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
₽ 45500
per

Your estimated
City
free-cash

Dresden , Germany
-₽7399
₽3762
₽5027
₽5027
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
45 500
trade
-
-
-
-
income

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

-
-
-
2 855
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.

-
-
-
6 894
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.

-
-
-
157
total
-
-
-
9 906
Employee

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

38 599
-
45 500
-
health

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

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

6 894
-
6 894
-
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
-
157
-
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.

1 078
-
2 855
-
total
8 031
-
9 906
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
6 901
45 500
-
-
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.

57
375
-
-
income
1 034
6 825
-
-
trade
1 088
7 166
-
-
chamber of commerce
163
218
-
-
total
2 342
14 584
-
-
Dividends
4 559
30 914
-
-
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.

42
404
-
-
withholding
756
7 344
-
-
total
798
7 748
-
-
Income
45 500
45 500
45 500
45 500
Total tax
11 171
22 332
9 906
9 906
After tax
34 329
23 168
35 594
35 594
Living cost
30 567
30 567
30 567
30 567
Free-cash
3 762
-7 399
5 027
5 027

Estimated living cost  is ₽30567 per week

₽19228
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
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.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽22602
-₽40724
-₽21774
-₽21417
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
45 500
municipal
-
-
-
4 052
pensions
-
-
-
5 460
national
-
-
-
6 279
social contributions
-
-
-
489
total
-
-
-
16 280
Employee
79 050
-
39 334
-
municipal
9 764
-
4 228
-
pensions
3 162
-
1 573
-
national
15 130
-
6 552
-
total
28 056
-
12 353
-
Employer
79 050
-
39 334
-
social contributions
850
-
423
-
pensions
6 324
-
3 147
-
total
7 174
-
3 570
-
Corporate
-
45 500
-
-
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%.

-
9 100
-
-
total
-
9 100
-
-
Dividends
-
36 400
-
-
withholding
-
8 008
-
-
total
-
8 008
-
-
Income
45 500
45 500
45 500
45 500
Total tax
35 230
17 108
15 923
16 280
After tax
10 270
28 392
29 577
29 220
Living cost
50 994
50 994
50 994
50 994
Free-cash
-40 724
-22 602
-21 417
-21 774

Estimated living cost  is ₽50994 per week

₽34660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽15404
₽7128
₽14503
₽5112
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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.

-
-
-
45 500
microenterprise
-
-
-
6 825
income
-
-
-
-
surtax
-
-
-
-
social contributions

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

-
-
-
3 177
total
-
-
-
10 002
Employee
29 489
-
36 667
-
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.

3 244
-
4 033
-
surtax
-
-
-
-
income
5 249
-
6 527
-
total
8 493
-
10 560
-
Employer
29 489
-
36 667
-
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.

7 103
-
8 833
-
surtax
-
-
-
-
total
7 103
-
8 833
-
Corporate
8 908
45 500
-
-
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%.

1 781
9 101
-
-
total
1 781
9 101
-
-
Dividends

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

7 127
36 399
-
-
total
-
-
-
-
Income
45 500
45 500
45 500
45 500
Total tax
17 377
9 101
19 393
10 002
After tax
28 123
36 399
26 107
35 498
Living cost
20 995
20 995
20 995
20 995
Free-cash
7 128
15 404
5 112
14 503

Estimated living cost  is ₽20995 per week

₽13394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽49047
-₽54712
-₽16140
-₽54712
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
45 500
income
-
-
-
4 189
pensions
-
-
-
8 191
health
-
-
-
6 984
total
-
-
-
19 364
Employee
86 180
86 180
86 180
-
health
13 228
11 251
13 228
-
income

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

14 106
14 106
14 106
-
pensions
15 512
11 824
15 512
-
total
42 846
37 181
42 846
-
Employer
86 180
86 180
86 180
-
unemployment
3 102
3 102
3 102
-
pensions
5 998
5 998
5 998
-
health
5 990
5 990
5 990
-
total
15 090
15 090
15 090
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
45 500
45 500
45 500
45 500
Total tax
57 936
52 271
57 936
19 364
After tax
-12 436
-6 771
-12 436
26 136
Living cost
42 276
42 276
42 276
42 276
Free-cash
-54 712
-49 047
-54 712
-16 140

Estimated living cost  is ₽42276 per week

₽29960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽14149
-₽27517
-₽16311
-₽14693
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
45 500
municipal
-
-
-
9 637
accident
-
-
-
91
pensions
-
-
-
4 919
other
-
-
-
5 287
unemployment
-
-
-
46
health
-
-
-
2 839
national
-
-
-
-
total
-
-
-
22 819
Employee
55 560
-
34 622
-
municipal
16 568
-
10 324
-
national
-
-
-
-
total
16 568
-
10 324
-
Employer
55 560
-
34 622
-
accident
111
-
69
-
other
6 456
-
4 023
-
unemployment
1 467
-
914
-
pensions
6 006
-
3 742
-
health
3 417
-
2 129
-
total
17 457
-
10 877
-
Corporate
-
45 500
-
-
income
-
10 010
-
-
total
-
10 010
-
-
Dividends
-
35 490
-
-
withholding
-
10 647
-
-
total
-
10 647
-
-
Income
45 500
45 500
45 500
45 500
Total tax
34 025
20 657
21 201
22 819
After tax
11 475
24 843
24 299
22 681
Living cost
38 992
38 992
38 992
38 992
Free-cash
-27 517
-14 149
-14 693
-16 311

Estimated living cost  is ₽38992 per week

₽25842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽16713
-₽5677
-₽4051
-₽4051
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
45 500
trade
-
-
-
-
income

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

-
-
-
2 855
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.

-
-
-
6 894
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.

-
-
-
157
total
-
-
-
9 906
Employee

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

51 178
-
45 500
-
health

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

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

6 894
-
6 894
-
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.

241
-
157
-
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.

4 397
-
2 855
-
total
11 532
-
9 906
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
45 500
-
-
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.

-
375
-
-
income
-
6 825
-
-
trade
-
7 484
-
-
chamber of commerce
-
218
-
-
total
-
14 902
-
-
Dividends
-
30 597
-
-
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.

-
400
-
-
withholding
-
7 266
-
-
total
-
7 666
-
-
Income
45 500
45 500
45 500
45 500
Total tax
11 532
22 568
9 906
9 906
After tax
33 968
22 932
35 594
35 594
Living cost
39 645
39 645
39 645
39 645
Free-cash
-5 677
-16 713
-4 051
-4 051

Estimated living cost  is ₽39645 per week

₽26515
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8358
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽10055
-₽4537
₽4509
-₽3827
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
45 500
income
-
-
-
-
health
-
-
-
1 161
social contributions
-
-
-
7 097
total
-
-
-
8 258
Employee
77 601
77 601
77 601
-
social contributions
3 771
6 441
3 428
-
health
772
1 320
703
-
income
8 149
7 184
8 271
-
total
12 692
14 945
12 402
-
Employer
77 601
77 601
77 601
-
social contributions
3 771
6 441
3 428
-
health
841
1 436
764
-
total
4 612
7 877
4 192
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
45 500
45 500
45 500
45 500
Total tax
17 304
22 822
16 594
8 258
After tax
28 196
22 678
28 906
37 242
Living cost
32 733
32 733
32 733
32 733
Free-cash
-4 537
-10 055
-3 827
4 509

Estimated living cost  is ₽32733 per week

₽22376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽7502
₽7883
₽13185
₽8040
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
45 500
income
-
-
-
5 562
pensions
-
-
-
4 550
unemployment
-
-
-
682
health
-
-
-
3 185
total
-
-
-
13 979
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.

26 469
10 534
38 075
-
health
1 853
737
2 665
-
income
3 236
1 288
4 655
-
pensions
2 647
1 053
3 808
-
unemployment
397
158
571
-
total
8 133
3 236
11 699
-
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.

26 469
10 534
38 075
-
pensions
5 161
2 054
7 425
-
total
5 161
2 054
7 425
-
Corporate
13 870
32 912
-
-
income
1 248
2 962
-
-
total
1 248
2 962
-
-
Dividends
12 622
29 950
-
-
social contributions
2 341
5 720
-
-
withholding
2 398
5 690
-
-
total
4 739
11 410
-
-
Income
45 500
45 500
45 500
45 500
Total tax
19 281
19 662
19 124
13 979
After tax
26 219
25 838
26 376
31 521
Living cost
18 336
18 336
18 336
18 336
Free-cash
7 883
7 502
8 040
13 185

Estimated living cost  is ₽18336 per week

₽12513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽12024
₽5756
₽1989
₽3570
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
45 500
income
-
-
-
4 121
pensions
-
-
-
9 099
health
-
-
-
5 916
total
-
-
-
19 136
Employee
28 629
-
34 007
-
income
3 223
-
4 838
-
pensions
573
-
680
-
unemployment
458
-
544
-
total
4 254
-
6 062
-
Employer
28 629
-
34 007
-
unemployment
230
-
272
-
pensions
5 726
-
6 801
-
health
3 721
-
4 420
-
total
9 677
-
11 493
-
Corporate
7 194
45 500
-
-
income
1 438
9 101
-
-
total
1 438
9 101
-
-
Dividends
5 756
36 399
-
-
total
-
-
-
-
Income
45 500
45 500
45 500
45 500
Total tax
15 369
9 101
17 555
19 136
After tax
30 131
36 399
27 945
26 364
Living cost
24 375
24 375
24 375
24 375
Free-cash
5 756
12 024
3 570
1 989

Estimated living cost  is ₽24375 per week

₽16719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽18386
₽300
₽9505
₽1956
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
45 500
accident
-
-
-
253
income
-
-
-
6 936
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
13 923
Employee
34 721
-
37 797
-
health
3 975
-
4 328
-
income
4 763
-
5 185
-
pensions
3 910
-
4 256
-
total
12 648
-
13 769
-
Employer
34 721
-
37 797
-
accident
580
-
631
-
unemployment
851
-
926
-
pensions
5 646
-
6 146
-
total
7 077
-
7 703
-
Corporate
3 703
45 500
-
-
income

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

3 333
40 950
-
-
total
3 333
40 950
-
-
Dividends
370
4 550
-
-
withholding
70
864
-
-
total
70
864
-
-
Income
45 500
45 500
45 500
45 500
Total tax
23 128
41 814
21 472
13 923
After tax
22 372
3 686
24 028
31 577
Living cost
22 072
22 072
22 072
22 072
Free-cash
300
-18 386
1 956
9 505

Estimated living cost  is ₽22072 per week

₽16177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
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.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽34145
₽32442
₽35965
₽27320
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
45 500
microenterprise

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

-
-
-
455
total
-
-
-
455
Employee
11 349
-
45 500
-
income
2 270
-
9 100
-
total
2 270
-
9 100
-
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%.

34 151
45 500
-
-
total
-
-
-
-
Dividends
34 151
45 500
-
-
withholding
1 708
2 275
-
-
total
1 708
2 275
-
-
Income
45 500
45 500
45 500
45 500
Total tax
3 978
2 275
9 100
455
After tax
41 522
43 225
36 400
45 045
Living cost
9 080
9 080
9 080
9 080
Free-cash
32 442
34 145
27 320
35 965

Estimated living cost  is ₽9080 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽6538
-₽377
-₽2254
-₽222
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
45 500
income
-
-
-
5 778
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.

-
-
-
10 922
other
-
-
-
2 162
health
-
-
-
2 001
total
-
-
-
20 863
Employee
36 642
-
36 342
-
health
513
-
509
-
income
6 308
-
6 257
-
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.

2 564
-
2 543
-
unemployment
366
-
364
-
total
9 751
-
9 673
-
Employer
36 642
-
36 342
-
accident
293
-
291
-
other
1 833
-
1 816
-
unemployment
366
-
364
-
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.

6 230
-
6 178
-
health
513
-
509
-
total
9 235
-
9 158
-
Corporate
-
45 500
-
-
income
-
9 555
-
-
total
-
9 555
-
-
Dividends
-
35 945
-
-
withholding
-
2 516
-
-
total
-
2 516
-
-
Income
45 500
45 500
45 500
45 500
Total tax
18 986
12 071
18 831
20 863
After tax
26 514
33 429
26 669
24 637
Living cost
26 891
26 891
26 891
26 891
Free-cash
-377
6 538
-222
-2 254

Estimated living cost  is ₽26891 per week

₽19000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1816
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽33633
-₽63456
-₽33250
-₽37439
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
45 500
income
-
-
-
8 620
pensions
-
-
-
2 404
total
-
-
-
11 024
Employee
95 822
-
40 977
-
health
1 579
-
455
-
income
17 273
-
7 572
-
pensions
9 244
-
2 663
-
total
28 096
-
10 690
-
Employer
95 822
-
40 977
-
pensions
11 314
-
3 745
-
health
1 820
-
778
-
total
13 134
-
4 523
-
Corporate
-
45 500
-
-
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.

-
8 644
-
-
total
-
8 644
-
-
Dividends
-
36 856
-
-
withholding
-
2 763
-
-
total
-
2 763
-
-
Income
45 500
45 500
45 500
45 500
Total tax
41 230
11 407
15 213
11 024
After tax
4 270
34 093
30 287
34 476
Living cost
67 726
67 726
67 726
67 726
Free-cash
-63 456
-33 633
-37 439
-33 250

Estimated living cost  is ₽67726 per week

₽50749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽25663
₽20973
₽16019
₽16375
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
45 500
income
-
-
-
6 825
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
16 242
Employee
17 531
-
38 580
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
3 858
-
pensions

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

1 539
-
3 097
-
total
4 291
-
8 965
-
Employer
17 531
-
38 580
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
24 529
45 500
-
-
income
2 453
4 550
-
-
total
2 453
4 550
-
-
Dividends
22 076
40 950
-
-
withholding
1 104
2 048
-
-
total
1 104
2 048
-
-
Income
45 500
45 500
45 500
45 500
Total tax
11 288
6 598
15 886
16 242
After tax
34 212
38 902
29 614
29 258
Living cost
13 239
13 239
13 239
13 239
Free-cash
20 973
25 663
16 375
16 019

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽62732
-₽64446
-₽29825
-₽68397
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
45 500
income
-
-
-
4 189
pensions
-
-
-
8 191
health
-
-
-
6 984
total
-
-
-
19 364
Employee
93 564
86 180
86 180
-
health
11 673
11 251
13 228
-
income

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

14 106
14 106
14 106
-
pensions
11 824
11 824
15 512
-
total
37 603
37 181
42 846
-
Employer
93 564
86 180
86 180
-
unemployment
3 369
3 102
3 102
-
pensions
6 511
5 998
5 998
-
health
6 502
5 990
5 990
-
total
16 382
15 090
15 090
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
45 500
45 500
45 500
45 500
Total tax
53 985
52 271
57 936
19 364
After tax
-8 485
-6 771
-12 436
26 136
Living cost
55 961
55 961
55 961
55 961
Free-cash
-64 446
-62 732
-68 397
-29 825

Estimated living cost  is ₽55961 per week

₽41280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽7156
-₽2130
-₽2011
-₽1082
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
45 500
income
-
-
-
3 911
health
-
-
-
6 143
solidarity contribution
-
-
-
-
social contributions
-
-
-
13 286
total
-
-
-
23 340
Employee
35 546
-
33 955
-
social contributions
2 310
-
2 207
-
health
4 799
-
4 584
-
solidarity contribution
-
-
-
-
income
4 265
-
4 075
-
total
11 374
-
10 866
-
Employer
35 546
-
33 955
-
social contributions
8 886
-
8 489
-
health
3 199
-
3 056
-
total
12 085
-
11 545
-
Corporate
-
45 500
-
-
income
-
8 645
-
-
total
-
8 645
-
-
Dividends
-
36 855
-
-
withholding
-
5 528
-
-
total
-
5 528
-
-
Income
45 500
45 500
45 500
45 500
Total tax
23 459
14 173
22 411
23 340
After tax
22 041
31 327
23 089
22 160
Living cost
24 171
24 171
24 171
24 171
Free-cash
-2 130
7 156
-1 082
-2 011

Estimated living cost  is ₽24171 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
-₽18309
-₽44189
-₽17467
-₽20037
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
45 500
municipal
-
-
-
270
regional
-
-
-
434
national
-
-
-
7 976
social contributions
-
-
-
11 703
total
-
-
-
20 383
Employee
89 690
-
45 500
-
social contributions
30 243
-
15 342
-
regional
846
-
376
-
municipal
475
-
241
-
national
15 541
-
6 994
-
total
47 105
-
22 953
-
Employer
89 690
-
45 500
-
total
-
-
-
-
Corporate
-
45 500
-
-
nationa
-
10 920
-
-
municipal
-
1 775
-
-
total
-
12 695
-
-
Dividends
-
32 805
-
-
withholding
-
8 530
-
-
total
-
8 530
-
-
Income
45 500
45 500
45 500
45 500
Total tax
47 105
21 225
22 953
20 383
After tax
-1 605
24 275
22 547
25 117
Living cost
42 584
42 584
42 584
42 584
Free-cash
-44 189
-18 309
-20 037
-17 467

Estimated living cost  is ₽42584 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽6351
₽3209
₽3865
₽2749
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
45 500
income
-
-
-
6 588
pensions
-
-
-
9 101
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
3 229
surtax
-
-
-
218
total
-
-
-
19 366
Employee
33 373
-
37 589
-
other
-
-
-
-
health
852
-
959
-
surtax
109
-
188
-
income
5 594
-
6 301
-
pensions
2 225
-
2 507
-
unemployment
2 323
-
2 616
-
total
11 103
-
12 571
-
Employer
33 373
-
37 589
-
other
-
-
-
-
unemployment
1 057
-
1 191
-
pensions
4 449
-
5 010
-
health
1 519
-
1 710
-
total
7 025
-
7 911
-
Corporate
5 102
45 500
-
-
income
1 327
11 830
-
-
total
1 327
11 830
-
-
Dividends
3 775
33 670
-
-
withholding
567
5 050
-
-
total
567
5 050
-
-
Income
45 500
45 500
45 500
45 500
Total tax
20 022
16 880
20 482
19 366
After tax
25 478
28 620
25 018
26 134
Living cost
22 269
22 269
22 269
22 269
Free-cash
3 209
6 351
2 749
3 865

Estimated living cost  is ₽22269 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽12176
-₽26890
-₽11793
-₽15982
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
45 500
income
-
-
-
8 620
pensions
-
-
-
2 404
total
-
-
-
11 024
Employee
64 218
-
40 977
-
health
932
-
455
-
income
11 566
-
7 572
-
pensions
5 451
-
2 663
-
total
17 949
-
10 690
-
Employer
64 218
-
40 977
-
pensions
6 952
-
3 745
-
health
1 220
-
778
-
total
8 172
-
4 523
-
Corporate
-
45 500
-
-
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.

-
8 644
-
-
total
-
8 644
-
-
Dividends
-
36 856
-
-
withholding
-
2 763
-
-
total
-
2 763
-
-
Income
45 500
45 500
45 500
45 500
Total tax
26 121
11 407
15 213
11 024
After tax
19 379
34 093
30 287
34 476
Living cost
46 269
46 269
46 269
46 269
Free-cash
-26 890
-12 176
-15 982
-11 793

Estimated living cost  is ₽46269 per week

₽34664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
-₽55467
-₽52264
-₽37493
-₽40259
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
45 500
city
-
-
-
478
pensions
-
-
-
4 186
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.

-
-
-
911
regional
-
-
-
805
health
-
-
-
249
national
-
-
-
90
total
-
-
-
6 719
Employee
89 260
-
40 479
-
city
958
-
431
-
regional
2 923
-
650
-
health
202
-
90
-
pensions
7 499
-
3 677
-
unemployment
-
-
-
-
national
422
-
61
-
total
12 004
-
4 909
-
Employer
89 260
-
40 479
-
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.

1 785
-
809
-
unemployment
-
-
-
-
pensions
7 499
-
3 677
-
health
202
-
90
-
total
9 486
-
4 576
-
Corporate
-
45 500
-
-
regional
-
9 623
-
-
national
-
3 867
-
-
total
-
13 490
-
-
Dividends
-
32 010
-
-
withholding
-
11 203
-
-
total
-
11 203
-
-
Income
45 500
45 500
45 500
45 500
Total tax
21 490
24 693
9 485
6 719
After tax
24 010
20 807
36 015
38 781
Living cost
76 274
76 274
76 274
76 274
Free-cash
-52 264
-55 467
-40 259
-37 493

Estimated living cost  is ₽76274 per week

₽49600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽23532
-₽15150
-₽10637
-₽10637
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
45 500
trade
-
-
-
-
income

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

-
-
-
2 855
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.

-
-
-
6 894
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.

-
-
-
157
total
-
-
-
9 906
Employee

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

60 650
-
45 500
-
health

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

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

6 894
-
6 894
-
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.

393
-
157
-
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.

7 132
-
2 855
-
total
14 419
-
9 906
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
45 500
-
-
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.

-
375
-
-
income
-
6 825
-
-
trade
-
7 804
-
-
chamber of commerce
-
216
-
-
total
-
15 220
-
-
Dividends
-
30 279
-
-
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
-
7 186
-
-
total
-
7 581
-
-
Income
45 500
45 500
45 500
45 500
Total tax
14 419
22 801
9 906
9 906
After tax
31 081
22 699
35 594
35 594
Living cost
46 231
46 231
46 231
46 231
Free-cash
-15 150
-23 532
-10 637
-10 637

Estimated living cost  is ₽46231 per week

₽33765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
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.
₽8168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽11596
-₽11178
-₽6981
-₽6281
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
45 500
income
-
-
-
1 415
pensions
-
-
-
13 436
other
-
-
-
1 411
health
-
-
-
395
surtax
-
-
-
-
social contributions
-
-
-
1 297
total
-
-
-
17 954
Employee
43 191
-
34 672
-
social contributions
1 231
-
988
-
surtax
-
-
-
-
income
2 549
-
1 519
-
pensions
4 884
-
3 920
-
total
8 664
-
6 427
-
Employer
43 191
-
34 672
-
other
1 490
-
1 197
-
social contributions
130
-
103
-
unemployment
1 748
-
1 404
-
pensions
7 095
-
5 697
-
health
3 024
-
2 426
-
total
13 487
-
10 827
-
Corporate
-
45 500
-
-
surtax
-
-
-
-
income
-
12 739
-
-
total
-
12 739
-
-
Dividends
-
32 761
-
-
surtax
-
-
-
-
social contributions
-
5 636
-
-
withholding
-
4 194
-
-
total
-
9 830
-
-
Income
45 500
45 500
45 500
45 500
Total tax
22 151
22 569
17 254
17 954
After tax
23 349
22 931
28 246
27 546
Living cost
34 527
34 527
34 527
34 527
Free-cash
-11 178
-11 596
-6 281
-6 981

Estimated living cost  is ₽34527 per week

₽21771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8176
-₽5095
-₽3561
-₽2861
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
45 500
income
-
-
-
1 415
pensions
-
-
-
13 436
other
-
-
-
1 411
health
-
-
-
395
surtax
-
-
-
-
social contributions
-
-
-
1 297
total
-
-
-
17 954
Employee
38 554
-
34 672
-
social contributions
1 099
-
988
-
surtax
-
-
-
-
income
1 988
-
1 519
-
pensions
4 361
-
3 920
-
total
7 448
-
6 427
-
Employer
38 554
-
34 672
-
other
1 331
-
1 197
-
social contributions
115
-
103
-
unemployment
1 561
-
1 404
-
pensions
6 335
-
5 697
-
health
2 698
-
2 426
-
total
12 040
-
10 827
-
Corporate
-
45 500
-
-
surtax
-
-
-
-
income
-
12 739
-
-
total
-
12 739
-
-
Dividends
-
32 761
-
-
surtax
-
-
-
-
social contributions
-
5 636
-
-
withholding
-
4 194
-
-
total
-
9 830
-
-
Income
45 500
45 500
45 500
45 500
Total tax
19 488
22 569
17 254
17 954
After tax
26 012
22 931
28 246
27 546
Living cost
31 107
31 107
31 107
31 107
Free-cash
-5 095
-8 176
-2 861
-3 561

Estimated living cost  is ₽31107 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽6359
₽6460
₽7821
₽6344
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
45 500
income
-
-
-
6 825
health
-
-
-
3 175
social contributions
-
-
-
6 280
total
-
-
-
16 280
Employee
34 217
-
45 500
-
social contributions
4 723
-
6 280
-
health
2 388
-
3 175
-
income
5 707
-
8 302
-
total
12 818
-
17 757
-
Employer
34 217
-
45 500
-
total
-
-
-
-
Corporate
11 283
45 500
-
-
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%.

565
2 275
-
-
total
565
2 275
-
-
Dividends
10 718
43 225
-
-
health
891
3 016
-
-
social contributions
1 760
5 966
-
-
withholding
1 607
6 485
-
-
total
4 258
15 467
-
-
Income
45 500
45 500
45 500
45 500
Total tax
17 641
17 742
17 757
16 280
After tax
27 859
27 758
27 743
29 220
Living cost
21 399
21 399
21 399
21 399
Free-cash
6 460
6 359
6 344
7 821

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1320
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽13043
-₽20606
-₽10116
-₽17975
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
45 500
chamber of commerce
-
-
-
182
income
-
-
-
1 586
pensions
-
-
-
8 417
unemployment
-
-
-
6 190
health
-
-
-
3 482
surtax
-
-
-
199
total
-
-
-
20 056
Employee
50 434
40 217
40 217
-
other
504
402
349
-
health
1 952
1 557
1 350
-
income
5 742
2 967
3 210
-
pensions
5 165
4 117
3 572
-
unemployment
1 513
1 207
1 046
-
total
14 876
10 250
9 527
-
Employer
50 434
40 217
40 217
-
accident
655
523
454
-
other
2 396
1 909
1 865
-
chamber of commerce
201
161
161
-
unemployment
1 513
1 207
1 046
-
surtax
199
199
199
-
pensions
6 329
5 048
4 376
-
payroll
1 513
1 207
1 207
-
health
1 906
1 521
1 318
-
total
14 712
11 775
10 626
-
Corporate
3 830
3 830
31 045
-
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.

958
958
7 762
-
total
958
958
7 762
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
45 500
45 500
45 500
45 500
Total tax
30 546
22 983
27 915
20 056
After tax
14 954
22 517
17 585
25 444
Living cost
35 560
35 560
35 560
35 560
Free-cash
-20 606
-13 043
-17 975
-10 116

Estimated living cost  is ₽35560 per week

₽23717
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3034
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.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽11076
-₽47699
-₽10638
-₽16446
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
45 500
national
-
-
-
12 752
communal

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

-
-
-
2 484
social contributions
-
-
-
4 106
total
-
-
-
19 342
Employee

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

72 187
-
35 243
-
communal

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

3 765
-
1 839
-
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.

3 392
-
1 657
-
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.

5 414
-
2 643
-
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.

628
-
306
-
national
22 193
-
8 449
-
total
35 392
-
14 894
-
Employer

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

72 187
-
35 243
-
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.

938
-
458
-
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.

1 053
-
515
-
surtax
8 185
-
3 995
-
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.

6 396
-
3 122
-
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.

4 439
-
2 166
-
total
21 011
-
10 256
-
Corporate
-
45 500
-
-
surtax
-
182
-
-
income
-
9 101
-
-
total
-
9 283
-
-
Dividends
-
36 217
-
-
withholding

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

-
10 497
-
-
total
-
10 497
-
-
Income
45 500
45 500
45 500
45 500
Total tax
56 403
19 780
25 150
19 342
After tax
-10 903
25 720
20 350
26 158
Living cost
36 796
36 796
36 796
36 796
Free-cash
-47 699
-11 076
-16 446
-10 638

Estimated living cost  is ₽36796 per week

₽23701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5663
-₽20748
-₽11048
-₽10697
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
45 500
accident
-
-
-
410
income
-
-
-
6 451
pensions
-
-
-
12 877
other
-
-
-
46
unemployment
-
-
-
318
total
-
-
-
20 102
Employee
50 235
-
34 500
-
other
50
-
34
-
income
10 599
-
6 562
-
pensions
2 361
-
1 622
-
unemployment
779
-
534
-
total
13 789
-
8 752
-
Employer
50 235
-
34 500
-
accident
994
-
684
-
other
400
-
276
-
unemployment
2 764
-
1 898
-
pensions
11 855
-
8 141
-
total
16 013
-
10 999
-
Corporate
-
45 500
-
-
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.

-
6 825
-
-
total
-
6 825
-
-
Dividends
-
38 675
-
-
withholding
-
7 892
-
-
total
-
7 892
-
-
Income
45 500
45 500
45 500
45 500
Total tax
29 802
14 717
19 751
20 102
After tax
15 698
30 783
25 749
25 398
Living cost
36 446
36 446
36 446
36 446
Free-cash
-20 748
-5 663
-10 697
-11 048

Estimated living cost  is ₽36446 per week

₽26838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽26215
-₽40055
-₽24553
-₽24554
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
45 500
accident
-
-
-
433
income
-
-
-
1 129
pensions
-
-
-
7 683
health
-
-
-
3 600
surtax
-
-
-
2 365
communal
-
-
-
-
total
-
-
-
15 210
Employee
76 425
-
39 760
-
health
3 401
-
2 137
-
surtax
4 684
-
2 365
-
income
7 382
-
1 127
-
pensions
6 113
-
3 842
-
total
21 580
-
9 471
-
Employer
76 425
-
39 760
-
accident
688
-
433
-
pensions
6 113
-
3 842
-
health
2 331
-
1 465
-
total
9 132
-
5 740
-
Corporate
-
45 500
-
-
surtax
-
477
-
-
communal
-
3 072
-
-
income
-
6 825
-
-
total
-
10 374
-
-
Dividends
-
35 126
-
-
income
-
1 230
-
-
withholding
-
5 268
-
-
total
-
6 498
-
-
Income
45 500
45 500
45 500
45 500
Total tax
30 712
16 872
15 211
15 210
After tax
14 788
28 628
30 289
30 290
Living cost
54 843
54 843
54 843
54 843
Free-cash
-40 055
-26 215
-24 554
-24 553

Estimated living cost  is ₽54843 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽5953
₽2742
₽3467
₽2351
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
45 500
income
-
-
-
6 588
pensions
-
-
-
9 101
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
3 229
surtax
-
-
-
218
total
-
-
-
19 366
Employee
33 986
-
37 589
-
other
-
-
-
-
health
868
-
959
-
surtax
121
-
188
-
income
5 697
-
6 301
-
pensions
2 267
-
2 507
-
unemployment
2 365
-
2 616
-
total
11 318
-
12 571
-
Employer
33 986
-
37 589
-
other
-
-
-
-
unemployment
1 078
-
1 191
-
pensions
4 531
-
5 010
-
health
1 545
-
1 710
-
total
7 154
-
7 911
-
Corporate
4 359
45 500
-
-
income
1 134
11 830
-
-
total
1 134
11 830
-
-
Dividends
3 226
33 670
-
-
withholding
485
5 050
-
-
total
485
5 050
-
-
Income
45 500
45 500
45 500
45 500
Total tax
20 091
16 880
20 482
19 366
After tax
25 409
28 620
25 018
26 134
Living cost
22 667
22 667
22 667
22 667
Free-cash
2 742
5 953
2 351
3 467

Estimated living cost  is ₽22667 per week

₽13685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽3271
-₽10482
-₽2321
-₽4874
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
45 500
municipal
-
-
-
270
regional
-
-
-
687
national
-
-
-
7 976
social contributions
-
-
-
11 703
total
-
-
-
20 636
Employee
55 981
-
45 500
-
social contributions
18 877
-
15 342
-
regional
754
-
612
-
municipal
297
-
241
-
national
8 869
-
6 994
-
total
28 797
-
23 189
-
Employer
55 981
-
45 500
-
total
-
-
-
-
Corporate
-
45 500
-
-
nationa
-
10 920
-
-
municipal
-
2 262
-
-
total
-
13 182
-
-
Dividends
-
32 318
-
-
withholding
-
8 404
-
-
total
-
8 404
-
-
Income
45 500
45 500
45 500
45 500
Total tax
28 797
21 586
23 189
20 636
After tax
16 703
23 914
22 311
24 864
Living cost
27 185
27 185
27 185
27 185
Free-cash
-10 482
-3 271
-4 874
-2 321

Estimated living cost  is ₽27185 per week

₽16907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽1542
-₽13193
-₽7625
-₽6696
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
45 500
income
-
-
-
3 911
health
-
-
-
6 143
solidarity contribution
-
-
-
-
social contributions
-
-
-
13 286
total
-
-
-
23 340
Employee
43 801
-
33 955
-
social contributions
2 847
-
2 207
-
health
5 913
-
4 584
-
solidarity contribution
-
-
-
-
income
5 256
-
4 075
-
total
14 016
-
10 866
-
Employer
43 801
-
33 955
-
social contributions
10 950
-
8 489
-
health
3 942
-
3 056
-
total
14 892
-
11 545
-
Corporate
-
45 500
-
-
income
-
8 645
-
-
total
-
8 645
-
-
Dividends
-
36 855
-
-
withholding
-
5 528
-
-
total
-
5 528
-
-
Income
45 500
45 500
45 500
45 500
Total tax
28 908
14 173
22 411
23 340
After tax
16 592
31 327
23 089
22 160
Living cost
29 785
29 785
29 785
29 785
Free-cash
-13 193
1 542
-6 696
-7 625

Estimated living cost  is ₽29785 per week

₽22150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽9481
-₽12267
-₽6554
-₽14509
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
45 500
chamber of commerce
-
-
-
182
income
-
-
-
1 586
pensions
-
-
-
8 417
unemployment
-
-
-
6 190
health
-
-
-
3 482
surtax
-
-
-
-
total
-
-
-
19 857
Employee
44 114
40 217
40 217
-
other
440
402
350
-
health
1 706
1 557
1 356
-
income
3 930
2 967
3 202
-
pensions
4 518
4 117
3 587
-
unemployment
1 323
1 207
1 051
-
total
11 917
10 250
9 546
-
Employer
44 114
40 217
40 217
-
accident
573
523
456
-
other
2 095
1 909
1 867
-
chamber of commerce
176
161
161
-
unemployment
1 323
1 207
1 051
-
surtax
-
-
-
-
pensions
5 537
5 048
4 397
-
payroll
1 323
1 207
1 207
-
health
1 668
1 521
1 325
-
total
12 695
11 576
10 464
-
Corporate
3 830
3 830
31 206
-
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.

958
958
7 802
-
total
958
958
7 802
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
45 500
45 500
45 500
45 500
Total tax
25 570
22 784
27 812
19 857
After tax
19 930
22 716
17 688
25 643
Living cost
32 197
32 197
32 197
32 197
Free-cash
-12 267
-9 481
-14 509
-6 554

Estimated living cost  is ₽32197 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
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.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽29076
₽26423
₽30896
₽22251
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
45 500
microenterprise

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

-
-
-
455
total
-
-
-
455
Employee
17 686
-
45 500
-
income
3 537
-
9 100
-
total
3 537
-
9 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

27 814
45 500
-
-
total
-
-
-
-
Dividends
27 814
45 500
-
-
withholding
1 391
2 275
-
-
total
1 391
2 275
-
-
Income
45 500
45 500
45 500
45 500
Total tax
4 928
2 275
9 100
455
After tax
40 572
43 225
36 400
45 045
Living cost
14 149
14 149
14 149
14 149
Free-cash
26 423
29 076
22 251
30 896

Estimated living cost  is ₽14149 per week

₽9575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽4257
-₽6075
-₽1549
-₽2992
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
45 500
income
-
-
-
7 123
pensions
-
-
-
8 310
unemployment
-
-
-
69
health
-
-
-
4 478
total
-
-
-
19 980
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.

44 626
-
39 370
-
health
2 882
-
2 543
-
income
7 696
-
6 591
-
pensions
6 917
-
6 102
-
unemployment
63
-
56
-
total
17 558
-
15 292
-
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.

44 626
-
39 370
-
unemployment
27
-
23
-
pensions
3 949
-
3 484
-
health
2 972
-
2 624
-
total
6 948
-
6 131
-
Corporate
-
45 500
-
-
income
-
8 645
-
-
total
-
8 645
-
-
Dividends
-
36 855
-
-
withholding
-
5 529
-
-
total
-
5 529
-
-
Income
45 500
45 500
45 500
45 500
Total tax
24 506
14 174
21 423
19 980
After tax
20 994
31 326
24 077
25 520
Living cost
27 069
27 069
27 069
27 069
Free-cash
-6 075
4 257
-2 992
-1 549

Estimated living cost  is ₽27069 per week

₽18577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽15902
-₽105109
-₽12140
-₽11372
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
45 500
income
-
-
-
8 869
social contributions
-
-
-
5 187
total
-
-
-
14 056
Employee
62 493
-
-
-
social contributions
5 124
-
730
-
income
13 785
-
-
-
total
18 909
-
730
-
Employer
62 493
-
-
-
social contributions
88 116
-
12 558
-
total
88 116
-
12 558
-
Corporate
-
45 500
-
-
income
-
10 010
-
-
total
-
10 010
-
-
Dividends
-
35 490
-
-
income
-
7 808
-
-
total
-
7 808
-
-
Income
45 500
45 500
45 500
45 500
Total tax
107 025
17 818
13 288
14 056
After tax
-61 525
27 682
32 212
31 444
Living cost
43 584
43 584
43 584
43 584
Free-cash
-105 109
-15 902
-11 372
-12 140

Estimated living cost  is ₽43584 per week

₽28279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5774
-₽11938
-₽5025
-₽5977
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
45 500
income
-
-
-
3 059
surtax
-
-
-
-
social contributions

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

-
-
-
15 811
total
-
-
-
18 870
Employee
46 415
-
36 767
-
social contributions
5 106
-
4 045
-
surtax
-
-
-
-
income
9 654
-
7 044
-
total
14 760
-
11 089
-
Employer
46 415
-
36 767
-
social contributions
11 023
-
8 733
-
total
11 023
-
8 733
-
Corporate
-
45 500
-
-
surtax
-
-
-
-
income
-
9 555
-
-
total
-
9 555
-
-
Dividends
-
35 945
-
-
withholding
-
10 064
-
-
total
-
10 064
-
-
Income
45 500
45 500
45 500
45 500
Total tax
25 783
19 619
19 822
18 870
After tax
19 717
25 881
25 678
26 630
Living cost
31 655
31 655
31 655
31 655
Free-cash
-11 938
-5 774
-5 977
-5 025

Estimated living cost  is ₽31655 per week

₽23684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽25811
-₽37448
-₽21196
-₽20496
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
45 500
income
-
-
-
1 415
pensions
-
-
-
13 436
other
-
-
-
1 411
health
-
-
-
395
surtax
-
-
-
-
social contributions
-
-
-
1 297
total
-
-
-
17 954
Employee
63 207
-
34 672
-
social contributions
1 800
-
988
-
surtax
-
-
-
-
income
5 515
-
1 519
-
pensions
7 149
-
3 920
-
total
14 464
-
6 427
-
Employer
63 207
-
34 672
-
other
2 181
-
1 197
-
social contributions
190
-
103
-
unemployment
2 561
-
1 404
-
pensions
10 386
-
5 697
-
health
4 424
-
2 426
-
total
19 742
-
10 827
-
Corporate
-
45 500
-
-
surtax
-
-
-
-
income
-
12 739
-
-
total
-
12 739
-
-
Dividends
-
32 761
-
-
surtax
-
-
-
-
social contributions
-
5 636
-
-
withholding
-
4 194
-
-
total
-
9 830
-
-
Income
45 500
45 500
45 500
45 500
Total tax
34 206
22 569
17 254
17 954
After tax
11 294
22 931
28 246
27 546
Living cost
48 742
48 742
48 742
48 742
Free-cash
-37 448
-25 811
-20 496
-21 196

Estimated living cost  is ₽48742 per week

₽32988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽10614
₽7224
₽5154
₽6498
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
45 500
income
-
-
-
-
social contributions
-
-
-
10 010
total
-
-
-
10 010
Employee
32 444
-
39 395
-
income
-
-
-
-
social contributions
2 109
-
2 561
-
total
2 109
-
2 561
-
Employer
32 444
-
39 395
-
social contributions
5 029
-
6 105
-
total
5 029
-
6 105
-
Corporate
8 027
45 500
-
-
income
802
4 550
-
-
total
802
4 550
-
-
Dividends
7 224
40 950
-
-
total
-
-
-
-
Income
45 500
45 500
45 500
45 500
Total tax
7 940
4 550
8 666
10 010
After tax
37 560
40 950
36 834
35 490
Living cost
30 336
30 336
30 336
30 336
Free-cash
7 224
10 614
6 498
5 154

Estimated living cost  is ₽30336 per week

₽19615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
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.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽174473
-₽174473
-₽18285
-₽174473
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
45 500
municipal
-
-
-
6 737
pensions
-
-
-
875
national
-
-
-
3 980
labour market
-
-
-
3 570
total
-
-
-
15 162
Employee
205 227
205 227
205 227
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 702
43 702
43 702
-
pensions
292
292
292
-
total
85 461
85 461
85 461
-
Employer
205 227
205 227
205 227
-
labour market
16 418
16 418
16 418
-
municipal
43 772
43 772
43 772
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 889
85 889
85 889
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
45 500
45 500
45 500
45 500
Total tax
171 350
171 350
171 350
15 162
After tax
-125 850
-125 850
-125 850
30 338
Living cost
48 623
48 623
48 623
48 623
Free-cash
-174 473
-174 473
-174 473
-18 285

Estimated living cost  is ₽48623 per week

₽33278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽18060
₽351
₽9831
₽2282
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
45 500
accident
-
-
-
253
income
-
-
-
6 936
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
13 923
Employee
34 209
-
37 797
-
health
3 917
-
4 328
-
income
4 693
-
5 185
-
pensions
3 852
-
4 256
-
total
12 462
-
13 769
-
Employer
34 209
-
37 797
-
accident
571
-
631
-
unemployment
838
-
926
-
pensions
5 562
-
6 146
-
total
6 971
-
7 703
-
Corporate
4 320
45 500
-
-
income

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

3 888
40 950
-
-
total
3 888
40 950
-
-
Dividends
432
4 550
-
-
withholding
82
864
-
-
total
82
864
-
-
Income
45 500
45 500
45 500
45 500
Total tax
23 403
41 814
21 472
13 923
After tax
22 097
3 686
24 028
31 577
Living cost
21 746
21 746
21 746
21 746
Free-cash
351
-18 060
2 282
9 831

Estimated living cost  is ₽21746 per week

₽15829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽7260
-₽17614
-₽2355
-₽10162
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
45 500
municipal
-
-
-
8 139
health
-
-
-
280
national
-
-
-
691
total
-
-
-
9 110
Employee
53 095
-
38 276
-
health
396
-
169
-
municipal
8 697
-
6 291
-
pensions
3 583
-
2 583
-
unemployment
797
-
575
-
national
877
-
75
-
total
14 350
-
9 693
-
Employer
53 095
-
38 276
-
accident
54
-
38
-
unemployment
345
-
249
-
pensions
9 212
-
6 642
-
health
408
-
295
-
total
10 019
-
7 224
-
Corporate
-
45 500
-
-
income
-
9 101
-
-
total
-
9 101
-
-
Dividends

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

-
27 300
-
-
national
-
-
-
-
municipal
-
4 914
-
-
total
-
4 914
-
-
Income
45 500
45 500
45 500
45 500
Total tax
24 369
14 015
16 917
9 110
After tax
21 131
31 485
28 583
36 390
Living cost
38 745
38 745
38 745
38 745
Free-cash
-17 614
-7 260
-10 162
-2 355

Estimated living cost  is ₽38745 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽687
₽4767
₽13877
₽5541
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
45 500
income
-
-
-
-
health
-
-
-
1 161
social contributions
-
-
-
7 097
total
-
-
-
8 258
Employee
77 601
77 601
77 601
-
social contributions
2 934
6 441
3 428
-
health
601
1 320
703
-
income
8 449
7 184
8 271
-
total
11 984
14 945
12 402
-
Employer
77 601
77 601
77 601
-
social contributions
2 934
6 441
3 428
-
health
653
1 436
764
-
total
3 587
7 877
4 192
-
Corporate
6 563
-
-
-
income
820
-
-
-
total
820
-
-
-
Dividends
5 743
-
-
-
withholding
977
-
-
-
total
977
-
-
-
Income
45 500
45 500
45 500
45 500
Total tax
17 368
22 822
16 594
8 258
After tax
28 132
22 678
28 906
37 242
Living cost
23 365
23 365
23 365
23 365
Free-cash
4 767
-687
5 541
13 877

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽21655
₽16520
₽15840
₽12235
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 500
income
-
-
-
3 537
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
13 637
Employee

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

23 164
-
41 250
-
health
1 969
-
3 507
-
income
1 584
-
3 091
-
pensions
3 474
-
6 188
-
unemployment
115
-
207
-
total
7 142
-
12 993
-
Employer

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

23 164
-
41 250
-
unemployment
115
-
207
-
pensions
1 274
-
2 269
-
health
996
-
1 773
-
total
2 385
-
4 249
-
Corporate
19 951
45 500
-
-
income
1 796
4 095
-
-
total
1 796
4 095
-
-
Dividends
18 155
41 405
-
-
withholding
1 634
3 727
-
-
total
1 634
3 727
-
-
Income
45 500
45 500
45 500
45 500
Total tax
12 957
7 822
17 242
13 637
After tax
32 543
37 678
28 258
31 863
Living cost
16 023
16 023
16 023
16 023
Free-cash
16 520
21 655
12 235
15 840

Estimated living cost  is ₽16023 per week

₽10223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽3032
-₽3710
-₽2353
-₽2002
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
45 500
accident
-
-
-
410
income
-
-
-
6 451
pensions
-
-
-
12 877
other
-
-
-
46
unemployment
-
-
-
318
total
-
-
-
20 102
Employee
37 315
-
34 500
-
other
36
-
34
-
income
7 194
-
6 562
-
pensions
1 754
-
1 622
-
unemployment
578
-
534
-
total
9 562
-
8 752
-
Employer
37 315
-
34 500
-
accident
739
-
684
-
other
299
-
276
-
unemployment
2 053
-
1 898
-
pensions
8 806
-
8 141
-
total
11 897
-
10 999
-
Corporate
-
45 500
-
-
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.

-
6 825
-
-
total
-
6 825
-
-
Dividends
-
38 675
-
-
withholding
-
7 892
-
-
total
-
7 892
-
-
Income
45 500
45 500
45 500
45 500
Total tax
21 459
14 717
19 751
20 102
After tax
24 041
30 783
25 749
25 398
Living cost
27 751
27 751
27 751
27 751
Free-cash
-3 710
3 032
-2 002
-2 353

Estimated living cost  is ₽27751 per week

₽18732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
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.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽25636
₽25182
₽25201
₽25003
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
45 500
income
-
-
-
14 076
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
17 543
Employee
4 198
-
43 238
-
health
210
-
503
-
income
812
-
13 970
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
15 479
-
Employer
4 198
-
43 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
40 358
45 500
-
-
income
8 879
10 010
-
-
total
8 879
10 010
-
-
Dividends
31 479
35 490
-
-
withholding
6 296
7 098
-
-
total
6 296
7 098
-
-
Income
45 500
45 500
45 500
45 500
Total tax
17 562
17 108
17 741
17 543
After tax
27 938
28 392
27 759
27 957
Living cost
2 756
2 756
2 756
2 756
Free-cash
25 182
25 636
25 003
25 201

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
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.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽15421
₽10456
₽5415
₽7375
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
45 500
income
-
-
-
5 433
pensions
-
-
-
11 830
unemployment
-
-
-
683
health
-
-
-
4 686
total
-
-
-
22 632
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.

26 319
-
38 592
-
health
1 355
-
1 987
-
income
3 628
-
6 086
-
pensions
3 685
-
5 403
-
unemployment
197
-
289
-
total
8 865
-
13 765
-
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.

26 319
-
38 592
-
unemployment
197
-
289
-
pensions
3 158
-
4 631
-
health
1 355
-
1 987
-
total
4 710
-
6 907
-
Corporate
14 470
45 500
-
-
income
2 171
6 825
-
-
total
2 171
6 825
-
-
Dividends
12 300
38 675
-
-
withholding
1 845
5 801
-
-
total
1 845
5 801
-
-
Income
45 500
45 500
45 500
45 500
Total tax
17 591
12 626
20 672
22 632
After tax
27 909
32 874
24 828
22 868
Living cost
17 453
17 453
17 453
17 453
Free-cash
10 456
15 421
7 375
5 415

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽1326
-₽2971
-₽577
-₽1529
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
45 500
income
-
-
-
3 059
surtax
-
-
-
-
social contributions

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

-
-
-
15 811
total
-
-
-
18 870
Employee
39 169
-
36 767
-
social contributions
4 309
-
4 045
-
surtax
-
-
-
-
income
7 653
-
7 044
-
total
11 962
-
11 089
-
Employer
39 169
-
36 767
-
social contributions
9 302
-
8 733
-
total
9 302
-
8 733
-
Corporate
-
45 500
-
-
surtax
-
-
-
-
income
-
9 555
-
-
total
-
9 555
-
-
Dividends
-
35 945
-
-
withholding
-
10 064
-
-
total
-
10 064
-
-
Income
45 500
45 500
45 500
45 500
Total tax
21 264
19 619
19 822
18 870
After tax
24 236
25 881
25 678
26 630
Living cost
27 207
27 207
27 207
27 207
Free-cash
-2 971
-1 326
-1 529
-577

Estimated living cost  is ₽27207 per week

₽19270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽4684
-₽18779
-₽10069
-₽9718
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
45 500
accident
-
-
-
410
income
-
-
-
6 451
pensions
-
-
-
12 877
other
-
-
-
46
unemployment
-
-
-
318
total
-
-
-
20 102
Employee
48 739
-
34 500
-
other
48
-
34
-
income
10 180
-
6 562
-
pensions
2 290
-
1 622
-
unemployment
755
-
534
-
total
13 273
-
8 752
-
Employer
48 739
-
34 500
-
accident
965
-
684
-
other
391
-
276
-
unemployment
2 681
-
1 898
-
pensions
11 502
-
8 141
-
total
15 539
-
10 999
-
Corporate
-
45 500
-
-
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.

-
6 825
-
-
total
-
6 825
-
-
Dividends
-
38 675
-
-
withholding
-
7 892
-
-
total
-
7 892
-
-
Income
45 500
45 500
45 500
45 500
Total tax
28 812
14 717
19 751
20 102
After tax
16 688
30 783
25 749
25 398
Living cost
35 467
35 467
35 467
35 467
Free-cash
-18 779
-4 684
-9 718
-10 069

Estimated living cost  is ₽35467 per week

₽25471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
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.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽21531
₽15378
₽11887
₽12243
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
45 500
income
-
-
-
6 825
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
16 242
Employee
23 001
-
38 580
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
3 858
-
pensions

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

2 019
-
3 097
-
total
5 630
-
8 965
-
Employer
23 001
-
38 580
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
17 986
45 500
-
-
income
1 799
4 550
-
-
total
1 799
4 550
-
-
Dividends
16 187
40 950
-
-
withholding
809
2 048
-
-
total
809
2 048
-
-
Income
45 500
45 500
45 500
45 500
Total tax
12 751
6 598
15 886
16 242
After tax
32 749
38 902
29 614
29 258
Living cost
17 371
17 371
17 371
17 371
Free-cash
15 378
21 531
12 243
11 887

Estimated living cost  is ₽17371 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽15326
-₽4713
-₽3368
-₽3368
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
45 500
trade
-
-
-
-
income

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

-
-
-
2 855
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.

-
-
-
6 894
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.

-
-
-
157
total
-
-
-
9 906
Employee

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

50 213
-
45 500
-
health

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

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

6 894
-
6 894
-
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.

228
-
157
-
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.

4 129
-
2 855
-
total
11 251
-
9 906
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
45 500
-
-
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.

-
375
-
-
income
-
6 825
-
-
trade
-
6 529
-
-
chamber of commerce
-
220
-
-
total
-
13 949
-
-
Dividends
-
31 550
-
-
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.

-
412
-
-
withholding
-
7 503
-
-
total
-
7 915
-
-
Income
45 500
45 500
45 500
45 500
Total tax
11 251
21 864
9 906
9 906
After tax
34 249
23 636
35 594
35 594
Living cost
38 962
38 962
38 962
38 962
Free-cash
-4 713
-15 326
-3 368
-3 368

Estimated living cost  is ₽38962 per week

₽26877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
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.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽25638
-₽33441
-₽20806
-₽20806
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
45 500
income
-
-
-
5 941
social contributions
-
-
-
2 878
total
-
-
-
8 819
Employee
78 941
-
45 500
-
income
14 896
-
5 941
-
social contributions
6 558
-
2 878
-
total
21 454
-
8 819
-
Employer
78 941
-
45 500
-
total
-
-
-
-
Corporate
-
45 500
-
-
income
-
5 688
-
-
total
-
5 688
-
-
Dividends
-
39 812
-
-
withholding
-
7 963
-
-
total
-
7 963
-
-
Income
45 500
45 500
45 500
45 500
Total tax
21 454
13 651
8 819
8 819
After tax
24 046
31 849
36 681
36 681
Living cost
57 487
57 487
57 487
57 487
Free-cash
-33 441
-25 638
-20 806
-20 806

Estimated living cost  is ₽57487 per week

₽43735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽11495
-₽8445
-₽26602
-₽3331
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
45 500
income
-
-
-
28 727
health

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

-
-
-
6 741
total
-
-
-
35 468
Employee
46 295
-
41 356
-
income
5 023
-
3 913
-
social contributions
4 638
-
4 142
-
total
9 661
-
8 055
-
Employer
46 295
-
41 356
-
social contributions
4 638
-
4 142
-
total
4 638
-
4 142
-
Corporate
-
45 500
-
-
income
-
15 924
-
-
total
-
15 924
-
-
Dividends
-
29 576
-
-
social contributions
3 012
4 437
-
-
total
3 012
4 437
-
-
Income
45 500
45 500
45 500
45 500
Total tax
17 311
20 361
12 197
35 468
After tax
28 189
25 139
33 303
10 032
Living cost
36 634
36 634
36 634
36 634
Free-cash
-8 445
-11 495
-3 331
-26 602

Estimated living cost  is ₽36634 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽3522
-₽12330
-₽3139
-₽7328
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
45 500
income
-
-
-
8 620
pensions
-
-
-
2 404
total
-
-
-
11 024
Employee
51 632
-
40 977
-
health
674
-
455
-
income
9 403
-
7 572
-
pensions
3 941
-
2 663
-
total
14 018
-
10 690
-
Employer
51 632
-
40 977
-
pensions
5 216
-
3 745
-
health
981
-
778
-
total
6 197
-
4 523
-
Corporate
-
45 500
-
-
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.

-
8 644
-
-
total
-
8 644
-
-
Dividends
-
36 856
-
-
withholding
-
2 763
-
-
total
-
2 763
-
-
Income
45 500
45 500
45 500
45 500
Total tax
20 215
11 407
15 213
11 024
After tax
25 285
34 093
30 287
34 476
Living cost
37 615
37 615
37 615
37 615
Free-cash
-12 330
-3 522
-7 328
-3 139

Estimated living cost  is ₽37615 per week

₽25804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
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.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽20214
₽20
₽7677
₽128
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
45 500
accident
-
-
-
253
income
-
-
-
6 936
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
13 923
Employee
37 595
-
37 797
-
health
4 304
-
4 328
-
income
5 158
-
5 185
-
pensions
4 233
-
4 256
-
total
13 695
-
13 769
-
Employer
37 595
-
37 797
-
accident
628
-
631
-
unemployment
921
-
926
-
pensions
6 113
-
6 146
-
total
7 662
-
7 703
-
Corporate
244
45 500
-
-
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.

219
40 950
-
-
total
219
40 950
-
-
Dividends
24
4 550
-
-
withholding
4
864
-
-
total
4
864
-
-
Income
45 500
45 500
45 500
45 500
Total tax
21 580
41 814
21 472
13 923
After tax
23 920
3 686
24 028
31 577
Living cost
23 900
23 900
23 900
23 900
Free-cash
20
-20 214
128
7 677

Estimated living cost  is ₽23900 per week

₽17540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
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.
₽4486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽25044
₽20137
₽13856
₽13856
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
45 500
work injury
-
-
-
227
health insurance
-
-
-
3 367
income
-
-
-
5 501
pensions
-
-
-
8 372
unemployment
-
-
-
546
total
-
-
-
18 013
Employee

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

21 810
-
45 500
-
work injury
109
-
227
-
income
2 181
-
5 501
-
pensions
4 013
-
8 372
-
health insurance
1 614
-
3 367
-
unemployment
262
-
546
-
total
8 179
-
18 013
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
23 690
45 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
23 690
45 500
-
-
withholding
3 553
6 825
-
-
total
3 553
6 825
-
-
Income
45 500
45 500
45 500
45 500
Total tax
11 732
6 825
18 013
18 013
After tax
33 768
38 675
27 487
27 487
Living cost
13 631
13 631
13 631
13 631
Free-cash
20 137
25 044
13 856
13 856

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽16237
-₽39541
-₽15322
-₽17846
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
45 500
municipal
-
-
-
305
regional
-
-
-
635
national
-
-
-
7 976
social contributions
-
-
-
11 703
total
-
-
-
20 619
Employee
85 040
-
45 500
-
social contributions
28 675
-
15 342
-
regional
1 284
-
535
-
municipal
508
-
272
-
national
14 371
-
6 994
-
total
44 838
-
23 143
-
Employer
85 040
-
45 500
-
total
-
-
-
-
Corporate
-
45 500
-
-
nationa
-
10 920
-
-
municipal
-
2 193
-
-
total
-
13 113
-
-
Dividends
-
32 387
-
-
withholding
-
8 421
-
-
total
-
8 421
-
-
Income
45 500
45 500
45 500
45 500
Total tax
44 838
21 534
23 143
20 619
After tax
662
23 966
22 357
24 881
Living cost
40 203
40 203
40 203
40 203
Free-cash
-39 541
-16 237
-17 846
-15 322

Estimated living cost  is ₽40203 per week

₽28240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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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