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
-₽6802
₽4799
₽4799
₽3583
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
2 701
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.

-
-
-
148
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.

-
-
-
6 414
trade
-
-
-
-
total
-
-
-
9 263
Employee

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

35 910
-
42 500
-
surtax

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

55
-
148
-
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.

1 003
-
2 701
-
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.

6 414
-
6 414
-
total
7 472
-
9 263
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
6 590
42 500
-
-
income
989
6 375
-
-
surtax

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

55
351
-
-
chamber of commerce
151
203
-
-
trade
1 039
6 694
-
-
total
2 234
13 623
-
-
Dividends
4 355
28 877
-
-
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.

41
378
-
-
withholding
732
6 863
-
-
total
773
7 241
-
-
Income
42 500
42 500
42 500
42 500
Total tax
10 479
20 864
9 263
9 263
After tax
32 021
21 636
33 237
33 237
Living cost
28 438
28 438
28 438
28 438
Free-cash
3 583
-6 802
4 799
4 799

Estimated living cost  is ₽28438 per week

₽17888
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3316
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.
₽6703
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽23431
-₽22178
-₽22512
-₽41960
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 728
national
-
-
-
5 776
pensions
-
-
-
5 100
total
-
-
-
15 061
Employee
77 434
-
36 741
-
municipal
9 564
-
3 892
-
pensions
3 097
-
1 470
-
national
14 821
-
6 031
-
total
27 482
-
11 393
-
Employer
77 434
-
36 741
-
pensions
6 195
-
2 939
-
social contributions
832
-
395
-
total
7 027
-
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
34 509
15 980
14 727
15 061
After tax
7 991
26 520
27 773
27 439
Living cost
49 951
49 951
49 951
49 951
Free-cash
-41 960
-23 431
-22 178
-22 512

Estimated living cost  is ₽49951 per week

₽33951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10609
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽14467
₽4852
₽13636
₽6766
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
2 956
microenterprise
-
-
-
6 375
total
-
-
-
9 331
Employee
27 434
-
34 249
-
surtax
-
-
-
-
social contributions

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

3 018
-
3 767
-
income
4 884
-
6 097
-
total
7 902
-
9 864
-
Employer
27 434
-
34 249
-
social contributions

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

6 608
-
8 251
-
surtax
-
-
-
-
total
6 608
-
8 251
-
Corporate
8 457
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%.

1 691
8 500
-
-
total
1 691
8 500
-
-
Dividends

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

6 766
34 000
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
16 201
8 500
18 115
9 331
After tax
26 299
34 000
24 385
33 169
Living cost
19 533
19 533
19 533
19 533
Free-cash
6 766
14 467
4 852
13 636

Estimated living cost  is ₽19533 per week

₽12461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1860
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.
₽4768
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽45461
-₽50732
-₽14922
-₽50732
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
income
-
-
-
3 915
health
-
-
-
6 525
pensions
-
-
-
7 651
total
-
-
-
18 091
Employee
80 176
80 176
80 176
-
pensions
14 432
11 000
14 432
-
income

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

13 124
13 124
13 124
-
health
12 306
10 467
12 306
-
total
39 862
34 591
39 862
-
Employer
80 176
80 176
80 176
-
health
5 573
5 573
5 573
-
pensions
5 580
5 580
5 580
-
unemployment
2 886
2 886
2 886
-
total
14 039
14 039
14 039
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
53 901
48 630
53 901
18 091
After tax
-11 401
-6 130
-11 401
24 409
Living cost
39 331
39 331
39 331
39 331
Free-cash
-50 732
-45 461
-50 732
-14 922

Estimated living cost  is ₽39331 per week

₽27873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3546
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7287
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽14558
-₽15069
-₽16577
-₽28217
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
4 938
unemployment
-
-
-
43
health
-
-
-
2 652
municipal
-
-
-
9 002
national
-
-
-
-
pensions
-
-
-
4 594
total
-
-
-
21 314
Employee
53 808
-
32 339
-
municipal
16 046
-
9 644
-
national
-
-
-
-
total
16 046
-
9 644
-
Employer
53 808
-
32 339
-
health
3 309
-
1 989
-
pensions
5 817
-
3 496
-
accident
108
-
65
-
unemployment
1 421
-
854
-
other
6 253
-
3 758
-
total
16 908
-
10 162
-
Corporate
-
42 500
-
-
income
-
9 350
-
-
total
-
9 350
-
-
Dividends
-
33 150
-
-
withholding
-
9 945
-
-
total
-
9 945
-
-
Income
42 500
42 500
42 500
42 500
Total tax
32 954
19 295
19 806
21 314
After tax
9 546
23 205
22 694
21 186
Living cost
37 763
37 763
37 763
37 763
Free-cash
-28 217
-14 558
-15 069
-16 577

Estimated living cost  is ₽37763 per week

₽25028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽15465
-₽3646
-₽3646
-₽5112
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
2 701
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.

-
-
-
148
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.

-
-
-
6 414
trade
-
-
-
-
total
-
-
-
9 263
Employee

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

47 612
-
42 500
-
surtax

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

224
-
148
-
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.

4 091
-
2 701
-
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.

6 414
-
6 414
-
total
10 729
-
9 263
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
42 500
-
-
income
-
6 375
-
-
surtax

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

-
351
-
-
chamber of commerce
-
203
-
-
trade
-
6 991
-
-
total
-
13 920
-
-
Dividends
-
28 580
-
-
surtax

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

-
374
-
-
withholding
-
6 788
-
-
total
-
7 162
-
-
Income
42 500
42 500
42 500
42 500
Total tax
10 729
21 082
9 263
9 263
After tax
31 771
21 418
33 237
33 237
Living cost
36 883
36 883
36 883
36 883
Free-cash
-5 112
-15 465
-3 646
-3 646

Estimated living cost  is ₽36883 per week

₽24668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3889
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7775
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽9184
-₽3419
₽4325
-₽4050
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9
social contributions
-
-
-
6 630
health
-
-
-
1 083
total
-
-
-
7 722
Employee
72 195
72 195
72 195
-
social contributions
3 508
5 992
3 202
-
income
7 581
6 683
7 692
-
health
718
1 228
656
-
total
11 807
13 903
11 550
-
Employer
72 195
72 195
72 195
-
health
782
1 336
714
-
social contributions
3 508
5 992
3 202
-
total
4 290
7 328
3 916
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
16 097
21 231
15 466
7 722
After tax
26 403
21 269
27 034
34 778
Living cost
30 453
30 453
30 453
30 453
Free-cash
-4 050
-9 184
-3 419
4 325

Estimated living cost  is ₽30453 per week

₽20817
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽7302
₽7814
₽12617
₽7654
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
income
-
-
-
5 196
unemployment
-
-
-
638
health
-
-
-
2 975
pensions
-
-
-
4 250
total
-
-
-
13 059
Employee

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

The minimum wage is 138,000 HUF per month.

24 286
9 665
35 565
-
unemployment
364
145
533
-
pensions
2 429
967
3 556
-
income
2 969
1 182
4 348
-
health
1 700
677
2 490
-
total
7 462
2 971
10 927
-
Employer

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

The minimum wage is 138,000 HUF per month.

24 286
9 665
35 565
-
pensions
4 736
1 885
6 935
-
total
4 736
1 885
6 935
-
Corporate
13 479
30 950
-
-
income
1 213
2 785
-
-
total
1 213
2 785
-
-
Dividends
12 266
28 164
-
-
social contributions
2 281
5 382
-
-
withholding
2 330
5 351
-
-
total
4 611
10 733
-
-
Income
42 500
42 500
42 500
42 500
Total tax
18 022
18 374
17 862
13 059
After tax
24 478
24 126
24 638
29 441
Living cost
16 824
16 824
16 824
16 824
Free-cash
7 654
7 302
7 814
12 617

Estimated living cost  is ₽16824 per week

₽11481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3630
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽11323
₽3408
₽1928
₽5490
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
income
-
-
-
3 870
health
-
-
-
5 525
pensions
-
-
-
8 500
total
-
-
-
17 895
Employee
26 635
-
31 762
-
unemployment
426
-
508
-
pensions
533
-
636
-
income
2 999
-
4 536
-
total
3 958
-
5 680
-
Employer
26 635
-
31 762
-
health
3 462
-
4 128
-
pensions
5 327
-
6 352
-
unemployment
214
-
255
-
total
9 003
-
10 735
-
Corporate
6 863
42 500
-
-
income
1 372
8 500
-
-
total
1 372
8 500
-
-
Dividends
5 491
34 000
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
14 333
8 500
16 415
17 895
After tax
28 167
34 000
26 085
24 605
Living cost
22 677
22 677
22 677
22 677
Free-cash
5 490
11 323
3 408
1 928

Estimated living cost  is ₽22677 per week

₽15554
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1351
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽17488
₽1513
₽8572
₽230
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
6 370
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
12 997
Employee
32 926
-
35 305
-
pensions
3 708
-
3 975
-
income
4 517
-
4 843
-
health
3 770
-
4 043
-
total
11 995
-
12 861
-
Employer
32 926
-
35 305
-
pensions
5 354
-
5 741
-
accident
550
-
589
-
unemployment
807
-
865
-
total
6 711
-
7 195
-
Corporate
2 864
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.

2 578
38 250
-
-
total
2 578
38 250
-
-
Dividends
286
4 250
-
-
withholding
55
807
-
-
total
55
807
-
-
Income
42 500
42 500
42 500
42 500
Total tax
21 339
39 057
20 056
12 997
After tax
21 161
3 443
22 444
29 503
Living cost
20 931
20 931
20 931
20 931
Free-cash
230
-17 488
1 513
8 572

Estimated living cost  is ₽20931 per week

₽15341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽32824
₽26449
₽34524
₽31409
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 438
-
42 500
-
income
1 887
-
8 500
-
total
1 887
-
8 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

33 062
42 500
-
-
total
-
-
-
-
Dividends
33 062
42 500
-
-
withholding
1 653
2 125
-
-
total
1 653
2 125
-
-
Income
42 500
42 500
42 500
42 500
Total tax
3 540
2 125
8 500
425
After tax
38 960
40 375
34 000
42 075
Living cost
7 551
7 551
7 551
7 551
Free-cash
31 409
32 824
26 449
34 524

Estimated living cost  is ₽7551 per week

₽4680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2036
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽6208
-₽108
-₽2006
-₽180
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
income
-
-
-
5 399
other
-
-
-
2 019
health
-
-
-
1 871
pensions

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

-
-
-
10 200
total
-
-
-
19 489
Employee
34 090
-
33 944
-
unemployment
340
-
340
-
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.

2 386
-
2 377
-
income
5 869
-
5 842
-
health
477
-
476
-
total
9 072
-
9 035
-
Employer
34 090
-
33 944
-
health
477
-
476
-
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.

5 796
-
5 771
-
accident
273
-
271
-
unemployment
340
-
340
-
other
1 705
-
1 698
-
total
8 591
-
8 556
-
Corporate
-
42 500
-
-
income
-
8 925
-
-
total
-
8 925
-
-
Dividends
-
33 575
-
-
withholding
-
2 350
-
-
total
-
2 350
-
-
Income
42 500
42 500
42 500
42 500
Total tax
17 663
11 275
17 591
19 489
After tax
24 837
31 225
24 909
23 011
Living cost
25 017
25 017
25 017
25 017
Free-cash
-180
6 208
-108
-2 006

Estimated living cost  is ₽25017 per week

₽17676
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5249
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽31155
-₽34717
-₽30798
-₽58848
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 049
pensions
-
-
-
2 253
total
-
-
-
10 302
Employee
89 130
-
38 266
-
pensions
8 599
-
2 496
-
income
16 067
-
7 070
-
health
1 469
-
425
-
total
26 135
-
9 991
-
Employer
89 130
-
38 266
-
health
1 693
-
726
-
pensions
10 524
-
3 504
-
total
12 217
-
4 230
-
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
-
2 583
-
-
total
-
2 583
-
-
Income
42 500
42 500
42 500
42 500
Total tax
38 352
10 659
14 221
10 302
After tax
4 148
31 841
28 279
32 198
Living cost
62 996
62 996
62 996
62 996
Free-cash
-58 848
-31 155
-34 717
-30 798

Estimated living cost  is ₽62996 per week

₽47204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7402
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽24028
₽15398
₽15058
₽19668
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 375
unemployment
-
-
-
131
health
-
-
-
3 772
pensions

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

-
-
-
4 854
total
-
-
-
15 132
Employee
16 300
-
36 066
-
accident

We are using the highest rate at 1.1%.

179
-
361
-
pensions

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

1 431
-
2 880
-
income
1 630
-
3 607
-
health
750
-
1 509
-
total
3 990
-
8 357
-
Employer
16 300
-
36 066
-
health
1 125
-
2 263
-
pensions

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

1 796
-
3 614
-
accident

We are using the highest rate at 1.1%.

179
-
361
-
unemployment
97
-
197
-
total
3 197
-
6 435
-
Corporate
23 001
42 500
-
-
income
2 300
4 250
-
-
total
2 300
4 250
-
-
Dividends
20 701
38 250
-
-
withholding
1 035
1 912
-
-
total
1 035
1 912
-
-
Income
42 500
42 500
42 500
42 500
Total tax
10 522
6 162
14 792
15 132
After tax
31 978
36 338
27 708
27 368
Living cost
12 310
12 310
12 310
12 310
Free-cash
19 668
24 028
15 398
15 058

Estimated living cost  is ₽12310 per week

₽7187
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3918
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽58192
-₽63463
-₽27653
-₽59786
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
income
-
-
-
3 915
health
-
-
-
6 525
pensions
-
-
-
7 651
total
-
-
-
18 091
Employee
87 046
80 176
80 176
-
pensions
11 000
11 000
14 432
-
income

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

13 124
13 124
13 124
-
health
10 859
10 467
12 306
-
total
34 983
34 591
39 862
-
Employer
87 046
80 176
80 176
-
health
6 049
5 573
5 573
-
pensions
6 058
5 580
5 580
-
unemployment
3 134
2 886
2 886
-
total
15 241
14 039
14 039
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
50 224
48 630
53 901
18 091
After tax
-7 724
-6 130
-11 401
24 409
Living cost
52 062
52 062
52 062
52 062
Free-cash
-59 786
-58 192
-63 463
-27 653

Estimated living cost  is ₽52062 per week

₽38405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8411
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽6271
-₽1423
-₽2290
-₽2804
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
income
-
-
-
3 653
social contributions
-
-
-
12 410
solidarity contribution
-
-
-
-
health
-
-
-
5 737
total
-
-
-
21 800
Employee
33 809
-
31 716
-
solidarity contribution
-
-
-
-
social contributions
2 198
-
2 062
-
income
4 057
-
3 806
-
health
4 564
-
4 282
-
total
10 819
-
10 150
-
Employer
33 809
-
31 716
-
health
3 043
-
2 854
-
social contributions
8 452
-
7 929
-
total
11 495
-
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
22 314
13 239
20 933
21 800
After tax
20 186
29 261
21 567
20 700
Living cost
22 990
22 990
22 990
22 990
Free-cash
-2 804
6 271
-1 423
-2 290

Estimated living cost  is ₽22990 per week

₽15969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽16942
-₽18560
-₽16161
-₽40941
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
405
municipal
-
-
-
253
national
-
-
-
7 455
total
-
-
-
19 044
Employee
83 442
-
42 500
-
municipal
442
-
224
-
national
14 458
-
6 537
-
regional
787
-
352
-
social contributions
28 137
-
14 330
-
total
43 824
-
21 443
-
Employer
83 442
-
42 500
-
total
-
-
-
-
Corporate
-
42 500
-
-
municipal
-
1 657
-
-
nationa
-
10 200
-
-
total
-
11 857
-
-
Dividends
-
30 643
-
-
withholding
-
7 968
-
-
total
-
7 968
-
-
Income
42 500
42 500
42 500
42 500
Total tax
43 824
19 825
21 443
19 044
After tax
-1 324
22 675
21 057
23 456
Living cost
39 617
39 617
39 617
39 617
Free-cash
-40 941
-16 942
-18 560
-16 161

Estimated living cost  is ₽39617 per week

₽27616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2598
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽608
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽6014
₽2649
₽3689
₽3095
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 154
other
-
-
-
-
surtax
-
-
-
207
unemployment
-
-
-
214
health
-
-
-
3 018
pensions
-
-
-
8 500
total
-
-
-
18 093
Employee
31 048
-
35 110
-
other
-
-
-
-
unemployment
2 161
-
2 444
-
pensions
2 070
-
2 341
-
surtax
102
-
176
-
income
5 204
-
5 885
-
health
793
-
896
-
total
10 330
-
11 742
-
Employer
31 048
-
35 110
-
health
1 413
-
1 596
-
pensions
4 139
-
4 681
-
unemployment
983
-
1 114
-
other
-
-
-
-
total
6 535
-
7 391
-
Corporate
4 917
42 500
-
-
income
1 277
11 050
-
-
total
1 277
11 050
-
-
Dividends
3 639
31 450
-
-
withholding
545
4 718
-
-
total
545
4 718
-
-
Income
42 500
42 500
42 500
42 500
Total tax
18 687
15 768
19 133
18 093
After tax
23 813
26 732
23 367
24 407
Living cost
20 718
20 718
20 718
20 718
Free-cash
3 095
6 014
2 649
3 689

Estimated living cost  is ₽20718 per week

₽12668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1912
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5660
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽11196
-₽14758
-₽10839
-₽24833
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 049
pensions
-
-
-
2 253
total
-
-
-
10 302
Employee
59 733
-
38 266
-
pensions
5 070
-
2 496
-
income
10 758
-
7 070
-
health
867
-
425
-
total
16 695
-
9 991
-
Employer
59 733
-
38 266
-
health
1 135
-
726
-
pensions
6 466
-
3 504
-
total
7 601
-
4 230
-
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
-
2 583
-
-
total
-
2 583
-
-
Income
42 500
42 500
42 500
42 500
Total tax
24 296
10 659
14 221
10 302
After tax
18 204
31 841
28 279
32 198
Living cost
43 037
43 037
43 037
43 037
Free-cash
-24 833
-11 196
-14 758
-10 839

Estimated living cost  is ₽43037 per week

₽32243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7117
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽54846
-₽40722
-₽38025
-₽52708
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
other

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

-
-
-
851
regional
-
-
-
719
health
-
-
-
242
city
-
-
-
446
national
-
-
-
76
pensions
-
-
-
3 911
total
-
-
-
6 245
Employee
86 926
-
37 746
-
unemployment
-
-
-
-
pensions
7 303
-
3 497
-
national
411
-
48
-
regional
2 846
-
570
-
city
933
-
403
-
health
197
-
86
-
total
11 690
-
4 604
-
Employer
86 926
-
37 746
-
health
197
-
86
-
pensions
7 303
-
3 497
-
unemployment
-
-
-
-
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.

1 738
-
755
-
total
9 238
-
4 338
-
Corporate
-
42 500
-
-
regional
-
8 989
-
-
national
-
3 613
-
-
total
-
12 602
-
-
Dividends
-
29 897
-
-
withholding
-
10 464
-
-
total
-
10 464
-
-
Income
42 500
42 500
42 500
42 500
Total tax
20 928
23 066
8 942
6 245
After tax
21 572
19 434
33 558
36 255
Living cost
74 280
74 280
74 280
74 280
Free-cash
-52 708
-54 846
-40 722
-38 025

Estimated living cost  is ₽74280 per week

₽48303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽912
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18399
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽21811
-₽9774
-₽9774
-₽13925
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
2 701
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.

-
-
-
148
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.

-
-
-
6 414
trade
-
-
-
-
total
-
-
-
9 263
Employee

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

56 425
-
42 500
-
surtax

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

365
-
148
-
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.

6 635
-
2 701
-
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.

6 414
-
6 414
-
total
13 414
-
9 263
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
42 500
-
-
income
-
6 375
-
-
surtax

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

-
351
-
-
chamber of commerce
-
203
-
-
trade
-
7 289
-
-
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
-
6 713
-
-
total
-
7 082
-
-
Income
42 500
42 500
42 500
42 500
Total tax
13 414
21 300
9 263
9 263
After tax
29 086
21 200
33 237
33 237
Living cost
43 010
43 010
43 010
43 010
Free-cash
-13 925
-21 811
-9 774
-9 774

Estimated living cost  is ₽43010 per week

₽31413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3440
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7599
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽10701
-₽5749
-₽6396
-₽10230
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
income
-
-
-
1 333
other
-
-
-
1 317
surtax
-
-
-
-
social contributions
-
-
-
1 210
health
-
-
-
369
pensions
-
-
-
12 545
total
-
-
-
16 774
Employee
40 183
-
32 387
-
pensions
4 543
-
3 663
-
surtax
-
-
-
-
social contributions
1 146
-
923
-
income
2 371
-
1 429
-
total
8 060
-
6 015
-
Employer
40 183
-
32 387
-
health
2 813
-
2 266
-
pensions
6 601
-
5 320
-
unemployment
1 627
-
1 311
-
social contributions
121
-
98
-
other
1 386
-
1 117
-
total
12 548
-
10 112
-
Corporate
-
42 500
-
-
income
-
11 900
-
-
surtax
-
-
-
-
total
-
11 900
-
-
Dividends
-
30 600
-
-
surtax
-
-
-
-
social contributions
-
5 263
-
-
withholding
-
3 916
-
-
total
-
9 179
-
-
Income
42 500
42 500
42 500
42 500
Total tax
20 608
21 079
16 127
16 774
After tax
21 892
21 421
26 373
25 726
Living cost
32 122
32 122
32 122
32 122
Free-cash
-10 230
-10 701
-5 749
-6 396

Estimated living cost  is ₽32122 per week

₽20254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2612
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8711
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽7519
-₽2567
-₽3214
-₽4570
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
income
-
-
-
1 333
other
-
-
-
1 317
surtax
-
-
-
-
social contributions
-
-
-
1 210
health
-
-
-
369
pensions
-
-
-
12 545
total
-
-
-
16 774
Employee
35 869
-
32 387
-
pensions
4 057
-
3 663
-
surtax
-
-
-
-
social contributions
1 023
-
923
-
income
1 849
-
1 429
-
total
6 929
-
6 015
-
Employer
35 869
-
32 387
-
health
2 510
-
2 266
-
pensions
5 894
-
5 320
-
unemployment
1 452
-
1 311
-
social contributions
107
-
98
-
other
1 238
-
1 117
-
total
11 201
-
10 112
-
Corporate
-
42 500
-
-
income
-
11 900
-
-
surtax
-
-
-
-
total
-
11 900
-
-
Dividends
-
30 600
-
-
surtax
-
-
-
-
social contributions
-
5 263
-
-
withholding
-
3 916
-
-
total
-
9 179
-
-
Income
42 500
42 500
42 500
42 500
Total tax
18 130
21 079
16 127
16 774
After tax
24 370
21 421
26 373
25 726
Living cost
28 940
28 940
28 940
28 940
Free-cash
-4 570
-7 519
-2 567
-3 214

Estimated living cost  is ₽28940 per week

₽16784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2940
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.
₽8668
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽6019
₽5996
₽7384
₽6148
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 375
social contributions
-
-
-
5 865
health
-
-
-
2 967
total
-
-
-
15 207
Employee
31 834
-
42 500
-
social contributions
4 394
-
5 865
-
income
5 309
-
7 763
-
health
2 222
-
2 967
-
total
11 925
-
16 595
-
Employer
31 834
-
42 500
-
total
-
-
-
-
Corporate
10 666
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%.

533
2 126
-
-
total
533
2 126
-
-
Dividends
10 134
40 374
-
-
social contributions
1 637
5 571
-
-
withholding
1 520
6 056
-
-
health
828
2 819
-
-
total
3 985
14 446
-
-
Income
42 500
42 500
42 500
42 500
Total tax
16 443
16 572
16 595
15 207
After tax
26 057
25 928
25 905
27 293
Living cost
19 909
19 909
19 909
19 909
Free-cash
6 148
6 019
5 996
7 384

Estimated living cost  is ₽19909 per week

₽13324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1228
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.
₽4898
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽11962
-₽16632
-₽9316
-₽19001
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
income
-
-
-
1 507
surtax
-
-
-
185
unemployment
-
-
-
5 758
chamber of commerce
-
-
-
169
health
-
-
-
3 252
pensions
-
-
-
7 863
total
-
-
-
18 734
Employee
46 921
37 416
37 416
-
other
469
374
326
-
unemployment
1 408
1 122
978
-
pensions
4 805
3 831
3 337
-
income
5 342
2 760
2 979
-
health
1 816
1 449
1 261
-
total
13 840
9 536
8 881
-
Employer
46 921
37 416
37 416
-
chamber of commerce
187
150
150
-
health
1 773
1 415
1 231
-
pensions
5 889
4 697
4 089
-
accident
609
486
424
-
unemployment
1 408
1 122
978
-
surtax
185
185
185
-
payroll
1 408
1 122
1 122
-
other
2 229
1 776
1 735
-
total
13 688
10 953
9 914
-
Corporate
3 563
3 563
29 021
-
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.

891
891
7 255
-
total
891
891
7 255
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
28 419
21 380
26 050
18 734
After tax
14 081
21 120
16 450
23 766
Living cost
33 082
33 082
33 082
33 082
Free-cash
-19 001
-11 962
-16 632
-9 316

Estimated living cost  is ₽33082 per week

₽22065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2822
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽10208
-₽15243
-₽9824
-₽44208
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
communal

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

-
-
-
2 318
social contributions
-
-
-
3 856
national
-
-
-
11 917
total
-
-
-
18 091
Employee

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

67 159
-
32 916
-
unemployment

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

584
-
287
-
communal

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

3 503
-
1 718
-
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.

5 037
-
2 469
-
national
20 647
-
7 905
-
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.

3 155
-
1 547
-
total
32 926
-
13 926
-
Employer

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

67 159
-
32 916
-
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.

4 130
-
2 024
-
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.

5 951
-
2 917
-
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.

873
-
428
-
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.

980
-
481
-
surtax
7 615
-
3 734
-
total
19 549
-
9 584
-
Corporate
-
42 500
-
-
income
-
8 500
-
-
surtax
-
169
-
-
total
-
8 669
-
-
Dividends
-
33 830
-
-
withholding

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

-
9 806
-
-
total
-
9 806
-
-
Income
42 500
42 500
42 500
42 500
Total tax
52 475
18 475
23 510
18 091
After tax
-9 975
24 025
18 990
24 409
Living cost
34 233
34 233
34 233
34 233
Free-cash
-44 208
-10 208
-15 243
-9 824

Estimated living cost  is ₽34233 per week

₽22050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5155
-₽9858
-₽10189
-₽19133
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
accident
-
-
-
383
income
-
-
-
6 030
other
-
-
-
43
unemployment
-
-
-
298
pensions
-
-
-
12 028
total
-
-
-
18 782
Employee
46 735
-
32 225
-
other
46
-
32
-
unemployment
725
-
499
-
pensions
2 197
-
1 514
-
income
9 861
-
6 133
-
total
12 829
-
8 178
-
Employer
46 735
-
32 225
-
pensions
11 029
-
7 604
-
accident
925
-
638
-
unemployment
2 571
-
1 773
-
other
372
-
258
-
total
14 897
-
10 273
-
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
-
7 373
-
-
total
-
7 373
-
-
Income
42 500
42 500
42 500
42 500
Total tax
27 726
13 748
18 451
18 782
After tax
14 774
28 752
24 049
23 718
Living cost
33 907
33 907
33 907
33 907
Free-cash
-19 133
-5 155
-9 858
-10 189

Estimated living cost  is ₽33907 per week

₽24969
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.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6044
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽24282
-₽22704
-₽22703
-₽37095
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
communal
-
-
-
-
accident
-
-
-
403
income
-
-
-
1 068
surtax
-
-
-
2 211
health
-
-
-
3 350
pensions
-
-
-
7 148
total
-
-
-
14 180
Employee
71 101
-
37 160
-
pensions
5 687
-
3 574
-
surtax
4 358
-
2 211
-
income
6 868
-
1 068
-
health
3 164
-
1 988
-
total
20 077
-
8 841
-
Employer
71 101
-
37 160
-
health
2 168
-
1 363
-
pensions
5 687
-
3 574
-
accident
640
-
403
-
total
8 495
-
5 340
-
Corporate
-
42 500
-
-
communal
-
2 869
-
-
income
-
6 375
-
-
surtax
-
445
-
-
total
-
9 689
-
-
Dividends
-
32 811
-
-
income
-
1 149
-
-
withholding
-
4 921
-
-
total
-
6 070
-
-
Income
42 500
42 500
42 500
42 500
Total tax
28 572
15 759
14 181
14 180
After tax
13 928
26 741
28 319
28 320
Living cost
51 023
51 023
51 023
51 023
Free-cash
-37 095
-24 282
-22 704
-22 703

Estimated living cost  is ₽51023 per week

₽38274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3091
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.
₽9115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽5644
₽2279
₽3319
₽2657
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 154
other
-
-
-
-
surtax
-
-
-
207
unemployment
-
-
-
214
health
-
-
-
3 018
pensions
-
-
-
8 500
total
-
-
-
18 093
Employee
31 618
-
35 110
-
other
-
-
-
-
unemployment
2 200
-
2 444
-
pensions
2 110
-
2 341
-
surtax
112
-
176
-
income
5 301
-
5 885
-
health
807
-
896
-
total
10 530
-
11 742
-
Employer
31 618
-
35 110
-
health
1 438
-
1 596
-
pensions
4 216
-
4 681
-
unemployment
1 003
-
1 114
-
other
-
-
-
-
total
6 657
-
7 391
-
Corporate
4 225
42 500
-
-
income
1 099
11 050
-
-
total
1 099
11 050
-
-
Dividends
3 126
31 450
-
-
withholding
469
4 718
-
-
total
469
4 718
-
-
Income
42 500
42 500
42 500
42 500
Total tax
18 755
15 768
19 133
18 093
After tax
23 745
26 732
23 367
24 407
Living cost
21 088
21 088
21 088
21 088
Free-cash
2 657
5 644
2 279
3 319

Estimated living cost  is ₽21088 per week

₽12732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽2952
-₽4453
-₽2071
-₽9581
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
641
municipal
-
-
-
253
national
-
-
-
7 455
total
-
-
-
19 280
Employee
52 081
-
42 500
-
municipal
276
-
224
-
national
8 251
-
6 537
-
regional
701
-
571
-
social contributions
17 562
-
14 330
-
total
26 790
-
21 662
-
Employer
52 081
-
42 500
-
total
-
-
-
-
Corporate
-
42 500
-
-
municipal
-
2 113
-
-
nationa
-
10 200
-
-
total
-
12 313
-
-
Dividends
-
30 187
-
-
withholding
-
7 848
-
-
total
-
7 848
-
-
Income
42 500
42 500
42 500
42 500
Total tax
26 790
20 161
21 662
19 280
After tax
15 710
22 339
20 838
23 220
Living cost
25 291
25 291
25 291
25 291
Free-cash
-9 581
-2 952
-4 453
-2 071

Estimated living cost  is ₽25291 per week

₽15729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽931
-₽6763
-₽7630
-₽13327
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
income
-
-
-
3 653
social contributions
-
-
-
12 410
solidarity contribution
-
-
-
-
health
-
-
-
5 737
total
-
-
-
21 800
Employee
41 662
-
31 716
-
solidarity contribution
-
-
-
-
social contributions
2 708
-
2 062
-
income
4 999
-
3 806
-
health
5 624
-
4 282
-
total
13 331
-
10 150
-
Employer
41 662
-
31 716
-
health
3 750
-
2 854
-
social contributions
10 416
-
7 929
-
total
14 166
-
10 783
-
Corporate
-
42 500
-
-
income
-
8 075
-
-
total
-
8 075
-
-
Dividends
-
34 425
-
-
withholding
-
5 164
-
-
total
-
5 164
-
-
Income
42 500
42 500
42 500
42 500
Total tax
27 497
13 239
20 933
21 800
After tax
15 003
29 261
21 567
20 700
Living cost
28 330
28 330
28 330
28 330
Free-cash
-13 327
931
-6 763
-7 630

Estimated living cost  is ₽28330 per week

₽21068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1569
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8649
-₽13410
-₽6003
-₽11243
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
income
-
-
-
1 507
surtax
-
-
-
-
unemployment
-
-
-
5 758
chamber of commerce
-
-
-
169
health
-
-
-
3 252
pensions
-
-
-
7 863
total
-
-
-
18 549
Employee
41 041
37 416
37 416
-
other
410
374
328
-
unemployment
1 231
1 122
982
-
pensions
4 203
3 831
3 351
-
income
3 656
2 760
2 972
-
health
1 587
1 449
1 267
-
total
11 087
9 536
8 900
-
Employer
41 041
37 416
37 416
-
chamber of commerce
164
150
150
-
health
1 552
1 415
1 238
-
pensions
5 151
4 697
4 109
-
accident
533
486
426
-
unemployment
1 231
1 122
982
-
surtax
-
-
-
-
payroll
1 231
1 122
1 122
-
other
1 949
1 776
1 737
-
total
11 811
10 768
9 764
-
Corporate
3 563
3 563
29 173
-
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.

891
891
7 292
-
total
891
891
7 292
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
23 789
21 195
25 956
18 549
After tax
18 711
21 305
16 544
23 951
Living cost
29 954
29 954
29 954
29 954
Free-cash
-11 243
-8 649
-13 410
-6 003

Estimated living cost  is ₽29954 per week

₽17968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3059
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽28608
₽22233
₽30308
₽26401
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
42 500
microenterprise

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

-
-
-
425
total
-
-
-
425
Employee
14 709
-
42 500
-
income
2 942
-
8 500
-
total
2 942
-
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%.

27 791
42 500
-
-
total
-
-
-
-
Dividends
27 791
42 500
-
-
withholding
1 390
2 125
-
-
total
1 390
2 125
-
-
Income
42 500
42 500
42 500
42 500
Total tax
4 332
2 125
8 500
425
After tax
38 168
40 375
34 000
42 075
Living cost
11 767
11 767
11 767
11 767
Free-cash
26 401
28 608
22 233
30 308

Estimated living cost  is ₽11767 per week

₽7963
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽4079
-₽2700
-₽1351
-₽5482
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
6 661
unemployment
-
-
-
64
health
-
-
-
4 182
pensions
-
-
-
7 761
total
-
-
-
18 668
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.

41 517
-
36 774
-
unemployment
59
-
52
-
pensions
6 435
-
5 700
-
income
7 160
-
6 162
-
health
2 681
-
2 377
-
total
16 335
-
14 291
-
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.

41 517
-
36 774
-
health
2 765
-
2 450
-
pensions
3 674
-
3 255
-
unemployment
25
-
21
-
total
6 464
-
5 726
-
Corporate
-
42 500
-
-
income
-
8 075
-
-
total
-
8 075
-
-
Dividends
-
34 425
-
-
withholding
-
5 163
-
-
total
-
5 163
-
-
Income
42 500
42 500
42 500
42 500
Total tax
22 799
13 238
20 017
18 668
After tax
19 701
29 262
22 483
23 832
Living cost
25 183
25 183
25 183
25 183
Free-cash
-5 482
4 079
-2 700
-1 351

Estimated living cost  is ₽25183 per week

₽17282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1614
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽14244
-₽9827
-₽10730
-₽96073
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
income
-
-
-
8 284
social contributions
-
-
-
4 845
total
-
-
-
13 129
Employee
57 499
-
-
-
social contributions
4 715
-
672
-
income
12 683
-
-
-
total
17 398
-
672
-
Employer
57 499
-
-
-
social contributions
81 074
-
11 554
-
total
81 074
-
11 554
-
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
98 472
16 643
12 226
13 129
After tax
-55 972
25 857
30 274
29 371
Living cost
40 101
40 101
40 101
40 101
Free-cash
-96 073
-14 244
-9 827
-10 730

Estimated living cost  is ₽40101 per week

₽26019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3772
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5275
-₽5473
-₽4579
-₽10937
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
2 860
surtax
-
-
-
-
social contributions

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

-
-
-
14 769
total
-
-
-
17 629
Employee
43 181
-
34 343
-
surtax
-
-
-
-
social contributions
4 750
-
3 777
-
income
8 982
-
6 589
-
total
13 732
-
10 366
-
Employer
43 181
-
34 343
-
social contributions
10 255
-
8 157
-
total
10 255
-
8 157
-
Corporate
-
42 500
-
-
income
-
8 925
-
-
surtax
-
-
-
-
total
-
8 925
-
-
Dividends
-
33 575
-
-
withholding
-
9 400
-
-
total
-
9 400
-
-
Income
42 500
42 500
42 500
42 500
Total tax
23 987
18 325
18 523
17 629
After tax
18 513
24 175
23 977
24 871
Living cost
29 450
29 450
29 450
29 450
Free-cash
-10 937
-5 275
-5 473
-4 579

Estimated living cost  is ₽29450 per week

₽22034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽23926
-₽18974
-₽19621
-₽34669
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
income
-
-
-
1 333
other
-
-
-
1 317
surtax
-
-
-
-
social contributions
-
-
-
1 210
health
-
-
-
369
pensions
-
-
-
12 545
total
-
-
-
16 774
Employee
58 804
-
32 387
-
pensions
6 651
-
3 663
-
surtax
-
-
-
-
social contributions
1 675
-
923
-
income
5 131
-
1 429
-
total
13 457
-
6 015
-
Employer
58 804
-
32 387
-
health
4 116
-
2 266
-
pensions
9 662
-
5 320
-
unemployment
2 382
-
1 311
-
social contributions
176
-
98
-
other
2 029
-
1 117
-
total
18 365
-
10 112
-
Corporate
-
42 500
-
-
income
-
11 900
-
-
surtax
-
-
-
-
total
-
11 900
-
-
Dividends
-
30 600
-
-
surtax
-
-
-
-
social contributions
-
5 263
-
-
withholding
-
3 916
-
-
total
-
9 179
-
-
Income
42 500
42 500
42 500
42 500
Total tax
31 822
21 079
16 127
16 774
After tax
10 678
21 421
26 373
25 726
Living cost
45 347
45 347
45 347
45 347
Free-cash
-34 669
-23 926
-18 974
-19 621

Estimated living cost  is ₽45347 per week

₽30690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽622
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10325
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽10029
₽6182
₽4929
₽6873
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
income
-
-
-
-
social contributions
-
-
-
9 349
total
-
-
-
9 349
Employee
30 184
-
36 797
-
income
-
-
-
-
social contributions
1 962
-
2 393
-
total
1 962
-
2 393
-
Employer
30 184
-
36 797
-
social contributions
4 679
-
5 703
-
total
4 679
-
5 703
-
Corporate
7 637
42 500
-
-
income
764
4 249
-
-
total
764
4 249
-
-
Dividends
6 873
38 251
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
7 405
4 249
8 096
9 349
After tax
35 095
38 251
34 404
33 151
Living cost
28 222
28 222
28 222
28 222
Free-cash
6 873
10 029
6 182
4 929

Estimated living cost  is ₽28222 per week

₽18248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2127
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.
₽7316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽162058
-₽162058
-₽16894
-₽162058
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
labour market
-
-
-
3 335
municipal
-
-
-
6 305
national
-
-
-
3 724
pensions
-
-
-
814
total
-
-
-
14 178
Employee
190 844
190 844
190 844
-
municipal
40 639
40 639
40 639
-
labour market
15 246
15 246
15 246
-
pensions
271
271
271
-
national
23 315
23 315
23 315
-
total
79 471
79 471
79 471
-
Employer
190 844
190 844
190 844
-
national
23 356
23 356
23 356
-
labour market
15 268
15 268
15 268
-
pensions
543
543
543
-
municipal
40 704
40 704
40 704
-
total
79 871
79 871
79 871
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
159 342
159 342
159 342
14 178
After tax
-116 842
-116 842
-116 842
28 322
Living cost
45 216
45 216
45 216
45 216
Free-cash
-162 058
-162 058
-162 058
-16 894

Estimated living cost  is ₽45216 per week

₽30946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽695
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9574
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽17179
₽1822
₽8881
₽280
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
6 370
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
12 997
Employee
32 441
-
35 305
-
pensions
3 653
-
3 975
-
income
4 450
-
4 843
-
health
3 715
-
4 043
-
total
11 818
-
12 861
-
Employer
32 441
-
35 305
-
pensions
5 275
-
5 741
-
accident
542
-
589
-
unemployment
795
-
865
-
total
6 612
-
7 195
-
Corporate
3 448
42 500
-
-
income

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

3 103
38 250
-
-
total
3 103
38 250
-
-
Dividends
345
4 250
-
-
withholding
65
807
-
-
total
65
807
-
-
Income
42 500
42 500
42 500
42 500
Total tax
21 598
39 057
20 056
12 997
After tax
20 902
3 443
22 444
29 503
Living cost
20 622
20 622
20 622
20 622
Free-cash
280
-17 179
1 822
8 881

Estimated living cost  is ₽20622 per week

₽15011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1176
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4049
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽6636
-₽9354
-₽2063
-₽16218
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
262
municipal
-
-
-
7 603
national
-
-
-
652
total
-
-
-
8 517
Employee
49 396
-
35 753
-
municipal
8 091
-
5 876
-
unemployment
741
-
536
-
pensions
3 334
-
2 412
-
national
816
-
77
-
health
369
-
159
-
total
13 351
-
9 060
-
Employer
49 396
-
35 753
-
health
380
-
276
-
pensions
8 570
-
6 204
-
accident
50
-
36
-
unemployment
321
-
232
-
total
9 321
-
6 748
-
Corporate
-
42 500
-
-
income
-
8 500
-
-
total
-
8 500
-
-
Dividends

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

-
25 500
-
-
municipal
-
4 590
-
-
national
-
-
-
-
total
-
4 590
-
-
Income
42 500
42 500
42 500
42 500
Total tax
22 672
13 090
15 808
8 517
After tax
19 828
29 410
26 692
33 983
Living cost
36 046
36 046
36 046
36 046
Free-cash
-16 218
-6 636
-9 354
-2 063

Estimated living cost  is ₽36046 per week

₽23545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3467
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8461
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽469
₽5296
₽13040
₽4556
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9
social contributions
-
-
-
6 630
health
-
-
-
1 083
total
-
-
-
7 722
Employee
72 195
72 195
72 195
-
social contributions
2 730
5 992
3 202
-
income
7 861
6 683
7 692
-
health
559
1 228
656
-
total
11 150
13 903
11 550
-
Employer
72 195
72 195
72 195
-
health
608
1 336
714
-
social contributions
2 730
5 992
3 202
-
total
3 338
7 328
3 916
-
Corporate
6 275
-
-
-
income
784
-
-
-
total
784
-
-
-
Dividends
5 491
-
-
-
withholding
934
-
-
-
total
934
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
16 206
21 231
15 466
7 722
After tax
26 294
21 269
27 034
34 778
Living cost
21 738
21 738
21 738
21 738
Free-cash
4 556
-469
5 296
13 040

Estimated living cost  is ₽21738 per week

₽13028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽20287
₽11489
₽14887
₽15512
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
3 309
unemployment
-
-
-
27
health
-
-
-
3 398
pensions
-
-
-
5 972
total
-
-
-
12 706
Employee

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

21 550
-
38 532
-
unemployment
107
-
192
-
pensions
3 232
-
5 780
-
income
1 473
-
2 890
-
health
1 832
-
3 275
-
total
6 644
-
12 137
-
Employer

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

21 550
-
38 532
-
health
926
-
1 657
-
pensions
1 185
-
2 118
-
unemployment
107
-
192
-
total
2 218
-
3 967
-
Corporate
18 731
42 500
-
-
income
1 685
3 825
-
-
total
1 685
3 825
-
-
Dividends
17 046
38 675
-
-
withholding
1 534
3 481
-
-
total
1 534
3 481
-
-
Income
42 500
42 500
42 500
42 500
Total tax
12 081
7 306
16 104
12 706
After tax
30 419
35 194
26 396
29 794
Living cost
14 907
14 907
14 907
14 907
Free-cash
15 512
20 287
11 489
14 887

Estimated living cost  is ₽14907 per week

₽9511
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1074
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.
₽3877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽2934
-₽1769
-₽2100
-₽3283
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
accident
-
-
-
383
income
-
-
-
6 030
other
-
-
-
43
unemployment
-
-
-
298
pensions
-
-
-
12 028
total
-
-
-
18 782
Employee
34 716
-
32 225
-
other
34
-
32
-
unemployment
538
-
499
-
pensions
1 632
-
1 514
-
income
6 693
-
6 133
-
total
8 897
-
8 178
-
Employer
34 716
-
32 225
-
pensions
8 192
-
7 604
-
accident
688
-
638
-
unemployment
1 910
-
1 773
-
other
278
-
258
-
total
11 068
-
10 273
-
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
-
7 373
-
-
total
-
7 373
-
-
Income
42 500
42 500
42 500
42 500
Total tax
19 965
13 748
18 451
18 782
After tax
22 535
28 752
24 049
23 718
Living cost
25 818
25 818
25 818
25 818
Free-cash
-3 283
2 934
-1 769
-2 100

Estimated living cost  is ₽25818 per week

₽17427
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2482
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5457
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽24623
₽24480
₽24614
₽24311
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
income
-
-
-
13 602
health
-
-
-
1 003
pensions
-
-
-
1 384
total
-
-
-
15 989
Employee
2 889
-
40 943
-
unemployment
29
-
69
-
pensions
260
-
623
-
income
559
-
13 529
-
health
144
-
346
-
total
992
-
14 567
-
Employer
2 889
-
40 943
-
health
275
-
657
-
pensions
318
-
761
-
unemployment
58
-
138
-
total
651
-
1 556
-
Corporate
38 960
42 500
-
-
income
8 571
9 350
-
-
total
8 571
9 350
-
-
Dividends
30 389
33 150
-
-
withholding
6 078
6 630
-
-
total
6 078
6 630
-
-
Income
42 500
42 500
42 500
42 500
Total tax
16 292
15 980
16 123
15 989
After tax
26 208
26 520
26 377
26 511
Living cost
1 897
1 897
1 897
1 897
Free-cash
24 311
24 623
24 480
24 614

Estimated living cost  is ₽1897 per week

₽1127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
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.
₽572
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽14461
₽6940
₽5111
₽9837
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
5 080
unemployment
-
-
-
637
health
-
-
-
4 377
pensions
-
-
-
11 050
total
-
-
-
21 144
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.

24 497
-
36 047
-
unemployment
184
-
270
-
pensions
3 430
-
5 047
-
income
3 377
-
5 690
-
health
1 262
-
1 856
-
total
8 253
-
12 863
-
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.

24 497
-
36 047
-
health
1 262
-
1 856
-
pensions
2 940
-
4 326
-
unemployment
184
-
270
-
total
4 386
-
6 452
-
Corporate
13 618
42 500
-
-
income
2 043
6 375
-
-
total
2 043
6 375
-
-
Dividends
11 576
36 125
-
-
withholding
1 736
5 419
-
-
total
1 736
5 419
-
-
Income
42 500
42 500
42 500
42 500
Total tax
16 418
11 794
19 315
21 144
After tax
26 082
30 706
23 185
21 356
Living cost
16 245
16 245
16 245
16 245
Free-cash
9 837
14 461
6 940
5 111

Estimated living cost  is ₽16245 per week

₽10938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1257
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.
₽3581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽1137
-₽1335
-₽441
-₽2595
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
2 860
surtax
-
-
-
-
social contributions

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

-
-
-
14 769
total
-
-
-
17 629
Employee
36 440
-
34 343
-
surtax
-
-
-
-
social contributions
4 009
-
3 777
-
income
7 120
-
6 589
-
total
11 129
-
10 366
-
Employer
36 440
-
34 343
-
social contributions
8 654
-
8 157
-
total
8 654
-
8 157
-
Corporate
-
42 500
-
-
income
-
8 925
-
-
surtax
-
-
-
-
total
-
8 925
-
-
Dividends
-
33 575
-
-
withholding
-
9 400
-
-
total
-
9 400
-
-
Income
42 500
42 500
42 500
42 500
Total tax
19 783
18 325
18 523
17 629
After tax
22 717
24 175
23 977
24 871
Living cost
25 312
25 312
25 312
25 312
Free-cash
-2 595
-1 137
-1 335
-441

Estimated living cost  is ₽25312 per week

₽17927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1759
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.
₽5178
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽4244
-₽8947
-₽9278
-₽17301
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
accident
-
-
-
383
income
-
-
-
6 030
other
-
-
-
43
unemployment
-
-
-
298
pensions
-
-
-
12 028
total
-
-
-
18 782
Employee
45 344
-
32 225
-
other
45
-
32
-
unemployment
702
-
499
-
pensions
2 131
-
1 514
-
income
9 471
-
6 133
-
total
12 349
-
8 178
-
Employer
45 344
-
32 225
-
pensions
10 701
-
7 604
-
accident
898
-
638
-
unemployment
2 494
-
1 773
-
other
363
-
258
-
total
14 456
-
10 273
-
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
-
7 373
-
-
total
-
7 373
-
-
Income
42 500
42 500
42 500
42 500
Total tax
26 805
13 748
18 451
18 782
After tax
15 695
28 752
24 049
23 718
Living cost
32 996
32 996
32 996
32 996
Free-cash
-17 301
-4 244
-8 947
-9 278

Estimated living cost  is ₽32996 per week

₽23697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2566
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽20187
₽11557
₽11217
₽14463
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 375
unemployment
-
-
-
131
health
-
-
-
3 772
pensions

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

-
-
-
4 854
total
-
-
-
15 132
Employee
21 387
-
36 066
-
accident

We are using the highest rate at 1.1%.

235
-
361
-
pensions

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

1 878
-
2 880
-
income
2 139
-
3 607
-
health
984
-
1 509
-
total
5 236
-
8 357
-
Employer
21 387
-
36 066
-
health
1 476
-
2 263
-
pensions

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

2 357
-
3 614
-
accident

We are using the highest rate at 1.1%.

235
-
361
-
unemployment
128
-
197
-
total
4 196
-
6 435
-
Corporate
16 917
42 500
-
-
income
1 692
4 250
-
-
total
1 692
4 250
-
-
Dividends
15 225
38 250
-
-
withholding
762
1 912
-
-
total
762
1 912
-
-
Income
42 500
42 500
42 500
42 500
Total tax
11 886
6 162
14 792
15 132
After tax
30 614
36 338
27 708
27 368
Living cost
16 151
16 151
16 151
16 151
Free-cash
14 463
20 187
11 557
11 217

Estimated living cost  is ₽16151 per week

₽10682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽14174
-₽3011
-₽3011
-₽4215
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
2 701
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.

-
-
-
148
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.

-
-
-
6 414
trade
-
-
-
-
total
-
-
-
9 263
Employee

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

46 715
-
42 500
-
surtax

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

212
-
148
-
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.

3 841
-
2 701
-
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.

6 414
-
6 414
-
total
10 467
-
9 263
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
42 500
-
-
income
-
6 375
-
-
surtax

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

-
351
-
-
chamber of commerce
-
205
-
-
trade
-
6 099
-
-
total
-
13 030
-
-
Dividends
-
29 470
-
-
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
-
7 011
-
-
total
-
7 396
-
-
Income
42 500
42 500
42 500
42 500
Total tax
10 467
20 426
9 263
9 263
After tax
32 033
22 074
33 237
33 237
Living cost
36 248
36 248
36 248
36 248
Free-cash
-4 215
-14 174
-3 011
-3 011

Estimated living cost  is ₽36248 per week

₽25004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3900
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6817
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽23733
-₽19240
-₽19240
-₽30942
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
income
-
-
-
5 561
social contributions
-
-
-
2 696
total
-
-
-
8 257
Employee
73 441
-
42 500
-
income
13 858
-
5 561
-
social contributions
6 101
-
2 696
-
total
19 959
-
8 257
-
Employer
73 441
-
42 500
-
total
-
-
-
-
Corporate
-
42 500
-
-
income
-
5 313
-
-
total
-
5 313
-
-
Dividends
-
37 187
-
-
withholding
-
7 437
-
-
total
-
7 437
-
-
Income
42 500
42 500
42 500
42 500
Total tax
19 959
12 750
8 257
8 257
After tax
22 541
29 750
34 243
34 243
Living cost
53 483
53 483
53 483
53 483
Free-cash
-30 942
-23 733
-19 240
-19 240

Estimated living cost  is ₽53483 per week

₽40689
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7925
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽10601
-₽2996
-₽23987
-₽7688
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 725
health

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

-
-
-
5 680
total
-
-
-
32 405
Employee
43 070
-
38 630
-
income
4 673
-
3 674
-
social contributions
4 315
-
3 870
-
total
8 988
-
7 544
-
Employer
43 070
-
38 630
-
social contributions
4 315
-
3 870
-
total
4 315
-
3 870
-
Corporate
-
42 500
-
-
income
-
14 875
-
-
total
-
14 875
-
-
Dividends
-
27 625
-
-
social contributions
2 803
4 144
-
-
total
2 803
4 144
-
-
Income
42 500
42 500
42 500
42 500
Total tax
16 106
19 019
11 414
32 405
After tax
26 394
23 481
31 086
10 095
Living cost
34 082
34 082
34 082
34 082
Free-cash
-7 688
-10 601
-2 996
-23 987

Estimated living cost  is ₽34082 per week

₽22449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2687
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8422
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽3147
-₽6709
-₽2790
-₽11291
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 049
pensions
-
-
-
2 253
total
-
-
-
10 302
Employee
48 026
-
38 266
-
pensions
3 666
-
2 496
-
income
8 746
-
7 070
-
health
626
-
425
-
total
13 038
-
9 991
-
Employer
48 026
-
38 266
-
health
913
-
726
-
pensions
4 852
-
3 504
-
total
5 765
-
4 230
-
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
-
2 583
-
-
total
-
2 583
-
-
Income
42 500
42 500
42 500
42 500
Total tax
18 803
10 659
14 221
10 302
After tax
23 697
31 841
28 279
32 198
Living cost
34 988
34 988
34 988
34 988
Free-cash
-11 291
-3 147
-6 709
-2 790

Estimated living cost  is ₽34988 per week

₽24001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽7329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽19221
-₽220
₽6839
-₽416
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
6 370
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
12 997
Employee
35 652
-
35 305
-
pensions
4 014
-
3 975
-
income
4 891
-
4 843
-
health
4 082
-
4 043
-
total
12 987
-
12 861
-
Employer
35 652
-
35 305
-
pensions
5 797
-
5 741
-
accident
595
-
589
-
unemployment
873
-
865
-
total
7 265
-
7 195
-
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
-
807
-
-
total
-
807
-
-
Income
42 500
42 500
42 500
42 500
Total tax
20 252
39 057
20 056
12 997
After tax
22 248
3 443
22 444
29 503
Living cost
22 664
22 664
22 664
22 664
Free-cash
-416
-19 221
-220
6 839

Estimated living cost  is ₽22664 per week

₽16633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1321
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽23438
₽12977
₽12977
₽18871
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 148
unemployment
-
-
-
510
work injury
-
-
-
213
health insurance
-
-
-
3 145
pensions
-
-
-
7 820
total
-
-
-
16 836
Employee

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

20 298
-
42 500
-
health insurance
1 502
-
3 145
-
unemployment
244
-
510
-
work injury
101
-
213
-
pensions
3 735
-
7 820
-
income
2 030
-
5 148
-
total
7 612
-
16 836
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
22 202
42 500
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

-
-
-
-
total
-
-
-
-
Dividends
22 202
42 500
-
-
withholding
3 330
6 375
-
-
total
3 330
6 375
-
-
Income
42 500
42 500
42 500
42 500
Total tax
10 942
6 375
16 836
16 836
After tax
31 558
36 125
25 664
25 664
Living cost
12 687
12 687
12 687
12 687
Free-cash
18 871
23 438
12 977
12 977

Estimated living cost  is ₽12687 per week

₽7860
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽922
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽396
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3509
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
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Source of data for Skopje model

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Rome , Italy
-₽15016
-₽16525
-₽14166
-₽36616
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
594
municipal
-
-
-
283
national
-
-
-
7 455
total
-
-
-
19 263
Employee
79 116
-
42 500
-
municipal
472
-
253
-
national
13 370
-
6 537
-
regional
1 194
-
502
-
social contributions
26 677
-
14 330
-
total
41 713
-
21 622
-
Employer
79 116
-
42 500
-
total
-
-
-
-
Corporate
-
42 500
-
-
municipal
-
2 049
-
-
nationa
-
10 200
-
-
total
-
12 249
-
-
Dividends
-
30 251
-
-
withholding
-
7 864
-
-
total
-
7 864
-
-
Income
42 500
42 500
42 500
42 500
Total tax
41 713
20 113
21 622
19 263
After tax
787
22 387
20 878
23 237
Living cost
37 403
37 403
37 403
37 403
Free-cash
-36 616
-15 016
-16 525
-14 166

Estimated living cost  is ₽37403 per week

₽26273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7991
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other 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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