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
₽ 48500
per

Your estimated
City
free-cash

Dresden , Germany
₽8370
-₽3683
₽6662
₽9158
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
48 500
trade
-
-
-
788
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.

-
-
-
6 392
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
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.

-
-
-
4 371
total
-
-
-
11 791
Employee

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

35 785
-
48 500
-
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.

55
-
240
-
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.

1 000
-
4 371
-
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.

6 392
-
6 392
-
total
7 447
-
11 003
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
12 715
48 500
-
-
trade
2 003
7 638
-
-
income
1 907
7 274
-
-
chamber of commerce
160
211
-
-
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.

105
399
-
-
total
4 175
15 522
-
-
Dividends
8 541
32 977
-
-
withholding
1 779
7 889
-
-
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.

98
433
-
-
total
1 877
8 322
-
-
Income
48 500
48 500
48 500
48 500
Total tax
13 499
23 844
11 003
11 791
After tax
35 001
24 656
37 497
36 709
Living cost
28 339
28 339
28 339
28 339
Free-cash
6 662
-3 683
9 158
8 370

Estimated living cost  is ₽28339 per week

₽17826
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3304
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6679
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18711
-₽19293
-₽35295
-₽18331
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
48 500
municipal
-
-
-
4 437
pensions
-
-
-
5 820
social contributions
-
-
-
521
national
-
-
-
6 876
total
-
-
-
17 654
Employee
76 822
-
41 928
-
municipal
9 489
-
4 625
-
national
14 704
-
7 167
-
pensions
3 073
-
1 677
-
total
27 266
-
13 469
-
Employer
76 822
-
41 928
-
pensions
6 146
-
3 354
-
social contributions
826
-
451
-
total
6 972
-
3 805
-
Corporate
-
48 500
-
-
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%.

-
9 700
-
-
total
-
9 700
-
-
Dividends
-
38 800
-
-
withholding
-
8 536
-
-
total
-
8 536
-
-
Income
48 500
48 500
48 500
48 500
Total tax
34 238
18 236
17 274
17 654
After tax
14 262
30 264
31 226
30 846
Living cost
49 557
49 557
49 557
49 557
Free-cash
-35 295
-19 293
-18 331
-18 711

Estimated living cost  is ₽49557 per week

₽33683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽742
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10525
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18815
₽19335
₽11660
₽8366
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
48 500
surtax
-
-
-
-
social contributions

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

-
-
-
2 946
income
-
-
-
-
microenterprise
-
-
-
7 274
total
-
-
-
10 220
Employee
27 339
-
39 085
-
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.

3 008
-
4 298
-
surtax
-
-
-
-
income
4 867
-
6 956
-
total
7 875
-
11 254
-
Employer
27 339
-
39 085
-
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.

6 585
-
9 415
-
total
6 585
-
9 415
-
Corporate
14 576
48 500
-
-
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%.

2 915
9 700
-
-
total
2 915
9 700
-
-
Dividends

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

11 660
38 800
-
-
total
-
-
-
-
Income
48 500
48 500
48 500
48 500
Total tax
17 375
9 700
20 669
10 220
After tax
31 125
38 800
27 831
38 280
Living cost
19 465
19 465
19 465
19 465
Free-cash
11 660
19 335
8 366
18 815

Estimated living cost  is ₽19465 per week

₽12418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1854
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4751
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11412
-₽39156
-₽44407
-₽44407
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
48 500
pensions
-
-
-
8 730
health
-
-
-
7 445
income
-
-
-
4 543
total
-
-
-
20 718
Employee
79 897
79 897
79 897
-
pensions
14 381
10 962
14 381
-
income

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

13 078
13 078
13 078
-
health
12 263
10 431
12 263
-
total
39 722
34 471
39 722
-
Employer
79 897
79 897
79 897
-
pensions
5 561
5 561
5 561
-
unemployment
2 876
2 876
2 876
-
health
5 554
5 554
5 554
-
total
13 991
13 991
13 991
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
48 500
48 500
48 500
48 500
Total tax
53 713
48 462
53 713
20 718
After tax
-5 213
38
-5 213
27 782
Living cost
39 194
39 194
39 194
39 194
Free-cash
-44 407
-39 156
-44 407
-11 412

Estimated living cost  is ₽39194 per week

₽27776
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽623
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7262
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14367
-₽12063
-₽23679
-₽12644
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
48 500
municipal
-
-
-
10 273
pensions
-
-
-
5 243
health
-
-
-
3 026
other
-
-
-
5 636
unemployment
-
-
-
48
accident
-
-
-
97
national
-
-
-
-
total
-
-
-
24 323
Employee
54 922
-
36 905
-
municipal
16 378
-
11 005
-
national
-
-
-
-
total
16 378
-
11 005
-
Employer
54 922
-
36 905
-
pensions
5 937
-
3 989
-
other
6 382
-
4 288
-
unemployment
1 450
-
974
-
accident
110
-
74
-
health
3 378
-
2 270
-
total
17 257
-
11 595
-
Corporate
-
48 500
-
-
income
-
10 670
-
-
total
-
10 670
-
-
Dividends
-
37 830
-
-
withholding
-
11 349
-
-
total
-
11 349
-
-
Income
48 500
48 500
48 500
48 500
Total tax
33 635
22 019
22 600
24 323
After tax
14 865
26 481
25 900
24 177
Living cost
38 544
38 544
38 544
38 544
Free-cash
-23 679
-12 063
-12 644
-14 367

Estimated living cost  is ₽38544 per week

₽25545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3782
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.
₽8631
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽80
-₽12351
₽567
₽742
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
48 500
trade
-
-
-
822
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.

-
-
-
6 392
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
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.

-
-
-
4 371
total
-
-
-
11 825
Employee

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

47 447
-
48 500
-
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.

224
-
240
-
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.

4 077
-
4 371
-
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.

6 392
-
6 392
-
total
10 693
-
11 003
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 053
48 500
-
-
trade
174
7 979
-
-
income
158
7 274
-
-
chamber of commerce
144
211
-
-
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.

9
399
-
-
total
485
15 863
-
-
Dividends
569
32 636
-
-
withholding
-
7 803
-
-
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.

-
430
-
-
total
-
8 233
-
-
Income
48 500
48 500
48 500
48 500
Total tax
11 178
24 096
11 003
11 825
After tax
37 322
24 404
37 497
36 675
Living cost
36 755
36 755
36 755
36 755
Free-cash
567
-12 351
742
-80

Estimated living cost  is ₽36755 per week

₽24582
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7748
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8335
-₽3003
₽1533
₽1786
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
48 500
health
-
-
-
1 238
social contributions
-
-
-
7 565
income
-
-
-
1 016
total
-
-
-
9 819
Employee
71 944
71 944
71 944
-
social contributions
3 496
5 971
3 654
-
income
7 555
6 660
7 496
-
health
716
1 223
749
-
total
11 767
13 854
11 899
-
Employer
71 944
71 944
71 944
-
social contributions
3 496
5 971
3 654
-
health
779
1 332
815
-
total
4 275
7 303
4 469
-
Corporate
2 112
-
-
-
income
265
-
-
-
total
265
-
-
-
Dividends
1 847
-
-
-
withholding
314
-
-
-
total
314
-
-
-
Income
48 500
48 500
48 500
48 500
Total tax
16 621
21 157
16 368
9 819
After tax
31 879
27 343
32 132
38 681
Living cost
30 346
30 346
30 346
30 346
Free-cash
1 533
-3 003
1 786
8 335

Estimated living cost  is ₽30346 per week

₽20745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2370
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6722
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16364
₽10259
₽10620
₽10881
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
48 500
pensions
-
-
-
4 850
health
-
-
-
3 395
unemployment
-
-
-
728
income
-
-
-
5 929
total
-
-
-
14 902
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.

24 878
9 901
40 586
-
pensions
2 488
990
4 059
-
unemployment
373
149
609
-
income
3 041
1 210
4 962
-
health
1 741
693
2 841
-
total
7 643
3 042
12 471
-
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.

24 878
9 901
40 586
-
pensions
4 851
1 931
7 914
-
total
4 851
1 931
7 914
-
Corporate
18 770
36 668
-
-
income
1 689
3 300
-
-
total
1 689
3 300
-
-
Dividends
17 081
33 368
-
-
withholding
3 245
6 340
-
-
social contributions
3 218
6 394
-
-
total
6 463
12 734
-
-
Income
48 500
48 500
48 500
48 500
Total tax
20 646
21 007
20 385
14 902
After tax
27 854
27 493
28 115
33 598
Living cost
17 234
17 234
17 234
17 234
Free-cash
10 620
10 259
10 881
16 364

Estimated living cost  is ₽17234 per week

₽11761
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1410
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽344
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3719
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4758
₽16202
₽10389
₽6447
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
48 500
pensions
-
-
-
9 701
health
-
-
-
6 305
income
-
-
-
5 138
total
-
-
-
21 144
Employee
26 542
-
36 247
-
pensions
531
-
724
-
unemployment
424
-
581
-
income
2 988
-
5 900
-
total
3 943
-
7 205
-
Employer
26 542
-
36 247
-
pensions
5 309
-
7 249
-
unemployment
213
-
289
-
health
3 450
-
4 712
-
total
8 972
-
12 250
-
Corporate
12 987
48 500
-
-
income
2 598
9 700
-
-
total
2 598
9 700
-
-
Dividends
10 389
38 800
-
-
total
-
-
-
-
Income
48 500
48 500
48 500
48 500
Total tax
15 513
9 700
19 455
21 144
After tax
32 987
38 800
29 045
27 356
Living cost
22 598
22 598
22 598
22 598
Free-cash
10 389
16 202
6 447
4 758

Estimated living cost  is ₽22598 per week

₽15500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1346
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5298
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12648
-₽17007
₽717
₽4676
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
48 500
pensions
-
-
-
3 960
health
-
-
-
2 075
other
-
-
-
353
accident
-
-
-
240
income
-
-
-
8 288
total
-
-
-
14 916
Employee
32 933
-
40 289
-
pensions
3 708
-
4 537
-
income
4 518
-
5 527
-
health
3 771
-
4 613
-
total
11 997
-
14 677
-
Employer
32 933
-
40 289
-
pensions
5 355
-
6 551
-
unemployment
807
-
987
-
accident
550
-
673
-
total
6 712
-
8 211
-
Corporate
8 855
48 500
-
-
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.

7 970
43 650
-
-
total
7 970
43 650
-
-
Dividends
886
4 850
-
-
withholding
168
921
-
-
total
168
921
-
-
Income
48 500
48 500
48 500
48 500
Total tax
26 847
44 571
22 888
14 916
After tax
21 653
3 929
25 612
33 584
Living cost
20 936
20 936
20 936
20 936
Free-cash
717
-17 007
4 676
12 648

Estimated living cost  is ₽20936 per week

₽15344
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40383
₽38443
₽37012
₽31168
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
48 500
microenterprise

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

-
-
-
485
total
-
-
-
485
Employee
9 540
-
48 500
-
income
1 908
-
9 700
-
total
1 908
-
9 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

38 960
48 500
-
-
total
-
-
-
-
Dividends
38 960
48 500
-
-
withholding
1 948
2 425
-
-
total
1 948
2 425
-
-
Income
48 500
48 500
48 500
48 500
Total tax
3 856
2 425
9 700
485
After tax
44 644
46 075
38 800
48 015
Living cost
7 632
7 632
7 632
7 632
Free-cash
37 012
38 443
31 168
40 383

Estimated living cost  is ₽7632 per week

₽4730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽634
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽210
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2058
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1332
₽10703
₽4385
₽3497
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
48 500
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.

-
-
-
11 640
health
-
-
-
2 134
other
-
-
-
2 305
income
-
-
-
6 159
total
-
-
-
22 238
Employee
33 971
-
38 737
-
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.

2 377
-
2 713
-
unemployment
339
-
387
-
income
5 848
-
6 669
-
health
476
-
542
-
total
9 040
-
10 311
-
Employer
33 971
-
38 737
-
pensions

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

5 776
-
6 585
-
other
1 699
-
1 937
-
unemployment
339
-
387
-
accident
272
-
311
-
health
476
-
542
-
total
8 562
-
9 762
-
Corporate
5 968
48 500
-
-
income
1 253
10 184
-
-
total
1 253
10 184
-
-
Dividends
4 714
38 316
-
-
withholding
330
2 683
-
-
total
330
2 683
-
-
Income
48 500
48 500
48 500
48 500
Total tax
19 185
12 867
20 073
22 238
After tax
29 315
35 633
28 427
26 262
Living cost
24 930
24 930
24 930
24 930
Free-cash
4 385
10 703
3 497
1 332

Estimated living cost  is ₽24930 per week

₽17615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1683
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24878
-₽25077
-₽50301
-₽29645
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
48 500
pensions
-
-
-
2 831
income
-
-
-
9 133
total
-
-
-
11 964
Employee
86 891
-
43 416
-
pensions
8 383
-
3 165
-
income
15 663
-
7 942
-
health
1 432
-
540
-
total
25 478
-
11 647
-
Employer
86 891
-
43 416
-
pensions
10 259
-
4 259
-
health
1 650
-
825
-
total
11 909
-
5 084
-
Corporate
-
48 500
-
-
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.

-
9 216
-
-
total
-
9 216
-
-
Dividends
-
39 284
-
-
withholding
-
2 947
-
-
total
-
2 947
-
-
Income
48 500
48 500
48 500
48 500
Total tax
37 387
12 163
16 731
11 964
After tax
11 113
36 337
31 769
36 536
Living cost
61 414
61 414
61 414
61 414
Free-cash
-50 301
-25 077
-29 645
-24 878

Estimated living cost  is ₽61414 per week

₽46019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7216
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽20233
₽29202
₽24856
₽20884
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
48 500
pensions

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

-
-
-
4 837
health
-
-
-
3 758
unemployment
-
-
-
131
income
-
-
-
7 275
total
-
-
-
16 001
Employee
16 242
-
42 088
-
accident

We are using the highest rate at 1.1%.

179
-
359
-
pensions

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

1 426
-
2 869
-
income
1 624
-
4 208
-
health
747
-
1 503
-
total
3 976
-
8 939
-
Employer
16 242
-
42 088
-
pensions

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

1 790
-
3 601
-
unemployment
97
-
196
-
accident

We are using the highest rate at 1.1%.

179
-
359
-
health
1 121
-
2 255
-
total
3 187
-
6 411
-
Corporate
29 070
48 500
-
-
income
2 907
4 850
-
-
total
2 907
4 850
-
-
Dividends
26 164
43 650
-
-
withholding
1 308
2 182
-
-
total
1 308
2 182
-
-
Income
48 500
48 500
48 500
48 500
Total tax
11 378
7 032
15 350
16 001
After tax
37 122
41 468
33 150
32 499
Living cost
12 266
12 266
12 266
12 266
Free-cash
24 856
29 202
20 884
20 233

Estimated living cost  is ₽12266 per week

₽7161
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽325
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3904
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24099
-₽51843
-₽53431
-₽57094
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
48 500
pensions
-
-
-
8 730
health
-
-
-
7 445
income
-
-
-
4 543
total
-
-
-
20 718
Employee
86 743
79 897
79 897
-
pensions
10 962
10 962
14 381
-
income

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

13 078
13 078
13 078
-
health
10 822
10 431
12 263
-
total
34 862
34 471
39 722
-
Employer
86 743
79 897
79 897
-
pensions
6 037
5 561
5 561
-
unemployment
3 123
2 876
2 876
-
health
6 028
5 554
5 554
-
total
15 188
13 991
13 991
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
48 500
48 500
48 500
48 500
Total tax
50 050
48 462
53 713
20 718
After tax
-1 550
38
-5 213
27 782
Living cost
51 881
51 881
51 881
51 881
Free-cash
-53 431
-51 843
-57 094
-24 099

Estimated living cost  is ₽51881 per week

₽38271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4634
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8382
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽382
₽10152
₽1861
₽1372
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
48 500
health
-
-
-
6 547
social contributions
-
-
-
14 162
solidarity contribution
-
-
-
-
income
-
-
-
4 169
total
-
-
-
24 878
Employee
34 177
-
36 194
-
social contributions
2 222
-
2 353
-
income
4 101
-
4 343
-
solidarity contribution
-
-
-
-
health
4 614
-
4 886
-
total
10 937
-
11 582
-
Employer
34 177
-
36 194
-
social contributions
8 544
-
9 049
-
health
3 076
-
3 257
-
total
11 620
-
12 306
-
Corporate
2 703
48 500
-
-
income
514
9 215
-
-
total
514
9 215
-
-
Dividends
2 189
39 285
-
-
withholding
328
5 893
-
-
total
328
5 893
-
-
Income
48 500
48 500
48 500
48 500
Total tax
23 399
15 108
23 888
24 878
After tax
25 101
33 392
24 612
23 622
Living cost
23 240
23 240
23 240
23 240
Free-cash
1 861
10 152
1 372
382

Estimated living cost  is ₽23240 per week

₽16143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1653
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4987
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12880
-₽13602
-₽34651
-₽15618
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
48 500
municipal
-
-
-
288
regional
-
-
-
477
social contributions
-
-
-
12 475
national
-
-
-
8 661
total
-
-
-
21 901
Employee
83 151
-
48 500
-
social contributions
28 039
-
16 354
-
municipal
440
-
257
-
regional
785
-
415
-
national
14 408
-
7 613
-
total
43 672
-
24 639
-
Employer
83 151
-
48 500
-
total
-
-
-
-
Corporate
-
48 500
-
-
nationa
-
11 640
-
-
municipal
-
1 891
-
-
total
-
13 531
-
-
Dividends
-
34 969
-
-
withholding
-
9 092
-
-
total
-
9 092
-
-
Income
48 500
48 500
48 500
48 500
Total tax
43 672
22 623
24 639
21 901
After tax
4 828
25 877
23 861
26 599
Living cost
39 479
39 479
39 479
39 479
Free-cash
-34 651
-13 602
-15 618
-12 880

Estimated living cost  is ₽39479 per week

₽27520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7164
₽9861
₽6948
₽5953
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
48 500
pensions
-
-
-
9 700
health
-
-
-
3 444
surtax
-
-
-
304
other
-
-
-
-
unemployment
-
-
-
213
income
-
-
-
7 029
total
-
-
-
20 690
Employee
30 940
-
40 068
-
surtax
101
-
270
-
pensions
2 063
-
2 672
-
other
-
-
-
-
unemployment
2 154
-
2 789
-
income
5 186
-
6 717
-
health
790
-
1 021
-
total
10 294
-
13 469
-
Employer
30 940
-
40 068
-
pensions
4 124
-
5 341
-
other
-
-
-
-
unemployment
980
-
1 269
-
health
1 408
-
1 822
-
total
6 512
-
8 432
-
Corporate
11 047
48 500
-
-
income
2 873
12 610
-
-
total
2 873
12 610
-
-
Dividends
8 175
35 890
-
-
withholding
1 227
5 383
-
-
total
1 227
5 383
-
-
Income
48 500
48 500
48 500
48 500
Total tax
20 906
17 993
21 901
20 690
After tax
27 594
30 507
26 599
27 810
Living cost
20 646
20 646
20 646
20 646
Free-cash
6 948
9 861
5 953
7 164

Estimated living cost  is ₽20646 per week

₽12624
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1905
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.
₽5641
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5420
-₽5619
-₽17142
-₽10187
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
48 500
pensions
-
-
-
2 831
income
-
-
-
9 133
total
-
-
-
11 964
Employee
58 232
-
43 416
-
pensions
4 943
-
3 165
-
income
10 488
-
7 942
-
health
845
-
540
-
total
16 276
-
11 647
-
Employer
58 232
-
43 416
-
pensions
6 304
-
4 259
-
health
1 106
-
825
-
total
7 410
-
5 084
-
Corporate
-
48 500
-
-
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.

-
9 216
-
-
total
-
9 216
-
-
Dividends
-
39 284
-
-
withholding
-
2 947
-
-
total
-
2 947
-
-
Income
48 500
48 500
48 500
48 500
Total tax
23 686
12 163
16 731
11 964
After tax
24 814
36 337
31 769
36 536
Living cost
41 956
41 956
41 956
41 956
Free-cash
-17 142
-5 619
-10 187
-5 420

Estimated living cost  is ₽41956 per week

₽31433
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.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6939
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽33392
-₽52484
-₽47201
-₽36103
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
48 500
regional
-
-
-
928
city
-
-
-
510
pensions
-
-
-
4 462
health
-
-
-
244
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.

-
-
-
970
national
-
-
-
115
total
-
-
-
7 229
Employee
87 375
-
43 284
-
regional
2 861
-
773
-
national
414
-
86
-
pensions
7 341
-
3 778
-
unemployment
-
-
-
-
city
938
-
464
-
health
198
-
98
-
total
11 752
-
5 199
-
Employer
87 375
-
43 284
-
pensions
7 341
-
3 778
-
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.

1 747
-
865
-
unemployment
-
-
-
-
health
198
-
98
-
total
9 286
-
4 741
-
Corporate
-
48 500
-
-
regional
-
10 257
-
-
national
-
4 123
-
-
total
-
14 380
-
-
Dividends
-
34 120
-
-
withholding
-
11 941
-
-
total
-
11 941
-
-
Income
48 500
48 500
48 500
48 500
Total tax
21 038
26 321
9 940
7 229
After tax
27 462
22 179
38 560
41 271
Living cost
74 663
74 663
74 663
74 663
Free-cash
-47 201
-52 484
-36 103
-33 392

Estimated living cost  is ₽74663 per week

₽48552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6700
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽917
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18494
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽6222
-₽18706
-₽7729
-₽5364
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
48 500
trade
-
-
-
858
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.

-
-
-
6 392
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
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.

-
-
-
4 371
total
-
-
-
11 861
Employee

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

56 228
-
48 500
-
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.

364
-
240
-
income

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

6 612
-
4 371
-
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.

6 392
-
6 392
-
total
13 368
-
11 003
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
48 500
-
-
trade
-
8 318
-
-
income
-
7 274
-
-
chamber of commerce
-
210
-
-
surtax

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

-
399
-
-
total
-
16 201
-
-
Dividends
-
32 299
-
-
withholding
-
7 720
-
-
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.

-
424
-
-
total
-
8 144
-
-
Income
48 500
48 500
48 500
48 500
Total tax
13 368
24 345
11 003
11 861
After tax
35 132
24 155
37 497
36 639
Living cost
42 861
42 861
42 861
42 861
Free-cash
-7 729
-18 706
-5 364
-6 222

Estimated living cost  is ₽42861 per week

₽31304
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3428
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7572
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2828
-₽7565
-₽4048
-₽2272
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
48 500
pensions
-
-
-
14 103
health
-
-
-
421
surtax
-
-
-
-
other
-
-
-
1 504
social contributions
-
-
-
1 381
income
-
-
-
1 909
total
-
-
-
19 318
Employee
40 043
-
36 958
-
social contributions
1 142
-
1 053
-
surtax
-
-
-
-
pensions
4 528
-
4 180
-
income
2 363
-
1 990
-
total
8 033
-
7 223
-
Employer
40 043
-
36 958
-
pensions
6 578
-
6 070
-
social contributions
121
-
110
-
other
1 381
-
1 275
-
unemployment
1 621
-
1 497
-
health
2 804
-
2 587
-
total
12 505
-
11 539
-
Corporate
-
48 500
-
-
income
-
13 581
-
-
surtax
-
-
-
-
total
-
13 581
-
-
Dividends
-
34 919
-
-
withholding
-
4 469
-
-
surtax
-
-
-
-
social contributions
-
6 005
-
-
total
-
10 474
-
-
Income
48 500
48 500
48 500
48 500
Total tax
20 538
24 055
18 762
19 318
After tax
27 962
24 445
29 738
29 182
Living cost
32 010
32 010
32 010
32 010
Free-cash
-4 048
-7 565
-2 272
-2 828

Estimated living cost  is ₽32010 per week

₽20184
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽343
-₽4394
₽803
₽899
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
48 500
pensions
-
-
-
14 103
health
-
-
-
421
surtax
-
-
-
-
other
-
-
-
1 504
social contributions
-
-
-
1 381
income
-
-
-
1 909
total
-
-
-
19 318
Employee
35 744
-
36 958
-
social contributions
1 019
-
1 053
-
surtax
-
-
-
-
pensions
4 043
-
4 180
-
income
1 843
-
1 990
-
total
6 905
-
7 223
-
Employer
35 744
-
36 958
-
pensions
5 873
-
6 070
-
social contributions
107
-
110
-
other
1 234
-
1 275
-
unemployment
1 447
-
1 497
-
health
2 502
-
2 587
-
total
11 163
-
11 539
-
Corporate
1 594
48 500
-
-
income
446
13 581
-
-
surtax
-
-
-
-
total
446
13 581
-
-
Dividends
1 148
34 919
-
-
withholding
147
4 469
-
-
surtax
-
-
-
-
social contributions
197
6 005
-
-
total
344
10 474
-
-
Income
48 500
48 500
48 500
48 500
Total tax
18 858
24 055
18 762
19 318
After tax
29 642
24 445
29 738
29 182
Living cost
28 839
28 839
28 839
28 839
Free-cash
803
-4 394
899
343

Estimated living cost  is ₽28839 per week

₽16725
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2930
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.
₽8638
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11307
₽9751
₽10235
₽9430
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
48 500
health
-
-
-
3 386
social contributions
-
-
-
6 694
income
-
-
-
7 274
total
-
-
-
17 354
Employee
31 723
-
48 500
-
social contributions
4 378
-
6 694
-
income
5 291
-
9 151
-
health
2 214
-
3 386
-
total
11 883
-
19 231
-
Employer
31 723
-
48 500
-
total
-
-
-
-
Corporate
16 777
48 500
-
-
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%.

838
2 425
-
-
total
838
2 425
-
-
Dividends
15 939
46 075
-
-
withholding
2 392
6 912
-
-
social contributions
2 200
6 358
-
-
health
1 113
3 215
-
-
total
5 705
16 485
-
-
Income
48 500
48 500
48 500
48 500
Total tax
18 426
18 910
19 231
17 354
After tax
30 074
29 590
29 269
31 146
Living cost
19 839
19 839
19 839
19 839
Free-cash
10 235
9 751
9 430
11 307

Estimated living cost  is ₽19839 per week

₽13277
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4881
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5905
-₽5774
-₽12786
-₽13537
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
48 500
pensions
-
-
-
8 973
health
-
-
-
3 711
surtax
-
-
-
185
unemployment
-
-
-
5 738
income
-
-
-
2 637
chamber of commerce
-
-
-
194
total
-
-
-
21 438
Employee
46 757
37 285
37 515
-
pensions
4 789
3 817
3 842
-
other
467
373
375
-
unemployment
1 403
1 119
1 126
-
income
5 323
2 750
2 798
-
health
1 809
1 443
1 452
-
total
13 791
9 502
9 593
-
Employer
46 757
37 285
37 515
-
payroll
1 403
1 119
1 126
-
chamber of commerce
186
149
151
-
pensions
5 868
4 680
4 709
-
surtax
185
185
185
-
other
2 221
1 770
1 783
-
unemployment
1 403
1 119
1 126
-
accident
607
485
488
-
health
1 767
1 410
1 419
-
total
13 640
10 917
10 987
-
Corporate
3 551
3 551
33 964
-
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.

888
888
8 490
-
total
888
888
8 490
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
48 500
48 500
48 500
48 500
Total tax
28 319
21 307
29 070
21 438
After tax
20 181
27 193
19 430
27 062
Living cost
32 967
32 967
32 967
32 967
Free-cash
-12 786
-5 774
-13 537
-5 905

Estimated living cost  is ₽32967 per week

₽21988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2812
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7626
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7259
-₽6748
-₽37906
-₽12950
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
48 500
social contributions
-
-
-
5 133
communal

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

-
-
-
2 603
national
-
-
-
13 910
total
-
-
-
21 646
Employee

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

66 925
-
37 563
-
national
20 575
-
9 534
-
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.

5 019
-
2 818
-
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.

582
-
327
-
communal

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

3 491
-
1 958
-
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.

3 144
-
1 765
-
total
32 811
-
16 402
-
Employer

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

66 925
-
37 563
-
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.

5 930
-
3 327
-
surtax
7 588
-
4 261
-
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.

977
-
549
-
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.

870
-
488
-
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.

4 116
-
2 310
-
total
19 481
-
10 935
-
Corporate
-
48 500
-
-
income
-
9 700
-
-
surtax
-
194
-
-
total
-
9 894
-
-
Dividends
-
38 607
-
-
withholding

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

-
11 241
-
-
total
-
11 241
-
-
Income
48 500
48 500
48 500
48 500
Total tax
52 292
21 135
27 337
21 646
After tax
-3 792
27 365
21 163
26 854
Living cost
34 114
34 114
34 114
34 114
Free-cash
-37 906
-6 748
-12 950
-7 259

Estimated living cost  is ₽34114 per week

₽21973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2983
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8624
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6881
-₽1007
-₽12917
-₽6507
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
48 500
pensions
-
-
-
13 726
other
-
-
-
48
unemployment
-
-
-
339
accident
-
-
-
437
income
-
-
-
7 042
total
-
-
-
21 592
Employee
46 572
-
36 776
-
pensions
2 189
-
1 729
-
other
46
-
37
-
unemployment
723
-
570
-
income
9 826
-
7 160
-
total
12 784
-
9 496
-
Employer
46 572
-
36 776
-
pensions
10 990
-
8 679
-
other
371
-
293
-
unemployment
2 562
-
2 022
-
accident
921
-
728
-
total
14 844
-
11 722
-
Corporate
-
48 500
-
-
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.

-
7 274
-
-
total
-
7 274
-
-
Dividends
-
41 226
-
-
withholding
-
8 444
-
-
total
-
8 444
-
-
Income
48 500
48 500
48 500
48 500
Total tax
27 628
15 718
21 218
21 592
After tax
20 872
32 782
27 282
26 908
Living cost
33 789
33 789
33 789
33 789
Free-cash
-12 917
-1 007
-6 507
-6 881

Estimated living cost  is ₽33789 per week

₽24882
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2397
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18417
-₽20329
-₽30817
-₽17648
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
48 500
pensions
-
-
-
7 761
health
-
-
-
3 638
surtax
-
-
-
2 567
accident
-
-
-
437
communal
-
-
-
-
income
-
-
-
1 669
total
-
-
-
16 072
Employee
70 853
-
43 179
-
surtax
4 343
-
2 635
-
pensions
5 667
-
3 562
-
income
6 844
-
1 804
-
health
3 153
-
1 981
-
total
20 007
-
9 982
-
Employer
70 853
-
43 179
-
pensions
5 667
-
3 562
-
accident
637
-
401
-
health
2 161
-
1 358
-
total
8 465
-
5 321
-
Corporate
-
48 500
-
-
communal
-
3 274
-
-
income
-
7 274
-
-
surtax
-
510
-
-
total
-
11 058
-
-
Dividends
-
37 442
-
-
withholding
-
5 616
-
-
income
-
1 310
-
-
total
-
6 926
-
-
Income
48 500
48 500
48 500
48 500
Total tax
28 472
17 984
15 303
16 072
After tax
20 028
30 516
33 197
32 428
Living cost
50 845
50 845
50 845
50 845
Free-cash
-30 817
-20 329
-17 648
-18 417

Estimated living cost  is ₽50845 per week

₽38141
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3080
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽6795
₽9492
₽6514
₽5584
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
48 500
pensions
-
-
-
9 700
health
-
-
-
3 444
surtax
-
-
-
304
other
-
-
-
-
unemployment
-
-
-
213
income
-
-
-
7 029
total
-
-
-
20 690
Employee
31 508
-
40 068
-
surtax
112
-
270
-
pensions
2 102
-
2 672
-
other
-
-
-
-
unemployment
2 193
-
2 789
-
income
5 282
-
6 717
-
health
804
-
1 021
-
total
10 493
-
13 469
-
Employer
31 508
-
40 068
-
pensions
4 201
-
5 341
-
other
-
-
-
-
unemployment
1 000
-
1 269
-
health
1 433
-
1 822
-
total
6 634
-
8 432
-
Corporate
10 359
48 500
-
-
income
2 693
12 610
-
-
total
2 693
12 610
-
-
Dividends
7 665
35 890
-
-
withholding
1 151
5 383
-
-
total
1 151
5 383
-
-
Income
48 500
48 500
48 500
48 500
Total tax
20 971
17 993
21 901
20 690
After tax
27 529
30 507
26 599
27 810
Living cost
21 015
21 015
21 015
21 015
Free-cash
6 514
9 492
5 584
6 795

Estimated living cost  is ₽21015 per week

₽12688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1827
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.
₽6014
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽1142
₽289
-₽3400
-₽1579
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
48 500
municipal
-
-
-
288
regional
-
-
-
731
social contributions
-
-
-
12 475
national
-
-
-
8 661
total
-
-
-
22 155
Employee
51 900
-
48 500
-
social contributions
17 501
-
16 354
-
municipal
275
-
257
-
regional
699
-
652
-
national
8 222
-
7 613
-
total
26 697
-
24 876
-
Employer
51 900
-
48 500
-
total
-
-
-
-
Corporate
-
48 500
-
-
nationa
-
11 640
-
-
municipal
-
2 411
-
-
total
-
14 051
-
-
Dividends
-
34 449
-
-
withholding
-
8 957
-
-
total
-
8 957
-
-
Income
48 500
48 500
48 500
48 500
Total tax
26 697
23 008
24 876
22 155
After tax
21 803
25 492
23 624
26 345
Living cost
25 203
25 203
25 203
25 203
Free-cash
-3 400
289
-1 579
1 142

Estimated living cost  is ₽25203 per week

₽15674
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2553
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.
₽6544
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5016
₽4754
-₽7934
-₽4026
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
48 500
health
-
-
-
6 547
social contributions
-
-
-
14 162
solidarity contribution
-
-
-
-
income
-
-
-
4 169
total
-
-
-
24 878
Employee
42 115
-
36 194
-
social contributions
2 737
-
2 353
-
income
5 054
-
4 343
-
solidarity contribution
-
-
-
-
health
5 686
-
4 886
-
total
13 477
-
11 582
-
Employer
42 115
-
36 194
-
social contributions
10 529
-
9 049
-
health
3 790
-
3 257
-
total
14 319
-
12 306
-
Corporate
-
48 500
-
-
income
-
9 215
-
-
total
-
9 215
-
-
Dividends
-
39 285
-
-
withholding
-
5 893
-
-
total
-
5 893
-
-
Income
48 500
48 500
48 500
48 500
Total tax
27 796
15 108
23 888
24 878
After tax
20 704
33 392
24 612
23 622
Living cost
28 638
28 638
28 638
28 638
Free-cash
-7 934
4 754
-4 026
-5 016

Estimated living cost  is ₽28638 per week

₽21297
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5259
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2602
-₽2471
-₽5054
-₽10361
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
48 500
pensions
-
-
-
8 973
health
-
-
-
3 711
surtax
-
-
-
-
unemployment
-
-
-
5 738
income
-
-
-
2 637
chamber of commerce
-
-
-
194
total
-
-
-
21 253
Employee
40 898
37 285
37 662
-
pensions
4 188
3 817
3 856
-
other
408
373
376
-
unemployment
1 227
1 119
1 129
-
income
3 643
2 750
2 828
-
health
1 582
1 443
1 458
-
total
11 048
9 502
9 647
-
Employer
40 898
37 285
37 662
-
payroll
1 227
1 119
1 129
-
chamber of commerce
163
149
151
-
pensions
5 133
4 680
4 726
-
surtax
-
-
-
-
other
1 942
1 770
1 788
-
unemployment
1 227
1 119
1 129
-
accident
531
485
490
-
health
1 546
1 410
1 424
-
total
11 769
10 732
10 837
-
Corporate
3 551
3 551
34 111
-
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.

888
888
8 528
-
total
888
888
8 528
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
48 500
48 500
48 500
48 500
Total tax
23 705
21 122
29 012
21 253
After tax
24 795
27 378
19 488
27 247
Living cost
29 849
29 849
29 849
29 849
Free-cash
-5 054
-2 471
-10 361
-2 602

Estimated living cost  is ₽29849 per week

₽17906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3049
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36122
₽34182
₽31952
₽26907
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
48 500
microenterprise

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

-
-
-
485
total
-
-
-
485
Employee
14 866
-
48 500
-
income
2 973
-
9 700
-
total
2 973
-
9 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

33 634
48 500
-
-
total
-
-
-
-
Dividends
33 634
48 500
-
-
withholding
1 682
2 425
-
-
total
1 682
2 425
-
-
Income
48 500
48 500
48 500
48 500
Total tax
4 655
2 425
9 700
485
After tax
43 845
46 075
38 800
48 015
Living cost
11 893
11 893
11 893
11 893
Free-cash
31 952
34 182
26 907
36 122

Estimated living cost  is ₽11893 per week

₽8048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽499
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2946
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1872
₽8297
₽471
₽336
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
48 500
pensions
-
-
-
8 858
health
-
-
-
4 773
unemployment
-
-
-
73
income
-
-
-
7 829
total
-
-
-
21 533
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.

41 373
-
41 964
-
pensions
6 413
-
6 504
-
unemployment
59
-
59
-
income
7 135
-
7 261
-
health
2 672
-
2 711
-
total
16 279
-
16 535
-
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.

41 373
-
41 964
-
pensions
3 661
-
3 714
-
unemployment
25
-
25
-
health
2 756
-
2 795
-
total
6 442
-
6 534
-
Corporate
686
48 500
-
-
income
130
9 215
-
-
total
130
9 215
-
-
Dividends
556
39 285
-
-
withholding
83
5 893
-
-
total
83
5 893
-
-
Income
48 500
48 500
48 500
48 500
Total tax
22 934
15 108
23 069
21 533
After tax
25 566
33 392
25 431
26 967
Living cost
25 095
25 095
25 095
25 095
Free-cash
471
8 297
336
1 872

Estimated living cost  is ₽25095 per week

₽17222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1609
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5779
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7285
-₽11295
-₽92495
-₽4742
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
48 500
social contributions
-
-
-
5 529
income
-
-
-
9 454
total
-
-
-
14 983
Employee
58 504
-
-
-
social contributions
4 797
-
684
-
income
12 905
-
-
-
total
17 702
-
684
-
Employer
58 504
-
-
-
social contributions
82 491
-
11 756
-
total
82 491
-
11 756
-
Corporate
-
48 500
-
-
income
-
10 670
-
-
total
-
10 670
-
-
Dividends
-
37 830
-
-
income
-
8 323
-
-
total
-
8 323
-
-
Income
48 500
48 500
48 500
48 500
Total tax
100 193
18 993
12 440
14 983
After tax
-51 693
29 507
36 060
33 517
Living cost
40 802
40 802
40 802
40 802
Free-cash
-92 495
-11 295
-4 742
-7 285

Estimated living cost  is ₽40802 per week

₽26474
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1148
-₽1760
-₽4751
-₽2290
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
48 500
surtax
-
-
-
-
social contributions

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

-
-
-
16 853
income
-
-
-
3 448
total
-
-
-
20 301
Employee
43 031
-
39 191
-
social contributions
4 733
-
4 311
-
surtax
-
-
-
-
income
8 951
-
7 825
-
total
13 684
-
12 136
-
Employer
43 031
-
39 191
-
social contributions
10 220
-
9 307
-
total
10 220
-
9 307
-
Corporate
-
48 500
-
-
income
-
10 184
-
-
surtax
-
-
-
-
total
-
10 184
-
-
Dividends
-
38 316
-
-
withholding
-
10 729
-
-
total
-
10 729
-
-
Income
48 500
48 500
48 500
48 500
Total tax
23 904
20 913
21 443
20 301
After tax
24 596
27 587
27 057
28 199
Living cost
29 347
29 347
29 347
29 347
Free-cash
-4 751
-1 760
-2 290
-1 148

Estimated living cost  is ₽29347 per week

₽21958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1731
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.
₽5168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16007
-₽20744
-₽28400
-₽15451
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
48 500
pensions
-
-
-
14 103
health
-
-
-
421
surtax
-
-
-
-
other
-
-
-
1 504
social contributions
-
-
-
1 381
income
-
-
-
1 909
total
-
-
-
19 318
Employee
58 599
-
36 958
-
social contributions
1 669
-
1 053
-
surtax
-
-
-
-
pensions
6 628
-
4 180
-
income
5 113
-
1 990
-
total
13 410
-
7 223
-
Employer
58 599
-
36 958
-
pensions
9 628
-
6 070
-
social contributions
176
-
110
-
other
2 022
-
1 275
-
unemployment
2 374
-
1 497
-
health
4 101
-
2 587
-
total
18 301
-
11 539
-
Corporate
-
48 500
-
-
income
-
13 581
-
-
surtax
-
-
-
-
total
-
13 581
-
-
Dividends
-
34 919
-
-
withholding
-
4 469
-
-
surtax
-
-
-
-
social contributions
-
6 005
-
-
total
-
10 474
-
-
Income
48 500
48 500
48 500
48 500
Total tax
31 711
24 055
18 762
19 318
After tax
16 789
24 445
29 738
29 182
Living cost
45 189
45 189
45 189
45 189
Free-cash
-28 400
-20 744
-15 451
-16 007

Estimated living cost  is ₽45189 per week

₽30583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3697
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽620
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10289
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9705
₽15525
₽12383
₽11136
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
48 500
social contributions
-
-
-
10 671
income
-
-
-
-
total
-
-
-
10 671
Employee
30 079
-
41 991
-
social contributions
1 955
-
2 731
-
income
-
-
-
-
total
1 955
-
2 731
-
Employer
30 079
-
41 991
-
social contributions
4 662
-
6 509
-
total
4 662
-
6 509
-
Corporate
13 759
48 500
-
-
income
1 376
4 851
-
-
total
1 376
4 851
-
-
Dividends
12 383
43 649
-
-
total
-
-
-
-
Income
48 500
48 500
48 500
48 500
Total tax
7 993
4 851
9 240
10 671
After tax
40 507
43 649
39 260
37 829
Living cost
28 124
28 124
28 124
28 124
Free-cash
12 383
15 525
11 136
9 705

Estimated living cost  is ₽28124 per week

₽18185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2120
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7290
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13193
-₽155122
-₽155122
-₽155122
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
48 500
municipal
-
-
-
7 601
pensions
-
-
-
810
labour market
-
-
-
3 815
national
-
-
-
4 458
total
-
-
-
16 684
Employee
189 972
189 972
189 972
-
municipal
40 453
40 453
40 453
-
national
23 209
23 209
23 209
-
pensions
270
270
270
-
labour market
15 176
15 176
15 176
-
total
79 108
79 108
79 108
-
Employer
189 972
189 972
189 972
-
labour market
15 198
15 198
15 198
-
pensions
540
540
540
-
municipal
40 518
40 518
40 518
-
national
23 249
23 249
23 249
-
total
79 505
79 505
79 505
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
48 500
48 500
48 500
48 500
Total tax
158 613
158 613
158 613
16 684
After tax
-110 113
-110 113
-110 113
31 816
Living cost
45 009
45 009
45 009
45 009
Free-cash
-155 122
-155 122
-155 122
-13 193

Estimated living cost  is ₽45009 per week

₽30805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3982
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽692
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9530
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12957
-₽16698
₽765
₽4985
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
48 500
pensions
-
-
-
3 960
health
-
-
-
2 075
other
-
-
-
353
accident
-
-
-
240
income
-
-
-
8 288
total
-
-
-
14 916
Employee
32 447
-
40 289
-
pensions
3 654
-
4 537
-
income
4 451
-
5 527
-
health
3 715
-
4 613
-
total
11 820
-
14 677
-
Employer
32 447
-
40 289
-
pensions
5 276
-
6 551
-
unemployment
795
-
987
-
accident
542
-
673
-
total
6 613
-
8 211
-
Corporate
9 440
48 500
-
-
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.

8 496
43 650
-
-
total
8 496
43 650
-
-
Dividends
944
4 850
-
-
withholding
179
921
-
-
total
179
921
-
-
Income
48 500
48 500
48 500
48 500
Total tax
27 108
44 571
22 888
14 916
After tax
21 392
3 929
25 612
33 584
Living cost
20 627
20 627
20 627
20 627
Free-cash
765
-16 698
4 985
12 957

Estimated living cost  is ₽20627 per week

₽15014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1176
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4050
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2400
-₽2359
-₽10014
-₽5777
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
48 500
municipal
-
-
-
8 666
health
-
-
-
357
national
-
-
-
1 156
total
-
-
-
10 179
Employee
49 224
-
40 801
-
municipal
8 063
-
6 695
-
national
813
-
357
-
pensions
3 322
-
2 754
-
unemployment
739
-
613
-
health
368
-
238
-
total
13 305
-
10 657
-
Employer
49 224
-
40 801
-
pensions
8 540
-
7 079
-
unemployment
320
-
265
-
accident
50
-
41
-
health
378
-
314
-
total
9 288
-
7 699
-
Corporate
-
48 500
-
-
income
-
9 700
-
-
total
-
9 700
-
-
Dividends

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

-
29 100
-
-
municipal
-
5 238
-
-
national
-
-
-
-
total
-
5 238
-
-
Income
48 500
48 500
48 500
48 500
Total tax
22 593
14 938
18 356
10 179
After tax
25 907
33 562
30 144
38 321
Living cost
35 921
35 921
35 921
35 921
Free-cash
-10 014
-2 359
-5 777
2 400

Estimated living cost  is ₽35921 per week

₽23463
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3455
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.
₽8432
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17019
₽5681
₽9007
₽10470
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
48 500
health
-
-
-
1 238
social contributions
-
-
-
7 565
income
-
-
-
1 016
total
-
-
-
9 819
Employee
71 944
71 944
71 944
-
social contributions
2 720
5 971
3 654
-
income
7 833
6 660
7 496
-
health
558
1 223
749
-
total
11 111
13 854
11 899
-
Employer
71 944
71 944
71 944
-
social contributions
2 720
5 971
3 654
-
health
605
1 332
815
-
total
3 325
7 303
4 469
-
Corporate
12 402
-
-
-
income
1 550
-
-
-
total
1 550
-
-
-
Dividends
10 852
-
-
-
withholding
1 845
-
-
-
total
1 845
-
-
-
Income
48 500
48 500
48 500
48 500
Total tax
17 831
21 157
16 368
9 819
After tax
30 669
27 343
32 132
38 681
Living cost
21 662
21 662
21 662
21 662
Free-cash
9 007
5 681
10 470
17 019

Estimated living cost  is ₽21662 per week

₽12982
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2125
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.
₽6076
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20307
₽25309
₽20546
₽15218
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 500
pensions
-
-
-
5 951
health
-
-
-
3 386
unemployment
-
-
-
27
income
-
-
-
3 974
total
-
-
-
13 338
Employee

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

21 475
-
43 971
-
pensions
3 221
-
6 596
-
unemployment
107
-
220
-
income
1 468
-
3 345
-
health
1 825
-
3 737
-
total
6 621
-
13 898
-
Employer

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

21 475
-
43 971
-
pensions
1 181
-
2 418
-
unemployment
107
-
220
-
health
923
-
1 891
-
total
2 211
-
4 529
-
Corporate
24 814
48 500
-
-
income
2 234
4 364
-
-
total
2 234
4 364
-
-
Dividends
22 581
44 136
-
-
withholding
2 033
3 972
-
-
total
2 033
3 972
-
-
Income
48 500
48 500
48 500
48 500
Total tax
13 099
8 336
18 427
13 338
After tax
35 401
40 164
30 073
35 162
Living cost
14 855
14 855
14 855
14 855
Free-cash
20 546
25 309
15 218
20 307

Estimated living cost  is ₽14855 per week

₽9478
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1071
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1180
₽7054
₽1981
₽1554
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
48 500
pensions
-
-
-
13 726
other
-
-
-
48
unemployment
-
-
-
339
accident
-
-
-
437
income
-
-
-
7 042
total
-
-
-
21 592
Employee
34 595
-
36 776
-
pensions
1 626
-
1 729
-
other
34
-
37
-
unemployment
536
-
570
-
income
6 670
-
7 160
-
total
8 866
-
9 496
-
Employer
34 595
-
36 776
-
pensions
8 164
-
8 679
-
other
277
-
293
-
unemployment
1 903
-
2 022
-
accident
685
-
728
-
total
11 029
-
11 722
-
Corporate
2 876
48 500
-
-
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.

431
7 274
-
-
total
431
7 274
-
-
Dividends
2 444
41 226
-
-
withholding
465
8 444
-
-
total
465
8 444
-
-
Income
48 500
48 500
48 500
48 500
Total tax
20 791
15 718
21 218
21 592
After tax
27 709
32 782
27 282
26 908
Living cost
25 728
25 728
25 728
25 728
Free-cash
1 981
7 054
1 554
1 180

Estimated living cost  is ₽25728 per week

₽17366
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2473
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5438
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28635
₽28443
₽28144
₽28505
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
48 500
pensions
-
-
-
1 328
health
-
-
-
963
income
-
-
-
15 753
total
-
-
-
18 044
Employee
2 773
-
47 006
-
pensions
250
-
598
-
unemployment
28
-
66
-
income
536
-
15 684
-
health
139
-
332
-
total
953
-
16 680
-
Employer
2 773
-
47 006
-
pensions
305
-
730
-
unemployment
55
-
133
-
health
263
-
631
-
total
623
-
1 494
-
Corporate
45 103
48 500
-
-
income
9 923
10 670
-
-
total
9 923
10 670
-
-
Dividends
35 180
37 830
-
-
withholding
7 036
7 566
-
-
total
7 036
7 566
-
-
Income
48 500
48 500
48 500
48 500
Total tax
18 535
18 236
18 174
18 044
After tax
29 965
30 264
30 326
30 456
Living cost
1 821
1 821
1 821
1 821
Free-cash
28 144
28 443
28 505
28 635

Estimated living cost  is ₽1821 per week

₽1082
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7974
₽18867
₽14265
₽10059
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
48 500
pensions
-
-
-
12 610
health
-
-
-
4 995
unemployment
-
-
-
727
income
-
-
-
6 020
total
-
-
-
24 352
Employee

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

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

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

24 390
-
41 137
-
pensions
3 415
-
5 759
-
unemployment
183
-
309
-
income
3 362
-
6 715
-
health
1 256
-
2 119
-
total
8 216
-
14 902
-
Employer

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

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

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

24 390
-
41 137
-
pensions
2 927
-
4 936
-
unemployment
183
-
309
-
health
1 256
-
2 119
-
total
4 366
-
7 364
-
Corporate
19 744
48 500
-
-
income
2 962
7 275
-
-
total
2 962
7 275
-
-
Dividends
16 782
41 225
-
-
withholding
2 517
6 184
-
-
total
2 517
6 184
-
-
Income
48 500
48 500
48 500
48 500
Total tax
18 061
13 459
22 266
24 352
After tax
30 439
35 041
26 234
24 148
Living cost
16 174
16 174
16 174
16 174
Free-cash
14 265
18 867
10 059
7 974

Estimated living cost  is ₽16174 per week

₽10890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1251
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2976
₽2364
₽2028
₽1834
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
48 500
surtax
-
-
-
-
social contributions

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

-
-
-
16 853
income
-
-
-
3 448
total
-
-
-
20 301
Employee
36 313
-
39 191
-
social contributions
3 995
-
4 311
-
surtax
-
-
-
-
income
7 095
-
7 825
-
total
11 090
-
12 136
-
Employer
36 313
-
39 191
-
social contributions
8 624
-
9 307
-
total
8 624
-
9 307
-
Corporate
3 563
48 500
-
-
income
747
10 184
-
-
surtax
-
-
-
-
total
747
10 184
-
-
Dividends
2 816
38 316
-
-
withholding
788
10 729
-
-
total
788
10 729
-
-
Income
48 500
48 500
48 500
48 500
Total tax
21 249
20 913
21 443
20 301
After tax
27 251
27 587
27 057
28 199
Living cost
25 223
25 223
25 223
25 223
Free-cash
2 028
2 364
1 834
2 976

Estimated living cost  is ₽25223 per week

₽17865
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5973
-₽99
-₽11093
-₽5599
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
48 500
pensions
-
-
-
13 726
other
-
-
-
48
unemployment
-
-
-
339
accident
-
-
-
437
income
-
-
-
7 042
total
-
-
-
21 592
Employee
45 186
-
36 776
-
pensions
2 123
-
1 729
-
other
44
-
37
-
unemployment
700
-
570
-
income
9 438
-
7 160
-
total
12 305
-
9 496
-
Employer
45 186
-
36 776
-
pensions
10 664
-
8 679
-
other
362
-
293
-
unemployment
2 486
-
2 022
-
accident
895
-
728
-
total
14 407
-
11 722
-
Corporate
-
48 500
-
-
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.

-
7 274
-
-
total
-
7 274
-
-
Dividends
-
41 226
-
-
withholding
-
8 444
-
-
total
-
8 444
-
-
Income
48 500
48 500
48 500
48 500
Total tax
26 712
15 718
21 218
21 592
After tax
21 788
32 782
27 282
26 908
Living cost
32 881
32 881
32 881
32 881
Free-cash
-11 093
-99
-5 599
-5 973

Estimated living cost  is ₽32881 per week

₽23614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽6248
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16405
₽25374
₽19672
₽17056
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
48 500
pensions

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

-
-
-
4 837
health
-
-
-
3 758
unemployment
-
-
-
131
income
-
-
-
7 275
total
-
-
-
16 001
Employee
21 311
-
42 088
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

1 871
-
2 869
-
income
2 131
-
4 208
-
health
980
-
1 503
-
total
5 216
-
8 939
-
Employer
21 311
-
42 088
-
pensions

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

2 348
-
3 601
-
unemployment
128
-
196
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
health
1 471
-
2 255
-
total
4 181
-
6 411
-
Corporate
23 008
48 500
-
-
income
2 301
4 850
-
-
total
2 301
4 850
-
-
Dividends
20 707
43 650
-
-
withholding
1 036
2 182
-
-
total
1 036
2 182
-
-
Income
48 500
48 500
48 500
48 500
Total tax
12 734
7 032
15 350
16 001
After tax
35 766
41 468
33 150
32 499
Living cost
16 094
16 094
16 094
16 094
Free-cash
19 672
25 374
17 056
16 405

Estimated living cost  is ₽16094 per week

₽10644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽384
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4145
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽659
-₽10968
₽1214
₽1376
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
48 500
trade
-
-
-
717
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.

-
-
-
6 392
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
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.

-
-
-
4 371
total
-
-
-
11 720
Employee

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

46 552
-
48 500
-
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.

211
-
240
-
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.

3 828
-
4 371
-
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.

6 392
-
6 392
-
total
10 431
-
11 003
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 948
48 500
-
-
trade
279
6 960
-
-
income
293
7 274
-
-
chamber of commerce
146
213
-
-
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.

16
399
-
-
total
734
14 846
-
-
Dividends
1 214
33 653
-
-
withholding
-
8 057
-
-
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.

-
444
-
-
total
-
8 501
-
-
Income
48 500
48 500
48 500
48 500
Total tax
11 165
23 347
11 003
11 720
After tax
37 335
25 153
37 497
36 780
Living cost
36 121
36 121
36 121
36 121
Free-cash
1 214
-10 968
1 376
659

Estimated living cost  is ₽36121 per week

₽24917
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3887
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.
₽6793
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14930
-₽19346
-₽24686
-₽14930
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
48 500
social contributions
-
-
-
3 364
income
-
-
-
6 770
total
-
-
-
10 134
Employee
73 185
-
48 500
-
social contributions
6 080
-
3 364
-
income
13 810
-
6 770
-
total
19 890
-
10 134
-
Employer
73 185
-
48 500
-
total
-
-
-
-
Corporate
-
48 500
-
-
income
-
6 063
-
-
total
-
6 063
-
-
Dividends
-
42 437
-
-
withholding
-
8 487
-
-
total
-
8 487
-
-
Income
48 500
48 500
48 500
48 500
Total tax
19 890
14 550
10 134
10 134
After tax
28 610
33 950
38 366
38 366
Living cost
53 296
53 296
53 296
53 296
Free-cash
-24 686
-19 346
-14 930
-14 930

Estimated living cost  is ₽53296 per week

₽40547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4343
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7897
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17833
-₽7166
-₽1960
₽954
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
48 500
health

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

-
-
-
5 738
income
-
-
-
26 632
total
-
-
-
32 370
Employee
42 920
-
44 196
-
social contributions
4 300
-
4 304
-
income
4 657
-
4 975
-
total
8 957
-
9 279
-
Employer
42 920
-
44 196
-
social contributions
4 300
-
4 304
-
total
4 300
-
4 304
-
Corporate
1 280
48 500
-
-
income
447
16 975
-
-
total
447
16 975
-
-
Dividends
832
31 525
-
-
social contributions
2 793
4 728
-
-
total
2 793
4 728
-
-
Income
48 500
48 500
48 500
48 500
Total tax
16 497
21 703
13 583
32 370
After tax
32 003
26 797
34 917
16 130
Living cost
33 963
33 963
33 963
33 963
Free-cash
-1 960
-7 166
954
-17 833

Estimated living cost  is ₽33963 per week

₽22371
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8393
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2427
₽2228
-₽3939
-₽2340
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
48 500
pensions
-
-
-
2 831
income
-
-
-
9 133
total
-
-
-
11 964
Employee
46 820
-
43 416
-
pensions
3 573
-
3 165
-
income
8 526
-
7 942
-
health
611
-
540
-
total
12 710
-
11 647
-
Employer
46 820
-
43 416
-
pensions
4 730
-
4 259
-
health
890
-
825
-
total
5 620
-
5 084
-
Corporate
-
48 500
-
-
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.

-
9 216
-
-
total
-
9 216
-
-
Dividends
-
39 284
-
-
withholding
-
2 947
-
-
total
-
2 947
-
-
Income
48 500
48 500
48 500
48 500
Total tax
18 330
12 163
16 731
11 964
After tax
30 170
36 337
31 769
36 536
Living cost
34 109
34 109
34 109
34 109
Free-cash
-3 939
2 228
-2 340
2 427

Estimated living cost  is ₽34109 per week

₽23399
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3137
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7145
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽10915
-₽18740
₽452
₽2943
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
48 500
pensions
-
-
-
3 960
health
-
-
-
2 075
other
-
-
-
353
accident
-
-
-
240
income
-
-
-
8 288
total
-
-
-
14 916
Employee
35 659
-
40 289
-
pensions
4 015
-
4 537
-
income
4 892
-
5 527
-
health
4 083
-
4 613
-
total
12 990
-
14 677
-
Employer
35 659
-
40 289
-
pensions
5 798
-
6 551
-
unemployment
874
-
987
-
accident
595
-
673
-
total
7 267
-
8 211
-
Corporate
5 574
48 500
-
-
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.

5 016
43 650
-
-
total
5 016
43 650
-
-
Dividends
557
4 850
-
-
withholding
106
921
-
-
total
106
921
-
-
Income
48 500
48 500
48 500
48 500
Total tax
25 379
44 571
22 888
14 916
After tax
23 121
3 929
25 612
33 584
Living cost
22 669
22 669
22 669
22 669
Free-cash
452
-18 740
2 943
10 915

Estimated living cost  is ₽22669 per week

₽16637
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1321
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4255
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16305
₽28610
₽24069
₽16305
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
48 500
pensions
-
-
-
8 924
health insurance
-
-
-
3 589
work injury
-
-
-
243
unemployment
-
-
-
582
income
-
-
-
6 242
total
-
-
-
19 580
Employee

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

20 184
-
48 500
-
pensions
3 714
-
8 924
-
health insurance
1 494
-
3 589
-
unemployment
242
-
582
-
income
2 018
-
6 242
-
work injury
101
-
243
-
total
7 569
-
19 580
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
28 316
48 500
-
-
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
28 316
48 500
-
-
withholding
4 247
7 275
-
-
total
4 247
7 275
-
-
Income
48 500
48 500
48 500
48 500
Total tax
11 816
7 275
19 580
19 580
After tax
36 684
41 225
28 920
28 920
Living cost
12 615
12 615
12 615
12 615
Free-cash
24 069
28 610
16 305
16 305

Estimated living cost  is ₽12615 per week

₽7815
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽917
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽394
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3490
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10949
-₽11725
-₽30340
-₽13640
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
48 500
municipal
-
-
-
325
regional
-
-
-
716
social contributions
-
-
-
12 475
national
-
-
-
8 661
total
-
-
-
22 177
Employee
78 840
-
48 500
-
social contributions
26 584
-
16 354
-
municipal
471
-
289
-
regional
1 190
-
612
-
national
13 323
-
7 613
-
total
41 568
-
24 868
-
Employer
78 840
-
48 500
-
total
-
-
-
-
Corporate
-
48 500
-
-
nationa
-
11 640
-
-
municipal
-
2 338
-
-
total
-
13 978
-
-
Dividends
-
34 522
-
-
withholding
-
8 975
-
-
total
-
8 975
-
-
Income
48 500
48 500
48 500
48 500
Total tax
41 568
22 953
24 868
22 177
After tax
6 932
25 547
23 632
26 323
Living cost
37 272
37 272
37 272
37 272
Free-cash
-30 340
-11 725
-13 640
-10 949

Estimated living cost  is ₽37272 per week

₽26181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7963
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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