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
₽4095
₽5521
-₽5988
₽5537
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 230
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.

-
-
-
163
trade
-
-
-
16
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.

-
-
-
2 950
total
-
-
-
9 359
Employee

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

34 877
-
42 500
-
income

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

974
-
2 950
-
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.

6 230
-
6 230
-
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
-
163
-
total
7 258
-
9 343
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
7 623
42 500
-
-
trade
1 201
6 693
-
-
income
1 144
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.

62
351
-
-
chamber of commerce
149
199
-
-
total
2 556
13 618
-
-
Dividends
5 067
28 881
-
-
withholding
921
6 873
-
-
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.

50
377
-
-
total
971
7 250
-
-
Income
42 500
42 500
42 500
42 500
Total tax
10 785
20 868
9 343
9 359
After tax
31 715
21 632
33 157
33 141
Living cost
27 620
27 620
27 620
27 620
Free-cash
4 095
-5 988
5 537
5 521

Estimated living cost  is ₽27620 per week

₽17374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3220
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽43153
-₽23173
-₽24137
-₽22840
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
5 749
pensions
-
-
-
5 100
social contributions
-
-
-
457
municipal
-
-
-
3 710
total
-
-
-
15 016
Employee
78 527
-
36 741
-
pensions
3 141
-
1 470
-
national
15 030
-
6 004
-
municipal
9 699
-
3 875
-
total
27 870
-
11 349
-
Employer
78 527
-
36 741
-
social contributions
844
-
395
-
pensions
6 282
-
2 939
-
total
7 126
-
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
34 996
15 980
14 683
15 016
After tax
7 504
26 520
27 817
27 484
Living cost
50 657
50 657
50 657
50 657
Free-cash
-43 153
-24 137
-22 840
-23 173

Estimated living cost  is ₽50657 per week

₽34431
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽758
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10759
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7549
₽14283
₽15029
₽5415
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
income
-
-
-
-
microenterprise
-
-
-
6 375
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.

-
-
-
2 871
total
-
-
-
9 246
Employee
26 645
-
34 249
-
income
4 743
-
6 096
-
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.

2 931
-
3 767
-
surtax
-
-
-
-
total
7 674
-
9 863
-
Employer
26 645
-
34 249
-
surtax
-
-
-
-
social contributions

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

6 418
-
8 251
-
total
6 418
-
8 251
-
Corporate
9 437
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%.

1 888
8 500
-
-
total
1 888
8 500
-
-
Dividends

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

7 549
34 000
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
15 980
8 500
18 114
9 246
After tax
26 520
34 000
24 386
33 254
Living cost
18 971
18 971
18 971
18 971
Free-cash
7 549
15 029
5 415
14 283

Estimated living cost  is ₽18971 per week

₽12103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4631
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽48050
-₽13802
-₽42931
-₽48050
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 524
pensions
-
-
-
7 650
income
-
-
-
3 929
total
-
-
-
18 103
Employee
77 870
77 870
77 870
-
pensions
14 017
10 684
14 017
-
income

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

12 746
12 746
12 746
-
health
11 952
10 166
11 952
-
total
38 715
33 596
38 715
-
Employer
77 870
77 870
77 870
-
health
5 413
5 413
5 413
-
unemployment
2 803
2 803
2 803
-
pensions
5 420
5 420
5 420
-
total
13 636
13 636
13 636
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
52 351
47 232
52 351
18 103
After tax
-9 851
-4 732
-9 851
24 397
Living cost
38 199
38 199
38 199
38 199
Free-cash
-48 050
-42 931
-48 050
-13 802

Estimated living cost  is ₽38199 per week

₽27071
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7077
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27285
-₽16079
-₽14061
-₽14572
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 652
national
-
-
-
-
accident
-
-
-
85
unemployment
-
-
-
42
pensions
-
-
-
4 594
other
-
-
-
4 938
municipal
-
-
-
9 002
total
-
-
-
21 313
Employee
53 101
-
32 339
-
national
-
-
-
-
municipal
15 835
-
9 644
-
total
15 835
-
9 644
-
Employer
53 101
-
32 339
-
health
3 266
-
1 989
-
accident
106
-
65
-
other
6 170
-
3 758
-
unemployment
1 402
-
854
-
pensions
5 740
-
3 496
-
total
16 684
-
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
32 519
19 295
19 806
21 313
After tax
9 981
23 205
22 694
21 187
Living cost
37 266
37 266
37 266
37 266
Free-cash
-27 285
-14 061
-14 572
-16 079

Estimated living cost  is ₽37266 per week

₽24699
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3657
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8345
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3743
-₽2682
-₽14411
-₽2665
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 230
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.

-
-
-
163
trade
-
-
-
17
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.

-
-
-
2 950
total
-
-
-
9 360
Employee

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

46 243
-
42 500
-
income

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

3 973
-
2 950
-
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.

6 230
-
6 230
-
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.

218
-
163
-
total
10 421
-
9 343
-
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.

-
351
-
-
chamber of commerce
-
199
-
-
total
-
13 916
-
-
Dividends
-
28 584
-
-
withholding
-
6 799
-
-
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.

-
374
-
-
total
-
7 173
-
-
Income
42 500
42 500
42 500
42 500
Total tax
10 421
21 089
9 343
9 360
After tax
32 079
21 411
33 157
33 140
Living cost
35 822
35 822
35 822
35 822
Free-cash
-3 743
-14 411
-2 665
-2 682

Estimated living cost  is ₽35822 per week

₽23958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2710
₽5003
-₽7695
-₽2287
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
1 083
income
-
-
-
209
social contributions
-
-
-
6 629
total
-
-
-
7 921
Employee
70 118
70 118
70 118
-
income
7 363
6 491
7 436
-
social contributions
3 407
5 819
3 203
-
health
697
1 192
656
-
total
11 467
13 502
11 295
-
Employer
70 118
70 118
70 118
-
health
760
1 298
713
-
social contributions
3 407
5 819
3 203
-
total
4 167
7 117
3 916
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
15 634
20 619
15 211
7 921
After tax
26 866
21 881
27 289
34 579
Living cost
29 576
29 576
29 576
29 576
Free-cash
-2 710
-7 695
-2 287
5 003

Estimated living cost  is ₽29576 per week

₽20218
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2310
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6551
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6762
₽11687
₽6392
₽6884
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 975
unemployment
-
-
-
638
pensions
-
-
-
4 250
income
-
-
-
5 196
total
-
-
-
13 059
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.

25 628
10 200
35 565
-
pensions
2 563
1 020
3 556
-
income
3 133
1 247
4 348
-
unemployment
384
153
533
-
health
1 794
714
2 490
-
total
7 874
3 134
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.

25 628
10 200
35 565
-
pensions
4 997
1 989
6 935
-
total
4 997
1 989
6 935
-
Corporate
11 875
30 312
-
-
income
1 069
2 728
-
-
total
1 069
2 728
-
-
Dividends
10 806
27 583
-
-
social contributions
1 991
5 262
-
-
withholding
2 053
5 241
-
-
total
4 044
10 503
-
-
Income
42 500
42 500
42 500
42 500
Total tax
17 984
18 354
17 862
13 059
After tax
24 516
24 146
24 638
29 441
Living cost
17 754
17 754
17 754
17 754
Free-cash
6 762
6 392
6 884
11 687

Estimated living cost  is ₽17754 per week

₽12115
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1453
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽355
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3831
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6310
₽2437
₽11975
₽3915
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 525
pensions
-
-
-
8 500
income
-
-
-
4 013
total
-
-
-
18 038
Employee
25 868
-
31 764
-
pensions
517
-
635
-
income
2 912
-
4 681
-
unemployment
414
-
509
-
total
3 843
-
5 825
-
Employer
25 868
-
31 764
-
health
3 362
-
4 129
-
unemployment
208
-
254
-
pensions
5 174
-
6 352
-
total
8 744
-
10 735
-
Corporate
7 888
42 500
-
-
income
1 578
8 500
-
-
total
1 578
8 500
-
-
Dividends
6 310
34 000
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
14 165
8 500
16 560
18 038
After tax
28 335
34 000
25 940
24 462
Living cost
22 025
22 025
22 025
22 025
Free-cash
6 310
11 975
3 915
2 437

Estimated living cost  is ₽22025 per week

₽15107
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1312
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5164
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽446
₽9933
-₽16088
₽2912
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
1 936
accident
-
-
-
224
pensions
-
-
-
3 694
other
-
-
-
329
income
-
-
-
6 853
total
-
-
-
13 036
Employee
30 724
-
35 305
-
pensions
3 460
-
3 976
-
income
4 215
-
4 843
-
health
3 518
-
4 042
-
total
11 193
-
12 861
-
Employer
30 724
-
35 305
-
accident
513
-
590
-
unemployment
753
-
865
-
pensions
4 996
-
5 741
-
total
6 262
-
7 196
-
Corporate
5 515
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.

4 963
38 250
-
-
total
4 963
38 250
-
-
Dividends
551
4 250
-
-
withholding
105
807
-
-
total
105
807
-
-
Income
42 500
42 500
42 500
42 500
Total tax
22 523
39 057
20 057
13 036
After tax
19 977
3 443
22 443
29 464
Living cost
19 531
19 531
19 531
19 531
Free-cash
446
-16 088
2 912
9 933

Estimated living cost  is ₽19531 per week

₽14315
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1082
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3727
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30793
₽34006
₽32306
₽25931
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 086
-
42 500
-
income
2 017
-
8 500
-
total
2 017
-
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%.

32 414
42 500
-
-
total
-
-
-
-
Dividends
32 414
42 500
-
-
withholding
1 621
2 125
-
-
total
1 621
2 125
-
-
Income
42 500
42 500
42 500
42 500
Total tax
3 638
2 125
8 500
425
After tax
38 862
40 375
34 000
42 075
Living cost
8 069
8 069
8 069
8 069
Free-cash
30 793
32 306
25 931
34 006

Estimated living cost  is ₽8069 per week

₽5001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽671
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽222
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽768
-₽1286
₽6926
₽613
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
1 871
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.

-
-
-
10 201
other
-
-
-
2 019
income
-
-
-
5 397
total
-
-
-
19 488
Employee
33 109
-
33 945
-
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.

2 317
-
2 376
-
income
5 700
-
5 844
-
unemployment
331
-
339
-
health
464
-
476
-
total
8 812
-
9 035
-
Employer
33 109
-
33 945
-
health
464
-
476
-
accident
265
-
272
-
other
1 656
-
1 698
-
unemployment
331
-
339
-
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.

5 629
-
5 769
-
total
8 345
-
8 554
-
Corporate
1 047
42 500
-
-
income
220
8 926
-
-
total
220
8 926
-
-
Dividends
827
33 574
-
-
withholding
57
2 350
-
-
total
57
2 350
-
-
Income
42 500
42 500
42 500
42 500
Total tax
17 434
11 276
17 589
19 488
After tax
25 066
31 224
24 911
23 012
Living cost
24 298
24 298
24 298
24 298
Free-cash
768
6 926
613
-1 286

Estimated living cost  is ₽24298 per week

₽17168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
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.
₽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 Bratislava model

Close
London , United Kingdom
-₽58571
-₽30630
-₽30982
-₽34554
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 257
income
-
-
-
8 048
total
-
-
-
10 305
Employee
88 889
-
38 265
-
pensions
8 575
-
2 501
-
income
16 023
-
7 067
-
health
1 465
-
426
-
total
26 063
-
9 994
-
Employer
88 889
-
38 265
-
health
1 688
-
726
-
pensions
10 495
-
3 509
-
total
12 183
-
4 235
-
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.

-
8 075
-
-
total
-
8 075
-
-
Dividends
-
34 425
-
-
withholding
-
2 582
-
-
total
-
2 582
-
-
Income
42 500
42 500
42 500
42 500
Total tax
38 246
10 657
14 229
10 305
After tax
4 254
31 843
28 271
32 195
Living cost
62 825
62 825
62 825
62 825
Free-cash
-58 571
-30 982
-34 554
-30 630

Estimated living cost  is ₽62825 per week

₽47076
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7382
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7857
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽20169
₽15694
₽24398
₽16088
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 658
unemployment
-
-
-
127
pensions

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

-
-
-
4 707
income
-
-
-
6 375
total
-
-
-
14 867
Employee
15 809
-
36 260
-
pensions

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

1 388
-
2 793
-
accident

We are using the highest rate at 1.1%.

174
-
350
-
income
1 581
-
3 626
-
health
727
-
1 463
-
total
3 870
-
8 232
-
Employer
15 809
-
36 260
-
health
1 091
-
2 195
-
accident

We are using the highest rate at 1.1%.

174
-
350
-
unemployment
95
-
191
-
pensions

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

1 742
-
3 505
-
total
3 102
-
6 241
-
Corporate
23 589
42 500
-
-
income
2 359
4 250
-
-
total
2 359
4 250
-
-
Dividends
21 230
38 250
-
-
withholding
1 061
1 913
-
-
total
1 061
1 913
-
-
Income
42 500
42 500
42 500
42 500
Total tax
10 392
6 163
14 473
14 867
After tax
32 108
36 337
28 027
27 633
Living cost
11 939
11 939
11 939
11 939
Free-cash
20 169
24 398
16 088
15 694

Estimated living cost  is ₽11939 per week

₽6970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽853
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.
₽3800
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽56843
-₽26167
-₽55296
-₽60415
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 524
pensions
-
-
-
7 650
income
-
-
-
3 929
total
-
-
-
18 103
Employee
84 541
77 870
77 870
-
pensions
10 684
10 684
14 017
-
income

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

12 746
12 746
12 746
-
health
10 547
10 166
11 952
-
total
33 977
33 596
38 715
-
Employer
84 541
77 870
77 870
-
health
5 875
5 413
5 413
-
unemployment
3 044
2 803
2 803
-
pensions
5 883
5 420
5 420
-
total
14 802
13 636
13 636
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
48 779
47 232
52 351
18 103
After tax
-6 279
-4 732
-9 851
24 397
Living cost
50 564
50 564
50 564
50 564
Free-cash
-56 843
-55 296
-60 415
-26 167

Estimated living cost  is ₽50564 per week

₽37300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4516
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8169
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1928
-₽1845
₽6716
-₽978
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 737
solidarity contribution
-
-
-
-
income
-
-
-
3 653
social contributions
-
-
-
12 410
total
-
-
-
21 800
Employee
33 155
-
31 716
-
income
3 979
-
3 806
-
social contributions
2 155
-
2 062
-
health
4 476
-
4 282
-
solidarity contribution
-
-
-
-
total
10 610
-
10 150
-
Employer
33 155
-
31 716
-
health
2 984
-
2 854
-
social contributions
8 289
-
7 929
-
total
11 273
-
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
21 883
13 239
20 933
21 800
After tax
20 617
29 261
21 567
20 700
Living cost
22 545
22 545
22 545
22 545
Free-cash
-1 928
6 716
-978
-1 845

Estimated living cost  is ₽22545 per week

₽15660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4838
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽38541
-₽15055
-₽15801
-₽17454
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
7 486
regional
-
-
-
408
social contributions
-
-
-
10 931
municipal
-
-
-
253
total
-
-
-
19 078
Employee
81 041
-
42 500
-
social contributions
27 327
-
14 331
-
national
14 043
-
6 567
-
regional
765
-
354
-
municipal
429
-
225
-
total
42 564
-
21 477
-
Employer
81 041
-
42 500
-
total
-
-
-
-
Corporate
-
42 500
-
-
nationa
-
10 199
-
-
municipal
-
1 658
-
-
total
-
11 857
-
-
Dividends
-
30 643
-
-
withholding
-
7 967
-
-
total
-
7 967
-
-
Income
42 500
42 500
42 500
42 500
Total tax
42 564
19 824
21 477
19 078
After tax
-64
22 676
21 023
23 422
Living cost
38 477
38 477
38 477
38 477
Free-cash
-38 541
-15 801
-17 454
-15 055

Estimated living cost  is ₽38477 per week

₽26822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8541
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3772
₽4277
₽6610
₽3233
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 018
surtax
-
-
-
220
unemployment
-
-
-
208
pensions
-
-
-
8 500
other
-
-
-
-
income
-
-
-
6 155
total
-
-
-
18 101
Employee
30 155
-
35 109
-
pensions
2 011
-
2 341
-
other
-
-
-
-
income
5 055
-
5 885
-
unemployment
2 099
-
2 443
-
health
770
-
895
-
surtax
99
-
190
-
total
10 034
-
11 754
-
Employer
30 155
-
35 109
-
health
1 372
-
1 597
-
other
-
-
-
-
unemployment
955
-
1 113
-
pensions
4 020
-
4 681
-
total
6 347
-
7 391
-
Corporate
5 998
42 500
-
-
income
1 559
11 051
-
-
total
1 559
11 051
-
-
Dividends
4 439
31 449
-
-
withholding
666
4 717
-
-
total
666
4 717
-
-
Income
42 500
42 500
42 500
42 500
Total tax
18 606
15 768
19 145
18 101
After tax
23 894
26 732
23 355
24 399
Living cost
20 122
20 122
20 122
20 122
Free-cash
3 772
6 610
3 233
4 277

Estimated living cost  is ₽20122 per week

₽12303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24652
-₽10726
-₽11078
-₽14650
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 257
income
-
-
-
8 048
total
-
-
-
10 305
Employee
59 571
-
38 265
-
pensions
5 056
-
2 501
-
income
10 729
-
7 067
-
health
865
-
426
-
total
16 650
-
9 994
-
Employer
59 571
-
38 265
-
health
1 132
-
726
-
pensions
6 449
-
3 509
-
total
7 581
-
4 235
-
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.

-
8 075
-
-
total
-
8 075
-
-
Dividends
-
34 425
-
-
withholding
-
2 582
-
-
total
-
2 582
-
-
Income
42 500
42 500
42 500
42 500
Total tax
24 231
10 657
14 229
10 305
After tax
18 269
31 843
28 271
32 195
Living cost
42 921
42 921
42 921
42 921
Free-cash
-24 652
-11 078
-14 650
-10 726

Estimated living cost  is ₽42921 per week

₽32156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽51044
-₽36737
-₽53547
-₽39384
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
238
national
-
-
-
79
regional
-
-
-
733
city
-
-
-
446
pensions
-
-
-
3 910
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.

-
-
-
849
total
-
-
-
6 255
Employee
85 408
-
37 775
-
pensions
7 175
-
3 470
-
city
917
-
403
-
unemployment
-
-
-
-
health
193
-
84
-
national
404
-
51
-
regional
2 797
-
585
-
total
11 486
-
4 593
-
Employer
85 408
-
37 775
-
health
193
-
84
-
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.

1 708
-
755
-
unemployment
-
-
-
-
pensions
7 175
-
3 470
-
total
9 076
-
4 309
-
Corporate
-
42 500
-
-
regional
-
8 988
-
-
national
-
3 612
-
-
total
-
12 600
-
-
Dividends
-
29 900
-
-
withholding
-
10 465
-
-
total
-
10 465
-
-
Income
42 500
42 500
42 500
42 500
Total tax
20 562
23 065
8 902
6 255
After tax
21 938
19 435
33 598
36 245
Living cost
72 982
72 982
72 982
72 982
Free-cash
-51 044
-53 547
-39 384
-36 737

Estimated living cost  is ₽72982 per week

₽47459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6549
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽896
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18077
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽12302
-₽8633
-₽20581
-₽8616
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 230
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.

-
-
-
163
trade
-
-
-
17
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.

-
-
-
2 950
total
-
-
-
9 360
Employee

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

54 802
-
42 500
-
income

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

6 444
-
2 950
-
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.

6 230
-
6 230
-
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.

355
-
163
-
total
13 029
-
9 343
-
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.

-
351
-
-
chamber of commerce
-
199
-
-
total
-
14 214
-
-
Dividends
-
28 286
-
-
withholding
-
6 724
-
-
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
-
7 094
-
-
Income
42 500
42 500
42 500
42 500
Total tax
13 029
21 308
9 343
9 360
After tax
29 471
21 192
33 157
33 140
Living cost
41 773
41 773
41 773
41 773
Free-cash
-12 302
-20 581
-8 616
-8 633

Estimated living cost  is ₽41773 per week

₽30509
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3341
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7380
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8714
-₽5506
-₽9776
-₽4898
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
369
surtax
-
-
-
-
pensions
-
-
-
12 501
other
-
-
-
1 317
income
-
-
-
1 410
social contributions
-
-
-
1 211
total
-
-
-
16 808
Employee
39 026
-
32 386
-
pensions
4 413
-
3 663
-
income
2 303
-
1 500
-
social contributions
1 113
-
922
-
surtax
-
-
-
-
total
7 829
-
6 085
-
Employer
39 026
-
32 386
-
health
2 732
-
2 267
-
social contributions
118
-
97
-
other
1 346
-
1 118
-
unemployment
1 580
-
1 312
-
pensions
6 411
-
5 321
-
total
12 187
-
10 115
-
Corporate
-
42 500
-
-
income
-
11 900
-
-
surtax
-
-
-
-
total
-
11 900
-
-
Dividends
-
30 600
-
-
social contributions
-
5 262
-
-
withholding
-
3 916
-
-
surtax
-
-
-
-
total
-
9 178
-
-
Income
42 500
42 500
42 500
42 500
Total tax
20 016
21 078
16 200
16 808
After tax
22 484
21 422
26 300
25 692
Living cost
31 198
31 198
31 198
31 198
Free-cash
-8 714
-9 776
-4 898
-5 506

Estimated living cost  is ₽31198 per week

₽19672
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2537
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.
₽8460
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3215
-₽2415
-₽6685
-₽1807
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
369
surtax
-
-
-
-
pensions
-
-
-
12 501
other
-
-
-
1 317
income
-
-
-
1 410
social contributions
-
-
-
1 211
total
-
-
-
16 808
Employee
34 837
-
32 386
-
pensions
3 940
-
3 663
-
income
1 796
-
1 500
-
social contributions
993
-
922
-
surtax
-
-
-
-
total
6 729
-
6 085
-
Employer
34 837
-
32 386
-
health
2 438
-
2 267
-
social contributions
104
-
97
-
other
1 203
-
1 118
-
unemployment
1 410
-
1 312
-
pensions
5 724
-
5 321
-
total
10 879
-
10 115
-
Corporate
-
42 500
-
-
income
-
11 900
-
-
surtax
-
-
-
-
total
-
11 900
-
-
Dividends
-
30 600
-
-
social contributions
-
5 262
-
-
withholding
-
3 916
-
-
surtax
-
-
-
-
total
-
9 178
-
-
Income
42 500
42 500
42 500
42 500
Total tax
17 608
21 078
16 200
16 808
After tax
24 892
21 422
26 300
25 692
Living cost
28 107
28 107
28 107
28 107
Free-cash
-3 215
-6 685
-1 807
-2 415

Estimated living cost  is ₽28107 per week

₽16301
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2855
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8419
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6956
₽7959
₽6591
₽6512
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 966
income
-
-
-
6 375
social contributions
-
-
-
5 864
total
-
-
-
15 205
Employee
30 918
-
42 500
-
income
5 157
-
7 822
-
social contributions
4 267
-
5 864
-
health
2 158
-
2 966
-
total
11 582
-
16 652
-
Employer
30 918
-
42 500
-
total
-
-
-
-
Corporate
11 582
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%.

580
2 125
-
-
total
580
2 125
-
-
Dividends
11 003
40 375
-
-
social contributions
1 590
5 572
-
-
withholding
1 651
6 057
-
-
health
805
2 819
-
-
total
4 046
14 448
-
-
Income
42 500
42 500
42 500
42 500
Total tax
16 208
16 573
16 652
15 205
After tax
26 292
25 927
25 848
27 295
Living cost
19 336
19 336
19 336
19 336
Free-cash
6 956
6 591
6 512
7 959

Estimated living cost  is ₽19336 per week

₽12940
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1192
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.
₽4757
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17230
-₽8377
-₽10393
-₽15534
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 251
surtax
-
-
-
180
chamber of commerce
-
-
-
170
unemployment
-
-
-
5 593
pensions
-
-
-
7 863
income
-
-
-
1 689
total
-
-
-
18 746
Employee
45 571
36 339
36 339
-
pensions
4 667
3 720
3 343
-
other
455
363
327
-
income
5 188
2 680
2 848
-
unemployment
1 367
1 090
979
-
health
1 763
1 407
1 263
-
total
13 440
9 260
8 760
-
Employer
45 571
36 339
36 339
-
health
1 722
1 374
1 234
-
chamber of commerce
182
145
145
-
accident
592
472
424
-
payroll
1 367
1 090
1 090
-
surtax
180
180
180
-
other
2 165
1 725
1 694
-
unemployment
1 367
1 090
979
-
pensions
5 719
4 561
4 098
-
total
13 294
10 637
9 844
-
Corporate
3 461
3 461
29 195
-
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.

865
865
7 299
-
total
865
865
7 299
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
27 599
20 762
25 903
18 746
After tax
14 901
21 738
16 597
23 754
Living cost
32 131
32 131
32 131
32 131
Free-cash
-17 230
-10 393
-15 534
-8 377

Estimated living cost  is ₽32131 per week

₽21430
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7432
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽41715
-₽9019
-₽9235
-₽14358
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
11 960
social contributions
-
-
-
4 001
communal

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

-
-
-
2 310
total
-
-
-
18 271
Employee

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

65 226
-
32 917
-
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.

4 892
-
2 469
-
communal

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

3 402
-
1 717
-
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.

568
-
286
-
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.

3 065
-
1 547
-
national
20 053
-
8 008
-
total
31 980
-
14 027
-
Employer

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

65 226
-
32 917
-
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.

4 011
-
2 025
-
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.

848
-
427
-
surtax
7 396
-
3 734
-
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.

952
-
481
-
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.

5 780
-
2 916
-
total
18 987
-
9 583
-
Corporate
-
42 500
-
-
income
-
8 500
-
-
surtax
-
170
-
-
total
-
8 670
-
-
Dividends
-
33 831
-
-
withholding

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

-
9 817
-
-
total
-
9 817
-
-
Income
42 500
42 500
42 500
42 500
Total tax
50 967
18 487
23 610
18 271
After tax
-8 467
24 013
18 890
24 229
Living cost
33 248
33 248
33 248
33 248
Free-cash
-41 715
-9 235
-14 358
-9 019

Estimated living cost  is ₽33248 per week

₽21416
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2907
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8405
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
-₽17359
-₽9245
-₽4185
-₽8918
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
382
unemployment
-
-
-
298
pensions
-
-
-
12 028
other
-
-
-
43
income
-
-
-
6 063
total
-
-
-
18 814
Employee
45 390
-
32 226
-
pensions
2 134
-
1 514
-
other
45
-
33
-
income
9 577
-
6 166
-
unemployment
704
-
500
-
total
12 460
-
8 213
-
Employer
45 390
-
32 226
-
accident
898
-
639
-
other
362
-
258
-
unemployment
2 497
-
1 772
-
pensions
10 711
-
7 605
-
total
14 468
-
10 274
-
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
-
7 379
-
-
total
-
7 379
-
-
Income
42 500
42 500
42 500
42 500
Total tax
26 928
13 754
18 487
18 814
After tax
15 572
28 746
24 013
23 686
Living cost
32 931
32 931
32 931
32 931
Free-cash
-17 359
-4 185
-8 918
-9 245

Estimated living cost  is ₽32931 per week

₽24250
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2336
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽34806
-₽21048
-₽22815
-₽21049
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 253
surtax
-
-
-
2 234
accident
-
-
-
391
pensions
-
-
-
6 943
income
-
-
-
1 172
communal
-
-
-
-
total
-
-
-
13 993
Employee
69 055
-
37 314
-
pensions
5 524
-
3 471
-
income
6 670
-
1 172
-
health
3 073
-
1 931
-
surtax
4 233
-
2 234
-
total
19 500
-
8 808
-
Employer
69 055
-
37 314
-
health
2 106
-
1 324
-
accident
621
-
391
-
pensions
5 524
-
3 471
-
total
8 251
-
5 186
-
Corporate
-
42 500
-
-
communal
-
2 869
-
-
income
-
6 375
-
-
surtax
-
446
-
-
total
-
9 690
-
-
Dividends
-
32 810
-
-
income
-
1 149
-
-
withholding
-
4 921
-
-
total
-
6 070
-
-
Income
42 500
42 500
42 500
42 500
Total tax
27 751
15 760
13 994
13 993
After tax
14 749
26 740
28 506
28 507
Living cost
49 555
49 555
49 555
49 555
Free-cash
-34 806
-22 815
-21 049
-21 048

Estimated living cost  is ₽49555 per week

₽37173
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3002
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.
₽8853
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3351
₽3917
₽6250
₽2873
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 018
surtax
-
-
-
220
unemployment
-
-
-
208
pensions
-
-
-
8 500
other
-
-
-
-
income
-
-
-
6 155
total
-
-
-
18 101
Employee
30 708
-
35 109
-
pensions
2 049
-
2 341
-
other
-
-
-
-
income
5 148
-
5 885
-
unemployment
2 137
-
2 443
-
health
784
-
895
-
surtax
109
-
190
-
total
10 227
-
11 754
-
Employer
30 708
-
35 109
-
health
1 396
-
1 597
-
other
-
-
-
-
unemployment
974
-
1 113
-
pensions
4 094
-
4 681
-
total
6 464
-
7 391
-
Corporate
5 327
42 500
-
-
income
1 384
11 051
-
-
total
1 384
11 051
-
-
Dividends
3 942
31 449
-
-
withholding
592
4 717
-
-
total
592
4 717
-
-
Income
42 500
42 500
42 500
42 500
Total tax
18 667
15 768
19 145
18 101
After tax
23 833
26 732
23 355
24 399
Living cost
20 482
20 482
20 482
20 482
Free-cash
3 351
6 250
2 873
3 917

Estimated living cost  is ₽20482 per week

₽12366
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1781
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5861
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8084
-₽1375
-₽2225
-₽3759
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
7 486
regional
-
-
-
641
social contributions
-
-
-
10 931
municipal
-
-
-
253
total
-
-
-
19 311
Employee
50 583
-
42 500
-
social contributions
17 057
-
14 331
-
national
8 014
-
6 567
-
regional
681
-
572
-
municipal
268
-
225
-
total
26 020
-
21 695
-
Employer
50 583
-
42 500
-
total
-
-
-
-
Corporate
-
42 500
-
-
nationa
-
10 199
-
-
municipal
-
2 113
-
-
total
-
12 312
-
-
Dividends
-
30 188
-
-
withholding
-
7 849
-
-
total
-
7 849
-
-
Income
42 500
42 500
42 500
42 500
Total tax
26 020
20 161
21 695
19 311
After tax
16 480
22 339
20 805
23 189
Living cost
24 564
24 564
24 564
24 564
Free-cash
-8 084
-2 225
-3 759
-1 375

Estimated living cost  is ₽24564 per week

₽15276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2488
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽420
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6378
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12246
-₽7081
₽1480
-₽6214
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 737
solidarity contribution
-
-
-
-
income
-
-
-
3 653
social contributions
-
-
-
12 410
total
-
-
-
21 800
Employee
40 855
-
31 716
-
income
4 903
-
3 806
-
social contributions
2 656
-
2 062
-
health
5 515
-
4 282
-
solidarity contribution
-
-
-
-
total
13 074
-
10 150
-
Employer
40 855
-
31 716
-
health
3 677
-
2 854
-
social contributions
10 214
-
7 929
-
total
13 891
-
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
26 965
13 239
20 933
21 800
After tax
15 535
29 261
21 567
20 700
Living cost
27 781
27 781
27 781
27 781
Free-cash
-12 246
1 480
-6 214
-7 081

Estimated living cost  is ₽27781 per week

₽20660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1539
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5102
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9697
-₽5158
-₽7174
-₽12411
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 251
surtax
-
-
-
-
chamber of commerce
-
-
-
170
unemployment
-
-
-
5 593
pensions
-
-
-
7 863
income
-
-
-
1 689
total
-
-
-
18 566
Employee
39 860
36 339
36 339
-
pensions
4 082
3 720
3 359
-
other
398
363
329
-
income
3 551
2 680
2 841
-
unemployment
1 196
1 090
985
-
health
1 542
1 407
1 270
-
total
10 769
9 260
8 784
-
Employer
39 860
36 339
36 339
-
health
1 507
1 374
1 241
-
chamber of commerce
159
145
145
-
accident
517
472
426
-
payroll
1 196
1 090
1 090
-
surtax
-
-
-
-
other
1 893
1 725
1 696
-
unemployment
1 196
1 090
985
-
pensions
5 003
4 561
4 117
-
total
11 471
10 457
9 700
-
Corporate
3 461
3 461
29 340
-
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.

865
865
7 335
-
total
865
865
7 335
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
23 105
20 582
25 819
18 566
After tax
19 395
21 918
16 681
23 934
Living cost
29 092
29 092
29 092
29 092
Free-cash
-9 697
-7 174
-12 411
-5 158

Estimated living cost  is ₽29092 per week

₽17451
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8150
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Graz model

Close
Tbilisi , Georgia
₽25443
₽29501
₽27801
₽21426
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 718
-
42 500
-
income
3 144
-
8 500
-
total
3 144
-
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%.

26 782
42 500
-
-
total
-
-
-
-
Dividends
26 782
42 500
-
-
withholding
1 339
2 125
-
-
total
1 339
2 125
-
-
Income
42 500
42 500
42 500
42 500
Total tax
4 483
2 125
8 500
425
After tax
38 017
40 375
34 000
42 075
Living cost
12 574
12 574
12 574
12 574
Free-cash
25 443
27 801
21 426
29 501

Estimated living cost  is ₽12574 per week

₽8509
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽528
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4101
-₽671
₽4804
-₽2020
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
4 182
unemployment
-
-
-
64
pensions
-
-
-
7 761
income
-
-
-
6 706
total
-
-
-
18 713
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.

40 323
-
36 774
-
pensions
6 250
-
5 700
-
income
6 954
-
6 208
-
unemployment
57
-
52
-
health
2 604
-
2 376
-
total
15 865
-
14 336
-
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.

40 323
-
36 774
-
health
2 686
-
2 449
-
unemployment
24
-
22
-
pensions
3 568
-
3 255
-
total
6 278
-
5 726
-
Corporate
-
42 500
-
-
income
-
8 074
-
-
total
-
8 074
-
-
Dividends
-
34 426
-
-
withholding
-
5 164
-
-
total
-
5 164
-
-
Income
42 500
42 500
42 500
42 500
Total tax
22 143
13 238
20 062
18 713
After tax
20 357
29 262
22 438
23 787
Living cost
24 458
24 458
24 458
24 458
Free-cash
-4 101
4 804
-2 020
-671

Estimated living cost  is ₽24458 per week

₽16785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1568
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5633
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽112477
-₽15477
-₽18991
-₽16031
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 284
social contributions
-
-
-
4 845
total
-
-
-
13 129
Employee
64 306
-
795
-
income
14 185
-
10
-
social contributions
5 273
-
751
-
total
19 458
-
761
-
Employer
64 306
-
795
-
social contributions
90 671
-
12 922
-
total
90 671
-
12 922
-
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
110 129
16 643
13 683
13 129
After tax
-67 629
25 857
28 817
29 371
Living cost
44 848
44 848
44 848
44 848
Free-cash
-112 477
-18 991
-16 031
-15 477

Estimated living cost  is ₽44848 per week

₽29099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4218
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9398
-₽3763
-₽4429
-₽4687
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
income
-
-
-
2 892
social contributions

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

-
-
-
14 769
total
-
-
-
17 661
Employee
41 939
-
34 343
-
income
8 723
-
6 651
-
social contributions
4 613
-
3 778
-
surtax
-
-
-
-
total
13 336
-
10 429
-
Employer
41 939
-
34 343
-
social contributions
9 960
-
8 156
-
total
9 960
-
8 156
-
Corporate
-
42 500
-
-
income
-
8 926
-
-
surtax
-
-
-
-
total
-
8 926
-
-
Dividends
-
33 574
-
-
withholding
-
9 401
-
-
total
-
9 401
-
-
Income
42 500
42 500
42 500
42 500
Total tax
23 296
18 327
18 585
17 661
After tax
19 204
24 173
23 915
24 839
Living cost
28 602
28 602
28 602
28 602
Free-cash
-9 398
-4 429
-4 687
-3 763

Estimated living cost  is ₽28602 per week

₽21400
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1687
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽32449
-₽18350
-₽22620
-₽17742
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
369
surtax
-
-
-
-
pensions
-
-
-
12 501
other
-
-
-
1 317
income
-
-
-
1 410
social contributions
-
-
-
1 211
total
-
-
-
16 808
Employee
57 112
-
32 386
-
pensions
6 460
-
3 663
-
income
4 983
-
1 500
-
social contributions
1 627
-
922
-
surtax
-
-
-
-
total
13 070
-
6 085
-
Employer
57 112
-
32 386
-
health
3 997
-
2 267
-
social contributions
171
-
97
-
other
1 971
-
1 118
-
unemployment
2 314
-
1 312
-
pensions
9 384
-
5 321
-
total
17 837
-
10 115
-
Corporate
-
42 500
-
-
income
-
11 900
-
-
surtax
-
-
-
-
total
-
11 900
-
-
Dividends
-
30 600
-
-
social contributions
-
5 262
-
-
withholding
-
3 916
-
-
surtax
-
-
-
-
total
-
9 178
-
-
Income
42 500
42 500
42 500
42 500
Total tax
30 907
21 078
16 200
16 808
After tax
11 593
21 422
26 300
25 692
Living cost
44 042
44 042
44 042
44 042
Free-cash
-32 449
-22 620
-17 742
-18 350

Estimated living cost  is ₽44042 per week

₽29807
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7778
₽5740
₽10840
₽6997
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 350
income
-
-
-
-
total
-
-
-
9 350
Employee
29 316
-
36 795
-
social contributions
1 905
-
2 391
-
income
-
-
-
-
total
1 905
-
2 391
-
Employer
29 316
-
36 795
-
social contributions
4 544
-
5 702
-
total
4 544
-
5 702
-
Corporate
8 640
42 500
-
-
income
863
4 250
-
-
total
863
4 250
-
-
Dividends
7 777
38 250
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
7 312
4 250
8 093
9 350
After tax
35 188
38 250
34 407
33 150
Living cost
27 410
27 410
27 410
27 410
Free-cash
7 778
10 840
6 997
5 740

Estimated living cost  is ₽27410 per week

₽17723
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2066
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽155016
-₽15456
-₽155016
-₽155016
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
3 773
pensions
-
-
-
786
labour market
-
-
-
3 337
municipal
-
-
-
6 401
total
-
-
-
14 297
Employee
184 275
184 275
184 275
-
pensions
262
262
262
-
labour market
14 721
14 721
14 721
-
national
22 513
22 513
22 513
-
municipal
39 240
39 240
39 240
-
total
76 736
76 736
76 736
-
Employer
184 275
184 275
184 275
-
national
22 552
22 552
22 552
-
municipal
39 303
39 303
39 303
-
labour market
14 742
14 742
14 742
-
pensions
524
524
524
-
total
77 121
77 121
77 121
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
153 857
153 857
153 857
14 297
After tax
-111 357
-111 357
-111 357
28 203
Living cost
43 659
43 659
43 659
43 659
Free-cash
-155 016
-155 016
-155 016
-15 456

Estimated living cost  is ₽43659 per week

₽29881
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3862
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽671
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9245
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽491
₽10221
-₽15800
₽3200
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
1 936
accident
-
-
-
224
pensions
-
-
-
3 694
other
-
-
-
329
income
-
-
-
6 853
total
-
-
-
13 036
Employee
30 271
-
35 305
-
pensions
3 409
-
3 976
-
income
4 153
-
4 843
-
health
3 466
-
4 042
-
total
11 028
-
12 861
-
Employer
30 271
-
35 305
-
accident
505
-
590
-
unemployment
742
-
865
-
pensions
4 922
-
5 741
-
total
6 169
-
7 196
-
Corporate
6 060
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.

5 454
38 250
-
-
total
5 454
38 250
-
-
Dividends
606
4 250
-
-
withholding
115
807
-
-
total
115
807
-
-
Income
42 500
42 500
42 500
42 500
Total tax
22 766
39 057
20 057
13 036
After tax
19 734
3 443
22 443
29 464
Living cost
19 243
19 243
19 243
19 243
Free-cash
491
-15 800
3 200
10 221

Estimated living cost  is ₽19243 per week

₽14007
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽361
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14527
-₽1088
-₽5600
-₽8379
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
273
national
-
-
-
706
municipal
-
-
-
7 600
total
-
-
-
8 579
Employee
47 975
-
35 753
-
pensions
3 238
-
2 414
-
unemployment
720
-
536
-
health
358
-
170
-
national
793
-
130
-
municipal
7 858
-
5 873
-
total
12 967
-
9 123
-
Employer
47 975
-
35 753
-
health
369
-
275
-
accident
48
-
36
-
unemployment
311
-
232
-
pensions
8 323
-
6 204
-
total
9 051
-
6 747
-
Corporate
-
42 500
-
-
income
-
8 500
-
-
total
-
8 500
-
-
Dividends

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

-
25 500
-
-
national
-
-
-
-
municipal
-
4 591
-
-
total
-
4 591
-
-
Income
42 500
42 500
42 500
42 500
Total tax
22 018
13 091
15 870
8 579
After tax
20 482
29 409
26 630
33 921
Living cost
35 009
35 009
35 009
35 009
Free-cash
-14 527
-5 600
-8 379
-1 088

Estimated living cost  is ₽35009 per week

₽22868
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3367
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8218
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5315
₽13467
₽769
₽6177
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
1 083
income
-
-
-
209
social contributions
-
-
-
6 629
total
-
-
-
7 921
Employee
70 118
70 118
70 118
-
income
7 635
6 491
7 436
-
social contributions
2 651
5 819
3 203
-
health
543
1 192
656
-
total
10 829
13 502
11 295
-
Employer
70 118
70 118
70 118
-
health
590
1 298
713
-
social contributions
2 651
5 819
3 203
-
total
3 241
7 117
3 916
-
Corporate
7 318
-
-
-
income
915
-
-
-
total
915
-
-
-
Dividends
6 402
-
-
-
withholding
1 088
-
-
-
total
1 088
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
16 073
20 619
15 211
7 921
After tax
26 427
21 881
27 289
34 579
Living cost
21 112
21 112
21 112
21 112
Free-cash
5 315
769
6 177
13 467

Estimated living cost  is ₽21112 per week

₽12653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2071
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5922
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16076
₽15547
₽20716
₽11907
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 300
unemployment
-
-
-
26
pensions
-
-
-
5 800
income
-
-
-
3 349
total
-
-
-
12 475
Employee

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

20 930
-
38 532
-
pensions
3 139
-
5 780
-
income
1 431
-
2 899
-
unemployment
104
-
192
-
health
1 779
-
3 276
-
total
6 453
-
12 147
-
Employer

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

20 930
-
38 532
-
health
900
-
1 656
-
unemployment
104
-
192
-
pensions
1 151
-
2 120
-
total
2 155
-
3 968
-
Corporate
19 415
42 500
-
-
income
1 748
3 824
-
-
total
1 748
3 824
-
-
Dividends
17 667
38 676
-
-
withholding
1 590
3 482
-
-
total
1 590
3 482
-
-
Income
42 500
42 500
42 500
42 500
Total tax
11 946
7 306
16 115
12 475
After tax
30 554
35 194
26 385
30 025
Living cost
14 478
14 478
14 478
14 478
Free-cash
16 076
20 716
11 907
15 547

Estimated living cost  is ₽14478 per week

₽9237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1043
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1966
-₽1389
₽3671
-₽1062
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
382
unemployment
-
-
-
298
pensions
-
-
-
12 028
other
-
-
-
43
income
-
-
-
6 063
total
-
-
-
18 814
Employee
33 717
-
32 226
-
pensions
1 585
-
1 514
-
other
33
-
33
-
income
6 500
-
6 166
-
unemployment
523
-
500
-
total
8 641
-
8 213
-
Employer
33 717
-
32 226
-
accident
668
-
639
-
other
270
-
258
-
unemployment
1 855
-
1 772
-
pensions
7 957
-
7 605
-
total
10 750
-
10 274
-
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
-
7 379
-
-
total
-
7 379
-
-
Income
42 500
42 500
42 500
42 500
Total tax
19 391
13 754
18 487
18 814
After tax
23 109
28 746
24 013
23 686
Living cost
25 075
25 075
25 075
25 075
Free-cash
-1 966
3 671
-1 062
-1 389

Estimated living cost  is ₽25075 per week

₽16925
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2411
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.
₽5300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24718
₽25166
₽24971
₽25057
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
819
pensions
-
-
-
1 130
income
-
-
-
13 836
total
-
-
-
15 785
Employee
2 359
-
41 229
-
pensions
212
-
508
-
income
456
-
13 776
-
unemployment
24
-
57
-
health
118
-
282
-
total
810
-
14 623
-
Employer
2 359
-
41 229
-
health
224
-
537
-
unemployment
47
-
113
-
pensions
259
-
621
-
total
530
-
1 271
-
Corporate
39 610
42 500
-
-
income
8 714
9 350
-
-
total
8 714
9 350
-
-
Dividends
30 896
33 150
-
-
withholding
6 179
6 630
-
-
total
6 179
6 630
-
-
Income
42 500
42 500
42 500
42 500
Total tax
16 233
15 980
15 894
15 785
After tax
26 267
26 520
26 606
26 715
Living cost
1 549
1 549
1 549
1 549
Free-cash
24 718
24 971
25 057
25 166

Estimated living cost  is ₽1549 per week

₽920
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽126
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽35
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽467
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10504
₽5577
₽14977
₽7408
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
4 378
unemployment
-
-
-
637
pensions
-
-
-
11 050
income
-
-
-
5 129
total
-
-
-
21 194
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.

23 719
-
36 047
-
pensions
3 321
-
5 047
-
income
3 269
-
5 738
-
unemployment
178
-
270
-
health
1 221
-
1 856
-
total
7 989
-
12 911
-
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.

23 719
-
36 047
-
health
1 221
-
1 856
-
unemployment
178
-
270
-
pensions
2 846
-
4 326
-
total
4 245
-
6 452
-
Corporate
14 536
42 500
-
-
income
2 180
6 375
-
-
total
2 180
6 375
-
-
Dividends
12 355
36 125
-
-
withholding
1 853
5 419
-
-
total
1 853
5 419
-
-
Income
42 500
42 500
42 500
42 500
Total tax
16 267
11 794
19 363
21 194
After tax
26 233
30 706
23 137
21 306
Living cost
15 729
15 729
15 729
15 729
Free-cash
10 504
14 977
7 408
5 577

Estimated living cost  is ₽15729 per week

₽10590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3467
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1296
₽256
-₽410
-₽668
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
income
-
-
-
2 892
social contributions

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

-
-
-
14 769
total
-
-
-
17 661
Employee
35 392
-
34 343
-
income
6 915
-
6 651
-
social contributions
3 893
-
3 778
-
surtax
-
-
-
-
total
10 808
-
10 429
-
Employer
35 392
-
34 343
-
social contributions
8 405
-
8 156
-
total
8 405
-
8 156
-
Corporate
-
42 500
-
-
income
-
8 926
-
-
surtax
-
-
-
-
total
-
8 926
-
-
Dividends
-
33 574
-
-
withholding
-
9 401
-
-
total
-
9 401
-
-
Income
42 500
42 500
42 500
42 500
Total tax
19 213
18 327
18 585
17 661
After tax
23 287
24 173
23 915
24 839
Living cost
24 583
24 583
24 583
24 583
Free-cash
-1 296
-410
-668
256

Estimated living cost  is ₽24583 per week

₽17412
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.
₽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.
₽5029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15581
-₽8361
-₽3301
-₽8034
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
382
unemployment
-
-
-
298
pensions
-
-
-
12 028
other
-
-
-
43
income
-
-
-
6 063
total
-
-
-
18 814
Employee
44 039
-
32 226
-
pensions
2 070
-
1 514
-
other
43
-
33
-
income
9 198
-
6 166
-
unemployment
682
-
500
-
total
11 993
-
8 213
-
Employer
44 039
-
32 226
-
accident
872
-
639
-
other
353
-
258
-
unemployment
2 423
-
1 772
-
pensions
10 393
-
7 605
-
total
14 041
-
10 274
-
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
-
7 379
-
-
total
-
7 379
-
-
Income
42 500
42 500
42 500
42 500
Total tax
26 034
13 754
18 487
18 814
After tax
16 466
28 746
24 013
23 686
Living cost
32 047
32 047
32 047
32 047
Free-cash
-15 581
-3 301
-8 034
-8 361

Estimated living cost  is ₽32047 per week

₽23015
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6089
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15123
₽11969
₽20673
₽12363
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 658
unemployment
-
-
-
127
pensions

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

-
-
-
4 707
income
-
-
-
6 375
total
-
-
-
14 867
Employee
20 742
-
36 260
-
pensions

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

1 821
-
2 793
-
accident

We are using the highest rate at 1.1%.

228
-
350
-
income
2 075
-
3 626
-
health
954
-
1 463
-
total
5 078
-
8 232
-
Employer
20 742
-
36 260
-
health
1 431
-
2 195
-
accident

We are using the highest rate at 1.1%.

228
-
350
-
unemployment
125
-
191
-
pensions

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

2 286
-
3 505
-
total
4 070
-
6 241
-
Corporate
17 689
42 500
-
-
income
1 769
4 250
-
-
total
1 769
4 250
-
-
Dividends
15 920
38 250
-
-
withholding
796
1 913
-
-
total
796
1 913
-
-
Income
42 500
42 500
42 500
42 500
Total tax
11 713
6 163
14 473
14 867
After tax
30 787
36 337
28 027
27 633
Living cost
15 664
15 664
15 664
15 664
Free-cash
15 123
20 673
12 363
11 969

Estimated living cost  is ₽15664 per week

₽10360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽897
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽374
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4034
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2872
-₽2064
-₽13138
-₽2048
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 230
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.

-
-
-
163
trade
-
-
-
16
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.

-
-
-
2 950
total
-
-
-
9 359
Employee

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

45 371
-
42 500
-
income

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

3 731
-
2 950
-
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.

6 230
-
6 230
-
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.

206
-
163
-
total
10 167
-
9 343
-
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.

-
351
-
-
chamber of commerce
-
201
-
-
total
-
13 025
-
-
Dividends
-
29 475
-
-
withholding
-
7 022
-
-
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.

-
386
-
-
total
-
7 408
-
-
Income
42 500
42 500
42 500
42 500
Total tax
10 167
20 433
9 343
9 359
After tax
32 333
22 067
33 157
33 141
Living cost
35 205
35 205
35 205
35 205
Free-cash
-2 872
-13 138
-2 048
-2 064

Estimated living cost  is ₽35205 per week

₽24285
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3788
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6621
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28829
-₽17842
-₽22193
-₽17842
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 753
income
-
-
-
5 645
total
-
-
-
8 398
Employee
71 328
-
42 500
-
social contributions
5 926
-
2 753
-
income
13 459
-
5 645
-
total
19 385
-
8 398
-
Employer
71 328
-
42 500
-
total
-
-
-
-
Corporate
-
42 500
-
-
income
-
5 312
-
-
total
-
5 312
-
-
Dividends
-
37 188
-
-
withholding
-
7 437
-
-
total
-
7 437
-
-
Income
42 500
42 500
42 500
42 500
Total tax
19 385
12 749
8 398
8 398
After tax
23 115
29 751
34 102
34 102
Living cost
51 944
51 944
51 944
51 944
Free-cash
-28 829
-22 193
-17 842
-17 842

Estimated living cost  is ₽51944 per week

₽39518
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4233
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7697
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6244
-₽22367
-₽9620
-₽2158
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
5 809
income
-
-
-
25 957
total
-
-
-
31 766
Employee
41 831
-
38 631
-
social contributions
4 191
-
3 869
-
income
4 539
-
3 819
-
total
8 730
-
7 688
-
Employer
41 831
-
38 631
-
social contributions
4 191
-
3 869
-
total
4 191
-
3 869
-
Corporate
-
42 500
-
-
income
-
14 875
-
-
total
-
14 875
-
-
Dividends
-
27 625
-
-
social contributions
2 722
4 144
-
-
total
2 722
4 144
-
-
Income
42 500
42 500
42 500
42 500
Total tax
15 643
19 019
11 557
31 766
After tax
26 857
23 481
30 943
10 734
Living cost
33 101
33 101
33 101
33 101
Free-cash
-6 244
-9 620
-2 158
-22 367

Estimated living cost  is ₽33101 per week

₽21804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2610
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽507
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11145
-₽2698
-₽3050
-₽6622
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 257
income
-
-
-
8 048
total
-
-
-
10 305
Employee
47 896
-
38 265
-
pensions
3 656
-
2 501
-
income
8 722
-
7 067
-
health
625
-
426
-
total
13 003
-
9 994
-
Employer
47 896
-
38 265
-
health
910
-
726
-
pensions
4 839
-
3 509
-
total
5 749
-
4 235
-
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.

-
8 075
-
-
total
-
8 075
-
-
Dividends
-
34 425
-
-
withholding
-
2 582
-
-
total
-
2 582
-
-
Income
42 500
42 500
42 500
42 500
Total tax
18 752
10 657
14 229
10 305
After tax
23 748
31 843
28 271
32 195
Living cost
34 893
34 893
34 893
34 893
Free-cash
-11 145
-3 050
-6 622
-2 698

Estimated living cost  is ₽34893 per week

₽23936
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3209
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7309
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽198
₽8316
-₽17705
₽1295
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
1 936
accident
-
-
-
224
pensions
-
-
-
3 694
other
-
-
-
329
income
-
-
-
6 853
total
-
-
-
13 036
Employee
33 267
-
35 305
-
pensions
3 746
-
3 976
-
income
4 564
-
4 843
-
health
3 809
-
4 042
-
total
12 119
-
12 861
-
Employer
33 267
-
35 305
-
accident
556
-
590
-
unemployment
815
-
865
-
pensions
5 409
-
5 741
-
total
6 780
-
7 196
-
Corporate
2 453
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.

2 208
38 250
-
-
total
2 208
38 250
-
-
Dividends
245
4 250
-
-
withholding
47
807
-
-
total
47
807
-
-
Income
42 500
42 500
42 500
42 500
Total tax
21 154
39 057
20 057
13 036
After tax
21 346
3 443
22 443
29 464
Living cost
21 148
21 148
21 148
21 148
Free-cash
198
-17 705
1 295
8 316

Estimated living cost  is ₽21148 per week

₽15521
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.
₽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.
₽3969
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19377
₽13276
₽23810
₽13276
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health insurance
-
-
-
3 145
unemployment
-
-
-
510
pensions
-
-
-
7 820
work injury
-
-
-
213
income
-
-
-
5 221
total
-
-
-
16 909
Employee

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

19 704
-
42 500
-
pensions
3 626
-
7 820
-
work injury
99
-
213
-
income
1 970
-
5 221
-
unemployment
236
-
510
-
health insurance
1 458
-
3 145
-
total
7 389
-
16 909
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
22 796
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
22 796
42 500
-
-
withholding
3 419
6 375
-
-
total
3 419
6 375
-
-
Income
42 500
42 500
42 500
42 500
Total tax
10 808
6 375
16 909
16 909
After tax
31 692
36 125
25 591
25 591
Living cost
12 315
12 315
12 315
12 315
Free-cash
19 377
23 810
13 276
13 276

Estimated living cost  is ₽12315 per week

₽7629
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.
₽384
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3407
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽34341
-₽13131
-₽13940
-₽15489
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
7 486
regional
-
-
-
603
social contributions
-
-
-
10 931
municipal
-
-
-
284
total
-
-
-
19 304
Employee
76 840
-
42 500
-
social contributions
25 910
-
14 331
-
national
12 985
-
6 567
-
regional
1 160
-
510
-
municipal
459
-
254
-
total
40 514
-
21 662
-
Employer
76 840
-
42 500
-
total
-
-
-
-
Corporate
-
42 500
-
-
nationa
-
10 199
-
-
municipal
-
2 049
-
-
total
-
12 248
-
-
Dividends
-
30 252
-
-
withholding
-
7 865
-
-
total
-
7 865
-
-
Income
42 500
42 500
42 500
42 500
Total tax
40 514
20 113
21 662
19 304
After tax
1 986
22 387
20 838
23 196
Living cost
36 327
36 327
36 327
36 327
Free-cash
-34 341
-13 940
-15 489
-13 131

Estimated living cost  is ₽36327 per week

₽25517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2499
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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