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
₽ 46000
per

Your estimated
City
free-cash

Dresden , Germany
-₽7364
₽3876
₽5191
₽5191
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
46 000
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.

-
-
-
2 924
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.

-
-
-
6 943
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.

-
-
-
160
total
-
-
-
10 027
Employee

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

38 870
-
46 000
-
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.

6 943
-
6 943
-
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.

60
-
160
-
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.

1 086
-
2 924
-
total
8 089
-
10 027
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
7 130
46 000
-
-
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.

60
380
-
-
income
1 070
6 900
-
-
trade
1 122
7 246
-
-
chamber of commerce
164
220
-
-
total
2 416
14 746
-
-
Dividends
4 714
31 254
-
-
surtax

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

44
409
-
-
withholding
793
7 427
-
-
total
837
7 836
-
-
Income
46 000
46 000
46 000
46 000
Total tax
11 342
22 582
10 027
10 027
After tax
34 658
23 418
35 973
35 973
Living cost
30 782
30 782
30 782
30 782
Free-cash
3 876
-7 364
5 191
5 191

Estimated living cost  is ₽30782 per week

₽19363
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3589
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.
₽7255
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽22571
-₽40698
-₽21751
-₽21389
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
46 000
municipal
-
-
-
4 103
pensions
-
-
-
5 520
national
-
-
-
6 358
social contributions
-
-
-
495
total
-
-
-
16 476
Employee
79 485
-
39 767
-
municipal
9 818
-
4 281
-
pensions
3 179
-
1 591
-
national
15 213
-
6 634
-
total
28 210
-
12 506
-
Employer
79 485
-
39 767
-
social contributions
854
-
427
-
pensions
6 359
-
3 181
-
total
7 213
-
3 608
-
Corporate
-
46 000
-
-
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%.

-
9 200
-
-
total
-
9 200
-
-
Dividends
-
36 800
-
-
withholding
-
8 096
-
-
total
-
8 096
-
-
Income
46 000
46 000
46 000
46 000
Total tax
35 423
17 296
16 114
16 476
After tax
10 577
28 704
29 886
29 524
Living cost
51 275
51 275
51 275
51 275
Free-cash
-40 698
-22 571
-21 389
-21 751

Estimated living cost  is ₽51275 per week

₽34851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽767
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10890
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽15659
₽7322
₽14759
₽5254
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
46 000
microenterprise
-
-
-
6 900
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.

-
-
-
3 199
total
-
-
-
10 099
Employee
29 696
-
37 069
-
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.

3 267
-
4 077
-
surtax
-
-
-
-
income
5 286
-
6 598
-
total
8 553
-
10 675
-
Employer
29 696
-
37 069
-
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.

7 153
-
8 929
-
surtax
-
-
-
-
total
7 153
-
8 929
-
Corporate
9 151
46 000
-
-
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%.

1 830
9 199
-
-
total
1 830
9 199
-
-
Dividends

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

7 321
36 801
-
-
total
-
-
-
-
Income
46 000
46 000
46 000
46 000
Total tax
17 536
9 199
19 604
10 099
After tax
28 464
36 801
26 396
35 901
Living cost
21 142
21 142
21 142
21 142
Free-cash
7 322
15 659
5 254
14 759

Estimated living cost  is ₽21142 per week

₽13488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2013
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5161
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽49211
-₽54915
-₽16152
-₽54915
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
46 000
income
-
-
-
4 236
pensions
-
-
-
8 281
health
-
-
-
7 062
total
-
-
-
19 579
Employee
86 784
86 784
86 784
-
health
13 320
11 330
13 320
-
income

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

14 205
14 205
14 205
-
pensions
15 621
11 907
15 621
-
total
43 146
37 442
43 146
-
Employer
86 784
86 784
86 784
-
unemployment
3 124
3 124
3 124
-
pensions
6 040
6 040
6 040
-
health
6 032
6 032
6 032
-
total
15 196
15 196
15 196
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
46 000
46 000
46 000
46 000
Total tax
58 342
52 638
58 342
19 579
After tax
-12 342
-6 638
-12 342
26 421
Living cost
42 573
42 573
42 573
42 573
Free-cash
-54 915
-49 211
-54 915
-16 152

Estimated living cost  is ₽42573 per week

₽30170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3838
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽677
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽14041
-₽27325
-₽16225
-₽14593
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
46 000
municipal
-
-
-
9 743
accident
-
-
-
92
pensions
-
-
-
4 972
other
-
-
-
5 345
unemployment
-
-
-
46
health
-
-
-
2 870
national
-
-
-
-
total
-
-
-
23 068
Employee
55 795
-
35 002
-
municipal
16 638
-
10 438
-
national
-
-
-
-
total
16 638
-
10 438
-
Employer
55 795
-
35 002
-
accident
112
-
70
-
other
6 483
-
4 067
-
unemployment
1 473
-
924
-
pensions
6 031
-
3 784
-
health
3 431
-
2 153
-
total
17 530
-
10 998
-
Corporate
-
46 000
-
-
income
-
10 120
-
-
total
-
10 120
-
-
Dividends
-
35 880
-
-
withholding
-
10 764
-
-
total
-
10 764
-
-
Income
46 000
46 000
46 000
46 000
Total tax
34 168
20 884
21 436
23 068
After tax
11 832
25 116
24 564
22 932
Living cost
39 157
39 157
39 157
39 157
Free-cash
-27 325
-14 041
-14 593
-16 225

Estimated living cost  is ₽39157 per week

₽25951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3842
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8768
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽16744
-₽5537
-₽3950
-₽3950
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
46 000
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.

-
-
-
2 924
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.

-
-
-
6 943
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.

-
-
-
160
total
-
-
-
10 027
Employee

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

51 537
-
46 000
-
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.

6 943
-
6 943
-
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.

243
-
160
-
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.

4 428
-
2 924
-
total
11 614
-
10 027
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
46 000
-
-
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.

-
380
-
-
income
-
6 900
-
-
trade
-
7 568
-
-
chamber of commerce
-
220
-
-
total
-
15 068
-
-
Dividends
-
30 932
-
-
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.

-
405
-
-
withholding
-
7 348
-
-
total
-
7 753
-
-
Income
46 000
46 000
46 000
46 000
Total tax
11 614
22 821
10 027
10 027
After tax
34 386
23 179
35 973
35 973
Living cost
39 923
39 923
39 923
39 923
Free-cash
-5 537
-16 744
-3 950
-3 950

Estimated living cost  is ₽39923 per week

₽26701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8416
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽9943
-₽4386
₽4679
-₽3703
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
46 000
income
-
-
-
10
health
-
-
-
1 173
social contributions
-
-
-
7 176
total
-
-
-
8 359
Employee
78 145
78 145
78 145
-
social contributions
3 797
6 486
3 466
-
health
777
1 329
710
-
income
8 206
7 234
8 326
-
total
12 780
15 049
12 502
-
Employer
78 145
78 145
78 145
-
social contributions
3 797
6 486
3 466
-
health
847
1 446
773
-
total
4 644
7 932
4 239
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
46 000
46 000
46 000
46 000
Total tax
17 424
22 981
16 741
8 359
After tax
28 576
23 019
29 259
37 641
Living cost
32 962
32 962
32 962
32 962
Free-cash
-4 386
-9 943
-3 703
4 679

Estimated living cost  is ₽32962 per week

₽22533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2575
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽7709
₽8092
₽13458
₽8258
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
46 000
income
-
-
-
5 623
pensions
-
-
-
4 600
unemployment
-
-
-
690
health
-
-
-
3 220
total
-
-
-
14 133
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.

26 573
10 576
38 494
-
health
1 860
740
2 695
-
income
3 249
1 293
4 706
-
pensions
2 657
1 058
3 849
-
unemployment
399
159
577
-
total
8 165
3 250
11 827
-
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.

26 573
10 576
38 494
-
pensions
5 182
2 062
7 506
-
total
5 182
2 062
7 506
-
Corporate
14 245
33 362
-
-
income
1 282
3 003
-
-
total
1 282
3 003
-
-
Dividends
12 963
30 359
-
-
social contributions
2 407
5 799
-
-
withholding
2 463
5 768
-
-
total
4 870
11 567
-
-
Income
46 000
46 000
46 000
46 000
Total tax
19 499
19 882
19 333
14 133
After tax
26 501
26 118
26 667
31 867
Living cost
18 409
18 409
18 409
18 409
Free-cash
8 092
7 709
8 258
13 458

Estimated living cost  is ₽18409 per week

₽12562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3972
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽12255
₽5941
₽2086
₽3687
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
46 000
income
-
-
-
4 189
pensions
-
-
-
9 199
health
-
-
-
5 980
total
-
-
-
19 368
Employee
28 830
-
34 379
-
income
3 246
-
4 910
-
pensions
577
-
688
-
unemployment
461
-
550
-
total
4 284
-
6 148
-
Employer
28 830
-
34 379
-
unemployment
231
-
276
-
pensions
5 766
-
6 875
-
health
3 747
-
4 468
-
total
9 744
-
11 619
-
Corporate
7 425
46 000
-
-
income
1 485
9 199
-
-
total
1 485
9 199
-
-
Dividends
5 940
36 801
-
-
total
-
-
-
-
Income
46 000
46 000
46 000
46 000
Total tax
15 513
9 199
17 767
19 368
After tax
30 487
36 801
28 233
26 632
Living cost
24 546
24 546
24 546
24 546
Free-cash
5 941
12 255
3 687
2 086

Estimated living cost  is ₽24546 per week

₽16836
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1462
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5755
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽18470
₽321
₽9724
₽2096
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
46 000
accident
-
-
-
255
income
-
-
-
7 053
pensions
-
-
-
4 198
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
14 080
Employee
34 915
-
38 212
-
health
3 998
-
4 375
-
income
4 790
-
5 242
-
pensions
3 932
-
4 303
-
total
12 720
-
13 920
-
Employer
34 915
-
38 212
-
accident
583
-
638
-
unemployment
855
-
936
-
pensions
5 677
-
6 214
-
total
7 115
-
7 788
-
Corporate
3 969
46 000
-
-
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.

3 572
41 400
-
-
total
3 572
41 400
-
-
Dividends
397
4 600
-
-
withholding
76
874
-
-
total
76
874
-
-
Income
46 000
46 000
46 000
46 000
Total tax
23 483
42 274
21 708
14 080
After tax
22 517
3 726
24 292
31 920
Living cost
22 196
22 196
22 196
22 196
Free-cash
321
-18 470
2 096
9 724

Estimated living cost  is ₽22196 per week

₽16268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1230
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4236
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽34438
₽32702
₽36278
₽27538
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
46 000
microenterprise

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

-
-
-
460
total
-
-
-
460
Employee
11 577
-
46 000
-
income
2 315
-
9 200
-
total
2 315
-
9 200
-
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%.

34 423
46 000
-
-
total
-
-
-
-
Dividends
34 423
46 000
-
-
withholding
1 721
2 300
-
-
total
1 721
2 300
-
-
Income
46 000
46 000
46 000
46 000
Total tax
4 036
2 300
9 200
460
After tax
41 964
43 700
36 800
45 540
Living cost
9 262
9 262
9 262
9 262
Free-cash
32 702
34 438
27 538
36 278

Estimated living cost  is ₽9262 per week

₽5740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽6717
-₽199
-₽2169
-₽120
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
46 000
income
-
-
-
5 843
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.

-
-
-
11 039
other
-
-
-
2 185
health
-
-
-
2 023
total
-
-
-
21 090
Employee
36 899
-
36 739
-
health
517
-
515
-
income
6 353
-
6 324
-
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.

2 582
-
2 573
-
unemployment
368
-
368
-
total
9 820
-
9 780
-
Employer
36 899
-
36 739
-
accident
295
-
293
-
other
1 846
-
1 838
-
unemployment
368
-
368
-
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.

6 274
-
6 247
-
health
517
-
515
-
total
9 300
-
9 261
-
Corporate
-
46 000
-
-
income
-
9 660
-
-
total
-
9 660
-
-
Dividends
-
36 340
-
-
withholding
-
2 544
-
-
total
-
2 544
-
-
Income
46 000
46 000
46 000
46 000
Total tax
19 120
12 204
19 041
21 090
After tax
26 880
33 796
26 959
24 910
Living cost
27 079
27 079
27 079
27 079
Free-cash
-199
6 717
-120
-2 169

Estimated living cost  is ₽27079 per week

₽19133
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1828
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽33945
-₽64054
-₽33555
-₽37791
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
46 000
income
-
-
-
8 713
pensions
-
-
-
2 433
total
-
-
-
11 146
Employee
96 788
-
41 425
-
health
1 595
-
460
-
income
17 447
-
7 655
-
pensions
9 337
-
2 694
-
total
28 379
-
10 809
-
Employer
96 788
-
41 425
-
pensions
11 428
-
3 787
-
health
1 838
-
786
-
total
13 266
-
4 573
-
Corporate
-
46 000
-
-
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.

-
8 740
-
-
total
-
8 740
-
-
Dividends
-
37 260
-
-
withholding
-
2 796
-
-
total
-
2 796
-
-
Income
46 000
46 000
46 000
46 000
Total tax
41 645
11 536
15 382
11 146
After tax
4 355
34 464
30 618
34 854
Living cost
68 409
68 409
68 409
68 409
Free-cash
-64 054
-33 945
-37 791
-33 555

Estimated living cost  is ₽68409 per week

₽51260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8038
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽26008
₽21290
₽16301
₽16672
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
46 000
income
-
-
-
6 900
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
16 377
Employee
17 640
-
39 037
-
health
811
-
1 633
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 764
-
3 904
-
pensions

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

1 549
-
3 116
-
total
4 318
-
9 043
-
Employer
17 640
-
39 037
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 944
-
3 911
-
health
1 218
-
2 449
-
total
3 461
-
6 963
-
Corporate
24 898
46 000
-
-
income
2 489
4 600
-
-
total
2 489
4 600
-
-
Dividends
22 409
41 400
-
-
withholding
1 120
2 070
-
-
total
1 120
2 070
-
-
Income
46 000
46 000
46 000
46 000
Total tax
11 388
6 670
16 006
16 377
After tax
34 612
39 330
29 994
29 623
Living cost
13 322
13 322
13 322
13 322
Free-cash
21 290
26 008
16 672
16 301

Estimated living cost  is ₽13322 per week

₽7778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽62991
-₽64715
-₽29932
-₽68695
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
46 000
income
-
-
-
4 236
pensions
-
-
-
8 281
health
-
-
-
7 062
total
-
-
-
19 579
Employee
94 220
86 784
86 784
-
health
11 754
11 330
13 320
-
income

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

14 205
14 205
14 205
-
pensions
11 907
11 907
15 621
-
total
37 866
37 442
43 146
-
Employer
94 220
86 784
86 784
-
unemployment
3 392
3 124
3 124
-
pensions
6 557
6 040
6 040
-
health
6 547
6 032
6 032
-
total
16 496
15 196
15 196
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
46 000
46 000
46 000
46 000
Total tax
54 362
52 638
58 342
19 579
After tax
-8 362
-6 638
-12 342
26 421
Living cost
56 353
56 353
56 353
56 353
Free-cash
-64 715
-62 991
-68 695
-29 932

Estimated living cost  is ₽56353 per week

₽41570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽646
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽7382
-₽1864
-₽1885
-₽945
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
46 000
income
-
-
-
3 954
health
-
-
-
6 210
solidarity contribution
-
-
-
-
social contributions
-
-
-
13 432
total
-
-
-
23 596
Employee
35 720
-
34 328
-
social contributions
2 322
-
2 231
-
health
4 822
-
4 634
-
solidarity contribution
-
-
-
-
income
4 286
-
4 119
-
total
11 430
-
10 984
-
Employer
35 720
-
34 328
-
social contributions
8 930
-
8 582
-
health
3 215
-
3 090
-
total
12 145
-
11 672
-
Corporate
-
46 000
-
-
income
-
8 740
-
-
total
-
8 740
-
-
Dividends
-
37 260
-
-
withholding
-
5 589
-
-
total
-
5 589
-
-
Income
46 000
46 000
46 000
46 000
Total tax
23 575
14 329
22 656
23 596
After tax
22 425
31 671
23 344
22 404
Living cost
24 289
24 289
24 289
24 289
Free-cash
-1 864
7 382
-945
-1 885

Estimated living cost  is ₽24289 per week

₽16872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1728
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽18340
-₽44318
-₽17496
-₽20091
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
46 000
municipal
-
-
-
274
regional
-
-
-
439
national
-
-
-
8 069
social contributions
-
-
-
11 832
total
-
-
-
20 614
Employee
90 319
-
46 000
-
social contributions
30 456
-
15 511
-
regional
852
-
381
-
municipal
478
-
243
-
national
15 650
-
7 074
-
total
47 436
-
23 209
-
Employer
90 319
-
46 000
-
total
-
-
-
-
Corporate
-
46 000
-
-
nationa
-
11 041
-
-
municipal
-
1 794
-
-
total
-
12 835
-
-
Dividends
-
33 166
-
-
withholding
-
8 623
-
-
total
-
8 623
-
-
Income
46 000
46 000
46 000
46 000
Total tax
47 436
21 458
23 209
20 614
After tax
-1 436
24 542
22 791
25 386
Living cost
42 882
42 882
42 882
42 882
Free-cash
-44 318
-18 340
-20 091
-17 496

Estimated living cost  is ₽42882 per week

₽29892
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2812
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽658
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9519
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽6507
₽3347
₽3995
₽2867
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
46 000
income
-
-
-
6 661
pensions
-
-
-
9 199
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
3 265
surtax
-
-
-
224
total
-
-
-
19 580
Employee
33 607
-
38 000
-
other
-
-
-
-
health
858
-
970
-
surtax
110
-
191
-
income
5 633
-
6 370
-
pensions
2 241
-
2 534
-
unemployment
2 339
-
2 644
-
total
11 181
-
12 709
-
Employer
33 607
-
38 000
-
other
-
-
-
-
unemployment
1 065
-
1 205
-
pensions
4 480
-
5 066
-
health
1 529
-
1 728
-
total
7 074
-
7 999
-
Corporate
5 319
46 000
-
-
income
1 383
11 961
-
-
total
1 383
11 961
-
-
Dividends
3 936
34 039
-
-
withholding
590
5 107
-
-
total
590
5 107
-
-
Income
46 000
46 000
46 000
46 000
Total tax
20 228
17 068
20 708
19 580
After tax
25 772
28 932
25 292
26 420
Living cost
22 425
22 425
22 425
22 425
Free-cash
3 347
6 507
2 867
3 995

Estimated living cost  is ₽22425 per week

₽13712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2069
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.
₽6127
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽12271
-₽27119
-₽11881
-₽16117
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
46 000
income
-
-
-
8 713
pensions
-
-
-
2 433
total
-
-
-
11 146
Employee
64 865
-
41 425
-
health
942
-
460
-
income
11 682
-
7 655
-
pensions
5 506
-
2 694
-
total
18 130
-
10 809
-
Employer
64 865
-
41 425
-
pensions
7 022
-
3 787
-
health
1 232
-
786
-
total
8 254
-
4 573
-
Corporate
-
46 000
-
-
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.

-
8 740
-
-
total
-
8 740
-
-
Dividends
-
37 260
-
-
withholding
-
2 796
-
-
total
-
2 796
-
-
Income
46 000
46 000
46 000
46 000
Total tax
26 384
11 536
15 382
11 146
After tax
19 616
34 464
30 618
34 854
Living cost
46 735
46 735
46 735
46 735
Free-cash
-27 119
-12 271
-16 117
-11 881

Estimated living cost  is ₽46735 per week

₽35014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽56578
-₽53480
-₽38400
-₽41217
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
46 000
city
-
-
-
482
pensions
-
-
-
4 232
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.

-
-
-
921
regional
-
-
-
809
health
-
-
-
253
national
-
-
-
90
total
-
-
-
6 787
Employee
90 828
-
40 913
-
city
975
-
437
-
regional
2 974
-
650
-
health
205
-
92
-
pensions
7 631
-
3 728
-
unemployment
-
-
-
-
national
430
-
60
-
total
12 215
-
4 967
-
Employer
90 828
-
40 913
-
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.

1 816
-
817
-
unemployment
-
-
-
-
pensions
7 631
-
3 728
-
health
205
-
92
-
total
9 652
-
4 637
-
Corporate
-
46 000
-
-
regional
-
9 730
-
-
national
-
3 909
-
-
total
-
13 639
-
-
Dividends
-
32 361
-
-
withholding
-
11 326
-
-
total
-
11 326
-
-
Income
46 000
46 000
46 000
46 000
Total tax
21 867
24 965
9 604
6 787
After tax
24 133
21 035
36 396
39 213
Living cost
77 613
77 613
77 613
77 613
Free-cash
-53 480
-56 578
-41 217
-38 400

Estimated living cost  is ₽77613 per week

₽50471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽953
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19224
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽23611
-₽15075
-₽10582
-₽10582
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
46 000
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.

-
-
-
2 924
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.

-
-
-
6 943
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.

-
-
-
160
total
-
-
-
10 027
Employee

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

61 075
-
46 000
-
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.

6 943
-
6 943
-
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
-
160
-
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.

7 182
-
2 924
-
total
14 520
-
10 027
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
46 000
-
-
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.

-
380
-
-
income
-
6 900
-
-
trade
-
7 890
-
-
chamber of commerce
-
220
-
-
total
-
15 390
-
-
Dividends
-
30 610
-
-
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.

-
399
-
-
withholding
-
7 267
-
-
total
-
7 666
-
-
Income
46 000
46 000
46 000
46 000
Total tax
14 520
23 056
10 027
10 027
After tax
31 480
22 944
35 973
35 973
Living cost
46 555
46 555
46 555
46 555
Free-cash
-15 075
-23 611
-10 582
-10 582

Estimated living cost  is ₽46555 per week

₽34002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3724
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽606
Clothing and shoes. We estimate one pair of shoes and 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

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
-₽11587
-₽11077
-₽6923
-₽6227
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
46 000
income
-
-
-
1 441
pensions
-
-
-
13 579
other
-
-
-
1 425
health
-
-
-
399
surtax
-
-
-
-
social contributions
-
-
-
1 309
total
-
-
-
18 153
Employee
43 494
-
35 054
-
social contributions
1 240
-
999
-
surtax
-
-
-
-
income
2 567
-
1 547
-
pensions
4 918
-
3 965
-
total
8 725
-
6 511
-
Employer
43 494
-
35 054
-
other
1 500
-
1 209
-
social contributions
131
-
106
-
unemployment
1 761
-
1 419
-
pensions
7 145
-
5 759
-
health
3 045
-
2 453
-
total
13 582
-
10 946
-
Corporate
-
46 000
-
-
surtax
-
-
-
-
income
-
12 881
-
-
total
-
12 881
-
-
Dividends
-
33 119
-
-
surtax
-
-
-
-
social contributions
-
5 697
-
-
withholding
-
4 239
-
-
total
-
9 936
-
-
Income
46 000
46 000
46 000
46 000
Total tax
22 307
22 817
17 457
18 153
After tax
23 693
23 183
28 543
27 847
Living cost
34 770
34 770
34 770
34 770
Free-cash
-11 077
-11 587
-6 227
-6 923

Estimated living cost  is ₽34770 per week

₽21924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2827
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.
₽9429
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8142
-₽4950
-₽3478
-₽2782
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
46 000
income
-
-
-
1 441
pensions
-
-
-
13 579
other
-
-
-
1 425
health
-
-
-
399
surtax
-
-
-
-
social contributions
-
-
-
1 309
total
-
-
-
18 153
Employee
38 825
-
35 054
-
social contributions
1 107
-
999
-
surtax
-
-
-
-
income
2 002
-
1 547
-
pensions
4 391
-
3 965
-
total
7 500
-
6 511
-
Employer
38 825
-
35 054
-
other
1 340
-
1 209
-
social contributions
116
-
106
-
unemployment
1 572
-
1 419
-
pensions
6 380
-
5 759
-
health
2 717
-
2 453
-
total
12 125
-
10 946
-
Corporate
-
46 000
-
-
surtax
-
-
-
-
income
-
12 881
-
-
total
-
12 881
-
-
Dividends
-
33 119
-
-
surtax
-
-
-
-
social contributions
-
5 697
-
-
withholding
-
4 239
-
-
total
-
9 936
-
-
Income
46 000
46 000
46 000
46 000
Total tax
19 625
22 817
17 457
18 153
After tax
26 375
23 183
28 543
27 847
Living cost
31 325
31 325
31 325
31 325
Free-cash
-4 950
-8 142
-2 782
-3 478

Estimated living cost  is ₽31325 per week

₽18167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3182
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9382
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽6513
₽6652
₽7991
₽6488
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
46 000
income
-
-
-
6 900
health
-
-
-
3 211
social contributions
-
-
-
6 349
total
-
-
-
16 460
Employee
34 457
-
46 000
-
social contributions
4 756
-
6 349
-
health
2 405
-
3 211
-
income
5 747
-
8 403
-
total
12 908
-
17 963
-
Employer
34 457
-
46 000
-
total
-
-
-
-
Corporate
11 543
46 000
-
-
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%.

577
2 301
-
-
total
577
2 301
-
-
Dividends
10 966
43 699
-
-
health
897
3 051
-
-
social contributions
1 772
6 031
-
-
withholding
1 645
6 555
-
-
total
4 314
15 637
-
-
Income
46 000
46 000
46 000
46 000
Total tax
17 799
17 938
17 963
16 460
After tax
28 201
28 062
28 037
29 540
Living cost
21 549
21 549
21 549
21 549
Free-cash
6 652
6 513
6 488
7 991

Estimated living cost  is ₽21549 per week

₽14422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽12951
-₽20569
-₽10089
-₽18009
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
46 000
chamber of commerce
-
-
-
183
income
-
-
-
1 632
pensions
-
-
-
8 511
unemployment
-
-
-
6 233
health
-
-
-
3 520
surtax
-
-
-
201
total
-
-
-
20 280
Employee
50 788
40 499
40 499
-
other
507
405
353
-
health
1 965
1 568
1 365
-
income
5 782
2 987
3 225
-
pensions
5 201
4 146
3 612
-
unemployment
1 524
1 215
1 059
-
total
14 979
10 321
9 614
-
Employer
50 788
40 499
40 499
-
accident
660
526
459
-
other
2 413
1 923
1 878
-
chamber of commerce
202
162
162
-
unemployment
1 524
1 215
1 059
-
surtax
201
201
201
-
pensions
6 374
5 084
4 426
-
payroll
1 524
1 215
1 215
-
health
1 919
1 531
1 333
-
total
14 817
11 857
10 733
-
Corporate
3 857
3 857
31 411
-
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.

964
964
7 853
-
total
964
964
7 853
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
46 000
46 000
46 000
46 000
Total tax
30 760
23 142
28 200
20 280
After tax
15 240
22 858
17 800
25 720
Living cost
35 809
35 809
35 809
35 809
Free-cash
-20 569
-12 951
-18 009
-10 089

Estimated living cost  is ₽35809 per week

₽23883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3055
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.
₽8283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽11051
-₽47855
-₽10633
-₽16494
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
46 000
national
-
-
-
12 899
communal

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

-
-
-
2 509
social contributions
-
-
-
4 171
total
-
-
-
19 579
Employee

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

72 694
-
35 626
-
communal

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

3 792
-
1 859
-
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.

3 415
-
1 674
-
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.

5 452
-
2 671
-
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.

633
-
310
-
national
22 349
-
8 556
-
total
35 641
-
15 070
-
Employer

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

72 694
-
35 626
-
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.

945
-
463
-
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.

1 061
-
521
-
surtax
8 243
-
4 038
-
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.

6 441
-
3 157
-
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.

4 470
-
2 191
-
total
21 160
-
10 370
-
Corporate
-
46 000
-
-
surtax
-
183
-
-
income
-
9 199
-
-
total
-
9 382
-
-
Dividends
-
36 618
-
-
withholding

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

-
10 615
-
-
total
-
10 615
-
-
Income
46 000
46 000
46 000
46 000
Total tax
56 801
19 997
25 440
19 579
After tax
-10 801
26 003
20 560
26 421
Living cost
37 054
37 054
37 054
37 054
Free-cash
-47 855
-11 051
-16 494
-10 633

Estimated living cost  is ₽37054 per week

₽23868
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3240
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.
₽9367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5581
-₽20713
-₽11029
-₽10674
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
46 000
accident
-
-
-
415
income
-
-
-
6 527
pensions
-
-
-
13 018
other
-
-
-
46
unemployment
-
-
-
322
total
-
-
-
20 328
Employee
50 587
-
34 880
-
other
50
-
35
-
income
10 674
-
6 639
-
pensions
2 378
-
1 639
-
unemployment
785
-
540
-
total
13 887
-
8 853
-
Employer
50 587
-
34 880
-
accident
1 001
-
690
-
other
403
-
280
-
unemployment
2 783
-
1 919
-
pensions
11 938
-
8 231
-
total
16 125
-
11 120
-
Corporate
-
46 000
-
-
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.

-
6 900
-
-
total
-
6 900
-
-
Dividends
-
39 100
-
-
withholding
-
7 980
-
-
total
-
7 980
-
-
Income
46 000
46 000
46 000
46 000
Total tax
30 012
14 880
19 973
20 328
After tax
15 988
31 120
26 027
25 672
Living cost
36 701
36 701
36 701
36 701
Free-cash
-20 713
-5 581
-10 674
-11 029

Estimated living cost  is ₽36701 per week

₽27027
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6542
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽26284
-₽40155
-₽24576
-₽24578
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
46 000
accident
-
-
-
436
income
-
-
-
1 156
pensions
-
-
-
7 737
health
-
-
-
3 626
surtax
-
-
-
2 393
communal
-
-
-
-
total
-
-
-
15 348
Employee
76 960
-
40 220
-
health
3 425
-
2 152
-
surtax
4 717
-
2 393
-
income
7 434
-
1 156
-
pensions
6 156
-
3 869
-
total
21 732
-
9 570
-
Employer
76 960
-
40 220
-
accident
692
-
436
-
pensions
6 156
-
3 869
-
health
2 347
-
1 475
-
total
9 195
-
5 780
-
Corporate
-
46 000
-
-
surtax
-
482
-
-
communal
-
3 105
-
-
income
-
6 900
-
-
total
-
10 487
-
-
Dividends
-
35 513
-
-
income
-
1 242
-
-
withholding
-
5 327
-
-
total
-
6 569
-
-
Income
46 000
46 000
46 000
46 000
Total tax
30 927
17 056
15 350
15 348
After tax
15 073
28 944
30 650
30 652
Living cost
55 228
55 228
55 228
55 228
Free-cash
-40 155
-26 284
-24 578
-24 576

Estimated living cost  is ₽55228 per week

₽41429
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3346
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.
₽9866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽6106
₽2877
₽3594
₽2466
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
46 000
income
-
-
-
6 661
pensions
-
-
-
9 199
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
3 265
surtax
-
-
-
224
total
-
-
-
19 580
Employee
34 224
-
38 000
-
other
-
-
-
-
health
874
-
970
-
surtax
121
-
191
-
income
5 737
-
6 370
-
pensions
2 283
-
2 534
-
unemployment
2 382
-
2 644
-
total
11 397
-
12 709
-
Employer
34 224
-
38 000
-
other
-
-
-
-
unemployment
1 086
-
1 205
-
pensions
4 563
-
5 066
-
health
1 556
-
1 728
-
total
7 205
-
7 999
-
Corporate
4 571
46 000
-
-
income
1 188
11 961
-
-
total
1 188
11 961
-
-
Dividends
3 383
34 039
-
-
withholding
507
5 107
-
-
total
507
5 107
-
-
Income
46 000
46 000
46 000
46 000
Total tax
20 297
17 068
20 708
19 580
After tax
25 703
28 932
25 292
26 420
Living cost
22 826
22 826
22 826
22 826
Free-cash
2 877
6 106
2 466
3 594

Estimated living cost  is ₽22826 per week

₽13781
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽3197
-₽10375
-₽2244
-₽4822
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
46 000
municipal
-
-
-
274
regional
-
-
-
693
national
-
-
-
8 069
social contributions
-
-
-
11 832
total
-
-
-
20 868
Employee
56 373
-
46 000
-
social contributions
19 010
-
15 511
-
regional
759
-
618
-
municipal
299
-
243
-
national
8 931
-
7 074
-
total
28 999
-
23 446
-
Employer
56 373
-
46 000
-
total
-
-
-
-
Corporate
-
46 000
-
-
nationa
-
11 041
-
-
municipal
-
2 285
-
-
total
-
13 326
-
-
Dividends
-
32 674
-
-
withholding
-
8 495
-
-
total
-
8 495
-
-
Income
46 000
46 000
46 000
46 000
Total tax
28 999
21 821
23 446
20 868
After tax
17 001
24 179
22 554
25 132
Living cost
27 376
27 376
27 376
27 376
Free-cash
-10 375
-3 197
-4 822
-2 244

Estimated living cost  is ₽27376 per week

₽17025
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽1740
-₽12981
-₽7527
-₽6587
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
46 000
income
-
-
-
3 954
health
-
-
-
6 210
solidarity contribution
-
-
-
-
social contributions
-
-
-
13 432
total
-
-
-
23 596
Employee
44 016
-
34 328
-
social contributions
2 861
-
2 231
-
health
5 942
-
4 634
-
solidarity contribution
-
-
-
-
income
5 282
-
4 119
-
total
14 085
-
10 984
-
Employer
44 016
-
34 328
-
social contributions
11 004
-
8 582
-
health
3 961
-
3 090
-
total
14 965
-
11 672
-
Corporate
-
46 000
-
-
income
-
8 740
-
-
total
-
8 740
-
-
Dividends
-
37 260
-
-
withholding
-
5 589
-
-
total
-
5 589
-
-
Income
46 000
46 000
46 000
46 000
Total tax
29 050
14 329
22 656
23 596
After tax
16 950
31 671
23 344
22 404
Living cost
29 931
29 931
29 931
29 931
Free-cash
-12 981
1 740
-6 587
-7 527

Estimated living cost  is ₽29931 per week

₽22259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1658
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽9363
-₽12172
-₽6501
-₽14516
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
46 000
chamber of commerce
-
-
-
183
income
-
-
-
1 632
pensions
-
-
-
8 511
unemployment
-
-
-
6 233
health
-
-
-
3 520
surtax
-
-
-
-
total
-
-
-
20 079
Employee
44 424
40 499
40 499
-
other
444
405
355
-
health
1 718
1 568
1 371
-
income
3 957
2 987
3 217
-
pensions
4 549
4 146
3 628
-
unemployment
1 333
1 215
1 063
-
total
12 001
10 321
9 634
-
Employer
44 424
40 499
40 499
-
accident
577
526
461
-
other
2 110
1 923
1 880
-
chamber of commerce
177
162
162
-
unemployment
1 333
1 215
1 063
-
surtax
-
-
-
-
pensions
5 575
5 084
4 447
-
payroll
1 333
1 215
1 215
-
health
1 680
1 531
1 338
-
total
12 785
11 656
10 566
-
Corporate
3 857
3 857
31 576
-
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.

964
964
7 894
-
total
964
964
7 894
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
46 000
46 000
46 000
46 000
Total tax
25 750
22 941
28 094
20 079
After tax
20 250
23 059
17 906
25 921
Living cost
32 422
32 422
32 422
32 422
Free-cash
-12 172
-9 363
-14 516
-6 501

Estimated living cost  is ₽32422 per week

₽19449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽29267
₽26560
₽31107
₽22367
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
46 000
microenterprise

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

-
-
-
460
total
-
-
-
460
Employee
18 042
-
46 000
-
income
3 609
-
9 200
-
total
3 609
-
9 200
-
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%.

27 958
46 000
-
-
total
-
-
-
-
Dividends
27 958
46 000
-
-
withholding
1 398
2 300
-
-
total
1 398
2 300
-
-
Income
46 000
46 000
46 000
46 000
Total tax
5 007
2 300
9 200
460
After tax
40 993
43 700
36 800
45 540
Living cost
14 433
14 433
14 433
14 433
Free-cash
26 560
29 267
22 367
31 107

Estimated living cost  is ₽14433 per week

₽9767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
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.
₽3576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽4413
-₽5937
-₽1464
-₽2923
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
46 000
income
-
-
-
7 210
pensions
-
-
-
8 401
unemployment
-
-
-
69
health
-
-
-
4 526
total
-
-
-
20 206
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.

44 939
-
39 802
-
health
2 902
-
2 573
-
income
7 750
-
6 670
-
pensions
6 966
-
6 169
-
unemployment
64
-
56
-
total
17 682
-
15 468
-
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.

44 939
-
39 802
-
unemployment
27
-
23
-
pensions
3 977
-
3 522
-
health
2 993
-
2 652
-
total
6 997
-
6 197
-
Corporate
-
46 000
-
-
income
-
8 740
-
-
total
-
8 740
-
-
Dividends
-
37 260
-
-
withholding
-
5 589
-
-
total
-
5 589
-
-
Income
46 000
46 000
46 000
46 000
Total tax
24 679
14 329
21 665
20 206
After tax
21 321
31 671
24 335
25 794
Living cost
27 258
27 258
27 258
27 258
Free-cash
-5 937
4 413
-2 923
-1 464

Estimated living cost  is ₽27258 per week

₽18707
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽15917
-₽105712
-₽12113
-₽11289
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
46 000
income
-
-
-
8 966
social contributions
-
-
-
5 244
total
-
-
-
14 210
Employee
62 951
-
-
-
social contributions
5 162
-
736
-
income
13 886
-
-
-
total
19 048
-
736
-
Employer
62 951
-
-
-
social contributions
88 761
-
12 650
-
total
88 761
-
12 650
-
Corporate
-
46 000
-
-
income
-
10 120
-
-
total
-
10 120
-
-
Dividends
-
35 880
-
-
income
-
7 894
-
-
total
-
7 894
-
-
Income
46 000
46 000
46 000
46 000
Total tax
107 809
18 014
13 386
14 210
After tax
-61 809
27 986
32 614
31 790
Living cost
43 903
43 903
43 903
43 903
Free-cash
-105 712
-15 917
-11 289
-12 113

Estimated living cost  is ₽43903 per week

₽28486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4129
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5712
-₽11841
-₽4959
-₽5925
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
46 000
income
-
-
-
3 096
surtax
-
-
-
-
social contributions

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

-
-
-
15 986
total
-
-
-
19 082
Employee
46 740
-
37 171
-
social contributions
5 141
-
4 089
-
surtax
-
-
-
-
income
9 722
-
7 130
-
total
14 863
-
11 219
-
Employer
46 740
-
37 171
-
social contributions
11 101
-
8 829
-
total
11 101
-
8 829
-
Corporate
-
46 000
-
-
surtax
-
-
-
-
income
-
9 660
-
-
total
-
9 660
-
-
Dividends
-
36 340
-
-
withholding
-
10 175
-
-
total
-
10 175
-
-
Income
46 000
46 000
46 000
46 000
Total tax
25 964
19 835
20 048
19 082
After tax
20 036
26 165
25 952
26 918
Living cost
31 877
31 877
31 877
31 877
Free-cash
-11 841
-5 712
-5 925
-4 959

Estimated living cost  is ₽31877 per week

₽23850
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5614
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽25901
-₽37529
-₽21237
-₽20541
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
46 000
income
-
-
-
1 441
pensions
-
-
-
13 579
other
-
-
-
1 425
health
-
-
-
399
surtax
-
-
-
-
social contributions
-
-
-
1 309
total
-
-
-
18 153
Employee
63 650
-
35 054
-
social contributions
1 813
-
999
-
surtax
-
-
-
-
income
5 554
-
1 547
-
pensions
7 199
-
3 965
-
total
14 566
-
6 511
-
Employer
63 650
-
35 054
-
other
2 197
-
1 209
-
social contributions
191
-
106
-
unemployment
2 578
-
1 419
-
pensions
10 458
-
5 759
-
health
4 455
-
2 453
-
total
19 879
-
10 946
-
Corporate
-
46 000
-
-
surtax
-
-
-
-
income
-
12 881
-
-
total
-
12 881
-
-
Dividends
-
33 119
-
-
surtax
-
-
-
-
social contributions
-
5 697
-
-
withholding
-
4 239
-
-
total
-
9 936
-
-
Income
46 000
46 000
46 000
46 000
Total tax
34 445
22 817
17 457
18 153
After tax
11 555
23 183
28 543
27 847
Living cost
49 084
49 084
49 084
49 084
Free-cash
-37 529
-25 901
-20 541
-21 237

Estimated living cost  is ₽49084 per week

₽33219
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4015
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽673
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽10852
₽7438
₽5333
₽6689
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
46 000
income
-
-
-
-
social contributions
-
-
-
10 119
total
-
-
-
10 119
Employee
32 672
-
39 827
-
income
-
-
-
-
social contributions
2 123
-
2 590
-
total
2 123
-
2 590
-
Employer
32 672
-
39 827
-
social contributions
5 064
-
6 173
-
total
5 064
-
6 173
-
Corporate
8 264
46 000
-
-
income
827
4 600
-
-
total
827
4 600
-
-
Dividends
7 437
41 400
-
-
total
-
-
-
-
Income
46 000
46 000
46 000
46 000
Total tax
8 014
4 600
8 763
10 119
After tax
37 986
41 400
37 237
35 881
Living cost
30 548
30 548
30 548
30 548
Free-cash
7 438
10 852
6 689
5 333

Estimated living cost  is ₽30548 per week

₽19752
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2303
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.
₽7919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽175402
-₽175402
-₽18285
-₽175402
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
46 000
municipal
-
-
-
6 824
pensions
-
-
-
881
national
-
-
-
4 031
labour market
-
-
-
3 610
total
-
-
-
15 346
Employee
206 561
206 561
206 561
-
labour market
16 501
16 501
16 501
-
national
25 235
25 235
25 235
-
municipal
43 986
43 986
43 986
-
pensions
294
294
294
-
total
86 016
86 016
86 016
-
Employer
206 561
206 561
206 561
-
labour market
16 525
16 525
16 525
-
municipal
44 056
44 056
44 056
-
pensions
587
587
587
-
national
25 279
25 279
25 279
-
total
86 447
86 447
86 447
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
46 000
46 000
46 000
46 000
Total tax
172 463
172 463
172 463
15 346
After tax
-126 463
-126 463
-126 463
30 654
Living cost
48 939
48 939
48 939
48 939
Free-cash
-175 402
-175 402
-175 402
-18 285

Estimated living cost  is ₽48939 per week

₽33495
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽753
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽18142
₽373
₽10052
₽2424
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
46 000
accident
-
-
-
255
income
-
-
-
7 053
pensions
-
-
-
4 198
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
14 080
Employee
34 400
-
38 212
-
health
3 939
-
4 375
-
income
4 719
-
5 242
-
pensions
3 874
-
4 303
-
total
12 532
-
13 920
-
Employer
34 400
-
38 212
-
accident
574
-
638
-
unemployment
843
-
936
-
pensions
5 593
-
6 214
-
total
7 010
-
7 788
-
Corporate
4 589
46 000
-
-
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.

4 130
41 400
-
-
total
4 130
41 400
-
-
Dividends
459
4 600
-
-
withholding
87
874
-
-
total
87
874
-
-
Income
46 000
46 000
46 000
46 000
Total tax
23 759
42 274
21 708
14 080
After tax
22 241
3 726
24 292
31 920
Living cost
21 868
21 868
21 868
21 868
Free-cash
373
-18 142
2 424
10 052

Estimated living cost  is ₽21868 per week

₽15918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1247
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽7184
-₽17555
-₽2235
-₽10125
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
46 000
municipal
-
-
-
8 229
health
-
-
-
283
national
-
-
-
706
total
-
-
-
9 218
Employee
53 468
-
38 699
-
health
399
-
172
-
municipal
8 758
-
6 360
-
pensions
3 608
-
2 611
-
unemployment
802
-
580
-
national
883
-
83
-
total
14 450
-
9 806
-
Employer
53 468
-
38 699
-
accident
54
-
39
-
unemployment
347
-
251
-
pensions
9 276
-
6 713
-
health
411
-
299
-
total
10 088
-
7 302
-
Corporate
-
46 000
-
-
income
-
9 199
-
-
total
-
9 199
-
-
Dividends

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

-
27 601
-
-
national
-
-
-
-
municipal
-
4 968
-
-
total
-
4 968
-
-
Income
46 000
46 000
46 000
46 000
Total tax
24 538
14 167
17 108
9 218
After tax
21 462
31 833
28 892
36 782
Living cost
39 017
39 017
39 017
39 017
Free-cash
-17 555
-7 184
-10 125
-2 235

Estimated living cost  is ₽39017 per week

₽25486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9159
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽510
₽4928
₽14112
₽5730
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
46 000
income
-
-
-
10
health
-
-
-
1 173
social contributions
-
-
-
7 176
total
-
-
-
8 359
Employee
78 145
78 145
78 145
-
social contributions
2 955
6 486
3 466
-
health
606
1 329
710
-
income
8 509
7 234
8 326
-
total
12 070
15 049
12 502
-
Employer
78 145
78 145
78 145
-
social contributions
2 955
6 486
3 466
-
health
658
1 446
773
-
total
3 613
7 932
4 239
-
Corporate
6 790
-
-
-
income
849
-
-
-
total
849
-
-
-
Dividends
5 941
-
-
-
withholding
1 011
-
-
-
total
1 011
-
-
-
Income
46 000
46 000
46 000
46 000
Total tax
17 543
22 981
16 741
8 359
After tax
28 457
23 019
29 259
37 641
Living cost
23 529
23 529
23 529
23 529
Free-cash
4 928
-510
5 730
14 112

Estimated living cost  is ₽23529 per week

₽14102
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6599
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽21958
₽16788
₽16113
₽12433
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 000
income
-
-
-
3 581
pensions
-
-
-
6 464
unemployment
-
-
-
29
health
-
-
-
3 678
total
-
-
-
13 752
Employee

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

23 327
-
41 705
-
health
1 983
-
3 545
-
income
1 595
-
3 128
-
pensions
3 498
-
6 256
-
unemployment
116
-
208
-
total
7 192
-
13 137
-
Employer

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

23 327
-
41 705
-
unemployment
116
-
208
-
pensions
1 282
-
2 293
-
health
1 003
-
1 794
-
total
2 401
-
4 295
-
Corporate
20 272
46 000
-
-
income
1 824
4 141
-
-
total
1 824
4 141
-
-
Dividends
18 448
41 859
-
-
withholding
1 660
3 766
-
-
total
1 660
3 766
-
-
Income
46 000
46 000
46 000
46 000
Total tax
13 077
7 907
17 432
13 752
After tax
32 923
38 093
28 568
32 248
Living cost
16 135
16 135
16 135
16 135
Free-cash
16 788
21 958
12 433
16 113

Estimated living cost  is ₽16135 per week

₽10295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽3174
-₽3556
-₽2274
-₽1919
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
46 000
accident
-
-
-
415
income
-
-
-
6 527
pensions
-
-
-
13 018
other
-
-
-
46
unemployment
-
-
-
322
total
-
-
-
20 328
Employee
37 577
-
34 880
-
other
37
-
35
-
income
7 245
-
6 639
-
pensions
1 767
-
1 639
-
unemployment
582
-
540
-
total
9 631
-
8 853
-
Employer
37 577
-
34 880
-
accident
744
-
690
-
other
301
-
280
-
unemployment
2 067
-
1 919
-
pensions
8 867
-
8 231
-
total
11 979
-
11 120
-
Corporate
-
46 000
-
-
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.

-
6 900
-
-
total
-
6 900
-
-
Dividends
-
39 100
-
-
withholding
-
7 980
-
-
total
-
7 980
-
-
Income
46 000
46 000
46 000
46 000
Total tax
21 610
14 880
19 973
20 328
After tax
24 390
31 120
26 027
25 672
Living cost
27 946
27 946
27 946
27 946
Free-cash
-3 556
3 174
-1 919
-2 274

Estimated living cost  is ₽27946 per week

₽18863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2686
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.
₽5907
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽25923
₽25467
₽25485
₽25288
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
46 000
income
-
-
-
14 234
pensions
-
-
-
2 029
health
-
-
-
1 471
total
-
-
-
17 734
Employee
4 236
-
43 718
-
health
212
-
507
-
income
820
-
14 127
-
pensions
381
-
913
-
unemployment
42
-
101
-
total
1 455
-
15 648
-
Employer
4 236
-
43 718
-
unemployment
85
-
203
-
pensions
466
-
1 116
-
health
402
-
964
-
total
953
-
2 283
-
Corporate
40 810
46 000
-
-
income
8 978
10 120
-
-
total
8 978
10 120
-
-
Dividends
31 832
35 880
-
-
withholding
6 366
7 176
-
-
total
6 366
7 176
-
-
Income
46 000
46 000
46 000
46 000
Total tax
17 752
17 296
17 931
17 734
After tax
28 248
28 704
28 069
28 266
Living cost
2 781
2 781
2 781
2 781
Free-cash
25 467
25 923
25 288
25 485

Estimated living cost  is ₽2781 per week

₽1653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽15677
₽10679
₽5553
₽7533
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
46 000
income
-
-
-
5 501
pensions
-
-
-
11 960
unemployment
-
-
-
690
health
-
-
-
4 738
total
-
-
-
22 889
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.

26 477
-
39 016
-
health
1 364
-
2 009
-
income
3 650
-
6 161
-
pensions
3 707
-
5 462
-
unemployment
199
-
293
-
total
8 920
-
13 925
-
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.

26 477
-
39 016
-
unemployment
199
-
293
-
pensions
3 177
-
4 682
-
health
1 364
-
2 009
-
total
4 740
-
6 984
-
Corporate
14 784
46 000
-
-
income
2 218
6 900
-
-
total
2 218
6 900
-
-
Dividends
12 566
39 100
-
-
withholding
1 885
5 865
-
-
total
1 885
5 865
-
-
Income
46 000
46 000
46 000
46 000
Total tax
17 763
12 765
20 909
22 889
After tax
28 237
33 235
25 091
23 111
Living cost
17 558
17 558
17 558
17 558
Free-cash
10 679
15 677
7 533
5 553

Estimated living cost  is ₽17558 per week

₽11822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽1233
-₽2811
-₽480
-₽1446
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
46 000
income
-
-
-
3 096
surtax
-
-
-
-
social contributions

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

-
-
-
15 986
total
-
-
-
19 082
Employee
39 443
-
37 171
-
social contributions
4 339
-
4 089
-
surtax
-
-
-
-
income
7 707
-
7 130
-
total
12 046
-
11 219
-
Employer
39 443
-
37 171
-
social contributions
9 367
-
8 829
-
total
9 367
-
8 829
-
Corporate
-
46 000
-
-
surtax
-
-
-
-
income
-
9 660
-
-
total
-
9 660
-
-
Dividends
-
36 340
-
-
withholding
-
10 175
-
-
total
-
10 175
-
-
Income
46 000
46 000
46 000
46 000
Total tax
21 413
19 835
20 048
19 082
After tax
24 587
26 165
25 952
26 918
Living cost
27 398
27 398
27 398
27 398
Free-cash
-2 811
-1 233
-1 446
-480

Estimated living cost  is ₽27398 per week

₽19405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1903
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.
₽5604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽4596
-₽18730
-₽10044
-₽9689
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
46 000
accident
-
-
-
415
income
-
-
-
6 527
pensions
-
-
-
13 018
other
-
-
-
46
unemployment
-
-
-
322
total
-
-
-
20 328
Employee
49 081
-
34 880
-
other
48
-
35
-
income
10 251
-
6 639
-
pensions
2 307
-
1 639
-
unemployment
760
-
540
-
total
13 366
-
8 853
-
Employer
49 081
-
34 880
-
accident
972
-
690
-
other
393
-
280
-
unemployment
2 700
-
1 919
-
pensions
11 583
-
8 231
-
total
15 648
-
11 120
-
Corporate
-
46 000
-
-
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.

-
6 900
-
-
total
-
6 900
-
-
Dividends
-
39 100
-
-
withholding
-
7 980
-
-
total
-
7 980
-
-
Income
46 000
46 000
46 000
46 000
Total tax
29 014
14 880
19 973
20 328
After tax
16 986
31 120
26 027
25 672
Living cost
35 716
35 716
35 716
35 716
Free-cash
-18 730
-4 596
-9 689
-10 044

Estimated living cost  is ₽35716 per week

₽25650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2777
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6787
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽21851
₽15658
₽12144
₽12515
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
46 000
income
-
-
-
6 900
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
16 377
Employee
23 145
-
39 037
-
health
1 065
-
1 633
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 315
-
3 904
-
pensions

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

2 032
-
3 116
-
total
5 666
-
9 043
-
Employer
23 145
-
39 037
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 551
-
3 911
-
health
1 597
-
2 449
-
total
4 541
-
6 963
-
Corporate
18 314
46 000
-
-
income
1 832
4 600
-
-
total
1 832
4 600
-
-
Dividends
16 482
41 400
-
-
withholding
824
2 070
-
-
total
824
2 070
-
-
Income
46 000
46 000
46 000
46 000
Total tax
12 863
6 670
16 006
16 377
After tax
33 137
39 330
29 994
29 623
Living cost
17 479
17 479
17 479
17 479
Free-cash
15 658
21 851
12 515
12 144

Estimated living cost  is ₽17479 per week

₽11561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1001
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽15344
-₽4565
-₽3262
-₽3262
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
46 000
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.

-
-
-
2 924
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.

-
-
-
6 943
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.

-
-
-
160
total
-
-
-
10 027
Employee

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

50 565
-
46 000
-
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.

6 943
-
6 943
-
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.

229
-
160
-
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.

4 158
-
2 924
-
total
11 330
-
10 027
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
46 000
-
-
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.

-
380
-
-
income
-
6 900
-
-
trade
-
6 601
-
-
chamber of commerce
-
222
-
-
total
-
14 103
-
-
Dividends
-
31 897
-
-
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.

-
417
-
-
withholding
-
7 589
-
-
total
-
8 006
-
-
Income
46 000
46 000
46 000
46 000
Total tax
11 330
22 109
10 027
10 027
After tax
34 670
23 891
35 973
35 973
Living cost
39 235
39 235
39 235
39 235
Free-cash
-4 565
-15 344
-3 262
-3 262

Estimated living cost  is ₽39235 per week

₽27065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7379
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽25692
-₽33495
-₽20826
-₽20826
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
46 000
income
-
-
-
6 017
social contributions
-
-
-
2 918
total
-
-
-
8 935
Employee
79 494
-
46 000
-
income
15 000
-
6 017
-
social contributions
6 604
-
2 918
-
total
21 604
-
8 935
-
Employer
79 494
-
46 000
-
total
-
-
-
-
Corporate
-
46 000
-
-
income
-
5 751
-
-
total
-
5 751
-
-
Dividends
-
40 249
-
-
withholding
-
8 050
-
-
total
-
8 050
-
-
Income
46 000
46 000
46 000
46 000
Total tax
21 604
13 801
8 935
8 935
After tax
24 396
32 199
37 065
37 065
Living cost
57 891
57 891
57 891
57 891
Free-cash
-33 495
-25 692
-20 826
-20 826

Estimated living cost  is ₽57891 per week

₽44042
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4717
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8578
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽11475
-₽8325
-₽26630
-₽3245
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
46 000
income
-
-
-
28 928
health

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

-
-
-
6 812
total
-
-
-
35 740
Employee
46 620
-
41 811
-
income
5 059
-
3 977
-
social contributions
4 671
-
4 189
-
total
9 730
-
8 166
-
Employer
46 620
-
41 811
-
social contributions
4 671
-
4 189
-
total
4 671
-
4 189
-
Corporate
-
46 000
-
-
income
-
16 099
-
-
total
-
16 099
-
-
Dividends
-
29 901
-
-
social contributions
3 034
4 486
-
-
total
3 034
4 486
-
-
Income
46 000
46 000
46 000
46 000
Total tax
17 435
20 585
12 355
35 740
After tax
28 565
25 415
33 645
10 260
Living cost
36 890
36 890
36 890
36 890
Free-cash
-8 325
-11 475
-3 245
-26 630

Estimated living cost  is ₽36890 per week

₽24300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2908
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.
₽9116
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽3530
-₽12411
-₽3140
-₽7376
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
46 000
income
-
-
-
8 713
pensions
-
-
-
2 433
total
-
-
-
11 146
Employee
52 152
-
41 425
-
health
680
-
460
-
income
9 497
-
7 655
-
pensions
3 980
-
2 694
-
total
14 157
-
10 809
-
Employer
52 152
-
41 425
-
pensions
5 269
-
3 787
-
health
991
-
786
-
total
6 260
-
4 573
-
Corporate
-
46 000
-
-
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.

-
8 740
-
-
total
-
8 740
-
-
Dividends
-
37 260
-
-
withholding
-
2 796
-
-
total
-
2 796
-
-
Income
46 000
46 000
46 000
46 000
Total tax
20 417
11 536
15 382
11 146
After tax
25 583
34 464
30 618
34 854
Living cost
37 994
37 994
37 994
37 994
Free-cash
-12 411
-3 530
-7 376
-3 140

Estimated living cost  is ₽37994 per week

₽26064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3494
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.
₽7959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽20307
₽40
₽7887
₽259
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
46 000
accident
-
-
-
255
income
-
-
-
7 053
pensions
-
-
-
4 198
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
14 080
Employee
37 806
-
38 212
-
health
4 329
-
4 375
-
income
5 187
-
5 242
-
pensions
4 257
-
4 303
-
total
13 773
-
13 920
-
Employer
37 806
-
38 212
-
accident
631
-
638
-
unemployment
926
-
936
-
pensions
6 147
-
6 214
-
total
7 704
-
7 788
-
Corporate
490
46 000
-
-
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.

441
41 400
-
-
total
441
41 400
-
-
Dividends
49
4 600
-
-
withholding
9
874
-
-
total
9
874
-
-
Income
46 000
46 000
46 000
46 000
Total tax
21 927
42 274
21 708
14 080
After tax
24 073
3 726
24 292
31 920
Living cost
24 033
24 033
24 033
24 033
Free-cash
40
-20 307
259
7 887

Estimated living cost  is ₽24033 per week

₽17638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1400
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.
₽4511
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽25405
₽20475
₽14076
₽14076
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
46 000
work injury
-
-
-
230
health insurance
-
-
-
3 404
income
-
-
-
5 579
pensions
-
-
-
8 464
unemployment
-
-
-
552
total
-
-
-
18 229
Employee

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

21 911
-
46 000
-
work injury
110
-
230
-
income
2 191
-
5 579
-
pensions
4 032
-
8 464
-
health insurance
1 621
-
3 404
-
unemployment
263
-
552
-
total
8 217
-
18 229
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
24 089
46 000
-
-
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
24 089
46 000
-
-
withholding
3 613
6 900
-
-
total
3 613
6 900
-
-
Income
46 000
46 000
46 000
46 000
Total tax
11 830
6 900
18 229
18 229
After tax
34 170
39 100
27 771
27 771
Living cost
13 695
13 695
13 695
13 695
Free-cash
20 475
25 405
14 076
14 076

Estimated living cost  is ₽13695 per week

₽8484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽16257
-₽39637
-₽15336
-₽17887
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
46 000
municipal
-
-
-
307
regional
-
-
-
643
national
-
-
-
8 069
social contributions
-
-
-
11 832
total
-
-
-
20 851
Employee
85 636
-
46 000
-
social contributions
28 876
-
15 511
-
regional
1 293
-
543
-
municipal
511
-
274
-
national
14 472
-
7 074
-
total
45 152
-
23 402
-
Employer
85 636
-
46 000
-
total
-
-
-
-
Corporate
-
46 000
-
-
nationa
-
11 041
-
-
municipal
-
2 218
-
-
total
-
13 259
-
-
Dividends
-
32 741
-
-
withholding
-
8 513
-
-
total
-
8 513
-
-
Income
46 000
46 000
46 000
46 000
Total tax
45 152
21 772
23 402
20 851
After tax
848
24 228
22 598
25 149
Living cost
40 485
40 485
40 485
40 485
Free-cash
-39 637
-16 257
-17 887
-15 336

Estimated living cost  is ₽40485 per week

₽28438
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2785
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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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