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
₽ 47500
per

Your estimated
City
free-cash

Dresden , Germany
-₽6257
₽4855
₽6465
₽6591
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
47 500
trade
-
-
-
126
income

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

-
-
-
3 433
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.

-
-
-
6 862
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.

-
-
-
189
total
-
-
-
10 610
Employee

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

38 419
-
47 500
-
health

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

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

6 862
-
6 862
-
surtax

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

59
-
189
-
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.

1 073
-
3 433
-
total
7 994
-
10 484
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
9 081
47 500
-
-
surtax

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

74
393
-
-
income
1 363
7 125
-
-
trade
1 430
7 482
-
-
chamber of commerce
166
221
-
-
total
3 033
15 221
-
-
Dividends
6 048
32 279
-
-
surtax

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

63
423
-
-
withholding
1 130
7 688
-
-
total
1 193
8 111
-
-
Income
47 500
47 500
47 500
47 500
Total tax
12 220
23 332
10 484
10 610
After tax
35 280
24 168
37 016
36 890
Living cost
30 425
30 425
30 425
30 425
Free-cash
4 855
-6 257
6 591
6 465

Estimated living cost  is ₽30425 per week

₽19138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7171
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽21039
-₽38192
-₽20335
-₽19962
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
47 500
municipal
-
-
-
4 293
pensions
-
-
-
5 700
national
-
-
-
6 652
social contributions
-
-
-
511
total
-
-
-
17 156
Employee
78 562
-
41 063
-
municipal
9 704
-
4 477
-
pensions
3 142
-
1 643
-
national
15 037
-
6 937
-
total
27 883
-
13 057
-
Employer
78 562
-
41 063
-
social contributions
845
-
441
-
pensions
6 285
-
3 285
-
total
7 130
-
3 726
-
Corporate
-
47 500
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

-
9 500
-
-
total
-
9 500
-
-
Dividends
-
38 000
-
-
withholding
-
8 360
-
-
total
-
8 360
-
-
Income
47 500
47 500
47 500
47 500
Total tax
35 013
17 860
16 783
17 156
After tax
12 487
29 640
30 717
30 344
Living cost
50 679
50 679
50 679
50 679
Free-cash
-38 192
-21 039
-19 962
-20 335

Estimated living cost  is ₽50679 per week

₽34446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽759
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽17103
₽8864
₽16316
₽6357
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
47 500
microenterprise
-
-
-
7 125
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.

-
-
-
3 162
total
-
-
-
10 287
Employee
29 351
-
38 278
-
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.

3 229
-
4 211
-
surtax
-
-
-
-
income
5 225
-
6 813
-
total
8 454
-
11 024
-
Employer
29 351
-
38 278
-
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.

7 070
-
9 222
-
surtax
-
-
-
-
total
7 070
-
9 222
-
Corporate
11 079
47 500
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

2 215
9 500
-
-
total
2 215
9 500
-
-
Dividends

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

8 864
38 000
-
-
total
-
-
-
-
Income
47 500
47 500
47 500
47 500
Total tax
17 739
9 500
20 246
10 287
After tax
29 761
38 000
27 254
37 213
Living cost
20 897
20 897
20 897
20 897
Free-cash
8 864
17 103
6 357
16 316

Estimated living cost  is ₽20897 per week

₽13332
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1990
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.
₽5101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽46608
-₽52246
-₽14822
-₽52246
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
47 500
income
-
-
-
4 401
pensions
-
-
-
8 551
health
-
-
-
7 291
total
-
-
-
20 243
Employee
85 778
85 778
85 778
-
health
13 166
11 199
13 166
-
income

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

14 040
14 040
14 040
-
pensions
15 440
11 769
15 440
-
total
42 646
37 008
42 646
-
Employer
85 778
85 778
85 778
-
unemployment
3 088
3 088
3 088
-
pensions
5 970
5 970
5 970
-
health
5 963
5 963
5 963
-
total
15 021
15 021
15 021
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
47 500
47 500
47 500
47 500
Total tax
57 667
52 029
57 667
20 243
After tax
-10 167
-4 529
-10 167
27 257
Living cost
42 079
42 079
42 079
42 079
Free-cash
-52 246
-46 608
-52 246
-14 822

Estimated living cost  is ₽42079 per week

₽29820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽669
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽13027
-₽25460
-₽15283
-₽13596
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
47 500
municipal
-
-
-
10 061
accident
-
-
-
95
pensions
-
-
-
5 135
other
-
-
-
5 519
unemployment
-
-
-
47
health
-
-
-
2 964
national
-
-
-
-
total
-
-
-
23 821
Employee
55 518
-
36 144
-
municipal
16 555
-
10 778
-
national
-
-
-
-
total
16 555
-
10 778
-
Employer
55 518
-
36 144
-
accident
111
-
72
-
other
6 451
-
4 200
-
unemployment
1 466
-
954
-
pensions
6 001
-
3 907
-
health
3 414
-
2 223
-
total
17 443
-
11 356
-
Corporate
-
47 500
-
-
income
-
10 450
-
-
total
-
10 450
-
-
Dividends
-
37 050
-
-
withholding
-
11 115
-
-
total
-
11 115
-
-
Income
47 500
47 500
47 500
47 500
Total tax
33 998
21 565
22 134
23 821
After tax
13 502
25 935
25 366
23 679
Living cost
38 962
38 962
38 962
38 962
Free-cash
-25 460
-13 027
-13 596
-15 283

Estimated living cost  is ₽38962 per week

₽25823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3823
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.
₽8725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽15533
-₽3439
-₽2576
-₽2444
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
47 500
trade
-
-
-
132
income

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

-
-
-
3 433
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.

-
-
-
6 862
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.

-
-
-
189
total
-
-
-
10 616
Employee

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

50 939
-
47 500
-
health

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

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

6 862
-
6 862
-
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.

240
-
189
-
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.

4 377
-
3 433
-
total
11 479
-
10 484
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
47 500
-
-
surtax

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

-
393
-
-
income
-
7 125
-
-
trade
-
7 813
-
-
chamber of commerce
-
219
-
-
total
-
15 550
-
-
Dividends
-
31 949
-
-
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
-
7 606
-
-
total
-
8 023
-
-
Income
47 500
47 500
47 500
47 500
Total tax
11 479
23 573
10 484
10 616
After tax
36 021
23 927
37 016
36 884
Living cost
39 460
39 460
39 460
39 460
Free-cash
-3 439
-15 533
-2 444
-2 576

Estimated living cost  is ₽39460 per week

₽26391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽7793
-₽2302
₽5960
-₽1945
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
47 500
income
-
-
-
341
health
-
-
-
1 210
social contributions
-
-
-
7 409
total
-
-
-
8 960
Employee
77 239
77 239
77 239
-
social contributions
3 753
6 410
3 580
-
health
768
1 313
734
-
income
8 111
7 150
8 172
-
total
12 632
14 873
12 486
-
Employer
77 239
77 239
77 239
-
social contributions
3 753
6 410
3 580
-
health
837
1 430
799
-
total
4 590
7 840
4 379
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
47 500
47 500
47 500
47 500
Total tax
17 222
22 713
16 865
8 960
After tax
30 278
24 787
30 635
38 540
Living cost
32 580
32 580
32 580
32 580
Free-cash
-2 302
-7 793
-1 945
5 960

Estimated living cost  is ₽32580 per week

₽22272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7217
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽8727
₽9106
₽14678
₽9310
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
47 500
income
-
-
-
5 807
pensions
-
-
-
4 750
unemployment
-
-
-
713
health
-
-
-
3 325
total
-
-
-
14 595
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.

26 310
10 471
39 749
-
health
1 842
733
2 782
-
income
3 216
1 280
4 859
-
pensions
2 631
1 047
3 975
-
unemployment
395
157
596
-
total
8 084
3 217
12 212
-
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.

26 310
10 471
39 749
-
pensions
5 131
2 042
7 751
-
total
5 131
2 042
7 751
-
Corporate
16 059
34 987
-
-
income
1 445
3 149
-
-
total
1 445
3 149
-
-
Dividends
14 614
31 838
-
-
social contributions
2 730
6 089
-
-
withholding
2 777
6 049
-
-
total
5 507
12 138
-
-
Income
47 500
47 500
47 500
47 500
Total tax
20 167
20 546
19 963
14 595
After tax
27 333
26 954
27 537
32 905
Living cost
18 227
18 227
18 227
18 227
Free-cash
9 106
8 727
9 310
14 678

Estimated living cost  is ₽18227 per week

₽12438
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1491
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽13738
₽7498
₽3001
₽4651
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
47 500
income
-
-
-
4 563
pensions
-
-
-
9 500
health
-
-
-
6 174
total
-
-
-
20 237
Employee
28 495
-
35 501
-
income
3 208
-
5 311
-
pensions
570
-
709
-
unemployment
456
-
568
-
total
4 234
-
6 588
-
Employer
28 495
-
35 501
-
unemployment
229
-
284
-
pensions
5 699
-
7 100
-
health
3 704
-
4 615
-
total
9 632
-
11 999
-
Corporate
9 373
47 500
-
-
income
1 874
9 500
-
-
total
1 874
9 500
-
-
Dividends
7 499
38 000
-
-
total
-
-
-
-
Income
47 500
47 500
47 500
47 500
Total tax
15 740
9 500
18 587
20 237
After tax
31 760
38 000
28 913
27 263
Living cost
24 262
24 262
24 262
24 262
Free-cash
7 498
13 738
4 651
3 001

Estimated living cost  is ₽24262 per week

₽16641
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽18197
₽464
₽10893
₽3040
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
47 500
accident
-
-
-
253
income
-
-
-
7 585
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
14 563
Employee
34 676
-
39 459
-
health
3 970
-
4 518
-
income
4 757
-
5 413
-
pensions
3 905
-
4 443
-
total
12 632
-
14 374
-
Employer
34 676
-
39 459
-
accident
579
-
659
-
unemployment
850
-
967
-
pensions
5 639
-
6 416
-
total
7 068
-
8 042
-
Corporate
5 757
47 500
-
-
income

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

5 182
42 750
-
-
total
5 182
42 750
-
-
Dividends
576
4 750
-
-
withholding
110
903
-
-
total
110
903
-
-
Income
47 500
47 500
47 500
47 500
Total tax
24 992
43 653
22 416
14 563
After tax
22 508
3 847
25 084
32 937
Living cost
22 044
22 044
22 044
22 044
Free-cash
464
-18 197
3 040
10 893

Estimated living cost  is ₽22044 per week

₽16156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽36025
₽34319
₽37925
₽28900
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
47 500
microenterprise

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

-
-
-
475
total
-
-
-
475
Employee
11 374
-
47 500
-
income
2 275
-
9 500
-
total
2 275
-
9 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

36 126
47 500
-
-
total
-
-
-
-
Dividends
36 126
47 500
-
-
withholding
1 806
2 375
-
-
total
1 806
2 375
-
-
Income
47 500
47 500
47 500
47 500
Total tax
4 081
2 375
9 500
475
After tax
43 419
45 125
38 000
47 025
Living cost
9 100
9 100
9 100
9 100
Free-cash
34 319
36 025
28 900
37 925

Estimated living cost  is ₽9100 per week

₽5639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽8133
₽1351
-₽1043
₽1078
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
47 500
income
-
-
-
6 033
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.

-
-
-
11 399
other
-
-
-
2 257
health
-
-
-
2 089
total
-
-
-
21 778
Employee
36 471
-
37 939
-
health
511
-
532
-
income
6 279
-
6 531
-
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.

2 552
-
2 655
-
unemployment
364
-
379
-
total
9 706
-
10 097
-
Employer
36 471
-
37 939
-
accident
292
-
303
-
other
1 824
-
1 897
-
unemployment
364
-
379
-
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.

6 201
-
6 449
-
health
511
-
532
-
total
9 192
-
9 560
-
Corporate
1 837
47 500
-
-
income
385
9 975
-
-
total
385
9 975
-
-
Dividends
1 452
37 525
-
-
withholding
101
2 627
-
-
total
101
2 627
-
-
Income
47 500
47 500
47 500
47 500
Total tax
19 384
12 602
19 657
21 778
After tax
28 116
34 898
27 843
25 722
Living cost
26 765
26 765
26 765
26 765
Free-cash
1 351
8 133
1 078
-1 043

Estimated living cost  is ₽26765 per week

₽18911
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽31503
-₽60438
-₽31172
-₽35647
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
47 500
income
-
-
-
8 979
pensions
-
-
-
2 600
total
-
-
-
11 579
Employee
94 927
-
42 690
-
health
1 564
-
493
-
income
17 112
-
7 861
-
pensions
9 158
-
2 890
-
total
27 834
-
11 244
-
Employer
94 927
-
42 690
-
pensions
11 208
-
3 999
-
health
1 803
-
811
-
total
13 011
-
4 810
-
Corporate
-
47 500
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

-
9 025
-
-
total
-
9 025
-
-
Dividends
-
38 475
-
-
withholding
-
2 885
-
-
total
-
2 885
-
-
Income
47 500
47 500
47 500
47 500
Total tax
40 845
11 910
16 054
11 579
After tax
6 655
35 590
31 446
35 921
Living cost
67 093
67 093
67 093
67 093
Free-cash
-60 438
-31 503
-35 647
-31 172

Estimated living cost  is ₽67093 per week

₽50274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8391
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽27444
₽22780
₽17841
₽18308
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
47 500
income
-
-
-
7 125
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
16 491
Employee
17 436
-
40 617
-
health
802
-
1 614
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
income
1 743
-
4 061
-
pensions

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

1 531
-
3 080
-
total
4 268
-
9 141
-
Employer
17 436
-
40 617
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
unemployment
104
-
210
-
pensions

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

1 922
-
3 866
-
health
1 203
-
2 421
-
total
3 421
-
6 883
-
Corporate
26 643
47 500
-
-
income
2 664
4 750
-
-
total
2 664
4 750
-
-
Dividends
23 979
42 750
-
-
withholding
1 199
2 138
-
-
total
1 199
2 138
-
-
Income
47 500
47 500
47 500
47 500
Total tax
11 552
6 888
16 024
16 491
After tax
35 948
40 612
31 476
31 009
Living cost
13 168
13 168
13 168
13 168
Free-cash
22 780
27 444
18 308
17 841

Estimated living cost  is ₽13168 per week

₽7687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽60228
-₽61931
-₽28442
-₽65866
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
47 500
income
-
-
-
4 401
pensions
-
-
-
8 551
health
-
-
-
7 291
total
-
-
-
20 243
Employee
93 127
85 778
85 778
-
health
11 618
11 199
13 166
-
income

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

14 040
14 040
14 040
-
pensions
11 769
11 769
15 440
-
total
37 427
37 008
42 646
-
Employer
93 127
85 778
85 778
-
unemployment
3 353
3 088
3 088
-
pensions
6 481
5 970
5 970
-
health
6 471
5 963
5 963
-
total
16 305
15 021
15 021
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
47 500
47 500
47 500
47 500
Total tax
53 732
52 029
57 667
20 243
After tax
-6 232
-4 529
-10 167
27 257
Living cost
55 699
55 699
55 699
55 699
Free-cash
-61 931
-60 228
-65 866
-28 442

Estimated living cost  is ₽55699 per week

₽41088
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽8684
₽114
-₽886
₽85
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
47 500
income
-
-
-
4 083
health
-
-
-
6 413
solidarity contribution
-
-
-
-
social contributions
-
-
-
13 870
total
-
-
-
24 366
Employee
35 323
-
35 448
-
social contributions
2 296
-
2 304
-
health
4 769
-
4 785
-
solidarity contribution
-
-
-
-
income
4 239
-
4 254
-
total
11 304
-
11 343
-
Employer
35 323
-
35 448
-
social contributions
8 831
-
8 862
-
health
3 179
-
3 190
-
total
12 010
-
12 052
-
Corporate
167
47 500
-
-
income
32
9 025
-
-
total
32
9 025
-
-
Dividends
135
38 475
-
-
withholding
20
5 771
-
-
total
20
5 771
-
-
Income
47 500
47 500
47 500
47 500
Total tax
23 366
14 796
23 395
24 366
After tax
24 134
32 704
24 105
23 134
Living cost
24 020
24 020
24 020
24 020
Free-cash
114
8 684
85
-886

Estimated living cost  is ₽24020 per week

₽16684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽17043
-₽41771
-₽16224
-₽18908
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
47 500
municipal
-
-
-
282
regional
-
-
-
457
national
-
-
-
8 383
social contributions
-
-
-
12 217
total
-
-
-
21 339
Employee
89 271
-
47 500
-
social contributions
30 102
-
16 018
-
regional
842
-
397
-
municipal
473
-
252
-
national
15 469
-
7 356
-
total
46 886
-
24 023
-
Employer
89 271
-
47 500
-
total
-
-
-
-
Corporate
-
47 500
-
-
nationa
-
11 401
-
-
municipal
-
1 853
-
-
total
-
13 254
-
-
Dividends
-
34 246
-
-
withholding
-
8 904
-
-
total
-
8 904
-
-
Income
47 500
47 500
47 500
47 500
Total tax
46 886
22 158
24 023
21 339
After tax
614
25 342
23 477
26 161
Living cost
42 385
42 385
42 385
42 385
Free-cash
-41 771
-17 043
-18 908
-16 224

Estimated living cost  is ₽42385 per week

₽29546
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽650
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9409
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽7713
₽4586
₽5101
₽3926
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
47 500
income
-
-
-
6 879
pensions
-
-
-
9 500
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
3 372
surtax
-
-
-
254
total
-
-
-
20 234
Employee
33 217
-
39 241
-
other
-
-
-
-
health
848
-
1 001
-
surtax
109
-
221
-
income
5 568
-
6 578
-
pensions
2 215
-
2 617
-
unemployment
2 312
-
2 732
-
total
11 052
-
13 149
-
Employer
33 217
-
39 241
-
other
-
-
-
-
unemployment
1 052
-
1 245
-
pensions
4 428
-
5 231
-
health
1 512
-
1 784
-
total
6 992
-
8 260
-
Corporate
7 291
47 500
-
-
income
1 895
12 350
-
-
total
1 895
12 350
-
-
Dividends
5 396
35 150
-
-
withholding
810
5 272
-
-
total
810
5 272
-
-
Income
47 500
47 500
47 500
47 500
Total tax
20 749
17 622
21 409
20 234
After tax
26 751
29 878
26 091
27 266
Living cost
22 165
22 165
22 165
22 165
Free-cash
4 586
7 713
3 926
5 101

Estimated living cost  is ₽22165 per week

₽13553
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽10246
-₽24214
-₽9915
-₽14390
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
47 500
income
-
-
-
8 979
pensions
-
-
-
2 600
total
-
-
-
11 579
Employee
63 617
-
42 690
-
health
924
-
493
-
income
11 458
-
7 861
-
pensions
5 400
-
2 890
-
total
17 782
-
11 244
-
Employer
63 617
-
42 690
-
pensions
6 887
-
3 999
-
health
1 209
-
811
-
total
8 096
-
4 810
-
Corporate
-
47 500
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

-
9 025
-
-
total
-
9 025
-
-
Dividends
-
38 475
-
-
withholding
-
2 885
-
-
total
-
2 885
-
-
Income
47 500
47 500
47 500
47 500
Total tax
25 878
11 910
16 054
11 579
After tax
21 622
35 590
31 446
35 921
Living cost
45 836
45 836
45 836
45 836
Free-cash
-24 214
-10 246
-14 390
-9 915

Estimated living cost  is ₽45836 per week

₽34340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7580
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽54674
-₽50416
-₽35940
-₽38712
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
47 500
city
-
-
-
498
pensions
-
-
-
4 370
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.

-
-
-
950
regional
-
-
-
875
health
-
-
-
249
national
-
-
-
104
total
-
-
-
7 046
Employee
89 401
-
42 324
-
city
959
-
451
-
regional
2 927
-
718
-
health
202
-
96
-
pensions
7 511
-
3 769
-
unemployment
-
-
-
-
national
423
-
73
-
total
12 022
-
5 107
-
Employer
89 401
-
42 324
-
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.

1 787
-
846
-
unemployment
-
-
-
-
pensions
7 511
-
3 769
-
health
202
-
96
-
total
9 500
-
4 711
-
Corporate
-
47 500
-
-
regional
-
10 046
-
-
national
-
4 038
-
-
total
-
14 084
-
-
Dividends
-
33 416
-
-
withholding
-
11 696
-
-
total
-
11 696
-
-
Income
47 500
47 500
47 500
47 500
Total tax
21 522
25 780
9 818
7 046
After tax
25 978
21 720
37 682
40 454
Living cost
76 394
76 394
76 394
76 394
Free-cash
-50 416
-54 674
-38 712
-35 940

Estimated living cost  is ₽76394 per week

₽49678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽938
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18922
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽22335
-₽12867
-₽9136
-₽8999
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
47 500
trade
-
-
-
137
income

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

-
-
-
3 433
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.

-
-
-
6 862
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.

-
-
-
189
total
-
-
-
10 621
Employee

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

60 367
-
47 500
-
health

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

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

6 862
-
6 862
-
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.

391
-
189
-
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.

7 099
-
3 433
-
total
14 352
-
10 484
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
47 500
-
-
surtax

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

-
393
-
-
income
-
7 125
-
-
trade
-
8 147
-
-
chamber of commerce
-
219
-
-
total
-
15 884
-
-
Dividends
-
31 616
-
-
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.

-
414
-
-
withholding
-
7 522
-
-
total
-
7 936
-
-
Income
47 500
47 500
47 500
47 500
Total tax
14 352
23 820
10 484
10 621
After tax
33 148
23 680
37 016
36 879
Living cost
46 015
46 015
46 015
46 015
Free-cash
-12 867
-22 335
-8 999
-9 136

Estimated living cost  is ₽46015 per week

₽33608
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽10427
-₽8915
-₽5670
-₽5010
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
47 500
income
-
-
-
1 618
pensions
-
-
-
13 949
other
-
-
-
1 472
health
-
-
-
412
surtax
-
-
-
-
social contributions
-
-
-
1 353
total
-
-
-
18 804
Employee
42 990
-
36 196
-
social contributions
1 226
-
1 031
-
surtax
-
-
-
-
income
2 537
-
1 716
-
pensions
4 861
-
4 093
-
total
8 624
-
6 840
-
Employer
42 990
-
36 196
-
other
1 483
-
1 249
-
social contributions
130
-
109
-
unemployment
1 740
-
1 466
-
pensions
7 062
-
5 947
-
health
3 010
-
2 533
-
total
13 425
-
11 304
-
Corporate
-
47 500
-
-
surtax
-
-
-
-
income
-
13 299
-
-
total
-
13 299
-
-
Dividends
-
34 201
-
-
surtax
-
-
-
-
social contributions
-
5 884
-
-
withholding
-
4 378
-
-
total
-
10 262
-
-
Income
47 500
47 500
47 500
47 500
Total tax
22 049
23 561
18 144
18 804
After tax
25 451
23 939
29 356
28 696
Living cost
34 366
34 366
34 366
34 366
Free-cash
-8 915
-10 427
-5 010
-5 670

Estimated living cost  is ₽34366 per week

₽21669
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽7022
-₽2859
-₽2265
-₽1605
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
47 500
income
-
-
-
1 618
pensions
-
-
-
13 949
other
-
-
-
1 472
health
-
-
-
412
surtax
-
-
-
-
social contributions
-
-
-
1 353
total
-
-
-
18 804
Employee
38 374
-
36 196
-
social contributions
1 094
-
1 031
-
surtax
-
-
-
-
income
1 979
-
1 716
-
pensions
4 340
-
4 093
-
total
7 413
-
6 840
-
Employer
38 374
-
36 196
-
other
1 325
-
1 249
-
social contributions
114
-
109
-
unemployment
1 554
-
1 466
-
pensions
6 306
-
5 947
-
health
2 686
-
2 533
-
total
11 985
-
11 304
-
Corporate
-
47 500
-
-
surtax
-
-
-
-
income
-
13 299
-
-
total
-
13 299
-
-
Dividends
-
34 201
-
-
surtax
-
-
-
-
social contributions
-
5 884
-
-
withholding
-
4 378
-
-
total
-
10 262
-
-
Income
47 500
47 500
47 500
47 500
Total tax
19 398
23 561
18 144
18 804
After tax
28 102
23 939
29 356
28 696
Living cost
30 961
30 961
30 961
30 961
Free-cash
-2 859
-7 022
-1 605
-2 265

Estimated living cost  is ₽30961 per week

₽17956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9274
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽7681
₽8200
₽9205
₽7559
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
47 500
income
-
-
-
7 125
health
-
-
-
3 315
social contributions
-
-
-
6 555
total
-
-
-
16 995
Employee
34 058
-
47 500
-
social contributions
4 701
-
6 555
-
health
2 377
-
3 315
-
income
5 680
-
8 772
-
total
12 758
-
18 642
-
Employer
34 058
-
47 500
-
total
-
-
-
-
Corporate
13 442
47 500
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

673
2 375
-
-
total
673
2 375
-
-
Dividends
12 770
45 125
-
-
health
892
3 149
-
-
social contributions
1 761
6 227
-
-
withholding
1 916
6 769
-
-
total
4 569
16 145
-
-
Income
47 500
47 500
47 500
47 500
Total tax
18 000
18 520
18 642
16 995
After tax
29 500
28 980
28 858
30 505
Living cost
21 300
21 300
21 300
21 300
Free-cash
8 200
7 681
7 559
9 205

Estimated living cost  is ₽21300 per week

₽14254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1313
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.
₽5240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽10768
-₽18296
-₽8852
-₽16770
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
47 500
chamber of commerce
-
-
-
191
income
-
-
-
1 988
pensions
-
-
-
8 787
unemployment
-
-
-
6 161
health
-
-
-
3 633
surtax
-
-
-
198
total
-
-
-
20 958
Employee
50 199
40 030
40 030
-
other
501
400
366
-
health
1 942
1 550
1 414
-
income
5 715
2 953
3 111
-
pensions
5 141
4 098
3 742
-
unemployment
1 506
1 201
1 096
-
total
14 805
10 202
9 729
-
Employer
50 199
40 030
40 030
-
accident
652
520
475
-
other
2 385
1 900
1 872
-
chamber of commerce
200
160
160
-
unemployment
1 506
1 201
1 096
-
surtax
198
198
198
-
pensions
6 300
5 025
4 584
-
payroll
1 506
1 201
1 201
-
health
1 897
1 514
1 380
-
total
14 644
11 719
10 966
-
Corporate
3 812
3 812
32 721
-
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.

953
953
8 181
-
total
953
953
8 181
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
47 500
47 500
47 500
47 500
Total tax
30 402
22 874
28 876
20 958
After tax
17 098
24 626
18 624
26 542
Living cost
35 394
35 394
35 394
35 394
Free-cash
-18 296
-10 768
-16 770
-8 852

Estimated living cost  is ₽35394 per week

₽23606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽9793
-₽45267
-₽9643
-₽15567
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
47 500
national
-
-
-
13 392
communal

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

-
-
-
2 577
social contributions
-
-
-
4 550
total
-
-
-
20 519
Employee

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

71 850
-
36 791
-
communal

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

3 748
-
1 920
-
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.

3 376
-
1 729
-
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.

5 389
-
2 760
-
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.

625
-
320
-
national
22 090
-
9 004
-
total
35 228
-
15 733
-
Employer

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

71 850
-
36 791
-
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.

934
-
478
-
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.

1 048
-
538
-
surtax
8 147
-
4 171
-
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.

6 367
-
3 260
-
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.

4 419
-
2 263
-
total
20 915
-
10 710
-
Corporate
-
47 500
-
-
surtax
-
191
-
-
income
-
9 500
-
-
total
-
9 691
-
-
Dividends
-
37 809
-
-
withholding

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

-
10 978
-
-
total
-
10 978
-
-
Income
47 500
47 500
47 500
47 500
Total tax
56 143
20 669
26 443
20 519
After tax
-8 643
26 831
21 057
26 981
Living cost
36 624
36 624
36 624
36 624
Free-cash
-45 267
-9 793
-15 567
-9 643

Estimated living cost  is ₽36624 per week

₽23591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽4151
-₽18439
-₽9820
-₽9455
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
47 500
accident
-
-
-
427
income
-
-
-
6 795
pensions
-
-
-
13 442
other
-
-
-
48
unemployment
-
-
-
332
total
-
-
-
21 044
Employee
50 000
-
36 019
-
other
50
-
36
-
income
10 550
-
6 909
-
pensions
2 350
-
1 693
-
unemployment
776
-
559
-
total
13 726
-
9 197
-
Employer
50 000
-
36 019
-
accident
989
-
713
-
other
398
-
288
-
unemployment
2 751
-
1 981
-
pensions
11 799
-
8 500
-
total
15 937
-
11 482
-
Corporate
-
47 500
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

-
7 125
-
-
total
-
7 125
-
-
Dividends
-
40 375
-
-
withholding
-
8 250
-
-
total
-
8 250
-
-
Income
47 500
47 500
47 500
47 500
Total tax
29 663
15 375
20 679
21 044
After tax
17 837
32 125
26 821
26 456
Living cost
36 276
36 276
36 276
36 276
Free-cash
-18 439
-4 151
-9 455
-9 820

Estimated living cost  is ₽36276 per week

₽26713
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽24701
-₽37655
-₽22626
-₽22627
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
47 500
accident
-
-
-
431
income
-
-
-
1 367
pensions
-
-
-
7 648
health
-
-
-
3 584
surtax
-
-
-
2 509
communal
-
-
-
-
total
-
-
-
15 539
Employee
76 068
-
41 787
-
health
3 385
-
2 127
-
surtax
4 662
-
2 509
-
income
7 347
-
1 367
-
pensions
6 085
-
3 824
-
total
21 479
-
9 827
-
Employer
76 068
-
41 787
-
accident
684
-
431
-
pensions
6 085
-
3 824
-
health
2 320
-
1 458
-
total
9 089
-
5 713
-
Corporate
-
47 500
-
-
surtax
-
499
-
-
communal
-
3 206
-
-
income
-
7 125
-
-
total
-
10 830
-
-
Dividends
-
36 669
-
-
income
-
1 283
-
-
withholding
-
5 501
-
-
total
-
6 784
-
-
Income
47 500
47 500
47 500
47 500
Total tax
30 568
17 614
15 540
15 539
After tax
16 932
29 886
31 960
31 961
Living cost
54 587
54 587
54 587
54 587
Free-cash
-37 655
-24 701
-22 627
-22 626

Estimated living cost  is ₽54587 per week

₽40948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽7316
₽4122
₽4704
₽3529
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
47 500
income
-
-
-
6 879
pensions
-
-
-
9 500
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
3 372
surtax
-
-
-
254
total
-
-
-
20 234
Employee
33 827
-
39 241
-
other
-
-
-
-
health
863
-
1 001
-
surtax
120
-
221
-
income
5 671
-
6 578
-
pensions
2 257
-
2 617
-
unemployment
2 354
-
2 732
-
total
11 265
-
13 149
-
Employer
33 827
-
39 241
-
other
-
-
-
-
unemployment
1 073
-
1 245
-
pensions
4 510
-
5 231
-
health
1 538
-
1 784
-
total
7 121
-
8 260
-
Corporate
6 552
47 500
-
-
income
1 704
12 350
-
-
total
1 704
12 350
-
-
Dividends
4 847
35 150
-
-
withholding
726
5 272
-
-
total
726
5 272
-
-
Income
47 500
47 500
47 500
47 500
Total tax
20 816
17 622
21 409
20 234
After tax
26 684
29 878
26 091
27 266
Living cost
22 562
22 562
22 562
22 562
Free-cash
4 122
7 316
3 529
4 704

Estimated living cost  is ₽22562 per week

₽13622
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1961
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽2091
-₽8219
-₽1156
-₽3824
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
47 500
municipal
-
-
-
282
regional
-
-
-
716
national
-
-
-
8 383
social contributions
-
-
-
12 217
total
-
-
-
21 598
Employee
55 719
-
47 500
-
social contributions
18 789
-
16 018
-
regional
750
-
640
-
municipal
295
-
252
-
national
8 827
-
7 356
-
total
28 661
-
24 266
-
Employer
55 719
-
47 500
-
total
-
-
-
-
Corporate
-
47 500
-
-
nationa
-
11 401
-
-
municipal
-
2 360
-
-
total
-
13 761
-
-
Dividends
-
33 739
-
-
withholding
-
8 772
-
-
total
-
8 772
-
-
Income
47 500
47 500
47 500
47 500
Total tax
28 661
22 533
24 266
21 598
After tax
18 839
24 967
23 234
25 902
Living cost
27 058
27 058
27 058
27 058
Free-cash
-8 219
-2 091
-3 824
-1 156

Estimated living cost  is ₽27058 per week

₽16828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
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.
₽7026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽3105
-₽10826
-₽6465
-₽5494
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
47 500
income
-
-
-
4 083
health
-
-
-
6 413
solidarity contribution
-
-
-
-
social contributions
-
-
-
13 870
total
-
-
-
24 366
Employee
43 527
-
35 448
-
social contributions
2 829
-
2 304
-
health
5 876
-
4 785
-
solidarity contribution
-
-
-
-
income
5 223
-
4 254
-
total
13 928
-
11 343
-
Employer
43 527
-
35 448
-
social contributions
10 882
-
8 862
-
health
3 917
-
3 190
-
total
14 799
-
12 052
-
Corporate
-
47 500
-
-
income
-
9 025
-
-
total
-
9 025
-
-
Dividends
-
38 475
-
-
withholding
-
5 771
-
-
total
-
5 771
-
-
Income
47 500
47 500
47 500
47 500
Total tax
28 727
14 796
23 395
24 366
After tax
18 773
32 704
24 105
23 134
Living cost
29 599
29 599
29 599
29 599
Free-cash
-10 826
3 105
-5 494
-6 465

Estimated living cost  is ₽29599 per week

₽22011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5435
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽7222
-₽9995
-₽5306
-₽13324
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
47 500
chamber of commerce
-
-
-
191
income
-
-
-
1 988
pensions
-
-
-
8 787
unemployment
-
-
-
6 161
health
-
-
-
3 633
surtax
-
-
-
-
total
-
-
-
20 760
Employee
43 908
40 030
40 030
-
other
438
400
368
-
health
1 698
1 550
1 420
-
income
3 911
2 953
3 103
-
pensions
4 497
4 098
3 757
-
unemployment
1 317
1 201
1 102
-
total
11 861
10 202
9 750
-
Employer
43 908
40 030
40 030
-
accident
570
520
477
-
other
2 085
1 900
1 874
-
chamber of commerce
175
160
160
-
unemployment
1 317
1 201
1 102
-
surtax
-
-
-
-
pensions
5 511
5 025
4 605
-
payroll
1 317
1 201
1 201
-
health
1 660
1 514
1 388
-
total
12 635
11 521
10 807
-
Corporate
3 812
3 812
32 882
-
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.

953
953
8 221
-
total
953
953
8 221
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
47 500
47 500
47 500
47 500
Total tax
25 449
22 676
28 778
20 760
After tax
22 051
24 824
18 722
26 740
Living cost
32 046
32 046
32 046
32 046
Free-cash
-9 995
-7 222
-13 324
-5 306

Estimated living cost  is ₽32046 per week

₽19224
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽30945
₽28286
₽32845
₽23820
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
47 500
microenterprise

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

-
-
-
475
total
-
-
-
475
Employee
17 726
-
47 500
-
income
3 545
-
9 500
-
total
3 545
-
9 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

29 774
47 500
-
-
total
-
-
-
-
Dividends
29 774
47 500
-
-
withholding
1 489
2 375
-
-
total
1 489
2 375
-
-
Income
47 500
47 500
47 500
47 500
Total tax
5 034
2 375
9 500
475
After tax
42 466
45 125
38 000
47 025
Living cost
14 180
14 180
14 180
14 180
Free-cash
28 286
30 945
23 820
32 845

Estimated living cost  is ₽14180 per week

₽9596
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽5760
-₽3835
-₽383
-₽1885
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
47 500
income
-
-
-
7 521
pensions
-
-
-
8 675
unemployment
-
-
-
71
health
-
-
-
4 674
total
-
-
-
20 941
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.

44 418
-
41 101
-
health
2 869
-
2 655
-
income
7 660
-
6 962
-
pensions
6 885
-
6 370
-
unemployment
63
-
57
-
total
17 477
-
16 044
-
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.

44 418
-
41 101
-
unemployment
27
-
25
-
pensions
3 931
-
3 637
-
health
2 958
-
2 737
-
total
6 916
-
6 399
-
Corporate
-
47 500
-
-
income
-
9 026
-
-
total
-
9 026
-
-
Dividends
-
38 474
-
-
withholding
-
5 772
-
-
total
-
5 772
-
-
Income
47 500
47 500
47 500
47 500
Total tax
24 393
14 798
22 443
20 941
After tax
23 107
32 702
25 057
26 559
Living cost
26 942
26 942
26 942
26 942
Free-cash
-3 835
5 760
-1 885
-383

Estimated living cost  is ₽26942 per week

₽18490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽14663
-₽103034
-₽10736
-₽9344
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
47 500
income
-
-
-
9 259
social contributions
-
-
-
5 415
total
-
-
-
14 674
Employee
62 462
-
-
-
social contributions
5 122
-
730
-
income
13 778
-
-
-
total
18 900
-
730
-
Employer
62 462
-
-
-
social contributions
88 072
-
12 552
-
total
88 072
-
12 552
-
Corporate
-
47 500
-
-
income
-
10 450
-
-
total
-
10 450
-
-
Dividends
-
37 050
-
-
income
-
8 151
-
-
total
-
8 151
-
-
Income
47 500
47 500
47 500
47 500
Total tax
106 972
18 601
13 282
14 674
After tax
-59 472
28 899
34 218
32 826
Living cost
43 562
43 562
43 562
43 562
Free-cash
-103 034
-14 663
-9 344
-10 736

Estimated living cost  is ₽43562 per week

₽28265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10645
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽4489
-₽9670
-₽3761
-₽4809
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
47 500
income
-
-
-
3 248
surtax
-
-
-
-
social contributions

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

-
-
-
16 506
total
-
-
-
19 754
Employee
46 198
-
38 383
-
social contributions
5 082
-
4 222
-
surtax
-
-
-
-
income
9 609
-
7 465
-
total
14 691
-
11 687
-
Employer
46 198
-
38 383
-
social contributions
10 972
-
9 115
-
total
10 972
-
9 115
-
Corporate
-
47 500
-
-
surtax
-
-
-
-
income
-
9 975
-
-
total
-
9 975
-
-
Dividends
-
37 525
-
-
withholding
-
10 507
-
-
total
-
10 507
-
-
Income
47 500
47 500
47 500
47 500
Total tax
25 663
20 482
20 802
19 754
After tax
21 837
27 018
26 698
27 746
Living cost
31 507
31 507
31 507
31 507
Free-cash
-9 670
-4 489
-4 809
-3 761

Estimated living cost  is ₽31507 per week

₽23574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽24576
-₽35061
-₽19819
-₽19159
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
47 500
income
-
-
-
1 618
pensions
-
-
-
13 949
other
-
-
-
1 472
health
-
-
-
412
surtax
-
-
-
-
social contributions
-
-
-
1 353
total
-
-
-
18 804
Employee
62 912
-
36 196
-
social contributions
1 792
-
1 031
-
surtax
-
-
-
-
income
5 489
-
1 716
-
pensions
7 116
-
4 093
-
total
14 397
-
6 840
-
Employer
62 912
-
36 196
-
other
2 171
-
1 249
-
social contributions
189
-
109
-
unemployment
2 549
-
1 466
-
pensions
10 337
-
5 947
-
health
4 403
-
2 533
-
total
19 649
-
11 304
-
Corporate
-
47 500
-
-
surtax
-
-
-
-
income
-
13 299
-
-
total
-
13 299
-
-
Dividends
-
34 201
-
-
surtax
-
-
-
-
social contributions
-
5 884
-
-
withholding
-
4 378
-
-
total
-
10 262
-
-
Income
47 500
47 500
47 500
47 500
Total tax
34 046
23 561
18 144
18 804
After tax
13 454
23 939
29 356
28 696
Living cost
48 515
48 515
48 515
48 515
Free-cash
-35 061
-24 576
-19 159
-19 819

Estimated living cost  is ₽48515 per week

₽32834
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3969
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽665
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽12556
₽9181
₽6856
₽8260
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
47 500
income
-
-
-
-
social contributions
-
-
-
10 450
total
-
-
-
10 450
Employee
32 293
-
41 126
-
income
-
-
-
-
social contributions
2 099
-
2 672
-
total
2 099
-
2 672
-
Employer
32 293
-
41 126
-
social contributions
5 006
-
6 374
-
total
5 006
-
6 374
-
Corporate
10 202
47 500
-
-
income
1 020
4 750
-
-
total
1 020
4 750
-
-
Dividends
9 182
42 750
-
-
total
-
-
-
-
Income
47 500
47 500
47 500
47 500
Total tax
8 125
4 750
9 046
10 450
After tax
39 375
42 750
38 454
37 050
Living cost
30 194
30 194
30 194
30 194
Free-cash
9 181
12 556
8 260
6 856

Estimated living cost  is ₽30194 per week

₽19523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2276
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7827
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽171345
-₽171345
-₽16886
-₽171345
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
47 500
municipal
-
-
-
7 180
pensions
-
-
-
871
national
-
-
-
4 231
labour market
-
-
-
3 730
total
-
-
-
16 012
Employee
204 175
204 175
204 175
-
labour market
16 311
16 311
16 311
-
national
24 944
24 944
24 944
-
municipal
43 478
43 478
43 478
-
pensions
290
290
290
-
total
85 023
85 023
85 023
-
Employer
204 175
204 175
204 175
-
labour market
16 334
16 334
16 334
-
municipal
43 547
43 547
43 547
-
pensions
580
580
580
-
national
24 987
24 987
24 987
-
total
85 448
85 448
85 448
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
47 500
47 500
47 500
47 500
Total tax
170 471
170 471
170 471
16 012
After tax
-122 971
-122 971
-122 971
31 488
Living cost
48 374
48 374
48 374
48 374
Free-cash
-171 345
-171 345
-171 345
-16 886

Estimated living cost  is ₽48374 per week

₽33108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽17872
₽517
₽11218
₽3365
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
47 500
accident
-
-
-
253
income
-
-
-
7 585
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
14 563
Employee
34 165
-
39 459
-
health
3 912
-
4 518
-
income
4 687
-
5 413
-
pensions
3 847
-
4 443
-
total
12 446
-
14 374
-
Employer
34 165
-
39 459
-
accident
570
-
659
-
unemployment
837
-
967
-
pensions
5 555
-
6 416
-
total
6 962
-
8 042
-
Corporate
6 372
47 500
-
-
income

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

5 735
42 750
-
-
total
5 735
42 750
-
-
Dividends
637
4 750
-
-
withholding
121
903
-
-
total
121
903
-
-
Income
47 500
47 500
47 500
47 500
Total tax
25 264
43 653
22 416
14 563
After tax
22 236
3 847
25 084
32 937
Living cost
21 719
21 719
21 719
21 719
Free-cash
517
-17 872
3 365
11 218

Estimated living cost  is ₽21719 per week

₽15809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1238
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5694
-₽15318
-₽689
-₽8835
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
47 500
municipal
-
-
-
8 494
health
-
-
-
313
national
-
-
-
818
total
-
-
-
9 625
Employee
52 847
-
39 961
-
health
395
-
196
-
municipal
8 656
-
6 565
-
pensions
3 566
-
2 697
-
unemployment
793
-
599
-
national
873
-
175
-
total
14 283
-
10 232
-
Employer
52 847
-
39 961
-
accident
53
-
40
-
unemployment
343
-
259
-
pensions
9 169
-
6 933
-
health
406
-
307
-
total
9 971
-
7 539
-
Corporate
-
47 500
-
-
income
-
9 500
-
-
total
-
9 500
-
-
Dividends

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

-
28 500
-
-
national
-
-
-
-
municipal
-
5 130
-
-
total
-
5 130
-
-
Income
47 500
47 500
47 500
47 500
Total tax
24 254
14 630
17 771
9 625
After tax
23 246
32 870
29 729
37 875
Living cost
38 564
38 564
38 564
38 564
Free-cash
-15 318
-5 694
-8 835
-689

Estimated living cost  is ₽38564 per week

₽25190
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽1531
₽6353
₽15284
₽7379
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
47 500
income
-
-
-
341
health
-
-
-
1 210
social contributions
-
-
-
7 409
total
-
-
-
8 960
Employee
77 239
77 239
77 239
-
social contributions
2 920
6 410
3 580
-
health
599
1 313
734
-
income
8 410
7 150
8 172
-
total
11 929
14 873
12 486
-
Employer
77 239
77 239
77 239
-
social contributions
2 920
6 410
3 580
-
health
650
1 430
799
-
total
3 570
7 840
4 379
-
Corporate
8 745
-
-
-
income
1 092
-
-
-
total
1 092
-
-
-
Dividends
7 652
-
-
-
withholding
1 300
-
-
-
total
1 300
-
-
-
Income
47 500
47 500
47 500
47 500
Total tax
17 891
22 713
16 865
8 960
After tax
29 609
24 787
30 635
38 540
Living cost
23 256
23 256
23 256
23 256
Free-cash
6 353
1 531
7 379
15 284

Estimated living cost  is ₽23256 per week

₽13938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2282
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽23386
₽18278
₽17734
₽13538
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 500
income
-
-
-
3 765
pensions
-
-
-
6 389
unemployment
-
-
-
29
health
-
-
-
3 635
total
-
-
-
13 818
Employee

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

23 056
-
43 064
-
health
1 960
-
3 660
-
income
1 576
-
3 244
-
pensions
3 458
-
6 460
-
unemployment
114
-
215
-
total
7 108
-
13 579
-
Employer

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

23 056
-
43 064
-
unemployment
114
-
215
-
pensions
1 268
-
2 369
-
health
991
-
1 851
-
total
2 373
-
4 435
-
Corporate
22 071
47 500
-
-
income
1 986
4 276
-
-
total
1 986
4 276
-
-
Dividends
20 085
43 224
-
-
withholding
1 807
3 890
-
-
total
1 807
3 890
-
-
Income
47 500
47 500
47 500
47 500
Total tax
13 274
8 166
18 014
13 818
After tax
34 226
39 334
29 486
33 682
Living cost
15 948
15 948
15 948
15 948
Free-cash
18 278
23 386
13 538
17 734

Estimated living cost  is ₽15948 per week

₽10175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1149
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.
₽4148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽4503
-₽1482
-₽1166
-₽801
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
47 500
accident
-
-
-
427
income
-
-
-
6 795
pensions
-
-
-
13 442
other
-
-
-
48
unemployment
-
-
-
332
total
-
-
-
21 044
Employee
37 141
-
36 019
-
other
36
-
36
-
income
7 161
-
6 909
-
pensions
1 746
-
1 693
-
unemployment
576
-
559
-
total
9 519
-
9 197
-
Employer
37 141
-
36 019
-
accident
736
-
713
-
other
297
-
288
-
unemployment
2 043
-
1 981
-
pensions
8 765
-
8 500
-
total
11 841
-
11 482
-
Corporate
-
47 500
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

-
7 125
-
-
total
-
7 125
-
-
Dividends
-
40 375
-
-
withholding
-
8 250
-
-
total
-
8 250
-
-
Income
47 500
47 500
47 500
47 500
Total tax
21 360
15 375
20 679
21 044
After tax
26 140
32 125
26 821
26 456
Living cost
27 622
27 622
27 622
27 622
Free-cash
-1 482
4 503
-801
-1 166

Estimated living cost  is ₽27622 per week

₽18644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2655
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.
₽5839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽26890
₽26439
₽26510
₽26314
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
47 500
income
-
-
-
14 779
pensions
-
-
-
2 006
health
-
-
-
1 455
total
-
-
-
18 240
Employee
4 189
-
45 243
-
health
209
-
502
-
income
810
-
14 674
-
pensions
377
-
903
-
unemployment
42
-
100
-
total
1 438
-
16 179
-
Employer
4 189
-
45 243
-
unemployment
84
-
201
-
pensions
461
-
1 103
-
health
398
-
953
-
total
943
-
2 257
-
Corporate
42 368
47 500
-
-
income
9 321
10 450
-
-
total
9 321
10 450
-
-
Dividends
33 047
37 050
-
-
withholding
6 609
7 410
-
-
total
6 609
7 410
-
-
Income
47 500
47 500
47 500
47 500
Total tax
18 311
17 860
18 436
18 240
After tax
29 189
29 640
29 064
29 260
Living cost
2 750
2 750
2 750
2 750
Free-cash
26 439
26 890
26 314
26 510

Estimated living cost  is ₽2750 per week

₽1635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽16949
₽12008
₽6422
₽8468
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
47 500
income
-
-
-
5 752
pensions
-
-
-
12 350
unemployment
-
-
-
713
health
-
-
-
4 893
total
-
-
-
23 708
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.

26 193
-
40 288
-
health
1 349
-
2 075
-
income
3 610
-
6 433
-
pensions
3 667
-
5 640
-
unemployment
196
-
302
-
total
8 822
-
14 450
-
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.

26 193
-
40 288
-
unemployment
196
-
302
-
pensions
3 143
-
4 835
-
health
1 349
-
2 075
-
total
4 688
-
7 212
-
Corporate
16 619
47 500
-
-
income
2 493
7 125
-
-
total
2 493
7 125
-
-
Dividends
14 126
40 375
-
-
withholding
2 119
6 056
-
-
total
2 119
6 056
-
-
Income
47 500
47 500
47 500
47 500
Total tax
18 122
13 181
21 662
23 708
After tax
29 378
34 319
25 838
23 792
Living cost
17 370
17 370
17 370
17 370
Free-cash
12 008
16 949
8 468
6 422

Estimated living cost  is ₽17370 per week

₽11695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1344
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.
₽3828
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽62
-₽745
₽666
-₽382
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
47 500
income
-
-
-
3 248
surtax
-
-
-
-
social contributions

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

-
-
-
16 506
total
-
-
-
19 754
Employee
38 986
-
38 383
-
social contributions
4 289
-
4 222
-
surtax
-
-
-
-
income
7 618
-
7 465
-
total
11 907
-
11 687
-
Employer
38 986
-
38 383
-
social contributions
9 258
-
9 115
-
total
9 258
-
9 115
-
Corporate
-
47 500
-
-
surtax
-
-
-
-
income
-
9 975
-
-
total
-
9 975
-
-
Dividends
-
37 525
-
-
withholding
-
10 507
-
-
total
-
10 507
-
-
Income
47 500
47 500
47 500
47 500
Total tax
21 165
20 482
20 802
19 754
After tax
26 335
27 018
26 698
27 746
Living cost
27 080
27 080
27 080
27 080
Free-cash
-745
-62
-382
666

Estimated living cost  is ₽27080 per week

₽19180
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1881
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.
₽5539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽3177
-₽16480
-₽8846
-₽8481
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
47 500
accident
-
-
-
427
income
-
-
-
6 795
pensions
-
-
-
13 442
other
-
-
-
48
unemployment
-
-
-
332
total
-
-
-
21 044
Employee
48 511
-
36 019
-
other
48
-
36
-
income
10 132
-
6 909
-
pensions
2 280
-
1 693
-
unemployment
751
-
559
-
total
13 211
-
9 197
-
Employer
48 511
-
36 019
-
accident
961
-
713
-
other
389
-
288
-
unemployment
2 669
-
1 981
-
pensions
11 448
-
8 500
-
total
15 467
-
11 482
-
Corporate
-
47 500
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

-
7 125
-
-
total
-
7 125
-
-
Dividends
-
40 375
-
-
withholding
-
8 250
-
-
total
-
8 250
-
-
Income
47 500
47 500
47 500
47 500
Total tax
28 678
15 375
20 679
21 044
After tax
18 822
32 125
26 821
26 456
Living cost
35 302
35 302
35 302
35 302
Free-cash
-16 480
-3 177
-8 481
-8 846

Estimated living cost  is ₽35302 per week

₽25352
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽23336
₽17218
₽13733
₽14200
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
47 500
income
-
-
-
7 125
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
16 491
Employee
22 876
-
40 617
-
health
1 052
-
1 614
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
income
2 288
-
4 061
-
pensions

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

2 008
-
3 080
-
total
5 599
-
9 141
-
Employer
22 876
-
40 617
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
unemployment
137
-
210
-
pensions

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

2 521
-
3 866
-
health
1 579
-
2 421
-
total
4 488
-
6 883
-
Corporate
20 135
47 500
-
-
income
2 013
4 750
-
-
total
2 013
4 750
-
-
Dividends
18 122
42 750
-
-
withholding
906
2 138
-
-
total
906
2 138
-
-
Income
47 500
47 500
47 500
47 500
Total tax
13 006
6 888
16 024
16 491
After tax
34 494
40 612
31 476
31 009
Living cost
17 276
17 276
17 276
17 276
Free-cash
17 218
23 336
14 200
13 733

Estimated living cost  is ₽17276 per week

₽11426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽14123
-₽2479
-₽1878
-₽1764
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
47 500
trade
-
-
-
114
income

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

-
-
-
3 433
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.

-
-
-
6 862
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.

-
-
-
189
total
-
-
-
10 598
Employee

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

49 979
-
47 500
-
health

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

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

6 862
-
6 862
-
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.

227
-
189
-
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.

4 110
-
3 433
-
total
11 199
-
10 484
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
47 500
-
-
surtax

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

-
393
-
-
income
-
7 125
-
-
trade
-
6 816
-
-
chamber of commerce
-
223
-
-
total
-
14 557
-
-
Dividends
-
32 943
-
-
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.

-
433
-
-
withholding
-
7 853
-
-
total
-
8 286
-
-
Income
47 500
47 500
47 500
47 500
Total tax
11 199
22 843
10 484
10 598
After tax
36 301
24 657
37 016
36 902
Living cost
38 780
38 780
38 780
38 780
Free-cash
-2 479
-14 123
-1 764
-1 878

Estimated living cost  is ₽38780 per week

₽26751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4173
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽23970
-₽31073
-₽19183
-₽19183
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
47 500
income
-
-
-
6 355
social contributions
-
-
-
3 109
total
-
-
-
9 464
Employee
78 572
-
47 500
-
income
14 826
-
6 355
-
social contributions
6 528
-
3 109
-
total
21 354
-
9 464
-
Employer
78 572
-
47 500
-
total
-
-
-
-
Corporate
-
47 500
-
-
income
-
5 938
-
-
total
-
5 938
-
-
Dividends
-
41 562
-
-
withholding
-
8 313
-
-
total
-
8 313
-
-
Income
47 500
47 500
47 500
47 500
Total tax
21 354
14 251
9 464
9 464
After tax
26 146
33 249
38 036
38 036
Living cost
57 219
57 219
57 219
57 219
Free-cash
-31 073
-23 970
-19 183
-19 183

Estimated living cost  is ₽57219 per week

₽43531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽10221
-₽6195
-₽24287
-₽1963
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
47 500
income
-
-
-
28 593
health

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

-
-
-
6 731
total
-
-
-
35 324
Employee
46 079
-
43 173
-
income
5 000
-
4 346
-
social contributions
4 617
-
4 327
-
total
9 617
-
8 673
-
Employer
46 079
-
43 173
-
social contributions
4 617
-
4 327
-
total
4 617
-
4 327
-
Corporate
-
47 500
-
-
income
-
16 626
-
-
total
-
16 626
-
-
Dividends
-
30 874
-
-
social contributions
2 998
4 632
-
-
total
2 998
4 632
-
-
Income
47 500
47 500
47 500
47 500
Total tax
17 232
21 258
13 000
35 324
After tax
30 268
26 242
34 500
12 176
Living cost
36 463
36 463
36 463
36 463
Free-cash
-6 195
-10 221
-1 963
-24 287

Estimated living cost  is ₽36463 per week

₽24018
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2875
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.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
-₽1673
-₽9789
-₽1342
-₽5817
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
47 500
income
-
-
-
8 979
pensions
-
-
-
2 600
total
-
-
-
11 579
Employee
51 149
-
42 690
-
health
667
-
493
-
income
9 315
-
7 861
-
pensions
3 904
-
2 890
-
total
13 886
-
11 244
-
Employer
51 149
-
42 690
-
pensions
5 168
-
3 999
-
health
972
-
811
-
total
6 140
-
4 810
-
Corporate
-
47 500
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

-
9 025
-
-
total
-
9 025
-
-
Dividends
-
38 475
-
-
withholding
-
2 885
-
-
total
-
2 885
-
-
Income
47 500
47 500
47 500
47 500
Total tax
20 026
11 910
16 054
11 579
After tax
27 474
35 590
31 446
35 921
Living cost
37 263
37 263
37 263
37 263
Free-cash
-9 789
-1 673
-5 817
-1 342

Estimated living cost  is ₽37263 per week

₽25562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽20022
₽185
₽9068
₽1215
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
47 500
accident
-
-
-
253
income
-
-
-
7 585
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
14 563
Employee
37 547
-
39 459
-
health
4 299
-
4 518
-
income
5 151
-
5 413
-
pensions
4 228
-
4 443
-
total
13 678
-
14 374
-
Employer
37 547
-
39 459
-
accident
627
-
659
-
unemployment
920
-
967
-
pensions
6 105
-
6 416
-
total
7 652
-
8 042
-
Corporate
2 302
47 500
-
-
income

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

2 072
42 750
-
-
total
2 072
42 750
-
-
Dividends
230
4 750
-
-
withholding
44
903
-
-
total
44
903
-
-
Income
47 500
47 500
47 500
47 500
Total tax
23 446
43 653
22 416
14 563
After tax
24 054
3 847
25 084
32 937
Living cost
23 869
23 869
23 869
23 869
Free-cash
185
-20 022
1 215
9 068

Estimated living cost  is ₽23869 per week

₽17517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1391
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4480
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽26809
₽21925
₽14998
₽14998
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
47 500
work injury
-
-
-
237
health insurance
-
-
-
3 515
income
-
-
-
5 874
pensions
-
-
-
8 740
unemployment
-
-
-
570
total
-
-
-
18 936
Employee

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

21 706
-
47 500
-
work injury
109
-
237
-
income
2 171
-
5 874
-
pensions
3 994
-
8 740
-
health insurance
1 606
-
3 515
-
unemployment
260
-
570
-
total
8 140
-
18 936
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
25 794
47 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
25 794
47 500
-
-
withholding
3 869
7 125
-
-
total
3 869
7 125
-
-
Income
47 500
47 500
47 500
47 500
Total tax
12 009
7 125
18 936
18 936
After tax
35 491
40 375
28 564
28 564
Living cost
13 566
13 566
13 566
13 566
Free-cash
21 925
26 809
14 998
14 998

Estimated living cost  is ₽13566 per week

₽8404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽14997
-₽37144
-₽14112
-₽16747
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
47 500
municipal
-
-
-
318
regional
-
-
-
678
national
-
-
-
8 383
social contributions
-
-
-
12 217
total
-
-
-
21 596
Employee
84 643
-
47 500
-
social contributions
28 541
-
16 018
-
regional
1 278
-
573
-
municipal
505
-
284
-
national
14 304
-
7 356
-
total
44 628
-
24 231
-
Employer
84 643
-
47 500
-
total
-
-
-
-
Corporate
-
47 500
-
-
nationa
-
11 401
-
-
municipal
-
2 289
-
-
total
-
13 690
-
-
Dividends
-
33 810
-
-
withholding
-
8 791
-
-
total
-
8 791
-
-
Income
47 500
47 500
47 500
47 500
Total tax
44 628
22 481
24 231
21 596
After tax
2 872
25 019
23 269
25 904
Living cost
40 016
40 016
40 016
40 016
Free-cash
-37 144
-14 997
-16 747
-14 112

Estimated living cost  is ₽40016 per week

₽28108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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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