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
₽3826
-₽6419
₽5149
₽5149
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
42 500
trade
-
-
-
-
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.

-
-
-
2 817
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.

-
-
-
6 327
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.

-
-
-
155
total
-
-
-
9 299
Employee

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

35 423
-
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.

54
-
155
-
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.

6 327
-
6 327
-
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.

989
-
2 817
-
total
7 370
-
9 299
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
7 077
42 500
-
-
trade
1 114
6 694
-
-
income
1 062
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.

58
350
-
-
chamber of commerce
151
202
-
-
total
2 385
13 621
-
-
Dividends
4 692
28 879
-
-
withholding
821
6 868
-
-
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.

46
378
-
-
total
867
7 246
-
-
Income
42 500
42 500
42 500
42 500
Total tax
10 622
20 867
9 299
9 299
After tax
31 878
21 633
33 201
33 201
Living cost
28 052
28 052
28 052
28 052
Free-cash
3 826
-6 419
5 149
5 149

Estimated living cost  is ₽28052 per week

₽17646
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3271
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6612
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽40252
-₽22420
-₽21231
-₽21564
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
social contributions
-
-
-
457
pensions
-
-
-
5 100
municipal
-
-
-
3 752
national
-
-
-
5 815
total
-
-
-
15 124
Employee
75 866
-
36 741
-
national
14 521
-
6 070
-
municipal
9 371
-
3 917
-
pensions
3 035
-
1 470
-
total
26 927
-
11 457
-
Employer
75 866
-
36 741
-
pensions
6 069
-
2 939
-
social contributions
816
-
395
-
total
6 885
-
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
33 812
15 980
14 791
15 124
After tax
8 688
26 520
27 709
27 376
Living cost
48 940
48 940
48 940
48 940
Free-cash
-40 252
-22 420
-21 231
-21 564

Estimated living cost  is ₽48940 per week

₽33264
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4549
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽732
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10394
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽7135
₽14733
₽5117
₽13941
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
42 500
social contributions

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

-
-
-
2 916
income
-
-
-
-
microenterprise
-
-
-
6 375
surtax
-
-
-
-
total
-
-
-
9 291
Employee
27 062
-
34 248
-
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.

2 977
-
3 768
-
income
4 817
-
6 097
-
total
7 794
-
9 865
-
Employer
27 062
-
34 248
-
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.

6 519
-
8 250
-
surtax
-
-
-
-
total
6 519
-
8 250
-
Corporate
8 919
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%.

1 784
8 499
-
-
total
1 784
8 499
-
-
Dividends

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

7 135
34 001
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
16 097
8 499
18 115
9 291
After tax
26 403
34 001
24 385
33 209
Living cost
19 268
19 268
19 268
19 268
Free-cash
7 135
14 733
5 117
13 941

Estimated living cost  is ₽19268 per week

₽12292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1835
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.
₽4703
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽49469
-₽44271
-₽49469
-₽14395
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 922
pensions
-
-
-
7 651
health
-
-
-
6 524
total
-
-
-
18 097
Employee
79 089
79 089
79 089
-
health
12 139
10 326
12 139
-
pensions
14 236
10 851
14 236
-
income

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

12 946
12 946
12 946
-
total
39 321
34 123
39 321
-
Employer
79 089
79 089
79 089
-
pensions
5 505
5 505
5 505
-
unemployment
2 847
2 847
2 847
-
health
5 498
5 498
5 498
-
total
13 850
13 850
13 850
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
53 171
47 973
53 171
18 097
After tax
-10 671
-5 473
-10 671
24 403
Living cost
38 798
38 798
38 798
38 798
Free-cash
-49 469
-44 271
-49 469
-14 395

Estimated living cost  is ₽38798 per week

₽27495
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3497
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7188
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽30724
-₽15898
-₽16409
-₽17917
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
other
-
-
-
4 938
unemployment
-
-
-
43
pensions
-
-
-
4 594
municipal
-
-
-
9 002
accident
-
-
-
85
national
-
-
-
-
health
-
-
-
2 652
total
-
-
-
21 314
Employee
55 718
-
32 339
-
national
-
-
-
-
municipal
16 615
-
9 644
-
total
16 615
-
9 644
-
Employer
55 718
-
32 339
-
other
6 474
-
3 758
-
accident
111
-
65
-
pensions
6 023
-
3 496
-
unemployment
1 471
-
854
-
health
3 427
-
1 989
-
total
17 506
-
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
34 121
19 295
19 806
21 314
After tax
8 379
23 205
22 694
21 186
Living cost
39 103
39 103
39 103
39 103
Free-cash
-30 724
-15 898
-16 409
-17 917

Estimated living cost  is ₽39103 per week

₽25916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8756
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽4466
-₽14968
-₽3182
-₽3182
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
42 500
trade
-
-
-
-
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.

-
-
-
2 817
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.

-
-
-
6 327
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.

-
-
-
155
total
-
-
-
9 299
Employee

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

46 967
-
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.

221
-
155
-
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.

6 327
-
6 327
-
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.

4 035
-
2 817
-
total
10 583
-
9 299
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
42 500
-
-
trade
-
6 991
-
-
income
-
6 375
-
-
surtax

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

-
350
-
-
chamber of commerce
-
200
-
-
total
-
13 916
-
-
Dividends
-
28 584
-
-
withholding
-
6 795
-
-
surtax

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

-
374
-
-
total
-
7 169
-
-
Income
42 500
42 500
42 500
42 500
Total tax
10 583
21 085
9 299
9 299
After tax
31 917
21 415
33 201
33 201
Living cost
36 383
36 383
36 383
36 383
Free-cash
-4 466
-14 968
-3 182
-3 182

Estimated living cost  is ₽36383 per week

₽24333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3837
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.
₽7670
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽3419
-₽8484
-₽2884
₽4644
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
social contributions
-
-
-
6 629
income
-
-
-
104
health
-
-
-
1 084
total
-
-
-
7 817
Employee
71 216
71 216
71 216
-
health
708
1 211
656
-
social contributions
3 461
5 911
3 202
-
income
7 478
6 593
7 571
-
total
11 647
13 715
11 429
-
Employer
71 216
71 216
71 216
-
social contributions
3 461
5 911
3 202
-
health
772
1 318
714
-
total
4 233
7 229
3 916
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
15 880
20 944
15 345
7 817
After tax
26 620
21 556
27 155
34 683
Living cost
30 039
30 039
30 039
30 039
Free-cash
-3 419
-8 484
-2 884
4 644

Estimated living cost  is ₽30039 per week

₽20535
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2346
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽6934
₽6570
₽7065
₽11869
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

25 368
10 096
35 565
-
unemployment
381
151
533
-
health
1 776
707
2 490
-
pensions
2 537
1 010
3 556
-
income
3 101
1 234
4 348
-
total
7 795
3 102
10 927
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 368
10 096
35 565
-
pensions
4 947
1 969
6 935
-
total
4 947
1 969
6 935
-
Corporate
12 186
30 435
-
-
income
1 097
2 739
-
-
total
1 097
2 739
-
-
Dividends
11 089
27 696
-
-
withholding
2 107
5 262
-
-
social contributions
2 047
5 285
-
-
total
4 154
10 547
-
-
Income
42 500
42 500
42 500
42 500
Total tax
17 993
18 357
17 862
13 058
After tax
24 507
24 143
24 638
29 442
Living cost
17 573
17 573
17 573
17 573
Free-cash
6 934
6 570
7 065
11 869

Estimated living cost  is ₽17573 per week

₽11992
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3792
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽5876
₽11631
₽3648
₽2168
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 937
pensions
-
-
-
8 499
health
-
-
-
5 526
total
-
-
-
17 962
Employee
26 273
-
31 761
-
unemployment
420
-
508
-
pensions
526
-
634
-
income
2 958
-
4 605
-
total
3 904
-
5 747
-
Employer
26 273
-
31 761
-
pensions
5 255
-
6 352
-
unemployment
211
-
255
-
health
3 415
-
4 128
-
total
8 881
-
10 735
-
Corporate
7 346
42 500
-
-
income
1 469
8 499
-
-
total
1 469
8 499
-
-
Dividends
5 877
34 001
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
14 254
8 499
16 482
17 962
After tax
28 246
34 001
26 018
24 538
Living cost
22 370
22 370
22 370
22 370
Free-cash
5 876
11 631
3 648
2 168

Estimated living cost  is ₽22370 per week

₽15343
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1332
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.
₽5244
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
₽256
-₽17332
₽1669
₽8725
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
350
income
-
-
-
6 424
pensions
-
-
-
3 929
accident
-
-
-
238
health
-
-
-
2 059
total
-
-
-
13 000
Employee
32 681
-
35 305
-
health
3 742
-
4 042
-
pensions
3 680
-
3 975
-
income
4 483
-
4 843
-
total
11 905
-
12 860
-
Employer
32 681
-
35 305
-
accident
546
-
590
-
pensions
5 314
-
5 741
-
unemployment
801
-
865
-
total
6 661
-
7 196
-
Corporate
3 159
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.

2 843
38 250
-
-
total
2 843
38 250
-
-
Dividends
316
4 250
-
-
withholding
60
807
-
-
total
60
807
-
-
Income
42 500
42 500
42 500
42 500
Total tax
21 469
39 057
20 056
13 000
After tax
21 031
3 443
22 444
29 500
Living cost
20 775
20 775
20 775
20 775
Free-cash
256
-17 332
1 669
8 725

Estimated living cost  is ₽20775 per week

₽15227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3965
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽31379
₽32799
₽26424
₽34499
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 469
-
42 500
-
income
1 894
-
8 500
-
total
1 894
-
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%.

33 031
42 500
-
-
total
-
-
-
-
Dividends
33 031
42 500
-
-
withholding
1 651
2 125
-
-
total
1 651
2 125
-
-
Income
42 500
42 500
42 500
42 500
Total tax
3 545
2 125
8 500
425
After tax
38 955
40 375
34 000
42 075
Living cost
7 576
7 576
7 576
7 576
Free-cash
31 379
32 799
26 424
34 499

Estimated living cost  is ₽7576 per week

₽4695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽630
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.
₽2043
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽293
₽6547
₽236
-₽1665
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

-
-
-
10 201
health
-
-
-
1 870
total
-
-
-
19 487
Employee
33 627
-
33 948
-
unemployment
336
-
339
-
health
471
-
475
-
pensions

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

2 353
-
2 376
-
income
5 789
-
5 844
-
total
8 949
-
9 034
-
Employer
33 627
-
33 948
-
other
1 682
-
1 696
-
accident
269
-
272
-
pensions

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

5 717
-
5 770
-
unemployment
336
-
339
-
health
471
-
475
-
total
8 475
-
8 552
-
Corporate
398
42 500
-
-
income
84
8 925
-
-
total
84
8 925
-
-
Dividends
313
33 575
-
-
withholding
21
2 350
-
-
total
21
2 350
-
-
Income
42 500
42 500
42 500
42 500
Total tax
17 529
11 275
17 586
19 487
After tax
24 971
31 225
24 914
23 013
Living cost
24 678
24 678
24 678
24 678
Free-cash
293
6 547
236
-1 665

Estimated living cost  is ₽24678 per week

₽17437
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and 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 Bratislava model

Close
London , United Kingdom
-₽55306
-₽28953
-₽32627
-₽28640
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 038
pensions
-
-
-
2 306
total
-
-
-
10 344
Employee
86 017
-
38 214
-
health
1 417
-
438
-
pensions
8 298
-
2 563
-
income
15 505
-
7 043
-
total
25 220
-
10 044
-
Employer
86 017
-
38 214
-
pensions
10 156
-
3 560
-
health
1 634
-
727
-
total
11 790
-
4 287
-
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.

-
8 074
-
-
total
-
8 074
-
-
Dividends
-
34 426
-
-
withholding
-
2 583
-
-
total
-
2 583
-
-
Income
42 500
42 500
42 500
42 500
Total tax
37 010
10 657
14 331
10 344
After tax
5 490
31 843
28 169
32 156
Living cost
60 796
60 796
60 796
60 796
Free-cash
-55 306
-28 953
-32 627
-28 640

Estimated living cost  is ₽60796 per week

₽45555
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7143
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽19828
₽24147
₽15622
₽15263
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
unemployment
-
-
-
130
income
-
-
-
6 375
pensions

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

-
-
-
4 807
health
-
-
-
3 735
total
-
-
-
15 047
Employee
16 142
-
36 128
-
accident

We are using the highest rate at 1.1%.

178
-
357
-
health
742
-
1 494
-
pensions

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

1 417
-
2 852
-
income
1 614
-
3 613
-
total
3 951
-
8 316
-
Employer
16 142
-
36 128
-
accident

We are using the highest rate at 1.1%.

178
-
357
-
pensions

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

1 779
-
3 579
-
unemployment
97
-
195
-
health
1 114
-
2 241
-
total
3 168
-
6 372
-
Corporate
23 191
42 500
-
-
income
2 319
4 250
-
-
total
2 319
4 250
-
-
Dividends
20 871
38 250
-
-
withholding
1 044
1 913
-
-
total
1 044
1 913
-
-
Income
42 500
42 500
42 500
42 500
Total tax
10 482
6 163
14 688
15 047
After tax
32 018
36 337
27 812
27 453
Living cost
12 190
12 190
12 190
12 190
Free-cash
19 828
24 147
15 622
15 263

Estimated living cost  is ₽12190 per week

₽7117
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽871
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽323
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3880
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽58400
-₽56829
-₽62027
-₽26953
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 922
pensions
-
-
-
7 651
health
-
-
-
6 524
total
-
-
-
18 097
Employee
85 865
79 089
79 089
-
health
10 712
10 326
12 139
-
pensions
10 851
10 851
14 236
-
income

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

12 946
12 946
12 946
-
total
34 509
34 123
39 321
-
Employer
85 865
79 089
79 089
-
pensions
5 976
5 505
5 505
-
unemployment
3 092
2 847
2 847
-
health
5 967
5 498
5 498
-
total
15 035
13 850
13 850
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
49 544
47 973
53 171
18 097
After tax
-7 044
-5 473
-10 671
24 403
Living cost
51 356
51 356
51 356
51 356
Free-cash
-58 400
-56 829
-62 027
-26 953

Estimated living cost  is ₽51356 per week

₽37884
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4587
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8297
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽3042
₽6150
-₽1544
-₽2411
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
social contributions
-
-
-
12 410
income
-
-
-
3 653
health
-
-
-
5 737
solidarity contribution
-
-
-
-
total
-
-
-
21 800
Employee
33 986
-
31 716
-
solidarity contribution
-
-
-
-
health
4 588
-
4 282
-
social contributions
2 209
-
2 062
-
income
4 078
-
3 806
-
total
10 875
-
10 150
-
Employer
33 986
-
31 716
-
social contributions
8 497
-
7 929
-
health
3 059
-
2 854
-
total
11 556
-
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
22 431
13 239
20 933
21 800
After tax
20 069
29 261
21 567
20 700
Living cost
23 111
23 111
23 111
23 111
Free-cash
-3 042
6 150
-1 544
-2 411

Estimated living cost  is ₽23111 per week

₽16053
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽39810
-₽16405
-₽18038
-₽15642
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
regional
-
-
-
407
social contributions
-
-
-
10 932
municipal
-
-
-
253
national
-
-
-
7 470
total
-
-
-
19 062
Employee
82 310
-
42 500
-
national
14 262
-
6 550
-
regional
777
-
352
-
municipal
436
-
225
-
social contributions
27 755
-
14 331
-
total
43 230
-
21 458
-
Employer
82 310
-
42 500
-
total
-
-
-
-
Corporate
-
42 500
-
-
nationa
-
10 201
-
-
municipal
-
1 657
-
-
total
-
11 858
-
-
Dividends
-
30 642
-
-
withholding
-
7 967
-
-
total
-
7 967
-
-
Income
42 500
42 500
42 500
42 500
Total tax
43 230
19 825
21 458
19 062
After tax
-730
22 675
21 042
23 438
Living cost
39 080
39 080
39 080
39 080
Free-cash
-39 810
-16 405
-18 038
-15 642

Estimated living cost  is ₽39080 per week

₽27242
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.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8675
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽3412
₽6296
₽2924
₽3967
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
other
-
-
-
-
unemployment
-
-
-
211
income
-
-
-
6 155
pensions
-
-
-
8 499
health
-
-
-
3 018
surtax
-
-
-
213
total
-
-
-
18 096
Employee
30 627
-
35 110
-
surtax
100
-
183
-
unemployment
2 132
-
2 443
-
other
-
-
-
-
health
782
-
895
-
pensions
2 042
-
2 341
-
income
5 134
-
5 886
-
total
10 190
-
11 748
-
Employer
30 627
-
35 110
-
other
-
-
-
-
pensions
4 083
-
4 680
-
unemployment
970
-
1 113
-
health
1 394
-
1 598
-
total
6 447
-
7 391
-
Corporate
5 426
42 500
-
-
income
1 411
11 050
-
-
total
1 411
11 050
-
-
Dividends
4 015
31 450
-
-
withholding
603
4 717
-
-
total
603
4 717
-
-
Income
42 500
42 500
42 500
42 500
Total tax
18 651
15 767
19 139
18 096
After tax
23 849
26 733
23 361
24 404
Living cost
20 437
20 437
20 437
20 437
Free-cash
3 412
6 296
2 924
3 967

Estimated living cost  is ₽20437 per week

₽12496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1886
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5584
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽22481
-₽9691
-₽13365
-₽9378
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 038
pensions
-
-
-
2 306
total
-
-
-
10 344
Employee
57 646
-
38 214
-
health
837
-
438
-
pensions
4 893
-
2 563
-
income
10 382
-
7 043
-
total
16 112
-
10 044
-
Employer
57 646
-
38 214
-
pensions
6 240
-
3 560
-
health
1 095
-
727
-
total
7 335
-
4 287
-
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.

-
8 074
-
-
total
-
8 074
-
-
Dividends
-
34 426
-
-
withholding
-
2 583
-
-
total
-
2 583
-
-
Income
42 500
42 500
42 500
42 500
Total tax
23 447
10 657
14 331
10 344
After tax
19 053
31 843
28 169
32 156
Living cost
41 534
41 534
41 534
41 534
Free-cash
-22 481
-9 691
-13 365
-9 378

Estimated living cost  is ₽41534 per week

₽31117
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3113
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6869
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Cambridge model

Close
Zurich , Switzerland
-₽54024
-₽55872
-₽41772
-₽39041
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
849
city
-
-
-
447
regional
-
-
-
708
pensions
-
-
-
3 911
national
-
-
-
73
health
-
-
-
246
total
-
-
-
6 234
Employee
88 128
-
37 725
-
national
417
-
44
-
unemployment
-
-
-
-
city
946
-
400
-
regional
2 886
-
557
-
health
199
-
85
-
pensions
7 404
-
3 520
-
total
11 852
-
4 606
-
Employer
88 128
-
37 725
-
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.

1 762
-
754
-
pensions
7 404
-
3 520
-
unemployment
-
-
-
-
health
199
-
85
-
total
9 365
-
4 359
-
Corporate
-
42 500
-
-
regional
-
8 988
-
-
national
-
3 613
-
-
total
-
12 601
-
-
Dividends
-
29 899
-
-
withholding
-
10 464
-
-
total
-
10 464
-
-
Income
42 500
42 500
42 500
42 500
Total tax
21 217
23 065
8 965
6 234
After tax
21 283
19 435
33 535
36 266
Living cost
75 307
75 307
75 307
75 307
Free-cash
-54 024
-55 872
-41 772
-39 041

Estimated living cost  is ₽75307 per week

₽48971
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽925
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18653
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽13159
-₽21228
-₽9226
-₽9226
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
42 500
trade
-
-
-
-
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.

-
-
-
2 817
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.

-
-
-
6 327
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.

-
-
-
155
total
-
-
-
9 299
Employee

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

55 660
-
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.

360
-
155
-
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.

6 327
-
6 327
-
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.

6 545
-
2 817
-
total
13 232
-
9 299
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
42 500
-
-
trade
-
7 288
-
-
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.

-
350
-
-
chamber of commerce
-
200
-
-
total
-
14 213
-
-
Dividends
-
28 287
-
-
withholding
-
6 719
-
-
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
-
-
total
-
7 088
-
-
Income
42 500
42 500
42 500
42 500
Total tax
13 232
21 301
9 299
9 299
After tax
29 268
21 199
33 201
33 201
Living cost
42 427
42 427
42 427
42 427
Free-cash
-13 159
-21 228
-9 226
-9 226

Estimated living cost  is ₽42427 per week

₽30987
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3394
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽9517
-₽10269
-₽5346
-₽5978
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
other
-
-
-
1 318
social contributions
-
-
-
1 211
income
-
-
-
1 369
pensions
-
-
-
12 524
health
-
-
-
369
surtax
-
-
-
-
total
-
-
-
16 791
Employee
39 638
-
32 385
-
surtax
-
-
-
-
pensions
4 482
-
3 661
-
social contributions
1 130
-
923
-
income
2 339
-
1 462
-
total
7 951
-
6 046
-
Employer
39 638
-
32 385
-
other
1 367
-
1 118
-
pensions
6 512
-
5 320
-
unemployment
1 605
-
1 311
-
social contributions
120
-
97
-
health
2 775
-
2 267
-
total
12 379
-
10 113
-
Corporate
-
42 500
-
-
income
-
11 900
-
-
surtax
-
-
-
-
total
-
11 900
-
-
Dividends
-
30 600
-
-
withholding
-
3 918
-
-
social contributions
-
5 264
-
-
surtax
-
-
-
-
total
-
9 182
-
-
Income
42 500
42 500
42 500
42 500
Total tax
20 330
21 082
16 159
16 791
After tax
22 170
21 418
26 341
25 709
Living cost
31 687
31 687
31 687
31 687
Free-cash
-9 517
-10 269
-5 346
-5 978

Estimated living cost  is ₽31687 per week

₽19980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2577
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.
₽8593
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽3930
-₽7129
-₽2206
-₽2838
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
other
-
-
-
1 318
social contributions
-
-
-
1 211
income
-
-
-
1 369
pensions
-
-
-
12 524
health
-
-
-
369
surtax
-
-
-
-
total
-
-
-
16 791
Employee
35 382
-
32 385
-
surtax
-
-
-
-
pensions
4 002
-
3 661
-
social contributions
1 009
-
923
-
income
1 824
-
1 462
-
total
6 835
-
6 046
-
Employer
35 382
-
32 385
-
other
1 221
-
1 118
-
pensions
5 814
-
5 320
-
unemployment
1 432
-
1 311
-
social contributions
105
-
97
-
health
2 476
-
2 267
-
total
11 048
-
10 113
-
Corporate
-
42 500
-
-
income
-
11 900
-
-
surtax
-
-
-
-
total
-
11 900
-
-
Dividends
-
30 600
-
-
withholding
-
3 918
-
-
social contributions
-
5 264
-
-
surtax
-
-
-
-
total
-
9 182
-
-
Income
42 500
42 500
42 500
42 500
Total tax
17 883
21 082
16 159
16 791
After tax
24 617
21 418
26 341
25 709
Living cost
28 547
28 547
28 547
28 547
Free-cash
-3 930
-7 129
-2 206
-2 838

Estimated living cost  is ₽28547 per week

₽16556
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2900
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8550
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽6529
₽6292
₽6238
₽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
social contributions
-
-
-
5 865
income
-
-
-
6 375
health
-
-
-
2 967
total
-
-
-
15 207
Employee
31 402
-
42 500
-
health
2 192
-
2 967
-
social contributions
4 334
-
5 865
-
income
5 237
-
7 791
-
total
11 763
-
16 623
-
Employer
31 402
-
42 500
-
total
-
-
-
-
Corporate
11 098
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%.

555
2 125
-
-
total
555
2 125
-
-
Dividends
10 543
40 375
-
-
health
817
2 817
-
-
withholding
1 582
6 056
-
-
social contributions
1 615
5 571
-
-
total
4 014
14 444
-
-
Income
42 500
42 500
42 500
42 500
Total tax
16 332
16 569
16 623
15 207
After tax
26 168
25 931
25 877
27 293
Living cost
19 639
19 639
19 639
19 639
Free-cash
6 529
6 292
6 238
7 654

Estimated living cost  is ₽19639 per week

₽13143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1211
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.
₽4831
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽18165
-₽11224
-₽16118
-₽8873
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
chamber of commerce
-
-
-
170
unemployment
-
-
-
5 680
income
-
-
-
1 592
pensions
-
-
-
7 863
health
-
-
-
3 251
surtax
-
-
-
183
total
-
-
-
18 739
Employee
46 285
36 908
36 908
-
unemployment
1 388
1 107
979
-
other
462
369
327
-
health
1 791
1 429
1 262
-
pensions
4 740
3 779
3 339
-
income
5 269
2 722
2 918
-
total
13 650
9 406
8 825
-
Employer
46 285
36 908
36 908
-
payroll
1 388
1 107
1 107
-
other
2 199
1 752
1 717
-
accident
601
480
424
-
pensions
5 809
4 633
4 093
-
unemployment
1 388
1 107
979
-
chamber of commerce
185
148
148
-
surtax
183
183
183
-
health
1 749
1 395
1 232
-
total
13 502
10 805
9 883
-
Corporate
3 515
3 515
29 102
-
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.

879
879
7 276
-
total
879
879
7 276
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
28 031
21 090
25 984
18 739
After tax
14 469
21 410
16 516
23 761
Living cost
32 634
32 634
32 634
32 634
Free-cash
-18 165
-11 224
-16 118
-8 873

Estimated living cost  is ₽32634 per week

₽21765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
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.
₽7549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽43032
-₽9749
-₽14822
-₽9444
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
social contributions
-
-
-
3 925
national
-
-
-
11 936
communal

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

-
-
-
2 315
total
-
-
-
18 176
Employee

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

66 248
-
32 918
-
national
20 367
-
7 954
-
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.

576
-
286
-
health

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

3 113
-
1 547
-
pensions

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

4 969
-
2 469
-
communal

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

3 455
-
1 717
-
total
32 480
-
13 973
-
Employer

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

66 248
-
32 918
-
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.

861
-
427
-
pensions

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

5 870
-
2 916
-
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.

967
-
480
-
surtax
7 512
-
3 733
-
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.

4 074
-
2 025
-
total
19 284
-
9 581
-
Corporate
-
42 500
-
-
income
-
8 499
-
-
surtax
-
170
-
-
total
-
8 669
-
-
Dividends
-
33 830
-
-
withholding

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

-
9 812
-
-
total
-
9 812
-
-
Income
42 500
42 500
42 500
42 500
Total tax
51 764
18 481
23 554
18 176
After tax
-9 264
24 019
18 946
24 324
Living cost
33 768
33 768
33 768
33 768
Free-cash
-43 032
-9 749
-14 822
-9 444

Estimated living cost  is ₽33768 per week

₽21751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8536
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽18296
-₽4697
-₽9415
-₽9743
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42
unemployment
-
-
-
297
income
-
-
-
6 047
pensions
-
-
-
12 027
accident
-
-
-
383
total
-
-
-
18 796
Employee
46 101
-
32 225
-
unemployment
715
-
499
-
other
46
-
32
-
pensions
2 167
-
1 515
-
income
9 727
-
6 149
-
total
12 655
-
8 195
-
Employer
46 101
-
32 225
-
other
367
-
258
-
accident
912
-
638
-
pensions
10 879
-
7 605
-
unemployment
2 536
-
1 772
-
total
14 694
-
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
-
7 375
-
-
total
-
7 375
-
-
Income
42 500
42 500
42 500
42 500
Total tax
27 349
13 750
18 468
18 796
After tax
15 151
28 750
24 032
23 704
Living cost
33 447
33 447
33 447
33 447
Free-cash
-18 296
-4 697
-9 415
-9 743

Estimated living cost  is ₽33447 per week

₽24630
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2373
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5962
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽36015
-₽23589
-₽21925
-₽21922
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 117
pensions
-
-
-
7 051
accident
-
-
-
397
communal
-
-
-
-
health
-
-
-
3 304
surtax
-
-
-
2 222
total
-
-
-
14 091
Employee
70 136
-
37 233
-
surtax
4 299
-
2 222
-
health
3 121
-
1 961
-
pensions
5 610
-
3 526
-
income
6 774
-
1 117
-
total
19 804
-
8 826
-
Employer
70 136
-
37 233
-
accident
631
-
397
-
pensions
5 610
-
3 526
-
health
2 139
-
1 345
-
total
8 380
-
5 268
-
Corporate
-
42 500
-
-
income
-
6 375
-
-
communal
-
2 868
-
-
surtax
-
446
-
-
total
-
9 689
-
-
Dividends
-
32 811
-
-
withholding
-
4 921
-
-
income
-
1 148
-
-
total
-
6 069
-
-
Income
42 500
42 500
42 500
42 500
Total tax
28 184
15 758
14 094
14 091
After tax
14 316
26 742
28 406
28 409
Living cost
50 331
50 331
50 331
50 331
Free-cash
-36 015
-23 589
-21 925
-21 922

Estimated living cost  is ₽50331 per week

₽37755
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3049
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8992
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽2984
₽5931
₽2559
₽3602
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
other
-
-
-
-
unemployment
-
-
-
211
income
-
-
-
6 155
pensions
-
-
-
8 499
health
-
-
-
3 018
surtax
-
-
-
213
total
-
-
-
18 096
Employee
31 189
-
35 110
-
surtax
111
-
183
-
unemployment
2 171
-
2 443
-
other
-
-
-
-
health
796
-
895
-
pensions
2 081
-
2 341
-
income
5 229
-
5 886
-
total
10 388
-
11 748
-
Employer
31 189
-
35 110
-
other
-
-
-
-
pensions
4 158
-
4 680
-
unemployment
989
-
1 113
-
health
1 418
-
1 598
-
total
6 565
-
7 391
-
Corporate
4 745
42 500
-
-
income
1 234
11 050
-
-
total
1 234
11 050
-
-
Dividends
3 511
31 450
-
-
withholding
527
4 717
-
-
total
527
4 717
-
-
Income
42 500
42 500
42 500
42 500
Total tax
18 714
15 767
19 139
18 096
After tax
23 786
26 733
23 361
24 404
Living cost
20 802
20 802
20 802
20 802
Free-cash
2 984
5 931
2 559
3 602

Estimated living cost  is ₽20802 per week

₽12559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1809
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5953
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8875
-₽2611
-₽4126
-₽1744
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
regional
-
-
-
641
social contributions
-
-
-
10 932
municipal
-
-
-
253
national
-
-
-
7 470
total
-
-
-
19 296
Employee
51 375
-
42 500
-
national
8 139
-
6 550
-
regional
692
-
572
-
municipal
272
-
225
-
social contributions
17 324
-
14 331
-
total
26 427
-
21 678
-
Employer
51 375
-
42 500
-
total
-
-
-
-
Corporate
-
42 500
-
-
nationa
-
10 201
-
-
municipal
-
2 113
-
-
total
-
12 314
-
-
Dividends
-
30 187
-
-
withholding
-
7 849
-
-
total
-
7 849
-
-
Income
42 500
42 500
42 500
42 500
Total tax
26 427
20 163
21 678
19 296
After tax
16 073
22 337
20 822
23 204
Living cost
24 948
24 948
24 948
24 948
Free-cash
-8 875
-2 611
-4 126
-1 744

Estimated living cost  is ₽24948 per week

₽15516
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2527
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6478
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽13619
₽783
-₽6911
-₽7778
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
social contributions
-
-
-
12 410
income
-
-
-
3 653
health
-
-
-
5 737
solidarity contribution
-
-
-
-
total
-
-
-
21 800
Employee
41 880
-
31 716
-
solidarity contribution
-
-
-
-
health
5 654
-
4 282
-
social contributions
2 722
-
2 062
-
income
5 026
-
3 806
-
total
13 402
-
10 150
-
Employer
41 880
-
31 716
-
social contributions
10 470
-
7 929
-
health
3 769
-
2 854
-
total
14 239
-
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
27 641
13 239
20 933
21 800
After tax
14 859
29 261
21 567
20 700
Living cost
28 478
28 478
28 478
28 478
Free-cash
-13 619
783
-6 911
-7 778

Estimated living cost  is ₽28478 per week

₽21178
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1578
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽10513
-₽7954
-₽12934
-₽5603
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
chamber of commerce
-
-
-
170
unemployment
-
-
-
5 680
income
-
-
-
1 592
pensions
-
-
-
7 863
health
-
-
-
3 251
surtax
-
-
-
-
total
-
-
-
18 556
Employee
40 484
36 908
36 908
-
unemployment
1 214
1 107
982
-
other
404
369
327
-
health
1 566
1 429
1 269
-
pensions
4 146
3 779
3 355
-
income
3 606
2 722
2 910
-
total
10 936
9 406
8 843
-
Employer
40 484
36 908
36 908
-
payroll
1 214
1 107
1 107
-
other
1 923
1 752
1 717
-
accident
526
480
425
-
pensions
5 081
4 633
4 113
-
unemployment
1 214
1 107
982
-
chamber of commerce
162
148
148
-
surtax
-
-
-
-
health
1 531
1 395
1 239
-
total
11 651
10 622
9 731
-
Corporate
3 515
3 515
29 253
-
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.

879
879
7 313
-
total
879
879
7 313
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
23 466
20 907
25 887
18 556
After tax
19 034
21 593
16 613
23 944
Living cost
29 547
29 547
29 547
29 547
Free-cash
-10 513
-7 954
-12 934
-5 603

Estimated living cost  is ₽29547 per week

₽17725
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3018
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8278
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽26356
₽28570
₽22195
₽30270
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 757
-
42 500
-
income
2 952
-
8 500
-
total
2 952
-
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%.

27 743
42 500
-
-
total
-
-
-
-
Dividends
27 743
42 500
-
-
withholding
1 387
2 125
-
-
total
1 387
2 125
-
-
Income
42 500
42 500
42 500
42 500
Total tax
4 339
2 125
8 500
425
After tax
38 161
40 375
34 000
42 075
Living cost
11 805
11 805
11 805
11 805
Free-cash
26 356
28 570
22 195
30 270

Estimated living cost  is ₽11805 per week

₽7989
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽496
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.
₽2925
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽4832
₽4419
-₽2380
-₽1029
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
42 500
unemployment
-
-
-
63
income
-
-
-
6 683
pensions
-
-
-
7 761
health
-
-
-
4 181
total
-
-
-
18 688
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

40 954
-
36 772
-
unemployment
58
-
51
-
health
2 645
-
2 376
-
pensions
6 348
-
5 700
-
income
7 063
-
6 184
-
total
16 114
-
14 311
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

40 954
-
36 772
-
pensions
3 624
-
3 255
-
unemployment
25
-
23
-
health
2 728
-
2 450
-
total
6 377
-
5 728
-
Corporate
-
42 500
-
-
income
-
8 076
-
-
total
-
8 076
-
-
Dividends
-
34 424
-
-
withholding
-
5 164
-
-
total
-
5 164
-
-
Income
42 500
42 500
42 500
42 500
Total tax
22 491
13 240
20 039
18 688
After tax
20 009
29 260
22 461
23 812
Living cost
24 841
24 841
24 841
24 841
Free-cash
-4 832
4 419
-2 380
-1 029

Estimated living cost  is ₽24841 per week

₽17048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1592
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽102023
-₽15966
-₽12075
-₽12452
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
social contributions
-
-
-
4 845
income
-
-
-
8 284
total
-
-
-
13 129
Employee
59 968
-
-
-
social contributions
4 917
-
701
-
income
13 228
-
-
-
total
18 145
-
701
-
Employer
59 968
-
-
-
social contributions
84 555
-
12 051
-
total
84 555
-
12 051
-
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
102 700
16 643
12 752
13 129
After tax
-60 200
25 857
29 748
29 371
Living cost
41 823
41 823
41 823
41 823
Free-cash
-102 023
-15 966
-12 075
-12 452

Estimated living cost  is ₽41823 per week

₽27136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽10212
-₽4876
-₽5102
-₽4195
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
42 500
social contributions

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

-
-
-
14 769
income
-
-
-
2 876
surtax
-
-
-
-
total
-
-
-
17 645
Employee
42 595
-
34 343
-
surtax
-
-
-
-
social contributions
4 686
-
3 777
-
income
8 860
-
6 618
-
total
13 546
-
10 395
-
Employer
42 595
-
34 343
-
social contributions
10 116
-
8 157
-
total
10 116
-
8 157
-
Corporate
-
42 500
-
-
income
-
8 925
-
-
surtax
-
-
-
-
total
-
8 925
-
-
Dividends
-
33 575
-
-
withholding
-
9 401
-
-
total
-
9 401
-
-
Income
42 500
42 500
42 500
42 500
Total tax
23 662
18 326
18 552
17 645
After tax
18 838
24 174
23 948
24 855
Living cost
29 050
29 050
29 050
29 050
Free-cash
-10 212
-4 876
-5 102
-4 195

Estimated living cost  is ₽29050 per week

₽21735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5116
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽33623
-₽23314
-₽18391
-₽19023
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
other
-
-
-
1 318
social contributions
-
-
-
1 211
income
-
-
-
1 369
pensions
-
-
-
12 524
health
-
-
-
369
surtax
-
-
-
-
total
-
-
-
16 791
Employee
58 006
-
32 385
-
surtax
-
-
-
-
pensions
6 561
-
3 661
-
social contributions
1 652
-
923
-
income
5 061
-
1 462
-
total
13 274
-
6 046
-
Employer
58 006
-
32 385
-
other
2 002
-
1 118
-
pensions
9 531
-
5 320
-
unemployment
2 350
-
1 311
-
social contributions
174
-
97
-
health
4 060
-
2 267
-
total
18 117
-
10 113
-
Corporate
-
42 500
-
-
income
-
11 900
-
-
surtax
-
-
-
-
total
-
11 900
-
-
Dividends
-
30 600
-
-
withholding
-
3 918
-
-
social contributions
-
5 264
-
-
surtax
-
-
-
-
total
-
9 182
-
-
Income
42 500
42 500
42 500
42 500
Total tax
31 391
21 082
16 159
16 791
After tax
11 109
21 418
26 341
25 709
Living cost
44 732
44 732
44 732
44 732
Free-cash
-33 623
-23 314
-18 391
-19 023

Estimated living cost  is ₽44732 per week

₽30274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽613
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10185
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽7300
₽10410
₽6565
₽5310
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
income
-
-
-
-
social contributions
-
-
-
9 350
total
-
-
-
9 350
Employee
29 775
-
36 795
-
social contributions
1 935
-
2 392
-
income
-
-
-
-
total
1 935
-
2 392
-
Employer
29 775
-
36 795
-
social contributions
4 615
-
5 703
-
total
4 615
-
5 703
-
Corporate
8 110
42 500
-
-
income
810
4 250
-
-
total
810
4 250
-
-
Dividends
7 300
38 250
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
7 360
4 250
8 095
9 350
After tax
35 140
38 250
34 405
33 150
Living cost
27 840
27 840
27 840
27 840
Free-cash
7 300
10 410
6 565
5 310

Estimated living cost  is ₽27840 per week

₽18001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2098
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽159004
-₽159004
-₽159004
-₽16271
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
pensions
-
-
-
802
municipal
-
-
-
6 347
labour market
-
-
-
3 336
national
-
-
-
3 745
total
-
-
-
14 230
Employee
187 997
187 997
187 997
-
national
22 967
22 967
22 967
-
municipal
40 033
40 033
40 033
-
labour market
15 018
15 018
15 018
-
pensions
267
267
267
-
total
78 285
78 285
78 285
-
Employer
187 997
187 997
187 997
-
municipal
40 097
40 097
40 097
-
pensions
534
534
534
-
national
23 007
23 007
23 007
-
labour market
15 040
15 040
15 040
-
total
78 678
78 678
78 678
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
156 963
156 963
156 963
14 230
After tax
-114 463
-114 463
-114 463
28 270
Living cost
44 541
44 541
44 541
44 541
Free-cash
-159 004
-159 004
-159 004
-16 271

Estimated living cost  is ₽44541 per week

₽30484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽685
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9431
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽303
-₽17026
₽1975
₽9031
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
350
income
-
-
-
6 424
pensions
-
-
-
3 929
accident
-
-
-
238
health
-
-
-
2 059
total
-
-
-
13 000
Employee
32 199
-
35 305
-
health
3 687
-
4 042
-
pensions
3 626
-
3 975
-
income
4 417
-
4 843
-
total
11 730
-
12 860
-
Employer
32 199
-
35 305
-
accident
538
-
590
-
pensions
5 235
-
5 741
-
unemployment
789
-
865
-
total
6 562
-
7 196
-
Corporate
3 739
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.

3 365
38 250
-
-
total
3 365
38 250
-
-
Dividends
374
4 250
-
-
withholding
71
807
-
-
total
71
807
-
-
Income
42 500
42 500
42 500
42 500
Total tax
21 728
39 057
20 056
13 000
After tax
20 772
3 443
22 444
29 500
Living cost
20 469
20 469
20 469
20 469
Free-cash
303
-17 026
1 975
9 031

Estimated living cost  is ₽20469 per week

₽14899
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1167
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽384
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4019
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽15419
-₽6147
-₽8891
-₽1603
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
42 500
municipal
-
-
-
7 601
national
-
-
-
678
health
-
-
-
267
total
-
-
-
8 546
Employee
48 726
-
35 753
-
national
805
-
102
-
unemployment
731
-
536
-
health
364
-
163
-
municipal
7 981
-
5 875
-
pensions
3 288
-
2 413
-
total
13 169
-
9 089
-
Employer
48 726
-
35 753
-
accident
49
-
35
-
pensions
8 454
-
6 202
-
unemployment
316
-
232
-
health
374
-
276
-
total
9 193
-
6 745
-
Corporate
-
42 500
-
-
income
-
8 499
-
-
total
-
8 499
-
-
Dividends

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

-
25 500
-
-
municipal
-
4 591
-
-
national
-
-
-
-
total
-
4 591
-
-
Income
42 500
42 500
42 500
42 500
Total tax
22 362
13 090
15 834
8 546
After tax
20 138
29 410
26 666
33 954
Living cost
35 557
35 557
35 557
35 557
Free-cash
-15 419
-6 147
-8 891
-1 603

Estimated living cost  is ₽35557 per week

₽23226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3420
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8347
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽4914
₽113
₽5712
₽13240
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
social contributions
-
-
-
6 629
income
-
-
-
104
health
-
-
-
1 084
total
-
-
-
7 817
Employee
71 216
71 216
71 216
-
health
552
1 211
656
-
social contributions
2 693
5 911
3 202
-
income
7 754
6 593
7 571
-
total
10 999
13 715
11 429
-
Employer
71 216
71 216
71 216
-
social contributions
2 693
5 911
3 202
-
health
599
1 318
714
-
total
3 292
7 229
3 916
-
Corporate
6 767
-
-
-
income
845
-
-
-
total
845
-
-
-
Dividends
5 921
-
-
-
withholding
1 007
-
-
-
total
1 007
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
16 143
20 944
15 345
7 817
After tax
26 357
21 556
27 155
34 683
Living cost
21 443
21 443
21 443
21 443
Free-cash
4 914
113
5 712
13 240

Estimated living cost  is ₽21443 per week

₽12851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2104
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6014
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽15779
₽20490
₽11687
₽15198
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
42 500
unemployment
-
-
-
26
income
-
-
-
3 329
pensions
-
-
-
5 891
health
-
-
-
3 352
total
-
-
-
12 598
Employee

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

21 258
-
38 530
-
unemployment
105
-
193
-
health
1 807
-
3 274
-
pensions
3 188
-
5 779
-
income
1 453
-
2 893
-
total
6 553
-
12 139
-
Employer

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

21 258
-
38 530
-
pensions
1 169
-
2 120
-
unemployment
105
-
193
-
health
914
-
1 657
-
total
2 188
-
3 970
-
Corporate
19 054
42 500
-
-
income
1 715
3 824
-
-
total
1 715
3 824
-
-
Dividends
17 338
38 676
-
-
withholding
1 561
3 482
-
-
total
1 561
3 482
-
-
Income
42 500
42 500
42 500
42 500
Total tax
12 017
7 306
16 109
12 598
After tax
30 483
35 194
26 391
29 902
Living cost
14 704
14 704
14 704
14 704
Free-cash
15 779
20 490
11 687
15 198

Estimated living cost  is ₽14704 per week

₽9382
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1060
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.
₽3824
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽2661
₽3282
-₽1436
-₽1764
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42
unemployment
-
-
-
297
income
-
-
-
6 047
pensions
-
-
-
12 027
accident
-
-
-
383
total
-
-
-
18 796
Employee
34 245
-
32 225
-
unemployment
531
-
499
-
other
33
-
32
-
pensions
1 610
-
1 515
-
income
6 602
-
6 149
-
total
8 776
-
8 195
-
Employer
34 245
-
32 225
-
other
274
-
258
-
accident
678
-
638
-
pensions
8 081
-
7 605
-
unemployment
1 884
-
1 772
-
total
10 917
-
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
-
7 375
-
-
total
-
7 375
-
-
Income
42 500
42 500
42 500
42 500
Total tax
19 693
13 750
18 468
18 796
After tax
22 807
28 750
24 032
23 704
Living cost
25 468
25 468
25 468
25 468
Free-cash
-2 661
3 282
-1 436
-1 764

Estimated living cost  is ₽25468 per week

₽17190
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2448
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5383
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽24547
₽24826
₽24815
₽24936
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 739
pensions
-
-
-
1 235
health
-
-
-
896
total
-
-
-
15 870
Employee
2 579
-
41 110
-
unemployment
26
-
62
-
health
129
-
309
-
pensions
232
-
556
-
income
499
-
13 674
-
total
886
-
14 601
-
Employer
2 579
-
41 110
-
pensions
284
-
679
-
unemployment
52
-
124
-
health
245
-
587
-
total
581
-
1 390
-
Corporate
39 340
42 500
-
-
income
8 655
9 350
-
-
total
8 655
9 350
-
-
Dividends
30 685
33 150
-
-
withholding
6 137
6 630
-
-
total
6 137
6 630
-
-
Income
42 500
42 500
42 500
42 500
Total tax
16 259
15 980
15 991
15 870
After tax
26 241
26 520
26 509
26 630
Living cost
1 694
1 694
1 694
1 694
Free-cash
24 547
24 826
24 815
24 936

Estimated living cost  is ₽1694 per week

₽1006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽137
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽39
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽511
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽10172
₽14720
₽7175
₽5345
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
42 500
unemployment
-
-
-
638
income
-
-
-
5 104
pensions
-
-
-
11 050
health
-
-
-
4 377
total
-
-
-
21 169
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.

24 106
-
36 048
-
unemployment
181
-
270
-
health
1 241
-
1 856
-
pensions
3 375
-
5 047
-
income
3 323
-
5 714
-
total
8 120
-
12 887
-
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.

24 106
-
36 048
-
pensions
2 893
-
4 326
-
unemployment
181
-
270
-
health
1 241
-
1 856
-
total
4 315
-
6 452
-
Corporate
14 079
42 500
-
-
income
2 112
6 375
-
-
total
2 112
6 375
-
-
Dividends
11 967
36 125
-
-
withholding
1 795
5 419
-
-
total
1 795
5 419
-
-
Income
42 500
42 500
42 500
42 500
Total tax
16 342
11 794
19 339
21 169
After tax
26 158
30 706
23 161
21 331
Living cost
15 986
15 986
15 986
15 986
Free-cash
10 172
14 720
7 175
5 345

Estimated living cost  is ₽15986 per week

₽10764
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1237
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽1982
-₽794
-₽1020
-₽113
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
42 500
social contributions

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

-
-
-
14 769
income
-
-
-
2 876
surtax
-
-
-
-
total
-
-
-
17 645
Employee
35 946
-
34 343
-
surtax
-
-
-
-
social contributions
3 954
-
3 777
-
income
7 024
-
6 618
-
total
10 978
-
10 395
-
Employer
35 946
-
34 343
-
social contributions
8 536
-
8 157
-
total
8 536
-
8 157
-
Corporate
-
42 500
-
-
income
-
8 925
-
-
surtax
-
-
-
-
total
-
8 925
-
-
Dividends
-
33 575
-
-
withholding
-
9 401
-
-
total
-
9 401
-
-
Income
42 500
42 500
42 500
42 500
Total tax
19 514
18 326
18 552
17 645
After tax
22 986
24 174
23 948
24 855
Living cost
24 968
24 968
24 968
24 968
Free-cash
-1 982
-794
-1 020
-113

Estimated living cost  is ₽24968 per week

₽17684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽16491
-₽3799
-₽8517
-₽8845
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42
unemployment
-
-
-
297
income
-
-
-
6 047
pensions
-
-
-
12 027
accident
-
-
-
383
total
-
-
-
18 796
Employee
44 729
-
32 225
-
unemployment
692
-
499
-
other
44
-
32
-
pensions
2 102
-
1 515
-
income
9 342
-
6 149
-
total
12 180
-
8 195
-
Employer
44 729
-
32 225
-
other
359
-
258
-
accident
886
-
638
-
pensions
10 556
-
7 605
-
unemployment
2 461
-
1 772
-
total
14 262
-
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
-
7 375
-
-
total
-
7 375
-
-
Income
42 500
42 500
42 500
42 500
Total tax
26 442
13 750
18 468
18 796
After tax
16 058
28 750
24 032
23 704
Living cost
32 549
32 549
32 549
32 549
Free-cash
-16 491
-3 799
-8 517
-8 845

Estimated living cost  is ₽32549 per week

₽23375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2531
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6185
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽14678
₽20343
₽11818
₽11459
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
unemployment
-
-
-
130
income
-
-
-
6 375
pensions

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

-
-
-
4 807
health
-
-
-
3 735
total
-
-
-
15 047
Employee
21 179
-
36 128
-
accident

We are using the highest rate at 1.1%.

233
-
357
-
health
974
-
1 494
-
pensions

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

1 859
-
2 852
-
income
2 118
-
3 613
-
total
5 184
-
8 316
-
Employer
21 179
-
36 128
-
accident

We are using the highest rate at 1.1%.

233
-
357
-
pensions

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

2 334
-
3 579
-
unemployment
127
-
195
-
health
1 461
-
2 241
-
total
4 155
-
6 372
-
Corporate
17 166
42 500
-
-
income
1 717
4 250
-
-
total
1 717
4 250
-
-
Dividends
15 449
38 250
-
-
withholding
772
1 913
-
-
total
772
1 913
-
-
Income
42 500
42 500
42 500
42 500
Total tax
11 828
6 163
14 688
15 047
After tax
30 672
36 337
27 812
27 453
Living cost
15 994
15 994
15 994
15 994
Free-cash
14 678
20 343
11 818
11 459

Estimated living cost  is ₽15994 per week

₽10578
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽916
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽382
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4119
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽3581
-₽13685
-₽2555
-₽2555
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
42 500
trade
-
-
-
-
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.

-
-
-
2 817
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.

-
-
-
6 327
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.

-
-
-
155
total
-
-
-
9 299
Employee

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

46 081
-
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.

209
-
155
-
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.

6 327
-
6 327
-
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.

3 789
-
2 817
-
total
10 325
-
9 299
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
42 500
-
-
trade
-
6 099
-
-
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.

-
350
-
-
chamber of commerce
-
202
-
-
total
-
13 026
-
-
Dividends
-
29 475
-
-
withholding
-
7 016
-
-
surtax

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

-
387
-
-
total
-
7 403
-
-
Income
42 500
42 500
42 500
42 500
Total tax
10 325
20 429
9 299
9 299
After tax
32 175
22 071
33 201
33 201
Living cost
35 756
35 756
35 756
35 756
Free-cash
-3 581
-13 685
-2 555
-2 555

Estimated living cost  is ₽35756 per week

₽24665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3847
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6724
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽29946
-₽23008
-₽18580
-₽18580
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
social contributions
-
-
-
2 723
income
-
-
-
5 600
total
-
-
-
8 323
Employee
72 445
-
42 500
-
social contributions
6 019
-
2 723
-
income
13 670
-
5 600
-
total
19 689
-
8 323
-
Employer
72 445
-
42 500
-
total
-
-
-
-
Corporate
-
42 500
-
-
income
-
5 313
-
-
total
-
5 313
-
-
Dividends
-
37 187
-
-
withholding
-
7 438
-
-
total
-
7 438
-
-
Income
42 500
42 500
42 500
42 500
Total tax
19 689
12 751
8 323
8 323
After tax
22 811
29 749
34 177
34 177
Living cost
52 757
52 757
52 757
52 757
Free-cash
-29 946
-23 008
-18 580
-18 580

Estimated living cost  is ₽52757 per week

₽40137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4299
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7818
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽7008
-₽10139
-₽2601
-₽23074
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
42 500
health

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

-
-
-
5 592
income
-
-
-
26 363
total
-
-
-
31 955
Employee
42 486
-
38 630
-
social contributions
4 257
-
3 870
-
income
4 610
-
3 742
-
total
8 867
-
7 612
-
Employer
42 486
-
38 630
-
social contributions
4 257
-
3 870
-
total
4 257
-
3 870
-
Corporate
-
42 500
-
-
income
-
14 876
-
-
total
-
14 876
-
-
Dividends
-
27 624
-
-
social contributions
2 765
4 144
-
-
total
2 765
4 144
-
-
Income
42 500
42 500
42 500
42 500
Total tax
15 889
19 020
11 482
31 955
After tax
26 611
23 480
31 018
10 545
Living cost
33 619
33 619
33 619
33 619
Free-cash
-7 008
-10 139
-2 601
-23 074

Estimated living cost  is ₽33619 per week

₽22145
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8308
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽9413
-₽1923
-₽5597
-₽1610
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 038
pensions
-
-
-
2 306
total
-
-
-
10 344
Employee
46 348
-
38 214
-
health
605
-
438
-
pensions
3 538
-
2 563
-
income
8 440
-
7 043
-
total
12 583
-
10 044
-
Employer
46 348
-
38 214
-
pensions
4 683
-
3 560
-
health
881
-
727
-
total
5 564
-
4 287
-
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.

-
8 074
-
-
total
-
8 074
-
-
Dividends
-
34 426
-
-
withholding
-
2 583
-
-
total
-
2 583
-
-
Income
42 500
42 500
42 500
42 500
Total tax
18 147
10 657
14 331
10 344
After tax
24 353
31 843
28 169
32 156
Living cost
33 766
33 766
33 766
33 766
Free-cash
-9 413
-1 923
-5 597
-1 610

Estimated living cost  is ₽33766 per week

₽23163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3105
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7073
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽99
-₽19052
-₽51
₽7005
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
350
income
-
-
-
6 424
pensions
-
-
-
3 929
accident
-
-
-
238
health
-
-
-
2 059
total
-
-
-
13 000
Employee
35 386
-
35 305
-
health
4 052
-
4 042
-
pensions
3 985
-
3 975
-
income
4 855
-
4 843
-
total
12 892
-
12 860
-
Employer
35 386
-
35 305
-
accident
591
-
590
-
pensions
5 754
-
5 741
-
unemployment
867
-
865
-
total
7 212
-
7 196
-
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
20 104
39 057
20 056
13 000
After tax
22 396
3 443
22 444
29 500
Living cost
22 495
22 495
22 495
22 495
Free-cash
-99
-19 052
-51
7 005

Estimated living cost  is ₽22495 per week

₽16509
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1311
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.
₽4222
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽19156
₽23647
₽13146
₽13146
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
42 500
unemployment
-
-
-
510
income
-
-
-
5 189
pensions
-
-
-
7 820
health insurance
-
-
-
3 145
work injury
-
-
-
212
total
-
-
-
16 876
Employee

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

19 965
-
42 500
-
health insurance
1 477
-
3 145
-
unemployment
240
-
510
-
work injury
100
-
212
-
pensions
3 673
-
7 820
-
income
1 996
-
5 189
-
total
7 486
-
16 876
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
22 535
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
22 535
42 500
-
-
withholding
3 380
6 375
-
-
total
3 380
6 375
-
-
Income
42 500
42 500
42 500
42 500
Total tax
10 866
6 375
16 876
16 876
After tax
31 634
36 125
25 624
25 624
Living cost
12 478
12 478
12 478
12 478
Free-cash
19 156
23 647
13 146
13 146

Estimated living cost  is ₽12478 per week

₽7730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽907
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other 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
-₽35544
-₽14510
-₽16034
-₽13680
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
42 500
regional
-
-
-
598
social contributions
-
-
-
10 932
municipal
-
-
-
285
national
-
-
-
7 470
total
-
-
-
19 285
Employee
78 043
-
42 500
-
national
13 189
-
6 550
-
regional
1 178
-
505
-
municipal
466
-
253
-
social contributions
26 316
-
14 331
-
total
41 149
-
21 639
-
Employer
78 043
-
42 500
-
total
-
-
-
-
Corporate
-
42 500
-
-
nationa
-
10 201
-
-
municipal
-
2 049
-
-
total
-
12 250
-
-
Dividends
-
30 250
-
-
withholding
-
7 865
-
-
total
-
7 865
-
-
Income
42 500
42 500
42 500
42 500
Total tax
41 149
20 115
21 639
19 285
After tax
1 351
22 385
20 861
23 215
Living cost
36 895
36 895
36 895
36 895
Free-cash
-35 544
-14 510
-16 034
-13 680

Estimated living cost  is ₽36895 per week

₽25917
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2538
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7883
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other 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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