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
₽ 43500
per

Your estimated
City
free-cash

Dresden , Germany
₽3841
₽3841
₽2932
-₽8126
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
43 500
trade
-
-
-
-
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.

-
-
-
6 830
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.

-
-
-
2 413
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.

-
-
-
133
total
-
-
-
9 376
Employee

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

38 240
-
43 500
-
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.

59
-
133
-
income

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

1 068
-
2 413
-
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.

6 830
-
6 830
-
total
7 957
-
9 376
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
5 260
43 500
-
-
trade
829
6 851
-
-
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.

44
359
-
-
income
789
6 525
-
-
chamber of commerce
159
214
-
-
total
1 821
13 949
-
-
Dividends
3 439
29 551
-
-
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.

27
385
-
-
withholding
480
7 009
-
-
total
507
7 394
-
-
Income
43 500
43 500
43 500
43 500
Total tax
10 285
21 343
9 376
9 376
After tax
33 215
22 157
34 124
34 124
Living cost
30 283
30 283
30 283
30 283
Free-cash
2 932
-8 126
3 841
3 841

Estimated living cost  is ₽30283 per week

₽19049
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3531
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7138
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽22407
-₽22064
-₽41803
-₽23305
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
43 500
social contributions
-
-
-
468
municipal
-
-
-
3 832
national
-
-
-
5 938
pensions
-
-
-
5 220
total
-
-
-
15 458
Employee
78 206
-
37 605
-
pensions
3 128
-
1 504
-
national
14 969
-
6 199
-
municipal
9 660
-
4 000
-
total
27 757
-
11 703
-
Employer
78 206
-
37 605
-
pensions
6 256
-
3 008
-
social contributions
841
-
404
-
total
7 097
-
3 412
-
Corporate
-
43 500
-
-
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%.

-
8 700
-
-
total
-
8 700
-
-
Dividends
-
34 800
-
-
withholding
-
7 656
-
-
total
-
7 656
-
-
Income
43 500
43 500
43 500
43 500
Total tax
34 854
16 356
15 115
15 458
After tax
8 646
27 144
28 385
28 042
Living cost
50 449
50 449
50 449
50 449
Free-cash
-41 803
-23 305
-22 064
-22 407

Estimated living cost  is ₽50449 per week

₽34290
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4690
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽755
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽13027
₽4160
₽5799
₽13999
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
43 500
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.

-
-
-
3 148
income
-
-
-
-
microenterprise
-
-
-
6 525
surtax
-
-
-
-
total
-
-
-
9 673
Employee
29 214
-
35 055
-
income
5 200
-
6 240
-
social contributions

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

3 214
-
3 855
-
surtax
-
-
-
-
total
8 414
-
10 095
-
Employer
29 214
-
35 055
-
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.

7 037
-
8 445
-
surtax
-
-
-
-
total
7 037
-
8 445
-
Corporate
7 249
43 500
-
-
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%.

1 450
8 701
-
-
total
1 450
8 701
-
-
Dividends

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

5 799
34 799
-
-
total
-
-
-
-
Income
43 500
43 500
43 500
43 500
Total tax
16 901
8 701
18 540
9 673
After tax
26 599
34 799
24 960
33 827
Living cost
20 800
20 800
20 800
20 800
Free-cash
5 799
13 999
4 160
13 027

Estimated living cost  is ₽20800 per week

₽13270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5077
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽16875
-₽55781
-₽55781
-₽50169
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
43 500
health
-
-
-
6 678
income
-
-
-
3 985
pensions
-
-
-
7 830
total
-
-
-
18 493
Employee
85 378
85 378
85 378
-
income

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

13 975
13 975
13 975
-
pensions
15 368
11 714
15 368
-
health
13 105
11 147
13 105
-
total
42 448
36 836
42 448
-
Employer
85 378
85 378
85 378
-
pensions
5 942
5 942
5 942
-
health
5 935
5 935
5 935
-
unemployment
3 074
3 074
3 074
-
total
14 951
14 951
14 951
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
43 500
43 500
43 500
43 500
Total tax
57 399
51 787
57 399
18 493
After tax
-13 899
-8 287
-13 899
25 007
Living cost
41 882
41 882
41 882
41 882
Free-cash
-55 781
-50 169
-55 781
-16 875

Estimated living cost  is ₽41882 per week

₽29681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7760
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽16769
-₽15224
-₽28510
-₽14703
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
43 500
other
-
-
-
5 055
unemployment
-
-
-
43
accident
-
-
-
87
municipal
-
-
-
9 214
health
-
-
-
2 714
national
-
-
-
-
pensions
-
-
-
4 702
total
-
-
-
21 815
Employee
54 793
-
33 100
-
national
-
-
-
-
municipal
16 339
-
9 870
-
total
16 339
-
9 870
-
Employer
54 793
-
33 100
-
pensions
5 923
-
3 578
-
other
6 367
-
3 846
-
accident
110
-
66
-
health
3 370
-
2 036
-
unemployment
1 447
-
874
-
total
17 217
-
10 400
-
Corporate
-
43 500
-
-
income
-
9 570
-
-
total
-
9 570
-
-
Dividends
-
33 930
-
-
withholding
-
10 179
-
-
total
-
10 179
-
-
Income
43 500
43 500
43 500
43 500
Total tax
33 556
19 749
20 270
21 815
After tax
9 944
23 751
23 230
21 685
Living cost
38 454
38 454
38 454
38 454
Free-cash
-28 510
-14 703
-15 224
-16 769

Estimated living cost  is ₽38454 per week

₽25486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5152
-₽5152
-₽7201
-₽17343
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
43 500
trade
-
-
-
-
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.

-
-
-
6 830
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.

-
-
-
2 413
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.

-
-
-
133
total
-
-
-
9 376
Employee

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

50 701
-
43 500
-
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.

239
-
133
-
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.

4 356
-
2 413
-
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.

6 830
-
6 830
-
total
11 425
-
9 376
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
43 500
-
-
trade
-
7 157
-
-
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.

-
359
-
-
income
-
6 525
-
-
chamber of commerce
-
214
-
-
total
-
14 255
-
-
Dividends
-
29 246
-
-
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.

-
381
-
-
withholding
-
6 931
-
-
total
-
7 312
-
-
Income
43 500
43 500
43 500
43 500
Total tax
11 425
21 567
9 376
9 376
After tax
32 075
21 933
34 124
34 124
Living cost
39 276
39 276
39 276
39 276
Free-cash
-7 201
-17 343
-5 152
-5 152

Estimated living cost  is ₽39276 per week

₽26268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8280
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽3175
-₽5126
-₽6071
-₽11537
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
43 500
social contributions
-
-
-
6 787
health
-
-
-
1 110
income
-
-
-
-
total
-
-
-
7 897
Employee
76 879
76 879
76 879
-
income
8 073
7 117
8 238
-
social contributions
3 736
6 381
3 279
-
health
765
1 307
672
-
total
12 574
14 805
12 189
-
Employer
76 879
76 879
76 879
-
health
833
1 423
730
-
social contributions
3 736
6 381
3 279
-
total
4 569
7 804
4 009
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
43 500
43 500
43 500
43 500
Total tax
17 143
22 609
16 198
7 897
After tax
26 357
20 891
27 302
35 603
Living cost
32 428
32 428
32 428
32 428
Free-cash
-6 071
-11 537
-5 126
3 175

Estimated living cost  is ₽32428 per week

₽22168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7183
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽11900
₽6983
₽6861
₽6480
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
43 500
unemployment
-
-
-
652
health
-
-
-
3 045
income
-
-
-
5 318
pensions
-
-
-
4 350
total
-
-
-
13 365
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.

26 323
10 476
36 402
-
income
3 218
1 281
4 450
-
pensions
2 632
1 048
3 640
-
unemployment
395
157
546
-
health
1 843
733
2 548
-
total
8 088
3 219
11 184
-
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.

26 323
10 476
36 402
-
pensions
5 133
2 043
7 098
-
total
5 133
2 043
7 098
-
Corporate
12 044
30 981
-
-
income
1 084
2 788
-
-
total
1 084
2 788
-
-
Dividends
10 960
28 193
-
-
social contributions
2 017
5 378
-
-
withholding
2 082
5 357
-
-
total
4 099
10 735
-
-
Income
43 500
43 500
43 500
43 500
Total tax
18 404
18 785
18 282
13 365
After tax
25 096
24 715
25 218
30 135
Living cost
18 235
18 235
18 235
18 235
Free-cash
6 861
6 480
6 983
11 900

Estimated living cost  is ₽18235 per week

₽12444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽1241
₽2753
₽4441
₽10650
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
43 500
health
-
-
-
5 656
income
-
-
-
3 755
pensions
-
-
-
8 699
total
-
-
-
18 110
Employee
28 362
-
32 511
-
income
3 193
-
4 438
-
pensions
567
-
651
-
unemployment
453
-
520
-
total
4 213
-
5 609
-
Employer
28 362
-
32 511
-
pensions
5 673
-
6 502
-
health
3 686
-
4 227
-
unemployment
228
-
260
-
total
9 587
-
10 989
-
Corporate
5 551
43 500
-
-
income
1 110
8 701
-
-
total
1 110
8 701
-
-
Dividends
4 441
34 799
-
-
total
-
-
-
-
Income
43 500
43 500
43 500
43 500
Total tax
14 910
8 701
16 598
18 110
After tax
28 590
34 799
26 902
25 390
Living cost
24 148
24 148
24 148
24 148
Free-cash
4 441
10 650
2 753
1 241

Estimated living cost  is ₽24148 per week

₽16563
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.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5661
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽8158
₽1057
₽163
-₽18391
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
43 500
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
6 490
pensions
-
-
-
4 145
total
-
-
-
13 428
Employee
34 472
-
36 135
-
income
4 729
-
4 957
-
pensions
3 882
-
4 069
-
health
3 947
-
4 138
-
total
12 558
-
13 164
-
Employer
34 472
-
36 135
-
pensions
5 605
-
5 876
-
accident
575
-
604
-
unemployment
845
-
885
-
total
7 025
-
7 365
-
Corporate
2 003
43 500
-
-
income

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

1 802
39 150
-
-
total
1 802
39 150
-
-
Dividends
200
4 350
-
-
withholding
38
827
-
-
total
38
827
-
-
Income
43 500
43 500
43 500
43 500
Total tax
21 423
39 977
20 529
13 428
After tax
22 077
3 523
22 971
30 072
Living cost
21 914
21 914
21 914
21 914
Free-cash
163
-18 391
1 057
8 158

Estimated living cost  is ₽21914 per week

₽16061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1214
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽34054
₽25789
₽30625
₽32314
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
43 500
microenterprise

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

-
-
-
435
total
-
-
-
435
Employee
11 263
-
43 500
-
income
2 252
-
8 700
-
total
2 252
-
8 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

32 237
43 500
-
-
total
-
-
-
-
Dividends
32 237
43 500
-
-
withholding
1 612
2 175
-
-
total
1 612
2 175
-
-
Income
43 500
43 500
43 500
43 500
Total tax
3 864
2 175
8 700
435
After tax
39 636
41 325
34 800
43 065
Living cost
9 011
9 011
9 011
9 011
Free-cash
30 625
32 314
25 789
34 054

Estimated living cost  is ₽9011 per week

₽5584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽3086
-₽1141
-₽1948
₽5319
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
43 500
other
-
-
-
2 066
health
-
-
-
1 914
income
-
-
-
5 525
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.

-
-
-
10 441
total
-
-
-
19 946
Employee
36 301
-
34 744
-
income
6 250
-
5 980
-
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.

2 540
-
2 432
-
unemployment
362
-
347
-
health
508
-
486
-
total
9 660
-
9 245
-
Employer
36 301
-
34 744
-
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.

6 172
-
5 906
-
other
1 816
-
1 738
-
accident
290
-
279
-
health
508
-
486
-
unemployment
362
-
347
-
total
9 148
-
8 756
-
Corporate
-
43 500
-
-
income
-
9 135
-
-
total
-
9 135
-
-
Dividends
-
34 365
-
-
withholding
-
2 406
-
-
total
-
2 406
-
-
Income
43 500
43 500
43 500
43 500
Total tax
18 808
11 541
18 001
19 946
After tax
24 692
31 959
25 499
23 554
Living cost
26 640
26 640
26 640
26 640
Free-cash
-1 948
5 319
-1 141
-3 086

Estimated living cost  is ₽26640 per week

₽18823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1799
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽34254
-₽38191
-₽64715
-₽34673
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
43 500
income
-
-
-
8 253
pensions
-
-
-
2 235
total
-
-
-
10 488
Employee
95 171
-
39 236
-
income
17 156
-
7 270
-
pensions
9 181
-
2 470
-
health
1 568
-
421
-
total
27 905
-
10 161
-
Employer
95 171
-
39 236
-
pensions
11 237
-
3 518
-
health
1 807
-
746
-
total
13 044
-
4 264
-
Corporate
-
43 500
-
-
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.

-
8 264
-
-
total
-
8 264
-
-
Dividends
-
35 236
-
-
withholding
-
2 643
-
-
total
-
2 643
-
-
Income
43 500
43 500
43 500
43 500
Total tax
40 949
10 907
14 425
10 488
After tax
2 551
32 593
29 075
33 012
Living cost
67 266
67 266
67 266
67 266
Free-cash
-64 715
-34 673
-38 191
-34 254

Estimated living cost  is ₽67266 per week

₽50404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8413
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽14537
₽14813
₽19437
₽24082
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
43 500
unemployment
-
-
-
140
health
-
-
-
4 017
income
-
-
-
6 525
pensions

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

-
-
-
5 170
total
-
-
-
15 852
Employee
17 361
-
36 647
-
income
1 736
-
3 665
-
pensions

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

1 524
-
3 067
-
health
799
-
1 607
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
total
4 250
-
8 723
-
Employer
17 361
-
36 647
-
pensions

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

1 913
-
3 849
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
health
1 198
-
2 410
-
unemployment
104
-
210
-
total
3 406
-
6 853
-
Corporate
22 732
43 500
-
-
income
2 273
4 350
-
-
total
2 273
4 350
-
-
Dividends
20 459
39 150
-
-
withholding
1 023
1 957
-
-
total
1 023
1 957
-
-
Income
43 500
43 500
43 500
43 500
Total tax
10 952
6 307
15 576
15 852
After tax
32 548
37 193
27 924
27 648
Living cost
13 111
13 111
13 111
13 111
Free-cash
19 437
24 082
14 813
14 537

Estimated living cost  is ₽13111 per week

₽7655
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4173
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽30433
-₽69339
-₽65422
-₽63727
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
43 500
health
-
-
-
6 678
income
-
-
-
3 985
pensions
-
-
-
7 830
total
-
-
-
18 493
Employee
92 693
85 378
85 378
-
income

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

13 975
13 975
13 975
-
pensions
11 714
11 714
15 368
-
health
11 564
11 147
13 105
-
total
37 253
36 836
42 448
-
Employer
92 693
85 378
85 378
-
pensions
6 451
5 942
5 942
-
health
6 441
5 935
5 935
-
unemployment
3 337
3 074
3 074
-
total
16 229
14 951
14 951
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
43 500
43 500
43 500
43 500
Total tax
53 482
51 787
57 399
18 493
After tax
-9 982
-8 287
-13 899
25 007
Living cost
55 440
55 440
55 440
55 440
Free-cash
-65 422
-63 727
-69 339
-30 433

Estimated living cost  is ₽55440 per week

₽40896
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽2827
-₽1939
-₽3819
₽5937
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
43 500
social contributions
-
-
-
12 702
health
-
-
-
5 873
income
-
-
-
3 739
solidarity contribution
-
-
-
-
total
-
-
-
22 314
Employee
35 313
-
32 463
-
income
4 238
-
3 896
-
solidarity contribution
-
-
-
-
social contributions
2 295
-
2 110
-
health
4 767
-
4 382
-
total
11 300
-
10 388
-
Employer
35 313
-
32 463
-
health
3 178
-
2 922
-
social contributions
8 828
-
8 116
-
total
12 006
-
11 038
-
Corporate
-
43 500
-
-
income
-
8 265
-
-
total
-
8 265
-
-
Dividends
-
35 235
-
-
withholding
-
5 285
-
-
total
-
5 285
-
-
Income
43 500
43 500
43 500
43 500
Total tax
23 306
13 550
21 426
22 314
After tax
20 194
29 950
22 074
21 186
Living cost
24 013
24 013
24 013
24 013
Free-cash
-3 819
5 937
-1 939
-2 827

Estimated living cost  is ₽24013 per week

₽16680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽18129
-₽20588
-₽45354
-₽18979
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
43 500
social contributions
-
-
-
11 188
municipal
-
-
-
258
national
-
-
-
7 585
regional
-
-
-
411
total
-
-
-
19 442
Employee
88 855
-
43 500
-
national
15 396
-
6 646
-
social contributions
29 962
-
14 668
-
municipal
471
-
231
-
regional
838
-
356
-
total
46 667
-
21 901
-
Employer
88 855
-
43 500
-
total
-
-
-
-
Corporate
-
43 500
-
-
nationa
-
10 441
-
-
municipal
-
1 696
-
-
total
-
12 137
-
-
Dividends
-
31 363
-
-
withholding
-
8 155
-
-
total
-
8 155
-
-
Income
43 500
43 500
43 500
43 500
Total tax
46 667
20 292
21 901
19 442
After tax
-3 167
23 208
21 599
24 058
Living cost
42 187
42 187
42 187
42 187
Free-cash
-45 354
-18 979
-20 588
-18 129

Estimated living cost  is ₽42187 per week

₽29408
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽2931
₽1875
₽2189
₽5299
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
43 500
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
3 089
income
-
-
-
6 297
surtax
-
-
-
192
pensions
-
-
-
8 701
total
-
-
-
18 507
Employee
33 062
-
35 937
-
income
5 542
-
6 026
-
pensions
2 205
-
2 396
-
unemployment
2 301
-
2 501
-
health
844
-
916
-
other
-
-
-
-
surtax
108
-
161
-
total
11 000
-
12 000
-
Employer
33 062
-
35 937
-
pensions
4 407
-
4 791
-
other
-
-
-
-
health
1 505
-
1 634
-
unemployment
1 047
-
1 138
-
total
6 959
-
7 563
-
Corporate
3 478
43 500
-
-
income
905
11 310
-
-
total
905
11 310
-
-
Dividends
2 573
32 190
-
-
withholding
385
4 829
-
-
total
385
4 829
-
-
Income
43 500
43 500
43 500
43 500
Total tax
19 249
16 139
19 563
18 507
After tax
24 251
27 361
23 937
24 993
Living cost
22 062
22 062
22 062
22 062
Free-cash
2 189
5 299
1 875
2 931

Estimated living cost  is ₽22062 per week

₽13490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2036
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽12942
-₽16879
-₽28397
-₽13361
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
43 500
income
-
-
-
8 253
pensions
-
-
-
2 235
total
-
-
-
10 488
Employee
63 781
-
39 236
-
income
11 487
-
7 270
-
pensions
5 414
-
2 470
-
health
926
-
421
-
total
17 827
-
10 161
-
Employer
63 781
-
39 236
-
pensions
6 904
-
3 518
-
health
1 212
-
746
-
total
8 116
-
4 264
-
Corporate
-
43 500
-
-
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.

-
8 264
-
-
total
-
8 264
-
-
Dividends
-
35 236
-
-
withholding
-
2 643
-
-
total
-
2 643
-
-
Income
43 500
43 500
43 500
43 500
Total tax
25 943
10 907
14 425
10 488
After tax
17 557
32 593
29 075
33 012
Living cost
45 954
45 954
45 954
45 954
Free-cash
-28 397
-13 361
-16 879
-12 942

Estimated living cost  is ₽45954 per week

₽34429
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7600
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽38470
-₽41209
-₽53366
-₽55683
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
43 500
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.

-
-
-
870
health
-
-
-
247
city
-
-
-
456
national
-
-
-
80
regional
-
-
-
741
pensions
-
-
-
4 002
total
-
-
-
6 396
Employee
88 441
-
38 646
-
pensions
7 430
-
3 570
-
national
419
-
49
-
unemployment
-
-
-
-
city
949
-
411
-
health
200
-
87
-
regional
2 896
-
588
-
total
11 894
-
4 705
-
Employer
88 441
-
38 646
-
pensions
7 430
-
3 570
-
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.

1 768
-
773
-
health
200
-
87
-
unemployment
-
-
-
-
total
9 398
-
4 430
-
Corporate
-
43 500
-
-
regional
-
9 200
-
-
national
-
3 698
-
-
total
-
12 898
-
-
Dividends
-
30 602
-
-
withholding
-
10 711
-
-
total
-
10 711
-
-
Income
43 500
43 500
43 500
43 500
Total tax
21 292
23 609
9 135
6 396
After tax
22 208
19 891
34 365
37 104
Living cost
75 574
75 574
75 574
75 574
Free-cash
-53 366
-55 683
-41 209
-38 470

Estimated living cost  is ₽75574 per week

₽49145
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽928
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18719
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽11677
-₽11677
-₽16585
-₽24092
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
43 500
trade
-
-
-
-
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.

-
-
-
6 830
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.

-
-
-
2 413
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.

-
-
-
133
total
-
-
-
9 376
Employee

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

60 085
-
43 500
-
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.

389
-
133
-
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.

7 065
-
2 413
-
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.

6 830
-
6 830
-
total
14 284
-
9 376
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
43 500
-
-
trade
-
7 460
-
-
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.

-
359
-
-
income
-
6 525
-
-
chamber of commerce
-
212
-
-
total
-
14 556
-
-
Dividends
-
28 944
-
-
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.

-
378
-
-
withholding
-
6 857
-
-
total
-
7 235
-
-
Income
43 500
43 500
43 500
43 500
Total tax
14 284
21 791
9 376
9 376
After tax
29 216
21 709
34 124
34 124
Living cost
45 801
45 801
45 801
45 801
Free-cash
-16 585
-24 092
-11 677
-11 677

Estimated living cost  is ₽45801 per week

₽33451
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8092
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽7828
-₽7111
-₽12651
-₽12284
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
43 500
other
-
-
-
1 349
social contributions
-
-
-
1 241
health
-
-
-
378
income
-
-
-
1 252
surtax
-
-
-
-
pensions
-
-
-
12 902
total
-
-
-
17 122
Employee
42 789
-
33 147
-
income
2 525
-
1 360
-
pensions
4 838
-
3 747
-
social contributions
1 220
-
945
-
surtax
-
-
-
-
total
8 583
-
6 052
-
Employer
42 789
-
33 147
-
pensions
7 029
-
5 447
-
other
1 476
-
1 144
-
health
2 996
-
2 320
-
unemployment
1 732
-
1 343
-
social contributions
129
-
99
-
total
13 362
-
10 353
-
Corporate
-
43 500
-
-
surtax
-
-
-
-
income
-
12 181
-
-
total
-
12 181
-
-
Dividends
-
31 319
-
-
surtax
-
-
-
-
social contributions
-
5 388
-
-
withholding
-
4 009
-
-
total
-
9 397
-
-
Income
43 500
43 500
43 500
43 500
Total tax
21 945
21 578
16 405
17 122
After tax
21 555
21 922
27 095
26 378
Living cost
34 206
34 206
34 206
34 206
Free-cash
-12 651
-12 284
-7 111
-7 828

Estimated living cost  is ₽34206 per week

₽21568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2781
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽4439
-₽3722
-₽6623
-₽8895
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
43 500
other
-
-
-
1 349
social contributions
-
-
-
1 241
health
-
-
-
378
income
-
-
-
1 252
surtax
-
-
-
-
pensions
-
-
-
12 902
total
-
-
-
17 122
Employee
38 195
-
33 147
-
income
1 969
-
1 360
-
pensions
4 320
-
3 747
-
social contributions
1 089
-
945
-
surtax
-
-
-
-
total
7 378
-
6 052
-
Employer
38 195
-
33 147
-
pensions
6 276
-
5 447
-
other
1 319
-
1 144
-
health
2 673
-
2 320
-
unemployment
1 546
-
1 343
-
social contributions
114
-
99
-
total
11 928
-
10 353
-
Corporate
-
43 500
-
-
surtax
-
-
-
-
income
-
12 181
-
-
total
-
12 181
-
-
Dividends
-
31 319
-
-
surtax
-
-
-
-
social contributions
-
5 388
-
-
withholding
-
4 009
-
-
total
-
9 397
-
-
Income
43 500
43 500
43 500
43 500
Total tax
19 306
21 578
16 405
17 122
After tax
24 194
21 922
27 095
26 378
Living cost
30 817
30 817
30 817
30 817
Free-cash
-6 623
-8 895
-3 722
-4 439

Estimated living cost  is ₽30817 per week

₽17872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽6736
₽5399
₽5127
₽5341
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
43 500
social contributions
-
-
-
6 003
health
-
-
-
3 036
income
-
-
-
6 525
total
-
-
-
15 564
Employee
33 899
-
43 500
-
income
5 654
-
7 862
-
social contributions
4 679
-
6 003
-
health
2 366
-
3 036
-
total
12 699
-
16 901
-
Employer
33 899
-
43 500
-
total
-
-
-
-
Corporate
9 601
43 500
-
-
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%.

480
2 174
-
-
total
480
2 174
-
-
Dividends
9 121
41 326
-
-
social contributions
1 744
5 703
-
-
health
882
2 884
-
-
withholding
1 368
6 198
-
-
total
3 994
14 785
-
-
Income
43 500
43 500
43 500
43 500
Total tax
17 173
16 959
16 901
15 564
After tax
26 327
26 541
26 599
27 936
Living cost
21 200
21 200
21 200
21 200
Free-cash
5 127
5 341
5 399
6 736

Estimated living cost  is ₽21200 per week

₽14188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽10890
-₽18600
-₽21989
-₽14494
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
43 500
chamber of commerce
-
-
-
175
unemployment
-
-
-
6 132
health
-
-
-
3 328
income
-
-
-
1 281
surtax
-
-
-
197
pensions
-
-
-
8 048
total
-
-
-
19 161
Employee
49 965
39 843
39 843
-
income
5 688
2 939
3 237
-
pensions
5 117
4 079
3 406
-
unemployment
1 499
1 195
998
-
health
1 933
1 542
1 286
-
other
499
398
332
-
total
14 736
10 153
9 259
-
Employer
49 965
39 843
39 843
-
pensions
6 271
5 001
4 172
-
other
2 373
1 892
1 837
-
accident
649
518
433
-
health
1 888
1 506
1 256
-
payroll
1 499
1 195
1 195
-
chamber of commerce
199
159
159
-
unemployment
1 499
1 195
998
-
surtax
197
197
197
-
total
14 575
11 663
10 247
-
Corporate
3 795
3 795
29 458
-
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.

949
949
7 365
-
total
949
949
7 365
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
43 500
43 500
43 500
43 500
Total tax
30 260
22 765
26 871
19 161
After tax
13 240
20 735
16 629
24 339
Living cost
35 229
35 229
35 229
35 229
Free-cash
-21 989
-14 494
-18 600
-10 890

Estimated living cost  is ₽35229 per week

₽23496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽11211
-₽16863
-₽48834
-₽11853
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
43 500
social contributions
-
-
-
3 736
communal

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

-
-
-
2 387
national
-
-
-
12 134
total
-
-
-
18 257
Employee

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

71 515
-
33 693
-
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.

5 364
-
2 527
-
national
21 987
-
7 945
-
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.

622
-
292
-
communal

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

3 730
-
1 757
-
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.

3 360
-
1 582
-
total
35 063
-
14 103
-
Employer

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

71 515
-
33 693
-
pensions

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

6 337
-
2 984
-
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.

930
-
438
-
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.

4 398
-
2 072
-
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.

1 044
-
491
-
surtax
8 109
-
3 821
-
total
20 818
-
9 806
-
Corporate
-
43 500
-
-
surtax
-
175
-
-
income
-
8 701
-
-
total
-
8 876
-
-
Dividends
-
34 625
-
-
withholding

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

-
10 023
-
-
total
-
10 023
-
-
Income
43 500
43 500
43 500
43 500
Total tax
55 881
18 899
23 909
18 257
After tax
-12 381
24 601
19 591
25 243
Living cost
36 454
36 454
36 454
36 454
Free-cash
-48 834
-11 853
-16 863
-11 211

Estimated living cost  is ₽36454 per week

₽23481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3187
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽11782
-₽11567
-₽22131
-₽6669
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
43 500
other
-
-
-
44
unemployment
-
-
-
304
accident
-
-
-
391
income
-
-
-
6 127
pensions
-
-
-
12 310
total
-
-
-
19 176
Employee
49 767
-
32 856
-
income
10 501
-
6 196
-
pensions
2 339
-
1 569
-
unemployment
772
-
518
-
other
49
-
34
-
total
13 661
-
8 317
-
Employer
49 767
-
32 856
-
pensions
11 744
-
7 879
-
other
397
-
268
-
accident
985
-
660
-
unemployment
2 738
-
1 837
-
total
15 864
-
10 644
-
Corporate
-
43 500
-
-
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.

-
6 525
-
-
total
-
6 525
-
-
Dividends
-
36 975
-
-
withholding
-
7 538
-
-
total
-
7 538
-
-
Income
43 500
43 500
43 500
43 500
Total tax
29 525
14 063
18 961
19 176
After tax
13 975
29 437
24 539
24 324
Living cost
36 106
36 106
36 106
36 106
Free-cash
-22 131
-6 669
-11 567
-11 782

Estimated living cost  is ₽36106 per week

₽26588
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽25618
-₽25619
-₽41258
-₽26962
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
43 500
accident
-
-
-
429
health
-
-
-
3 567
income
-
-
-
945
communal
-
-
-
-
surtax
-
-
-
2 233
pensions
-
-
-
7 612
total
-
-
-
14 786
Employee
75 713
-
37 814
-
income
7 313
-
945
-
pensions
6 056
-
3 806
-
health
3 370
-
2 117
-
surtax
4 641
-
2 233
-
total
21 380
-
9 101
-
Employer
75 713
-
37 814
-
pensions
6 056
-
3 806
-
accident
681
-
429
-
health
2 309
-
1 451
-
total
9 046
-
5 686
-
Corporate
-
43 500
-
-
communal
-
2 937
-
-
surtax
-
457
-
-
income
-
6 525
-
-
total
-
9 919
-
-
Dividends
-
33 581
-
-
withholding
-
5 037
-
-
income
-
1 174
-
-
total
-
6 211
-
-
Income
43 500
43 500
43 500
43 500
Total tax
30 426
16 130
14 787
14 786
After tax
13 074
27 370
28 713
28 714
Living cost
54 332
54 332
54 332
54 332
Free-cash
-41 258
-26 962
-25 619
-25 618

Estimated living cost  is ₽54332 per week

₽40757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9706
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽2537
₽1481
₽1727
₽4905
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
43 500
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
3 089
income
-
-
-
6 297
surtax
-
-
-
192
pensions
-
-
-
8 701
total
-
-
-
18 507
Employee
33 669
-
35 937
-
income
5 644
-
6 026
-
pensions
2 246
-
2 396
-
unemployment
2 343
-
2 501
-
health
859
-
916
-
other
-
-
-
-
surtax
120
-
161
-
total
11 212
-
12 000
-
Employer
33 669
-
35 937
-
pensions
4 489
-
4 791
-
other
-
-
-
-
health
1 531
-
1 634
-
unemployment
1 068
-
1 138
-
total
7 088
-
7 563
-
Corporate
2 743
43 500
-
-
income
713
11 310
-
-
total
713
11 310
-
-
Dividends
2 029
32 190
-
-
withholding
304
4 829
-
-
total
304
4 829
-
-
Income
43 500
43 500
43 500
43 500
Total tax
19 317
16 139
19 563
18 507
After tax
24 183
27 361
23 937
24 993
Living cost
22 456
22 456
22 456
22 456
Free-cash
1 727
4 905
1 481
2 537

Estimated living cost  is ₽22456 per week

₽13558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6426
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽3119
-₽5562
-₽11960
-₽4067
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
43 500
social contributions
-
-
-
11 188
municipal
-
-
-
258
national
-
-
-
7 585
regional
-
-
-
656
total
-
-
-
19 687
Employee
55 460
-
43 500
-
national
8 786
-
6 646
-
social contributions
18 701
-
14 668
-
municipal
294
-
231
-
regional
747
-
585
-
total
28 528
-
22 130
-
Employer
55 460
-
43 500
-
total
-
-
-
-
Corporate
-
43 500
-
-
nationa
-
10 441
-
-
municipal
-
2 161
-
-
total
-
12 602
-
-
Dividends
-
30 898
-
-
withholding
-
8 033
-
-
total
-
8 033
-
-
Income
43 500
43 500
43 500
43 500
Total tax
28 528
20 635
22 130
19 687
After tax
14 972
22 865
21 370
23 813
Living cost
26 932
26 932
26 932
26 932
Free-cash
-11 960
-4 067
-5 562
-3 119

Estimated living cost  is ₽26932 per week

₽16749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2728
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6993
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8404
-₽7516
-₽14810
₽360
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
43 500
social contributions
-
-
-
12 702
health
-
-
-
5 873
income
-
-
-
3 739
solidarity contribution
-
-
-
-
total
-
-
-
22 314
Employee
43 515
-
32 463
-
income
5 222
-
3 896
-
solidarity contribution
-
-
-
-
social contributions
2 828
-
2 110
-
health
5 875
-
4 382
-
total
13 925
-
10 388
-
Employer
43 515
-
32 463
-
health
3 916
-
2 922
-
social contributions
10 879
-
8 116
-
total
14 795
-
11 038
-
Corporate
-
43 500
-
-
income
-
8 265
-
-
total
-
8 265
-
-
Dividends
-
35 235
-
-
withholding
-
5 285
-
-
total
-
5 285
-
-
Income
43 500
43 500
43 500
43 500
Total tax
28 720
13 550
21 426
22 314
After tax
14 780
29 950
22 074
21 186
Living cost
29 590
29 590
29 590
29 590
Free-cash
-14 810
360
-7 516
-8 404

Estimated living cost  is ₽29590 per week

₽22005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1639
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5434
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽7361
-₽15169
-₽13730
-₽10965
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
43 500
chamber of commerce
-
-
-
175
unemployment
-
-
-
6 132
health
-
-
-
3 328
income
-
-
-
1 281
surtax
-
-
-
-
pensions
-
-
-
8 048
total
-
-
-
18 964
Employee
43 704
39 843
39 843
-
income
3 893
2 939
3 231
-
pensions
4 476
4 079
3 421
-
unemployment
1 311
1 195
1 002
-
health
1 690
1 542
1 294
-
other
436
398
334
-
total
11 806
10 153
9 282
-
Employer
43 704
39 843
39 843
-
pensions
5 485
5 001
4 193
-
other
2 076
1 892
1 838
-
accident
567
518
434
-
health
1 653
1 506
1 264
-
payroll
1 311
1 195
1 195
-
chamber of commerce
175
159
159
-
unemployment
1 311
1 195
1 002
-
surtax
-
-
-
-
total
12 578
11 466
10 085
-
Corporate
3 795
3 795
29 619
-
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.

949
949
7 405
-
total
949
949
7 405
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
43 500
43 500
43 500
43 500
Total tax
25 333
22 568
26 772
18 964
After tax
18 167
20 932
16 728
24 536
Living cost
31 897
31 897
31 897
31 897
Free-cash
-13 730
-10 965
-15 169
-7 361

Estimated living cost  is ₽31897 per week

₽19134
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8936
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽29023
₽20758
₽24650
₽27283
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
43 500
microenterprise

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

-
-
-
435
total
-
-
-
435
Employee
17 552
-
43 500
-
income
3 511
-
8 700
-
total
3 511
-
8 700
-
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%.

25 948
43 500
-
-
total
-
-
-
-
Dividends
25 948
43 500
-
-
withholding
1 297
2 175
-
-
total
1 297
2 175
-
-
Income
43 500
43 500
43 500
43 500
Total tax
4 808
2 175
8 700
435
After tax
38 692
41 325
34 800
43 065
Living cost
14 042
14 042
14 042
14 042
Free-cash
24 650
27 283
20 758
29 023

Estimated living cost  is ₽14042 per week

₽9502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽589
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.
₽3479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽2359
-₽3740
-₽7596
₽3132
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
43 500
unemployment
-
-
-
65
health
-
-
-
4 280
income
-
-
-
6 753
pensions
-
-
-
7 944
total
-
-
-
19 042
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.

44 211
-
37 639
-
income
7 624
-
6 243
-
pensions
6 853
-
5 834
-
unemployment
63
-
53
-
health
2 855
-
2 432
-
total
17 395
-
14 562
-
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.

44 211
-
37 639
-
pensions
3 912
-
3 332
-
health
2 945
-
2 506
-
unemployment
27
-
23
-
total
6 884
-
5 861
-
Corporate
-
43 500
-
-
income
-
8 265
-
-
total
-
8 265
-
-
Dividends
-
35 235
-
-
withholding
-
5 286
-
-
total
-
5 286
-
-
Income
43 500
43 500
43 500
43 500
Total tax
24 279
13 551
20 423
19 042
After tax
19 221
29 949
23 077
24 458
Living cost
26 816
26 816
26 816
26 816
Free-cash
-7 596
3 132
-3 740
-2 359

Estimated living cost  is ₽26816 per week

₽18404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽12987
-₽12674
-₽105262
-₽16584
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
43 500
social contributions
-
-
-
4 959
income
-
-
-
8 479
total
-
-
-
13 438
Employee
61 727
-
-
-
income
13 616
-
-
-
social contributions
5 062
-
721
-
total
18 678
-
721
-
Employer
61 727
-
-
-
social contributions
87 035
-
12 404
-
total
87 035
-
12 404
-
Corporate
-
43 500
-
-
income
-
9 570
-
-
total
-
9 570
-
-
Dividends
-
33 930
-
-
income
-
7 465
-
-
total
-
7 465
-
-
Income
43 500
43 500
43 500
43 500
Total tax
105 713
17 035
13 125
13 438
After tax
-62 213
26 465
30 375
30 062
Living cost
43 049
43 049
43 049
43 049
Free-cash
-105 262
-16 584
-12 674
-12 987

Estimated living cost  is ₽43049 per week

₽27932
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4049
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10520
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5860
-₽6731
-₽13403
-₽6618
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
43 500
social contributions

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

-
-
-
15 116
income
-
-
-
2 884
surtax
-
-
-
-
total
-
-
-
18 000
Employee
45 982
-
35 152
-
income
9 564
-
6 656
-
social contributions
5 058
-
3 867
-
surtax
-
-
-
-
total
14 622
-
10 523
-
Employer
45 982
-
35 152
-
social contributions
10 921
-
8 348
-
total
10 921
-
8 348
-
Corporate
-
43 500
-
-
surtax
-
-
-
-
income
-
9 135
-
-
total
-
9 135
-
-
Dividends
-
34 365
-
-
withholding
-
9 623
-
-
total
-
9 623
-
-
Income
43 500
43 500
43 500
43 500
Total tax
25 543
18 758
18 871
18 000
After tax
17 957
24 742
24 629
25 500
Living cost
31 360
31 360
31 360
31 360
Free-cash
-13 403
-6 618
-6 731
-5 860

Estimated living cost  is ₽31360 per week

₽23464
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1850
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.
₽5523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽21910
-₽21193
-₽38676
-₽26366
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
43 500
other
-
-
-
1 349
social contributions
-
-
-
1 241
health
-
-
-
378
income
-
-
-
1 252
surtax
-
-
-
-
pensions
-
-
-
12 902
total
-
-
-
17 122
Employee
62 618
-
33 147
-
income
5 464
-
1 360
-
pensions
7 083
-
3 747
-
social contributions
1 783
-
945
-
surtax
-
-
-
-
total
14 330
-
6 052
-
Employer
62 618
-
33 147
-
pensions
10 289
-
5 447
-
other
2 161
-
1 144
-
health
4 383
-
2 320
-
unemployment
2 537
-
1 343
-
social contributions
188
-
99
-
total
19 558
-
10 353
-
Corporate
-
43 500
-
-
surtax
-
-
-
-
income
-
12 181
-
-
total
-
12 181
-
-
Dividends
-
31 319
-
-
surtax
-
-
-
-
social contributions
-
5 388
-
-
withholding
-
4 009
-
-
total
-
9 397
-
-
Income
43 500
43 500
43 500
43 500
Total tax
33 888
21 578
16 405
17 122
After tax
9 612
21 922
27 095
26 378
Living cost
48 288
48 288
48 288
48 288
Free-cash
-38 676
-26 366
-21 193
-21 910

Estimated living cost  is ₽48288 per week

₽32681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽662
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽3877
₽5160
₽5739
₽9097
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
43 500
social contributions
-
-
-
9 570
income
-
-
-
-
total
-
-
-
9 570
Employee
32 142
-
37 662
-
social contributions
2 089
-
2 449
-
income
-
-
-
-
total
2 089
-
2 449
-
Employer
32 142
-
37 662
-
social contributions
4 982
-
5 838
-
total
4 982
-
5 838
-
Corporate
6 376
43 500
-
-
income
637
4 350
-
-
total
637
4 350
-
-
Dividends
5 738
39 150
-
-
total
-
-
-
-
Income
43 500
43 500
43 500
43 500
Total tax
7 708
4 350
8 287
9 570
After tax
35 792
39 150
35 213
33 930
Living cost
30 053
30 053
30 053
30 053
Free-cash
5 739
9 097
5 160
3 877

Estimated living cost  is ₽30053 per week

₽19432
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2265
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7790
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽19038
-₽174425
-₽174425
-₽174425
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
43 500
municipal
-
-
-
6 337
national
-
-
-
3 752
labour market
-
-
-
3 411
pensions
-
-
-
867
total
-
-
-
14 367
Employee
203 317
203 317
203 317
-
labour market
16 242
16 242
16 242
-
pensions
289
289
289
-
national
24 839
24 839
24 839
-
municipal
43 295
43 295
43 295
-
total
84 665
84 665
84 665
-
Employer
203 317
203 317
203 317
-
pensions
578
578
578
-
municipal
43 364
43 364
43 364
-
national
24 882
24 882
24 882
-
labour market
16 265
16 265
16 265
-
total
85 089
85 089
85 089
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
43 500
43 500
43 500
43 500
Total tax
169 754
169 754
169 754
14 367
After tax
-126 254
-126 254
-126 254
29 133
Living cost
48 171
48 171
48 171
48 171
Free-cash
-174 425
-174 425
-174 425
-19 038

Estimated living cost  is ₽48171 per week

₽32969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽8481
₽1380
₽212
-₽18068
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
43 500
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
6 490
pensions
-
-
-
4 145
total
-
-
-
13 428
Employee
33 964
-
36 135
-
income
4 659
-
4 957
-
pensions
3 825
-
4 069
-
health
3 889
-
4 138
-
total
12 373
-
13 164
-
Employer
33 964
-
36 135
-
pensions
5 522
-
5 876
-
accident
567
-
604
-
unemployment
832
-
885
-
total
6 921
-
7 365
-
Corporate
2 614
43 500
-
-
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.

2 353
39 150
-
-
total
2 353
39 150
-
-
Dividends
262
4 350
-
-
withholding
50
827
-
-
total
50
827
-
-
Income
43 500
43 500
43 500
43 500
Total tax
21 697
39 977
20 529
13 428
After tax
21 803
3 523
22 971
30 072
Living cost
21 591
21 591
21 591
21 591
Free-cash
212
-18 068
1 380
8 481

Estimated living cost  is ₽21591 per week

₽15716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽3513
-₽10972
-₽19026
-₽8283
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
43 500
municipal
-
-
-
7 785
health
-
-
-
252
national
-
-
-
592
total
-
-
-
8 629
Employee
52 601
-
36 594
-
pensions
3 550
-
2 470
-
national
869
-
2
-
municipal
8 616
-
6 018
-
unemployment
789
-
548
-
health
393
-
146
-
total
14 217
-
9 184
-
Employer
52 601
-
36 594
-
pensions
9 126
-
6 348
-
accident
53
-
36
-
health
404
-
283
-
unemployment
342
-
237
-
total
9 925
-
6 904
-
Corporate
-
43 500
-
-
income
-
8 701
-
-
total
-
8 701
-
-
Dividends

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

-
26 099
-
-
municipal
-
4 698
-
-
national
-
-
-
-
total
-
4 698
-
-
Income
43 500
43 500
43 500
43 500
Total tax
24 142
13 399
16 088
8 629
After tax
19 358
30 101
27 412
34 871
Living cost
38 384
38 384
38 384
38 384
Free-cash
-19 026
-8 283
-10 972
-3 513

Estimated living cost  is ₽38384 per week

₽25073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽12455
₽4154
₽3575
-₽2257
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
43 500
social contributions
-
-
-
6 787
health
-
-
-
1 110
income
-
-
-
-
total
-
-
-
7 897
Employee
76 879
76 879
76 879
-
income
8 371
7 117
8 238
-
social contributions
2 907
6 381
3 279
-
health
596
1 307
672
-
total
11 874
14 805
12 189
-
Employer
76 879
76 879
76 879
-
health
647
1 423
730
-
social contributions
2 907
6 381
3 279
-
total
3 554
7 804
4 009
-
Corporate
4 925
-
-
-
income
617
-
-
-
total
617
-
-
-
Dividends
4 309
-
-
-
withholding
732
-
-
-
total
732
-
-
-
Income
43 500
43 500
43 500
43 500
Total tax
16 777
22 609
16 198
7 897
After tax
26 723
20 891
27 302
35 603
Living cost
23 148
23 148
23 148
23 148
Free-cash
3 575
-2 257
4 154
12 455

Estimated living cost  is ₽23148 per week

₽13873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2271
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6492
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽14288
₽11156
₽15062
₽20149
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 500
unemployment
-
-
-
28
health
-
-
-
3 618
income
-
-
-
3 332
pensions
-
-
-
6 360
total
-
-
-
13 338
Employee

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

22 948
-
39 438
-
income
1 569
-
2 943
-
pensions
3 442
-
5 916
-
unemployment
114
-
197
-
health
1 950
-
3 352
-
total
7 075
-
12 408
-
Employer

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

22 948
-
39 438
-
pensions
1 262
-
2 169
-
health
987
-
1 696
-
unemployment
114
-
197
-
total
2 363
-
4 062
-
Corporate
18 189
43 500
-
-
income
1 637
3 914
-
-
total
1 637
3 914
-
-
Dividends
16 552
39 586
-
-
withholding
1 489
3 563
-
-
total
1 489
3 563
-
-
Income
43 500
43 500
43 500
43 500
Total tax
12 564
7 477
16 470
13 338
After tax
30 936
36 023
27 030
30 162
Living cost
15 874
15 874
15 874
15 874
Free-cash
15 062
20 149
11 156
14 288

Estimated living cost  is ₽15874 per week

₽10128
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4128
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽3169
-₽2954
-₽5253
₽1944
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
43 500
other
-
-
-
44
unemployment
-
-
-
304
accident
-
-
-
391
income
-
-
-
6 127
pensions
-
-
-
12 310
total
-
-
-
19 176
Employee
36 968
-
32 856
-
income
7 127
-
6 196
-
pensions
1 738
-
1 569
-
unemployment
573
-
518
-
other
36
-
34
-
total
9 474
-
8 317
-
Employer
36 968
-
32 856
-
pensions
8 724
-
7 879
-
other
296
-
268
-
accident
732
-
660
-
unemployment
2 034
-
1 837
-
total
11 786
-
10 644
-
Corporate
-
43 500
-
-
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.

-
6 525
-
-
total
-
6 525
-
-
Dividends
-
36 975
-
-
withholding
-
7 538
-
-
total
-
7 538
-
-
Income
43 500
43 500
43 500
43 500
Total tax
21 260
14 063
18 961
19 176
After tax
22 240
29 437
24 539
24 324
Living cost
27 493
27 493
27 493
27 493
Free-cash
-5 253
1 944
-2 954
-3 169

Estimated living cost  is ₽27493 per week

₽18557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2643
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.
₽5811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽23929
₽23733
₽23956
₽24406
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
43 500
health
-
-
-
1 448
income
-
-
-
13 388
pensions
-
-
-
1 997
total
-
-
-
16 833
Employee
4 171
-
41 253
-
income
807
-
13 283
-
pensions
375
-
899
-
unemployment
42
-
100
-
health
209
-
499
-
total
1 433
-
14 781
-
Employer
4 171
-
41 253
-
pensions
459
-
1 099
-
health
396
-
949
-
unemployment
83
-
200
-
total
938
-
2 248
-
Corporate
38 391
43 500
-
-
income
8 446
9 570
-
-
total
8 446
9 570
-
-
Dividends
29 945
33 930
-
-
withholding
5 989
6 786
-
-
total
5 989
6 786
-
-
Income
43 500
43 500
43 500
43 500
Total tax
16 806
16 356
17 029
16 833
After tax
26 694
27 144
26 471
26 667
Living cost
2 738
2 738
2 738
2 738
Free-cash
23 956
24 406
23 733
23 929

Estimated living cost  is ₽2738 per week

₽1627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽4627
₽6500
₽9216
₽14136
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
43 500
unemployment
-
-
-
652
health
-
-
-
4 481
income
-
-
-
5 137
pensions
-
-
-
11 310
total
-
-
-
21 580
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.

26 076
-
36 896
-
income
3 594
-
5 761
-
pensions
3 651
-
5 165
-
unemployment
196
-
277
-
health
1 343
-
1 900
-
total
8 784
-
13 103
-
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.

26 076
-
36 896
-
pensions
3 129
-
4 427
-
health
1 343
-
1 900
-
unemployment
196
-
277
-
total
4 668
-
6 604
-
Corporate
12 756
43 500
-
-
income
1 913
6 525
-
-
total
1 913
6 525
-
-
Dividends
10 843
36 975
-
-
withholding
1 626
5 546
-
-
total
1 626
5 546
-
-
Income
43 500
43 500
43 500
43 500
Total tax
16 991
12 071
19 707
21 580
After tax
26 509
31 429
23 793
21 920
Living cost
17 293
17 293
17 293
17 293
Free-cash
9 216
14 136
6 500
4 627

Estimated living cost  is ₽17293 per week

₽11643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽1454
-₽2325
-₽4520
-₽2212
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
43 500
social contributions

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

-
-
-
15 116
income
-
-
-
2 884
surtax
-
-
-
-
total
-
-
-
18 000
Employee
38 804
-
35 152
-
income
7 582
-
6 656
-
social contributions
4 269
-
3 867
-
surtax
-
-
-
-
total
11 851
-
10 523
-
Employer
38 804
-
35 152
-
social contributions
9 215
-
8 348
-
total
9 215
-
8 348
-
Corporate
-
43 500
-
-
surtax
-
-
-
-
income
-
9 135
-
-
total
-
9 135
-
-
Dividends
-
34 365
-
-
withholding
-
9 623
-
-
total
-
9 623
-
-
Income
43 500
43 500
43 500
43 500
Total tax
21 066
18 758
18 871
18 000
After tax
22 434
24 742
24 629
25 500
Living cost
26 954
26 954
26 954
26 954
Free-cash
-4 520
-2 212
-2 325
-1 454

Estimated living cost  is ₽26954 per week

₽19090
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1873
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽10813
-₽10598
-₽20180
-₽5700
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
43 500
other
-
-
-
44
unemployment
-
-
-
304
accident
-
-
-
391
income
-
-
-
6 127
pensions
-
-
-
12 310
total
-
-
-
19 176
Employee
48 285
-
32 856
-
income
10 085
-
6 196
-
pensions
2 269
-
1 569
-
unemployment
748
-
518
-
other
47
-
34
-
total
13 149
-
8 317
-
Employer
48 285
-
32 856
-
pensions
11 395
-
7 879
-
other
387
-
268
-
accident
956
-
660
-
unemployment
2 656
-
1 837
-
total
15 394
-
10 644
-
Corporate
-
43 500
-
-
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.

-
6 525
-
-
total
-
6 525
-
-
Dividends
-
36 975
-
-
withholding
-
7 538
-
-
total
-
7 538
-
-
Income
43 500
43 500
43 500
43 500
Total tax
28 543
14 063
18 961
19 176
After tax
14 957
29 437
24 539
24 324
Living cost
35 137
35 137
35 137
35 137
Free-cash
-20 180
-5 700
-10 598
-10 813

Estimated living cost  is ₽35137 per week

₽25234
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2732
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6677
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽10445
₽10721
₽13895
₽19990
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
43 500
unemployment
-
-
-
140
health
-
-
-
4 017
income
-
-
-
6 525
pensions

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

-
-
-
5 170
total
-
-
-
15 852
Employee
22 779
-
36 647
-
income
2 278
-
3 665
-
pensions

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

2 000
-
3 067
-
health
1 048
-
1 607
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
total
5 576
-
8 723
-
Employer
22 779
-
36 647
-
pensions

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

2 510
-
3 849
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
health
1 572
-
2 410
-
unemployment
137
-
210
-
total
4 469
-
6 853
-
Corporate
16 252
43 500
-
-
income
1 625
4 350
-
-
total
1 625
4 350
-
-
Dividends
14 627
39 150
-
-
withholding
732
1 957
-
-
total
732
1 957
-
-
Income
43 500
43 500
43 500
43 500
Total tax
12 402
6 307
15 576
15 852
After tax
31 098
37 193
27 924
27 648
Living cost
17 203
17 203
17 203
17 203
Free-cash
13 895
19 990
10 721
10 445

Estimated living cost  is ₽17203 per week

₽11378
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽4475
-₽4475
-₽6246
-₽15996
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
43 500
trade
-
-
-
-
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.

-
-
-
6 830
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.

-
-
-
2 413
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.

-
-
-
133
total
-
-
-
9 376
Employee

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

49 746
-
43 500
-
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.

226
-
133
-
income

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

4 091
-
2 413
-
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.

6 830
-
6 830
-
total
11 147
-
9 376
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
43 500
-
-
trade
-
6 242
-
-
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.

-
359
-
-
income
-
6 525
-
-
chamber of commerce
-
216
-
-
total
-
13 342
-
-
Dividends
-
30 158
-
-
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.

-
395
-
-
withholding
-
7 160
-
-
total
-
7 555
-
-
Income
43 500
43 500
43 500
43 500
Total tax
11 147
20 897
9 376
9 376
After tax
32 353
22 603
34 124
34 124
Living cost
38 599
38 599
38 599
38 599
Free-cash
-6 246
-15 996
-4 475
-4 475

Estimated living cost  is ₽38599 per week

₽26626
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4153
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7259
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽21701
-₽21701
-₽34706
-₽26502
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
43 500
social contributions
-
-
-
2 679
income
-
-
-
5 570
total
-
-
-
8 249
Employee
78 205
-
43 500
-
social contributions
6 497
-
2 679
-
income
14 757
-
5 570
-
total
21 254
-
8 249
-
Employer
78 205
-
43 500
-
total
-
-
-
-
Corporate
-
43 500
-
-
income
-
5 438
-
-
total
-
5 438
-
-
Dividends
-
38 062
-
-
withholding
-
7 612
-
-
total
-
7 612
-
-
Income
43 500
43 500
43 500
43 500
Total tax
21 254
13 050
8 249
8 249
After tax
22 246
30 450
35 251
35 251
Living cost
56 952
56 952
56 952
56 952
Free-cash
-34 706
-26 502
-21 701
-21 701

Estimated living cost  is ₽56952 per week

₽43328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8439
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽27928
-₽4270
-₽9943
-₽12258
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
43 500
health

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

-
-
-
6 677
income
-
-
-
28 459
total
-
-
-
35 136
Employee
45 864
-
39 538
-
social contributions
4 595
-
3 962
-
income
4 977
-
3 554
-
total
9 572
-
7 516
-
Employer
45 864
-
39 538
-
social contributions
4 595
-
3 962
-
total
4 595
-
3 962
-
Corporate
-
43 500
-
-
income
-
15 226
-
-
total
-
15 226
-
-
Dividends
-
28 274
-
-
social contributions
2 984
4 240
-
-
total
2 984
4 240
-
-
Income
43 500
43 500
43 500
43 500
Total tax
17 151
19 466
11 478
35 136
After tax
26 349
24 034
32 022
8 364
Living cost
36 292
36 292
36 292
36 292
Free-cash
-9 943
-12 258
-4 270
-27 928

Estimated living cost  is ₽36292 per week

₽23906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8968
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽4347
-₽8284
-₽13937
-₽4766
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
43 500
income
-
-
-
8 253
pensions
-
-
-
2 235
total
-
-
-
10 488
Employee
51 281
-
39 236
-
income
9 339
-
7 270
-
pensions
3 914
-
2 470
-
health
669
-
421
-
total
13 922
-
10 161
-
Employer
51 281
-
39 236
-
pensions
5 181
-
3 518
-
health
975
-
746
-
total
6 156
-
4 264
-
Corporate
-
43 500
-
-
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.

-
8 264
-
-
total
-
8 264
-
-
Dividends
-
35 236
-
-
withholding
-
2 643
-
-
total
-
2 643
-
-
Income
43 500
43 500
43 500
43 500
Total tax
20 078
10 907
14 425
10 488
After tax
23 422
32 593
29 075
33 012
Living cost
37 359
37 359
37 359
37 359
Free-cash
-13 937
-4 766
-8 284
-4 347

Estimated living cost  is ₽37359 per week

₽25628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽6344
-₽757
-₽1432
-₽20205
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
43 500
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
6 490
pensions
-
-
-
4 145
total
-
-
-
13 428
Employee
37 326
-
36 135
-
income
5 121
-
4 957
-
pensions
4 203
-
4 069
-
health
4 274
-
4 138
-
total
13 598
-
13 164
-
Employer
37 326
-
36 135
-
pensions
6 069
-
5 876
-
accident
623
-
604
-
unemployment
914
-
885
-
total
7 606
-
7 365
-
Corporate
-
43 500
-
-
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.

-
39 150
-
-
total
-
39 150
-
-
Dividends
-
4 350
-
-
withholding
-
827
-
-
total
-
827
-
-
Income
43 500
43 500
43 500
43 500
Total tax
21 204
39 977
20 529
13 428
After tax
22 296
3 523
22 971
30 072
Living cost
23 728
23 728
23 728
23 728
Free-cash
-1 432
-20 205
-757
6 344

Estimated living cost  is ₽23728 per week

₽17414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽12870
₽12870
₽18614
₽23474
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
43 500
work injury
-
-
-
217
unemployment
-
-
-
522
income
-
-
-
5 167
health insurance
-
-
-
3 219
pensions
-
-
-
8 004
total
-
-
-
17 129
Employee

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

21 601
-
43 500
-
income
2 160
-
5 167
-
work injury
108
-
217
-
pensions
3 975
-
8 004
-
unemployment
259
-
522
-
health insurance
1 598
-
3 219
-
total
8 100
-
17 129
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
21 899
43 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
21 899
43 500
-
-
withholding
3 285
6 525
-
-
total
3 285
6 525
-
-
Income
43 500
43 500
43 500
43 500
Total tax
11 385
6 525
17 129
17 129
After tax
32 115
36 975
26 371
26 371
Living cost
13 501
13 501
13 501
13 501
Free-cash
18 614
23 474
12 870
12 870

Estimated living cost  is ₽13501 per week

₽8364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

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Rome , Italy
-₽15989
-₽18405
-₽40749
-₽16916
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
43 500
social contributions
-
-
-
11 188
municipal
-
-
-
290
national
-
-
-
7 585
regional
-
-
-
597
total
-
-
-
19 660
Employee
84 248
-
43 500
-
national
14 237
-
6 646
-
social contributions
28 408
-
14 668
-
municipal
503
-
260
-
regional
1 272
-
502
-
total
44 420
-
22 076
-
Employer
84 248
-
43 500
-
total
-
-
-
-
Corporate
-
43 500
-
-
nationa
-
10 441
-
-
municipal
-
2 096
-
-
total
-
12 537
-
-
Dividends
-
30 963
-
-
withholding
-
8 050
-
-
total
-
8 050
-
-
Income
43 500
43 500
43 500
43 500
Total tax
44 420
20 587
22 076
19 660
After tax
-920
22 913
21 424
23 840
Living cost
39 829
39 829
39 829
39 829
Free-cash
-40 749
-16 916
-18 405
-15 989

Estimated living cost  is ₽39829 per week

₽27977
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8509
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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 Rome model

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