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
₽4199
-₽5826
₽5688
₽5631
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
42 500
trade
-
-
-
57
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.

-
-
-
3 001
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.

-
-
-
6 192
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.

-
-
-
165
total
-
-
-
9 415
Employee

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

34 668
-
42 500
-
surtax

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

53
-
165
-
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.

6 192
-
6 192
-
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.

968
-
3 001
-
total
7 213
-
9 358
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
7 832
42 500
-
-
trade
1 233
6 694
-
-
income
1 175
6 374
-
-
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.

65
351
-
-
chamber of commerce
150
200
-
-
total
2 623
13 619
-
-
Dividends
5 209
28 881
-
-
withholding
958
6 875
-
-
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.

53
378
-
-
total
1 011
7 253
-
-
Income
42 500
42 500
42 500
42 500
Total tax
10 847
20 872
9 358
9 415
After tax
31 653
21 628
33 142
33 085
Living cost
27 454
27 454
27 454
27 454
Free-cash
4 199
-5 826
5 688
5 631

Estimated living cost  is ₽27454 per week

₽17269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3201
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6471
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽35488
-₽19603
-₽18590
-₽18924
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
social contributions
-
-
-
457
pensions
-
-
-
5 100
municipal
-
-
-
3 822
national
-
-
-
5 922
total
-
-
-
15 301
Employee
71 498
-
36 741
-
national
13 685
-
6 177
-
municipal
8 831
-
3 986
-
pensions
2 860
-
1 470
-
total
25 376
-
11 633
-
Employer
71 498
-
36 741
-
pensions
5 720
-
2 939
-
social contributions
769
-
395
-
total
6 489
-
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
31 865
15 980
14 967
15 301
After tax
10 635
26 520
27 533
27 199
Living cost
46 123
46 123
46 123
46 123
Free-cash
-35 488
-19 603
-18 590
-18 924

Estimated living cost  is ₽46123 per week

₽31349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽690
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7708
₽15143
₽5529
₽14415
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
42 500
social contributions

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

-
-
-
2 854
income
-
-
-
-
microenterprise
-
-
-
6 374
surtax
-
-
-
-
total
-
-
-
9 228
Employee
26 485
-
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.

2 914
-
3 767
-
income
4 715
-
6 096
-
total
7 629
-
9 863
-
Employer
26 485
-
34 249
-
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.

6 380
-
8 251
-
surtax
-
-
-
-
total
6 380
-
8 251
-
Corporate
9 635
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%.

1 926
8 500
-
-
total
1 926
8 500
-
-
Dividends

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

7 709
34 000
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
15 935
8 500
18 114
9 228
After tax
26 565
34 000
24 386
33 272
Living cost
18 857
18 857
18 857
18 857
Free-cash
7 708
15 143
5 529
14 415

Estimated living cost  is ₽18857 per week

₽12030
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1796
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽47504
-₽42417
-₽47504
-₽13576
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
income
-
-
-
3 933
pensions
-
-
-
7 651
health
-
-
-
6 522
total
-
-
-
18 106
Employee
77 402
77 402
77 402
-
health
11 880
10 105
11 880
-
pensions
13 932
10 620
13 932
-
income

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

12 669
12 669
12 669
-
total
38 481
33 394
38 481
-
Employer
77 402
77 402
77 402
-
pensions
5 387
5 387
5 387
-
unemployment
2 786
2 786
2 786
-
health
5 380
5 380
5 380
-
total
13 553
13 553
13 553
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
52 034
46 947
52 034
18 106
After tax
-9 534
-4 447
-9 534
24 394
Living cost
37 970
37 970
37 970
37 970
Free-cash
-47 504
-42 417
-47 504
-13 576

Estimated living cost  is ₽37970 per week

₽26908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3423
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.
₽7035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27273
-₽14055
-₽14566
-₽16074
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
other
-
-
-
4 939
unemployment
-
-
-
42
pensions
-
-
-
4 594
municipal
-
-
-
9 002
accident
-
-
-
85
national
-
-
-
-
health
-
-
-
2 652
total
-
-
-
21 314
Employee
53 091
-
32 339
-
national
-
-
-
-
municipal
15 832
-
9 644
-
total
15 832
-
9 644
-
Employer
53 091
-
32 339
-
other
6 169
-
3 758
-
accident
106
-
65
-
pensions
5 739
-
3 496
-
unemployment
1 402
-
854
-
health
3 265
-
1 989
-
total
16 681
-
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
32 513
19 295
19 806
21 314
After tax
9 987
23 205
22 694
21 186
Living cost
37 260
37 260
37 260
37 260
Free-cash
-27 273
-14 055
-14 566
-16 074

Estimated living cost  is ₽37260 per week

₽24694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3656
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.
₽8343
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3465
-₽14196
-₽2465
-₽2523
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
42 500
trade
-
-
-
58
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.

-
-
-
3 001
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.

-
-
-
6 192
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.

-
-
-
165
total
-
-
-
9 416
Employee

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

45 965
-
42 500
-
surtax

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

217
-
165
-
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.

6 192
-
6 192
-
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.

3 949
-
3 001
-
total
10 358
-
9 358
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
42 500
-
-
trade
-
6 992
-
-
income
-
6 374
-
-
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
-
198
-
-
total
-
13 915
-
-
Dividends
-
28 585
-
-
withholding
-
6 801
-
-
surtax

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

-
373
-
-
total
-
7 174
-
-
Income
42 500
42 500
42 500
42 500
Total tax
10 358
21 089
9 358
9 416
After tax
32 142
21 411
33 142
33 084
Living cost
35 607
35 607
35 607
35 607
Free-cash
-3 465
-14 196
-2 465
-2 523

Estimated living cost  is ₽35607 per week

₽23814
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3755
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.
₽7506
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2440
-₽7394
-₽2058
₽5137
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
social contributions
-
-
-
6 631
income
-
-
-
249
health
-
-
-
1 084
total
-
-
-
7 964
Employee
69 697
69 697
69 697
-
health
693
1 185
655
-
social contributions
3 387
5 784
3 203
-
income
7 319
6 452
7 384
-
total
11 399
13 421
11 242
-
Employer
69 697
69 697
69 697
-
social contributions
3 387
5 784
3 203
-
health
755
1 290
714
-
total
4 142
7 074
3 917
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
15 541
20 495
15 159
7 964
After tax
26 959
22 005
27 341
34 536
Living cost
29 399
29 399
29 399
29 399
Free-cash
-2 440
-7 394
-2 058
5 137

Estimated living cost  is ₽29399 per week

₽20097
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2296
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6512
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7506
₽7154
₽7661
₽12465
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

24 506
9 753
35 565
-
unemployment
368
146
533
-
health
1 715
683
2 490
-
pensions
2 451
975
3 556
-
income
2 996
1 192
4 348
-
total
7 530
2 996
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.

24 506
9 753
35 565
-
pensions
4 779
1 902
6 935
-
total
4 779
1 902
6 935
-
Corporate
13 215
30 845
-
-
income
1 189
2 776
-
-
total
1 189
2 776
-
-
Dividends
12 026
28 069
-
-
withholding
2 285
5 333
-
-
social contributions
2 234
5 362
-
-
total
4 519
10 695
-
-
Income
42 500
42 500
42 500
42 500
Total tax
18 017
18 369
17 862
13 058
After tax
24 483
24 131
24 638
29 442
Living cost
16 977
16 977
16 977
16 977
Free-cash
7 506
7 154
7 661
12 465

Estimated living cost  is ₽16977 per week

₽11585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1389
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽339
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3663
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6477
₽12107
₽4017
₽2539
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 044
pensions
-
-
-
8 499
health
-
-
-
5 525
total
-
-
-
18 068
Employee
25 713
-
31 762
-
unemployment
411
-
507
-
pensions
514
-
635
-
income
2 895
-
4 709
-
total
3 820
-
5 851
-
Employer
25 713
-
31 762
-
pensions
5 143
-
6 354
-
unemployment
206
-
255
-
health
3 342
-
4 130
-
total
8 691
-
10 739
-
Corporate
8 096
42 500
-
-
income
1 619
8 500
-
-
total
1 619
8 500
-
-
Dividends
6 477
34 000
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
14 130
8 500
16 590
18 068
After tax
28 370
34 000
25 910
24 432
Living cost
21 893
21 893
21 893
21 893
Free-cash
6 477
12 107
4 017
2 539

Estimated living cost  is ₽21893 per week

₽15016
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1304
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.
₽5133
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽329
-₽16859
₽2142
₽9185
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
other
-
-
-
342
income
-
-
-
6 587
pensions
-
-
-
3 840
accident
-
-
-
233
health
-
-
-
2 012
total
-
-
-
13 014
Employee
31 935
-
35 305
-
health
3 657
-
4 042
-
pensions
3 596
-
3 975
-
income
4 381
-
4 844
-
total
11 634
-
12 861
-
Employer
31 935
-
35 305
-
accident
533
-
590
-
pensions
5 193
-
5 741
-
unemployment
782
-
865
-
total
6 508
-
7 196
-
Corporate
4 056
42 500
-
-
income

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

3 651
38 250
-
-
total
3 651
38 250
-
-
Dividends
406
4 250
-
-
withholding
77
808
-
-
total
77
808
-
-
Income
42 500
42 500
42 500
42 500
Total tax
21 870
39 058
20 057
13 014
After tax
20 630
3 442
22 443
29 486
Living cost
20 301
20 301
20 301
20 301
Free-cash
329
-16 859
2 142
9 185

Estimated living cost  is ₽20301 per week

₽14879
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1125
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3874
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31520
₽32918
₽26543
₽34618
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
42 500
microenterprise

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

-
-
-
425
total
-
-
-
425
Employee
9 321
-
42 500
-
income
1 864
-
8 500
-
total
1 864
-
8 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

33 179
42 500
-
-
total
-
-
-
-
Dividends
33 179
42 500
-
-
withholding
1 659
2 125
-
-
total
1 659
2 125
-
-
Income
42 500
42 500
42 500
42 500
Total tax
3 523
2 125
8 500
425
After tax
38 977
40 375
34 000
42 075
Living cost
7 457
7 457
7 457
7 457
Free-cash
31 520
32 918
26 543
34 618

Estimated living cost  is ₽7457 per week

₽4621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽205
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2011
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽951
₽7073
₽761
-₽1140
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
other
-
-
-
2 019
income
-
-
-
5 397
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.

-
-
-
10 202
health
-
-
-
1 870
total
-
-
-
19 488
Employee
32 910
-
33 948
-
unemployment
329
-
339
-
health
461
-
475
-
pensions

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

2 303
-
2 375
-
income
5 666
-
5 845
-
total
8 759
-
9 034
-
Employer
32 910
-
33 948
-
other
1 646
-
1 696
-
accident
263
-
272
-
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.

5 595
-
5 771
-
unemployment
329
-
339
-
health
461
-
475
-
total
8 294
-
8 553
-
Corporate
1 296
42 500
-
-
income
272
8 925
-
-
total
272
8 925
-
-
Dividends
1 024
33 575
-
-
withholding
72
2 350
-
-
total
72
2 350
-
-
Income
42 500
42 500
42 500
42 500
Total tax
17 397
11 275
17 587
19 488
After tax
25 103
31 225
24 913
23 012
Living cost
24 152
24 152
24 152
24 152
Free-cash
951
7 073
761
-1 140

Estimated living cost  is ₽24152 per week

₽17064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1631
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5067
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽53791
-₽28011
-₽31727
-₽27718
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 034
pensions
-
-
-
2 330
total
-
-
-
10 364
Employee
84 685
-
38 191
-
health
1 395
-
443
-
pensions
8 170
-
2 590
-
income
15 265
-
7 032
-
total
24 830
-
10 065
-
Employer
84 685
-
38 191
-
pensions
9 999
-
3 583
-
health
1 608
-
725
-
total
11 607
-
4 308
-
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
36 437
10 657
14 373
10 364
After tax
6 063
31 843
28 127
32 136
Living cost
59 854
59 854
59 854
59 854
Free-cash
-53 791
-28 011
-31 727
-27 718

Estimated living cost  is ₽59854 per week

₽44850
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7032
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽20248
₽24458
₽16198
₽15794
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

-
-
-
4 684
health
-
-
-
3 640
total
-
-
-
14 826
Employee
15 731
-
36 290
-
accident

We are using the highest rate at 1.1%.

173
-
348
-
health
724
-
1 456
-
pensions

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

1 381
-
2 779
-
income
1 573
-
3 629
-
total
3 851
-
8 212
-
Employer
15 731
-
36 290
-
accident

We are using the highest rate at 1.1%.

173
-
348
-
pensions

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

1 734
-
3 488
-
unemployment
94
-
190
-
health
1 086
-
2 184
-
total
3 087
-
6 210
-
Corporate
23 682
42 500
-
-
income
2 368
4 250
-
-
total
2 368
4 250
-
-
Dividends
21 314
38 250
-
-
withholding
1 066
1 912
-
-
total
1 066
1 912
-
-
Income
42 500
42 500
42 500
42 500
Total tax
10 372
6 162
14 422
14 826
After tax
32 128
36 338
28 078
27 674
Living cost
11 880
11 880
11 880
11 880
Free-cash
20 248
24 458
16 198
15 794

Estimated living cost  is ₽11880 per week

₽6936
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽848
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽315
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3781
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽56247
-₽54707
-₽59794
-₽25866
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
income
-
-
-
3 933
pensions
-
-
-
7 651
health
-
-
-
6 522
total
-
-
-
18 106
Employee
84 033
77 402
77 402
-
health
10 484
10 105
11 880
-
pensions
10 620
10 620
13 932
-
income

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

12 669
12 669
12 669
-
total
33 773
33 394
38 481
-
Employer
84 033
77 402
77 402
-
pensions
5 848
5 387
5 387
-
unemployment
3 026
2 786
2 786
-
health
5 840
5 380
5 380
-
total
14 714
13 553
13 553
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
48 487
46 947
52 034
18 106
After tax
-5 987
-4 447
-9 534
24 394
Living cost
50 260
50 260
50 260
50 260
Free-cash
-56 247
-54 707
-59 794
-25 866

Estimated living cost  is ₽50260 per week

₽37075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4489
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8120
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2105
₽6626
-₽1068
-₽1936
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
social contributions
-
-
-
12 410
income
-
-
-
3 653
health
-
-
-
5 738
solidarity contribution
-
-
-
-
total
-
-
-
21 801
Employee
33 286
-
31 716
-
solidarity contribution
-
-
-
-
health
4 494
-
4 282
-
social contributions
2 164
-
2 062
-
income
3 994
-
3 806
-
total
10 652
-
10 150
-
Employer
33 286
-
31 716
-
social contributions
8 322
-
7 929
-
health
2 996
-
2 854
-
total
11 318
-
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
21 970
13 239
20 933
21 801
After tax
20 530
29 261
21 567
20 699
Living cost
22 635
22 635
22 635
22 635
Free-cash
-2 105
6 626
-1 068
-1 936

Estimated living cost  is ₽22635 per week

₽15722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1610
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.
₽4857
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽38054
-₽15571
-₽17231
-₽14831
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
regional
-
-
-
409
social contributions
-
-
-
10 931
municipal
-
-
-
253
national
-
-
-
7 492
total
-
-
-
19 085
Employee
80 554
-
42 500
-
national
13 958
-
6 574
-
regional
760
-
355
-
municipal
427
-
225
-
social contributions
27 163
-
14 331
-
total
42 308
-
21 485
-
Employer
80 554
-
42 500
-
total
-
-
-
-
Corporate
-
42 500
-
-
nationa
-
10 200
-
-
municipal
-
1 658
-
-
total
-
11 858
-
-
Dividends
-
30 642
-
-
withholding
-
7 967
-
-
total
-
7 967
-
-
Income
42 500
42 500
42 500
42 500
Total tax
42 308
19 825
21 485
19 085
After tax
192
22 675
21 015
23 415
Living cost
38 246
38 246
38 246
38 246
Free-cash
-38 054
-15 571
-17 231
-14 831

Estimated living cost  is ₽38246 per week

₽26661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2508
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8490
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3911
₽6731
₽3348
₽4396
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
other
-
-
-
-
unemployment
-
-
-
206
income
-
-
-
6 154
pensions
-
-
-
8 500
health
-
-
-
3 019
surtax
-
-
-
224
total
-
-
-
18 103
Employee
29 974
-
35 109
-
surtax
98
-
193
-
unemployment
2 086
-
2 444
-
other
-
-
-
-
health
765
-
896
-
pensions
1 999
-
2 341
-
income
5 024
-
5 886
-
total
9 972
-
11 760
-
Employer
29 974
-
35 109
-
other
-
-
-
-
pensions
3 996
-
4 680
-
unemployment
949
-
1 113
-
health
1 364
-
1 598
-
total
6 309
-
7 391
-
Corporate
6 217
42 500
-
-
income
1 617
11 050
-
-
total
1 617
11 050
-
-
Dividends
4 600
31 450
-
-
withholding
690
4 718
-
-
total
690
4 718
-
-
Income
42 500
42 500
42 500
42 500
Total tax
18 588
15 768
19 151
18 103
After tax
23 912
26 732
23 349
24 397
Living cost
20 001
20 001
20 001
20 001
Free-cash
3 911
6 731
3 348
4 396

Estimated living cost  is ₽20001 per week

₽12229
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1846
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5465
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21476
-₽9048
-₽12764
-₽8755
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 034
pensions
-
-
-
2 330
total
-
-
-
10 364
Employee
56 753
-
38 191
-
health
824
-
443
-
pensions
4 817
-
2 590
-
income
10 222
-
7 032
-
total
15 863
-
10 065
-
Employer
56 753
-
38 191
-
pensions
6 144
-
3 583
-
health
1 078
-
725
-
total
7 222
-
4 308
-
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
23 085
10 657
14 373
10 364
After tax
19 415
31 843
28 127
32 136
Living cost
40 891
40 891
40 891
40 891
Free-cash
-21 476
-9 048
-12 764
-8 755

Estimated living cost  is ₽40891 per week

₽30635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3065
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6762
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽49186
-₽52100
-₽37898
-₽35308
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
other

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

-
-
-
851
city
-
-
-
446
regional
-
-
-
750
pensions
-
-
-
3 910
national
-
-
-
85
health
-
-
-
233
total
-
-
-
6 275
Employee
83 712
-
37 804
-
national
396
-
55
-
unemployment
-
-
-
-
city
898
-
402
-
regional
2 741
-
603
-
health
189
-
85
-
pensions
7 033
-
3 439
-
total
11 257
-
4 584
-
Employer
83 712
-
37 804
-
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.

1 674
-
757
-
pensions
7 033
-
3 439
-
unemployment
-
-
-
-
health
189
-
85
-
total
8 896
-
4 281
-
Corporate
-
42 500
-
-
regional
-
8 990
-
-
national
-
3 612
-
-
total
-
12 602
-
-
Dividends
-
29 898
-
-
withholding
-
10 465
-
-
total
-
10 465
-
-
Income
42 500
42 500
42 500
42 500
Total tax
20 153
23 067
8 865
6 275
After tax
22 347
19 433
33 635
36 225
Living cost
71 533
71 533
71 533
71 533
Free-cash
-49 186
-52 100
-37 898
-35 308

Estimated living cost  is ₽71533 per week

₽46517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6419
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽878
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽17718
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽11972
-₽20332
-₽8380
-₽8442
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
42 500
trade
-
-
-
62
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.

-
-
-
3 001
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.

-
-
-
6 192
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.

-
-
-
165
total
-
-
-
9 420
Employee

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

54 472
-
42 500
-
surtax

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

353
-
165
-
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.

6 192
-
6 192
-
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.

6 405
-
3 001
-
total
12 950
-
9 358
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
42 500
-
-
trade
-
7 290
-
-
income
-
6 374
-
-
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
-
198
-
-
total
-
14 213
-
-
Dividends
-
28 287
-
-
withholding
-
6 727
-
-
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
-
7 097
-
-
Income
42 500
42 500
42 500
42 500
Total tax
12 950
21 310
9 358
9 420
After tax
29 550
21 190
33 142
33 080
Living cost
41 522
41 522
41 522
41 522
Free-cash
-11 972
-20 332
-8 380
-8 442

Estimated living cost  is ₽41522 per week

₽30326
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3321
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7336
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8405
-₽9589
-₽4724
-₽5325
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
other
-
-
-
1 318
social contributions
-
-
-
1 211
income
-
-
-
1 424
pensions
-
-
-
12 494
health
-
-
-
368
surtax
-
-
-
-
total
-
-
-
16 815
Employee
38 792
-
32 384
-
surtax
-
-
-
-
pensions
4 386
-
3 662
-
social contributions
1 106
-
922
-
income
2 289
-
1 515
-
total
7 781
-
6 099
-
Employer
38 792
-
32 384
-
other
1 338
-
1 118
-
pensions
6 373
-
5 322
-
unemployment
1 570
-
1 312
-
social contributions
117
-
96
-
health
2 716
-
2 267
-
total
12 114
-
10 115
-
Corporate
-
42 500
-
-
income
-
11 899
-
-
surtax
-
-
-
-
total
-
11 899
-
-
Dividends
-
30 601
-
-
withholding
-
3 917
-
-
social contributions
-
5 263
-
-
surtax
-
-
-
-
total
-
9 180
-
-
Income
42 500
42 500
42 500
42 500
Total tax
19 895
21 079
16 214
16 815
After tax
22 605
21 421
26 286
25 685
Living cost
31 010
31 010
31 010
31 010
Free-cash
-8 405
-9 589
-4 724
-5 325

Estimated living cost  is ₽31010 per week

₽19553
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2522
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽8409
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2941
-₽6517
-₽1652
-₽2253
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
other
-
-
-
1 318
social contributions
-
-
-
1 211
income
-
-
-
1 424
pensions
-
-
-
12 494
health
-
-
-
368
surtax
-
-
-
-
total
-
-
-
16 815
Employee
34 627
-
32 384
-
surtax
-
-
-
-
pensions
3 917
-
3 662
-
social contributions
987
-
922
-
income
1 785
-
1 515
-
total
6 689
-
6 099
-
Employer
34 627
-
32 384
-
other
1 195
-
1 118
-
pensions
5 690
-
5 322
-
unemployment
1 402
-
1 312
-
social contributions
103
-
96
-
health
2 424
-
2 267
-
total
10 814
-
10 115
-
Corporate
-
42 500
-
-
income
-
11 899
-
-
surtax
-
-
-
-
total
-
11 899
-
-
Dividends
-
30 601
-
-
withholding
-
3 917
-
-
social contributions
-
5 263
-
-
surtax
-
-
-
-
total
-
9 180
-
-
Income
42 500
42 500
42 500
42 500
Total tax
17 503
21 079
16 214
16 815
After tax
24 997
21 421
26 286
25 685
Living cost
27 938
27 938
27 938
27 938
Free-cash
-2 941
-6 517
-1 652
-2 253

Estimated living cost  is ₽27938 per week

₽16203
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2838
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8368
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7121
₽6712
₽6615
₽8074
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
social contributions
-
-
-
5 865
income
-
-
-
6 374
health
-
-
-
2 967
total
-
-
-
15 206
Employee
30 732
-
42 500
-
health
2 145
-
2 967
-
social contributions
4 242
-
5 865
-
income
5 126
-
7 833
-
total
11 513
-
16 665
-
Employer
30 732
-
42 500
-
total
-
-
-
-
Corporate
11 768
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%.

588
2 124
-
-
total
588
2 124
-
-
Dividends
11 180
40 376
-
-
health
800
2 817
-
-
withholding
1 677
6 056
-
-
social contributions
1 581
5 571
-
-
total
4 058
14 444
-
-
Income
42 500
42 500
42 500
42 500
Total tax
16 159
16 568
16 665
15 206
After tax
26 341
25 932
25 835
27 294
Living cost
19 220
19 220
19 220
19 220
Free-cash
7 121
6 712
6 615
8 074

Estimated living cost  is ₽19220 per week

₽12862
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1185
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16872
-₽10079
-₽15314
-₽8186
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
chamber of commerce
-
-
-
170
unemployment
-
-
-
5 559
income
-
-
-
1 727
pensions
-
-
-
7 862
health
-
-
-
3 251
surtax
-
-
-
179
total
-
-
-
18 748
Employee
45 297
36 121
36 121
-
unemployment
1 359
1 084
980
-
other
452
361
327
-
health
1 753
1 398
1 264
-
pensions
4 639
3 698
3 345
-
income
5 157
2 664
2 821
-
total
13 360
9 205
8 737
-
Employer
45 297
36 121
36 121
-
payroll
1 359
1 084
1 084
-
other
2 152
1 715
1 686
-
accident
588
470
425
-
pensions
5 685
4 534
4 099
-
unemployment
1 359
1 084
980
-
chamber of commerce
181
144
144
-
surtax
179
179
179
-
health
1 711
1 366
1 235
-
total
13 214
10 576
9 832
-
Corporate
3 440
3 440
29 228
-
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.

860
860
7 307
-
total
860
860
7 307
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
27 434
20 641
25 876
18 748
After tax
15 066
21 859
16 624
23 752
Living cost
31 938
31 938
31 938
31 938
Free-cash
-16 872
-10 079
-15 314
-8 186

Estimated living cost  is ₽31938 per week

₽21301
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2725
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7388
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽41208
-₽9036
-₽14174
-₽8855
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
social contributions
-
-
-
4 030
national
-
-
-
11 969
communal

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

-
-
-
2 308
total
-
-
-
18 307
Employee

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

64 834
-
32 919
-
national
19 933
-
8 028
-
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.

564
-
287
-
health

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

3 046
-
1 546
-
pensions

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

4 863
-
2 468
-
communal

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

3 382
-
1 717
-
total
31 788
-
14 046
-
Employer

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

64 834
-
32 919
-
accident

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

843
-
427
-
pensions

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

5 745
-
2 917
-
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.

946
-
480
-
surtax
7 351
-
3 732
-
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.

3 987
-
2 024
-
total
18 872
-
9 580
-
Corporate
-
42 500
-
-
income
-
8 500
-
-
surtax
-
170
-
-
total
-
8 670
-
-
Dividends
-
33 829
-
-
withholding

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

-
9 818
-
-
total
-
9 818
-
-
Income
42 500
42 500
42 500
42 500
Total tax
50 660
18 488
23 626
18 307
After tax
-8 160
24 012
18 874
24 193
Living cost
33 048
33 048
33 048
33 048
Free-cash
-41 208
-9 036
-14 174
-8 855

Estimated living cost  is ₽33048 per week

₽21287
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8354
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17000
-₽3988
-₽8724
-₽9053
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
other
-
-
-
43
unemployment
-
-
-
298
income
-
-
-
6 069
pensions
-
-
-
12 028
accident
-
-
-
382
total
-
-
-
18 820
Employee
45 118
-
32 226
-
unemployment
700
-
499
-
other
45
-
33
-
pensions
2 121
-
1 515
-
income
9 520
-
6 172
-
total
12 386
-
8 219
-
Employer
45 118
-
32 226
-
other
359
-
256
-
accident
893
-
638
-
pensions
10 647
-
7 606
-
unemployment
2 482
-
1 772
-
total
14 381
-
10 272
-
Corporate
-
42 500
-
-
income

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

-
6 374
-
-
total
-
6 374
-
-
Dividends
-
36 126
-
-
withholding
-
7 381
-
-
total
-
7 381
-
-
Income
42 500
42 500
42 500
42 500
Total tax
26 767
13 755
18 491
18 820
After tax
15 733
28 745
24 009
23 680
Living cost
32 733
32 733
32 733
32 733
Free-cash
-17 000
-3 988
-8 724
-9 053

Estimated living cost  is ₽32733 per week

₽24105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2322
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽34339
-₽22515
-₽20713
-₽20712
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
income
-
-
-
1 193
pensions
-
-
-
6 901
accident
-
-
-
389
communal
-
-
-
-
health
-
-
-
3 234
surtax
-
-
-
2 238
total
-
-
-
13 955
Employee
68 640
-
37 345
-
surtax
4 207
-
2 238
-
health
3 055
-
1 920
-
pensions
5 490
-
3 450
-
income
6 630
-
1 193
-
total
19 382
-
8 801
-
Employer
68 640
-
37 345
-
accident
617
-
389
-
pensions
5 490
-
3 450
-
health
2 093
-
1 316
-
total
8 200
-
5 155
-
Corporate
-
42 500
-
-
income
-
6 374
-
-
communal
-
2 869
-
-
surtax
-
445
-
-
total
-
9 688
-
-
Dividends
-
32 811
-
-
withholding
-
4 921
-
-
income
-
1 149
-
-
total
-
6 070
-
-
Income
42 500
42 500
42 500
42 500
Total tax
27 582
15 758
13 956
13 955
After tax
14 918
26 742
28 544
28 545
Living cost
49 257
49 257
49 257
49 257
Free-cash
-34 339
-22 515
-20 713
-20 712

Estimated living cost  is ₽49257 per week

₽36950
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2984
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.
₽8800
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3492
₽6374
₽2991
₽4039
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
other
-
-
-
-
unemployment
-
-
-
206
income
-
-
-
6 154
pensions
-
-
-
8 500
health
-
-
-
3 019
surtax
-
-
-
224
total
-
-
-
18 103
Employee
30 524
-
35 109
-
surtax
108
-
193
-
unemployment
2 124
-
2 444
-
other
-
-
-
-
health
779
-
896
-
pensions
2 037
-
2 341
-
income
5 117
-
5 886
-
total
10 165
-
11 760
-
Employer
30 524
-
35 109
-
other
-
-
-
-
pensions
4 070
-
4 680
-
unemployment
968
-
1 113
-
health
1 388
-
1 598
-
total
6 426
-
7 391
-
Corporate
5 550
42 500
-
-
income
1 443
11 050
-
-
total
1 443
11 050
-
-
Dividends
4 107
31 450
-
-
withholding
616
4 718
-
-
total
616
4 718
-
-
Income
42 500
42 500
42 500
42 500
Total tax
18 650
15 768
19 151
18 103
After tax
23 850
26 732
23 349
24 397
Living cost
20 358
20 358
20 358
20 358
Free-cash
3 492
6 374
2 991
4 039

Estimated living cost  is ₽20358 per week

₽12291
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7779
-₽2077
-₽3618
-₽1233
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
regional
-
-
-
641
social contributions
-
-
-
10 931
municipal
-
-
-
253
national
-
-
-
7 492
total
-
-
-
19 317
Employee
50 279
-
42 500
-
national
7 965
-
6 574
-
regional
677
-
572
-
municipal
267
-
225
-
social contributions
16 954
-
14 331
-
total
25 863
-
21 702
-
Employer
50 279
-
42 500
-
total
-
-
-
-
Corporate
-
42 500
-
-
nationa
-
10 200
-
-
municipal
-
2 112
-
-
total
-
12 312
-
-
Dividends
-
30 188
-
-
withholding
-
7 849
-
-
total
-
7 849
-
-
Income
42 500
42 500
42 500
42 500
Total tax
25 863
20 161
21 702
19 317
After tax
16 637
22 339
20 798
23 183
Living cost
24 416
24 416
24 416
24 416
Free-cash
-7 779
-2 077
-3 618
-1 233

Estimated living cost  is ₽24416 per week

₽15184
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2473
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽418
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6340
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12463
₽1369
-₽6325
-₽7193
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
social contributions
-
-
-
12 410
income
-
-
-
3 653
health
-
-
-
5 738
solidarity contribution
-
-
-
-
total
-
-
-
21 801
Employee
41 017
-
31 716
-
solidarity contribution
-
-
-
-
health
5 537
-
4 282
-
social contributions
2 666
-
2 062
-
income
4 922
-
3 806
-
total
13 125
-
10 150
-
Employer
41 017
-
31 716
-
social contributions
10 254
-
7 929
-
health
3 692
-
2 854
-
total
13 946
-
10 783
-
Corporate
-
42 500
-
-
income
-
8 075
-
-
total
-
8 075
-
-
Dividends
-
34 425
-
-
withholding
-
5 164
-
-
total
-
5 164
-
-
Income
42 500
42 500
42 500
42 500
Total tax
27 071
13 239
20 933
21 801
After tax
15 429
29 261
21 567
20 699
Living cost
27 892
27 892
27 892
27 892
Free-cash
-12 463
1 369
-6 325
-7 193

Estimated living cost  is ₽27892 per week

₽20742
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5122
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9386
-₽6879
-₽12203
-₽4986
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
chamber of commerce
-
-
-
170
unemployment
-
-
-
5 559
income
-
-
-
1 727
pensions
-
-
-
7 862
health
-
-
-
3 251
surtax
-
-
-
-
total
-
-
-
18 569
Employee
39 621
36 121
36 121
-
unemployment
1 189
1 084
984
-
other
396
361
329
-
health
1 533
1 398
1 269
-
pensions
4 058
3 698
3 361
-
income
3 530
2 664
2 814
-
total
10 706
9 205
8 757
-
Employer
39 621
36 121
36 121
-
payroll
1 189
1 084
1 084
-
other
1 882
1 715
1 687
-
accident
514
470
427
-
pensions
4 973
4 534
4 118
-
unemployment
1 189
1 084
984
-
chamber of commerce
158
144
144
-
surtax
-
-
-
-
health
1 498
1 366
1 240
-
total
11 403
10 397
9 684
-
Corporate
3 440
3 440
29 376
-
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.

860
860
7 345
-
total
860
860
7 345
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
22 969
20 462
25 786
18 569
After tax
19 531
22 038
16 714
23 931
Living cost
28 917
28 917
28 917
28 917
Free-cash
-9 386
-6 879
-12 203
-4 986

Estimated living cost  is ₽28917 per week

₽17347
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2953
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.
₽8101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26576
₽28755
₽22380
₽30455
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
42 500
microenterprise

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

-
-
-
425
total
-
-
-
425
Employee
14 525
-
42 500
-
income
2 905
-
8 500
-
total
2 905
-
8 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

27 975
42 500
-
-
total
-
-
-
-
Dividends
27 975
42 500
-
-
withholding
1 399
2 125
-
-
total
1 399
2 125
-
-
Income
42 500
42 500
42 500
42 500
Total tax
4 304
2 125
8 500
425
After tax
38 196
40 375
34 000
42 075
Living cost
11 620
11 620
11 620
11 620
Free-cash
26 576
28 755
22 380
30 455

Estimated living cost  is ₽11620 per week

₽7863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽488
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽390
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3822
₽4949
-₽1880
-₽533
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
42 500
unemployment
-
-
-
64
income
-
-
-
6 716
pensions
-
-
-
7 761
health
-
-
-
4 181
total
-
-
-
18 722
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.

40 081
-
36 774
-
unemployment
57
-
52
-
health
2 589
-
2 375
-
pensions
6 213
-
5 700
-
income
6 912
-
6 217
-
total
15 771
-
14 344
-
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.

40 081
-
36 774
-
pensions
3 547
-
3 254
-
unemployment
24
-
22
-
health
2 669
-
2 449
-
total
6 240
-
5 725
-
Corporate
-
42 500
-
-
income
-
8 076
-
-
total
-
8 076
-
-
Dividends
-
34 424
-
-
withholding
-
5 164
-
-
total
-
5 164
-
-
Income
42 500
42 500
42 500
42 500
Total tax
22 011
13 240
20 069
18 722
After tax
20 489
29 260
22 431
23 778
Living cost
24 311
24 311
24 311
24 311
Free-cash
-3 822
4 949
-1 880
-533

Estimated living cost  is ₽24311 per week

₽16684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1558
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5599
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽92576
-₽13232
-₽8507
-₽9718
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
social contributions
-
-
-
4 845
income
-
-
-
8 284
total
-
-
-
13 129
Employee
56 048
-
-
-
social contributions
4 596
-
655
-
income
12 363
-
-
-
total
16 959
-
655
-
Employer
56 048
-
-
-
social contributions
79 028
-
11 263
-
total
79 028
-
11 263
-
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
95 987
16 643
11 918
13 129
After tax
-53 487
25 857
30 582
29 371
Living cost
39 089
39 089
39 089
39 089
Free-cash
-92 576
-13 232
-8 507
-9 718

Estimated living cost  is ₽39089 per week

₽25363
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3676
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9088
-₽4257
-₽4525
-₽3597
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
42 500
social contributions

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

-
-
-
14 768
income
-
-
-
2 899
surtax
-
-
-
-
total
-
-
-
17 667
Employee
41 687
-
34 344
-
surtax
-
-
-
-
social contributions
4 586
-
3 777
-
income
8 671
-
6 662
-
total
13 257
-
10 439
-
Employer
41 687
-
34 344
-
social contributions
9 901
-
8 156
-
total
9 901
-
8 156
-
Corporate
-
42 500
-
-
income
-
8 925
-
-
surtax
-
-
-
-
total
-
8 925
-
-
Dividends
-
33 575
-
-
withholding
-
9 402
-
-
total
-
9 402
-
-
Income
42 500
42 500
42 500
42 500
Total tax
23 158
18 327
18 595
17 667
After tax
19 342
24 173
23 905
24 833
Living cost
28 430
28 430
28 430
28 430
Free-cash
-9 088
-4 257
-4 525
-3 597

Estimated living cost  is ₽28430 per week

₽21272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5007
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31998
-₽22356
-₽17491
-₽18092
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
other
-
-
-
1 318
social contributions
-
-
-
1 211
income
-
-
-
1 424
pensions
-
-
-
12 494
health
-
-
-
368
surtax
-
-
-
-
total
-
-
-
16 815
Employee
56 769
-
32 384
-
surtax
-
-
-
-
pensions
6 421
-
3 662
-
social contributions
1 617
-
922
-
income
4 953
-
1 515
-
total
12 991
-
6 099
-
Employer
56 769
-
32 384
-
other
1 959
-
1 118
-
pensions
9 328
-
5 322
-
unemployment
2 300
-
1 312
-
social contributions
170
-
96
-
health
3 973
-
2 267
-
total
17 730
-
10 115
-
Corporate
-
42 500
-
-
income
-
11 899
-
-
surtax
-
-
-
-
total
-
11 899
-
-
Dividends
-
30 601
-
-
withholding
-
3 917
-
-
social contributions
-
5 263
-
-
surtax
-
-
-
-
total
-
9 180
-
-
Income
42 500
42 500
42 500
42 500
Total tax
30 721
21 079
16 214
16 815
After tax
11 779
21 421
26 286
25 685
Living cost
43 777
43 777
43 777
43 777
Free-cash
-31 998
-22 356
-17 491
-18 092

Estimated living cost  is ₽43777 per week

₽29628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3581
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽600
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9968
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7959
₽11004
₽7159
₽5904
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
income
-
-
-
-
social contributions
-
-
-
9 350
total
-
-
-
9 350
Employee
29 139
-
36 796
-
social contributions
1 894
-
2 393
-
income
-
-
-
-
total
1 894
-
2 393
-
Employer
29 139
-
36 796
-
social contributions
4 517
-
5 702
-
total
4 517
-
5 702
-
Corporate
8 844
42 500
-
-
income
884
4 250
-
-
total
884
4 250
-
-
Dividends
7 960
38 250
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
7 295
4 250
8 095
9 350
After tax
35 205
38 250
34 405
33 150
Living cost
27 246
27 246
27 246
27 246
Free-cash
7 959
11 004
7 159
5 904

Estimated living cost  is ₽27246 per week

₽17617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2054
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7062
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽154734
-₽154734
-₽154734
-₽15399
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
785
municipal
-
-
-
6 405
labour market
-
-
-
3 337
national
-
-
-
3 775
total
-
-
-
14 302
Employee
184 012
184 012
184 012
-
national
22 480
22 480
22 480
-
municipal
39 184
39 184
39 184
-
labour market
14 700
14 700
14 700
-
pensions
262
262
262
-
total
76 626
76 626
76 626
-
Employer
184 012
184 012
184 012
-
municipal
39 247
39 247
39 247
-
pensions
523
523
523
-
national
22 520
22 520
22 520
-
labour market
14 721
14 721
14 721
-
total
77 011
77 011
77 011
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
153 637
153 637
153 637
14 302
After tax
-111 137
-111 137
-111 137
28 198
Living cost
43 597
43 597
43 597
43 597
Free-cash
-154 734
-154 734
-154 734
-15 399

Estimated living cost  is ₽43597 per week

₽29838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽670
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
₽374
-₽16560
₽2441
₽9484
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
other
-
-
-
342
income
-
-
-
6 587
pensions
-
-
-
3 840
accident
-
-
-
233
health
-
-
-
2 012
total
-
-
-
13 014
Employee
31 464
-
35 305
-
health
3 603
-
4 042
-
pensions
3 543
-
3 975
-
income
4 317
-
4 844
-
total
11 463
-
12 861
-
Employer
31 464
-
35 305
-
accident
525
-
590
-
pensions
5 116
-
5 741
-
unemployment
771
-
865
-
total
6 412
-
7 196
-
Corporate
4 623
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.

4 161
38 250
-
-
total
4 161
38 250
-
-
Dividends
462
4 250
-
-
withholding
88
808
-
-
total
88
808
-
-
Income
42 500
42 500
42 500
42 500
Total tax
22 124
39 058
20 057
13 014
After tax
20 376
3 442
22 443
29 486
Living cost
20 002
20 002
20 002
20 002
Free-cash
374
-16 560
2 441
9 484

Estimated living cost  is ₽20002 per week

₽14559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1140
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽375
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3927
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14185
-₽5390
-₽8181
-₽894
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
42 500
municipal
-
-
-
7 601
national
-
-
-
717
health
-
-
-
277
total
-
-
-
8 595
Employee
47 687
-
35 752
-
national
788
-
141
-
unemployment
716
-
537
-
health
356
-
172
-
municipal
7 811
-
5 874
-
pensions
3 218
-
2 413
-
total
12 889
-
9 137
-
Employer
47 687
-
35 752
-
accident
48
-
36
-
pensions
8 273
-
6 202
-
unemployment
310
-
232
-
health
366
-
275
-
total
8 997
-
6 745
-
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
-
-
municipal
-
4 591
-
-
national
-
-
-
-
total
-
4 591
-
-
Income
42 500
42 500
42 500
42 500
Total tax
21 886
13 091
15 882
8 595
After tax
20 614
29 409
26 618
33 905
Living cost
34 799
34 799
34 799
34 799
Free-cash
-14 185
-5 390
-8 181
-894

Estimated living cost  is ₽34799 per week

₽22730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3347
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5468
₽1020
₽6356
₽13551
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
social contributions
-
-
-
6 631
income
-
-
-
249
health
-
-
-
1 084
total
-
-
-
7 964
Employee
69 697
69 697
69 697
-
health
540
1 185
655
-
social contributions
2 635
5 784
3 203
-
income
7 589
6 452
7 384
-
total
10 764
13 421
11 242
-
Employer
69 697
69 697
69 697
-
social contributions
2 635
5 784
3 203
-
health
587
1 290
714
-
total
3 222
7 074
3 917
-
Corporate
7 529
-
-
-
income
941
-
-
-
total
941
-
-
-
Dividends
6 588
-
-
-
withholding
1 120
-
-
-
total
1 120
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
16 047
20 495
15 159
7 964
After tax
26 453
22 005
27 341
34 536
Living cost
20 985
20 985
20 985
20 985
Free-cash
5 468
1 020
6 356
13 551

Estimated living cost  is ₽20985 per week

₽12577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2059
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.
₽5886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16194
₽20803
₽11992
₽15679
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
42 500
unemployment
-
-
-
26
income
-
-
-
3 358
pensions
-
-
-
5 766
health
-
-
-
3 280
total
-
-
-
12 430
Employee

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

20 805
-
38 532
-
unemployment
103
-
193
-
health
1 768
-
3 275
-
pensions
3 120
-
5 779
-
income
1 422
-
2 902
-
total
6 413
-
12 149
-
Employer

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

20 805
-
38 532
-
pensions
1 144
-
2 119
-
unemployment
103
-
193
-
health
894
-
1 656
-
total
2 141
-
3 968
-
Corporate
19 554
42 500
-
-
income
1 760
3 825
-
-
total
1 760
3 825
-
-
Dividends
17 794
38 675
-
-
withholding
1 601
3 481
-
-
total
1 601
3 481
-
-
Income
42 500
42 500
42 500
42 500
Total tax
11 915
7 306
16 117
12 430
After tax
30 585
35 194
26 383
30 070
Living cost
14 391
14 391
14 391
14 391
Free-cash
16 194
20 803
11 992
15 679

Estimated living cost  is ₽14391 per week

₽9182
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1037
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3743
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1699
₽3820
-₽916
-₽1245
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
other
-
-
-
43
unemployment
-
-
-
298
income
-
-
-
6 069
pensions
-
-
-
12 028
accident
-
-
-
382
total
-
-
-
18 820
Employee
33 514
-
32 226
-
unemployment
519
-
499
-
other
33
-
33
-
pensions
1 576
-
1 515
-
income
6 461
-
6 172
-
total
8 589
-
8 219
-
Employer
33 514
-
32 226
-
other
268
-
256
-
accident
664
-
638
-
pensions
7 909
-
7 606
-
unemployment
1 844
-
1 772
-
total
10 685
-
10 272
-
Corporate
-
42 500
-
-
income

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

-
6 374
-
-
total
-
6 374
-
-
Dividends
-
36 126
-
-
withholding
-
7 381
-
-
total
-
7 381
-
-
Income
42 500
42 500
42 500
42 500
Total tax
19 274
13 755
18 491
18 820
After tax
23 226
28 745
24 009
23 680
Living cost
24 925
24 925
24 925
24 925
Free-cash
-1 699
3 820
-916
-1 245

Estimated living cost  is ₽24925 per week

₽16824
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2396
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.
₽5268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24495
₽24781
₽24741
₽24864
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
income
-
-
-
13 708
pensions
-
-
-
1 269
health
-
-
-
920
total
-
-
-
15 897
Employee
2 649
-
41 073
-
unemployment
27
-
63
-
health
132
-
317
-
pensions
238
-
571
-
income
513
-
13 641
-
total
910
-
14 592
-
Employer
2 649
-
41 073
-
pensions
291
-
698
-
unemployment
53
-
127
-
health
252
-
603
-
total
596
-
1 428
-
Corporate
39 255
42 500
-
-
income
8 636
9 350
-
-
total
8 636
9 350
-
-
Dividends
30 619
33 150
-
-
withholding
6 124
6 630
-
-
total
6 124
6 630
-
-
Income
42 500
42 500
42 500
42 500
Total tax
16 266
15 980
16 020
15 897
After tax
26 234
26 520
26 480
26 603
Living cost
1 739
1 739
1 739
1 739
Free-cash
24 495
24 781
24 741
24 864

Estimated living cost  is ₽1739 per week

₽1034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽141
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽40
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽525
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10609
₽15059
₽7482
₽5653
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
42 500
unemployment
-
-
-
637
income
-
-
-
5 136
pensions
-
-
-
11 050
health
-
-
-
4 377
total
-
-
-
21 200
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.

23 594
-
36 048
-
unemployment
177
-
270
-
health
1 215
-
1 856
-
pensions
3 303
-
5 047
-
income
3 252
-
5 746
-
total
7 947
-
12 919
-
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.

23 594
-
36 048
-
pensions
2 831
-
4 326
-
unemployment
177
-
270
-
health
1 215
-
1 856
-
total
4 223
-
6 452
-
Corporate
14 682
42 500
-
-
income
2 202
6 375
-
-
total
2 202
6 375
-
-
Dividends
12 480
36 125
-
-
withholding
1 872
5 419
-
-
total
1 872
5 419
-
-
Income
42 500
42 500
42 500
42 500
Total tax
16 244
11 794
19 371
21 200
After tax
26 256
30 706
23 129
21 300
Living cost
15 647
15 647
15 647
15 647
Free-cash
10 609
15 059
7 482
5 653

Estimated living cost  is ₽15647 per week

₽10535
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1034
-₽263
-₽531
₽397
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
42 500
social contributions

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

-
-
-
14 768
income
-
-
-
2 899
surtax
-
-
-
-
total
-
-
-
17 667
Employee
35 179
-
34 344
-
surtax
-
-
-
-
social contributions
3 870
-
3 777
-
income
6 874
-
6 662
-
total
10 744
-
10 439
-
Employer
35 179
-
34 344
-
social contributions
8 354
-
8 156
-
total
8 354
-
8 156
-
Corporate
-
42 500
-
-
income
-
8 925
-
-
surtax
-
-
-
-
total
-
8 925
-
-
Dividends
-
33 575
-
-
withholding
-
9 402
-
-
total
-
9 402
-
-
Income
42 500
42 500
42 500
42 500
Total tax
19 098
18 327
18 595
17 667
After tax
23 402
24 173
23 905
24 833
Living cost
24 436
24 436
24 436
24 436
Free-cash
-1 034
-263
-531
397

Estimated living cost  is ₽24436 per week

₽17307
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4998
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15232
-₽3109
-₽7845
-₽8174
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
other
-
-
-
43
unemployment
-
-
-
298
income
-
-
-
6 069
pensions
-
-
-
12 028
accident
-
-
-
382
total
-
-
-
18 820
Employee
43 774
-
32 226
-
unemployment
678
-
499
-
other
43
-
33
-
pensions
2 057
-
1 515
-
income
9 143
-
6 172
-
total
11 921
-
8 219
-
Employer
43 774
-
32 226
-
other
351
-
256
-
accident
867
-
638
-
pensions
10 331
-
7 606
-
unemployment
2 408
-
1 772
-
total
13 957
-
10 272
-
Corporate
-
42 500
-
-
income

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

-
6 374
-
-
total
-
6 374
-
-
Dividends
-
36 126
-
-
withholding
-
7 381
-
-
total
-
7 381
-
-
Income
42 500
42 500
42 500
42 500
Total tax
25 878
13 755
18 491
18 820
After tax
16 622
28 745
24 009
23 680
Living cost
31 854
31 854
31 854
31 854
Free-cash
-15 232
-3 109
-7 845
-8 174

Estimated living cost  is ₽31854 per week

₽22877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2477
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.
₽6053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15228
₽20751
₽12491
₽12087
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

-
-
-
4 684
health
-
-
-
3 640
total
-
-
-
14 826
Employee
20 640
-
36 290
-
accident

We are using the highest rate at 1.1%.

227
-
348
-
health
950
-
1 456
-
pensions

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

1 812
-
2 779
-
income
2 064
-
3 629
-
total
5 053
-
8 212
-
Employer
20 640
-
36 290
-
accident

We are using the highest rate at 1.1%.

227
-
348
-
pensions

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

2 274
-
3 488
-
unemployment
124
-
190
-
health
1 424
-
2 184
-
total
4 049
-
6 210
-
Corporate
17 811
42 500
-
-
income
1 781
4 250
-
-
total
1 781
4 250
-
-
Dividends
16 030
38 250
-
-
withholding
802
1 912
-
-
total
802
1 912
-
-
Income
42 500
42 500
42 500
42 500
Total tax
11 685
6 162
14 422
14 826
After tax
30 815
36 338
28 078
27 674
Living cost
15 587
15 587
15 587
15 587
Free-cash
15 228
20 751
12 491
12 087

Estimated living cost  is ₽15587 per week

₽10309
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽892
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽372
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4014
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2598
-₽12929
-₽1851
-₽1903
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
42 500
trade
-
-
-
52
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.

-
-
-
3 001
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.

-
-
-
6 192
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.

-
-
-
165
total
-
-
-
9 410
Employee

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

45 098
-
42 500
-
surtax

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

205
-
165
-
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.

6 192
-
6 192
-
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.

3 708
-
3 001
-
total
10 105
-
9 358
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
42 500
-
-
trade
-
6 099
-
-
income
-
6 374
-
-
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
-
200
-
-
total
-
13 024
-
-
Dividends
-
29 476
-
-
withholding
-
7 025
-
-
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.

-
387
-
-
total
-
7 412
-
-
Income
42 500
42 500
42 500
42 500
Total tax
10 105
20 436
9 358
9 410
After tax
32 395
22 064
33 142
33 090
Living cost
34 993
34 993
34 993
34 993
Free-cash
-2 598
-12 929
-1 851
-1 903

Estimated living cost  is ₽34993 per week

₽24139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3765
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.
₽6581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28400
-₽21882
-₽17559
-₽17559
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 765
income
-
-
-
5 662
total
-
-
-
8 427
Employee
70 900
-
42 500
-
social contributions
5 890
-
2 765
-
income
13 378
-
5 662
-
total
19 268
-
8 427
-
Employer
70 900
-
42 500
-
total
-
-
-
-
Corporate
-
42 500
-
-
income
-
5 313
-
-
total
-
5 313
-
-
Dividends
-
37 187
-
-
withholding
-
7 437
-
-
total
-
7 437
-
-
Income
42 500
42 500
42 500
42 500
Total tax
19 268
12 750
8 427
8 427
After tax
23 232
29 750
34 073
34 073
Living cost
51 632
51 632
51 632
51 632
Free-cash
-28 400
-21 882
-17 559
-17 559

Estimated living cost  is ₽51632 per week

₽39281
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4207
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5952
-₽9421
-₽1990
-₽21759
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
5 556
income
-
-
-
25 801
total
-
-
-
31 357
Employee
41 580
-
38 630
-
social contributions
4 166
-
3 870
-
income
4 512
-
3 848
-
total
8 678
-
7 718
-
Employer
41 580
-
38 630
-
social contributions
4 166
-
3 870
-
total
4 166
-
3 870
-
Corporate
-
42 500
-
-
income
-
14 875
-
-
total
-
14 875
-
-
Dividends
-
27 625
-
-
social contributions
2 706
4 144
-
-
total
2 706
4 144
-
-
Income
42 500
42 500
42 500
42 500
Total tax
15 550
19 019
11 588
31 357
After tax
26 950
23 481
30 912
11 143
Living cost
32 902
32 902
32 902
32 902
Free-cash
-5 952
-9 421
-1 990
-21 759

Estimated living cost  is ₽32902 per week

₽21672
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8131
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8608
-₽1400
-₽5116
-₽1107
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 034
pensions
-
-
-
2 330
total
-
-
-
10 364
Employee
45 630
-
38 191
-
health
595
-
443
-
pensions
3 483
-
2 590
-
income
8 310
-
7 032
-
total
12 388
-
10 065
-
Employer
45 630
-
38 191
-
pensions
4 610
-
3 583
-
health
867
-
725
-
total
5 477
-
4 308
-
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
17 865
10 657
14 373
10 364
After tax
24 635
31 843
28 127
32 136
Living cost
33 243
33 243
33 243
33 243
Free-cash
-8 608
-1 400
-5 116
-1 107

Estimated living cost  is ₽33243 per week

₽22804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽416
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽71
-₽18540
₽461
₽7504
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
other
-
-
-
342
income
-
-
-
6 587
pensions
-
-
-
3 840
accident
-
-
-
233
health
-
-
-
2 012
total
-
-
-
13 014
Employee
34 579
-
35 305
-
health
3 959
-
4 042
-
pensions
3 894
-
3 975
-
income
4 744
-
4 844
-
total
12 597
-
12 861
-
Employer
34 579
-
35 305
-
accident
577
-
590
-
pensions
5 622
-
5 741
-
unemployment
847
-
865
-
total
7 046
-
7 196
-
Corporate
874
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.

787
38 250
-
-
total
787
38 250
-
-
Dividends
87
4 250
-
-
withholding
17
808
-
-
total
17
808
-
-
Income
42 500
42 500
42 500
42 500
Total tax
20 447
39 058
20 057
13 014
After tax
22 053
3 442
22 443
29 486
Living cost
21 982
21 982
21 982
21 982
Free-cash
71
-18 540
461
7 504

Estimated living cost  is ₽21982 per week

₽16133
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1281
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.
₽4126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19499
₽23900
₽13348
₽13348
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
42 500
unemployment
-
-
-
510
income
-
-
-
5 239
pensions
-
-
-
7 820
health insurance
-
-
-
3 145
work injury
-
-
-
213
total
-
-
-
16 927
Employee

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

19 560
-
42 500
-
health insurance
1 447
-
3 145
-
unemployment
235
-
510
-
work injury
98
-
213
-
pensions
3 599
-
7 820
-
income
1 956
-
5 239
-
total
7 335
-
16 927
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
22 940
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
22 940
42 500
-
-
withholding
3 441
6 375
-
-
total
3 441
6 375
-
-
Income
42 500
42 500
42 500
42 500
Total tax
10 776
6 375
16 927
16 927
After tax
31 724
36 125
25 573
25 573
Living cost
12 225
12 225
12 225
12 225
Free-cash
19 499
23 900
13 348
13 348

Estimated living cost  is ₽12225 per week

₽7574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽381
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3382
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
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Source of data for Skopje model

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Rome , Italy
-₽33878
-₽13723
-₽15278
-₽12920
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
regional
-
-
-
605
social contributions
-
-
-
10 931
municipal
-
-
-
284
national
-
-
-
7 492
total
-
-
-
19 312
Employee
76 378
-
42 500
-
national
12 907
-
6 574
-
regional
1 153
-
512
-
municipal
456
-
253
-
social contributions
25 754
-
14 331
-
total
40 270
-
21 670
-
Employer
76 378
-
42 500
-
total
-
-
-
-
Corporate
-
42 500
-
-
nationa
-
10 200
-
-
municipal
-
2 049
-
-
total
-
12 249
-
-
Dividends
-
30 252
-
-
withholding
-
7 866
-
-
total
-
7 866
-
-
Income
42 500
42 500
42 500
42 500
Total tax
40 270
20 115
21 670
19 312
After tax
2 230
22 385
20 830
23 188
Living cost
36 108
36 108
36 108
36 108
Free-cash
-33 878
-13 723
-15 278
-12 920

Estimated living cost  is ₽36108 per week

₽25364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2484
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
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Source of data for Rome model

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