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
-₽5210
₽6247
₽4588
₽6040
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
207
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.

-
-
-
175
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.

-
-
-
3 193
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.

-
-
-
6 052
total
-
-
-
9 627
Employee

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

33 884
-
42 500
-
income

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

946
-
3 193
-
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.

52
-
175
-
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.

6 052
-
6 052
-
total
7 050
-
9 420
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
8 616
42 500
-
-
income
1 293
6 375
-
-
surtax

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

71
351
-
-
trade
1 357
6 694
-
-
chamber of commerce
146
195
-
-
total
2 867
13 615
-
-
Dividends
5 750
28 884
-
-
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.

61
378
-
-
withholding
1 101
6 884
-
-
total
1 162
7 262
-
-
Income
42 500
42 500
42 500
42 500
Total tax
11 079
20 877
9 420
9 627
After tax
31 421
21 623
33 080
32 873
Living cost
26 833
26 833
26 833
26 833
Free-cash
4 588
-5 210
6 247
6 040

Estimated living cost  is ₽26833 per week

₽16879
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3129
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6325
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20203
-₽19153
-₽36502
-₽19486
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 807
national
-
-
-
5 899
total
-
-
-
15 263
Employee
72 430
-
36 741
-
pensions
2 897
-
1 470
-
national
13 863
-
6 154
-
municipal
8 946
-
3 972
-
total
25 706
-
11 596
-
Employer
72 430
-
36 741
-
social contributions
779
-
395
-
pensions
5 794
-
2 939
-
total
6 573
-
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
32 279
15 980
14 930
15 263
After tax
10 221
26 520
27 570
27 237
Living cost
46 723
46 723
46 723
46 723
Free-cash
-36 502
-20 203
-19 153
-19 486

Estimated living cost  is ₽46723 per week

₽31757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4343
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽699
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9923
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15570
₽5956
₽8303
₽14906
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
42 500
surtax
-
-
-
-
microenterprise
-
-
-
6 375
social contributions

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

-
-
-
2 789
income
-
-
-
-
total
-
-
-
9 164
Employee
25 886
-
34 249
-
income
4 608
-
6 096
-
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.

2 848
-
3 767
-
total
7 456
-
9 863
-
Employer
25 886
-
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.

6 235
-
8 251
-
surtax
-
-
-
-
total
6 235
-
8 251
-
Corporate
10 378
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%.

2 076
8 500
-
-
total
2 076
8 500
-
-
Dividends

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

8 302
34 000
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
15 767
8 500
18 114
9 164
After tax
26 733
34 000
24 386
33 336
Living cost
18 430
18 430
18 430
18 430
Free-cash
8 303
15 570
5 956
14 906

Estimated living cost  is ₽18430 per week

₽11758
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽419
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4499
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽40498
-₽45471
-₽45471
-₽12731
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
health
-
-
-
6 525
pensions
-
-
-
7 649
income
-
-
-
3 945
total
-
-
-
18 119
Employee
75 652
75 652
75 652
-
pensions
13 617
10 379
13 617
-
income

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

12 383
12 383
12 383
-
health
11 612
9 877
11 612
-
total
37 612
32 639
37 612
-
Employer
75 652
75 652
75 652
-
unemployment
2 723
2 723
2 723
-
health
5 259
5 259
5 259
-
pensions
5 265
5 265
5 265
-
total
13 247
13 247
13 247
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
50 859
45 886
50 859
18 119
After tax
-8 359
-3 386
-8 359
24 381
Living cost
37 112
37 112
37 112
37 112
Free-cash
-45 471
-40 498
-45 471
-12 731

Estimated living cost  is ₽37112 per week

₽26300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3346
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13468
-₽13979
-₽26176
-₽15487
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
health
-
-
-
2 652
accident
-
-
-
85
unemployment
-
-
-
43
pensions
-
-
-
4 594
municipal
-
-
-
9 002
other
-
-
-
4 938
national
-
-
-
-
total
-
-
-
21 314
Employee
52 256
-
32 339
-
national
-
-
-
-
municipal
15 583
-
9 644
-
total
15 583
-
9 644
-
Employer
52 256
-
32 339
-
other
6 072
-
3 758
-
unemployment
1 380
-
854
-
health
3 214
-
1 989
-
accident
105
-
65
-
pensions
5 649
-
3 496
-
total
16 420
-
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
32 003
19 295
19 806
21 314
After tax
10 497
23 205
22 694
21 186
Living cost
36 673
36 673
36 673
36 673
Free-cash
-26 176
-13 468
-13 979
-15 487

Estimated living cost  is ₽36673 per week

₽24306
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3599
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13400
-₽1722
-₽2426
-₽1937
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
215
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.

-
-
-
175
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.

-
-
-
3 193
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.

-
-
-
6 052
total
-
-
-
9 635
Employee

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

44 926
-
42 500
-
income

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

3 860
-
3 193
-
surtax

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

212
-
175
-
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.

6 052
-
6 052
-
total
10 124
-
9 420
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
42 500
-
-
income
-
6 375
-
-
surtax

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

-
351
-
-
trade
-
6 992
-
-
chamber of commerce
-
195
-
-
total
-
13 913
-
-
Dividends
-
28 587
-
-
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.

-
375
-
-
withholding
-
6 810
-
-
total
-
7 185
-
-
Income
42 500
42 500
42 500
42 500
Total tax
10 124
21 098
9 420
9 635
After tax
32 376
21 402
33 080
32 865
Living cost
34 802
34 802
34 802
34 802
Free-cash
-2 426
-13 400
-1 722
-1 937

Estimated living cost  is ₽34802 per week

₽23276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3670
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7337
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6267
-₽1202
-₽1423
₽5652
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
social contributions
-
-
-
6 630
income
-
-
-
400
health
-
-
-
1 084
total
-
-
-
8 114
Employee
68 121
68 121
68 121
-
income
7 153
6 306
7 192
-
social contributions
3 310
5 654
3 203
-
health
678
1 158
656
-
total
11 141
13 118
11 051
-
Employer
68 121
68 121
68 121
-
social contributions
3 310
5 654
3 203
-
health
738
1 261
714
-
total
4 048
6 915
3 917
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
15 189
20 033
14 968
8 114
After tax
27 311
22 467
27 532
34 386
Living cost
28 734
28 734
28 734
28 734
Free-cash
-1 423
-6 267
-1 202
5 652

Estimated living cost  is ₽28734 per week

₽19643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2244
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6257
₽6745
₽6628
₽11549
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

25 828
10 279
35 565
-
pensions
2 583
1 028
3 556
-
income
3 158
1 257
4 348
-
unemployment
387
154
533
-
health
1 808
720
2 490
-
total
7 936
3 159
10 927
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 828
10 279
35 565
-
pensions
5 037
2 004
6 935
-
total
5 037
2 004
6 935
-
Corporate
11 635
30 216
-
-
income
1 047
2 719
-
-
total
1 047
2 719
-
-
Dividends
10 588
27 497
-
-
social contributions
1 947
5 244
-
-
withholding
2 012
5 224
-
-
total
3 959
10 468
-
-
Income
42 500
42 500
42 500
42 500
Total tax
17 979
18 350
17 862
13 058
After tax
24 521
24 150
24 638
29 442
Living cost
17 893
17 893
17 893
17 893
Free-cash
6 628
6 257
6 745
11 549

Estimated living cost  is ₽17893 per week

₽12210
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1464
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽358
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3861
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12602
₽4403
₽7098
₽2926
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 500
income
-
-
-
4 152
health
-
-
-
5 524
total
-
-
-
18 176
Employee
25 132
-
31 764
-
pensions
503
-
635
-
income
2 829
-
4 820
-
unemployment
402
-
508
-
total
3 734
-
5 963
-
Employer
25 132
-
31 764
-
unemployment
202
-
254
-
health
3 266
-
4 129
-
pensions
5 027
-
6 353
-
total
8 495
-
10 736
-
Corporate
8 874
42 500
-
-
income
1 775
8 500
-
-
total
1 775
8 500
-
-
Dividends
7 098
34 000
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
14 004
8 500
16 699
18 176
After tax
28 496
34 000
25 801
24 324
Living cost
21 398
21 398
21 398
21 398
Free-cash
7 098
12 602
4 403
2 926

Estimated living cost  is ₽21398 per week

₽14677
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1274
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5017
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16375
₽2627
₽403
₽9654
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
health
-
-
-
1 965
accident
-
-
-
227
pensions
-
-
-
3 748
other
-
-
-
334
income
-
-
-
6 754
total
-
-
-
13 028
Employee
31 175
-
35 305
-
pensions
3 510
-
3 975
-
income
4 277
-
4 843
-
health
3 570
-
4 042
-
total
11 357
-
12 860
-
Employer
31 175
-
35 305
-
unemployment
764
-
865
-
accident
520
-
589
-
pensions
5 069
-
5 741
-
total
6 353
-
7 195
-
Corporate
4 972
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.

4 475
38 250
-
-
total
4 475
38 250
-
-
Dividends
497
4 250
-
-
withholding
94
807
-
-
total
94
807
-
-
Income
42 500
42 500
42 500
42 500
Total tax
22 279
39 057
20 055
13 028
After tax
20 221
3 443
22 445
29 472
Living cost
19 818
19 818
19 818
19 818
Free-cash
403
-16 375
2 627
9 654

Estimated living cost  is ₽19818 per week

₽14525
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1098
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3782
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33132
₽26757
₽31774
₽34832
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 054
-
42 500
-
income
1 811
-
8 500
-
total
1 811
-
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%.

33 446
42 500
-
-
total
-
-
-
-
Dividends
33 446
42 500
-
-
withholding
1 672
2 125
-
-
total
1 672
2 125
-
-
Income
42 500
42 500
42 500
42 500
Total tax
3 483
2 125
8 500
425
After tax
39 017
40 375
34 000
42 075
Living cost
7 243
7 243
7 243
7 243
Free-cash
31 774
33 132
26 757
34 832

Estimated living cost  is ₽7243 per week

₽4489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽602
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽199
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽1953
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7619
₽1302
₽1636
-₽592
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
health
-
-
-
1 869
pensions

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

-
-
-
10 200
other
-
-
-
2 019
income
-
-
-
5 398
total
-
-
-
19 486
Employee
32 166
-
33 945
-
pensions

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

2 251
-
2 377
-
income
5 538
-
5 844
-
unemployment
321
-
340
-
health
451
-
476
-
total
8 561
-
9 037
-
Employer
32 166
-
33 945
-
other
1 609
-
1 696
-
unemployment
321
-
340
-
health
451
-
476
-
accident
257
-
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.

5 469
-
5 771
-
total
8 107
-
8 555
-
Corporate
2 227
42 500
-
-
income
467
8 925
-
-
total
467
8 925
-
-
Dividends
1 760
33 575
-
-
withholding
123
2 350
-
-
total
123
2 350
-
-
Income
42 500
42 500
42 500
42 500
Total tax
17 258
11 275
17 592
19 486
After tax
25 242
31 225
24 908
23 014
Living cost
23 606
23 606
23 606
23 606
Free-cash
1 636
7 619
1 302
-592

Estimated living cost  is ₽23606 per week

₽16679
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽380
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4953
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27201
-₽30957
-₽52490
-₽26925
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
pensions
-
-
-
2 351
income
-
-
-
8 030
total
-
-
-
10 381
Employee
83 539
-
38 172
-
pensions
8 059
-
2 615
-
income
15 059
-
7 023
-
health
1 377
-
447
-
total
24 495
-
10 085
-
Employer
83 539
-
38 172
-
health
1 587
-
725
-
pensions
9 864
-
3 603
-
total
11 451
-
4 328
-
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
35 946
10 657
14 413
10 381
After tax
6 554
31 843
28 087
32 119
Living cost
59 044
59 044
59 044
59 044
Free-cash
-52 490
-27 201
-30 957
-26 925

Estimated living cost  is ₽59044 per week

₽44243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6937
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7385
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽24778
₽16793
₽20682
₽16344
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
health
-
-
-
3 541
unemployment
-
-
-
123
pensions

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

-
-
-
4 558
income
-
-
-
6 375
total
-
-
-
14 597
Employee
15 306
-
36 458
-
pensions

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

1 344
-
2 704
-
income
1 530
-
3 646
-
accident

We are using the highest rate at 1.1%.

169
-
339
-
health
704
-
1 417
-
total
3 747
-
8 106
-
Employer
15 306
-
36 458
-
unemployment
92
-
185
-
health
1 056
-
2 125
-
accident

We are using the highest rate at 1.1%.

169
-
339
-
pensions

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

1 687
-
3 393
-
total
3 004
-
6 042
-
Corporate
24 191
42 500
-
-
income
2 419
4 250
-
-
total
2 419
4 250
-
-
Dividends
21 772
38 250
-
-
withholding
1 089
1 913
-
-
total
1 089
1 913
-
-
Income
42 500
42 500
42 500
42 500
Total tax
10 259
6 163
14 148
14 597
After tax
32 241
36 337
28 352
27 903
Living cost
11 559
11 559
11 559
11 559
Free-cash
20 682
24 778
16 793
16 344

Estimated living cost  is ₽11559 per week

₽6748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽825
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽306
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3679
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽52510
-₽57483
-₽54014
-₽24743
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
health
-
-
-
6 525
pensions
-
-
-
7 649
income
-
-
-
3 945
total
-
-
-
18 119
Employee
82 134
75 652
75 652
-
pensions
10 379
10 379
13 617
-
income

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

12 383
12 383
12 383
-
health
10 247
9 877
11 612
-
total
33 009
32 639
37 612
-
Employer
82 134
75 652
75 652
-
unemployment
2 957
2 723
2 723
-
health
5 708
5 259
5 259
-
pensions
5 716
5 265
5 265
-
total
14 381
13 247
13 247
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
47 390
45 886
50 859
18 119
After tax
-4 890
-3 386
-8 359
24 381
Living cost
49 124
49 124
49 124
49 124
Free-cash
-54 014
-52 510
-57 483
-24 743

Estimated living cost  is ₽49124 per week

₽36237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4388
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7234
-₽460
-₽906
-₽1327
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
-
social contributions
-
-
-
12 410
income
-
-
-
3 653
health
-
-
-
5 737
total
-
-
-
21 800
Employee
32 393
-
31 716
-
income
3 887
-
3 806
-
solidarity contribution
-
-
-
-
social contributions
2 106
-
2 062
-
health
4 373
-
4 282
-
total
10 366
-
10 150
-
Employer
32 393
-
31 716
-
social contributions
8 098
-
7 929
-
health
2 915
-
2 854
-
total
11 013
-
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
21 379
13 239
20 933
21 800
After tax
21 121
29 261
21 567
20 700
Living cost
22 027
22 027
22 027
22 027
Free-cash
-906
7 234
-460
-1 327

Estimated living cost  is ₽22027 per week

₽15300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1567
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.
₽4727
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14707
-₽16391
-₽36234
-₽13991
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
411
social contributions
-
-
-
10 931
municipal
-
-
-
252
national
-
-
-
7 515
total
-
-
-
19 109
Employee
78 733
-
42 500
-
regional
743
-
357
-
national
13 643
-
6 597
-
municipal
417
-
225
-
social contributions
26 549
-
14 330
-
total
41 352
-
21 509
-
Employer
78 733
-
42 500
-
total
-
-
-
-
Corporate
-
42 500
-
-
nationa
-
10 200
-
-
municipal
-
1 658
-
-
total
-
11 858
-
-
Dividends
-
30 643
-
-
withholding
-
7 967
-
-
total
-
7 967
-
-
Income
42 500
42 500
42 500
42 500
Total tax
41 352
19 825
21 509
19 109
After tax
1 148
22 675
20 991
23 391
Living cost
37 382
37 382
37 382
37 382
Free-cash
-36 234
-14 707
-16 391
-13 991

Estimated living cost  is ₽37382 per week

₽26058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2451
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8298
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7184
₽3790
₽4426
₽4841
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
234
health
-
-
-
3 018
unemployment
-
-
-
202
pensions
-
-
-
8 500
other
-
-
-
-
income
-
-
-
6 156
total
-
-
-
18 110
Employee
29 296
-
35 110
-
pensions
1 954
-
2 342
-
income
4 911
-
5 886
-
surtax
96
-
203
-
unemployment
2 039
-
2 444
-
other
-
-
-
-
health
748
-
896
-
total
9 748
-
11 771
-
Employer
29 296
-
35 110
-
other
-
-
-
-
unemployment
928
-
1 113
-
health
1 333
-
1 597
-
pensions
3 905
-
4 680
-
total
6 166
-
7 390
-
Corporate
7 037
42 500
-
-
income
1 829
11 050
-
-
total
1 829
11 050
-
-
Dividends
5 208
31 450
-
-
withholding
782
4 717
-
-
total
782
4 717
-
-
Income
42 500
42 500
42 500
42 500
Total tax
18 525
15 767
19 161
18 110
After tax
23 975
26 733
23 339
24 390
Living cost
19 549
19 549
19 549
19 549
Free-cash
4 426
7 184
3 790
4 841

Estimated living cost  is ₽19549 per week

₽11953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5341
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8494
-₽12250
-₽20609
-₽8218
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
pensions
-
-
-
2 351
income
-
-
-
8 030
total
-
-
-
10 381
Employee
55 985
-
38 172
-
pensions
4 752
-
2 615
-
income
10 083
-
7 023
-
health
813
-
447
-
total
15 648
-
10 085
-
Employer
55 985
-
38 172
-
health
1 064
-
725
-
pensions
6 060
-
3 603
-
total
7 124
-
4 328
-
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
22 772
10 657
14 413
10 381
After tax
19 728
31 843
28 087
32 119
Living cost
40 337
40 337
40 337
40 337
Free-cash
-20 609
-8 494
-12 250
-8 218

Estimated living cost  is ₽40337 per week

₽30221
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3023
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6671
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽52130
-₽37934
-₽49228
-₽35337
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
447
health
-
-
-
233
regional
-
-
-
748
pensions
-
-
-
3 911
other

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

-
-
-
849
national
-
-
-
83
total
-
-
-
6 271
Employee
83 751
-
37 804
-
pensions
7 036
-
3 441
-
regional
2 742
-
603
-
unemployment
-
-
-
-
national
396
-
55
-
city
899
-
403
-
health
189
-
85
-
total
11 262
-
4 587
-
Employer
83 751
-
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.

1 675
-
755
-
unemployment
-
-
-
-
health
189
-
85
-
pensions
7 036
-
3 441
-
total
8 900
-
4 281
-
Corporate
-
42 500
-
-
national
-
3 612
-
-
regional
-
8 988
-
-
total
-
12 600
-
-
Dividends
-
29 900
-
-
withholding
-
10 464
-
-
total
-
10 464
-
-
Income
42 500
42 500
42 500
42 500
Total tax
20 162
23 064
8 868
6 271
After tax
22 338
19 436
33 632
36 229
Living cost
71 566
71 566
71 566
71 566
Free-cash
-49 228
-52 130
-37 934
-35 337

Estimated living cost  is ₽71566 per week

₽46539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6422
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽879
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽17727
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽19400
-₽7503
-₽10741
-₽7728
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
225
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.

-
-
-
175
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.

-
-
-
3 193
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.

-
-
-
6 052
total
-
-
-
9 645
Employee

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

53 241
-
42 500
-
income

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

6 261
-
3 193
-
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.

345
-
175
-
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.

6 052
-
6 052
-
total
12 658
-
9 420
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
42 500
-
-
income
-
6 375
-
-
surtax

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

-
351
-
-
trade
-
7 290
-
-
chamber of commerce
-
195
-
-
total
-
14 211
-
-
Dividends
-
28 289
-
-
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
-
-
withholding
-
6 736
-
-
total
-
7 106
-
-
Income
42 500
42 500
42 500
42 500
Total tax
12 658
21 317
9 420
9 645
After tax
29 842
21 183
33 080
32 855
Living cost
40 583
40 583
40 583
40 583
Free-cash
-10 741
-19 400
-7 503
-7 728

Estimated living cost  is ₽40583 per week

₽29640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3246
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.
₽7170
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8890
-₽4079
-₽7257
-₽4652
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
health
-
-
-
368
social contributions
-
-
-
1 210
pensions
-
-
-
12 462
other
-
-
-
1 318
income
-
-
-
1 484
total
-
-
-
16 842
Employee
37 915
-
32 386
-
pensions
4 287
-
3 663
-
income
2 238
-
1 569
-
surtax
-
-
-
-
social contributions
1 081
-
923
-
total
7 606
-
6 155
-
Employer
37 915
-
32 386
-
other
1 308
-
1 118
-
social contributions
114
-
98
-
unemployment
1 535
-
1 311
-
health
2 655
-
2 266
-
pensions
6 229
-
5 321
-
total
11 841
-
10 114
-
Corporate
-
42 500
-
-
income
-
11 899
-
-
surtax
-
-
-
-
total
-
11 899
-
-
Dividends
-
30 601
-
-
social contributions
-
5 264
-
-
surtax
-
-
-
-
withholding
-
3 917
-
-
total
-
9 181
-
-
Income
42 500
42 500
42 500
42 500
Total tax
19 447
21 080
16 269
16 842
After tax
23 053
21 420
26 231
25 658
Living cost
30 310
30 310
30 310
30 310
Free-cash
-7 257
-8 890
-4 079
-4 652

Estimated living cost  is ₽30310 per week

₽19111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2465
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.
₽8219
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5887
-₽1076
-₽1914
-₽1649
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
health
-
-
-
368
social contributions
-
-
-
1 210
pensions
-
-
-
12 462
other
-
-
-
1 318
income
-
-
-
1 484
total
-
-
-
16 842
Employee
33 845
-
32 386
-
pensions
3 828
-
3 663
-
income
1 745
-
1 569
-
surtax
-
-
-
-
social contributions
965
-
923
-
total
6 538
-
6 155
-
Employer
33 845
-
32 386
-
other
1 168
-
1 118
-
social contributions
101
-
98
-
unemployment
1 370
-
1 311
-
health
2 369
-
2 266
-
pensions
5 561
-
5 321
-
total
10 569
-
10 114
-
Corporate
-
42 500
-
-
income
-
11 899
-
-
surtax
-
-
-
-
total
-
11 899
-
-
Dividends
-
30 601
-
-
social contributions
-
5 264
-
-
surtax
-
-
-
-
withholding
-
3 917
-
-
total
-
9 181
-
-
Income
42 500
42 500
42 500
42 500
Total tax
17 107
21 080
16 269
16 842
After tax
25 393
21 420
26 231
25 658
Living cost
27 307
27 307
27 307
27 307
Free-cash
-1 914
-5 887
-1 076
-1 649

Estimated living cost  is ₽27307 per week

₽15837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2774
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽8179
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7145
₽7006
₽7603
₽8507
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 866
income
-
-
-
6 375
health
-
-
-
2 967
total
-
-
-
15 208
Employee
30 037
-
42 500
-
income
5 010
-
7 876
-
social contributions
4 146
-
5 866
-
health
2 096
-
2 967
-
total
11 252
-
16 709
-
Employer
30 037
-
42 500
-
total
-
-
-
-
Corporate
12 463
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%.

624
2 125
-
-
total
624
2 125
-
-
Dividends
11 839
40 375
-
-
social contributions
1 634
5 571
-
-
withholding
1 775
6 056
-
-
health
827
2 818
-
-
total
4 236
14 445
-
-
Income
42 500
42 500
42 500
42 500
Total tax
16 112
16 570
16 709
15 208
After tax
26 388
25 930
25 791
27 292
Living cost
18 785
18 785
18 785
18 785
Free-cash
7 603
7 145
7 006
8 507

Estimated living cost  is ₽18785 per week

₽12572
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1158
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4622
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8890
-₽14485
-₽15529
-₽7473
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
175
health
-
-
-
3 251
unemployment
-
-
-
5 434
pensions
-
-
-
7 863
chamber of commerce
-
-
-
170
income
-
-
-
1 864
total
-
-
-
18 757
Employee
44 273
35 304
35 304
-
pensions
4 534
3 614
3 351
-
income
5 040
2 604
2 722
-
unemployment
1 328
1 059
982
-
other
442
353
328
-
health
1 713
1 367
1 266
-
total
13 057
8 997
8 649
-
Employer
44 273
35 304
35 304
-
other
2 103
1 676
1 654
-
payroll
1 328
1 059
1 059
-
unemployment
1 328
1 059
982
-
health
1 673
1 335
1 237
-
accident
575
459
425
-
chamber of commerce
177
141
141
-
surtax
175
175
175
-
pensions
5 556
4 432
4 107
-
total
12 915
10 336
9 780
-
Corporate
3 362
3 362
29 357
-
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.

841
841
7 340
-
total
841
841
7 340
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
26 813
20 174
25 769
18 757
After tax
15 687
22 326
16 731
23 743
Living cost
31 216
31 216
31 216
31 216
Free-cash
-15 529
-8 890
-14 485
-7 473

Estimated living cost  is ₽31216 per week

₽20819
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2663
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.
₽7221
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8297
-₽13507
-₽39315
-₽8247
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
2 302
social contributions
-
-
-
4 141
national
-
-
-
12 003
total
-
-
-
18 446
Employee

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

63 369
-
32 917
-
pensions

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

4 753
-
2 470
-
communal

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

3 305
-
1 716
-
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.

551
-
286
-
national
19 482
-
8 104
-
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.

2 977
-
1 547
-
total
31 068
-
14 123
-
Employer

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

63 369
-
32 917
-
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.

925
-
481
-
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.

3 897
-
2 024
-
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.

824
-
429
-
surtax
7 185
-
3 732
-
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.

5 615
-
2 917
-
total
18 446
-
9 583
-
Corporate
-
42 500
-
-
income
-
8 500
-
-
surtax
-
170
-
-
total
-
8 670
-
-
Dividends
-
33 830
-
-
withholding

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

-
9 826
-
-
total
-
9 826
-
-
Income
42 500
42 500
42 500
42 500
Total tax
49 514
18 496
23 706
18 446
After tax
-7 014
24 004
18 794
24 054
Living cost
32 301
32 301
32 301
32 301
Free-cash
-39 315
-8 297
-13 507
-8 247

Estimated living cost  is ₽32301 per week

₽20806
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2824
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8165
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3253
-₽8011
-₽15654
-₽8336
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
accident
-
-
-
383
unemployment
-
-
-
298
pensions
-
-
-
12 027
other
-
-
-
42
income
-
-
-
6 093
total
-
-
-
18 843
Employee
44 098
-
32 226
-
pensions
2 073
-
1 515
-
income
9 304
-
6 198
-
unemployment
684
-
499
-
other
44
-
32
-
total
12 105
-
8 244
-
Employer
44 098
-
32 226
-
other
351
-
257
-
unemployment
2 426
-
1 772
-
accident
873
-
639
-
pensions
10 406
-
7 606
-
total
14 056
-
10 274
-
Corporate
-
42 500
-
-
income

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

-
6 375
-
-
total
-
6 375
-
-
Dividends
-
36 125
-
-
withholding
-
7 385
-
-
total
-
7 385
-
-
Income
42 500
42 500
42 500
42 500
Total tax
26 161
13 760
18 518
18 843
After tax
16 339
28 740
23 982
23 657
Living cost
31 993
31 993
31 993
31 993
Free-cash
-15 654
-3 253
-8 011
-8 336

Estimated living cost  is ₽31993 per week

₽23560
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2270
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.
₽5702
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21402
-₽19461
-₽32603
-₽19530
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
-
surtax
-
-
-
2 249
health
-
-
-
3 187
accident
-
-
-
383
pensions
-
-
-
6 800
income
-
-
-
1 268
total
-
-
-
13 887
Employee
67 088
-
37 462
-
pensions
5 366
-
3 372
-
income
6 480
-
1 278
-
surtax
4 112
-
2 254
-
health
2 986
-
1 876
-
total
18 944
-
8 780
-
Employer
67 088
-
37 462
-
health
2 046
-
1 286
-
accident
604
-
380
-
pensions
5 366
-
3 372
-
total
8 016
-
5 038
-
Corporate
-
42 500
-
-
income
-
6 375
-
-
surtax
-
446
-
-
communal
-
2 868
-
-
total
-
9 689
-
-
Dividends
-
32 811
-
-
income
-
1 148
-
-
withholding
-
4 922
-
-
total
-
6 070
-
-
Income
42 500
42 500
42 500
42 500
Total tax
26 960
15 759
13 818
13 887
After tax
15 540
26 741
28 682
28 613
Living cost
48 143
48 143
48 143
48 143
Free-cash
-32 603
-21 402
-19 461
-19 530

Estimated living cost  is ₽48143 per week

₽36115
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2917
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8601
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6835
₽3441
₽4016
₽4492
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
234
health
-
-
-
3 018
unemployment
-
-
-
202
pensions
-
-
-
8 500
other
-
-
-
-
income
-
-
-
6 156
total
-
-
-
18 110
Employee
29 834
-
35 110
-
pensions
1 990
-
2 342
-
income
5 001
-
5 886
-
surtax
106
-
203
-
unemployment
2 076
-
2 444
-
other
-
-
-
-
health
762
-
896
-
total
9 935
-
11 771
-
Employer
29 834
-
35 110
-
other
-
-
-
-
unemployment
946
-
1 113
-
health
1 357
-
1 597
-
pensions
3 978
-
4 680
-
total
6 281
-
7 390
-
Corporate
6 385
42 500
-
-
income
1 661
11 050
-
-
total
1 661
11 050
-
-
Dividends
4 724
31 450
-
-
withholding
709
4 717
-
-
total
709
4 717
-
-
Income
42 500
42 500
42 500
42 500
Total tax
18 586
15 767
19 161
18 110
After tax
23 914
26 733
23 339
24 390
Living cost
19 898
19 898
19 898
19 898
Free-cash
4 016
6 835
3 441
4 492

Estimated living cost  is ₽19898 per week

₽12014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5694
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1525
-₽3088
-₽6643
-₽703
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
252
national
-
-
-
7 515
total
-
-
-
19 339
Employee
49 142
-
42 500
-
regional
662
-
572
-
national
7 785
-
6 597
-
municipal
261
-
225
-
social contributions
16 571
-
14 330
-
total
25 279
-
21 724
-
Employer
49 142
-
42 500
-
total
-
-
-
-
Corporate
-
42 500
-
-
nationa
-
10 200
-
-
municipal
-
2 112
-
-
total
-
12 312
-
-
Dividends
-
30 189
-
-
withholding
-
7 849
-
-
total
-
7 849
-
-
Income
42 500
42 500
42 500
42 500
Total tax
25 279
20 161
21 724
19 339
After tax
17 221
22 339
20 776
23 161
Living cost
23 864
23 864
23 864
23 864
Free-cash
-6 643
-1 525
-3 088
-703

Estimated living cost  is ₽23864 per week

₽14841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2418
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2118
-₽5576
-₽10988
-₽6443
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
-
social contributions
-
-
-
12 410
income
-
-
-
3 653
health
-
-
-
5 737
total
-
-
-
21 800
Employee
39 916
-
31 716
-
income
4 790
-
3 806
-
solidarity contribution
-
-
-
-
social contributions
2 595
-
2 062
-
health
5 389
-
4 282
-
total
12 774
-
10 150
-
Employer
39 916
-
31 716
-
social contributions
9 979
-
7 929
-
health
3 592
-
2 854
-
total
13 571
-
10 783
-
Corporate
-
42 500
-
-
income
-
8 075
-
-
total
-
8 075
-
-
Dividends
-
34 425
-
-
withholding
-
5 164
-
-
total
-
5 164
-
-
Income
42 500
42 500
42 500
42 500
Total tax
26 345
13 239
20 933
21 800
After tax
16 155
29 261
21 567
20 700
Living cost
27 143
27 143
27 143
27 143
Free-cash
-10 988
2 118
-5 576
-6 443

Estimated living cost  is ₽27143 per week

₽20185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1504
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4985
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5762
-₽11439
-₽8212
-₽4345
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
health
-
-
-
3 251
unemployment
-
-
-
5 434
pensions
-
-
-
7 863
chamber of commerce
-
-
-
170
income
-
-
-
1 864
total
-
-
-
18 582
Employee
38 725
35 304
35 304
-
pensions
3 966
3 614
3 366
-
income
3 450
2 604
2 715
-
unemployment
1 162
1 059
985
-
other
387
353
328
-
health
1 498
1 367
1 273
-
total
10 463
8 997
8 667
-
Employer
38 725
35 304
35 304
-
other
1 839
1 676
1 656
-
payroll
1 162
1 059
1 059
-
unemployment
1 162
1 059
985
-
health
1 464
1 335
1 242
-
accident
503
459
427
-
chamber of commerce
155
141
141
-
surtax
-
-
-
-
pensions
4 860
4 432
4 124
-
total
11 145
10 161
9 634
-
Corporate
3 362
3 362
29 503
-
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.

841
841
7 375
-
total
841
841
7 375
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
22 449
19 999
25 676
18 582
After tax
20 051
22 501
16 824
23 918
Living cost
28 263
28 263
28 263
28 263
Free-cash
-8 212
-5 762
-11 439
-4 345

Estimated living cost  is ₽28263 per week

₽16954
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2887
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.
₽7918
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29088
₽22713
₽26971
₽30788
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 109
-
42 500
-
income
2 822
-
8 500
-
total
2 822
-
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%.

28 391
42 500
-
-
total
-
-
-
-
Dividends
28 391
42 500
-
-
withholding
1 420
2 125
-
-
total
1 420
2 125
-
-
Income
42 500
42 500
42 500
42 500
Total tax
4 242
2 125
8 500
425
After tax
38 258
40 375
34 000
42 075
Living cost
11 287
11 287
11 287
11 287
Free-cash
26 971
29 088
22 713
30 788

Estimated living cost  is ₽11287 per week

₽7638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽474
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽379
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5498
-₽1367
-₽2775
-₽20
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
42 500
health
-
-
-
4 183
unemployment
-
-
-
64
pensions
-
-
-
7 762
income
-
-
-
6 749
total
-
-
-
18 758
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.

39 175
-
36 774
-
pensions
6 072
-
5 701
-
income
6 756
-
6 251
-
unemployment
55
-
52
-
health
2 530
-
2 375
-
total
15 413
-
14 379
-
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.

39 175
-
36 774
-
unemployment
24
-
22
-
health
2 609
-
2 449
-
pensions
3 467
-
3 255
-
total
6 100
-
5 726
-
Corporate
-
42 500
-
-
income
-
8 075
-
-
total
-
8 075
-
-
Dividends
-
34 425
-
-
withholding
-
5 165
-
-
total
-
5 165
-
-
Income
42 500
42 500
42 500
42 500
Total tax
21 513
13 240
20 105
18 758
After tax
20 987
29 260
22 395
23 742
Living cost
23 762
23 762
23 762
23 762
Free-cash
-2 775
5 498
-1 367
-20

Estimated living cost  is ₽23762 per week

₽16307
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1523
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.
₽5472
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15603
-₽11601
-₽100770
-₽12089
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
59 448
-
-
-
income
13 113
-
-
-
social contributions
4 875
-
695
-
total
17 988
-
695
-
Employer
59 448
-
-
-
social contributions
83 822
-
11 946
-
total
83 822
-
11 946
-
Corporate
-
42 500
-
-
income
-
9 350
-
-
total
-
9 350
-
-
Dividends
-
33 150
-
-
income
-
7 293
-
-
total
-
7 293
-
-
Income
42 500
42 500
42 500
42 500
Total tax
101 810
16 643
12 641
13 129
After tax
-59 310
25 857
29 859
29 371
Living cost
41 460
41 460
41 460
41 460
Free-cash
-100 770
-15 603
-11 601
-12 089

Estimated living cost  is ₽41460 per week

₽26901
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3899
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.
₽10131
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3614
-₽3931
-₽7922
-₽2977
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
42 500
surtax
-
-
-
-
social contributions

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

-
-
-
14 769
income
-
-
-
2 920
total
-
-
-
17 689
Employee
40 744
-
34 343
-
income
8 475
-
6 708
-
surtax
-
-
-
-
social contributions
4 482
-
3 778
-
total
12 957
-
10 486
-
Employer
40 744
-
34 343
-
social contributions
9 677
-
8 157
-
total
9 677
-
8 157
-
Corporate
-
42 500
-
-
income
-
8 925
-
-
surtax
-
-
-
-
total
-
8 925
-
-
Dividends
-
33 575
-
-
withholding
-
9 401
-
-
total
-
9 401
-
-
Income
42 500
42 500
42 500
42 500
Total tax
22 634
18 326
18 643
17 689
After tax
19 866
24 174
23 857
24 811
Living cost
27 788
27 788
27 788
27 788
Free-cash
-7 922
-3 614
-3 931
-2 977

Estimated living cost  is ₽27788 per week

₽20791
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1639
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽4894
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21368
-₽16557
-₽30314
-₽17130
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
health
-
-
-
368
social contributions
-
-
-
1 210
pensions
-
-
-
12 462
other
-
-
-
1 318
income
-
-
-
1 484
total
-
-
-
16 842
Employee
55 485
-
32 386
-
pensions
6 276
-
3 663
-
income
4 841
-
1 569
-
surtax
-
-
-
-
social contributions
1 580
-
923
-
total
12 697
-
6 155
-
Employer
55 485
-
32 386
-
other
1 915
-
1 118
-
social contributions
166
-
98
-
unemployment
2 248
-
1 311
-
health
3 883
-
2 266
-
pensions
9 117
-
5 321
-
total
17 329
-
10 114
-
Corporate
-
42 500
-
-
income
-
11 899
-
-
surtax
-
-
-
-
total
-
11 899
-
-
Dividends
-
30 601
-
-
social contributions
-
5 264
-
-
surtax
-
-
-
-
withholding
-
3 917
-
-
total
-
9 181
-
-
Income
42 500
42 500
42 500
42 500
Total tax
30 026
21 080
16 269
16 842
After tax
12 474
21 420
26 231
25 658
Living cost
42 788
42 788
42 788
42 788
Free-cash
-30 314
-21 368
-16 557
-17 130

Estimated living cost  is ₽42788 per week

₽28958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3500
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.
₽9742
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11620
₽7776
₽8644
₽6519
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 351
total
-
-
-
9 351
Employee
28 481
-
36 798
-
social contributions
1 851
-
2 392
-
income
-
-
-
-
total
1 851
-
2 392
-
Employer
28 481
-
36 798
-
social contributions
4 415
-
5 702
-
total
4 415
-
5 702
-
Corporate
9 605
42 500
-
-
income
960
4 250
-
-
total
960
4 250
-
-
Dividends
8 645
38 250
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
7 226
4 250
8 094
9 351
After tax
35 274
38 250
34 406
33 149
Living cost
26 630
26 630
26 630
26 630
Free-cash
8 644
11 620
7 776
6 519

Estimated living cost  is ₽26630 per week

₽17218
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2007
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6903
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽150211
-₽150211
-₽150211
-₽14476
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
labour market
-
-
-
3 339
pensions
-
-
-
767
municipal
-
-
-
6 466
national
-
-
-
3 807
total
-
-
-
14 379
Employee
179 792
179 792
179 792
-
pensions
256
256
256
-
labour market
14 363
14 363
14 363
-
national
21 965
21 965
21 965
-
municipal
38 286
38 286
38 286
-
total
74 870
74 870
74 870
-
Employer
179 792
179 792
179 792
-
labour market
14 383
14 383
14 383
-
national
22 003
22 003
22 003
-
municipal
38 347
38 347
38 347
-
pensions
511
511
511
-
total
75 244
75 244
75 244
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
150 114
150 114
150 114
14 379
After tax
-107 614
-107 614
-107 614
28 121
Living cost
42 597
42 597
42 597
42 597
Free-cash
-150 211
-150 211
-150 211
-14 476

Estimated living cost  is ₽42597 per week

₽29154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽655
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16083
₽2919
₽447
₽9946
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
health
-
-
-
1 965
accident
-
-
-
227
pensions
-
-
-
3 748
other
-
-
-
334
income
-
-
-
6 754
total
-
-
-
13 028
Employee
30 715
-
35 305
-
pensions
3 459
-
3 975
-
income
4 214
-
4 843
-
health
3 517
-
4 042
-
total
11 190
-
12 860
-
Employer
30 715
-
35 305
-
unemployment
753
-
865
-
accident
513
-
589
-
pensions
4 994
-
5 741
-
total
6 260
-
7 195
-
Corporate
5 525
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.

4 972
38 250
-
-
total
4 972
38 250
-
-
Dividends
552
4 250
-
-
withholding
105
807
-
-
total
105
807
-
-
Income
42 500
42 500
42 500
42 500
Total tax
22 527
39 057
20 055
13 028
After tax
19 973
3 443
22 445
29 472
Living cost
19 526
19 526
19 526
19 526
Free-cash
447
-16 083
2 919
9 946

Estimated living cost  is ₽19526 per week

₽14213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1113
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4602
-₽7444
-₽12902
-₽153
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 599
national
-
-
-
758
health
-
-
-
284
total
-
-
-
8 641
Employee
46 609
-
35 754
-
pensions
3 145
-
2 414
-
unemployment
699
-
536
-
national
770
-
182
-
municipal
7 634
-
5 872
-
health
348
-
182
-
total
12 596
-
9 186
-
Employer
46 609
-
35 754
-
unemployment
303
-
232
-
health
358
-
276
-
accident
47
-
35
-
pensions
8 086
-
6 203
-
total
8 794
-
6 746
-
Corporate
-
42 500
-
-
income
-
8 500
-
-
total
-
8 500
-
-
Dividends

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

-
25 500
-
-
national
-
-
-
-
municipal
-
4 590
-
-
total
-
4 590
-
-
Income
42 500
42 500
42 500
42 500
Total tax
21 390
13 090
15 932
8 641
After tax
21 110
29 410
26 568
33 859
Living cost
34 012
34 012
34 012
34 012
Free-cash
-12 902
-4 602
-7 444
-153

Estimated living cost  is ₽34012 per week

₽22217
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3272
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7984
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1956
₽7021
₽6041
₽13875
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
social contributions
-
-
-
6 630
income
-
-
-
400
health
-
-
-
1 084
total
-
-
-
8 114
Employee
68 121
68 121
68 121
-
income
7 417
6 306
7 192
-
social contributions
2 576
5 654
3 203
-
health
528
1 158
656
-
total
10 521
13 118
11 051
-
Employer
68 121
68 121
68 121
-
social contributions
2 576
5 654
3 203
-
health
573
1 261
714
-
total
3 149
6 915
3 917
-
Corporate
8 320
-
-
-
income
1 041
-
-
-
total
1 041
-
-
-
Dividends
7 279
-
-
-
withholding
1 237
-
-
-
total
1 237
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
15 948
20 033
14 968
8 114
After tax
26 552
22 467
27 532
34 386
Living cost
20 511
20 511
20 511
20 511
Free-cash
6 041
1 956
7 021
13 875

Estimated living cost  is ₽20511 per week

₽12293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2012
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21130
₽12309
₽16622
₽16183
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
42 500
health
-
-
-
3 206
unemployment
-
-
-
25
pensions
-
-
-
5 635
income
-
-
-
3 386
total
-
-
-
12 252
Employee

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

20 334
-
38 529
-
pensions
3 050
-
5 780
-
income
1 390
-
2 909
-
unemployment
101
-
193
-
health
1 728
-
3 275
-
total
6 269
-
12 157
-
Employer

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

20 334
-
38 529
-
unemployment
101
-
193
-
health
874
-
1 656
-
pensions
1 118
-
2 120
-
total
2 093
-
3 969
-
Corporate
20 073
42 500
-
-
income
1 807
3 825
-
-
total
1 807
3 825
-
-
Dividends
18 265
38 675
-
-
withholding
1 644
3 480
-
-
total
1 644
3 480
-
-
Income
42 500
42 500
42 500
42 500
Total tax
11 813
7 305
16 126
12 252
After tax
30 687
35 195
26 374
30 248
Living cost
14 065
14 065
14 065
14 065
Free-cash
16 622
21 130
12 309
16 183

Estimated living cost  is ₽14065 per week

₽8974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽419
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3658
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4379
-₽379
-₽699
-₽704
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
accident
-
-
-
383
unemployment
-
-
-
298
pensions
-
-
-
12 027
other
-
-
-
42
income
-
-
-
6 093
total
-
-
-
18 843
Employee
32 757
-
32 226
-
pensions
1 540
-
1 515
-
income
6 315
-
6 198
-
unemployment
508
-
499
-
other
32
-
32
-
total
8 395
-
8 244
-
Employer
32 757
-
32 226
-
other
262
-
257
-
unemployment
1 802
-
1 772
-
accident
649
-
639
-
pensions
7 730
-
7 606
-
total
10 443
-
10 274
-
Corporate
-
42 500
-
-
income

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

-
6 375
-
-
total
-
6 375
-
-
Dividends
-
36 125
-
-
withholding
-
7 385
-
-
total
-
7 385
-
-
Income
42 500
42 500
42 500
42 500
Total tax
18 838
13 760
18 518
18 843
After tax
23 662
28 740
23 982
23 657
Living cost
24 361
24 361
24 361
24 361
Free-cash
-699
4 379
-379
-704

Estimated living cost  is ₽24361 per week

₽16443
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2342
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24944
₽25013
₽24686
₽25124
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
health
-
-
-
833
pensions
-
-
-
1 149
income
-
-
-
13 818
total
-
-
-
15 800
Employee
2 400
-
41 207
-
pensions
216
-
517
-
income
464
-
13 757
-
unemployment
24
-
57
-
health
120
-
287
-
total
824
-
14 618
-
Employer
2 400
-
41 207
-
unemployment
48
-
115
-
health
228
-
546
-
pensions
264
-
632
-
total
540
-
1 293
-
Corporate
39 560
42 500
-
-
income
8 703
9 350
-
-
total
8 703
9 350
-
-
Dividends
30 857
33 150
-
-
withholding
6 171
6 630
-
-
total
6 171
6 630
-
-
Income
42 500
42 500
42 500
42 500
Total tax
16 238
15 980
15 911
15 800
After tax
26 262
26 520
26 589
26 700
Living cost
1 576
1 576
1 576
1 576
Free-cash
24 686
24 944
25 013
25 124

Estimated living cost  is ₽1576 per week

₽936
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽128
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽36
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽476
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15413
₽7803
₽11061
₽5972
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
42 500
health
-
-
-
4 378
unemployment
-
-
-
637
pensions
-
-
-
11 050
income
-
-
-
5 170
total
-
-
-
21 235
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.

23 061
-
36 047
-
pensions
3 229
-
5 047
-
income
3 179
-
5 779
-
unemployment
173
-
270
-
health
1 188
-
1 856
-
total
7 769
-
12 952
-
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.

23 061
-
36 047
-
unemployment
173
-
270
-
health
1 188
-
1 856
-
pensions
2 767
-
4 326
-
total
4 128
-
6 452
-
Corporate
15 311
42 500
-
-
income
2 297
6 375
-
-
total
2 297
6 375
-
-
Dividends
13 014
36 125
-
-
withholding
1 952
5 419
-
-
total
1 952
5 419
-
-
Income
42 500
42 500
42 500
42 500
Total tax
16 146
11 794
19 404
21 235
After tax
26 354
30 706
23 096
21 265
Living cost
15 293
15 293
15 293
15 293
Free-cash
11 061
15 413
7 803
5 972

Estimated living cost  is ₽15293 per week

₽10297
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1183
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.
₽3371
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽291
-₽26
-₽49
₽928
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
42 500
surtax
-
-
-
-
social contributions

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

-
-
-
14 769
income
-
-
-
2 920
total
-
-
-
17 689
Employee
34 384
-
34 343
-
income
6 718
-
6 708
-
surtax
-
-
-
-
social contributions
3 783
-
3 778
-
total
10 501
-
10 486
-
Employer
34 384
-
34 343
-
social contributions
8 165
-
8 157
-
total
8 165
-
8 157
-
Corporate
-
42 500
-
-
income
-
8 925
-
-
surtax
-
-
-
-
total
-
8 925
-
-
Dividends
-
33 575
-
-
withholding
-
9 401
-
-
total
-
9 401
-
-
Income
42 500
42 500
42 500
42 500
Total tax
18 666
18 326
18 643
17 689
After tax
23 834
24 174
23 857
24 811
Living cost
23 883
23 883
23 883
23 883
Free-cash
-49
291
-26
928

Estimated living cost  is ₽23883 per week

₽16916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1659
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.
₽4885
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2394
-₽7152
-₽13926
-₽7477
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
accident
-
-
-
383
unemployment
-
-
-
298
pensions
-
-
-
12 027
other
-
-
-
42
income
-
-
-
6 093
total
-
-
-
18 843
Employee
42 785
-
32 226
-
pensions
2 011
-
1 515
-
income
8 936
-
6 198
-
unemployment
662
-
499
-
other
42
-
32
-
total
11 651
-
8 244
-
Employer
42 785
-
32 226
-
other
343
-
257
-
unemployment
2 354
-
1 772
-
accident
847
-
639
-
pensions
10 097
-
7 606
-
total
13 641
-
10 274
-
Corporate
-
42 500
-
-
income

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

-
6 375
-
-
total
-
6 375
-
-
Dividends
-
36 125
-
-
withholding
-
7 385
-
-
total
-
7 385
-
-
Income
42 500
42 500
42 500
42 500
Total tax
25 292
13 760
18 518
18 843
After tax
17 208
28 740
23 982
23 657
Living cost
31 134
31 134
31 134
31 134
Free-cash
-13 926
-2 394
-7 152
-7 477

Estimated living cost  is ₽31134 per week

₽22359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2421
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5916
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21171
₽13186
₽15797
₽12737
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
health
-
-
-
3 541
unemployment
-
-
-
123
pensions

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

-
-
-
4 558
income
-
-
-
6 375
total
-
-
-
14 597
Employee
20 082
-
36 458
-
pensions

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

1 763
-
2 704
-
income
2 009
-
3 646
-
accident

We are using the highest rate at 1.1%.

221
-
339
-
health
924
-
1 417
-
total
4 917
-
8 106
-
Employer
20 082
-
36 458
-
unemployment
121
-
185
-
health
1 386
-
2 125
-
accident

We are using the highest rate at 1.1%.

221
-
339
-
pensions

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

2 213
-
3 393
-
total
3 941
-
6 042
-
Corporate
18 478
42 500
-
-
income
1 848
4 250
-
-
total
1 848
4 250
-
-
Dividends
16 630
38 250
-
-
withholding
831
1 913
-
-
total
831
1 913
-
-
Income
42 500
42 500
42 500
42 500
Total tax
11 537
6 163
14 148
14 597
After tax
30 963
36 337
28 352
27 903
Living cost
15 166
15 166
15 166
15 166
Free-cash
15 797
21 171
13 186
12 737

Estimated living cost  is ₽15166 per week

₽10031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽868
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽362
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12143
-₽1122
-₽1579
-₽1310
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
188
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.

-
-
-
175
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.

-
-
-
3 193
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.

-
-
-
6 052
total
-
-
-
9 608
Employee

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

44 079
-
42 500
-
income

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

3 625
-
3 193
-
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.

200
-
175
-
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.

6 052
-
6 052
-
total
9 877
-
9 420
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
42 500
-
-
income
-
6 375
-
-
surtax

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

-
351
-
-
trade
-
6 099
-
-
chamber of commerce
-
197
-
-
total
-
13 022
-
-
Dividends
-
29 478
-
-
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
-
-
withholding
-
7 032
-
-
total
-
7 419
-
-
Income
42 500
42 500
42 500
42 500
Total tax
9 877
20 441
9 420
9 608
After tax
32 623
22 059
33 080
32 892
Living cost
34 202
34 202
34 202
34 202
Free-cash
-1 579
-12 143
-1 122
-1 310

Estimated living cost  is ₽34202 per week

₽23593
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3680
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6432
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20714
-₽16500
-₽26798
-₽16500
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 726
social contributions
-
-
-
2 809
total
-
-
-
8 535
Employee
69 297
-
42 500
-
social contributions
5 757
-
2 809
-
income
13 076
-
5 726
-
total
18 833
-
8 535
-
Employer
69 297
-
42 500
-
total
-
-
-
-
Corporate
-
42 500
-
-
income
-
5 312
-
-
total
-
5 312
-
-
Dividends
-
37 188
-
-
withholding
-
7 437
-
-
total
-
7 437
-
-
Income
42 500
42 500
42 500
42 500
Total tax
18 833
12 749
8 535
8 535
After tax
23 667
29 751
33 965
33 965
Living cost
50 465
50 465
50 465
50 465
Free-cash
-26 798
-20 714
-16 500
-16 500

Estimated living cost  is ₽50465 per week

₽38393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4112
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7478
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8677
-₽1359
-₽4856
-₽20243
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
25 217
health

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

-
-
-
5 368
total
-
-
-
30 585
Employee
40 640
-
38 628
-
social contributions
4 072
-
3 872
-
income
4 410
-
3 957
-
total
8 482
-
7 829
-
Employer
40 640
-
38 628
-
social contributions
4 072
-
3 872
-
total
4 072
-
3 872
-
Corporate
-
42 500
-
-
income
-
14 875
-
-
total
-
14 875
-
-
Dividends
-
27 625
-
-
social contributions
2 644
4 144
-
-
total
2 644
4 144
-
-
Income
42 500
42 500
42 500
42 500
Total tax
15 198
19 019
11 701
30 585
After tax
27 302
23 481
30 799
11 915
Living cost
32 158
32 158
32 158
32 158
Free-cash
-4 856
-8 677
-1 359
-20 243

Estimated living cost  is ₽32158 per week

₽21183
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2535
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7947
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽950
-₽4706
-₽7916
-₽674
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
pensions
-
-
-
2 351
income
-
-
-
8 030
total
-
-
-
10 381
Employee
45 013
-
38 172
-
pensions
3 436
-
2 615
-
income
8 197
-
7 023
-
health
587
-
447
-
total
12 220
-
10 085
-
Employer
45 013
-
38 172
-
health
855
-
725
-
pensions
4 548
-
3 603
-
total
5 403
-
4 328
-
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
17 623
10 657
14 413
10 381
After tax
24 877
31 843
28 087
32 119
Living cost
32 793
32 793
32 793
32 793
Free-cash
-7 916
-950
-4 706
-674

Estimated living cost  is ₽32793 per week

₽22496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3016
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6869
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽18016
₽986
₽151
₽8013
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
health
-
-
-
1 965
accident
-
-
-
227
pensions
-
-
-
3 748
other
-
-
-
334
income
-
-
-
6 754
total
-
-
-
13 028
Employee
33 756
-
35 305
-
pensions
3 801
-
3 975
-
income
4 631
-
4 843
-
health
3 865
-
4 042
-
total
12 297
-
12 860
-
Employer
33 756
-
35 305
-
unemployment
827
-
865
-
accident
564
-
589
-
pensions
5 488
-
5 741
-
total
6 879
-
7 195
-
Corporate
1 865
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.

1 679
38 250
-
-
total
1 679
38 250
-
-
Dividends
186
4 250
-
-
withholding
35
807
-
-
total
35
807
-
-
Income
42 500
42 500
42 500
42 500
Total tax
20 890
39 057
20 055
13 028
After tax
21 610
3 443
22 445
29 472
Living cost
21 459
21 459
21 459
21 459
Free-cash
151
-18 016
986
8 013

Estimated living cost  is ₽21459 per week

₽15748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1250
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
Skopje , Macedonia
₽24177
₽13571
₽19875
₽13571
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
213
health insurance
-
-
-
3 145
unemployment
-
-
-
510
pensions
-
-
-
7 820
income
-
-
-
5 293
total
-
-
-
16 981
Employee

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

19 117
-
42 500
-
pensions
3 518
-
7 820
-
income
1 912
-
5 293
-
health insurance
1 415
-
3 145
-
work injury
96
-
213
-
unemployment
229
-
510
-
total
7 170
-
16 981
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
23 383
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
23 383
42 500
-
-
withholding
3 507
6 375
-
-
total
3 507
6 375
-
-
Income
42 500
42 500
42 500
42 500
Total tax
10 677
6 375
16 981
16 981
After tax
31 823
36 125
25 519
25 519
Living cost
11 948
11 948
11 948
11 948
Free-cash
19 875
24 177
13 571
13 571

Estimated living cost  is ₽11948 per week

₽7402
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽868
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽373
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3305
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other 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
-₽12905
-₽14490
-₽32152
-₽12131
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
609
social contributions
-
-
-
10 931
municipal
-
-
-
284
national
-
-
-
7 515
total
-
-
-
19 339
Employee
74 651
-
42 500
-
regional
1 127
-
517
-
national
12 615
-
6 597
-
municipal
446
-
254
-
social contributions
25 172
-
14 330
-
total
39 360
-
21 698
-
Employer
74 651
-
42 500
-
total
-
-
-
-
Corporate
-
42 500
-
-
nationa
-
10 200
-
-
municipal
-
2 049
-
-
total
-
12 249
-
-
Dividends
-
30 251
-
-
withholding
-
7 864
-
-
total
-
7 864
-
-
Income
42 500
42 500
42 500
42 500
Total tax
39 360
20 113
21 698
19 339
After tax
3 140
22 387
20 802
23 161
Living cost
35 292
35 292
35 292
35 292
Free-cash
-32 152
-12 905
-14 490
-12 131

Estimated living cost  is ₽35292 per week

₽24790
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2428
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7540
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other 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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