
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6630
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7164
₽6803
₽7303
₽12107
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
unemployment
-
-
-
637
income
-
-
-
5 196
pensions
-
-
-
4 250
health
-
-
-
2 975
total
-
-
-
13 058
Employee

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

The minimum wage is 138,000 HUF per month.

25 024
9 959
35 565
-
unemployment
375
149
533
-
health
1 752
697
2 490
-
pensions
2 502
996
3 556
-
income
3 059
1 217
4 348
-
total
7 688
3 059
10 927
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 024
9 959
35 565
-
pensions
4 880
1 942
6 935
-
total
4 880
1 942
6 935
-
Corporate
12 597
30 599
-
-
income
1 134
2 754
-
-
total
1 134
2 754
-
-
Dividends
11 463
27 845
-
-
withholding
2 178
5 291
-
-
social contributions
2 121
5 316
-
-
total
4 299
10 607
-
-
Income
42 500
42 500
42 500
42 500
Total tax
18 001
18 362
17 862
13 058
After tax
24 499
24 138
24 638
29 442
Living cost
17 335
17 335
17 335
17 335
Free-cash
7 164
6 803
7 303
12 107

Estimated living cost  is ₽17335 per week

₽11830
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1418
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽346
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5977
₽11709
₽3708
₽2230
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
income
-
-
-
3 954
pensions
-
-
-
8 501
health
-
-
-
5 525
total
-
-
-
17 980
Employee
26 180
-
31 763
-
unemployment
419
-
508
-
pensions
524
-
636
-
income
2 947
-
4 622
-
total
3 890
-
5 766
-
Employer
26 180
-
31 763
-
pensions
5 236
-
6 352
-
unemployment
210
-
254
-
health
3 403
-
4 130
-
total
8 849
-
10 736
-
Corporate
7 471
42 500
-
-
income
1 494
8 501
-
-
total
1 494
8 501
-
-
Dividends
5 977
33 999
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
14 233
8 501
16 502
17 980
After tax
28 267
33 999
25 998
24 520
Living cost
22 290
22 290
22 290
22 290
Free-cash
5 977
11 709
3 708
2 230

Estimated living cost  is ₽22290 per week

₽15289
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1327
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽267
-₽17254
₽1747
₽8800
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
other
-
-
-
349
income
-
-
-
6 451
pensions
-
-
-
3 914
accident
-
-
-
238
health
-
-
-
2 052
total
-
-
-
13 004
Employee
32 555
-
35 305
-
health
3 728
-
4 043
-
pensions
3 666
-
3 975
-
income
4 466
-
4 844
-
total
11 860
-
12 862
-
Employer
32 555
-
35 305
-
accident
543
-
589
-
pensions
5 294
-
5 741
-
unemployment
798
-
865
-
total
6 635
-
7 195
-
Corporate
3 310
42 500
-
-
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.

2 979
38 250
-
-
total
2 979
38 250
-
-
Dividends
331
4 250
-
-
withholding
63
808
-
-
total
63
808
-
-
Income
42 500
42 500
42 500
42 500
Total tax
21 537
39 058
20 057
13 004
After tax
20 963
3 442
22 443
29 496
Living cost
20 696
20 696
20 696
20 696
Free-cash
267
-17 254
1 747
8 800

Estimated living cost  is ₽20696 per week

₽15168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1147
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3949
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31497
₽32899
₽26524
₽34599
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
42 500
microenterprise

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

-
-
-
425
total
-
-
-
425
Employee
9 345
-
42 500
-
income
1 869
-
8 500
-
total
1 869
-
8 500
-
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%.

33 155
42 500
-
-
total
-
-
-
-
Dividends
33 155
42 500
-
-
withholding
1 658
2 125
-
-
total
1 658
2 125
-
-
Income
42 500
42 500
42 500
42 500
Total tax
3 527
2 125
8 500
425
After tax
38 973
40 375
34 000
42 075
Living cost
7 476
7 476
7 476
7 476
Free-cash
31 497
32 899
26 524
34 599

Estimated living cost  is ₽7476 per week

₽4633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽205
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2016
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽403
₽6635
₽322
-₽1577
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
other
-
-
-
2 019
income
-
-
-
5 398
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.

-
-
-
10 200
health
-
-
-
1 870
total
-
-
-
19 487
Employee
33 508
-
33 945
-
unemployment
334
-
340
-
health
469
-
475
-
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.

2 345
-
2 375
-
income
5 769
-
5 844
-
total
8 917
-
9 034
-
Employer
33 508
-
33 945
-
other
1 676
-
1 697
-
accident
268
-
271
-
pensions

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

5 697
-
5 771
-
unemployment
334
-
340
-
health
469
-
475
-
total
8 444
-
8 554
-
Corporate
547
42 500
-
-
income
116
8 925
-
-
total
116
8 925
-
-
Dividends
432
33 575
-
-
withholding
30
2 350
-
-
total
30
2 350
-
-
Income
42 500
42 500
42 500
42 500
Total tax
17 507
11 275
17 588
19 487
After tax
24 993
31 225
24 912
23 013
Living cost
24 590
24 590
24 590
24 590
Free-cash
403
6 635
322
-1 577

Estimated living cost  is ₽24590 per week

₽17375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1660
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽396
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5159
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽56640
-₽29779
-₽33412
-₽29453
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
income
-
-
-
8 042
pensions
-
-
-
2 287
total
-
-
-
10 329
Employee
87 189
-
38 234
-
health
1 437
-
434
-
pensions
8 411
-
2 537
-
income
15 717
-
7 052
-
total
25 565
-
10 023
-
Employer
87 189
-
38 234
-
pensions
10 295
-
3 539
-
health
1 656
-
726
-
total
11 951
-
4 265
-
Corporate
-
42 500
-
-
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.

-
8 074
-
-
total
-
8 074
-
-
Dividends
-
34 426
-
-
withholding
-
2 581
-
-
total
-
2 581
-
-
Income
42 500
42 500
42 500
42 500
Total tax
37 516
10 655
14 288
10 329
After tax
4 984
31 845
28 212
32 171
Living cost
61 624
61 624
61 624
61 624
Free-cash
-56 640
-29 779
-33 412
-29 453

Estimated living cost  is ₽61624 per week

₽46176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7707
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽20201
₽24422
₽16134
₽15735
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
unemployment
-
-
-
127
income
-
-
-
6 375
pensions

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

-
-
-
4 698
health
-
-
-
3 650
total
-
-
-
14 850
Employee
15 777
-
36 272
-
accident

We are using the highest rate at 1.1%.

174
-
349
-
health
726
-
1 460
-
pensions

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

1 385
-
2 787
-
income
1 577
-
3 628
-
total
3 862
-
8 224
-
Employer
15 777
-
36 272
-
accident

We are using the highest rate at 1.1%.

174
-
349
-
pensions

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

1 739
-
3 498
-
unemployment
94
-
190
-
health
1 089
-
2 190
-
total
3 096
-
6 227
-
Corporate
23 627
42 500
-
-
income
2 363
4 250
-
-
total
2 363
4 250
-
-
Dividends
21 264
38 250
-
-
withholding
1 063
1 913
-
-
total
1 063
1 913
-
-
Income
42 500
42 500
42 500
42 500
Total tax
10 384
6 163
14 451
14 850
After tax
32 116
36 337
28 049
27 650
Living cost
11 915
11 915
11 915
11 915
Free-cash
20 201
24 422
16 134
15 735

Estimated living cost  is ₽11915 per week

₽6956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽851
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽316
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3792
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽58042
-₽56476
-₽61656
-₽26772
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
income
-
-
-
3 924
pensions
-
-
-
7 650
health
-
-
-
6 524
total
-
-
-
18 098
Employee
85 561
78 809
78 809
-
health
10 674
10 289
12 096
-
pensions
10 813
10 813
14 186
-
income

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

12 900
12 900
12 900
-
total
34 387
34 002
39 182
-
Employer
85 561
78 809
78 809
-
pensions
5 954
5 485
5 485
-
unemployment
3 081
2 837
2 837
-
health
5 946
5 478
5 478
-
total
14 981
13 800
13 800
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
49 368
47 802
52 982
18 098
After tax
-6 868
-5 302
-10 482
24 402
Living cost
51 174
51 174
51 174
51 174
Free-cash
-58 042
-56 476
-61 656
-26 772

Estimated living cost  is ₽51174 per week

₽37749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2653
₽6348
-₽1346
-₽2213
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
social contributions
-
-
-
12 410
income
-
-
-
3 653
health
-
-
-
5 737
solidarity contribution
-
-
-
-
total
-
-
-
21 800
Employee
33 696
-
31 716
-
solidarity contribution
-
-
-
-
health
4 549
-
4 282
-
social contributions
2 190
-
2 062
-
income
4 044
-
3 806
-
total
10 783
-
10 150
-
Employer
33 696
-
31 716
-
social contributions
8 424
-
7 929
-
health
3 033
-
2 854
-
total
11 457
-
10 783
-
Corporate
-
42 500
-
-
income
-
8 075
-
-
total
-
8 075
-
-
Dividends
-
34 425
-
-
withholding
-
5 164
-
-
total
-
5 164
-
-
Income
42 500
42 500
42 500
42 500
Total tax
22 240
13 239
20 933
21 800
After tax
20 260
29 261
21 567
20 700
Living cost
22 913
22 913
22 913
22 913
Free-cash
-2 653
6 348
-1 346
-2 213

Estimated living cost  is ₽22913 per week

₽15916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1630
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽39518
-₽16265
-₽17906
-₽15505
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
regional
-
-
-
407
social contributions
-
-
-
10 932
municipal
-
-
-
252
national
-
-
-
7 473
total
-
-
-
19 064
Employee
82 018
-
42 500
-
national
14 212
-
6 555
-
regional
774
-
353
-
municipal
434
-
226
-
social contributions
27 657
-
14 331
-
total
43 077
-
21 465
-
Employer
82 018
-
42 500
-
total
-
-
-
-
Corporate
-
42 500
-
-
nationa
-
10 200
-
-
municipal
-
1 657
-
-
total
-
11 857
-
-
Dividends
-
30 644
-
-
withholding
-
7 967
-
-
total
-
7 967
-
-
Income
42 500
42 500
42 500
42 500
Total tax
43 077
19 824
21 465
19 064
After tax
-577
22 676
21 035
23 436
Living cost
38 941
38 941
38 941
38 941
Free-cash
-39 518
-16 265
-17 906
-15 505

Estimated living cost  is ₽38941 per week

₽27145
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2553
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8644
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3497
₽6367
₽2995
₽4039
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
other
-
-
-
-
unemployment
-
-
-
210
income
-
-
-
6 154
pensions
-
-
-
8 501
health
-
-
-
3 017
surtax
-
-
-
215
total
-
-
-
18 097
Employee
30 518
-
35 110
-
surtax
100
-
186
-
unemployment
2 124
-
2 443
-
other
-
-
-
-
health
779
-
895
-
pensions
2 035
-
2 341
-
income
5 116
-
5 886
-
total
10 154
-
11 751
-
Employer
30 518
-
35 110
-
other
-
-
-
-
pensions
4 068
-
4 679
-
unemployment
967
-
1 114
-
health
1 389
-
1 597
-
total
6 424
-
7 390
-
Corporate
5 558
42 500
-
-
income
1 445
11 051
-
-
total
1 445
11 051
-
-
Dividends
4 113
31 449
-
-
withholding
616
4 718
-
-
total
616
4 718
-
-
Income
42 500
42 500
42 500
42 500
Total tax
18 639
15 769
19 141
18 097
After tax
23 861
26 731
23 359
24 403
Living cost
20 364
20 364
20 364
20 364
Free-cash
3 497
6 367
2 995
4 039

Estimated living cost  is ₽20364 per week

₽12452
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23367
-₽10255
-₽13888
-₽9929
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
income
-
-
-
8 042
pensions
-
-
-
2 287
total
-
-
-
10 329
Employee
58 432
-
38 234
-
health
848
-
434
-
pensions
4 960
-
2 537
-
income
10 524
-
7 052
-
total
16 332
-
10 023
-
Employer
58 432
-
38 234
-
pensions
6 325
-
3 539
-
health
1 110
-
726
-
total
7 435
-
4 265
-
Corporate
-
42 500
-
-
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.

-
8 074
-
-
total
-
8 074
-
-
Dividends
-
34 426
-
-
withholding
-
2 581
-
-
total
-
2 581
-
-
Income
42 500
42 500
42 500
42 500
Total tax
23 767
10 655
14 288
10 329
After tax
18 733
31 845
28 212
32 171
Living cost
42 100
42 100
42 100
42 100
Free-cash
-23 367
-10 255
-13 888
-9 929

Estimated living cost  is ₽42100 per week

₽31541
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6962
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽52802
-₽54920
-₽40787
-₽38098
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
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.

-
-
-
850
city
-
-
-
447
regional
-
-
-
718
pensions
-
-
-
3 911
national
-
-
-
76
health
-
-
-
243
total
-
-
-
6 245
Employee
87 012
-
37 749
-
national
412
-
46
-
unemployment
-
-
-
-
city
934
-
401
-
regional
2 849
-
569
-
health
197
-
84
-
pensions
7 310
-
3 498
-
total
11 702
-
4 598
-
Employer
87 012
-
37 749
-
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.

1 740
-
754
-
pensions
7 310
-
3 498
-
unemployment
-
-
-
-
health
197
-
84
-
total
9 247
-
4 336
-
Corporate
-
42 500
-
-
regional
-
8 989
-
-
national
-
3 613
-
-
total
-
12 602
-
-
Dividends
-
29 898
-
-
withholding
-
10 465
-
-
total
-
10 465
-
-
Income
42 500
42 500
42 500
42 500
Total tax
20 949
23 067
8 934
6 245
After tax
21 551
19 433
33 566
36 255
Living cost
74 353
74 353
74 353
74 353
Free-cash
-52 802
-54 920
-40 787
-38 098

Estimated living cost  is ₽74353 per week

₽48351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽913
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18417
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽12963
-₽21082
-₽9086
-₽9086
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
42 500
trade
-
-
-
-
income

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

-
-
-
2 848
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.

-
-
-
6 305
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.

-
-
-
156
total
-
-
-
9 309
Employee

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

55 462
-
42 500
-
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.

359
-
156
-
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.

6 305
-
6 305
-
income

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

6 522
-
2 848
-
total
13 186
-
9 309
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
42 500
-
-
trade
-
7 289
-
-
income
-
6 375
-
-
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.

-
350
-
-
chamber of commerce
-
200
-
-
total
-
14 214
-
-
Dividends
-
28 286
-
-
withholding
-
6 721
-
-
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.

-
370
-
-
total
-
7 091
-
-
Income
42 500
42 500
42 500
42 500
Total tax
13 186
21 305
9 309
9 309
After tax
29 314
21 195
33 191
33 191
Living cost
42 277
42 277
42 277
42 277
Free-cash
-12 963
-21 082
-9 086
-9 086

Estimated living cost  is ₽42277 per week

₽30877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3382
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9332
-₽10153
-₽5243
-₽5867
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
other
-
-
-
1 317
social contributions
-
-
-
1 210
income
-
-
-
1 378
pensions
-
-
-
12 520
health
-
-
-
368
surtax
-
-
-
-
total
-
-
-
16 793
Employee
39 497
-
32 386
-
surtax
-
-
-
-
pensions
4 466
-
3 664
-
social contributions
1 126
-
923
-
income
2 331
-
1 471
-
total
7 923
-
6 058
-
Employer
39 497
-
32 386
-
other
1 363
-
1 117
-
pensions
6 489
-
5 320
-
unemployment
1 599
-
1 312
-
social contributions
119
-
96
-
health
2 765
-
2 266
-
total
12 335
-
10 111
-
Corporate
-
42 500
-
-
income
-
11 900
-
-
surtax
-
-
-
-
total
-
11 900
-
-
Dividends
-
30 600
-
-
withholding
-
3 918
-
-
social contributions
-
5 261
-
-
surtax
-
-
-
-
total
-
9 179
-
-
Income
42 500
42 500
42 500
42 500
Total tax
20 258
21 079
16 169
16 793
After tax
22 242
21 421
26 331
25 707
Living cost
31 574
31 574
31 574
31 574
Free-cash
-9 332
-10 153
-5 243
-5 867

Estimated living cost  is ₽31574 per week

₽19909
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2567
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8562
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3767
-₽7025
-₽2115
-₽2739
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
other
-
-
-
1 317
social contributions
-
-
-
1 210
income
-
-
-
1 378
pensions
-
-
-
12 520
health
-
-
-
368
surtax
-
-
-
-
total
-
-
-
16 793
Employee
35 257
-
32 386
-
surtax
-
-
-
-
pensions
3 988
-
3 664
-
social contributions
1 005
-
923
-
income
1 818
-
1 471
-
total
6 811
-
6 058
-
Employer
35 257
-
32 386
-
other
1 217
-
1 117
-
pensions
5 793
-
5 320
-
unemployment
1 427
-
1 312
-
social contributions
105
-
96
-
health
2 468
-
2 266
-
total
11 010
-
10 111
-
Corporate
-
42 500
-
-
income
-
11 900
-
-
surtax
-
-
-
-
total
-
11 900
-
-
Dividends
-
30 600
-
-
withholding
-
3 918
-
-
social contributions
-
5 261
-
-
surtax
-
-
-
-
total
-
9 179
-
-
Income
42 500
42 500
42 500
42 500
Total tax
17 821
21 079
16 169
16 793
After tax
24 679
21 421
26 331
25 707
Living cost
28 446
28 446
28 446
28 446
Free-cash
-3 767
-7 025
-2 115
-2 739

Estimated living cost  is ₽28446 per week

₽16497
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8520
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6629
₽6360
₽6300
₽7724
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
social contributions
-
-
-
5 865
income
-
-
-
6 375
health
-
-
-
2 967
total
-
-
-
15 207
Employee
31 290
-
42 500
-
health
2 184
-
2 967
-
social contributions
4 319
-
5 865
-
income
5 219
-
7 799
-
total
11 722
-
16 631
-
Employer
31 290
-
42 500
-
total
-
-
-
-
Corporate
11 210
42 500
-
-
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%.

560
2 124
-
-
total
560
2 124
-
-
Dividends
10 649
40 376
-
-
health
814
2 818
-
-
withholding
1 597
6 056
-
-
social contributions
1 609
5 573
-
-
total
4 020
14 447
-
-
Income
42 500
42 500
42 500
42 500
Total tax
16 302
16 571
16 631
15 207
After tax
26 198
25 929
25 869
27 293
Living cost
19 569
19 569
19 569
19 569
Free-cash
6 629
6 360
6 300
7 724

Estimated living cost  is ₽19569 per week

₽13096
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1207
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4814
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17952
-₽11033
-₽15981
-₽8758
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
chamber of commerce
-
-
-
170
unemployment
-
-
-
5 660
income
-
-
-
1 615
pensions
-
-
-
7 863
health
-
-
-
3 250
surtax
-
-
-
182
total
-
-
-
18 740
Employee
46 120
36 777
36 777
-
unemployment
1 384
1 103
979
-
other
461
368
326
-
health
1 785
1 424
1 263
-
pensions
4 723
3 765
3 341
-
income
5 250
2 713
2 900
-
total
13 603
9 373
8 809
-
Employer
46 120
36 777
36 777
-
payroll
1 384
1 103
1 103
-
other
2 191
1 746
1 711
-
accident
599
478
424
-
pensions
5 788
4 616
4 095
-
unemployment
1 384
1 103
979
-
chamber of commerce
184
147
147
-
surtax
182
182
182
-
health
1 743
1 391
1 233
-
total
13 455
10 766
9 874
-
Corporate
3 503
3 503
29 124
-
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.

876
876
7 280
-
total
876
876
7 280
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
27 934
21 015
25 963
18 740
After tax
14 566
21 485
16 537
23 760
Living cost
32 518
32 518
32 518
32 518
Free-cash
-17 952
-11 033
-15 981
-8 758

Estimated living cost  is ₽32518 per week

₽21688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2774
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7522
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽42729
-₽9633
-₽14715
-₽9347
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
social contributions
-
-
-
3 942
national
-
-
-
11 943
communal

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

-
-
-
2 313
total
-
-
-
18 198
Employee

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

66 013
-
32 919
-
national
20 295
-
7 966
-
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.

574
-
287
-
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.

3 102
-
1 546
-
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.

4 951
-
2 469
-
communal

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

3 443
-
1 716
-
total
32 365
-
13 984
-
Employer

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

66 013
-
32 919
-
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.

858
-
427
-
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.

5 849
-
2 916
-
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.

963
-
480
-
surtax
7 485
-
3 734
-
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.

4 060
-
2 025
-
total
19 215
-
9 582
-
Corporate
-
42 500
-
-
income
-
8 501
-
-
surtax
-
170
-
-
total
-
8 671
-
-
Dividends
-
33 829
-
-
withholding

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

-
9 813
-
-
total
-
9 813
-
-
Income
42 500
42 500
42 500
42 500
Total tax
51 580
18 484
23 566
18 198
After tax
-9 080
24 016
18 934
24 302
Living cost
33 649
33 649
33 649
33 649
Free-cash
-42 729
-9 633
-14 715
-9 347

Estimated living cost  is ₽33649 per week

₽21674
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2942
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8506
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18082
-₽4579
-₽9299
-₽9628
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
other
-
-
-
42
unemployment
-
-
-
298
income
-
-
-
6 050
pensions
-
-
-
12 028
accident
-
-
-
382
total
-
-
-
18 800
Employee
45 938
-
32 227
-
unemployment
713
-
499
-
other
46
-
32
-
pensions
2 159
-
1 515
-
income
9 693
-
6 153
-
total
12 611
-
8 199
-
Employer
45 938
-
32 227
-
other
366
-
257
-
accident
909
-
637
-
pensions
10 841
-
7 606
-
unemployment
2 527
-
1 772
-
total
14 643
-
10 272
-
Corporate
-
42 500
-
-
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.

-
6 375
-
-
total
-
6 375
-
-
Dividends
-
36 125
-
-
withholding
-
7 376
-
-
total
-
7 376
-
-
Income
42 500
42 500
42 500
42 500
Total tax
27 254
13 751
18 471
18 800
After tax
15 246
28 749
24 029
23 700
Living cost
33 328
33 328
33 328
33 328
Free-cash
-18 082
-4 579
-9 299
-9 628

Estimated living cost  is ₽33328 per week

₽24543
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2364
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5940
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽35736
-₽23413
-₽21720
-₽21720
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
income
-
-
-
1 130
pensions
-
-
-
7 026
accident
-
-
-
396
communal
-
-
-
-
health
-
-
-
3 292
surtax
-
-
-
2 224
total
-
-
-
14 068
Employee
69 887
-
37 251
-
surtax
4 284
-
2 224
-
health
3 110
-
1 954
-
pensions
5 590
-
3 513
-
income
6 750
-
1 128
-
total
19 734
-
8 819
-
Employer
69 887
-
37 251
-
accident
629
-
396
-
pensions
5 590
-
3 513
-
health
2 131
-
1 340
-
total
8 350
-
5 249
-
Corporate
-
42 500
-
-
income
-
6 375
-
-
communal
-
2 869
-
-
surtax
-
447
-
-
total
-
9 691
-
-
Dividends
-
32 810
-
-
withholding
-
4 921
-
-
income
-
1 149
-
-
total
-
6 070
-
-
Income
42 500
42 500
42 500
42 500
Total tax
28 084
15 761
14 068
14 068
After tax
14 416
26 739
28 432
28 432
Living cost
50 152
50 152
50 152
50 152
Free-cash
-35 736
-23 413
-21 720
-21 720

Estimated living cost  is ₽50152 per week

₽37621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3039
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8960
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3070
₽6003
₽2631
₽3675
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
other
-
-
-
-
unemployment
-
-
-
210
income
-
-
-
6 154
pensions
-
-
-
8 501
health
-
-
-
3 017
surtax
-
-
-
215
total
-
-
-
18 097
Employee
31 079
-
35 110
-
surtax
110
-
186
-
unemployment
2 163
-
2 443
-
other
-
-
-
-
health
793
-
895
-
pensions
2 074
-
2 341
-
income
5 210
-
5 886
-
total
10 350
-
11 751
-
Employer
31 079
-
35 110
-
other
-
-
-
-
pensions
4 144
-
4 679
-
unemployment
986
-
1 114
-
health
1 413
-
1 597
-
total
6 543
-
7 390
-
Corporate
4 878
42 500
-
-
income
1 268
11 051
-
-
total
1 268
11 051
-
-
Dividends
3 611
31 449
-
-
withholding
541
4 718
-
-
total
541
4 718
-
-
Income
42 500
42 500
42 500
42 500
Total tax
18 702
15 769
19 141
18 097
After tax
23 798
26 731
23 359
24 403
Living cost
20 728
20 728
20 728
20 728
Free-cash
3 070
6 003
2 631
3 675

Estimated living cost  is ₽20728 per week

₽12515
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1802
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.
₽5932
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8693
-₽2521
-₽4044
-₽1657
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
regional
-
-
-
640
social contributions
-
-
-
10 932
municipal
-
-
-
252
national
-
-
-
7 473
total
-
-
-
19 297
Employee
51 192
-
42 500
-
national
8 110
-
6 555
-
regional
689
-
572
-
municipal
271
-
226
-
social contributions
17 263
-
14 331
-
total
26 333
-
21 684
-
Employer
51 192
-
42 500
-
total
-
-
-
-
Corporate
-
42 500
-
-
nationa
-
10 200
-
-
municipal
-
2 112
-
-
total
-
12 312
-
-
Dividends
-
30 188
-
-
withholding
-
7 849
-
-
total
-
7 849
-
-
Income
42 500
42 500
42 500
42 500
Total tax
26 333
20 161
21 684
19 297
After tax
16 167
22 339
20 816
23 203
Living cost
24 860
24 860
24 860
24 860
Free-cash
-8 693
-2 521
-4 044
-1 657

Estimated living cost  is ₽24860 per week

₽15460
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2518
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽426
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6455
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13140
₽1026
-₽6668
-₽7535
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
social contributions
-
-
-
12 410
income
-
-
-
3 653
health
-
-
-
5 737
solidarity contribution
-
-
-
-
total
-
-
-
21 800
Employee
41 522
-
31 716
-
solidarity contribution
-
-
-
-
health
5 605
-
4 282
-
social contributions
2 699
-
2 062
-
income
4 983
-
3 806
-
total
13 287
-
10 150
-
Employer
41 522
-
31 716
-
social contributions
10 381
-
7 929
-
health
3 737
-
2 854
-
total
14 118
-
10 783
-
Corporate
-
42 500
-
-
income
-
8 075
-
-
total
-
8 075
-
-
Dividends
-
34 425
-
-
withholding
-
5 164
-
-
total
-
5 164
-
-
Income
42 500
42 500
42 500
42 500
Total tax
27 405
13 239
20 933
21 800
After tax
15 095
29 261
21 567
20 700
Living cost
28 235
28 235
28 235
28 235
Free-cash
-13 140
1 026
-6 668
-7 535

Estimated living cost  is ₽28235 per week

₽20997
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1564
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.
₽5185
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10326
-₽7776
-₽12812
-₽5501
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
chamber of commerce
-
-
-
170
unemployment
-
-
-
5 660
income
-
-
-
1 615
pensions
-
-
-
7 863
health
-
-
-
3 250
surtax
-
-
-
-
total
-
-
-
18 558
Employee
40 341
36 777
36 777
-
unemployment
1 210
1 103
982
-
other
403
368
327
-
health
1 560
1 424
1 268
-
pensions
4 131
3 765
3 355
-
income
3 594
2 713
2 895
-
total
10 898
9 373
8 827
-
Employer
40 341
36 777
36 777
-
payroll
1 210
1 103
1 103
-
other
1 916
1 746
1 713
-
accident
524
478
426
-
pensions
5 063
4 616
4 114
-
unemployment
1 210
1 103
982
-
chamber of commerce
161
147
147
-
surtax
-
-
-
-
health
1 525
1 391
1 238
-
total
11 609
10 584
9 723
-
Corporate
3 503
3 503
29 274
-
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.

876
876
7 319
-
total
876
876
7 319
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
23 383
20 833
25 869
18 558
After tax
19 117
21 667
16 631
23 942
Living cost
29 443
29 443
29 443
29 443
Free-cash
-10 326
-7 776
-12 812
-5 501

Estimated living cost  is ₽29443 per week

₽17662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3007
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8249
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26540
₽28725
₽22350
₽30425
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
42 500
microenterprise

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

-
-
-
425
total
-
-
-
425
Employee
14 563
-
42 500
-
income
2 913
-
8 500
-
total
2 913
-
8 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

27 937
42 500
-
-
total
-
-
-
-
Dividends
27 937
42 500
-
-
withholding
1 397
2 125
-
-
total
1 397
2 125
-
-
Income
42 500
42 500
42 500
42 500
Total tax
4 310
2 125
8 500
425
After tax
38 190
40 375
34 000
42 075
Living cost
11 650
11 650
11 650
11 650
Free-cash
26 540
28 725
22 350
30 425

Estimated living cost  is ₽11650 per week

₽7884
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽489
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4664
₽4507
-₽2294
-₽947
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
42 500
unemployment
-
-
-
63
income
-
-
-
6 687
pensions
-
-
-
7 762
health
-
-
-
4 182
total
-
-
-
18 694
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.

40 809
-
36 773
-
unemployment
58
-
51
-
health
2 636
-
2 375
-
pensions
6 326
-
5 700
-
income
7 037
-
6 190
-
total
16 057
-
14 316
-
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.

40 809
-
36 773
-
pensions
3 611
-
3 254
-
unemployment
25
-
23
-
health
2 718
-
2 448
-
total
6 354
-
5 725
-
Corporate
-
42 500
-
-
income
-
8 075
-
-
total
-
8 075
-
-
Dividends
-
34 425
-
-
withholding
-
5 165
-
-
total
-
5 165
-
-
Income
42 500
42 500
42 500
42 500
Total tax
22 411
13 240
20 041
18 694
After tax
20 089
29 260
22 459
23 806
Living cost
24 753
24 753
24 753
24 753
Free-cash
-4 664
4 507
-2 294
-947

Estimated living cost  is ₽24753 per week

₽16988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1587
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5700
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
-₽99631
-₽15274
-₽11171
-₽11760
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
social contributions
-
-
-
4 845
income
-
-
-
8 284
total
-
-
-
13 129
Employee
58 975
-
-
-
social contributions
4 836
-
689
-
income
13 009
-
-
-
total
17 845
-
689
-
Employer
58 975
-
-
-
social contributions
83 155
-
11 851
-
total
83 155
-
11 851
-
Corporate
-
42 500
-
-
income
-
9 350
-
-
total
-
9 350
-
-
Dividends
-
33 150
-
-
income
-
7 293
-
-
total
-
7 293
-
-
Income
42 500
42 500
42 500
42 500
Total tax
101 000
16 643
12 540
13 129
After tax
-58 500
25 857
29 960
29 371
Living cost
41 131
41 131
41 131
41 131
Free-cash
-99 631
-15 274
-11 171
-11 760

Estimated living cost  is ₽41131 per week

₽26687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3868
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.
₽10051
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10025
-₽4773
-₽5007
-₽4095
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
42 500
social contributions

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

-
-
-
14 769
income
-
-
-
2 879
surtax
-
-
-
-
total
-
-
-
17 648
Employee
42 444
-
34 342
-
surtax
-
-
-
-
social contributions
4 669
-
3 778
-
income
8 829
-
6 626
-
total
13 498
-
10 404
-
Employer
42 444
-
34 342
-
social contributions
10 080
-
8 156
-
total
10 080
-
8 156
-
Corporate
-
42 500
-
-
income
-
8 925
-
-
surtax
-
-
-
-
total
-
8 925
-
-
Dividends
-
33 575
-
-
withholding
-
9 401
-
-
total
-
9 401
-
-
Income
42 500
42 500
42 500
42 500
Total tax
23 578
18 326
18 560
17 648
After tax
18 922
24 174
23 940
24 852
Living cost
28 947
28 947
28 947
28 947
Free-cash
-10 025
-4 773
-5 007
-4 095

Estimated living cost  is ₽28947 per week

₽21658
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.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽33352
-₽23152
-₽18242
-₽18866
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
other
-
-
-
1 317
social contributions
-
-
-
1 210
income
-
-
-
1 378
pensions
-
-
-
12 520
health
-
-
-
368
surtax
-
-
-
-
total
-
-
-
16 793
Employee
57 801
-
32 386
-
surtax
-
-
-
-
pensions
6 538
-
3 664
-
social contributions
1 646
-
923
-
income
5 043
-
1 471
-
total
13 227
-
6 058
-
Employer
57 801
-
32 386
-
other
1 995
-
1 117
-
pensions
9 497
-
5 320
-
unemployment
2 341
-
1 312
-
social contributions
173
-
96
-
health
4 046
-
2 266
-
total
18 052
-
10 111
-
Corporate
-
42 500
-
-
income
-
11 900
-
-
surtax
-
-
-
-
total
-
11 900
-
-
Dividends
-
30 600
-
-
withholding
-
3 918
-
-
social contributions
-
5 261
-
-
surtax
-
-
-
-
total
-
9 179
-
-
Income
42 500
42 500
42 500
42 500
Total tax
31 279
21 079
16 169
16 793
After tax
11 221
21 421
26 331
25 707
Living cost
44 573
44 573
44 573
44 573
Free-cash
-33 352
-23 152
-18 242
-18 866

Estimated living cost  is ₽44573 per week

₽30166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3646
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.
₽10149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7409
₽10509
₽6664
₽5409
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
income
-
-
-
-
social contributions
-
-
-
9 350
total
-
-
-
9 350
Employee
29 669
-
36 796
-
social contributions
1 928
-
2 391
-
income
-
-
-
-
total
1 928
-
2 391
-
Employer
29 669
-
36 796
-
social contributions
4 599
-
5 704
-
total
4 599
-
5 704
-
Corporate
8 232
42 500
-
-
income
823
4 250
-
-
total
823
4 250
-
-
Dividends
7 409
38 250
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
7 350
4 250
8 095
9 350
After tax
35 150
38 250
34 405
33 150
Living cost
27 741
27 741
27 741
27 741
Free-cash
7 409
10 509
6 664
5 409

Estimated living cost  is ₽27741 per week

₽17937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2091
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.
₽7191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽158365
-₽158365
-₽158365
-₽16140
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
pensions
-
-
-
799
municipal
-
-
-
6 355
labour market
-
-
-
3 336
national
-
-
-
3 750
total
-
-
-
14 240
Employee
187 400
187 400
187 400
-
national
22 894
22 894
22 894
-
municipal
39 906
39 906
39 906
-
labour market
14 971
14 971
14 971
-
pensions
266
266
266
-
total
78 037
78 037
78 037
-
Employer
187 400
187 400
187 400
-
municipal
39 969
39 969
39 969
-
pensions
533
533
533
-
national
22 934
22 934
22 934
-
labour market
14 992
14 992
14 992
-
total
78 428
78 428
78 428
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
156 465
156 465
156 465
14 240
After tax
-113 965
-113 965
-113 965
28 260
Living cost
44 400
44 400
44 400
44 400
Free-cash
-158 365
-158 365
-158 365
-16 140

Estimated living cost  is ₽44400 per week

₽30388
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3928
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽683
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9401
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽315
-₽16948
₽2053
₽9106
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
other
-
-
-
349
income
-
-
-
6 451
pensions
-
-
-
3 914
accident
-
-
-
238
health
-
-
-
2 052
total
-
-
-
13 004
Employee
32 076
-
35 305
-
health
3 673
-
4 043
-
pensions
3 612
-
3 975
-
income
4 400
-
4 844
-
total
11 685
-
12 862
-
Employer
32 076
-
35 305
-
accident
536
-
589
-
pensions
5 215
-
5 741
-
unemployment
786
-
865
-
total
6 537
-
7 195
-
Corporate
3 887
42 500
-
-
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.

3 499
38 250
-
-
total
3 499
38 250
-
-
Dividends
389
4 250
-
-
withholding
74
808
-
-
total
74
808
-
-
Income
42 500
42 500
42 500
42 500
Total tax
21 795
39 058
20 057
13 004
After tax
20 705
3 442
22 443
29 496
Living cost
20 390
20 390
20 390
20 390
Free-cash
315
-16 948
2 053
9 106

Estimated living cost  is ₽20390 per week

₽14842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4003
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15216
-₽6022
-₽8776
-₽1487
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
42 500
municipal
-
-
-
7 601
national
-
-
-
685
health
-
-
-
270
total
-
-
-
8 556
Employee
48 554
-
35 754
-
national
802
-
109
-
unemployment
729
-
536
-
health
363
-
165
-
municipal
7 953
-
5 876
-
pensions
3 277
-
2 413
-
total
13 124
-
9 099
-
Employer
48 554
-
35 754
-
accident
49
-
35
-
pensions
8 424
-
6 203
-
unemployment
315
-
233
-
health
373
-
275
-
total
9 161
-
6 746
-
Corporate
-
42 500
-
-
income
-
8 501
-
-
total
-
8 501
-
-
Dividends

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

-
25 499
-
-
municipal
-
4 590
-
-
national
-
-
-
-
total
-
4 590
-
-
Income
42 500
42 500
42 500
42 500
Total tax
22 285
13 091
15 845
8 556
After tax
20 215
29 409
26 655
33 944
Living cost
35 431
35 431
35 431
35 431
Free-cash
-15 216
-6 022
-8 776
-1 487

Estimated living cost  is ₽35431 per week

₽23143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3408
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5005
₽264
₽5816
₽13291
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
social contributions
-
-
-
6 630
income
-
-
-
128
health
-
-
-
1 084
total
-
-
-
7 842
Employee
70 964
70 964
70 964
-
health
550
1 207
657
-
social contributions
2 683
5 890
3 203
-
income
7 727
6 569
7 539
-
total
10 960
13 666
11 399
-
Employer
70 964
70 964
70 964
-
social contributions
2 683
5 890
3 203
-
health
597
1 313
715
-
total
3 280
7 203
3 918
-
Corporate
6 893
-
-
-
income
862
-
-
-
total
862
-
-
-
Dividends
6 032
-
-
-
withholding
1 026
-
-
-
total
1 026
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
16 128
20 869
15 317
7 842
After tax
26 372
21 631
27 183
34 658
Living cost
21 367
21 367
21 367
21 367
Free-cash
5 005
264
5 816
13 291

Estimated living cost  is ₽21367 per week

₽12806
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2096
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5993
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15848
₽20541
₽11737
₽15279
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 500
unemployment
-
-
-
26
income
-
-
-
3 333
pensions
-
-
-
5 870
health
-
-
-
3 340
total
-
-
-
12 569
Employee

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

21 183
-
38 532
-
unemployment
105
-
193
-
health
1 800
-
3 275
-
pensions
3 177
-
5 779
-
income
1 448
-
2 895
-
total
6 530
-
12 142
-
Employer

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

21 183
-
38 532
-
pensions
1 165
-
2 119
-
unemployment
105
-
193
-
health
911
-
1 657
-
total
2 181
-
3 969
-
Corporate
19 137
42 500
-
-
income
1 722
3 825
-
-
total
1 722
3 825
-
-
Dividends
17 415
38 675
-
-
withholding
1 567
3 482
-
-
total
1 567
3 482
-
-
Income
42 500
42 500
42 500
42 500
Total tax
12 000
7 307
16 111
12 569
After tax
30 500
35 193
26 389
29 931
Living cost
14 652
14 652
14 652
14 652
Free-cash
15 848
20 541
11 737
15 279

Estimated living cost  is ₽14652 per week

₽9348
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1056
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 Podgorica model

Close
Valencia , Spain
-₽2501
₽3371
-₽1349
-₽1678
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
other
-
-
-
42
unemployment
-
-
-
298
income
-
-
-
6 050
pensions
-
-
-
12 028
accident
-
-
-
382
total
-
-
-
18 800
Employee
34 124
-
32 227
-
unemployment
529
-
499
-
other
33
-
32
-
pensions
1 604
-
1 515
-
income
6 579
-
6 153
-
total
8 745
-
8 199
-
Employer
34 124
-
32 227
-
other
273
-
257
-
accident
676
-
637
-
pensions
8 052
-
7 606
-
unemployment
1 877
-
1 772
-
total
10 878
-
10 272
-
Corporate
-
42 500
-
-
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.

-
6 375
-
-
total
-
6 375
-
-
Dividends
-
36 125
-
-
withholding
-
7 376
-
-
total
-
7 376
-
-
Income
42 500
42 500
42 500
42 500
Total tax
19 623
13 751
18 471
18 800
After tax
22 877
28 749
24 029
23 700
Living cost
25 378
25 378
25 378
25 378
Free-cash
-2 501
3 371
-1 349
-1 678

Estimated living cost  is ₽25378 per week

₽17129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2440
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5364
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24534
₽24815
₽24797
₽24918
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
income
-
-
-
13 731
pensions
-
-
-
1 244
health
-
-
-
902
total
-
-
-
15 877
Employee
2 597
-
41 101
-
unemployment
26
-
62
-
health
130
-
311
-
pensions
234
-
560
-
income
502
-
13 666
-
total
892
-
14 599
-
Employer
2 597
-
41 101
-
pensions
286
-
684
-
unemployment
52
-
124
-
health
247
-
591
-
total
585
-
1 399
-
Corporate
39 319
42 500
-
-
income
8 650
9 350
-
-
total
8 650
9 350
-
-
Dividends
30 669
33 150
-
-
withholding
6 134
6 630
-
-
total
6 134
6 630
-
-
Income
42 500
42 500
42 500
42 500
Total tax
16 261
15 980
15 998
15 877
After tax
26 239
26 520
26 502
26 623
Living cost
1 705
1 705
1 705
1 705
Free-cash
24 534
24 815
24 797
24 918

Estimated living cost  is ₽1705 per week

₽1013
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽39
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽514
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10244
₽14776
₽7226
₽5394
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
42 500
unemployment
-
-
-
638
income
-
-
-
5 110
pensions
-
-
-
11 050
health
-
-
-
4 378
total
-
-
-
21 176
Employee

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

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

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

24 022
-
36 048
-
unemployment
180
-
270
-
health
1 237
-
1 856
-
pensions
3 363
-
5 047
-
income
3 311
-
5 719
-
total
8 091
-
12 892
-
Employer

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

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

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

24 022
-
36 048
-
pensions
2 883
-
4 326
-
unemployment
180
-
270
-
health
1 237
-
1 856
-
total
4 300
-
6 452
-
Corporate
14 178
42 500
-
-
income
2 127
6 375
-
-
total
2 127
6 375
-
-
Dividends
12 051
36 125
-
-
withholding
1 808
5 419
-
-
total
1 808
5 419
-
-
Income
42 500
42 500
42 500
42 500
Total tax
16 326
11 794
19 344
21 176
After tax
26 174
30 706
23 156
21 324
Living cost
15 930
15 930
15 930
15 930
Free-cash
10 244
14 776
7 226
5 394

Estimated living cost  is ₽15930 per week

₽10726
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1232
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.
₽3511
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1825
-₽706
-₽940
-₽28
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
42 500
social contributions

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

-
-
-
14 769
income
-
-
-
2 879
surtax
-
-
-
-
total
-
-
-
17 648
Employee
35 818
-
34 342
-
surtax
-
-
-
-
social contributions
3 940
-
3 778
-
income
6 999
-
6 626
-
total
10 939
-
10 404
-
Employer
35 818
-
34 342
-
social contributions
8 506
-
8 156
-
total
8 506
-
8 156
-
Corporate
-
42 500
-
-
income
-
8 925
-
-
surtax
-
-
-
-
total
-
8 925
-
-
Dividends
-
33 575
-
-
withholding
-
9 401
-
-
total
-
9 401
-
-
Income
42 500
42 500
42 500
42 500
Total tax
19 445
18 326
18 560
17 648
After tax
23 055
24 174
23 940
24 852
Living cost
24 880
24 880
24 880
24 880
Free-cash
-1 825
-706
-940
-28

Estimated living cost  is ₽24880 per week

₽17622
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5089
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16281
-₽3684
-₽8404
-₽8733
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
other
-
-
-
42
unemployment
-
-
-
298
income
-
-
-
6 050
pensions
-
-
-
12 028
accident
-
-
-
382
total
-
-
-
18 800
Employee
44 570
-
32 227
-
unemployment
690
-
499
-
other
44
-
32
-
pensions
2 095
-
1 515
-
income
9 309
-
6 153
-
total
12 138
-
8 199
-
Employer
44 570
-
32 227
-
other
357
-
257
-
accident
883
-
637
-
pensions
10 518
-
7 606
-
unemployment
2 452
-
1 772
-
total
14 210
-
10 272
-
Corporate
-
42 500
-
-
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.

-
6 375
-
-
total
-
6 375
-
-
Dividends
-
36 125
-
-
withholding
-
7 376
-
-
total
-
7 376
-
-
Income
42 500
42 500
42 500
42 500
Total tax
26 348
13 751
18 471
18 800
After tax
16 152
28 749
24 029
23 700
Living cost
32 433
32 433
32 433
32 433
Free-cash
-16 281
-3 684
-8 404
-8 733

Estimated living cost  is ₽32433 per week

₽23292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2522
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.
₽6163
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15169
₽20704
₽12416
₽12017
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
unemployment
-
-
-
127
income
-
-
-
6 375
pensions

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

-
-
-
4 698
health
-
-
-
3 650
total
-
-
-
14 850
Employee
20 700
-
36 272
-
accident

We are using the highest rate at 1.1%.

227
-
349
-
health
952
-
1 460
-
pensions

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

1 817
-
2 787
-
income
2 070
-
3 628
-
total
5 066
-
8 224
-
Employer
20 700
-
36 272
-
accident

We are using the highest rate at 1.1%.

227
-
349
-
pensions

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

2 281
-
3 498
-
unemployment
124
-
190
-
health
1 428
-
2 190
-
total
4 060
-
6 227
-
Corporate
17 738
42 500
-
-
income
1 774
4 250
-
-
total
1 774
4 250
-
-
Dividends
15 964
38 250
-
-
withholding
798
1 913
-
-
total
798
1 913
-
-
Income
42 500
42 500
42 500
42 500
Total tax
11 698
6 163
14 451
14 850
After tax
30 802
36 337
28 049
27 650
Living cost
15 633
15 633
15 633
15 633
Free-cash
15 169
20 704
12 416
12 017

Estimated living cost  is ₽15633 per week

₽10339
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽895
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽373
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3418
-₽13557
-₽2438
-₽2438
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
42 500
trade
-
-
-
-
income

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

-
-
-
2 848
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.

-
-
-
6 305
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.

-
-
-
156
total
-
-
-
9 309
Employee

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

45 918
-
42 500
-
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.

208
-
156
-
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.

6 305
-
6 305
-
income

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

3 776
-
2 848
-
total
10 289
-
9 309
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
42 500
-
-
trade
-
6 098
-
-
income
-
6 375
-
-
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.

-
350
-
-
chamber of commerce
-
203
-
-
total
-
13 026
-
-
Dividends
-
29 474
-
-
withholding
-
7 017
-
-
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.

-
385
-
-
total
-
7 402
-
-
Income
42 500
42 500
42 500
42 500
Total tax
10 289
20 428
9 309
9 309
After tax
32 211
22 072
33 191
33 191
Living cost
35 629
35 629
35 629
35 629
Free-cash
-3 418
-13 557
-2 438
-2 438

Estimated living cost  is ₽35629 per week

₽24578
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3834
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6700
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29689
-₽22820
-₽18412
-₽18412
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
social contributions
-
-
-
2 731
income
-
-
-
5 611
total
-
-
-
8 342
Employee
72 188
-
42 500
-
social contributions
5 997
-
2 731
-
income
13 622
-
5 611
-
total
19 619
-
8 342
-
Employer
72 188
-
42 500
-
total
-
-
-
-
Corporate
-
42 500
-
-
income
-
5 312
-
-
total
-
5 312
-
-
Dividends
-
37 188
-
-
withholding
-
7 438
-
-
total
-
7 438
-
-
Income
42 500
42 500
42 500
42 500
Total tax
19 619
12 750
8 342
8 342
After tax
22 881
29 750
34 158
34 158
Living cost
52 570
52 570
52 570
52 570
Free-cash
-29 689
-22 820
-18 412
-18 412

Estimated living cost  is ₽52570 per week

₽39994
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4284
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7790
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6833
-₽10020
-₽2500
-₽22841
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
42 500
health

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

-
-
-
5 571
income
-
-
-
26 270
total
-
-
-
31 841
Employee
42 335
-
38 630
-
social contributions
4 242
-
3 870
-
income
4 594
-
3 760
-
total
8 836
-
7 630
-
Employer
42 335
-
38 630
-
social contributions
4 242
-
3 870
-
total
4 242
-
3 870
-
Corporate
-
42 500
-
-
income
-
14 876
-
-
total
-
14 876
-
-
Dividends
-
27 624
-
-
social contributions
2 755
4 144
-
-
total
2 755
4 144
-
-
Income
42 500
42 500
42 500
42 500
Total tax
15 833
19 020
11 500
31 841
After tax
26 667
23 480
31 000
10 659
Living cost
33 500
33 500
33 500
33 500
Free-cash
-6 833
-10 020
-2 500
-22 841

Estimated living cost  is ₽33500 per week

₽22066
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8278
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10119
-₽2381
-₽6014
-₽2055
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
income
-
-
-
8 042
pensions
-
-
-
2 287
total
-
-
-
10 329
Employee
46 980
-
38 234
-
health
613
-
434
-
pensions
3 586
-
2 537
-
income
8 555
-
7 052
-
total
12 754
-
10 023
-
Employer
46 980
-
38 234
-
pensions
4 746
-
3 539
-
health
893
-
726
-
total
5 639
-
4 265
-
Corporate
-
42 500
-
-
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.

-
8 074
-
-
total
-
8 074
-
-
Dividends
-
34 426
-
-
withholding
-
2 581
-
-
total
-
2 581
-
-
Income
42 500
42 500
42 500
42 500
Total tax
18 393
10 655
14 288
10 329
After tax
24 107
31 845
28 212
32 171
Living cost
34 226
34 226
34 226
34 226
Free-cash
-10 119
-2 381
-6 014
-2 055

Estimated living cost  is ₽34226 per week

₽23479
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3147
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7169
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽6
-₽18967
₽34
₽7087
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
other
-
-
-
349
income
-
-
-
6 451
pensions
-
-
-
3 914
accident
-
-
-
238
health
-
-
-
2 052
total
-
-
-
13 004
Employee
35 251
-
35 305
-
health
4 036
-
4 043
-
pensions
3 969
-
3 975
-
income
4 836
-
4 844
-
total
12 841
-
12 862
-
Employer
35 251
-
35 305
-
accident
589
-
589
-
pensions
5 732
-
5 741
-
unemployment
863
-
865
-
total
7 184
-
7 195
-
Corporate
66
42 500
-
-
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.

59
38 250
-
-
total
59
38 250
-
-
Dividends
6
4 250
-
-
withholding
1
808
-
-
total
1
808
-
-
Income
42 500
42 500
42 500
42 500
Total tax
20 085
39 058
20 057
13 004
After tax
22 415
3 442
22 443
29 496
Living cost
22 409
22 409
22 409
22 409
Free-cash
6
-18 967
34
7 087

Estimated living cost  is ₽22409 per week

₽16446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1306
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4206
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19203
₽23683
₽13174
₽13174
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
42 500
unemployment
-
-
-
510
income
-
-
-
5 196
pensions
-
-
-
7 820
health insurance
-
-
-
3 145
work injury
-
-
-
213
total
-
-
-
16 884
Employee

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

19 907
-
42 500
-
health insurance
1 473
-
3 145
-
unemployment
239
-
510
-
work injury
100
-
213
-
pensions
3 663
-
7 820
-
income
1 991
-
5 196
-
total
7 466
-
16 884
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
22 593
42 500
-
-
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
22 593
42 500
-
-
withholding
3 389
6 375
-
-
total
3 389
6 375
-
-
Income
42 500
42 500
42 500
42 500
Total tax
10 855
6 375
16 884
16 884
After tax
31 645
36 125
25 616
25 616
Living cost
12 442
12 442
12 442
12 442
Free-cash
19 203
23 683
13 174
13 174

Estimated living cost  is ₽12442 per week

₽7708
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽904
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3442
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽35267
-₽14379
-₽15912
-₽13554
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
regional
-
-
-
600
social contributions
-
-
-
10 932
municipal
-
-
-
284
national
-
-
-
7 473
total
-
-
-
19 289
Employee
77 766
-
42 500
-
national
13 142
-
6 555
-
regional
1 174
-
507
-
municipal
464
-
254
-
social contributions
26 222
-
14 331
-
total
41 002
-
21 647
-
Employer
77 766
-
42 500
-
total
-
-
-
-
Corporate
-
42 500
-
-
nationa
-
10 200
-
-
municipal
-
2 049
-
-
total
-
12 249
-
-
Dividends
-
30 251
-
-
withholding
-
7 865
-
-
total
-
7 865
-
-
Income
42 500
42 500
42 500
42 500
Total tax
41 002
20 114
21 647
19 289
After tax
1 498
22 386
20 853
23 211
Living cost
36 765
36 765
36 765
36 765
Free-cash
-35 267
-14 379
-15 912
-13 554

Estimated living cost  is ₽36765 per week

₽25825
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2529
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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