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
₽3388
₽4512
-₽7111
₽4512
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
42 500
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 485
trade
-
-
-
-
income

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

-
-
-
2 607
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.

-
-
-
144
total
-
-
-
9 236
Employee

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

36 307
-
42 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 485
-
6 485
-
income

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

1 014
-
2 607
-
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.

56
-
144
-
total
7 555
-
9 236
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
6 193
42 500
-
-
income
930
6 375
-
-
chamber of commerce
153
205
-
-
surtax

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

50
351
-
-
trade
975
6 694
-
-
total
2 108
13 625
-
-
Dividends
4 086
28 874
-
-
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.

36
376
-
-
withholding
661
6 858
-
-
total
697
7 234
-
-
Income
42 500
42 500
42 500
42 500
Total tax
10 360
20 859
9 236
9 236
After tax
32 140
21 641
33 264
33 264
Living cost
28 752
28 752
28 752
28 752
Free-cash
3 388
-7 111
4 512
4 512

Estimated living cost  is ₽28752 per week

₽18086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3352
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6777
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽40759
-₽21512
-₽22720
-₽21845
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
3 745
pensions
-
-
-
5 100
national
-
-
-
5 803
total
-
-
-
15 105
Employee
76 332
-
36 741
-
pensions
3 053
-
1 470
-
municipal
9 428
-
3 910
-
national
14 610
-
6 058
-
total
27 091
-
11 438
-
Employer
76 332
-
36 741
-
pensions
6 107
-
2 939
-
social contributions
821
-
395
-
total
6 928
-
3 334
-
Corporate
-
42 500
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

-
8 500
-
-
total
-
8 500
-
-
Dividends
-
34 000
-
-
withholding
-
7 480
-
-
total
-
7 480
-
-
Income
42 500
42 500
42 500
42 500
Total tax
34 019
15 980
14 772
15 105
After tax
8 481
26 520
27 728
27 395
Living cost
49 240
49 240
49 240
49 240
Free-cash
-40 759
-22 720
-21 512
-21 845

Estimated living cost  is ₽49240 per week

₽33468
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽737
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10458
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽6465
₽4639
₽14251
₽13389
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
42 500
social contributions

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

-
-
-
2 988
income
-
-
-
-
surtax
-
-
-
-
microenterprise
-
-
-
6 375
total
-
-
-
9 363
Employee
27 737
-
34 250
-
social contributions

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

3 052
-
3 767
-
income
4 938
-
6 096
-
surtax
-
-
-
-
total
7 990
-
9 863
-
Employer
27 737
-
34 250
-
surtax
-
-
-
-
social contributions

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

6 681
-
8 250
-
total
6 681
-
8 250
-
Corporate
8 081
42 500
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

1 616
8 501
-
-
total
1 616
8 501
-
-
Dividends

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

6 465
33 999
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
16 287
8 501
18 113
9 363
After tax
26 213
33 999
24 387
33 137
Living cost
19 748
19 748
19 748
19 748
Free-cash
6 465
14 251
4 639
13 389

Estimated living cost  is ₽19748 per week

₽12599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1881
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4820
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽51762
-₽51762
-₽46434
-₽15348
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
3 908
pensions
-
-
-
7 650
total
-
-
-
18 083
Employee
81 062
81 062
81 062
-
pensions
14 591
11 122
14 591
-
health
12 442
10 583
12 442
-
income

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

13 269
13 269
13 269
-
total
40 302
34 974
40 302
-
Employer
81 062
81 062
81 062
-
pensions
5 642
5 642
5 642
-
health
5 635
5 635
5 635
-
unemployment
2 918
2 918
2 918
-
total
14 195
14 195
14 195
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
54 497
49 169
54 497
18 083
After tax
-11 997
-6 669
-11 997
24 417
Living cost
39 765
39 765
39 765
39 765
Free-cash
-51 762
-46 434
-51 762
-15 348

Estimated living cost  is ₽39765 per week

₽28181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽632
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7368
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽30279
-₽16170
-₽15660
-₽17679
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
85
health
-
-
-
2 652
municipal
-
-
-
9 002
pensions
-
-
-
4 594
other
-
-
-
4 939
unemployment
-
-
-
42
national
-
-
-
-
total
-
-
-
21 314
Employee
55 379
-
32 339
-
municipal
16 514
-
9 643
-
national
-
-
-
-
total
16 514
-
9 643
-
Employer
55 379
-
32 339
-
pensions
5 986
-
3 496
-
other
6 435
-
3 758
-
health
3 406
-
1 989
-
unemployment
1 462
-
854
-
accident
111
-
65
-
total
17 400
-
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
33 914
19 295
19 805
21 314
After tax
8 586
23 205
22 695
21 186
Living cost
38 865
38 865
38 865
38 865
Free-cash
-30 279
-15 660
-16 170
-17 679

Estimated living cost  is ₽38865 per week

₽25758
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3814
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.
₽8703
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5638
-₽4026
-₽15869
-₽4026
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
42 500
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 485
trade
-
-
-
-
income

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

-
-
-
2 607
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.

-
-
-
144
total
-
-
-
9 236
Employee

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

48 138
-
42 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 485
-
6 485
-
income

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

4 136
-
2 607
-
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.

227
-
144
-
total
10 848
-
9 236
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
42 500
-
-
income
-
6 375
-
-
chamber of commerce
-
205
-
-
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
-
6 991
-
-
total
-
13 922
-
-
Dividends
-
28 577
-
-
surtax

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

-
373
-
-
withholding
-
6 784
-
-
total
-
7 157
-
-
Income
42 500
42 500
42 500
42 500
Total tax
10 848
21 079
9 236
9 236
After tax
31 652
21 421
33 264
33 264
Living cost
37 290
37 290
37 290
37 290
Free-cash
-5 638
-15 869
-4 026
-4 026

Estimated living cost  is ₽37290 per week

₽24940
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3932
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.
₽7861
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽4565
-₽3853
-₽9754
₽3996
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
social contributions
-
-
-
6 631
health
-
-
-
1 084
income
-
-
-
-
total
-
-
-
7 715
Employee
72 992
72 992
72 992
-
health
726
1 241
656
-
social contributions
3 547
6 058
3 203
-
income
7 665
6 757
7 789
-
total
11 938
14 056
11 648
-
Employer
72 992
72 992
72 992
-
health
791
1 351
713
-
social contributions
3 547
6 058
3 203
-
total
4 338
7 409
3 916
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
16 276
21 465
15 564
7 715
After tax
26 224
21 035
26 936
34 785
Living cost
30 789
30 789
30 789
30 789
Free-cash
-4 565
-9 754
-3 853
3 996

Estimated living cost  is ₽30789 per week

₽21047
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6820
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽6931
₽7061
₽6566
₽11865
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
5 196
pensions
-
-
-
4 250
unemployment
-
-
-
637
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.

25 372
10 098
35 565
-
unemployment
381
151
533
-
pensions
2 537
1 010
3 556
-
health
1 776
707
2 490
-
income
3 102
1 234
4 348
-
total
7 796
3 102
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.

25 372
10 098
35 565
-
pensions
4 948
1 969
6 935
-
total
4 948
1 969
6 935
-
Corporate
12 180
30 433
-
-
income
1 096
2 739
-
-
total
1 096
2 739
-
-
Dividends
11 084
27 694
-
-
social contributions
2 046
5 285
-
-
withholding
2 106
5 262
-
-
total
4 152
10 547
-
-
Income
42 500
42 500
42 500
42 500
Total tax
17 992
18 357
17 862
13 058
After tax
24 508
24 143
24 638
29 442
Living cost
17 577
17 577
17 577
17 577
Free-cash
6 931
6 566
7 061
11 865

Estimated living cost  is ₽17577 per week

₽11995
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3793
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽5175
₽3209
₽11071
₽1731
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
health
-
-
-
5 525
income
-
-
-
3 815
pensions
-
-
-
8 501
total
-
-
-
17 841
Employee
26 929
-
31 766
-
unemployment
431
-
508
-
pensions
539
-
636
-
income
3 032
-
4 484
-
total
4 002
-
5 628
-
Employer
26 929
-
31 766
-
pensions
5 386
-
6 352
-
health
3 500
-
4 129
-
unemployment
216
-
254
-
total
9 102
-
10 735
-
Corporate
6 469
42 500
-
-
income
1 293
8 501
-
-
total
1 293
8 501
-
-
Dividends
5 176
33 999
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
14 397
8 501
16 363
17 841
After tax
28 103
33 999
26 137
24 659
Living cost
22 928
22 928
22 928
22 928
Free-cash
5 175
11 071
3 209
1 731

Estimated living cost  is ₽22928 per week

₽15726
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1365
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.
₽5375
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽199
₽1305
-₽17698
₽8311
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
243
health
-
-
-
2 096
income
-
-
-
6 356
pensions
-
-
-
3 998
other
-
-
-
356
total
-
-
-
13 049
Employee
33 254
-
35 305
-
pensions
3 745
-
3 975
-
health
3 808
-
4 043
-
income
4 562
-
4 843
-
total
12 115
-
12 861
-
Employer
33 254
-
35 305
-
pensions
5 407
-
5 740
-
unemployment
815
-
865
-
accident
555
-
589
-
total
6 777
-
7 194
-
Corporate
2 469
42 500
-
-
income

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

2 222
38 250
-
-
total
2 222
38 250
-
-
Dividends
247
4 250
-
-
withholding
47
808
-
-
total
47
808
-
-
Income
42 500
42 500
42 500
42 500
Total tax
21 161
39 058
20 055
13 049
After tax
21 339
3 442
22 445
29 451
Living cost
21 140
21 140
21 140
21 140
Free-cash
199
-17 698
1 305
8 311

Estimated living cost  is ₽21140 per week

₽15494
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1171
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4034
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽31079
₽26172
₽32547
₽34247
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 785
-
42 500
-
income
1 957
-
8 500
-
total
1 957
-
8 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

32 715
42 500
-
-
total
-
-
-
-
Dividends
32 715
42 500
-
-
withholding
1 636
2 125
-
-
total
1 636
2 125
-
-
Income
42 500
42 500
42 500
42 500
Total tax
3 593
2 125
8 500
425
After tax
38 907
40 375
34 000
42 075
Living cost
7 828
7 828
7 828
7 828
Free-cash
31 079
32 547
26 172
34 247

Estimated living cost  is ₽7828 per week

₽4851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽651
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽215
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2111
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽654
-₽383
₽5929
-₽2283
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 870
income
-
-
-
5 399
pensions

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

-
-
-
10 201
other
-
-
-
2 019
total
-
-
-
19 489
Employee
34 466
-
33 947
-
unemployment
344
-
339
-
pensions

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

2 412
-
2 376
-
health
483
-
476
-
income
5 934
-
5 844
-
total
9 173
-
9 035
-
Employer
34 466
-
33 947
-
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.

5 860
-
5 770
-
other
1 724
-
1 697
-
health
483
-
476
-
unemployment
344
-
339
-
accident
276
-
272
-
total
8 687
-
8 554
-
Corporate
-
42 500
-
-
income
-
8 926
-
-
total
-
8 926
-
-
Dividends
-
33 574
-
-
withholding
-
2 351
-
-
total
-
2 351
-
-
Income
42 500
42 500
42 500
42 500
Total tax
17 860
11 277
17 589
19 489
After tax
24 640
31 223
24 911
23 011
Living cost
25 294
25 294
25 294
25 294
Free-cash
-654
5 929
-383
-2 283

Estimated living cost  is ₽25294 per week

₽17871
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5307
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽57435
-₽33885
-₽30277
-₽29939
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
income
-
-
-
8 045
pensions
-
-
-
2 275
total
-
-
-
10 320
Employee
87 890
-
38 247
-
pensions
8 479
-
2 522
-
health
1 448
-
432
-
income
15 843
-
7 059
-
total
25 770
-
10 013
-
Employer
87 890
-
38 247
-
pensions
10 377
-
3 527
-
health
1 669
-
726
-
total
12 046
-
4 253
-
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.

-
8 076
-
-
total
-
8 076
-
-
Dividends
-
34 424
-
-
withholding
-
2 582
-
-
total
-
2 582
-
-
Income
42 500
42 500
42 500
42 500
Total tax
37 816
10 658
14 266
10 320
After tax
4 684
31 842
28 234
32 180
Living cost
62 119
62 119
62 119
62 119
Free-cash
-57 435
-30 277
-33 885
-29 939

Estimated living cost  is ₽62119 per week

₽46547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7299
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7769
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽19484
₽15149
₽23892
₽14827
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 813
income
-
-
-
6 375
pensions

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

-
-
-
4 907
unemployment
-
-
-
133
total
-
-
-
15 228
Employee
16 479
-
35 995
-
accident

We are using the highest rate at 1.1%.

181
-
365
-
pensions

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

1 447
-
2 911
-
health
758
-
1 525
-
income
1 648
-
3 599
-
total
4 034
-
8 400
-
Employer
16 479
-
35 995
-
pensions

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

1 816
-
3 654
-
health
1 137
-
2 288
-
unemployment
99
-
199
-
accident

We are using the highest rate at 1.1%.

181
-
365
-
total
3 233
-
6 506
-
Corporate
22 787
42 500
-
-
income
2 279
4 250
-
-
total
2 279
4 250
-
-
Dividends
20 509
38 250
-
-
withholding
1 025
1 913
-
-
total
1 025
1 913
-
-
Income
42 500
42 500
42 500
42 500
Total tax
10 571
6 163
14 906
15 228
After tax
31 929
36 337
27 594
27 272
Living cost
12 445
12 445
12 445
12 445
Free-cash
19 484
23 892
15 149
14 827

Estimated living cost  is ₽12445 per week

₽7266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽889
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽330
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3961
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽60917
-₽64634
-₽59306
-₽28220
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
3 908
pensions
-
-
-
7 650
total
-
-
-
18 083
Employee
88 007
81 062
81 062
-
pensions
11 122
11 122
14 591
-
health
10 979
10 583
12 442
-
income

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

13 269
13 269
13 269
-
total
35 370
34 974
40 302
-
Employer
88 007
81 062
81 062
-
pensions
6 125
5 642
5 642
-
health
6 116
5 635
5 635
-
unemployment
3 169
2 918
2 918
-
total
15 410
14 195
14 195
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
50 780
49 169
54 497
18 083
After tax
-8 280
-6 669
-11 997
24 417
Living cost
52 637
52 637
52 637
52 637
Free-cash
-60 917
-59 306
-64 634
-28 220

Estimated living cost  is ₽52637 per week

₽38829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4702
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽603
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8504
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽3966
-₽2013
₽5681
-₽2880
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
social contributions
-
-
-
12 410
health
-
-
-
5 737
income
-
-
-
3 653
solidarity contribution
-
-
-
-
total
-
-
-
21 800
Employee
34 676
-
31 716
-
solidarity contribution
-
-
-
-
health
4 681
-
4 282
-
social contributions
2 254
-
2 062
-
income
4 161
-
3 806
-
total
11 096
-
10 150
-
Employer
34 676
-
31 716
-
health
3 121
-
2 854
-
social contributions
8 669
-
7 929
-
total
11 790
-
10 783
-
Corporate
-
42 500
-
-
income
-
8 075
-
-
total
-
8 075
-
-
Dividends
-
34 425
-
-
withholding
-
5 164
-
-
total
-
5 164
-
-
Income
42 500
42 500
42 500
42 500
Total tax
22 886
13 239
20 933
21 800
After tax
19 614
29 261
21 567
20 700
Living cost
23 580
23 580
23 580
23 580
Free-cash
-3 966
5 681
-2 013
-2 880

Estimated living cost  is ₽23580 per week

₽16379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽41863
-₽18987
-₽17378
-₽16585
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 931
municipal
-
-
-
252
regional
-
-
-
404
national
-
-
-
7 443
total
-
-
-
19 030
Employee
84 363
-
42 500
-
regional
796
-
350
-
municipal
447
-
225
-
national
14 618
-
6 525
-
social contributions
28 447
-
14 332
-
total
44 308
-
21 432
-
Employer
84 363
-
42 500
-
total
-
-
-
-
Corporate
-
42 500
-
-
municipal
-
1 657
-
-
nationa
-
10 199
-
-
total
-
11 856
-
-
Dividends
-
30 643
-
-
withholding
-
7 967
-
-
total
-
7 967
-
-
Income
42 500
42 500
42 500
42 500
Total tax
44 308
19 823
21 432
19 030
After tax
-1 808
22 677
21 068
23 470
Living cost
40 055
40 055
40 055
40 055
Free-cash
-41 863
-17 378
-18 987
-16 585

Estimated living cost  is ₽40055 per week

₽27921
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2626
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽2831
₽2425
₽5785
₽3464
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 017
income
-
-
-
6 153
surtax
-
-
-
202
pensions
-
-
-
8 501
other
-
-
-
-
unemployment
-
-
-
216
total
-
-
-
18 089
Employee
31 391
-
35 109
-
unemployment
2 185
-
2 444
-
pensions
2 093
-
2 342
-
health
802
-
895
-
income
5 262
-
5 885
-
other
-
-
-
-
surtax
103
-
171
-
total
10 445
-
11 737
-
Employer
31 391
-
35 109
-
pensions
4 185
-
4 680
-
other
-
-
-
-
health
1 428
-
1 598
-
unemployment
994
-
1 113
-
total
6 607
-
7 391
-
Corporate
4 502
42 500
-
-
income
1 171
11 050
-
-
total
1 171
11 050
-
-
Dividends
3 331
31 450
-
-
withholding
499
4 718
-
-
total
499
4 718
-
-
Income
42 500
42 500
42 500
42 500
Total tax
18 722
15 768
19 128
18 089
After tax
23 778
26 732
23 372
24 411
Living cost
20 947
20 947
20 947
20 947
Free-cash
2 831
5 785
2 425
3 464

Estimated living cost  is ₽20947 per week

₽12808
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5723
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽23895
-₽14204
-₽10596
-₽10258
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
income
-
-
-
8 045
pensions
-
-
-
2 275
total
-
-
-
10 320
Employee
58 901
-
38 247
-
pensions
4 999
-
2 522
-
health
855
-
432
-
income
10 608
-
7 059
-
total
16 462
-
10 013
-
Employer
58 901
-
38 247
-
pensions
6 376
-
3 527
-
health
1 119
-
726
-
total
7 495
-
4 253
-
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.

-
8 076
-
-
total
-
8 076
-
-
Dividends
-
34 424
-
-
withholding
-
2 582
-
-
total
-
2 582
-
-
Income
42 500
42 500
42 500
42 500
Total tax
23 957
10 658
14 266
10 320
After tax
18 543
31 842
28 234
32 180
Living cost
42 438
42 438
42 438
42 438
Free-cash
-23 895
-10 596
-14 204
-10 258

Estimated living cost  is ₽42438 per week

₽31795
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7018
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽53979
-₽41737
-₽55840
-₽39010
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
246
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.

-
-
-
851
regional
-
-
-
710
city
-
-
-
447
national
-
-
-
73
total
-
-
-
6 238
Employee
88 087
-
37 725
-
unemployment
-
-
-
-
pensions
7 401
-
3 520
-
regional
2 884
-
557
-
national
417
-
44
-
health
199
-
85
-
city
945
-
400
-
total
11 846
-
4 606
-
Employer
88 087
-
37 725
-
pensions
7 401
-
3 520
-
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.

1 761
-
754
-
health
199
-
85
-
unemployment
-
-
-
-
total
9 361
-
4 359
-
Corporate
-
42 500
-
-
regional
-
8 990
-
-
national
-
3 613
-
-
total
-
12 603
-
-
Dividends
-
29 897
-
-
withholding
-
10 465
-
-
total
-
10 465
-
-
Income
42 500
42 500
42 500
42 500
Total tax
21 207
23 068
8 965
6 238
After tax
21 293
19 432
33 535
36 262
Living cost
75 272
75 272
75 272
75 272
Free-cash
-53 979
-55 840
-41 737
-39 010

Estimated living cost  is ₽75272 per week

₽48948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽924
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18644
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽14547
-₽10221
-₽22282
-₽10221
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
42 500
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 485
trade
-
-
-
-
income

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

-
-
-
2 607
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.

-
-
-
144
total
-
-
-
9 236
Employee

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

57 048
-
42 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 485
-
6 485
-
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.

6 708
-
2 607
-
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.

369
-
144
-
total
13 562
-
9 236
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
42 500
-
-
income
-
6 375
-
-
chamber of commerce
-
204
-
-
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
-
7 288
-
-
total
-
14 218
-
-
Dividends
-
28 282
-
-
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.

-
369
-
-
withholding
-
6 710
-
-
total
-
7 079
-
-
Income
42 500
42 500
42 500
42 500
Total tax
13 562
21 297
9 236
9 236
After tax
28 938
21 203
33 264
33 264
Living cost
43 485
43 485
43 485
43 485
Free-cash
-14 547
-22 282
-10 221
-10 221

Estimated living cost  is ₽43485 per week

₽31760
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3478
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7683
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽10812
-₽6076
-₽11057
-₽6739
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 211
health
-
-
-
369
income
-
-
-
1 302
surtax
-
-
-
-
pensions
-
-
-
12 563
other
-
-
-
1 317
total
-
-
-
16 762
Employee
40 626
-
32 385
-
pensions
4 593
-
3 662
-
social contributions
1 158
-
922
-
income
2 398
-
1 401
-
surtax
-
-
-
-
total
8 149
-
5 985
-
Employer
40 626
-
32 385
-
pensions
6 674
-
5 323
-
other
1 401
-
1 117
-
health
2 844
-
2 266
-
unemployment
1 645
-
1 311
-
social contributions
122
-
97
-
total
12 686
-
10 114
-
Corporate
-
42 500
-
-
income
-
11 900
-
-
surtax
-
-
-
-
total
-
11 900
-
-
Dividends
-
30 600
-
-
surtax
-
-
-
-
social contributions
-
5 264
-
-
withholding
-
3 916
-
-
total
-
9 180
-
-
Income
42 500
42 500
42 500
42 500
Total tax
20 835
21 080
16 099
16 762
After tax
21 665
21 420
26 401
25 738
Living cost
32 477
32 477
32 477
32 477
Free-cash
-10 812
-11 057
-6 076
-6 739

Estimated living cost  is ₽32477 per week

₽20478
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8807
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5090
-₽2858
-₽7839
-₽3521
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 211
health
-
-
-
369
income
-
-
-
1 302
surtax
-
-
-
-
pensions
-
-
-
12 563
other
-
-
-
1 317
total
-
-
-
16 762
Employee
36 265
-
32 385
-
pensions
4 102
-
3 662
-
social contributions
1 034
-
922
-
income
1 870
-
1 401
-
surtax
-
-
-
-
total
7 006
-
5 985
-
Employer
36 265
-
32 385
-
pensions
5 959
-
5 323
-
other
1 252
-
1 117
-
health
2 538
-
2 266
-
unemployment
1 468
-
1 311
-
social contributions
108
-
97
-
total
11 325
-
10 114
-
Corporate
-
42 500
-
-
income
-
11 900
-
-
surtax
-
-
-
-
total
-
11 900
-
-
Dividends
-
30 600
-
-
surtax
-
-
-
-
social contributions
-
5 264
-
-
withholding
-
3 916
-
-
total
-
9 180
-
-
Income
42 500
42 500
42 500
42 500
Total tax
18 331
21 080
16 099
16 762
After tax
24 169
21 420
26 401
25 738
Living cost
29 259
29 259
29 259
29 259
Free-cash
-5 090
-7 839
-2 858
-3 521

Estimated living cost  is ₽29259 per week

₽16969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2972
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽5838
₽5800
₽5801
₽7165
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
social contributions
-
-
-
5 865
health
-
-
-
2 967
income
-
-
-
6 375
total
-
-
-
15 207
Employee
32 185
-
42 500
-
health
2 246
-
2 967
-
social contributions
4 442
-
5 865
-
income
5 368
-
7 740
-
total
12 056
-
16 572
-
Employer
32 185
-
42 500
-
total
-
-
-
-
Corporate
10 315
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%.

515
2 126
-
-
total
515
2 126
-
-
Dividends
9 800
40 374
-
-
health
838
2 817
-
-
social contributions
1 655
5 572
-
-
withholding
1 470
6 056
-
-
total
3 963
14 445
-
-
Income
42 500
42 500
42 500
42 500
Total tax
16 534
16 571
16 572
15 207
After tax
25 966
25 929
25 928
27 293
Living cost
20 128
20 128
20 128
20 128
Free-cash
5 838
5 801
5 800
7 165

Estimated living cost  is ₽20128 per week

₽13471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4952
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽19679
-₽17054
-₽12564
-₽9677
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
health
-
-
-
3 251
surtax
-
-
-
187
income
-
-
-
1 437
chamber of commerce
-
-
-
169
pensions
-
-
-
7 863
unemployment
-
-
-
5 822
total
-
-
-
18 729
Employee
47 439
37 829
37 829
-
unemployment
1 423
1 135
976
-
pensions
4 858
3 873
3 334
-
health
1 836
1 465
1 259
-
income
5 401
2 790
3 030
-
other
474
378
326
-
total
13 992
9 641
8 925
-
Employer
47 439
37 829
37 829
-
chamber of commerce
189
151
151
-
pensions
5 954
4 748
4 086
-
other
2 254
1 796
1 753
-
health
1 792
1 430
1 230
-
unemployment
1 423
1 135
976
-
accident
616
492
423
-
surtax
187
187
187
-
payroll
1 423
1 135
1 135
-
total
13 838
11 074
9 941
-
Corporate
3 603
3 603
28 955
-
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.

901
901
7 240
-
total
901
901
7 240
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
28 731
21 616
26 106
18 729
After tax
13 769
20 884
16 394
23 771
Living cost
33 448
33 448
33 448
33 448
Free-cash
-19 679
-12 564
-17 054
-9 677

Estimated living cost  is ₽33448 per week

₽22308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2853
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽45166
-₽15578
-₽10584
-₽10133
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
social contributions
-
-
-
3 799
communal

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

-
-
-
2 322
national
-
-
-
11 901
total
-
-
-
18 022
Employee

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

67 900
-
32 918
-
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.

591
-
286
-
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.

5 092
-
2 470
-
national
20 875
-
7 866
-
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.

3 190
-
1 547
-
communal

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

3 541
-
1 717
-
total
33 289
-
13 886
-
Employer

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

67 900
-
32 918
-
pensions

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

6 017
-
2 916
-
health

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

4 176
-
2 023
-
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.

991
-
481
-
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.

883
-
429
-
surtax
7 699
-
3 732
-
total
19 766
-
9 581
-
Corporate
-
42 500
-
-
income
-
8 501
-
-
surtax
-
169
-
-
total
-
8 670
-
-
Dividends
-
33 830
-
-
withholding

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

-
9 803
-
-
total
-
9 803
-
-
Income
42 500
42 500
42 500
42 500
Total tax
53 055
18 473
23 467
18 022
After tax
-10 555
24 027
19 033
24 478
Living cost
34 611
34 611
34 611
34 611
Free-cash
-45 166
-10 584
-15 578
-10 133

Estimated living cost  is ₽34611 per week

₽22294
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3026
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8749
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽19812
-₽10223
-₽5525
-₽10550
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
accident
-
-
-
382
income
-
-
-
6 019
pensions
-
-
-
12 028
other
-
-
-
43
unemployment
-
-
-
297
total
-
-
-
18 769
Employee
47 251
-
32 227
-
unemployment
733
-
499
-
pensions
2 221
-
1 515
-
income
9 970
-
6 122
-
other
47
-
32
-
total
12 971
-
8 168
-
Employer
47 251
-
32 227
-
pensions
11 150
-
7 605
-
other
376
-
258
-
unemployment
2 599
-
1 773
-
accident
935
-
638
-
total
15 060
-
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
-
7 369
-
-
total
-
7 369
-
-
Income
42 500
42 500
42 500
42 500
Total tax
28 031
13 744
18 442
18 769
After tax
14 469
28 756
24 058
23 731
Living cost
34 281
34 281
34 281
34 281
Free-cash
-19 812
-5 525
-10 223
-10 550

Estimated living cost  is ₽34281 per week

₽25244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2432
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽37973
-₽23339
-₽24846
-₽23337
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
407
health
-
-
-
3 387
income
-
-
-
1 027
surtax
-
-
-
2 203
pensions
-
-
-
7 227
communal
-
-
-
-
total
-
-
-
14 251
Employee
71 886
-
37 101
-
pensions
5 750
-
3 614
-
health
3 199
-
2 010
-
income
6 943
-
1 027
-
surtax
4 406
-
2 203
-
total
20 298
-
8 854
-
Employer
71 886
-
37 101
-
pensions
5 750
-
3 614
-
health
2 192
-
1 378
-
accident
647
-
407
-
total
8 589
-
5 399
-
Corporate
-
42 500
-
-
income
-
6 375
-
-
communal
-
2 870
-
-
surtax
-
447
-
-
total
-
9 692
-
-
Dividends
-
32 809
-
-
income
-
1 147
-
-
withholding
-
4 921
-
-
total
-
6 068
-
-
Income
42 500
42 500
42 500
42 500
Total tax
28 887
15 760
14 253
14 251
After tax
13 613
26 740
28 247
28 249
Living cost
51 586
51 586
51 586
51 586
Free-cash
-37 973
-24 846
-23 339
-23 337

Estimated living cost  is ₽51586 per week

₽38697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3125
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽2392
₽2051
₽5411
₽3090
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 017
income
-
-
-
6 153
surtax
-
-
-
202
pensions
-
-
-
8 501
other
-
-
-
-
unemployment
-
-
-
216
total
-
-
-
18 089
Employee
31 967
-
35 109
-
unemployment
2 225
-
2 444
-
pensions
2 133
-
2 342
-
health
816
-
895
-
income
5 359
-
5 885
-
other
-
-
-
-
surtax
113
-
171
-
total
10 646
-
11 737
-
Employer
31 967
-
35 109
-
pensions
4 262
-
4 680
-
other
-
-
-
-
health
1 454
-
1 598
-
unemployment
1 014
-
1 113
-
total
6 730
-
7 391
-
Corporate
3 803
42 500
-
-
income
989
11 050
-
-
total
989
11 050
-
-
Dividends
2 814
31 450
-
-
withholding
422
4 718
-
-
total
422
4 718
-
-
Income
42 500
42 500
42 500
42 500
Total tax
18 787
15 768
19 128
18 089
After tax
23 713
26 732
23 372
24 411
Living cost
21 321
21 321
21 321
21 321
Free-cash
2 392
5 411
2 051
3 090

Estimated living cost  is ₽21321 per week

₽12873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1854
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽10157
-₽4725
-₽3232
-₽2337
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 931
municipal
-
-
-
252
regional
-
-
-
640
national
-
-
-
7 443
total
-
-
-
19 266
Employee
52 656
-
42 500
-
regional
709
-
572
-
municipal
279
-
225
-
national
8 342
-
6 525
-
social contributions
17 756
-
14 332
-
total
27 086
-
21 654
-
Employer
52 656
-
42 500
-
total
-
-
-
-
Corporate
-
42 500
-
-
municipal
-
2 113
-
-
nationa
-
10 199
-
-
total
-
12 312
-
-
Dividends
-
30 188
-
-
withholding
-
7 849
-
-
total
-
7 849
-
-
Income
42 500
42 500
42 500
42 500
Total tax
27 086
20 161
21 654
19 266
After tax
15 414
22 339
20 846
23 234
Living cost
25 571
25 571
25 571
25 571
Free-cash
-10 157
-3 232
-4 725
-2 337

Estimated living cost  is ₽25571 per week

₽15903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2590
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6640
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽14760
-₽7490
₽204
-₽8357
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
social contributions
-
-
-
12 410
health
-
-
-
5 737
income
-
-
-
3 653
solidarity contribution
-
-
-
-
total
-
-
-
21 800
Employee
42 730
-
31 716
-
solidarity contribution
-
-
-
-
health
5 769
-
4 282
-
social contributions
2 777
-
2 062
-
income
5 128
-
3 806
-
total
13 674
-
10 150
-
Employer
42 730
-
31 716
-
health
3 846
-
2 854
-
social contributions
10 683
-
7 929
-
total
14 529
-
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
28 203
13 239
20 933
21 800
After tax
14 297
29 261
21 567
20 700
Living cost
29 057
29 057
29 057
29 057
Free-cash
-14 760
204
-7 490
-8 357

Estimated living cost  is ₽29057 per week

₽21608
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1610
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5336
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽11837
-₽13799
-₽9213
-₽6326
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
health
-
-
-
3 251
surtax
-
-
-
-
income
-
-
-
1 437
chamber of commerce
-
-
-
169
pensions
-
-
-
7 863
unemployment
-
-
-
5 822
total
-
-
-
18 542
Employee
41 494
37 829
37 829
-
unemployment
1 245
1 135
982
-
pensions
4 249
3 873
3 351
-
health
1 605
1 465
1 266
-
income
3 696
2 790
3 023
-
other
414
378
328
-
total
11 209
9 641
8 950
-
Employer
41 494
37 829
37 829
-
chamber of commerce
166
151
151
-
pensions
5 208
4 748
4 105
-
other
1 971
1 796
1 753
-
health
1 569
1 430
1 236
-
unemployment
1 245
1 135
982
-
accident
539
492
425
-
surtax
-
-
-
-
payroll
1 245
1 135
1 135
-
total
11 943
10 887
9 787
-
Corporate
3 603
3 603
29 110
-
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.

901
901
7 278
-
total
901
901
7 278
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
24 053
21 429
26 015
18 542
After tax
18 447
21 071
16 485
23 958
Living cost
30 284
30 284
30 284
30 284
Free-cash
-11 837
-9 213
-13 799
-6 326

Estimated living cost  is ₽30284 per week

₽18167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3093
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8484
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽25889
₽21801
₽28176
₽29876
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
42 500
microenterprise

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

-
-
-
425
total
-
-
-
425
Employee
15 249
-
42 500
-
income
3 050
-
8 500
-
total
3 050
-
8 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

27 251
42 500
-
-
total
-
-
-
-
Dividends
27 251
42 500
-
-
withholding
1 362
2 125
-
-
total
1 362
2 125
-
-
Income
42 500
42 500
42 500
42 500
Total tax
4 412
2 125
8 500
425
After tax
38 088
40 375
34 000
42 075
Living cost
12 199
12 199
12 199
12 199
Free-cash
25 889
28 176
21 801
29 876

Estimated living cost  is ₽12199 per week

₽8255
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽512
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.
₽3022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽6012
-₽2957
₽3798
-₽1611
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 181
income
-
-
-
6 644
pensions
-
-
-
7 762
unemployment
-
-
-
63
total
-
-
-
18 650
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.

41 976
-
36 775
-
unemployment
59
-
52
-
pensions
6 507
-
5 700
-
health
2 711
-
2 374
-
income
7 239
-
6 145
-
total
16 516
-
14 271
-
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.

41 976
-
36 775
-
pensions
3 714
-
3 255
-
health
2 796
-
2 448
-
unemployment
25
-
22
-
total
6 535
-
5 725
-
Corporate
-
42 500
-
-
income
-
8 076
-
-
total
-
8 076
-
-
Dividends
-
34 424
-
-
withholding
-
5 165
-
-
total
-
5 165
-
-
Income
42 500
42 500
42 500
42 500
Total tax
23 051
13 241
19 996
18 650
After tax
19 449
29 259
22 504
23 850
Living cost
25 461
25 461
25 461
25 461
Free-cash
-6 012
3 798
-2 957
-1 611

Estimated living cost  is ₽25461 per week

₽17473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1632
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽99380
-₽11076
-₽15201
-₽11687
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
social contributions
-
-
-
4 845
income
-
-
-
8 284
total
-
-
-
13 129
Employee
58 871
-
-
-
social contributions
4 827
-
688
-
income
12 986
-
-
-
total
17 813
-
688
-
Employer
58 871
-
-
-
social contributions
83 009
-
11 830
-
total
83 009
-
11 830
-
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
100 822
16 643
12 518
13 129
After tax
-58 322
25 857
29 982
29 371
Living cost
41 058
41 058
41 058
41 058
Free-cash
-99 380
-15 201
-11 076
-11 687

Estimated living cost  is ₽41058 per week

₽26640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10033
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽11527
-₽5774
-₽5602
-₽4892
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
42 500
social contributions

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

-
-
-
14 769
income
-
-
-
2 848
surtax
-
-
-
-
total
-
-
-
17 617
Employee
43 658
-
34 343
-
social contributions
4 802
-
3 777
-
income
9 081
-
6 565
-
surtax
-
-
-
-
total
13 883
-
10 342
-
Employer
43 658
-
34 343
-
social contributions
10 369
-
8 157
-
total
10 369
-
8 157
-
Corporate
-
42 500
-
-
income
-
8 926
-
-
surtax
-
-
-
-
total
-
8 926
-
-
Dividends
-
33 574
-
-
withholding
-
9 401
-
-
total
-
9 401
-
-
Income
42 500
42 500
42 500
42 500
Total tax
24 252
18 327
18 499
17 617
After tax
18 248
24 173
24 001
24 883
Living cost
29 775
29 775
29 775
29 775
Free-cash
-11 527
-5 602
-5 774
-4 892

Estimated living cost  is ₽29775 per week

₽22278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5244
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽35520
-₽19446
-₽24427
-₽20109
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 211
health
-
-
-
369
income
-
-
-
1 302
surtax
-
-
-
-
pensions
-
-
-
12 563
other
-
-
-
1 317
total
-
-
-
16 762
Employee
59 453
-
32 385
-
pensions
6 725
-
3 662
-
social contributions
1 693
-
922
-
income
5 187
-
1 401
-
surtax
-
-
-
-
total
13 605
-
5 985
-
Employer
59 453
-
32 385
-
pensions
9 769
-
5 323
-
other
2 052
-
1 117
-
health
4 161
-
2 266
-
unemployment
2 408
-
1 311
-
social contributions
178
-
97
-
total
18 568
-
10 114
-
Corporate
-
42 500
-
-
income
-
11 900
-
-
surtax
-
-
-
-
total
-
11 900
-
-
Dividends
-
30 600
-
-
surtax
-
-
-
-
social contributions
-
5 264
-
-
withholding
-
3 916
-
-
total
-
9 180
-
-
Income
42 500
42 500
42 500
42 500
Total tax
32 173
21 080
16 099
16 762
After tax
10 327
21 420
26 401
25 738
Living cost
45 847
45 847
45 847
45 847
Free-cash
-35 520
-24 427
-19 446
-20 109

Estimated living cost  is ₽45847 per week

₽31029
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3750
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10439
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽6527
₽5871
₽9717
₽4617
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
social contributions
-
-
-
9 349
income
-
-
-
-
total
-
-
-
9 349
Employee
30 517
-
36 797
-
social contributions
1 983
-
2 392
-
income
-
-
-
-
total
1 983
-
2 392
-
Employer
30 517
-
36 797
-
social contributions
4 730
-
5 703
-
total
4 730
-
5 703
-
Corporate
7 252
42 500
-
-
income
726
4 249
-
-
total
726
4 249
-
-
Dividends
6 526
38 251
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
7 439
4 249
8 095
9 349
After tax
35 061
38 251
34 405
33 151
Living cost
28 534
28 534
28 534
28 534
Free-cash
6 527
9 717
5 871
4 617

Estimated living cost  is ₽28534 per week

₽18450
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7396
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽164143
-₽164143
-₽164143
-₽17318
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
6 276
pensions
-
-
-
822
labour market
-
-
-
3 334
national
-
-
-
3 709
total
-
-
-
14 141
Employee
192 792
192 792
192 792
-
pensions
274
274
274
-
municipal
41 054
41 054
41 054
-
national
23 553
23 553
23 553
-
labour market
15 401
15 401
15 401
-
total
80 282
80 282
80 282
-
Employer
192 792
192 792
192 792
-
municipal
41 119
41 119
41 119
-
pensions
548
548
548
-
national
23 594
23 594
23 594
-
labour market
15 423
15 423
15 423
-
total
80 684
80 684
80 684
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
160 966
160 966
160 966
14 141
After tax
-118 466
-118 466
-118 466
28 359
Living cost
45 677
45 677
45 677
45 677
Free-cash
-164 143
-164 143
-164 143
-17 318

Estimated living cost  is ₽45677 per week

₽31262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4041
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽702
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9672
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽248
₽1617
-₽17386
₽8623
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
243
health
-
-
-
2 096
income
-
-
-
6 356
pensions
-
-
-
3 998
other
-
-
-
356
total
-
-
-
13 049
Employee
32 764
-
35 305
-
pensions
3 689
-
3 975
-
health
3 752
-
4 043
-
income
4 495
-
4 843
-
total
11 936
-
12 861
-
Employer
32 764
-
35 305
-
pensions
5 327
-
5 740
-
unemployment
803
-
865
-
accident
547
-
589
-
total
6 677
-
7 194
-
Corporate
3 059
42 500
-
-
income

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

2 753
38 250
-
-
total
2 753
38 250
-
-
Dividends
306
4 250
-
-
withholding
58
808
-
-
total
58
808
-
-
Income
42 500
42 500
42 500
42 500
Total tax
21 424
39 058
20 055
13 049
After tax
21 076
3 442
22 445
29 451
Living cost
20 828
20 828
20 828
20 828
Free-cash
248
-17 386
1 617
8 623

Estimated living cost  is ₽20828 per week

₽15161
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1187
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4089
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽16864
-₽9728
-₽7035
-₽2438
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
42 500
health
-
-
-
258
municipal
-
-
-
7 604
national
-
-
-
632
total
-
-
-
8 494
Employee
49 942
-
35 752
-
unemployment
749
-
537
-
pensions
3 370
-
2 414
-
municipal
8 180
-
5 876
-
national
825
-
56
-
health
373
-
155
-
total
13 497
-
9 038
-
Employer
49 942
-
35 752
-
pensions
8 665
-
6 202
-
health
384
-
276
-
unemployment
324
-
232
-
accident
50
-
36
-
total
9 423
-
6 746
-
Corporate
-
42 500
-
-
income
-
8 501
-
-
total
-
8 501
-
-
Dividends

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

-
25 499
-
-
national
-
-
-
-
municipal
-
4 590
-
-
total
-
4 590
-
-
Income
42 500
42 500
42 500
42 500
Total tax
22 920
13 091
15 784
8 494
After tax
19 580
29 409
26 716
34 006
Living cost
36 444
36 444
36 444
36 444
Free-cash
-16 864
-7 035
-9 728
-2 438

Estimated living cost  is ₽36444 per week

₽23805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3505
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8555
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽4265
₽4958
-₽943
₽12807
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
social contributions
-
-
-
6 631
health
-
-
-
1 084
income
-
-
-
-
total
-
-
-
7 715
Employee
72 992
72 992
72 992
-
health
566
1 241
656
-
social contributions
2 760
6 058
3 203
-
income
7 948
6 757
7 789
-
total
11 274
14 056
11 648
-
Employer
72 992
72 992
72 992
-
health
614
1 351
713
-
social contributions
2 760
6 058
3 203
-
total
3 374
7 409
3 916
-
Corporate
5 875
-
-
-
income
735
-
-
-
total
735
-
-
-
Dividends
5 140
-
-
-
withholding
874
-
-
-
total
874
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
16 257
21 465
15 564
7 715
After tax
26 243
21 035
26 936
34 785
Living cost
21 978
21 978
21 978
21 978
Free-cash
4 265
-943
4 958
12 807

Estimated living cost  is ₽21978 per week

₽13172
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6164
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽15292
₽11326
₽20125
₽14634
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 435
income
-
-
-
3 295
pensions
-
-
-
6 038
unemployment
-
-
-
27
total
-
-
-
12 795
Employee

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

21 788
-
38 532
-
unemployment
108
-
193
-
pensions
3 268
-
5 781
-
health
1 852
-
3 275
-
income
1 490
-
2 886
-
total
6 718
-
12 135
-
Employer

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

21 788
-
38 532
-
pensions
1 198
-
2 118
-
health
937
-
1 657
-
unemployment
108
-
193
-
total
2 243
-
3 968
-
Corporate
18 469
42 500
-
-
income
1 663
3 824
-
-
total
1 663
3 824
-
-
Dividends
16 806
38 676
-
-
withholding
1 513
3 480
-
-
total
1 513
3 480
-
-
Income
42 500
42 500
42 500
42 500
Total tax
12 137
7 304
16 103
12 795
After tax
30 363
35 196
26 397
29 705
Living cost
15 071
15 071
15 071
15 071
Free-cash
15 292
20 125
11 326
14 634

Estimated living cost  is ₽15071 per week

₽9616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1086
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽3788
-₽2045
₽2653
-₽2372
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
accident
-
-
-
382
income
-
-
-
6 019
pensions
-
-
-
12 028
other
-
-
-
43
unemployment
-
-
-
297
total
-
-
-
18 769
Employee
35 099
-
32 227
-
unemployment
544
-
499
-
pensions
1 650
-
1 515
-
income
6 767
-
6 122
-
other
34
-
32
-
total
8 995
-
8 168
-
Employer
35 099
-
32 227
-
pensions
8 283
-
7 605
-
other
281
-
258
-
unemployment
1 931
-
1 773
-
accident
695
-
638
-
total
11 190
-
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
-
7 369
-
-
total
-
7 369
-
-
Income
42 500
42 500
42 500
42 500
Total tax
20 185
13 744
18 442
18 769
After tax
22 315
28 756
24 058
23 731
Living cost
26 103
26 103
26 103
26 103
Free-cash
-3 788
2 653
-2 045
-2 372

Estimated living cost  is ₽26103 per week

₽17619
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2509
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽24358
₽24544
₽24663
₽24677
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
982
income
-
-
-
13 629
pensions
-
-
-
1 355
total
-
-
-
15 966
Employee
2 829
-
40 976
-
unemployment
28
-
68
-
pensions
255
-
610
-
health
141
-
339
-
income
547
-
13 558
-
total
971
-
14 575
-
Employer
2 829
-
40 976
-
pensions
311
-
745
-
health
269
-
644
-
unemployment
57
-
135
-
total
637
-
1 524
-
Corporate
39 035
42 500
-
-
income
8 588
9 350
-
-
total
8 588
9 350
-
-
Dividends
30 447
33 150
-
-
withholding
6 089
6 630
-
-
total
6 089
6 630
-
-
Income
42 500
42 500
42 500
42 500
Total tax
16 285
15 980
16 099
15 966
After tax
26 215
26 520
26 401
26 534
Living cost
1 857
1 857
1 857
1 857
Free-cash
24 358
24 663
24 544
24 677

Estimated living cost  is ₽1857 per week

₽1104
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽9628
₽6791
₽14296
₽4962
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 377
income
-
-
-
5 064
pensions
-
-
-
11 050
unemployment
-
-
-
637
total
-
-
-
21 128
Employee

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

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

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

24 745
-
36 047
-
unemployment
186
-
270
-
pensions
3 464
-
5 047
-
health
1 274
-
1 856
-
income
3 411
-
5 674
-
total
8 335
-
12 847
-
Employer

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

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

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

24 745
-
36 047
-
pensions
2 969
-
4 326
-
health
1 274
-
1 856
-
unemployment
186
-
270
-
total
4 429
-
6 452
-
Corporate
13 325
42 500
-
-
income
1 999
6 375
-
-
total
1 999
6 375
-
-
Dividends
11 327
36 125
-
-
withholding
1 699
5 419
-
-
total
1 699
5 419
-
-
Income
42 500
42 500
42 500
42 500
Total tax
16 462
11 794
19 299
21 128
After tax
26 038
30 706
23 201
21 372
Living cost
16 410
16 410
16 410
16 410
Free-cash
9 628
14 296
6 791
4 962

Estimated living cost  is ₽16410 per week

₽11049
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1269
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3617
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽3092
-₽1590
-₽1418
-₽708
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
42 500
social contributions

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

-
-
-
14 769
income
-
-
-
2 848
surtax
-
-
-
-
total
-
-
-
17 617
Employee
36 842
-
34 343
-
social contributions
4 053
-
3 777
-
income
7 199
-
6 565
-
surtax
-
-
-
-
total
11 252
-
10 342
-
Employer
36 842
-
34 343
-
social contributions
8 749
-
8 157
-
total
8 749
-
8 157
-
Corporate
-
42 500
-
-
income
-
8 926
-
-
surtax
-
-
-
-
total
-
8 926
-
-
Dividends
-
33 574
-
-
withholding
-
9 401
-
-
total
-
9 401
-
-
Income
42 500
42 500
42 500
42 500
Total tax
20 001
18 327
18 499
17 617
After tax
22 499
24 173
24 001
24 883
Living cost
25 591
25 591
25 591
25 591
Free-cash
-3 092
-1 418
-1 590
-708

Estimated living cost  is ₽25591 per week

₽18125
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1778
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.
₽5235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽17961
-₽9303
-₽4605
-₽9630
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
accident
-
-
-
382
income
-
-
-
6 019
pensions
-
-
-
12 028
other
-
-
-
43
unemployment
-
-
-
297
total
-
-
-
18 769
Employee
45 844
-
32 227
-
unemployment
710
-
499
-
pensions
2 154
-
1 515
-
income
9 575
-
6 122
-
other
45
-
32
-
total
12 484
-
8 168
-
Employer
45 844
-
32 227
-
pensions
10 819
-
7 605
-
other
367
-
258
-
unemployment
2 522
-
1 773
-
accident
908
-
638
-
total
14 616
-
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
-
7 369
-
-
total
-
7 369
-
-
Income
42 500
42 500
42 500
42 500
Total tax
27 100
13 744
18 442
18 769
After tax
15 400
28 756
24 058
23 731
Living cost
33 361
33 361
33 361
33 361
Free-cash
-17 961
-4 605
-9 303
-9 630

Estimated living cost  is ₽33361 per week

₽23958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽6339
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽14222
₽11265
₽20008
₽10943
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 813
income
-
-
-
6 375
pensions

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

-
-
-
4 907
unemployment
-
-
-
133
total
-
-
-
15 228
Employee
21 622
-
35 995
-
accident

We are using the highest rate at 1.1%.

238
-
365
-
pensions

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

1 898
-
2 911
-
health
995
-
1 525
-
income
2 163
-
3 599
-
total
5 294
-
8 400
-
Employer
21 622
-
35 995
-
pensions

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

2 383
-
3 654
-
health
1 492
-
2 288
-
unemployment
130
-
199
-
accident

We are using the highest rate at 1.1%.

238
-
365
-
total
4 243
-
6 506
-
Corporate
16 636
42 500
-
-
income
1 663
4 250
-
-
total
1 663
4 250
-
-
Dividends
14 973
38 250
-
-
withholding
749
1 913
-
-
total
749
1 913
-
-
Income
42 500
42 500
42 500
42 500
Total tax
11 949
6 163
14 906
15 228
After tax
30 551
36 337
27 594
27 272
Living cost
16 329
16 329
16 329
16 329
Free-cash
14 222
20 008
11 265
10 943

Estimated living cost  is ₽16329 per week

₽10800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽935
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽390
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽4731
-₽3384
-₽14571
-₽3384
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
42 500
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 485
trade
-
-
-
-
income

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

-
-
-
2 607
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.

-
-
-
144
total
-
-
-
9 236
Employee

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

47 231
-
42 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 485
-
6 485
-
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.

3 884
-
2 607
-
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.

214
-
144
-
total
10 583
-
9 236
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
42 500
-
-
income
-
6 375
-
-
chamber of commerce
-
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.

-
351
-
-
trade
-
6 099
-
-
total
-
13 032
-
-
Dividends
-
29 467
-
-
surtax

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

-
385
-
-
withholding
-
7 006
-
-
total
-
7 391
-
-
Income
42 500
42 500
42 500
42 500
Total tax
10 583
20 423
9 236
9 236
After tax
31 917
22 077
33 264
33 264
Living cost
36 648
36 648
36 648
36 648
Free-cash
-4 731
-14 571
-3 384
-3 384

Estimated living cost  is ₽36648 per week

₽25280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽31753
-₽19778
-₽24323
-₽19778
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
social contributions
-
-
-
2 677
income
-
-
-
5 528
total
-
-
-
8 205
Employee
74 252
-
42 500
-
social contributions
6 169
-
2 677
-
income
14 011
-
5 528
-
total
20 180
-
8 205
-
Employer
74 252
-
42 500
-
total
-
-
-
-
Corporate
-
42 500
-
-
income
-
5 312
-
-
total
-
5 312
-
-
Dividends
-
37 188
-
-
withholding
-
7 438
-
-
total
-
7 438
-
-
Income
42 500
42 500
42 500
42 500
Total tax
20 180
12 750
8 205
8 205
After tax
22 320
29 750
34 295
34 295
Living cost
54 073
54 073
54 073
54 073
Free-cash
-31 753
-24 323
-19 778
-19 778

Estimated living cost  is ₽54073 per week

₽41138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4406
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8013
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8243
-₽3315
-₽10977
-₽24855
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 021
health

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

-
-
-
5 876
total
-
-
-
32 897
Employee
43 546
-
38 629
-
social contributions
4 363
-
3 869
-
income
4 725
-
3 619
-
total
9 088
-
7 488
-
Employer
43 546
-
38 629
-
social contributions
4 363
-
3 869
-
total
4 363
-
3 869
-
Corporate
-
42 500
-
-
income
-
14 876
-
-
total
-
14 876
-
-
Dividends
-
27 624
-
-
social contributions
2 834
4 143
-
-
total
2 834
4 143
-
-
Income
42 500
42 500
42 500
42 500
Total tax
16 285
19 019
11 357
32 897
After tax
26 215
23 481
31 143
9 603
Living cost
34 458
34 458
34 458
34 458
Free-cash
-8 243
-10 977
-3 315
-24 855

Estimated living cost  is ₽34458 per week

₽22697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2716
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.
₽8515
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽10543
-₽6267
-₽2659
-₽2321
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
income
-
-
-
8 045
pensions
-
-
-
2 275
total
-
-
-
10 320
Employee
47 357
-
38 247
-
pensions
3 615
-
2 522
-
health
618
-
432
-
income
8 624
-
7 059
-
total
12 857
-
10 013
-
Employer
47 357
-
38 247
-
pensions
4 785
-
3 527
-
health
900
-
726
-
total
5 685
-
4 253
-
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.

-
8 076
-
-
total
-
8 076
-
-
Dividends
-
34 424
-
-
withholding
-
2 582
-
-
total
-
2 582
-
-
Income
42 500
42 500
42 500
42 500
Total tax
18 542
10 658
14 266
10 320
After tax
23 958
31 842
28 234
32 180
Living cost
34 501
34 501
34 501
34 501
Free-cash
-10 543
-2 659
-6 267
-2 321

Estimated living cost  is ₽34501 per week

₽23667
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3173
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.
₽7227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽845
-₽445
-₽19448
₽6561
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
243
health
-
-
-
2 096
income
-
-
-
6 356
pensions
-
-
-
3 998
other
-
-
-
356
total
-
-
-
13 049
Employee
36 007
-
35 305
-
pensions
4 054
-
3 975
-
health
4 123
-
4 043
-
income
4 940
-
4 843
-
total
13 117
-
12 861
-
Employer
36 007
-
35 305
-
pensions
5 855
-
5 740
-
unemployment
882
-
865
-
accident
601
-
589
-
total
7 338
-
7 194
-
Corporate
-
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.

-
38 250
-
-
total
-
38 250
-
-
Dividends
-
4 250
-
-
withholding
-
808
-
-
total
-
808
-
-
Income
42 500
42 500
42 500
42 500
Total tax
20 455
39 058
20 055
13 049
After tax
22 045
3 442
22 445
29 451
Living cost
22 890
22 890
22 890
22 890
Free-cash
-845
-19 448
-445
6 561

Estimated living cost  is ₽22890 per week

₽16799
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1334
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.
₽4296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Warsaw model

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Skopje , Macedonia
₽18697
₽12875
₽23310
₽12875
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
5 122
health insurance
-
-
-
3 145
pensions
-
-
-
7 820
unemployment
-
-
-
510
work injury
-
-
-
213
total
-
-
-
16 810
Employee

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

20 505
-
42 500
-
unemployment
246
-
510
-
pensions
3 773
-
7 820
-
work injury
103
-
213
-
income
2 050
-
5 122
-
health insurance
1 517
-
3 145
-
total
7 689
-
16 810
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
21 995
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
21 995
42 500
-
-
withholding
3 299
6 375
-
-
total
3 299
6 375
-
-
Income
42 500
42 500
42 500
42 500
Total tax
10 988
6 375
16 810
16 810
After tax
31 512
36 125
25 690
25 690
Living cost
12 815
12 815
12 815
12 815
Free-cash
18 697
23 310
12 875
12 875

Estimated living cost  is ₽12815 per week

₽7939
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3545
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

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Rome , Italy
-₽37490
-₽16925
-₽15428
-₽14567
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 931
municipal
-
-
-
285
regional
-
-
-
592
national
-
-
-
7 443
total
-
-
-
19 251
Employee
79 989
-
42 500
-
regional
1 208
-
498
-
municipal
477
-
254
-
national
13 517
-
6 525
-
social contributions
26 972
-
14 332
-
total
42 174
-
21 609
-
Employer
79 989
-
42 500
-
total
-
-
-
-
Corporate
-
42 500
-
-
municipal
-
2 048
-
-
nationa
-
10 199
-
-
total
-
12 247
-
-
Dividends
-
30 252
-
-
withholding
-
7 865
-
-
total
-
7 865
-
-
Income
42 500
42 500
42 500
42 500
Total tax
42 174
20 112
21 609
19 251
After tax
326
22 388
20 891
23 249
Living cost
37 816
37 816
37 816
37 816
Free-cash
-37 490
-15 428
-16 925
-14 567

Estimated living cost  is ₽37816 per week

₽26563
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2601
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8079
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other 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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